Japan Automobile Manufacturers Association prefer FTA, low tariffs on automobiles

The move is aimed at maintaining the chinks in the well-oiled, tried and tested global automobile supply chain. U.S. demands for changes in NAFTA could significantly impact automakers and autospare makers. On Friday, an association of Japanese automakers stated, it hoped Japan’s export partners would stick to existing free trade relationships and keep tariffs on…

HelloGold launches sharia compliant, gold-backed cryptocurrency eyeing Islamic finance markets in Southeast Asia and the Middle East

The Malaysia-based fintech firm’s GOLDX covers all the principles that are the cornerstones in Islamic financial contracts. HelloGold, a Malaysia-based firm disclosed that it has received a sharia-compliant certification for its gold-backed cryptocurrency; it plans on launching its online gold platform in Thailand later this year. GOLDX, its cryptocurrency product which was launched at the…

Trump Administration expected to unveil new cyber rules on vulnerabilities today

The new rules aim to balance the requirements of having a basket of vulnerabilities to conduct cyber attacks against enemy systems with that of protecting domestic industry and consumers from cyber attacks from foreign intelligence agencies, criminals and hackers. As per a national security official, speaking on the condition of anonymity, on Wednesday the Trump…