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  • WASHINGTON, Feb 12- U.S. import prices fell in January for a seventh straight month as the cost of petroleum products continued to decline and a strong dollar undercut prices for a range of goods, pointing to weak inflation in the near term. The Labor Department said on Friday import prices dropped 1.1 percent last month after a revised 1.1 percent decrease in...

  • BRUSSELS, Feb 12- European Union regulators opened three new anti-dumping investigations into Chinese steel products on Friday, responding to calls from European industry for protection from cheap imports that they blame for thousands of job losses in Europe. The EU executive also announced provisional anti-dumping duties on cold-rolled flat steel from...

  • TOKYO, Feb 12- Japan's leading indicator of capital spending probably rebounded only modestly in December and exports likely dropped in January at its fastest pace in almost five years, a Reuters poll showed, indicating the pace of recovery may be slower than expected. This would result in a trade deficit of 680.2 billion yen after a 140 billion yen surplus in...

  • *German GDP expanded by 0.3 pct q/q in Q4 2015. BERLIN, Feb 12- Germany posted steady economic growth in the final quarter of 2015, as higher state spending boosted by the refugee crisis and significantly more construction offset a drag from foreign trade, the Federal Statistics Office said on Friday. "Slow but steady was the retrospective motto for 2015," said VP...

  • Congress bans import of forced labor products Friday, 12 Feb 2016 | 1:29 AM ET

    A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85- year-old tariff law that has failed to keep products of forced and child labor out of America.

  • SINGAPORE, Feb 12- Chicago soybeans climbed to a one-week high on Friday, rising for a second session on support from strong demand for U.S. exports as the market eyes the return of Chinese buyers to make further purchases. Chicago Board Of Trade most-active soybeans are up 0.9 percent this week, partially recouping last week's 1.7 percent loss.

  • CHICAGO, Feb 11- U.S. soybean futures rose 1.3 percent on Thursday as the U.S. Agriculture Department's report of stronger-than-expected exports spurred a round of short-covering, traders said. "All things considered, we still have some demand," said Bill Gentry, a broker at Risk Management Commodities in Chicago. The USDA said on Thursday morning that weekly...

  • WASHINGTON, Feb 11- The U.S. Senate on Thursday passed legislation placing a permanent ban on states' taxing Internet access, sending the measure to President Barack Obama for signing into law. By a vote of 75-20, the Senate gave final approval to a bill toughening enforcement of U.S. duties on foreign goods, which contains the permanent extension of the "Internet...

  • GRAINS-Soybeans rise after USDA's bullish export report Thursday, 11 Feb 2016 | 11:55 AM ET

    CHICAGO, Feb 11- U.S. soybean futures rose 1.1 percent on Thursday as the U.S. Agriculture Department's report of stronger-than-expected exports spurred a round of short-covering, traders said. "All things considered, we still have some demand," said Bill Gentry, a broker at Risk Management Commodities in Chicago. At 10:35 a.m. CST Chicago Board of Trade March...

  • SYDNEY, Feb 11- U.S. corn fell for a seventh consecutive session on Thursday to linger near a one-month low as prices came under sustained pressure from ample global supplies and moves by Russia to ban U.S. imports. *USDA said on Tuesday that global wheat supplies would reach record levels this year due to falling consumption in China and India.

  • NEW DELHI, Feb 11- India, concerned at being sidelined from the U.S.-led Trans-Pacific Partnership, is stepping up efforts to reach agreement with an alternative trade bloc centred around China, and hopes to reach a deal this year. Prime Minister Narendra Modi has backed an export-focused' Make in India' drive as the path to prosperity for Asia's third-largest...

  • *Russia's Sechin floats idea of oil output cuts. NEW YORK, Feb 10- Oil prices seesawed in choppy trade on Wednesday, with U.S. crude slipping and Brent paring gains as worries about a global supply glut offset data showing a surprise drop in U.S. crude stockpiles. OPEC data pointed to a larger oil supply surplus on the world market this year than previously thought, as...

  • VIENNA, Feb 10- Austria's Voestalpine expects duties on cheap imports to take the pressure off Europe's steel industry this year following its worst downturn in about a decade. European steel companies are struggling to cope with sharp price falls and growing overcapacity as China and Russia are accused of exporting massive quantities at artificially low...

  • French wine and spirits exports hit all-time high Wednesday, 10 Feb 2016 | 8:02 AM ET

    *Strong sales in the United States, rebound in China. PARIS, Feb 10- The value of French wine and spirits exports reached an all-time high last year, mainly helped by a weak euro, strong demand for champagne and cognac and a recovery in the Chinese market, but producers warned there was a further drop in volumes. The increase put the sector back in second place in the...

  • Japan PM: I trust BOJ boss on negative rates Wednesday, 10 Feb 2016 | 1:02 AM ET
    Japanese Prime Minister Shinzo Abe.

    Shinzo Abe has defended the Bank of Japan's handling of monetary policy, after the central bank's surprise move on rates unsettled global markets.

  • WASHINGTON, Feb 9- U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to a drop in already weak demand for U.S. supplies on the export market, the government said on Tuesday. The U.S. Agriculture Department in its monthly supply and demand report also raised its soybean ending stocks outlook due to a slowdown...

  • WASHINGTON, Feb 9- U.S. corn and wheat ending stocks will be higher than previously expected at the end of the marketing year due to cuts to already weak demand for U.S. supplies on the export market, the government said on Tuesday. USDA pegged global wheat ending stocks for the 2015/ 16 crop year at 238.87 million tonnes, up from its January forecast of 232.04 million...

  • US wholesale inventories, sales fall in December Tuesday, 9 Feb 2016 | 10:01 AM ET
    An employee arranges flat screen television inventory at the ABT warehouse in Glenview, Illinois.

    U.S. wholesale inventories slipped in December for a third straight month as businesses continued to reduce unsold merchandise.

  • *Asia trade insurers wary over China, India metals firms. *Coming Up: Germany Industrial output Dec 0700 GMT. MELBOURNE, Feb 9- London copper drifted on Tuesday after worries over bank solvencies spilled over from global stock markets, and turnover was extremely low as traders waited for the return of top consumer China next week for fresh signals on demand.

  • LONDON, Feb 8- Members of troubled European industries including steel and aluminium will descend on Brussels in their thousands next Monday to protest against proposed measures to give China greater access to EU markets, and call for action on subsidised Chinese imports. Industrial sector representatives fear millions more jobs will be at risk if Brussels...