Business – Page 14 – The Singapore Post

Today’s coronavirus news: Ontario reports 185 cases of COVID-19, seven deaths; cases have nearly tripled in the U.S. over two weeks; China says no to WHO’s further probe of virus origins

8Aug

By Desk TeamNo Comments

Today’s coronavirus news: Ontario reports 185 cases of COVID-19, seven deaths; cases have nearly tripled in the U.S. over two weeks; China says no to WHO’s further probe of virus origins

The latest coronavirus news from Canada and around the world Thursday. This file will be updated throughout the day. Web links to longer stories if available. 8:13 p.m. British Columbia’s COVID-19 cases are creeping up again with the province reporting the highest numbers in a month, The Canadian Press reports. Health officials reported 89 cases of COVID-19 Thursday, figures last seen in mid-June, according to CP. In a news release, officials say the total number of active infections in B.C. is 781 and there have been no new deaths. There are 53 people are in hospital with 15 in intensive care. Health officials say there are two outbreaks in the Fraser Health region, in an acute care facility and a long-term home. Officials say more than 80 per cent of those eligible have received th

Indian officials say 10 combatants killed in Kashmir

7Aug

By Desk TeamNo Comments

Business, Conflict, World

Indian officials say 10 combatants killed in Kashmir

SRINAGAR, India (AP) — Eight suspected rebels and two Indian soldiers were killed in a series of counterinsurgency operations in disputed Kashmir, police said Thursday, as many shops were shut in parts of the region to mark the fifth anniversary of the death of a popular rebel commander whose killing triggered open defiance against Indian rule. The deaths in five separate incidents starting Wednesday came as violence in the Himalayan region has increased in recent weeks. India’s military said two soldiers and two insurgents were killed Thursday in a clash along the Line of Control, the highly militarized de facto frontier that divides Kashmir between nuclear-armed rivals Pakistan and India. The fighting erupted after soldiers intercepted a group of militants who crossed into the Indian-

Chinese hackers compromised SE Asia telecom companies, researchers say

7Aug

By Desk TeamNo Comments

Asia, Business, World

Chinese hackers compromised SE Asia telecom companies, researchers say

Chinese hackers compromised SE Asia telecom companies, researchers say Chinese state-backed hacking groups compromised at least five global telecommunications companies and stole phone records and location data, according to cybersecurity researchers. The hacking groups waged a campaign across Southeast Asia from 2017 to 2021, in some cases exploiting security vulnerabilities in Microsoft Corp’s Exchange servers to gain access to telecommunication companies’ internal systems, according to a new report published Tuesday by US-based security firm Cybereason Inc. Lior Div, the chief executive officer of Cybereason, said the hackers had obtained “the holy grail of espionage”, by gaining total control of the telecommunication networks they penetrated. Cybereason named the groups Soft Cell, N

Vaccinating seniors against Covid-19 will pave the way to a new normal in Singapore

6Aug

By Desk TeamNo Comments

Business, Singapore, World

Vaccinating seniors against Covid-19 will pave the way to a new normal in Singapore

SINGAPORE - "Instead of greeting an elderly person with 'Jiak ba buay', which means 'have you eaten' in Hokkien, ask them 'vax liao buay?', which means 'have you taken the vaccines?'" suggested my colleague. Whichever method or language you use, the point is to persuade others, particularly seniors who are at risk of becoming critically ill when infected, to get the Covid-19 vaccines. As the virus is now spreading among markets and food centres, infecting more seniors than expected, Singapore is going back to phase two (heightened alert) and determined to get more seniors vaccinated. It is to prevent a pandemic of the unvaccinated, a term used by the director of the United States Centres for Disease Control and Prevention to warn of the situation there, as Covid-19 cases are once again ...

China setting back old theory of business and democracy

5Aug

By Spost_adminNo Comments

Business, China, Politics, World

China setting back old theory of business and democracy

When any country let the private company business in its territory, it is to be thought that the country is getting democratic, but China which is taking business from four decades breaking all the stereotypes and getting more stronger in terms of one-party state. When China began allowing private businesses and foreign investment four decades ago, many outside the communist country expected that as its economy became more capitalist, its politics also would become more democratic. They didn’t. Instead, the Chinese system, which puts stability and cohesion ahead of individual freedoms, became adept at delivering prosperity, with the Communist Party still firmly in control. For Beijing, its success legitimizes its model as an alternative to the liberal values of the West, an idea the U.

