Saturday 1 August 2015
 
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Asia

Asia to lead in consumer deployment of 5G

Asian countries such as South Korea and Japan will be the leaders in commercialising 5G, edging out their US and European counterparts, according to a new analysis. A part of Frost & Sullivan’s Automotive & Transport

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Credit Suisse to focus on Asia push

Credit Suisse Group’s new chief executive Tidjane Thiam signalled a strategy shake-up yesterday (July 23), designed to focus on banking for the world’s wealthy, particularly in Asia, and away from riskier securities activities.

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First Iranian ship storing oil sails for Asia after nuke deal

An Iranian supertanker with two million barrels of oil is heading to Asia after sitting in Iranian waters for months, the first vessel storing crude offshore to sail after a nuclear deal this week, data showed on Thursday. Iran an

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Oil prices tumble over Iran nuclear deal

Oil prices tumbled more than a dollar on Tuesday as Iran and six global powers reached a nuclear deal that could see an easing of sanctions against Tehran and a gradual increase in its oil exports just as Asian economies showed further signs of

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Oil prices tumble over Iran nuclear deal

Oil prices tumbled more than a dollar on Tuesday as Iran and six global powers reached a nuclear deal that could see an easing of sanctions against Tehran and a gradual increase in its oil exports just as Asian economies showed further signs of

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Top Alba team visits Asian customers

A high-level delegation from Aluminium Bahrain (Alba), a major aluminium smelter, recently visited some of its key customers in Asia and Pacific region, a statement said. The delegation comprised Alba’s CEO Tim Murray, actin

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Asian building equipment market to hit $105bn by 2020

The construction equipment market in the Asia-Pacific region is expected to reach $105.6 billion over the next five years, registering a CAGR of 10.4 per cent, according to a report by ApacMarket.com. The equipment market includes

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Abu Dhabi Islamic eyes Asia, Mena acquisitions

Abu Dhabi Islamic Bank (ADIB), which recently failed in its bid for Citigroup's Egypt retail business, is targeting acquisitions in 2016 in Asia, the Middle East, and North Africa, its chief executive said. Tirad Al Mahmoud sa

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Asia oil refining margins hit 2015 low, Mideast supply to drag

Rallying oil refining margins have ground to a halt in Asia. Currently at a 2015 low, they could drop another 20-30 per cent this quarter, led by declining profits in diesel as supply from the Middle East adds to a global glut. &n

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Asian imports of Iran oil hit highest this year as nuclear talks drag

Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on Tehran's disputed nuclear programme.

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