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BEIJING China on Saturday demanded that Taiwan release two mainland fishermen who have been detained after the island’s coastguard fired rubber bullets at them amid simmering tensions between the rivals. The shooting put a new strain on ties between Beijing and Taipei which have cooled since Taiwan President Tsai Ing-wen of the independence-leaning Democratic Progressive Party took power last year, because she refuses to concede the self-ruled […]

There are a number of environmental and economic reasons to promote the development and use of biological compounds as pesticides. A new analysis finds that there are fewer biopesticides registered in the European Union (EU) compared with the United States, India, Brazil, and China. (via WSJ)

Most sectors in the Middle East are likely to adopt a “wait and see” policy on hiring during 2017 as companies monitor market conditions, according to a new report. Recruitment agency Michael Page Middle East said real estate firms are most likely to buck this trend, with signs that hiring activity is returning as liquidity enters the market. The report added that, following a move to reduce […]

May 6, 2017 by: Jeevan Vasagar in Singapore and Michael Peel in Bangkok Puma Energy, the fuel storage and petrol station business backed by Swiss commodities trading house Trafigura, wants to expand in Myanmar across a range of fuel and petroleum products after opening a $100m storage facility at the southern port of Thilawa. The new terminal, with a capacity of 91m cubic metres, opens the prospect […]

Why Macau? There are two very different faces to this former Portuguese enclave a short boat ride from Hong Kong. There’s the Macau that has been transformed since its return to China in 1999 into the Las Vegas of the East by the construction of giant hotel casinos on a vast land-reclamation project. And there’s my kind of Macau, still a wonderfully exotic destination, where there are […]

Thailand has bought the first of three submarines from China in the strongest signal yet the military-ruled country is reducing reliance on its long-time ally, the United States. A Thai navy admiral signed an agreement for the $US393 million ($530 million) Yuan-class diesel vessel in Beijing even though Thailand’s state audit office is still investigating the purchase. Prayuth Chan-Ocha, Thailand’s Prime Minister. Photo: Getty Images Thailand’s cabinet, dominated by military officers who seized power […]

04 May 2017 Dubai, United Arab Emirates – Global boxing icon Mike Tyson unveiled his future strategic plans for his franchise of fitness centres called the Mike Tyson Academy (MTA) at an exclusive press conference held today at Ossiano at Atlantis The Palm, Dubai. The team behind this highly anticipated project showed a preview rendering for the academy that illustrated the models for the four proposed gym […]

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North America, the UK, Germany and Australia remain the top property investment destination for UAE residents, according to a YouGov survey conducted by IP Global, the property investment firm. The survey results showed that when it comes to investing in property abroad, the US and Canada are the most popular markets among UAE citizens. Chicago and Los Angeles were highlighted as popular investment destinations in the US. […]

SHANGHAI China’s home-grown C919 passenger jet landed successfully in Shanghai after an 80-minute maiden flight on Friday, a major step for Beijing as it looks to boost its profile in the global aviation market. The narrow-body aircraft, which will compete with Boeing’s (BA.N) 737 and the Airbus (AIR.PA) A320, is a key symbol of China’s ambitions to muscle into a global jet market estimated to be worth […]

Trump may bring jobs back to the US, but robots will get them This could be an important victory for a new president, a major capitulation by an Indian IT company or the emergence of a new model for Indian IT in the face of a rapidly shifting business landscape — or, as the case may be, all of the above. A few days ago, Indian IT […]

By Dominique Vidalon | PARIS PARIS The shareholders of AccorHotels (ACCP.PA) on Friday granted former French President Nicolas Sarkozy a seat on the board of Europe’s largest hotel group, and rejected a bid to block long-term shareholders from getting more double voting rights. Chairman and CEO Sebastien Bazin reiterated at the annual shareholders meeting that double voting rights were a good way to foster loyalty and stability […]

Just a few days after OnePlus CEO Pete Lau posted the first teaser for the upcoming OnePlus 5, some of the most important specifications of the device have been allegedly leaked on Chinese social network Weibo. According to Lau, OnePlus fans should expect a “big surprise” soon from the company. From the leaked specifications, the OnePlus 5 will definitely be considered as a smartphone to look forward […]

