The Federal Reserve might be doing the right thing for the US economy by moving to bring interest rates back up to normal. But for foreign companies and governments that have borrowed trillions of US dollars, the adjustment could be painful. Thanks in large part to a prolonged period of extremely low US interest rates, borrowers around the world …

  North Korea launched yet another missile. The missile test, though it turned out to be damp-squib, is nevertheless evidence of Pyongyang’s continued determination to develop intercontinental ballistic missile (ICBM). It seems there is nothing which can hold it back from pursuing its nuclear ambitions. North Korea is pushing hard to upgrade its weapons systems to cope with the so …

  Abu Dhabi / WAM Khalifa University was ranked the 76th best university in Asia, according to the latest Times Higher Education (THE) Asia University Rankings. This prestigious placement follows the decade-old university’s naming as the top university in the UAE, according to 2016 THE World University Rankings and QS 2016 World University Ranking. In addition, the university was ranked fourth …