China Refutes Allegations Following Significant US Treasury Breach
The Chinese government has repudiated claims of involvement in a cybersecurity breach that compromised US Treasury workstations earlier this month, which allowed unauthorized access to “unclassified” documents. On December 30,…
South Korean Court Approves Arrest Warrant for Impeached President Yoon Suk Yeol
In a historic move, the Seoul Western District Court issued an arrest warrant for South Korea’s President Yoon Suk Yeol, who was recently impeached and suspended from office. This unprecedented…
Vietnamese Authorities Thwart $1 Million Crypto Scam, Safeguard 300 Potential Investors
The Hanoi City Police Department in Vietnam recently intervened to prevent a significant cryptocurrency scam that threatened to ensnare 300 potential victims. The scam, orchestrated by a company known as…
US Treasury Says China-Linked Hackers Breached Systems in Cyberattack
Hackers linked to the Chinese government breached the US Treasury Department using vulnerabilities in third-party remote management software, marking a significant security incident. As reported by The New York Times,…
China Plans World’s Largest Hydropower Dam in Tibet
China has greenlit the construction of the world’s largest hydropower dam on the eastern edge of the Tibetan plateau, setting the stage for a colossal infrastructure project that promises economic…
Malaysia’s Securities Commission Halts Bybit’s Operations
The Securities Commission (SC) of Malaysia has ordered cryptocurrency exchange Bybit to cease its operations in the country, citing violations related to running an unregistered digital asset exchange (DAX). The…
Hong Kong Considers Incorporating Bitcoin into National Reserves
In a move that could redefine Hong Kong’s financial strategy, Legislator Wu Jiexhuang has proposed leveraging the “one country, two systems” policy to integrate Bitcoin into the special administrative region’s…
Hong Kong Start-Up Pons.ai Brings Personalised Avatars to Corporate Events
A Hong Kong-based start-up is bringing generative AI to corporate events with a novel approach: personalised avatars. Pons.ai, operating from the government-funded Science Park, offers an AI photo booth platform…
China Implements Stricter Forex Controls Targeting Cryptocurrency Transactions
China’s State Administration of Foreign Exchange recently unveiled stringent regulations aimed at bolstering the scrutiny of financial transactions that include cryptocurrency dealings. These measures compel banks to identify and report…
Li Auto Expands Vision to Include AI and Robotics
Li Auto, a leading Chinese electric vehicle (EV) maker often compared to Tesla, is making a bold pivot toward artificial intelligence (AI) and robotics. According to founder and CEO Li…
Seoul Semiconductor Wins German Court Case Against Signify
A German court has mandated the recall and destruction of certain products from Signify, a Netherlands-based lighting manufacturer, for infringing patents held by South Korea’s Seoul Semiconductor. The ruling, announced…
Tesla Explores HBM4 Chips from Samsung and SK Hynix for Its Dojo Supercomputer
Tesla is diving into the next frontier of AI hardware, exploring HBM4 memory chips from South Korean giants Samsung and SK Hynix to supercharge its custom-built Dojo supercomputer. According to…
Japan Airlines Overcomes Cyberattack to Resume Ticket Sales
Japan Airlines Co. (JAL) announced the resumption of ticket sales for both domestic and international flights following a system malfunction attributed to a cyberattack on Thursday morning. The airline confirmed…
Honda Nissan Partnership Could Challenge BYD’s Global Dominance
Honda Motor Co’s proposed acquisition of Nissan Motor Co could provide the scale needed to challenge China’s BYD Co, sales data revealed Wednesday. The move highlights mounting pressure on Japanese…
Xiaomi Opens Its First Directly Managed Store in Singapore
Xiaomi has officially launched its first directly managed store in Singapore, located in Funan, on December 21, 2024. This marks a departure from its earlier distributor-operated outlets, as Xiaomi Singapore…
Australia Continues 29-Month Streak of Monthly Increases in Bitcoin ATMs
Australia has seen a continuous monthly increase in Bitcoin automated teller machines (ATMs) for over two years, nearly surpassing the total number in Europe and reinforcing its position as a…
Japan Airlines Faces Cyberattack Delays Flights
Japan Airlines experienced a cyberattack on Thursday, causing disruptions to some domestic and international flights. The incident began at 7:24 a.m. (2224 GMT), impacting both internal and external systems, according…
Global Production Slows for Toyota Despite Rising Sales
Toyota Motor Corp. revealed that its global production dropped for the 10th consecutive month in November, manufacturing 869,230 vehicles—a 6.2% decrease compared to the same period last year. Despite this…
WuXi AppTec Offloads Gene Therapy Unit Amid Rising US Restrictions
WuXi AppTec, a prominent Chinese company listed on the Shanghai Stock Exchange, has announced the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies, to U.S.-based private…
India’s Satellite Constellation Plan Gains Interest from 30 Companies
India’s initiative to establish home-grown Earth observation (EO) satellite constellations has drawn interest from 30 companies, marking a significant step in reducing dependence on foreign data for critical applications like…