The government has announced 230 trillion yen ( 2 trillion) in stimulus, including help for local businesses and cash handouts of 100,000 yen ( 930) per adult to coax consumers into spending.

Cyber attack in Australia: China the chief suspect behind attack

Jun 19, 2020

China is the prime suspect of a huge cyber attack targeting Australian universities, hospitals, industry and governments. Critics say the attacks are part of a campaign by Beijing to bully and intimidate Australia following Canberra’s calls for an inquiry into coronavirus.

Swiss Re appoints Thierry Léger as Group Chief Underwriting Officer, announces changes to Life Capital Business Unit

Jun 19, 2020

Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “The changes announced today will position Swiss Re well for the next chapter of the Group’s strategic development. Having grown dynamically over the past years, iptiQ is on track to becoming a leading player in its field. And being part of Corporate Solutions will open further growth opportunities for elipsLife. In underwriting, we will continue to evolve our capabilities through cutting-edge research, access to more and better data and advanced analytics.“

China says one-fifth of Belt and Road projects ‘seriously affected’ by pandemic

Jun 19, 2020

Over 100 countries have signed agreements with China to cooperate in BRI projects like railways, ports, highways and other infrastructure. According to a Refinitiv database, over 2,600 projects at a cost of $3.7 trillion are linked to the initiative.
The challenge of the pandemic to BRI projects follows a pushback in 2018, when officials in Indonesia, Malaysia, Sri Lanka and elsewhere criticized projects there as costly and unnecessary.

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