India ready to start Iran oil cash transfer after deal

(Reuters) - India could step up imports from Iran next month and start transferring billions of dollars owed it for oil as early as next week following a deal to curb Tehran's nuclear programme.

High-stakes bidding to build Myanmar's mobile phone business

Myanmar is considered one of the world's last untapped business markets, and a lot of companies and business titans want a piece of the action.

China rejects Obama's push to punish countries importing Iranian oil, SKorea seeks agreement

BEIJING, China - China rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying Saturday that Washington had no right to unilaterally punish other nations.

New sanctions on Iran constrict trade flows to Asia

BEIJING (Reuters) - Trade between Asia and Iran is likely to slow as new U.S. sanctions make payments more difficult, traders said Tuesday, although the more determined can still find a route through Middle Eastern intermediaries.