Japan’s plan to tame bullish Yen to sensitise its exports has drawn criticism from G7 ministers’ meeting, which brought together finance ministers and central bank governors from Britain, Canada, Italy, France, Germany, Japan and the US, plus leaders from the International Monetary Fund, World Bank and European Union. Tokyo’s repeated threats to intervene in forex markets to reverse a ...

Sara Hsu SPECIAL TO EMIRATES BUSINESS China’s peer-to-peer (P2P) lending sector has witnessed expansion in recent years, despite periodic clampdowns on excessive risk. This has led to on-again, off-again surges in activity in this shadow banking sector. In some cases, criminal activity has highlighted the perils of borrowing or lending through this industry, but the loan availability for borrowers and ...

Vu Minh Khanh was in Washington last week to address a congressional hearing. As the wife of the respected Vietnamese human rights lawyer Nguyen Van Dai, she vividly recalled her husband’s ordeal. He has been missing ever since he was arrested last December. She knows he is in police custody but is unaware of his whereabouts and fears for his ...

  The U.S.-Japan and U.S.-ROK alliances have survived the Cold War, drastic regime change, and global economic turmoil, but can they withstand a full-on assault by U.S. presidential candidate Donald Trump? Trump’s fiery, and even racist, rhetoric has U.S. allies worried about the future direction of U.S. foreign policy and presence in East Asia. When examining alliances, scholars and alliance ...

  Google’s annual developers’ conference, known as the I/O, has now become what Apple’s events have ceased to be: A window into the near future of consumer tech. This year’s event revealed two important bets Google is making for the post-smartphone era. The short version of Google’s (for the sake of convenience I will keep calling it that rather than ...

  Abu Dhabi / WAM The e-Dirham system, launched and managed by the Ministry of Finance (MoF) in partnership with the National Bank of Abu Dhabi, recently received the Certification of Compliance in Payment Card Industry Data Security Standard (PCI DSS). This certification conferred by Trustwave Holdings, is particularly for the system’s 11 components and for the security compliance of its ...

  Abu Dhabi / Emirates Business Jotun, the leading paint manufacturer in the Middle East, is showcasing latest trends of wall designs at the 2016 International Design Exhibition (INDEX) which will be held from May 23-26 at the Dubai World Trade Centre. Showcasing different designed spaces, Jotun will highlight the latest shades and textures in the world of colour for ...

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture) announced a host of new and exciting initiatives for the SIKKA Art Fair’s 2017 edition. The SIKKA Art Fair, Dubai Art Season’s flagship initiative, is held under the patronage of Her Highness Sheikha Latifa Bint Mohammed Bin Rashid Al Maktoum, Vice Chairman of the Dubai Culture & Arts ...

  Dubai / Emirates Business Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and financial institutions with emerging markets across the Middle East, Africa & South Asia (MEASA), marked a strong participation at City Week 2016 in London. Showcasing its unique offering among the world’s financial industry, DIFC explained its distinct proposition to key firms during ...

  Sharjah / Emirates Business The Etisalat Award for Arabic Children’s Literature, sponsored by Emirates Telecommunications Corpor- ation (Etisalat) and organised by the UAE Board on Books for Young People (UAEBBY), held a number of discussion panels at two schools in the Northern emirates — one at Umm Al Shahid primary school in Umm Al Quwain and one at Salem ...