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Oil and chip shares retreat after Democratic victories // UK air traffic outage inflicted £33m financial losses // Hong Kong mandates crypto transaction disclosures to tax authorities // Dubai boat show confirms international shipyard line-up for November // OpenAI identifies 948 Linux privilege escalation flaws using AI // APT29-linked campaign exploits outdated Apple and Android software // Cloudflare unveils Zero Wire vulnerability intelligence service // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // SC to examine students’ exam plea today // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // 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 // TVM –Mangaluru Vande Bharat claims top spot // Vance attributes Republican midterm defeats to Iran conflict // Meraas showcases five residential zones at Dubai Design Week // Private varsities bill all set to face the axe // Utilities pursue ₹1,992 cr in unpaid bills // ADIA and partners establish $1.4 billion aviation venture // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 //

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WASHINGTON U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official said on Wednesday. Perdue, 70, served on Trump’s agricultural advisory committee during his presidential campaign. His nomination, which must be confirmed by the Republican-led Senate, will complete Trump’s proposed cabinet just before he is sworn in as president on Friday. By nominating […]

Lt. Gen. Talib Shaghati of the Iraqi Army said on Wednesday that his forces had effectively taken control of the eastern side, declaring that “important lines and important areas are finished.” He spoke at a news conference in Bartella, a town east of Mosul. Continue reading the main story Prime Minister Haider al-Abadi of Iraq, in a statement posted on his Twitter account, extolled what he described […]

Blockchain has moved on from its Bitcoin past and is being touted as an effective and inexpensive way to safeguard data, with one Singapore-based vendor launching its first blockchain-based authentication tool. Because it provides a shared replicated “immutable” ledger, blockchain can facilitate a “single source of truth” and a secure, tamper-proof system of record, according to Alan Lim, Asean practice lead for IBM Blockchain and Bluemix Garage. […]

China cut its holdings of US Treasuries by $66bn in November, reducing its position in the safe-haven debt to the lowest level since 2010 as the country battles to stabilise its currency. The acceleration in sales — the largest monthly decline since December 2011 — threatens a rise in US interest rates if it continues and follows an unwinding in October that saw China cede its position […]

By Philip Pullella | ROME ROME A series of strong earthquakes hit snowbound central Italy on Wednesday, a region devastated by deadly tremors last year, killing one man and forcing schools and rail links to close. Four quakes of magnitude 5.2 and higher struck near the hill town of Amatrice, some 100 km (60 miles) northeast of Rome, in the space of four hours. Much of the […]

Net profit of QAR 427 million by the end of 2016 Total Assets rose by 7% to QAR 60.6 billion Loans and Advances grew by 5% to reach QAR 35.2 billion by the end of 2016 Deposits reached QAR 32.2 billion, up 4% from the previous year Doha, January 18, 2017 Al Khalij Commercial Bank (al khaliji) P.Q.S.C, in Qatar, released its consolidated financial statements for the […]

US financial stocks have come under pressure since the start the year, denting a sharp rise that began after the election, in the latest sign that the Trump trade has begun to run out of steam. The S&P 500 financial sector has fallen 1.1 per cent since the end of 2016, bucking the broader index that has risen by 1.4 per cent. While the financial index was […]

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The Samsung Galaxy C5 Pro and Galaxy C9 Pro have been spotted at the FCC, indicating that they could soon make their way to the United States. The Galaxy C9 Pro already received international certification last month, signaling that it was ready to expand its availability beyond China, albeit it remained unclear at that point whether the handset would make it to the U.S. market as well. If […]

China’s currency was softer after its central bank fixed the renminbi’s trading band at its strongest level in two months in the wake of the dollar’s Tuesday fall against a host of major currencies. The onshore renminbi gained 0.8 per cent against the dollar at the close of trading yesterday as President-elect Donald Trump questioned the value of the dollar, but had weakened 0.3 per cent in […]

Former U.S. President George H.W. Bush has been hospitalized in Houston, CBS Houston affiliate KHOU television reported on Wednesday, citing his office chief of staff. Bush, 92, was in stable condition and “doing fine,” Jean Becker told the television station. Bush is expected to go home in a couple of days, Becker told KHOU. Reuters was not immediately able to reach the family spokesman Jim McGrath or […]

By Charlotte Greenfield | WELLINGTON WELLINGTON New Zealand cherry producers are flying helicopters low over their orchards to dry off raindrops and protect thousands of tonnes of their product headed to Asia to feed rapidly growing demand from Chinese New Year revelers. China has grown to become the second largest destination for New Zealand cherries after Taiwan in the past seven years. Together they take about 60 […]

Wednesday 02:20 GMT Overview Currency movements once again dominated trading in Asia as markets reacted to UK Prime Minister Theresa May’s Brexit blueprint and unexpected criticism of the dollar’s strength from US president-elect Donald Trump. Hot topic The dollar index, which measures the US currency against a basket of peers, was up 0.1 per cent at 100.470. It fell 0.8 per cent on Tuesday after comments from […]

