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☆ Malaysia to Review Migrant Labour Deals to Stamp Out Exploitation
▼ + stars: | 2024-01-16 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia will review bilateral agreements with 15 nations from which it sources labourers in a bid to address exploitative practices and manpower imbalances that have left thousands of migrant workers stranded without jobs, officials said. The plight of the migrants coincided with concerns over workplace abuses in Malaysia, with several companies facing U.S. bans over the use of forced labour in recent years. They said Malaysia still had a shortage of workers in the agriculture and plantations sector, while quotas have been exceeded in other industries. Workers from Indonesia, Bangladesh and Nepal account for over 70% of Malaysia's migrant labour, with the remainder coming from countries including India, Vietnam, Pakistan, and Thailand. Sim said 751 Bangladesh migrant workers had filed cases with the labour department to claim unpaid wages, involving a total of 2.2 million ringgit ($467,687).

Persons: Saifuddin Nasution Ismail, Steven Sim, Sim, Rozanna, Miral Fahmy Organizations: Reuters, Workers, Human Locations: KUALA LUMPUR, Malaysia, Bangladesh, Nepal, Indonesia, India, Vietnam, Pakistan, Thailand

☆ Activist helps Palestinians in Gaza get back online after blackouts amid Israeli airstrikes
▼ + stars: | 2023-12-03 | by ( Alaa Elassar | Emma Tucker | ) edition.cnn.com time to read: +12 min

They have to endure bombardment and attacks in absolute silence,” El Helbawi said. Fearful that a blackout could provide cover for “war crimes,” El Helbawi became consumed with finding a solution. But when talks on those plans stalled, El Helbawi decided to try something else. Donors have sent QR codes from as far as the United States, Switzerland, Pakistan and the Netherlands, El Helbawi says. She shared her concerns with El Helbawi, who told her, “You never know what happens,” Elkomi recalled.

Persons: ”, ” El, El Helbawi, they’ve, “, ” El Helbawi, El, Israel, John MacDougall, ” Paltel, Elon Musk, Musk, Ahmed Elmadhoun, Elmadhoun, ” Elmadhoun, Donors, Graeme Bradley, ” Bradley, they’ll, Rizek Abdeljawad, ” Elkomi, “ …, Elkomi, there’s, ’ El Helbawi Organizations: CNN, Hamas, Palestinian Ministry of Health, Getty, El, “, Simly Locations: Cairo, Gaza, El, Israel, Palestinian, ” El Helbawi, United States, Switzerland, Pakistan, Netherlands, Scotland, Xinhua, Egypt, “, eSIMs, Palestine, Rafah

☆ A downed Russian Shahed drone was found with a Ukrainian SIM card, suggesting the technology was used to pilot the explosive drone: think tank
▼ + stars: | 2023-12-01 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

A downed Russian Shahed drone was reportedly found with a Ukrainian SIM card inside. This suggests the tech was used to pilot the attack drone, war analysts said. Last month, Russia launched its largest drone attack against Kyiv in the war so far. AdvertisementOne of Russia's downed Shahed drones was reportedly found this week with a Ukrainian SIM card inside, suggesting that the technology was used to pilot the explosive attack drone, according to war analysts. Last month, Russia launched its largest drone attack against Kyiv since the Kremlin invaded the Eastern European country in February 2022.

Persons: —, ISW, Kyivstar, 53fDhIXBCP, Necro Mancer, Yuriy Ignat, Mykhailo Shamanov, Киевстар Organizations: Kyiv, Service, The, Russian, Ukrainian Air Force, Ukraine's Ministry of Foreign Affairs, country's Armed Forces and Air Defense, CNN Locations: Russian, Ukrainian, Russia, Washington, DC, Ukraine, Kremlin, Kyiv

☆ 5 tips to keep your 5G network secure
▼ + stars: | 2023-11-28 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

To keep your enterprise 5G network secure, start by choosing a reputable provider. Whether you use those providers for your enterprise 5G network or build your own private 5G network, it's important to keep things secure. Update regularly, and use multifactor authenticationIt's one thing to build your 5G network securely — it's another challenge to keep it safe. "Ensure all devices connected to the 5G network are regularly updated to patch known vulnerabilities," he said. For that reason, education should be a huge part of keeping your 5G network secure.

