Ethereum has drawn renewed market attention after a sharp jump in large-holder transactions coincided with a formal push by developers to harden the network against future quantum-computing risks. Data circulated by analyst Ali Martinez showed whale transactions rising from 123 on 21 March to 2,055 on 24 March, a move that put the token back at the centre of debate over whether big holders are accumulating, rotating […]
Arabian Post Staff -Dubai US Vice President JD Vance has sought to reassure voters and markets that Washington does not intend to become locked into a prolonged military commitment in Iran, arguing that higher fuel costs are a temporary consequence of a campaign the administration expects to wrap up rather than harden into another open-ended Middle East war. His remarks come as the Trump administration faces a […]
Arabian Post Staff -Dubai Exeed has opened a new showroom in Jeddah through Arabian Heritage Motors, part of Al Ghurair Mobility, extending the premium vehicle brand’s physical presence in Saudi Arabia as competition intensifies among Chinese carmakers across the Gulf. The Jeddah launch was disclosed by Al Ghurair in a corporate post and comes after Exeed appointed Al Ghurair as its exclusive distributor in the Kingdom in […]
By K Raveendran US President Donald Trump’s attempt to jawbone oil lower has run into the hard edge of market reality. At the start, the strategy appeared to work. When he signalled that peace talks with Iran were possible and suggested a diplomatic opening, crude quickly gave back a large share of its war premium. […]
The article Energy Markets See Through Shallow Peace Talk, Move On Their Own Terms appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Zomato has opened a free three-month District Gold offer for users in the UAE, waiving the usual Dh29 quarterly fee as it tries to deepen its foothold in the country’s dining and entertainment market through its District platform. The campaign gives users instant access to premium membership benefits tied to restaurant, events and leisure offers on the app. The promotion marks a sharper consumer push by the […]
Arabian Post Staff -Dubai Omniyat has moved to reassure investors that it has enough liquidity to meet its debt obligations after the Dubai ultra-luxury developer was placed on watch for a possible downgrade, arguing that its cash position and funding profile leave it well equipped to handle maturities without depending on a fresh burst of property sales or a quick return to calmer markets. The company said […]
Blackstone has invested $250 million in an Abu Dhabi-based payments and data intelligence platform aimed at regulated digital markets, pressing ahead with a Gulf deal even as the war involving Iran continues to unsettle investors, energy markets and regional transport links. The investment in Advanced Digital Gaming Technology, or ADGT, marks what LSEG identified as the first private equity-backed inbound transaction in the Gulf since the conflict […]
Arabian Post Staff -Dubai Abu Dhabi Commercial Bank has secured regulatory approval to establish a wholly owned subsidiary in Kazakhstan, opening the way for one of the UAE’s biggest lenders to deepen its footprint in Central Asia and broaden access to conventional and Islamic banking services in one of the region’s most closely watched financial markets. The approval was granted by Kazakhstan’s Agency for Regulation and Development […]
Hundreds of organisations using Microsoft 365 are facing a fast-growing phishing threat that sidesteps conventional multi-factor authentication controls by abusing a legitimate Microsoft sign-in process rather than breaking it. Security researchers tracking the activity say more than 340 organisations across the United States, Canada, Australia, New Zealand and Germany have been affected, with attacks accelerating through March after the first known cases were detected on February 19. […]
By Arun Srivastava The Naxalite movement, originating from a 1967 peasant uprising in Naxalbari, West Bengal, has witnessed numerous “twists and turns,” evolving from a localized armed insurrection into a fragmented insurgency and, in recent years, a shrinking threat experiencing mass surrenders and gruesome killings of cadres by the security forces. But one evolution is […]
The article Twists And Turns In Naxalite Movement In Last Six Decades After 1967 Uprising appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
A decision by Donald Trump to extend a pause on military strikes targeting Iran’s energy infrastructure into April has injected a fresh layer of uncertainty into a conflict that has already rippled across the Middle East, disrupted oil markets and heightened global inflation concerns. The move follows nearly four weeks of escalating hostilities involving Iran, regional militias and US-backed forces, with attacks on energy installations, shipping routes […]
Reflection, an artificial intelligence startup supported by Nvidia, is seeking to raise $2.5 billion at a valuation of about $25 billion, positioning itself as a high-profile contender to China’s rapidly advancing open-source AI ecosystem led by DeepSeek. The fundraising effort, still under discussion with investors, underscores intensifying competition between proprietary AI models backed by large capital pools and open-source alternatives gaining traction across Asia and beyond. Reflection’s […]
Mozilla has released Firefox 149, introducing a suite of features aimed at strengthening privacy protections and improving user productivity, as competition intensifies across the browser market. The update, issued on 24 March, combines new browsing tools with expanded security layers, signalling a broader strategic shift by Mozilla to differentiate its flagship product from rivals such as Google Chrome and Microsoft Edge. Central to the release is a […]
The meeting highlighted the role of LuLu Group International, which operates more than 280 hypermarkets across the Gulf Cooperation Council, in maintaining steady flows of essential commodities including rice, wheat, pulses, fruits and vegetables. Officials familiar with the interaction indicated that the discussion centred on logistics efficiency, pricing stability and the need to safeguard uninterrupted shipments during periods of geopolitical and climate-related uncertainty.
