HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 4 May 2025 – A standout moment in the celebrations marking the 50th anniversary of the Liberation of the South and National Reunification (April 30, 1975 – April 30, 2025) was an extraordinary drone light show that lit up the skies over Ho Chi Minh City, Vietnam, on April 28. The drone light show in Ho Chi […]
The United Nations has officially transitioned from using Google Forms to adopting an open-source alternative for its internal and external data collection needs. This strategic shift underscores the organisation’s commitment to enhancing data sovereignty, privacy, and operational flexibility. The decision to move away from Google Forms was influenced by several factors, including concerns over data privacy, the need for greater customisation, and the desire to avoid vendor […]
World’s Most MICHELIN-Starred Gastronomic Icon returns to a stunning new space in LANDMARK ATRIUM HONG KONG SAR – Media OutReach Newswire – 2 May 2025 – LANDMARK is delighted to announce the highly anticipated return of gastronomic legend L’ATELIER DE JOËL ROBUCHON HONG KONG as the cornerstone of its refined Central dining portfolio this summer. The iconic restaurant has been located at LANDMARK for 18 years and […]
Bitcoin has climbed above $90,000, recovering from a sharp decline that followed the November 2024 U.S. presidential election. This rebound has reignited discussions about its potential role as a safe-haven asset, especially as it outperforms gold in the current market environment.
After reaching a low of approximately $74,500 in early April, Bitcoin’s price has surged nearly 25%, erasing a significant portion of its earlier losses. This upward trajectory is attributed to a combination of factors, including renewed investor interest and shifting macroeconomic conditions.
Analysts point to the increasing appeal of Bitcoin as a hedge against traditional financial instruments. Geoff Kendrick, head of digital assets research at Standard Chartered, forecasts Bitcoin reaching $120,000 in the second quarter of 2025. He cites economic uncertainties, such as rising tariffs and questions over Federal Reserve policies, as catalysts driving investors toward Bitcoin over traditional assets like U.S. Treasurys.
The cryptocurrency’s performance has also been bolstered by institutional interest. Upcoming SEC 13F filings are anticipated to reveal increased Bitcoin holdings by pension and sovereign wealth funds. Additionally, the approval of Bitcoin exchange-traded funds earlier this year has facilitated greater mainstream adoption, contributing to its price appreciation.
Comparatively, gold has experienced a more modest performance. While it reached a record high of over $3,500 per ounce in April, its gains have been overshadowed by Bitcoin’s rapid ascent. The Bitcoin-to-gold price ratio, a metric used to compare the value of the two assets, hit a record-breaking 40 in December 2024, reflecting Bitcoin’s growing dominance in the alternative asset space.
Despite these developments, some experts urge caution. Mark Hackett from Nationwide Financial emphasizes that it’s premature to classify Bitcoin as a safe-haven asset due to its historical volatility. He notes that while Bitcoin’s recent performance is promising, it must demonstrate sustained stability and low correlation with traditional risk assets to be considered a reliable store of value.
The broader market context also plays a role in Bitcoin’s resurgence. President Trump’s economic policies, including delayed tariffs, have influenced investor behavior, prompting a reevaluation of asset allocations. As traditional markets grapple with these policy shifts, alternative assets like Bitcoin are gaining traction among investors seeking diversification.
