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By Karen Lema and Neil Jerome Morales | MANILA MANILA Malaysian Prime Minister Najib Razak on Friday warned that Southeast Asian countries needed to ensure their economic growth was inclusive, or risk marginalized populations turning to violent extremism or even overturning political systems. Speaking at an event for entrepreneurs during the Association of South East Asian Nations (ASEAN) summit in Manila, Najib said the region was posting […]

April 28, 2017 by: Hudson Lockett in Hong Kong Friday 05.00 BST Overview Equities fell on Friday in Asia as the region’s markets took their cues from an underwhelming session on Wall Street, while currencies pared earlier rises amid mixed signals on the future of Nafta. Hot topic Asia-Pacific equities were choppy after Wall Street investors on Thursday digested the prospects of the Trump administration’s proposed tax […]

MANILA, Philippines – The Philippines has taken the limelight in Southeast Asia not only as the host of the ASEAN Summit this year, but also as a center of infrastructure development in the region given the government’s aggressive infrastructure push. The country’s lead infrastructure agencies said in a press briefing yesterday their respective infrastructure development programs have garnered strong interest from other members of the Association of […]

By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S.-made capital goods rose less than expected in March, but a second straight monthly increase in shipments suggested business investment accelerated in the first quarter amid a recovering energy sector. While other data on Thursday showed a bigger-than-expected increase in first-time applications for unemployment benefits last week, the trend in claims remained consistent with tightening labor market conditions. […]

MANILA, Philippines — The Republic of the Philippines and Brunei Darussalam issued a joint statement following the state visit of Prime Minister Hassanal Bolkiah to Manila. Bolkiah is also in the country to attend the 30th Association of Southeast Asian Nations Summit at the Philippine International Convention Center on Saturday. Read the full statement below. 1. At the invitation of the President of the Republic of the Philippines […]

Betting big on Amazon and selling the shares of traditional retailers has been a blockbuster trade for some time. Now, a small but growing number of hedge funds are wagering that the next leg of the woes afflicting bricks and mortar retailers in the US will unfold dramatically for those shopping mall owners who have largely so far been considered immune. The level of bets against some […]

By Steve Holland | WASHINGTON WASHINGTON U.S. President Donald Trump told the leaders of Canada and Mexico on Wednesday that he will not terminate the NAFTA treaty at this stage, but will move quickly to begin renegotiating it with them, a White House said. The announcement came after White House officials disclosed that Trump and his advisers had been considering issuing an executive order to withdraw the […]

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Donald Trump has decided not to pull the US out of the North American Free Trade Agreement, agreeing instead with his Canadian and Mexican counterparts to “proceed swiftly” with negotiations to update the agreement, according to the White House.  The move came in hastily arranged calls between the three leaders after news leaked that the White House was considering unveiling an executive order on Saturday that would have […]

The University of Technology Sydney (UTS) has partnered with the China Electronics Group Corporation (CETC) to launch a new joint centre for advanced research. Located at the UTS campus in Sydney, the Australia-China Research Innovation Centre in Information and Electronics Technologies (IET) is expected to conduct long-term research projects into information, communications, and electronics. The IET will be governed and managed by representatives of both UTS and […]

By Valerie Volcovici | WASHINGTON WASHINGTON White House advisers and Trump administration officials will meet on Thursday to discuss whether the United States should remain in the Paris climate agreement, a White House official said on Wednesday. The meeting, which will include member of the National Economic Council and cabinet officials such as Environmental Protection Agency Administrator Scott Pruitt and Energy Secretary Rick Perry, was scheduled for […]

NEW HAVEN, Conn. A federal judge in Connecticut on Wednesday sentenced a former Jefferies Group bond trader to two years in prison and to pay a $2 million fine after he was found guilty earlier this year of defrauding customers on bond prices. A jury in January found Jesse Litvak guilty of one of 10 criminal charges he had faced, a muted victory as prosecutors try to […]

In the month of April, two different verdicts from two different cases were passed in two very different courts in Pakistan. Two different men were on trial accused of two different crimes. One was let off easy for now, while the other was declared as guilty as guilty could be. Safe to say both verdicts were the cause of consternation and confusion. One of course, was the […]