Persons: —, Sandeep Raithatha, Alan Woodward, Woodward, eSIMs, Parm Sandhu, Sandhu, Alan Jones, Keith Brownsword Organizations: Service, Ericsson, 5G, Virgin Media O2, University of Surrey, NTT Ltd, 5G's Locations: Ireland

☆ A teacher who lived in Dubai and Qatar for 10 years to save money shares what it was like — and why moving back to Ireland was a relief
▼ + stars: | 2023-11-27 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +8 min

She moved to Qatar for a higher salaryCoyle told BI that a lot of people she knew viewed the Gulf states as "scary," particularly for women. Coyle told BI that, in her second year, she was given a rent allowance of 9,000 riyals. Coyle told BI the students would often ask about life in Western countries, such as how people met their spouses and why people drank alcohol. She moved to Dubai insteadCoyle applied for a job at a school in Dubai, in the UAE. She told BI Dubai was more "hectic" than Doha.

Persons: Sorcha Coyle, Coyle, she'd, there's, would've, expats, wasn't, haven't Organizations: Business, United Arab, Qatari, Gaelic football team, Qatar, BI Dubai Locations: England, Ireland, Qatar, Dubai, Saudi Arabia, Oman, United Arab Emirates, UAE, Doha, Cuba, China, Israel, London, California

Learn moreThe excellent Mint Mobile Black Friday deal is back and provides both new and returning customers three months of extra service free when purchasing three months. Other Mint Mobile Black Friday deals will save you hundreds on smartphones, like the $600 you can save on a Pixel 7 Pro. Mint Mobile Black Friday deal doubles up on plansMint offers its plans in 3-month increments. Mint Mobile Black Friday sale on phonesMint incentivizes you to purchase phones alongside your plans. See more: Mint Mobile six months free with new device offerMint also offers $50 off other select Android phones when buying it with a 12-month plan.

Persons: That's, You'll, There's Organizations: Mint Mobile, Mint

☆ Dollar shakes off weakness after investors rethink Fed outlook
▼ + stars: | 2023-11-15 | by ( Amanda Cooper | ) www.reuters.com time to read: +3 min

The pound eased back from Tuesday's two-month highs after data showed British inflation ran at its slowest pace in two years in October, at 4.6%. On Tuesday, the pound rose by 1.8% against the dollar, marking its biggest one-day gain in a year. The offshore Chinese yuan, meanwhile, received some support The offshore yuan , meanwhile, briefly ticked up to a three-month high of $7.2385 against the dollar after domestic industrial output and retail sales growth beat expectations. Evidence of ongoing weakness in China's property sector, where data showed sales fell faster in October and investment in real estate slumped, took some of the shine off the rally. The offshore yuan was last at 7.2577 per dollar, down 0.1% on the day.

Persons: Dado Ruvic, Michael Hewson, Sterling, Moh Siong Sim, Brigid Riley, Shri Navaratnam, Lincoln, Angus MacSwan Organizations: REUTERS, Federal Reserve, Investors, Bank of England, Markets, Bank of Singapore, Thomson Locations: Britain, Tuesday's, York

☆ Dollar down as markets bet Fed done with hikes
▼ + stars: | 2023-11-15 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

The offshore yuan briefly ticked up to a three-month high of $7.2385 against the dollar before easing back somewhat to $7.2477. The New Zealand dollar , which can act as a proxy for China, ticked up to a one-month high of $0.6029 against the dollar. Traders reacted quickly to the shift in market pricing by sending the dollar tumbling 1.5% overnight against major currencies. The dollar index , which measures the currency against a basket of peers, last stood at 104.14, not far from Tuesday's two-month low of 103.98. With the dollar on the back foot, the euro settled around $1.08725 after touching its highest since August the previous day.

Persons: Dado Ruvic, Rob Carnell, Carnell, Moh Siong Sim, Brigid Riley, Shri Navaratnam Organizations: REUTERS, Rights, Federal Reserve, of Research, ING, New Zealand, Traders, Treasury, Bank of Singapore, Thomson Locations: Asia, China, U.S, Lincoln

☆ Elon Musk's plan to implant chips into people's brains is eerily similar to a 2015 British spy movie featuring an eccentric billionaire played by Samuel L. Jackson
▼ + stars: | 2023-11-08 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

Elon Musk's brain chips are eerily similar to the plot of 2015 movie "Kingsman: The Secret Service." In it, Samuel L. Jackson plays an eccentric billionaire who tries to control the world using neural implants. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisement"Kingsman: The Secret Service," which stars Colin Firth, Samuel L. Jackson, and Taron Egerton, features a similar neural implant as a key plot point.