By James Pearson and Ju-min Park | SEOUL SEOUL In February 2016, Yoo Chang-geun and around 120 other South Korean businessmen frantically pulled their staff out of the Kaesong Industrial Zone, jointly run with North Korea. Seoul had ordered it closed after Pyongyang defied international warnings and tested a long-range rocket. Now, with South Koreans in next week’s presidential election almost certain to elect liberal Moon Jae-in, […]

“Something is off,” warns RBC’s head of cross-asset strategy Charlie McElligott in the introduction to his latest market noting that the swing in US fiscal policy optimism is coming at a critical time as the China’s liquidity tightening is spooking the reflation story. SUMMARY: Movement on US fiscal policy is currently driving US rates and equities higher, counteracting the tremendous negative implications of this ‘Chinese tightening / […]

By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks declined for a third consecutive day on Friday as fresh falls in commodities raised concerns about the health of the global economy, though the euro bucked the broad weakness on receding concerns about France’s presidential election. Chinese stocks led regional losers, falling to a three-month low as concerns about tighter financial regulations weighed on banking shares while […]

BEIJING China has ordered private think tanks to register with the authorities, who will also keep tabs on research activity, under new rules published by state media, the ruling Communist Party’s latest move to stamp its authority on intellectual bodies. President Xi Jinping has overseen a drive to place the party back at the centre of China’s media, academia and charities, while cracking down on civil society […]

SHANGHAI China’s home-grown C919 passenger jet is set to take to the skies on its long-delayed maiden flight on Friday, a major step for Beijing as it looks to boost its profile in the global aviation market. The narrow-body aircraft, which will compete with Boeing’s (BA.N) 737 and the Airbus (AIR.PA) A320, is a key symbol of China’s ambitions to muscle into a global jet market estimated […]

Commodities futures in China are diving further, led by another large drop in the price of iron ore to a six-month low. Iron ore futures were down by their daily limit of 8 per cent on the Dalian Commodity Exchange at Rmb458.5 ($66.48). Yesterday, futures were down by as much as the daily limit, before easing to close 5.3 per cent lower. Dalian coking coal futures were […]

GENEVA The United States will shoot itself in the foot if it quits the Paris climate accord because China, India and Europe will snap up the best power sector jobs in future, U.N. Environment chief Erik Solheim said on Thursday. U.S. President Donald Trump is expected to announce as early as next week whether he will take the United States out of the climate pact, having vowed […]

By David Brunnstrom | WASHINGTON WASHINGTON U.S. Secretary of State Rex Tillerson met Southeast Asian foreign ministers on Thursday to seek their support in pressing North Korea to give up its nuclear and missile programs. Tillerson’s first meeting with all members of the 10-nation Association of Southeast Asian Nations will also address another pressing regional issue – China’s assertive pursuit of territory in the South China Sea, […]

Authored by 720Global’s Michael Lebowitz via RealInvestmentAdvice.com, “History has not dealt kindly with the aftermath of protracted periods of low risk premiums” – Alan Greenspan The ability to see beyond the observable and the probable is the most important and under-appreciated characteristic of successful investors. For example, visualize a single domino standing upright. With this limited perspective, one can establish what the domino is doing in the […]

One of the EU’s most senior officials has called for a ceasefire in the verbal hostilities over Brexit with Theresa May, warning that looming talks could become “impossible” if calm is not restored. The intervention by Donald Tusk, European Council president, marks a concerted effort to defuse escalating tension between Brussels and London after the UK prime minister accused EU officials of trying to sabotage her election […]

Prince Philip, Queen Elizabeth’s stalwart companion during six decades on the throne, is to step down from his public duties from the autumn, Buckingham Palace announced on Thursday. The Duke of Edinburgh’s decision was taken with the support of the Queen, the statement said. London was earlier gripped by speculation of an imminent announcement after reports senior staff of the royal household had been called to the […]

MANILA Philippine President Rodrigo Duterte said on Thursday his telephone conversation this week with Chinese leader Xi Jinping to discuss the Korean peninsula crisis was at the behest of his U.S. counterpart Donald Trump. Duterte said he spoke with Xi on Wednesday to convince him to play a bigger role in defusing tension in the Korean peninsula after North Korea test fired another missile early on Saturday. […]

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