Day: July 11, 2023

Chinese Hackers Gained Access to Government Email Accounts, Microsoft Says

Media Library

Chinese hackers intent on collecting intelligence on the United States gained access to government email accounts, Microsoft disclosed on Tuesday night. In a blog post, Microsoft said about 25 organizations, including government agencies, had been compromised by the hacking group, which used forged authentication tokens to get access to individual email accounts. Hackers had access to at least some of the accounts for a month before the breach was detected, Microsoft said. It did not identify the organizations and agencies affected. The new breach does not appear to be of…

China beats SpaceX with world’s first methane-powered rocket launch

Media Library

This morning’s lift-off marks the second attempt for the Zhuque-2, after an unsuccessful launch on December 14. Methane-powered engines – with their high performance and low operational costs – are particularly suited for the developing trend of reusable rockets. The technology is regarded as the front-running design in the new era of rocketry. The Zhuque-2 rocket ahead of the successful launch on Wednesday. Photo: Weibo The Zhuque-2 team’s achievement is another success for China’s private aerospace sector this year, following the successful launch in April of Space Pioneer’s liquid-propelled Tianlong-2.…

China jobs: graduates face ‘sluggish prospects’ and US$3,000 a year or a helping hand to US$40,000 plus bonuses

Media Library

But now only three of the 46 students in her class have found jobs that pay around 2,000 yuan (US$279) per month, which is less than half of the average monthly salary for a fresh graduate in China. We felt hopeless at first, but now we have basically accepted the sluggish job prospects fact now He Yu “We felt hopeless at first, but now we have basically accepted the sluggish job prospects fact now,” said He, who is now applying for a master’s degree programme. Advertisement The world’s second-largest economy…

Japanese banks accused of ‘gender-washing’ over women in management

Media Library

Receive free Japanese business & finance updates We’ll send you a myFT Daily Digest email rounding up the latest Japanese business & finance news every morning. Japan’s financial regulators have warned that regional banks are prone to “gender-washing” in disclosures to investors due to legal ambiguity over leadership roles occupied by women. An average of just 13.7 per cent of managers at regional banks were women, compared with an average 20.8 per cent at the country’s three megabanks, according to a survey of 100 regional banks published by the Financial…

Toyota to step up hydrogen fuel cells push outside Japan

Media Library

Receive free Hydrogen vehicles updates We’ll send you a myFT Daily Digest email rounding up the latest Hydrogen vehicles news every morning. Toyota’s announcement of a breakthrough in solid-state batteries for electric vehicles stole the show last month when its engineers gave a sneak preview of its next-generation technologies. The news jolted the carmaker’s share price but much less investor attention was paid to a low-key presentation given on the same day on how Toyota planned to build a business by selling its hydrogen technology outside its home market. With…

Prayuth Resigns, Pita Seeks PM Vote as Thailand Faces Critical Week

Media Library

Bangkok —  Thai Prime Minister Prayuth Chan-ocha, the former army chief who has run Thailand since seizing power nine years ago in a coup, said Tuesday he is leaving politics. The decision comes just days ahead of a crunch vote that will decide if the leader of the kingdom’s pro-democracy camp can become prime minister. Prayuth, 69, toppled an elected government in 2014 — the 13th coup since the end of absolute monarchy in 1932 by a royalist army that has never allowed democracy to take root in Thailand. Throughout,…

Myanmar’s junta says it will sue 2 banned media outlets

Media Library

Junta officials are preparing to sue two independent media outlets, accusing them of not paying broadcasting fees imposed just before the military took power in a coup d’etat more than two years ago. The Yangon offices of the Democratic Voice of Burma, or DVB, and the Mizzima news agencies were raided by junta security forces in March 2021 – a month after the Feb. 1, 2021, military coup d’etat. The State Administrative Council, the official name of the military government, revoked the operating licenses of the outlets, which now operate…

The G.O.P. Backed Gal Luft on Hunter Biden Claims. Now He’s Indicted.

Media Library

The co-director of a Maryland-based research group who claims to have damaging information about Hunter Biden has been charged with arms trafficking, sanctions violations and acting as an unregistered agent for China, according to a federal indictment unsealed on Monday. In an eight-count indictment, prosecutors in the Southern District of New York accused Gal Luft, a dual U.S.-Israeli citizen, of violating the Arms Export Control Act and the Foreign Agents Registration Act in brokering arms deals between Chinese companies, Iran and countries in the Middle East. Mr. Luft, promoted by…

Three Uyghur groups receive grants from Elie Wiesel Foundation

Chin@Strategy

The Elie Wiesel Foundation for Humanity has awarded grants amounting to hundreds of thousands of dollars to three Uyghur groups dedicated to Uyghur rights advocacy and education amid ongoing repression against the mostly Muslim ethnic group by Chinese authorities. The Germany-based World Uyghur Congress and U.S.-based Uyghur Human Rights Project were selected as grantees for planning to host a conference of Uyghur allies and activists later this year in New York to discuss the international response to the persecution of Uyghurs, which the U.S. government and other Western parliaments have…