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/Klaus Wille/Bloomberg/Singapore-based hedge funds outperformed Asian rivals during the first seven months of the year thanks to a greater focus on India and global markets, according to data provider Eurekahedge Pte. Funds headquartered in Singapore returned 2 percent through July, while Hong Kong-based funds declined an average 2.3 percent, Eurekahedge said in a report Tuesday. Funds based in Australia rose 1.9 percent, while Japan-based funds declined 2.5 […]

By ERIC SCHMITT, MICHAEL R. GORDON and SOMINI SENGUPTA September 20, 2016 Russia was probably responsible for the deadly bombing of a United Nations humanitarian aid convoy in Syria, American officials said Tuesday, further shredding what remained of a severely weakened agreement between the United States and Russia aimed at halting the war. Aghast at the attack on Monday night, United Nations officials on Tuesday suspended all aid convoys in Syria, describing the […]

Feeding babies egg and peanut may reduce their risk of developing an allergy to the foods, finds a new study. In the research, which is the largest analysis of evidence on the effect of feeding allergenic foods to babies, scientists from Imperial College London analysed data from 146 studies. In total the studies involved more than 200,000 children. The results suggest feeding children egg between the ages […]

Research led by Johns Hopkins University astrophysicists using information from a NASA space telescope breaks new ground in ways to observe a star swallowed by a black hole, promising to help paint a clearer picture of this cosmic phenomenon. The results, published online in the Astrophysical Journal, are based on two methods that are new in the study of this sort of star destruction: the first infrared […]

An international research team discovered a human skeleton during its ongoing excavation of the famous Antikythera Shipwreck (circa 65 B.C.). The shipwreck, which holds the remains of a Greek trading or cargo ship, is located off the Greek island of Antikythera in the Aegean Sea. The first skeleton recovered from the wreck site during the era of DNA analysis, this find could provide insight into the lives […]

Pigeons can learn to distinguish real words from non-words by visually processing their letter combinations, surprising new research from the University of Otago in New Zealand and Ruhr University in Germany shows. The researchers found that pigeons’ performance was on a par with that previously reported in baboons for this type of complex task. Their study, which is published in the journal Proceedings of the National Academy […]

|By Arabian Post Staff| Patent grants from the GCC in chemistry have seen a five-fold increase in the last decade, according to the World Intellectual Property Organization (WIPO). Producing up to USD102.6 billion worth of products a year, petrochemical industry is a main generator of patents from Gulf region along IT and electronics. “The petrochemical industry in the Gulf is of global standards where there is an […]

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|By Arabian Post Staff| Switching from conventional ‘Western’ financial practices to Islamic banking gives distinct advantages to banks, with the change improving the liquidity and value of stocks, a study of the merger between a Bahrian Islamic bank and a conventional bank revealed. Researchers at the Universities of Birmingham and Brighton studied a merger that took place in Bahrain, between an Islamic bank and a conventional bank […]

|By Arabian Post Staff| Abu Dhabi’s Masdar City without light switches or water taps has much to teach people around the world about saving energy and precious resources. With its low-rise and energy efficient buildings, smart metering, excellent public transport and extensive use of renewable energy, the 2,000 citizens of Masdar City are living in a place which is a ‘green’ example to city planners around the […]

|Arabian Post Research|The Middle East geopolitics is set to enter a new flashpoint over the US legislation that will ultimately allow families of the victims of 9/11 to sue Saudi Arabian for responsibility for the terrorist attack. Both the US House of Representatives and Senate have passed a bill to this effect unopposed, but   President Barack Obama is expected to veto the legislation, although Congress could override […]

|By Matein Khalid|I had written a column two weeks ago outlining my view that US equities faced a dangerous autumn and the S&P 500 index was set for a fall of 150 points. However, even I did not expect the S&P500 index to fall 52 points on Friday (the Dow dropped 394 points and NASDAQ 133 points), its worst performance since the Brexit shock. It was even […]

/By MAYA KOSOFF/Vanity Fair/Apple, which reportedly spends more than a billion dollars a year to outsource its cloud infrastructure to Amazon, Google, and Microsoft, is working on a secret project to ditch its competitors. The internal initiative, code-named “McQueen”— yes, like that Steve McQueen—is Apple’s attempt to break its reliance on other cloud providers by creating its own platform,Re/code reports. Sources said Apple could break even on […]

