Suez Canal ship traffic unaffected after tanker collision

Suez Canal ship traffic unaffected after tanker collision

CAIRO, Aug 23 (Reuters) – Shipping traffic was flowing normally on Egypt’s Suez Canal on Wednesday, two shipping sources based in the country said, after two tankers that collided earlier were separated. The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided in … Read more

TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP

TotalEnergies and INPEX to buy 100% of Timor Sea gas field interest from PTTEP

The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights PARIS, Aug 21 (Reuters) – France’s TotalEnergies (TTEF.PA) on Monday said it had teamed up with Japanese peer INPEX (1605.T) to acquire … Read more

At Camp David, US, South Korea and Japan condemn China, agree to deepen military ties

At Camp David, US, South Korea and Japan condemn China, agree to deepen military ties

CAMP DAVID, Maryland, Aug 18 (Reuters) – U.S. President Joe Biden and the leaders of South Korea and Japan agreed at Camp David on Friday to deepen military and economic cooperation and made their strongest joint condemnation yet of “dangerous and aggressive behavior” by China in the South China Sea. The Biden administration held the … Read more

Asia stocks stall, yuan slips as China cuts rates

Asia stocks stall, yuan slips as China cuts rates

A woman walks past a man examining an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou/File Photo China cuts short-term rates Japan GDP beats expectations, Nikkei jumps MSCI Asia ex-Japan index falls 0.2% SYDNEY, Aug 15 (Reuters) – Asian stockmarkets were pinned near one-month … Read more

Domino effect: India rice export ban puts market on edge for copycat curbs

Domino effect: India rice export ban puts market on edge for copycat curbs

India’s rice export ban leaves 10 mln T of world supply gap Rival rice suppliers could raise exports by 3 mln T Other producers may limit exports as local prices rally Tighter global supplies to heighten food inflation worries MUMBAI, Aug 11 (Reuters) – India’s rice export ban has the world market bracing for similar … Read more

Son of Spanish actor detained in Thailand in grisly murder case

Son of Spanish actor detained in Thailand in grisly murder case

[1/3]Daniel Sancho Bronchal, the son of Spanish actor Rodolfo Sancho Aguirre is escorted while assisting Thai police with investigations after he was arrested on charges of murder in the death and dismemberment of his Colombian travelling companion Edwin Arrieta Arteaga on the tourist island of Koh… Read more BANGKOK, Aug 7 (Reuters) – The son … Read more

US should extend EV tax benefits to Vietnam, says business lobby

US should extend EV tax benefits to Vietnam, says business lobby

People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo WASHINGTON, Aug 3 (Reuters) – The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark … Read more

Myanmar junta pardons former leader Suu Kyi for five offences

Myanmar junta pardons former leader Suu Kyi for five offences

Aug 1 (Reuters) – Myanmar’s former leader Aung San Suu Kyi has been pardoned on five of the 19 offences for which she was convicted and jailed for a total of 33 years, state media and an informed source reported on Tuesday. The pardons would mean a reduction in her jail term of six years, … Read more

Asia stocks near 16-month peak on economic optimism, Aussie eases before RBA

Asia stocks near 16-month peak on economic optimism, Aussie eases before RBA

TOKYO, Aug 1 (Reuters) – Asian stocks edged toward a sixteen-month peak on Tuesday and oil held near recent highs as investors began to find more cause for cheer over global economic prospects than reasons to worry, even as data showed risks remain. The dollar hit a three-week high against the yen as investors continued … Read more