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Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Millions Of Indians May Soon Be Deprived Of Government Assistance // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // APT29-linked campaign exploits outdated Apple and Android software // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Kochi police detain two actors over bid to honey trap doctor // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // UK air traffic outage inflicted £33m financial losses // Technology shares plunge as Nasdaq enters correction // Meraas showcases five residential zones at Dubai Design Week // ADIA and partners establish $1.4 billion aviation venture // TVM –Mangaluru Vande Bharat claims top spot // Dubai boat show confirms international shipyard line-up for November // OpenAI identifies 948 Linux privilege escalation flaws using AI // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Emirates Group records AED 4.1 billion half-year profit //

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Submitted by Charles Hugh-Smith via OfTwoMinds blog, Sorry, U.S. Census Bureau, I.R.S. and St. Louis Federal Reserve – you’re issuing “Russian propaganda” according to The Washington Post’s shoddy “fake news” methodology. In case you missed it, The Washington Post’s criminally careless publishing of “fake news” about purported “Russian propaganda” created a backlash–and the Post’s attorney-approved bleating to sidestep responsibility for publishing “fake news” failed to calm the […]

December 9, 2016 by: Lauren Fedor and Katie Martin in London Irish fruit distributor Fyffes has agreed to a takeover by a subsidiary of Sumitomo, a deal that will value the London-listed company at €751m and allow the Japanese conglomerate to dramatically expand its European food business. The two companies said on Friday that Swordus Ireland Holding, a wholly-owned subsidiary of Sumitomo, would acquire the entire share […]

Friday 06:00 GMT Overview Markets across Asia were mostly higher as investors reflected on record highs for Wall Street and the European Central Bank’s decision to tweak its asset purchase programme. European bourses are expected to open little changed, with spreadbetters predicting the UK’s FTSE 100 will be flat at 6,932 and Germany’s Dax to add 7 points to 11,186. US index futures suggest the S&P 500 […]

By Lisa Twaronite and Wayne Cole | TOKYO/SYDNEY TOKYO/SYDNEY Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central Bank’s decision to trim the size of its asset purchase program while also extending it for longer than many analysts had expected. MSCI’s broadest index of Asia-Pacific shares […]

I don’t know if it’s an age thing, but when someone says Chevrolet Malibu, my grey matter automatically conjures up images of a 1968 Chevelle coupé with a burbling 350-cubic-inch V8. But what was reality in the Swinging 60s is no longer true, because the Malibu has had to evolve to survive. The modern-day Malibu has a four-cylinder motor sitting east-west across the engine bay. Said power […]

Thursday 21:00 GMT Overview The European Central Bank’s latest policy surprise fuelled a volatile session for the euro and government bonds as participants appeared, initially at least, to struggle to assess its implications. But European stocks rose to 11-month highs while Wall Street overcame an early bout of fatigue to set yet more record peaks. Oil prices resumed their upward path, even as a stronger dollar unsettled […]

By freelance contributor Ben Bohane in Ly Son Island Posted December 09, 2016 05:35:32 Photo: Ly Son island, looking out towards the Paracels and Spratlys. (ABC News: Ben Bohane ) Related Story: Vietnam moves rocket launchers into disputed South China Sea: report Related Story: Vietnam expanding South China Sea runway: reports Sparkling on the horizon as our boat navigates the swell is one of the world’s most […]

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It was Donald Trump’s press conference in the early hours of November 9 that some pinpoint as the moment fears about what his presidency would mean for stock markets turned into euphoria about his victory. Campaign pledges to give a boost to the US economy were repeated, as the newly president-elect struck a moderate, even conciliatory, tone. Whatever you think of the reaction in financial markets since, […]

SYDNEY Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session. Risk appetite got an extra boost when China reported upbeat trade figures with exports and imports both beating forecasts. Resource imports were very strong, a major reason prices for […]

Thursday 02.10 GMT Overview Major bourses across Asia latched on to record closes for key Wall Street indices as US stock markets continued to rally one month on from the presidential election. But investors were also turning their attention to the European Central Bank and whether it will at its policy meeting later on Thursday extend the deadline for its asset stimulus programme. Hot topic On Wednesday […]

Blackrock’s chief multi-asset strategist summed up tomorrow’s anxiously awaited ECB meeting best by noting that “what’s priced into markets is a fully fledged extension of the [bond-buying] program,” but warns that, thanks to a muted reaction to the Italy vote and recent encouraging data, “there’s a significant chance the ECB disappoints markets.” As bond traders bet on a six-month QE extension, Citi warns, anything less will be […]

The UK investigation into October’s “flash crash” in sterling has focused heavily on the Japanese trading operations of Citigroup, which fired off repeated sell orders that exacerbated the pound’s fall, according to bankers and officials involved in the inquiry. Citi’s traders are not believed to have started the slide in the currency in thin Asia trading but its Tokyo desk played a key role in sending the […]

