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Nvidia has placed finance chief Colette Kress in temporary charge following Jensen Huang’s resignation, entrusting a longtime senior executive with managing the artificial intelligence chipmaker through an abrupt leadership change. The company announced on Thursday that Kress, 59, would serve as interim chief executive while retaining her responsibilities as chief financial officer and executive vice-president. Its board has begun searching for a permanent replacement, considering candidates both […]
Arabian Post Staff -Dubai Saudi Arabia’s assets under management are expected to exceed $400 billion in 2027, Fitch Ratings said, as private investment funds expand and domestic investors underpin growth in the Gulf’s largest asset management market. The ratings agency estimated that investment managers oversaw approximately $370 billion at the end of June 2026, an increase of 20 per cent from a year earlier. The total represented […]
By Dr. Gyan Pathak Restrictions during polls are designed to ensure a free and fair election. Creating a level playing field among the competing candidates and parties, and keeping voters safe from intimidation is the chief aim. Certain restrictions are put in place against political parties and their candidates. However, the Ladakh administration has banned […]
By T N Ashok NEW YORK: Donald Trump retains the presidency and executive authority, but a Democratic-controlled House and Senate could fundamentally change the political calculations governing trade, tariffs, immigration and America’s strategic engagement with India. For New Delhi, the opportunity is real, but so are the risks. The political landscape in Washington has changed […]
Police in Uttar Pradesh have launched a forgery investigation after India’s government instructed internet providers to block 129 betting websites on the strength of two purported high court orders that were not genuine.
The Department of Telecommunications issued blocking directions on July 21 and September 2, covering 34 and 95 websites respectively. The instructions relied on documents attributed to the Rajasthan High Court and Allahabad High Court, neither of which could be located in the courts’ official records.
The Allahabad High Court filed a complaint on November 6 after an internal examination established that an order supposedly issued by Justice Garima Prashad on August 14 did not exist. Police registered a case against unidentified persons under provisions covering cheating, forgery and the use of forged documents.
Court records show that the purported order cited writ petition number 30480 of 2026. A technical examination submitted on November 3 found no corresponding petition or judicial order in the court’s electronic database. The judge’s private secretary separately confirmed that she had passed no such order.
Ghanshyam Yadav, a senior cybercrime official in Uttar Pradesh, confirmed that the document was fabricated. No arrests had been announced by Wednesday. Police are examining how the correspondence originated and how the purported judicial direction reached the telecommunications department.
The Rajasthan High Court’s registrar separately stated that the document attributed to that court appeared fraudulent and was absent from its server. The two findings raise questions about how official blocking instructions were issued without the underlying judicial documents being authenticated.
The forged documents carried blue court seals featuring the national emblem, giving them the appearance of authentic judicial communications. The purported Allahabad order also included a QR code, ordinarily used to check documents, but its destination displayed only a case number rather than an authenticated court record.
A person identifying himself as advocate Kartikey Pandey emailed the Allahabad document to government officials on August 22. The correspondence subsequently circulated among officials, including a request for an action-taken report. On September 2, the department instructed internet providers to take immediate steps to restrict access to 95 listed betting websites.
The other document reached the department on July 19 in an email signed by Aryan Chaudhary, who described himself as an advocate-on-record. It demanded implementation within 24 hours and invoked legal powers permitting restrictions on online material in the interests of national security. Two days later, the department directed providers to block 34 websites.
An attempt to contact the email address associated with Chaudhary returned a notification that the recipient could not be found. An inquiry sent to the address used by Pandey received no response. Neither individual’s identity or involvement in preparing the documents has been established.
The Department of Telecommunications had not publicly explained how it checked the documents before circulating the blocking instructions. Both directives and their attachments remained accessible on its website on Wednesday. It was also unclear whether the affected websites remained inaccessible or whether any corrective instructions had been issued.
