Singapore 

HIV data leak: MOH aware only in 2016 that Mikhy Farrera Brochez had access to data, says Gan Kim Yong, Singapore News

While he first informed the authorities in 2012 that his partner had disclosed information about his HIV status to others and shared screenshots of this, Mikhy Farrera Brochez, the American at the centre of the leak of Singapore’s HIV Registry, was uncooperative and did not provide any evidence. The investigation hence did not make much headway, said Health Minister Gan Kim Yong in Parliament on Tuesday (Feb 12). Mr Gan was responding to questions from MPs about whether the Ministry of Health (MOH) had known about Brochez’s possible access to…

Read More
Home 

Chinese broker shares surge after Beijing moves to widen foreign access to capital markets

Chinese brokerage firms jumped Friday morning, after China further loosened restrictions on both domestic brokers and foreign institutions to invest in the capital markets. The measures included combining two programmes – the Qualified Foreign Institutional Investor (QFII) and Renminbi Qualified Foreign Institutional Investor (RQFII) – to give foreign investors wider access to futures, options, bond repurchases and private equity funds. ChinaLin Securities soared 6.2 per cent to 9.20 yuan by noon close on the Shenzhen Stock Exchange. Sealand Securities and CSC Financial surged 3.3 per cent and 3.1 per cent…

Read More
Singapore 

Doctor who leaked list of people with HIV can’t practise, has no access to national health database, Singapore News

SINGAPORE – The doctor who leaked the details of 14,200 people with confirmed HIV, and another 2,400 of their contacts – including sexual partners and drug users who could also be at risk of infection – is still on the Register of Medical Practitioners. But he no longer has a practising certificate, which is required to practise medicine in Singapore, said the Ministry of Health (MOH). Also, unlike other doctors, Ler Teck Siang no longer has access to confidential information of patients in the National Electronic Health Records (NEHR), which…

Read More
China 

China’s central bank denies delaying Mastercard and Visa access to payments market

China’s central bank has denied reports that it is dragging its heels on opening the massive Chinese payments market to Mastercard and Visa. While Mastercard filed an application to provide yuan payment services in 2017, the card issuer retracted the application in June 2018, an unidentified official in the People’s Bank of China (PBOC) department that licenses payment services told a Chinese financial news portal. Visa was said to have retracted its original application in January 2018. It reapplied in April, according to wallstreetcn.com, but the central bank found that…

Read More
Home 

Hong Kong brokers brace for hard times in 2019, urge regulators to speed up access to Greater Bay Area

Hong Kong’s smaller brokerages have lobbied local regulators to introduce measures that would allow them to broaden their ­market to the 70 million residents in the “Greater Bay Area”. Christopher Cheung Wah-fung, a lawmaker representing the financial services sector, said such measures were needed to help smaller companies survive. “The year 2018 was bad, but even tougher times are expected in 2019. The US-China trade war and Brexit have added to market uncertainties. Investors may avoid the stock market in 2019, and it could be tough for small brokers in…

Read More
China 

Will China make good of its latest promise to give private firms more access in a market that favours the state sector?

China’s private sector, the driving force behind the country’s economic miracle over the last 40 years, is struggling amid the Chinese government’s campaign to reduce national debt and the trade war with the United States. This is the third story in a series that will detail the challenges private firms face and outline the government’s attempts to address them. In late October, the profit-losing state-owned automaker FAW Group received a 1 trillion yuan (US$145 billion) credit line from 16 of China’s biggest lenders, at the same time that Beijing reiterated…

Read More
Home 

Australia’s new telecom bill allowing law enforcement access to encrypted messages (like WhatsApp) could backfire

The Australian Senate’s last piece of business for 2018 was to hurriedly pass the Telecommunications and Other Legislation (Assistance and Access) Bill before the end of the year. Among the new powers, is the power to issue technical capability notices to companies that provide encrypted products and services to require them to ensure their systems would allow exceptional access for law enforcement and/or intelligence agencies. This follows a statement from the Five Country (Australia, New Zealand, Canada, UK, US) Ministerial in August 2018, that: “should governments continue to encounter impediments…

Read More
Home 

British telecoms giant BT Group to strip Huawei from core networks, limit 5G access

Britain’s BT Group said on Wednesday it was removing Huawei Technologies’ equipment from the core of its existing 3G and 4G mobile operations and would not use the Chinese company in central parts of the next-generation 5G network. That followed recent moves made by New Zealand and Australia to stop telecommunications operators from using Huawei’s equipment in new 5G networks because of concerns about possible Chinese government involvement in their communications infrastructure. Huawei, the world’s biggest telecoms network equipment supplier ahead of Ericsson and Nokia, has said Beijing has no…

Read More
Home 

TD Ameritrade’s Trading App “thinkorswim” Provides Access to US Equities

[Sponsored Article] As of the end of August, the US represented 40% of the world’s equity while China and Hong Kong represent 7.5% and 6.5%, respectively. Being the largest and most liquid equity market in the world, the US offers a variety of investment opportunities in many different sectors.  In addition to having the opportunity to invest in famous American companies like Google, Apple or Amazon, Hong Kong investors can now also easily invest in famous Chinese companies like Alibaba, Baidu, and Weibo.  Hundreds of Chinese companies are listed in…

Read More
Home 

DJI fixes security flaw that potentially could have given hackers access to user data

Cybersecurity researchers found a security flaw in drone maker DJI that could have given hackers access to owners’ data, which the Chinese manufacturer has fixed. The vulnerability was discovered in the user identification process within DJI Forum, a company-sponsored online forum about its products, researchers at Israeli firm Check Point Software Technologies said on Thursday. They said the vulnerability, if exploited, could have granted a hacker access to drone user’s DJI account without being aware of it. The vulnerability, which was flagged by Check Point’s researchers to DJI in March…

Read More