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WRAPUP 1-Soybean glut to hit China crush margins, may dent U.S. orders
Reuters* China's May-July soybean imports seen at record * Higher imports, weak demand to weigh on margins * Soymeal demand seen falling 15-20 pct, pinched by bird flu By Niu Shuping and Naveen Thukral BEIJING/SINGAPORE, May 8 (Reuters) - China, the world'...Tags: Beijing (China), China, Viral Diseases and Infections, Marubeni Corporation, Earnings Forecasts
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Singapore to host WTA Championships
ReutersSINGAPORE (Reuters) - Singapore will host the glittering annual finale of the women's tennis season from 2014 until 2018, the WTA said on Wednesday. The Southeast Asian city-state beat Tianjin in China and Mexico's Monterrey for the right to stage the...Tags: Mexico, Turkey, Maria Kirilenko, Wimbledon Championships, Entertainment
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Singapore's Wilmar Q1 net profit up 23 pct on oilseeds, grains
ReutersSINGAPORE, May 8 (Reuters) - Singapore palm oil firm Wilmar International Ltd reported a 23 percent rise in first-quarter net profit on Wednesday, largely due to a recovery in its oilseeds and grains segment. The company also said the bird flu outbreak...Tags: Petroleum Industry, Bird Flu
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Iran faces fresh trade heat as more shipping firms exit
Reuters* Iran reliant on shipping for many imports * Foreign firms seen fearing for global business ties By Jonathan Saul and Nidhi Verma LONDON/NEW DELHI, May 7 (Reuters) - Foreign container shipping lines are giving up on Iranian business ahead of new U.S....Tags: Science and Technology, Religion and Belief, National Defense Authorization Act, Islam, Iran
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INSIGHT:How Singapore's currency club fell apart
Reuters* Rate-setting scandals in US, London triggered review in Singapore * Review finds NDF traders colluding to manipulate currencies-Reuters * Banks fire dozens of traders, review continues * Traders say they had to "chat" to find "price discovery" *...Tags: UBS AG, Central Bank, Science and Technology, Indonesia, Vietnam
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FACTBOX-How the NDF market works
Reuters(Accompanies INSIGHT: How Singapore's currency club fell apart) May 7 (Reuters) - Non-deliverable forwards are used to hedge or speculate against currencies when exchange controls make it difficult for foreigners to trade in the spot market directly....Tags: Money and Monetary Policy, Credit Ratings, Book, Thomson Corporation, Currency Values
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FOREX-Dollar edges up vs yen, clings to post-jobs data gains
Reuters* Dollar hovers near 99 yen, focus on 100 yen resistance * U.S. jobs data boosts risk sentiment, weighs on yen * Dollar index stays well above last week's 2-month low By Masayuki Kitano SINGAPORE, May 6 (Reuters) - The dollar inched higher versus...Tags: Money and Monetary Policy, Mario Draghi, Credit Ratings, Finance, Japan
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ANALYSIS-Indonesia may shoot own-goal with DBS-Danamon decision
ReutersBy Saeed Azhar and Janeman Latul SINGAPORE/JAKARTA, May 6 (Reuters) - Indonesia is expected within days to give a green light to its biggest foreign bank takeover, but sources say the deal conditions are likely to send a very different signal: foreign...Tags: Central Bank, Banking, Indonesia, Financial Markets, Japan
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Banks in Singapore agonise over rich clients in tax evasion clampdown
ReutersBy Rachel Armstrong, Saeed Azhar and John O'Callaghan SINGAPORE, May 6 (Reuters) - Banks in Singapore are urgently scrutinising their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of...Tags: UBS AG, France, Business Enterprises, Banking, Restaurant and Catering Industry
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Japan, ASEAN to shore up financial ties to drive emerging Asia
ReutersBy Tetsushi Kajimoto GREATER NOIDA, India, May 3 (Reuters) - Japan has tapped its reserves to invest in bonds issued by major economies in Southeast Asia, Japan's Finance Minister Taro Aso said on Friday, part of a strategy aimed at strengthening...Tags: Central Bank, Indonesia, Tokyo (Japan), Malaysia, Economy, Business and Finance
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Insight: As economy flounders, Vietnam banks on debt cleanup
ReutersHANOI (Reuters) - When Nguyen Manh Hung's furniture company Phuc Luc was bustling, orders flew in from wealthy Vietnamese who sought his hand-crafted beds, cabinets and tables, netting him $25,000 a month after costs and wages for 35 staff. Two years...Tags: Central Bank, Financial Markets, Vietnam, Politics, Hanoi (Vietnam)
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FOREX-Euro nurses losses after ECB, focus turns to U.S. jobs data
Reuters* Euro steadies after Thursday's 0.9 pct drop * ECB Draghi's comments on deposit rates dents euro * Focus turns to U.S. jobs data due Friday By Masayuki Kitano SINGAPORE, May 3 (Reuters) - The euro inched higher versus the dollar on Friday,...Tags: Market and Exchange, Central Bank, Mario Draghi, Money and Monetary Policy, Foreign Exchange Market
May 8, 2013
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May 8, 2013
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May 7, 2013
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May 6, 2013
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May 5, 2013
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May 5, 2013
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May 3, 2013
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May 2, 2013
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May 2, 2013
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