Tokyo / AFP As China’s leaders consider ways to improve market oversight and avoid the kind of boom and bust in equities that shook investors around the world last year, the nation’s central bank is already extending its oversight to areas beyond its traditional focus. The People’s Bank of China (PBOC) this month expanded its powers to cap cross-border capital ...

  Sidoarjo / AFP Harwati forces a smile as she guides visitors around a bubbling mud volcano in Indonesia, pausing as they snap selfies on the bleak wasteland she once called home. These disaster tourists are a lifeline for the single mother who lost everything when the earth beneath a paddyfield near her village opened up without warning ten years ...

  Wageningen / AFP Establishing a human colony on the Moon and travelling to Mars has been the stuff of dreams since the dawn of the space age.But these visions face many hurdles. How can humans survive for months or years in the ultra-hostile environment of space? What, for instance, will they eat? Agricultural researchers at a Dutch university say ...

  Our Correspondent / Emirates Business Whether you seek the tranquility of the sea or the dynamic bustle of a modern city, Coral Beach Resort — Sharjah, a 4-Star hotel, is ideally located to offer both. Haytham Aziz, Hotel Manager, Coral Beach Resort Sharjah, said, “Coral Beach Resort offers an authentic local experience with modern luxuries that discerning business and ...

  Our Correspondent / EMIRATES BUSINESS FlexStone is a decorative concrete system with a unique technology developed for designers and the evolution of the construction industry. Inspired by nature and its splendid beauty, FlexStone offers a wide range of modern and classical cladding options suitable for both exterior and interior application. With an endeavor to make a green product where ...

  DUBAI / WAM Emirates Integrated Telecommunications Company, du, has entered into a ten-year co-location agreement with Emirates NBD to provide the organisation with third party data centre co-location services in the UAE. Emirates NBD will benefit from du’s ‘always-on’ and resilient data centre infrastructure which is supported by high-speed connectivity. Besides optimising operational expenses, Emirates NBD also gains direct ...

  ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, is leading the UAE trade and economic delegation to the Belt and Road Summit, which will be held in Hong Kong from May 18-19. The delegation includes Juma Al Kait, Assistant Under-Secretary for Foreign Trade at the Ministry of Economy; Saed Al Awadi, CEO of Dubai Export ...

  KHOBAR / Reuters State oil giant Saudi Aramco has awarded a $1 billion-plus contract to India’s Larsen & Toubro (L&T) and Singapore-based Emas AMC for the expansion of the offshore Hasbah sour gas field, industry sources said. Increasing its supply of gas is a top priority for Saudi Arabia. Many industrial firms have complained about a shortage crimping expansion ...

  DUBAI / WAM The UAE exhibited the most positive employment growth among its neighbouring countries in April 2016, with hiring activity growing at 18 percent compared to the same period a year ago. Sanjay Modi, Managing Director, Monster.com (India, Middle- East, South East Asia and Hong Kong), said, looking at the UAE market specifically, certain sectors are still hiring ...

  Abu Dhabi / WAM ADNOC Distribution and Abu Dhabi Ports have signed a Musataha Agreement (the legal right to build on and retain the building on another person’s land for a fixed term of years), which is aimed to strengthen ADNOC Distribution’s capacity to develop new projects at Khalifa Industrial Zone, Kizad, and provide logistical support to its existing developments. ...