The episode exposes a procedural vulnerability in a system that can require internet service providers to restrict access to online content following official directions. Although the targeted websites were described as gambling platforms, the authenticity of a court order is a separate question from whether the underlying activity breaches applicable law.
The case follows another dispute over fraudulent takedown demands. Social media platform X told the Delhi High Court that notices submitted in the name of a Delhi police officer, seeking restrictions on accounts belonging to two digital rights organisations, had been found to be fake. Police subsequently registered a separate investigation.
The Allahabad High Court complaint identified several provisions of the Bharatiya Nyaya Sanhita concerning forged records and deception. Investigators are seeking to establish the source of the emails, the people responsible for producing the documents and the circumstances in which they were processed by officials.
The court’s chief justice authorised further action after the internal verification, and the registrar’s complaint was submitted to police in Prayagraj, where the disputed document was examined.
The fabricated Allahabad order bore the name of Justice Garima Prashad and purported to concern a case styled Sahil Singh versus the Director General and others. Its QR code led to a page showing the notation “Writ – A 30480/2026”, rather than a verifiable judicial entry.
Elon Musk has said he would welcome the opportunity to hire Nvidia chief executive Jensen Huang as the chipmaker’s board considers the future of its longtime leader amid an investigation into possible foreign intelligence exposure. The Tesla and SpaceX chief responded to a message on his social media platform X urging him to recruit Huang. “That would be an honor,” Musk wrote on Wednesday, offering a public […]
Danish shipping group A. P. Moller–Maersk has confirmed that an intruder accessed a legacy computer system and extracted data, while saying its initial investigation indicates no sensitive information was disclosed. The company said in a security advisory dated 11 November that the compromised system was inherited through an earlier acquisition. Its cybersecurity team began investigating after detecting the intrusion and took steps to secure the affected system. […]
Arabian Post Staff -Dubai Iran’s Revolutionary Guards said on Thursday that two supertankers carrying more than four million barrels of oil had been engulfed in flames following explosions in the Strait of Hormuz, raising fresh concerns about shipping safety along the strategic waterway. The Islamic Revolutionary Guard Corps (IRGC) Navy said the vessels were immobilised after entering a southern passage that Iranian authorities consider unauthorised. Its statement […]
Trusted Partner for Cross-Border Trade Enterprises Empowering SMEs to Stay One Step Ahead in Global Expansion
HONG KONG SAR – Media OutReach Newswire – 12 November 2026 – Ping An Digital Bank (International) Limited (“Ping An Digital Bank” / “PingAnDB”), a trusted partner for trade enterprises and cross-border e-commerce merchants, is committed to becoming the preferred bank for trade SMEs. By leveraging alternative data and financial technology to optimise credit assessment and loan workflows, Ping An Digital Bank empowers SMEs to take a critical step toward global expansion. Building upon the recent launch of its Purchase Order Financing product, tailored for cross-border e-commerce, Ping An Digital Bank is expanding the product’s application scenarios beyond traditional goods trade into service trade financing. Requiring no physical collateral, eligible enterprises can secure financing simply by presenting valid invoices, directly addresses the need for fast-moving, high-frequency working capital in today’s digital economy.
Mr. Thomas Tung, Chief Business Officer of Ping An Digital Bank, said, “Demand for service trade has grown exponentially in recent years. As more enterprises scale globally, we see surging market demand across logistics service, advertising campaigns, and AI solutions, making service trade financing a new strategic focus for Ping An Digital Bank. Serving as a dedicated partner to trade enterprises and cross-border e-commerce merchants, PingAnDB has consistently applied financial technology to empower SMEs. By deepening our Purchase Order Financing product, we have established a dual-track model of ‘Goods Trade + Service Trade’ that supports the working capital needs of diverse trade formats. This creates a more robust cross-border trade financing ecosystem. Combining our proprietary technology with deep industry expertise, we stand ready to lead cross-border trading SMEs onto the international stage.”
