Nearly 70 years after he produced Hong Kong’s first plastic duck, toy industry veteran LT Lam’s factories in China now churn out everything from Transformers to Play-Doh. But with costs rising in China and the industry fragmenting because of technological advances and changing consumer tastes, the 93-year-old worries that Hong Kong could lose its decades-long role at the heart of the global toy industry. “We started with […]
JERUSALEM A Jordanian citizen stabbed and wounded an Israeli police officer who then shot him dead in Jerusalem’s Old City on Saturday, Israeli police said. Police spokeswoman Luba Simri said the officer was walking down a street when he was attacked. “The terrorist rushed toward him, whipped out a knife that he had in his possession, stormed him and began stabbing him. The police officer responded with […]
Readers are familiar with the various microwave and laser arrays located at the real New York Stock Exchange in Mahwah, New Jersey, both of which we have written about in the past. Microwave tower located next to the NYSE in Mahwah, NJ. This article, however, is not about the familiar antennas off Route 17 in New Jersey. Instead, demonstrating to what lengths the high frequency traders will […]
Dr Ting Tiong Choon (right) with Sarawak DAP chairman Chong Chieng Jen and Sarawak DAP deputy chairman Chiew Chiu Sing (left) in Kuching May 12, 2017. — Picture by Sulok TawieKUALA LUMPUR, May 13 — A DAP leader who was disqualified as Pujut state representative by the Sarawak State Legislative Assembly yesterday may also be stripped of his Malaysian citizenship, a lawyer said today. Constitutional lawyer Nizam […]
Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor: Fintech is booming around the world. Global investments in fintech companies have continued to rise during the last two years. After international financing for fintech startups hit $19 billion in new funding rounds at the end of 2015, the volume […]
Teen drinking has dropped in the last two decades, shows the latest report from the U.S. Centers for Disease Control and Prevention (CDC). The study, featured in May 12 issue of the CDC journal Morbidity and Mortality Weekly Report, revealed only one in three high schoolers reported drinking at least one drink per month in 2015, rounding up the total of teenage drinkers at just 32.8 percent. By […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It’s unclear where to start with President Trump’s interview with NBC’s Lester Holt that left the White House second-string spokesperson on a precipice better associated with the Flying Wallendas. “Trump’s account flatly contradicts the White House’s initial account of how […]
Europe’s investment community has barely had time to breathe a sigh of relief following Emmanuel Macron’s victory in the French presidential elections before starting to fret about other latent threats to the eurozone. Some investors have hailed the election — in which Mr Macron, a pro-EU liberal defeated Marine Le Pen, the Eurosceptic rightwing candidate — as a sign that Europe’s economic recovery remains on track. This […]
By Gul Yusufzai | QUETTA, Pakistan QUETTA, Pakistan Ten labourers were gunned down in southwestern Pakistan on Saturday while working on link roads to connect outlying towns to the country’s $57-billion Chinese “Belt and Road” initiative, security officials confirmed. The attack on the Pakistani labourers took place some 20 kilometres from the emerging port city of Gwadar in Baluchistan province that forms the southern hub of the […]
2017: The year of the Linux desktop on the Windows desktop. Yes, Microsoft is making it much easier to run the Bash shell, based on Ubuntu, and soon SUSE or Fedora, on Windows 10. No, hell hasn’t frozen over. True, Carmen Crincoli, Microsoft’s Storage independent hardware vendor partner manager, tweeted: “2017 is finally the year of Linux on the Desktop. It’s just that the Desktop is Windows.” […]
By Gul Yusufzai | QUETTA, Pakistan QUETTA, Pakistan A bomb exploded next to a convoy of the deputy chairman of the Pakistan Senate on Friday in the violence-plagued province of Baluchistan, killing at least 25 people, officials said. Islamic State claimed responsibility for the bombing. The group’s Amaq news agency said a bomber wearing an explosive vest carried out the attack, which was condemned by a former […]
The Minister of Public Health of the Democratic Republic of Congo (DRC) informed the World Health Organization (WHO) of another Ebola virus outbreak in northern DRC. WHO has already deployed an investigation team to the affected area. Latest Ebola Outbreak WHO was informed of the latest Ebola outbreak in DRC on Friday, May 12, courtesy of DRC’s Minister of Public Health, Dr. Oly Ilunga Kalenga. The said […]
