Global cybercrime shifts to state-backed hackers: Russian group

World / Crime & Legal Oct 10, 2018

Global cybercrime shifts to state-backed hackers: Russian group

The latest innovations in cybercrime have shifted from financially motivated actors to state-backed hackers focused on sabotage and intelligence gathering, a Russian cybersecurity firm said Tuesday. "The focus of innovations and research on the creation of complex malware, as well as organization of multi-layered targeted ...

Malaysia, Singapore agree to postpone rail project for two years: report

Business Sep 3, 2018

Malaysia, Singapore agree to postpone rail project for two years: report

Malaysia has agreed with Singapore to postpone the development of a high-speed rail service by two years, Malaysian media reported, as Southeast Asia's third-largest economy looks to review mega-projects to cut its massive debt. Malaysian business weekly The Edge on Saturday cited sources confirming both ...

China's Xi says funds for Africa not for 'vanity projects'

Asia Pacific / Politics Sep 3, 2018

China's Xi says funds for Africa not for 'vanity projects'

Chinese President Xi Jinping said Monday that Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove bottlenecks in the continent's development. Speaking at a business forum ahead of the start of a once-every-three-years China-Africa summit, Xi said: ...