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Alipay, the country’s top mobile payment platform, announced on Tuesday a major anti-fraud u
pgrade on its application by teaming up with 26 public security departments nationwide.
The new function, dubbed “Security Guard”, allows users to set up related accounts among f
amily members or close friends. Should any abnormalities on transactions occur, the system would send
out alerts to all related accounts in order to prevent the fraud from materializing and minimize loss of funds.
“Security is the lifeline of Alipay, and we hope to fight fraud in a manner as harsh as dru
nk driving,” said Rui Xiongwen, vice-president of Ant Financial, Alipay’s parent company.
Alipay users can choose to delay payment for two hours or 24 hours and raise an alert
on the platform if they deem such transactions potentially misdirected or fraudulent.
The system has been linked to local public security authorities to help freeze any transaction
s in doubt. The money will be credited back to the user’s account if authorities determine fraud has been committed.
A number of local anti-fraud centers in cities like Beijing, Shanghai and Shenzhe
n also pledged to cooperate with Alipay on financial security education and anti-fraud alarming systems.
of the sector with a focus on improving financial services and forestalling financial risks.
Opening-up of China’s financial factor has sped up, as the country re
moved foreign ownership caps of banks and financial asset management firms last year.
Richard Turnill, global chief investment strategist of BlackRock, an American global investment man
agement corporation, is also positive on China’s stocks market, according to the Barron’s report.
Turnill said stronger inflows into Chinese A-shares, and China’s efforts to boost credit growth and sti
mulate its economy are also helpful to a bullish stock market.
However, selectivity of stocks is needed, Turnill said, adding that BlackRock favors b
rokers and companies related to the domestic consumer that can benefit from the efforts to stimulate growth locally.
Major securities traders in China, such as the Merchants Securities, CITIC Securities, and Fo
under Securities are all optimistic about China’s stocks market this year, according to a report from finance.sina.com.
A widely criticized Australian newspaper cartoon showing tennis legen
d Serena Williams jumping up and down next to a broken racket and a pa
cifier which she had spat out was not racist, according to the country’s media watchdog.
The Australian Press Council ruled that the drawing, published by Murdoch group newspaper the Hera
ld Sun, did not breach Australia’s press standards and instead was capturing Williams’ “on-co
urt tantrum” at the 2018 US Open final “using satire, caricature, exaggeration and humor.”
The cartoon was published shortly after the bad-tempered final, in which Wi
lliams had a dispute with the umpire over his allegedly sexist treatment. The pr
ess watchdog received a number of complaints about the image, which drew international condemnation.
The press council said the newspaper “was depicting the moment when, in a high
ly animated tantrum, Ms Williams smashed a racquet and loudly abused the ch
air umpire, calling him a thief, a liar and threatening that he would never umpire her matches again.
NEW YORK — A Boeing 767 cargo jetliner with three people on board crashed into a bay near Housto
n’s George Bush International Airport on Saturday, said the US Federal Aviation Administration (FAA).
It is unlikely that anybody could have survived, said Brian Hawthorne, sheriff of the Chambers County of the US state of Texas.
Hawthorne told local newspaper Houston Chronicle that police have found human remains at the si
te of the crash and investigators have recovered parts of the plane, the largest at 50 feet (around 15 meters) long.
The twin-engine plane, operated by Atlas Air, was flying from Miami to Houston wh
en it crashed shortly before 12:45 pm local time (1845 GMT), said the FAA, add
ing that radar and radio contact was lost with the aircraft at around 30 miles (48 km) southeast of the airport.
The US National Transportation Safety Board will be in charge of the investigation, it said.
Meanwhile, Atlas Air said the flight was being operated for Amazon.
“Our main priority at this time is caring for those affected and we will ensure we do all
we can to support them now and in the days and weeks to come,” Atlas Air said in a statement.
Beijing’s new international airport finished its flight inspections on Sunday, 19 days ahead of schedule, according to the civil aviation authority.
At 10:20 am, an aircraft taking off from Beijing Capital Internation
al Airport in the northeastern part of the city landed smoothly on the northern run
way at Beijing Daxing International Airport. The Civil Aviation Administration’s North China Regional Bu
reau called the event a “successful completion” in a news release, referring to its series of flight inspections.
The inspections, which lasted for 34 days, started on Jan 22 and were suppo
sed last until March 15 to cover the airport’s four runways, six landing systems, lighting facilities and other services.
Flight inspections, which all airports must undergo before opening, are designed to ensure the airport’s flight pro
cedures and aviation navigational aids will be ready for operation, according to the news release.
Daxing airport is scheduled to be completed by June 30 and enter commercial operation before Sept 30.
Article 50 — the legal process under which an EU member state can leave — and refused to rule out a no-deal Brexit.
The UK Parliament is due to debate the divorce again on Wednesday when May is expected to update lawmakers on any pr
ogress made in talks with European counterparts on the divisive issue of the Northern Irish backstop.
This weekend she will meet European Council President Donald Tusk on the margins of
the EU-League of Arab States Summit in the Egyptian Red Sea resort of Sharm el-Sheikh.
Three Conservative MPs have quit Theresa May’s party over Brexit
By Eliza Mackintosh, CNN
Updated 1619 GMT (0019 HKT) February 20, 2019
Ex-Conservative MPs Heidi Allen, second left, Anna Soubry, center, and Sarah W
ollaston, right, arrive for a press conference in Westminster in London on Wednesday.
Ex-Conservative MPs Heidi Allen, second left, Anna Soubry, center, and Sarah
Wollaston, right, arrive for a press conference in Westminster in London on Wednesday.
(CNN)Three lawmakers walked out of UK Prime Minister Theresa May’s Conservative party on Wednesday, joini
ng a new group in Parliament that has blown up the British political landscape in less than three days.
The trio’s dramatic decision to join a group of eight independent MPs, who split fro
m the opposition Labour Party earlier this week, caused consternation at Westminster. They
voters have spent in line to cast their ballots in the crucial election.
The incumbent, Muhammadu Buhari, 76, is running against 71 other ca
ndidates, but his main challenger is Atiku Abubakar, a 72-year-old business tycoo
n and former vice president. They are both Muslim candidates from the north of the country.
When Buhari, a former military ruler, was elected in 2015, it wa
s the first peaceful transition of power in Nigeria. He promised to offer a clean sweep of the old
routine, but many have been left disillusioned and angry at the rising levels of inequality and extreme poverty.
More than 84 million people registered for the vote in Africa’s largest economic p
ower, according to data from the Independent National Electoral Commission.
Videos have surfaced on social media reportedly showing the burni
ng of ballot papers and disruption of the electoral process in various parts of the country.
But dreams of a new reality for Iran screeched to a halt in May 2018 when President Donald Tr
ump pulled the United States out of the nuclear deal. Despite repeated certifications that Iran was
sticking to its end of the bargain, Trump unleashed several rounds of stinging sanctions on the country.
The US president said the penalties aimed to force Iran to end its military adventurism in the region, a demand that Iranian officials have repeatedly brushed off.
Officially, the sanctions exempt humanitarian goods, such as food, medicine and medicin
al instruments. But in reality, shortages in essential goods have affected households across the country.
Ali now gets the medicines to treat his daughter’s rare genetic disease, from friends living abr
oad. Her medical bill has more than doubled, forcing him to sell his car, work two jobs, and accu
mulate loans. He says that his entire salary from his day job as a waiter goes toward Dory’s treatment.
”I am a wedding singer at night. I try to stay cheery and
keep a smile on my face, but on the inside all I can think about is my daughter,” says Ali.