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Hong Kong mandates crypto transaction disclosures to tax authorities // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Pinarayi faults UDF over mounting road crashes // Cloudflare unveils Zero Wire vulnerability intelligence service // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // ADIA and partners establish $1.4 billion aviation venture // Oil and chip shares retreat after Democratic victories // Govt opposes Arlekar’s PSC action // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Dubai boat show confirms international shipyard line-up for November // Vance attributes Republican midterm defeats to Iran conflict // OpenAI identifies 948 Linux privilege escalation flaws using AI // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Middle East governments assess Iran war after US vote // Anthropic to prohibit persistent abuse of Claude chatbot // Emirates Group records AED 4.1 billion half-year profit // UK air traffic outage inflicted £33m financial losses //

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TOKYO Asian shares slipped to four-week lows on Monday as the prospect of higher U.S. interest rates and a strong dollar stemming from the incoming Trump Administration’s purported policies of cutting taxes and spending heavily threatened to suck capital out of emerging markets. European shares are seen having better luck, following recent gains in shares of banks, resource companies and some automakers. Spread-betters see a rise of […]

Soaring price growth in China’s top cities has slowed almost to a standstill, as government measures to cool the overheated property market take hold. Price growth of newly built homes in China’s “first tier” cities of Beijing, Shenzhen, Shanghai and Guangzhou slowed to 0.1 per cent in November compared with the previous month, the National Statistics Bureau said on Monday — well below month-on-month growth of 3-4 […]

US hop farmers have celebrated record revenues from their crops in 2016 as they planted more acres despite signs that the craft beer boom, which has boosted demand for the key brewing ingredient, may be peaking.  The value for the year’s hop crop soared 44 per cent this year from 2015, totalling just short of $500m, according to the US Department of Agriculture. “Higher hop acreage and […]

Monday 02:20 GMT Overview Stocks across Asia were weaker, retreating in line with Wall Street’s slight pullback on Friday from last week’s record highs, and as the US dollar softened. What to watch Investors are turning their attention to the Bank of Japan’s policy decision on Tuesday, in the wake of the Federal Reserve’s interest rate rise last week. While the dollar’s strength over recent weeks seems […]

Ireland has laid out the grounds for its appeal against the European Commission’s demand that it claw back €13bn of state aid from Apple, accusing Brussels of interfering with national sovereignty. The Irish finance ministry said the EU’s executive arm had misunderstood both Irish law and the relevant facts of the case, and also that the commission had exceeded its powers. “Ireland does not do deals with […]

Senior American officials and top commanders in the Middle East say the brutal urban fight for Mosul is succeeding — however slowly — but is proving to be tougher than expected. These officials predict that the battle to oust the Islamic State from Iraq’s second-largest city could last two to four more months. Continue reading the main story Brett H. McGurk, President Obama’s envoy to the international […]

Image: Sarah Tew/CNET Every week, we sound off on the most important technology trends in our Monday Morning Opener. Looking back on 2016, we’ve identified the five tectonic plate shifts that have made the biggest impact on the industry and our readers who use these tools to drive the progress of the planet. So, without further ado, here are the five big tech trends of 2016 according […]

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The Middle East mobile phone market suffered its third consecutive quarter-on-quarter decline between July and September, according to the latest figures announced by IDC. Shipments in the region totalled 23.8 million units, down 0.7 percent on the 23.9 million units shipped in Q2 and 19.4 percent on the corresponding period last year. IDC said that given that the quarter-on-quarter decline in Q2 was much steeper at 8.5 […]

BENGHAZI, Libya At least seven people were killed and eight wounded when a suicide bomber targeted forces loyal to Libya’s eastern government in Benghazi on Sunday, medical and security officials said. Islamic State said it carried out the bombing, in the besieged district of Ganfouda. The area is one of the last pockets of resistance holding out against the Libyan National Army (LNA), a self-styled force loyal […]

David Cameron began 2016 in 10 Downing Street and ended it at DePauw University in a small Indiana town, speaking for a reported £120,000 an hour. The former British prime minister is now paid almost as much for a 60-minute speech as he used to earn in a year, as he tries to make sense of his own historic failure: Brexit. Whatever he says now, Mr Cameron’s […]

While an overseas buying spree by Chinese companies has grabbed headlines, more mundane activity such as trade finance and corporate cash management are a much bigger strain on China’s foreign exchange reserves, analysis of official data shows. The dominance of bank lending and portfolio investment as a source of Chinese capital outflows casts doubt on whether Beijing’s recent clampdown on big-ticket foreign deals by the likes of Dalian […]

Wall Street is bathing in nostalgia. This week the cover of Barron’s, the bible of US retail investors, proclaimed “Dow 20,000”. Presenters on CNBC are wearing Dow 10,000 caps first donned in 1999. And each day the thinning crowds on the floor of the New York Stock Exchange have watched the boards to see if the Dow Jones Industrial Average, having passed 19,900, can top the 20,000 […]

