Taiwan sanctions Philippines despite apology
Taiwan on Wednesday slapped sanctions on the Philippines, including a ban on the hiring of new workers, rejecting an apology by President Benigno Aquino for the killing of a Taiwanese fisherman. Philippine coastguards shot dead the 65-year-old last week after they said his vessel illegally sailed into Philippine waters, and...
Manila to apologise to Taipei over fisherman’s shooting
Demonstrators shout anti-Philippine slogans at a rally outside Manila's de facto embassy in Taipei on Tuesday. Manila will send a senior envoy to Taiwan to apologise for the death of a fisherman killed by the Philippine coastguard, Taiwan's Foreign Minister David Lin said last night at a briefing attended by Antonio...
Asia Oil Traders Give Up Singapore Terminal Storage Tanks
Fox Business- January 02, 2013 After scrambling for years to secure space in Singapore's onshore oil storage tanks, some of the biggest fuel oil traders in Asia are giving up tanks or moving stocks offshore as a global shipping industry downturn makes leasing tankers more affordable. This shift follows a year in which many traders...
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