TOKYO Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google have joined bidding for Toshiba’s (6502.T) NAND flash memory unit, vying with others for the Japanese firm’s prized semiconductor operation, the Yomiuri Shimbun daily reported on Saturday. Toshiba shareholders on Thursday agreed to split off its NAND flash memory business, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges […]
Japan: Air traffic control plan for predicted drone delivery surge UPS tests residential delivery via drone Hackers can steal your data just from a PC’s blinking LED lights FDNY uses drone for the first time to tame Bronx fire The French military trained eagles to take down terrorist drones Rent your neighbor’s drone: Meet the AirBnB of UAVs These tiny drones use gel on their hair to […]
By Kentaro Hamada and Taro Fuse | TOKYO TOKYO Toshiba Corp will likely miss a third deadline to report its quarterly business results, two sources told Reuters, forcing the Japanese conglomerate to ask for a fresh extension or face a possible delisting from the Tokyo Stock Exchange. A third postponement of the October-December earnings, past the latest deadline of April 11, looks necessary because Toshiba’s auditor, PricewaterhouseCoopers […]
Your daily guide to community and cultural activities across the Emirates for March 28, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi & Dubai Film […]
Silver Lake, the tech-focused private equity group, has teamed up with US chipmaker Broadcom in an attempt to acquire Toshiba’s semiconductor business for nearly $18bn, people briefed about the situation said. The Japanese company is in talks with several other potential suitors for its chipmaking unit, these people said, as it hopes that the sale will help it meet any financial shortfalls related to this week’s bankruptcy filing for […]
Investors are flocking back to European equities and propelling a rally across continental stock markets as money managers downplay fears around the upcoming French elections and fallout from Brexit. The shift — which follows a torrid 2016 when investors pulled roughly $100bn from the asset class — has been driven by hopes of a synchronised global economic expansion accelerating. European stock fund managers received $1.5bn in the […]
ROME The G7 group of rich nations committed on Friday to pursuing the creation of a U.N. peacekeeping force to protect world heritage sites from destruction in conflict and combating the trafficking of plundered treasures. Destroying antiquities at heritage sites like the ancient Syrian city of Palmyra and the shrines of Timbuktu in Mali has increasingly become a tactic of war for groups like Islamic State, both […]
Dubai, UAE, Singapore, March 31, 2017 Takeda Pharmaceuticals Company Limited (“Takeda”),announced today that Ricardo Marek has been appointed as the President of the Emerging Markets Business Unit (EMBU), based in Singapore, effective April 1, 2017. In his new role he will lead allbusiness operations across five geographic Areas that compriseEM BU – Asia Pacific (excluding Japan), China, Latin America, Middle East & Africa and Russia-CIS. Marekwill also […]
Persona 5 is finally set to be released in North America after a pair of delays that pushed the game’s launch from last year to February, and then again to April 4. As gamers look forward to the arrival of the Phantom Thieves of Hearts of Persona 5, PlayStation 4 owners should expect that one of the gaming console’s most popular features will not work with the RPG. […]
By Praveen Menon and James Pearson | KUALA LUMPUR KUALA LUMPUR Three North Koreans wanted for questioning in the murder of Kim Jong Nam, the estranged half-brother of their country’s leader were believed to be returning home with the coffin of the victim on Friday after Malaysia agreed a swap deal with the reclusive state. Photographs obtained by Reuters from Japan’s Kyodo news agency show Hyon Kwang […]
Friday 05.10 BST Overview Asian stocks were mostly positive on Friday as investors prepared to end a solid first quarter of 2017 and Wall Street closed in on record highs. Hot topic 1 South Africa’s rand was 1.2 per cent weaker in Asian trading in the wake of the nation’s finance minister, Pravin Gordhan, being dismissed on Thursday by President Jacob Zuma. The currency has shed a […]
KUALA LUMPUR Two, possibly three, North Koreans wanted for questioning over the murder of the estranged half-brother of their country’s leader were believed to have accompanied the coffin of the victim on a flight from Kuala Lumpur after Malaysia agreed a swap deal with the reclusive state. Photographs obtained by Reuters from Japan’s Kyodo news agency show Hyon Kwang Song, the second secretary at the North Korean […]
