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06 Oct 2015 03:47

Trans-Pacific trade deal faces test in US Congress

US lawmakers cautiously welcomed a massive free trade deal sealed by 12 Pacific rim countries on Monday, but the accord faces intense scrutiny in Congress which will vote on its ratification in 2016.

  • 06 Oct 2015 02:55

    Trans-Pacific Partnership: What's in the deal?

    The 12-country Pacific Trade Partnership, agreed in Atlanta on Monday, is a broad agreement to lower trade barriers and increase investment protections in a region comprising 40 per cent of the global economy.

  • 06 Oct 2015 06:24

    Canada PM Harper welcomes TPP access to Japan market

    Canadian Prime Minister Stephen Harper on Monday praised a "historic" accord creating the world's largest free trade area, saying access to Japan would be a boon for Canadian farmers and resource sectors.

  • 06 Oct 2015 05:03

    New Zealand PM hails TPP, despite dairy disappoinment

    New Zealand Prime Minister John Key expressed frustration on Tuesday that a massive newly-sealed free trade deal failed to deliver more benefits to the country's crucial dairy industry, but said the agreement would nevertheless boost the economy.

  • 06 Oct 2015 04:45

    US stocks end higher on shifting Fed Reserve expectations

    US stocks powered higher on Monday, joining European equities in rallying on confidence that the Federal Reserve will delay hiking interest rates in light of some poor economic data.

  • 06 Oct 2015 04:24

    Oil prices follow stock markets higher

    Oil prices rallied on Monday, following equity markets higher and still finding support from a drop in US drilling activity that could ease the global oversupply.

  • 06 Oct 2015 05:52

    Dollar edges up after early weakness

    The dollar edged up against the euro and other major currencies on Monday even as analysts predicted the greenback would be pressured by last week's dismal US jobs report.

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