James M Dorsey For at least the last two decades, the United Arab Emirates, aided by some of the world’s foremost consulting and public affairs companies, has waged one of, if not the Middle East’s most successful nation branding campaign. The campaign has been supported by cutting edge technological and economic initiatives; a bold and assertive foreign policy backed by the UAE’s financial and military muscle; a […]
The whitepaper, created with the Open Data Institute, captures lessons from governments and organizations in Asia that have embarked on data sharing initiatives Building a foundation of trust, greater public-private collaboration, and a proactive approach by governments will unlock new opportunities to innovate and solve Asia’s biggest challenges SINGAPORE – Media OutReach – 28 September 2021 – Microsoft today, with support from the Open Data Institute (ODI), released a whitepaper […]
Huobi Global, one of the major crypto exchanges that caters to customers on mainland China, has said it will close all China-based user accounts later this year. The exchange said in an announcement on Sunday that it has already discontinued account registration for new users on mainland China, effective on Friday, shortly after the People’s Bank of China released toughened measures in cracking down crypto trading activities. […]
Dr. Louis Perron Angela Merkel’s reign will soon come to an end, but after Germans went to the polls yesterday, it is still unclear who will govern after her. Let alone in what coalition. Almost exactly a year ago, the Social Democrats (SPD) were at 15% in the surveys. The chancellorship seemed out of reach. How did the SPD manage to get close to 26% last night […]
James M Dorsey A year of diplomatic relations between the United Arab Emirates and Israel has proven to be mutually beneficial. The question is whether the assumptions underlying the UAE’s initiative that led three other Arab countries to also formalise their relations with the Jewish state will prove to be correct in the medium and long term. UAE Crown Prince Mohammed bin Zayed laid out the strategic […]
Enhanced AI and Machine Learning Functions Enable Users to Gain More from Precise Decision in Stock Selection and Investment in the Hong Kong and U.S Stock Markets HONG KONG SAR – Media OutReach – 24 September 2021 – Finetic, a Hong Kong-based intelligent stock selection and investment education platform has developed its own AI-assisted investment analysis system, which provides weekly picks of quality stocks in major global markets, including […]
Survey shows erosion of digital trust, with fed up consumers saying more needs to be done to protect their personal information HONG KONG SAR – Media OutReach – 23 September 2021 – Callsign, the digital trust pioneer reveals that consumers think banks, retailers and mobile operators need to do more to protect them and their personal information from fraudsters. Trust in these organizations is eroding fast because consumers say they are overwhelmed […]
Imagine yourself having a leisurely breakfast knowing that you can easily commute to work or bring your kids to school. Or perhaps you can picture yourself having a business meeting at a nearby café then doing a spot of shopping on the way home? You can even go as far as fantasising about a day of fun and leisure as you sweat it out with friends at […]
Matein Khalid My call to buy the US stock market last night when the Dow was down 850 to 950 points is a money maker for now, as the Dow futures are up 250 points in the pre-market after an incredible 300 point rally in the last hour of trading on the NYSE last night. Faint heart never won fair lady or sold index put spreads at […]
CMA represents the first HNW broker to offer a unique value proposition in Europe Marco Liardo announced as Managing Director of Switzerland Luca Bertacchi announced as Managing Director Continental Europe and to lead the newly created private placement life insurance (PPLI) practice group ZURICH, SWITZERLAND – Media OutReach – 21 September 2021 – Charles Monat Associates (CMA) is expanding its operations in Switzerland. In addition to the recent appointment of […]
CTBC Bank has gone live as a client clearing FX derivatives at LCH UBS acted clearing broker for the trade ForexClear’s continues to grow its client base in Asia and globally – members and clients of ForexClear benefit from enhanced risk management, as well as margin, capital and operational efficiencies Implementation of phase 5 of the uncleared margin rules (UMR) took effect from September 2021, impacting firms […]
Matein Khalid I came into our latest mini Black Monday with a large net short position in my global equities portfolio and thus feel vindicated, because I had warned my friends on LinkedIn (https://lnkd.in/d6Dy3rEC) to beware a post Labour Day hit on major US equities indices. In fact, I had given 10 reasons why the US stock market was primed to tank and one of these reasons […]