Yusuff Ali is understood to have outlined how the group has expanded sourcing networks and strengthened warehousing capacity to manage demand across markets such as United Arab Emirates, Saudi Arabia, Qatar, Oman and Kuwait. These countries rely significantly on imports to meet domestic consumption needs, making supply chain continuity a strategic concern for both governments and private sector operators.
India remains a major exporter of food products to the Gulf, with staples such as basmati and non-basmati rice forming a substantial share of shipments. Fresh produce, seafood and processed foods have also seen sustained demand as expatriate populations grow and consumption patterns diversify. Trade data over the past year has shown that food exports to GCC markets have held steady despite fluctuations in global commodity prices and shipping costs.
The discussion comes against a backdrop of tighter export controls imposed at various points to stabilise domestic food prices. Authorities have intermittently restricted shipments of certain grains, including rice varieties, prompting concerns among importing nations about supply reliability. Industry participants say large retailers with integrated supply chains, such as LuLu, have been better positioned to absorb shocks by diversifying sourcing and building buffer stocks.
Government officials have emphasised that export policies are calibrated to balance domestic needs with international commitments. During the interaction, Modi is said to have reiterated the importance of maintaining India’s reputation as a dependable supplier while ensuring affordability within the domestic market. The approach reflects a broader strategy of using trade diplomacy to reinforce economic ties with key regions.
LuLu Group’s operations have evolved beyond retail into food processing, logistics and distribution, enabling it to play a pivotal role in linking producers in India with consumers across the Gulf. The company sources directly from farms and cooperatives, reducing intermediaries and allowing for more competitive pricing. This model has gained traction as governments encourage greater efficiency in food supply chains.
Analysts note that Gulf countries have been investing in food security initiatives, including overseas farmland acquisitions, strategic reserves and partnerships with large distributors. Retailers such as LuLu have become central to these efforts, providing the infrastructure needed to manage large-scale imports and ensure consistent availability at the consumer level.
Yusuff Ali has previously highlighted the importance of long-term partnerships between exporters and retailers in stabilising supply. The group has expanded procurement centres across multiple states, enabling it to source a wide range of products while maintaining quality standards required by Gulf markets. Investments in cold chain logistics have also helped reduce wastage and improve delivery timelines.
The meeting also touched on opportunities to enhance bilateral trade flows through digitalisation and improved port connectivity. Industry experts argue that reducing transit times and streamlining customs procedures could further strengthen supply chains, particularly for perishable goods. With global shipping routes facing periodic disruptions, efficiency gains at origin and destination ports have become increasingly critical.
India’s engagement with the GCC has deepened across sectors, with food trade forming a key pillar of economic cooperation. The region accounts for a significant share of India’s agricultural exports, while remittances and energy imports reinforce the interdependence between the two sides. Strengthening food supply mechanisms is seen as part of a broader effort to secure mutual economic interests.
Arabian Post Staff -Dubai Prices for one of Rolex’s most recognisable sports models have climbed sharply on the secondary market, as collectors position themselves ahead of a major annual watch industry showcase that often sets the tone for production shifts and new releases. The stainless steel Rolex GMT-Master II with its distinctive red-and-blue “Pepsi” bezel has seen renewed demand among traders and enthusiasts, with resale values edging […]
Threat actors are refining a deceptive cyberattack method that manipulates built-in system utilities on both Microsoft Windows and Apple macOS to deploy malicious software, marking a shift in how malware bypasses browser-based security safeguards. Security researchers have identified a coordinated campaign centred on a technique known as ClickFix, which prompts users to execute seemingly harmless commands through the Windows Run dialogue or macOS Terminal. By moving the […]
Under the MOU, Green GSM will supply 2,000 VinFast Nerio Green electric vehicles to AMRC Renewable Corp/Xentro Motors. The first 1,000 units have already been secured, with the remaining to be delivered within two years. The fleet will operate under the co-branding “Green Xentro powered by Green GSM” across Metro Manila and key urban centers, following the completion of all necessary regulatory and accreditation processes.
The Green Xentro fleet will showcase Green GSM’s signature cyan color and follow eco-friendly standards, similar to those used in other markets. Known for their quiet operation, zero tailpipe emissions, and comfortable interiors, VinFast electric vehicles aim to offer passengers a cleaner and more enjoyable ride.
