Rumors suggest that the Moto G5 handset could possibly get a new hue, which may excite smartphone lovers. Lenovo-owned Motorola launched its flagship smartphones Moto G5 and Moto G5 Plus at the Mobile World Congress (MWC) in February this year. The two smartphones were launched in two colors, namely Lunar Gray and Fine Gold. Moto G5: New Color Coming? The Moto G5 is possibly gearing up to add a blue shade to […]
By Nick Kounis of ABN Amro Euro Rates Watch – Will the TLTRO spark carry trades? The last of the ECB’s TLTRO-II operations is expected to have a big take up, with the market expecting EUR 125bn, and some forecasts as high as EUR 300bn From a rates perspective, what matters is whether these funds will trigger flows into the bond or swap markets as banks set […]
March 23, 2017 by: Peter Wells in Hong Kong Thursday 02.15 GMT Overview Asian markets were in a more subdued mood and making a tentative recovery from a midweek sell-off in which many global stock markets suffered their worst session since the US presidential election. A terror attack in London on Wednesday also kept investors in a cautious mood. Hot topic A jolt to global financial markets […]
SEOUL Five South Koreans were injured near the British parliament on Wednesday in what UK police called a “marauding terrorist attack,” South Korea’s foreign ministry said in Seoul. The five were injured in the chaos that ensued when the attacker ploughed into pedestrians on the Westminster Bridge, the foreign ministry said in a statement. Three women and one man in their 50s and 60s suffered injuries including […]
LONDON “I heard a thud, turned round and there was a man lying about 10 yards away from me,” Reuters photographer Toby Melville recalls, describing the moment a man fell from London’s Westminster Bridge to the pavement below during Wednesday’s attack. It had been a quiet afternoon in central London and Melville was taking pictures around parliament for stories about Britain’s exit from the European Union. Melville […]
The enigmatic Australian singer Sia Furler leads something of a double life: a successful songwriter and high-profile pop star. The 41-year-old, who performs at the Dubai World Cup concert at Meydan Racecourse on Saturday, became a major presence in US pop scene as a songwriter initially. Rihanna (Diamonds), Beyoncé (Pretty Hurts) and Britney Spears (Perfume) all grace her mighty resume. Furler was also an underrated alternative act […]
Brent crude oil fell below $50 a barrel for the first time this year after US crude inventories climbed to a fresh record, raising fears that Opec’s attempts to tighten the market are falling short. US crude inventories rose by 5m barrels in the week ended March 17, the US Energy Information Administration reported on Wednesday, triggering an immediate bout of selling that pushed Brent below $50 […]
New revelations reported Wednesday further intensify the spotlight on Paul Manafort, President Donald Trump’s former campaign chair and a longtime friend, who allegedly worked for years to advance the interests of Russian President Vladimir Putin in Ukraine and elsewhere. An Associated Press report says Manafort forged closer ties to the Kremlin and the formerly pro-Russian government in Ukraine than he had previously disclosed, casting another cloud over the […]
Markets now and again behave in ways least expected, none more so than the resilience of emerging market currencies against the US dollar. Two of the main factors underpinning EM foreign exchange flows — globalisation and oil — are going the wrong way. Globalisation looks more vulnerable than ever following the G20 finance ministers’ meeting that pointedly failed to include the need to fight protectionism in its […]
Just when it seemed the follow through from yesterday’s selloff would continue, algos may have found the only catalyst they need to press the bid: in his overnight note, Dennis Gartman writes “we actually ventured to the short side of the market, buying bearish derivatives and by 1:00 in the afternoon, doubling those positions and carrying them “home” through the close of trading.” Here is the key […]
By Ankit Ajmera and Nathan Layne Sears Holdings Corp (SHLD.O), once the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining sales. “Our historical operating results indicate substantial doubt exists related to the company’s ability to continue as a going concern,” Sears said in the annual report for the fiscal year ended Jan. 28. (bit.ly/2mRUcce) […]
DUBAI // A traveller has denied molesting a sleeping 19-year-old British student whom he befriended at Dubai International Airport. The student had come to Dubai on a four-day visit to meet a friend on January 6 and the incident occurred as she waited to travel home, Dubai Criminal Court heard on Wednesday. “On January 10, I was at the airport waiting for my flight from Terminal 1. […]
