|By Matein Khalid| Janet Yellen confirmed the Wall Street consensus that the Federal Reserve will raise its overnight borrowing (Fed Funds) rate at the March FOMC. Wage growth, inflation, crude oil, asset prices, economic data momentum and Trump’s fiscal stimulus all reinforce the dual mandate logic of a rate hike. Only a really awful February non-farm payroll shock (consensus is 200,000 jobs) will avert a rate hike […]
Your daily guide to community and cultural activities across the Emirates for March 9, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Music festival Buy […]
“Every day that goes by, my concern for my father and Siamak increases,” Mr. Namazi said this week in a telephone interview from Dubai, where he lives. He expressed particular anxiety about his father, who has a heart ailment, saying that an Iranian prison cell was “no place for an aging old man.” Continue reading the main story Last month, on the anniversary of the elder Mr. […]
We have just lived through the most spectacular global bullmarket run for the fixed income markets. This bull market rallied the bond market tothe lowest yields ever! Over a third ofall global fixed income was trading with a negative yield. The most accommodative central bank policiesmade heroes out of bond fund managers. Bond investors that stayed fullyinvested with fingers crossed, hoping for the greater fool theory to […]
ABU DHABI // “You are better than us and you have to be better than us – there is no option, you have to be better than your fathers and grandfathers.” With these words, Sheikh Mohammed bin Zayed urged youths to learn skills that will make them globally competitive. The UAE will need generations of young engineers and scientists as it shifts from oil towards a knowledge-based […]
A rare opera by Franz Liszt has been meticulously restored by a senior lecturer at Cambridge University in England. David Trippett said he discovered the manuscript for the Hungarian composer’s Sardanapale in an archive in Weimar, Liszt’s long-time base in Germany, and spent two years restoring it. Sardanapale is based on an 1821 tragedy of the same name written by the British poet Lord Byron. Long thought […]
The launch of the Nike Pro Hijab, a lightweight, breathable, adjustable, competition-worthy garment for hijab-wearing athletes, reflects both consumer demand and the growing number of elite female Muslim athletes. In the 2016 Rio Olympics, for example, 14 Muslim women – four of them in hijab – won medals. “Sports is one of the few platforms that brings people together, and the more big brands are noticing the […]
The highly publicised bout between Filipino boxing icon Manny Pacquiao and Britain’s Amir Khan is unlikely to take place in the UAE, according to Los Angeles Times This month, promoter Bob Arum told ESPN that he met with Pacquiao’s adviser Michael Koncz to discuss a possible deal with an “unnamed investment group” who are keen to bring the fight to the UAE, with Yahoo Sports suggesting May […]
Poisoned. Stabbed. Driven to suicide. These are just some of the unpleasant ways women in 19th-century opera meet their demise. Mimi, from La Bohème, is no different. Giacomo Puccini’s masterpiece – which comes to Dubai Opera for three performances from today until Saturday – sees the opera’s heroine end her days in poverty, coughing up blood, too poor to buy medicine, and estranged from her one true […]
By Rozanna Latiff and Liz Lee | KUALA LUMPUR KUALA LUMPUR Malaysian Prime Minister Najib Razak struck a softer tone with North Korea on Wednesday, a day after accusing it of treating Malaysians as “hostages” amid a diplomatic meltdown over the murder of the estranged half-brother of the North’s leader. Malaysian police have identified eight North Koreans wanted for questioning in connection with the killing of Kim […]
Google Cloud on Tuesday unveiled a series of steps it’s taking to strengthen its partner program, such as simplifying requirements, creating new partner incentives, and introducing new partner specializations — along with a new collection of partners recognized in those areas. “Google Cloud partners are essential to our commitment to help enterprises innovate faster, scale smarter and stay secure,” Bertrand Yansouni, VP of Google’s Global Partner Sales […]
