Powerful criminal networks in Southeast Asia extensively use the messaging app Telegram which has enabled a fundamental change in the way organised crime can conduct large-scale illicit activity, the United Nations said in a report on Monday.

The United Nations warns that criminal gangs in Southeast Asia are using Telegram to sell your data, buy malware, or obtain deepfake software.

Telegram has become a hotbed for Southeast Asian criminal networks, facilitating the sale of hacked data, malware distribution, and unregulated cryptocurrency exchanges, according to a UN report exposing

Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour market data dispelled fears of a recession and spurred a sharp paring of rate-cut bets.

TOKYO >> Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labor market data dispelled fears of a recession and spurred a sharp paring of rate-cut bets.

Asian equity markets saw a strong rally on Monday, with Japan’s Nikkei 225 (.N225) leading the charge, rising 2%, as robust US labor market data boosted investor sentiment and pared back expectations of significant rate cuts by the Federal Reserve.