Green GSM, which began deploying its all-electric ride-hailing service in the Philippines earlier this year, is developing a partner-based operational approach to increase EV adoption while fully complying with local regulations. AMRC Renewable Corp/Xentro Motors viewed this collaboration as an opportunity to contribute to the country’s growing sustainable transportation movement. Once all approvals are secured, the fleet will begin operations under the Green GSM platform.
Through this partnership, Xentro Motors will also utilize its nationwide Xentro Malls network to offer accessible pick-up zones, EV charging stations, and parking areas, improving convenience for passengers and drivers. This initiative supports the group’s broader goal of incorporating sustainability into its retail and property ecosystem.
The partnership will also benefit from VinFast’s service ecosystem, which includes fleet maintenance, charging infrastructure, and driver support, strengthening Xentro’s collaboration with the Vietnamese automaker.
“We are honored to partner with Green GSM in bringing all-electric ride-hailing closer to Filipino communities,” said Mr. Noel M. Ignacio, CEO of Xentro Motors. “This collaboration reflects our belief that sustainability and progress can go hand in hand. By integrating electric mobility into our ecosystem, we aim to support the country’s long-term transport modernization goals and enhance daily commutes for users.”
“This partnership with Xentro Motors marks another important step in our regional journey,” said a representative of Green GSM. “Green GSM always welcomes and creates favorable conditions for local businesses to collaborate on the GSM platform. Across the countries where GSM operates, we have successfully partnered with and supported more than 100 enterprises in building sustainable business models within the electric mobility ecosystem. Xentro is the first of such valued partners in the Philippines, and we believe this cooperation will set a positive example for future collaborations. Our mission remains clear, to work alongside partners who share the same vision for cleaner, smarter, and more inclusive mobility, because when communities and businesses move together, everyone benefits”.
The collaboration represents a shared belief that meaningful change in mobility begins with collective effort. By combining Green GSM’s expertise in electric ride-hailing with Xentro Motors’ strong local network, the two companies aim to make sustainable transport accessible to more Filipinos and to inspire a growing movement toward cleaner, smarter everyday journeys.
Hashtag: #GSM
The issuer is solely responsible for the content of this announcement.
By Nitya Chakraborty U.S. President Donald Trump finally rescheduled his much awaited visit to China on May 14 and 15 by announcing in his Truth Social there by creating big interest in the diplomatic circles about the possibility of a sort of ceasefire in the current West Asian war before the scheduled trip to Beijing. […]
The article Trump-Xi Summit Rescheduled On May 14-15 In Beijing Worries Japan And Taiwan appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
HONG KONG SAR – Media OutReach Newswire – 26 March 2026 – WRISE Group (“WRISE“), one of Asia’s fastest-growing independent wealth management firm, announced that WRISE Prestige, has established a strategic partnership with China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)“), one of the region’s most established asset managers. Through this collaboration, WRISE Prestige will serve as the first launch partner in Hong Kong with a period of exclusive access to the ChinaAMC Select Asia Bond Fund (INC share class), offering clients a compelling fixed income solution designed for yield and diversification. To mark the partnership and the launch of the exclusive share class, WRISE Prestige and ChinaAMC (HK) co-hosted an event yesterday to formally announce the collaboration and introduce the investment strategy behind the ChinaAMC Select Asia Bond Fund to invited guests and clients.
The ChinaAMC Select Asia Bond Fund adopts a flexible, benchmark-unconstrained investment approach, allowing the fund manager to capitalise on opportunities across Asian credit markets dynamically. By focusing on fundamentally sound issuers, with a particular emphasis on China and the broader Asian region, the Fund seeks to deliver attractive risk-adjusted returns. Its strong historical track record underscoring the robustness of its investment process.
Recent geopolitical tensions have triggered significant volatility across global financial markets, making diversified, income-oriented strategies that can navigate geopolitical uncertainty paramount for sophisticated investors seeking portfolio resilience. With a target dividend yield of approximately 9%*, the Fund’s Income share class is positioned to address the increasing demand among Asian investors for stable and sufficient cash flow solutions. This income-focused strategy complements the broader portfolio needs of high-net-worth individuals seeking resilience and yield beyond traditional asset classes.
Henry Shin, Chief Executive Officer of WRISE Prestige, said: “We are delighted to partner with ChinaAMC to bring the ChinaAMC Select Asia Bond Fund (Income Share Class) to our clients as an exclusive launch in Hong Kong. In today’s volatile geopolitical landscape, investors require solutions that can adapt to changing conditions while delivering consistent income. The ChinaAMC Select Asia Bond Fund embodies this approach, offering flexible mandate and strong yield potential that make it a valuable addition to our curated platform.”
