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By Anthony Boadle | BRASILIA BRASILIA President Michel Temer, confronting a corruption scandal tarnishing Brazil’s lucrative meat industry, met on Sunday with executives and foreign diplomats to assuage health concerns tarnishing a sector responsible for $12 billion in annual exports. The hastily called meetings, following raids by police on Friday investigating whether companies paid bribes to conceal unsanitary conditions at meatpackers, come as Temer works to protect […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks were mixed on Monday in thin trade, following Wall Street’s declines and the G20’s decision to drop a pledge to avoid trade protectionism, while the Federal Reserve’s less hawkish-than-expected comments continued to drag the dollar lower. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.1 percent. Chinese shares .SSEC added 0.2 percent, while Hong Kong’s Hang Seng […]

19 March 2017 Dubai Land Department (DLD), the strategic partner of the Dubai Property Show – Shanghai, hosted a preparatory meeting for Dubai property developers who will be exhibiting at the show from 24th to 26th March 2017. At the meeting, DLD discussed the various methods for ensuring the ongoing success of the show, including the promotional plan shared with exhibitors at the Real Estate Investment Management […]

Tim Byrnes is an unlikely symbol of China’s bid to become the world’s high-tech superpower. For a start he is Australian. Yet the 39-year-old quantum physicist’s decision to swap a research post in New York for Shanghai goes some way to explaining the lengths to which Beijing is going in its efforts to upend the world order. “Quantum physics is very strong in China,” says Mr Byrnes. […]

One day after Rex Tillerson warned that the US is contemplating a pre-emptive military attack on North Korea, the isolated nation announced it has conducted a ground test of a new type of high-thrust rocket engine that leader Kim Jong Un is calling a “revolutionary breakthrough” for the country’s space program, the North’s state media said Sunday. Kim attended Saturday’s test at the Sohae launch site, according […]

SHANGHAI A Chinese court has sentenced a senior police officer to 17 years in prison for his part in a bribes-for-projects scandal, proceeds from which were used to buy two homes in Australia, according to court documents. The corruption case comes amid an Australian government crackdown on foreign investors who have skirted overseas investment rules. The 59-year-old police boss of Guta district of Jinzhou City in the […]

SEOUL North Korea has conducted a test of a new high-thrust engine at its Tongchang-ri rocket launch station and leader Kim Jong Un said the successful test was “a new birth” of its rocket industry, the reclusive North’s official media said on Sunday. The engine would help North Korea achieve world-class satellite launch capability, KCNA said, indicating the test was of a new type of rocket engine […]

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Authored by Daniel Lang via SHTFplan.com, For most of its recent history, China has largely been a land power with no significant naval capabilities. They haven’t been able to exert much military influence beyond their coastline for hundreds of years. In fact, one of the reasons why Western powers had no trouble bullying China during the 19th and 20th centuries, was because the Imperial Navy under the […]

BEIJING U.S. Secretary of State Rex Tillerson told Chinese President Xi Jinping on Sunday that President Donald Trump looks forward to enhancing understanding with China and the opportunity for a visit in the future. Xi said he was glad to see good progress from Tillerson’s meetings in China so far and that he and Trump expect a new stage of constructive development in bilateral relations. Tillerson said […]

Philippine President Rodrigo Duterte shakes hands with visiting Chinese Vice Premier Wang Yang, in Davao City,the Philippines, on March 17, 2017. (Xinhua/Rouelle Umali) MANILA, March 18 (Xinhua) — A senior Chinese official said on Saturday that China and the Philippines enjoy broad prospects of pragmatic cooperation, urging the two countries to grasp the opportunity to deepen and enlarge bilateral cooperation. “China and the Philippines are close in […]

Apple, Huawei, LG, Samsung, Sony lead the way as retail extravaganza prepares to open its doors to thousands of visitors in Dubai Global smartphone revenues continue to grow; 97% of UAE users reliant on WhatsApp for communication 18 March 2017 Dubai, United Arab Emirates – Thinner, faster and even more intelligent than we could have imagined, smartphones are back with a bang this year and leading […]

Foreign investment capital has surged into Chinese domestic bonds over the past year, intensifying pressure for the inclusion of China’s $9.3tn bond market in dominant market indices that direct some of the world’s biggest fund flows, fund managers and analysts said. A year since China took meaningful steps to further open its bond market to international capital, inflows from foreign institutions rose 53 per cent to Rmb732bn […]

