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  • SHANGHAI, May 27- China resolutely opposes a probe by the U.S. International Trade Commission into complaints of trade secret thefts by Chinese steel companies and will encourage its firms to legally defend themselves, China's commerce ministry said on Friday. Citing unnamed officials from the ministry, the statement on the Ministry of Commerce's website...

  • Growing pressure for the west to block Beijing’s bid for “market economy status” and greater access to world markets, the FT reports.

  • *Rain-hit Argentina harvest causes concerns over exports. At the Chicago Board of Trade as of 11:05 a.m. CDT July soybeans were down 4-1/ 2 cents at $10.81 per bushel after reaching $10.98, the highest spot price since September 2014. CBOT July wheat rose up 10-1/ 2 cents at $4.76-1/ 2 a bushel and July corn added up 2-1/ 2 cents at $4.07-1/ 4 a bushel.

  • *Rain-hit Argentina harvest causes concerns over exports. PARIS/ SINGAPORE, May 26- U.S. soybean and soymeal futures extended gains on Thursday to trade at levels last seen in 2014, as investors continued to fret about the prospect of reduced supply from exporter Argentina after a rain-hit harvest. The Chicago Board of Trade most-active soybean contract were...

  • TOKYO, May 26- Japanese stocks were flat in thin, choppy trade on Thursday as indexes gave up earlier gains due to the yen's rising strength against the dollar, which curbed optimism over the profit outlook for exporters and other shares. Market players noted investors' lack of conviction in the absence of strong catalysts as Japan hosts a two-day G7 leaders'...

  • *China state-owned firms' profit fell 8.4 pct in Jan-April. *China steelmakers face U.S. anti-dumping duties. SHANGHAI, May 26- China stocks fell to 2-1/ 2 month lows on Thursday, weighing on markets across Asia, on growing worries that the economy was losing steam again after a promising start to the year.

  • BEIJING— China accused the United States on Thursday of hampering trade after Washington imposed duties of up to 450 percent on Chinese steel in its latest response to a flood of low-priced imports. Beijing faces mounting criticism from the United States and Europe that it is exporting steel at unfairly low prices to clear a backlog in its glutted home market.

  • WASHINGTON, May 25- Corrosion-resistant steel from China will face final U.S. anti-dumping and anti-subsidy duties of up to 450 percent under the U.S. Commerce Department's latest clampdown on a glut of steel imports, the agency said on Wednesday. The department also issued anti-dumping duties of 3 percent to 92 percent on producers of corrosion-resistant...

  • SINGAPORE, May 26- Oil prices inched towards $50 a barrel in early Asian trade on Thursday, after U.S. government figures showed a sharper-than-expected drawdown of crude stocks last week as imports dropped. Brent climbed 5 cents to $49.79 a barrel, having closed up $1.13, or 2.3 percent, in the previous session. U.S. crude stocks fell 4.2 million barrels to 537.1...

  • WASHINGTON, May 25- The U.S. Commerce Department, in a clamp-down on a glut of steel imports, on Wednesday issued final anti-dumping duties on corrosion-resistant flat steel from China, Taiwan, South Korea, India and Italy.

  • Tsai Ing-wen

    It would be hard for Beijing to threaten Taiwan with missiles without incurring serious damage to its own global reputation.

  • Trade data boosts Q2 GDP estimates

    CNBC's Steve Liesman gives a rapid update on second quarter GDP estimates.

  • Meg Whitman

    Donald Trump's trade policies would hurt American businesses and workers, the Republican HPE CEO says.

  • GENEVA, May 25- Leaving the European Union would cost British consumers 9 billion pounds in annual additional import tariffs, World Trade Organization chief Roberto Azevedo said in an interview published by the Financial Times on Wednesday. Britain's exports would be also burdened with 5.5 billion pounds of new tariffs in overseas markets, the paper said, and...

  • Pemex's shipments to Japan, China, India and South Korea rose to 214,000 barrels per day in April from 193,000 bpd in March, official figures show. Jorge Sanchez, director of Pemex's commercial arm, PMI Comercio Internacional, and Jose Manuel Carrera, director of new business and partnerships, said Pemex remained focused on maintaining exports to the United...

  • BRASILIA, May 24- Brazil recorded a surprise current account surplus of $412 million in April, its first in seven years, on the back of an improved trade surplus, the central bank said on Tuesday. Brazil's last monthly surplus was $124.8 million in April of 2009. Brazil attracted $6.8 billion in foreign direct investment in April, more than the $6.2 billion surplus...

  • *Obama prods China on South China Sea freedom of navigation. Obama announced on Monday that Washington was scrapping its embargo on the sale of lethal arms to Vietnam, clearing the biggest hurdle remaining between two countries that have been drawn together by concern over China's military build-up. Critics said that by removing the ban, a vestige of the...

  • *Iraq's exports running at record 3.9 mln bpd. Brent futures had declined 45 cents to $47.90 a barrel by 0845 GMT, after closing down 37 cents in the previous session. Iraq's oil output has reached 4.7 million barrels per day and exports are running at a record 3.9 million bpd, the state-run Iraqi Media Network reported on Tuesday, citing Deputy Oil Minister Fayadh...

  • President of Afghanistan Ashraf Ghani, Prime Minister of India Narendra Modi and President of Iran Hassan Rouhani shake hands after they signed Chabahar transit agreement in Tehran, Iran on May 23, 2016.

    India's also signed an agreement with Iran and Afghanistan to develop a transport and transit corridor between the three countries through Chabahar.

  • Trading Strategies

    The yen appears to be stuck at the moment, as markets have less confidence in the BOJ's policy, Wayne Gordon from UBS explains.