29 December 2016 Munich. As 2016 comes to a close, BMW is able to look back on a highly successful year with well over 50 national and international awards and distinctions. As in the past, vehicles of the brand were highly rated by juries across a range of different categories and topics, frequently finishing at the top of the winners’ rostrum. The awards reflect not just outstanding […]
BEIJING A Chinese general is being investigated for suspected bribery, the defence ministry said on Thursday, a man connected to the jailed former domestic security chief and one of the most senior incumbent military officials to be targeted for graft. Military prosecutors had already opened a case into Wang Jianping, a deputy chief of the joint staff department under the powerful Central Military Commission, ministry spokesman Yang […]
SHANGHAI China’s environment ministry on Thursday warned northern regions to get ready for emergency action to tackle another bout of heavy smog expected over the New Year. Large parts of the north were hit by hazardous smog in mid-December, and authorities ordered hundreds of factories to close and restricted motorists to cut emissions. “Unfavorable weather” was expected to bring more smog to the Beijing-Tianjin-Hebei region, as well […]
Sprint has revealed that it is going to hire about 5,000 personnel, and U.S. President-elect Donald Trump quickly claimed credit for purportedly negotiating the deal. Trump has lumped those figures with the 3,000 new hires planned by a startup called OneWeb, for a grand total of 8,000 new jobs, which Trump has promptly announced as very good news for the economy. Sprint is owned by Japanese firm […]
BEIJING Attackers drove a car into a government building in China’s unruly far western region of Xinjiang on Wednesday and set off an explosive device killing one person, while all four of the attackers were shot dead, the regional government said. Hundreds of people have been killed in recent years in resource-rich Xinjiang, on the borders of central Asia, in violence between the Muslim Uighur people who […]
TAIPEI Taiwan President Tsai Ing-wen will pass through the United States when she visits Latin America next month, the foreign ministry said Thursday, a move bound to infuriate China which had urged the United States to block a transit stopover. China is deeply suspicious of Tsai, who it thinks wants to push for the formal independence of Taiwan, a self-governing island that Beijing regards as a renegade […]
Chinese technology giant Tencent, along with Beijing-based mapping company NavInfo and Singapore state-owned investment firm GIC, announced this week the trio intended to jointly take up a 10 percent share of mapping company Here, with current owners Audi, BMW, and Daimler reducing their indirect holding by the same amount. As well as the share purchase, the companies announced the creation of a 50/50 joint venture between Here […]
By Nobuhiro Kubo | TOKYO TOKYO Japan’s defence minister visited a controversial shrine to Japan’s war dead on Thursday, just after accompanying Prime Minister Shinzo Abe on a historic visit to Pearl Harbor, where Japan’s attack brought the United States into World War Two. Television footage showed a smiling Tomomi Inada in a black jacket and skirt arriving at Tokyo’s Yasukuni Shrine, which honours Japanese who lost […]
Some of the biggest law firms on Wall Street are scrambling to shore up their defences against cyber attacks, in the wake of a raid by Chinese hackers which led to millions of dollars of profits from insider trading. Preet Bharara, US attorney for the southern district of New York, this week charged three individuals who he said infiltrated law firms over a period of about 18 […]
When Jack Ma criticised Hong Kong last month for having outdated stock market listing practices, the Alibaba founder hit the city where it hurts. Hong Kong’s rivalry with New York has only heightened since the billionaire chose the US for his ecommerce group’s initial public offering two years ago. And next year, the battle between the world’s two largest listing centres will only become more heated, as three […]
The FTSE 100 was within touching distance of a closing high on Wednesday, as optimism about the outlook for metal prices lifted the shares of the heavyweight miners on Britain’s blue-chip index. On the market’s first day back after the Christmas holiday, the FTSE 100 was up 0.6 per cent at 7107.56 in early afternoon trading, putting it on track to surpass its closing high of 7103.98 […]
Posted: Dec. 27, 2016 7:00 am Updated: Dec. 27, 2016 7:46 am MANILA, Philippines (AP) The Philippine coast guard pressed its search Tuesday for 18 crewmen from a cargo ship that sank at the height of Typhoon Nock-Ten, which struck the country on Christmas Day. Coast guard spokesman Armand Balilo said 14 other crewmen have been rescued and one died after the M/V Starlite Atlantic sank […]
