News
Coupang profit falls 97% after major data breach
2+ hour, 39+ min ago (150+ words) SEOUL -- Coupang on Friday reported a 97% drop in fourth-quarter operating income as it continues to grapple with the fallout from a major data breach Coupang profit falls 97% after major data breach South Korea's e-commerce giant says recovery underway SEOUL -- Coupang…...
Japan tallies $2bn in losses to cyberscams and phone fraud
2+ week, 15+ hour ago (150+ words) Japan tallies $2bn in losses to cyberscams and phone fraud'Nikkei Asia Japan tallies $2bn in losses to cyberscams and phone fraud Most crimes linked to sophisticated gangs operating in Southeast Asia TOKYO -- Japan victims of phone or social media fraud lost 324.1 billion…...
Asia's cash comfort meets fintech reality clouded by lack of governance
3+ week, 1+ day ago (141+ words) Syed Munir Khasru is chairman of IPAG Asia Pacific, a Melbourne-based think tank.Asia is often celebrated as a digital pioneer, but beneath that narra Asia's cash comfort meets fintech reality clouded by lack of governance The lower the entry…...
EU companies adopt BYD, Yutong buses despite China security fears
3+ week, 3+ day ago (163+ words) HAMBURG, Germany -- Electric buses made by China's BYD and Yutong are increasingly popular in Germany and neighboring countries, despite misgivings in EU companies adopt BYD, Yutong buses despite China security fears German, Belgian, Austrian transport groups cite low price, superior…...
Nipah virus vaccine from University of Tokyo set for April clinical trial
3+ week, 5+ day ago (179+ words) TOKYO -- A Nipah virus vaccine candidate developed at the University of Tokyo is set to start clinical trials in Belgium in April.Multiple cases of th Nipah virus vaccine from University of Tokyo set for April clinical trial As new…...
Coupang interim CEO appears for police questioning over data breach
3+ week, 6+ day ago (153+ words) SEOUL -- Coupang's interim CEO appeared for questioning by South Korean police on Friday, the latest phase in the e-commerce giant's efforts to quell Coupang interim CEO appears for police questioning over data breach South Korean ecommerce giant's massive leak affected…...
Indonesia Stock Exchange CEO resigns after market rout
4+ week, 4+ hour ago (154+ words) JAKARTA -- The Indonesia Stock Exchange chief executive, Iman Rachman, announced his resignation on Friday, saying he was stepping down to take respon Indonesia Stock Exchange CEO resigns after market rout Iman Rachman says he has to take responsibility for failings…...
China, Huawei slam EU cybersecurity proposal
4+ week, 1+ day ago (139+ words) GUANGZHOU -- A recent step by the European Union toward shutting out Chinese information and communications technology companies has sparked a backlas China, Huawei slam EU cybersecurity proposal Beijing says legislation 'tarnishes' Brussels' image as open market GUANGZHOU -- A recent step…...
Thai conglomerate CP Group's CEO Suphachai steps down
1+ mon, 4+ day ago (162+ words) BANGKOK -- Thailand's Charoen Pokphand (CP) Group said its CEO, Suphachai Chearavanont, has stepped down in a major leadership change for the conglome Thai conglomerate CP Group's CEO Suphachai steps down Son of tycoon Dhanin Chearavanont to focus on tech investments…...
Coupang announces customer compensation for data leak crisis
1+ mon, 4+ week ago (121+ words) Coupang announces customer compensation for data leak crisis Ubiquitous South Korean delivery company's founder issues first public apology SEOUL -- E-commerce giant Coupang on Monday announced plans to provide compensation to the more than 33 million South Koreans affected by a recent…...