Authored by Paul Craig Roberts, President Trump says he wants the US to have better relations with Russia and to halt military operations against Muslim countries. But he is being undermined by the Pentagon. The commander of US forces in Europe, General Ben Hodges, has lined up tanks on Poland’s border with Russia and fired salvos that the general says are a message to Russia, not a […]
New research from scientists at the University of Toronto and researchers in China and Taiwan provides the first evidence that proteins have been preserved within the 195-million-year-old rib of the sauropodomorph dinosaur Lufengosaurus. The study appears in the Jan. 31 issue of the journal Nature Communications. “These dinosaur proteins are more than 100 million years older than anything previously discovered,” says Professor Robert Reisz, a specialist in […]
TOKYO Asian shares inched up to four-month highs while the dollar was finding its feet on Thursday after the U.S. Federal Reserve stuck to its mildly upbeat economic view but gave no hint of accelerating rate hikes. While strong economic data from the United States and elsewhere have underpinned risk assets, uncertainty and concerns over U.S. President Donald Trump’s policies have markets on edge. “With many of […]
February 2, 2017 by: Hudson Lockett in Hong Kong Thursday 02.00 GMT Overview Stock markets were mixed in Asia after the US Federal Reserve left interest rates unchanged but hinted at further rises this year. The Australian dollar gained against its US counterpart on data showing a record trade surplus, while oil pared back some of Wednesday’s gains. Hot topic The Australian dollar gained 0.6 per cent […]
By Shihar Aneez | HAMBANTOTA, Sri Lanka HAMBANTOTA, Sri Lanka China signed a deal with Sri Lanka late last year to further develop the strategic port of Hambantota and build a huge industrial zone nearby, a key part of Beijing’s ambitions to create a modern-day “Silk Road” across Asia. The agreement was welcome relief for the island nation of 20 million people. As they try to reduce […]
According to a transcript obtained by AP of the phone call which took place on Friday morning between President Trump and his Mexican counterpart, Enrique Pena Nieto, and which was intended to patch things up between the new president and his Mexican peer a day after Pena Nieto called off his visit to the US, Trump threatened to send U.S. troops to stop “bad hombres down there” […]
China’s stock market regulator has accelerated approvals for initial public offerings in recent months but market watchers say that long-awaited deregulation of the process is still years away. IPO fundraising in Shanghai and Shenzhen has totalled Rmb87bn ($13bn) since November, the biggest three-month total since the second quarter of 2015, when China’s stock market bubble reached its height. The surge of new offerings reflects the relative stability of China’s […]
By Naomi Tajitsu and Maki Shiraki | YOKOHAMA, Japan YOKOHAMA, Japan Nissan Motor Co has taken a step back into gasoline hybrids with its Note e-Power model, which the Japanese automaker hopes will act as a gateway for drivers who will later shift to all-electric cars. The move will also trim Nissan’s costs. Nissan’s battery-electric Leaf, the industry’s first mass-market, all-electric car launched in 2010, is the […]
Apple Chief Executive Tim Cook says India’s move to replace its largest-denomination bank notes with newly designed ones has presented a challenge in India, but the tech giant is still bullish on sales growth in the South Asian nation. Speaking on a call with analysts Tuesday after Apple announced last quarter results, Mr. Cook said “despite the demonetization move in India that created lots of economic pressure there last […]
Wednesday 06:00 GMT Overview Stock markets across Asia were mixed after disappointing earnings and weak US data pushed Wall Street lower overnight. European bourses are expected to open higher, with spreadbetters predicting the UK’s FTSE 100 will add 34 points to 7,133 and Germany’s Dax to gain 70 points to 11,605. The rebound comes after Wall Street climbed sharply off its session lows on Tuesday, and index […]
By Sinead Carew and Jamie McGeever | NEW YORK/LONDON NEW YORK/LONDON U.S. President Donald Trump and a top economics adviser on Tuesday unleashed a barrage of criticism against Germany, Japan and China, saying the three key U.S. trading partners were engaged in devaluing their currencies to the harm of American companies and consumers. The comments from Trump at the end of a White House meeting with pharmaceutical […]
For the London Metal Exchange, the traditional winter holiday lull in activity which affects most other financial markets comes almost a month later. Traders say that the influence of China in copper, aluminium and nickel markets, means their operations almost grind to a halt during the Chinese new year. The slowdown was clearly visible on Monday, with turnover in benchmark three-month copper futures falling to less than […]