Hong Leong Bank is looking to partner with startups to create ‘out-of-the-box’ solutions contributing to long term positive impact for our Community, Environment, and the Financial Services Industry KUALA LUMPUR, MALAYSIA – Media OutReach – 20 September 2021 – Hong Leong Bank’s (“HLB” or “the Bank”) Fintech and tech startups mentorship platform, HLB Launchpad is back in its fourth edition. The Bank is calling for Fintech and tech startups […]
SINGAPORE – Media OutReach – 20 September 2021 – VP Bank has today announced the appointments of Alexander Tsikouras as Chief Financial Officer & Chief Operating Officer Asia and Will Wang as Head of Client Solutions & Strategic Partnerships Asia in two newly-created roles which form part of the Asia Management Committee (Asia Manco) as of 24 September 2021. Aligning with VP Bank’s growth strategy in Asia, these appointments follow the recent […]
Manish Rai The Taliban after much wait has announced its 33-member interim cabinet. This new government is exclusively Taliban, and almost all the ministers are of Pashtun ethnicity. Women have no positions in this new setup. The Ministry of Women’s Affairs has been dissolved. And the sinister Ministry for the Propagation of Virtue and the Prevention of Vice has been re-established. This clearly illustrates that the Taliban […]
8 Deductible Plan Options Offering Flexibility and Cost-Efficiency Apply with Family Members to Enjoy Triple Offer First-year Premium Discount as low as 50% off for HK$12/Day HONG KONG SAR – Media OutReach – 17 September 2021 – Blue Cross (Asia Pacific) Insurance Co., Ltd. (“Blue Cross”) announced the launch of Blue Cross Dynasty VHIS Plan (the “Plan”), a comprehensive and highly flexible choice for customers who are […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 17 September 2021 – Proparco, the French Development Finance Institution, has granted a US$50 million loan to HDBank to finance green projects and promote sustainable development in Vietnam. It marks the first collaboration between Proparco and HDBank. A pioneer in green lending, HDBank has in past years helped foster Việt Nam’s economic development while minimising the impacts on the environment. The loan will […]
Cushman & Wakefield Hong Kong has ranked first in categories of “Overall Agency”, “Valuation”, “Letting/Sales” and “Research” for two consecutive years HONG KONG SAR – Media OutReach – 16 September 2021 – Cushman & Wakefield, a leading global real estate services firm, has recently announced that the firm has been named the world’s top commercial real estate advisor and consultant for the fourth consecutive year in the Euromoney Real Estate Survey. This […]
NGO Enterprise Asia picks Prince Group in Cambodia for Social Empowerment award; Organizer receives more than 500 entries PHNOM PENH, CAMBODIA – Media OutReach – 17 September 2021 – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has been recognized for responsible entrepreneurship at the 2021 Asia Responsible Enterprise Awards (AREA). Prince Group was commended for its high-impact work during the COVID-19 epidemic in Cambodia. […]
Ranking marks GBG’s inaugural participation in the distinguished list SINGAPORE – Media OutReach – 16 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, today announces its inaugural placement as one of the top 100 financial technology providers around the globe by IDC Financial Insights, coming in at 66th position on the 2021 IDC FinTech Rankings. […]
Matein Khalid The sheer scale of the Federal Reserve’s post-Lehman quantitative easing experiment can be gauged by the fact that its balance sheet is now $8.3 trillion or 1/3 the American GDP. In contrast, on the eve of Lehman Brothers failure on 15 Sept 2008, The Fed’s balance sheet was a mere $900 billion. Yet the Bernanke Fed’s revolutionary experiments in monetary policy applied by J. Powell […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 15 September 2021 – HCL Technologies (HCL), a leading global technology company and Finastra, the largest pure-play software vendor that serves the entire financial services industry, have expanded their partnership to drive digital transformation across South Korea and Taiwan. As part of the engagement, HCL will use its next-generation digital transformation and service capabilities to bring two of […]
Ransomware remains primary threat as threat actors evolve tactics HONG KONG SAR – Media OutReach – 15 September 2021 – Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) announced today that it blocked 40.9 billion email threats, malicious files, and malicious URLs for customers in the first half of 2021, a 47% year-on-year increase. To read the full report “Attacks from All Angles: 2021 […]
HONG KONG SAR – Media OutReach – 14 September 2021 – Global fintech MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth and Picus […]
