The Bank of Japan published detailed schedules of planned asset purchases for the first time on Tuesday as it seeks to prove its commitment to a zero per cent cap on 10-year government bond yields. Japan’s central bank said it will buy a minimum of ¥1.375tn and a maximum of ¥2.175tn of government bonds during March, giving a series of dates and estimated sizes for its planned […]
By Christian Shepherd | BEIJING BEIJING Chinese state media said on Thursday that a prominent Chinese rights activist had made up “fake news” of torture to grab international headlines, but his defenders said the accusations were a coordinated attempt to smear his name. State media said disbarred lawyer Jiang Tianyong, 46, was behind news reports of police torturing another detained rights activist, Xie Yang, and that Jiang […]
/By Arabian Post Staff/ The success of DIFC and DMCC has inspired a US-based group to recreate the model in the western hemisphere. The C-MCC Development Group LLC, a US-based development group, announced that it will establish the C-MCC Worldwide Free Trade Zone on Curacao island, patterned after the successful Dubai Multi Commodities Centre (DMCC) and the Dubai International Financial Centre (DIFC) located in the United Arab […]
Spotify appears to be testing a new subscription tier that offers Hi-Fi lossless CD-quality audio playback for an added price on top of the regular monthly subscription fee. Spotify Is Testing A New Lossless Audio Streaming Plan A tweet on Wednesday showcased the Spotify page showing the potential option, called “Spotify Hi-Fi,” which apart from streaming high-quality audio also includes limited edition vinyl discounts, with a free vinyl […]
In 2011, the Kabul foreign press corps numbered 85, by the reckoning of Dominic Medley, who has worked here for many years as a press officer for NATO, the American military and the United Nations. The American military was surging, reaching more than 100,000 troops by 2012. The press surged as well, with regular visitors in addition to the resident press corps, plus dozens of reporters going […]
Facts-don’t-matter headline writers take note: According to new research, fact-checking may be an effective medicine against misinformation. However, it doesn’t seem likely to move people at the ballot box. A study published today by Royal Society Open Science concentrated specifically on statements — both factual and inaccurate — made by Donald Trump during the Republican primary campaign. The study’s most helpful contribution to the discussion over the […]
ABU DHABI // A glitch in the municipality’s property registration system has stopped hundreds of people from moving into new homes. Long queues have formed all day at the Tawtheeq offices for more than a week, with many people having to return the next day, and some for days after. The Tawtheeq network, which registers all properties and rental contracts, has been delayed for more than a […]
Curled up by the fireplace in a fashionable London hotel, Jared Leto speaks slowly and thoughtfully. “I think that Alessandro does something very special,” he says of Gucci’s creative director, Alessandro Michele. “He puts so much love, care and joy into his work that when you wear Gucci, you’re not just wearing something that’s beautiful or pretty, you’re actually – you’re feeling the same thing that he […]
Its account of the convoy attack went much further than findings of a United Nations inquiry set up by then-Secretary General Ban Ki-moon, which concluded in December that the convoy had been bombed from the air but did not identify the attackers. Continue reading the main story The 31-truck convoy organized by the United Nations and the Syrian Arab Red Crescent had been carrying food, medicine, children’s […]
PARIS French artist Abraham Poincheval was freed from a block of stone in a Paris museum on Wednesday after spending seven days enclosed in it. He entombed himself in a body-shaped slot carved in a limestone boulder on Feb 22 at Paris’ Palais de Tokyo contemporary art museum. Poincheval, 44, ate stewed fruit and purees while breathing through an air vent. He had some personal items such […]
The next big Windows 10 release includes welcome changes to Windows Update. [Updated March 1, 2017] The single most common complaint I’ve heard about Windows 10 is its lack of control over update timing. That’s annoying enough for monthly security updates, which typically take just a few minutes to install. But when a feature update (the new name for major version upgrades that now arrive twice a […]
