News

South Korean President Yoon Suk Yeol issued an apology to the nation over a deadly pre-Halloween crowd crush, with members of his government facing criticism over management of the incident that killed at least 156 people. “I am sorry and apologetic to the bereaved families, who are facing tragedy that cannot be expressed in words, and to the people who ...

Pakistan’s former premier Imran Khan will call on his supporters to resume a march to Islamabad and continue pushing for early elections after being released from a hospital for treatment of a leg wound sustained in a shooting at a public rally. Khan will address his supporters virtually on Wednesday, and their march will restart from the spot where he ...

Malaysian opposition leader Anwar Ibrahim said his Pakatan Harapan’s alliance is confident of securing a simple majority even in the face of a multi-cornered fight in this month’s general election. “I have been on the ground, and yes it is a tight race,” Anwar, 75, told Bloomberg Television’s Haslinda Amin in an interview Monday. “But we can move further into ...

Abu Dhabi / GULF TIME Etihad Guest, the frequent flyer programme of the UAE’s national airline Etihad Airways, has partnered with The National Aquarium Abu Dhabi, the largest aquarium in the Middle East. The aquarium will participate in the “Miles on the Go” programme for Etihad Guest members to benefit from every time they visit. Etihad Guest members can now ...

Dubai / WAM An engaging calendar of events will attract visitors of all ages and backgrounds to support global climate change mitigation as Expo City Dubai, proud host of COP28 – The Emirates Climate Conference with the UNFCCC, begins the one-year countdown to the global summit. Thought-provoking youth discussions, performances, exhibitions and more will feature as part of Expo City ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Al Yah Satellite Communications Company (Yahsat) on Monday announced a collaboration to accelerate startup technology adoption in satellite communications. Through this partnership, Yahsat will work with founders in the Hub71 community to advance technological innovations that support the development of the UAE’s mobile satellite capabilities. The first contract resulting ...

US equity-index futures rose and a bond selloff stalled as some investors bet a period of disinflation has already begun and the midterm election results will be favourable to markets. Contracts on the S&P 500 and Nasdaq 100 indexes added at least 0.4% each after dropping earlier. Most Treasuries erased losses, leaving only the two-year yield higher on the day. ...

Tesla Inc is sending engineers and production staff from its recently upgraded Shanghai factory to its plant in Fremont, California, in a bid to boost production at the US facility. The Elon Musk-led carmaker will dispatch staff — in particular automation and control engineers — to assist efforts to increase output in Fremont, where Tesla produces the Model S, X, ...

Chinese markets are facing another volatile week after health officials vowed to “unswervingly” stick to the country’s Covid Zero approach, damping investor optimism that Beijing was working towards easing restrictions. Assets from equities to oil rallied last week on convictions that China is taking concrete steps toward reopening. The Hang Seng China Enterprises Index had its best weekly gain since ...

Apple Inc.’s Taiwanese contract manufacturer Pegatron Corp. has begun assembling the company’s latest iPhone 14 model in India. That move makes Pegatron the second Apple supplier to produce the iPhone 14 in the country. It comes at a time when Apple’s key iPhone Pro manufacturing hub in the Chinese city of Zhengzhou — operated by Foxconn Technology Group — was ...