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By Jeremy Wagstaff and Dustin Volz | SINGAPORE/WASHINGTON SINGAPORE/WASHINGTON Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday but cybersecurity experts warned of a wider impact as more employees turned on their computers and checked e-mails. The ransomware that has locked up more than 200,000 computers in more than 150 countries has been mainly spread by e-mail, hitting factories, hospitals, shops and […]

WASHINGTON President Donald Trump is trying to determine how keeping his promise to move the U.S. Embassy in Israel to Jerusalem could affect his hopes of brokering a peace deal between the Israelis and the Palestinians, his secretary of state said on Sunday. Since taking office in January, Trump has shown signs of shelving his campaign pledge to move the embassy from Tel Aviv, while vowing to […]

By Benjamin Kang Lim | BEIJING BEIJING China and the Philippines will start bilateral consultations on the disputed South China Sea this week, the Philippine ambassador to Beijing said, as Manila looks to ease tensions with Asia’s top economic power. Philippine President Rodrigo Duterte, who is visiting Beijing this weekend to attend a summit on China’s new Silk Road plan, has opted to court China for its […]

While equity volatility has collapsed to record lows (amid the biggest increase in net VIX shorts in 9 months), positioning across bond, FX, money market, and commodity markets has been shifting massively in recent weeks. As US Macro data has crashed to its weakest and most negative in 12 months…   US equity complacency has hit record lows…   As Speculators add to VIX shorts by the […]

TOKYO Western Digital Corp (WDC.O) has sought international arbitration to stop partner Toshiba Corp (6502.T) from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate. California-based Western Digital is a long-standing joint venture partner and runs Toshiba’s main semiconductor plant in Japan. It has sought to bid for the Toshiba chips business, but is not seen as the front-runner, […]

The National Aeronautics and Space Administration (NASA) recently confirmed that the Space Launch System (SLS) rocket and Orion Spacecraft will have an unmanned maiden flight despite earlier plans for a crewed mission. According to the NASA, it is already too late into the mission planning schedule to accommodate changes from its original plan for the Exploration Mission 1 (EM-1), which was designed to have an unmanned first flight […]

By Michael Martina and Christian Shepherd | BEIJING BEIJING North Korea kept a low profile at the opening of a summit in Beijing on China’s new Silk Road plan on Sunday, after the United States warned China Pyongyang’s attendance could affect the participation of other countries. North Korea’s attendance at China’s biggest diplomatic event this year raised further eyebrows after Pyongyang fired a ballistic missile early on […]

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By Michel Rose and Jean-Baptiste Vey | PARIS PARIS Emmanuel Macron took power as president of France on Sunday, vowing to restore the country’s status in Europe and the world and heal divisions in society — a nod to the bitter campaign the pro-EU centrist fought to defeat a far-right leader. The 39-year-old former investment banker, unknown to the wider public three years ago and whose May […]

Having single-handedly hounded Home Capital Group – the company which we predicted in 2015 would be “ground zero” for any potential Canadian financial crisis, and has emerged as the Canada’s equivalent to the infamous New Century which in 2007 presaged the upcoming global financial crisis – into near oblivion, noted chicken-farmer and short-seller, Marc Cohodes, over the weekend revealed the full details behind his latest short thesis: […]

DUBAI // The Ministry of Education published a calendar for next academic year giving public school pupils in Dubai and the Northern Emirates a four-week winter break, while teachers will have two. The new school year will begin September 3 for teachers and September 10 for pupils. The winter break will begin December 17 for both pupils and teachers, and the second term will not resume until […]

By Suleiman Al-Khalidi | AMMAN AMMAN More than 1,500 rebels and their family members left the devastated district of Qaboun on the edge of the Syrian capital Damascus after more than two months of aerial strikes and artillery shelling, rebels and state media said on Sunday. The rebels had agreed overnight to a secret evacuation deal after being cornered in a small pocket of Qaboun, which lies […]

DUBAI Former president Mohammad Khatami, considered the spiritual leader of Iran’s reformists, urged voters on Sunday to re-elect President Hassan Rouhani and support his policy of seeking to end Iran’s isolation from the rest of the world. Iran’s hardline security and judicial powers, which operate separately to the presidency and are close to Iran’s ultimate authority – Supreme Leader Ayatollah Ali Khamenei – have banned media from […]

