A New Zealand court on Friday approved a request by relatives of Malaysian businessman Low Taek Jho to appoint new trustees to fight the seizure of assets by the U.S. government in its investigation of the scandal-tainted 1MDB fund. Low and several family members stand to lose $260 million in assets held in New Zealand trusts that they benefited from after the U.S. government seized the assets in a California court proceeding. Assets included a aircraft, property in New York and the Viceroy L’Ermitage Hotel in Beverly Hills. In its ruling, the New Zealand High Court agreed to a request…
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China’s central bank is playing a dangerous game using the country’s foreign reserves to defend the yuan because it could leave the nation defenceless in an increasingly volatile world, a state researcher has warned. Zhang Ming, senior fellow at the Institute of World Economics and Politics under the Chinese Academy of Social Sciences, said the People’s Bank of China (PBOC) should take a hands-off approach to the currency and focus on safeguarding foreign exchange reserves. “Forex reserves are valuable assets that [China] can use at critical times. It’s a pity that they are being sold heavily in the market,” Zhang…
Microsoft will cut down the jobs of 700 employees in the coming fiscal year, i.e. 2017. Microsoft to cut 700 jobs this week RELATED STORIES Shivraj Singh Chouhan to teach students on January 28 JNU: Entrance examination fee hiked by 27 per cent Twinkle Khanna supports education for slum kids in India Miranda House wins Sanjay Shrivastava Memorial debate JKBOSE Results 2016: Class 12 Annual Examination (Kashmir Division) declared at jkbose.in In the last one year, all the newspapers have had screaming headlines of loss of thousands of jobs across the Information Technology/ IT software sector. As reported by Business…
“There was no negative marking due to which I marked all the answers with no fear,” says Bharti Chopra. CBSE UGC NET 2017: Paper analysis RELATED STORIES JNU: Entrance examination fee hiked by 27 per cent Twinkle Khanna supports education for slum kids in India Miranda House wins Sanjay Shrivastava Memorial debate JKBOSE Results 2016: Class 12 Annual Examination (Kashmir Division) declared at jkbose.in Shivraj Singh Chouhan to teach students on January 28 The Central Board of Secondary Education (CBSE) conducted UGC NET 2017 on January 22. The exam had three following papers: Paper 1: The exam comprised 60 questions…
Based on this inquiry, the Board may even remove the director of the institute or order any other action. In picture, IIM-Bangalore (File Photo) RELATED STORIES JNU: Entrance examination fee hiked by 27 per cent Twinkle Khanna supports education for slum kids in India Miranda House wins Sanjay Shrivastava Memorial debate JKBOSE Results 2016: Class 12 Annual Examination (Kashmir Division) declared at jkbose.in Shivraj Singh Chouhan to teach students on January 28 A bill to grant statutory powers to the IIMs and enable these prestigious institutes to give degrees is expected to be presented shortly to the Union Cabinet for…
Asus just jumped into the mini PC game with a solid choice for 4K video-capable entertainment computer. The company is currently selling the Asus Tinker Board in the UK and Europe with prices starting around 46 pounds—about $57. That’s quite a bit more than the top-end Raspberry Pi 3 Model B, which has an MSRP of $35 but usually sells for around $40. The 4K video support—including H.265 decoding—in Asus’ board is thanks to the Mali-T764 GPU lurking inside its quad-core, 1.8GHz Rockchip RK3288 SoC, as first reported by Hexus. In addition to 4K, the board also supports 192kHz/24-bit audio. The…
Now that Samsung has finally come clean on the cause of the Galaxy Note7 fires that spawned a global recall and a months-long flight ban, the focus can finally turn from blame to prevention. To safeguard against future issues, Samsung has implemented an 8-point Battery Safety Check Test, which “involves putting our batteries through extreme testing, inside and out, followed by careful inspection by X-ray and the human eye.” The extensive tests will be performed before all new devices that ship in an effort to create a new standard for battery safety. The story behind the story: Customers have been…
Mmm…Nougat. What better way to start a new year than with a fresh flavor for your favorite Android phone? Google’s latest major Android release may have officially launched last fall, but if you’re like most folks, you’ll probably be getting your first taste of Nougat—also known as Android 7—in 2017. If you want timely Android updates, Google’s own Nexus and Pixel phones are the only way to go—all other devices depend on third-party manufacturers to prepare and provide rollouts. And as we see time and time again, that tends to result in slow and uncertain progress. Once you’ve got the…
The Samsung Galaxy S6 and Galaxy S6 edge smartphones are all set to receive the Nougat update as a device with model number SM-G920V and Android version 7.0 has been certified by the WiFi Alliance (WFA). While the SM-G920 series is for the Galaxy S6, it’s reasonable to assume that a Nougat-powered edge variant will also receive the certification sooner than later. The Nougat update for the Galaxy S7 and S7 edge is already rolling out, and the South Korean company has also announced a list of other devices that will be getting Nougat in H1 2017. The list includes…
The Huawei P10 is responsible for a solid share of the rumors coming in recently, the latest being a set of renders which supposedly depict the upcoming flagship. Today, word got out that the P10 will be the most expensive P-series device Huawei’s made. Huawei P9 Courtesy of the usually reliable Ricciolo (Twitter handle @ricciollo1), the info isn’t exactly what you’d call specific, but gives us grounds to speculate. Last year’s P9 launched at a sensible €599 for the 32GB storage version, while twice the storage would set you back €649. But since the P-series also includes the P9 Plus…