After five grinding years of losses, commodities are set to end higher in 2016 and investors are staking out increasingly bold calls for the coming year. This reflects signs that the prolonged decline in markets such as oil and metals is finally having an effect. Cuts in capital spending by producers have begun to choke off supplies as global demand creeps higher. It might not be a […]
By Michelle Martin and Michael Nienaber | BERLIN BERLIN Investigators found fingerprints of a Tunisian suspect in the Berlin Christmas market attack on the door of the truck that ploughed through the crowds, killing 12, German media said on Thursday, as a nationwide manhunt for the migrant was underway. Islamic State has claimed responsibility for the attack in which a truck smashed through wooden huts selling gifts, […]
A study by RMIT University has found that around 2 million Australians are often risking data breaches by logging into internet banking and conducting other financial transactions on unsecured public Wi-Fi networks. In compiling its report [PDF] Practicing safe public Wi-Fi: Assessing and managing data-security risks, RMIT surveyed 1,200 adult Australians, asking explicitly what they do on public Wi-Fi networks, as well as what they know about […]
BEIJING China on Thursday dismissed accusations from Taiwan that it engaged in “dollar diplomacy” to get Sao Tome and Principe to ditch ties with the self-ruled island, saying a petty Taiwan was besmirching China’s good name. The tiny West African state’s decision this week has angered Taiwan, which says the move will not help already strained relations with China. Taiwan says China took advantage of Sao Tome’s […]
AMMAN Thousands of rebels and fighters were still waiting on Thursday to be evacuated from the last rebel bastion in Aleppo city but difficulties including harsh weather were complicating the final phase of the operation, a rebel spokesman said. Ahmed Kara Ali, the spokesman for the rebel group Ahrar al Sham, which is involved in the negotiations, told Reuters “large numbers” were left but that it was […]
Nokia was the world’s leading mobile phone maker from 1998 until 2011 when it bet on Microsoft’s Windows mobile platform, which proved to be a flop Nokia announced Wednesday it is suing Apple in German and US courts for patent infringement, claiming the US tech giant was using Nokia technology in “many” products without paying for it. Finnish Nokia, once the world’s top mobile phone maker, said […]
By Lawrence Delevingne and Olivia Oran | NEW YORK NEW YORK Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand. But organizers of the soirées, conscious of tighter budgets and public scrutiny, are not eager to discuss the merriment. Big financial firms started curtailing year-end bashes […]
The man being sought in connection with Monday’s attack on a Berlin Christmas market had been under police surveillance for months on suspicion of planning a terrorist attack, but later fell off the authorities’ radar screen. A manhunt was under way across Europe on Thursday after German authorities issued an appeal for information about the suspect, a 24-year-old Tunisian man, Anis Amri. Germany’s federal prosecutor put out a Europe-wide […]
The series of scattershot remarks has further unsettled a turbulent period in American foreign policy. It underscores Mr. Trump’s challenge in fashioning a coherent approach to the problems he will inherit in Asia, Europe and the Middle East, especially working with a team that consists of retired generals and an oil executive, few of whom have experience in the daily cascade of crises that confront every White […]
22 December 2016 MARC has affirmed South Korea’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of South Korea (GoK) has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated debt […]
It is strange to think that the original plan for La La Land involved Miles Teller and Emma Watson in the lead roles, because this love letter to Hollywood and the golden age of the musical seems tailor-made for Ryan Gosling and Emma Stone, its eventual stars. She is fresh off Broadway hit Cabaret, while he spent his early years singing and songwriting. This is their third […]
A group of lawyers has filed a lawsuit against the Chinese government for failing to prevent the severe smog that has covered the north over the past week, underlining the discontent voiced by tens of millions of citizens online. Beijing and many other cities in north China are entering their sixth day running of pollution “red alerts”, which have closed down schools, roads and factories. More than 350 […]
