logo

News related to
Capital

JERUSALEM Israel intends to build 15,000 new settlement homes in East Jerusalem, the Housing Ministry said on Friday despite U.S. President Donald Trump’s request to “hold back” on settlements as part of a possible new push for Israeli-Palestinian peace. A formal announcement of the settlement plan, quickly condemned by the chief Palestinian negotiator, could come around the time Trump is scheduled to visit Israel next month. Israel […]

Deutsche Bank said on Friday that it had appointed Citigroup treasurer James von Moltke as its new chief financial officer. Germany’s biggest lender has been looking for a new finance director since it announced last month that Marcus Schenck would take on a new dual role as co-head of the investment bank and joint deputy chief executive. Citi declined to comment on the news, which was first […]

On the last day of the busiest earnings week in a decade, here is a striking statistic from Goldman Sachs, showing just how dominant a handful of large cap companies have become in terms of both overall profitability and market impact: Year to date the top 10 contributors have combined to account for 37% of the S&P 500 index return (more than double their market cap representation […]

Emerging market equities have been the darling asset class de jour in 2017, mainly in Asia and Latin America, despite the March FOMC rate hike, a US Dollar Index at or above 100 and a mini-swoon in crude oil after a Saudi-Russian output cut spat. Earnings growth (India/Thailand) a stabilized currency (China), policy reforms (India, Brazil, Indonesia) local interest rate cuts (Brazil) and lower US protectionist policies […]

Distribution agreement boosts Eikon’s robust research offering with economic sovereign reports London, 28 April 2017 – Users of Thomson Reuters flagship financial platform Eikon can now access Oxford Business Group’s full range of research on emerging economies, following a distribution agreement between the two firms, giving financial professionals instant access to OBG’s extensive range of reports and economic updates.  OBG content is available through Eikon’s real-time and […]

Short-term borrowing costs in China have climbed to their highest level in two years as comments from President Xi Jinping fan investor expectations that a “regulatory windstorm” is part of a broader crackdown on the financial sector. China’s premier on Thursday described finance as the “core of a modern economy”, according to state news agency Xinhua, adding that “accurate judgment of potential financial risks serves as a […]

FRANKFURT Deutsche Bank is expected to name James von Moltke as new finance chief, replacing Marcus Schenck who is taking on a role as co-head of the investment bank, a source close to the matter said on Friday. Deutsche Bank declined to comment. Von Moltke will join Germany’s flagship lender from Citi, where he worked as treasurer from 2015 after earlier looking after the bank’s financial planning […]

Advertisements

CAIRO // The recent Palm Sunday attacks in Egypt that left dozens dead had no basis in faith and stood against the principles of all religions, Muslim and Christian leaders at a conference in Cairo said. Religious and political figures from across the globe were speaking on the first day of an international peace conference on Thursday co-organised by the UAE Muslim Council of Elders and Al […]

An early player in drone-tech, 3D Robotics Inc., announced that it has raised $53 million in a Series D round of funding on Thursday, including new equity funding and conversion of debt equity. Atlantic Bridge led the round joined by Autodesk Forge Fund, True Ventures, Foundry Group, Mayfield and other undisclosed investors, according to the company statement. The company didn’t break out how much new capital it saw […]

The National Broadband Network (NBN) company should increase the extent of its fibre network, providing as many customers as possible with fibre to the premises (FttP) and fibre to the distribution point/curb (FttDP/C), the South Australian government has said, adding that the satellite service should be a “last resort”. Speaking in a submission to the Joint Standing Committee on the National Broadband Network, the South Australian government […]

By Jennifer Ablan and Stephen Nellis | NEW YORK/SAN FRANCISCO NEW YORK/SAN FRANCISCO Growing tensions with North Korea should worry global electronics firms such as Apple Inc as they source key parts from South Korea, but investors are brushing off such concerns and snapping up shares in key exporters, heartened by robust earnings and big investment plans. U.S. President Donald Trump said on Thursday in an interview […]

WASHINGTON President Donald Trump complained on Thursday that U.S. ally Saudi Arabia was not treating the United States fairly and Washington was losing a “tremendous amount of money” defending the kingdom. In an interview with Reuters, Trump confirmed his administration was in talks about possible visits to Saudi Arabia and Israel in the second half of May. He is due to make his first trip abroad as […]

Artificial Intelligence (AI) is a concept that has a long standing tradition in the realm of science-fiction, popularized by Hollywood movies and iconic writers such as Isaac Asimov. However, AI has also received increased attention in recent years following news of progress in the field and the prospect of new, tangible, innovation such as self-driving cars. The Internet has played an important role in these developments, particularly […]

