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LAST_UPDATESun, 23 Jul 2017 8pm

Oil Down Slightly In Subdued Trade After Failed North Korean Missile Test

Pic: Reuters

Crude oil futures fell slightly in quiet trading on Monday, after a three-day Easter break, as investors digested a third consecutive weekly gain in prices along with North Korea's failed missile launch on Sunday.

Read more: Oil Down Slightly In Subdued Trade After Failed North Korean Missile Test

South Korea Pension Fund Accepts Daewoo Shipbuilding Bailout Proposal

Photo: Reuters

A South Korean pension fund on Monday accepted a debt-to-equity swap proposal for bondholders of troubled Daewoo Shipbuilding & Marine Engineering (042660.KS), greenlighting the country's latest plan to bail out the world's largest shipbuilder.

Read more: South Korea Pension Fund Accepts Daewoo Shipbuilding Bailout Proposal

MAS Airline Dedicated For Haj/Umrah To Start Flying Pilgrims By End-2018

Pic: BernamaKUALA LUMPUR: Malaysia Airlines' new dedicated carrier for its Haj and Umrah flights is expected to begin operations by the end of next year, said MAS Chief Executive Officer, Peter Bellew.

Read more: MAS Airline Dedicated For Haj/Umrah To Start Flying Pilgrims By End-2018

Saudi To Shelve, Reform Billions Of Dollars Of Unfinished Projects - Sources

Pic: ReutersRIYADH: Saudi Arabia's government is ordering its ministries and agencies to review billions of dollars' worth of unfinished infrastructure and economic development projects with a view to shelving or restructuring them, government sources said.

Read more: Saudi To Shelve, Reform Billions Of Dollars Of Unfinished Projects - Sources

Asia Stocks, Dollar Under Pressure After Soft U.S. Data

Pic: Reuters

TOKYO: Shares dipped on Monday while the dollar and U.S. bond yields fell after soft U.S. economic data hurt investor sentiment already frayed by worries over North Korea and upcoming French elections.

Read more: Asia Stocks, Dollar Under Pressure After Soft U.S. Data

Petronas To Expand LNG Portfolio In China

Pic: BernamaKUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is set to expand its liquefied natural gas (LNG) business in China, extending its reach to the country s southern region while looking to expand the volume of supply to its existing buyers.

Read more: Petronas To Expand LNG Portfolio In China

Dollar At Five-Month Low Vs Yen On Increasing North Korea Tensions

Pic: Reuters

TOKYO: The dollar dipped to a five-month low against the yen early on Monday as rising tensions over North Korea kept the safe-haven Japanese currency in demand.

Read more: Dollar At Five-Month Low Vs Yen On Increasing North Korea Tensions

United Airlines Changes Policy After 'Horrific' Passenger Ordeal

United Airlines is changing its policy on giving staff last-minute seats on full flights after a man was dragged screaming from an overbooked plane.

Read more: United Airlines Changes Policy After 'Horrific' Passenger Ordeal

VW Says Has Bought, Fixed More Than Half Of Polluting 2.0-Liter Diesels In U.S.

Pic: ReutersWASHINGTON: Volkswagen AG said on Friday the company has bought back or repaired more than half of 475,000 polluting 2.0-liter diesel vehicles under a U.S. government settlement, just six months after it launched the largest-ever automotive repurchase offer.

Read more: VW Says Has Bought, Fixed More Than Half Of Polluting 2.0-Liter Diesels In U.S.

Most Oil Producers Want Extension Of Output Cuts: Iran Minister

Pic: Reuters

Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian Oil Minister Bijan Zanganeh was quoted as saying.

Read more: Most Oil Producers Want Extension Of Output Cuts: Iran Minister