Financial professionals arriving at their desks on Monday morning will have no shortage of views to digest on what the shock election of Donald Trump means for global markets. Having had a few days to consider the implications, economists, market strategists and analysts have penned thousands of words for clients in recent days that attempt to set out what the future holds. As Jan Loeys and his […]
By Richard Leong and Jennifer Ablan | NEW YORK NEW YORK Donald Trump’s stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster U.S. growth and inflation lead investors to favor stocks over bonds. A two-day thumping wiped out more than $1 trillion across global bond markets worldwide, the worst rout in nearly […]
The marketing tag line that accompanies Dream Catcher’s press blurb is “raggle taggle folk”. This is a fair description, but a more fitting slogan for the band – who this week make their live debut in Abu Dhabi and Dubai – might be “big in Luxembourg”. That is the home country (population: 543,000) of the band – the long-standing solo project of veteran songwriter John Rech – […]
Fear and loathing was the overriding sentiment of fund managers and analysts contemplating the market implications of an unlikely Donald Trump presidency. Instead we have seen hope and excitement as the reality sinks in. What changed? It’s been quite the turnround. The overwhelming finance industry view before Tuesday’s election was that the stock market would tank if Mr Trump triumphed. Going by how equities quivered every time […]
By Patrick Rucker and Lisa Lambert | WASHINGTON WASHINGTON U.S. officials are striving to put finishing touches on a slew of banking rules before President Barack Obama leaves office and hands regulatory power to Donald Trump who has vowed to rewrite the existing financial rule book. President-elect Trump will take over on Jan. 20 and his fellow Republicans will have control of Congress and government agencies, allowing […]
Photo Members of the Iraqi police tried to pull a body from a mass grave discovered in Hamam al-Alil on Monday. Credit Ahmad Al-Rubaye/Agence France-Presse — Getty Images GENEVA — Islamic State militants have summarily killed scores of civilians in the Iraqi city of Mosul in recent days, sometimes using children as executioners, and have used chemical agents against Iraqi and Kurdish troops, United Nations officials said […]
Nearly 25 years after they first conquered the White House and captured the commanding heights of the Democratic party, the Clinton family crashed to earth on Wednesday, shattering the ambitions of Hillary Clinton and her clan of fiercely loyal operatives. But as they come to terms with their rout some Democrats see a glimmer of hope, and a badly needed chance to rebuild a party that can […]
Alia Khalifa Al Nabooda strikes a real balance – she’s an entrepreneur and mother-of-four, who puts in the time to be successful at both. Last year, the 32-year-old co-founded VoucherSkout, a 50 per cent discount app for services across the UAE. “We’ve had our struggles, like any start-up business. Things haven’t gone exactly to plan, but now that we’ve launched, we can see the fruits of our […]
Here are the key questions we are asking at FT Markets ahead of the first full week’s trading after the US election — with the overarching theme being the repositioning across portfolios for president-elect Donald Trump’s transition into power. Emerging markets — remission, or further pain? The prospect of a faster-growing US economy is usually good news for emerging markets. When it comes with the risk of […]
Friday 19:30 GMT. US and European stocks gave back some of their post-US election gains, the dollar continued to rally and commodity prices were in retreat as participants looked back over a truly remarkable week for global markets. A rapid flight to safety followed the shock news that Donald Trump would be the next president of the US, with S&P 500 futures and Asian stock market indices […]
Americans are heading to the polls today in droves after weathering endless campaign ads designed to influence their votes — especially in presidential battleground states such as Florida, North Carolina, Pennsylvania and Ohio. Here’s what you need to know about the advertising assault: Team Clinton aired three times more ads than Team Trump More than 500,000 broadcast and national cable TV ads have aired in the presidential […]
Democratic Governors Association spokesman Jared Leopold remained sanguine about the results. “Democrats also will likely hold all three of our incumbents: Governors Steve Bullock, Jay Inslee and Kate Brown,” he said. “Republicans initially eyed a 4-seat net gain in 2016, and it appears they will fall short.” Now, Democrats are looking ahead. Already struggling with a thin bench of political stars, Democrats said reversing their shrinking ranks […]