Submitted by a Zero Hedge reader who wishes to remain anonymous: OPEN LETTER TO MINISTER-PRESIDENT SEEHOFER(Sent before the carnage in Berlin’s Christmas market) Dear Minister-President Seehofer, I would like to commend you on your opposition to mass uncontrolled immigration into Europe. One would think that it would be trivial to praise politicians – who are elected to uphold law and order, meaning our culture and values – […]
By Thanarith Satrusayang | BANGKOK BANGKOK Thailand and China are in talks about building military production facilities in Thailand, a Thai defense ministry spokesman said on Wednesday, the latest sign of warming relations between China and America’s oldest ally in Asia. Relations between Thailand and the United States cooled following a May 2014 military coup that the Thai military said was necessary to end months of unrest, […]
SYDNEY The U.S. dollar held near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favor, while a falling yen lifted Japanese shares to a one-year top. The Nikkei .N225 added 0.3 percent in thin trade, while Australia’s main index climbed 0.6 percent to its highest in 17 months after Wall Street racked up more records. Japan’s government upgraded its overall assessment of the […]
Indonesian anti-terrorism police have shot and killed three suspects after a gun battle at a house near the capital Jakarta where a bomb was reportedly found, police said. National police spokesman Rikwanto told MetroTV on Wednesday that the residential neighborhood had been evacuated, Associated Press said. One person was arrested in the raid. “During the raid, we tried to be careful but they threw something from inside […]
But by the time Mr. Trump is sworn in next month, such safe zones may be irrelevant, if the evacuation of Aleppo and political negotiations proceed. Continue reading the main story More than a year after launching the air campaign that remade the battlefield in Mr. Assad’s favor, Russia appears to be looking for a way out of the war. Analysts say that Moscow sees in the […]
Wednesday 02:10 GMT Overview Stocks across Asia were on the rise, with sentiment buoyed by continued gains for Wall Street as the Dow Jones Industrial Average closes in on 20,000 points for the first time. Hot topic The Dow Jones rose 0.5 per cent overnight in New York to close a mere 25.4 points shy of the 20,000-point milestone, while the S&P 500 added 0.4 per cent […]
By Sue-Lin Wong | YANJI, China YANJI, China The brightly coloured packages advertising “Walleye Pollock” at the West Market in Yanji, a Chinese city near the border with North Korea, say the fish came from China. But 15 vendors interviewed at the market say the fish came in from North Korea to be processed, packaged and mostly sold in China. They say they buy the […]
At least 26 people were killed and some 70 injured in a huge explosion at an open-air fireworks market in Mexico as shoppers stocked up on bangers and rockets for the holidays. The blasts ripped through the San Pablito fireworks market in the manner of a chain reaction on Tuesday afternoon. With about 300 stalls, the fireworks market, in the town of Tultepec in the central State […]
Italian bank shares are on track for their best month in more than seven years as signs the government may intervene to support its financial sector gave fresh momentum to a rally. The FTSE Italia All-Share banks climbed 2.3 per cent in afternoon trading, leaving it up more than 22 per cent so far in December. The index is now on course for its best monthly showing […]
BUENOS AIRES Argentina and Britain agreed on a framework to identify the bodies of dozens of unknown Argentine soldiers buried on the disputed Falkland Islands, Argentina’s Foreign Ministry said in on Tuesday. The two countries, which went to war over the islands in 1982 and have had strained relations for decades, also agreed to try to increase the number of flights to the remote islands. Britain has […]
It’s still hard to believe Orlando is home to the worst mass shooting in U.S. history. Even six months later, it’s surreal to think 49 people were killed at a club I pass every day on my way to work. The shooting changed Central Florida forever and with it, transformed our newsroom and reporters. The news was unbelievable. It made no sense. Even veteran journalists were in […]
VATICAN CITY The Vatican said on Tuesday it hoped China’s communist government would give Catholics there “positive signs” that would help them have faith in a push by Pope Francis to heal a decades-old rift with Beijing. Chinese Catholics are divided between those who are loyal to the pope and those who are members of a government-controlled official church. The Vatican has been seeking a compromise with […]
