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It says their absence was due to a misunderstanding and hopes the matter can be resolved quickly. GEORGE TOWN: Penang PKR will apply to be exempted from restrictions in allocations for party reps who were absent from the governor’s swearing-in ceremony last month. Deputy Chief Minister I and PKR rep Mohd Rashid Hasnon said a letter had been sent to Chief Minister Lim Guan Eng expressing hope […]

Fears over the scale of crisis that Donald Trump’s presidency faces hung over markets on Thursday, with European stocks weaker and those in the US expected to open lower following their worst one-day drop since September. The Stoxx Europe 600, the region’s benchmark, was down 0.8 per cent in mid-session trade while futures suggest the S&P 500 will slip by 3 points to 2.354 when Wall Street […]

Thursday 10:45 BST What you need to know ● Europe and Asia bourses soft after Wall Street sell-off● Futures signal more losses for Wall Street● Dollar finds its footing but pound jumps above $1.30● Yen, gold and Treasuries firm as traders again seek havens ● Brent crude slips back towards $52 a barrel——————- Hot topic US equity futures are weaker while haven assets are again in demand, […]

Adylkuzz is believed to have infected more computers than WannaCry, using the same vulnerabilities Another large-scale, stealthy cyberattack is underway on a scale that could dwarf last week’s assault on computers worldwide, a global cybersecurity firm told AFP on Wednesday. The new attack targets the same vulnerabilities the WannaCry ransomware worm exploited but, rather than freeze files, uses the hundreds of thousands of computers believed to have […]

Here is a selection of five charts that FT Markets believes are worth watching. A fresh chart will be added on a regular basis. 1. Wall Street hit by biggest slide since November US stocks suffered their worst trading day in eight months on Wednesday after political turmoil in Washington shook investors, with some fearing President Donald Trump’s ability to push through his pro-growth policies has been […]

Dubai-based Fetchr, a delivery-business and consumer technology app, has secured $41 million in a Series B financing round led by New Enterprise Associates Inc. (NEA), the start-up announced. The app addresses the “no address problem” in emerging markets, typically encountered by traditional companies delivering packages to customers. In a region where more than 80% of users have smartphones, fetchr is tackling delivery challenges by going directly to […]

The citizens of Sweden are perhaps closer to completely giving up a component of their individual sovereignty than any other country on earth.  In a world where government’s abuse of power and intrusion into the personal lives of its blissfully ignorant enablers grows more disturbing by the day, at least for now, cash offers the one opportunity to transact in a truly anonymous way. That said, Swedes […]

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The vast majority of measles cases occurring in the United States can be put down to Americans who have traveled abroad without being immunized against the disease. Although measles has been officially eradicated in the United States since 2000, sporadic outbreaks continue to happen because unvaccinated people visiting foreign countries contract the disease elsewhere and bring back the virus upon returning home. This puts their families and entire […]

Japan has recorded its longest run of sustained growth in more than a decade as stimulative policy and a healthier global economy lead to a period of robust progress. Growth for the first quarter of 2017 came in at an annualised 2.2 per cent, according to the Cabinet Office, marking five quarters of continuous expansion in gross domestic product. The figure beat the consensus analyst forecast of 1.7 […]

By NILO TABRIZY | May. 17, 2017 | 3:37 On May 19, voters in Iran select their next president. Facebook and Twitter have been blocked there since 2009. But the hard-liner Ebrahim Raisi and President Hassan Rouhani, a reformist, are both turning to Instagram to court young voters. NYtimes

By Lisandra Paraguassu and Ricardo Brito | BRASILIA BRASILIA Brazilian President Michel Temer gave his blessing to an attempt to pay a potential witness to remain silent in the country’s biggest-ever graft probe, according to plea bargain testimony by a powerful businessman, newspaper O Globo reported on Wednesday. Temer’s office on Wednesday acknowledged he had met in March with the businessman, Chairman Joesley Batista of meat giant […]

