Thursday 2 July 2015
 
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Asia

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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TeamQuest enters Asia Pacific market

TeamQuest, a leader in IT capacity planning and management solutions, has officially entered the Asia Pacific market via Hong Kong and Singapore. This marks a significant milestone for TeamQuest, as it seeks to fuel the region&rsq

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Cyberattacks target govt, military networks in Southeast Asia

A series of potentially state-sponsored cyberattacks targeting government and military organisations in countries throughout Southeast Asia was uncovered in a research by Palo Alto Networks, a leader in enterprise security. Discov

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Iraq raises July Basra crude OSP to Asia

Iraq increased its July official selling price (OSP) for Basra Light crude to Asia as expected, but a steeper than expected hike for Basra Heavy could weigh on the new grade.   Iraq set the July OSP for Basra Lig

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Facebook rolls out new Android app for emerging markets

Facebook rolled out a new Android app for its social media service that uses less data and runs faster in regions with spotty connections. The app, called Facebook Lite, is available in countries across Asia and will soon make its

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Saudi Arabia raises July Arab Light crude OSP to Asia

Saudi Aramco has raised its July price for its Arab Light grade for Asian customers by 60 cents a barrel versus June to set it at parity to the Oman/Dubai average, it said.    The company dropped its Arab Li

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Asia's resilient fuel demand vindicates Opec policy

Asian consumption of gasoline and other fuels has beaten expectations due to demand stemming from structural changes in the economies of Asia's biggest oil users, vindicating for now Opec's decision six months ago to keep its taps open.

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New Asia-Bahrain flight links to be established

Direct flights from Bahrain to five new destinations in Southern and Eastern Asia could soon be established, it has been revealed. Bahrain Airport Company chief executive Mohamed Yousif Al Binfalah told the Gulf Daily News (GD

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IWC, Asia Jewellers showcase Portofino collection in Bahrain

Swiss luxury watch manufacturer IWC Schaffhausen and its partner in Bahrain, Asia Jewellers, are jointly hosting an exhibition of the Portofino Midsize collection in Bahrain’s Moda Mall. The seven-day travelling exhibition,

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Oil prices edge up on firm Asian, US demand

Crude oil futures edged up on Monday, buoyed by healthy Asian appetite and demand from the US driving season. Front-month Brent crude prices had gained 2 cents to $65.39 per barrel by 0312 GMT. US crude prices were up 14 cents at

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