Barney Gao, Head of Strategic Client Development at China Asset Management (Hong Kong), said, “We are pleased to collaborate with WRISE Prestige to introduce the ChinaAMC Select Asia Bond Fund (Income Share Class) to investors in Hong Kong. This partnership reflects our commitment to delivering innovative and performance-driven investment solutions to a broader audience. With its focus on Asian bond markets and a flexible investment strategy, the Fund is well-suited to meet the income and diversification needs of investors in the region.”
This partnership highlights WRISE’s ongoing strategy to broaden access to best-in-class asset managers and deliver tailored investment solutions that address the complex and evolving needs of private wealth clients across Asia.
Important Information
This document is issued by WRISE Prestige Securities Limited (CE No. BSJ229). This document is for information purposes only and does not constitute and should not be construed as an offer, solicitation, recommendation or advice to buy or sell any investment product, nor should it be regarded as investment research.
Investment involves risks. The value of investments may go down as well as up and investors may not get back the principal invested. Past performance is not indicative of future performance.
The ChinaAMC Select Asia Bond Fund is authorized by the Securities and Futures Commission (“SFC”) in Hong Kong. SFC authorization is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean the Fund is suitable for all investors.
Distributions (if any) are not guaranteed. Distribution rates are not indicative of the Fund’s return. The Fund may pay distributions out of income and/or capital (or effectively out of capital), which may result in an immediate reduction of the Fund’s net asset value.
This document has not been reviewed by the SFC.
* The Manager may at its discretion pay dividend out of capital or effectively out of the capital of the Funds. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any such capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Unit.
Hashtag: #WRISE
The issuer is solely responsible for the content of this announcement.
WRISE is one of Asia’s fastest-growing financial firms, driven by strategic acquisitions of companies with deep expertise and solid foundations. With a strong presence across key financial hubs including Singapore, Dubai, Hong Kong, Shanghai, Shenzhen, Changsha, Taipei and Tokyo, WRISE is home to one of the largest networks of independent qualified advisors. With over 400 employees located globally, supported by an ecosystem of over 200 financial intermediaries and access to eight booking centres worldwide, WRISE ensures unparalleled service and expertise in navigating today’s financial landscape.
WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WRISE Prestige (Hong Kong) Limited, WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong), WRISE Capital (Hong Kong), WRISE Financial Services (Hong Kong) and affiliates including WeWrise Services.
Established in 2008, China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)”) is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, one of the trusted asset managers and largest ETF provider in Mainland China with over USD 464.5 billion assets under management as of December 31, 2025.
ChinaAMC (HK) has amassed an impressive performance history in both active and passive investments over the past 17 years. Boasting robust expertise in a variety of asset classes, covering equities, fixed income, ETF, L&I products, digital assets, as well as mandates and investment advisory services. ChinaAMC (HK) adopts a global outlook to build a versatile platform catering to institutional and retail investors in the region and worldwide. All efforts align with their vision of being “Beyond China Expert”.
Kenya will incorporate nuclear energy into its electricity mix as part of a broader strategy to expand generation capacity to 10,000 megawatts, President William Ruto has said, signalling a shift in policy aimed at supporting industrial growth and stabilising long-term energy supply. The announcement reflects mounting pressure on the East African economy to secure reliable and affordable power as demand rises across manufacturing, digital infrastructure and urban […]
White House officials said diplomatic channels with Iran remain active despite Tehran’s public rejection of US overtures, underscoring a widening disconnect between rhetoric and back-channel engagement as tensions ripple across the Middle East and global markets. The White House has sought to project continuity in negotiations, signalling that intermediaries and indirect communications are still in play even as Iranian officials outline new preconditions for any de-escalation. […]
Cisco has issued urgent security updates to address a critical vulnerability in its Secure Firewall Management Center software that could allow attackers to execute arbitrary code on affected systems without authentication, raising concerns across enterprise and government networks that rely on the platform for threat monitoring and control. The vulnerability, identified as CVE-2026-20131, carries a maximum severity score of 10.0 under the Common Vulnerability Scoring System, indicating […]
Emaar Properties has approved a dividend payout of AED8.8 billion following a strong financial performance for 2025, signalling confidence in its cash flows and long-term growth strategy. The decision was endorsed at the company’s annual general meeting, where shareholders backed a distribution equivalent to 100 per cent of capital. The approval underscores Emaar’s position as one of the Gulf’s most profitable real estate developers, supported by sustained […]
Liquidity conditions in Gulf Cooperation Council dollar-denominated debt markets have deteriorated sharply as geopolitical tensions tied to the US-Israel and Iran conflict weigh on investor sentiment and trading activity, according to new assessments by Fitch Ratings. The agency reported that the average liquidity assessment score for GCC US dollar sukuk dropped to 45 on March 23, 2026, from 56 at the end of 2025. Conventional US dollar […]
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