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Scandal roils Brazil meat sector; China, South Korea suspend imports

By Brad Brooks and Dominique PattonSAO PAULO/BEIJING (Reuters) - Fallout from a corruption scandal in Brazil's massive meat industry spread on Monday, with China...

Interview: UAE wants closer trade ties with Asia, Africa

By Alexander CornwellDUBAI (Reuters) - The United Arab Emirates, one of the Middle East's largest economies, wants to expand trade ties with faster growing...

China's ZTE pleads guilty, settles with U.S. over Iran, North Korea...

By Karen FreifeldNEW YORK (Reuters) - Chinese telecom equipment maker ZTE Corp <000063.SZ> has agreed to pay $ 892 million and plead guilty...

Samsung chief's 'trial of the century' to start next week

SEOUL (Reuters) - Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday, a court said, amid a...

TOYO awarded FEED, EPC projects in Indonesia

 Toyo Engineering Korea Limited, Korean subsidiary of Toyo Engineering group, has been awarded the Front End Engineering Design (FEED) Contract for a new polyethylene...

Lockheed says in talks with Spain, Belgium, others on buying F-35s

By Jamie FreedAVALON, Australia (Reuters) - Lockheed Martin Corp said on Friday it was talking to the governments of Spain, Switzerland and Belgium about...

First planned N.Korea-U.S. contact in Trump administration cancelled – WSJ

(Adds comment from U.S. State Dept official)SEOUL, Feb 25 (Reuters) - Plans for the first contact between North Korea and the United States after...

Switzerland's ABB hit by $100 million South Korean fraud

By John RevillZURICH (Reuters) - Swiss engineering group ABB (ABBN.S) revealed the discovery of what it called a "sophisticated criminal scheme" in its South...

Tight supply boosts CFR China, FOB Korea propylene to 22-month high

The FOB Korea marker in the propylene market hit a 22-month high Thursday, as the marker was assessed at $1,000/mt. The last time the marker...

Samsung chief Lee arrested in corruption investigation

By Hyunjoo JinSEOUL (Reuters) - Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal...

Higher dollar and equities weigh on gold

By Pratima Desai(Reuters) - Gold prices slipped on Monday as the dollar rose and equities climbed, but political and economic uncertainty in the United...

Northeast Asia-Southeast Asia ethylene price spread hits record high

The spread between Northeast Asia and Southeast Asia ethylene prices widened $30/mt day on day to hit a record high of plus $175/mt Wednesday,...

Chinese ping rubber to 5yr high

First, Chinese speculators came for coking coal and iron ore, catapulting markets into orbit. Now, they're carpetbagging a different commodity, pushing it to its...

India extends temporary safeguard duties on some steel products by two...

The government has extended provisional anti-dumping duties on hot-rolled and cold-rolled flat products of alloy or non-alloy steel by a further two months, in...

Asia BD may resume uptrend on strong Chinese demand

SINGAPORE (ICIS)--Spot butadiene (BD) prices in Asia may resume their upward trend, driven by strong post-holiday demand in the key China market, industry sources...