Persons: Elon, Samuel L, Jackson, —, That's, Elon Musk's, it's, Neuralink, Musk, Ashlee Vance, Vance, Colin Firth, Taron Egerton, James Bond, Richmond Valentine, Eggsy, Egerton —, It's, Valentine, Vance — Organizations: Bloomberg, Service, Elon Musk's Neuralink, SpaceX

☆ Australia police arrest woman over mushroom lunch that killed three
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

"Today's arrest is just the next step in what has been a complex and thorough investigation by homicide squad detectives and one that is not yet over," Dean Thomas, the detective in charge of the investigation, told a news conference on Thursday. Police will interview the woman, who has not been charged and whom they did not name, once the search is complete, he added. State broadcaster ABC reported the woman had told police she did not intend to poison her guests and had herself been hospitalised after the lunch. Deaths from consuming mushrooms are relatively rare in the country, which has several species, including the "death cap" mushroom, that are dangerous enough kill a human. Reporting by Renju Jose and Alasdair Pal in Sydney; Editing by Lincoln Feast and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Dean Thomas, Don Patterson, Gail, Heather Wilkinson, Ian, Renju Jose, Alasdair Pal, Lincoln, Gerry Doyle Organizations: SYDNEY, Police, ABC, Thomson Locations: Victoria, Leongatha, Melbourne, Australia, Sydney

☆ Australia Police Arrest Woman Over Mushroom Lunch That Killed Three
▼ + stars: | 2023-11-01 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

SYDNEY (Reuters) - Australian police said on Thursday they had arrested a 49-year-old woman over the deaths of three elderly people in August after they allegedly consumed mushrooms at a lunch hosted by her. The woman will be interviewed by police and the investigation remained ongoing, Victoria police said in a statement. A fourth man, Wilkinson's husband Ian Wilkinson, a pastor in a nearby town was released from hospital in September. The mysterious deaths have gripped Australia. Deaths from consuming mushrooms are relatively rare in the country, which has several species including the "death cap" mushroom that are dangerous enough to poison and kill a human.

Persons: Don Patterson, Gail Patterson, Heather Wilkinson, Wilkinson's, Ian Wilkinson, Renju Jose, Lincoln Organizations: SYDNEY Locations: Victoria, Leongatha, Melbourne, Australia, Sydney

Gaza CNN —Three-year-old Joudi hasn’t uttered a word in 16 days, her father says. Her father told CNN she hasn't spoken in weeks, because she is still in shock. Abed Khaled/APEyewitnesses told CNN that Deir al-Balah was struck on Friday evening, alongside other locations in central Gaza. We were safe and suddenly everything changed and came crashing,” Hala told CNN at the Deir al-Balah refugee camp. Still in shock, Joudi is refusing to eat or drink, her father told CNN.

Persons: hasn’t, Hala Bin Naeem, Khan Younis, Daniel Hagari, “, Hala, Abed Khaled, Deir, Balah, ” Hala, ”, Thomas White, Crescent, Ashraf Amra, ” Elad Goren, Ibrahim Dahman, ” Dahman, Dahman, ” Hagari, Medhat Abbas, Joudi Organizations: Gaza CNN, Shifa, Israel Defense Forces, Hamas, of Health, Palestinian Ministry of Health, IDF, CNN, United Nations, UNRWA, UNRWA Affairs, Palestinian, Aqsa Martyrs Hospital, Anadolu Agency, Getty, UN, Civil Affairs Department, COGAT, Hospital Locations: Gaza, Gaza City, Al Karama, Israel, Ramallah, Hala, Beit Hanoun, Rafah, Wadi Gaza, Palestinian, al, Deir al, Egypt, Aqsa, U.S, Territories, WhatsApp

☆ Opinion | There Is Another Paris
▼ + stars: | 2023-10-28 | by ( Cole Stangler | ) www.nytimes.com time to read: +3 min

Tourists visiting the Sacré-Coeur Basilica, the magnificent snow-white cathedral towering over northern Paris, tend to descend the Butte Montmartre the way they came up. But once they’ve had enough, they’ll most likely make their way down the south side of the hill, following the path of the funicular toward the recognizable sights of central Paris. This Paris exists mostly outside the gaze of tourists, the whopping 12.7 million people who visited the area this summer. But they refuse to abide by the half-theme-park, half-museum ambience that prevails in much of central Paris. Here, another Paris is alive and kicking.