Designed to address the surging demand for service trade driven by the booming digital economy, Ping An Digital Bank’s “Purchase Order Financing – Service Trade Solution” is specifically designed for service providers to obtain working capital quickly and capture dynamic market opportunities. Applicants can secure financing simply by providing eligible invoices and proof of service delivery. Financing of up to USD 5 million is available per buyer, with flexible repayment terms of up to 90 days, and disbursements as fast as the same business day.
Looking ahead, Ping An Digital Bank will continue to uphold its mission, “Always with You. Always Ahead.” PingAnDB will continue to harness fintech capabilities to empower SMEs, enhance the trade financing experience through data intelligence, and roll out innovative solutions to dismantle traditional borrowing barriers. By providing powerful financial backing at every key point across the trade lifecycle – serving as a solid pillar for trade enterprises and cross-border e-commerce merchants alike – Ping An Digital Bank remains dedicated to leading SMEs onto the international stage.
The issuer is solely responsible for the content of this announcement.
Ping An Digital Bank
Ping An Digital Bank (International) Limited (“Ping An Digital Bank,” “PingAnDB”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating banking experience, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s integrated financial platform in Hong Kong.
Nvidia’s board is considering removing chief executive Jensen Huang following allegations of a second extramarital relationship and questions surrounding his contact with a woman suspected by US intelligence officials of links to Chinese espionage. Directors were expected to meet late Wednesday to consider the future of the 63-year-old co-founder, although no dismissal had been publicly confirmed. The possible leadership change comes days after the board expressed confidence […]
Renewal provides long-term certainty for ATI to advance investment in port modernisation, innovation and sustainable infrastructure
MANILA, PHILIPPINES – Media OutReach Newswire – 12 November 2026 – Asian Terminals, Inc. (ATI), DP World’s strategic partner in the Philippines, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour, reinforcing its long-term commitment to supporting Philippine trade and economic growth.
A view of Manila South Harbour, operated by DP World’s strategic partner Asian Terminals Inc.
The renewed concession agreement, signed with the Philippine Ports Authority (PPA), will run from May 2038 up to May 2063, providing long-term certainty for the continued development and modernisation of one of the Philippines’ key international trade gateways.
The agreement marks a significant milestone as ATI celebrates its 40th anniversary this year, reflecting four decades of investment in port infrastructure, operational capability and trade connectivity.
Essa Kazim, Executive Chairman, DP World, said:
“The Philippines has significant long-term growth potential and an important role to play in regional and global trade. Realising that potential requires sustained investment in world-class infrastructure that strengthens competitiveness and connects businesses to international markets. This concession renewal provides the certainty needed to plan and invest for decades ahead. It reflects DP World’s belief in the Philippines’ economic future and our commitment to building enduring partnerships that enable trade and support sustainable growth.”
Jason Varsamidis, CEO and Managing Director of DP World Asia Pacific, said:
“The renewal of the Manila South Harbour concession is a strong endorsement of ATI’s track record and the long-term partnership it has built with the Philippine Port Authority. Over four decades, ATI has played an important role in developing the infrastructure that supports Philippine trade, and this agreement provides the foundation to build on that legacy. As ATI’s partner, our focus is now on the next phase of ATI’s development, including investment in capacity, technology and more sustainable operations to ensure Manila South Harbour remains competitive, efficient and responsive to the evolving needs of customers.”
Central to this commitment is future-proofing Manila South Harbour to respond proactively to changing trade patterns, increasing cargo volumes, and the evolving needs of shipping lines, importers, exporters, and the broader logistics community.
This includes capacity expansion, the deployment of greener and more energy-efficient cargo-handling equipment, increased automation, and the adoption of advanced digital technologies to deliver safer, smarter, and more sustainable end-to-end ports and logistics solutions to customers.
Over the past 40 years, ATI has invested more than Php42 billion in developing and modernizing its Philippine port facilities, contributing to the movement of approximately 30 million twenty-foot equivalent units (TEUs) of containers, 57 million metric tons of non-containerized cargo, and 70 million passengers across its operations. Hashtag: #DPWORLD
The issuer is solely responsible for the content of this announcement.
