Saudi Arabia’s King Salman starts a month-long Asian tour on Sunday to build ties with the world’s fastest growing importers of Saudi oil and promote investment opportunities, including the sale of a stake in its giant state firm Saudi Aramco. The octogenarian monarch, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is expected to visit Malaysia, Indonesia, Japan […]
RIYADH Saudi Arabia’s King Salman starts a month-long Asian tour on Sunday to build ties with the world’s fastest growing importers of Saudi oil and promote investment opportunities, including the sale of a stake in its giant state firm Saudi Aramco. The octogenarian monarch, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is expected to visit Malaysia, Indonesia, […]
For years, it was something in the olive oil. Scientists, puzzled by the lengthy lifespans of Mediterranean communities, pointed to the condiment as a key ingredient in the elixir of life. Then there was Japan, whose lengthy spell at the top of global longevity rankings was put down to its citizens’ low-fat diet and love of raw fish. Now, with South Koreans storming to the top of […]
TOKYO Asian shares took a breather on Friday, slipping from 1-1/2-year highs as material shares were hit by sudden falls in copper and other commodity prices while investors assessed Washington’s stance on tax and currency policies. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.5 percent, giving back part of this week’s gains, though it is likely to log its fifth straight weekly advance. […]
By Rozanna Latiff and Emily Chow | KUALA LUMPUR KUALA LUMPUR VX nerve agent, a chemical on a U.N. list of weapons of mass destruction, was used to kill the estranged half-brother of North Korean leader Kim Jong Un in last week’s bizarre murder in a busy Kuala Lumpur airport, Malaysian police said on Friday. Kim Jong Nam died on Feb. 13 after being assaulted by two […]
By A. Ananthalakshmi and Liz Lee | KUALA LUMPUR KUALA LUMPUR VX, the chemical used in the airport murder Kim Jong Nam, is one of the deadliest chemical weapons created by man. Just 10 milligrams of the nerve agent or a single drop enough to kill in minutes, experts say. With the texture and feel of engine oil, VX was first produced in the United Kingdom in […]
Friday 05.00 GMT Overview Asian stocks looked set to end a solid week on a down note, taking their cue from a subdued session on Wall Street as investors looked past some optimistic comments on US tax cuts and failed to catch a boost from higher oil prices. Hot topic Steve Mnuchin, the US Treasury Secretary, said the White House wanted to pass “very significant” tax reform […]
For a century after the incredibly influential writings of Carl von Clausewitz in the early years of the 19th-century, the study of war, specifically the study of battles, occupied a regal prominence in the field of history-writing. It was taken as a given that the study of battles was illustrative, even vaguely ennobling, and monumental, multi-volume battle-histories appeared at regular intervals, often running to many reprints and […]
By Steve Holland | WASHINGTON WASHINGTON President Donald Trump said on Thursday he wants to build up the U.S. nuclear arsenal to ensure it is at the “top of the pack,” saying the United States has fallen behind in its atomic weapons capacity. In a Reuters interview, Trump also said China could solve the national security challenge posed by North Korea “very easily if they want to,” […]
Viewers who love to binge series like Daredevil, Jessica Jones and Luke Cage are about to get introduced a yet another superhero on Netflix. Netflix announced its lineup of new titles coming to the platform in March, with plans to release even more new original content along with viewers favorite titles. This includes the anticipated series based in the Marvel Universe, Iron Fist based on the comic […]
It might already be two months into the new year, but in terms of hotel milestones, it’s just about to start. Just as the UAE’s residential sector is producing a much-needed surplus of property, consumers are set to benefit as this year’s hotel industry pipeline turns out a wave of audacious new developments. From a new Viceroy, Langham and Bulgari in Dubai to an Aloft in Al […]
America’s Midwest farmers can’t seem to catch a break. First, an epic collapse of grain prices over the last couple of years have threatened to wipe out family farmers (see “Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017“) and now, thanks to the pending NAFTA showdown threatened by President Trump, Mexico, the single largest importer of U.S.-grown corn, has announced plans to […]