A series of big events shaped financial markets in 2016. Here is a selection of FT analyses and commentary, alongside charts, highlighting a tumultuous year. The new year rout January proved brutal for investors. After just 10 trading days, global equity markets had lost more than $4tn of value, with sentiment hammered by fears about China’s economic slowdown and a depreciating currency. In turn, bond markets were […]

By Stanley White and Izumi Nakagawa | TOKYO TOKYO Japanese workers put up with long hours and unpaid overtime under pressure from cost-saving companies, and figures from government, which wants more money in workers’ pockets to boost consumer spending, appear to underestimate the problem. Prime Minister Shinzo Abe is trying to enact labor reforms as part of his “Abenomics” plan to end decades of stagnant growth and […]

A new concept in energy harvesting could capture energy that is currently mostly wasted due to its characteristic low frequency and use it to power next-generation electronic devices. In a project funded by electronics giant Samsung, a team of Penn State materials scientists and electrical engineers has designed a mechanical energy transducer based on flexible organic ionic diodes that points toward a new direction in scalable energy […]

US planemaker Boeing is working to resolve certain issues with IranAir to finalise a $16.6 billion aircraft deal, and the manufacturer plans to commence the the first delivery in 2018, a senior company official told Arabian Business. The deal for 80 Boeing passenger jets, announced on Sunday, includes 50 narrow-body 737 MAX aircraft and 30 long-haul 777s, split equally between the 777-300ER, and the 406-seat 777-9, which […]

By David Stanway | PINGDINGSHAN, China PINGDINGSHAN, China China has ordered state firms to smash the decades-old system of providing cradle-to-grave welfare support, known as the country’s “iron rice bowl”. But the order, part of a plan to reduce financial pressure on bloated and heavily indebted state-owned enterprises (SOEs), is likely to be easier said than done as cities navigate the social and financial wrenches the changes […]

Monte dei Paschi di Siena has gained stock market approval to extend a voluntary debt-for-equity swap to retail investors, a key part of the Italian bank’s attempt to raise €5bn in fresh capital before Christmas and stave off a state rescue. The last-gasp attempt by the world’s oldest surviving lender comes as regulators and the bank have revealed that long running crisis at MPS is taking a […]

Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]

It was a clear and chilly afternoon in Moscow – March 18, 2014 – when Russian President Vladimir Putin signed the documents to formally annex the Crimean Peninsula away from Ukraine. Frustrated Western governments soon began rolling out the only response they could agree on to Mr. Putin’s brazen redrawing of Europe’s borders: economic sanctions. Over the next two days, the United States would designate 27 individuals […]

When word came that a shaky evacuation deal had been reached, the remaining residents in the last patch of rebel-held Aleppo got moving. Doctors readied their patients, mothers packed their children’s bags and young men burnt their motorbikes to spite regime forces who might have wanted to take them. Relief mixed with heartbreak for residents who have lived in a world more nightmare than reality. Over a […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Bob Dylan just won the Nobel Prize for Literature, enough said. “Poet laureate of the rock era.” But media critic, too? Patti Smith gained deserved attention for a notable performance of “A Hard Rain’s A-Gonna Fall” at the Nobel ceremony […]

In this photo taken Tuesday, Dec. 13, 2016, an Uber driverless car heads out for a test drive in San Francisco. Uber is bringing a small number of self-driving cars to its ride-hailing service in San Francisco – a move likely to both excite the city’s tech-savvy population and spark a conflict with California regulators. The Wednesday, Dec. 14, launch in Uber’s hometown expands a public pilot […]

Re: Investigation fallout felt around the world, Dec. 11 Investigation fallout felt around the world, Dec. 11 Kudos to the Star for their continuing coverage of “The Panama Papers “ investigation. With every new revelation, it never fails to amaze me, the extent of devious manipulations employed by obscenely wealthy individuals to avoid contributing their fair share of taxes. There is a growing resentment among the rest […]

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Just in:
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 // Oil and chip shares retreat after Democratic victories // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Pinarayi faults UDF over mounting road crashes // Anthropic to prohibit persistent abuse of Claude chatbot // Hong Kong mandates crypto transaction disclosures to tax authorities // ADIA and partners establish $1.4 billion aviation venture // U.S. Mid Term Result Is A Clear Verdict Against Trump’s Authoritarianism // Dubai boat show confirms international shipyard line-up for November // SC to examine students’ exam plea today // Utilities pursue ₹1,992 cr in unpaid bills // Middle East governments assess Iran war after US vote // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Cloudflare unveils Zero Wire vulnerability intelligence service // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Emirates Group records AED 4.1 billion half-year profit // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management //