By Nichola Saminather | SINGAPORE SINGAPORE The dollar extended its overnight gains in early Asian trade on Friday on signs of strong U.S. economic growth, while the euro inched up after sliding overnight on data suggesting slowing growth in Europe. Stock markets in Asia were off a bit despite solid gains on Wall Street as investors awaited China’s official manufacturing purchasing managers index data for March. The […]
Authored by James Holbrooks via TheAntiMedia.org, Adding fuel to an already highly combustible situation in Southeast Asia, Reuters reported Tuesday that China has “largely completed major construction of military infrastructure on artificial islands it has built in the South China Sea,” and that the Asian superpower “can now deploy combat planes and other military hardware there at any time.” Citing satellite imagery analyzed by the Asian Maritime […]
Friday is inflation day. A quiet week for economic data springs into life with reports on Japanese jobs and industrial production; French consumer spending; German unemployment; UK GDP; and US personal income and consumer sentiment. Prices will be a constant theme, with various inflation iterations presented by Japan, France and the US — the latter in the form of the PCE deflator. But arguably the most intriguing […]
TOKYO Japan is considering relaxing restrictions on visas for tourists from China, three people with direct knowledge of the matter said on Thursday, hoping to extend a tourism boom and lend support to consumer spending. Since Prime Minister Shinzo Abe took office in late 2012, his government has gradually eased visa requirements for Asian countries, pushing to a record high the number of inbound visitors and sparking […]
By Anthony Esposito | MEXICO CITY MEXICO CITY Mexico’s states are turning to Asia and beyond as some U.S. companies put investment plans on hold south of the border following President Donald Trump’s calls to bring jobs back home. A delegation of three Mexican state leaders, headed by the National Confederation of Governors (Conago), traveled to China this week to meet with business leaders and discuss investment […]
The Tasman Global Access (TGA) submarine cable has been switched on, connecting New Zealand with Australia, thanks to a partnership between telecommunications carriers Telstra, Spark, and Vodafone. The $100 million 2,288km submarine cable, which extends from Ngarunui Beach in Raglan to Narrabeen Beach in Sydney, is made up of two fibre pairs with a total capacity of 20Tbps. Following construction, the cable was laid by Alcatel-Lucent Submarine […]
TOKYO Japan’s ruling party on Thursday urged Prime Minister Shinzo Abe’s government to consider acquiring the capability to hit enemy bases and to beef up missile defence, as North Korea defies U.N. sanctions with its nuclear and missile development. “North Korea’s provocations have reached a level where our country can by no means overlook them … We cannot afford to lose any time to bolster our ballistic […]
TOKYO Toyota Motor Corp (7203.T) on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Europe and other regions including its Corolla Axio sedan and RAV4 SUV crossover due to potentially faulty airbags. The Japanese automaker said that the latest recalls were part of a wider recall of airbags which use inflators made by Takata Corp (7312.T) ordered by global transport […]
Engineer Atsushi Shimizu, founder and CEO of the Japanese venture company Challenergy, stands next to his bladeless wind turbine in Tokyo Most people look for a place to hide when a typhoon is on the horizon, but Atsushi Shimizu hopes that the fury of nature may one day help resource-poor Japan tackle its energy woes. As thousands of Australians seek shelter from a “monster” cyclone battering the […]
TOKYO Asian shares edged up to near their highest in two years on Thursday, while the dollar benefited from waning expectations that the European Central Bank was poised to end its easy policy. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was 0.2 percent higher in early trade, pushing against its loftiest levels since June 2015. Japan’s Nikkei stock index .N225 was down 0.2 percent, while […]
Most people will tell you that where you stay on vacation doesn’t matter, that it’s the city that counts. I’ve unlearned this in my travels, so much so that I’ll pick a city to visit based on the place I can stay. How you experience a city has absolutely everything to do with the place you inhabit, particularly when you travel solo and are left to your […]
Born in Sheffield, British chef Jason Atherton ran away from home at 16 to pursue a life in food. Early in his career, he trained with chefs such as Pierre Koffmann and Marco Pierre White. In 2001, he joined the Gordon Ramsay group and opened Ramsay’s restaurant Verre at the Hilton Dubai Creek. He returned to the UK in 2005 to open another Ramsay restaurant, but by […]
