Bloomberg Turkey’s central bank unexpectedly kept all of its three main interest rates unchanged, and said a “cautious monetary policy” would be maintained as it assesses the impact of a weaker lira on inflation. The lira reversed gains. The bank kept one-week repurchase, overnight lending and borrowing rates unchanged at 8 percent, 8.5 percent and 7.25 percent respectively, it ...

  Dubai / Emirates Business For the third consecutive year, Global Investor, the leading international publication specialising in asset management, named Barclays the ‘Wealth Manager of the Year’ in the Middle East. The award, which was announced during the 2016 Global Investor/ISF MENA Awards ceremony in Dubai, reflects Barclays’ long-standing position as a leader in the Wealth and Investment Management ...

  Bloomberg Deutsche Bank AG, the lender pulling back from some trading businesses, is beefing up its Asia-Pacific equity-derivatives unit as it looks to capitalize on expected demand for quantitative strategies from local investors. David Bruchet, formerly of Societe Generale SA, will join the German bank in Hong Kong as an index equity-derivatives trader at the end of January, said ...

  Bloomberg When the spindle broke off his wife’s sewing machine, Michael Sorkin refused to replace the device. Instead, he bought a 3-D printer and built the part himself. Four years later, he’s using the technology to change how to make the Swiss watch you might get for Christmas. On a rainy afternoon in Sorkin’s company’s dimly lit office in ...

  Sydney/ AFP An underwater robot has captured a rare glimpse beneath the Antarctic sea ice, revealing a colourful world filled with coconut-shaped sponges, dandelion-like worms, pink algae and spidery starfish. The Australian Antarctic Division (AAD) took footage on a camera attached to a Remotely Operated Vehicle sent down by scientists through a small hole drilled in the ice as ...

  Relaxnews Until charging points are as plentiful as gas stations and topping up batteries as fast as filling a traditional fuel tank, many will still think twice about buying an electric car. But what if every time an electric car was stationary its batteries were automatically charging? GM has just become the first US carmaker to deliver on its ...

  Realxnews Australian tech firm HButler is showcasing a new line of ladies’ purses and handbags that can recharge a smartphone at January’s Las Vegas consumer technology show (CES). “Fashion and form are important, but so too is function — the modern-day accessory needs to not only hold your personal tech items, but keep them charged and ready for use,” ...

  Relaxnews The LG ProBeam will be marketed as a compact consumer projector with professional performance when it goes on sale after its global debut at CES 2017 this January. Though LG has built a solid reputation for the quality of its high-end LED projectors, this new device is the first that it has built specifically for use in and ...

  DPA When Andrea Thode was on holiday at the German seaside on the Baltic coast, she headed straight for a relic of a bygone era: a rack of postcards on sale at a souvenir shop. Postcards may be a phenomenon of the century before digital communication, but for Thode and her husband, Dirk, sending postcards to her kids, neighbours ...

  DPA Tadashi Sakamoto yanks a sweet potato out of the loose soil. Dark earth trickles through the farmer’s hands. “Volcanic ash is ideal for growing sweet potatoes,” says the 57-year-old, squinting in the sunlight towards the nearby Kaimondake volcano. The 924-metre-high volcano, which last erupted in the late 9th century, rises majestically from the surrounding fields in Kagoshima Prefecture. ...