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  • Asia Crude-MRPL bought Oman oil to replace Iran oil

    Reuters - Wednesday 22nd May, 2013

    NEW DELHI | Wed May 22, 2013 12:01pm EDT NEW DELHI May 22 (Reuters) - India's MRPL has bought 600,000 barrels of Omani crude oil from trader Vitol for lifting in the first half of July, two sources with knowledge of the deal said, as the refiner avoids Iranian oil due to western sanctions. Mangalore Refinery and Petrochemicals Ltd (MRPL) has also bought about 600,000 barrels of ...

  • Asian shares mixed Tokyo ends at 5-year high

    Inquirer - Wednesday 22nd May, 2013

    A visitor takes a picture of an electronic stock board on the Tokyo Stock Exchange in Tokyo, Wednesday, May 22, 2013. Asian shares were mixed on Wednesday despite a strong lead from Wall Street as markets awaited testimony from the US Federal Reserve chief, but Tokyo stocks finished at their highest level in five years. AP PHOTO/ITSUO INOUYE HONG KONG--Asian shares were mixed on Wednesday ...

  • China Pakistan plan economic corridor Li

    Channel News Asia - Wednesday 22nd May, 2013

    Chinese Premier Li Keqiang Wednesday linked growth in his country's restive west with that in sluggish Pakistan, saying the two sides wanted to create an "economic corridor" to boost ...

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  • Big Asian AFC start by Malditas

    Inquirer Sports - Wednesday 22nd May, 2013

    The Philippine Malditas, as promised by their coach, are creating a stir in the Asian AFC Women's Qualifying. The Malditas crushed higher-ranked Iran, 6-0, Tuesday at the start of Group B play at the Bangabandu National Stadium in Dhaka, Bangladesh. Beefed up by several United States-based standouts who have NCAA Division 1 experience, the Malditas dominated the match right from the ...

  • For Westerners in Asia the Job Market Grows Tougher

    International Herald Tribune - Wednesday 22nd May, 2013

    Unfortunately, her Mandarin is limited -- and because of that, she has struggled to find a new job in Hong Kong, a city that once welcomed her with open ...

  • FBI shoots kills man linked to Boston bomb suspect report

    Channel News Asia - Wednesday 22nd May, 2013

    MIAMI: An FBI agent Wednesday fatally shot a Florida man who allegedly had ties to one of the Boston bombings suspects, US media reported.Ibragim Todashev, 27, was shot in the city of Orlando, Florida, according to the Orlando Sentinel newspaper.Todashev became violent while being interviewed by the FBI, NBC News reported.Todashev was reported to be a friend of deceased Boston bombing suspect ...

  • Indian medics reconstruct babys swollen head

    Channel News Asia - Wednesday 22nd May, 2013

    Indian doctors said Wednesday they have successfully carried out a first round of reconstructive surgery on the skull of a baby suffering from a rare disorder that caused her head to nearly double in ...

  • Bangladesh panel blames building owner for disaster

    Channel News Asia - Wednesday 22nd May, 2013

    The head of an official inquiry into the collapse of a Bangladesh factory complex said Wednesday the building's owner was the "main culprit" in the disaster because he violated building ...

  • Retarus Boosts Presence in Asia

    Yahoo - Wednesday 22nd May, 2013

    SINGAPORE--(BUSINESS WIRE)-- Retarus is continuing to expand its position as a leading global provider of professional messaging services. As part of its international expansion plans, Retarus has established retarus (Asia) Pte. Ltd. in Singapore to strengthen its presence in Asia. Retarus has had a representative office in Singapore for a number of years now. The formation of ...

  • Asia GasolineNaphtha-Gasoline up on Indian demand

    Yahoo - Wednesday 22nd May, 2013

    SINGAPORE, May 22 (Reuters) - The Asian gasoline margin reached a 1-1/2 week high of $8.71 a tonne on Wednesday, supported by tighter supplies in India due to summer holiday demand coinciding with a refinery outage and maintenance. India's BPCL is seeking 25,000 tonnes of 91-octane gasoline for delivery into Kochi, located in the west coast, over first-half of June, making this ...

  • Asian Gold Premiums Hit New Highs as Europe Urged to Start Agressive QE

    FXstreet - Wednesday 22nd May, 2013

    London Gold Market ReportBULLION prices rose throughout Asian and early London trade on Wednesday morning, touching $1398 per ounce for the third time this week and recovering 4.4% from Monday's one-month low.Silver rose more steadily, and was capped below $22.80 as energy prices slipped and agricultural commodities held flat.Tuesday's retreat in the gold price today ...

