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Tag: 7asia

  • Tokio Marine Hit by Ransomware Attack in Singapore

    Tokio Marine Hit by Ransomware Attack in Singapore

    Japanese-headquartered insurer Tokio Marine Group was the latest ransomware victim with an attack launched on its Singapore unit.

    Some of Tokio Marine Insurance Singapore’s (TMiS) internal servers were targeted on July 31, according to a statement, which was isolated detection to prevent further damage. The Japanese insurer also filed reports to local governmental agencies.

    We sincerely apologize for any inconvenience and concern caused to our customers or related parties, the group said.

    The group is still identifying the extent of the damage but thus far, there has been no indication of loss of any customer or confidential information and none of TMiS’ core insurance operating systems were affected.

    The life insurance unit Tokio Marine Life Insurance Singapore (TMLS) was also unaffected as it maintains different servers but TMLS still took immediate action to screen its own servers and adopt additional safeguards.

    Tokio Marine has also appointed an external specialist to perform a third-party analysis of its systems to determine the scope of the attack’s impact.

    A growing number of companies have been victims of attacks via ransomware – typically malware that threatens to publish data or block access unless a ransom is paid.

    In May, French insurer AXA also announced that it was also a ransomware victim in Asia with affected operations in Thailand, Malaysia, Hong Kong and the Philippines.

  • UOB Investment Banker Joins Chinese Brokerage

    UOB Investment Banker Joins Chinese Brokerage

    The experienced equity brokerage and investment banker will head up Haitong Securities’ corporate finance team in Singapore.

    UOB’s former head of equity capital markets (ECM) Jack Kang has joined Haitong International Securities (Singapore) as an executive director.

    Kang, who moved to Haitong in July, spent 11 years at UOB. He was previously ECM vice president at CIMB Securities, and ECM head at Phillip Securities.

    The publication noted the demand for investment bankers in Singapore, especially those with experience in the tech sector, amid a surge in deals, as well as a rapid expansion of Chinese firms in the city-state.

    We are expanding cautiously in line with business needs, Kang said.

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  • UBS Launches Wealth Management JV in Japan

    UBS Launches Wealth Management JV in Japan

    UBS and Sumitomo Mitsui Trust further their two-year alliance with the latest launch of a wealth management joint venture in Japan.

    UBS and Sumitomo Mitsui Trust Holdings (SMTH) has launched operations under joint venture UBS SuMi TRUST Wealth Management, according to a statement, across Japan in Tokyo, Osaka and Nagoya.

    The new company is the first in Japan to offer global securities and wealth management capabilities paired with custody, real estate, inheritance, and wealth transfer expertise of a Japanese trust banking group, UBS said.

    UBS and SMTH first announced the establishment of a wealth management alliance in June 2019.

    Soon thereafter, the two groups established a consultation and event organizing company to identify prospective new clients and began cross-selling each other’s products into their respective client bases.

    We knew that with a powerful partner specialized in this unique trust banking market, we could multiply the success we have already achieved organically,» said Victor Chang, UBS SuMi TRUST Wealth Management’s president and representatives director as well as the Japan head of wealth management. «No other wealth manager in Japan boasts the same breadth and depth of our services, not to mention global reach.

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  • The OnePlus 7 Pro in Nebula Blue and Mirror Grey

    The OnePlus 7 Pro in Nebula Blue and Mirror Grey

    Hours after OnePlus teased its 2019 flagship’s camera with a cover story shoot for Harper’s Bazaar India, official OnePlus 7 Pro press renders have leaked out online showing the triple-camera setup that was used and the rest of the phone’s sleek design.

    First published by the folks over at WinFuture and followed shortly after by unwatermarked versions courtesy of Ishan Agarwal, the press renders revealed today essentially confirm all other leaks and rumors.

    The OnePlus 7 Pro, as mentioned above, carries a new triple-camera setup on the rear which is aligned vertically and sits just above the dual-tone LED flash and the OnePlus logo. Regarding the actual sensors, rumor has it the flagship will sport a 48-megapixel primary camera that supports a wide f/1.6 aperture for improved low-light photography. Additionally, both OIS (optical image stabilization) and EIS (electronic image stabilization) are said to be present.

    Joining this primary snapper should be a new 16-megapixel super-wide-angle camera, similar to the one found on recent Samsung and LG flagships. Also present will be an 8-megapixel telephoto alternative which supports 3x optical zoom, as confirmed by OnePlus recently.

    Corroborated by today’s renders is the fact that the rear panel of the OnePlus 7 Pro will be carved out of a single slab of glass. In terms of colors, the renders that have leaked show the Mirror Grey and gradient Nebula Blue finishes, although a third brown option is rumored.

    Over on the front of OnePlus’ next flagship sits a huge 6.7-inch display that sports a 19.5:9 aspect ratio and a 3120 x 1440p (QHD+) resolution. This is paired with an extremely thin chin, almost no upper bezel, and virtually unnoticeable side bezels, the latter of which is party due to the display’s curved edges.

    Such a high screen-to-body ratio essentially results in the smartphone of many people’s dreams. However, it does come with one major drawback; there’s no room for the front-facing camera. Fortunately, OnePlus has a solution for this. Rather than removing the sensor entirely, the Chinese brand has chosen to equip the OnePlus 7 Pro with a small pop-out module on top. This isn’t visible in today’s renders but it’s rumored to house a 16-megapixel selfie snapper.

    Circling back to the OnePlus 7 Pro’s display, as confirmed recently it supports refresh rates of up to 90Hz. Depending on the content that is being shown, the display will automatically adjust the refresh rate to what it deems necessary, essentially improving the overall user experience while minimizing the impact on battery life. OnePlus is calling this technology Fluid AMOLED and it’ll be paired with an in-screen fingerprint scanner.

    Like most 2019 flagship smartphones, the OnePlus 7 Pro will arrive powered by Qualcomm’s Snapdragon 855 which will be paired with 6GB of RAM and 128GB of storage as standard. However, if this isn’t enough, variants with 8GB of RAM and double the storage will also be available in addition to a 12GB of RAM model.

    Unsurprisingly, the flagship will ship with Android 9 Pie and the latest version of Oxygen OS straight out of the box. It’ll also include a 4,000mAh battery and support OnePlus’ 30W fast charging technology. Those interested will be able to purchase a version with 5G support too, although this will be limited to certain markets.

    Speaking of availability, the 4G version of the OnePlus 7 Pro 4G should be available in all markets where OnePlus currently operates shortly after its announcement on May 14th. Additionally, T-Mobile is expected to carry the device in the US. Regarding its pricing, the 6/128GB variant is expected to start at $699/€699 while a recent leakpointed towards a $749/€749 for the 8/256GB model. Lastly, the 12/256GB offering is expected to cost $819/€819.

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