Claims of the largest cyberattack in Chinese history have sparked an open debate about the extent to which Beijing hoovers up personal data and uses private firms to safeguard that trove, a discussion ... ( read original story ...)
MGM SHANGHAI – A LANDMARK HOTEL DEAL SIGNED
Diaoyutai MGM Hospitality announced today it has signed a hotel management agreement with Shanghai West Bund Development (Group) Co., Ltd. to bring the famous MGM brand ... ( read original story ...)
BeerCo, Ant Group: Asia’s biggest IPOs to watch for the second half
IPOs in Asia fared better than in regions such as Europe and the US, with large deals in China and South Korea helping listings here account for almost 60% of global volumes, data compiled by ... ( read original story ...)
Putting the ‘Open’ Back in Shanghai’s Reopening
That had a chilling effect on business and led then-Shanghai Mayor Zhu Rongji to announce a new “one-stop shop” for applications in 1988, which helped lay the groundwork for the city’s later boom. ( read original story ...)
Daily Markets: Investors Fear Possibility of Recession
Last week’s updates pointed to the likelihood the U.S. could be in a recession as GDP expectations for 2Q 2022 were slashed to -2.1% vs. the May 17 reading of +2.5%. That sharp revision shows how ... ( read original story ...)
Unknown Hacker Steals Data of a Billion Chinese Citizens
A misconfigured Alibaba private cloud server has led to the leak of around one billion Chinese nationals' personal details. An unknown hacker, identified as ... ( read original story ...)
Sensex rises 250 pts and Nifty50 tops 15,900 led by financial, oil & gas and IT shares
The Sensex and the Nifty50 rose up to 0.7 percent at the open amid gains across most sectors. Financial, oil & gas and IT shares were the biggest contributors to the gain in both headline indices. ( read original story ...)