The summer months bring warmth, sunshine and long perfect days. These conditions are great for enjoying your garden, but with the seasons, benefits also come from challenges. Those soaring temperatures you’d love to sunbathe in and lead to burnout plants. An increasing number of pests can lead to destroyed vegetables, and the dry soil can threaten your plant’s growth. You want to keep your garden healthy, thriving […]
By Nitya Chakraborty The 17th BRICS summit held in Brazil on July 6 and 7 has helped in partially restoring the image of the Indian Prime Minister Narendra Modi as the defender of the interests of Global South against the increasing attacks on the political and economic interests of the developing nations by the United […]
BANGKOK, THAILAND – Media OutReach Newswire – 9 July 2025 – Asset World Corporation (AWC), Thailand’s leading integrated lifestyle real estate group, together with NEON and Universal Destinations and Experiences, has announced the official opening date for Jurassic World: The Experience, the world’s latest immersive experience of its kind, set to open at Asiatique The Riverfront Destination on 8 August, 2025. Eager fans can get exclusive access […]
President Vladimir Putin has asserted that Russia provided crucial support to the American colonists during their fight against Great Britain, claiming it supplied weapons and financial assistance to back their independence struggle. Speaking in a phone conversation with former President Donald Trump, Putin described Russia’s involvement as part of an “actual” effort to help the fledgling United States. Putin’s declaration places the spotlight on historical narratives amid […]
A landmark regulation issued by the UAE General Civil Aviation Authority introduces the world’s first official framework enabling electric Vertical Take-Off and Landing aircraft and conventional helicopters to operate interchangeably using the same infrastructure. This innovation positions the nation at the forefront of the global Advanced Air Mobility revolution, merging cutting-edge technology with established aviation systems. At the heart of this framework lies the decision to permit […]
By Nitya Chakraborty On the eve of the 17th BRICS Summit scheduled at Rio de Janeiro in Brazil on July 6 and 7, the ongoing discussions among the senior officials of the member countries for the preparation of the draft joint declaration from the Summit, are showing big divergence of views on the two major […]Ukrainian President Volodymyr Zelensky has formally stated he is prepared to meet Russian President Vladimir Putin in person to negotiate a ceasefire and work towards ending the conflict. He emphasised that a direct encounter between the two leaders is the only path to a meaningful halt in hostilities. Zelensky’s announcement follows previous calls for a 30‑day ceasefire that would hold until a summit could be arranged between him and […]
By Manish Rai The question of regime change in Iran has recently resurfaced after the killing of Iran’s top military commanders following the Israeli airstrikes. However, Israel’s short-term goal was to damage Iran’s nuclear facilities to severely diminish its weapons program. But the Israeli Prime Minister mentioned during his speeches that the war with Iran “could certainly” lead to regime change in the Islamic Republic. It is […]
By Nitya Chakraborty India’s total diplomatic isolation was in show in the Shanghai Cooperation Organisation (SCO)’s defence ministers meet in Qingdao city in China on June 25 and 26 when a joint statement was prepared calling upon the members to jointly fight terror but there was no mention of Pahalgam killings on April 22 while […]Matein Khalid My generation were teenagers in the late 1970’s and thus passionate fans of Sweden since Abba dominated the Top of the Pops (God, how I hated the ghastly Dancing Queen since every girl in high school thought this syrupy pop tune was written specifically for her!) and Björn Borg dominated Centre Court at Wimbledon as the Men’s Champion until the trophy was wrested from him […]
Seventeen Nigerian soldiers have died and ten more were wounded after coordinated attacks on three military bases in Niger and Kaduna states, the army confirmed. The assaults began in the early hours of Tuesday, as heavily armed gunmen stormed forward operating posts in Kwanar Dutse and Boka, along with a base in neighbouring Kaduna State. Combat persisted for several hours under heavy fire. Army spokesperson Lieutenant Colonel […]
Matein Khalid Operation Midnight Hammer was a spectacular military success though it will take 60 years more for the top secret CIA files on Trump’s rendezvous with history at Fordo to be declassified even though I hope Centcom and the Pentagon generals will release their BDA (Battle Damage Assessments) in the next two weeks to reinforce their claim that the Islamic Republic’s nuclear assets beneath the mountain […]
Matein Khalid The India-Pakistan war in May and the Iran-Iraq war that rages as I write only reinforces my conviction that wars will be won or lost via a access to the latest missile air defense, stealth fighter jet platforms, ballistic hypersonic missile, power projection capabilities and state of the art ISR (intelligence surveillance reconnaissance) defense technologies. A nation without these capabilities is akin to a Stone […]
Arabian Post Staff -Dubai Meta has unveiled the Oakley Meta HSTN, a new smart glasses model tailored for sports enthusiasts that introduces high-resolution video and extended battery life. Pre-orders open on 11 July for the premium $499 edition, with standard variants priced from $399 available later in the summer. Initial markets include the US, Canada, UK, select European countries, Australia, and later expansions slated for Mexico, India, and the […]
