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  • islamic finance

    Pakistan’s Islamic Insurance Rules In Limbo After Court Hearing

    Pakistan's conventional insurance firms will have to wait a few more weeks to learn if they can open takaful, or Islamic insurance, windows after a state court on Thursday adjourned a case challenging new regulations for the sector.

    August 19, 2012 8:07
  • airberlin1

    Air Berlin to sell planes as finances crumble

    Aims to strongly improve earnings this year; Expects a profit from sale of 8 planes; Still seeks return to profit in 2013; Shares down 1.2 percent

    August 15, 2012 5:10
  • stanchart

    StanChart works on joint deal with us agencies

    Negotiations accelerate with other agencies after NY deal; Bank plans collective deal; Slump in share price had pushed bank to strike deal; Role of regulators called into question by shareholders; Shares rise 4.7 percent in London on Tuesday

    August 15, 2012 5:08
 
  • BRENT CRUDE OIL

    Brent steady above $113 ahead of key Europe, U.S. data

    Asian shares steady in ranges before U.S., euro zone numbers; U.S. crude stocks seen down on lower imports, falling for third week; Brent looks neutral in $113.14-$114.68 range

    August 14, 2012 12:00
  • Guided-missile destroyer USS Porter(DDG 78) is seen in this handout picture after a collision with the Japanese owned bulk oil tanker M/V Otowasan in the Strait of Hormuz

    Strait of Hormuz open after tanker, US navy ship collide

    An oil tanker collided with a U.S. Navy ship near the Strait of Hormuz on Sunday but no one was hurt and shipping traffic in the waterway, through which 40 percent of the world's seaborne oil exports pass, was not affected, officials said.

    August 13, 2012 11:30
  • Qatar-keeps-July-crude-supply-to-Asia-steady

    Asian oil buyers help Iran stave off the worst, for now

    Asian imports of Iran oil may edge up, but will level by year-end; Japan, China, India and South Korea buy most of Iran's oil exports; Iran exports at risk due to possible fresh sanctions

    August 13, 2012 10:18
 
  • Ample-Middle-East-crude-seen-to-curb-Urals-flow-to-Asia

    Brent hits 3-month top above $114 on supply worries

    All threats "dwarfed" by Iran nuclear work - Israel PM; Asian shares steady, growth worries limit gains; Brent to drop back to $111.31 -technicals

    August 13, 2012 10:17
  • porter airlines

    Canada’s Porter Airlines partners with Qatar Airways

    Porter Airlines, a small, short-haul Canadian airline, said on Wednesday it has signed an interline partnership agreement with Qatar Airways, Porter's first such venture. Porter's chief executive said it would seek more such deals.

    August 9, 2012 11:08
  • China ICBC

    China’s ICBC wins Saudi branch licence

    Saudi Arabia has decided to let Industrial and Commercial Bank of China, the largest Chinese commercial bank, open a branch in the country, a sign of growing economic ties between the world's top oil exporter and second-biggest oil consumer, local media said.

    August 8, 2012 4:24
 
  • South Korea April Iran crude imports

    South Korea to resume buying Iranian crude in September

    Will ask Iran to deliver the crude, cover insurance risk; Chinese, Indian buyers have also asked Iran to deliver; Korean deal almost reached, government source says; First cargo could arrive end September or early October; Asia's big-four buyers take over half of Iran's exports

    August 8, 2012 4:22
 
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