Asia-Pacific News Southeast Asia

  • SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. SYDNEY- Panel Participation by Michele Bullock, RBA Assistant Governor, at the Sibos 2018 Conference 0300 GMT. SYDNEY- Panel Participation by Guy Debelle, RBA Deputy Governor, at the Sibos 2018 Conference 0430 GMT.

  • PARIS, Oct 19- French state-owned public transport firm RATP aims to more than double its foreign revenue by 2025 through public transport contracts in the Middle East, Asia and the Americas. In a presentation of RATP Group's strategy on Friday, CEO Catherine Guillouard said RATP aims to boost its revenue from 5.5 billion euros in 2017 to seven billion by 2025, of...

  • HARARE, Oct 19- Zimbabwe aims to clear its $2 billion arrears with the World Bank and African Development Bank in the next 12 months, after securing the support of international creditors and donor countries, Finance Minister Mthuli Ncube said on Friday. Zimbabwe has struggled to access international credit since defaulting on its debts to global lenders two...

  • *U.S.- China trade war weighs on sentiment. LONDON, Oct 19- Oil prices rose on Friday on signs of surging demand in China, the world's second-biggest oil consumer, although the market was heading for a second week of losses on rising U.S. inventories and concern that trade wars were curbing economic activity. Benchmark Brent crude oil jumped $1.14 a barrel, or 1.4...

  • *China premiums at $4- $7/ oz; 60 cents to $1.20 in Singapore. MUMBAI/ BENGALURU, Oct 19- A key festival brought little activity to the physical gold market in India this week as purchases remained significantly lower than normal with domestic prices jumping to the highest in more than two years. Demand in India, the second biggest gold consumer after China, usually...

  • *U.S.- China trade war weighs on sentiment. LONDON, Oct 19- Oil prices rose on Friday on signs of surging demand in China, the world's second-biggest oil consumer, although the market was heading for a second week of losses on rising U.S. inventories and concern that trade wars were curbing economic activity. Benchmark Brent crude oil was up 70 cents a barrel at...

  • HANOI, Oct 19- Tokyo Gas is interested in cooperating with Vietnam's PetroVietnam Power Corp, or PV Power, to develop a natural gas-fired power project in the Southeast Asian country, PV Power's parent said on Friday. The statement follows a meeting between senior executives from PV Power and Tokyo Gas in Hanoi this week, PV Power said. The two plants, with a combined...

  • MELBOURNE, Oct 19- London copper steadied on Friday as investors were heartened by China's pledge to support its economy after growth slowed to the weakest since 2009, but the metal was still on course for its deepest weekly decline in two months. Copper hit a one-week low of $6,121.50 on Thursday and has been trading between $5,780 struck in mid-August and...

  • *London outlet opens on 20 Oct, Manhattan the following week. LONDON, Oct 18- Jollibee Foods, a major Asian fast-food operator, hopes to generate half its sales outside its home market of the Philippines within five to seven years, up from 30 percent now, its chief executive told Reuters. "There are a lot of discussions going on, but only a few end up with final...

  • In a few short months, the world leader in video streaming has launched a blockbuster Mumbai- based crime thriller, been sued over comments about a former Indian Prime Minister and seen the future of two of its hit shows threatened by the# MeToo movement in India. Helped by a roster that includes top-grossing movie franchise "Baahubali," it has won fans among a young,...

  • BEIJING/ MANILA, Oct 18- Steelmakers in Tangshan, China's biggest steel producing city, are boosting output as local officials have failed to issue precise orders on output curbs even though the city's winter pollution restrictions took effect two weeks ago. On Sept. 27, China's Ministry of Environment and Ecology issued new winter anti-pollution plans that...

  • SANTIAGO- Central Bank of Chile holds monetary policy meeting MONDAY, OCTOBER 22 SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the 2018 ISDA Annual Australia Conference, Sydney- 2235 GMT. SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. JAKARTA- Indonesia Central Bank...

  • *India's 2018/ 19 sugar output seen at 32.4 mln T vs pvs estimate of 35.5 mln T- trade body. *India's 2019/ 20 sugar output seen at 29.2 mln T-trade body. WADWAL, India, Oct 17- India may have found a fix to its sugar problem but the answer will not make its cane farmers happy.

  • *India's 2018/ 19 sugar output seen at 32.4 mln T vs pvs estimate of 35.5 mln T- trade body. *India's 2019/ 20 sugar output seen at 29.2 mln T-trade body. WADWAL, India, Oct 17- India may have found a fix to its sugar problem but the answer will not make its cane farmers happy.

  • PHNOM PENH, Oct 17- A European Union decision to ramp up trade pressure on Cambodia has alarmed unions in its garment industry, a pillar of the economy that employs about 700,000 people, but a key grouping of manufacturers said the risk would take months to materialise. Cambodia's biggest export market, the EU, warned this month that the Southeast Asian nation...

  • YouTube

    When users tried to access YouTube.com, they were greeted with a blank page that showed no videos. On the app, an error message read, "There was a problem with the network [503]." 

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? *China 2018, 2019 GDP growth seen at 6.6 pct, 6.3 pct, unchanged from July survey. BEIJING, Oct 16- China's central bank is increasingly expected to cut the amount of funds banks need to hold as reserves next year as the government looks to funnel cash into an economy hit by slowing domestic demand and a...

  • *Iran exports 1.33 mln bpd of crude in Oct. 1-14- Refinitiv. NEW YORK, Oct 16- Oil prices rose in cautious trade on Tuesday as expectations of higher U.S. shale output and inventories vied with worries that crude supply from the Middle East could be disrupted by looming U.S. sanctions on Iran and growing tensions with top producer Saudi Arabia. "The focus within the oil...

  • *Iran exports 1.33 mln bpd of crude in Oct. 1-14- Refinitiv. NEW YORK, Oct 16- Oil prices were little changed on Tuesday as concerns about tightening global supplies ahead of U.S. sanctions on Iran faced higher U.S. shale production and inventories. "The focus within the oil trade during the next couple of weeks is likely to be on Iran and Saudi Arabia," Jim Ritterbusch,...

  • *See spends coming back in North America- COO. MUMBAI/ BENGALURU, Oct 16- Infosys Ltd retained its revenue forecast for the current financial year, with the chief of India's second largest IT firm saying the demand for its services remained strong. Infosys' retention of its guidance "despite reinvestment of entire currency gains back into business indicate...