About Asian Terminals, Inc.
Asian Terminals, Inc. (ATI) is a leading Philippine ports and logistics operator, developer and investor, enabling trade and supporting economic growth through its strategic network of modern trade gateways in Manila, Batangas, Cavite, Laguna and South Cotabato.
Built on four decades of industry experience and powered by a 2,000-strong workforce, ATI combines proven cargo-handling expertise with the global capabilities and world-class standards of DP World, its strategic foreign equity partner, to deliver safe, reliable and efficient services for Philippine industries. Through sustained investment, innovation and responsible business practices, ATI continues to build future-ready port infrastructure that connects industries and communities, grows economies and changes what’s possible for Philippine trade.
DP World
DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 125,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer’s door.
In Asia Pacific, DP World employs over 12,000 people across 22 geographies. We operate 16 ports and terminals, complemented by a comprehensive suite of end-to-end supply chain solutions – to connect the region to the rest of the world.
Chief Minister V. D. Satheesan on Wednesday rejected suggestions of a breakdown in Cabinet unity after United Democratic Front (UDF) convener Adoor Prakash questioned the government’s decision-making process, echoing concerns raised by the opposition Communist Party of India (Marxist). Satheesan maintained that import…
Oil prices are trading as if the Iran war is over and the tankers are already sailing. Neither is true yet, and the gap between the two could prove expensive for the global economy. Brent crude fell almost 3% on Tuesday to $89.66 a barrel, its lowest level since the end of August, after Donald Trump said the conflict was effectively over and further strikes shouldn’t be […]
By K Raveendran The Democratic sweep of the US Congress has dramatically altered the global investment landscape, triggering a sharp repricing of oil, technology stocks and financial assets as investors reassess the prospects for an end to the Middle East conflict. Brent crude has suffered a weekly decline of 16 per cent, falling below $100 […]
By Satyaki Chakraborty Taking into account the continuing severe air pollution in Delhi and other parts of North India, China has offered India collaboration in clean technologies linked with the expansion of manufacturing base in the country. Global Times, the official organ of the Chinese Communist Party has analysed the nature of the air pollution […]
By T N Ashok NEW YORK: The central question on the controversial U.S. national G.S. Pannun issue is a difficult one of sovereignty, accountability and the limits of American judicial power: can a US court summon India’s national security leadership over allegations made by a Sikh separatist, and can New Delhi reject that process as […]
Republicans in the US House of Representatives blocked an effort to impeach Defence Secretary Pete Hegseth on Tuesday, voting to send allegations against him to a committee rather than allowing an immediate decision on his removal. The House approved the procedural motion by 211 votes to 204, referring the resolution introduced by Republican Thomas Massie of Kentucky to the Judiciary Committee. The decision effectively halted the impeachment […]
ADNOC Logistics & Services has confirmed that one of its vessels was damaged in an attack in UAE territorial waters on Tuesday afternoon, with emergency response operations continuing. The Abu Dhabi-based maritime company said the incident occurred on November 10 in the Arabian Gulf. It did not identify the vessel, specify its location within UAE waters or disclose the extent of the damage. The company also gave […]
Microsoft is pressing the Trump administration to abandon a proposed restriction on Chinese optical transceivers used in artificial intelligence data centres, warning that disrupted supplies could delay construction and leave expensive computing equipment idle. The Federal Communications Commission is considering limits on imports of new Chinese-made transceiver models over concerns that the devices could expose American infrastructure to espionage, malicious software or service disruption. No final restriction […]
YIWU, CHINA – Media OutReach Newswire – 10 November 2026 – On November 7, the 2026 Forum on China-Africa Economic, Trade and Cultural Cooperation was held in Yiwu, a commercial hub in central Zhejiang, east China.
