East Asia

/East Asia

Iran says South Korea holding $7 bln Iran funds ‘hostage’

Iranian government spokesman Ali Rabiei. Undated. (MEHR) January 5, 2021 An Iranian government spokesman on Tuesday rejected allegations that Iran’s seizure of a South Korean vessel amounted to hostage-taking, and said was it was South Korea that was holding $7 billion of Iran’s funds “hostage”. “We’ve become used to such allegations ... but if there [...]

By |January 5th, 2021|East Asia|

S.Korea to dispatch diplomat for Tehran talks after Iran seizes tanker

A seized South Korean-flagged tanker is escorted by Iranian Revolutionary Guard boats on the Gulf, Jan 4, 2021. (AP) January 5, 2021 South Korea is dispatching a delegation to Iran as early as today to seek the release of a tanker seized in Gulf waters by Iranian forces, with a senior diplomat set to go [...]

By |January 5th, 2021|East Asia, Middle East|

S. Korean-flagged tanker bound for UAE goes into Iranian waters, feared seized

Satellite data from MarineTraffic.com showed the MT Hankuk Chemi off Bandar Abbas on Monday afternoon without explanation. (AFP) January 4, 2021 A South Korean-flagged tanker bound for the United Arab Emirates has instead gone into Iranian territorial waters, with a security firm fearing the vessel has been seized.Satellite data from MarineTraffic.com showed the MT Hankuk [...]

By |January 4th, 2021|East Asia, Middle East|

Larger crop, lack of rupees curb Iran’s record Indian sugar appetite

Sellers wearing masks in an Iranian fruit market, June 15, 2020. (Reuters) By Maytaal Angel and Rajendra Jadhav December 22, 2020 India will be unable to count on Iran, one of its most important sugar customers, for its upcoming export drive as an increase in Iranian production and Tehran’s shortage of rupees limit [...]

By |December 22nd, 2020|East Asia, India|

China won’t rescue Iran

Iranian Supreme Leader Ali Khamenei, right, and Iranian President Hasan Rouhani, left, meets with Chinese President Xi Jinping in Tehran, Jan 23, 2016. (AP) By Wang Xiyue December 22, 2020 In June 2020, a draft of the China-Iran Comprehensive Strategic Partnership was leaked to the media by an Iranian source. In this purported deal, [...]

By |December 22nd, 2020|East Asia|

Ulsan of South Korea wins Asian Champions League beating Iran’s Persepolis 2-1

AFC Champions League Final - Persepolis v Ulsan Hyundai FC, Dec 19, 2020. (AP) December 19, 2020 Ulsan Horang-i of South Korea came from behind to defeat Persepolis of Iran 2-1 and become the champion of Asia for the second time on Saturday. Two goals from Brazilian striker Junior Negrao gave the Tigers [...]

By |December 19th, 2020|East Asia, Middle East|

Asian Champions League: finally a final, South Korea’s Ulsan vs Iran’s Persepolis

Iranian football team Persepolis' players celebrate a goal during the AFC Champions League match against Qatar's Al Sadd in Tehran, Jan 10, 2020. (AFP) December 18, 2020 The longest Asian Champions League tournament in history ends on Saturday — more than 11 months after the first ball was kicked — when Ulsan Horang-i [...]

By |December 18th, 2020|East Asia, Middle East|

US imposes sanctions on companies over support for sale of Iranian petrochemicals

A man walks past the Mahshahr petrochemical plant in Khuzestan province, southwest of Tehran, Iran. (Reuters) December 16, 2020 The US Treasury Department said it has imposed sanctions on companies accused of supporting the sale of Iranian petrochemical products. The four entitie were blacklisted for exporting petrochemical products by Triliance Petrochemical Co. Ltd, which was sanctioned by Washington last year. [...]

By |December 16th, 2020|East Asia, Middle East, North America, USA|

Iran nuclear deal members urge Tehran return to compliance

Group picture taken at the UN building in Vienna after Iran and six major world powers reached a nuclear deal. (Reuters) December 16, 2020 World powers that are part of a landmark 2015 nuclear deal with Iran urged Tehran on Wednesday to roll back violations of the accord and return to full compliance [...]

By |December 16th, 2020|East Asia, Europe, North America, Russia, USA|

Long wait worth the shot at Asian glory for Iran’s Persepolis

Iranian football team Persepolis' players celebrate a goal during the AFC Champions League match against Qatar's Al Sadd in Tehran, Jan 10, 2020. (AFP) December 4, 2020 Persepolis will have waited 11 weeks for their shot at glory by the time the Asian Champions League final kicks off but assistant coach Karim Bagheri [...]

By |December 4th, 2020|East Asia, Middle East|