Persons: they’ve Organizations: Coeur Basilica Locations: Coeur, Paris, Montmartre, Belleville, Eastern, Southern Europe, Maghreb, China

☆ Investors deliver harshest punishment for earnings warnings in 16 years
▼ + stars: | 2023-10-27 | by ( Lucy Raitano | ) www.reuters.com time to read: +4 min

Barclays (BARC.L), a big UK lender, fell as much as 8% after signalling major cost cuts because of weakness on its home turf. Mark Denham, head of European equities at Carmignac, said high quality companies with high valuations tend to be very vulnerable if they miss earnings. According to Kasper Elmgreen, CIO at Nordea Asset Management, the fact that the economy is now starting to slow is one factor behind investors' harsh treatment of earnings disappointments. Amid the volatility, some investors see a buying opportunity in overly punished stocks. It is an example of a highly valued stock being extra punished for the environment," Denham said.

Persons: Morgan Stanley, Angelo Meda, Mark Denham, Denham, Kasper Elmgreen, Elmgreen, Fabio Di Giansante, Carmignac's Denham, Danilo Masoni, Alun John, Joice Alves, Amanda Cooper, Hugh Lawson Organizations: Sanofi, Barclays, Banor SIM, Siemens Energy, Volkswagen, Volvo, Asset Management, Euroland Equity, pharma, Thomson Locations: Milan, Swiss, London

[1/3] The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. The broader European banking index (.SX7P) fell as much as 2.4% to its lowest in four months by 1017 GMT. Top fallers on the index were Standard Chartered, down 9%, Swedbank (SWEDa.ST), down 7% and BNP Paribas (BNPP.PA), down around 4%. Concerns about China's economic fragility are also hitting some European banks with major operations in Asia. Sabadell (SABE.MC) rose around 3.7% after raising its outlook for 2023 net interest income growth on the back of higher interest rates.

Persons: Peter Nicholls, Chris Hiorns, Banks, Hiorns, Angelo Meda, Meda, Iain Withers, Naomi Rovnick, Joice Alves, Jesus Aguado, Danilo Masoni, Amanda Cooper, John Stonestreet, Toby Chopra Organizations: Chartered, REUTERS, BNP, European Central Bank, Traders, SIM, Sabadell, Thomson Locations: London, Britain, LONDON, Milan, Asia, Madrid

☆ Around 76 locations were raided in India as part of a crackdown on phony tech support scam calls
▼ + stars: | 2023-10-21 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Around 76 locations were raided across 12 Indian states in a crackdown on tech support scam calls. AdvertisementAdvertisementIndia has been cracking down on tech support scammers in an effort to "combat and dismantle" finance-related cyber crime, officials announced on Thursday. Officials raided around 76 suspected illegal call center locations across India, in several different states, according to a press release from India's Central Bureau of Investigations. The scammers often pretend to work for reputable companies like Microsoft and Amazon, according to a press release from Amazon. —Central Bureau of Investigation (India) (@CBIHeadquarters) October 19, 2023Law enforcement seized 32 phones, 48 laptops and hard discs, and 33 SIM cards and froze several bank accounts amid the raid of the 76 locations, according to CBI.

Persons: —, Doug Thomas, they're Organizations: Bureau of Investigations, Amazon, Microsoft, Service, Officials, India's Central Bureau of Investigations, CBI, Bureau of Investigation, FBI Locations: India, Canada, Australia, Germany, Spain, Bihar, Dehli, Haryana, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Punjab, Tamil Nadu, Uttar Pradesh, West Bengal

☆ The startup enables investors to buy secondary shares in pre-IPO companies. Check out the 11-slide pitch deck Hiive used to raise $4.2 million.
▼ + stars: | 2023-10-17 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Hiive, a startup that offers a marketplace for secondary shares in private tech companies, has raised $4.2 million in funding. The Vancouver-based company, founded in 2021, enables the purchase and sale of stakes in pre-IPO, venture-backed companies. Hiive, led by Sim Desai, formerly of secondaries broker Setter Capital, wants to provide a marketplace where an array of buyers and sellers can make trades. "We saw this market growing exponentially after 2021 and thought there must be an opportunity to centralize this rapidly growing market," Desai told Insider. Hiive's $4.2 million funding was led by Uncorrelated Ventures, alongside Splash Capital, Harmony Venture Partners, Hack VC, and Agmen Capital.

