Most Asia stocks slide on Fed officials' rate comments, dollar firms
By Nichola Saminather | SINGAPORE SINGAPORE Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year.European markets also looked set for a weak start, with financial spreadbetters expecting Germany's DAX to open down 0.7 percent, and the blue-chip Euro Stoxx 50to begin the day 0.6 percent lower. British markets are closed for a holiday. MSCI's broad..>> view originalThe Dakota Access Pipeline and 'the Law of Christendom'
Approval of the colonizing Dakota Access Pipeline project by the U.S. Army Corps of Engineers and the resulting conflict with the Standing Rock Sioux Nation has a historical context. That context consists of the ideas and mental patterns of Western Christendom which the United States has used and continues to use against our nations and peoples. Those ideas and patterns of argumentation are now being tacitly used against the Standing Rock Dakota and the Oceti Sakowin (Seven Council Fires of the ..>> view originalUber, Careem Suspend Services in UAE Capital
Ride-hailing services Uber and Careem have suspended services in Abu Dhabi, the capital of the United Arab Emirates, since Saturday and did not know when they could resume operations, they said on Sunday. “This is a temporary suspension and we will let you know of any further updates,” an Uber spokesman in Dubai said via email. He did not respond to a question on the reason for the suspension. Christian Eid, vice-president of marketing and communications for Careem, a Dubai-based company, said ..>> view originalPersonal finance: Pushing back retirement age to 70 would be harder on low-income workers
It sounds like a simple fix to the nation’s immense problem of funding Social Security and Medicare for an aging country — just get everyone to work to 70, and the math works out a lot better.But this idea, despite being embraced by a number of politicians, has a long way to go. It’s being challenged in academic circles as a new form of inequality. This one has been dubbed “longevity inequality.”The argument made against a retirement age of 70 is that it’s not fair to people in the types of jobs..>> view originalChina's new plan to build a world-class aircraft engine
China has set up a new state-owned aviation firm to help meet one its top tech goals: building a world-class aircraft engine. The new company, the Aero Engine Corp. of China (AECC), will be responsible for the research, development and manufacturing of aircraft engines and gas turbines, according to Chinese state media. The company has 50 billion yuan ($7.5 billion) in registered capital, and already boasts 96,000 employees. The new firm is part of China's drive to become a global aviatio..>> view originalAmazon's Experiment With A 30 Hour Work Week - Going Cruising For Talent Among Women With Children
Drones meet drought in skies of storied California farmland
LOS BANOS, Calif. — A drone whirred to life in a cloud of dust, then shot hundreds of feet skyward for a bird’s-eye view of a vast tomato field in California’s Central Valley, the nation’s most productive farming region. Equipped with a state-of-the-art thermal camera, the drone crisscrossed the field, scanning it for cool, soggy patches where a gopher may have chewed through the buried drip irrigation line and caused a leak. In the drought-prone West, where every drop of water counts, Californ..>> view originalOil prices fall over 1 pct on rising Iraq output, strong dollar
By Henning Gloystein | SINGAPORE SINGAPORE Oil prices fell over 1 percent on Monday after the U.S. dollar jumped, with markets pressured as Iraq's production rose and as Iran said it would only cooperate in talks to freeze output if fellow exporters recognised its right to fully regain market share.Brent crude futures were trading at $49.22 per barrel at 0644 GMT, down 70 cents, or 1.4 percent, from their previous close.U.S. West Texas Intermediate (WTI) crude was down 75 cents, or 1.6 perce..>> view original
Thursday, September 1, 2016
Most Asia stocks slide on Fed officials' rate comments, dollar firms and other top stories.
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