Showing 1-10 of 10 results
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Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
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Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
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Investors eye Argentina talks, May's Brexit sales job
Business, Published on 01/12/2018
» Recap: Emerging-market shares fell yesterday, backtracking from the upward trend of the past month as investors took a cautious stance ahead of high-stakes US-China trade talks over the weekend, along with British Prime Minister Theresa May's attempt to win parliamentary support for her Brexit deal forged with the EU.
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Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
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Growth forecast cut, Iran cases surge by 50%: Virus update
Published on 02/03/2020
» Iran reported a 50% increase in coronavirus infections, while New York City, Brussels, Berlin and Indonesia all reported their first cases. New cases were reported in Thailand and across the US. Hard-hit South Korea saw its total climb past 4,200.
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Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
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Rate cuts, stimulus moves help propel global stocks
Business, Published on 08/08/2016
» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.
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Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
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Global shares mixed, Set has worst week of year
Business, Published on 12/09/2016
» Recap: Global stock markets rallied last week, propelled by fading prospects for a US rate increase this month and upbeat Chinese import data. However, markets sank on Friday after North Korea reported a nuclear test and a senior Federal Reserve official said waiting much longer to raise rates could hurt the US recovery.
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Globalisation under threat, warns Citi economist
Business, Chiratas Nivatpumin, Published on 29/09/2014
» Policymakers across the world will face growing challenges from the threat of secular economic stagnation in the advanced economies, especially in the euro area, demographic changes and a retreat from globalisation, according to Willem Buiter, the chief economist for Citigroup.
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