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First Half

Telstra has confirmed that its enterprise voice and data outage across New South Wales was caused by a faulty piece of hardware. The outage affected only enterprise customers on Tuesday morning until 1pm AEDT, with consumer fixed-line and mobile services not impacted by the hours-long outage. Earlier this month, Telstra also experienced an outage across fixed-line and mobile services due to a fire at its Chatswood exchange […]

By Michael O’Boyle and Ana Isabel Martinez | MEXICO CITY MEXICO CITY Mexico’s central bank faces difficult decisions as it balances a spike in inflation against an expected economic slowdown, Deputy Governor Alejandro Diaz de Leon said on Monday. “We are in an especially complex environment,” Diaz de Leon told Reuters in an interview. Diaz de Leon pointed to the heightened risk of inflation from a weak […]

Kacific Broadband Satellites has announced that it will provide a 100Mbps satellite broadband service to under-served areas across more than 20 countries in South East Asia and the Pacific through a 702 Boeing satellite. The Kacific-1 satellite, being built by Boeing, will provide broadband via the projection of 57 Ka-band narrow beams targeted at geographically remote locations throughout those 20 countries, with the service to launch in […]

By Suleiman Al-Khalidi | AMMAN AMMAN Islamic State-linked Syrian militant groups on Monday launched a surprise attack on moderate rebels in southwestern Syria near the Golan Heights near where the Jordanian and Israeli borders converge, seizing several villages and a large town, rebels and witnesses said. Rebels said the militants were able to extend their area of control in territory that forms a natural barrier between Syria […]

Submitted by David Stockman via The Ron Paul Institute for Peace & Prosperity, General Flynn’s tenure in the White House was only slightly longer than that of President-elect William Henry Harrison in 1841.  Actually, with just 24 days in the White House, General Flynn’s tenure fell a tad short of old “Tippecanoe and Tyler Too”.  General Harrison actually lasted 31 days before getting felled by pneumonia. And the circumstances were considerably more benign. It seems that […]

Australian Prime Minister Malcolm Turnbull has reiterated that parts of the Trans-Pacific Partnership (TPP) trade deal are still worth salvaging despite the United States’ withdrawal last month, with Australia to continue pushing for a revised deal during a meeting in March with the remaining TPP members in Chile. “While Australia is disappointed by the decision of the United States to withdraw from the Trans-Pacific Partnership, we are […]

HONG KONG Asian stocks held near 1-1/2-year highs in subdued early trade on Tuesday as a holiday in the United States left investors with few catalysts, while the euro nursed overnight losses as lingering concerns about the looming French election rattled its bonds. Political concerns have been at the front and center of investors’ minds over the past week or so, with markets wary about the outcome […]

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The Panama Papers scandal is the mother of all corruption cases which continues to haunt Joseph Muscat’s Government till this day, Beppe Fenech Adami told the PANA committee today. The PANA committee is in Malta to investigate the Panama Papers scandal, which brought to light the fact that Minister Konrad Mizzi and OPM chief of staff opened companies in Panama. The full declaration of […]

By Erik Kirschbaum | BERLIN BERLIN The German government has drafted a law to allow authorities to tap into the phone and computer data of asylum-seekers if there are doubts about their nationalities – an unusual move in a country where data protection is sacred. According to a draft of the bill obtained by Reuters, officials at the Federal Office for Migration and Refugees (BAMF) will receive […]

By Gopal Sharma | KATHMANDU KATHMANDU Nepal will hold its first local elections in 20 years in May, a minister said on Monday, an important milestone in its long and difficult transition to democracy that the government hopes will culminate in a general election. The Himalayan nation has been unable to complete the journey to a republic because some regional groups rejected a constitution approved by bigger […]

By Stephen Kalin and Maher Chmaytelli | SOUTH OF MOSUL/BAGHDAD, Iraq SOUTH OF MOSUL/BAGHDAD, Iraq U.S.-backed Iraqi forces fought Islamic State fighters on Monday to clear the way to Mosul’s airport, on the second day of a ground offensive on the jihadists’ remaining stronghold in the western side of the city. Federal police and elite interior ministry units known as Rapid Response are leading the charge toward […]

KUALA LUMPUR The son of Kim Jong Nam, the estranged half-brother of the North Korean leader who was murdered in Kuala Lumpur last week, will arrive in the Malaysian capital late on Monday, according to an airline source and a media report. An airline source said Kim Han Sol was arriving in Kuala Lumpur on an AirAsia flight from Macau. Malaysian authorities have said they will release […]

