Kazuo Ishiguro bags 2017 Nobel Literature Prize

Agencies
October 5, 2017

London, Oct 5: British author Kazuo Ishiguro, best known for his novel The Remains of the Day, won the Nobel Literature Prize on October 5, the Swedish Academy said.

The 62-year-old, "in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world," the Academy wrote in its citation.

Born in Nagasaki, he moved to Britain with his family when he was five years old, only returning to visit Japan as an adult.

Both his first novel A Pale View of Hills from 1982 and the subsequent one, An Artist of the Floating World from 1986, take place in Nagasaki a few years after World War II.

"The themes Ishiguro is most associated with are already present here: memory, time, and self-delusion," the Academy said.

"This is particularly notable in his most renowned novel, The Remains of the Day," which was turned into a film with Anthony Hopkins acting as the duty-obsessed butler Stevens.

"Ishiguro's writings are marked by a carefully restrained mode of expression, independent of whatever events are taking place," it said.

Apart from his eight books, Mr. Ishiguro has also written scripts for film and television.

‘Flabbergastingly flattering’

Mr. Ishiguro told the BBC winning the 2017 Nobel Prize for Literature was a "magnificent honour" and "flabbergastingly flattering".

"It's a magnificent honour, mainly because it means that I'm in the footsteps of the greatest authors that have lived, so that's a terrific commendation.

"The world is in a very uncertain moment and I would hope all the Nobel prizes would be a force for something positive in the world as it is at the moment," he said.

"I'll be deeply moved if I could in some way be part of some sort of climate this year in contributing to some sort of positive atmosphere at a very uncertain time."

His publisher Faber & Faber said earlier on Twitter: "We're THRILLED Kazuo Ishiguro has won the Nobel Prize!"

Weeks of speculation and buzz about the Academy’s pick for 2017 ended on Thursday, when its permanent secretary Sara Danius announced the winner.

Award for Bob Dylan

The Swedish Academy stunned the world in 2016 when it awarded the Literature Prize to U.S. counter-culture icon and rock star Bob Dylan.

The first singer-songwriter to win the prestigious prize, the rock legend didn’t comment on his Nobel for several weeks and then snubbed the formal prize ceremony in Stockholm.

The Academy is known for its cloak-and-dagger methods to prevent any leaks, resorting to code names for authors and fake book covers when reading in public.

Of the 114 laureates honoured since the prize was first awarded to France's Sully Prudhomme in 1901, only 14 are women.

But the Academy insists it doesn't take gender into consideration, nor nationality, language or genre for that matter.

"The gender balance among those who have received the prize is embarrassing" and the Swedish Academy must be aware of it, Rakel Chukri, the cultural editor of regional daily Sydsvenskan, had told AFP.

Pundits, therefore, tried to dissect the Academy’s latest interests to guess the winner, while punters had a field day on betting sites. On October 4, novelists Haruki Murakami of Japan and Ngugi wa Thiong'o of Kenya had the lowest odds on numerous sites. They were followed by Canada's Margaret Atwood, whose novel The Handmaid's Tale was recently made into a well-received TV series, and Israel’s Amos Oz.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 2,2020

Mar 2: Two more positive cases of the novel coronavirus -- one in Delhi and another in Telangana -were reported, the Union Health Ministry said on Monday.

The person from Delhi had travelled to Italy, it said adding he is being diagnosed at RML hospital.

The other person with the coronavirus infection has a travel history to Dubai, the ministry added.

"Both the patients are stable and being closely monitored," the ministry said.

Sunitha Krishnan is the name of the patient from Telangana and she is a social activist.

Krishnan has tweeted, "So going to enjoy hospitality at Gandhi Hospital for two days as admitted in the isolation ward suspected coronavirus. They have not started the tests yet( 1.30 hrs since I arrived).I believe the results make take 48hrs. At this pace, I have a feeling I am might be here sometime."

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 25,2020

Jun 25: Tencent Holdings Ltd.'s $40 billion surge this week and the recent ascent of Pinduoduo Inc. have reshuffled the ranking of China's richest people.