By Dr. Gyan Pathak Centre’s announcement of conducting national level Caste Census along with the forthcoming Census in India has intensified caste politics in Bihar, the first state to go to polls later in 2025, whose Vidhan Sabha’s term is to expire on November 22, this year. Political analysts have already claimed that by announcing […]
SINGAPORE – Media OutReach Newswire – 1 May 2025 – Fieldnotes, a premier online cake delivery service known for its artisanal creations, is unveiling its exclusive Mother’s Day collection titled ‘In Bloom, For Her’. The collection invites customers to show their love and appreciation for mothers with nature-inspired flavours and feature a special Mother’s Day weekend event at the brand’s Neil Road outlet, where attendees can experience […]
MACAU SAR – Media OutReach Newswire – 30 April 2025 – In celebration of the 30th anniversary of diplomatic relations between China and Monaco, Galaxy Macau™ proudly presents the “Galaxy Music Gala: A Musical Journey from Monaco to Macau“. On May 21. This prestigious evening of classical music celebrates the deepening friendship between China and Monaco over the years with musical charm, further promoting exchanges and cooperation […]
By Nitya Chakraborty The United States of America President Donald J. Trump has completed his first one hundred days in office in his second non-consecutive term on April 29, Tuesday amidst continuing global disorder over his chaotic policies — unilateral tariffs hike, failure to establish peace in Gaza with Israeli killing spree continuing unabated and […]Iran is offering its sanctioned economy as an investment opportunity to the United States, presenting an unconventional proposition amid ongoing negotiations over its nuclear programme. With diplomatic discussions showing momentum, Iranian officials are openly pitching economic engagement with Washington as a path toward a more durable and beneficial agreement, marking a shift not seen in decades. Talks have gained ground as both sides weigh the possibility of […]
PATTAYA, THAILAND – Media OutReach Newswire – 29 April 2025 – OZO North Pattaya, the vibrant beachside escape in the heart of Pattaya, is the ultimate destination for fun-filled, feel-good experiences this season. True to its name, OZO brings a smile with every stay — this dynamic lifestyle hotel brand is all about delivering endless joy and wide smiles through its signature concept: Unpack. Good. Vibes. From […]
SINGAPORE – Media OutReach Newswire – 28 April 2025 – On April 23, at the inaugural GITEX ASIA 2025 in Singapore, iFLYTEK made a grand entrance by unveiling its On-Prem LLM All-in-One Solution to global acclaim. This turnkey appliance is meticulously engineered for enterprises that demand robust levels of data sovereignty and bespoke AI capabilities, enabling organizations to train, fine-tune, and deploy large language models entirely within […]
Trinidad and Tobago’s political landscape intensified as the ruling People’s National Movement and the opposition United National Congress delivered final appeals to voters, promising to revitalise the economy and curb surging crime rates ahead of Monday’s election. Both parties, addressing energetic crowds across the islands, positioned economic resilience and public safety as their foremost commitments. Prime Minister Keith Rowley, leading the PNM, outlined a vision to modernise […]
Number of New Business Policies tops the market for 11 consecutive years HONG KONG SAR – Media OutReach Newswire – 25 April 2025 – AIA Hong Kong continues to lead the industry with 9 market No.1 in 2024, according to the Provisional Statistics of the Insurance Authority on Hong Kong Long-Term Insurance Business1: Number of Inforce Policies Number of New Business Policies (Top the market for 11 […]
TOKYO, JAPAN – Media OutReach Newswire – 25 April 2025 – Creww Inc. (Japan Office: Shibuya-ku, Tokyo, Representative: Sorato Ijichi, hereinafter “Creww”), Japan’s leading open innovation platform provider, and Real Madrid Next are pleased to announce the launch of “Real Madrid Next Accelerator for Asia” Batch 2, an accelerator program which started in 2024, aimed to create business partnerships between Real Madrid Next and Asian startups. For […]
HONG KONG SAR – Media OutReach Newswire – 25 April 2025 – In an atmosphere charged anticipation and entrepreneurial urgency, GE Jun, Chairman and CEO of TOJOY Smart Enterprise Services, delivered a landmark speech at the Chengdu Financial City Performing Center as a guide to reshape the trajectory of China’s private sector. Over 2,000 business leaders, policymakers, and industry experts gathered to hear GE Jun’s Grain Rain […]
A court in Abidjan has disqualified Tidjane Thiam, leader of the Democratic Party of Côte d’Ivoire and former CEO of Credit Suisse, from contesting the upcoming presidential election, citing his previous French nationality at the time of his registration. The ruling, delivered on 22 April, determined that Thiam was ineligible to run as he held dual Ivorian-French citizenship when he registered on the electoral roll. According to […]
Walmart China has introduced a programme aimed at assisting Chinese exporters in enhancing their domestic sales, aligning with Beijing’s efforts to mitigate the impact of escalating US tariffs. The initiative seeks to integrate these exporters into Walmart’s supply chain, simplifying the approval process and facilitating easier access to the domestic market. This move comes as Chinese exporters face challenges due to a 145% tariff hike from the US, prompting the Chinese government to encourage local businesses to pivot towards domestic sales.
