logo
Just in:
Kochi police detain two actors over bid to honey trap doctor // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Technology shares plunge as Nasdaq enters correction // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Oil and chip shares retreat after Democratic victories // APT29-linked campaign exploits outdated Apple and Android software // Meraas showcases five residential zones at Dubai Design Week // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // OpenAI identifies 948 Linux privilege escalation flaws using AI // Millions Of Indians May Soon Be Deprived Of Government Assistance // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Cloudflare unveils Zero Wire vulnerability intelligence service // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Emirates Group records AED 4.1 billion half-year profit // Middle East governments assess Iran war after US vote // Emaar approves Development buyout ahead of planned delisting //

News related to
fall

Barclays was under pressure on Friday after Goldman Sachs said the bank needed to prioritise rebuilding capital over shareholder returns. Regulatory hurdles have moved against cross-border banks such as Barclays, which will be hit disproportionately by regional ringfencing laws, said Goldman. Capital ringfences add to uncertainty around Barclays’ litigation costs, its pension deficit and the likely proceeds from the sale of its African bank, said the broker. […]

The Australian dollar and Norwegian krone are vying for the ignominious title of worst-performing major currency today as commodity prices tumble. Following a stumble in oil prices in Asia on Friday that took Brent crude and West Texas Intermediate to their lowest since November, the krone (pictured above) suffered a sharp fall and surpassed the Aussie dollar as the worst among major currencies. The krone was down […]

“Something is off,” warns RBC’s head of cross-asset strategy Charlie McElligott in the introduction to his latest market noting that the swing in US fiscal policy optimism is coming at a critical time as the China’s liquidity tightening is spooking the reflation story. SUMMARY: Movement on US fiscal policy is currently driving US rates and equities higher, counteracting the tremendous negative implications of this ‘Chinese tightening / […]

When NPR’s David Folkenflik was growing up in the Southern California town of Laguna Beach, he would occasionally visit an enormous newsstand where readers could find almost anything they wanted to read. The Economist was next to Time. The surfer magazines were next to the tattoo magazines. The fake or dubious news — the National Enquirers of the world — were also in their own slots, somewhere in the […]

By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks declined for a third consecutive day on Friday as fresh falls in commodities raised concerns about the health of the global economy, though the euro bucked the broad weakness on receding concerns about France’s presidential election. Chinese stocks led regional losers, falling to a three-month low as concerns about tighter financial regulations weighed on banking shares while […]

Commodities futures in China are diving further, led by another large drop in the price of iron ore to a six-month low. Iron ore futures were down by their daily limit of 8 per cent on the Dalian Commodity Exchange at Rmb458.5 ($66.48). Yesterday, futures were down by as much as the daily limit, before easing to close 5.3 per cent lower. Dalian coking coal futures were […]

We are currently in the thick of the iPhone rumor season, with various reports claiming different specifications for the premium iPhone 8. However, most reports agree that the iPhone 8 will be announced alongside the iPhone 7s and iPhone 7s Plus in September. An analyst seems to think otherwise, claiming that Apple will surprise us all by announcing the iPhone 8 a few months earlier than expected. […]

Advertisements

The US energy industry has morphed from 2016’s big winner to the bottom of the heap this year in a slide that has accelerated as oil prices fell on Thursday to the lowest level since November. Energy stocks listed on the S&P 500 index dropped 1.9 per cent on Thursday. The fall brings the sector’s decline this year to 12.1 per cent, the biggest drop of the […]

I’m a firm believer in always seeing the glass as half-full rather than half-empty, for seeing the light at the end of the tunnel, and so on. When people congratulate me for taking the positive view, I say I’m not – it’s simply all a matter of perspective. Take my country, the Kingdom of Saudi Arabia. One of the richest countries in the history of the world, […]

Authored by 720Global’s Michael Lebowitz via RealInvestmentAdvice.com, “History has not dealt kindly with the aftermath of protracted periods of low risk premiums” – Alan Greenspan The ability to see beyond the observable and the probable is the most important and under-appreciated characteristic of successful investors. For example, visualize a single domino standing upright. With this limited perspective, one can establish what the domino is doing in the […]

Figure 1: An X-ray diffraction image of a chip package containing four multi-stacked silicon die. The thickest silicon die (300 µm thick) is the large flat stripe, which experiences the least warpage as it is glued to the package lead frame (lead frame not imaged). The three “wiggly” strips are individual transmission section images for each of the three remaining die (each 50 µm thick) stacked upon […]

US Treasuries came under pressure across the curve on Thursday, following a round of solid economic data and indications that the Federal Reserve is willing to look past the slowdown in economic growth at the start of this year. The 10-year yield was up 0.043 percentage point (4.3 basis points) at 2.363 per cent. Meanwhile, the policy-sensitive two-year yield ticked up 2.81 bps to 1.322 per cent. […]

