SHANGHAI, May 25- Chinese Premier Li Keqiang criticised the European Union over its plans to investigate alleged anti-competitive behaviour by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported.» Read More
PARIS, May 14- The economic outlook in major industrialised nations is improving, led by firming growth in the United States and Japan, the OECD said on Tuesday. The Paris- based Organisation for Economic Cooperation and Development said its latest monthly leading indicator for the OECD as a whole rose to 100.5 in March from 100.4 in February.
*IEA steeply raises non- OPEC supply forecast. *OPEC will barely have to raise output in next 5 years. LONDON, May 14- Rising U.S. shale oil production will help meet most of the world's new oil demand in the next five years, even if the global economy picks up steam, leaving little room for OPEC to lift output without risking lower prices, the West's energy agency said.
*IEA steeply raises non- OPEC supply forecast. *OPEC will barely have to raise output in next 5 years.
BRUSSELS, May 14- European Central Bank policymaker Joerg Asmussen threw his weight behind demands by France and the European Commission for the swift establishment of a single supervisory authority and resolution regime for euro zone banks next year. To establish such a new authority, European Union treaties would need to be changed, Schaeuble has said.
*Survey finds growing disillusionment with the European Union. BRUSSELS, May 13- Europe's debt crisis has shattered its citizens' faith in the European Union and increased distrust between core nations, although support for the euro currency remains solid, according to a widely watched study released on Monday.
BRUSSELS, May 13- Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their economies.
*Obama in strongest foray in Britain's EU debate. WASHINGTON, May 13- President Barack Obama intervened in Britain's emotive debate about its membership of the European Union on Monday, saying Prime Minister David Cameron should "fix" his country's relationship with the bloc before taking any steps to leave.
President Barack Obama on Monday urged Britons to watch whether European Union reforms were successful before deciding whether to leave the multi-nation bloc, backing the position taken by British Prime Minister David Cameron.
WASHINGTON, May 13- British Prime Minister David Cameron on Monday said a proposed free trade agreement between the European Union and United States should cover all sectors, drawing a contrast with France, which wants to leave out sensitive cultural industries.
WASHINGTON, May 13- British Prime Minister David Cameron on Monday said a proposed free trade agreement between the European Union and United States should cover all sectors, drawing a contrast with France, which wants to leave out sensitive cultural industries. "To realize the huge benefits this deal could bring will take ambition and political will.
LONDON, May 13- The yen suffered fresh losses on Monday after Group of Seven finance officials avoided direct criticism of Japan's monetary policy, which has pushed its currency to four-year lows. The euro also fell against a firmer dollar after European Central Bank policymaker Ignazio Visco said the central bank may opt for a negative deposit rate.
*Oil flow on Kirkuk- Ceyhan pipeline resumes- sources. *OPEC, before meeting, sees higher oil demand for 2013. SINGAPORE, May 13- Brent futures slipped towards $103 a barrel on Monday as the dollar stayed firm, with renewed worries of a slowdown in demand growth from the world's top oil consumer the United States further weighing on sentiment.
May 13- The European Union signed in April a temporary freeze of its requirement all aircraft pay for carbon emissions through the EU Emissions Trading Scheme if they use EU airports.
*Japan escapes rap for weak yen, Germany says is watching. AYLESBURY, England, May 11- Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan's drive to galvanise its economy.
Group of Seven nations finance ministers agreed to tackle the issue of how to deal with failing banks and gave gave a green light to Japan's efforts to galvanize its economy.
*Japan escapes censure for policies that have weakened yen. AYLESBURY, England, May 11- Group of Seven finance officials agreed on Saturday to press on with measures to deal with failing banks and gave a green light to Japan's efforts to galvanise its economy.
AYLESBURY, England, May 11- Group of Seven finance officials agreed on Saturday to press on with measures to deal with failing banks that do not land taxpayers with the bill, British finance minister George Osborne said.
*OPEC boosts 2013 oil demand forecast. NEW YORK/ LONDON, May 10- Crude futures on both sides of the Atlantic lost ground on Friday as rising fuel supplies and a stronger dollar put oil under pressure. By 12:39 p.m. EDT, Brent futures were $1.81 lower at $102.66 a barrel, after falling as to a low of $101.56.
BRASILIA, May 10- Brazil campaigned hard to get the top job at the World Trade Organization this week but behind closed doors even it acknowledges that the WTO's main mission- pushing forward in global trade talks- looks for the moment like a lost cause.
*Raises demand for OPEC crude forecast by 90,000 bpd. *OPEC sees downside risk to 2013 oil demand growth. LONDON, May 10- OPEC will need to pump slightly more oil than it thought in 2013 and expects global consumption to be much higher in the rest of the year, signs of a stronger market that argue against any calls for supply restraint when the group meets on May 31.