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Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Excise chief shunted out in bar licence dispute // Dubai details five-year visa benefits for returning visitors // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Democrats Gearing Up For 2028 Presidential Elections To Gain Full Power // Emaar approves Development buyout ahead of planned delisting // Microfinance case trouble for Vellappally // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Elephant calf on death line airlifted for treatment in Gujarat // CM disputes Vijayan’s claims // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // OpenAI introduces GPT-6 Cyber with restricted security access // Dubai Future District Fund and Buimerc formalise cooperation // Motorola introduces Signature 27 flagship priced at $1,599 // OpenAI abandons secrecy agreements for future data centres // ADIA subsidiary seeks $7.5 billion private investment financing // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time //

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PTI BOGOR (INDONESIA)President Joko Widodo Saturday said Indonesia and India must cooperate closely in the key areas defence, security and counter-terrorism as no country is immune to a terror attack and also sought stepping up of bilateral trade ties.“I am very much looking forward to have discussions with Prime Minister Modi,” Widodo told PTI in an interview ahead of his state visit to India, beginning Monday.Widodo said […]

Photo Alexander Novak, Russia’s energy minister, left, with Khalid Al-Falih, Saudi Arabia’s energy and industry minister, after OPEC members and 12 other countries met in Vienna, Austria, on Saturday. Credit Lisi Niesner/European Pressphoto Agency Russia and other oil producers agreed on Saturday to join OPEC nations in a rare, coordinated reduction in oil output meant to lift petroleum prices and revenues to shore up their sagging government […]

By Caroline Valetkevitch | NEW YORK NEW YORK Next week’s Federal Reserve meeting and possible signals on the pace of rate hikes for next year could pose the biggest risk yet to the rally the U.S. stock market has seen since last month’s presidential election. While investors have long anticipated the Fed will raise rates at the Dec. 13-14 meeting – in what would be its first […]

Ahead of next week, here are the big questions we are asking at FT Markets What signal will the Federal Reserve send? The last US central bank meeting of the year will unfold on Wednesday with all eyes on officials’ latest assessment of the economy and the press conference of Fed chief Janet Yellen. Plenty has changed since their previous gathering just before the US election. Dollar […]

Abu Dhabi Ports, the master developer, operator and manager of the emirate’s commercial and community ports as well as Khalifa Industrial Zone, has hailed the opening of the new Mohammed bin Rashid Road as a “major milestone”. Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said in a statement that the new highway, which opened on Tuesday, will enable Khalifa Port’s expansion and growth plans. Al […]

For a quick study in market blindness, look at how an obscure US fund reacts to events in a country where markets do not even exist. Nearly two years ago US president Barack Obama and Cuban president Raúl Castro jointly announced their intent to rejuvenate the diplomatic and commercial relationship between their two countries. Until that day, the Cuba closed-end fund had historically traded beneath its net […]

This is part of a series on the global rise of exchange traded funds The morning after the US election Steven Bregman, a New York-based hedge fund manager, began to notice something strange going on in a corner of the stock market. His screen showed that shares of gold mining companies were being sold indiscriminately, falling by double digits, even though the price of gold itself had […]

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Submitted by Nomi Prins via TomDispatch.com, Given his cabinet picks so far, it’s reasonable to assume that The Donald finds hanging out with anyone who isn’t a billionaire (or at least a multimillionaire) a drag. What would there be to talk about if you left the Machiavellian class and its exploits for the company of the sort of normal folk you can rouse at a rally?  It’s […]

Global investors are turning their backs on French government bonds, reflecting alarm over the capacity for next year’s presidential election to deliver another shock to the eurozone and financial markets. A pronounced drop in French sovereign bond prices suggests they are being treated less like those of a core European economy and more like securities issued by the region’s least creditworthy countries. The selling has pushed the […]

By Peter Gosnell Australian theme park Dreamworld reopened on Saturday having been closed since the end of October following the deaths of four people on its now-shuttered Thunder River Rapids ride. Craig Davidson, chief executive of theme parks at Dreamworld owner Ardent Leisure Group, said reopening the park on the Gold Coast in the eastern state of Queensland was a poignant moment. “Today the smiles of Dreamworld […]

Update, Dec. 9, 2016, 2:22 p.m.: This story has been updated. Donald Trump routinely blasts his political foes for “pay-to-play” politics and “crony capitalism and corruption.” But Trump is now rewarding some of his biggest campaign bankrollers with unparalleled access, influence, prestige and power in his presidential administration-in-waiting, according to a Center for Public Integrity analysis of new campaign finance disclosures filed with the Federal Election Commission. In […]

Opec’s first supply cut in eight years looks set to earn the 13-member cartel an extra $5bn a month in revenues. The 15 per cent rally in oil prices since last Wednesday’s agreement looks like an impressive return from a marginal cut in output, even if the deal was months in the making. Beyond the headline price reaction the market has thrown Opec a curve ball. Oil […]

