Daphne Roth, head of equity research Asia at ABN AMRO Private Banking, discusses Asian emerging markets and explains why the Philippines will continue to see volatility and why she is most bullish on Malaysia.» Read More
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.
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.
HONG KONG, June 5- Hong Kong shares sank to their lowest in six weeks on Wednesday, with mainland Chinese markets also weak, as fears of a cut in U.S. stimulus efforts gained ground following comments from top Federal Reserve officials. Asia insurer giant AIA Group led losses among Hang Seng Index components as investors took profits on the year's outperformers.
KUALA LUMPUR, June 5- Malaysian billionaire Vincent Tan is considering listing his 7- Eleven convenience-store franchise as early as this year, state news agency Bernama reported. "We are looking at several options to raise money to pay the banks," Tan, who owns 36.1 percent of the club, was quoted as saying by Bernama.
CAPE TOWN, June 3- The battle between Airbus and Boeing over their next-generation of long-haul jets is heating up, with a string of major airlines flagging plans on Monday to place multi-billion dollar orders.
BEIRUT- Hezbollah guerrillas fought a deadly battle with Syrian rebels in Lebanon's eastern border region early on Sunday, security sources said, in the latest eruption of Syria's conflict on Lebanese soil.
SINGAPORE, June 3- The email landed at a tough time for David Chong, the colourful founder and chairman of Portcullis TrustNet, one of Asia's biggest wealth advisory companies. Singapore, like other wealth management centres, is in the regulatory spotlight and Chong said the reporters unfairly singled out Portcullis as one of the villains.
BEIJING, May 30- China will study the possibility of joining the Trans-Pacific Partnership trade talks, the Commerce Ministry said on Thursday, signaling its openness to the U.S.-led trade pact.
MANAMA, May 30- Growth in cross-border Islamic bond issues points to greater convergence in an industry that has been divided by tensions between the Middle East and Asia over sukuk rules, opening the door to a much wider pool of investors.
Benchmark Tokyo rubber futures fell as much as 3.9 percent to 257 yen a kilogram on Thursday, while those in Shanghai dropped by as much as 3 percent.
*Struggling with Nigeria, production downtime, Alaska record. LONDON, May 30- A decade ago, Royal Dutch/Shell's boss was fighting to close the gap between the truth about his company's oil and gas reserves and the much larger figure in its accounts.
*Cuba seeking to end dependence on Venezuelan oil. HAVANA, May 29- Russian state-owned oil company Zarubezhneft said this week it was giving up for now on a problem-plagued exploration well off Cuba's north-central coast, which brings to an end the communist-led island's only active project in its search for offshore oil fields.
WASHINGTON, May 29- The U.S. Commerce Department on Wednesday set preliminary duties of up to nearly 63 percent on shrimp from Malaysia to offset government subsidies, but much lower duties on shrimp from China, India, Thailand, Vietnam, Indonesia and Ecuador.
WASHINGTON, May 29- The U.S. Commerce Department has set preliminary duties ranging up to nearly 63 percent on shrimp from Malaysia to offset government subsidies, and much lower duties on shrimp from China, India, Thailand, Vietnam, Indonesia and Ecuador, a U.S. industry group said on Wednesday.
ISTANBUL, May 29- When Turkish Prime Minister Tayyip Erdogan came to power a decade ago it would have been almost unthinkable for his government to issue an Islamic bond, given accusations it was seeking to erode Turkey's secular status. Turkey has a strong secular identity.
LONDON, May 28- Chinese scientists have developed the first vaccine to protect children against a virus called enterovirus 71, or EV71, that causes the common and sometimes deadly hand, foot and mouth disease.
--Clyde Russell is a Reuters market analyst. BRISBANE, May 28- It seems that virtually everybody involved in Australia's liquefied natural gas boom is convinced that it's coming to a sticky end and the country risks losing out on a second phase of investment worth more than $100 billion.
*Hengdeli jumps after China cut import duties on Swiss watches. HONG KONG, May 28- Hong Kong shares rose on Tuesday with heavyweight China Taiping Insurance surging nearly 12 percent after it announced a $13.3 billion restructuring plan while its rivals slipped on a downgrade.
BUENOS AIRES, May 27- Argentina's state-controlled energy company, YPF, has lost a potential multimillion-dollar international arbitration case over the suspension of natural gas exports to Brazil, the company said on Monday.