Asia-Pacific News Southeast Asia

Tinder has been testing the function in India for several months and plans to spread it worldwide if the full rollout proves successful. Thousands of reports of sexual violence and rape in India each year have also raised concerns around the safety of women in many parts of the country. Taru Kapoor, General Manager for Tinder owner Match Group in India, told...

Tinder has been testing the function in India for several months and plans to spread it worldwide if the full rollout proves successful. The country is also ranked the world's most dangerous for women due to the high risk of sexual violence, according to a poll https://in.reuters.com/article/women-dangerous-poll/india-most-dangerous-country- f o r- w o m...

*Looming Iran sanction, OPEC defying calls to up output lift oil. TOKYO, Sept 25- Asia stocks struggled on Tuesday as a fresh round of U.S.- China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth. Spreadbetters expected European stocks to open on the defensive, with Britain's FTSE giving up 0.1 percent, Germany's...

UNITED NATIONS— Five world powers and Iran agreed late Monday to establish a financial facility in the European Union to facilitate payments for Iranian imports and exports including oil, a key move sought by Tehran following the U.S. pullout from the 2015 nuclear deal and its re-imposition of sanctions. Foreign ministers from Britain, France, Germany, Russia,...

*OPEC, Russia so far resist calls to raise output. Looming U.S. sanctions against Iran and the unwillingness or inability of the Organization of the Petroleum Exporting Countries and top oil producer Russia to raise output to offset the loss of Iranian supply have spurred prices higher. "Iran will lose sizeable export volumes, and given OPEC+ reluctance raise...

*OPEC, Russia so far resist calls to raise output. Oil markets have been driven up by looming U.S. sanctions against Iran and an unwillingness or inability by Middle East dominated producer cartel OPEC and Russia to raise output. President Donald Trump has demanded that the Organization of the Petroleum Exporting Countries, of which Iran is a member, and Russia...

*OPEC, Russia so far resist calls to raise output. Oil markets have been driven up by looming U.S. sanctions against Iran and an unwillingness or inability by Middle East dominated producer cartel OPEC and Russia to raise output. The United States from November will target Iran's oil exports with sanctions, and Washington is putting pressure on governments and...

PARIS, Sept 24- French state-owned bank Bpifrance has abandoned its plan to set up a mechanism to aid French companies trading with Iran, in the face of U.S. sanctions against Tehran. Earlier this year, the bank had said it was working on a project to finance French companies that wished to export goods to Iran despite U.S. sanctions. The United States is renewing...

*Volvo cannot get paid in Iran due to U.S. sanctions. *Truckmaker says has no active orders in Iran. *Follows other truck makers in Iran pull-back.

MUMBAI, Sept 24- India's monsoon has produced 9 percent less rain than usual, raising concerns over production of the country's summer-sown crops as rainfall in many key grains producing states has been nearly a quarter lower than normal levels. The monsoon delivers 70 percent of India's annual rainfall and is the lifeblood of India's $2 trillion economy with...

TEHRAN, Iran— Iran's oil minister has said the United States will not succeed in its plans to halt Iranian crude exports even as he acknowledged that South Korea has stopped buying oil from Tehran, Iranian media reported on Monday. The website of Iran's oil ministry, Shana.ir, quotes the minister, Bijan Zanganeh, as saying the "U.S. dream of getting Iran's oil exports...

STOCKHOLM, Sept 24- Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for the company said on Monday. The sanctions against Iran, reimposed on Aug. 6 by U.S. Volvo spokesman Fredrik Ivarsson said the trucks group could no longer get paid for any parts it shipped and had therefore...

SINGAPORE, Sept 24- Iraq, the second-largest OPEC producer, is exporting close to 3.6 million barrels per day of crude from its southern oilfields, as OPEC and others ramp up output to replace supply shortfalls from Iran and Venezuela, an Iraqi oil official said. Exports from Iran have fallen as the United States will re-impose sanctions on Iran's oil sector from...

*To supply fuel to Japan wholesaler Kygnus from 2020. Refiners in Japan, the world's fourth largest crude oil importer, halted oil imports from Iran in mid-September, the country's refinery association said last week, allowing time for payments before sanctions are imposed. "Japan will not import any crude from Iran in November because of the U.S. sanctions," Cosmo...

*Expects to reduce Iran crude imports slightly. SINGAPORE, Sept 24- World oil demand will peak at 104.4 million barrels per day in the mid-2030s, up from just below 100 million bpd currently, as new technologies gradually eat into oil use, China's Unipec said on Monday. Improved energy efficiency and technological changes, including the rise of renewables, meant...

*Production decline Venezuela, firm demand to help boost prices. SINGAPORE, Sept 24- Iran will export significantly less oil than was initially expected when the United States first announced it would reimpose sanctions on Tehran, and that should boost prices, a senior executive at commodities trader Trafigura said on Monday. Buyers across Asia have come under...

JAKARTA/ BEIJING Sept 21- Indonesian authorities have generally opened their arms to fintech companies offering online loans in Southeast Asia's biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to access bank lending. For Chinese platforms, Indonesia's youthful market of over 260 million people is an...

MONDAY, SEPTEMBER 24 BANGKOK, Thailand- Bank of Thailand Governor Veerathai Santiprabhob speaks at a two-day BOT symposium 2018: The future of money, finance, and central banking- 0200 GMT. BRATISLAVA- Slovakia Central Bank Governor Jozef Makuch holds a news conference 1100 GMT. PRAGUE- Czech National Bank holds monetary policy meeting.