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Asia Top News and Analysis Iran

  • Iran Launches Air Drills in Country's East

    Iran launched large-scale air defense drills in the country's eastern half on Monday, Iranian media reported, amid heightened tensions between Tehran and Washington over a military incident in the Gulf reported last week.

  • Putting Up a Digital Defense: Lessons From Israel

    A US delegation is heading to Israel to learn more about their security measures — specifically, cybersecurity after several US bank web sites were attacked.

  • Is Oil’s Slide Done?

    Rich Ilczyszyn, a "Futures Now" trader and founder of iiTrader, takes a look at some key technical indicators.

  • *Wall Street jumps; S&P, Dow up more than 1 pct. NEW YORK, Nov 6- Oil rose 3 percent on Tuesday, rallying a second straight session and receiving a lift from gains on Wall Street as investors awaited U.S. election results. President Barack Obama and Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.

  • NEW YORK, Nov 6- Oil surged more than 2 percent on Tuesday, rallying for a second straight day and receiving a lift from gains on Wall Street and a weaker dollar as investors awaited U.S. election results. President Barack Obama and Republican challenger Mitt Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.

  • LONDON, Nov 5- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.

  • GENEVA, Nov 5- Switzerland's neutrality is being tested as Brussels and Washington raise pressure over gaps in sanctions against Iran, in particular measures against its oil industry.

  • *Siemens due to announce further details of savings plan. FRANKFURT, Nov 5- Germany's Siemens AG, looking to narrow the profitability gap with its competitors, could detail likely disposals and the scale of planned cost cuts when it reports results on Thursday.

  • LONDON, Nov 5- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.

  • LOS ANGELES, Nov 4- ``Wreck-It Ralph,'' Disney's animated film about a videogame character who destroys everything in his path, scored the highest-grossing opening weekend in Disney animation history with $49.1 million, as box office attendance picked up in the aftermath of superstorm Sandy.

  • The tally for ``Wreck-It-Ralph, which featured the voices of John C. Reilly and Jane Lynch, hammered the Denzel Washington film'' Flight, `` which generated ticket sales of $25 million at U.S. and Canadian theaters, according to studio estimates. Walt Disney Co released'' Wreck-It Ralph. ``'' Flight`` was distributed by Paramount Pictures, a unit of Viacom Inc.

  • LONDON, Nov 2- Royal Bank of Scotland faces fines for its part in a global interest rate rigging scandal and wants to reach a settlement as soon as possible.

  • LONDON, Nov 2- Royal Bank of Scotland faces fines for its part in a global interest rate setting scandal, a matter the bank said on Friday it was keen to settle as soon as possible.

  • *Q3 operating profit 1.05 bln stg vs 2 mln yr ago. LONDON, Nov 2- Royal Bank of Scotland said it may face fines in relation to how it set Libor and other interest rates and is keen to settle the matter as soon as possible.

  • WASHINGTON, Nov 1- Standard Chartered is close to wrapping up discussions to resolve U.S. investigations into its Iran- linked transactions and nearing agreement on a fine in the $300- million range, mirroring a much-publicized state settlement over similar allegations, according to four people familiar with the matter.

  • LONDON, Nov 1- Banks will have to hold more capital after recent hefty fines, trading losses, money laundering and rate-rigging showed that operational risks are not being covered properly. U.S. energy regulators this week proposed fining the bank $470 million for alleged rigging of California's power markets.

  • *Super storm Sandy seen impacting fuel demand on US East Coast. LONDON, Nov 1- European oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S. futures gained as U.S. markets geared back up after the severe battering to the east coast delivered by Sandy.

  • NEW DELHI, Nov 1- India's oil imports from Iran rose 53 percent in September on the month to 294,400 barrels per day, tanker discharge data made available to Reuters shows, as MRPL resumed buying normal volumes from Tehran after a gap of two months and the sanctions-hit nation got a new client HPCL-Mittal Energy Ltd, part owned by steel tycoon L.N. Mittal.

  • *India imported about 294,400 bpd from Iran in September. NEW DELHI, Nov 1- India's oil imports from Iran fell about 19 percent in the first half of 2012/ 13 to about 257,000 barrels per day, even lower than planned, data available to Reuters show, potentially helping New Delhi win a renewal of a waiver from U.S. sanctions.

  • SINGAPORE, Nov 1- Brent crude hovered around $108.50 a barrel on Thursday as investors focused on concerns that storm Sandy's rampage across the U.S. East Coast could reduce fuel demand, although data pointing to recovery in China offered some support.