Authored by Gaius Publius via Down With Tyranny blog, “We don’t want a unified Korean peninsula … We [also] don’t want the North Koreans to cause more trouble than the system can absorb.” —Hillary Clinton, 2013, speech to Goldman Sachs Our policy toward North Korea is not what most people think it is. We don’t want the North Koreans to go away. In fact, we like them […]
Wednesday 03:00 BST Overview Momentum from a buoyant Wall Street carried over into Asia trading as equities rallied while bonds and oil prices continued to slide. Hot topic Stock markets across the region took their cues from Wall Street, where on Tuesday the S&P 500 neared a record closing high and the tech-focused Nasdaq closed above 6,000 for the first time. In Sydney, the S&P/ASX 200 was […]
3rd Internet of the Things Expo (ioTx) to highlight concerns in securing smart and connected cities Hyperloop Transportation Technologies to give visitors a sneak preview of high-speed, tube-based transportation system 25 April 20173rd Internet of the Things Expo (ioTx) to highlight concerns in securing smart and connected cities Hyperloop Transportation Technologies to give visitors a sneak preview of high-speed, tube-based transportation system Dubai, UAE – As […]
ANKARA Turkey will not wait at Europe’s door forever and is ready to walk away from EU accession talks if rising Islamophobia and hostility from some member states persist, President Tayyip Erdogan told Reuters in a wide-ranging interview on Tuesday. Speaking at the presidential palace less than two weeks after winning sweeping new powers in a referendum, a relaxed Erdogan said a decision by a leading European […]
86 percent of the total attacks experienced by Australia during a 12-month period originated from within the country’s borders, a report from NTT Security has found. The United States was the source of 9 percent of the total attacks, while Germany accounted for 1 percent. According to the NTT Security Global Threat Intelligence Report 2017, remote administration was the top service used in attacks against Australia, with […]
Oil traders banking on a sustained market recovery in 2017 are growing impatient. As the price of Brent crude falls towards $50 a barrel, Opec, energy analysts and some of the most powerful banks in the commodities sector are urging traders to maintain their composure. After a production cut deal between the cartel and rivals such as Russia was agreed late last year, prices began 2017 $10 […]
Archaeological finds made on an island near the capital in 1959 proved pivotal in defining and promoting the UAE’s relics and antiquities. Sheikh Zayed, the nation’s Founding Father, was one of the first to spot their importance. In the spring of 1959, the Ruler of Abu Dhabi at the time, Sheikh Shakhbut bin Sultan, made one of several visits to an island 20 kilometres from his ancestral […]
Several months ago, when it was still conventional wisdom that Trump wanted to replace Janet Yellen – at least until Trump’s famous WSJ interview in which he flipped on this and various other issues – with a hawk once her turn runs out in 2018, the financial punditry was busy coming up with potential replacement names, a practice which gradually faded away once it emerged that Trump […]
The public should be able to freely access the names of the people behind the ownership of assets and bank accounts in order to boost transparency and stop secret shell companies being used for criminal activity. This is the key contention of a host of submissions to Treasury as part of the federal government’s plans to increase transparency of the beneficial ownership of companies following the Panama Papers revelations. Play […]
25 April 2017 Dubai, UAE – Global Islamic Finance Report (GIFR) 2017, the oldest yearbook in Islamic banking and finance, was launched yesterday in Fairmont The Palm, Dubai by Mr Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre. According to GIFR 2017, the estimated figure for the global Islamic financial industry in 2016 is US$2.293 trillion after recording a growth of 7%. This, however, […]
Around 300 million tons of plastic is manufactured each year globally. Plastic is not naturally biodegradable and pollutes the environment. Environmental researchers have been persevering to find a way to dispose of the huge amounts of plastic and plastic products in an effective manner, without harming the Earth. A new study has found that a caterpillar commonly bred for fish bait can chew through polyethylene (plastic) products […]
There is no love lost between French luxury house LVMH and its smaller rival Hermès despite the financial ties between them. In 2011, then-Hermès chief executive Patrick Thomas reacted with absolute fury when he learnt that LVMH had used derivatives to build up a stake in the company. In a notoriously crude statement, he said: “If you want to seduce a beautiful woman, you don’t start by […]