Despite government encouragement, many Chinese exporters remain hesitant to redirect their goods to the domestic market. Factory owners cite lower profits, weak demand, aggressive price competition, delayed payments, and high return rates as significant deterrents. Efforts by China’s commerce ministry, including organizing local matchmaking events and issuing support through firms like JD.com and Meituan, have been met with skepticism by small and medium-sized enterprises. These businesses argue that the proposed support falls short of addressing structural challenges, emphasizing the need for fiscal stimulus, rising consumer incomes, and stronger social safety nets to boost domestic consumption.
Walmart’s initiative also includes expanding its e-commerce platform, Walmart Marketplace, within China. The company has established offices in 11 cities nationwide, including Shenzhen, Shanghai, and Hangzhou, offering support in product selection, operational guidance, and both online and offline training to help international sellers grow their businesses on the platform. Additionally, Walmart unveiled its 2025 new seller incentive programme, offering up to $75,000 in incentives, with benefits such as preferential logistics services.
However, Walmart’s efforts to mitigate the impact of US tariffs have not been without controversy. The company has faced pushback from Chinese suppliers after requesting significant price reductions to offset the cost of tariffs. Some suppliers, including producers of kitchenware and clothing, have been asked to lower their prices by as much as 10% per round of tariffs, essentially shouldering the full cost of the duties. This approach has led to tensions with Chinese authorities, who have summoned Walmart executives for discussions. State broadcaster CCTV’s official social media account criticized Walmart’s demands, stating that they “may violate commercial contracts” and warning that “the consequences for the company will go beyond just a discussion” if it continues to press for discounts.
Indulge in Extraordinary Rewards & Experiences This May Golden Week HONG KONG SAR – Media OutReach Newswire – 24 April 2025 – This May Golden Week, let DFS —the world’s leading luxury travel retailer, elevate your shopping journey with curated moments of self-delight. From tranquil moments in our Fragrance Wonderland and family adventures in teamLab Future Park, to exquisite gifts for loved ones and unique treasures that […]
Embark on a Scent-inspired Journey from Luxe Fragrance Wardrobe and Scent Bar Capture Delightful Moments in Life4Cuts Photo Booth, Enjoy a Complimentary Gift with Special Discount HONG KONG SAR – Media OutReach Newswire – 24 April 2025 – BEAUTY&YOU by The Shilla Duty Free Hong Kong, carrying over 200 cosmetic, skincare, perfume and fashion brands, with more than 2,600 fragrances items, is thrilled to unveil the “Shilla […]
A court in Abidjan has ruled that Tidjane Thiam, leader of the Democratic Party of Côte d’Ivoire and former CEO of Credit Suisse, is ineligible to contest the October presidential election due to nationality concerns. The Court of First Instance determined that Thiam forfeited his Ivorian nationality upon acquiring French citizenship in 1987, rendering him ineligible for the electoral roll. The decision, issued on April 22, is […]
HONG KONG SAR – Media OutReach Newswire – 22 April 2025 – CK Life Sciences Int’l., (Holdings) Inc. (“the Company”) announced that the Company will be presenting new data from its cancer vaccine research pipeline at the 2025 American Association for Cancer Research (AACR) Annual Meeting in Chicago, USA. The AACR Annual Meeting is a gathering central to the global cancer research community, bringing together scientists, clinicians, […]
By Pablo Castaño ROME: There may come a time when we look back on the last decade as an anomaly in the modern history of the Catholic Church. Pope Francis — the figurehead of these years, and a radical by the standards of the Catholic hierarchy — is gone, and we are now likely to […]Matein Kalid Only the poetic genius of an Irishman can do justice to the epic Big Boy sumo wrestling match in history – between Shogun Trump and Sensei Powell-san as panic spreads at the speed of light across the digital arteries of the global banking village. W.B. Yeats’s immortal versus echo in my brain – things fall apart, the center cannot hold, mere anarchy is loosed upon […]
By Kalyani Shankar The Bihar polls at the end of the year are pretty unpredictable. As of now, there will be no cakewalk for the BJP, RJD, Congress or the JD(U). The churning is quietly taking place in Bihar politics. There could be a potential shift in power dynamics. The BJP, playing second fiddle to […] 