The country's largest game developer has surpassed Alibaba Group Holding Ltd. as Asia's most-valuable company, with its shares rising above HK$500 in intraday trading Wednesday for the first time. Pinduoduo, a Groupon-like shopping app also known as PDD, has more than doubled this year.

The rallies have propelled the wealth of their founders, with an added twist: Tencent's Pony Ma, worth $50 billion, has surpassed Jack Ma's $48 billion fortune, becoming China's richest person. And Colin Huang of PDD, whose net worth stands at $43 billion, has squeezed real estate mogul Hui Ka Yan of China Evergrande Group out of the top three earlier this year, according to the Bloomberg Billionaires Index.

The coronavirus pandemic has accelerated the digitization of the workplace and changed consumers' habits, boosting shares of many internet companies. Now tech tycoons are dominating the ranks of China's richest people. They occupy four of the top five spots: Ding Lei of Tencent peer NetEase Inc. follows China Evergrande's Hui.

‘Perform Strongly'

Tencent has come a long way since hitting a low in 2018, when China froze the approval process for new games. Since then, the stock has almost doubled, and last month the tech giant reported a 26 per cent jump in first-quarter revenue.

“Tencent's online games segment will probably perform strongly through the Covid-19 pandemic, and most of its other businesses are relatively unscathed,” said Vey-Sern Ling, a Bloomberg Intelligence analyst.

That has been a boon for Pony Ma, 48, who owns a 7 per cent stake in the company and pocketed about $757 million from selling some 14.6 million of his Tencent shares this year, data complied by Bloomberg show.

The native of China's southern Guangdong province studied computer science at Shenzhen University and was a software developer at a supplier of telecom services and products before co-founding Tencent with four others in the late 1990s. At the time, the company focused on instant-messaging services.

It has been a long comeback for Pony Ma. He overtook real estate tycoon Wang Jianlin as China's second-richest person in 2013 and topped Baidu Inc.'s Robin Li as the wealthiest in early 2014. Later that year, Alibaba went public in the U.S., catapulting Jack Ma's fortune.

Bloomberg Intelligence's Ling notes, however, that Tencent's jump this year has lagged behind some internet peers, especially those in e-commerce, games and online entertainment. Just consider: Tencent shares have climbed 31 per cent in 2020, while PDD's American depositary receipts have more than doubled. Alibaba, meanwhile, has advanced just 6.9 per cent.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Agencies
March 9,2020

Mumbai, Mar 9: The mayhem in domestic stock markets deepened with the BSE Sensex falling over 2,400 points and the Nifty50 trading below 10,400 points.

The plunge in the domestic indices was in line with the global markets on persistent fears of economic impact of the coronavirus epidemic.

Stocks of Reliance Industries registered the biggest fall in over 10 years as it fell to Rs 1,094.95 per share. At 1.34 p.m., it was trading at Rs 1,100, lower by Rs 170.05 or 13.39 per cent from its previous close. The stock fell most since October 2008.

The benchmark index of BSE Sensex was trading at 35,232.67 points, lower by 2,343.95 points or 6.24% from the previous close of 37,576.62 points. 

It had opened at the intra-day high of 36,950.20 and has so far touched a low of 35,109.18.

The Nifty50 on the National Stock Exchange was trading at 10,314.25 points, lower by 675.20 points or 6.14% from the previous close. 

It was a sell-off across sectors, led by financial, metal, energy and IT stocks - which weighed on the markets.

Further, crude oil prices also slumped around 30% on Monday as Organization of Petroleum Exporting Countries (OEPC) failed to agree on an output cut deal, eventually causing Saudi Arabia to cut its prices as it is likely to increase its production. Saudi Arabia's stance has already raised concerns of an all-out price war.

Brent crude futures are currently trading around $34 per barrel.

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to reports.

As per analysts, the oil market witnessed the worst price fall on Monday since the 1991 Gulf War.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.