March, 2016

• 13 March

  MH370 family sues Malaysia Airlines in Australia

  

  Sydney / AFP The family of MH370 passenger New Zealander Paul Weeks is suing Malaysia Airlines in an Australian court for the “sudden shock” and “mental harm” they suffered after the plane vanished, a report said on Sunday. Weeks, who was based in the West Australian city of Perth, was one of 239 people on board the Boeing 777 Kuala ...

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• 13 March

  North Korea slams Seoul’s cyber attack accusations

  Seoul / AFP North Korea on Sunday blasted Seoul’s accusation that Pyongyang had launched a series of cyber attacks targeting South Korean government officials, calling the allegation a “bullshit” fabrication. Seoul’s National Intelligence Service (NIS) last week accused North Korean agents of hacking into the smartphones of dozens of key South Korean officials, stealing phone numbers and texts. The accusation ...

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• 13 March

  Merkel’s party faces backlash in state polls

  

  Seoul / AFP Chancellor Angela Merkel’s party braced for a backlash in key state polls on Sunday over the German leader’s liberal refugee policy, while the right-wing populist AfD prepared to scoop up the protest vote from angry voters. More than 12 million voters headed to the ballot box to elect three new regional parliaments for the southwestern states of ...

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• 13 March

  Obama said to winnow Supreme Court nominees to three finalists

  

  Bloomberg President Barack Obama has narrowed to three finalists a list of potential US Supreme Court nominees to replace the late Justice Antonin Scalia, all of them federal appeals judges, according to a person familiar with the matter. The candidates are Merrick Garland, Sri Srinivasan and Paul Watford, said the person, who asked not to be identified because the details ...

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• 13 March

  The biggest surprise about Syria diplomacy

  

  The head of the Syrian opposition said he’s going to Geneva for the next round of U.S.-Russian-sponsored peace talks (being held today), even though the opposition rejects any future role for President Bashar al-Assad, whose regime will be the other party in the talks. The Syria diplomacy might be described as “the art of the impossible,” borrowing the title of ...

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• 13 March

  Graft-tainted Lula faces challenge to come clean

  The corruption probe that former Brazilian President Luiz Inacio Lula da Silva is facing, seems more politically-motivated. Though, he has to come clean. He was detained briefly for questioning over a massive embezzlement and bribery conspiracy revolving around state oil giant Petrobras. It is not yet clear whether reports that Lula has hinted the possibility of running for the presidency ...

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• 13 March

  India opens up to Japan aid in Andamans

  The Andaman and Nicobar Islands, located in the Bay of Bengal, northwest of the pivotal maritime choke point at the Strait of Malacca, are an immensely valuable geopolitical asset for India, particularly as it looks to ‘Act East’ and play an increasingly more visible role in the eastern Indian Ocean and beyond. The islands host an Indian tri-service command, the ...

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• 13 March

  What’s behind China’s offer of military aid to Afghanistan?

  

  China has offered to expand its military aid to Afghanistan, the Wall Street Journal reports, following a visit to the country by a top Chinese general. Outlook Afghanistan put the total value of the proffered military aid at 480 renminibi ($73 million). The offer came during a visit to Afghanistan by General Fang Fenghui, chief of China’s joint staff department, ...

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• 13 March

  Dubai stocks gain most in ME as ECB spurs risk appetite

  

  BLOOMBERG Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate. The DFM General Index climbed 1.4 percent to 3,401.03, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, added 4.6 percent to ...

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• 13 March

  Emirates Securities Market Report down by -0.42%

  

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.42% to close at 4491.06 points. Accordingly the Market Capitalization has lost AED 3.04 billion attaining AED 728.51 billion. A total of 0.83 Billion Shares were traded with a total value of AED 1.13 billion during the trading session of 13-03-2016 through 9679 transactions. The number of companies which ...

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