Tuesday 08:45 GMT What you need to know ● Markets recovering their poise after “Trump trade” wobble● S&P 500 futures higher and helping European to open on the front foot ● Energy stocks underpinning bourses as oil prices gain ground● Dollar steadies after sliding to four-month lows, Treasury yields nudge up● Gold prices ease back as haven flows dwindle——————- Hot topic Investors are rediscovering their risk appetite […]
HONG KONG Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of the publisher of Forbes magazine, two sources with knowledge of the matter told Reuters. Hong Kong-based investor group Integrated Whale Media Investments (IWM), which holds 95 percent of Forbes Media, is also in talks with another Chinese media firm and is scouting for more potential buyers for most […]
MANILA, Philippines — The European Union on Monday summoned a Philippine envoy to explain an expletive-laden tirade by President Rodrigo Duterte, who threatened to hang EU officials for opposing his efforts to re-impose the death penalty. The EU’s external action service, the equivalent of a foreign office, said it hauled Charge d’Affaires Alan Deniega in to its Brussels headquarters to provide “an explanation for the recent, unacceptable comments […]
Like many others, I’m interested in diminutive action cams modeled GoPro’s popular line of devices, which are targeted at people who like to jump off cliffs with one of these gadgets attached to their person. Not surprisingly, there are a number of low-priced competitors coming from obscure Chinese off brands. They sell like crazy, but are they valid rivals or total duds? It’s hard to […]
Peruvian ceviche is the new sushi, according to Sanjay Dwivedi, the executive chef at Coya, which has venues in London, Miami, Dubai and, as of last week, at The Galleria in Abu Dhabi. Coya’s debut in the capital marks the latest in a long list of South American-inspired eateries to have popped up in the UAE in recent months – from Pollo Pollo and Lima to Inka. […]
MANILA: The Philippines Monday (Mar 27) took delivery of two Japanese military surveillance aircraft to help it patrol vital sea lanes in the South China Sea, despite Manila’s increasingly conciliatory stance to Beijing’s claims over the disputed waters. Japan will lease a total of five surplus Beechcraft TC-90 planes to the Philippines, according to Manila’s defence secretary Delfin Lorenzana. Philippine military chief General Eduardo Ano said the […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. So when President Trump raised the white flag on Obamacare Friday, did he pick up the phone and gave the exclusive to Breitbart, The Daily Caller or LifeZette? Nope. He called reporters at The Washington Post and The New York […]
A Beijing court has overturned a ruling that Apple’s iPhone 6 violated a patent owned by local manufacturer Shenzhen Baili, the South China Morning Post has reported. The Beijing Intellectual Property Office ruled last May that the tech giant violated design patents of the local device with its iPhone 6 and iPhone 6 Plus, and as a result was ordered to cease selling the smartphone in Beijing. […]
China has eclipsed Singapore as the biggest source of investment in Malaysian real estate, as soaring domestic property prices push mainland investors to hunt for bargains abroad. Chinese groups have invested more than $2.1bn in Malaysian real estate over the past three years, compared with $985m invested by Singaporean companies between 2014 and 2016, according to figures from Real Capital Analytics based on completed transactions of $10m […]
Monday 04:30 GMT Overview Dollar weakness weighed down Asia-Pacific equities while government bonds and gold gained as investors in the region sought havens in the wake of US President Donald Trump’s failure to repeal Obamacare. Hot topic The US dollar was lower against a variety of currencies in Asia as investors tempered expectations of pro-business reforms from the Trump administration after Republicans failed to unify around healthcare […]
March 26, 2017 by: FT Confidential Research Government efforts to cool the Chinese housing market are not working. Despite an intensifying clampdown, more households expect prices to continue rising in the coming months, particularly in the richest cities that are the focus of the government’s campaign. Consumer sentiment towards real estate purchases has also spiked, probably in response to widespread coverage of the policy tightening. The clampdown […]
The Australian government has signed a formal “Dialogue on Innovation” agreement with China that will see both countries exchange ideas between government representatives, business, and the research sector. Under the arrangement, both countries will contribute up to AU$6 million over three years to the next round of the Joint Research Centres, under the Australia-China Science and Research Fund (ACSRF), which supports strategic science, technology, and innovation collaboration […]