GoldenEye ransomware targets human resources departments because they’re used to opening emails and attachments from unknown sources. Image: Ali Donzanti What is a ransomware attack? Cybercriminals didn’t use to be so obvious. If hackers infiltrated your corporate network, they would do everything possible to avoid detection. It was in their best interests not to alert a victim that they’d fallen victim to cybercrime. But now, if you […]
By Rozanna Latiff and Ju-min Park | KUALA LUMPUR/SEOUL KUALA LUMPUR/SEOUL North Korea barred Malaysians from leaving the country on Tuesday, sparking tit-for-tat action by Malaysia, as police investigating the murder of Kim Jong Nam in Kuala Lumpur sought to question three men hiding in the North Korean embassy. Malaysia’s Prime Minister Najib Razak accused North Korea of “effectively holding our citizens hostage” and scheduled an emergency […]
As the President gets ready to sign a new immigration executive order today (see our note here: “Trump To Sign New Executive Order On Travel Bans Today: Will Exclude Iraq, Green Card Holders“), a group of overly burdened federal immigration judges are wondering whether they’ll get additional support to tackle their already massive caseload which is sure to only balloon further under Trump’s new rules. As the […]
Stacie Overton Johnson More than a dozen international chefs will share their culinary skills at this year’s event. Don’t miss your chance to meet and cook with these masters. Here are three to watch: Michel Roux Jr Michel Roux Jr is a British chef who leads the kitchen at Le Gavroche, a London restaurant that holds two Michelin stars. Roux will be cooking roast pigeon with peaches, […]
March 7, 2017 by: Song Jung-a and Bryan Harris in Seoul and Jeevan Vasagar in Singapore North Korea’s latest missile tests were a rehearsal for an attack on US forces in Japan, Pyongyang has revealed, ratcheting up tensions with two of its sworn enemies even as relations with erstwhile ally Malaysia took a nosedive. The increasingly isolated nation on Monday launched a barrage of ballistic missiles into […]
Jun Wang (sitting), Christopher Eng (standing), Jiajun Wang (left, laptop screen), and Liguang Wang of Brookhaven National Laboratory used transmission x-ray microscopy combined with spectroscopy to produce the colored maps shown on the large screen. These maps reveal the structural expansion (and the resulting cracks/fractures) and chemical composition changes that occur as sodium ions (Fe, green) are added to and removed from iron sulfide (FeS, red) during […]
Taste of Dubai returns for its 10th year this weekend, bringing the 17-day Dubai Food Festival to an end. Held in the Dubai Media City Amphitheatre, the food fair will feature a selection of culinary offerings from 24 of Dubai’s best restaurants, including newcomers such as Namu, Cook Hall, Ramusake, Big Easy Bar and Grill and J&G Steakhouse. Over the past decade, Taste of Dubai has featured […]
Your daily guide to community and cultural activities across the Emirates for March 7, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Swimming festival Tomorrow […]
Snap has fallen below Thursday’s opening price, losing 12 per cent on Monday as analysts issued ‘sell’ ratings on the owner of messaging app Snapchat. Shares in Snap, which went public three days ago, closed at $23.77, below its $24 opening price on the New York Stock Exchange. The broader market closed down 0.3 per cent. However, Snap is still 40 per cent above the $17 at […]
For an organisation to succeed, there’s no room for petty fighting between marketing and tech. Image: Przemyslaw Koch, Getty Images/iStockphoto Long gone are the days when the CIO alone was responsible for buying technology in a business. Just as likely now is that the marketing chiefs will be expected to procure and use digital tools to build brands and boost customer experiences. So how can CIOs and […]
newslide Justin Timberlake and Bruno Mars among iHeartRadio Music Award winners The 2017 iHeartRadio Music Awards started with Justin Timberlake speaking about inclusion and dedicating his award to children who feel different, and ended with a rousing performance by Bruno Mars that included crowd participation from Florida Georgia Line, Thomas Rhett, Ty Dolla $ign, Heidi Klum and more. Timberlake won the night’s first award, song of the […]
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 […]
