newslide Actress Sonakshi Sinha has confirmed she will perform as part of Justin Bieber’s Purpose world tour stop in India. The 29-year-old star will be one of the opening acts at the gig to be held at the DY Patil Stadium in Mumbai on May 10. “I am really fond of Justin Bieber’s music and I love how his sound has evolved over the years,” says Sonakshi, […]
Identity management company Okta has officially filed for an initial public offering, seeking to raise $100 million. The tech IPO scene has been rather sluggish in the past several years, but things are expected to pick up in 2017 and the recent Snap IPO breathed some much-needed new life into the space. Many believe that the Snap IPO opened the door to more tech IPOs and they might just […]
The digging into Kevin Deutsch’s reporting history intensified Monday when a new investigation called into question the veracity of several sources that appeared in his stories. The report, written by Sydney Smith of the journalism watchdog iMediaEthics, identified discrepancies in eight sources from stories written by Deutsch for The New York Times, Newsday and the New York Daily News. The investigation comes weeks after The New York Times published […]
Nervousness in the US stock market has climbed to the highest level since the aftermath of the presidential election, even as equities have charted a mostly smooth path to further all-time highs in recent weeks. Credit Suisse’s fear barometer rose at the end of last week to 35.6, an increase of almost 10 points from the previous week and the highest reading since November 9, the day […]
IPOH: Investigations into human exploitation and child labour at an oil palm estate in Pengkalan Hulu has widened with one of the rescued 18 said to be a sex slave of the male suspect. It also led to the rescue later of a 14-year-old girl who has been sexually abused at another house in Kedah. In an SMS sent out to the press here, Perak CID chief […]
The middle ground isn’t exactly a term that many sports-car manufacturers would like associated with their tarmac-gobbling wares, but that’s exactly how Porsche positions the premium on-road niche in its long-celebrated 911 range. But its pitch explains everything: the GTS is a notch below the try-not-to-get-killed madness of the GT3, marrying sporty intent with everyday usability, making it the most-aggressive 911 this side of its race-ready road […]
While many have blamed today’s spike in yields for the broader underperformance of the REIT sector, which sent the Bloomberg North American REIT index down 1.4%, its biggest one-day drop since December in a widespread selloff across all property sectors with 194 of the 214 stocks in the index lower today, it’s more than just the jump in rates that is slamming the rate-sensitive sector. While longs […]
Canadian financial services group Canaccord Genuity’s aims to double the contributions to its investment banking business from the Middle East and India in the next five years, its regional head told Reuters. It recently helped broker a C$5 billion ($3.7 billion) investment partnership between Dubai ports operator DP World and Caisse de depot et placement du Quebec, Canada’s second-largest public pension fund. “We think this could be […]
Few institutions embodied the eurozone crisis more clearly than Bankia, the Spanish lender which was bailed out in 2012. Yet you would have been hard pressed to see any signs of that as the lender tapped debt markets this month. The bond sale by Bankia, still majority owned by the Spanish government, attracted almost €5bn in orders for the €500m of debt it sold. Its “tier 2” […]
Via Michael Shedlock of MishTalk.com, A quick perusal of Target2 Balances for January shows capital flight from Italy and Spain to Germany intensified again. German target2 imbalances exceed levels hit in the Eurozone crises in 2012. Things improved considerably after ECB president Mario Draghi made his famous statement “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, […]
There was no mistaking the arrival of King Salman Abdulaziz Al-Saud of Saudi Arabia and his entourage in Malaysia on Sunday morning. Traffic stood still for 30 minutes as we waited for the 600-strong royal party to make their way from the airport to the centre of Kuala Lumpur — a near-endless stream of limos, lorries, outliers and ambulances, sirens screaming. This is King Salman’s first trip […]
By Lauren Hirsch | NEW YORK NEW YORK Snap Inc’s (SNAP.N) shares continued to defy doubts about the company’s early-stage business model and slowing user growth, jumping nearly 50 percent in their first day of trading on the New York Stock Exchange. The owner of the Snapchat messaging app raised $3.4 billion in its initial public offering on Wednesday night, more than the $3 billion Facebook (FB.O) […]
