Oil slips on China data, Russian output; gasoline weighs too
Oil prices fell on Monday after soft Chinese factory data raised worries about energy demand in the No. 2 economy, while record high Russian crude output suggested little easing in the global supply glut.
Japan and China agree on moves to mend ties further
Japan and China agreed on Sunday to restart mutual visits of their foreign ministers and hold bilateral high-level economic dialogue early next year, a Japanese senior government spokesman said, as ties between Asia's two biggest economies warm.
Mexican state in deal with China for industrial park: sources
A major state-owned Chinese company has struck a preliminary deal to develop an industrial park in western Mexico that could be one of China's biggest-ever investments in Latin America's second largest economy, Mexican officials said.
EU to give more budget leeway to states facing extra refugee costs
The European Commission, which polices euro zone governments' finances, will give more budget leeway to states that can prove to have suffered extraordinary costs to face the refugee crisis, Commission President Jean-Claude Juncker said on Tuesday.
Russian food trade officials seek EU help on fraud
Senior Russian customs officials met counterparts from the European Commission on Monday in what they said were the highest-level talks for over a year on issues where relations are soured by trade sanctions.
Merkel says wants good economic ties with Ukraine and Russia
German Chancellor Angela Merkel said a European Union free trade agreement with Ukraine is not directed against Russia and that Berlin wants good economic ties with both Ukraine and Russia.
Japan, Turkmenistan sign deals worth over $18 bln in chemicals, energy
Japan and Turkmenistan on Friday signed deals worth over $18 billion on a package of projects in the energy-rich central Asian nation, which has become an important supplier of natural gas to China.
IBM, China data weigh on shares; U.S. yields rise
U.S. Treasury yields rose on Tuesday on signs of improvement in the U.S. housing market, while Wall Street was mostly lower as IBM (IBM.N) shares dropped on weak results.
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