A protest rally in Malaysia against the government of Najib Razak — who is fighting allegations of grand corruption linked to a troubled state investment fund — brought thousands onto the streets of Kuala Lumpur but also spurred a widening official crackdown. Although Saturday’s rally passed off peacefully, 15 activists and opposition politicians have been arrested on charges which human rights campaigners described as “manufactured”. The charges […]
By Tetsushi Kajimoto and Cynthia Kim | TOKYO/SEOUL TOKYO/SEOUL Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury’s monitoring list, along with Germany and Switzerland, having met […]
|By Arabian Post Staff| Dubai residential prices further slipped by 2.6 percent during the third quarter, taking the average residential values down 7.4% during the past twelve months, reports real estate consultants Cluttons. The rate of decline is, however, expected to slow heading into 2017 before reaching a new base towards the end of next year, it forecasts. Cluttons’ Dubai Winter 2016/2017 Property Market Outlook report highlights that values slipped […]
In late October, when it was still conventional wisdom that Hillary was “guaranteed” to win the presidency, the WaPo explained that among the neo-con, foreign policy “elites” of the Pentagon, a feeling of calm content had spread: after all, it was just a matter of time before the “pacifist” Obama was out, replaced by the more hawkish Hillary. As the WaPo reported, “there is one corner of […]
|By Arabian Post Staff| Donald Trump may not go the full course on his threat to stop imports of crude oil from Saudi Arabia, which he had threatened during the election campaign, analysts say. “We protect countries, and take tremendous monetary hits protecting countries,” Trump said in an interview cited by Reuters. “We lose, monetarily, everywhere. And yet, without us, Saudi Arabia wouldn’t exist for very long.” Trump […]
By Samuel Shen and John Ruwitch | SHANGHAI SHANGHAI Scores of Hong Kong-listed companies – many small – are on a roadshow blitz in China to whet the appetite of mainland investors ahead of the launch of a cross-border investment link between Shenzhen and Hong Kong. Mainland investors are enthusiastic, viewing the cross-border channel as a way to buy relatively cheap growth companies and hedge against a […]
After everyone from Jesse Jackson, to the terrified mainstream media to prominent Congressional Democrats have called upon Obama to issue a blanket pardon for Hillary Clinton, he finally admitted that it’s not possible to pardon someone who hasn’t yet stood trial for a crime. And while Obama was referencing a potential pardon of Edward Snowden with his comments, one could assume that the law should be applied […]
It may not get the international acclaim of Dubai or the media attention of Doha, but Ras Al Khaimah (RAK) is quietly making its mark. Famed largely for bringing the world RAK Ceramics, the northern UAE emirate is forging a serious reputation on the global business stage. Be it in tourism, free zones, property or infrastructure, everywhere you look in RAK, something new is springing up. And […]
November 19, 2016 by: Neil Hume and Tom Burgis The former Lazard banker who helped Rio Tinto secure rights to a giant iron ore deposit in Guinea was also working as an informal adviser to the country’s president and had access to “highly confidential” information. The disclosure raises the question of whether the Anglo-American mining company broke anti-corruption laws when it paid François Polge de Combret $10.5m […]
Iuna Al Hashemi remains remarkably calm as she discusses the “very challenging” business year for Bahrain’s national telco, Batelco. Once a monopoly, Batelco is now facing a crowded market, with strong competition from Kuwait’s Zain and Saudi Telecom Company-owned VIVA, as well as about ten internet providers for 1.4 million residents. Current economic conditions are making it increasingly difficult to keep up margins. Batelco Group, the […]
Call of Duty: Infinite Warfare Activision PlayStation 4, Xbox One, PC Three stars Sticking with tradition despite a planet-hopping sci-fi setting, the latest Call of Duty is a rather conservative addition to the annual first-person shooter franchise, offering safe, market-tested upgrades, including a wisecracking robot, spaceship dogfights, ray guns – and a scarred Kit Harington. While Call of Duty: Infinite Warfare includes moments of gaming grandeur, it […]
19 November 2016 MARRAKECH, Morocco (19 November, 2016) – In response to the close of COP22, Manuel Pulgar-Vidal, leader of WWF International’s Climate & Energy Practice, issued the following statement: “The UN climate talks continue to be filled with twists and turns, but they have delivered what they needed to this week – putting substance behind the promise of the Paris Agreement so it can be fully […]
