JAKARTA (Reuters) – Indonesian government said on Tuesday there was a strong indication of a safety procedure violation that led to a fire at a nickel smelter on Sulawesi island that killed 21 workers. A fire broke out on Dec. 24 at a furnace in a smelter operated by Tsingshan Stainless Steel Indonesia, located in …
Indonesia says ‘strong indication’ of safety procedure violation in nickel fire Read More »
BEIJING (Reuters) – Around 1,000 tourists remain stranded in a remote holiday village after avalanches hit China’s northwestern Xinjiang region with metres-high snow and fickle weather impeding evacuation, state TV reported on Tuesday. Road access to Hemu village, a scenic destination near the borders of Kazakhstan, Russia and Mongolia where the tourists were trapped, has …
About 1,000 tourists trapped in China’s Xinjiang after avalanches Read More »
BEIJING (Reuters) – Hu Haifeng, son of former Chinese President Hu Jintao, was appointed on Tuesday by the cabinet as a vice minister of civil affairs, making a leap into the senior ranks of the central government from a small city in an eastern province. Prior to his central government appointment based in Beijing, Hu, …
Former Chinese president’s son becomes a vice minister Read More »
MUMBAI (Reuters) -India’s Shriram Finance plans to raise funds through U.S. dollar denominated bonds maturing in three years and three months, two merchant bankers said on Tuesday. The funds will be used to support social projects and other activities allowed under the Reserve Bank of India’s external commercial borrowing guidelines, a term sheet showed. The …
Shriram Finance to issue over 3-yr dollar denominated bonds – bankers Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares fell on Tuesday, dragged by a pullback in high-weightage IT stocks after a recent rally, while investors awaited the results of top private lender HDFC Bank. The blue-chip NSE Nifty 50 shed 0.29% to 22,032.30 points, while the S&P BSE Sensex lost 0.27% to 73,128.77. Both the benchmarks …
IT drags Indian shares after recent rally; HDFC Bank results eyed Read More »
BEIJING/MANILA (Reuters) -China summoned the ambassador from the Philippines on Tuesday and warned the country “not to play with fire” after President Ferdinand Marcos Jr congratulated Taiwan’s president-elect Lai Ching-te on his election victory. China was “strongly dissatisfied with and resolutely opposes these remarks,” its foreign ministry spokesperson said, referring to Marcos congratulating Lai on …
China warns Philippines not to ‘play with fire’ over president’s Taiwan remarks Read More »
BENGALURU (Reuters) – India’s Jindal SAW on Tuesday reported an over twofold growth in its third-quarter profit, as demand in the Middle East and North Africa (MENA) region remained steady and its order book grew. The company posted a consolidated profit after tax of 5.32 billion rupees ($64.1 million) for the quarter ended Dec. 31, …
India’s Jindal SAW posts twofold growth in Q3 profit; order book swells Read More »
By Ben Blanchard TAIPEI (Reuters) -The U.S. official who heads the body that handles unofficial ties with Taiwan on Tuesday decried Nauru’s “unfortunate” decision to break ties with Taipei shortly after an election and warned that Beijing’s promises often go unfulfilled. The Pacific, where tiny Nauru is located, has become a source of intense competition …
US decries Nauru’s ‘unfortunate’ ditching of Taiwan, warns on China’s promises Read More »
By Asif Shahzad ISLAMABAD (Reuters) – The party of former Pakistan prime minister Imran Khan has been stripped of its traditional electoral symbol of a cricket bat in a court ruling, the latest blow to the jailed leader ahead of a national election in February. Here are some facts about the significance of electoral symbols …
Factbox-Pakistan election symbols and their importance Read More »
BENGALURU (Reuters) – Maruti Suzuki India, the country’s top car maker, on Tuesday hiked prices of its models by 0.45%, far lower than its hike in January last year, signalling a slowdown in the demand for its cars. Maruti and its peers had said towards the end of 2023 that they planned to hike prices …
India’s Maruti Suzuki hikes prices across models Read More »
