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  • South Africa aims to lift coal exports to India Friday, 5 Feb 2016 | 9:45 AM ET

    *South Africa looks to India to maintain record exports. CAPE TOWN, Feb 5- South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal last year, industry officials said on Friday, as a drop in exports from rival Indonesia opens up the chance to grab market share. A drop in Indonesian exports to India, which imported around...

  • OTTAWA, Feb 5- Canada lost 5,700 jobs in January and the unemployment rate edged up to a two-year high of 7.2 percent, in part because of further job losses in the. oil-producing province of Alberta, underlining the economy's. Statistics Canada said on Friday that in the year to January, employment increased by an anemic 125,500 jobs, or 0.7 percent.

  • OTTAWA, Feb 5- Canada's trade deficit unexpectedly shrank to C $585 million in December from C $1.59 billion in November as exports jumped by a healthy 3.9 percent, Statistics Canada data indicated on Friday. Exports to the United States, which accounted for 74.8 percent of Canada's global total in December, grew 2.9 percent while imports grew 1.3 percent.

  • US trade deficit widens as exports fall Friday, 5 Feb 2016 | 8:34 AM ET
    A container ship sits docked in a berth at the Port of Oakland.

    The U.S. trade deficit widened in December as a strong dollar and weak global demand continued to weigh on exports.

  • WASHINGTON— The U.S. trade deficit rose in December as American exports fell for a third straight month, reflecting the pressures of a stronger dollar and spreading global weakness. The December deficit increased 2.7 percent to $43.4 billion, the Commerce Department reported Friday. For all of 2015, the deficit rose 4.6 percent to $531.5 billion.

  • WASHINGTON— US trade deficit up in 2015; exports drop for first time since recession amid strong dollar, global weakness.

  • U.S. trade deficit widens as exports fall Friday, 5 Feb 2016 | 8:31 AM ET

    WASHINGTON, Feb 5- The U.S. trade deficit widened in December as a strong dollar and weak global demand continued to weigh on exports. The Commerce Department said on Friday the trade gap rose 2.7 percent to $43.4 billion. November's trade deficit was revised down to $42.2 billion from the previously reported $42.4 billion.

  • *March wheat in Paris falls to contract low. LONDON, Feb 5- Wheat futures in both Chicago and Paris were lower on Friday, weighed down by the slow pace of exports while corn was little changed and soybeans edged up. March wheat on the Chicago Board of Trade was off 0.3 percent at $4.71-1/ 2 a bushel at 1152 GMT.

  • Ahead of the Bell: US trade gap Friday, 5 Feb 2016 | 7:12 AM ET

    WASHINGTON— The Commerce Department reports on the U.S. trade gap for December at 8:30 a.m. Eastern Friday. WIDER GAP: Economists believe that the deficit widened slightly to $43.2 billion in December, according to a survey done by the data firm FactSet. FALLING EXPORTS: In November, the deficit fell 5 percent to $42.4 billion, the lowest in nine months.

  • BRUSSELS, Feb 5- ArcelorMittal, the world's largest steelmaker, launched plans on Friday for a $3 billion share issue to help reduce debt and cut costs, having been hit by a plunge in steel prices which it blamed on a surge in cheap exports from China. The company, twice the size of its nearest rival, reported that its core profit dropped by 32 percent last year to $5.2...

  • *Jan exports seen at -1.9 pct y/y vs Dec's -1.4 pct. BEIJING, Feb 5- China's January exports may have fallen for a seventh month with factories still battling falling prices, but an expected jump in bank lending may underscore the government's bid to put a floor under the slowing economy. That may produce a trade surplus of $58.85 billion for January, compared with a...

  • BRUSSELS, Feb 5- The European Union's top trade official has urged China to take measures to curb overcapacity of its steel industry and warned it that it will open three new anti-dumping investigations this month on steel imports from China. The call comes as the European Union begins a debate into whether to relax trade defences against China as Beijing...

  • SINGAPORE/ BEIJING, Feb 5- Newly licensed Chinese oil importers are taking advantage of low crude prices and healthy domestic product margins, snapping up hundreds of thousands of barrels a day of a global surplus but also adding to China's swelling fuel exports. Armed with quotas that could make up a fifth of total Chinese crude imports this year, the...

  • JAKARTA, Feb 5- Indonesia's economy picked up speed in the fourth quarter but full-year growth was still the slowest since the global financial crisis as weak consumption, investment and exports took a toll on output. Southeast Asia's largest economy grew 4.79 percent in 2015, underpinned by public spending, data from the statistics bureau showed on Friday.

  • JAKARTA, Feb 5- Indonesia's economy grew 5.04 percent from a year earlier in the final quarter of 2015, faster than market expectation, as government spending countered weak exports and consumption. The growth pace in October-December was also faster than in the third quarter, which the statistics bureau revised slightly up to 4.74 percent.

  • SINGAPORE, Feb 5- Chicago wheat ticked higher on Friday on bargain-buying, but remained on track for its biggest weekly decline since late December as U.S. shipments struggle to find buyers. Soybeans rose, snapping two sessions of decline, although prices were capped by forecasts of improved weather conditions in Argentina. *Corn and soybean futures have felt...

  • WASHINGTON, Feb 4- Republican U.S. Senator Rob Portman on Thursday said he opposes the Trans-Pacific Partnership trade deal in its present form, dealing a significant blow to the pact a day after officials from 12 countries signed it. While approval of the trade pact is a top priority of President Barack Obama this year, his final year in office, it faces stiff...

  • BRASILIA/ SAO PAULO, Feb 4- Brazil's trade minister called for unrestricted auto trade with Mexico and Argentina on Thursday, after data showed the local automotive sector had its worst January in a dozen years. In a brief interview with Reuters, Trade Minister Armando Monteiro said he would propose free trade in vehicles and auto parts when he travels next week...

  • LONDON, Feb 4- Iran on Thursday called on the United States to make a clear public pledge that it would not penalise European banks for legitimate trade with the Islamic Republic. "Rebuilding the confidence of the banks that the United States will not re-intervene in their relations with Iran may require some further assurance from the United States," Zarif said...

  • *Iran says it supports meeting between OPEC, other producers. NEW YORK, Feb 4- Oil prices were volatile on Thursday, reversing earlier gains as scepticism that cash-strapped OPEC member Venezuela's effort to lobby crude producers for output cuts would succeed offset a weakening dollar. Venezuelan Oil Minister Eulogio del Pino said he had a "good and productive"...