US, allies accuse China of global cyber hacking campaign

1Aug

By Desk TeamNo Comments

Business, China, World

US, allies accuse China of global cyber hacking campaign

US, allies accuse China of global cyber hacking campaign Computer code is seen on a screen above a Chinese flag in this July 12, 2017 illustration photo. (Reuters photo) WASHINGTON: The United States and a coalition of allies accused China on Monday of a global cyber hacking campaign that employed contract hackers, specifically attributing a large Microsoft attack disclosed earlier this year to actors working on Beijing's behalf. Opening a new area of tensions with China, the United States is joined by Nato, the European Union, Britain, Australia, Japan, New Zealand and Canada to level the allegations. "The United States and countries around the world are holding the People’s Republic of China accountable for its pattern of irresponsible, disruptive, and destabilizing behavior in cyber

1Aug

By Desk TeamNo Comments

Business, China, Singapore, World

UK pivot could be good for Thais

UK pivot could be good for Thais This weekend the UK's HMS Richmond has entered Thai territorial waters to conduct a joint military exercise with the Royal Thai Navy. It represents the first visit of a Royal Navy ship to Thailand since HMS Daring visited in 2014. Notably, it is the first engagement of the UK Carrier Strike Group with an Asean nation as part of the UK government's commitment to becoming "a persistent, credible and reliable presence in the Indo-Pacific". To that end, the long overdue publication of a UK Indo-Pacific strategy could strengthen the UK government's definition of Global Britain, a term much touted much by officials in attempts to sketch out a vision of a post-Brexit landscape that aligns with its sea-faring empirical history and present need for productive and ...

Asia Today: N Zealand suspends travel bubble with Australia

1Aug

By Desk TeamNo Comments

Asia, Business, World

Asia Today: N Zealand suspends travel bubble with Australia

WELLINGTON, New Zealand (AP) — New Zealand on Friday suspended its quarantine-free travel bubble with Australia for at least eight weeks due to a growing COVID-19 cluster in Sydney. New Zealand recently imposed quarantine restrictions on travelers from New South Wales, Victoria and South Australia states, where lockdowns have been introduced to contain delta variant clusters. Prime Minister Jacinda Ardern said quarantine-free travel would be suspended from anywhere in Australia from 11:59 p.m. New Zealand time. Ardern said she hoped to have all New Zealanders who wanted to return flown home from Australia with managed flights within a week. The travel bubble has existed since April and has provided both countries with their only quarantine-free international flights. Both Australia an

Strongest semiconductor stocks to buy that aren’t Nvidia

1Aug

By Desk TeamNo Comments

Business, China, World

Strongest semiconductor stocks to buy that aren’t Nvidia

It’s hard to imagine a more bullish scenario for semiconductor stocks than the current global chip shortage. With the COVID-19 pandemic driving demand thanks to people stuck at home using their favourite technological devices and a China-U.S. trade war that resulted in several supply chain bottlenecks, the companies that produce these innovative integrated circuits are truly thriving. Look no further than Nvidia (NVDA), a monster semiconductor stock that has rallied more than 55 per cent year to date amid the chip shortage backdrop and a stock split announcement. While several analysts have boldly placed a $1,000 (U.S.) price target on Nvidia that implies even more upside, there are plenty of other options in the industry that might present a better risk-to-reward profile at this time.

31Jul

By Desk TeamNo Comments

Business, World

Malls plead to deliver food

A delivery man stands by near an eatery at a shopping centre in Lat Phrao area of Bangkok last month. (Photo: Apichart Jinakul) A proposal to allow eateries and restaurants in department stores and shopping malls to sell food via online delivery platforms will be presented for approval by the Centre for Covid-19 Situation Administration (CCSA). Deputy government spokeswoman Traisulee Taisaranakul said that the Public Health Ministry had already discussed the matter with the CCSA and will put forward the proposal shortly. The government is aware of the plight of eatery and restaurant operators affected by the latest round of restrictions from July 20, she said on Monday. Among them was the renewed shuttering of restaurants and eateries in shopping malls. Under the plan, staff and emplo...

Subscribe to our newsletter