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Latest South-East Asia Oil & Gas News

  • S'pore right in allowing currency to rise: ADB 25 Jul 2008 02:56 GMT
    ... right in allowing currency to rise: ADB SINGAPORE has taken the right approach in tackling ... featuring senior central bankers from Singapore, the Philippines and Indonesia, ING's chief Asia economist Tim Condon, and ...

  • Invitrogen Corp. Q2 2008 Earnings Call Transcript 25 Jul 2008 02:31 GMT
    ... Good day, ladies and gentlemen, and welcome to the ... at the very high growth markets of Korea, Singapore, India, and China, they have had very ...

  • (3rd LD) Hyundai Motor's Q2 profit dips 10.6 pct, outlook tough 25 Jul 2008 02:31 GMT
    ... (3rd LD) Hyundai Motor's Q2 profit dips 10.6 pct, ... higher sales. The near-term outlook for South Korea's largest automaker is grim, as it is likely ... the second-half of this year on high oil prices and a global economic downturn, analysts ...

  • The Carbon Curtain 25 Jul 2008 02:30 GMT
    ... What we really need from the climate modelers is an ... people in Russia, China, India, Indonesia and Vietnam say the planet is now entering a ... will get it from Russia, China, South Korea, Brazil, the Middle East and Japan. It ...

  • RP May imports up 11.3 pct vs yr ago 25 Jul 2008 02:30 GMT
    ... rallied over the past week. Reuters The Philippines' San Miguel surprised investors on Thursday with ... on Thursday as the recent decline in oil prices offset news about the possibility of ... overvalued against the regional units. Agence France-Presse SINGAPORE - Oil edged down to $124 on ...

  • South Korean market falls on profit taking 25 Jul 2008 02:30 GMT
    ... South Korean market falls on profit taking (RTTNews) - The ... troubling economic data and a rebound in oil prices prompted selling. At 9:06 p.m. ET, ...

  • Oil hovers over $125 after bouncing from 7-wk low 25 Jul 2008 02:30 GMT
    ... SINGAPORE, July 25 (Reuters) - Oil was little changed above $125 a barrel on Friday after short-covering a day ago ...

  • Philippines May imports up 11.3 percent, led by rice, oil; trade deficit widens 25 Jul 2008 02:30 GMT
    ... MANILA (Thomson Financial) - Philippine merchandise imports rose 11.3 ... year earlier as prices of rice and oil surged, outpacing the 2.3 percent increase in exports, ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • Price hikes stalled 25 Jul 2008 02:30 GMT
    ... and its implications on the public. MARKETS :Thailand and China offer the most attractive stock ... among 11 Asian markets, followed by the Philippines, said Stephen Corry, investment strategist for Merrill ... may have peaked and started coming down." Thai shares trade at about 9.8 times profit ...

  • Gold above 2-week low as oil bounces; platinum up 25 Jul 2008 02:28 GMT
    ... SINGAPORE (Reuters) - Gold gained on Friday as a rebound in oil prices restored its appeal as a hedge against inflation, while bargain hunting plucked platinum ...

  • Seoul shares fall as Samsung results disappoint 25 Jul 2008 02:28 GMT
    ... * Samsung Elec tumbles after disappointing Q2 results SEOUL, ... tumbled after reporting weaker-than-expected earnings, while higher oil prices put pressure on some transporters. Shares ... a peak is near," Kim added. The Korea Composite Stock Price Index was down 1.4 percent ...

  • Seoul shares surge on eased inflation woes 25 Jul 2008 02:27 GMT
    ... SEOUL, Jul 25, 2008 (Asia Pulse Data Source via COMTEX) -- South Korean stocks jumped more than 2 percent Thursday as ... uncertainty eased on a recent drop in oil prices, analysts said. The local currency rose ...

  • S. KOREA WORKING TO TAME INFLATION DESPITE OIL PRICE DECLINES 25 Jul 2008 02:27 GMT
    ... SEOUL, Jul 25, 2008 (AsiaPulse via COMTEX) -- Despite recent oil price declines, the South Korean government is not convinced the situation is stable and will accelerate efforts to curb inflation ...

