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South and Southeast Asia

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  • *Investors hope for eventual deal on Greece. *China share market losses raise concerns for Asia. Japan's Nikkei rose 1.2 percent while MSCI's broadest index of Asia-Pacific shares outside Japan, which fell to six-month low on Monday, was up 0.2 percent.

  • SINGAPORE, July 7- Crude oil prices stabilized on Tuesday morning after posting one of their biggest selloffs this year the previous day over Greece's rejection of debt bailout terms and China's stock market woes. Front-month U.S. crude futures were trading at $52.91 per barrel at 0011 GMT, up 38 cents from their last settlement. "Crude oil prices hit a two month...

  • SINGAPORE, July 7- Crude oil prices stabilized on Tuesday morning after posting one of their biggest selloffs this year the previous day over Greece's rejection of debt bailout terms and China's stock market woes. Front-month U.S. crude futures were trading at $52.91 per barrel at 0011 GMT, up 38 cents from their last settlement. "Crude oil prices hit a two month...

  • NEW YORK, July 6- Oil prices suffered their biggest selloff in five months on Monday, falling as much as 8 percent as Greece's rejection of debt bailout terms and China's stock market woes set off a deepening spiral of losses. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which could bring more supply to the...

  • VIENNA, July 6- Iran's elite Revolutionary Guards have done very well out of international sanctions-- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still. The Revolutionary Guards Corps, created by Ayatollah Ruhollah Khomeini during Iran's 1979 Islamic Revolution, is more than just a...

  • NEW YORK, July 6- Oil prices tumbled their most in three months on Monday, with U.S. crude falling 6 percent, after Greece's rejection of debt bailout terms and China's rolling out of emergency measures to support its stock markets shook global markets. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal, which...

  • BANGKOK— Thai customs officials said Monday they seized 250 kilograms of ivory— or about 130 tusks and pieces— hidden in crates being shipped from Africa to Asia. The haul was headed from Congo to Laos and transited through several countries in between, said the deputy director-general of Thailand's Customs Department, Chamroen Photiyod.

  • NEW YORK, July 6- Oil prices tumbled their most in three months on Monday, with U.S. crude falling 5 percent, after Greece's rejection of debt bailout terms and China's rolling out of emergency measures to support its stock markets shook global markets. Adding to the pressure on oil markets, Iran and global powers were trying to meet a July 7 deadline on a nuclear deal,...

  • NEW YORK- Aetna Inc Chief Executive Officer Mark Bertolini says he is confident that an antitrust review of its proposed purchase of Humana Inc will allow the deal to close in the second half of 2016, seeking to allay investor concerns of significant regulatory hurdles. ATHENS/ FRANKFURT- Greece's outspoken finance minister resigns, removing a major obstacle...

  • *Russia to host BRICS summit in city of Ufa. *Putin sees chance to show Russia not isolated. At a meeting in the remote Russian city of Ufa, originally a fortress built on the orders of Tsar Ivan the Terrible, Brazil, Russia, India, China and South Africa also aim to put the last touches to a $100- billion contingency currency reserves pool.

  • *China bounces on Beijing support, Hong Kong hammered. LONDON, July 6- Emerging market stocks flirted with their biggest fall in two years on Monday as fears that Greece could be heading back to the drachma reached fever pitch, China remained volatile and Fed minutes this week kept U.S. rate jitters simmering. Most of the damage, however, had been done in Asia where...

  • MANILA, Philippines— China is standing pat on its decision to reject arbitration by an international tribunal that will begin formal hearings this week to resolve a long-seething feud between Beijing and Manila over the South China Sea, the Chinese ambassador to Manila said Monday. The five-member tribunal starts hearings in The Hague on Tuesday to address...

  • Kerry warns Iran: 'This deal can go either way' Sunday, 5 Jul 2015 | 4:49 PM ET
    Secretary of State John Kerry (L) speaks with Russian President Vladimir Putin before a bilateral meeting at the presidential residence of Bocharov Ruchey in Sochi, Russia May 12, 2015.

    Secretary of State John Kerry warned Iran that hard choices were needed to seal a nuclear accord, and that the U.S. was prepared to walk away.

  • *Once-biggest exporter to Iran overtaken by China, Korea. FRANKFURT/ BERLIN, July 5- Martin Herrenknecht, founder of a company in southern Germany that is a world leader in tunnel-boring equipment, has been carefully preparing for the day when Iran reopens for business. It has maintained an office there, anticipating a day when Iran reaches a nuclear deal with...

  • *Opposition says Malaysia facing unprecedented political crisis. KUALA LUMPUR, July 5- Two of Malaysia's main opposition parties on Sunday demanded an emergency sitting of parliament to discuss Prime Minister Najib Razak's future as tensions mounted over a report that linked him to probes into alleged corruption involving state fund 1 MDB.

  • WASHINGTON— After July Fourth fireworks and parades, members of Congress return to work Tuesday facing a daunting summer workload and a pending deadline to fund the government or risk a shutdown in the fall. Republicans are eager to avoid another Capitol Hill mess as they struggle to hang onto control of Congress and try to take back the White House next year.

  • VIENNA— Nine days into marathon nuclear talks, U.S. World powers and Iran are hoping to clinch a deal by Tuesday, setting a decade of restrictions on Iran's nuclear program and granting Iran significant relief from international sanctions. Kerry met for 3 ½ hours on Sunday with Iranian Foreign Minister Mohammad Javad Zarif, as top diplomats from the five other...

  • KUALA LUMPUR, Malaysia— Malaysian Prime Minister Najib Razak is facing the risk of criminal charges over allegations that hundreds of millions of dollars were funneled from an indebted state fund to his personal bank accounts, the first time a Malaysian leader has faced criminal allegations. The existence of the documents was first reported by the Asian Wall...

  • VIENNA— World powers and Iran have drawn up a draft document on the pace and timing of sanctions relief for the Islamic republic in exchange for curbs on Iran's nuclear program, advancing on one of the most contentious issues at their negotiations, diplomats told The Associated Press on Saturday. Officials had described sanctions relief as one of the thorniest...

  • DUBAI, July 4- Iran's oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a major untapped market. "The oil minister will soon lay out the new model for Iran's international oil contracts to the council of ministers,"...