Explainer-What is Lockbit? The digital extortion gang on a cybercrime spree

[ad_1] SAN FRANCISCO/LONDON : A cybercriminal group named Lockbit, which on Friday said it breached the Industrial and Commercial Bank of China(ICBC), has hacked some of the world’s largest organisations…

EXPLAINER-What is in Huawei’s new smartphone challenger to Apple?

[ad_1] BEIJING/SHANGHAI : A new series of smartphones launched by China’s Huawei Technologies has drawn global attention for containing technology that indicates the company has managed to overcome U.S. sanctions…

Explainer-What is a BRICS currency, and could one be adopted?

[ad_1] JOHANNESBURG : Brazil’s President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their…

Explainer-What is Hong Kong’s new dual HKD/RMB share counter?

[ad_1] HONG KONG : The Hong Kong stock exchange will start offering yuan-denominated Chinese stocks from Monday in what it calls a dual counter, a scheme that is seen as…