Etihad Aviation Group on Monday announced the appointment of Robin Kamark as CEO, Airline Equity Partners. Kamark will be responsible for leading and developing the Group’s minority equity investment strategy, which includes stakes in airberlin, Alitalia, Jet Airways, Air Serbia, Air Seychelles, Etihad Regional and Virgin Australia, a statement said. He takes over from Bruno Matheu, who has held the role since May 2016, and is leaving […]
Tuesday 12:30 BST What you need to know ● Stock markets extend rally on French election relief● Euro adds to gains as Paris’ bond yields steady ● Havens attract sellers, pushing down gold, the yen and Bund prices● Traders eye Nasdaq 6,000 as company earnings slip into fast gear● Brent crude prices higher as base metals firm——————- Hot topic The relief over the French election, which boosted […]
By Yashaswini Swamynathan U.S. stock index futures rose on Tuesday, building on a day-earlier rally as investors assessed quarterly earnings, while awaiting a major tax plan from President Donald Trump. * Trump promised last week to make “a big tax reform and tax reduction” announcement on Wednesday. The President has directed his aides to move quickly on a plan to cut the corporate income tax rate to […]
After yesterday’s violent gap up in stocks across the globe in response to the “expected” outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks in Europe, Asia all rising while S&P futures point to a higher open. Yen, gold decline, while the euro traded as high as 1.09 this morning before fading some gains; oil is up […]
More than half of businesses in Singapore, Japan, and South Korea are among the least prepared for the upcoming European Union’s data privacy laws, with a quarter of their counterparts in Australia and the US fearing a shutdown as a result. With a year to go before the General Data Protection Regulation (GDPR) would take effect on May 25, 2018, some 56 percent of Singapore-based companies had […]
It was kind of an accident. When Lisa Tobin arrived at The New York Times nearly seven months ago, she had a broad mission: Figure out what the newspaper was supposed to sound like. “I expected that we would come in and spend several months figuring that out and then starting to finalize strategy and figure out what our first-round programming would be,” said Tobin. That’s pretty […]
Dubai Aerospace Enterprise (DAE) Ltd has announced the signing of a definitive agreement to acquire 100 percent of the AWAS group of companies, a global leader in aircraft leasing. The deal has been struck with funds managed by Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. Terms of the transaction were not disclosed. AWAS is one of the world’s leading aircraft leasing companies, with […]
Authored by Jeremiah Johnson (Nom de plume of a retired Green Beret of the United States Army Special Forces) via SHTFplan.com, Following the money is always the key and crucial element to determining the “probable cause/modus operandi” regarding to globalist actions. Although there are many who believe that President Trump is the panacea to all our problems, even they may perhaps admit that there are forces other […]
Earlier this month, a Tor node operator in Russia was arrested in a potential misunderstanding about the nature of the decentralized network. Dmitry Bogatov, a lecturer at the Moscow Finance and Law University, was taken into custody on April 6 and charged with organizing mass unrest, which was later appended with the more serious charge of incitement to terrorist activity. He remains in custody at this time. […]
New insight into how forests globally will respond to long-term climate change has been gained by recent research. The new work suggests that climate-change driven increases in rainfall in warm, wet forests are likely to cause increased plant growth. Plant-growth declines are still expected in cooler forests with increased precipitation. (via WSJ)
By Nichola Saminather | SINGAPORE SINGAPORE Asian equities advanced on Tuesday as the return of risk appetite following a centrist victory in the first round of the French presidential election lifted several regional markets to multi-year highs, while the euro retained most of its overnight gains. Safe-haven assets, including the yen and gold remained under pressure, while the Canadian dollar fell after the U.S. announced new duties […]
Saudi Arabia is about to cast off its oil-dependence, build brand-new industries and open its economy to foreign investment, according to the government. That might make it a good time to buy into a Saudi bank. And substantial stakes in two of them are up for sale. But in both cases, it’s international lenders who are seeking to get out – and there are no big-name global […]