The pace of global debt sales this year is running at a record level, surpassing $6tn this week, as companies from Pfizer to MasterCard rush to lock in borrowing costs on fears that a Donald Trump stimulus package will send interest rates even higher. A flurry of new sales this week caps a tumultuous period for bond investors, who are counting more than $1.5tn of losses, as […]
Facebook unveiled a share buyback scheme on Friday, saying it would repurchase up to $6bn of its stock as its investors brace themselves for slower growth next year. In a regulatory filing, Facebook said that the board had approved the buyback on Friday. It will begin in the first quarter of 2017 but the scheme has no set expiration, leaving Facebook the flexibility to be opportunistic if […]
Greencore, Britain’s biggest sandwich maker, has been planning to “deepen its leadership of food-to-go”. As Lucy Kellaway has pointed out, sandwiches don’t need leadership (they need fillings) but this week Greencore deepened its leadership by paying $747m for Peacock, a US sarnie supplier. The deal went down like a fresh BLT and the shares rose at the sight of food-to-go leadership in action. Despite the grisly record […]
For the South Koreans who are binge-viewing all six seasons of Game of Thrones on HBO Asia, the rise, and now anticipated fall, of their 11th president will be familiar territory. There are obvious parallels between South Korea’s fragile co-existence with its unpredictable neighbour and the geopolitics of George RR Martin’s fantasy world, in which the dark forces in the north are held at bay by a […]
Adam Ondra, a 23-year-old from the Czech Republic considered by some to be the world’s best climber, thought he might cruise up the Dawn Wall of El Capitan. Following the free-climbing route that Tommy Caldwell and Kevin Jorgeson blazed over 19 days nearly two years ago, having received advice and support from both men, Ondra hoped to complete the nearly 3,000-foot ascent in five or six days. […]
BEIRUT: Doctors and nurses at a pediatric hospital in eastern Aleppo scrambled Friday to evacuate babies in incubators from underground shelters to safety after the facility in the besieged Syrian city was bombed for the second time this week. Medics and aid workers also reported a suspected attack involving toxic gas in a district on the western edge of the province. At least 12 people, including children, […]
China has weakened the renminbi’s trading band for a record 11th straight day, taking its currency to an eight-year low as expectations of US interest rate rises buoyed the dollar against the region’s currencies. This puts the renminbi within a hair’s breadth of suffering a 10 per cent decline versus the dollar since the People’s Bank of China caught markets by surprise with its one-off devaluation in […]
Donald Trump has begun putting together his transition team and naming the cabinet members who will come to power in Washington after the inauguration on January 20. Follow the FT’s guide to the main players he has already picked — and the positions yet to be filled — here. Trump’s choices: MIKE PENCE Vice-president © AFP Mike Pence, the Indiana governor and former congressman, was picked as Donald […]
ABU DHABI // The UAE on Friday reaffirmed its commitment to the global battle against climate change. Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, told the Cop22 summit in Morocco of the country’s belief in the importance of turning the Paris Agreement into a reality. “Turning the Paris Climate Agreement into real initiatives requires enormous efforts and collaboration at the local, regional […]
Friday 17:00 GMT. Wall Street slipped as the dollar climbed to a new 13-year high and US government bond yields hit multi-month peaks on Friday on expectations that president-elect Donald Trump’s policies will boost the economy and deliver tighter monetary policy. After a mixed Asia-Pacific session, which included Japanese equities entering a bull market, the pan-European Stoxx 600 slide 0.3 per cent. Investors have been eyeing the […]
A number of children suffer from a quite odd syndrome, which consists of the impossibility to get their hair combed. The German term for this phenomenon is “Struwwelpeter syndrome,” which translates to “uncombable hair syndrome.” A new research conducted by scientists from the Universities of Bonn and Toulouse have spotted the gene mutations that are responsible for this condition. As part of the study, representatives of the […]
Respawn Unsure if There Will Be a Titanfall 3 – IGN News (Video Shooter) | Video Games, Wikis, Cheats, Walkthroughs, Reviews, News & Videos – IGN Middle East Respawn Unsure if There Will Be a Titanfall 3 – IGN News HOME NCIS ncis-season-11 Shooter Source link
