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A selfie-app company learned the value of index membership on Wednesday, when shares in Meitu Inc dropped 9 per cent after MSCI said the Hong Kong listed stock would not, as previously announced, enter its China index in June. MSCI had included Meitu in a list of planned index changes published Monday evening, and the sudden reversal highlights the power of index providers to direct money and […]

JAKARTA Four Indonesian soldiers were killed and 8 wounded on Wednesday after they were hit by artillery fire during a rapid response training exercise in the Natuna islands north of Borneo in the South China Sea, a military spokesman said. “The army leadership has conveyed its deepest condolences after the death of four excellent soldiers in an accidental incident in Natuna,” said spokesman Denny Tuejeh. The Indonesian […]

Over the years, although the government has remained broadly authoritarian, it has oscillated among degrees of democracy. Those fluctuations, while subtle, have often coincided with elections like Friday’s. Photo Ayatollah Khomeini, the leader of the Iranian revolution, returning to Tehran in 1979 after his exile in France. Credit Gabriel Duval/Agence France-Presse — Getty Images Islamic Republic: Yes or No? After throwing off their government in 1979, Iranians […]

BEIJING Chinese state media on Wednesday criticized the United States for hindering efforts to stop global cyber threats in the wake of the WannaCry “ransomware” attack that has infected more than 300,000 computers worldwide in recent days. The U.S. National Security Agency (NSA) should shoulder some blame for the attack, which targets vulnerabilities in Microsoft Corp (MSFT.O) systems and has infected some 30,000 Chinese organizations as of […]

SEOUL South Korea said on Wednesday it wanted to reopen communications with North Korea as new President Moon Jae-in seeks a two-track policy involving sanctions and dialogue with its reclusive neighbour to rein in its nuclear and missile programmes. North Korea has made no secret of the fact that it is working to develop a nuclear-tipped missile capable of striking the U.S. mainland and has ignored calls […]

The first time China attempted to build a large passenger jet, it tried — and failed — to reverse-engineer a Boeing 707 that crash-landed in Xinjiang in 1971. The latest vehicle for China’s aviation dream, the Comac C919, has just completed its first test flight after Beijing decided to take a different path: buying parts from European and US aviation companies rather than stealing their technology. After […]

Members for presentation of Dawn Leaks report Zahid Chaudhary Islamabad The National Assembly on Tuesday rejected the Panama Papers Inquiries Bill 2016 tabled by the opposition.Minister for Law Zahid Hamid strongly opposed the bill saying there is no need for such proceedings as the Supreme Court has already given its judgment on the matter.He maintained that the bill, framed by the opposition, is discriminatory in nature and […]

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BEIJING China hopes that Sri Lanka can create a good legal, security and public opinion environment for its investment projects in the Indian Ocean country, Premier Li Keqiang told his visiting Sri Lankan counterpart Ranil Wickremesinghe. Chinese investment in Sri Lanka has been controversial. President Maithripala Sirisena is struggling to contain popular opposition to land acquisition for a huge Chinese industrial zone next to Hambantota port in […]

By Yara Bayoumy and Katie Paul | WASHINGTON/RIYADH WASHINGTON/RIYADH When U.S. President Donald Trump meets Saudi princes in Riyadh on Saturday, he can expect a warmer welcome than the one given a year ago to his predecessor Barack Obama, who Riyadh considered soft on arch foe Iran and cool toward a bilateral relationship that is a mainstay of the Middle East’s security balance. Beneath the pomp, Riyadh will be looking for assurances […]

Mr. Erdogan praised Mr. Trump for the “legendary triumph” he had achieved in the election and declared that his first meeting with the new president would be a “historical turn of tide” in the Turkish-American relationship. Continue reading the main story “We are committed to fighting all forms of terrorism, without any discrimination whatsoever, that impose a clear and a present threat upon our future,” Mr. Erdogan […]

Doha May 16, 2017 Doha Bank hosted a knowledge sharing event on “Regulatory Changes and Opportunities” on 15th May 2017 at Four Seasons Hotel, Doha, Qatar.  The Guest of the Honour in the evening was H.E. Mr. Nassir Abdul-Aziz Al-Nasser, UN High Representative for the Alliance of Civilizations. Mr. Ali Ibrahim Abdullah Al- Malki, Member of BOD of Doha Bank had also graced the occasion. The speakers […]