By Ben Blanchard and Philip Wen | BEIJING BEIJING With the suspension of all North Korean coal imports, China has wielded a big stick against its reclusive neighbour, but there is no sign it will cut off all critical links and Beijing is still promoting talks to solve the dispute over Pyongyang’s programme to develop nuclear weapons. China has been getting increasingly fed up with what it […]

Submitted by Don Quijones via WolfStreet.com, Untouchable. Inviolable. Immunity. Impunity. These are the sort of words and expressions that are often associated with senior central bankers, who are, by law, able to operate more or less above the law of the jurisdictions in which they operate. Rarely heard in association with senior central bankers are words or expressions like “accused”, “charged” or “under investigation.” But in Spain this […]

By Rozanna Latiff | KUALA LUMPUR KUALA LUMPUR Footage from airport cameras purportedly showing the assault on the half-brother of the North Korean leader emerged on Monday as a row between Malaysia and North Korea escalated over the handling of the investigation into the killing of Kim Jong Nam. Malaysia recalled its envoy from Pyongyang and summoned North Korea’s ambassador in Kuala Lumpur, who again cast doubt […]

FRANKFURT PSA Group (PEUP.PA) has pledged to the German government to continue operating all four of Opel’s German production sites as part of the French carmaker’s planned takeover of General Motors’ (GM.N) European arm, German Sunday paper Bild am Sonntag reported. The planned sale was confirmed by both companies on Tuesday, raising the specter of cutbacks in the wake of a deal because Europe’s car industry has […]

Here are the questions the FT Markets team will be pondering this week: What do retail flows mean? Money flows are widely watched but, like anything in markets, there is signal and then there is noise. Investors poured money into global stock funds last week, one when US stock markets set fresh records, and US long-only equity funds received the first net inflow of cash ($0.5bn) in […]

UAE-based pharmaceutical manufacturer Julphar has reported a positive outlook for 2017 despite “difficult and uncertain” times in the regional economic cycle. The company, which announced the launch of two medications prescribed for the management of Type 2 diabetes, as disease rates hit record levels in the Middle East in October, said it expected the MENA pharmaceutical markets to improve in 2017. Julphar said its pipeline of new […]

KUALA LUMPUR Malaysian police said on Sunday that they were looking for four more North Korean suspects in connection with the murder of the estranged half-brother of North Korean leader Kim Jong Un. Malaysian police arrested a North Korean man on Friday in connection to the murder of Kim Jong Nam. Two female suspects, one an Indonesian and the other carrying Vietnamese travel documents, have also been […]

For populists on both sides of the Atlantic, “expert” is now an expletive, a synonym for out-of-touch elitists swindling the common man. This was perhaps most obvious during the Brexit referendum campaign, when the UK Justice Secretary and “Leave” advocate Michael Gove told a stunned interviewer that “the people of this country have had enough of experts … from organizations with acronyms saying that they know what is best.” Polling indicates […]

By Jonathan Landay | MUNICH MUNICH Russia has shown no change in behaviour or policies to embrace U.S. President Donald Trump’s offer of better relations or cooperation in fighting Islamist militants, U.S. officials and lawmakers say.     Trump’s latest overture was delivered by Vice President Mike Pence on Saturday to a security conference in Germany held amid European worries over U.S. commitment to the continent’s security and […]

DUBAI Dubai police have summoned a Russian model who posed for a video while dangling from a skyscraper to sign a pledge not to put her life in danger again, a local newspaper reported on Saturday. A video of the model, identified by local media as 23-year-old Viktoria Odintcova, went viral after she posted it on her Instagram account earlier in the week. It shows her stepping […]

The first modular seating elements are set to be installed at Al Bayt Stadium – Al Khor City as construction continues to advance, according to the organisers of the Qatar 2022 World Cup tournament. The stands of Al Bayt Stadium – Al Khor City are now visible from afar reaching a height of 39 metres from ground level, a statement said. It added that the modular construction […]

When Microsoft rolled out the “Windows as a Service” tagline for Windows 10, most of us assumed it was just another marketing ploy. But as we approach Windows 10’s two-year anniversary, it’s becoming apparent that there’s some substance behind the label. And for Windows power users and IT pros, the ramifications are just beginning to become apparent. Microsoft has published a handful of low-key technical articles covering […]

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