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North Korean hackers suspected of creating accounts posing as NK News reporters

In an apparent attempt to trick professionals focused on the Korean conflict, hackers linked to the DPRK are suspected of setting up social media accounts claiming to belong to NK News reporters and other organizations in the field. South Korean firm ESTsecurity on Wednesday told NK News that a group suspected to work on behalf of the DPRK had set up a Facebook profile claiming to belong to an “NK News journalist” named Vincent Jin. An investigation by NK News found two Twitter accounts using the same name and profile picture used for the suspected

Shock waves in markets as Chinese firms default on record debts

Shock waves in markets as Chinese firms default on record debts India Published: Monday, December 14, 2020, 10:36 [IST] New Delhi, Dec 14: The Chinese state owned companies have defaulted on their debts and the state firms have defaulted on a record 6.1 billion USD worth of bonds between January and October according to Fitch Ratings. This development has sent shock waves in the debt market. The non-payment of debt payments is only getting worse and a slew of major companies such as BMW s Chinese partner, Brilliance Auto Group, Tsinghua Unigroup, and Yongcheng Coal and Electricity declared bankruptcy or defaulted on their loans in November.

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