“I remember, when I was a youngster, we used to have to translate Erasmus. He was already travelling as a scholar 500 years ago.” Sir Eric Thomas, the retired vice-chancellor of the University of Bristol, is reminiscing about his Latin A-level classes, in which the journals of the 15th-century Dutch Renaissance scholar featured prominently. “Even all that time ago, the concept of there being an international community […]
By Nate Raymond | NEW YORK NEW YORK A New York art dealer avoided prison for her role in a scheme that led two Manhattan galleries to buy dozens of fake paintings that they then sold for $80 million, after a federal judge ruled on Tuesday she was coerced by her abusive ex-boyfriend. Glafira Rosales, 60, was sentenced by U.S. District Judge Katherine Polk Failla in Manhattan […]
Apple returned to increasing revenue in the holiday quarter and said the growth rate could accelerate in the coming months, as iPhone sales rebounded strongly in North America, western Europe and Japan. However, despite forecasting revenues to grow as much as 6 per cent in the current quarter, its outlook fell just short of Wall Street’s estimates amid continuing sales declines in China and foreign currency headwinds. […]
Apple has reportedly sold more iPhone 7 Plus models than the iPhone 7 during the 2016 December quarter. The company is expected to release its financial results for the fourth quarter soon and analysts estimate that the company has managed to sell 78 million iPhones in the December quarter. This is a 4 percent increase in sales, when compared to the same period in 2015. The trend is an unusual […]
MANILA Philippine President Rodrigo Duterte on Tuesday said he had asked China to help in the fight against Islamic State-linked militants by sending ships to patrol southern waters plagued by raids on commercial vessels. Speaking to newly promoted army generals, Duterte said he had sought China’s help in dangerous waters in the south to check the activities of Abu Sayyaf, a Muslim rebel group sustained by piracy […]
A bag-like marine creature from China could be human’s earliest relative. In a study published on Jan. 30, scientists revealed that the sea creature that wriggled in seabed mud about 540 million years ago could be the earliest known animal in the evolutionary branch that eventually led to humans. Evolutionary Deeper Ancestors Apes and monkeys are known to have evolutionary links with humans, who emerged 200,000 years […]
The great Trump reflation story, which points to strong equities, weak bonds and a highly valued dollar, is by now thoroughly entrenched in the minds of global investors. Not without reason. But when conviction is near-universal in markets it makes sense to ponder what investors might be missing. For my money the most likely flaw in this narrative relates to the cost of protectionist policies. There is […]
By Ginger Gibson and David Shepardson | WASHINGTON WASHINGTON Days before a group of Republican lawmakers were due to discuss their party’s controversial proposal to tax all imports, Toyota Motor Corp (7203.T) sent an urgent message to its U.S. dealers – tell the politicians the tax would seriously hurt car buyers. Some of Toyota’s 1,500 dealers heeded the call and contacted members of the House of Representatives’ […]
WASHINGTON — Iran conducted its first missile test since President Trump took office, American and Israeli officials said Monday, posing an early test of whether the Trump administration will make good on its promises to strictly enforce all aspects of the Iranian nuclear deal and a side agreement on missile testing. The Iranian missile traveled about 600 miles, but its re-entry vehicle reportedly exploded before the flight […]
BEIJING China’s second aircraft carrier is “taking shape” after two years and nine months of construction, local media reported, a move likely to further unnerve Taiwan and other neighbours about Beijing’s growing military assertiveness. Construction of The Shandong, named after a province in China’s east coast, began in 2014, the APP of Shandong television and radio said in a report seen on Tuesday. The Shandong, China’s first […]
From the top left corner, moving clockwise, the four images depict: University at Buffalo students performing an experiment, clean drinking water, water evaporating, and black carbon wrapped around plastic in water with evaporated vapor on top evaporated water. Credit: University at Buffalo. You’ve seen Bear Grylls turn foul water into drinking water with little more than sunlight and plastic. Now, academics have added a third element—carbon-dipped paper—that […]
WASHINGTON/SEOUL U.S. Defense Secretary James Mattis and his South Korean counterpart agreed during a phone call on Monday to strengthen their defense against “the evolving North Korean threat,” the Pentagon said, amid reports the North may be preparing a new missile test. Mattis, who is to visit South Korea on Thursday, reaffirmed to South Korean Defense Minister Han Min-koo the U.S. commitment to defend the country and […]