Designers, buyers and influencers have descended on Dubai for Arab Fashion Week, a five-day event dedicated to ready couture and resort wear for women, men and those who refuse a label. The show opened Tuesday night with Jordanian-Canadian sensation Rad Hourani, known for his unisex designs, Palestinian-American Jenanne Filat and her menswear lineup straight out of Arkansas, and runway darlings Marchesa. Hourani sent his models down the […]

In a small West Village theater last week, an audience cheered on the Wu-Tang Clan and Bill Murray as they stole a one-of-a-kind rap album from a capitalist caricature. They were watching the new musical about drug-price gouger, apparent twerp and accused fraud Martin Shkreli. The show is silly, fun and maybe went a little too long, which wasn’t too inconvenient because of its talented cast. (Who […]

By Shinichi Saoshiro | TOKYO TOKYO Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over U.S. President Donald Trump’s future following reports that he tried to interfere with a federal investigation. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan’s Nikkei shed 1.5 percent, Australian shares lost 1.2 percent and South […]

Blizzard is preparing to celebrate the first anniversary of Overwatch through an upcoming event, a new edition of the game, and a weekend that will allow players to try it out for free. Overwatch, released on May 24, 2016, had an amazing first year. It quickly became one of the most popular multiplayer shooters in the world with its colorful characters and fast-paced gameplay, and continued to generate […]

Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]

The president’s packed schedule is filled with opportunities for Mr. Trump to slip up, publicly or privately: back-to-back discussions with the leaders of other nations, many of whom are veteran negotiators well versed in issues they care deeply about. Continue reading the main story By contrast, it could also serve as a much-needed change of subject for a president besieged at home with an agenda frozen by […]

After dismal housing starts and permits data yesterday, the ‘housing recovery’ narrative took another knock this morning as mortgage applications tumbled 4.1% last week – the biggest drop since December 2016. While mortgage rates were unchanged, both purchases and refis fell notably… Purchases down 2.7% after rising 1.7% in prior week Refis fell 5.7% after rising 3.3% in prior week   Perhaps additionally of note the government’s […]

By Anggy Polanco | SAN CRISTOBAL, Venezuela SAN CRISTOBAL, Venezuela Venezuela said it was sending 2,000 soldiers on Wednesday to a border state that is a hotspot of anti-government radicalism after looting that killed a 15-year-old in the latest unrest roiling the nation. Most shops and businesses in San Cristobal, capital of Tachira state on the Colombian border, were closed and guarded by soldiers on Wednesday, though […]

Mirai DNS Water Torture attack payload, with target domain names redacted Mirai DNS Water Torture distributed denial of service (DDoS) attacks dominated the first quarter of 2017, a report from Akamai has found. According to Akamai’s State of the Internet/security Q1 2017 report, Water Torture attacks using this DNS query vector were first observed on January 11, 2017, targeting several of the company’s customers in the financial […]

UNITED NATIONS U.S. Ambassador to the United Nations Nikki Haley said on Wednesday she will visit Turkey and Jordan from May 19-25 to see how Syrian refugees “are coping, day in and day out,” to see U.N. humanitarian work and highlight the U.S. aid response. It will be the first overseas trip by Haley, a member of President Donald Trump’s cabinet, and follows a bid by Trump […]

Google CEO Sundar Pichai delivers the keynote address of the Google I/O conference, Wednesday, May 17, 2017, in Mountain View, Calif. Google provided the latest peek at the digital services and gadgets that it has assembled in the high-tech tussle to become an even more influential force in people’s lives. (AP Photo/Eric Risberg) Google announced a lot of new bells and whistles Wednesday—several of which, it turns […]

By Sue Horton | LOS ANGELES LOS ANGELES An hour before dawn on May 11, a team of 10 officers for U.S. Immigration and Customs Enforcement (ICE) began assembling outside a coffee shop in the Southern California beach community of San Clemente. The officers were about to embark on a targeted enforcement action, aiming to pick up five men believed to be in violation of U.S. immigration […]

This week’s 20th anniversary of Amazon’s initial public offering has thrown into sharp relief the stagnation of the US public equity listings market. Finger-pointing by some at the regulatory requirements of going public — which can be burdensome and costly for small companies — is now yielding to a discussion about longer-term headwinds such as the ready availability of private funding for young companies and the culture […]

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