ISLAMABAD: The six departments tasked with deputing a representative each to the joint investigation team (JIT) that will probe the assets of Prime Minister Nawaz Sharif and his family have submitted lists of proposed names to the Supreme Court. The apex court, in its April 20 judgement, had given the Federal Investigation Agency (FIA), National Accountability Bureau (NAB), Securities and Exchange Commission of Pakistan (SECP), State Bank […]

Two Saudi soldiers were killed Thursday in a rocket attack near the border with war-torn Yemen, the interior ministry said. They died in a simultaneous landmine explosion and rocket attack while on duty patrolling the border around Jazan, the ministry said in a statement carried by the official SPA news agency. Saudi Arabia leads a Gulf coalition that has battled Iran-backed Huthi rebels in Yemen for two […]

By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods rose less than expected in March, but a second straight monthly increase in shipments suggested business investment accelerated in the first quarter amid a recovering energy sector. While other data on Thursday showed a bigger-than-expected increase in first-time applications for unemployment benefits last week, the trend in claims remained consistent with tightening labor market conditions. […]

Yoav Galant, the Israeli construction minister, also declined to confirm the strikes but told Channel 10, “Our enemies must know: We will know to use our power to protect our interests by ourselves.” Continue reading the main story Large explosions were heard miles from the airport that serves Damascus, the Syrian capital, and the glow of flames could be seen in the distance, according to residents in […]

Since at its core, yesterday’s 1-page “tax plan” was a Goldman creation, who better to explain what Trump offered than Goldman Sachs itself, which it did overnight in a far lengthier note from its chief Washington analyst Alec Phillips.  Here is Goldman with an elaboration of the handful of bullet points contained on the much anticipated one page, extended to 6 pages. Q&A on the President’s Tax […]

Betting big on Amazon and selling the shares of traditional retailers has been a blockbuster trade for some time. Now, a small but growing number of hedge funds are wagering that the next leg of the woes afflicting bricks and mortar retailers in the US will unfold dramatically for those shopping mall owners who have largely so far been considered immune. The level of bets against some […]

By Michael Martina and Ju-min Park | BEIJING/SEOUL BEIJING/SEOUL China on Thursday welcomed an apparently softer tone by the United States on the North Korean nuclear and missile crisis but stressed its opposition to a U.S. missile defence system being deployed in South Korea. China has long promoted dialogue to resolve the “Korean nuclear issue” as North Korea has repeatedly threatened to destroy the United States which […]

Deutsche Bank must set its sights higher, its chief executive said on Thursday, after its core investment banking businesses were outpaced by US rivals in the first quarter of the year. In the three months to March, Germany’s biggest bank managed a net profit of €575m, more than double the €236m it posted in the same period a year earlier, and ahead of analysts’ expectations of €522m. […]

Saudi Arabia has imposed limits on the ownership of prepaid SIM cards for citizens and foreigners, restrictions that the regulator said aim to prevent the use of cards in carrying out militant attacks in the kingdom. Foreign residents, who make up more than a third of the population, are now limited to two prepaid SIM cards across all operators, according to two people familiar with the matter. […]

By Brian Ellsworth | CARACAS CARACAS Protesters blocked a highway in Venezuela’s capital Caracas for nearly eight hours this week in an effort to show the opposition’s dedication to civil disobedience as their main tool to resist President Nicolas Maduro. But by the end of the afternoon, hooded youths had filled the highway with burning debris, looted a government storage site, torched two trucks and stolen medical […]

The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a deep breath, then  looked at their brainchild and completely petered out. First, let me say, I clearly have nothing to recant […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Alphabet’s Malaysia investment sharpens focus on AI spending // ADIA subsidiary seeks $7.5 billion private investment financing // Greens back Sreedharan plan // UAE forecast to lead solar output per person // Binance appoints Justin Yek as finance chief after theft // Employees Up In Arms Against Sale Of IDBI To Canadian Company Fairfax // Dubai activates six-lane Al Khaleej Street tunnel // Ghantoot clinches Pink Polo Cup as screenings draw crowds // Tesla schedules Cybertruck production wind-down for mid-2027 // Bail refused to Kochi sex assault accused // DEWA and Dell pursue stronger digital utility infrastructure // Herzog selects Eisenkot for Israeli coalition negotiations // Turkish court remands senior financial regulators in fund investigation // UAE Coast Guard evacuates 22 from burning cargo vessel // Coca-Cola bottling holding company submits share sale prospectus // Claude Code approval settings expose thousands of credentials // X’mas bumper lottery prize money raised to ₹25 crore // Hyperliquid Strategies pursues US futures registration through subsidiary // ADNOC secures decade-long LNG supply pact with Gujarat Energy // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences //