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14 December, 2018 6:55 PM US "In No Hurry" Over North Korea Nuclear Negotiations, Says Donald Trump

US President Donald Trump played down hopes Friday for any imminent deal to persuade North Korea to give up its nuclear arsenal. "Many people have asked how we are doing in our negotiations with North Korea -- I always reply by saying we are in no hurry," he tweeted. But Trump also expressed optimism, saying North Korea's economy has "wonderful potential" 93

13 December, 2018 5:01 AM Huawei's Troubles Spell Opportunity for Samsung as 5G Nears

Growing security concerns surrounding Huawei Technologies may help Samsung Electronics challenge the Chinese behemoth in the market for fifth-generation wireless communications, an executive at the South Korean giant said. While Samsung remains the world's biggest smartphone and semiconductor maker, Huawei dominates networking by a large margin. But its market 77

12 December, 2018 2:39 AM Trump Administration's Move On Pak Religious Freedom Courageous: Lawmaker

"This designation gives hope and voice to the suffering Shia, Christian, Hindu, Ahmadi, and other minority citizens, whose very presence counters religious extremism in Pakistan," Congressman Chris Smith said. The Trump Administration's move to downgrade Pakistan as a country of particular concern was a courageous one, an influential US lawmaker said on Tuesday 53

10 December, 2018 1:01 AM "I Can't Breathe" Were Khashoggi's Final Words, Report Says

The transcript of the gruesome recording includes descriptions of Jamal Khashoggi struggling against his murderers, CNN said Jamal Khashoggi's final words were "I can't breathe," CNN said Sunday, citing a source who has read the transcript of an audio tape of the final moments before the journalist's murder. The source told the US network the transcript 94

7 December, 2018 4:45 PM Larry Kudlow says does not see Huawei issue spilling into trade talks with China: CNBC

Kudlow said Huawei had been warned for "quite some time" about violations on Iran sanctions, but added he remains optimistic about the trade talks. White House economic adviser Larry Kudlow told CNBC on December 7 that he does not see the recent controversy surrounding China's Huawei Technologies spilling into the trade talks between the United States 83

7 December, 2018 2:27 AM HPCL to buy Iranian oil in January after 6-month gap: Report

State-run Indian oil refiner Hindustan Petroleum Corp will buy Iranian crude in January after a gap of six months, with the nation's overall purchases from Tehran at 9 million barrels in the month, four industry sources said. The United States in early November granted India a six-month waiver from sanctions against Iran's oil exports. Under the agreement 65

3 December, 2018 6:55 AM Crude reality remains restricted to demand-supply, even as OPEC meets on December 6

In the upcoming meeting of OPEC on December 6, it is widely believed that Saudi Arabia may not cut its crude oil production by much, if at all It is estimated that a $10 per barrel increase in crude oil prices increases the current account deficit of India by $15 billion, or around 0.50 percent of GDP. Rising crude oil prices have also a profuse knock-on 33

3 December, 2018 5:46 AM Ban Ki-moon urges North Korea to take denuclearization steps

Former UN Secretary-General Ban Ki-moon has urged North Korean leader Kim Jong Un to take concrete steps toward complete denuclearization and gain the trust of the international community if he wants sanctions lifted. Ban told The Associated Press on Monday that "this is the time" to achieve North Korea's denuclearization after nearly a quarter century 45

17 November, 2018 11:09 AM Hassan Rouhani sees Iran-Iraq trade rising to $20 billion per year from $12 billion

Iranian President Hassan Rouhani said on November 17 that Iran and Iraq could raise annual bilateral trade to $20 billion from the current level of $12 billion. Rouhani's remarks, in a meeting with visiting Iraqi President Barham Salih, came about two weeks after the United States restored sanctions targeting Iran key oil industry as well as its banking 172

11 November, 2018 7:55 PM Iran sells more oil to private exporters to bypass US curbs

Dubai: Iran sold 700,000 barrels of crude oil to private companies for export on Sunday in a second round of sales aimed at countering US sanctions on the country`s exports, oil ministry news website SHANA reported. Three unnamed companies paid $64.97 per barrel for two crude shipments of 245,000 barrels each and one shipment of 210,000 barrels, which 98