Senator Ben Sasse, a Republican member of the Senate Judiciary and Armed Services Committees, has issued the following statement after President Trump accused former President Obama of wiretapping his phones in 2016 and Obama’s spokesman said that was false. Sasse raises several key points: if the wiretap was authorized by a FISA Court, Trump should demand to see the application, find out on what grounds it was […]
Singapore will set up a new cybersecurity command centre to combat increasing threats and ensure there are adequate skillsets in cyberdefence. Running 24 by 7, the new facility would encompass four key groups and comprise top-ranking military and armed officers, according to the country’s defence minister Ng Eng Hen. The new Defence Cyber Organisation (DCO) would be manned by some 2,600 soldiers operating within divisions overseeing cybersecurity […]
Imagine you’ve come down with a cold while you’re away on a trip. You don’t necessarily want to buy a box of Kleenex, a full pack of Sudafed (or whatever decongestant you’re into) knowing that you have all these supplies at home, but just not currently with you. Wouldn’t it be great if someone could just bring you a sample size of tissue, a couple of Sudafeds […]
Plot twists, accusations and 25,000 pages of evidence — a snapshot of the case that will determine Nawaz Sharif’s fate. Panama Papers leaked; Sharif family under spotlight — Feica/Dawn. The International Consortium of Investigative Journalists (ICIJ) makes 11.5 million secret documents available to the public for the very first time. The documents, coming from Panamanian law firm Mossack Fonseca, contain confidential attorney-client information for more than 214,488 […]
KUALA LUMPUR Malaysia on Saturday expelled the North Korean ambassador to the country, declaring him “persona non grata” and asking the envoy to leave Malaysia within 48 hours. The move comes nearly three weeks after Kim Jong Nam, the estranged half brother of North Korean leader Kim Jong Un, was murdered at Kuala Lumpur’s airport with a toxic nerve agent. U.S. and South Korean officials have said […]
04 March 2017 MARC has affirmed its ratings of A and BBB on special purpose vehicle RCE Advance Sdn Bhd’s (RCEA) outstanding RM5 million Class B and RM10 million Class C notes under the RM420 million Fixed Rate Medium-Term Notes (MTN) Programme respectively. The outlook on the ratings is stable. There is currently no outstanding Class A notes under the programme upon the repayment of RM5 million on November 15, 2016. The rating […]
PARIS/LONDON France’s PSA Group (PEUP.PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition. The maker of Peugeot, Citroen and DS cars said on Saturday it would hold an early Monday press conference with GM, at which the transaction is expected to be […]
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 […]
CNET/CBS Interactive Google plans to release a second-generation Pixel smartphone as follow-up to the first version released in October 2016, Google hardware boss Rick Osterloh confirmed at Mobile World Conference this week. “There is an annual rhythm in the industry. So, you can count on us to follow it.” Osterloh reportedly told Android Pit at a closed meeting with reporters. “You can count on a successor this […]
General Motor’s (GM’s) European car brand Opel will soon come under the PSA Group. The French automaker is quite close to completing a deal with Detroit-based car maker GM on Monday, March 6. GM it seems is finally dumping its European car business which was long standing and losing out money making its car business unprofitable. The acquisition was made in order to give a boost to GM’s […]
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 Noel Randewich | SAN FRANCISCO SAN FRANCISCO Technology companies have been a driving force behind the U.S. stock market’s recent record rally, and despite mounting evidence of stretched valuations the sector remains a top pick for investors expecting a wave of capital expenditures by U.S. corporations. Corporate tax cuts and reduced regulations planned by President Donald Trump will give companies reason to spend more on cloud […]
WASHINGTON President Donald Trump’s Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides he would not tolerate leaks to the news media, three sources familiar with the matter said. Current and former officials said that in a departure from past practice, access to a classified computer system at the White House has been tightened by political appointees to prevent […]
Image copyright Reuters Image caption Ri Jong Chol arrived in Beijing early on Saturday The North Korean suspect questioned in connection with the death of Kim Jong-nam has said he was the victim of a conspiracy by the Malaysian authorities. Ri Jong Chol said his detention was a “plot” to “damage the honour of the republic”, Reuters news agency reports. He made the comments outside the North […]
Johnson & Johnson said on Friday that a state court jury in Missouri had returned a verdict in its favor in the latest trial to arise out of thousands of lawsuits alleging the company’s talc-based products can increase the risk of ovarian cancer. The jury sided with Johnson & Johnson and talc supplier Imerys Talc in a lawsuit by Tennessee resident Nora Daniels, who alleged that she […]
A tell-tale sign of a booming equity market is a hot technology listing and the blockbuster debut by Snap, duly summoned memories of the dotcom era. Shares in the parent of the popular messaging app surged more than 40 per cent in their New York Stock Exchange debut on Thursday where the fresh-faced co-founders rang the opening bell to cheers from the trading floor. On Friday, they […]
Google is collaborating with the online education company Coursera to train more workers for the growing cloud computing industry. The companies on Friday announced the launch of a series of on-demand Google Cloud Platform training courses, developed and taught by “Google experts,” according to Louise Byrne, head of Cloud Training Delivery for Google Cloud. The courses, available for a range of skill levels from beginner to advanced, […]
The heads of the London Stock Exchange Group and Deutsche Börse went to Brussels at the start of February on the verge of clearing a major obstacle for their historic €29bn merger. Xavier Rolet and Carsten Kengeter thought EU regulators were set to bless the deal they had been working on for more than a year. But midway through the meeting, Mr Kengeter stepped out to take an emergency […]
While equity market euphoria at the prospect of President Donald Trump’s spendthrift, deregulatory agenda remains undimmed, bond investors are sending a very different message. US equity gauges have continued to climb this year, propelled by hopes of deregulation, tax cuts, government spending and more business-friendly policies. This week all four of the biggest stock indices achieved yet another “Grand Slam” of fresh records in the wake of […]
3 March 2017, Dubai Safwa Marine, Abu Dhabi Ship Building’s arm dedicated for yacht sales, service and management, has announced a partnership with Dutch marine communications specialist Radio Holland, on the sidelines of the Dubai International Boat Show. Under the terms of the partnership, the two companies will offer yacht and leisure boat owners in the Middle East a one-stop-shop solution for all their retrofit, overhauling and […]
NEW YORK/SAN FRANCISCO Institutional investors anxious not to be left out of this year’s marquee initial public offering helped Snap Inc (SNAP.N) pull off the biggest U.S.-listed technology share sale this week since Chinese e-commerce juggernaut Alibaba Group Holding Inc (BABA.N) smashed records in 2014. Keen to boost returns and with a dearth of new stocks to buy, the IPO of a buzzy social media group was […]
April 3, 2016 Panama Papers leaked; Sharif family under spotlight The International Consortium of Investigative Journalists made nearly 11.5 million secret documents public. The documents contained confidential attorney-client information for more than 214,488 offshore entities, with the source of these leaks being a Panamanian financial law firm, Mossack Fonseca. Eight offshore companies were reported to have links with the family of Prime Minister Nawaz Sharif and his […]
