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  1. New restrictions on Iran

    Posted Jun 11th 2010, 12:00am by Staff Reporter

    ... Staff Writer World powers have finally agreed on sanctions against Iran for its nuclear programme. The new restrictions are against Iran's military and banking sectors, and ban Iran from mining uranium. The UN member states are going to monitor Iran's central bank to make sure it is not buying nuclear-sensitive material. Iran says it has the right to pursue ...

  2. Energy security a risky business with Iran

    Posted Dec 20th 2010, 12:00am by Paul Letters

    ... Paul Letters Despite China's long-standing ties to Iran, the rising Middle Eastern power is increasingly considered too risky- even for Beijing. In addition to the economic and energy security gains to be made from supporting a state rich in natural resources, China has in the past tried to position itself at the head of the developing world with Iran as a key ally. China ...

  3. HK holds ship tied to Iran blacklist

    Posted Dec 23rd 2010, 12:00am by Irene Jay Liu

    ... Irene Jay Liu and Chris Ip Hong Kong officials have detained a ship linked to Iranian companies which the United States blacklisted in order to punish Iran for its nuclear and weapons ... by the German-based HSH Nordbank, over alleged loan defaults totalling US$268 million. While the ship's detention was not directly caused by the international sanctions against Iran, the incident shows ...

  4. Rugby takes off in Iran thanks to friends in high places

    Posted Dec 12th 2010, 12:00am by Alvin Sallay

    ... Alvin Sallay Hossein Sadeghi is no ordinary guy. He has the ear of the most powerful man in Iran- President Mahmoud Ahmadinejad. And it helps to have people in high places when you are trying to push a sport that is alien to most Iranians. 'We fought together against Iraq,' says Sadeghi, president of the Iran Rugby Federation, who also holds the powerful position ...

  5. AIG sees US$180m paper profit on Iran-linked stake

    Posted Nov 26th 2010, 12:00am by Staff Reporter

    ... in a small Chinese company doing big business in heavily sanctioned Iran. The value of the embattled US insurer's minority stake in Chongqing-based Lifan Industry Group tripled to 1.81 billion ... a board seat and owns 13.5 per cent of Lifan, a small non-state firm that exports motorcycles to Iran, and also has a licensing agreement with a local Iranian company to assemble its cars from ...

  6. United front is best path of persuasion on Iran

    Posted Jun 14th 2010, 12:00am by Staff Reporter

    ... Iran's President Mahmood Ahmadinejad went to Shanghai last week to praise China, not to pour scorn on it for backing the latest round of United Nations sanctions on his country. He ... sanctions. Since China remains one of Iran's key international allies, that was seen as even more important than making capital out of opposition to the council resolution by Brazil and Turkey. ...

  7. AIG linked to Iran through China firm

    Posted Oct 15th 2010, 12:00am by Staff Reporter

    ... in heavily sanctioned Iran for Chinese-made cars and motorcycles. AIG, now 80.6 per cent-owned by the US government, is poised to reap tens of millions of dollars in proceeds from the planned Shanghai stock market listing of a small mainland car company doing big business in Iran, according to a South China Morning Post investigation. For more than a decade, US trade sanction ...

  8. Earnings jump 57pc at state-owned firms

    Posted Jul 17th 2010, 12:00am by Kandy Wong

    ... Net profit at mainland state-owned enterprises jumped 57.1 per cent in the first half to 927.6 billion yuan (HK$1.06 billion), driven by the lucrative nonferrous and power sectors, official figures showed yesterday. Revenue rose 40.9 per cent to 14.2 tril ...

  9. Answers needed on US-Iran spy saga

    Posted Jul 22nd 2010, 12:00am by Staff Reporter

    ... to say he would settle in the US. He also claimed the US authorities had asked him to say he was a spy so that he could be exchanged for three 'spies' caught in Iran. The US says those ...

  10. Live from Cannes

    Posted May 14th 2010, 12:00am by Staff Reporter

    ... Clarance Tsui Jury's out on Burton's less than presidential performance For all its glamour and glitz, Cannes has always been one of the most socially conscious film festivals and its organisers have stayed true to that tradition: two months ago ...




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