2026 Forum on China-Africa Economic, Trade and Cultural Cooperation Opens in Yiwu, Jinhua
As a key supporting event under the framework of the Forum on China-Africa Cooperation (FOCAC), the gathering drew statesmen, diplomats and hundreds of Chinese and foreign business participants.
Building on eight years of accumulated progress and over 140 signed projects, the forum keeps focusing on delivering outcomes from the FOCAC Beijing Summit and aligning with the 10 partnership action plans.
Once again, it shined the global spotlight on Yiwu – a city with no seacoast nor border access, yet a pivotal hub for people-to-people China-Africa trade.
Inside the Yiwu International Expo Center, a three-day China-Africa trade exhibition opened ahead of the forum. Within its 10 000-square-metre hall sit 400 well-arranged booths, bringing together 186 enterprises from 15 countries.
Import-zone shelves are stocked with Ethiopian coffee, Ghanaian shea butter and Zimbabwean handicrafts. Meanwhile, a wide array of Chinese-made goods for household use, stationery, cultural-creative products and beauty cosmetics are ready to reach households across Africa.
More than two decades ago, Chinese and African merchants had to travel far and wide to source goods and secure buyers. Today, complete warehousing, customs-declaration and cross-border logistics allow exhibits to move straight from booths onto ocean-going vessels, closing the full loop from display to delivery.
Transformations extend well beyond exhibition halls.
Twenty years ago, most African traders in Yiwu acted purely as purchasers: they would fill shipping containers with selected goods and ship them back home.
On May 1 this year, China implemented zero-tariff treatment for 53 African diplomatic partners, further reshaping Sami’s business landscape. Trade is no longer a one-way “sell-out” model. Seizing this policy dividend, he began importing local Ugandan specialties such as coffee beans and chili peppers into China. Via Yiwu’s hub, these goods are then distributed to broader markets aboard the China-Europe Yiwu-Xinjiang-Europe Railway Express.
“Zero tariffs give young Africans direct access to the Chinese market and make two-way trade far more actionable,” Ugandan businessman Sami said, hoping more African traders will leverage Yiwu as a platform to bring African products to the wider world.
Like Sami, many entrepreneurs from diverse African nations regard Yiwu as their second home and serve as living, human-scale bridges connecting the two continents.
Official statistics bear witness to this shift. Between January and September 2026, Yiwu’s exports to Africa reached 135.903 billion yuan, marking a year-on-year rise of 30.18 percent.
Historically, China-Africa trade largely featured Chinese goods flowing one-way toward Africa. Today trade chains are evolving into two-way pathways. African coffee, honey and avocados are finding growing room in China’s consumer market. At the same time, Chinese enterprises are no longer content with merely delivering cargo to African ports.
Many firms are pushing supply-chain operations deeper into African local contexts. Local Yiwu-based supply-chain operators have set-up exhibition halls and 15 000-square-metre overseas warehouses in Senegal.
Conventional export business often concluded once goods departed Chinese ports. Now, end-to-end services including bulk procurement, overseas warehousing, local distribution and brand internationalisation travel alongside merchandise into Africa.
To date, Yiwu has established 28 overseas warehouses across 12 African countries. Together with offshore sub-markets and national-buyer service centers, a network spanning procurement, warehousing and distribution is taking shape, bridging Chinese supply capacity and African consumer demand.
In Yiwu, China-Africa cooperation finds tangible expression in shipping containers, grassroots commercial orders and ordinary people’s pursuit of success.
Though land-locked, Yiwu links countless towns across the African continent. The Chinese city bears witness to China-Africa trade advancing past simple commodity transactions, entering a new era of co-built supply chains, mutual market access and people-to-people cultural bonds.
The issuer is solely responsible for the content of this announcement.
Dubai has approved a Dh2 billion extension of its Metro network to Al Maktoum International Airport City, with passenger operations scheduled to begin in 2031. The project forms part of a package of strategic initiatives worth more than Dh11 billion endorsed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, at a meeting on Tuesday, November 10. […]
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