A Beijing court has overturned a ruling that Apple’s iPhone 6 violated a Chinese manufacturer’s patent which saw the US tech giant ordered to cease selling the smartphone in China. In May last year the Beijing intellectual property bureau had ruled that Apple violated design patents of Chinese maker Shenzhen Baili with its iPhone6 and iPhone 6 Plus, and would be barred from selling those models. […]
General Electric is planning to launch products based on what it calls a Digital Ghost, a combination of its digital twin efforts and industrial control technologies, to thwart cyberattacks. This effort, which is likely to be commercialized in the next year, aims to us physics to thwart attacks. Industrial machines would be able to sense anomalies that would trigger an autoimmune response to attacks. GE’s plans could […]
China has prevented an academic critical of its growing influence in Australia from travelling home to Sydney, casting a shadow over Chinese Premier Li Keqiang’s state visit to the country. Feng Chongyi, a Chinese citizen who teaches at University of Technology Sydney, was halted from boarding at least two flights from China to Australia this weekend. Mr Feng is a permanent resident of Australia, which means he […]
HONG KONG Carrie Lam, who won an election to become Hong Kong’s first female chief executive on Sunday, is a former student activist who climbed the rungs of the civil service over 36 years, and a tough, capable and possibly divisive Beijing-backed leader. Lam, 59, most recently Hong Kong’s number two official, has to unify the Chinese-ruled city as public resentment swells at Beijing’s growing interference in […]
HONG KONG Carrie Lam, who won an election to become Hong Kong’s first female chief executive on Sunday, said afterwards that her first job is to reduce social tensions. She was chosen from among several candidates by a 1,200-person “election committee” stacked with pro-Beijing and pro-establishment loyalists. Most of Hong Kong’s 7.3 million voters have no say in the choice of leader in the former British colony […]
By James Pomfret and Venus Wu | HONG KONG HONG KONG A Beijing-backed civil servant, Carrie Lam, was chosen to be Hong Kong’s next leader on Sunday amid accusations that Beijing is meddling and denying the financial hub a more populist leader perhaps better able to defuse political tension. The majority of the China-ruled city’s 7.3 million people have no say in deciding their leader, who is […]
HONG KONG Former senior Hong Kong government official Carrie Lam was on Sunday elected the city’s next leader by a 1,200-election committee stacked with Beijing loyalists, according to broadcaster Cable TV. Most of Hong Kong’s 7.3 million voters have no say in the choice of leader in the former British colony that returned to Chinese rule in 1997, at a time when tensions with Beijing have been […]
It’s a little weird to think of India and China as buddies. There has been at least a half-century of rank hostility between the two most populous nations in the world, ostensibly kicking off when India gave the Dalai Lama refuge, post the Chinese invasion of Tibet. A short but debilitating border war in 1962; claimed occupation of territories by both sides; China’s alliance with Pakistan and […]
BEIJING A Chinese court has ruled in favor of Apple in design patent disputes between the Cupertino, California company and a domestic phone-maker, overturning a ban on selling iPhone 6 and iPhone 6 Plus phones in China, Xinhua news agency reported. Last May, a Beijing patent regulator ordered Apple’s Chinese subsidiary and a local retailer Zoomflight to stop selling the iPhones after Shenzhen Baili Marketing Services lodged […]
25 March 2017 Shanghai – Palm Jumeirah and its latest iconic creation – PALM M 360 – are pulling in the crowds in Shanghai, where Dubai developer Nakheel is exhibiting more than USD1.6 billion of real estate. The world-famous island is proving to be the star attraction at the three-day Dubai Property Show, taking place in Shanghai for the first time. Nakheel and its diverse range of […]
BOAO, China The world’s major nations are responsible for maintaining global peace, and all countries should remain committed to a road of stable and peaceful development, China’s Vice Premier Zhang Gaoli said on Saturday. His comments followed media reports this week that North Korea was in the final stages of preparing for another nuclear test. Earlier this month, Pyongyang launched four ballistic missiles in response to joint […]
TAIPEI China’s failure to respond on the matter of a Taiwan man missing on the mainland is causing his family “anxiety and panic”, Taiwan’s ruling party said on Saturday, as it called on authorities to protect the rights of Taiwan people. Concern has risen on self-ruled Taiwan about the whereabouts of Lee Ming-che, a community college worker known for supporting human rights in China who disappeared on […]
