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Capital controls turn Chinese dream of overseas property into a nightmare – TODAYonline

HONG KONG — Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an affordable project “near Singapore”. The Forest City project in the southern Malaysian state of Johor, the subject of the advertisement, is being developed by Country Garden, China’s third-largest home builder. Ms Zhang said she was told that a flat in Forest City, the developer’s […]

March 25

U.S. Airlifts Hundreds of Militia Fighters in Attack to Cut Off Raqqa, Syria

“The fighting is raging on as I speak and is expected to last several weeks until the dam, airfield and city are free from ISIS control,” said Col. Joseph E. Scrocca, a spokesman for the American-led command in Baghdad. Continue reading the main story As the operation unfolded, Syrian state television and local residents asserted that at least 30 Syrian civilians were killed in an airstrike that […]

March 23

ZEDRA Signs Sovos to Automate Multi-Jurisdiction AEOI Tax Reporting

21 March 2017 ZEDRA the independent global fund specialist in Trust, Corporate and Fund services can announce it has placed an order with Sovos – the tax compliance software experts – for its AEOI Reporting solution. Once implemented, the solution will help ZEDRA meet the demands of their tax, compliance and reporting obligations in line with its rapid rate of growth. More than 100 tax jurisdictions have […]

March 21

Jobs that sparkle: the UAE's experts tell us what it's like to work with gold

It’s in facials, on cappuccinos and most recently on the award-winning Burg Khalifa. But what is gold leaf like to work with when it comes to more permanent projects? We speak to a variety of artists about this tricky material. newslide Gold-leaf gilder All that glitters is gold at Emirates Palace. Most of the ceiling and many of its walls, totalling a one-kilometre surface, are covered in […]

March 20

An exhibition where artists get repetitive to explore the true meaning of reality

One of the first things a visitor to Art Dubai would have encountered was the work of Rana Begum. Whether it was the coloured Perspex panels protruding at regular intervals along the entrance corridor or the large, floating installation that was placed in the waterways of Madinat Jumeirah. This artwork consisted of eight rows of triangular-shaped, brightly coloured pieces of glass that cast constantly changing shadows upon […]

March 19

Dubai mid-market villas see price rise in February

Property price increases were witnessed in some mid-market communities in Dubai during February but the overall market showed a continued softening in values, according to a new report. Real estate consultancy ValuStrat said its February residential ValuStrat Price Index (VPI) declined marginally due to falling prices in prime locations monitored by the index. However, monthly uplifts of between 0.4-1.9 percent were recorded for villas located in Arabian […]

March 12

My Kind of Place: West Berlin

Why West Berlin? After the fall of the Berlin Wall, the city’s eastern side, formerly occupied by the communist German Democratic Republic, was ripe for renovation. The space created by the removal of the wall, and the old buildings overdue for renewal, meant everything edgy and inventive went east. The formerly cool West Berlin districts fell into something of a funk as the gaze shifted elsewhere. But […]

March 09

U.N. nuclear watchdog board backs chief Yukiya Amano for a third term

VIENNA The U.N. nuclear agency’s 35-nation Board of Governors on Wednesday backed the agency’s chief, Yukiya Amano, for a third term as director general after he ran unopposed on a platform of continuity in dealing with issues like Iran’s nuclear programme. Amano, a 69-year-old career diplomat from Japan, has headed the International Atomic Energy Agency (IAEA) since 2009, including the years leading up to Iran’s nuclear agreement […]

March 08

Six years after Fukushima nuclear disaster, residents trickle back to deserted towns

By Kiyoshi Takenaka and Teppei Kasai | NAMIE, Fukushima NAMIE, Fukushima A truck occasionally whizzes past the darkened shops with cracked walls and fallen signs that line the main street of Japan’s mostly deserted seaside town of Namie. Workers repair a damaged home nearby, and about 60 employees busily prepare for the return of former residents in the largely untouched town hall. Not far away, two wild […]

March 08

Innovative ideas open up world of travel opportunities for disabled

Once upon a time, it was seen as a significant concession to put wheelchair-accessible rooms in a hotel room and organise special assistance for getting off a plane. But things are changing – partly because authorities are introducing more disability-friendly regulations, but mainly because tourism operators have twigged that accessible travel is a lucrative market. And that has led to innovations such as these: Accessible skiing in […]

March 04

Local Edition: Here’s why journalists stay in the business

This was originally published in our weekly newsletter, Local Edition, which is a product of the Knight-Lenfest Newsroom Initiative. Subscribe here. Have you ever had a party and looked around the room at some point and thought, Wow, there are a lot of cool people here? Well, that’s how my inbox felt this week. Thanks to everyone who contributed last week by answering our first question in […]