Saudi Arabia has told its US and European customers it will reduce oil deliveries from January, as Russia said it was confident non-OPEC producers would fully join OPEC’s output limits on Saturday in the first such move since 2001. Saudi Arabia told the customers about lower supplies in line with the output reduction agreed by the Organization of the Petroleum Exporting Countries last week, according to a […]

Donald Trump wants Wilbur Ross, the billionaire investor tapped for Commerce secretary, to oversee his trade policy, in a controversial move that could spark a battle between the incoming administration and Congress. Mr Trump has agreed to give Mr Ross, a close friend, responsibility for handling one of his signature campaign issues, the Financial Times has learnt. The move, which would cut the influence of the US […]

By Nate Raymond | NEW YORK NEW YORK A Colombian butcher accused of working with members of the Venezuelan military to facilitate shipments of massive loads of cocaine from South America to the United States was sentenced on Friday to five years in a U.S. prison. Gersain Viafara-Mina, 50, wept as U.S. District Judge Andrew Carter in Manhattan imposed the maximum sentence he faced after pleading guilty […]

It is a story of the markets against the US Federal Reserve — and so far, the markets have been on the right side of the call. Bond market movements have this year proved a better guide to potential shifts in benchmark rates than has the Fed’s official range of projections. But as Donald Trump prepares to take power amid expectations that the Fed will next week […]

By David Lawder | WASHINGTON WASHINGTON President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry’s battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for its exports and barriers to imports. Led by Wilbur Ross, a billionaire steel investor and Trump’s nominee for commerce secretary, Dan DiMicco, the former CEO of steelmaker Nucor […]

An upcoming deadline for a major derivatives market reform is “unrealistic” and authorities should consider whether the asset managers and banks most affected are ready, a top US regulator has warned. Christopher Giancarlo, the sole Republican of the three commissioners at the Commodity Futures Trading Commission, on Friday called on counterparts to prevent new rules due on March 1 from disrupting the global swaps market. His remarks, […]

Bangladesh labour activists said on Friday they had joined a lawsuit in Switzerland against world soccer body FIFA for allegedly failing to use its influence to ensure people working on 2022 World Cup facilities in Qatar are treated fairly. The suit, filed in FIFA’s home city of Zurich with the backing of the largest labour union in the Netherlands, calls on FIFA to force Qatar to adopt […]

Electronic storage detection canine Iris of the New Jersey FBI helps investigators search the home of New York City terror suspect Ahmad Khan Rahami, who set off bombs in Manhattan and on the Jersey Shore, in September 2016. Image: Connecticut State Police This article originally appeared on TechRepublic. The call came at 5:30 am on a hot July morning in 2015. The Indianapolis Metropolitan Police Department told […]

The European Central Bank’s supervisory arm has rejected a request from Rome to delay a private sector-led rescue for Monte dei Paschi di Siena, leaving Italy little option but to inject state funds and impose losses on creditors. MPS asked the ECB for an extra five weeks to pull off a last-ditch €5bn equity injection for the lender, which emerged as the weakest in the European bank […]

Oman Air has announced that it intends to make its first foray into China on Friday, as part of plans to expand its global network and fleet. The national carrier said in a statement that it plans to start operating flights from its hub in Muscat to Guangzhou, China, from December 9. The airline said the launch of the new route is in response to “significant customer […]

Good morning. Regrets laced with irony Glenn Beck is sorry. He really is. He swears. He’s sort of like Miss Otis in Cole Porter’s oft-recorded 1934 “Miss Otis Regrets” (I’ll take Bette Midler’s version). She “woke up and found that her dream of love was gone, madam.” And, them, “from under her velvet gown, she drew a gun and shot her lover down, madam.” In this case, […]

The US government is to check if sanctions where violated when Russia this week struck a deal to sell a stake in oil producer Rosneft to a consortium of Qatar’s sovereign fund and commodities trader Glencore, the White House said. “The experts at the Department of Treasury that are responsible for constructing and enforcing the sanctions regime will carefully look at a transaction like this,” White House […]

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Just in:
Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Oil advances towards $100 as tanker attacks persist // HKUST President Prof. Nancy IP Receives UNESCO–Equatorial Guinea International Prize for Research in Life Sciences // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // OpenAI introduces GPT-6 Cyber with restricted security access // CM disputes Vijayan’s claims // India Under Pressure To Join RCEP On The Eve Of ASEAN Summit In Manila On Nov 15-17 // Elephant calf on death line airlifted for treatment in Gujarat // Private varsities bill all set to face the axe // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Motorola introduces Signature 27 flagship priced at $1,599 // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // ADIA subsidiary seeks $7.5 billion private investment financing // Excise chief shunted out in bar licence dispute // TVM –Mangaluru Vande Bharat claims top spot // Technology shares plunge as Nasdaq enters correction // Democrats Gearing Up For 2028 Presidential Elections To Gain Full Power // Kochi police detain two actors over bid to honey trap doctor //