Economy

What is Storm-1152, alleged top creator of fake Microsoft accounts?
What is Storm-1152, alleged top creator of fake Microsoft accounts?

Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to cybercriminals who used them for ransomware attacks, identity theft and other scams around the world. The leaders of the group are three Vietnam-based individuals, Duong Dinh Tu, Linh Van Nguyen and Tai Van Nguyen, Microsoft said in a statement on Wednesday.

New Zealand store pulls kiwi chew toys after conservation backlash
New Zealand store pulls kiwi chew toys after conservation backlash

A New Zealand chain store has pulled festive kiwi-shaped canine chew toys from sale, after backlash from conservationists trying to save the endangered bird. Hardware chain Mitre 10 has agreed to stop selling the Christmas-themed kiwi chew toys -- complete with red Santa hats -- after complaints from conservationists.

Black truffle production booms in Spain
Black truffle production booms in Spain

When Jose Soriano was a child, the hills near the village of Sarrion in Spain's remote and sparsely populated eastern province of Teruel were mostly uncultivated, covered in brush and rocks. Now the population is inching up, with the village school experiencing a jump in enrolment.

Asian markets track Wall St to extend Fed-fuelled rally
Asian markets track Wall St to extend Fed-fuelled rally

Asian markets built on the previous day's rally Friday as investors recalibrated their outlook for the new year after the Federal Reserve indicated it will cut interest rates. Tokyo rebounded from the previous day's loss as the yen's rally against the dollar faded, with Sydney, Seoul, Taipei and Manila also in the green.

Yellen urges China to shift from 'unfair' state-driven economic policy
Yellen urges China to shift from 'unfair' state-driven economic policy

US Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors. President Joe Biden's administration has made some steps to take the heat off, with visits to China by Secretary of State Antony Blinken, Yellen and Commerce Secretary Gina Raimondo.