March 01

Flour power lifts spirits as Greek village stages mock battle

By Deborah Kyvrikosaios | GALAXIDI, GREECE GALAXIDI, GREECE Greek villagers staged a street battle on Monday with bags of colored flour in an annual tradition called the Flour War. The popular event attracts visitors from across the country and overseas to the coastal fishing town of Galaxidi, about 200 km (124 miles) west of Athens. “Clean Monday” celebrations mark the end of carnival season and the beginning […]

February 28

10 of the UAE's most luxurious gyms

The UAE is coming of age in the health and fitness arena and this is particularly evident in not only the types of gyms and fitness centres that are opening, but the range of classes on offer too. No longer are fitness fans limited to the below-par gym in their apartment tower or the international chain at their nearest mall. Here’s a roundup of luxurious, unique and […]

February 27

General Says U.S. Wants to Resume Major Military Exercise With Egypt

Photo Marine Corps jets flew over the pyramids of Egypt during a military exercise in 1999. Credit Staff Sgt. Jim Varhegyi/United States Air Force CAIRO — The top commander of American military operations in the Middle East said during a visit here on Sunday that the United States wanted to resume a major military exercise with Egypt that President Barack Obama had canceled in 2013 to protest […]

February 27

Ten to follow on Pinterest

Since its launch in 2010, Pinterest has established itself as one of the most popular image and idea curation sites, with an incredible 100 million monthly active users. There are plenty of other social-media sites, but for design lovers, Pinterest is still the ultimate source of inspiration, with everything from room makeovers to colour palettes, creative projects and insider tips. Here’s a rundown of some of our […]

February 24

Tie-up with veteran politician lifts Macron's hopes in French presidential race

By Brian Love and Michel Rose | PARIS PARIS France’s presidential race took a new turn on Thursday as opinion polls began to show centrist Emmanuel Macron benefiting from an alliance with a veteran politician that could help him beat the far-right’s Marine Le Pen and win power at the age of 39. Macron, a fresh-faced ex-investment banker who has never held elected office, met his new […]

February 23

Russian space craft lifts off for international space station

ALMATY A Russian Progress cargo space craft blasted off for the International Space Station from the Baikonur cosmodrome in Kazakhstan on Wednesday, the first such mission since a failed launch in December. The space craft, carried by the same Soyuz booster rocket as used for manned launches, took off at 11:58 (0558 GMT) with the launch broadcast live by NASA TV. It is due to dock with […]

February 22

What should the Han Solo movie be called? Here are the best options.

This much we can tell you for sure: the still-untitled Han Solo spin-off movie will not be called “Red Cup.” That’s the working title, a nod to the fact that George Lucas named Solo’s character for the plastic drinks brand. (True story.) But what about the actual title for the standalone film, which as of Tuesday is scheduled for May 25, 2018? Thus far Lucasfilm has it […]

February 22

Ski resort razed by the Taliban lifts Pakistan's domestic tourism

By Drazen Jorgic | MALAM JABBA, Pakistan MALAM JABBA, Pakistan Atop the piste of Malam Jabba in Pakistan’s once dangerous Swat Valley skiers schuss downhill, a new Chinese-built chairlift ferries tourists to the peak, and a luxury hotel is under construction to replace one torched by the Taliban. The Taliban declared skiing “un-Islamic” during their 2007-2009 reign of terror over Swat, but improved security in recent years […]

February 21

Liftoff of SpaceX Falcon 9 and Dragon From Launch Complex 39A

A SpaceX Falcon 9 rocket lifts off from Launch Complex 39A at NASA’s Kennedy Space Center in Florida. This is the company’s 10th commercial resupply services mission to the International Space Station. Liftoff was at 9:39 a.m. EST from the historic launch site now operated by SpaceX under a property agreement with NASA. Source link

February 20

My Kind of Place: Zermatt, Switzerland

Why Zermatt? You have to have a heart of stone to look at the Matterhorn and not be bewitched by its jagged beauty. It’s not Switzerland’s highest mountain, but it’s certainly the most compelling. It was the notorious 1865 ascent of the Matterhorn that changed the fortunes of Zermatt, which had been a simple farming village at the time. The combination of extraordinary natural beauty, excellent skiing, […]

February 16

Sharjah elderly care home hopes to draw young volunteers to engage with residents

SHARJAH // A senior citizens home is calling on people of all ages to volunteer to help integrate their elderly clientele into the community. The director of Sharjah Senior Citizens Home, Mariam Al Qatari, said 40 elderly men and women live at the home run by Sharjah social services department and that the majority of them have no families or ties to the community. While the home […]

February 04

U.N. lifts sanctions on notorious Afghan warlord

KABUL The United Nations Security Council on Friday dropped sanctions against Afghan strongman Gulbuddin Hekmatyar, potentially paving the way for the notorious warlord to return openly to Afghanistan. The Afghan government requested the move as part of a peace deal with Hekmatyar and his militant group, Hezb-i-Islami, in September. The deal was criticised by some Afghans and human rights groups for the pardon it granted to Hekmatyar […]