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By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks retreated on Thursday, taking their cues from a subdued session on Wall Street, while the dollar retained gains made after the Federal Reserve delivered a hawkish policy statement. At the end of its two-day meeting, the Fed kept its benchmark interest rate steady as expected, but downplayed weak first-quarter economic growth and emphasized the strength of the labor market, […]

KABUL Gulbuddin Hekmatyar is due to meet the Afghan president this week ahead of a return to politics, a remarkable turnaround for a leader widely reviled for his part in a civil war that killed thousands in the capital Kabul and razed much of the city. Hekmatyar, who was removed from the UN terrorism sanctions list only this year, made his first public appearance on Saturday since […]

By Yeganeh Torbati | WASHINGTON WASHINGTON U.S. Secretary of State Rex Tillerson on Wednesday outlined for his staff how an “America First” agenda translates into foreign policy, but did not address the Trump administration’s proposed budget cuts, which worry many diplomats. It was the first time Tillerson had addressed all employees since his first day on the job on Feb. 2, when he spoke to hundreds of […]

Sign up to receive FirstFT by email here The Federal Reserve said it believed the recent slowdown in US growth was likely to prove temporary as it stayed on course for a further increase in short-term interest rates as soon as June. The US central bank kept its target range for the federal funds rate at 0.75 per cent to 1 per cent following its latest two-day meeting. In […]

Modern smartphones have become increasingly bigger, but a new handset called Jelly comes as the world’s smallest 4G smartphone and runs Android 7 Nougat out of the box. In recent years, there’s been a constant push to make smartphones increasingly larger and some truly blur the line between smartphones and tablets. The tiny new Jelly smartphone, however, is quite the opposite. Unlike large smartphones from the likes of […]

ABU DHABI // The UAE on Wednesday hailed a meeting in Abu Dhabi between two rival Libyan leaders as a significant breakthrough in talks aimed at ending the conflict. The UAE’s Ministry of Foreign Affairs voiced optimism over the meeting between Fayez Al Sarraj, prime minister of Libya’s UN-backed government, and Field Marshal Khalifa Haftar, the country’s most powerful military commander, the state news agency, Wam, reported. […]

By Clement Uwiringiyimana | KIGALI KIGALI An independent woman candidate announced on Wednesday she would challenge President Paul Kagame, joining two other candidates hoping to defeat him in August elections after 17 years in office. Diane Rwigara, a 35-year-old accountant, said she would work to eradicate poverty, injustice and promote freedom if elected. She does not belong to any political party. Kagame is widely admired for restoring […]

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By Samia Errazzouki and Patrick Markey | RABAT/ALGIERS RABAT/ALGIERS A Moroccan phosphate ship has been held in a South African port by a complaint from Western Sahara Polisario movement that it transported cargo unlawfully from the disputed territory, a lawyer and Polisario said on Wednesday. The seizure of the vessel, carrying 50,000 tonnes of phosphate to New Zealand, may be a test for the Polisario’s use of […]

DUBAI // Education systems in the Middle East must improve and the root causes of youth ­unemployment have to be tackled, experts say. A panel on Wednesday responded to the findings of the Arab Youth Survey saying public schools in the region were not preparing young Arabs for the challenges of the future jobs market. “Curricula are a big problem in this region,” said Roy Haddad, director […]

Guardians of the Galaxy: Vol 2 Director: James Gunn Starring: Chris Pratt, Zoe Saldana, Michael Rooker, Karen Gillan Three stars The Guardians of the Galaxy, Marvel’s flawed team of intergalactic heroes, are back for more of the irreverent action that helped turn one of Marvel’s more obscure properties into a massive box-office hit in 2014. They are, in a way, anti-Marvel – sometimes dishonest, often objectionable and […]

ITFC and ITC sign partnership agreement on project implemenation in Djibouti and Algeria 03 May 2017 Jeddah, Kingdom of Saudi Arabia  The Islamic Development Bank (IsDB) Group and the International Trade Centre  (ITC), will work together to implement joint projects and strengthen the competitives of SMEs in IsDB member countries. This was disclosed during an official visit by Arancha Gonzalez, Exective Director of ITC, to the President […]

GENEVA Yemen faces a “famine of Biblical proportions”, veteran aid expert Jan Egeland warned on Wednesday during a visit to the war-battered nation, expressing fury over the failure of the “men with guns and power” to end the crisis. Yemen’s two years of civil war have pitted the Iran-aligned Houthi rebel group against a Saudi-backed coalition, causing economic collapse and severely restricting the food and fuel imports […]

