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Dubai boat show confirms international shipyard line-up for November // Oil and chip shares retreat after Democratic victories // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // OpenAI identifies 948 Linux privilege escalation flaws using AI // Cloudflare unveils Zero Wire vulnerability intelligence service // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Govt opposes Arlekar’s PSC action // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Anthropic to prohibit persistent abuse of Claude chatbot // APT29-linked campaign exploits outdated Apple and Android software // Ousted top Kochi cop gets IG post // Private varsities bill all set to face the axe // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Hong Kong mandates crypto transaction disclosures to tax authorities // Pinarayi faults UDF over mounting road crashes // UK air traffic outage inflicted £33m financial losses // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Utilities pursue ₹1,992 cr in unpaid bills //

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BERLIN German luxury-car brand Audi said its deliveries rose to a new record last year despite the diesel emissions scandal, although that would likely not be enough to save it from dropping into third place behind luxury rivals Mercedes-Benz (DAIGn.DE) and BMW (BMWG.DE) in global sales rankings. The key contributor to Volkswagen (VOWG_p.DE) group profit increased sales of luxury cars and sport-utility vehicles to 1.87 million units […]

Submitted by Brandon Smith via Alt-Market.com, Yes, the narrative of the “new normal” has been around for so long now that many people have simply grown used to it. The assumption is that the fiscal “new normal” has become the fiscal “normal,” and though the fundamentals continue to strain under the weight of poor global demand and historic debt levitated by extraneous fiat stimulus, the masses feel […]

KINI ROUNDUP Here are the key headlines you may have missed yesterday, in brief. Auditor Parker Randall in spotlight Petaling Jaya Utara MP Tony Pua claimed 1MDB failed to disclose that it is local firm Afrizan Tarmili Khairul Azhar (Aftaas) that would be auditing 1MDB when it announced Parker Randall as its new auditor. “Aftaas is a member of Parker Randall International, an international association of audit […]

This week’s news that Medium is laying off 50 employees and closing its offices in Washington, D.C. and New York came as a surprise to the stable of news organizations that signed up to use the site as its publisher. The prospects for Medium, which was sold to publishers as a high-end alternative to traditional web advertising, now look less rosy as the company backpedals from what […]

A round-up of major happenings in Pakistan in the last week. Pakistan Prime Minister Nawaz Sharif. Credit: PTI Panama Papers investigation After weeks of acrimony, the first day in office for new Chief Justice Mian Saqib Nisar was an unusually harmonious one, with all parties hailing the constitution of a new bench for the Panama Papers hearings that will resume on January 4. Nisar excluded himself from […]

TOKYO U.S. President-elect Donald Trump has threatened Toyota Motor Corp (7203.T) over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan Motor Co (7201.T), the largest automaker operating in the country. Trump has criticized U.S. companies like General Motors (G.N) and Ford Motor Co (F.N) which manufacture abroad, accusing them of costing U.S. jobs. On Thursday he took on […]

Dell’s 2-in-1 Latitude 7285 Tired of having to plug a cable into your laptop to charge it? Dell’s new 2-in-1 Latitude 7285 brings wireless charging to laptops. Must read: CNET – Toss the power brick: The Latitude 7285 is Dell’s first hybrid with a wireless charging base The Latitude 7285 2-in-1 is a hybrid laptop, and one of the optional extras for the device is a wireless-charging […]

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January 6, 2017 by: Adam Samson in New York US wage growth accelerated to the quickest pace since 2009 last month, underscoring rising inflationary pressure as President Barack Obama prepares to pass the torch to Donald Trump. Average hourly earnings climbed 0.4 per cent in December from the previous month, beating expectations for a 0.3 per cent pick-up, the Labor Department said in the final employment report […]

As the first battery cells roll off the production line at Tesla’s 1.9m sq ft Gigafactory in Nevada a scramble is under way to secure supply of the lithium that is their key ingredient. This week a small Australian mining company sold a lithium prospect in west Africa to a Chinese buyer for $78m — or more than 2,000 times the amount it paid for the deposit […]

06 January 2017 Roads and Transport Authority – Nashwan Atta’ee: The Roads and Transport Authority (RTA) has adopted 64 innovative ideas focused on improving customers’ happiness and increasing the ridership of Dubai Metro & Tram as part of long-term plans. Such plans are subject to reviewing, broadening and upgrading according to a timeline overseen by RTA’s Rail Agency. To this effect, RTA’s Rail Agency has recently held an innovation lab […]

Each quarter Credit Suisse’s U.S. Equity Strategy team, led by Lori Calvasina, takes a deep dive into the stock level holdings of long-only, actively managed small, SMID, mid & large cap funds to see which stocks officially qualify as the most crowded trades on wall street.  While the results obviously vary across the size categories, Tech, Healthcare and Financials seemed to be recurring themes for the most […]

Xiaomi’s division in India claims to have topped $1 billion (roughly 6,800 crore rupees) in revenue in 2016, following an announcement in October that it sold more than 1 million smartphones in India in 18 days. In a Facebook post celebrating the revenue milestone, head of Xiaomi India Manu Kumar Jain wrote that the company thinks it’s the first to cross the $1 billion revenue mark in […]

