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World Economy International Organizations

  • GENEVA/ OTTAWA, Dec 21- A dispute panel of the World Trade Organization largely ruled in favour of Taiwan on Wednesday on its complaint over anti-dumping duties imposed by Canada on some of its steel goods. The ruling, related to certain carbon steel welded pipes and certain provisions of Canada's underlying legislation, found that Canada had contravened the...

  • GENEVA/ OTTAWA, Dec 21- A dispute panel of the World Trade Organization largely ruled in favor of Taiwan on Wednesday on its complaint over anti-dumping duties imposed by Canada on some of its steel goods. The ruling, related to certain carbon steel welded pipes and certain provisions of Canada's underlying legislation, found that Canada had contravened the...

  • GENEVA/ OTTAWA, Dec 21- A dispute panel of the World Trade Organization largely ruled in favour of Taiwan on Wednesday on its complaint over anti-dumping duties imposed by Canada on some of its steel goods. The ruling, related to certain carbon steel welded pipes and certain provisions of Canada's underlying legislation, found that Canada had contravened WTO's...

  • GENEVA/ OTTAWA, Dec 21- A dispute panel of the World Trade Organization largely ruled in favor of Taiwan on Wednesday on its complaint over anti-dumping duties imposed by Canada on some of its steel goods. The ruling, related to certain carbon steel welded pipes and certain provisions of Canada's underlying legislation, found that Canada had contravened WTO's...

  • ZURICH, Dec 21- The Swiss government began untangling a legal mess on Wednesday over how to handle immigration from the European Union after parliament's adoption of a law at odds with a constitutional amendment requiring quotas for EU citizens. The new law, passed by parliament on Friday, gives local people first crack at open jobs, skirting voters' demand in a...

  • *European Court of Justice likely to rule along same lines. LUXEMBOURG, Dec 21- A top adviser to the European Court of Justice said on Wednesday that a trade agreement between Singapore and the European Union cannot be fast-tracked into force, in a legal opinion that is likely to slow down ratification of other, broader trade deals. The European Commission and...

  • LONDON, Dec 21- OPEC and non- OPEC oil producers have agreed to reduce their combined output by more than 1.7 million barrels per day for six months from January 2017. But the agreement contains a provision that it can be extended for a further six months, subject to market conditions. Oil traders are betting on an extension, with most of the rebalancing of the oil...

  • GENEVA, Dec 21- A dispute panel of the World Trade Organization largely ruled in favour of Taiwan on Wednesday on its complaint over anti-dumping duties imposed by Canada on some of its steel goods. Canada slapped duties on some imports of carbon steel welded pipes from Taiwan in 2012 and Taiwan brought the complaint to the WTO in Jan 2015. The annual value of...

  • GENEVA, Dec 21- A dispute panel of the World Trade Organization largely ruled in favor of Taiwan on Wednesday on its complaint over anti-dumping duties imposed by Canada on some of its steel goods. Canada slapped duties on some imports of carbon steel welded pipes from Taiwan in 2012 and Taiwan brought the complaint to the WTO in Jan 2015. The annual value of...

  • WTO DISPUTE PANEL RULES IN FAVOUR OF TAIWAN IN COMPLAINT OVER ANTI-DUMPING DUTIES IMPOSED BY CANADA ON ITS STEEL.

  • TOKYO, Dec 22- Sumitomo Mitsui Financial Group is studying sites for a new banking headquarters in Europe, its president said, joining global peers looking for alternatives to London in the wake of Britain's vote to quit the European Union. Japan's third-largest banking group however was keeping its options open and could stay in London depending on how much...

  • BRUSSELS, Dec 21- The European Commission has recommended keeping import duties and a minimum price for solar panels and cells from China for two more years, according to documents seen by Reuters. The European Union and China came close to a trade war in 2013 over EU allegations of solar panel dumping by China. But this was averted by an agreement to allow a limited...

  • BRUSSELS, Dec 21- The European Commission has recommended keeping import duties and a minimum price for solar panels and cells from China for two more years, according to documents seen by Reuters. The European Union and China came close to a trade war in 2013 over EU allegations of solar panel dumping by China. But this was averted by an agreement to allow a limited...

  • While there are several reasons for this, the main one is that many analysts didn't really believe that China would cut its domestic coal output, but did believe that it would close excess steel capacity. So, what does this mean for coal and iron ore for 2017, given that China is the world's biggest buyer of both? For coking coal used in steel-making, it's a slightly...

  • LONDON, Dec 21- The European Union banking sector has complied with new liquidity rules ahead of a 2018 deadline and no extra time is needed to plug an 11 billion euro shortfall at a few banks, the bloc's watchdog said on Wednesday. The European Banking Authority said that at the end of December 2015, the EU bank sector's average LCR was 134 percent, meaning the sector...

  • LONDON, Dec 21- The shipping industry faces the threat of paying a levy to the European Union on its greenhouse gas emissions as lawmakers from the bloc grow increasingly impatient with the slow progress being made by the global effort to tackle the issue. "We hope that EU governments and the European Commission will see sense." A spokeswoman for the European...

  • *Singapore deal part of EU's trade strategy in Asia. LUXEMBOURG, Dec 21- A top legal adviser to the European Court of Justice said on Wednesday that a trade agreement between Singapore and the European Union cannot be fast-tracked into force, in a case likely to impact Europe's trade strategy. The European Commission and Singapore completed negotiations on a...

  • BRUSSELS, Dec 21- A Greek law forcing employers to seek government approval for mass layoffs is too vague and violates European Union laws, the EU's top court ruled on Wednesday, potentially complicating Athens' stance in talks with international lenders. "The Greek legislation is liable to constitute a serious obstacle to the exercise of freedom of...

  • While there are several reasons for this, the main one is that many analysts didn't really believe that China would cut its domestic coal output, but did believe that it would close excess steel capacity. So, what does this mean for coal and iron ore for 2017, given that China is the world's biggest buyer of both? For coking coal used in steel-making, it's a slightly...

  • KIEV, Dec 21- Ukraine's parliament approved a budget for 2017 on Wednesday, raising its chance of securing more aid from the International Monetary Fund under a $17.5 billion loan package. The IMF and other international backers have propped up Ukraine's economy since the country plunged into turmoil in 2014 following the Maidan street protests and the...