TOKYO Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U.S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, led by rebound in Australian shares . Japan’s Nikkei .N225 rose 1.3 percent […]
By Hamid Shalizi and Saud Mehsud | KABUL/DERA ISMAIL KHAN, Pakistan KABUL/DERA ISMAIL KHAN, Pakistan An Islamic State offshoot based near the Afghan-Pakistan border is expanding to new areas, recruiting fighters and widening the reach of attacks in the region, members of the movement and Afghan officials said. Some members of the so-called “Khorasan Province” of Islamic State claimed responsibility for the recent attack on a Sufi […]
Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock market closes on Wednesday in the most eagerly awaited technology IPO since Chinese e-commerce giant Alibaba went public in 2014. The pricing will be the first test of investor appetite for a social-media app beloved by teenagers and 20-somethings but which has yet to turn a profit. The company’s […]
On Tuesday evening, Donald Trump will head to Capitol Hill to deliver an address to both houses of Congress. Such speeches have provided the US president’s predecessors with the opportunity to convey three main messages: their assessment of the country’s overall situation, the domestic legislative programme they hope Congress will pass in coming months and the main areas of global focus — all this in the context […]
Submitted by Alex Gorka via The Strategic Culture Foundation, The rifts within the EU continue to widen as Poland and Hungary join together in opposition to the EU bureaucracy. Soon after Poland’s ultra-conservative Law and Justice (PiS) party came to power in October 2015, the Polish parliament passed a law allowing the government to appoint the judges of its choosing to the highest court and not recognize […]
In the previous episode of the currency wars, a few years ago, the Euro-Dollar exchange rate was in the spotlight. This has now completely disappeared to the background and whilst the countries of the Eurozone must be pretty happy with the weak currency (which boosts the export and increases the demand for domestically produced goods), the United States are less than happy as it weakens the position […]
Written by Ritu Sarin | New Delhi | Updated: February 21, 2017 4:43 pm In majority cases, responses are awaited from offshore entity owners on the purpose of setting up these companies and the nature of financial transactions. The Panama Papers probe in India has gathered pace with the Enforcement Directorate (ED) dispatching what is being described as “advisories” to over 100 people named in the global […]
25 February 2017 MARC has affirmed its AAA(bg) rating on Boustead Holdings Berhad’s (Boustead) RM1.0 billion Bank-Guaranteed Medium-Term Notes (BG MTN) programme with a stable outlook. The rating reflects the credit strength of the syndicated bank guarantee facility provided by OCBC Bank (Malaysia) Berhad (OCBC Malaysia), Public Bank Berhad (Public Bank), Malayan Banking Berhad (Maybank) and The Bank of East Asia (BEA) Labuan Branch, all of which carry financial institution ratings […]
The fact that we infer other people’s emotions based on their facial expressions isn’t entirely new. With that in mind, however, a pair of researchers from New York and Colorado have set out to investigate how exactly these expressions communicate so many complex mental and emotional states. How We Read Emotions Daniel H. Lee and Adam K. Anderson used photos of faces taken from databases and created average […]
For a century after the incredibly influential writings of Carl von Clausewitz in the early years of the 19th-century, the study of war, specifically the study of battles, occupied a regal prominence in the field of history-writing. It was taken as a given that the study of battles was illustrative, even vaguely ennobling, and monumental, multi-volume battle-histories appeared at regular intervals, often running to many reprints and […]
Stainless steel is regaining its shine. After falling victim like many other basic industries to the global commodities downturn, companies that specialise in the rustproof metal are enjoying a change in their fortunes. An upwards spiral in share prices, bigger profits and increased payouts to investors is helping to restore the lustre in this niche of the steel market. “It’s very clear we are now in a […]
HONG KONG Asian stocks held near 1-1/2-year highs in subdued early trade on Tuesday as a holiday in the United States left investors with few catalysts, while the euro nursed overnight losses as lingering concerns about the looming French election rattled its bonds. Political concerns have been at the front and center of investors’ minds over the past week or so, with markets wary about the outcome […]