Submitted by David Battistella  A Violent Inauguration? A Call For Peace On Inauguration Day Now that all attempts to delegitimize President Elect Trump to this point including failed recounts, the constant drum beating about popular vote victory, intimidation, bullying and desperate pleas to the Electoral college and the attempt at cold War 2.0 have failed, will inauguration day be the last stand? Now even millionaire Catholic socialist […]

SACRAMENTO San Francisco Federal Reserve Bank President John Williams on Tuesday called for gradual U.S. interest-rate hikes over the next few years to keep the economy from overheating and ultimately falling into recession. With the unemployment rate at 4.7 percent, the U.S. economy has reached full employment, Williams said, adding that inflation is on track to reach the Fed’s 2-percent goal over the next couple of years. […]

The cruise map is ever expanding and 2017 will see new ports of call make their mark. We look at some of the most unusual and alluring of them. newslide Doha and the UAE The Arabian Gulf cruising market is still relatively young compared to most established destinations such as the Caribbean and Mediterranean, but it’s quite clear that Qatar wants a piece of the action. Doha […]

By Caroline Valetkevitch | NEW YORK NEW YORK U.S. stocks fell on Tuesday as financials and other big post-election gainers lost ground. Biotech and pharma stocks declined after President-elect Donald Trump said in a Washington Post interview over the weekend that he would target companies over drug pricing and that he was ready to unveil a plan to replace Obamacare. The Nasdaq biotech index .NBI was down […]

Before she spoke on Tuesday, Theresa May was gaining a reputation for talking sterling lower by spooking investors that Britain was headed to a disorganised exit from both the EU and its common market. Her Lancaster House speech was the first occasion the pound rallied to her Brexit views since becoming prime minister; it had risen nearly 3 per cent by the end of the London trading […]

HH Sheikh Mansour Bin Zayed: “The UAE is playing an active role in driving research in science and technology to identify solutions to tackle global water security challenges. This comes in support of the ambitious innovation and energy strategies of our country” Abu Dhabi-UAE: 17 January, 2017  Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs […]

By Lanre Ola | MAIDUGURI, Nigeria MAIDUGURI, Nigeria Nigeria’s air force killed 50 people and injured 120 in an air strike on a refugee camp in the northeast on Tuesday, Medecins Sans Frontieres (MSF) said. The military said the strike had targeted Boko Haram. MSF said the strike occurred in Rann in Borno state, the epicentre of the jihadist group’s seven-year-old bid to create an Islamic caliphate. […]

As the fitness wearables market continues to climb, Lumo Bodytech, a startup making wearables focused on things like running and posture, has decided to further business revenue by licensing its platform. Lumo, valued at $41 million according to Pitchbook, now plans to open up its proprietary tech stack — including software, algorithms, applications, and hardware — to third parties hoping to cash in on the wearables market. These […]

|By Arabian Post Staff| The trend of falling real estate prices in Dubai is expected to continue throughout 2017, real estate consultancy CBRE said in an annual report. “With an expanding pipeline of new units, current deflation trends are likely to continue throughout 2017, with many new homes set to complete, Mat Green, Head of Research & Consultancy UAE, CBRE Middle East said, The residential sector experienced […]

Theresa May’s first big speech on Brexit since she became prime minister removed some of the political uncertainty that has dogged the pound. However, the messiness of the politics of Britain’s exit from the EU still tops the lost of reasons why sterling will remain under pressure. A list of the pound’s pros and cons quickly shows why it is languishing at levels last seen in the […]

Submitted by Charles Hugh-Smith via OfTwoMinds blog, The Eastern Establishment fears and loathes Outsiders, and seeks to destroy them, usually via the mainstream media. Political agnostics who are skeptical about Big Government “solutions,” left or right, view the current hullabaloo about the Trump presidency with some detachment. What’s remarkable to us is the extremism, not just of those bitter about Clinton’s loss, but by insiders who are […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil dipped on Tuesday on lingering concerns over global fuel oversupply due to rising U.S. output and doubts that OPEC and other producers would adhere to commitments to cut output in an effort to balance markets and prop up prices. Brent crude futures, the international benchmark for oil prices, were at $55.55 per barrel at 0643 GMT, down 31 cents from […]

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Just in:
Cyberport Venture & Capital Forum 2026 Grand Opening // UK air traffic outage inflicted £33m financial losses // ADIA and partners establish $1.4 billion aviation venture // Ousted top Kochi cop gets IG post // Private varsities bill all set to face the axe // OpenAI identifies 948 Linux privilege escalation flaws using AI // TVM –Mangaluru Vande Bharat claims top spot // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // APT29-linked campaign exploits outdated Apple and Android software // Utilities pursue ₹1,992 cr in unpaid bills // Emirates Group records AED 4.1 billion half-year profit // Oil and chip shares retreat after Democratic victories // Kochi police detain two actors over bid to honey trap doctor // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Vance attributes Republican midterm defeats to Iran conflict // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Meraas showcases five residential zones at Dubai Design Week // Millions Of Indians May Soon Be Deprived Of Government Assistance // SC to examine students’ exam plea today // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It //