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Japan to pass bill to insure Iran oil imports
's lower house is set to pass a bill on Friday to provide on insurance for Iranian crude cargoes, making it the first of 's big Asian buyers to find a way to keep the oil flowing in the face of tough new EU sanctions. takes effect on July 1 and includes a ban on EU insurance firms from covering ...
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South Korea limits Iran exports on payment concerns
mainly steel, cars and electronics - to reduce its risk of payment defaults as western sanctions disrupt exports, highlighting the growing risk of doing business with the Islamic Republic. The move to limit the trade exposure of Asia's fourth-largest economy, which sold $1.7 billion of goods in ...
Iran crude buyer Hyundai Oilbank drops $2 bln IPO plan
Hyundai Oilbank cites impact of euro zone crisis * Refiner is South Korea's biggest buyer of Iran crude * Latest in series of major Asian IPOs to be pulled or delayed * Company says will revive float when conditions improve (Adds details) SEOUL, June 15 (Reuters) - South Korean refiner Hyundai ...
Hyundai Oilbank shelves $2bn IPO
a in Seoul and Robert Cookson in Hong Kong/ Hyundai Oilbank has shelved its planned $2bn initial public offering due to Europe’s debt crisis and lower risk appetite in global stock markets. “We’ve decided to suspend the offering due to uncertainties over the IPO’s success as the euro zone crisis ...
Iranian Events Around the World
We process 500-1000 new events every month using data robots and user/advertiser submissions, and then list them on local maps in bilingual ...
Japan lower house passes bill to insure Iran oil imports
Japan's lower house passed a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, a key step towards it becoming the first of Iran's big Asian oil buyers to get round new European Union sanctions. The bill will now be sent to the upper house, where opposition ...
South Korea shipping companies suspend Iran oil imports
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South Korea limits Iran exports on payment concerns
"Temporary" export ceiling measure started on June 12 * More details to be set if EU insurance issues finalised * New deals to be approved only if payment period within 180 days * Japan's lower house to pass bill to insure Iran oil on Friday-report * To allow sovereign guarantee to continue Iran ...
