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  • NEW DELHI, Nov 24- The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India. In India for the first round of high-level trade talks since the breakthrough, Froman urged progress on key areas of U.S....

  • NEW DELHI, Nov 24- The United States wants to step up its trade dialogue with India, Trade Representative Michael Froman said on Monday, after the resolution of a global trade dispute paved the way for President Barack Obama to visit India. In India for the first round of high-level trade talks since the breakthrough, Froman urged progress on key areas of U.S....

  • ISTANBUL, Nov 21- Rating agency Standard& Poor's said on Friday it expected Turkey's current account deficit, its main economic weakness, to remain close to 5.3 percent of output until 2017, with falling oil prices helping the economy to rebalance. The agency, which affirmed its unsolicited BB+ rating, one notch below investment grade, said it saw elevated policy...

  • BRUSSELS, Nov 21- Europe's proposed free trade agreement with the United States would collapse if European leaders bowed to pressure to remove investment protection from any deal, the chairman of EU trade ministers said on Friday. The United States and the European Union are trying to seal a free trade deal which could bring economic gains of around $100...

  • BEIJING, Nov 21- A flurry of private Chinese investment into Hollywood should prompt Beijing to loosen its restrictions on U.S. film imports, the mayor of Los Angeles said in China on Friday as he urged officials to raise the country's annual cap on foreign films. Los Angeles Mayor Eric Garcetti, who is leading a two-week trade mission across three Asian countries,...

  • BRUSSELS, Nov 21- A plan giving Brussels new powers to fight unfair Chinese exports "is dead", Italy said on Friday, with the European Union ideologically split over how to deal with countries that dump cheap goods in Europe. Countries such as France say Europe must defend its industries, while free-trade advocates like Sweden see the rules as protectionism.

  • China to overhaul grains import quota system Thursday, 20 Nov 2014 | 6:17 PM ET

    China plans to revamp the scheme it uses to allocate quotas for agricultural imports, as part of efforts to stamp out corruption and to rein in record state grain stockpiles.

  • WASHINGTON, Nov 20- The U.S. Commerce Department on Thursday set duties on imports of rail and road transport containers from China after finding the goods were sold below cost in the United States. In 2013, about $184 million worth of such containers were imported from China. The duties, which must still be confirmed in a final decision by the Commerce Department...

  • BEIJING, Nov 21- China plans to revamp the scheme it uses to allocate quotas for agricultural imports, as part of efforts to stamp out corruption and to rein in record state grain stockpiles, according to government and industry sources. The low-tariff quotas, which are sanctioned under China's membership of the World Trade Organisation, are allocated to...

  • UK economy 'failing' on exports: BCC chief     Thursday, 20 Nov 2014 | 1:30 AM ET

    John Longworth, director-general of the British Chambers of Commerce, says exports have fallen sharply and government support is needed to boost them.

  • Open borders holding back UK wage rises: BCC     Thursday, 20 Nov 2014 | 1:30 AM ET

    John Longworth, director-general of the British Chambers of Commerce, says businesses want skilled immigrant labor but "porous borders" are holding back wage inflation.

  • China: Australia trade deal won't hurt New Zealand Thursday, 20 Nov 2014 | 1:27 AM ET

    WELLINGTON, New Zealand— Chinese President Xi Jinping said Thursday that his country's trade deal with Australia won't hurt neighboring New Zealand because demand from the world's No. 2 economy remains strong. China and Australia signed a preliminary free-trade deal earlier this week. Xi said people have been asking him if that will have a negative impact on...

  • METALS-London nickel hits 5-week high as shortfall eyed Wednesday, 19 Nov 2014 | 10:59 PM ET

    *Coming up: euro zone Markit flash mfg PMI at 0900 GMT. SYDNEY, Nov 20- London nickel hit a five-week high on Thursday on expectations of a shortage of ore in China, as stainless steel makers run down their raw material stockpiles following an Indonesian ban on ore exports. "The chances of a supply gap are fairly high... but I don't think it's going to be as acute as consensus...

  • BEIJING, Nov 20- China's factories looked to have hit an air pocket in November as a private survey showed output falling for the first time in six months, adding to concerns about slowing economic momentum and to the case for further policy easing from Beijing. In China, the flow of data was again disappointing as an early reading on HSBC/ Markit's manufacturing...

  • Asian currencies face 'double whammy'     Wednesday, 19 Nov 2014 | 9:44 PM ET

    Mitul Kotecha, Head of FX Strategy, Asia Pacific at Barclays, says Asian currencies have come under pressure following a weaker yen and soft economic data coming out of China.

  • *Oct exports +9.6 pct y/y vs f'cast +4.5 pct y/y. TOKYO, Nov 20- Japanese exports grew in October at the fastest pace in eight months, an encouraging sign that global demand could help the country recover from recession and support the central bank's optimistic economic outlook. "The trade data shows that exports will contribute to growth in the fourth quarter and...

  • Japan trade deficit narrows in Oct as exports rise Wednesday, 19 Nov 2014 | 7:53 PM ET

    TOKYO— The drop in oil prices helped trim Japan's trade deficit in October, as exports of cars, ships and steel picked up pace. The value of exports was the highest since 2008, while shipments to the U.S., China and other major trading partners hit their highest level in over a year, according to the preliminary data from the Finance Ministry. Japan's economy slipped...

  • TOKYO, Nov 20- Japanese exports grew in October at the fastest pace in eight months in an encouraging sign that global demand could help the country recover from an unexpected recession and support the central bank's optimistic economic outlook. "The trade data shows that exports will contribute to growth in the fourth quarter and help recoup some of the...

  • Japan exports rise at fastest pace in 8 months Wednesday, 19 Nov 2014 | 6:52 PM ET

    Japan's exports rose at their fastest pace in eight months in October, an encouraging sign that global demand is picking up.

  • 'Japan is exporting itself out of crisis': Pro     Wednesday, 19 Nov 2014 | 6:51 PM ET

    October's trade figures are "very good" and will likely persist as Japanese exporters expand into other parts of Asia, says Martin Schulz, Senior Economist at Fujitsu Research Institute.