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World Economy International Organizations

  • BEIJING, April 28- China's Commerce Ministry said on Friday that it will extend anti-dumping, anti-subsidy duties on solar-grade polysilicon imported from the European Union, starting from May 1, for 18 months.

  • *OPEC lobbies for extension to cut output beyond H1 2017. *Relentless rise in U.S. output undermines OPEC efforts. SINGAPORE, April 28- Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC- led production cut has failed to significantly tighten an oversupplied market.

  • *OPEC lobbies for extension to cut output beyond H1 2017. *Relentless rise in U.S. output undermines OPEC efforts. SINGAPORE, April 28- Oil prices stabilised on Friday but were on track for a second straight weekly loss on concerns that an OPEC- led production cut has failed to significantly tighten an oversupplied market.

  • YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda, Asian Development Bank President Takehiko Nakao will speak at Global Think Tank Summit ahead of ADB's annual meeting. SYDNEY- Reserve Bank of Australia board meeting on monetary policy- 0430 GMT. TOKYO- ASEAN +3 Finance and Central Bank Deputies Meeting Working Group.

  • MEXICO CITY— Like the rest of the world, Mexico only learned through media reports that the Trump administration was considering a draft executive order to withdraw the United States from the North American Free Trade Agreement. But just as Trump warned that he was still prepared to walk away from NAFTA unless he gets "a fair deal for the United States," Videgaray...

  • President Donald Trump told Canada and Mexico that Washington wanted to renegotiate, rather than leave, NAFTA. The loonie, as Canada's currency is colloquially known, has been buffeted by trade rhetoric and actions this week, including the imposition of U.S. import duties on Canada's softwood lumber. The currency had fallen on Wednesday after a U.S. official...

  • *OPEC sec-gen's comments point to an extension of global cut. NEW YORK, April 27- Crude prices were slightly lower after a volatile session on Thursday, as the restart of two key Libyan oilfields and concerns about lackluster gasoline demand fed concern over whether major oil producers can alleviate the glut of global inventories. Brent crude settled down 14...

  • WASHINGTON— President Donald Trump campaigned on an "America First" trade policy of bracing clarity: Renegotiate or abandon NAFTA and crack down on China's trade practices. The White House leaked that possibility to reporters, rattling investors and drawing protests from business groups and Republican lawmakers. He would actually seek to revamp the trade...

  • CHICAGO, April 27- Chicago corn and soybean futures edged higher on Thursday on concerns about weather delays to spring planting and relief that the White House will not immediately withdraw the United States from North American Free Trade Agreement. But as long as the deferred forecast stays relatively dry, people aren't getting too nervous just yet, hence...

  • *Two key Libya oilfields restart, sources tell Reuters. *OPEC sec-gen's comments point to an extension of global cut. New York, April 27- Crude prices fell more than 1 percent on Thursday as the restart of two key oilfields in Libya pumped more crude into an already bloated market.

  • OTTAWA, April 27- Canadian Prime Minister Justin Trudeau said on Thursday he had urged U.S. The White House said earlier that Trump told the leaders of Canada and Mexico in separate calls on Wednesday that he would not terminate the NAFTA treaty at this stage, but would move quickly to begin renegotiating it with them. Any move to break up NAFTA would cause great...

  • GENEVA, April 27- South Africa is proposing to put emergency "safeguard" tariffs on imports of certain flat hot-rolled steel products from July, it said in a filing published by the World Trade Organization on Thursday. South Africa said the proposal was based on a final determination by its International Trade Administration Commission that domestic...

  • SAO PAULO, April 27- The Mexican peso rebounded on Thursday after U.S. But Trump said on Thursday that he received calls from the leaders of NAFTA partners Mexico and Canada asking him renegotiate the agreement instead of terminating it. The lower house of Congress approved on Wednesday the main text of a bill to relax Brazil's labor laws, a main plank of Temer's...

  • WASHINGTON, April 27- President Donald Trump expressed optimism on Thursday the United States, Canada and Mexico can successfully renegotiate a trade accord he deems unfair to American interests but vowed to scrap the 23- year-old pact if a "fair deal for all" cannot be reached. Trump, in a meeting with Argentine president Mauricio Macri, said Thursday he had...

  • OTTAWA, April 27- Canadian Prime Minister Justin Trudeau urged U.S. The White House said earlier that Trump told the leaders of Canada and Mexico on Wednesday that he would not terminate the NAFTA treaty at this stage, but would move quickly to begin renegotiating it with them. Any move to break up NAFTA would cause great economic damage to Canada, which sends 75...

  • PARIS, April 27- OPEC wants oil inventories to decline further and is working to ensure a policy-setting meeting in May reaches consensus, the group's secretary-general said on Thursday in comments pointing to an extension of a global supply cut. As a result, OPEC members including top exporter Saudi Arabia have signalled support for extending the deal at a May...

  • OTTAWA, April 27- Canadian Prime Minister Justin Trudeau urged U.S. President Donald Trump not to withdraw from NAFTA in a call on Wednesday, saying such a move would be counter-productive, a Canadian source familiar with the matter said on Thursday. Trudeau made the comments after Trump told him he was thinking about pulling out of the North American Free Trade...

  • PARIS, April 27- OPEC wants oil inventories to decline further and is working to ensure a policy-setting meeting in May reaches consensus, the group's secretary-general said on Thursday in comments pointing to an extension of a global supply cut. As a result, OPEC members including top exporter Saudi Arabia have signalled support for extending the deal at a May...

  • President Donald Trump told Canada and Mexico that renegotiating the North American Free Trade Agreement was "very possible." The currency had fallen on Wednesday after a U.S. official said the White House was considering a draft executive order to withdraw from NAFTA, which binds the United States, Canada and Mexico. On Thursday, Trump wrote on Twitter that he...

  • PODGORICA, Montenegro— Montenegro's prime minister says Russia has banned the import of its best-known wine because of the Balkan country's decision to become a member of NATO. Russia has strongly opposed the idea of Montenegro in NATO. Montenegro has accused Russia of staging a foiled coup attempt in October to derail the NATO bid.