  By Se Young Lee and Jeffrey Dastin | SEOUL/NEW YORK   SEOUL/NEW YORK A U.S. government safety agency on Friday urged all consumers to stop using Samsung Galaxy Note 7 phones, which are prone to catch fire, and top airlines globally banned their use during flights.   Following reports that the phones’ batteries have combusted during charging and normal use, the U.S. Consumer Product Safety Commission […]

|By Steve Austin| At first sight it appears that low oil prices are good for society. A low oil price helps us save dollars at the pump, acts as an economic catalyst making exchanges cheaper and thereby stimulating the economy. However, there are downsides as well, often out-of-sight-out-of-mind and we will address these today. Change in economic model For the first time we have entered an era […]

|By Arabian Post Staff| There is a growing digital divide between those wealth managers who offer engaging and client-friendly websites that are continually updated and improved, and those who are lacking in a number of key areas. The quality of the websites of the latter group is, at best, stagnating, and mobile websites in particular remain a weakness. These are the key findings of the new report […]

|By Arabian Post Staff|Nearly half of the travellers believe losing money is one of the top-three threats they may face abroad, and credit card compromise is considered to be a top-three threat by 35% of users, according to research by Kaspersky Lab. The research also highlighted that there is a real danger when it comes to losing money when traveling: 22% of respondents have experienced such a […]

Apple announced its newest iPhones, the 7 and 7 plus, which are water and dust resistant. Analysts say the new iPhones could help Apple recover modestly from a recent dip in sales. But with few expected dramatic changes from previous models, Apple watchers aren’t expecting the kind of big spikes in consumer demand that the company saw two years ago, when it introduced larger screens. Apple sold […]

SAUDI ARABIA.  Saudi Arabia’s non-oil private sector continued on its upward trajectory in August, with business conditions improving to the greatest extent in a year. Output and new business remained the key growth drivers – both rose sharply and more quickly than in July. Employment and input stocks also increased, with a number of companies looking to expand capacity in line with rising workloads. Meanwhile, price pressures […]

By Adam Jourdan and Paul Carsten | SHANGHAI/BEIJING SHANGHAI/BEIJING Judging by the volume of online chatter, there’s a lot less buzz in China ahead of this week’s expected launch of the new Apple Inc iPhone, and people on the street say they’re more likely to “wait and see” what the latest device offers than rush out to buy. Posts on China’s popular Sina Weibo microblogging site show […]

By Laurence Frost and Gilles Guillaume | PARIS PARIS Renault expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal. The sober reassessment was delivered at an internal meeting before the summer break. It shows how, a year after VW admitted engineering software to cheat U.S. […]

/by Arabian Post Staff/The impact of the softening global economy continues to hamper the UAE’s office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates, according to leading international real estate consultancy Cluttons. Cluttons’ 2016 UAE Property Market Report, highlights the consultancy’s expectation for office market performance throughout the year and expects declines of close […]

New research from Loughborough University has revealed many four-year-olds are not physically ready to start school. Early Years specialists in the University’s School of Sport, Exercise and Health Sciences tested 45 Foundation Stage children at two different schools and found a larger number than previously estimated are experiencing problems with balance and coordination that are impacting their ability to learn in class. Researchers used a range of […]

By Julia Love | SAN FRANCISCO SAN FRANCISCO Alphabet Inc’s (GOOGL.O) Google has suspended Project Ara, its ambitious effort to build what is known as a modular smartphone with interchangeable components, as part of a broader push to streamline the company’s hardware efforts, two people with knowledge of the matter said. The move marks an about-face for the tech company, which announced a host of partners for […]

DUBAI // Charitable work by Al Jalila Foundation has received a boost with a US$1 million donation of software from Microsoft to help its humanitarian and healthcare programmes. The grant is part of Microsoft’s software donation programme to non-profit organisations to support charities as they work to serve the community and improve lives. Along with investing in medical education to improve the nation’s treatment capabilities, the foundation […]

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