Asia Top News and Analysis Iran

  • TEHRAN, Iran-- Police threatened merchants who closed their shops in Tehran's main bazaar and launched crackdowns on sidewalk money changers on Wednesday as part of a push to halt the plunge of Iran's currency, which has shed more than a third its value in less than a week.

  • *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday as weak economic data from Europe and China dimmed the outlook for demand, adding to concerns arising from Europe's festering debt crisis. Brent November crude futures had fallen 96 cents to $110.61 a barrel by 1054 GMT.

  • SINGAPORE, Oct 3- Danish oil and shipping group A.P. Moller Maersk says it will talk to Vitol to determine whether one of its tankers was used by the trading house to ship Iranian fuel oil. The cargo was transferred aboard the Danish tanker from Vitol's floating storage off Malaysia, the document shows, and shipped to storage in Singapore.

  • DUBAI, Oct 3- Iranian riot police clashed on Wednesday with demonstrators and foreign exchange dealers in the capital Tehran over the collapse of the country's currency, which has lost a third of its value against the dollar in a week, witnesses said.

  • DUBAI, Oct 3- Iranian riot police clashed on Wednesday with demonstrators and exchange dealers in the capital Tehran over the collapse of the rial, which has lost a third of its value against the dollar in a week, witnesses said.

  • *Retail trade rises 0.1 pct in August from July. BRUSSELS, Oct 3- Retail sales in the euro zone barely rose in August as motorists cut back spending on fuel during the normally busy driving months of the European summer, worried about the economy's slide towards recession.

  • *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Europe's festering debt crisis added to the gloom. Brent November crude futures had fallen 96 cents to $110.61 a barrel by 1000 GMT.

  • TEHRAN, Iran-- Tehran's main bazaar has been closed as authorities tighten controls trying to halt the fall of Iran's currency after it hit a record low. The semiofficial Mehr news agency says the bazaar _ the traditional commercial hub in Iran's capital _ was closed for security reasons on Wednesday.

  • BRUSSELS, Oct 3- Retail sales in the euro zone barely rose in August as motorists cut back on spending on fuel during the normally busy driving months of the European summer, reflecting the weak economy as it heads into recession.

  • *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Europe's festering debt crisis added to the gloom. Brent November crude futures had fallen 90 cents to $110.67 a barrel by 0830 GMT.

  • SINGAPORE, Oct 3- Brent crude futures slipped below $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • *The parent company of T-Mobile USA, the struggling cellphone service provider, is in talks to buy MetroPCS Communications Inc as it fights to compete against two bigger rivals.

  • MOSCOW, Oct 3- Here are events and news stories that could move Russian markets on Wednesday. EVENTS: MOSCOW- Russia Calling VTB Capital investment conference. MOSCOW- Press conference by Aeroflot Chief Executive Vitaly Savelyev and SAP executives.

  • SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • ROME, Oct 3- Iran's tumbling rial currency will face more heavy pressure as the United States and its allies enforce sanctions over Tehran's nuclear programme, a senior U.S. official said on Wednesday. Cohen's comments, on a five-day visit to Europe, came as riot police clashed with demonstrators protesting in Tehran against the fall in the currency.

  • SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns on global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • NEW YORK, Oct 2- Oil prices fell in choppy, light trading on Tuesday, pressured by the outlook for weak economic growth and petroleum demand, even as the risk of potential crude supply disruptions limited losses. "Profit taking out of gasoline had a significant influence on market tone today," said Timothy Evans, energy analyst at Citi Futures Perspective in New York.

  • In the past two weeks, customers of top U.S. banks including Bank of America Corp, JPMorgan Chase& Co, Wells Fargo& Co, U.S. Bancorp and PNC Financial Services have reported having trouble accessing their websites, as unusually high traffic volumes appeared to crash or slow down the systems.

  • Global economic growth has slowed this year, curbing fuel demand growth in Asia, Europe and the United States. The euro strengthened against the dollar a second straight session on growing expectations the euro zone's fourth-largest economy, Spain, will seek a bailout.

  • UNDER PRESSURE: Iran President Mahmoud Ahmadinejad blamed the steep drop in Iran's currency on "psychological pressures" linked to Western sanctions over Tehran's nuclear program and Iran's increasingly bitter political battles.