In most of the high-profile swing states, the story was the same. In Ohio, Team Clinton was responsible for about 75 percent of the 79,000 TV ads aired in the race since mid-June, after the primaries had ended. In North Carolina, Team Clinton was likewise responsible for about three-quarters of the 63,000 presidential race TV ads since mid-June. And in Pennsylvania, Team Clinton was responsible for nearly […]
Health careCalifornia’s ballot measure to rein in drug prices aired about 13 percent of all state ballot measure ads, the most TV ads of any state ballot measure in the nation. Drugmakers poured millions into the campaign against Proposition 61, and their efforts seem to have paid off. Though the race hadn’t been called as of midday Wednesday, the opponents had 54 percent of the votes with 99 […]
The first unbiased genetic screen for sleep defects in mice has yielded two interesting mutants, Sleepy, which sleeps excessively, and Dreamless, which lacks rapid eye movement (REM) sleep. The findings are the first step towards discovering the biochemistry that controls the switch from wakefulness to sleep, the researchers say. Although sleep is essential for life and we spend one third of our lives doing it, the function […]
newslide Shah Rukh Khan coming to Abu Dhabi to finish Raees filming Shah Rukh Khan is reportedly coming to Abu Dhabi to complete the shooting of his upcoming film Raees. According to The Indian Express, the Bollywood superstar has arranged an “undisclosed” location to finish the film, which is due for release in January. Production of the movie, which also stars Pakistani actress Mahira Khan, was affected […]
Events November 18 Emirates Kids Marathon Sign up your children for the Emirates Kids Marathon, which aims to prevent obesity by inspiring kids to get involved in physical activities for a lifetime of healthy living. The event includes races of various lengths as well as fun activities such as face-painting, competitions and more. It’s open to those between the ages of 5 and 13, and will be […]
The Apple AirPods release date may not be as close as some would hope, as analysts believe the wireless earphones may not hit the market this year after all. Apple was supposed to launch its AirPods in October, but said it needed more time to perfect the product before bringing it to market. The company did not specify just how much more time it needed to smoothen things […]
It has been a tough year for music fans. We lost David Bowie and Prince, two musical icons who unquestionably justified the use of the term “genius” in their obituaries. Now Leonard Cohen, whose death at the age of 82 was announced on Thursday, can be added to the list. As recently as last month, the Canadian artist, poet, novelist and singer-songwriter was garnering rave reviews for […]
This all began in April, when Ferguson, a McDonald’s all-American, played in the Nike Hoop Summit in Portland, Ore. After the game, he said, his mother, Rachelle Holdman, delivered some unexpected news: A representative from an Australian team wanted to meet with them over dinner. Continue reading the main story At the time, neither Ferguson nor his mother knew that Australia even had a professional league. But […]
BERLIN A U.S. government regulator has started investigating Volkswagen’s (VOWG_p.DE) Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information. The German weekly paper said a week ago that the California Air Resources Board (CARB) had this summer discovered cheating software in an automatic transmission Audi which is unrelated to […]
The US government has charged Autonomy’s former finance chief with a multimillion-dollar fraud before the UK software company’s disastrous $11bn sale to Hewlett-Packard in 2011. Federal prosecutors are seeking at least $7.7m in proceeds from Sushovan Hussain, a long-serving Autonomy executive, who they allege exaggerated its financial performance and misled investors, including HP during its due diligence process. Mr Hussain, who denies any wrongdoing, was indicted on […]
For Tom Lemming, a recruiting expert who has published Prep Football Magazine for nearly four decades, the ideal community for high school football “has got to be a town that doesn’t have a professional team, one that has a tradition for high school football, builds the kids up with youth leagues and youth programs — which towns in the South do much more than in the North.” […]
Syrian forces supported by Russian air power beat back rebel gains around the embattled city of Aleppo on Saturday, tightening the siege on opposition-held areas where civilians are grappling with critically low supplies of food and medicine. Embattled Aleppo, divided between rebel control on the east and government control on the west, has become one of the most violent battlegrounds of the five-year civil war between President […]