SK Hynix will consider making a fresh bid for Toshiba’s NAND flash memory business if the latter puts more on the table, the CEO of the Korean chip giant has said. SK Hynix CEO and vice chairman Park Sung-wook told reporters on the sidelines of a semiconductor conference in Seoul that if Toshiba puts forward a specific offer and schedule it will consider taking them. Park declined […]
By Naomi Tajitsu and Chang-Ran Kim | TOKYO TOKYO Nissan Motor Co (7201.T) said Carlos Ghosn will step aside as CEO after leading the firm for 16 years, allowing him to concentrate on deploying his cost-cutting expertise across its alliance with Renault SA (RENA.PA) and newly added Mitsubishi Motors Corp (7211.T). In handing over the helm to Hiroto Saikawa, a company veteran of 40 years, Ghosn ends […]
Thursday 05:25 GMT Overview Asian stocks fell, following their US counterparts lower as investors digested the minutes of the Federal Reserve’s January policy meeting. Hot topic The Fed’s minutes showed that “many” policymakers thought it would be appropriate to raise short-term US interest rates again “fairly soon”, even given potential uncertainty around the new Trump administration’s economic policies and possible tax cuts. The market view on rates […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks pulled back from a 19-month high on Thursday, while the dollar tried to steady from losses suffered in the wake of the U.S. Federal Reserve minutes indicating a cautious approach to more interest rate increases. MSCI’s broadest index of Asia-Pacific shares outside Japan was fractionally lower. Japan’s Nikkei slid 0.1 percent, while Australian shares retreated 0.3 percent. Overnight on […]
TSURUTA CITY, JAPAN (Reuters) – More than 30 bald men gathered at a hot spring facility in Tsuruta City, Japan, on Wednesday to show off their hairless heads and have fun. (via WSJ)
Wednesday 12:45 GMT Overview US equity futures suggest Wall Street will dip from record levels that were reached amid a positive outlook for economic growth. Political concerns leave the euro carrying the wooden spoon in the forex markets, while the rush for supposed havens pushes short term German bond yields to their lowest ever. Hot topic The FTSE All-World equity index is at another record, up 0.1 […]
By Henning Gloystein | SINGAPORE SINGAPORE Oil traders from around the world, including the United States, Britain and Brazil, have tripled their sales to Asia as they take advantage of an emerging supply gap following OPEC-led production cuts announced late last year. Around 30 supertankers have this month made long-haul trips to ship crude oil from the Americas, the North Sea and the Mediterranean to refineries across […]
Australia’s mobile networks have again risen in the global rankings to being the fifth fastest in the world with an overall speed of 26.25Mbps across 3G and 4G, according to telecommunications coverage mapping company OpenSignal’s latest report. South Korea was ranked first, with 37.54Mbps overall speeds — calculated on the average mobile data connection based on speeds and availability of 3G and 4G networks — followed by […]
By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up on Wednesday, joining a record-setting night for world markets as investors cheered upbeat factory activity in Europe and solid earnings on Wall Street. The dollar was steady after hawkish comments from top Federal Reserve officials bolstered expectations the world’s no. 1 economy was strong enough to keep policymakers on course to further raise rates this year. MSCI’s […]
The International Monetary Fund’s description of Greek debt as potentially explosive has left negotiators in Brussels struggling to bridge the differences between Athens and its creditors before time runs out to avert default. With creditors unwilling to release the next tranche of bailout money needed to keep the country afloat, Greece is facing €7bn of debt redemptions in July that it cannot afford. Investors appear to have […]
iPad sales are in serious decline, but Apple CEO Tim Cook remain “very bullish” about the tablet. Can a March refresh turn things around? Must read: OLED iPhone 8 may finally have the feature that owners have been craving The Internet of Things 10 types of enterprise deployments As businesses continue to experiment with the Internet of Things, interesting use cases are emerging. Here are some of […]
Tuesday 08:45 GMT Overview European stocks are easing back after a mixed Asia session as Wall Street looks to re-enter the fray at record levels. The dollar is stronger and Treasury yields are moving up as expectations build of tighter US monetary policy, a scenario that is hurting gold. Hot topic European government bond markets remain a focal point for investors after an opinion poll showed Marine […]
