SINGAPORE, May 20 - CME Group will introduce a U.S. dollar-denominated palm oil swaps contract on June 3 pending regulatory review, the exchange said on Monday, tapping growing demand to manage price volatility of the food and fuel commodity.
JAKARTA, May 20 - Indonesia's investment board chief Chatib Basri will be named the country's new finance minister, the Jakarta Globe daily quoted the industry minister as saying on Monday.
May 20 - (The following statement was released by the rating agency)
MANILA, May 20 - The Philippine central bank has narrowed banks' access to short-term special deposit accounts (SDAs), the latest in a series of moves to tweak a liquidity facility that has attracted a high volume of funds and contributed to financial strains on the monetary authority.
NEW DELHI - Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains.