Pedestrians beside a stock quotation board flashing at the Tokyo Stock Exchange. Toru Yamanaka/AFP
Pedestrians beside a stock quotation board flashing at the Tokyo Stock Exchange. Toru Yamanaka/AFP

Asian markets find lift and dollar bounces



Asian stocks rose and the dollar rebounded from its lowest in more than two years as hurricane Irma’s force waned and the United Nations prepared to vote on tougher North Korean sanctions.

Japan’s Topix index was headed for its biggest gain in more than three months as a weaker yen gave a boost to exporters. Equities also advanced in Seoul and Hong Kong, and Treasuries fell after North Korea refrained from an expected missile test at the weekend.

The dollar rose against major peers as Irma, while devastating, did not reach the feared Category 5 storm that some had anticipated and looked to have spared Miami to a greater extent. The offshore yuan declined after China’s central bank was said to have removed a reserve requirement on the trading of foreign-exchange forwards.

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Read more:

US Fed vice chairman steps down early

The dollar is in for a rocky ride until the end of the year

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Risk appetite also returned to the markets as the chances of US Federal Reserve interest rate increases this year receded after the US was struck by the first back-to-back major storms since 1964. New York Fed president William Dudley told CNBC that hurricanes could affect the timing of rate hikes.

Still, the shadow of North Korea remains. Pyongyang warned of retaliation if the United Nations security council approves harsher sanctions in response to the North’s nuclear test. The UN will vote on Monday on fresh sanctions, saying that Kim Jong Un’s nuclear programme poses the most serious threat since the Second World War. Pyongyang “is closely following the moves of the US with vigilance,” its state-run Korean Central News Agency said on Monday, citing a statement by the ministry of foreign affairs.

With Fed speakers now in a blackout period before next week’s policy meeting, the focus this week be on assessing the impact of natural disasters on US growth. Investors will also parse data due on retail spending in the American economy and the US consumer price index as inflation remains stubbornly low. US CPI is projected to have risen in August at a faster pace.

TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

UAE currency: the story behind the money in your pockets
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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
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Tips for entertaining with ease

·         Set the table the night before. It’s a small job but it will make you feel more organised once done.

·         As the host, your mood sets the tone. If people arrive to find you red-faced and harried, they’re not going to relax until you do. Take a deep breath and try to exude calm energy.

·         Guests tend to turn up thirsty. Fill a big jug with iced water and lemon or lime slices and encourage people to help themselves.

·         Have some background music on to help create a bit of ambience and fill any initial lulls in conversations.

·         The meal certainly doesn’t need to be ready the moment your guests step through the door, but if there’s a nibble or two that can be passed around it will ward off hunger pangs and buy you a bit more time in the kitchen.

·         You absolutely don’t have to make every element of the brunch from scratch. Take inspiration from our ideas for ready-made extras and by all means pick up a store-bought dessert.

 

Pox that threatens the Middle East's native species

Camelpox

Caused by a virus related to the one that causes human smallpox, camelpox typically causes fever, swelling of lymph nodes and skin lesions in camels aged over three, but the animal usually recovers after a month or so. Younger animals may develop a more acute form that causes internal lesions and diarrhoea, and is often fatal, especially when secondary infections result. It is found across the Middle East as well as in parts of Asia, Africa, Russia and India.

Falconpox

Falconpox can cause a variety of types of lesions, which can affect, for example, the eyelids, feet and the areas above and below the beak. It is a problem among captive falcons and is one of many types of avian pox or avipox diseases that together affect dozens of bird species across the world. Among the other forms are pigeonpox, turkeypox, starlingpox and canarypox. Avipox viruses are spread by mosquitoes and direct bird-to-bird contact.

Houbarapox

Houbarapox is, like falconpox, one of the many forms of avipox diseases. It exists in various forms, with a type that causes skin lesions being least likely to result in death. Other forms cause more severe lesions, including internal lesions, and are more likely to kill the bird, often because secondary infections develop. This summer the CVRL reported an outbreak of pox in houbaras after rains in spring led to an increase in mosquito numbers.

MATCH INFO

BRIGHTON 0

MANCHESTER UNITED 3

McTominay 44'

Mata 73'

Pogba 80'

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