Thursday 10:45 BST What you need to know ● Europe and Asia bourses soft after Wall Street sell-off● Futures signal more losses for Wall Street● Dollar finds its footing but pound jumps above $1.30● Yen, gold and Treasuries firm as traders again seek havens ● Brent crude slips back towards $52 a barrel——————- Hot topic US equity futures are weaker while haven assets are again in demand, […]
The vast majority of measles cases occurring in the United States can be put down to Americans who have traveled abroad without being immunized against the disease. Although measles has been officially eradicated in the United States since 2000, sporadic outbreaks continue to happen because unvaccinated people visiting foreign countries contract the disease elsewhere and bring back the virus upon returning home. This puts their families and entire […]
Japan has recorded its longest run of sustained growth in more than a decade as stimulative policy and a healthier global economy lead to a period of robust progress. Growth for the first quarter of 2017 came in at an annualised 2.2 per cent, according to the Cabinet Office, marking five quarters of continuous expansion in gross domestic product. The figure beat the consensus analyst forecast of 1.7 […]
Designers, buyers and influencers have descended on Dubai for Arab Fashion Week, a five-day event dedicated to ready couture and resort wear for women, men and those who refuse a label. The show opened Tuesday night with Jordanian-Canadian sensation Rad Hourani, known for his unisex designs, Palestinian-American Jenanne Filat and her menswear lineup straight out of Arkansas, and runway darlings Marchesa. Hourani sent his models down the […]
By Shinichi Saoshiro | TOKYO TOKYO Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over U.S. President Donald Trump’s future following reports that he tried to interfere with a federal investigation. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan’s Nikkei shed 1.5 percent, Australian shares lost 1.2 percent and South […]
Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]
This time, the day’s big Trump-Russia-Comey news waited until around 6:00 to break. Former FBI director Robert Mueller has been selected by the US Justice Department to serve as special counsel to oversee the investigation into alleged Russian interference in the 2016 US presidential election. Rod Rosenstein, the US deputy attorney general, said on Wednesday that he had determined it was in the “public interest” to appoint […]
Google CEO Sundar Pichai delivers the keynote address of the Google I/O conference, Wednesday, May 17, 2017, in Mountain View, Calif. Google provided the latest peek at the digital services and gadgets that it has assembled in the high-tech tussle to become an even more influential force in people’s lives. (AP Photo/Eric Risberg) Google announced a lot of new bells and whistles Wednesday—several of which, it turns […]
Last summer, Abu Dhabi was scorching hot and immersed in thick, stifling humidity when I started having dreams of fishing along the stony shore of a cold river flanked by tall mountains. I had some time set aside for a week-long getaway, and wanted to do something different. I found little allure in the typical destinations most travellers head to when they want to escape the Gulf […]
US stocks were on track for their worst session for eight months on fears that US President Donald Trump’s ability to push through his pro-growth policies will be sidelined by deepening political controversy. The Wall Street benchmark fell 1.3 per cent to 2,369 on Wednesday, shedding all its gains for May, with financial stocks the worst hit as the S&P banks index retreated 3.8 per cent. Shares […]
At the same time, the Palestinian Authority president, Mahmoud Abbas, generally seen as hesitant, or even obstructionist, may to Mr. Trump seem the most accommodating. Continue reading the main story It is at once a case study in why this region is so unpredictable and a test of whether the new president is in over his head or knows something his many failed predecessors did not. “We […]
Donald Trump is facing the gravest crisis of his presidency following the claim that he urged James Comey, the recently ousted FBI head, to halt an investigation into Michael Flynn, the retired general who was briefly his first national security adviser. According to a memo made by Mr Comey after a private meeting in February, Mr Trump asked him to stop investigating Mr Flynn, who had been […]