Akzo Nobel has rejected a second takeover bid in less than three weeks from US rival PPG, claiming that the revised offer of €22.4bn failed to recognise the value of the Dutch paints and chemicals group. The latest takeover attempt by the US company represented a €1.5bn improvement on the previous offer, but was not enough for Akzo Nobel’s board, who rejected it unanimously. The maker of […]
Stock markets suffered their worst falls since the election of Donald Trump as Wall Street worries about the prospects for the US president’s pro-business agenda triggered a rush for financial havens. US markets led the declines, with the benchmark S&P 500 index tumbling 1.2 per cent and breaking a run of 109 trading days without a drop of 1 per cent or more. The Dow Jones Industrial […]
“As hackers get more aggressive and more sites become outdated, hackers will continue to capitalize by infecting more sites,” Google warns. Image: iStock Google says 32 percent more websites were hacked in 2016 compared with the year prior, and that most operators of hacked sites were never informed of it. The search giant highlighted the uptick in hacked sites in its state of website security report for […]
Authored by Robert Parry via The Strategic Culture Foundation, The Kagan family, America’s neoconservative aristocracy, has reemerged having recovered from the letdown over not gaining its expected influence from the election of Hillary Clinton and from its loss of official power at the start of the Trump presidency. Former Assistant Secretary of State for European Affairs Victoria Nuland, who pushed for the Ukraine coup and helped pick […]
SEOUL Former South Korean President Park Geun-hye left prosecutors’ offices early on Wednesday after being questioned in an investigation into a corruption scandal that brought an early end to her political career. Park did not respond to reporters’ questions as she emerged from the building after nearly 22 hours and got into a waiting car to be driven to her private home in the capital, Seoul. Prosecutors […]
Iona Craig, who reported on the aftermath of the botched Navy SEAL raid in Yemen for The Intercept from Yeman, did so with the help of the Pulitzer Center. Iona Craig. Grants from the Pulitzer Center go a long way for international journalists who eke out a difficult existence covering tough stories from dangerous places. The details of her recent Yemen experience should give pause to most […]
By Rosalba O’Brien | SANTIAGO SANTIAGO Sebastian Pinera, who was Chile’s president from 2010 to 2014, officially declared on Tuesday his intention to seek the office again this year, betting that widespread disillusion with the governing coalition will help him win over voters. The center-right Pinera, who ranks 745th on the Forbes list of the world’s richest billionaires, is bidding for the nomination of the ‘Chile Vamos’ […]
Nearly a decade on from the financial crisis that took hold in 2007 and put an end to an era, the global economic environment remains unusually challenging. Nonetheless, the efforts that have been undertaken by Bahrain over the past 15 years to reform and diversify its economy, alongside the wider activities by regional governments to address the near-term fiscal challenges, means that the kingdom remains cautiously optimistic […]
By Yawen Chen and Ryan Woo | BEIJING BEIJING Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of 2017, buoyed by positive economic signs from the United States and China that underpinned improved global demand, a Thomson Reuters/INSEAD survey showed. The Thomson Reuters/INSEAD Asian Business Sentiment Index .TRIABS RACSI, representing the six-month outlook of 96 firms, rebounded […]
Stock markets suffered their worst falls since the election of Donald Trump as Wall Street worries about the prospects for the US president’s pro-business agenda triggered a rush for financial havens. US markets led the declines, with the benchmark S&P 500 index tumbling 1.2 per cent — and breaking a run of 109 trading days without a drop of 1 per cent or more. The Dow Jones […]
Wednesday 02:35 GMT Overview Asian equities sank in the wake of the S&P 500’s biggest fall in more than five months as investors fretted that US President Donald Trump’s pro-growth policies could take longer than expected to come to fruition. Hot topic The S&P 500 closed down 1.2 per cent on Tuesday, dragged lower by financial stocks. It was the first time since October 11 that the […]
US banks recorded their steepest slide since the wake of the June Brexit vote as the Treasury yield curve flattened and investors remained concerned that Donald Trump’s policy initiatives might take longer to pass than previously thought. The S&P 500 banks index dropped 3.9 per cent, marking its steepest fall since June 27, according to Bloomberg data. America’s largest lenders were under pressure as Bank of America […]