14 May 2017 Manama, Bahrain: Bank ABC (Arab Banking Corporation B.S.C.) today announced that its consolidated Group net profit, attributable to the shareholders of the parent, for the first quarter of the year 2017 was US$50 million. These results are 22% higher compared to a profit of US$41 million reported for the same period last year, benefitting from strong performance in all core businesses. Total operating income […]

By Benjamin Kang Lim | BEIJING BEIJING China and the Philippines will start bilateral consultations on the disputed South China Sea this week, the Philippine ambassador to Beijing said, as Manila looks to ease tensions with Asia’s top economic power. Philippine President Rodrigo Duterte, who is visiting Beijing to attend a summit on China’s ambitious new Silk Road plan, has opted to court China for its business […]

Three former employees of Donald Trump claim to have personally witnessed him recording phone calls at Trump Tower in New York, and a fourth person said a recording of him was entered into evidence in a lawsuit – the Wall St. Journal reports. Mr. Trump sometimes taped phone conversations with associates and others from his Trump Tower office in New York, according to three people who say […]

By Ayesha Rascoe and Michael Martina | WASHINGTON/BEIJING WASHINGTON/BEIJING The United States and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington’s drive to cut its trade deficit with Beijing. The deals are the first results of 100 days of trade talks that began last month, when […]

North Korea’s conducted its latest weapons test on Sunday, presenting South Korea’s Moon Jae-in with his first foreign policy challenge and raising fears that Pyongyang may have developed a new kind of missile. Japan’s defence minister said the missile had reached an altitude of 2,000km on its 700km journey, potentially indicating a new type of rocket. David Wright, a physicist and missile expert, wrote on the All […]

Samsung Galaxy S8 review: The good, the bad, the beautiful Samsung sent me a Galaxy S8 to review a month ago, and my personal T-Mobile orchid gray model arrived just a day after my review went live. I’ve been using that device as my daily driver ever since. The Samsung Galaxy S8 is an evolution of the S7 Edge and Note 7, but since the Note 7 […]

Newly re-elected President of the Chamber of Advocates George Hyzler said that lawyers are concerned about the effect that the Panama Papers and other recent allegations, and the negative international coverage resulting from them, will have on the financial services sector in particular. Asked about the effects of such revelations on the financial services sector, and whether lawyers are concerned about this, Dr Hyzler – who […]

Authored by Paul Criag Roberts, “Fifty years ago, the streets of Leningrad taught me one thing: If a fight is inevitable, you must strike first.” Vladimir Putin In George Orwell’s 1949 dystopian novel, 1984, information that no longer is consistent with Big Brother’s explanations is chucked down the Memory Hole. In the real American dystopia in which we currently live, the information is never reported at all. […]

BEIJING British finance minister Philip Hammond said on Sunday Britain is a natural partner for China’s new Silk Road programme, and as it leaves the European Union (EU) it wants more trade with the world not less. China is one of the countries Britain hopes to sign a free trade agreement with once it leaves the EU, and London and Beijing have been keen to show that […]

Emmanuel Macron will formally become French president on Sunday and will immediately be put to the test by challenges from choosing a prime minister to pressing Germany to back a tougher EU stance on trade and investment. Mr Macron, a 39-year-old Europhile pro-business centrist, is taking over a country on edge after an unpopular Socialist presidency and a rollercoaster campaign marked by the qualification of the far-right […]

By Ju-min Park and Jack Kim | SEOUL SEOUL North Korea fired a ballistic missile on Sunday in defiance of calls to rein in its weapons programme, South Korean and U.S. officials said, days after a new leader took office in the South, pledging to engage it in dialogue. The U.S. Pacific Command said it was assessing the type of missile but it was “not consistent with […]

Under the patronage of the Minister of Education and Higher Education HE Dr. Mohammad AL Fares Best Student Company of the year 2017′ went to” Youth Creation” for the University category and” Agrivage” for the High School category 13 May 2017 Kuwait – Under the patronage of the Minister of Education and Higher Education, HE Dr. Mohammad Al Fares, INJAZ-Kuwait successfully concluded its annual Company Program […]

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