South and Southeast Asia
featured
Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place.
» Read More
More
-
*Developing countries say not enough to unlock deal in Doha. DOHA, Dec 6- European Union promises of rising aid to help developing countries tackle climate change on Thursday failed to ease a stand-off at U.N. talks in Doha that green groups said were on the brink of disaster.
-
*ArcelorMittal withdraws French site bid for EU-funded project. PARIS, Dec 6- A politically charged deal between the French government and ArcelorMittal to preserve jobs at an ailing steelworks looked at risk of unravelling on Thursday after the global steel giant ditched a bid to run an EU-funded project there.
-
*Worries over Egypt and Iran stoke supply concerns. LONDON, Dec 6- Brent crude oil held its ground around $109 a barrel on Thursday as rising tensions in Egypt stoked supply fears, offsetting concerns over the demand outlook. "Alongside Egypt, Syria, Gaza and Iran all remain latent trouble spots, thus justifying a risk premium on the oil price."
-
TOKYO, Dec 6- Iran's crude exports are set to drop by about a quarter in December from the preceding month to the lowest level since tough sanctions were applied this year, shipping sources said, as the OPEC- member comes under pressure to curb its nuclear programme.
-
*Vessels appear to mask other ships' voyages to Syria, Libya. LONDON/ DUBAI, Dec 6- Iranian oil tankers are sending incorrect satellite signals that confuse global tracking systems and appear to conceal voyages made by other ships to Syria, which, like Iran, is subject to international sanctions.
-
LONDON, Dec 6- Gold prices steadied above $1,690 an ounce on Thursday, as buyers took to the sidelines ahead of a European Central Bank policy announcement, and on uncertainty over negotiations to avert a U.S. fiscal crisis.
-
"Our party will vote in favour of the government tomorrow," the Bahujan Samaj Party leader, Mayawati, said during a debate on a policy that would bring global chains such as Wal-Mart Stores Inc to India's $450 billion retail sector.
-
HONG KONG/ LONDON, Dec 6- Standard Chartered expects to pay $330 million to settle a case with U.S. regulators for breaking sanctions on Iran, the Asian-focused bank said on Thursday, a second such penalty which could almost wipe out its profit growth this year.
-
TOKYO, Dec 6- Iran's crude exports are set to drop by about a quarter in December from the preceding month to the lowest since tough sanctions were applied this year, shipping sources said, as the OPEC- member comes under pressure to curb its nuclear programme.
-
Aerospace and defense group Rolls-Royce said it was in talks with Britain's Serious Fraud Office over potential corruption involving its intermediaries overseas.
-
*Egypt and Iran worries fuel supply concerns. LONDON, Dec 6- Brent crude oil steadied below $109 per barrel on Thursday as worries about the global economy and oil demand balanced supply fears stemming from simmering Middle East tensions. Brent crude was down 7 cents at $108.74 per barrel by 0900 GMT, after dropping for the last three sessions.
-
China told Vietnam on Thursday to stop unilateral oil exploration in disputed areas of the South China Sea, raising tension in protracted maritime territorial disputes with its neighbors.
-
*Iran and Israel worries renew supply concerns. SINGAPORE, Dec 6- Brent crude held below $109 per barrel on Thursday as niggling worries about the global economy and oil demand, following subdued data from the United States and Europe, countered supply fears stemming from simmering Middle East tensions.
-
*Physical buying emerges after prices fall below $1,700/ oz. SINGAPORE, Dec 6- Gold edged down on Thursday, holding near a one-month low hit in the previous session, pressured by a slightly stronger dollar as investors await a policy meeting of the European Central Bank for fresh clues to its stance.
-
*Iran and Israel worries renew supply concerns. SINGAPORE, Dec 6- Brent crude held below $109 per barrel on Thursday as niggling worries about the global economy and oil demand, following subdued data from the United States and Europe, countered supply fears stemming from simmering Middle East tensions.
-
HONG KONG, Dec 6- Chinese shares slipped on Thursday, flattening gains in Hong Kong, as alcohol producers came under renewed pressure over contamination fears. The China Enterprises Index of the top Chinese listings in Hong Kong crept up 0.1 percent.
-
The European Central Bank left interest rates unchanged at a record low 0.75 percent on Thursday and ECB President Mario Draghi raised the prospect of more weakness in the region.
-
China's new leaders do not officially assume their new posts until next March, but they're already on Forbes' Most Powerful People list. This may signal the growing clout of Asia's political figures in global affairs.
-
Dec 5- Citigroup Inc said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.1 billion a year in expenses. Citi said it plans to sell or significantly scale back consumer operations in Pakistan, Paraguay, Romania, Turkey and Uruguay. The bank also plans to shed 84 branches in Brazil, Hong Kong, Hungary, Korea and the United States.
-
HONG KONG, Dec 6- Standard Chartered expects to pay $330 million to settle a case with U.S. regulators who accused the Asia- focused bank of failing to comply with sanctions against Iran, further denting profit growth this year.