By Shinichi Saoshiro | TOKYO TOKYO Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent, taking cues from a modest bounce in Wall Street overnight. Japan’s Nikkei climbed more than 1 percent on the back of […]
Photo A United States officer at the entrance at Guantánamo Bay, Cuba. Attorney General Jeff Sessions said on Thursday that he would advise President Trump to send newly captured terrorism suspects to the prison. Credit John Moore/Getty Images WASHINGTON — Attorney General Jeff Sessions said on Thursday that he would advise President Trump to send newly captured terrorism suspects to the wartime prison at Guantánamo Bay, Cuba, […]
RBC is the first Canadian bank to publicly confirm it has severed ties with customers identified in the Panama Papers leak. (Randy Risling / Toronto Star) | Order this photo The Royal Bank of Canada has closed dozens of accounts linked to the Panama Papers, becoming the first Canadian bank to publicly confirm it has severed ties with customers identified in the leak. The admission came some 10 […]
Report launched in the Middle East in partnership with the Government of Dubai Media Office HE Mona Al Marri: “Report will contribute to the international dialogue at the Forum and guide government communication professionals and decision makers in finding new opportunities for optimising their strategic approach, in addition to understanding the challenges that need to be overcome in a rapidly changing environment.” WPP Leaders’ Report […]
By Mark Hosenball | WASHINGTON WASHINGTON FBI Director James Comey on Thursday met with senior congressional leaders, including the intelligence committee chiefs, FBI and congressional officials said. The officials declined to discuss the subject of Comey’s meeting with the group of leaders known as the “Gang of Eight”. U.S. President Donald Trump has alleged that the Obama administration wiretapped his election campaign. The Gang of Eight, who […]
By Madeline Chambers and Ralph Boulton | BERLIN/ISTANBUL BERLIN/ISTANBUL German Chancellor Angela Merkel told Turkey to stop invoking Berlin’s Nazi past in criticising cancellations of Turkish ministers’ rallies in Germany, and said she would do everything possible to keep Turkish domestic conflicts from spilling onto German soil. Turkish President Tayyip Erdogan, who survived an army attempt to topple him in July, is working to win the votes […]
By Jonathan Stempel | NEW YORK NEW YORK Former New Jersey Governor Jon Corzine defended his big bet on European sovereign debt that was a major factor in the collapse of his company MF Global Holdings Ltd, and said the auditor of the futures and commodities brokerage should have flagged any accounting problems. Corzine, also a former New Jersey senator and Goldman Sachs Group Inc (GS.N) co-chairman, […]
The tour to the city included a special preview on the first ever complete model of the Sustainable City to be showcased at the Future Cities Show 2017 Dubai, 9 March 2017: The UAE Minister of Infrastructure Development, His Excellency Dr. Abdullah bin Mohammed Belhaif Al Nuaimi visited ‘The Sustainable City’ – the region’s first sustainable and integrated project and the first residential project in Dubai that produces clean energy, […]
The Senate voted Monday to kill an Obama administration rule aimed at curbing labor violations among government contractors. Two years in the making, the Fair Pay and Safe Workplaces rule was targeted by Republican lawmakers 10 days after Donald Trump’s inauguration. The House voted to excise it on Feb. 2, and Trump can seal its fate with his signature. Before the Senate vote – 49-48, along party […]
The revolving door of Obama-era government lawyers headed to private practice keeps spinning, and this time it’s Travis LeBlanc, former chief of the Federal Communications Commission enforcement bureau, moving to Boies Schiller Flexner LLP. Mr. LeBlanc spent the past few years cracking down on the telecommunications industry over allegations that it over-billed consumers, deprived them of adequate customer […] (via WSJ)
Thursday 14:30 GMT Overview The euro is firmer and Bund yields are trundling higher with Treasuries after the European Central Bank stood pat on interest rates and indicated it was not looking to ease policy further. Oil prices tried to rally but have resumed their sell-off, putting energy stocks under pressure and weighing on equity benchmarks. Hot topic (1) After a period when politicians seemed to rule […]
By Ahmed Rasheed and John Davison | SULAIMANIYA/MOSUL SULAIMANIYA/MOSUL Iraqi forces aim to dislodge Islamic State militants from west Mosul within a month, despite gruelling urban combat in densely populated terrain, the head of the elite Counter Terrorism Service told Reuters on Thursday. As Iraqi forces advance deeper into west Mosul, they are facing increasingly stiff resistance from Islamic State militants using suicide car bombs and snipers […]
