November, 2022

• 8 November

  South Korea’s Yoon apologises over deaths

  

  South Korean President Yoon Suk Yeol issued an apology to the nation over a deadly pre-Halloween crowd crush, with members of his government facing criticism over management of the incident that killed at least 156 people. “I am sorry and apologetic to the bereaved families, who are facing tragedy that cannot be expressed in words, and to the people who ...

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• 8 November

  Imran Khan to resume early elections push after being shot

  

  Pakistan’s former premier Imran Khan will call on his supporters to resume a march to Islamabad and continue pushing for early elections after being released from a hospital for treatment of a leg wound sustained in a shooting at a public rally. Khan will address his supporters virtually on Wednesday, and their march will restart from the spot where he ...

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• 8 November

  Anwar Ibrahim confident of simple majority in Malaysia polls

  

  Malaysian opposition leader Anwar Ibrahim said his Pakatan Harapan’s alliance is confident of securing a simple majority even in the face of a multi-cornered fight in this month’s general election. “I have been on the ground, and yes it is a tight race,” Anwar, 75, told Bloomberg Television’s Haslinda Amin in an interview Monday. “But we can move further into ...

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• 8 November

  Etihad Guest partners with largest aquarium in Mideast

  

  Abu Dhabi / GULF TIME Etihad Guest, the frequent flyer programme of the UAE’s national airline Etihad Airways, has partnered with The National Aquarium Abu Dhabi, the largest aquarium in the Middle East. The aquarium will participate in the “Miles on the Go” programme for Etihad Guest members to benefit from every time they visit. Etihad Guest members can now ...

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• 8 November

  Expo City Dubai kicks off calendar of events for climate-secure future

  

  Dubai / WAM An engaging calendar of events will attract visitors of all ages and backgrounds to support global climate change mitigation as Expo City Dubai, proud host of COP28 – The Emirates Climate Conference with the UNFCCC, begins the one-year countdown to the global summit. Thought-provoking youth discussions, performances, exhibitions and more will feature as part of Expo City ...

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• 8 November

  Hub71, Yahsat to advance tech for satellite operations from Abu Dhabi

  

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Al Yah Satellite Communications Company (Yahsat) on Monday announced a collaboration to accelerate startup technology adoption in satellite communications. Through this partnership, Yahsat will work with founders in the Hub71 community to advance technological innovations that support the development of the UAE’s mobile satellite capabilities. The first contract resulting ...

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• 8 November

  Hong Kong bankers fear for their careers

  

  Shuli Ren It was supposed to be a big celebration for Hong Kong. This week’s Global Financial Leaders’ Investment Summit, organized by the city’s central bank, was meant to showcase the revival of Hong Kong as Asia’s financial hub, after years of isolation that resulted from stringent Covid controls. But the mood is all gloom and doom. Since China’s Communist ...

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• 8 November

  It’s not just about the economy, stupid

  

  Stephen Mihm The midterms are here, and with it predictions that the nation’s economic woes will cost Democrats control of Congress. As one pundit on Fox News recently declared, political consultant James Carville’s 1992 adage, “It’s the economy, stupid,” still applies. Polling data seems to support this point of view. But applying a 30-year-old rule of thumb for a presidential ...

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• 8 November

  Kotak to recruit 20 investment bankers in bet on M&A recovery

  

  Kotak Mahindra Bank Ltd.’s investing banking arm is planning to expand its operation by hiring about 20 bankers, betting on a rebound in deals activity next year. The addition would mean a 25% increase to its current 80-strong investment banking unit, according to S Ramesh, managing director and chief executive officer of Kotak Investment Banking. The firm is looking to ...

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• 8 November

  PayPal, Apple to accept each other’s products

  

  PayPal Holdings Inc. announced it has reached a truce with Apple Inc. and the two technology giants will begin accepting each other’s products in their separate payment ecosystems. Starting next year, PayPal and Venmo debit cards will be accepted inside the Apple Wallet, meaning consumers will be able to use them anywhere Apple Pay is accepted, PayPal said in a ...

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