Author: Press Room

Traders calling in sick with Covid-19 in Beijing had depressed trading volumes when China first reopened its economy in December. A recovery in local economic activities — and traders’ health — has boosted local stocks this month. Regulators want to turbocharge that rebound in the local $11tn equity market. Foreign investors have noted a change in tone from Beijing about regulation and economic expansion. A recent Morgan Stanley poll of its global clients suggested the bulk expected China to drive a global economic recovery. Global funds have already shifted Rmb29bn ($4.3bn) into China’s stock market this year, as sectors laden with…

Fantom accelerates into a sensational rally continuation after cracking key resistance at $0.50. But will it continue and how high can FTM go?After a difficult period of crypto winter price consolidation throughout 2022. A chapter which has seen Fantom (FTM) stuck in ranging action between $0.16 and $0.44 for 8 months.January was bright, as Fantom bulls continued to carry the rally higher and higher. In a move defying analysts’ expectations.Bollinger bands (volatility measure) tightening into Jan 2 set the stage for a steady rally.And then price levels smashed across the floor, like a bull in a china shop. As Fantom…

A group of cross-party MEPs on Thursday launched a website to allow for the anonymous tip-off of “shady lobbying” of European Union institutions by big tech companies.The hotline website — lobbyleaks.eu — promises to guarantee complete anonymity for staff of EU institutions that come forward to tip off any irregularities in lobbying practices by Big Tech companies.The aim, according to a press statement, is to increase pressure on EU institutions “to hold Big Tech’s shady lobbying campaigns to account” and increase transparency.Currently, any individual or organisation that lobbies EU institutions in the hope of influencing the legislative process must be registered on…

Ferrari projected even higher sales and profits this year after delivering record results in 2022, driven by demand across the Americas and China, as it shrugged off the spectre of an economic downturn. The supercar brand’s net profits, revenues and cash generation hit record levels last year, as luxury buyers splashed out for more models and spent ever-higher sums on personalised features. Sales growth was driven by its entry-level Portofino M, and higher demand for its hybrid hypercar, the SF90. In China, sales rose 73 per cent to 1,552 models, while in the Americas they rose 22 per cent 3,447…

Cataracts aren’t usually a big draw on social media, but millions of people are finding out about this leading cause of blindness — and the 10-minute surgery that can fix it — after a viral video posted by YouTube star MrBeast.In the clip, titled “1,000 Blind People See For The First Time,” the content creator — whose real name is Jimmy Donaldson — announces that he has paid for cataract surgeries for hundreds of patients who couldn’t afford the procedure.“When patients go into surgery, there’s a chance that they can get their life back,” Donaldson, who is the most-followed individual…

BEIJING: China, only the third country to put a man in space after the Soviet Union and the United States, is to build ground stations in Antarctica to back its network of ocean monitoring satellites, state media said on Thursday (Feb 2). China’s global network of ground stations to support a growing number of satellites and outer space ambitions has drawn concern from some nations that it could be used for espionage, a suggestion China rejects. In 2020, Sweden’s state-owned space company, which had provided ground stations that helped fly Chinese spacecraft and transmit data, declined to renew contracts with…

The Five-Point Consensus is ASEAN’s peace plan for Myanmar, which was agreed on by all 10 leaders in Jakarta in April 2021, two months after the military coup in the member country.  The plan calls for an immediate cessation of violence, dialogue among all parties, the appointment of a special envoy, engagement with the envoy, and regional humanitarian assistance. INDONESIA’S COMMITMENT TO IMPROVING MYANMAR SITUATION Indonesia said it has formed the office of special envoy to Myanmar led by the Foreign Minister as mandated by the Five-Point Consensus.  However, head of the Department of International Relations at Jakarta-based Centre for…

EXCLUSIVE: Former Acting Defense Secretary Chris Miller said China “must be laughing hysterically” at the United States as senior Pentagon leaders get caught up in culture wars and warned that focus is hurting U.S. combat readiness.Miller, who served as acting defense secretary at the end of the Trump administration, told Fox News Digital in an exclusive interview he is worried about the level of focus on social issues at the Pentagon.”Hardly anybody joins the military to be part of the culture wars,” he said. “They join the military because they want to serve their country and, if necessary, defend our…

Pressing forward. Riley Keough‘s family is impressed with the way she’s been handling things after the death of her mother, Lisa Marie Presley, an insider exclusively reveals in the new issue of Us Weekly. “Riley is taking charge and poised for a huge role in the whole family estate moving forward,” the source says of the Zola actress, 33. “She’s been front and center helping with the funeral arrangements, sitting down with Lisa Marie’s people to handle her will, the custody situation involving [Michael Lockwood], plus taking care of the twins and comforting [grandmother] Priscilla [Presley] and many others her…

The hardest part of identity and access management (IAM) technology is making it work with multi-vendor infrastructure and the growing number of applications that enterprises rely on to get business done. Primarily this is because the last-mile integration of applications and identity systems have traditionally been hard coded to allow for the exchange of information about a user, their identity, roles, and access permissions. In the early days of identity, organizations were required to write bespoke code to integrate apps with identity systems. With the advent of software-as-a-service (SaaS) apps, this model was no longer viable because you don’t control…