Bloomberg For some China investors, the outlook for bonds is becoming a compelling reason to buy stocks. December’s debt selloff, the biggest in six years, may just be the start as policy makers crack down on speculative trading, according to HFT Investment Management Co. With the Shanghai Composite Index one and a half years on from its own bubble ...

  Abu Dhabi / Emirates Business Etihad Airways on Thursday announced its Abu Dhabi – Düsseldorf route will be operated 14 times a week with the addition of a new daily service, effective March 26. The double daily schedule will provide greater choice to local passengers travelling between Abu Dhabi and Düsseldorf, and further increase connectivity to and from Germany ...

  Sharjah / Emirates Business As the fifth edition of the Sharjah Children Biennial continues to display the outstanding work of international young artists, Her Excellency Noura bint Mohammed Al Kaabi, Minister of State for Federal National Council (FNC), and Sheikha Alia Al Qasimi, Founder of ‘Minbart’ visited the event at Sharjah Art Museum. On their first leg of their ...

  Dubai / Emirates Business The Mohammed bin Rashid Al Maktoum Foundation (MBRF) – a member of the Mohammed bin Rashid Global Initiatives – is set to expand its “A Book in Minutes” initiative, which has already published up to 105 books. Launched by the Foundation three years ago, the initiative seeks to promote reading and to spread knowledge to ...

  Dubai / Emirates Business Continuing its expansion program, Careem, the region’s leading ride-hailing service, has now expanded to more than 50 cities across the broader MENASA (Middle East, North Africa and South Asia) region, including Turkey and three new cities in Pakistan. Mudassir Sheikha, co-founder and CEO of Careem, said, “Our main focus is to broaden and deepen our ...

  Abu Dhabi / Emirates Business Masdar Institute of Science and Technology, (MIST) an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, signed a memorandum of understanding with French company Thales/Thales Alenia Space and French engineering university MINES ParisTech to develop applications for the StratobusTM drone-satellite hybrid airship. In the presence of the French ambassador to the ...

  Bloomberg As diamond traders descend on Botswana this week for one of the year’s biggest sales, the $14 billion industry is struggling to recover from India’s war on black money. De Beers, the world’s top producer of gems, will offer customers concessions for a second consecutive buying round to support the market, according to people familiar with the process, ...

  Bloomberg The rust-belt province of Liaoning fabricated fiscal numbers from 2011 to 2014, local officials have said, raising fresh doubts about the accuracy of China’s economic data just days ahead of the release of the nation’s full-year growth report. City and county governments in the northwestern region committed fiscal data fraud in the period, Governor Chen Qiufa said at ...

  SEOUL / AP The family smartphones? An assortment of Samsung Galaxies. The flat-screen TV that illuminates the living room? A Samsung SUHD, with the brand name sparkling on the nameplate. The maker of the digital toilet seat? You guessed it: Samsung. It’s difficult for people outside South Korea to fully grasp what Samsung, a truly global brand, means inside ...

  Wiesbaden / AFP Toshiba Corp., facing billions of dollars of writeoffs in its nuclear business, is considering spinning off its well-performing flash-memory unit to raise funds. Toshiba is considering an infusion of cash as part of the spinoff, said Kaori Hiraki, a spokeswoman for the Tokyo-based company. While a spinoff is one of the options, nothing has been decided ...