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Why Oz must go with Germany for future sub plan

Australia is in the midst of evaluating its strategic partner for SEA1000, the Future Submarine Project. As Andrew Davies, director of the Australia Strategic Policy Institute, wrote, this is a “wonderful case study of defense acquisition” spanning “every aspect of defense decision-making from long-term strategic crystal ball gazing, including the possible impact of future technologies, through military strategy development and ...

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Emirates Securities Market down by -0.61%

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.61% to close at 4367.17 points. Accordingly the Market Capitalization has lost AED 4.31 billion attaining AED 708.41 billion. A total of 2.16 billion shares were traded with a total value of AED 2.8 billion during the trading session of 02-03-2016 through 22489 transactions. The number of companies which ...

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Global stocks rally as growth concerns fade

Bloomberg A global equities rally gathered momentum in Asian trading and emerging-market currencies strengthened as economic data from the U.S. and Australia spurred risk-taking. Copper rose and gold fell. Benchmark share gauges jumped more than 3 percent in China, Hong Kong and Japan, while the Stoxx Europe 600 Index climbed for a fifth day. Australia’s dollar rose for a third ...

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