US jobs report comes into view

The US dollar stood little altered on its small improvement from the last day bogging down as investors began to take a waitandsee approach ahead of Friday’s US jobs report. PICTURE: REUTERS [TOKYO] The US dollar stood little altered early on Wednesday, its small improvement from the last day bogging down as investors began to take a waitandsee approach ahead …

Turkey’s inflation reaches double digits in February for first time since 2012

ANKARA – Anadolu Agency Turkey’s yearly consumer price inflation strike 10.13 percent in February, striking double digits for the first time since April 2012 and coming in higher than analysts’ expectancies, as transport and health prices increased, according to official data. Consumer prices were up 0.81 percent, when compared with January, surpassing predictions, data from the Turkish Statistics Institute (TÜİK) …

Jaws on big screen with live orchestra

CENK ERDEM Some of the very iconic horror movies ever, Steven Spielberg’s unforgettable “Jaws” is set to take stage at London’s Royal Albert Hall together with the accompaniment of BBC Concert Orchestra for this particular year’s Festival of Film. BBC Concert Orchestra will perform John Williams’ celebrated score in the Royal Albert Hall’s renowned auditorium. The orchestra and picture screening …

Asean sanctuary standing gives concern to Thai central bank to baht

Bank of Thailand governor Veerathai Santiprabhob said Feb 23 that foreigners saw the state as a “safe haven” as well as the baht’s strength was not helping the market. PICTURE: REUTERS [BANGKOK] Thailand’s popularity among bond investors is developing a problem for policy makers counting on tourism and exports to drive increase. Some US$2.1 billion of foreign money has flowed …

Australia, NZ dollars demanded as returns move against them

The Australian and New Zealand dollars were on the defensive on Monday as the building threat of an impending rise in US interest rates eroded the monies’ return advantage over the US dollar. PICTURE: BLOOMBERG [SYDNEY] The Australian and New Zealand dollars were on the defensive on Monday as the building threat of an impending rise in US interest rates …

Hazard supervisors to transfer into independent component: sources

Goldman Sachs Group Inc intends to transfer its risk management team into an unaffiliated component, individuals comfortable with the issue said, a move that’s mostly symbolic but indicates its growing significance. PICTURE: REUTERS [NEW YORK] Goldman Sachs Group Inc intends to transfer its risk management team into an unaffiliated component, individuals comfortable with the issue said, a move that’s mostly …

As Yellen signals rate rise uS dollar slips

The US dollar fell against a basket of major currencies on Friday after Federal Reserve Chair Janet Yellen stated that this month, increasing interest rates would be suitable provided that the market continues to improve as expected. PICTURE: BLOOMBERG [NEW YORK] The US dollar fell against a basket of major currencies on Friday after Federal Reserve Chair Janet Yellen stated …

Mehmet Aksoy returns with new show that is Istanbul

ISTANBUL An exhibition is going to be revealed through April 20 at Istanbul’s Anna Laudel Contemporary. “Esoteric Illusions in the Wind of the Hammer, the exhibit indicates the return of Aksoy’s exceptional aesthetic after five years of seclusion. The show may be thought of as a system highlight for Anna Laudel Contemporary, which started in Karaköy in the old finance …

New York museums wage war that is ethnic

NEW YORK – AFP Museums across New York bending the gentle power of artwork, are waging a cultural war on bias in Donald Trump’s America and photos to compound the citywide climate of demonstration. From discussions about Islamic artwork to a Muslim exhibit, expanding a kids’s exhibit and swapping Picasso and Matisse for Iraqi, Sudanese and Iranian artists, museums have …

Profits climb at SocGen's auto leasing arm ALD Automotive ahead of IPO

ALD Automotive, the auto leasing arm of French bank Societe Generale, reported on Friday a 21 per cent rise in its net profits this past year, as it prepares for a market flotation that could value it at more than 6 billion euros (S$8.915 billion). PICTURE: BLOOMBERG NEWS [PARIS] ALD Automotive, the auto leasing arm of French bank Societe Generale, …