The warning highlights growing tensions over the vote, which is coming down to two candidates with diametrically opposed ideologies. The incumbent, President Hassan Rouhani, is promising greater freedom and more interaction with the world, while his principal rival, Ebrahim Raisi, is a hard-line cleric arguing for self-sufficiency as a way to fix Iran’s ailing economy. Continue reading the main story The divisions are playing out in provincial […]
Authored by Charles Hugh-Smith via OfTwoMinds blog, The system is disintegrating, and slapping a “reformist” coat of paint over the dryrot cannot renew the structural timbers that have rotted to their very core. I confess to being amused by the mainstream media’s implicit view that everything would be peachy if only Trump wasn’t president. Memo to MSM: the nation is fragmenting for reasons that have nothing to […]
US stocks were poised on Wednesday to start the trading day on a weak note, while Treasuries rose and the dollar fell, amid mounting concern over the controversies that have engulfed the White House. While Donald Trump’s pro-growth agenda was initially expected to be a boon for risk assets, and a negative for havens, the opposite has played out with increased frequency as the businessman-cum-politician has leapt […]
The wireless headphone company Bragi on Tuesday, May 16, announced a product lineup update to its Dash wireless in-ears called the Dash Pro, a version of which is being marketed as “the world’s first custom-made wireless ear computer.” The company outed two versions of this new headphone model, both improving upon the last model with a trove of features, alongside a crucial element that fixes a longtime woe with […]
If America’s political system were working as it should, Donald Trump would be on his way out. Either Congress would have started impeachment, or people around the president would have declared him unfit for office. But Mr Trump retains an ace up his sleeve. No elected Republican dares cross him. Any who think of standing up to him know they would risk an electronic lynching that could […]
● Trump controversies rattle nerves● Dollar index hits fresh six-month low● S&P 500 futures slide, dragging down other equity benchmarks● Yen, gold and Treasury prices rise as traders seek havens● Oil relapses after strong rally The dollar is sliding to six-month low and US equity futures are in retreat as investors fret that president Donald Trump’s ability to push through his mooted pro-growth policies is under threat. […]
TOKYO U.S. share futures and the dollar slipped in early Asian trade on Wednesday after reports that President Donald Trump asked then-FBI Director James Comey to end a probe into his former security adviser. The reports raised questions about whether charges of obstruction of justice could be laid against Trump, weakening confidence in the U.S. president’s ability to push through an aggressive stimulus program that investors had […]
“It’s a huge burden on the American psyche to have a president go abroad when a sword of Damocles is hanging over them at home,” said Douglas Brinkley, a professor of history at Rice University and an expert on the presidency. “It turns our president, instead of representing the best of America on the road, into a traveling can of worms.” Continue reading the main story Mr. […]
Ransomware is all over the news. Experts estimate the recent WannaCry attack affected as many as 300,000 devices globally. If you’re worried about falling victim to ransomware, there are a few things to consider. How would you react if someone stole your home computer? What if your hard drive failed and wiped out all your programs and data? If you’re prepared with a full, offsite backup, encrypting […]
Twitter co-founder Biz Stone is returning to guide the messaging platform’s internal culture, as it tries to turn around slow user growth and declining revenue in the face of increased competition. Jack Dorsey, Twitter chief executive and co-founder who returned to try to revive the company almost two years ago, asked Mr Stone back during a relaunch of the company’s weekly Friday afternoon tradition of Tea Time […]
Europe’s top court has ruled that a key EU-Singapore agreement requires backing by all EU member states — but only for a narrow set of issues — in a decision that could chart the way for a post-Brexit trade accord with the UK. The European Court of Justice ruled that EU member states must sign off on specific areas related to investment in the Singapore trade deal. […]
“What killed the dinosaurs?” is an enduring question that has plagued grade school students and seasoned scientists alike. We’ve long known that the asteroid that created the Chicxulub crater in Mexico was linked to the demise of everyone’s favorite giant lizards, but the details have been a bit sketchy. Now, a team of scientists have uncovered evidence that lends credence to the notion that the dinosaurs were […]