Matein Khalid The deployment of 30 US air-fueling tankers to the Middle East strongly suggests that Trump has decided to escalate the war with Iran with an American led strike on the underground nuclear site at Fordo. Since the B-2 Spirit super bombers would need tankers to refuel their fighter escort. Ali Khamenei’s tweet threatening America was precisely the wrong message to send to Trump at a […]
Oil surged on Wednesday amid escalating friction between Iran and Israel, with Brent crude topping $76.60 and West Texas Intermediate reaching roughly $75.10 a barrel. Market momentum was powered by rising fears over supply chain vulnerabilities in the Middle East, even though core oil infrastructure remains largely intact and operational. The escalation entered its sixth day as both nations exchanged strikes. President Trump has intensified U.S. military […]
TAIPEI, TAIWAN – Media OutReach Newswire – 18 June 2025 – Emerging as champions of the hit Taiwanese talent show《Atom Boyz 2》, the boy group F.F.O officially debuted at the end of 2024 during the Graduation Concert. Their debut track《腦袋漂流記》received glowing reviews from fans, and their first album, now available for pre-order, has already seen impressive sales. With strong fan support at every appearance, from pop-up events […]
President Donald Trump has called for the immediate evacuation of Tehran, warning that Iran “cannot have a nuclear weapon” after a series of escalating military exchanges with Israel. He issued the statement via Truth Social while attending the G7 summit in Canada, then departed early to convene his national security team. The growing hostilities, now entering a fifth day, have provoked market turbulence, prompted military deployments, and […]
Hybrid DNA Brand Accelerates Globalization Strategy HONG KONG SAR – Media OutReach Newswire – 16 June 2025 – On May 20, 2025, Premium derma-cosmetic brand Oganacell named Maye Musk as Cleansing/Mask Ambassador and Song Seung Heon as Brand Ambassador at its global launch in Hangzhou. The event showcased Oganacell’s fusion of technology and skin aesthetics. Ambassador – Maye Musk Ambassador – Song Seong Heon Ambassador Campaign Maye […]
An assault on Yelewata village in Guma local government area of Benue State has left more than 100 inhabitants dead, dozens missing and hundreds wounded, with authorities scrambling to respond. The attack, which began late on Friday and extended into Saturday’s early hours, bore the hallmarks of deliberate and coordinated violence. Eyewitnesses and first responders described scenes of horror: armed assailants forcibly confined residents inside their homes […]
Tencent is reportedly in discussions to acquire Nexon, the developer behind MapleStory and Dungeon & Fighter, in a deal that could exceed US$15 billion, signalling a strategic push into South Korea’s gaming and Web3 sectors.
Chinese tech conglomerate Tencent has approached the family of Nexon’s late founder Kim Jung‑ju, which controls a 44.4 per cent stake through NXC Corp, to explore acquiring a substantial portion or full control of the company. The proposed transaction, valued at around 20 trillion won, aims to secure Tencent long‑term rights to Nexon’s celebrated intellectual property while bolstering its position in South Korea’s lucrative gaming market.
Nexon, founded in Seoul in 1994 and now headquartered in Tokyo, is best known for its enduring franchises MapleStory and Dungeon & Fighter. The firm has been a pioneer in integrating games with Web3 technologies, launching a blockchain division dubbed NEXPACE and rolling out MapleStory Universe—complete with NFT item mechanics, token economies and a gasless transaction system on the Avalanche network. The NXPC token was listed on major crypto exchanges, reflecting deep commitment to a decentralised gaming strategy.
While Tencent had previously tried to acquire Nexon in 2019—efforts fell through over valuation disagreements—the company has since fortified its global gaming footprint with a US$1.3 billion investment in Ubisoft and a 10 per cent stake in South Korea’s SM Entertainment, a major K‑pop label. Its renewed interest in Nexon aligns with a broader ambition to dominate both blockchain and traditional gaming domains, despite sector‑wide funding slowdowns and reduced daily active user metrics in Web3 games.
Sources emphasise that while discussions are underway, no definitive agreement has been reached and terms remain fluid. The Kim family is reportedly consulting financial advisers on the potential sale. Part of the complexity stems from their decision last year to transfer shares to settle inheritance taxes, a move that added governmental and family stakeholders into the mix.
Nexon has seen its share price rise over 10 per cent in 2025, though it remains about 30 per cent below its 2021 peak. The Tokyo‑listed firm was valued at approximately US$15–16.6 billion, depending on market conditions.
Tencent’s remote stance with acquired studios suggests that any purchase may leave Nexon’s operational autonomy largely intact. But the deal could deliver Tencent stronger access to Western and Asian markets, reinforcing its Web3 and blockchain ambitions.
For Nexon, aligning with Tencent offers capital resources to scale blockchain gaming efforts and deepen development of blockchain-enabled platforms such as MapleStory Universe. Since launching MapleStory N in May 2025, the company has leveraged its Web3 unit’s Abu Dhabi‑based NEXPACE to expand global blockchain gaming operations.
With Tencent prioritising organic growth and strategic minority investments—such as expanding its blockchain infrastructure partnerships with TON Foundation and Chainbase—this potential acquisition represents one of its most ambitious M&A moves post‑2020 Chinese regulatory tightening.
Should negotiations succeed, Tencent would gain direct control over multiple high‑value IPs and a formidable presence in South Korea’s gaming ecosystem, presenting both strategic advantages and regulatory scrutiny across jurisdictions. The deal’s complexity—woven through family, government, and market dynamics—ensures that stakeholders across the industry are closely watching every development.
