HONG KONG : Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of the Dubai Financial Services Authority (DFSA), as warming ties between China and the Middle East continue to offer business opportunities. “(Chinese) investment management and asset management firms have been […]
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SYDNEY: Taiwanese diplomats today said they were confident of retaining “a strong bond” with key partner Tuvalu as speculation mounted that the Pacific micronation could soon switch its allegiance to Beijing. The dwindling list of countries that officially recognise Taiwan shrunk earlier this month, when Nauru abruptly severed diplomatic ties […]
PALESTINIAN TERRITORIES: Combat raged in Khan Yunis in the southern Gaza Strip today, against a backdrop of negotiations aimed at bringing about a pause in fighting between Israel and Hamas in the absence of a long-term peace plan. The Palestine Red Crescent Society said early today that Israeli forces had […]
SEOUL: Seoul’s chief of police has been charged with professional negligence over the deadly 2022 Halloween crush that killed nearly 160 people, prosecutors in the South Korean capital said. On October 29, 2022, tens of thousands of people ― mostly in their 20s and 30s ― had been out to […]
WASHINGTON: US President Joe Biden yesterday said he spoke with Israeli Prime Minster Benjamin Netanyahu about possible solutions for creation of an independent state for Palestinians, noting that not all countries have their own militaries. Biden’s call with Netanyahu was the first in nearly a month, the White House said, […]
WASHINGTON: US fighter aircraft shot down an anti-ship cruise missile fired from Houthi militant areas of Yemen toward a US destroyer operating in the Southern Red Sea, the US military said yesterday. The midair interception is the latest incident in the Red Sea where the Houthis have been attacking international […]
NEW YORK: The holiday weekend brought dangerous freezing temperatures across much of the United States, snarling everything from political campaigning to football games and travel, and knocking power out to about 350,000 customers in the Northeast and Pacific Northwest. An Arctic blast from Canada caused temperatures to plummet across a […]
SANAA: Heavy US and British air strikes pounded targets in rebel-held Yemen early today after weeks of disruptive attacks on Red Sea shipping by Iran-backed Houthi forces. The strikes targeted an airbase, airports and a military camp, the Houthi rebels’ Al-Masirah TV station said, with AFP correspondents and witnesses also […]
COPENHAGEN: Denmark’s soon-to-be king and queen have sought to balance their royal jobs with a modern family life and an engagement in progressive causes, helping keep the monarchy relevant and popular in the Nordic country. Crown Prince Frederik, 55, will take the throne on Sunday, following his mother Queen Margrethe […]
THE HAGUE: Israel and South Africa face off at the UN’s top court from Thursday, after Pretoria accused Israel of “genocidal acts” in Gaza, charges the Israelis have dismissed as “blood libel”. In an 84-page submission to the International Court of Justice (ICJ), South Africa urged judges to order Israel […]