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Govt opposes Arlekar’s PSC action // 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 // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // Middle East governments assess Iran war after US vote // Hong Kong mandates crypto transaction disclosures to tax authorities // Cyberport Venture & Capital Forum 2026 Grand Opening // OpenAI identifies 948 Linux privilege escalation flaws using AI // Meraas showcases five residential zones at Dubai Design Week // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Pinarayi faults UDF over mounting road crashes // Emirates Group records AED 4.1 billion half-year profit // Democrats capture Senate majority with seven Republican seats // UK air traffic outage inflicted £33m financial losses // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // ADIA and partners establish $1.4 billion aviation venture // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Burying Head In “India Made Poverty Reduction” Data Is Dangerous //

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newslide Exhausted Kanye West hospitalised Rapper Kanye West was reportedly hospitalised in Los Angeles on Monday and is said to be suffering from exhaustion. The news broke just hours after he abruptly cancelled the remainder of his tour following a week of no-shows, curtailed concerts and political rants. A source told People magazine West was “exhausted and currently dealing with sleep deprivation” but was “fine”. Concert promoters […]

The film had been pilloried by conservative Christians for a dream sequence in which Christ has sex with Mary Magdalene. In depicting Christ’s life as a doubt-ridden struggle between his human and divine natures, Scorsese had intended to make a film that was at once an act of doubt and an act of faith. In the novel he was reading, the priest was shown profaning an image […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices rose to their highest level since October on Tuesday as the market priced in an expected output cut led by producer cartel OPEC, but analysts warned that a failure to agree on a cut could lead to a deepening supply glut by early 2017. International Brent crude oil futures rose as high as $49.63 a barrel on Tuesday, up […]

Submitted by John Whitehead via The Rutherford Institute, “We Americans are the ultimate innocents. We are forever desperate to believe that this time the government is telling us the truth.”—Former New York Times reporter Sydney Schanberg Let’s talk about fake news stories, shall we? There’s the garden variety fake news that is not really “news” so much as it is titillating, tabloid-worthy material peddled by anyone with […]

Photo A view of Aleppo from rebel-held territory. Staffan de Mistura, the United Nations special envoy to Syria, said he feared that the eastern part of the city could be razed before Donald J. Trump is inaugurated. Credit Abdalrhman Ismail/Reuters BEIRUT, Lebanon — The United Nations special envoy to Syria offered unsolicited advice on Monday to President-elect Donald J. Trump: Pay attention to what happens between now […]

By Saikat Chatterjee | HONG KONG HONG KONG Asian stocks struck one-week highs with investors undeterred by a powerful earthquake in Japan on Tuesday, but after Wall Street closed at a record peak they were also wary of chasing prices higher until President-elect Donald Trump picks his economic team. Crude oil extended gains in Asian trading with U.S. West Texas Intermediate (WTI) up 1 percent in early […]

In Virginia, the picture is murkier. In August, after state lawmakers banned the Department of Environmental Quality, or DEQ, from implementing the Clean Power Plan, Gov. McAuliffe offered a workaround: He convened a cabinet-level commission to examine what he could do under state law to cut carbon emissions from Virginia’s power sector. The group is holding “listening sessions” and in May of next year will make recommendations. […]

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Symantec, a computer security company, has decided to buy identity-theft protection company called LifeLock for around $2.3 billion or $24 per stock. With the goal of improving its consumers’ computer security sector, Symantec has agreed to acquire LifeLock, seller of identity protection services. The board of directors for both companies has approved the deal, which was bound to close in the early part of 2017. The World’s […]

Submitted by Howard Kunstler via Kunstler.com, America didn’t get what it expected, but perhaps it got what it deserved, good and hard. Daddy’s in the house and he busted straight into the nursery and now the little ones are squalling in horror. Mommy was discovered to be a grifting old jade who ran the household into a slum and she’s been turned out to solemnly await the […]

The dollar’s post-US election surge has investors contemplating not whether they have overdone the rally but just how far the greenback can rise and how quickly it will get there. A series of currency landmarks, which not long ago investors thought too distant to worry about, have already been trampled by the dollar’s relentless march. The euro fell below $1.06, the yen weakened towards ¥111 against the […]

The United Arab Emirates could refer the United States to the World Trade Organisation over anti-dumping charges levied on steel pipes, a senior official said on Monday. The US International Trade Commission announced on Friday it was taking measures against UAE, Oman and Pakistan in relation to circular welded carbon-quality steel pipes, after a Department of Commerce investigation found them to be sold in the United States […]

Sitting at home last week, Ms. Lowe received a curious Facebook message from a German athlete against whom she competed in 2008: “Congratulations, bronze medalist,” it read. After three women who finished ahead of Ms. Lowe were disqualified for doping — Anna Chicherova and Yelena Slesarenko of Russia, and Vita Palamar of Ukraine — she moved up to third place, newly successful in a jump she took […]

