Tuesday 9 February 2016
 
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Asian

Asian imports of Iran oil plunge 18pc

Asian imports of Iranian oil fell 18 per cent in December from a year earlier, as Iran's biggest crude buyers refrained from increasing their purchases before sanctions were lifted as part of an agreement on Tehran's disputed nuclear p

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Asian imports of Iran oil plunge 18pc

Asian imports of Iranian oil fell 18 per cent in December from a year earlier, as Iran's biggest crude buyers refrained from increasing their purchases before sanctions were lifted as part of an agreement on Tehran's disputed nuclear p

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Asian shares hang on to gains, commodities battered

Asian shares were set to hold on to this week's gains, while the dollar took a breather on Friday after stepping back from seven-month highs as investors grappled with the prospects of higher US borrowing costs and slower global economic g

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Asian shares skid as commodities revisit 6-year lows

Asian shares slumped on Friday after commodity prices plunged to multi-year lows on worries that slower global growth may worsen a supply glut, while US Federal Reserve officials kept beating the drum for a rate hike next month. &

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NIMR launches military vehicles in Asian market

UAE-based NIMR Automotive, a major manufacturer of light and medium weight wheeled military vehicles, has launched its award-winning, combat-proven military vehicles into the Asian market. NIMR is a subsidiary of Emirates Defence

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Saudi pricing shows oil volatility in action amid oversupply

Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market is far from over.   Saudi Aramco, the kingdom's state-owne

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China factory data posts sharpest fall in 6 years

Flagging demand dragged China's giant factory sector into its sharpest contraction in 6-1/2 years in September, a private survey showed on Wednesday, triggering a flight to safety in Asian markets. The bleak data came after th

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Asian shares edge up, dollar soft as Fed stands pat

Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China.   The d

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Asian camel keeper dies by lightning in Al Ain

An Asian 'camel keeper' died Friday (August 28) evening after being struck by lightning, in Ghashabah area in Al Ain, while using the phone.   Colonel Mohammed Al Ameri, head of the Emergency and Public S

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Bahrain forum focuses on doubling Asian investment

A new business and investment forum focusing on cutting bureaucratic red tape and addressing unequal treatment is expected to potentially double Asian investment in Bahrain. Bahrain Asian Traders Committee (BATC) head Mohammed Saj

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