Traders from London to Singapore struggle as cyber outage disrupts business

Quick Summary:

"We are having the mother of all global market outages," one trader said.

South Africa's Capitec Bank said card payments, ATM and App services had been fully restored after experiencing significant disruptions.

German banks are facing disruptions, a spokesperson for the Deutsche Kreditwirtschaft financial industry association said.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaGermanySouth Africa

Topics: Banks Energy Outage Operations Power Trading London Friday Exchange Global European

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 17:54:13 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 352 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21683387

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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