By Ju-min Park and Jack Kim | SEOUL SEOUL North Korea fired a ballistic missile on Wednesday from its east coast into the sea off the Peninsula, South Korea’s military said, ahead of a summit between U.S. and Chinese leaders who are set to discuss Pyongyang’s arms programme. The launch was from Sinpo, a port city on the North’s east coast, and the missile flew about 60 […]
RIYADH British Prime Minister Theresa May said on Tuesday she would raise “hard issues” with Saudi Arabia’s leaders during her visit, as critics urged her to pressure Riyadh over its war in Yemen and human rights record. May was expected to explore ways of boosting trade ties with the kingdom during her two-day visit, her second to a Gulf Arab state since Britain decided to leave the […]
The ‘Panama Papers‘ scandal was one of the biggest data leaks in history. But a year on from the exposé by the International Consortium of Investigative Journalists (ICIJ), it appears to be simply ‘business as usual’; as few governments have meaningfully tackled the issues of tax avoidance and evasion. Unparalleled leaks The leak was huge. It contained 11.5 million documents, and named more than 200,000 companies, 14,153 clients in […]
Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Future of renewable energy in Africa discussed at the first Africa Renewable Energy Leaders Summit (ARELS) in Nairobi Tuesday, April 4, 2017 The first Africa Renewable Energy Leaders’ Summit (ARELS) officially launched today at the Intercontinental Hotel in Nairobi. The two-day-long international conference organised by dmg events Middle East, […]
By Greg Torode and Michael Martina | HONG KONG/BEIJING HONG KONG/BEIJING China is steadfastly opposed to the deployment of advanced U.S. anti-missile radars in South Korea because it does not know whether the defences, intended for North Korean missiles, are capable of tracking and countering Beijing’s own nuclear programme, experts say. Beijing’s resistance to the THAAD (Terminal High Altitude Area Defence) anti-missile system put up south of […]
The annual Cesco Week gathering for the global copper industry starts Monday in Santiago. For the first time in five years, attendees arriving in the Chilean capital can reflect on a copper price that is higher than at the previous year’s event. However, optimism that 2017 represents a turning point in the market should be tempered by the realisation that any sustained recovery in the copper price […]
Journalism has a trust problem. In the run-up to the 2016 election, a Gallup poll revealed Americans’ trust in the press had sunk to an all-time low, with just 32 percent surveyed they felt “a great deal” or “a fair amount” of trust in the mainstream media. Whether it’s criticism from the Trump administration, the failure of the media to correctly forecast the outcome of the 2016 […]
ZDNet ST. MAARTEN: The cybercriminals allegedly responsible for an attack on Bangladesh’s central bank which left the country’s wallet millions of dollars lighter is showing “no signs of stopping,” according to security experts. The group, dubbed Lazarus, managed to dupe banking staff into transferring $80 million from the Central Bank of Bangladesh’s New York Federal Reserve account after spending several months studying how the financial institutions communicated […]
Investors face a test of nerve as the second quarter beckons. The rally in US stocks and the dollar sparked by the election of Donald Trump is looking stretched, amid doubts about the president’s ability to deliver fiscal stimulus for the economy that can justify lofty equity valuations. The shifting mood has spurred money into emerging markets and European stocks, with EM currencies enjoying a stellar March […]
ZDNet ST. MAARTEN: Researchers have discovered an ancient APT used to target the Pentagon decades ago is now being utilized by modern cyberattackers. On Monday, at the Kaspersky Security Analyst Summit in St. Maarten, researchers from Kaspersky and Kings College London said that Moonlight Maze, which sent fear shooting through the hearts of US agencies over two decades ago, is still finding relevance in modern-day attacks. The […]
TOKYO Asian shares started the week on a steady footing on Monday after a bumper quarter as investors look to the shape of U.S. trade and economic policies and how they could affect global growth. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was little changed in early trade while Japan’s Nikkei .N225 rose 0.1 percent. Ex-Japan Asia MSCI had gained 12.3 percent in the last […]
I still remember where I was when the Panama Papers were released to an astonished world. I’d been at a friend’s birthday in Oxford, and I was driving back to London on the Sunday evening. As the T20 cricket World Cup Final reached its conclusion, I pulled into a motorway service station just outside London, ready to celebrate England’s win. Sadly, we managed to snatch defeat from […]