By Ahmed Kingimi | MAIDUGURI, Nigeria MAIDUGURI, Nigeria A man purporting to be a Boko Haram fighter said the Islamist militant group plans to bomb Nigeria’s capital, Abuja, in a video seen by Reuters on Saturday. “More bombs attacks are on the way, including Abuja that you feel is secured,” said the man in the video, which was obtained by Sahara Reporters, a U.S.-based journalism website, and […]
Mother Jones on Friday announced a half-million dollar crowdfunding campaign to investigate any connections between the Trump administration and Russia, asking for reader support to “make sure truth prevails over power.” To raise money for the project, which Mother Jones is calling “Trumpocracy: The Russia Connection,” the bimonthly magazine is trying to sign up at least 1,000 new sustaining donors at $15 per month. They’ve already lined […]
If you are an investor wanting a safe, unexciting asset to make a bit of money, avoid South Africa’s rand. It is not that you cannot make money trading the currency. You very much can, and you might make it big and quickly. The problem is you can also lose much more than you gain and at a frightening pace. To play the rand, investors need not […]
Gulf neighbours are expected to demand further economic reforms in Bahrain, the region’s smallest economy, to justify continued financial support, according to a new report. Bank of America Merrill Lynch’s MENA economist Jean Michel-Saliba said that while GCC support remains firm in the near-term, over time, the GCC is likely to require from Bahrain greater reforms to restore sustainability. His report said GCC development funds have stepped […]
NEW YORK (Reuters) – As the strongest earnings season since 2011 draws to a close, and with the S&P 500 and Nasdaq Composite hovering near record highs, the biggest concern for some market analysts is, well, the lack of concern. Reuters
If you’ve been having trouble with the Samsung Galaxy S8’s fast-charging technology, you’re not the only one but it’s not a defect either. As it turns out, the Galaxy S8 can only fast charge when its screen is off, so if you’re using the smartphone don’t expect it to juice up quicker than with a normal charge. Samsung Galaxy S8 Fast Charging … Slowly The Galaxy S8 uses […]
Technology and media confluence sets #AJTechSummit top trending on social media for two days May 11, 2017 – Doha, Qatar Held under the patronage of His Excellency Sheikh Hamad bin Thamer Al-Thani, Chairman of Al Jazeera Media Network, AJMN’s “Future of Media – Leaders’ Summit” concluded today at the Ritz Carlton Hotel in Doha. The Summit, the first of its kind in the region, prominent figures and […]
The three beefy men sharing a laugh looked like old friends, not geopolitical adversaries. A smiling Donald Trump welcomed Russia’s foreign minister Sergei Lavrov and its US ambassador Sergey Kislyak to the Oval Office on Wednesday, just a day after the president had fired the man investigating Moscow’s role in helping him enter the White House. The extraordinary scene was just the latest sign that Mr Trump […]
By Rory Carroll | LOS ANGELES LOS ANGELES Whether U.S. President Donald Trump will travel to Peru in September to promote Los Angeles’ 2024 Olympics bid is an open question but many believe the controversial leader would do more harm than good as the city vies with Paris for the Games. Trump’s executive order to temporarily ban travel from six Muslim-majority countries, which is currently being reviewed […]
By Chris at www.CapitalistExploits.at What in God’s name is happening? It’s not a high. It’s a record high. Sweet mother of Mary… As we can see from the above chart courtesy of the FT, emerging markets sold a record amount of government debt in the first quarter of this year. More from the FT here: “Data from Dealogic, a research firm, show that sovereign bond sales from emerging markets rose […]
Greece inched closer to a return to public market finance for at least part of its Sisyphean debt burden this week, with benchmark bond yields dropping to levels seen when the country last issued new debt three years ago. Enthusiasm for the small portion of Greek debt held in private hands and available to trade followed a long-delayed agreement on fiscal and structural reform measures with European […]
NEW YORK/BOSTON Some of the biggest U.S. mutual and hedge funds, including Daniel Loeb’s Third Point and Daniel Och’s Och-Ziff Capital Management (OZM.N), owned stakes in Snap Inc (SNAP.N), parent of the wildly popular Snapchat messaging app, at the end of March, regulatory filings on Friday showed. The filings provide the first definitive snapshot on who bought Snap shares when it went public in early March, in […]