SINGAPORE — Although Singapore and China are different in size, they face common challenges in innovation and governance, noted Deputy Prime Minister Teo Chee Hean yesterday as he kicked off a high-level bilateral forum on leadership. Delivering the keynote address during the 6th China-Singapore Forum on Leadership, Mr Teo said the common obstacles faced by both countries included an ageing population, a slower-growing workforce, rising expectations of […]

British world boxing heavyweight champion Anthony Joshua looks set to fight again in November, with both Dubai and Doha being considered as possible venues, according to the fighter’s promoter. Joshua scored a stunning 11th round knockout win against former heavyweight champion Wladimir Klitschko at Wembley last month, and it now looking towards his next bout. Speaking to media at a press conference this week, the fighter’s promoter […]

SEOUL North Korea’s missile programme is progressing faster than expected, South Korea’s defence minister said on Tuesday, hours after the UN Security Council demanded the North halt all nuclear and ballistic missile tests and condemned Sunday’s test-launch. The reclusive North, which has defied all calls to rein in its weapons programmes, even from its lone major ally, China, has been working on a missile, mounted with a […]

Vodafone redials its Indian impairment numbers. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Hailing from the country that gave India cricket, Victorian railway architecture and a penchant for bureaucracy, Vodafone might have expected a little goodwill on the subcontinent. Instead, India has given the British mobile phone operator a price war, […]

By Ami Miyazaki and Taiga Uranaka | TOKYO TOKYO Japan’s government said on Tuesday it wanted Toshiba Corp (6502.T) and partner Western Digital Corp (WDC.O) to cooperate, expressing concern about an escalating dispute between the two that threatens to upend the sale of Toshiba’s chip unit. Western Digital sought international arbitration this week to stop Toshiba from selling the unit without its consent, arguing that the Japanese […]

The following map, from BofaML’s Transforming World Atlas, shows the world mapped proportionally by country according to the number of times mentioned  by President Trump in his tweets and speeches (campaign and presidency)… Source: BofAML The Top 8 are: USA, China, Syria, Russia, Iraq, Mexico, Iran, and United Kingdom Source link

PHNOM PENH, May 16 (Xinhua) — China has overtaken Vietnam to become the 1st largest source of tourists to Cambodia, a Cambodian Tourism Ministry official said on Tuesday. Kong Sopheareak, director of the Tourism Ministry’s statistics and planning department, said that about 270,000 Chinese visitors came to Cambodia in the first quarter of 2017, up 26 percent over the same period last year, as the number of […]

SHANGHAI Air pollution in a key Chinese region surrounding Beijing worsened in the first four months of this year, despite tough new campaigns to enforce green regulations and punish offenders, official data published on Tuesday showed. In the Beijing-Tianjin-Hebei region, average concentrations of small breathable particles known as PM2.5 rose nearly 20 percent year-on-year to 85 micrograms per cubic meter from January to April, said the Ministry […]

Your daily guide to community and cultural activities across the Emirates for May 16, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Fitness class Register […]

The blockbuster listing of Ant Financial, the payments affiliate of Alibaba, has been put on ice until the end of next year at the earliest, according to bankers. Market players have been counting on Ant, which runs China’s popular Alipay mobile payments service, to be the star in this year’s initial public offerings calendar. It was valued at $60bn in its last financing round in April 2016, […]

UNITED NATIONS The United Nations Security Council on Monday condemned North Korea’s recent ballistic missile tests, warning that the launches contributed to the development of nuclear weapons delivery systems and were greatly increasing tensions. North Korea fired a ballistic missile that landed in the sea near Russia on Sunday in a launch the United States called a message to South Korea days after its new president took […]

There is much going against South Korea right now, including an anaemic economy, a series of failures in the country’s shipbuilding sector, Chinese boycotts and North Korean belligerence.  And yet the country’s stock market keeps hitting records. The Kospi, the Korea’s main equities benchmark, set a record high last week and is up 13 per cent in the year to date, making it one of Asia’s best-performing major markets of 2017.  […]

Credit: Steffen Thoma/Public Domain The research, led by the International Council on Clean Transportation and Environmental Health Analytics, LLC., in collaboration with scientists at the University of York’s Stockholm Environment Institute (SEI); University of Colorado; and the International Institute for Applied Systems Analysis, examined 11 major vehicle markets representing more than 80% of new diesel vehicle sales in 2015.’ Of these markets, they found vehicles emitted 13.2 […]

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