The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for…
Chinese factories are balking at paying record copper prices, delaying orders for the metal and cutting production as their customers recoil from more expensive products. from Bloomberg Markets https://ift.tt/4ZxBfDN
The large-scale operations are a “punishment for separatist acts,” China’s military says, just days after the inauguration of Lai Ching-te. https://www.wsj.com/articles/chinese-military-launches-drills-encircling-taiwan-in-test-of-new-president-d11f6dce
Prime Minister Rishi Sunak of the United Kingdom called a general election, while Nvidia delivered its earnings and saw its shares soar to record highs. https://www.cnbc.com/2024/05/23/cnbc-daily-open-nvidia-shares-top-1000-on-ai-boom.html
Disruptions to these critical waterways could upend maritime commerce and rekindle inflation. from Bloomberg Politics https://ift.tt/qrcFIzi
Around 80% of the world’s gum arabic is harvested from Sudan’s acacia trees, and the widely used ingredient has become a key funding source for both sides in the country’s civil war. https://www.wsj.com/articles/how-soda-chocolate-and-chewinggumare-funding-war-insudan-535a7686
Malaysian Prime Minister Anwar Ibrahim defended his continued engagement with Hamas, saying his decades-long ties with the Palestinian Islamist group gave him an edge in attempts to broker for peace in the Middle East. from Bloomberg Politics https://ift.tt/FhYLcmo
Indian policymakers will face a “balancing act” in managing anticipated foreign capital inflows from its bonds’ inclusion in key global indexes while trying to retain the rupee’s general stability, according to an S&P Global Ratings economist. from Bloomberg Markets https://ift.tt/PrRD3lz
Australians in their mid-to-late 20s are cutting back on spending to cope with rising living costs, while those aged over 65 are consuming at a rate faster than inflation, highlighting the nation’s increased intergenerational inequality. from Bloomberg Markets https://ift.tt/5GuU8p6
China’s military has started two days of ‘punishment’ drills around Taiwan, just days after new Taiwan President Lai Ching-te took office. https://www.cnbc.com/2024/05/23/china-launches-military-drills-around-taiwan-following-inauguration-.html