Investors have poured nearly $80bn into US equity funds since November’s election as optimism over the new administration’s pro-growth agenda received a boost after President Donald Trump addressed Congress this week. Funds invested in US stocks counted $6.7bn of additions in the week to March 1, lifting flows since November 8 to $79.4bn, according to data from EPFR. The inflows have partially reversed a near constant exodus […]
The Switch, Nintendo’s newest video game system, merges home gaming comfort and portability to create a unique, eye-catching platform. The nifty Joy-Con motion controllers foster the same casual-friendly gameplay that made the Wii a hit, while Switch’s tablet-style design and side-grip controller slots improve Nintendo’s Wii U vision. When you consider Nintendo’s dominance over the portable console market, it’s easy to imagine Switch following suit […]
Rock legend Rod Stewart has apologised for a video shared online by his wife that appears to show him re-enacting an ISIL-style beheading in the UAE desert. The video was reportedly posted on Instagram by Penny Lancaster and it shows several people clad in black walking in the desert outside Abu Dhabi. Stewart was in Abu Dhabi to perform at a concert on Thursday. In the video, […]
GENEVA Syria’s chief negotiator said on Saturday that the “only thing” achieved at 10-day talks in Geneva was an agreed agenda and that the government wanted a unified opposition delegation as its negotiating partner. In his first remarks since talks ended on Friday, Bashar al-Ja’afari, Syria’s ambassador to the UN in New York said that all four subjects in the agreed agenda reached through U.N. mediator Staffan […]
Inside the Nintendo Switch iFixit It didn’t take long for the folks at iFixit to get their hands on the new Nintendo Switch and carry out a teardown. It reveals a massive battery and the sort of cooling system usually reserved for laptops. Must read: How to make Google Chrome use less battery power Nintendo Switch tech specs Customized Nvidia T1 Tegra chip 6.2-inch, 1280 × 720 […]
Tyrese Gibson’s best kept secret — the identity of his new wife — has been revealed just days after he announced he had married. Gibson, 38, married Samantha Lee in a secret ceremony on Valentine’s Day, but managed to keep the nuptials quiet until his marital status got out last week. According to a TMZ media report, the details of which have since been verified by the […]
Earlier this week, Japanese TV audiences glimpsed a potentially revolutionary contraption from the Matsue College of Technology that rapidly separates closed shijimi clamshells into those with a live mollusc inside and those without. Cut to footage of a human sorter, expertly performing the same function at a rate of just 90 kgs of shijimi per day and whose job this machine seems destined to replace. In other […]
KUALA LUMPUR Families of passengers on board missing Malaysia Airlines flight MH370 on Saturday launched a campaign to privately fund a search for the aircraft. Flight MH370, carrying 239 people, went missing on its way from Kuala Lumpur to Beijing, nearly three years ago, on March 8, 2014. Australia, Malaysia, and China jointly called off a two-year underwater search for the aircraft in January. Grace Nathan, a […]
BAGHDAD Twelve people, including women and children, are being treated for possible exposure to chemical weapons agents in Mosul, where Islamic State is fighting off an offensive by U.S.-backed Iraqi forces, the United Nations said on Saturday. The U.N.’s World Health Organization has activated with partners and local health authorities “an emergency response plan to safely treat men, women and children who may be exposed to the […]
By Minami Funakoshi | TOKYO TOKYO U.S. Secretary of State Rex Tillerson is due to visit Japan, South Korea and China this month to discuss North Korea on his first trip to the region since he took up his post, Japanese media reported on Saturday. Tillerson’s trip would come as the United States and China try to put relations on an even keel after a rocky start […]
With its high growth rates and huge potential, battery demand is a key focus for metals markets. If 2016 was all about lithium, then 2017 should see cobalt start to attract greater attention. Prices have already accelerated to levels last seen in 2011, as rising demand from the core portable electronics meets relatively stagnant supply growth. And while risks remain — technological on the demand side and […]
By Michael Martina and Philip Wen | BEIJING BEIJING Defying pressure for a strong increase in defence spending, China said on Saturday its military budget this year would grow about 7 percent, its slowest pace since 2010. Last year, with China’s economy slowing, the defence budget recorded its lowest increase in six years, 7.6 percent, the first single-digit rise since 2010, following a nearly unbroken two-decade run […]
