Asia Top News and Analysis Iran

  • *Analysts cautiously optimistic about OPEC production cut. SINGAPORE, Oct 4- Oil prices dipped early on Tuesday, weighed down by a rise in Iranian exports that adds to a global supply overhang, although a planned OPEC- led supply cut later this year has lent crude some support. There was optimism that OPEC producers, and perhaps also exporters outside the club like...

  • *Iran stresses need for non- OPEC support to output cut. *Brent settles above $50 first time since August. NEW YORK, Oct 3- Oil rose more than 1 percent on Monday, with Brent settling above $50 a barrel the first time since August and U.S. crude hitting three-month highs, after Iran exhorted the need for other oil producers to join OPEC in supporting the market.

  • NEW YORK, Oct 3- Oil prices were up nearly 1 percent on Monday, taking Brent above $50 a barrel and U.S. crude to three-month highs after comments by Iran's leader exhorting the need for other oil producers to join OPEC in supporting the market. "It's kind of a light volume day and we're moving from headline to headline, but still Iran telling Venezuela that all...

  • AL AIN, United Arab Emirates, Oct 3- An urban park in Denmark to promote tolerance between immigrants and local residents and a mosque in a flood-prone area of Bangladesh were among winners of the Aga Khan Award for Architecture on Monday. This year's six winners also included a children's library in Beijing and a pedestrian bridge in Tehran.

  • *Gabriel says Germany wants to help Iran with reforms. *Siemens to supply components for 50 locomotives in Iran. Gabriel has flown to Iran with a planeful of 120 managers who are keen to re-establish business relations with the Islamic Republic after it reached a landmark deal with world powers last year to scale back its disputed nuclear programme.

  • Trump Group rented office to Iranian bank later linked to terrorism

    Donald Trump's real estate organization rented New York office space to Bank Melli from 1998 to 2003.

  • Pedestrians pass a Bank Melli Iran bank branch in Tehran, Iran.

    Trump Organization rented New York office space to an Iranian bank that U.S. authorities have linked Iran's nuclear program, reports NBCNews.

  • Gabriel has flown to Iran with a planeful of executives who are keen to re-establish business relations with the Islamic Republic after it reached a landmark deal with world powers over its disputed nuclear program. In addition, Mitsubishi Germany has signed a contract to modernise a gas-fired plant, while plant constructor Keller HCW wants to build a...

  • BERLIN, Sept 30- German Economy Minister Sigmar Gabriel heads to Iran next week with a planeful of industry executives keen to rebuild trade ties, but remaining U.S. sanctions and political concerns are holding back a hoped-for business boom. Tehran said there could be no precondition for Iran- Germany relations and that it rejected the interference of any...

  • ISTANBUL, Sept 30- Turkish investment bank Unlu& Co aims to complete the acquisition of an Iranian brokerage in the next six months and become the first Turkish financial services firm to operate in Iran since the easing of sanctions, its chairman said on Friday. Turkish trade with Iran has since risen some 30 percent. Turkish Prime Minister Binali Yildirim said...

  • OPEC deal symbolic: Anaylst

    Iain Reid, head of European oil and gas research at Macquarie, acknowledges the symbolic value of the oil producer deal struck in Algiers, and suggests that the price of oil could rise to the mid-$50s.

  • *South Korea imports double; China, Japan imports also rise. TOKYO, Sept 30- Imports of Iranian oil by four major buyers in Asia in August jumped 81 percent from a year earlier, the biggest percentage gain since April 2014, as the producer recoups market share from rivals Saudi Arabia and Iraq. The top four Asian buyers, South Korea, Japan, China and India, imported 1.84...

  • Mohammed Al-Sada, Qatar's minister of energy and industry and president of OPEC

    One day after OPEC agreed to curb production for the first time since 2008, energy analysts are questioning the meaning of the pact.

  • *Iraq told OPEC meeting to change new ceiling- source. *Iraq's Luaibi complains about OPEC output estimates. ALGIERS, Sept 29- For years, debates in the OPEC conference room were dominated by clashes between top producer Saudi Arabia and arch-rival Iran.

  • OPEC 'paying the price' for oil abuse: Pro

    Saudi Arabia blinked, they thought they could wait everybody out, says John Kilduff, Again Capital Partner, sharing his thoughts on OPEC finally reaching a deal to limit output levels.

  • Colin Smith, director of oil and gas research at Panmure Gordon, discusses the OPEC supplier agreement reached last night in Algiers.

  • OPEC Deal

    Oil prices will slide back down to $45 a barrel levels if OPEC does not ratify its production cut deal in November, says Credit Suisse's David Hewitt.

  • OPEC Meeting

    It is questionable whether the deal will hold because the various OPEC members are in different circumstances, says Intelligent Investor's Gaurav Sodhi.

  • OPEC Deal

    There are still questions about the OPEC deal, such as how countries who want to raise output will be dealt with, says Platts Analytics' Jenna Delaney.

  • BERLIN, Sept 28- The United States on Wednesday began notifying lawmakers that it has approved $7 billion in long-stalled sales of Boeing Co fighter jets to Kuwait and Qatar, and more than $1 billion in Lockheed Martin Corp jets to Bahrain, sources familiar with the decision said. The sales had been pending for more than two years amid concerns raised by Israel,...