TOKYO U.S. stock futures dropped and Asian shares were on the defensive on Monday as investors weighed the near-certain prospect of an interest rate hike in the United States this month against news of slower growth in China this year. Risk appetite also took a hit on rising geopolitical tensions in East Asia, as North Korea fired four ballistic missiles early in the day, while a spat […]
March 6, 2017 by: Bryan Harris in Seoul, Kana Inagaki in Tokyo and Demetri Sevastopulo in Washington North Korea fired four missiles into the Sea of Japan on Monday, according to officials in Seoul and Tokyo, in a move likely to escalate tensions that are already running high in the region. One of the currently unidentified projectiles could be an intercontinental ballistic missile, said a South Korean […]
· Tasdeer showcased 20 Qatari food and beverage sector companies at Dubai World Trade Center from 26 February – 2 March 2017 · Food and beverage industry valued at more than USD $5 trillion globally, according to estimates · Expo attracted key businessmen, decision-makers and investors from agri-food industry from across the world 05 March 2017· Tasdeer showcased 20 Qatari food and beverage sector companies […]
By Balazs Koranyi | FRANKFURT FRANKFURT Two of the world’s biggest central banks are likely to find themselves with a bigger policy gap by the end of the coming fortnight The European Central Bank on Thursday will resist calls to start tightening policy against surging inflation but robust U.S. jobs data on Friday could seal the case for another Federal Reserve hike the week after. So, let’s […]
– Issuance is a Call to Kuwaiti Corporates to take Advantage of Sukuk for Financing Projects – 7-Fold Oversubscription evidence for EQUATE’s robust position, Sukuk Importance 05 March 2017 Kuwait – Chief Executive Officer -KFH Capital, affiliated to Kuwait Finance House Group, Abdulaziz Nasser Al-Marzouq said that KFH Capital acted as a global coordinator and book runner for EQUATE SUKUK SPC Limited’s (“EQUATE SPC”) in […]
As part of the previously previewed “Two Sessions” which started on Sunday, Chinese Premier Li Keqiang on Sunday delivered the annual report on the work of the government in Beijing, summarizing the country’s achievements in the past year, and setting goals for this year. In his policy speech, lasting 97 minutes and 18,600 Chinese characters, Li signaled a course adjustment for the world’s second-largest economy and some […]
Researchers have demonstrated an optical metamaterial whose chiroptical properties in the nonlinear regime produce a significant spectral shift with power levels in the milliwatt range. (via WSJ)
BEIJING The killing of the estranged half-brother of North Korea’s leader who had been living in the Chinese territory of Macau may be top news around the world, but for some Macanese legislators at China’s parliament it’s more a case of Kim Jong Who? Kim Jong Nam was killed on Feb. 13 at Kuala Lumpur International Airport. Malaysian police believe he was assaulted by two women who […]
By Jessica Resnick-Ault and Lewis Krauskopf | NEW YORK NEW YORK The energy sector is the stock market’s dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices. Energy outdid all other sectors last year, up nearly 24 percent thanks to a late-year rally on […]
China has lowered its annual economic growth target to “around” 6.5 per cent, as Beijing plans to focus on risk control in the final year of President Xi Jinping’s first term. The figure, down from the government’s target growth range of 6.5 to 7 per cent for 2016, was revealed on Sunday morning by Premier Li Keqiang in his annual “work report” to China’s parliament, the National […]
By Christian Shepherd and Philip Wen | BEIJING BEIJING China pledged more support to its military on Sunday including strengthening maritime and air defences amid efforts to safeguard sovereignty, but in a highly unusual move did not give spending figures for 2017 despite promises of transparency. Parliament’s spokeswoman Fu Ying said on Saturday defence spending for this year would rise about 7 percent, accounting for around 1.3 […]
HP Inc’s new Customer Welcome Centre in London. Image: HP Inc/Jonny Back Photography George Brasher is a 26-year HP veteran who has worked in a variety of roles in the company’s printer and PC divisions over the years and is now HP Inc’s managing director for the UK and Ireland. ZDNet caught up with him at the company’s brand-new million-pound Customer Welcome Centre (CWC) in London, to […]
Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and well-educated Americans, especially those living in its bicoastal bastions, the election of Donald Trump had been a thing almost impossible even to imagine. What sort of country would go and elect someone like Trump as president? Certainly not […]
