NEW YORK-- Newfield Exploration's stock rose Tuesday as an analyst raised the oil and natural gas company's rating, citing an international asset sale and potential growth in core areas. THE SPARK: Amir Arif of Stifel Nicolaus lifted Newfield Exploration Co. to "Buy" from "Hold" and established a $29 price target.
MUMBAI, June 18- The Indian rupee approached a record low while other Asian currencies also fell, reflecting the high stakes for regional policymakers should the Federal Reserve end a period of easy money that had boosted markets from Jakarta to Mumbai.
--Clyde Russell is a Reuters market analyst. Indonesia has joined China, the region's biggest oil consumer, and India, the third-largest, in moving toward market-based pricing for transport fuels.
MUMBAI, June 17- The Reserve Bank of India kept interest rates unchanged on Monday as expected after cutting them in each of its previous three policy reviews, warning of upward risks to inflation as its currency is among the hardest hit amid a global emerging markets sell-off.
STOCKHOLM, June 16- Nordic telecom operator TeliaSonera said on Sunday it had picked Johan Dennelind, the current chief executive of South Africa's Vodacom International, as its new CEO.
June 14- Britain has asked airlines worldwide to block American Edward Snowden, who leaked details of U.S. government telephone and internet surveillance programs, from boarding any plane headed for the United Kingdom, the Associated Press reported on Friday.
*South America may sell more due to India hold ups. SINGAPORE/ MUMBAI, June 14- Rains across India's eastern crop belt are holding up shipments of corn, tightening feed grain supplies in Vietnam, Indonesia and Malaysia.
JAKARTA, June 13- Indonesia became the first central bank in Asia to raise its policy interest rate since 2011, the strongest sign yet in regional emerging economies of the stress being wrought by the global markets rout.
DAKAR, June 12- Satellite operator O3B Network has customers signed up for one third of the capacity on eight new satellites to be launched by September to provide high-speed Internet to emerging markets, its chief executive said on Wednesday. Google and HSBC bank are among its other investors.
KUALA LUMPUR, June 12- A deepening slump in exports is sending tremors through Asia, threatening to undermine some booming emerging economies that have surged ahead in recent years on a heady combination of easy credit, buoyant consumer demand and strong domestic investment.
*Booz Allen Hamilton says has fired Snowden. *Google and others seek loosening of secrecy on requests.
WARTON, England, June 11- Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems forecast on Tuesday. "This is a prudent view," Peter Anstiss, the division's business development director, said at a briefing on Tuesday in Warton, northwest England.
WARTON, England, June 11- Sales of combat aircraft in the Middle East and Asia will more than compensate for cutbacks in U.S. and European spending, Britain's BAE Systems predicted on Tuesday. "This is a prudent view," Peter Anstiss, business development director of the unit said at a briefing on Tuesday in Warton, in north west England.
PARIS/ SEATTLE, June 11- Boeing upgraded its 20- year forecast for airplane demand as aerospace firms heading to next week's Paris Airshow look beyond the financial crisis to pin their hopes on Asia. Boeing said passenger and cargo traffic, both indicators of economic activity, are expected to grow 5 percent annually.
*South Sudan oil shipments continue despite row with Sudan. PERTH, June 11- Brent futures held under $104 per barrel on Tuesday after the world's largest consumer, the United States, nearly doubled an estimate of its shale oil reserves, while prospects of a slowdown in Chinese demand sapped prices.
*South Sudan oil shipments continue despite row with Sudan. PERTH, June 11- Brent futures held under $104 per barrel on Tuesday after the world's largest consumer, the United States, nearly doubled an estimate of its shale oil reserves, while prospects of a slowdown in Chinese demand sapped prices.
A unit of Dubai Holding, the investment arm of Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum, Dubai Group has a portfolio of mainly financial services assets bought during the boom years of the mid-2000s, but which have plunged in value since the 2008 global financial crisis.
For decades two export groups, Belarus Potash Company, which represents producers in Russia and Belarus, and Canpotex, its North American equivalent, have set identical prices in key markets such as China and India and have often curbed output simultaneously.
Pacific Command, did not mention any country by name, but China's increasingly aggressive claims to disputed islands have triggered worries about confrontations with others including the Philippines, Vietnam, Malaysia and Brunei. Southeast Asian governments want a legally binding code of conduct with China to deter hostile actions and prevent fighting.
LONDON, June 5- Rising shale oil production in the United States has slashed light oil imports from countries such as Nigeria and Algeria by more than half in the past two years. "U.S. light tight oil is distinctive in that rising production is causing an unexpected quality shift in the global crude mix," the International Energy Agency said last month.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.