Just days after the first World Trade Organisation trade reform deal was pushed through on Saturday, trade ministers from 12 countries are in closed-door talks in a Singapore hotel to try to tie up the Trans-Pacific Partnership.» Read More
*Fed stimulus withdrawal eyed, clarity sought from China. MOSCOW, July 19- The world's economic crisis response team grappled on Friday with the prospect of more market volatility resulting from powerhouses the United States, China and Japan charting a course towards recovery.
LONDON/ MOSCOW, July 19- The G20 backed a "fundamental" rethink of the rules on taxing multinational corporations on Friday, taking aim at loopholes used by companies such as Apple and Google to avoid billions of dollars in taxes.
*Fed stimulus withdrawal eyed, clarity sought from China. Finance ministers and central bankers gathering in Moscow were otherwise focused on sharting a course towards global economic recovers, and seeking to calm financial markets worried about the impact of stimulus programes.
BRASILIA, July 19- Plans by the world's leading emerging economies to join forces to battle the latest bout of global financial turbulence could remain on the drawing board once again at the G20 meeting in Moscow this week.
*Fed stimulus withdrawal eyed, clarity sought from China. MOSCOW, July 19- The world's economic crisis response team will grapple with the prospect of more market volatility on Friday as finance ministers and central bankers gather in Moscow to chart a course towards recovery.
BEIJING, July 18- China's Commerce Ministry issued preliminary anti-dumping duties on imports of U.S. and South Korean solar-grade polysilicon on Thursday, but made no decision on tariffs on European Union exports of the raw material used to make solar panels.
LONDON, July 18- The European Union and Australia last August agreed to link emissions trading schemes, with the aim of injecting new momentum into flagging moves for a global carbon price.
*Bernanke says China curbs yuan value for export benefits. SHANGHAI, July 18- The yuan edged lower against the dollar on Thursday after the central bank set a weaker midpoint, shrugging off renewed calls by the United States and International Monetary Fund for the Chinese currency to appreciate.
NEW YORK, July 17- In an unprecedented move, the International Monetary Fund plans to ask the U.S. Supreme Court to review Argentina's case in a decade-old legal battle with holdout creditors, because of the implications it could have on sovereign debt restructurings.
WASHINGTON, July 17- The United States blamed. China on Wednesday for a breakdown in trade talks aimed at. China is one of 20 World Trade Organization members, along with the United States and the 28- nation European Union, that have been negotiating for months to expand the 1996 Information Technology Agreement to eliminate tariffs on additional goods.
*Monsanto to focus on conventional seed business in Europe. BRUSSELS, July 17- Monsanto Co said on Wednesday it will withdraw all pending approval requests to grow new types of genetically modified crops in the European Union, due to the lack of commercial prospects for cultivation there.
BRUSSELS, July 17- Monsanto Co said on Wednesday it will withdraw all pending approval requests to grow new types of genetically modified crops in the European Union, due to the lack of commercial prospects for the technology there.
*Talks planned between Germany, France to resolve issue. BRUSSELS, July 17- More European Union countries could join France in blocking registrations of new Daimler AG vehicles using a banned coolant, after EU governments agreed on Wednesday to take action against the German carmaker.
*BP, Statoil say need more assurances on security. LONDON/ ALGIERS, July 17- Six months on from a deadly attack at a gas plant in Algeria, oil majors BP and Statoil have yet to send their workers back amid disagreements over security with the government of the North African OPEC producer.
BEIJING/ WASHINGTON, July 17- China needs another round of "decisive measures" to make sure it continues its successful economic growth as its margins of safety are falling amid growing domestic problems, the International Monetary Fund said in its latest report.
*China pressed for clarity on slowdown, financial sector. MOSCOW, July 17- The Group of 20 should brace for more market volatility even as an improving U.S. economy allows the Federal Reserve to scale back its monetary stimulus, Russia's summit coordinator Ksenia Yudayeva said on Wednesday.
BEIJING, July 17- China needs another round of "decisive measures" to make sure it continues its successful economic growth as its margins of safety are falling amid growing domestic problems, the International Monetary Fund said in its latest report.
The appraisal is the first since Cyprus secured a deal with the International Monetary Fund, the European Commission and the European Central Bank in March, pulling the cash-starved country away from the brink of financial meltdown.
MOSCOW, July 16- G20 summits do not always set the pulse racing, but this week's gathering of finance ministers and central bankers in Moscow has a better chance than most of grabbing the attention of financial markets.
LONDON, July 16- Sooner or later OPEC members will have to reduce output to reflect their reduced share of the global oil market. The only real questions are how much of the burden of cutting production will fall on Saudi Arabia and whether they will be implemented through the framework of OPEC or unilaterally.