Wall Street opened slightly higher on Thursday, led by banks, after the Federal Reserve expressed confidence in the strength of the economy. However, gains were limited by a fall in technology and energy stocks. The Dow Jones Industrial Average rose 25.49 points, or 0.12 percent, to 20,983.39. The S&P 500 gained 3.14 points, or 0.13 percent, to 2,391.27 and the Nasdaq Composite added 6.60 points, or 0.11 […]

Cameron Mackintosh speaks with all the ease – but with little of the arrogance – of someone who has made a billion dollars doing what he loves. “I was a lucky boy to be born when I was,” he says. Coming from the third richest man in the British music industry, it is perhaps the understatement of the century. The run of stage smashes he produced in […]

As noted earlier, while European stocks and US equity markets have ignored the commodity crash in China, which in addition to iron ore plunging limit down, also saw rubber tumble 7% lower, and steel rebar, coke, coking coal plunge over 6% …   … Axiom’s Gordon Johnson warns (as we did a month ago) that the worst is yet to come, and in fact, the “backdrop of […]

11:00 am Suppose we could be brave, Bryce, and go with a pic of Jeffery Lacker as our portrait for today 11:01 am Well, he stepped down from the Richmond Fed after fessing up to helping a colleague at a sister publication — Medley — on a story 11:02 am 11:03 am I could give you a rival’s analysis of the story 11:03 am It’s not the […]

HSBC has beaten analysts’ expectations for its first-quarter results as strong trading conditions, rising interest rates and a weaker dollar lifted earnings, bringing welcome relief from its heavy miss at the end of last year. Pre-tax profits, adjusted for one-offs and currency moves, reached $5.9bn, surpassing consensus forecasts of $5.3bn. Shares opened up 3.4 per cent in London trading, hitting 668.30p. Europe’s biggest bank by assets, which […]

It’s not often that a fall saves someone’s life. Helen Powell, 74, says that was the case for her. A computerized tomography scan that followed her fall revealed a cancerous brain tumor that led her to surgery using first-in-the-world technology. (via WSJ)

Don’t open that email. Journalists and others on Wednesday were ensnared in what appears to be a widespread phishing attack from the address “[email protected],” while others took to Twitter to warn others: icymi: Someone Is Spreading a Massive Google Doc Phishing Email Right Now https://t.co/Y2HVIKejlp via @lorenzofb — Carl Franzen (@carlfranzen) May 3, 2017 This may be spreading through asking authorizing apps. DO NOT AUTHORIZE APPS WITHOUT […]

Apple CEO Tim Cook (Image: CNET/CBS Interactive) Apple CEO Tim Cook has said he remains enthusiastic about business opportunity in China, the world’s largest smartphone market, despite the company’s Greater China sales falling 14 percent year-on-year to $10.7 billion in the quarter ended April 1, from $12.5 billion in the same period last year. This figure was also down 34 percent from revenue of $16.2 billion recorded […]

Sign up to receive FirstFT by email here The Federal Reserve said it believed the recent slowdown in US growth was likely to prove temporary as it stayed on course for a further increase in short-term interest rates as soon as June. The US central bank kept its target range for the federal funds rate at 0.75 per cent to 1 per cent following its latest two-day meeting. In […]

Your daily guide to community and cultural activities across the Emirates for May 4, 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 Film screenings Catch […]

The more The New York Times gets trashed by President Trump, the more its subscriptions seem to surge. The New York Times on Wednesday reported the addition of 308,000 net digital subscribers in the first quarter of 2017, the most of any quarter in the newspaper’s history, pushing it past the 2 million subscriber mark. Subscriptions to the company’s news products fall just shy of 2 million, […]

Theresa May has formally launched her election campaign with an attack on “European politicians and officials”, whom she accused of threatening Britain and trying to sabotage her attempt to win re-election. Standing on the steps of Number 10, Mrs May set out to inflame Brexit tensions, claiming that events of recent days showed that “there are some in Brussels who do not want these talks to succeed”. […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
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 // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // UK air traffic outage inflicted £33m financial losses // OpenAI identifies 948 Linux privilege escalation flaws using AI // Dubai boat show confirms international shipyard line-up for November // TVM –Mangaluru Vande Bharat claims top spot // Private varsities bill all set to face the axe // Kochi police detain two actors over bid to honey trap doctor // Technology shares plunge as Nasdaq enters correction // APT29-linked campaign exploits outdated Apple and Android software // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Middle East governments assess Iran war after US vote // Meraas showcases five residential zones at Dubai Design Week // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Oil advances towards $100 as tanker attacks persist //