Japanese companies have faced a growing wave of cyberattacks in recent weeks, exposing millions of customers’ records as analysts warn that artificial intelligence is helping hackers exploit long-standing security weaknesses and overcome language barriers that once offered some protection. More than
The Australian defence ministry has launched an investigation into how a video recording device ended up in the cabin of a navy ship. The device was discovered aboard the HMAS Leeuwin, docked in the northeastern city of Cairns in the state of Queensland. Senator Jacqui Lambie – a prominent advocate
Amid Hong Kong’s commercial property downturn, British conglomerate Jardine Matheson has sold a street shop in Causeway Bay for HK$80 million (US$10.2 million) after holding it for more than 50 years, accepting a price HK$10 million below its earlier valuation. The property, a ground-floor shop in H
The world is on the cusp of a “China shock 3.0” driven by exports of artificial intelligence (AI), biotechnology and robots, which could hit harder than the current wave, a leading economist on China has said. “We are already at the starting point of the China shock 3.0,” Alicia Garcia-Herrero, a se
Susan Thornton is a former American diplomat who for decades worked on US policy in Eurasia in the State Department before becoming acting assistant secretary of state for East Asian and Pacific affairs during the first Trump presidency. She is the director of the Forum on Asia-Pacific Security at t
US Defence Secretary Pete Hegseth has called a nearly US$1.5 trillion defence budget request “absolutely critical”, warning that whoever falls behind in autonomy, robotics and AI will fall “even further behind” as Washington eyes China’s rapid military modernisation. Speaking at a panel discussion d
Be warned. The global economy is likely to experience a recession next year. War across the Middle East is set to escalate, wrecking energy supplies for many years, even as the artificial intelligence (AI) bubble is ripe to burst. This, however, would also create an energy leadership opportunity for
SpaceX boss Elon Musk said on Wednesday that any disruptions reported by Ukraine in using the Starshield satellite communications system would be the responsibility of the US government, not his company. “Starshield systems are owned and controlled by the US government. Any limits on speed or usage
US stocks dropped to their worst day since July on Wednesday, following the latest signal that inflation is getting worse. The S&P 500 sank 1.1 per cent for a fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average fell 48 points, or 0.1 per cent, and the Nasdaq
Bank of America, the second-largest US bank, failed to promptly report hundreds of millions of dollars in suspicious transactions bearing signs of Chinese money-laundering networks, US regulators said on Tuesday, announcing more than US$1.21 billion in penalties for broader anti-money-laundering and