Kraken said on April 13 that it is being extorted by a criminal group threatening to publish videos showing parts of its internal systems and limited client data, as the cryptocurrency exchange sought to reassure users that its core platform had not been breached and customer funds remained safe. The company’s public statement said the threat followed unauthorised access tied to a small number of accounts rather […]
Apple’s higher-memory Mac mini and Mac Studio models are becoming harder to buy in several markets, as pressure on the global memory supply chain collides with strong demand for AI hardware and growing industry talk of fresh desktop upgrades later this year. Apple continues to sell both desktop lines, but availability has tightened most visibly around customised configurations with larger memory allocations rather than entry-level machines. That […]
Michael Saylor’s Strategy has expanded its Bitcoin stockpile by another $1 billion, buying 13,927 coins between April 6 and April 12 and taking its total holdings to 780,897 Bitcoin, according to a filing lodged on April 13. The latest purchase was made at an average price of $71,902 per coin, while the company’s average cost across its entire treasury now stands at $75,577. Bitcoin treasury push gathers […]
Iran-linked cyber operatives using the CyberAv3ngers banner are again in the spotlight after U. S. authorities warned on April 7 that Iranian-affiliated hackers have stepped up efforts to compromise programmable logic controllers and supervisory control systems used in water, energy and government facilities, with some intrusions already causing operational disruption and financial loss. The alert marks a sharper phase in a campaign that security officials say has […]
Rockstar Games has confirmed that a data breach affected company information, saying a “limited amount of non-material company information” was accessed through a third-party incident and that the episode has had no impact on its operations or players. The disclosure lands at a sensitive moment for one of the world’s most closely watched game developers, with Grand Theft Auto VI still one of the industry’s biggest commercial […]
Starting from April 13, 2026, owners and renters of VinFast electric vehicles in Indonesia and the Philippines can register to become service partners on the Green SM Platform. Developed within GSM’s fully electric mobility ecosystem, the platform is designed to expand driver and vehicle supply, while ensuring all operations are delivered under consistent, professional service standards.
Upon successful registration, driver partners will undergo structured training programs covering operational procedures and service standards to ensure a consistent and high-quality customer experience. The platform offers a competitive revenue-sharing model of up to 90%, along with performance-based incentive schemes, enabling driver partners to maintain stable income and pursue long-term development opportunities.
In parallel, Green SM Indonesia and Green GSM Philippines are introducing comprehensive support policies to help partners access vehicles more easily through VinFast electric vehicle purchase and rental programs. These initiatives reducebarriers to entry and accelerate the expansion of the driver network.
In Indonesia, partners can register for the program and quickly gain access to VinFast electric vehicle models such as VF 5, VF e34, VF 6, and Limo Green, enabling them to begin operation as soon as the required procedures . are completed. The model requires no loans or significant upfront investment, enabling drivers tobuild stable income streams.
In the Philippines, Green GSM is rolling out the program with VF 5 and Limo Green models, supported by comprehensivepolicies covering registration, insurance, and operations. This enables drivers to join the platform with ease and gradually build stable operations, with income potential aligned with local market conditions and business needs.
Notably, drivers operating VinFast electric vehicles will continue to benefit from free charging policies through March 31, 2029, significantly reducing operating costs and improving income efficiency.
Mr. Nguyen Van Thanh, Global CEO of GSM, said: “Green SM Platform is not only a step forward in service expansion, but also a solution to accelerate the transition to green mobility across Southeast Asia. By building an open platform with high service standards, we aim to rapidly increase the number of electric vehicles in operation, delivering a sustainable, modern, and reliable mobility experience for the community. This is a strategic move toward shaping a comprehensive green transportation ecosystem across the region.”