When a man goes bankrupt it happens in two ways: first gradually, then suddenly. Those who look to financial markets for meaningful information about the future must accept the risk that the market may be wrong. The problem for those who place their faith in its predictive powers is that — like the bankrupt described by Ernest Hemingway — when investors discover they are wrong they too […]

Boosting spending on infrastructure and improving education could relieve some of the burden on the US central bank to support the economy, a top policymaker said on Monday amid speculation that Congress could push through a fiscal expansion after years of budgetary restraint. Stanley Fischer, vice-chairman of the Federal Reserve Board, said that the central bank did not need to be the only game in town and […]

The holidays are just around the corner, and along with it comes the time to have to think about what gifts to get for your loved ones. For our readers who are thinking about getting a gift for a friend or family member who is into video games, here are a few suggestions. Pixel Pals Lights (Photo : PDP) Let’s start off with something cute in the […]

Investors, central bankers and policymakers are once again talking about investing in infrastructure as a way to stimulate flagging economies around the world. If the zeitgeist is to be believed, 2017 will see a burst of infrastructure investment-related activity. It’s a good idea, but there is plenty of reason to suspect that little will happen. A big reason why infrastructure investment is back in vogue is that […]

The International Monetary Fund (IMF) is estimating $1 billion (OR 385 million) windfall for the Omani government from value added tax (VAT). The consumer tax, not conspicuously stated yet, will account for nearly 1.5 per cent of the gross domestic product though the amount can fluctuate depending on variables such as compliance rate and exemptions, the IMF said. VAT is expected to have a certain degree of […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices rose around 1 percent on Monday as OPEC moved closer to an output cut to rein in oversupply that has pressured prices for over two years. Brent crude futures LCOc1 were trading at $47.31 per barrel at 0743 GMT, up 65 cents, or 0.96 percent, from their last settlement. U.S. West Texas Intermediate (WTI) CLc1 was up 0.9 percent, […]

Dr. Omar, the last neurosurgeon in eastern Aleppo, who declined to provide his full name out of fear for his safety, sounded desperate when reached at the height of the bombing on Friday. Continue reading the main story “We no longer have hospitals to operate in,” he said. “You can’t imagine what it’s like living in Aleppo right now. It feels like we are living in hell. […]

Three Abu Dhabi banks denied they were in merger talks on Sunday, sending their share prices lower as investor hopes of a shake-up in the banking sector were dashed. Abu Dhabi Commercial Bank (ADCB), Union National Bank (UNB) and Abu Dhabi Islamic Bank in separate statements to the bourse each denied they were involved in merger plans. Shares in the lenders had been suspended earlier on Sunday […]

TOKYO Asian shares were on the defensive on Monday, undermined by fears that the strength in the U.S. dollar and rising U.S. bond yields since Donald Trump’s election to president could accelerate fund outflows from emerging markets. MSCI’s broadest dollar-based index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.1 percent, staying near four-month lows. In local currency terms, many markets are up slightly. Japan’s Nikkei .N225 rose […]

On October 4, 2016, Hurricane Matthew made landfall on southwestern Haiti as a category-4 storm—the strongest storm to hit the Caribbean nation in more than 50 years. Just hours after landfall, the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA’s Terra satellite acquired this natural-color image. Source link

Here are the questions being asked at FT markets as a new trading week begins after the pronounced swings in equities, bonds and currencies that followed Donald Trump’s election victory in the US. Are the dollar bulls running too fast? When currencies start motoring, forget speed limits. The dollar has accelerated markedly since election day. Pressure on emerging markets is rising, while the euro slid through $1.06 […]

Qatar could see an increase in interest rates next year as the central bank follows the US in its “gradual tightening cycle” in the coming months, according to new research. The QCB is likely to follow the US Federal Reserve in its strategy, hiking interest rates by 25 basis points (bps), or 0.25 percent, in 2017, BMI Research said. The expected increase will bring the policy rate […]

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Just in:
Hong Kong mandates crypto transaction disclosures to tax authorities // SC to examine students’ exam plea today // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // Democrats capture Senate majority with seven Republican seats // APT29-linked campaign exploits outdated Apple and Android software // Pinarayi faults UDF over mounting road crashes // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // AI trust gap reveals distinct retail priorities: Divergent paths to consumer growth in Hong Kong and the GBA // Cloudflare unveils Zero Wire vulnerability intelligence service // Vance attributes Republican midterm defeats to Iran conflict // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // ADIA and partners establish $1.4 billion aviation venture // Govt opposes Arlekar’s PSC action // OpenAI identifies 948 Linux privilege escalation flaws using AI // Dubai boat show confirms international shipyard line-up for November // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Meraas showcases five residential zones at Dubai Design Week // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It //