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 p
ublic 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 abnor
malities 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 t
he 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.
s 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.
Chinese stocks market surged on Monday with benchmark indices in Shanghai and Shenzhen jumping over 5 percent, mak
ing daily turnover break through 1.04 trillion yuan ($155.5 billion), a new record s
ince 2015. The Barron’s, a fin ancial weekly published by Dow Jones & Company, said the performance of Chinese stocks is much better than the S&
P 500. Global investment management corporati
on BlackRock also suggested lasting gains of the bull market. Barron’s said the CSI 300 index, which tracks the largest stocks traded in the Shanghai and Shenzhen
stock exchanges, rose 6 percent on Monday,
with a year-to-date gain of nearly 24 percent, twice the gai n in the S&P 500, making the CSI 300 index one of the best performing indices globally in 2019.
The ongoing finance sector reforms and further industry open-up could also help boost the
Chinese economy and the stock market, the Barron’s report said. China’s financial system has great potential in helping stabilize the economy, a previous China Daily report said, adding that the co
untry will deepen supply-side structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.
China and the United States are expected to come to an agreement soon over trade frictions, analysts said, as the negotiating teams a
re reported to be discussing the wording of an accor
d and considering applying the brakes to their tariff standoff. They made the prediction after Chinese and US officials said there had been concrete p
rogress on multiple issues in the latest round of tr
ade talks in Washington. During the latest talks, held from Thursday to Sunday in Washington, the seventh round since February of last year, th
e two sides focused on the text of an agreement, the Chinese delegation said, according
to a Xinhua News Agency report. The negotiators also had made substantial progress on such specific issues as technology transfers, protection of i
ntellectual property rights, nontariff barriers, the service industry, agriculture and exchange rates, the delegation said.
On the b
asis of the latest progress, the two sides are expected to continue their work into the next stage, in accordance with the instructions of the two countries’ top leaders, according to Xinhua.
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 dr
awing, 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 sat
ire, 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 complaint
s 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.
It was September 6, 2018. The two Saudi sisters were on a family vacation in Colombo, Sri Lanka. For weeks, they had helped their mother organize the trip, feigning
excitement at the possibility of two weeks away from
Riyadh, but knowing that if all went to plan, they’d never go back. Failure was not an option. Every step of their escape from Saudi Arabia carried the threat of severe punishment or death.
”We knew the first time, if it’s not perfect, it will
be the last time,” Reem says. CNN has changed the sisters’ names and is not showing their faces, at their request for their safety.
s say years of strict Islamic teaching and physical abuse at home had convinced them that they had no future in a socie ty that places women under the enforced guardianship of men, and limits their aspirations.
”It’s slavery, because whatever the woman will do it’s the business of the male,” Rawan says.
And that’s why aged 18 and 20, they stole back their own passports, hid their abayas under the b
edcovers, snuck out of their holiday home and boarded a flight from Colombo to Melbourne, via Hong Kong.
The Hong Kong stopover was supposed to take less than two hours.
Two hours has turned into five months.
support a modern, progressive, global Britain that is very much a part of modern Europe. Cur
rently, both main say that they will deliver Brexit — albeit different versions of it. A
new group in Parliament, free to vote and speak as they li ke, can now make the case for a softer Brexit, or even a second vote, and do so in ways that could damage both the gove
rnment and the opposition.
But will t hey? That’s a crucial question. If the movement swells, it could create the mome ntum for a second referendum and push one party or another (probably the Labour Party) to formally back such a vo
te. It could terrify Conservative Brexitee
rs into backing May on her deal. It could completely break the par liamentary arithmetic and cause the UK to stumble into a no deal. It could force a general election in which all 11 los
e their seats. It’s very hard to tell.
But the main takeaway from this week is that these 11 MPs were so frustrated by t heir own p
arties — for more reasons that just Brexit — that they needed to do something. And that it was now or never. T hey were left with no good options because, right now, politics in the UK is spiraling out of control.