Tag: All Regions

  SINGAPORE – Venture Corporation said on Nov 30 that its board of directors has established a share buyback plan to purchase up to 10 million ordinary shares of the company. This plan was authorised by the board on Nov 29, following the approval of Venture’s shareholders of the share purchase mandate at the annual general meeting on April 27, the company said in a bourse filing. Under the mandate, the company can buy up to about 14.5 million shares,…

CISA (Cybersecurity & Infrastructure Security Agency) is warning that threat actors breached a U.S. water facility by hacking into Unitronics programmable logic controllers (PLCs) exposed online. PLCs are crucial control and management devices in industrial settings, and hackers compromising them could have severe repercussions, such as water supply contamination through manipulating the device to alter chemical dosing. Other risks include service disruption leading to a halt in water supply and physical damage to the infrastructure by overloading pumps or opening and…

WASHINGTON: The US on Wednesday said it imposed a new round of sanctions on a group of 20 people and firms allegedly involved in a financial facilitation network for the benefit of the Iranian military. The Treasury Department sanctions impact firms and people spanning Hong Kong to the United Arab Emirates. Included in the sanctions package are employees, brokers and purchasers from Iranian firm Sepehr Energy, which is also subject to sanctions. The US alleges that Sepehr acts as a…

BRUSSELS: Alexander Pumpyansky, the son of Russian tycoon Dmitry Pumpyansky, won an appeal against sanctions the European Union introduced over Russia’s invasion of Ukraine, the bloc’s court said on Wednesday. In the ruling, the court said the EU council had admitted that from March 9, 2022 – two weeks after the invasion of Ukraine and six months before the first set of sanctions – Pumpyansky was no longer president and member of the board of Sinara nor board member of TMK,…

The U.S. Department of the Treasury has sanctioned the Sinbad cryptocurrency mixing service for its use as a money-laundering tool by the North Korean Lazarus hacking group. A cryptocurrency mixer is a server that allows people to deposit crypto, which is mixed among many different wallet addresses to help prevent it from being accurately traced. The mixing service takes a commission from the crypto deposited, and after it is “mixed,” it will send it to another wallet address owned by…

At the peak of the online shopping season, Canadian e-commerce giant Shopify filed a new lawsuit to take a stand against DMCA abuse. The company filed a complaint at a Florida federal court, accusing an Orlando resident of filing dozens of false takedown notices, allegedly to advance their own commercial interests. Signed into law a quarter century ago, the Digital Millenium Copyright Act (DMCA) aimed to equip copyright holders with new tools to protect their works online. A key element…

HELSINKI: Finland will close its entire border with Russia to travellers for the next two weeks in a bid to halt the unusually large flow of asylum seekers to the Nordic nation, which the government and its allies say is an orchestrated move by Moscow. Finland last week shut all but one of its border posts to travellers from Russia, keeping open only the northernmost crossing located in the Arctic.But this too would now close, the government said on Tuesday….

The aircraft carrier Dwight D. Eisenhower and its carrier strike group transited the Strait of Hormuz on Sunday and entered the Persian Gulf, after arriving in the waters of the Middle East earlier this month amid heightened tensions in the region stemming from the conflict between Israel and Hamas. The carrier, which departed Norfolk, Virginia, in October for a scheduled deployment, is the first carrier to steam in those waters since the Nimitz Carrier Strike Group operated there in September…

  American healthcare company Henry Schein has reported a second cyberattack this month by the BlackCat/ALPHV ransomware gang, who also breached their network in October. Henry Schein is a Fortune 500 healthcare products and services provider with operations and affiliates in 32 countries and a revenue of over $12 billion reported in 2022. It first disclosed on October 15 that it had to take some systems offline to contain another cyberattack that impacted its business one day before. More than a month…

  As China’s embattled shadow banking giant Zhongzhi Enterprise Group faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about US$56 billion (S$74.9 billion). More than three quarters of investor cash would be lost, with just 100 billion yuan (S$18.7 billion) being recovered from debt of as much as 460 billion yuan, according to one scenario outlined by Mr Ying Yue, a lawyer at Leaqual Law Firm in Shanghai. He expects…

China said a surge in mycoplasma-caused pneumonia in children shows signs of ebbing, but warned that other respiratory illnesses are likely to hit the broader population hard during the mainland’s first winter after Covid restrictions. Health authorities in Beijing say flu, adenovirus and respiratory syncytial virus have surpassed mycoplasma as the most frequently detected pathogens among patients at the city’s top pediatric medical centers.Nearby Tianjin and financial hub Shanghai have also seen their mycoplasma positivity rates trending down in recent…

Three Palestinian students attending US colleges were shot on Saturday night in Burlington, Vermont, and were being treated for injuries on Sunday, according to the students’ former school in the West Bank. Ramallah Friends School said in a Facebook post on Sunday that three of its graduates had been shot near the University of Vermont Campus – Hisham Awartani, who attends Brown University in Rhode Island, Kinnan Abdel Hamid, who attends Haverford College in Pennsylvania, and Tahseen Ahmed, who attends…

AUTRYVILLE: Deputies responding to a call about shots fired in North Carolina on Sunday found four people shot to death in what appeared to be a campsite for homeless people, authorities said. An initial review of the crime scene indicated someone killed three people before killing themselves, Sampson County Sheriff’s Capt. Eric Pope told WRAL-TV. Two men and two women were found dead around a tent at the end of a private road rutted with huge potholes near Autryville, authorities…

BEIJING: Chinese foreign minister Wang Yi warned his South Korean counterpart on Sunday not to politicise economic and tech issues as the two prepared to meet Japan’s top diplomat on the sidelines of a trilateral meeting aimed at boosting cooperation. “China and South Korea have become cooperation partners with highly integrated interests and highly interconnected production and supply chains,” Wang told South Korean Foreign Minister Park Jin, according to a Chinese foreign ministry readout. “Both sides should jointly resist the…

RIYADH: Saudi Arabia‘s Crown Prince Mohammed bin Salman on Tuesday urged all nations to cease weapon exports to Israel, according to Al Arabiya Post. Saudi Arabia’s Crown Price made this request during an extraordinary BRICS Joint Meeting, which was being held virtually to address the Israel-Hamas conflict. South Africa is hosting the BRICS groups of nations to convene the virtual BRICS Extraordinary Joint Meeting. Saudi Arabia further demanded the start of a serious and comprehensive peace process to establish a…

The Chinese government’s efforts to shut down mosques have extended beyond Xinjiang, an area long criticized for the persecution of Muslim minorities. This expansion has reached the Ningxia region and Gansu province, areas with significant Hui Muslim populations. As per a Human Rights Watch report , which utilizes public documents, satellite imagery, and eyewitness accounts, indicates that these closures are part of an official strategy termed “consolidation.” In addition to closing mosques, local authorities have been altering mosque architectures to…