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Far East


China's crude oil imports from Iran rebounded last month from a 10-month low hit in January, official data showed, in line with an International Energy Agency (IEA) report that said new U.S. sanctions appeared to have had little impact on shipments, Reuters reported.

The rebound also came after an official from China's biggest refiner, Sinopec Corp, said his refinery will process more Iranian crude this year than last.


Kazakhstan will reimburse fuel and lubricant shortage due to tolling operations in China, Kazakh Prime Minister's official website said on Tuesday.

"We agreed on the need to transport 1.5 million tons of crude oil to China for processing at the production facilities of the Chinese Dushanzi refinery within the tolling operation," director of the Department of Oil Industry Development under the Kazakh Oil and Gas Ministry Kuandyk Kulmurzin said in an interview with


China joined the world's top-five arms suppliers while remaining the second largest arms importer between 2008 and 2012, a Swedish-based research institute said Monday, DPA reported.
India kept its spot as the world's leading arms importer, accounting for 12 per cent of global arms, twice as much as China, the Stockholm International Peace Research Institute (SIPRI) said.


A Chinese businessman indicted in the United States over sales of missile parts to Iran is still making millions of dollars from the trade, say security officials who monitor compliance with Western and U.N. sanctions, Reuters reported.

These officials, speaking on condition of anonymity, said the businessman, Li Fangwei, has earned at least $10 million from illegal sales to Iran since his indictment by the New York County District Attorney in 2009.


A magnitude-6.2 earthquake struck eastern Japan Monday afternoon, the Meteorological Agency said.

There were no immediate reports of casualties or damage to property. The agency did not issue a tsunami warning, dpa reported.

The epicentre of the 4:23 pm (0723 GMT) quake was in northern Tochigi prefecture, north of Tokyo, with a depth of 10 kilometres, the agency said.


A Chinese military unit appeared to be a major hacker of US computer systems in a "multi-year, enterprise-scale computer espionage campaign," US-based cybersecurity experts said in a report issued Tuesday, DPA reported.
The Mandiant Intelligence Centre published 3,000 digital indicators of activity by the Chinese unit, which it called APT1, including domain names and IP addresses linked to hacking attacks.


Kazakh delegation discussed cooperation with Japanese companies in energy sphere
within the visit to Japan, Kazakh Industry and New technologies Ministry reported on Monday.

In particular, Kazakh delegation headed by Deputy Prime Minister and Industry and New Technologies Minister, Aset Isekeshev met with representatives of the Japanese New Energy and Industrial Technology Development Organization (NEDO), the Japan International Cooperation Agency (JICA) and the Japan Atomic Power Company (JAPC).


Japanese Prime Minister Shinzo Abe will hold talks with US President Barack Obama in Washington next week, the government said Friday, dpa reported.

Abe, who took office in late December, will meet Obama on February 22, Chief Cabinet Secretary Yoshihide Suga told a news conference.

The leaders will discuss bilateral and regional issues in the Asia-Pacific region, including North Korea's nuclear test on Tuesday, Suga said.

During their telephone conference on Thursday, the two agreed to seek a tougher UN Security Council resolution on Pyongyang.


The United States on Monday announced new sanctions on a Chinese businessman and several companies for selling to Iran items banned under U.S. laws aimed at curbing that country's missile program, Reuters reported.

A notice published on the Federal Register website marks at least the third time since 2006 that Li Fangwei, also known as Karl Lee, has faced U.S. penalties for supplying material and support to Iran's missile development.


China is protesting U.S. sanctions against a leading state arms maker and other companies over alleged arms deals with North Korea, Syria, and Iran, AP reported.

The U.S. State Department said Poly Technologies Inc. is among companies barred from dealing with the U.S. government or purchasing U.S. military hardware for two years. The company is part of a massive state-owned conglomerate.