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  • LONDON, Aug 14- Copper steadied on Friday as investor concerns over weak summer demand were offset by relief that China's central bank had stopped guiding the yuan lower, returning some buying power to Chinese importers of the metal. A weaker yuan makes imports for China, the world's top metals consumer, more expensive. It hit a six-year trough of $5,062 a tonne...

  • PARIS, Aug 14- The French economy came to an unexpected standstill in the three months to June after a strong first quarter, as a jump in exports was not strong enough to offset the impact of weak consumer spending and changes in inventories. "Today's 0.0 percent figure is therefore a rather bad surprise, dampening hopes of significantly above 1.0 percent GDP...

  • METALS-Copper steadies as China currency halts slide Friday, 14 Aug 2015 | 3:30 AM ET

    *Copper steadies after easing in early trade. SYDNEY Aug 14- Copper was little changed on Friday as China appeared to halt a a slide in its currency which left copper imports by the world's biggest consumer more expensive and unsettled markets. "Just how much of an impact the weaker yuan is going to have on copper demand going into China is still yet to be seen," a metals...

  • BERLIN, Aug 14- German economic growth accelerated in the second quarter of 2015 but by less than expected, with foreign trade acting as a support and domestic investment braking growth, the Federal Statistics Office said on Friday. Business confidence improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third...

  • TOKYO, Aug 14- Japan's environment minister will submit to the country's industrial ministry an objection over plans for a 1.07 gigawatt coal-fired plant to be built by Chubu Electric Power Co, NHK public TV said on Friday. Japan's Ministry of Economy, Trade and Industry has been promoting the use of coal to cut costs relative to imports of expensive liquefied...

  • Shoemaker Alpargatas SA, cosmetics firm Natura SA and tobacco producer Souza Cruz SA all relied on surging revenue abroad last quarter to offset flat or slipping Brazilian sales. Their success bolsters hopes that Brazil can diversify beyond the raw materials that now dominate exports, restoring manufacturing competitiveness and opening one of the...

  • LONDON, Aug 13- China's devaluation of the yuan may hit already oversupplied world commodity markets, as the surprise move increases the chances that the world's biggest coal importer will become a net exporter. China was one of the world's largest thermal coal exporters until around 2004 when rocketing demand at home helped drive the need for imports.

  • WASHINGTON, Aug 13- U.S. import prices in July posted their biggest decline in six months as the cost of petroleum products and other goods fell, suggesting inflation could remain tame for a while. The Labor Department said on Thursday import prices dropped 0.9 percent last month, the largest fall since January, after being unchanged in June.

  • PayPal: Yuan devaluation is a boon Wednesday, 12 Aug 2015 | 11:46 PM ET
    PayPal: Yuan devaluation is a boon

    Rohan Mahadevan, senior vice president, APACat PayPal, says the sharp depreciation in the yuan makes Chinese goods cheaper for customers overseas.

  • LAUNCESTON, Australia, Aug 13- The sudden depreciation of the yuan will have flow-on effects in commodity markets, but reducing China's demand for imports is unlikely to be one of them. The depreciation was more steep in international markets, where the yuan lost about 4.8 percent of its value as investors feared China was starting a sustained depreciation,...

  • TOKYO, Aug 13- Japan's core machinery orders tumbled the most in over a year, adding to fears of an economic contraction in the second quarter as exports slumped and consumer spending slackened. The 7.9 percent fall in the key gauge of capital spending followed a recent run of soft indicators- including exports and factory output- which led analysts to forecast a...

  • Will weaker yuan hurt California exports to China? Wednesday, 12 Aug 2015 | 8:38 PM ET
    Will weaker yuan hurt California exports to China?

    Jeffrey Williamson, director of California State Trade and Exports, says the devaluation of the yuan will likely have little impact on Californian exports, which are already reeling from a weaker euro.

  • United Steelworkers union president Leo Gerard said: " Washington has been asleep at the switch in dealing with China" and called for action against " China's predatory practices" before more U.S. jobs were lost. That state's Republican and Democratic senators both criticized China's devaluation and linked it to the Trans Pacific Partnership trade talks, even...

  • JAKARTA, Aug 12- Thomas Lembong has mingled for years with bankers and private equity executives, but on Wednesday swapped that to take up the post of Indonesia's trade minister, an appointment designed to shore up investor faith in Southeast Asia's largest economy. Now in his early 40 s, Lembong worked at Deutsche Bank and Morgan Stanley before co-founding...

  • Russia’s burning Dutch flowers in sanctions war Wednesday, 12 Aug 2015 | 9:24 AM ET
    Tulip bulbs in crates ready to be exported

    After bulldozing a mountain of imported cheese from the West, Russian authorities have now turned to burning flowers from the Netherlands.

  • Germany exported more goods in Q2 than Q1- economy ministry. BERLIN, Aug 12- Germany's economic output probably increased between April and June as foreign trade became a second pillar of support for Europe's largest economy alongside strong private consumption, the economy ministry said on Wednesday. "Overall, German economic activity probably increased...

  • Beware of more downside risks for the yuan: Pro Wednesday, 12 Aug 2015 | 12:34 AM ET
    Beware of more downside risks for the yuan: Pro

    Grace Ng, economist, Greater China at JP Morgan, outlines the factors that will put pressure on the Chinese yuan in the near term.

  • JAKARTA, Aug 12- Freeport-McMoRan has stopped exporting since last month from one of the world's largest copper mines that it runs in Indonesia, a spokesman said on Wednesday, as the U.S. miner awaits approval from the trade ministry. Riza Pratama, a spokesman for the company's Indonesia unit, confirmed in a text message to Reuters that exports had stopped since "...

  • JAKARTA, Aug 12- Freeport-McMoRan has stopped exporting since last month from one of the world's largest copper mines that it runs in Indonesia, a spokesman said on Wednesday, as the U.S. miner awaits approval from the trade ministry. Riza Pratama, a spokesman for the company's Indonesia unit, confirmed in a text message to Reuters that exports had stopped since "...

  • BOJ frets China's slowdown may hurt exports: Minutes Tuesday, 11 Aug 2015 | 8:23 PM ET

    Bank of Japan policymakers warned that the country's exports may be hit if China's economy slowed further, minutes of its July meeting showed.