  • Mostly Asian expat workers end UAE strike Arabtec

    Times of India - Wednesday 22nd May, 2013

    The vote followed the committee's decision to embrace a Republican move to ease restrictions on high-tech US companies that want to hire more skilled workers from countries like India and ...

  • Hamid Karzai in Delhi gives India military equipment wish list

    Times of India - Wednesday 22nd May, 2013

    Hamid Karzai said on Wednesday he had given a "wish list" of military equipment to India during his visit this week, presenting a conundrum for New Delhi as it weighs whether arming the Afghan army is in its interests. India wants to stabilize Afghanistan and is concerned about the resurgence of militant groups after foreign combat troops leave in 2014. However, arming Afghanistan ...

  • Gunmen kill 12 at Baghdad brothel Officials

    Times of India - Wednesday 22nd May, 2013

    gunmen shot dead at least seven women and five men at a brothel in Baghdad on Wednesday, security and medical officials said. The attack took place in the capital's eastern area of Zayouna, where a number ...

  • Montana parents quit Singapore inquest into sons death

    Billings Gazette - Wednesday 22nd May, 2013

    HELENA --The Veterans Affairs Montana Health Care System is preparing for a major renovation of its hospital at Fort Harrison, creating ...

  • AirAsia profit falls nearly 40 in 1st quarter

    Times Of India - Wednesday 22nd May, 2013

    KUALA LUMPUR: AirAsia, Asia's largest low-cost carrier by fleet size, said Wednesday that first-quarter net profit fell 39 per cent year-on-year due to ...

  • Nestle expands Singapore RD amid Asia market growth

    Inquirer Business - Wednesday 22nd May, 2013

    Photo from http://www.nestle.com.sg/ GENEVA -- Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth. Nestle said that it invested almost 4.0 million Swiss francs (3.2 million euros, $4.1 million) to extend its research facility, and would this year add 20 jobs to the current team of 100. ...

  • Swedens capital Stockholm hit by worst riots in years

    Times of India - Wednesday 22nd May, 2013

    The riots in one of Europe's richest capitals have shocked a country that prides itself on a reputation for social justice, and fuelled a debate about how Sweden is coping with both youth unemployment and an influx of ...

  • Oil stays near $96 before crude stocks report Fed

    Tampa Bay Online - Wednesday 22nd May, 2013

    The price of oil was little changed above $96 a barrel Wednesday as investors waited confirmation of a rise in U.S. crude stocks and the Federal Reserve's latest views on the U.S. ...

  • UPDATE 1-Nomura eyes Asia alliances boosts Japan asset target

    Reuters - Wednesday 22nd May, 2013

    Wed May 22, 2013 8:21am EDT (Recasts, adds COO comments and details) By Nathan Layne TOKYO May 22 (Reuters) - Japan's largest brokerage firm Nomura Holdings Inc said on Wednesday it was seeking partners to expand its retail and asset management operations in Southeast Asia and was in talks with several financial institutions in the region. Chief Operating Officer Atsushi Yoshikawa did not ...

  • Japan watchdog Nuclear plant sits on active fault

    San Diego Union-Tribune - Wednesday 22nd May, 2013

    TOKYO -; Japan's nuclear watchdog on Wednesday endorsed a panel's conclusion that a seismic fault running underneath one of two reactors at an atomic plant in western Japan is active, making the reactor's restart virtually ...

  • Death toll rises to 23 in China factory blast

    San Diego Union-Tribune - Wednesday 22nd May, 2013

    The blast was so strong that 10 of those killed could only be identified by their DNA. Experts from the State Administration of Work Safety have been sent to the factory and are investigating the cause of the ...

  • Investors edgy ahead of Bernanke testimony

    San Diego Union-Tribune - Wednesday 22nd May, 2013

    LONDON -; Investors were edgy Wednesday ahead of the appearance of U.S. Federal Reserve chairman Ben Bernanke before lawmakers in ...

  • Pakistan court rejects Musharraf bail in judges case

    Times of India - Wednesday 22nd May, 2013

    Pervez Musharraf over the detention of judges during his 1999-2008 rule, the state prosecutor said. The ruling came two days after a court granted bail to Musharraf over the murder of former prime ...

  • Asia Fuel Oil-Cash market sluggish eye on July supply flows

    Yahoo - Wednesday 22nd May, 2013

    SINGAPORE, May 22 (Reuters) - Asia fuel oil cash premiums remained sluggish on Wednesday on oversupply, but there was growing consensus among traders that arbitrage flows in the backend of June would be thin, providing a floor for prices. Asia cash premiums for the 380-centistoke (cst) benchmark for the marine fuels market were pegged at 25 cents a tonne, steady to levels seen in ...

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