GO
Loading...

South and Southeast Asia

More

  • SAN FRANCISCO, Jan 30- Ride service Uber, which is trying to enhance its image after several controversies, on Friday released the findings of a report on its handling of passenger data and said it would act on all the report's recommendations for improvements. Management at the San Francisco- based company, which announced the report's findings in a blog post,...

  • Myanmar opens deep sea port for Chinese oil pipeline Friday, 30 Jan 2015 | 7:03 AM ET

    YANGON, Myanmar— Myanmar has officially opened a deep sea port off its western coast, part of a $2.45 billion port and pipeline project that will carry crude oil from the Middle East to China. CNOC said in a statement on its website that a recently completed pipeline from Kyaukphyu district in Myanmar's Rakhine state to China's Yunnan province will be able to...

  • BENGALURU, Jan 30- The Reserve Bank of India, having cut interest rates on Jan. 15, is likely to keep them steady at a policy review next week, according to economists in a Reuters poll who said future moves could depend on the government's annual budget in late February. RBI Governor Raghuram Rajan, who is mandated to set policy independently, signalled after an...

  • BEIJING— About 100 Chinese families of passengers on the missing Malaysian airliner demanded Friday that Malaysian officials retract their statement that all aboard died, saying that without hard evidence they don't want to start compensation claims. Malaysia's government formally declared still-missing Malaysia Airlines Flight 370 an accident on...

  • *Dec private consumption -0.7 pct m/m, investment +0.1 pct- c.bank. *Dec current account surplus a record high $5.52 bln. BANGKOK, Jan 30- Thailand's private consumption contracted in December and investment stalled, the latest evidence that the country's growth engines remain shaky and the economy is not back on track.

  • *Average price seen at 2,400 ringgit vs 2,384 ringgit in 2014. *Expected to rise to 2,525 ringgit/ T in 2016. But the poll generated forecasts ranging from 2,000 ringgit to 2,650 ringgit, indicating mixed views on the outlook for the global economy and over the impact of bad weather on harvests in top growers Malaysia and Indonesia.

  • *Asia buyers raise Iran imports to 1.12 mln bpd in 2014. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- averaged 1.12 million barrels per day in 2014, government and tanker-tracking data showed, the highest since the region took more than 1.5 million bpd in 2011. Soaring imports last year by China and India after the partial easing of...

  • India woman sues Uber after reporting driver raped her Thursday, 29 Jan 2015 | 5:18 PM ET

    SAN FRANCISCO— A woman who says an Uber driver raped her in New Dehli, India, on Thursday accused the company in a lawsuit filed in U.S. court of failing to properly investigate the alleged assailant's background. The alleged rape last month prompted widespread protests in India against sexual violence and led to demands there for more effort to ensure women's...

  • SAN FRANCISCO, Jan 29- A passenger who said she had been raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures. India is Uber's largest market outside the United States by the number of cities covered, and the country's radio taxi market is estimated...

  • SAN FRANCISCO, Jan 29- A passenger allegedly raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures. India is Uber's largest market outside the United States by number of cities covered, and the country's radio taxi market is estimated to be worth $6...

  • Senate panel approves Iran sanctions bill Thursday, 29 Jan 2015 | 11:18 AM ET

    WASHINGTON— A bill that would levy tough new sanctions on Iran if it fails to sign an agreement to curb its nuclear program cleared a Senate committee on Thursday. Republican and Democratic members of the Senate Banking, Housing and Urban Affairs Committee voted 18-4 to pass the bill aimed at ramping up economic pressure on Iran starting in July if it doesn't ink...

  • JetBlue Airways profit beats on cheaper fuel Thursday, 29 Jan 2015 | 10:42 AM ET
    Customers check in at the JetBlue counter at John F. Kennedy Airport

    JetBlue Airways reported a better-than-expected quarterly profit as it benefitted from lower fuel prices and flew more passengers.

  • Jan 29- JetBlue Airways Corp reported a better-than-expected quarterly profit as it benefitted from lower fuel prices and flew more passengers. JetBlue, whose shares were up 4.6 percent in premarket trading, said average fuel cost per gallon fell to $2.70 in the fourth quarter ended Dec. 31 from $3.10 a year earlier. JetBlue's net profit increased to $88 million,...

  • Thai junta blocks discussion of media censorship Thursday, 29 Jan 2015 | 7:49 AM ET

    BANGKOK— Thailand's junta has forced a German foundation to cancel a prominent forum on media restrictions imposed since the military toppled an elected government last May. Germany's Friedrich-Ebert-Stiftung, a foundation promoting social democracy worldwide, said on its Facebook page that it would comply with a request from the junta to postpone...

  • JetBlue Airways profit rises 87 pct Thursday, 29 Jan 2015 | 7:44 AM ET

    Jan 29- JetBlue Airways reported an 87 percent rise in quarterly profit as it flew more passengers and benefitted from lower fuel prices. Average fuel cost per gallon fell to $2.70 from $3.10 a year earlier. Net profit increased to $88 million, or 26 cents per share, from $47 million, or 14 cents per share.

  • NEW DELHI, Jan 29- Indian state-run utility NTPC has restricted the building of three new solar power projects to domestic manufacturers, even as India pushes for overseas companies to lead fresh investments into a renewable energy drive. Modi wants foreign companies to lead $100 billion of fresh investment to raise India's solar energy capacity 33 times to...

  • NEW DELHI, Jan 29- New Delhi's transport department has written to U.S. taxi hailing company Uber Technologies Inc detailing problems with its application for a license in the city, further complicating the firm's ability to operate in India's capital. Uber's services have been banned since December in New Delhi, when one of its drivers was accused of raping a...

  • Civil aviation chief Azharuddin Abdul Rahman said the hunt for the Malaysia Airlines jet, which disappeared March 8, 2014, while flying from Kuala Lumpur to Beijing with 239 people, "remains a priority." The plane is believed to have crashed in the southern Indian Ocean, off the coast of western Australia. Malaysian Transport Minister Liow Tiong Lai said the...

  • BANGKOK, Jan 29- Thailand's finance ministry again trimmed its growth forecasts for this year and the last on Thursday, when fresh factory output data provided more evidence that the economy remains wobbly. For 2014, whose full-year GDP growth rate will be announced on Feb. 16, the ministry reduced its projection to just 0.7 percent, from 1 percent in December.

  • JAKARTA, Indonesia— Indonesian investigators announced Thursday the co-pilot of the crashed AirAsia jet was in controls when he struggled to recover the aircraft as stall warnings sounded. The Airbus A320-200 crashed into the Java Sea Dec. 28, halfway from Indonesia's city of Surabaya to Singapore. All 162 people on board were killed.