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Investors seek safe havens as Omicorn spreads in Asian markets

by AIP Online Bureau | Jan 16, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

“Asia will be better braced to cope with omicron waves, which may prove to be more short-lived,” said Wai Ho Leong, a strategist at Modular Asset Management. “Markets that are better vaccinated and have timely social distancing curbs are also likely to recover faster...

Russia takes down REvil hacking group at U.S. request – FSB

by AIP Online Bureau | Jan 16, 2022 | International News, Technology

The United States has been hit by a string of high-profile hacks by ransom-seeking cybercriminals. A source with direct knowledge of the matter told Reuters in June that REvil was suspected of being the group behind a ransomware attack on the world’s biggest...

“Provide separate bucket for life insurance premium, tax-free annuity in Budget”

by AIP Online Bureau | Jan 16, 2022 | Indian News, Life, Policy

The Rs 1,50,000 limit for tax rebates is a pretty cluttered bucket and it does not give much space for the life insurance premiums (to get the full benefit of tax exemption), Karthik Raman, CMO and Head – Products, Ageas Federal Life Insurance, told PTI Life...

Microsoft discloses malware attack on Ukraine govt networks

by AIP Online Bureau | Jan 16, 2022 | Eco/Invest/Demography, International News, Technology

Ukrainian cybersecurity professionals have been fortifying the defenses of critical infrastructure since 2017, with more than USD 40 million in U.S. assistance. They are particularly concerned about Russian attacks on the power grid, rail network and central bank...

Spread of Omicron cases may disrupt global supply chain: EEPC India

by AIP Online Bureau | Jan 16, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

”While the order pipeline has been remarkably good, we could see some slowdown if Omicron disrupts the global supply chain. In the recent weeks, we have seen some signs of volatility and uncertainty due to the ongoing pandemic wave across the world but by...
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