Amid growing demand for flexible employment in major cities, the Green SM Platform enables workers to quickly access vehicles, start earning, and generate stable income withoutlarge upfront investments or complex financing schemes. The platform rollout in Indonesia and the Philippines not only strengthens Green SM’s regional presence but also helps shape a sustainable urban mobility model, where technology, environmental responsibility, and livelihoods can grow in parallel.
| Further information on the Green SM Platform, including partner registration and vehicle leasing programs, is available at:
Indonesia: Philippines: |
Hashtag: #GreenSM #GSM
The issuer is solely responsible for the content of this announcement.
France and Britain are preparing to convene partner countries for what President Emmanuel Macron described as a peaceful multinational mission to restore freedom of navigation in the Strait of Hormuz, marking a European push to keep one of the world’s most important energy arteries open without joining Washington’s new blockade of Iranian ports. Prime Minister Keir Starmer said Britain would not support the US blockade and insisted […]
The early-April figures reinforce a broader pattern already visible through the first quarter. South Korea, one of the world’s most closely watched export economies because of its central role in memory chips, displays and consumer electronics, has been benefiting from a steep recovery in semiconductor sales after a prolonged industry downturn. Reuters reported at the end of February that the country’s chip exports had jumped 160.9 per cent in that month alone, passing $20 billion for a third straight month as AI investment and stronger memory prices lifted demand.
Semiconductors were again the main engine in the latest 10-day release. Chip exports surged 152 per cent from a year earlier, underscoring how heavily South Korea’s trade performance is now tied to data-centre investment, high-bandwidth memory demand and the wider AI build-out led by large technology firms. That strength has helped offset a less even backdrop in other parts of the economy, where investment, household demand and external policy risks remain more mixed.
The export rebound matters well beyond monthly trade headlines. South Korea’s central bank raised its 2026 growth forecast to 2.0 per cent in February and signalled that a chip-led upswing was giving policymakers more room to hold interest rates steady while watching inflation and financial stability risks. Reuters also reported this month that central bank officials see strong semiconductor exports and an extra budget as factors easing downward pressure on growth, even as won weakness and higher energy costs complicate the inflation outlook.
Factory data has pointed in the same direction. A Reuters report on S&P Global survey findings showed South Korea’s manufacturing activity expanded in January at the fastest pace in nearly a year and a half, helped by stronger export orders from China, North America and Europe. Manufacturers reported improving optimism as orders strengthened in sectors such as autos and semiconductors, indicating that the recovery is not only statistical but also visible in production and order books.
Still, the trade picture is not free of risk. South Korea remains highly exposed to swings in global demand, to US trade policy and to supply disruptions linked to tensions in the Middle East. Reuters polling before the March trade data showed imports rising sharply as higher oil prices pushed up the energy bill, even while exports surged on semiconductor strength. That combination can support headline trade values, but it also leaves the economy vulnerable to a renewed squeeze from commodity inflation and currency volatility.
Another uncertainty lies in concentration. The same chip boom that is lifting exports also raises dependence on a narrow cluster of products and companies. South Korea’s trade resilience is being powered largely by memory and advanced semiconductor demand, especially products linked to AI servers. Investment plans such as SK Hynix’s announcement in February of 21.6 trillion won in new facilities show confidence in long-term demand, but they also underline how central the semiconductor cycle has become to the country’s broader growth model.
For now, the momentum remains hard to ignore. Reuters polling ahead of the March data had already pointed to the fastest export growth in nearly five years, with shipments to the United States and China both showing strong gains alongside the semiconductor surge. Monday’s early-April figures suggest that pace has carried into the second quarter, strengthening the case that South Korea’s exporters are entering another period of outsized performance after a weak stretch in 2025.
TCL Electronics is exploring the sale of a stake in its television manufacturing business in India to local buyers, in a move that could help the Chinese consumer electronics group expand more deeply in one of the world’s fastest-growing electronics production bases, according to people familiar with the matter. Bloomberg reported the company is working with an adviser and is seeking to raise at least $200 million from the proposed stake sale.
The deliberations point to a broader shift in strategy for global electronics groups operating in India, where policy support for domestic manufacturing, supply-chain localisation and greater local participation in ownership are increasingly shaping investment decisions. India approved more than $750 million in projects for electronic component manufacturing at the end of March and has set a target of lifting electronics output to $500 billion by fiscal 2031, up from $125 billion in the year to March 2025.
