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Freeport questions Indonesia's demand for smelter deposit

BY Reuters |

Indonesia's demand that Freeport McMoRan Inc pay a deposit for a new smelter to continue exporting copper concentrate is "inconsistent" with an agreement reached between the two sides in mid-2014, the firm's CEO said.
Malaysian PM cleared of graft after funds in account declared a Saudi gift

BY Reuters |

Malaysia's attorney-general cleared Prime Minister Najib Razak of any criminal offences or corruption, closing investigations into a murky multi-million-dollar funding scandal that his opponents had hoped would bring him down.
Thai Beverage says F&N bids for Peroni, Grolsch beer brands

BY Reuters |

Thai Beverage has used its Singapore-listed unit Fraser and Neave to bid for SABMiller's Peroni and Grolsch beer brands, the Thai firm's Chief Executive Thapana Sirivadhanabhakdi said.
Trafigura trades first Singapore LNG derivatives contract

BY Reuters |

Singapore Exchange said on Monday that European trading house Trafigura and locally based Pavilion Gas made the first trade of a just-launched derivatives contract for liquefied natural gas (LNG).
Reform uncertainty in Vietnam after PM left off leadership nominations

BY Reuters |

As Vietnam's Communist Party opens its five-yearly Congress, the country's progressive prime minister is headed for the political wilderness, an unexpected development that clouds the outlook for reform of the fast-growing economy.
Small Dubai trader says mistakenly targeted by U.S. sanctions on Iran

BY Reuters |

A Dubai-based Iranian businessman blacklisted in new U.S. sanctions over Iran's ballistic missile program said on Monday that he and his small company with just a single employee had been targeted by mistake.
Indonesia 'to be more open to tourism FDI'

BY Reuters |

Indonesia will allow foreign investors to own a bigger proportion in the tourism sector in the latest revision of the "negative investment list", the chief of its investment board said on Wednesday.
Indonesia 'to give Freeport divestment verdict in March'

BY Reuters |

Indonesia will reach a decision on whether to accept Freeport McMoRan Inc's $1.7 billion divestment price for its unit in the country by the end of the first quarter, a mines ministry official said on Wednesday.
Airbus plan heralds Iran boom after sanctions lifted

BY Reuters |

A purchase of more than 100 aircraft from Europe's Airbus may be one of Iran's first big deals in a trade and investment boom that could reshape the economy of the Middle East.
UAE's Masdar to invest $300 mln in Jordan solar project

BY Reuters |

Abu Dhabi green energy firm Masdar is investing around $300 million in a solar power project in Jordan, with more investments planned across the Middle East and North Africa, its chief executive told Reuters on Tuesday.