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  • TOKYO— Japan posted a trade deficit in April following a single-month's surplus in March, and economists said shortfalls were likely to persist given the weakness of the yen. But thanks to lower oil and gas prices, the deficit fell more than forecast, nearly 94 percent from April 2014, when the deficit was 825.5 billion yen, the Finance Ministry reported Monday.

  • SHANGHAI, May 25- China will slash import tariffs on consumer goods including skincare products, Western-style clothes and diapers from June, potentially giving a fillip to global brands and bolstering domestic consumption amid faltering economic growth. China retail sales rose 10 percent last month, but eased from March as data showed that China's economy...

  • TOKYO— Japan's trade balance reverted to a deficit in April but narrowed sharply from the previous year as the plunge in oil prices cut fuel import costs. Strong demand for machinery and cars pushed exports to the U.S., Japan's biggest market, up 21 percent from a year earlier to 1.36 trillion yen. Japan's exports to China edged up 2.4 percent, to 1.21 trillion yen, a...

  • Is a Grexit back on the cards?   Sunday, 24 May 2015 | 8:07 PM ET
    Is a Grexit back on the cards?

    Martin Lakos, division director of Wealth Management at Macquarie, explains the market repercussions if Greece defaults on payment due to the International Monetary Fund this month.

  • Japan April exports rise 8.0 pct year/year - MOF Sunday, 24 May 2015 | 7:54 PM ET

    TOKYO, May 25- Japan's exports rose 8.0 percent in April from a year earlier, up for an eighth straight month, Ministry of Finance data showed on Monday, underlining a gradual pickup in external demand. The trade balance came to a deficit of 53.4 billion yen, versus the median estimate for a 318.9 billion yen deficit. To view full tables, go to the website of the Ministry...

  • Weaker oil behind Japan's falling imports: UOB   Sunday, 24 May 2015 | 7:51 PM ET
    Weaker oil behind Japan's falling imports: UOB

    Alvin Liew, senior economist at UOB, attributes the wider-than-expected decline in Japan's April import volumes to the plunge in oil prices from a year ago period.

  • APEC trade chiefs vow to speed up work in WTO Sunday, 24 May 2015 | 7:32 AM ET

    MANILA, Philippines— Trade ministers from 21 Asia-Pacific countries on Sunday issued strong support to the World Trade Organization's efforts to boost global trade amid a flurry of regional free trade agreements. The FTAAP goal is being pursued as talks for the Trans-Pacific Partnership free trade initiative of 12 countries— including the United States,...

  • BORACAY, Philippines, May 24- The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said on Sunday. The 12- nation Trans-Pacific Partnership, which will cover about 40 percent of the world's economies,...

  • Senate backs 'fast-track' on trade deals Saturday, 23 May 2015 | 3:34 AM ET
    President Barack Obama.

    President Barack Obama scored a major victory on when the U.S. Senate voted to give him "fast-track" powers that would help wrap up negotiations on TPP.

  • Senate clears White House-backed trade bill Saturday, 23 May 2015 | 12:16 AM ET

    WASHINGTON— In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. Separate legislation to prevent parts of the anti-terror USA Patriot Act from lapsing on June 1 was caught in a...

  • Senate clears White House-backed trade bill Friday, 22 May 2015 | 9:23 PM ET

    WASHINGTON— In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. Senate passage of the trade bill capped two weeks of tense votes and near-death experiences for legislation the...

  • WASHINGTON, May 22- The U.S. Senate on Friday was poised to approve the "fast-track" authority that President Barack Obama says he needs to complete a 12- nation Pacific Rim trade deal central to projecting American influence in Asia. The Republican-controlled Senate narrowly rejected a push by some lawmakers to include rules to punish currency manipulators, a...

  • WASHINGTON, May 22- The U.S. Senate on Friday rejected a push to beef up rules against currency manipulation in a key trade bill, avoiding a clash with the Obama administration and U.S. trade partners.

  • WASHINGTON, May 22- The U.S. Senate on Friday voted for a compromise on currency manipulation rules in a key trade bill, avoiding a clash with the Obama administration and U.S. trade partners.

  • Slow it down! Don't fast track the TPP Friday, 22 May 2015 | 12:46 PM ET
    Slow sign on walkway

    Obama may want to take his foot off the gas when it comes to the TPP trade deal, says the Fletcher School's Bhaskar Chakravorti.

  • Ex-Bush aide: Cuba could be another Singapore if Friday, 22 May 2015 | 8:35 AM ET
    Carlos Gutierrez, former U.S. Secretary of Commerce

    Cuba has the most potential of any country in the world to flourish given the right vision, says Carlos Gutierrez, who was Commerce secretary under George W. Bush.

  • BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...

  • BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...

  • BRUSSELS, May 22- The European Union's anti-fraud office is investigating producers and importers of Chinese solar panels on suspicion that they are evading import duties designed to ensure a fair market, according to a source familiar with the study. Dutch tax inspectors in March carried out searches at a number of sites on suspicion an importer there had...

  • TAIPEI, May 22- Taiwan on Friday cut its 2015 full-year economic growth target and said exports will contract fall this year, citing weak demand for the island's products from China and other markets. Taiwan's worse-than-expected exports in recent months have provided further evidence that the recovery of global economies remains uncertain and demand for...