TCL has spent years building out its industrial footprint in the country. The group’s Tirupati manufacturing base, unveiled as its largest such facility outside China, was designed to produce TV and mobile phone screens at scale. Economic Times reported the plant was built with annual capacity for eight million large-sized TV screens and 30 million small-sized mobile screens.
That industrial push has since been reinforced by TCL CSOT India, the company’s display-panel arm, which said it had completed three production lines with monthly capacity of 1.2 million units and was moving towards full bonding, lamination and assembly operations with capacity reaching two million units a month. The company said the India operation was supplying panel modules to customers including Samsung, underscoring that the business is not only about selling finished televisions under the TCL brand but also about embedding itself in the wider supply chain.
A partial stake sale to domestic investors would therefore carry strategic weight beyond capital raising. It could give TCL stronger local alliances, improve regulatory comfort, and help the company navigate a market where manufacturing, sourcing and ownership are increasingly entwined with industrial policy. It may also position the business more favourably in dealings with state governments, suppliers and large retail channels as competition intensifies across the television segment. The company has not publicly announced any transaction, and the talks may not lead to a deal.
For TCL, India matters not just as a sales market but as a production and export platform. The company’s 2024 annual report showed it shipped 29 million televisions worldwide last year, with global market share by shipments rising to 13.9%, placing it among the top two TV brands globally, according to Omdia data cited by the company. The same report said TCL ranked among the top three in retail sales volume in nearly 20 overseas markets and recorded strong growth across emerging markets, including the Middle East and Africa.
Those figures help explain why TCL may be seeking a structure that allows it to preserve momentum in India while adapting to local realities. India is becoming harder to treat as a simple import destination. Policy incentives are encouraging assembly, component manufacturing and deeper supply-chain integration, while geopolitical tensions and tariff shifts are prompting multinational groups to diversify production beyond a single geography. For television makers, that means scale alone is no longer enough; local manufacturing depth and political acceptability also matter.
The move also reflects a wider pattern among Asian electronics manufacturers, many of whom have expanded capacity in India to reduce dependence on imports and align themselves with official manufacturing goals. Reuters reported in late March that New Delhi’s incentive programmes are aimed at cutting import dependence and strengthening local supply chains. That policy environment has created room for both foreign and domestic investors, but it has also made partnership structures more attractive than wholly externally controlled operations in sensitive or high-volume sectors.
Arabian Post Staff -Dubai Global bond markets fell on Monday as the collapse of US-Iran peace talks shifted investor attention away from hopes of de-escalation and back towards a harsher inflation outlook, with oil above $100 a barrel reinforcing bets that central banks will keep borrowing costs elevated for longer. Government bond yields moved higher across major markets as traders reassessed how persistent energy-driven price pressure could […]
Britain will not back a United States blockade in the Strait of Hormuz, Prime Minister Keir Starmer said on Monday, drawing a firm line between protecting shipping routes and joining a wider military escalation around Iran. His intervention came after Washington announced it would block maritime traffic entering or leaving Iranian ports, while saying vessels transiting between non-Iranian ports could still pass through the strategic waterway. Starmer’s […]
Hexagon has agreed to buy Waygate Technologies from Baker Hughes for about $1.45 billion in cash, giving the Swedish measurement technology group a bigger presence in industrial inspection and opening a new front in its push beyond traditional metrology. The deal, announced on Monday, hands Hexagon control of a business that supplies non-destructive testing equipment used to inspect critical components and assets without taking them apart or […]
Brussels is preparing to urge European Union governments to cut electricity taxes and trim power-grid charges, betting that cheaper power can both shield households and industry from the latest oil and gas shock and speed the shift towards cleaner technologies. The move comes as the European Commission tries to contain the economic fallout from surging fossil-fuel prices without abandoning the bloc’s longer-term decarbonisation plans. The recommendation would […]
