Chinese Premier Li Keqiang (R) meets with Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam Central Committee, in Beijing, capital of China, Jan. 13, 2017. (Xinhua/Li Tao) BEIJING, Jan. 13 (Xinhua) — Senior Chinese leaders Li Keqiang, Zhang Dejiang and Wang Qishan met with General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong in Beijing on Friday, vowing to […]
By Irene Klotz | CAPE CANAVERAL, Fla. CAPE CANAVERAL, Fla. Two astronauts floated outside the International Space Station on Friday for a 6-1/2-hour spacewalk to replace aging batteries for the laboratory’s solar power system, an upgrade needed to keep the outpost running into the next decade, NASA said. U.S. astronaut Shane Kimbrough left the station’s airlock at about 6:30 a.m. EST (1130 GMT) to begin his second […]
US chemical giant Dow has announced the “topping out” of its new innovation centre in Saudi Arabia, which is expected to become operational in the second half of 2018. Dow chairman and CEO Andrew Liveris reported good progress in the construction of the Dow Middle East Innovation Centre at King Abdullah University of Science & Technology (KAUST) in Saudi Arabia. Liveris said: “When the new Dow Innovation […]
BUDAPEST Hungarian police have detained two foreign women under European arrest warrants for terrorism-linked activity, police said in a statement posted on their official website on Friday. They said the two women, an 18-year-old Belgian and a 19-year-old French citizen, were detained on Thursday at 0100 GMT as they were trying to cross into Serbia on a bus from Vienna to Sofia. Police were not immediately available […]
By Trevor Hunnicutt | NEW YORK NEW YORK BlackRock Inc (BLK.N), the world’s biggest asset manager, reported better-than-expected quarterly profits on Friday as it clamped down on expenses and investors stormed into lower-cost funds to take advantage of a year-end rally. Investors poured $88 billion into the company’s market-tracking index investments and its iShares exchange-traded funds during the quarter, while pulling $546 million from funds managed actively […]
Throughout the presidential campaign and since Donald Trump’s election, former diplomats, retired generals, and foreign-policy analysts have attempted to decipher, explain, and predict his foreign-policy strategy. Will he pursue the big-stick model of Teddy Roosevelt? Embrace a neo-Nixonian “madman” strategy? Is Trump actually a champion of foreign-policy realism, or perhaps no realist at all? But all those questions make the same mistake — they assume the incoming […]
BlackRock says it will raise its quarterly dividend after reporting the largest net inflows of new client money in its history in 2016, despite a 5 per cent fall in net income for the year. Reporting its fourth quarter and full-year results, the world’s largest asset manager said that it took in total net inflow of $202bn in 2016, as its total assets under management rose by […]
U.S. President-elect Donald Trump on Friday reprised his election campaign attacks on Democratic rival Hillary Clinton, declaring her “guilty as hell” and deriding her supporters’ criticism of how the FBI handled an investigation into her emails. The U.S. Justice Department said on Thursday it would investigate an FBI decision to announce an inquiry into Clinton’s emails shortly before the Nov. 8 election, a move she has blamed […]
For years, Iran has been under a series of international sanctions prohibiting it from exporting arms. The United States has frequently claimed that Tehran has violated the sanctions in support of proxy forces in many conflicts, including in Iraq, Syria, Yemen and the Palestinian territories. Photo Weapons seized in February from smugglers near Yemen’s coast. Credit Australian Department of Defense, via Small Arms Survey The grenade launchers […]
Fragile market conditions, poorly controlled algorithms and inexperienced staff all contributed to last October’s flash crash in sterling, global policymakers have concluded, with the Bank for International Settlements urging banks and other market participants to learn from their mistakes. The BIS — the central bank for central banks — said on Friday that no single event was responsible for the extraordinary 9 per cent plunge in the […]
By Michele Kambas | GENEVA GENEVA Talks on reunifying Cyprus should produce a “radical” change in the island’s security situation, which is currently guaranteed by Greece, Turkey and Britain, Cyprus President Nicos Anastasiades told a news conference in Geneva on Friday. He was speaking the day after U.N.-hosted talks broke up with a promise to bring officials together next week in working groups to tackle the thorny […]
Crystal Lagoons, the patented technology developer of giant crystalline lagoons, has announced it has held a series of meetings with prominent Qatari real estate developers as the country looks to capitalise on a growth in tourism numbers and revenues. Designed to be self-cleaning, the lagoons only require topping up in response to evaporation and use up to 100 times less chemicals than traditional pool systems, and only […]