  • BSP hints at more rate hikes 25 Jul 2008 02:27 GMT
    ... of the Foreign Correspondents Association of the Philippines (FOCAP) that they are after the movement ... credit crunch and the high and unstable oil and food prices resulting to a more difficult operating ... challenge so far is the surge of oil prices, although this has gone down to above ...

  • INDONESIA'S EXPORTS TIPPED TO FALL SHORT OF TARGET ON SLOWDOWN 25 Jul 2008 02:27 GMT
    ... JAKARTA, Jul 25, 2008 (AsiaPulse via COMTEX) -- Indonesia's non-oil/non-gas exports are expected to grow 8.98 per cent this year, falling short of the ...

  • KNOC consortium wins bid for Colombian oil field 25 Jul 2008 02:27 GMT
    ... SEOUL, Jul 25, 2008 (Asia Pulse Data Source via COMTEX) -- South Korea's state-run oil company said Thursday that a consortium comprised of it and two foreign firms has ...

  • Emerging Market FX Weekly - June 24, 2008 25 Jul 2008 02:27 GMT
    ... Jul 25, 2008 (DailyFX via COMTEX) -- Mexican Peso eyes ... gives up gains as political risks rise, Singapore Dollar weakens as CPI unexpectedly falls 0.3% ... Dollar falters on Paulson's comments and declining oil, South African Rand braces for volatility on ...

  • Daimler AG, Hyundai, AutoNation Sees Profits Fall 25 Jul 2008 02:23 GMT
    ... Daimler AG, Hyundai, AutoNation Sees Profits Fall DETROIT ... scale back production. The rising cost of oil and raw materials and the economic slowdown ... in revenue to $9.03 billion. The weakening Korean won was partly to blame, the Seoul, South ...

  • S.Korea won stable; investors shrug off GDP data 25 Jul 2008 02:20 GMT
    ... S.Korea won stable; investors shrug off GDP data SEOUL, ... tackle inflation offset weaker shares and higher oil prices. Currency market investors shrugged off data ...

  • Booming LNG demand helps boost BG Group 25 Jul 2008 02:19 GMT
    ... Booming LNG demand helps boost BG Group Published: ... liquefied natural gas market helped , the oil and gas company, almost double its earnings ... to other markets, including Taiwan, Japan, South Korea and Spain. Operating profit from LNG more than ...

  • Kia Motors Q2 OP triples, but comes below f'cast 25 Jul 2008 01:58 GMT
    ... SEOUL, July 25 (Reuters) - Kia Motors Corp (000270.KS: ... than tripled, but the numbers from South Korea's No.2 automaker missed market forecasts as higher marketing ... won profit forecast in the poll. Higher oil prices and worries about an economic slowdown, ...

  • Petrofac-IKPT bid for Gassi Touil LNG plant fails to meet set conditions 25 Jul 2008 01:58 GMT
    ... Petrofac, the UK-based oil and gas facilities service provider, together with Indonesia's IKPT, had earlier been confirmed at a public opening of bids as the lowest ...

  • US stocks face longer bear market as more tap nest eggs - analysis 25 Jul 2008 01:55 GMT
    ... housing and credit as well as record oil prices. The troubles hanging over the US ... rallied over the past week. Reuters The Philippines' San Miguel surprised investors on Thursday with ... overvalued against the regional units. Agence France-Presse SINGAPORE - Oil edged down to $124 on ...

  • Australia signs Thai air deal 25 Jul 2008 01:55 GMT
    ... Irish low-cost carrier Ryanair has refused to pay compensation ... shares. Singapore Airlines' bottom line, with the carrier reporting ... its fuel surcharge due to dramatically escalating oil prices. Virgin launches direct Sydney - Rockhampton ...

  • Environment chief scores Cabral's 'distorted' meaning of life 25 Jul 2008 01:49 GMT
    ... foster a “culture of peace” in the Philippines by incorporating peace education in the school ... were given top posts. abs-cbnNEWS.com Dealers of petroleum products admitted Wednesday that diesel, the fuel ...


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