He wheeled a trolley carrying at least one bucket of petrol to the entrance of the building in Kyoto city, in western Japan, before dousing the area, shouting "die" and setting it ablaze on Thursday, broadcaster Nippon TV said, citing police. "Canadians send our deepest condolences to the families of those killed in the arson attack in Kyoto that has taken so many...
SINGAPORE, July 18- Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner. Singapore onshore stocks of petroleum products, which include gasoline, diesel, jet fuel and residual...
Saktiandi Supaat of Maybank says there may be upside for open economies such as South Korea and Taiwan in the later part of the year.
Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean.
*Keeps outlook for FY 19/ 20, confident on China. PARIS, July 18- French spirits group Remy Cointreau on Thursday expressed confidence revenue would rise in the second quarter after a weak start to the year and said that it could deliver double-digit sales growth in China. But price increases from April, although well flagged, contributed to a 3% fall in sales in the...
SINGAPORE, July 18- Oil product inventories in the Singapore storage and trading hub fell to an eight-month low in the week ended July 17, official data showed, in one of the latest signs that suppliers are gearing up for rule changes to make marine fuel cleaner. Singapore onshore stocks of petroleum products, which include gasoline, diesel, jet fuel and residual...
*Sees Q3 rev up as much as 8.4% from year earlier. TAIPEI, July 18- Taiwan's TSMC forecast that robust demand for 5 G chips will drive a stronger second-half even as it anticipates a dispute between Japan and South Korea involving chip-making materials to be a big source of uncertainty. "Although our business continues to be impacted by a global slowing economy... we...
*South Korea supplies 75% of global DRAM, 45% of NAND chip output. SEOUL, July 18- Memory chip spot prices have risen for the first time this year, indicating grim warnings of "never seen before" spikes and a supply disruption could come to pass as a dispute between South Korea and Japan drags on. The 15% spike in DRAM chip prices over a week- in a sector dogged by oversupply...
TAIPEI, July 18- Taiwan Semiconductor Manufacturing Co Ltd on Thursday said it expects a stronger half-year on demand for 5 G telecoms gear as well as new tech like Internet of Things, after booking a profit fall in the second quarter. "Although our business continues to be impacted by a global slowing economy... we have also passed the bottom of the cycle of our...
Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its attractiveness.
Andrew Gillan of Janus Henderson Investors says China, South Korea and Taiwan are very exposed to trade tensions. He says he likes markets such as the Philippines and Indonesia, which are growing at very high rates.
*Source of bitcoin's wild price swings remains a mystery. *Investors think sentiment analysis algorithms can help. LONDON, July 17- After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year- but few people could convincingly explain why.
SEOUL/ SINGAPORE, July 16- Refineries in Taiwan and South Korea are testing the market for fuels that meet new rules for low-sulphur ship fuel starting next year, exporting some cargoes of very low-sulphur fuel oil this month. The refiners in Taiwan and South Korea have redirected low-sulphur feedstocks, that would normally undergo further refining into...
LONDON, July 16- Global stocks struggled to cling to recent gains on Tuesday and the dollar lingered with markets awaiting U.S. data and a slew of corporate and bank earnings for a fresh readout on the health of the world's largest economy. European markets struggled for direction with the pan-region Stoxx 600 nudging a touch lower, reflecting key indexes in...
SEOUL/ SINGAPORE, July 16- Refineries in Taiwan and South Korea are testing the market for fuels that meet new rules for low-sulphur ship fuel starting next year, exporting some cargoes of very low-sulphur fuel oil this month. The refiners in Taiwan and South Korea have redirected low-sulphur feedstocks, that would normally undergo further refining into...
MSCI's emerging market index tracking equities was marginally higher, lifted by gains in Asian heavyweights Hong Kong, South Korea and Taiwan. Mainland China shares however, closed lower as investors fretted over slower growth in the world's second-largest economy and the impact of the Sino-U.S. trade war, even as Beijing ramped up stimulus efforts.
BEIJING, July 15- China's government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China's Foreign Ministry said on Monday, declining to give details of the sanctions in a move likely to worsen already poor ties with Washington. China claims self-ruled and democratic Taiwan as its own and has never renounced the use of force...
*MSCI Asia ex- Japan +0.17%; Nikkei -0.74%. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.17%, with losses in Chinese shares capping gains elsewhere in the region. China's blue-chip CSI300 index was 0.4% lower.
President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warned that Washington could pile on more pressure as bilateral trade talks sputtered along. "This is why China wants to make a deal with the U.S., and wishes it had not broken the original deal in the first place," Trump tweeted.
President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warned that Washington could pile on more pressure as bilateral trade talks sputtered along. "This is why China wants to make a deal with the U.S., and wishes it had not broken the original deal in the first place," Trump tweeted.
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