Can Technology Solve India’s Biggest Problem? India’s government is giving a unique ID to each of its 1.2 billion citizens, creating the world’s largest biometric data set. But some are questioning Prime Minister Narendra Modi’s decision to use technology to solve the country’s most critical problems: poverty and corruption. Photo: Karan Deep Singh/The Wall Street Journal By Gabriele Parussini Jan 13, 2017 12:56 pm IST 0 COMMENTS […]
By Mai Nguyen | HO CHI MINH CITY HO CHI MINH CITY Outgoing U.S. Secretary of State John Kerry said on Friday he was confident the next administration would stick to the same peaceful principles on Asian security as the current one, despite hawkish comments from President-elect Donald Trump’s cabinet picks. Referring to the disputed South China Sea, Kerry told a university audience in Ho Chi Minh […]
The debate over what yield on the 10Y spells the end of the 30 year bond bull market, and would spillover into selling among other asset classes, is heating up. Earlier this week, in his monthly annual letter Bill Gross wrote that 2.6% is the only level for the market that matters: “This is my only forecast for the 10-year in 2017. If 2.60% is broken on […]
An ice storm heading for the central United States is threatening to take down trees and power lines and create treacherous travel conditions on Friday and into the weekend, the National Weather Service said. Ice, freeze rain and winter storm warnings were in effect for a large swathe of the Plains, from the Texas panhandle north into Iowa and east through central Indiana, the Weather Service said […]
Abu Dhabi, U.A.E., 13 January 2017 Lawmakers from around the world are meeting today in Abu Dhabi to discuss the policies needed to support the transformation of the global energy system. Held the day before the opening of the seventh Assembly of the International Renewable Energy Agency (IRENA), the 2017 Legislators Forum, “Renewable Energy – the Role of Legislators in Catalyzing Action”, is the second meeting of […]
By Jamie McGeever | LONDON LONDON European and U.S. stocks looked to end a sluggish week on a high note on Friday, while the dollar was on track for its biggest weekly fall in two months and U.S. bond yields eyed their longest run of weekly declines since July. Investors largely shrugged off figures that showed Chinese exports fell the most last year since 2009, and will […]
DUBAI // A global summit in Dubai next month will include forums on happiness, climate change and food security, and Arab youth. The World Government Summit will be held from February 12 to 14 under the patronage of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. Mohammed Al Gergawi, Minister of Cabinet Affairs and the Future, described the summit as dedicated to shaping the future […]
Takata, the Japanese automotive supplier at the centre of a global recall crisis over its exploding airbags, is expected to plead guilty as early as Friday to criminal wrongdoing in the US, as the Obama administration targets the global auto industry with a final burst of fines over environmental and safety issues. Takata is expected to agree to a criminal settlement with the Department of Justice on […]
BUDAPEST A Hungarian camerawoman was sentenced to three years’ probation late on Thursday for kicking and tripping migrants fleeing police near the border with Serbia in September 2015, the news website Index.hu reported. Petra Laszlo was fired from her job at N1TV, a television station with nationalist sympathies, after video footage spread online appearing to show her kicking a girl and a young man. Index.hu reported late […]
After the excitement around Opec agreeing oil supply cuts with Russia and other non-members at the end of last year, attention in 2017 has quickly shifted to the next key question: will they actually deliver all the promised cuts? A group of companies believe that they are positioned to deliver that answer, trumpeting their years of experience tracking global oil flows, using everything from modern satellite technology […]
By Ingrid Melander | PARIS PARIS Every week, a small group of Marine Le Pen’s aides brainstorm on how to achieve what many say is impossible: change how most French people view her to get her elected president in May. The “Idea-Image” committee of Le Pen’s far-right National Front (FN) consists of about 10 party officials and supporters. It held its first meeting in October as the […]
BANGKOK Thailand’s military-backed parliament voted overwhelmingly on Friday to make amendments to the constitution as suggested by the new king’s office, a move likely to delay a general election scheduled for the end of the year. The military-backed constitution is a key part of the junta’s plans to hold an election to return Thailand to democratic rule following a 2014 coup. The draft constitution was approved in […]