By Kevin Yao and Xiaochong Zhang | BEIJING BEIJING China has cut its growth target this year as the world’s second-largest economy pushes through painful reforms to address a build-up in debt and strives to keep a lid on risks in its financial sector. China aims to expand its economy by around 6.5 percent in 2017, Premier Li Keqiang said at the opening of the annual meeting […]
Well, that didn’t take long at all. The Nintendo Switch, Nintendo’s first true foray into hybrid gaming, has hit shelves on March 3, sending faithful anticipants into a frenzy, especially considering Legend of Zelda: Breath of the Wild was concurrently released. Here Comes The Dreaded Drop Tests For The Nintendo Switch But like any new gadget, there’s the inevitable crash test, and the first one for the Switch […]
In the 19th century, English poet and artist William Blake saw the factories of the industrial revolution as dark, satanic mills churning up the countryside and signalling a new, ominous era of human existence. Fast forward 200 years and Sophia Al Maria, a Qatari-American artist and writer, believes those dark mills have been replaced by the bright, fluorescent lights of shopping malls. Both places, she says, “are […]
Standard Life is in late-stage discussions to acquire Aberdeen Asset Management in an all-stock deal that would create the UK’s largest money manager with £660bn of assets and be worth around £11bn. The companies confirmed the talks on Saturday evening in a joint statement that said a deal would “leverage Standard Life and Aberdeen’s combined strengths to create a world class investment company”. They added that Standard Life […]
Photo American armored forces patrol on Friday near Manbij in northern Syria. Credit Delil Souleiman/Agence France-Presse — Getty Images WASHINGTON — The United States has increased its forces near the northern Syrian town of Manbij as concerns have grown that fighting could erupt among the complex array of militias and Syrian and Turkish troops who are operating on the crowded battlefield near there. Photographs of American troops […]
04 March 2017 Bahrain – Investcorp, a global provider and manager of alternative investment products, today announced the completion of its acquisition and integration of the debt management business of 3i (“3iDM”) from 3i Group plc. The business, now recognized as Investcorp Credit Management (“ICM”), adds $11 billion of assets under management, bringing the total to approximately $21.4 billion. Investcorp Credit Management is a leading global credit […]
Digital and in-app transactions can reach unbanked audiences with convenient, fast and low-overhead services 04 March 2017 Dubai – The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in the money exchange and remittance industry, believes the rise of fintech in the GCC can help the remittance sector serve wider audiences faster through digital-first channels. The announcement comes as the Fintech industry booms globally and is […]
There were no surprises in Yellen’s speech in Chicago on Friday in which the Fed chair confirmed the sudden and dramatic hawkish turn hinted at earlier in the week by Dudley and Williams, and which sent March rate hike odds from the low 30s to nearly 100% in the span of days. According to Yellen, the FOMC would “evaluate whether employment and inflation are continuing to evolve […]
In the most arid areas where there is little to no water, there live nematodes of no more than 1 mm which feed on bacteria and help to mineralise soil and produce nutrients. In an orchard of Jaén a new species has appeared with a feature that makes them unique on the Iberian Peninsula: the males lack the copulatory organ. The southern part of the Iberian Peninsula, […]
KUALA LUMPUR Malaysia on Saturday expelled the North Korean ambassador to the country, declaring him “persona non grata” and asking the envoy to leave Malaysia within 48 hours. The move comes nearly three weeks after Kim Jong Nam, the estranged half brother of North Korean leader Kim Jong Un, was murdered at Kuala Lumpur’s airport with a toxic nerve agent. U.S. and South Korean officials have said […]
Ever wondered what is responsible for creating the magical Northern Lights across the Arctic, which many flock to see? A new study may hold the answer. A new research by DTU suggests that millions of electrically charged particles are transmitted to the Earth, which create storms that may generate the Aurora Borealis lights across the Arctic. The researchers share that not only do eruptions that occur on […]
