Blog List Layout

  Beijing / AFP China protested to Washington on Saturday after US President-elect Donald Trump broke with decades of foreign policy and spoke with the president of Taiwan. It was not immediately clear whether Trump’s telephone call with Tsai Ing-wen marked a deliberate pivot away from Washington’s official “One China” stance, but it fuelled fears he is improvising on international ...

  Bloomberg The $1.5 billion privatizations of two of China’s biggest solar companies have been thrown into doubt because of concerns they may run afoul of a government effort to keep more of the nation’s money supply at home. Trina Solar Ltd. and JA Solar Holdings Co., whose chief executives have separately proposed buying back the shares they listed in ...

  Bloomberg The boardroom battles at the $100-billion Tata Group business empire have escalated into a Twitter war of the kind corporate India has never seen. Thousands of tweets with hashtags such as #WadiaTruthsTataLies, #CyrusMistryforGovernance and #RaTantrum are trending, steered by supporters of deposed chairman Cyrus Mistry. On the other side are #TataForIndia and #Support4Tata, maneuvered by the supporters of ...

  Seoul/ AFP Hundreds of thousands of protestors marched in Seoul for the sixth-straight week on Saturday to demand the ouster and arrest of scandal-hit President Park Geun-Hye ahead of an impeachment vote in parliament. Organisers claimed a turnout of more than one million for the candlelight rally in the South Korean capital, while police put the number at just ...

  Abu Dhabi / WAM The government is confidently progressing to deliver indicators of the National Agenda leading to the UAE Vision 2021 which seeks to develop and improve conditions in areas of justice, security, economy, environment, living standards, housing, education, health and infrastructure, His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, has declared. “The ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, said that celebrating National Day is a chance to evaluate the country’s achievements and performance during the past year, as every year is a leap in the journey of the UAE’s great union. His Highness Sheikh Mohammed added that securing ...

  Abu Dhabi / Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, announces its participation at the forthcoming World Islamic Banking Conference (WIBC) 2016, taking place between December 5-7, at the ART Rotana Hotel, Amwaj Islands, Manama, Bahrain. DarkMatter is the Cyber Security Innovation Partner to the event. Celebrating its 23rd year of existence, the conference ...

  New York / AFP More than 350 US universities are urging President-elect Donald Trump to change his mind and keep a program that lets hundreds of thousands of undocumented young people study and avoid deportation. Nicknamed “Dreamers,” they are the estimated 1.2 million young people who were brought to the United States illegally as children, grew up without US residency ...

  Bloomberg Indonesia is widening its tax net to target global technology giants like Google and Facebook Inc., a strategy that’s raising red flags for fear it may deter foreign investment. Finance Minister Sri Mulyani Indrawati is seeking to squeeze more revenue out of an economy that’s been hit by weak commodity prices and subdued demand from China, Indonesia’s biggest ...

  Bloomberg China’s biggest state-owned companies will see “dramatic changes” in the next few years as they may downsize and become more efficient, according to the former chairman of two of the country’s biggest producers. Chinese oil companies have “tremendous room” to improve efficiency and will be “suffering for the next few years” amid the oil crash that’s pushed prices ...