When Northwestern University’s men’s basketball team finally made it to the NCAA’s “March Madness” for the first time this year, it was validation of the growth of its basketball program. Now another part of the school is saying it doesn’t need a traditional stamp of approval when it comes to validating success. Call it the Fleetwood Mac, or “Go Your Own Way” notion of academic self-approval. The […]

May 3, 2017 by: Jamie Smyth in Sydney New Zealand’s competition watchdog has blocked a merger between the country’s two main newspaper groups in the interests of defending media diversity, shrugging off concerns its decision threatens the groups’ financial viability. Wednesday’s ruling on a proposal from New Zealand Media and Entertainment and Fairfax NZ comes as global regulators face a swath of contentious mergers and growing concentration […]

The Australian Telecommunications Industry Ombudsman (TIO) has revealed that consumer complaints about delays in being connected to the National Broadband Network (NBN) have dropped over the first two quarters of the 2016-17 financial year. Complaints about NBN connection delays dropped from 1,669 complaints in the fourth quarter of 2015-16 to 1,545 in the first quarter of FY17, and then further down to 1,539 in the second quarter […]

OPEC and allied oil producers should extend their collective production cuts into the second half of the year when an expected upturn in demand will help to re-balance the crude market, UAE Energy Minister Suhail Al Mazrouei said. All countries participating in the cuts must agree to any extension, he said Tuesday in the UAE capital Abu Dhabi. The Organization of Petroleum Exporting Countries and other major […]

BANGKOK Human Rights Watch on Wednesday urged Thailand’s military government to disclose the whereabouts of a prominent rights lawyer who has been missing since his house was raided at the weekend. Prawet Prapanukul, 57, provided legal assistance to members of Thailand’s political opposition group, the United Front for Democracy Against Dictatorship, and served as legal counsel in a high profile royal insult case. He has been missing […]

Elsewhere on Wednesday, – TFW you have become verb used to specify there should be no lying in this particular bond quoting: Shortly after his indictment in 2013, Mr. Peters engaged in a chat session with a potential buyer about the price that would be offered for mortgage securities. The customer wrote, “Ok don’t litvak me! Go ahead with that bid.” – Guardian longread on where oil […]

The OnePlus 5 is among the most hotly anticipated smartphones of this year and the company’s CEO just posted the first teaser, touting a “big surprise.” With the LG G6 and the Samsung Galaxy S8 out of the bag, one of the most rumored smartphones yet to debut is the OnePlus 5, which is expected to hit the scene sometime in the second half of this year. OnePlus […]

Marine Le Pen and Emmanuel Macron have each promised to bring renewal to French politics. Still, the two insurgent candidates, who will go head to head in the second round of the presidential election on Sunday, have clashed over how to handle the challenges facing France.  Ms Le Pen, of the National Front, is running on a populist, anti-immigration platform but has spurned economic liberalism in favour […]

Oman Air plans to move ahead with a multi-billion dollar order for wide-body jets early next year even though it won’t now break even in 2017 as the low oil price curbs growth in the Gulf. The carrier is now aiming to end losses by the end of next year, contingent on demand not deteriorating further, Chief Executive Officer Paul Gregorowitsch said in an interview on Tuesday. […]

TAIPEI Taiwan’s President Tsai Ing-wen called on China to change its thinking and extend goodwill in its relationship with the self-ruled island, according to an interview published on Wednesday by a newspaper considered close to her main opposition. Beijing, which claims Taiwan as its own, cut official communication channels with Taipei soon after Tsai took power in May last year to pressure her and her party into […]

After being diagnosed with desmoplastic melanoma in 2016, Holly Rowe has partnered with the Melanoma Research Foundation to create an awareness campaign on skin cancer. May is the Melanoma Awareness Month, and various organizations inform people on the issue of skin cancer. Melanoma is a form of skin cancer that is especially dangerous, as it can spread quickly. The disease develops from the cells in our skin that […]

May 2, 2017, Doha The Communications Regulatory Authority (CRA) has noted an increase in number of complaints regarding scam calls through its 103 hotline, media reports and social media comments. CRA would like to urge consumers to not share any personal information that could compromise their privacy if they receive a call from unknown persons. Significant numbers of consumers reported receiving calls (through apps like WhatsApp and […]

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