Asia oil refining margins drop to two-year low as gasoline profit plunges

Asia oil refining margins drop to two-year low as gasoline profit plunges

SINGAPORE (Reuters) – Singapore refining margins, the benchmark for profitability among oil processors in Asia, fell to their lowest in two years, dragged down by lower gasoline margins as refiners have ramped up output after completing maintenance and as China stepped up exports. FILE PHOTO: An employee rides a bike on a road near refinery […]

Asia and the Pacific: Weekly Regional Humanitarian Snapshot (19 – 25 June 2018)

Asia and the Pacific: Weekly Regional Humanitarian Snapshot (19 – 25 June 2018)

AFGHANISTAN 1,600 new displacements have been reported in Afghanistan due to conflict in the past week.Displacements this year have been reported in 33 out of 34 provinces in the country, with the highest numbers in Faryab (22,250 people) and Kunduz (19,800 people.) 1,600 newly displaced In the past week, 530 people arrived in Qala-e-Naw City, […]

Jeremy Lin and his increasing role as a bridge to Asia

Jeremy Lin and his increasing role as a bridge to Asia

Jeremy Lin was at the Prudential Center in Newark this weekend, where he made a surprise visit to KCON, a festival of Korean music, aka K-Pop. Lin is a big fan of the music as well as someone who —increasingly, it appears— wants to use his celebrity to enhance all manner of Asian culture, break […]

Female expats doing well in Asia

Female expats doing well in Asia

Asia is a great place for expatriate women to progress in their careers and increase their earnings potential. Since the 1990s, female participation in the global workforce has been steady at about 40 per cent. More and more women are getting an education and have a broader choice of employment options, including working overseas. TO […]

Asia Stocks Post Worst Weekly Loss Since March Amid Trade Risks

Asia Stocks Post Worst Weekly Loss Since March Amid Trade Risks

Asian stocks were mixed, with the benchmark index posting its biggest weekly decline since late March on concerns over the outlook for global trade. The MSCI Asia Pacific Index fell 2.1 percent this week, the most since the week ended March 23. Japan’s Topix index slid 0.3 percent, while stocks in Hong Kong fell 0.2 […]

Thrilling Thursday – Asia Takes Trade War Seriously

Thrilling Thursday – Asia Takes Trade War Seriously

As long as you are quiet, the monsters can’t get you. While it’s a fun plot for a movie, it doesn’t play out very well as a trading premise and just because we choose to ignore problems, doesn’t mean they will go away – or leave us alone. The market was heading back up into […]

Newbie Among Asia's Private Banks to Ramp Up Hiring

Newbie Among Asia's Private Banks to Ramp Up Hiring

BOC Hong Kong (Holdings) Ltd., which broke into the ranks of the 20 biggest private banks in Asia four years after getting into the business, is stepping up its expansion in the region. Wendy Tsang, managing director at BOC Hong Kong Private Banking, said in an interview last week that she’s aiming to boost the […]

The China puzzle in Asia

The China puzzle in Asia

China is rising! This remarkable event, which is hardly surprising because the process has been underway for at least forty years, is causing great excitement in Australia and elsewhere. In some circles, China’s strong economic growth and international activities have given rise to much concern. One prominent diagram in the Australian Government’s 2017 Foreign Policy White Paper, for example, suggested that by […]

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