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China probes official of state-owned insurance firm for graft

BEIJING, Dec 1 (Reuters) – China is investigating an executive at the China Export and Credit Insurance Corporation for graft, the ruling Communist Party’s corruption watchdog said on Sunday, making him the latest target of a widening corruption crackdown.



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Australia shares seen opening higher with eyes on local data and rate decision

SYDNEY, Nov 4 (Reuters) – Australian shares are likely to open higher on Monday on better-than-expected manufacturing data from the United States, while investors will watch for a slew of local economic data on the day and the Reserve Bank of Australia’s rate decision on Tuesday. * Local share price index futures rose 0.4 percent to 5,414.0, a 2.9-point premium to the underlying S&P/ASX 200 index close. The benchmark slipped 0.3 percent on Friday, but ended the month 4 percent higher to



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Turkey says aware of Iraqi concern on Kurdish oil projects

ANKARA, Nov 1 (Reuters) – Turkey is aware of Iraq’s concerns about Iraqi Kurdistan’s energy projects and will take them into account, Turkish Energy Minister Taner Yildiz said on Friday, after the semi-autonomous region said it would build a second oil pipeline to Turkey.

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