Persons: Sim Desai, Desai, we've, it's, Hack Organizations: Capital, Splash Capital, Harmony Venture Partners, Agmen Locations: Vancouver

☆ I've been a solo traveler for years. Here are my 8 best tips for traveling alone.
▼ + stars: | 2023-10-17 | by ( Dan Ginn | ) www.businessinsider.com time to read: +5 min

I'm currently in my fifth year of solo travel, but began my nomadic lifestyle with an eager attitude. To ensure you avoid making the same mistakes I did, I've gathered some simple and practical tips every solo traveler needs to know. However, solo travel can definitely open you up to vulnerable situations. AdvertisementHave Google Maps available on your phoneI've found that Google Maps is most reliable when traveling. This is even more true if you're traveling to remote locations.

Persons: I'm, I've, Dan Ginn, you'll, They're Organizations: Business, Google

☆ Yen gets reprieve as dollar dented by private payrolls report
▼ + stars: | 2023-10-05 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. Having come off its nearly 11-month high, the dollar index , which tracks the greenback against six peers, held near overnight levels, settling at around 106.55. Longer dated U.S. Treasury yields eased from 16-year highs after the data and remained lower in the Asian day. Besides the lower U.S. Treasury yields, the yen also drew support from an overnight drop in oil prices, said Kyle Rodda, markets analyst at Capital.com, though he added that it was likely to be a "short-term reprieve." The Australian dollar fetched $0.63655 , up over 0.6%, while the kiwi was up around 0.5% to $0.59445 against the greenback.

Persons: Florence Lo, Moh Siong Sim, Shunichi Suzuki, Kyle Rodda, Rodda, Brigid Riley, Gerry Doyle, Simon Cameron, Moore Organizations: U.S, REUTERS, Rights, Treasury, Federal Reserve, ADP, Bank of Singapore, Bank of, Japan, Finance, Japanese Finance Ministry, Sterling, Australian, greenback Locations: U.S, Bank of Japan, Tokyo, OPEC

☆ Yen gets some relief as dollar pulls back after private payrolls report
▼ + stars: | 2023-10-05 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The dollar index , which tracks the greenback against six peers, held near overnight levels at 106.53. Longer dated U.S. Treasury yields eased from 16-year highs after the data and remained lower in the Asian morning. Elsewhere, the euro was up 0.18% so far in Asia at $1.0524 , keeping above this week's fresh low of $1.0448. The Australian dollar fetched $0.6361 , up over 0.5% in early trade, while the kiwi similarly ticked up 0.5% to $0.5943 against the greenback.

Persons: Florence Lo, Moh Siong Sim, Shunichi Suzuki, Kyle Rodda, Sterling, Brigid Riley, Gerry Doyle, Simon Cameron, Moore Organizations: U.S, REUTERS, Rights, Treasury, Federal Reserve, ADP, Bank of Singapore, Bank of, Japan, Finance, Australian, greenback, Thomson Locations: U.S, Bank of Japan, Tokyo, Asia

☆ Regent aims to fly its electric seagliders over the waterways of Japan
▼ + stars: | 2023-10-05 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

Billy Thalheimer (CEO) and Michael Klinker (CTO) of REGENT with a full-scale mockup of their first electric seaglider. Regent, a startup developing electric seagliders to transport people and cargo, has raised a $60 million round of venture funding and struck a partnership with Japan Airlines to figure out how to bring the company's flying electric ferries to the waterways of Japan. Venture fund 8090 Industries co-led Regent's series A round alongside Peter Thiel's Founders Fund, with Japan Airlines Innovation Fund and Point72 Ventures also participating among others. The commercial version of this battery powered 12-seater, named the Viceroy, will fly higher above the water at speeds of up to 180 mph, Thalheimer says. Thalheimer said, "You can build as many decks or pitches as you want but this is the experience that unlocks excitement."

Persons: Billy Thalheimer, Michael Klinker, REGENT, Peter Thiel's, Regent, seaglider, Thalheimer Organizations: Japan Airlines, Venture, Japan Airlines Innovation Fund, Point72 Ventures, CNBC Locations: Japan, Rhode, Narragansett

[1/2] A logo of Alstom is seen at the Alstom's plant in Semeac near Tarbes, France, February 15, 2019. The shares were heading for their worst one-day drop in over 20 years as of 1140 GMT, down 37%, which wiped some 3 billion euros ($3.16 billion) from Alstom's market value. The group said it now expects a cash outflow of 500-750 million euros over the full year, after a preliminary first-half outflow of 1.15 billion euros, well above the consensus for a 152 million euro outflow cited by Jefferies. The cost of insuring Alstom's debt against the risk of default shot to its highest since last November, according to data from S&P Global Market Intelligence. Citi analysts were less concerned about liquidity, but said "the past track record on cash means cash improvement is now very much a 'show me' story".

