Kakao shares slump after widespread service outage

SEOUL: Shares in South Korea’s Kakao plunged more than 9 per cent on Monday (Oct 17) after a fire at a data centre south of Seoul damaged servers on the weekend, causing an extensive service outage in the country’s main chat app. The outage of the chat app, predominantly usedContinue Reading

China’s plans for military growth driven by ‘internal factors’, territorial security, say experts

That option is partly targeted at “interference” by external forces, he stated. Beijing faces renewed criticism from the West over aggression towards Taiwan. Tensions between Beijing and the West went up in August following United States House Loudspeaker Nancy Pelosi’s trip to Taipei. When questioned how Mr Xi will balanceContinue Reading

It’s Xi’s party at China’s historic 20th Congress

During the speech, thunderous clapping greeted Xi’s mention of perceived successes, ranging from stamping out COVID-19 outbreaks to quelling unrest in Hong Kong. The longest and loudest applause came for his comments on Taiwan, as he stated: “Reunification of the motherland must be achieved and will be achieved.” Xi madeContinue Reading