Bank of Canada takes aim at Dodd-Frank on bank failures

WINDSOR, Ontario (Reuters) - The Bank of Canada, frustrated by unilateral U.S. moves which regulate Canadian banks with U.S. subsidiaries, called on Thursday for the two countries to work out a bilateral agreement to clarify responsibilities in winding up failed banks.

US concerned China behind cyberattack on US sites

WASHINGTON (AP) -- The United States voiced concern Friday over a report that China manipulated international Internet traffic intended for a major Chinese Web service company and used it for a cyberattack on U.S. sites.

Obama to visit India in January: White House

Washington (AFP) - US President Barack Obama will travel to India in January for its Republic Day celebrations, and talks with Prime Minister Narendra Modi, the White House said Friday.

US official urges Vietnam to improve human rights

HANOI, Vietnam (AP) — A U.S. official said Sunday that while Vietnam has made progress on human rights, it must do more if it is to forge closer economic and security ties with the United States.

US and EU 'make progress' in free trade area talks

Officials from the United States and the European Union say they have made progress as they seek to sweep away trade barriers. Teams from the two sides have held a week of discussions in Chevy Chase, Maryland.

China says over 150 'economic fugitives' at large in the U.S

BEIJING (Reuters) - More than 150 economic fugitives, many of whom are corrupt officials or suspected of graft in China, are at large in the United States, Chinese state media said on Monday, citing a senior official from the public security ministry.

US claims win in car trade dispute with China

GENEVA (AP) — The United States claimed victory in a trade dispute Friday after a key panel ruled that China's anti-dumping duties on imports of American-made cars and sport-utility vehicles violate international trade rules.

Japan PM Abe says achieved 'historic' success with Obama

"It was a historic statement for Japan and the United States," Abe told reporters shortly after Obama finished the first state visit to Japan by a U.S. president in 18 years.

Kerry hails Morocco reforms, regional security efforts

Rabat (AFP) - Secretary of State John Kerry on Friday pledged US support for Moroccan reforms and efforts to promote regional stability, while also highlighting the social challenges faced by Rabat.

Japan February exports seen accelerating; trade gap to narrow

(Reuters) - Japan's export growth is forecast to have accelerated in February as shipments recovered from a Lunar New Year slowdown, which along with slower import growth is expected see the trade deficit narrow from record levels, a Reuters poll shows.

At World Economic Forum, Kerry defends focus on Israeli security

DAVOS, Switzerland — Israel cannot make peace with the Palestinians so long as it fears that a free Palestine next door would be a base for terrorism or attacks on Israel, Secretary of State John F. Kerry said Friday, explaining why Israeli security concerns figure so prominently in his effort to forge a peace deal.

EU lawmakers seek to block U.S. financial spying

(Reuters) - The European Parliament called on Wednesday for U.S. access to a global financial database in Belgium to be suspended due to concerns that the United States is snooping on the European Union, not just combating terrorism.

Biden's Mexico Trip To Focus On Economy, May Touch On NSA Spying And DEA Killer

While economic issues between the countries will be the centerpiece of the public meeting Friday between Vice President Joe Biden and Mexican leader Enrique Peña Nieto, analysts say that backroom discussion could shift to security issues, the release in Mexico of a convicted DEA killer and allegations of National Security Agency spying.

As advanced economies grow, emerging ones struggle: OECD

PARIS: The Organisation for Economic Cooperation and Development says that advanced economies are staging a comeback but a slowdown in emerging countries will keep global growth low this year.

Is too much welfare preventing initiative in US?

America was once the land of Lady Liberty, beckoning the world: "Give me your tired, your poor, your huddled masses yearning to breathe free, the wretched refuse of your teeming shore.

US urges EU action to overcome Iran sanctions court appeals

BRUSSELS: The United States is concerned Iranian appeals to European courts could loosen sanctions against Tehran, said a State Department official on Monday who urged the EU to urgently find a way to allow judges to examine secret intelligence evidence.

Afghan court sentences Kabul Bank execs to 5 years

KABUL, Afghanistan (AP) — An Afghan tribunal sentenced two top executives to five years in prison Tuesday for misappropriating hundreds of millions of dollars from the nation's largest bank in a scandal that caused it to fail and threatened the country's fragile economy.

China asks US to lift sanctions against defence firm

BEIJING: The US today imposed sanctions on a Chinese defence firm, prompting a strong reaction from China which sought immediate lifting of the punitive action.

Clinton says budget deal critical to U.S. global role, security

SINGAPORE (Reuters) - U.S. Secretary of State Hillary Clinton said on Saturday that reaching a deal to resolve America's budget crisis is critical to its global leadership and national security and would bolster efforts to project U.S. economic power around the world.

U.S. and European Union Agree on Air Cargo Security

The United States and the European Union were expected Friday to announce an agreement to recognize each other’s air cargo security procedures, putting an end to a costly duplication of security controls on the more than $130 billion in airfreight that crosses the Atlantic from Europe each year.