Michael Schuman special to emirates business All of the pieces are in place for a financial crisis in China. The currency is weakening and, if left to the market, would likely plunge further. Capital outflows have hit record levels. Reserves are in retreat. A dramatic selloff on Shanghai’s stock market has wiped out all the gains from 2015’s bull run. ...
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What ‘entrepreneurship’ means to South Koreans
Although South Korea is stepping up efforts to become an innovative and entrepreneurial economy, entrepreneurial possibilities remain slim for the majority of the population. President Park Geun-hye began her term in 2013 with plans to create a “creative economy, » driven by a vibrant startup culture in the tech industry. Since then, the Park administration has launched a number of ...
Read More »2016: The year of the commodities buyer
A world “drowning in oversupply†of oil and other commodities could make 2016 a super-cheap year for Asia’s major resource importers such as China and Japan. However, the drag on growth for commodity exporters is putting yet more pressure on emerging markets, according to the World Bank. In a January 26 report, the Washington-based lender cut its forecast for crude ...
Read More »Bridging the gap
A more productive and sustainable world is a world with a higher standard of living and quality of life for everyone. At Rockwell Automation, resources are squarely focused on turning this aspiration into a reality. Through the power of industrial automation technology, it develops innovative solutions that help customers achieve smart, safe, sustainable operations in a wide range of industries ...
Read More »On road to sustainable, knowledge-based economy
With innovation as byword for development, the UAE is taking a slew of steps to shore up its economy as it rings in 2016. All these plans are being chalked out with an eye on the future. From clean technologies to bio-technology and space research, achieving sustainability is what fuels these long-term projects. Putting focus on inclusive growth, the UAE ...
Read More »Disruptive technology, fluctuating oil market to dominate global economy
A new wave of disruptive technology and on-going instability in energy markets are likely to be two of the dominant trends affecting the global economy in 2016, according to experts speaking at The Euromoney Qatar Conference, which was held last month. The two key issues were examined in detail during panel discussions, involving high-profile speakers. On the ‘Technology and Finance’ ...
Read More »Decarbonising economies need continued innovation, investment
Continuous real estate developments, almost round-the-clock air conditioning, rolling of new vehicles on roads nearly everyday and busy airline industry in the United Arab of Emirates (UAE)…. Certainly an overload on the ecosystem. Despite all this, UAE has pioneered the art of maintaining an evenness in its ecology by adopting an assortment of eco-friendly practices and following world-class sustainable activities ...
Read More »â€˜User-friendly technology’ new mantra to dominate aircraft sector
Gone are the days when one used to think before stepping out for an air travel. Promising full comfort and ultra-modern facilities, airlines worldwide are welcoming passengers with open arms these days and have also won their trust magnanimously. Today, everybody seems to be on the move and is connected prominently with every nook and corner of the earth. Increased ...
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. ...
Read More »No Fed Rate Hike Good for Gold, Bad Sign for Economy
The much-anticipated decision by the Federal Reserve Board at the Sept. 17 meeting to hold interest rates near zero was met in the resource community with a mixture of relief and disappointment. The 9-to-1 vote citing global economic pressure on inflation left open the possibility of a hike at the December meeting. The Gold Report asked the experts in the ...
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