Reuters Asia

China’s low-sulphur marine fuel exports up 38% y/y in March; fuel oil imports hit decade-high

By Jeslyn Lerh SINGAPORE (Reuters) -China’s exports of low-sulphur marine fuels rose 38% in March from the previous year, while monthly fuel oil imports soared to a decade-high, General Administration of Customs data showed on Friday. The exports, measured mostly by sales from bonded storage for vessels plying international routes, totalled 1.95 million tonnes. Exports …

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Tensions over Karabakh rise after Azerbaijan blocks land route from Armenia

MOSCOW (Reuters) -Azerbaijan said on Sunday it had established a checkpoint on the only land route to the contested region of Nagorno-Karabakh, a step that was followed by claims of border shootings by both Azeri and Armenian forces. Nagorno-Karabakh is internationally recognised as part of Azerbaijan, but its 120,000 inhabitants are predominantly ethnic Armenians and …

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US ‘deeply concerned’ by Azerbaijan’s checkpoint on Lachin corridor bridge

By Kanishka Singh WASHINGTON (Reuters) – The U.S. government said it is “deeply concerned” by Azerbaijan establishing a checkpoint on the only land route to the contested region of Nagorno-Karabakh, saying it undermines efforts toward peace in the region. “The United States is deeply concerned that Azerbaijan’s establishment of a checkpoint on the Lachin corridor …

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HSBC shareholders should vote against Asia spinoff plan, advisor ISS says

LONDON (Reuters) – HSBC investors should vote against a resolution by its biggest shareholder Ping An, calling on the bank to consider strategic options including a spinoff of its Asia business, shareholder advisory group ISS said. The proposal by Ping An, over which the bank and the Chinese insurer have been arguing since last November, …

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Paris, Kyiv, Baltic states dismayed after China envoy questions Ukraine sovereignty

PARIS (Reuters) -France, Ukraine and the Baltic states of Estonia, Latvia and Lithuania expressed dismay after China’s ambassador in Paris questioned the sovereignty of former Soviet countries like Ukraine. Asked about his position on whether Crimea is part of Ukraine or not, Chinese ambassador Lu Shaye said in an interview aired on French television on …

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