News stories are released on weekdays. 2 hours ago Vatican confirms ban on homosexual candidates for priesthood The Vatican has confirmed that homosexual men should not be ordained to the priesthood. In a new instruction for the training of seminarians, entitled The Gift of the Priestly Vocation, the Congregation for the Clergy says that the Church “cannot admit to the seminary or to holy orders those […]

General assembly meetings of FGB and NBAD held on December 7th Combined bank has total assets of approximately AED655 billion (US$178 billion), representing a 27% market share of UAE banking sector[1] Shareholders approve combined bank’s board of directors from effective merger date Effective date of merger towards the end of Q1 2017 as initially planned. Abu Dhabi, 7 December 2016 Shareholders in First Gulf Bank PJSC (FGB) […]

There is over a month left until Trump’s inauguration, and the President-elect’s hard-hitting negotiating style may have scored yet another economic victory: according to a statement issued by Foxconn, the world’s largest contract electronics manufacturer and a major Apple Inc supplier, the company said it was in preliminary discussions to expand its operations in the United States. “While the scope of the potential investment has not been […]

Sony plans to unleash some of its iconic PlayStation titles on smartphones from next spring, in its most determined attempt yet to capture a bigger share of the $35bn global mobile gaming market. The move follows the runaway success of augmented reality mobile game Pokémon Go, with rival Nintendo’s famous character demonstrating the power of Japan’s intellectual property when tapping into a global pool of smartphone users. […]

Submitted by Daniel Cloud “Donald Trump is either too incompetent to understand that his foolish phone call threatens our national security, or he’s doing it deliberately because he reportedly wants to build hotels in Taiwan to pad his own pockets.”        – (Democratic National Committee Spokesperson) Is that true? Did “incompetent” President-Elect Donald Trump’s “foolish” telephone conversation with Taiwan’s President Cai Yingwen actually “threaten American’s […]

Wednesday 06:00 GMT Overview Bourses across Asia were higher, taking their cue from Wall Street’s return to near record highs and rally in Europe led by Italian banks. European bourses are expected to open firmer, with spreadbetters predicting the UK’s FTSE 100 will add 30 points to 6,810 and Germany’s Dax to gain 60 points to 10,835. US index futures suggest the S&P 500 will shed 1 […]

By Idrees Ali | TOKYO TOKYO U.S. Defense Secretary Ash Carter said on Wednesday the United States has “enduring” interests in the Asia-Pacific region and is working for an orderly transfer of power to the administration of President-elect Donald Trump. Carter is in Japan to try to soothe anxieties caused by the victory of Trump, who has called for allies to pay more to sustain U.S. forces, […]

Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high. The S&P financial sector .SPSY rose nearly 1 percent, lifted by a 2.2 percent gain for Wells Fargo (WFC.N). The bank’s chief executive told an investor conference it will see a near-term profit hit because of the sharp […]

On Tuesday afternoon, the billionaire founder and CEO of Japan’s Softbank and was seen entering the Trump Tower, to meet with the President-elect. It appears that they had fruitful conversations, because just a few minutes later, Trump – who earlier in the day lambasted Boeing over charging too much for Air Force 1 sending its stock lower – tweeted some words of praise for the Japanese businessman. […]

By Stanley White | TOKYO TOKYO Japanese Prime Minister Shinzo Abe is arranging to meet Donald Trump about a week after he takes over as U.S. president on Jan. 20, Jiji news service reported on Tuesday. Abe met Trump in New York last month, soon after his election victory, and Jiji said Abe would meet him around Jan. 27. Trump’s inauguration is due on Jan. 20. A […]

TOKYO Toyota Motor Corp said on Tuesday it will expand the development of its gasoline-hybrid technology over the next five years to speed up the introduction of lower-emission engines in the face of stricter global emissions standards. The announcement was the latest by the Japanese firm aimed at making cars “greener” as global automakers face tighter regulations in China, the United States and other regions that will […]

By Kaori Kaneko and Linda Sieg | TOKYO TOKYO Prime Minister Shinzo Abe’s visit to Pearl Harbor this month, the first by a Japanese leader, will not be to apologise for the Japanese attack 75 years ago that drew the United States into World War Two, Abe’s top aide said on Tuesday. Chief Cabinet Secretary Yoshihide Suga said the purpose of Abe’s Dec. 26-27 visit was to […]

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Just in:
Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Ousted top Kochi cop gets IG post // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Millions Of Indians May Soon Be Deprived Of Government Assistance // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Private varsities bill all set to face the axe // Middle East governments assess Iran war after US vote // Emaar approves Development buyout ahead of planned delisting // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // TVM –Mangaluru Vande Bharat claims top spot // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Dubai boat show confirms international shipyard line-up for November // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // ADIA and partners establish $1.4 billion aviation venture // Hong Kong mandates crypto transaction disclosures to tax authorities // Kochi police detain two actors over bid to honey trap doctor // Oil advances towards $100 as tanker attacks persist //