Britain has apologised after an egg was thrown at a Saudi military official during a visit to London, Saudi state media said Sunday. An anti-war activist last week attempted a citizen’s arrest of General Ahmed Assiri, spokesman for the Saudi-led Gulf coalition fighting rebels in Yemen, before another threw an egg that hit Assiri in the back. British Foreign Secretary Boris Johnson called Deputy Crown Prince Mohammed […]
Here are the main questions facing markets as a new trading week and the start of the second quarter beckons. What are the likely drivers?A host of market-moving events confront investors as the calendar flips over to April. These include France’s presidential elections and the opening salvos of the UK’s divorce from the EU. But there is also the prospect of a sustained recovery in global activity, […]
One of the Dubai’s most prominent businessmen has reiterated his faith in the UAE, he says, continues to give him confidence to invest in the country. Khalaf Al Habtoor, chairman of the Al Habtoor Group conglomerate, said in a speech to the FT Family Business Summit that his company is working with the government to maximise investments. “I have trust in the country. I have trust in […]
Every editor must learn to fix stories, but fixing is not the same as coaching. Coaching is the human side of editing. In other words, the editor coaches the writer — but fixes the story. Before an editor can successfully coach a reporter, you need to know who he or she is. A simple “getting to know you” interview with a reporter can reveal a lot of […]
HANOI U.S. President Donald Trump has written to Vietnamese President Tran Dai Quang to promote more cooperation between the two countries, the government website cited Quang as saying. Vietnam and the United States had advanced ties to a new level under the Obama administration amid a dispute with China over South China Sea issues, while Trump has also expressed his hope for a stronger relationship. Trump sent […]
By Lesley Wroughton and Robert-Jan Bartunek | BRUSSELS BRUSSELS U.S. Secretary of State Rex Tillerson reassured his nervous European counterparts over Washington’s commitment to NATO on Friday and pressed them again to spend more on defence, triggering a rebuke from Germany. Foreign Minister Sigmar Gabriel said it was neither “reachable nor desirable” for Germany to spend the agreed NATO target of two percent of member states’ economic […]
US farmers have signalled plans to sow soyabeans across an area the size of Germany this year, an expanse that reflects the relentless rise of meat demand in China and other emerging economies. The record 89.5m acres (36.2m hectares) of soyabean fields would follow all-time high plantings in South America, the other leading grower of the oilseed. The harvest under way in Brazil is set to surpass […]
The titans of the commodities industry are daring to believe the worst is over but are braced for an increasingly uncertain outlook as “me-first” protectionist policies threaten to destabilise global trade. Those were two of the key themes to emerge from the sixth Financial Times Commodities Global Summit in Lausanne last week. The head of Cargill, the world’s biggest agricultural commodities merchant, called on the commodities industry […]
HELSINKI Finland’s President Sauli Niinisto said on Friday the nation is unlikely to host an Arctic summit at short notice, quashing the prospect of an imminent meeting between U.S. President Donald Trump and Russia’s President Vladimir Putin. “That a summit could be arranged hastily, seems impossible, and I have not proposed that… The G20 meeting in Germany will likely be the first meeting for presidents Trump and […]
By Robin Emmott and Alastair Macdonald | VALLETTA/BRUSSELS VALLETTA/BRUSSELS The European Union offered Britain talks this year on a future free trade pact but made clear in negotiating guidelines issued on Friday that London must first agree to EU demands on the terms of Brexit. Those include paying tens of billions of euros and giving residence rights to some 3 million EU citizens in Britain, the proposed […]
ABU DHABI // The war against human trafficking is being hampered by factors including a lack of unified laws in the countries affected and political differences, a summit has heard. “Different legislation definitely affects the path of the investigation,” said Col Hamad Al Zaabi, the Ministry of Interior’s deputy director of federal investigations. “In the country of origin they lack organisational structures, procedures and measures, so it’s […]
Future of manufacturing requires strong SME sector, HE Saif Al Hajeri tells delegates Daylight Programme has positive impact on females working in manufacturing sector Partnership with universities has helped develop technologies which UAE can export Abu Dhabi, UAE, March 30, 2017 HE Saif Al Hajeri, the CEO of Tawazun Economic Council & Tawazun Holding, told the Global Manufacturing and Industrialisation Summit, taking place at the […]