26 April 2017 Renowned Intellectual Property expert Munir Suboh has joined Hadef & Partners to head the Intellectual Property practice in the Dubai office, advising on the full suite IP services and providing support across all of Hadef & Partners’ practice areas, including dispute resolution. As an Intellectual Property specialist with over a decade of experience in the region, Munir’s expertise covers all areas of Intellectual Property, […]

ROME The anti-establishment 5-Star Movement, already Italy’s most popular party, is stealing a march on its divided rivals by drawing up its policy programme a year ahead of elections. With the ruling centre-left Democratic Party embroiled in a bruising leadership battle and centre-right parties unable to agree on a leader, opinion polls give 5-Star a growing lead, which one pollster last week put as high as 8 […]

Oil prices reversed early losses on reports of the third weekly drawdown of crude stocks in the US, although analysts cautioned on waiting for further signs that Opec’s production cuts are finally tightening the market. Inventories of US crude fell by a larger than expected 3.6m barrels in the week ended April 21, the Energy Information Administration said on Wednesday, compared with expectations for a draw of […]

French presidential frontrunner Emmanuel Macron was ambushed on the campaign trail on Wednesday by far-right rival Marine Le Pen, with the rivals for the Elysée Palace clashing over globalisation and compounding a shaky start for Mr Macron in the final two weeks of the election race. The rivals’ visits to a factory in Amiens in northern France came on what was the first day of vigorous campaigning […]

‘Dubai Expert’ announced a first-of-its-kind destination travel trade training programme that will be rolled out to travel agents from around the world 26 April 2017 Dubai, UAE – Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), has announced the launch of “Dubai Expert”, an innovative online educational game that has been created exclusively for travel agents. The announcement was made to travel professionals attending this year’s […]

No president likes being judged on his first hundred days in office, not least Donald Trump. It is, he tweeted last week, a “ridiculous standard” by which to be measured, even though he also claimed to have accomplished “a lot”. With his 100th day in the White House falling on Saturday, investors have more nuanced ideas. For much of 2017 financial markets have doubted the global “Trump […]

This piece originally appeared in Local Edition, our newsletter following the digital transformation of local news. Want to be part of the conversation? You can sign up here. What do you need to unlearn to stay in journalism? This week, two journalists named almost exactly the same thing. That’s not rare, but it struck me as interesting because they’re at such different points in their career. Here’s what they […]

It’s taken the new chief executive of the London Metal Exchange Matthew Chamberlain four years to understand the complexity of the 140-year-old bourse. Now he’s on a mission to simplify it. Days after his appointment was announced by the LME’s parent Hong Kong Exchanges and Clearing the 35-year-old former investment banker has outlined his vision to attract more customers and protect London’s place as the centre of […]

26 April 2017 Mumbai, INDIA – Etihad Airways, the national airline of the United Arab Emirates, and strategic partner Jet Airways, India’s full-service premium international carrier, have signed a ground breaking agreement with the Government of Maharashtra to promote tourism to the western Indian state. The partnership will enable both airlines to capitalise on their strong links with Maharashtra and further propel domestic and international arrivals into […]

Authored by Gaius Publius via Down With Tyranny blog, “We don’t want a unified Korean peninsula … We [also] don’t want the North Koreans to cause more trouble than the system can absorb.” —Hillary Clinton, 2013, speech to Goldman Sachs Our policy toward North Korea is not what most people think it is. We don’t want the North Koreans to go away. In fact, we like them […]

Wednesday 03:00 BST Overview Momentum from a buoyant Wall Street carried over into Asia trading as equities rallied while bonds and oil prices continued to slide. Hot topic Stock markets across the region took their cues from Wall Street, where on Tuesday the S&P 500 neared a record closing high and the tech-focused Nasdaq closed above 6,000 for the first time. In Sydney, the S&P/ASX 200 was […]

3rd Internet of the Things Expo (ioTx) to highlight concerns in securing smart and connected cities Hyperloop Transportation Technologies to give visitors a sneak preview of high-speed, tube-based transportation system 25 April 20173rd Internet of the Things Expo (ioTx) to highlight concerns in securing smart and connected cities Hyperloop Transportation Technologies to give visitors a sneak preview of high-speed, tube-based transportation system Dubai, UAE – As […]

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