In northern Siberia, rising temperatures are causing mysterious giant craters — and even more dire consequences could be in store, say climate scientists. The Russian province’s long-frozen ground, called permafrost, is thawing, triggering massive changes to the region’s landscape and ecology. It could even threaten human lives. “The last time we saw a permafrost melting […]
Read moreBarely a month after approving the inclusion of Chinese shares in its benchmark emerging market index, MSCI is warning that companies in China that suspend trading in their shares for too long risk being dropped. MSCI’s head of research for Asia Pacific, Chin Ping Chia, said China was an outlier in global markets with too […]
Read moreSeveral high profile Chinese firms may be on the receiving end of government scrutiny over their overseas acquisitions, but the authorities are not cracking down on foreign investments, a Beijing-backed think tanker said. “The Chinese government is not discouraging overseas investment. It’s just that the government has started regulating overseas investment,” Cao Wenlian, director general […]
Read moreChina is set to report its official manufacturing Purchasing Managers’ Index for the month of July on Monday. Economists were expecting that PMI number to come in a 51.6 for July, just slightly slower from June’s 51.7 reading, according to a poll by Reuters. Levels above 50 indicate expansion, while levels below signal contraction. Earier […]
Read moreJapan’s industrial output rose 1.6 percent in June from the previous month due to higher production of cars and chemicals, preliminary government data showed on Monday, in a sign of a pickup in manufacturing activity. The result compared with the median estimate of a 1.7 percent increase in a Reuters poll of economists. It followed […]
Read moreGeopolitical tensions in the Korean Peninsula ramped up in recent days and the dollar slipped on the back of U.S. GDP figures ahead of the market open in Asia Monday. U.S. GDP grew at 2.6 percent in the second quarter, according to the Commerce Department’s advanced estimate released Friday. While the reading met expectations, the […]
Read moreAs the German election campaign gets more robust in the run-up to September 24, you will probably see the euro issues moving center stage. The Socialist challenger Martin Schultz unsuccessfully tried to attack using Germany’s contested migration/refugee policies. He is now turning to the future of the monetary union and the damage caused by a […]
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The entire class is a collection of floating, comfort-focused barges. Don’t expect much in terms of handling or driving fun, because if you care about those things you shouldn’t be buying a 16-foot-long sedan. In terms of achieving that class-hallmark comfort, the Kia does a reasonable job. Body motions are more controlled than many full-sizers, […]
Read moreMusic lovers take note: A new pair of headphones on the market will test your hearing — courtesy of a digital assistant that greets you upon activation — in order to pump high-definition sound into your eardrums. At a time when headphone manufacturers are elevating their technology game to compete against one another, Israel-based startup […]
Read moreThe wearables market appears to be in its death throes. Jawbone is reportedly going out of business. Fitbit has struggled to meet earnings estimates. And Intel just quietly shut down its wearables division. But industry experts I spoke to in recent weeks aren’t quite ready to pull the plug on the trend. Investors are still […]
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