On Tuesday Republicans initialized the first step in rolling back the Federal Communications Commission’s internet privacy rules, with 25 U.S. senators introducing a new resolution that would cause their reversal, and even forbid the commission from passing anything similar in the future. Introduced last year, the privacy rules were an addendum to the net neutrality order, which required the FCC to handle enforcement of privacy protection form […]
A new urgency is gripping financial markets. Talk of a Federal Reserve rate increase next week is no longer the main conversation, with interest rate futures now pricing it as a near certainty. How quickly the Fed moves after March is now the hot topic. US jobs growth has been the catalyst. A survey by ADP revealed on Wednesday that 298,000 private sector jobs were created in […]
|By Matein Khalid| Janet Yellen confirmed the Wall Street consensus that the Federal Reserve will raise its overnight borrowing (Fed Funds) rate at the March FOMC. Wage growth, inflation, crude oil, asset prices, economic data momentum and Trump’s fiscal stimulus all reinforce the dual mandate logic of a rate hike. Only a really awful February non-farm payroll shock (consensus is 200,000 jobs) will avert a rate hike […]
WASHINGTON The number of illegal immigrants crossing into the United States from Mexico declined by 40 percent from January to February, Homeland Security Secretary John Kelly said on Wednesday. The downturn came after President Donald Trump took office on Jan. 20 vowing to deport many of the estimated 11 million illegal immigrants in the United States. The flow of illegal border crossings as measured by apprehensions and […]
MEXICO CITY Billionaire Carlos Slim’s America Movil said on Wednesday that the Mexican telecommunications regulator had stepped up antitrust rules against the company, including ordering it to separate out part of its fixed-line infrastructure. America Movil, controlled by the family of Slim, has been subject to tougher regulations since 2014 as part of a sweeping sector reform aimed at making the market more competitive. It said the […]
NEW YORK More than 140 Jewish community centre leaders sent a letter to U.S. Attorney General Jeff Sessions on Wednesday expressing frustration with the progress made in identifying whoever is responsible for this year’s wave of bomb threats against Jewish interests. The letter, sent by the JCC Association of North America and signed by 141 of the group’s leaders, came as two more community centres received threats […]
By Dustin Volz and Jonathan Landay | WASHINGTON WASHINGTON The disclosure this week of documents describing secret CIA hacking tools shows that intensified U.S. government efforts to prevent leaks by intelligence agency employees and contractors have largely failed, cybersecurity professionals and intelligence officials say. If the Central Intelligence Agency disclosures are confirmed to be the work of an intelligence agency contractor, as government investigators currently suspect, it […]
Highlights of the day for U.S. President Donald Trump’s administration on Wednesday: WIRETAPPING Two senior senators ask the FBI and Justice Department for any information they have on Trump’s unsubstantiated claim that predecessor Barack Obama wiretapped him during the presidential campaign. HEALTHCARE The top U.S. doctors’ organization and several hospital groups come out strongly against a Republican plan backed by Trump to overhaul America’s healthcare system as […]
By Mica Rosenberg and Dan Levine The state of Hawaii can sue over President Donald Trump’s new executive order temporarily banning the entry of refugees and travellers from six Muslim-majority countries, a federal judge ruled on Wednesday. U.S. District Court Judge Derrick Watson in Hawaii said the state could revise its initial lawsuit, which had challenged Trump’s original ban signed in January. The state is claiming the […]
By John Walcott and Andrea Shalal | WASHINGTON/BERLIN WASHINGTON/BERLIN U.S. intelligence and law enforcement officials said on Wednesday that they have been aware since the end of last year of a security breach at the CIA that led to anti-secrecy group WikiLeaks publishing agency documents on its hacking tools. The officials, who asked not to be identified, told Reuters that they believed that the documents published by […]
KUALA LUMPUR: A medical student from a university in Egypt and a hotel worker pleaded not guilty in the Sessions Court here today to 54 prostitution-related charges. Khairul Azzuar Yusuff, 28, and Mohyuddin Ahmad Fajarudin, 23, made the plea after all the charges were read out to them before judge Datin M. Kunasundary. The offences included for living on the earnings from prostitution where Khairul Azzuar, who […]
MOSUL, Iraq Iraqi forces saw off a nighttime Islamic State counter-attack near Mosul’s main government building hours after recapturing it, a military official said on Wednesday, as troops sought to push the militants further back. The Islamic State fighters had used several car bombs in the assault, Major General Ali Kadhem al-Lami of the Federal Police’s Fifth Division told a Reuters correspondent near the site. “Today we’re […]