In its first appearance at the annual event, Xiaomi unveiled several products at CES 2017, one of which is the ultra-thin modular TV named the Mi TV 4. CES 2017 is filled with eye-catching TVs, but the Xiaomi Mi TV 4 was able to stand out due to its unique design, both externally and internally. Xiaomi Mi TV 4: Thinner Than The iPhone The Mi TV 4, as described by […]

Friday 02:30 GMT Overview Asia’s markets were bracing for key US jobs data on Friday, leaving stock indices flat and most currencies higher against a wobbling dollar. Within the region, attention was on the Chinese renminbi, which paused for breath after enjoying its biggest two-day rally against the dollar since the offshore market was created in 2010. Hot topic While currency markets are looking at the renminbi, […]

News flash: In 2017, Microsoft Connected Car is now known as Microsoft Connected Vehicle. Otherwise, Microsoft’s automotive strategy remains the same as it was in 2016. Credit: Microsoft Last year, Microsoft execs made it clear that embedding some variant of Windows inside a car is not what Microsoft officials believe to be important — or, more importantly, something they could attain. Last year at CES, Microsoft execs […]

Xiaomi, the Chinese smartphone maker, said that its revenues in India had exceeded $1bn last year as it looks abroad for growth amid continuing competitive pressures at home. Chinese-owned technology companies have so far led the smartphone market in India. The subcontinent is seen as the next big untapped market for mobile makers at a time when growth has begun to flag elsewhere. Sales of Xiaomi’s smartphones […]

Mexico’s central bank intervened in the foreign exchange markets to halt the peso’s record slide against the dollar but failed to provide anything more than temporary respite for its battered currency. The peso responded to the move, the first of its kind since the election of Donald Trump, with a 1.5 per cent rise against the dollar. Having tumbled to another all-time low of 21.61 pesos on […]

January 5, 2017 by: David J Lynch in Washington and Jessica Dye in New York Senator John McCain joined three top US intelligence officials on Thursday in blaming Russia for election-related cyber attacks which the chairman of the Senate Armed Services Committee called an “unprecedented attack on our democracy”. At an extraordinary Senate hearing called to hear the intelligence community’s conclusion that Russia interfered in November’s presidential […]

Thursday 15:20 GMT Overview A surge in the Chinese renminbi is contributing to selling of the US dollar, its retreat from 14-year highs rattling the broader market and boosting the price of gold. US and European equities are becalmed following a mixed Asian session, while Treasury yields dip from recent peaks despite what many analysts consider were a relatively hawkish set of minutes from the Federal Reserve. […]

UAE’s Abu Dhabi National Oil Company (Adnoc) is seeking to enter more “strategic” partnerships to develop new business streams as part of its new five-year business plan and 2030 strategy, according to a news report. The state-owned company announced new strategy in November last year, revealing plans to scale up its oil production target by 400,000 barrels per day (bpd) to 3.5 million bpd in 2018 and […]

04 January 2017 BBK has recently announced new appointments in its Executive Management as part of a re-organization plan recently approved by the Bank’s Board of Directors and the Central Bank of Bahrain. The new structure aims to foster the Bank’s three years strategy (2016-2018), in addition to achieving the future vision and expectations of the Bank’s shareholders and stakeholders.   The new organization included the following appointments: […]

By Alexandria Sage and Paul Lienert | LAS VEGAS LAS VEGAS Electric vehicle start-up Faraday Future showed off in Las Vegas on Tuesday a prototype of a vehicle set for production next year as the China-backed company strives to win credibility in the crowded sector and weather its funding challenges. The “FF 91”, described by its designer Richard Kim as “weird-pretty”, is a luxury electric SUV Faraday […]

Even as Theresa May prepares to make a long-awaited speech on her Brexit strategy, the prime minister is facing fresh claims that her government is turning a deaf ear to news and advice on Brexit it does not want to hear. Former civil servants expressed dismay at the resignation of Sir Ivan Rogers, Britain’s EU ambassador, on Tuesday, saying the UK was losing its best negotiators with […]

Manama, 3rd January 2017 Amlak, the real estate investment arm and a wholly-owned subsidiary of the Social Insurance Organization (SIO), held a press conference to announce the latest projects undertaken by the company.  “Amlak has taken steady steps towards prosperity by developing its growing portfolio. We are excited to announce our upcoming projects which will include a residential project and a number of multi-purpose projects, in addition […]

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Just in:
Hong Kong mandates crypto transaction disclosures to tax authorities // UK air traffic outage inflicted £33m financial losses // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Emirates Group records AED 4.1 billion half-year profit // SC to examine students’ exam plea today // Cyberport Venture & Capital Forum 2026 Grand Opening // Middle East governments assess Iran war after US vote // Govt opposes Arlekar’s PSC action // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // OpenAI identifies 948 Linux privilege escalation flaws using AI // Private varsities bill all set to face the axe // Anthropic to prohibit persistent abuse of Claude chatbot // TVM –Mangaluru Vande Bharat claims top spot // Oil and chip shares retreat after Democratic victories // Cloudflare unveils Zero Wire vulnerability intelligence service // ADIA and partners establish $1.4 billion aviation venture // Ousted top Kochi cop gets IG post // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Dubai boat show confirms international shipyard line-up for November //