BERLIN // Netflix has previewed the first trailer for a long-awaited war film partially shot in the UAE. The film, War Machine, features Brad Pitt, Ben Kingsley and Will Poulter among its all-star cast. It was shown during its See What’s Next press preview event in Berlin. The online streaming service also revealed that the US$60 million production will be released on the platform worldwide on May […]
In investment as in life, what goes unsaid is often more important than what is said. Long-term watchers of the Federal Reserve know to look at every last word of every statement from a Fed governor — which is why a succession of Fed speeches and interviews on Monday and Tuesday were taken as doubling the chances that the central bank raises US interest rates at its […]
The high profile event will showcase a wide range of real estate opportunities with Al Bandary Real Estate and Ezdan Real Estate amongst the top local companies exhibiting Doha, Qatar: March 01, 2017 Cityscape Qatar 2017, the largest real estate development and investment exhibition in the State of Qatar, welcomes this year a large number of leading local and international exhibitors to participate in its sixth edition, […]
The galaxy needs saving again. Good thing the Guardians are back. Again. Marvel Studios has released the latest trailer for the much-anticipated movie Guardians of the Galaxy Vol. 2. True to its form, the trailer featured action scenes of galactic proportions. There are giant tentacle monsters, swarm of spaceships, a golden villainess, a new cast of misfits (Mantis, Nebula), and lots of explosions. And oh, Star-Lord’s dad. Guardians […]
The US dollar and global bond yields rose on Wednesday as investors focused on expectations that the Federal Reserve wants to raise interest rates this month, in the absence of specific policy details from Donald Trump’s first speech to Congress. The dollar index — a measure of the reserve currency against its main peers — rose 0.5 per cent to its highest level in more than a […]
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 […]
By Sijia Jiang | HONG KONG HONG KONG Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, is “definitely bidding” for the chip business of Japan’s Toshiba Corp (6502.T) and is “very confident” it can buy into it, company founder Terry Gou said on Wednesday. Gou was speaking as Foxconn, formally known as Hon Hai Precision Industry Co Ltd, broke ground for a 61 billion yuan ($8.87 […]
As if Uber’s woes couldn’t get any more taxing than it currently is. The company is dealing with extremely controversial sexual harassment allegations, being sued by Google over allegedly stolen designs, and now it has to deal with another controversy altogether, this time of its CEO, Travis Kalanick, arguing — with harsh words, no less — with an Uber driver in a video caught by the car’s dashcam. Travis […]
DUBAI // Sophie Shams, 17, is one of the few Emiratis playing touch rugby. The Dubai College schoolgirl, who plays for a team outside of school, serves as an inspiration not just for UAE nationals but for girls of all nationalities. “Touch is one of the few sports that mixes talent from both sexes, forcing everyone on the pitch to constantly push themselves to higher limits,” she […]
Australia’s corporate world has been warned that executives must disclose workplace romances or risk censure and financial penalties, following a decision by QBE Insurance to slash the pay of its chief executive over an affair. This week the insurer’s board cut A$550,000 (US$420,000) from the short-term bonus awarded to John Neal because he failed to notify them in a timely manner of a relationship he was having […]
Wednesday 09:30 GMT Overview The dollar and government bond yields are jumping, and gold is falling, as hawkish comments from Federal Reserve officials cause traders to drastically shorten the odds of an increase in US interest rates this month. Meanwhile, US equity index futures point to another record on Wall Street, tracking gains in Europe and Asia, after Donald Trump addressed Congress for the first time, with […]
Shortly after breaking the Panama Papers, an international exclusive that shed light on illegal offshore banking around the globe, the International Consortium of Investigative Journalists should have been riding high. Instead, the scrappy cross-border investigative team was facing the dreary prospect of laying staffers off due to a financial squeeze at its parent organization, the Center for Public Integrity. “I did feel a little deflated,” said Gerard […]
Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock market closes on Wednesday in the most eagerly awaited technology IPO since Chinese e-commerce giant Alibaba went public in 2014. The pricing will be the first test of investor appetite for a social-media app beloved by teenagers and 20-somethings but which has yet to turn a profit. The company’s […]
