Trade News

Washington - The US Treasury said Tuesday that China cannot be ruled a manipulator of its currency despite the yuan's sharp slide since January.

Geneva - Attempts by tobacco-producing nations to sink a landmark law in Australia requiring plain packaging for cigarettes and cigars gained pace Tuesday as Cuba and the Dominican Republic stepped up their fight at the World Trade Organization.

Moscow - Moscow and Beijing plan to wrap up a decade of talks on supplies of Russian natural gas before President Vladimir Putin's expected to travel to China next month, a deputy prime minister said on Monday.

Geneva - Global commerce is set to grow by 4.7 percent this year, the World Trade Organization said on Monday, with recovery in rich economies expected to mitigate risks in developing nations.The WTO previously had forecast that trade would expand by 4.

Tokyo - Intensive talks between Japan and the United States aimed at breaking the deadlock over a huge pan-Pacific trade deal ended Thursday without agreement, as hopes faded of progress before Barack Obama arrives in Tokyo this month.

Mexico - Mexico's booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second biggest car exporter to the United States in the past three months.

Beijing - China's trade volumes fell dramatically in March, official data showed Thursday, despite the country returning to a trade surplus after recording a rare deficit the month before. Imports slumped 11.3 percent year-on-year to $162.

Mexico - Mexico's booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second biggest car exporter to the United States in the past three months.

Paris - France named dynamic former junior minister Fleur Pellerin to its top foreign trade post on Wednesday as it continues efforts to cut its huge trade deficit.

London - Britain's exports of goods sank in February to the lowest level for more than three years, hit by weaker sales to EU countries, official data showed on Wednesday.