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Indian bourses to stop licensing index, stock prices to foreign exchanges

Posted: 10 Feb 2018 01:49 PM PST

Author: 
Reuters
ID: 
1518298602123124700
Fri, 2018-02-09 22:08

MUMBAI: India's three main stock exchanges said on Friday they would stop licensing their indexes and securities or providing data to foreign exchanges, saying such agreements had led trading to migrate outside of the country.
Foreign markets now offer dollar-based derivative contracts based on Indian indexes, shares and other securities under licensing agreements with Indian exchanges, allowing overseas investors to gain exposure to Asia's third-largest economy without having to trade onshore.

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Pakistani tribesmen call off sit-in, reject Ghani’s support of their protest

Posted: 10 Feb 2018 01:41 PM PST

Author: 
AAMIR SHAH & SYED SALAHUDDIN
ID: 
1518298839073150200
Sun, 2018-02-11 03:38

ISLAMABAD/KABUL: Pakistan's tribesmen, who have been protesting since Feb. 1 to seek justice for Naqeebullah Mehsud, have formally announced they will call off their sit-in after the government assured them in writing it will fulfil their demands within a month.
Prime Minister Shahid Khaqan Abbasi has accepted two out of five demands put forth by the tribesmen including the arrest and bringing the accused Rao Anwar to justice as soon as possible, and clearance of land mines from the Federally Administered Tribal Areas (FATA).

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Alibaba wants to help everyone make more money from Olympics

Posted: 10 Feb 2018 01:30 PM PST

Author: 
Reuters
ID: 
1518298096233068300
Sat, 2018-02-10 15:51

PYEONGCHANG: Alibaba Group Holding is launching a project that will create a "smarter" and more connected athletes' village and stadia and make all Olympics stakeholders "more money", its executives said on Saturday.
Many of Alibaba's plans are still concepts since it has not had enough time to implement its technology after signing a deal last year worth hundreds of millions of dollars as a cloud and e-commerce partner with the International Olympic Committee.

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Lebanon asks UN Security Council to pressure Israel after ‘airspace violation’

Posted: 10 Feb 2018 01:30 PM PST

Author: 
Najia Houssari
ID: 
1518298197693077700
Sun, 2018-02-11 03:00

BEIRUT: Officials in Lebanon closely followed the recent military developments between Israel and Syria, and noted the fall of fragments from rockets used in the confrontation in the Bekaa and southern Lebanon areas.
President Michel Aoun consulted with Parliament Speaker Nabih Berri and Prime Minister Saad Hariri, who is outside Lebanon, about the position to be taken in this regard.

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Lebanon joins hunt for energy riches in Levant Basin

Posted: 10 Feb 2018 01:18 PM PST

Author: 
RICHARD WACHMAN
ID: 
1518297118812998500
Sat, 2018-02-10 00:03

LONDON: Lebanon has pledged to go ahead with oil and gas exploration near its disputed maritime border with Israel, despite Israel's Defense Minister describing the move as "very provocative".
Defense Minister Avigdor Lieberman was quoted by Reuters as saying: "When they issue a tender on a gas field, including Block 9, which by any standard is ours ... this is very, very challenging and provocative conduct here."

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Scramble for gas in eastern Med begins to overheat

Posted: 10 Feb 2018 12:52 PM PST

Author: 
RICHARD WACHMAN
ID: 
1518295294822879400
Fri, 2018-02-09 23:47

LONDON: Tensions are building in the eastern Mediterranean as the dash for gas is fraying tempers in a region of significant geopolitical tension already.
Gas exploration and development in the energy-rich Levant Basin and adjacent areas has raised fresh issues as countries scramble to make discoveries, sometimes in disputed waters.
In recent days, Egypt has delivered strong words to Turkey and warned Istanbul to step back from explorations near Cyprus where it negotiated concessions wth the Greek Cypriots in 2013.

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Indian Prime Minister Modi arrives in UAE

Posted: 10 Feb 2018 12:47 PM PST

Author: 
AMNA EHTESHAM KHAISHGI
ID: 
1518295594742897900
Sun, 2018-02-11 02:41

DUBAI: Indian Prime Minister Narendra Modi arrived in Abu Dhabi on Saturday evening.
He was received by Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at his residential palace. The Indian leader is to attend a banquet in the Emirati capital. 

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Putin urges Netanyahu to avoid escalation in Syria

Posted: 10 Feb 2018 12:37 PM PST

Author: 
Reuters
ID: 
1518294269322774200
Sat, 2018-02-10 23:20

MOSCOW: Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu discussed the situation in Syria in a telephone call on Saturday after heavy Israeli air strikes in the country, Interfax news agency cited the Kremlin as saying.
"They discussed the situation around the actions of the Israeli air force, which carried our missile strikes on targets in Syria," Interfax quoted the Kremlin as saying.
Putin told Netanyahu there was a need to avoid any steps that would lead to a new confrontation in the region, Interfax reported.

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Syria clashes kill more than 30 Daesh militants: monitor

Posted: 10 Feb 2018 11:40 AM PST

Author: 
AFP
ID: 
1518289545242285300
Sat, 2018-02-10 22:01

BEIRUT: More than 30 Daesh militants were killed in fierce clashes on Saturday with Syrian regime forces in the northwestern province of Idlib, a war monitor said.
The head of the Britain-based Syrian Observatory for Human Rights war monitor, Rami Abdel Rahman, said Saturday's fighting between Daesh and regime troops killed 32 extremists.
Troops loyal to Syrian President Bashar Al-Assad launched an offensive on Idlib December to retake the southeast of the province controlled by another group of extremists, the Hayat Tahrir Al-Sham (HTS).

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