A recently disclosed flaw in Microsoft’s widely used mail server software is being targeted by hackers who seek ransom, claimed a researcher and added that there can be widespread digital disruption if there is a serious escalation of the hacking… Read More ›
Economy & Finance
Chinese antitrust regulators gunning for Aliababa Group Holding Ltd
According to a report from the Wall Street Journal citing sources familiar with the matter, China’s antitrust regulators are mulling options to levy a record fine on Alibaba Group Holding Ltd over suspected anti-competitive behavior. The potential fine could exceed… Read More ›
China’s State Administration for Market Regulation fines 12 companies for illegal monopolistic behaviors
On Friday, in a statement China’s market regulator said, it has levied fines on 12 companies for illegal monopolistic behavior. The regulator has cited 10 deals which demonstrate their illegal monopolistic behaviours. The companies that have been fined include Baidu… Read More ›
Quad nations agree to collaborate on securing rare earth metals
Australia, Japan, India and the United States, will collaborate to secure rare earth metals which are critical to the production of a wide array of goods ranging from fifth generation fighter jets, to smartphones, and electric cars, said Japan’s the… Read More ›
India-Made Social Media Apps Are Benefitting From Tussle Of Government Vs Global Tech Firms
In recent months, there has been a tussle between the social media platform Twitter and the Indian government over the refusal of the company to bring down some specific accounts. And even during this period, there has been a sudden… Read More ›
Slower Corporate Spending Slows Down Japan’s Economy In Fourth Quarter
A slower-than-initially-reported growth was reported for the Japanese economy for the October-December quarter as companies reduced expenditure on plant and equipment while also sharply cutting down on inventories as consumer demand was hit by the cxovid-19 pandemic. Even though exports… Read More ›
Guests arrive at Singapore’s world’s first travel bubble business hotel
In a significant development, Singapore has launched a travel “bubble” business hotel, in one of the world’s first such facilities, that enable executives to conduct face-to-face meetings without exposing themselves to potential coronavirus-induced COVID-19 infection. The bubble hotel has meeting… Read More ›
U.S. revokes sanction waiver against Israeli mining company Gertler
In a significant development, the United States revoked a sanctions waiver to Israeli mining magnate Dan Gertler, which was issued during the last days of the Trump Administration. In a statement, the Treasury Department said, exempting Gertler from sanctions was… Read More ›
Chinese Foreign Minister Sounds Tough On US-China Relations
It was important for the United States to remove “unreasonable restrictions” to allow for the two countries to move forward with their relationship under the new administration for President Joe Biden, said Chinese Foreign Minister Wang Yi on Sunday. Over… Read More ›
Military Leaders Of Myanmar Tried To Move $1bn From US Account: Reports
Within days of seizing power in Myanmar, the military rulers of the country attempted to withdraw about $1bn held at the Federal Reserve Bank of New York in the United States which prompted officials in the United States to freeze… Read More ›