Arabian Post Staff -Dubai AD Ports Group is accelerating its effort to turn itself from a Gulf port operator into a broader trade and logistics network, using expansion in Egypt, Africa, Pakistan and the Mediterranean to win a larger role in global supply chains as companies seek more resilient routes and integrated cargo services. For the Abu Dhabi-based group, 2025 marked another year of record financial growth. […]
Tadej Pogačar came within one place of adding Paris-Roubaix to his list of major titles on Sunday, finishing second for UAE Team Emirates-XRG after being beaten in a head-to-head sprint by Belgium’s Wout van Aert at the Roubaix Velodrome. The Slovenian, already one of the sport’s dominant figures, produced another forceful display in one of cycling’s toughest one-day races, but had to settle for runner-up spot as […]
Arabian Post Staff -Dubai Dubai’s Roads and Transport Authority said a temporary technical issue disrupted services across multiple channels on Sunday, affecting access to its app and website and triggering complaints from users who said they were unable to complete tasks such as parking payments. The authority said its team was working to restore services as quickly as possible, while asking customers for understanding as the problem […]
Cyclone Maila has killed at least 11 people in Papua New Guinea, with flooding and landslides tearing through Bougainville and cutting off communities already struggling with damaged roads, broken bridges and disrupted food supplies. Local authorities and relief officials said the toll could still rise as reports continue to come in from remote areas where communications remain patchy after the storm crossed the region late last week. […]
Scientists have identified 37 active subglacial lakes beneath glaciers in the Canadian Arctic, with 35 of them not previously documented, adding a significant new layer to understanding how one of the planet’s fastest-changing cryospheric regions behaves as temperatures climb. The findings, published on 23 March 2026 in The Cryosphere, are based on satellite-derived elevation data collected between 2011 and 2021 and point to a far more dynamic […]
Arabian Post Staff -Dubai Dubai World Trade Centre Free Zone has partnered with Wio Bank to give businesses setting up or operating in the zone faster access to digital banking services, in a move aimed at easing one of the more persistent bottlenecks faced by new companies in the emirate: opening and managing a bank account during the early stages of incorporation. The agreement, announced on April […]
DIFC Art Nights will return to Gate Village in Dubai from 23 to 26 April, offering free entry to a four-day programme of visual art, performances, panel discussions and workshops as the financial district once again turns part of its public realm into an open-access cultural venue. Organisers have billed the 2026 edition as the 21st staging of the event, with visitors able to attend from 5pm […]
Adobe has issued an emergency update for Acrobat and Reader after confirming that a zero-day vulnerability tracked as CVE-2026-34621 is being exploited in the wild, putting Windows and macOS users on notice to install the patch quickly. The company assigned the update a Priority 1 rating, its most urgent category for product security bulletins, and said successful exploitation could lead to arbitrary code execution. The flaw affects […]
Arabian Post Staff -Dubai Abu Dhabi-based Etihad Airways has unveiled one of its largest single-market expansions in years, adding five mainland China destinations and 28 weekly flights as it deepens its joint venture with China Eastern Airlines and sharpens its focus on a corridor carrying growing weight in trade, tourism and cargo. The move will lift Etihad’s mainland China operation to 35 weekly services across six gateways, […]
Apache Tomcat users are being urged to move quickly after the Apache Software Foundation disclosed a set of security flaws that could let attackers undermine encrypted traffic protections, slip past certificate checks in some scenarios and exploit a defect introduced by an earlier fix. The most urgent concern centres on Tomcat’s EncryptInterceptor, where one vulnerability was followed by a second flaw in the remedy itself, creating a […]
Arabian Post Staff -Dubai Central Bank of the UAE has appointed financial software group VERMEG to develop a central securities depository solution, a move that places the monetary authority more directly inside the country’s post-trade market infrastructure and signals a broader push to tighten the links between payments, settlement and capital markets. The announcement was made on 13 April, with CBUAE saying the project is intended to […]