Post-Millennials in the Kingdom of Saudi Arabia call for more investment in clean energy – mirroring actions being undertaken as part of Government’s Vision 2030 Abu Dhabi, United Arab Emirates, December 28, 2016 Ambitious plans set out by the Kingdom of Saudi Arabia for the deployment of renewable energy are strongly aligned with the hopes and ambitions of the country’s young people, according to global research […]
By Se Young Lee and Stephen Nellis | SEJONG, South Korea/SAN FRANCISCO SEJONG, South Korea/SAN FRANCISCO South Korea’s antitrust regulator fined Qualcomm Inc (QCOM.O) 1.03 trillion won ($854 million) for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in South Korea, marks the latest antitrust […]
When the direct trading link between stock markets in Shenzhen and Hong Kong opened this month, local dignitaries were easy to spot at the launch events. Less conspicuous were international investors ready to take advantage of what was billed as a big opportunity to buy into Chinese equities. The link offers foreign investors greater access to shares on the Shenzhen Stock Exchange, home to some of China’s up […]
As president-elect Trump plays Boeing and Lockheed off against each other, China flexed its military muscles once again – after sending its aircraft carrier Liaoning into the western Pacific – by testing the latest version of its fifth-generation stealth fighter, state media reported on Monday, as it tries to end the West’s monopoly on the world’s most advanced warplanes. As The South China Morning Post reports, the […]
BEIJING The eastern Chinese city of Wuxi will suspend poultry trade from Thursday amid fears about bird flu, becoming the second city in Jiangsu province to halt live poultry markets, it said. The city will close live poultry wholesale markets, restrict vehicles carrying live poultry from entering Wuxi markets and temporarily ban the entry of outside poultry, the city’s information office said on Wednesday on its official […]
Nearly half of all new mobile device and app activations across the United States during the week leading up to Christmas and the beginning of Chanukah were for the Apple iPhone, according to analyst firm Flurry. Flurry reported that during the week, 44 percent of all new phone and tablet activations involved Apple devices, while just 21 percent were across Samsung smartphones and tablets, with the latter […]
BEIJING The Vatican should take steps to improve relations with China, the Chinese head of religious affairs said on Tuesday, a week after the Roman Catholic Church said it was hoping for “positive signals” from Beijing. Pope Francis is trying to heal a decades-old rift with China where Catholics are divided between those loyal to him and those who are members of a government-controlled official church. One […]
TAIPEI China’s sole aircraft carrier the Liaoning has arrived at a naval base on the southern Chinese province of Hainan, a senior Taiwanese military officer said on Wednesday, after drills that took it around the island China claims as its own. China has given few details of what the Soviet-built Liaoning is up to, save that it is on a routine exercise. Taiwan has said the aircraft […]
By Thomas Wilson and Saeed Azhar | TOKYO/SINGAPORE TOKYO/SINGAPORE Japan Inc may become a more important force in dealmaking next year as its cashed-up companies seek to buy growth prospects elsewhere in the world and as Beijing’s crackdown on capital outflows prevents some Chinese companies from making foreign acquisitions, bankers and lawyers said. Facing tepid prospects at home after decades of stagnation amid a shrinking population, Japanese […]
Obama says Japanese leader’s Pearl Harbor visit shows power of reconciliation | Reuters ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } PEARL HARBOR, Hawaii U.S. President Barack Obama said on Tuesday Japanese Prime Minister Shinzo Abe’s visit to the site of the 1941 Japanese attack on Pearl Harbor showed the power of reconciliation. “This historic gesture speaks to the power of reconciliation. … A reminder that even the deepest wounds of […]
Your daily guide to community and cultural activities across the Emirates for December 28, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Dubai Art exhibition See the exhibition As If Anything Here Belonged To You, in which artist Cecilia Fattorini presents works about our impact on the world, sourcing her subject matter from the rhythms and […]
Russian sports officials had vehemently denied the doping operation’s existence despite a detailed confession by the nation’s former antidoping lab chief, Dr. Grigory Rodchenkov, in a New York Times article last May that was subsequently confirmed by global antidoping regulators. Continue reading the main story An investigator appointed by the World Anti-Doping Agency, Richard McLaren, published more extensive evidence this month that prompted the International Olympic Committee […]
