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Facebook set to unveil new cryptocurrency

 Facebook is set Tuesday to unveil a bid to bring cryptocurrency payments into the mainstream, reportedly with the endorsement of governments and financial giants. The world’s biggest social network is expected to outline details of a virtual currency launching next year that it hopes will avoid the rollercoaster volatility of “blockchain” technologies such as bitcoin. Facebook is setting up a ...

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Asian markets mixed ahead of central banks’ rate decisions

Photo : A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, June 18, 2019. Singapore, Jun 18 : Asian stocks were mixed on Tuesday as caution set in ahead of interest rate decisions by the U.S. Federal Reserve and other central banks. Japan’s benchmark Nikkei 225 eased 0.7% to 20,972.71 while South Korea’s Kospi ...

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Narayanganj youth builds gorgeous electric car from scratch

Photo: Made almost from scratch, the car runs on five batteries. Narayanganj, June 17 : At first sight, it looks like a gorgeous imported sports car. At most, some may think it was assembled in the country after importing foreign materials. But a youth named Akash, a resident of Narayanganj, actually built the car from scratch at a workshop here ...

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Donald Trump hits out again at Sadiq Khan over London violence

US President Donald Trump has once again criticised London Mayor Sadiq Khan, calling him a “national disgrace” who is destroying the UK’s capital. His comments came after five attacks in London in less than 24 hours left three men dead and three others injured. Labour leader Jeremy Corbyn said it was “absolutely awful” Mr Trump was using the “tragedy of ...

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Target’s tech trouble clogs stores with long checkout lines

Photo: Customers wait on a long check out line at a Target store in San Francisco on Saturday, June 15, 2019. San Francisco, Jun 16 : A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father’s Day. The roughly two-hour outage periodically prevented ...

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Middle East attack jolts oil-import dependent Asia

Photo: Yutaka Katada, president of Kokuka Sangyo Co., the Japanese company operating one of two oil tankers attacked near the Strait of Hormuz, shows a photo of the attacked oil tanker during a news conference Friday, June 14, 2019, in Tokyo. Seoul, Jun 15 : The blasts detonated far from the bustling megacities of Asia, but the attack this week ...

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Asian shares mixed over concerns about oil tankers, trade

Photo : In this June 6, 2019, file photo specialist John Parisi, left, works with traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, June 13. Tokyo, June 14 : Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil ...

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UK home secretary puzzled by exclusion from Trump banquet

Photo : Conservative leadership contender and Britain’s Home Secretary Sajid Javid delivers a speech to launch his campaign to become the next Conservative prime minister, in London, Wednesday, June 12, 2019. London, June 13 : Britain’s interior minister said Thursday that he is puzzled about why he wasn’t invited to last week’s state banquet for U.S. President Donald Trump at ...

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Scottish leader: Brexit signals need to chart future path

Photo: Scotland’s First Minister Nicola Sturgeon speaks during an event in Brussels Tuesday, June 11, 2019. Brussels, Jun 13 : Scotland’s First Minister Nicola Sturgeon says Brexit and the “horror show” of the British government leadership contest are signs that Scotland needs to chart a different future path, probably outside the United Kingdom. Sturgeon said Tuesday that “increasingly, Scotland and ...

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Earthquake tests new wireless network in far-flung Alaska

Photo: A wireless hotspot device on a police patrol car laptop in Anchorage, Alaska. Anchorage, Jun 13 : The police chief of Alaska’s largest city hurried out of the department’s glass building after the ground began to shake. Phone lines jammed and even police radios were spotty after a major earthquake, but his cellphone was recently equipped with a national ...

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