Persons: Regis Duvignau, Jefferies, Angelo Meda, JP Morgan, Olivier Sorgho, Danilo Masoni, Chiara Elisei, Amanda Cooper, Alexander Smith Organizations: Alstom, REUTERS, Banor SIM, Deutsche Bank, P Global Market Intelligence, Traders, Citi, Thomson Locations: Semeac, Tarbes, France, Paris, Milan, Britain

☆ Divided again, South Korea beat North Korea in Asian Games basketball
▼ + stars: | 2023-09-29 | by ( Ian Ransom | ) www.reuters.com time to read: +4 min

Ro captained North Korea and guard Kim started on the bench, while South Korea had forward Kang Lee-seul, guard Park Ji-hyun and centre Park Ji-su among the 2018 alumni. With South Korea and North Korea still technically at war, there has been diplomatic tension at the Games. North Korean athletes refused to join South Korean rivals for a group photo of medal winners at the shooting competition. North Korea had a cheer-squad numbering a few dozen people high up in the grandstand of the half-full stadium. A North Korea team official sitting beside Jong, who was an assistant coach of the unified team in 2018, said the question was not relevant.

Persons: Ann Wang, basketballers, Lee, Ro Suk, Yong, Kim Hye, Jang, Ro, Kim, Kang Lee, Ji, Jung Sun, Jung, Jong, Ian Ransom, Christian Radnedge Organizations: Hangzhou Olympic Sports Centre Gymnasium, North, REUTERS, Rights, Asian, South, China's, Group, Hangzhou Olympic Sports Centre, Games, Unified Korean, Jakarta Asian Games, Olympic, North Korea, North Korean, Democratic, Thomson Locations: Hangzhou, China, Rights HANGZHOU, Jakarta, South, North Korea, South Korea, South Korean, Korea, Korean, Pyeongchang, DPRK, Democratic People's Republic of Korea, Korea's, North Korean

☆ Yen falls after BOJ stands pat on easy policy; dollar elevated
▼ + stars: | 2023-09-22 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The yen last bought 148.09 per U.S. dollar. Sterling similarly eked out a 0.3% gain against the Japanese currency to trade at 181.80 yen. "I guess people were expecting the BOJ to leave policy unchanged but perhaps tweak the wording a bit to remove the accommodative stance." The New Zealand dollar edged 0.08% higher to $0.5936 and was eyeing a weekly gain of more than 0.5%.

Persons: Florence Lo, Kazuo Ueda, Sterling, Siong Sim, Shunichi Suzuki, Ray Sharma, Ong, BoE, Daniela Hathorn, Rae Wee, Christopher Cushing Organizations: U.S, REUTERS, Rights, Bank of Japan, Bank of Singapore, Treasury, Federal Reserve, Japan's Finance, New Zealand, Fed, Bank of England, Capital.com, Thomson Locations: Rights SINGAPORE

The FBI is investigating the MGM and Caesars breaches, and the companies did not comment on who may be behind them. In some cases - Mandia did not say which ones - hackers tied to Scattered Spider placed bogus emergency calls to summon heavily armed police units to the homes of executives of targeted companies. ALPHV, which according to Mandiant is a "ransomware-as-a-service", would provide services such as a helpdesk, webpage and branding, and in turn get a cut of whatever Scattered Spider would make from the hack. While many ransomware attacks go unpublicised, the MGM hack was a vivid example of the real-world impact of such incidents. Ransomware gangs often function like large organizations, and continue to evolve their methods to adapt to the latest security measures organizations use.

Persons: Bridget Bennett, helpdesk, they’d, Wendi Whitmore, Adam Meyers, it's, Kevin Mandia, Mandiant, Reuters couldn't, CrowdStrike's Meyers, helpdesks, David Bradbury, they've, Bradbury, ALPHV, Okta's Bradbury, Whitmore, Zeba Siddiqui, Raphael Satter, Chris Sanders, Claudia Parsons Organizations: MGM, MGM Resorts, REUTERS, FRANCISCO, Alto Networks, Caesars Entertainment, FBI, Caesars, Google, Reuters, Microsoft, British, Thomson Locations: Las Vegas , Nevada, U.S, WASHINGTON, Canada, Japan, United States, reassign, Las Vegas, San Francisco, New York

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