By Ben Blanchard | BEIJING BEIJING China is likely to express its anger at being told to rein in nuclear-armed North Korea when U.S. Secretary of State Rex Tillerson arrives in Beijing on Saturday, his first visit to the country since taking office last month. Beijing is expected to call on Washington to share responsibility in lessening tensions in the region, while strongly opposing this month’s deployment […]

Beijing, China – 16 March 2017 On the sidelines of King Salman bin Abdulaziz visit to China and during the 2017 ‘Saudi-China Investment Forum’, Huawei Tech. Investment Saudi Arabia and Royal Commission for Jubail and Yanbu have signed a milestone agreement to establish a training academy and a smart city innovation center in Yanbu, Saudi Arabia, accelerating smart city deployment in line with the Kingdom’s Vision 2030. […]

BEIJING China will begin preparatory work this year for an environmental monitoring station on Scarborough Shoal in the South China Sea, an official said, as two U.S. senators introduced a bill to impose sanctions on its activities in the disputed waterway. China seized the strategic shoal, which is also claimed by the Philippines, in 2012 and the United States has warned Beijing against carrying out the same […]

Tiffany & Co (TIF.N) reported fourth-quarter profit ahead of analysts’ estimates as it sold more jewelry in Japan and China, sending shares to a 19-month high in morning trading on Friday. Sales in Japan were bolstered by the brand exposure Tiffany got through a popular television show last year and a strong yen helped boost spending by Japanese tourists in other regions, Tiffany’s Chairman and interim Chief […]

BEIJING Even as Chinese Premier Li Keqiang pledges to ensure that blue skies never become a luxury, a state-backed firm is doing brisk business selling 48 yuan ($6.95) cans of fresh air bottled in a forest in western China. Each bottle is good for two minutes of uninterrupted use. From air-filter necklaces to anti-smog stockings, Chinese companies are touting innovative – if not odd – products to […]

By Sijia Jiang | HONG KONG HONG KONG Chinese technology conglomerate LeEco is looking to sell a 49-acre U.S. Silicon Valley property less than a year after buying it from Yahoo Inc, sources said, in what is the latest effort by the firm to ride out a cash crunch. LeEco, one of China’s most ambitious companies that grew from a Netflix-like video website to a business empire […]

From lush landscapes to buzzing cities, Vietnam is designed to dazzle. Few countries have changed so much in so little time. This intrepid corner of Southeast Asia has persevered through colonialism, communism, war and poverty, and like the proverbial phoenix, has risen again to claim top spots on countless bucket lists. Prepare for sensory overload. Though it has not forgotten its past, Vietnam has come roaring into […]

How much does the Gulf’s traditional folk music have in common with one of America’s greatest art-forms – jazz? Far more than any musicologist might realise, argues Tarek Yamani, the trailblazing UAE-based pianist, who exposes and explores the shared rhythmic strands linking these two distinct disciplines in an ambitious new, multi-faceted project. Commissioned by the Abu Dhabi Festival, Yamani’s conceptual new album Peninsular will have its live […]

The preparations for Fireworks Wednesday started Tuesday afternoon when the gardeners carefully laid out seven small piles of sand near the square. Seven is regarded as a holy number in Iran’s pre-Islamic Zoroastrian faith. They then brought over several wheelbarrow loads of firewood. I noticed several of my neighbors peeking down from their balconies. Fireworks Wednesday is traditionally celebrated on the last Tuesday before the end of […]

It is fitting that just a few hours until the Fed’s second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the […]

SEOUL Chinese authorities have arrested two South Korean Christian pastors, accusing them of helping to smuggle North Korean defectors out of China, the Yonhap news agency said on Wednesday. The arrests come amid tension between South Korea and China over the latter’s vociferous objections to the deployment in South Korea of a U.S. missile defense system that China says will destabilise the balance of security in the […]

By Kevin Yao and Ryan Woo | BEIJING BEIJING China’s Premier Li Keqiang reassured investors on Wednesday that the world’s second-largest economy is strong and not at risk of a hard landing, while stressing Beijing’s support for globalization and free trade at a time of rising protectionism. Li also reiterated that China does not want a trade war with the United States, and urged talks with Washington […]

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