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Asia-Pacific News South and Southeast Asia

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • The United States should expect a "strong slap in the face" if it underestimates Iran's defensive capabilities, a commander of the elite Revolutionary Guards says, as Tehran concludes war games. The White House has pushed back the release of a new executive order to replace the directive suspending travel to the United States by citizens of seven mostly Muslim...

  • The United States should expect a "strong slap in the face" if it underestimates Iran's defensive capabilities, a commander of the elite Revolutionary Guards says, as Tehran concludes war games. The United States is likely to refrain from suggesting major changes to its trading arrangement with Canada, according to a majority of economists polled by Reuters.

  • The United States should expect a "strong slap in the face" if it underestimates Iran's defensive capabilities, a commander of the elite Revolutionary Guards says, as Tehran concludes war games. Mexico will not accept new "unilateral" U.S. immigration proposals and will not hesitate to approach the United Nations to defend immigrants, Foreign Minister Luis...

  • NEW DELHI, Feb 22- India plans to auction some oil exploration blocks by June and will allow bidders to carve out areas where they want to drill in order to attract greater interest, a government official told Reuters on Wednesday. India overhauled its exploration licensing last year with a shift to a revenue sharing model, while also allowing pricing and...

  • *India RBI releases minutes from Feb 7-8 meeting. MUMBAI, Feb 22- The Reserve Bank of India's six-member monetary policy committee cited concerns about inflation in holding rates in February, with three mentioning the need to shift the policy stance to "neutral" from "accommodative," minutes from the meeting showed. The minutes were released on Wednesday, two weeks...

  • HANOI, Feb 22- Vietnam on Wednesday named for the first time 11 government, provincial and industry officials as being responsible for one of its worst environmental disasters, caused by a unit of Taiwan conglomerate Formosa Plastics. The Communist Party Inspection Commission's announcement, carried by the government news website, is the first time Vietnam...

  • *India chief econ adviser backs calls for "bad bank". NEW DELHI, Feb 22- India's finance ministry on Wednesday backed a call by the Reserve Bank of India to set up an institution similar to a "bad bank," saying urgency was needed to address troubled loans weighing on the banking sector that were hobbling investment and growth. His comments backed forthright views...

  • BEIJING/ DHAKA, Feb 22- China's state-run Zhenhua Oil has signed a preliminary deal with Chevron to buy the U.S. oil major's natural gas fields in Bangladesh that are worth about $2 billion, two Beijing- based Chinese oil executives said. A completed deal would mark China's first major energy investment in the South Asian country, where Beijing is competing with...

  • CANBERRA- Reserve Bank of Australia Governor Philip Lowe will appear at the House of Representatives Standing Committee on Economics. CHISINAU- National Bank of Moldova announces interest rate decision. ANKARA- Central Bank of the Republic of Turkey monetary policy meeting.

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher- Sec-Gen. OPEC Secretary General Mohammad Barkindo told an industry conference in London that January data showed conformity from participating OPEC nations with output curbs had been above 90 percent and oil inventories would decline further this year.

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher- Sec-Gen. NEW YORK, Feb 21- Oil prices rose about 2 percent to near three-week highs on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher as it expects other producers join its efforts to...

  • "This is a very historic visit for us," Cabinet Secretary Pramono Anung told reporters on Tuesday, adding that the king would be in Indonesia from March 1 to 9. Indonesia, home to the world's largest Muslim population, hopes Saudi Arabia will help to promote moderate Islam through religious teaching and exchange programmes for scholars, Anung added.

  • *OPEC says 90 percent of oil output cuts made in January. *OPEC wants compliance with cuts even higher- Sec-Gen. NEW YORK, Feb 21- Oil prices rose about 2 percent to near three-week highs on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher as it expects other producers join its efforts to...

  • Feb 21- Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. Time Warner is the parent of cable channels HBO and CNN, as well as film studio Warner Bros. The combined Yahoo and AOL businesses will help...

  • BANGKOK— Thailand's prime minister said Tuesday the government will ensure that environmental and health impact studies for a coal power plant approved by its energy policy planning committee will be reconsidered, but made clear he expects the project to proceed. Prayuth chaired the National Energy Policy Committee, which announced Friday the go-ahead...

  • *Potential buyers to be tapped in India, Japan, Middle East. SINGAPORE/ NEW DELHI/ BEIJING, Feb 21- China's Sinochem is exploring the sale of its 40 percent stake in Brazil's Peregrino offshore oilfield, four people familiar with the matter told Reuters, a deal that could see the state-owned conglomerate walk away from what was once touted as a key overseas asset...

  • *Potential buyers to be tapped in India, Japan, Middle East. SINGAPORE/ NEW DELHI/ BEIJING, Feb 21- China's Sinochem is exploring the sale of its 40 percent stake in Brazil's Peregrino offshore oilfield, four people familiar with the matter told Reuters, a deal that could see the state-owned conglomerate walk away what was once touted as a key overseas asset because...

  • *Soybeans up 1 pct, potential yield loss after rains in Argentina. SINGAPORE, Feb 21- Chicago soybean futures gained almost 1 percent on Tuesday as the market recovered from its lowest in more than two weeks with rains in Argentina raising concerns over potential decline in yields. The Chicago Board Of Trade most-active soybean contract rose 0.9 percent to...