12082016Thu
Last update: Thu, 08 Dec 2016 05am

South Asia

World - South Asia

Iran signs major gas deal with France's Total TEHRAN: Iran signed a deal with France's Total on Tuesday to develop a major offshore gas field, its first big contract with a Western energy firm since the lifting of sanctions.Total will lead a consortium also including China National Petroleum Corporation and Iran's Petropars to develop Phase 11 of the South Pars field. The firm's head of Middle East exploration and production, Stephane Michel, said there would be a total investment of $4.8 billion (4.3 billion euros) -- with the development and operation of the project due to last 20 years. The companies signed a memorandum of understanding in Tehran on Tuesday, and the final agreement will be signed early next year, Michel said. It is the first deal of its kind since most international sanctions were lifed in January under a nuclear deal with world powers.It marked the return to Iran of Total, four years after the company pulled ...

World - South Asia

UK's May says ‘citizen of the world’ criticism was aimed at firms NEW DELHI: British Prime Minister Theresa May said criticisms she made last month about "citizens of the world" were aimed at company executives and firms that did not pay taxes. Newspapers have said Bank of England Governor Mark Carney felt the comments were aimed at him. May's criticisms were made in a speech at her Conservative Party's annual conference in October in which she also noted the "bad side-effects" of the BoE's low interest rates. ...

World - South Asia

Delhi shuts schools as smog sparks health 'emergency' NEW DELHI: Authorities in Delhi on Monday closed schools, halted construction work and shut down a major power plant after days of choking smog led to warnings of a health "emergency" in the world's most polluted capital.Pollution levels have spiked in recent days as farmers in neighbouring Indian states burn crop stubble after the harvest and temperatures cool, trapping pollutants in a smoggy haze over the city.Delhi's air quality generally worsens with the onset of ...

World - South Asia

UK PM May says can deepen India trade ties before leaving EU NEW DELHI: Britain should not wait until it leaves the European Union to develop deeper trade ties with India, Prime Minister Theresa May said in New Delhi on Monday, promising to ease access for Indian business travellers but not for its students.Making her first visit to India since taking office in July, May described the potential of the British-Indian relationship as "limitless" and announced a scheme to make it quicker and easier for Indian business ...

World - South Asia

Tourism boom threatens Vietnam's 'Tonkinese Alps' SAPA: At the top of Vietnam's Fansipan Mountain, throngs of giddy tourists wielding selfie sticks jostle for a photo op on the once-remote peak in the Sapa region, famed for its breathtaking views across undulating rice terraces.Getting to the top traditionally takes a two-day trek but these days most visitors opt for a 20-minute ride by cable car instead -- the latest flashy tourist attraction to heighten concerns over rapid development destroying Sapa's natural beauty.Known ...

World - South Asia

Japan protests as China ships sail near disputed isles TOKYO: Japan protested to China Sunday after Chinese coast guard ships sailed into territorial waters of disputed islands in the East China Sea, Tokyo said.Four Chinese vessels entered the waters surrounding the islets, called the Senkaku in Japan and the Diaoyu in China, around 10:00 am local time (0100 GMT), according to Japan Coast Guard.They left the territorial waters within two hours, the coast guard said.The two countries are locked in a long-running dispute over ...

World - South Asia

Hong Kong police use pepper spray at anti-China protest HONG KONG: Hong Kong police used pepper spray Sunday to drive back hundreds of protesters angry at China's decision to intervene in a row over whether two pro-independence lawmakers should be barred from the city's legislature.In chaotic scenes reminiscent of mass pro-democracy protests in 2014, demonstrators charged metal fences set up by police outside China's liaison office in the semi-autonomous city.Protesters used umbrellas to shield themselves from the spray as they tried to approach the ...