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By Mark Felsenthal and Linda Sieg TOKYO (Reuters) - U.S. President Barack Obama assured ally Japan on Thursday that Washington was committed to its defendefensece, including of tiny isles at the heart of a row with China, but denied he had drawn any new "red line" and urged peaceful dialogue over the islands. Obama also urged Japan to take "bold steps" to clinch a two-way trade pact seen as crucial to a broad regional agreement that is a central part of the U.S. leader's "pivot" of military, diplomatic and economic resources towards Asia and the Pacific. U.S. and Japanese trade negotiators failed to resolve differences in time for Obama and Prime Minister Shinzo Abe to shake hands on a deal at the summit, but the two leaders reported progress and ordered their teams to keep working.More...