KARACHI: The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of global elite — were released in April 2016. The leak made headlines all-over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Iceland’s prime minister had to resign from his office over protests by the people. Thousands of people had […]
By Benjamin Kang Lim and Philip Wen | BEIJING BEIJING China’s sweeping overhaul of its anti-corruption architecture could enable President Xi Jinping to justify retaining his key ally and top graft buster Wang Qishan beyond retirement age, sources with ties to the leadership say. Breaking the unwritten retirement rule could also set a precedent for Xi, 63, to defy current expectations that he will step down as […]
In a bill aimed at encouraging asylum seekers to leave voluntarily, Austrian lawmakers are considering halting the provision of food and accommodation to migrants who are denied asylum and refuse to leave the country. Austria took in roughly 90,000 asylum seekers in 2015, more than 1 percent of its population, as it was swept up in Europe’s migration crisis when hundreds of thousands of people crossed its […]
(Image: file photo) The clock is ticking for a controversial surveillance provision, which is is set to expire at midnight at the end of the year. But the Trump administration has signaled that it will support its clean reauthorization. Passing a clean version of the Foreign Intelligence Surveillance Act, or FISA, is “necessary to protect the security of the nation,” according to a White House official speaking […]
Yemen, one of the poorest countries in the Arab world, has been convulsed by civil strife for more than two years. In the west, Houthi rebels ousted the government of President Abdu Rabbu Mansour Hadi, the United States’ main counterterrorism partner in the country, and have been fighting a Saudi-led coalition of mostly Sunni Arab countries that back Mr. Hadi. Continue reading the main story In the […]
Speaking to American state governors this week in the state dining room of the White House, Donald Trump hit on a point that is of no surprise to investors: healthcare is “an unbelievably complex subject”. The Affordable Care Act, one of the two key pillars of the healthcare reform signed into law by former US President Barack Obama in 2010, is 906 pages long — the table […]
One of these sites is not like the other: ESPN.com, CBSSports.com, FoxSports.com, SBNation.com. To the titans of sports coverage, networks with broadcast rights to major sporting events, SB Nation is a scrappy flotilla of sports blogs led by its eponymous flagship site. Because it can’t air games, SB Nation has carved out a niche for itself as a multifaceted clearinghouse for sports fans, with individual sites for […]
By Tulay Karadeniz | ANKARA ANKARA Turkish leaders condemned Germany on Friday for cancelling rallies of Turkish residents due to be addressed by Ankara’s ministers and accused Berlin of giving “shelter” to Turkey’s enemies. As the diplomatic spat between the two countries became increasingly angry, Turkish President Tayyip Erdogan said a German journalist being held in Turkey was a “German agent” and a member of an armed […]
ABU DHABI // Rock singer Rod Stewart made a public apology this weekend after being filmed carrying out a prank execution in the Abu Dhabi desert during his latest world tour. A video posted on his wife Penny Lancaster’s Instagram account, which has since been removed, showed the 72-year-old carrying out a mock beheading, mimicking real murders by ISIL terrorists. Stewart said he and his friends were […]
Evan Spiegel gazed out over the floor of the New York Stock Exchange, where onlookers were recording him with his company’s retro-cool, video-enabled sunglasses, then rang the opening bell on Snap’s first day as a public company. Breaking the tech titan’s dress code in his suit and tie, he grinned and, unlike his biggest rival, made no grand proclamations about his company’s world-changing potential. Nearly five years […]
Investors are aggressively betting against US shopping centres using a derivatives index of commercial mortgage-backed securities that has slumped 10 per cent from its peak in January. The health of the US retail industry has been declining for several years but recent lacklustre holiday sales, alongside rising interest rates and a stronger dollar, have reflected the intensifying pressure across the roughly $150bn industry for commercial mortgages tied […]
ExtraHop, an analytics startup based in Seattle, has long had a unique approach to analytics: its technology works by collecting data directly from network packets. When I first became acquainted with ExtraHop, I assumed that packet-level data collection was aimed squarely at machine/operational analytics. But while ExtraHop does indeed excel in that arena, getting data in real time hot off the network, the technology goes well beyond […]
