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TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Yicura BioMed Advances Dual Capital and Industrial Strategy: Completes First Closing of Series B Financing Led by Gobi Partners // Microsoft restores services gradually but gives no recovery deadline // 11 Boutique Xinjiang Wineries to Debut in Singapore // Saudi fund assets forecast to cross $400 billion // UAE crews sustain coastal oil removal as beaches reopen // Electoral register gains 2.17 lakh voters // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // Microsoft apologises as Outlook services recover after outage // US authorities dismantle North Korean cryptocurrency deception infrastructure // Salik posts Dhs1.045bn profit despite lower toll traffic // Inpex reaffirms Gulf oil strategy despite shipping constraints // Fujairah highway pile-up leaves 14 dead and 30 injured // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // OpenAI unveils ChatGPT Wallet for agent-led purchases // Nvidia appoints Colette Kress interim chief after Huang departure // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Messi affair SIT finds all-round violations // Crescent Enterprises venture arm funds Oyster Therapeutics development //

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Gold prices surged above $4,200 an ounce on Wednesday as weaker US employment data, a softer dollar and falling Treasury yields drove investors towards the precious metal, although claims that bullion gained 4.5% during the day appeared to overstate the move recorded by leading benchmarks. Spot gold climbed more than 3% to about $4,200 an ounce, its highest level since late June. US gold futures advanced roughly […]

Dubai-based mobility platform Zed is offering passengers 15 per cent cashback on completed rides throughout August, seeking to build customer loyalty as competition intensifies across the emirate’s app-based transport market. The reward is credited automatically to a passenger’s Zed Wallet after each qualifying journey and can be used towards later bookings on the platform. Customers can receive up to Dh20 for an individual trip, giving regular commuters […]

UAE stargazers are preparing for one of the year’s strongest meteor displays as the Perseid shower peaks overnight on August 12 and 13, with moonless skies expected to improve visibility across desert and mountain locations. The annual shower could produce dozens of visible meteors an hour under clear, dark conditions. Observers are likely to get the best views after midnight and before dawn on August 13, when […]

U. S. President Donald Trump said negotiations with Iran would take place on Monday but declined to impose a deadline for an agreement aimed at reopening the Strait of Hormuz and addressing Tehran’s nuclear capabilities. Trump said the United States had been prepared to launch another major attack against Iran before suspending the operation to allow diplomacy to proceed. Speaking to reporters, he offered few details about […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 3 August 2026 – The HCM City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) on July 30 signed a US$721 million international syndicated social loan with the Asian Development Bank, Standard Chartered and other international financial institutions, marking the largest international syndicated social loan ever raised by a Vietnamese organisation.

Dr Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of HDBank's Board of Directors, speaks at the signing ceremony, noting that the US$721 million syndicated social loan opens up new resources to support sustainable development and financial inclusion in Việt Nam. — Photo courtesy of HDBank.
Dr Nguyễn Thị Phương Thảo, Permanent Vice Chairwoman of HDBank’s Board of Directors, speaks at the signing ceremony, noting that the US$721 million syndicated social loan opens up new resources to support sustainable development and financial inclusion in Việt Nam. — Photo courtesy of HDBank.

The transaction highlights strong confidence among global investors in HDBank and Vietnam’s long-term economic prospects.

The proceeds will be used to expand access to finance for micro, small and medium-sized enterprises, particularly women-owned businesses, supporting financial inclusion and sustainable development in Vietnam.

The facility was structured in line with the Social Loan Principles and HDBank’s Sustainable Finance Framework. ADB and Standard Chartered served as joint coordinators, while ANZ, Cathay United Bank, Commerzbank, Maybank Securities, MUFG Bank and the State Bank of India acted as mandated lead arrangers and bookrunners.

The transaction attracted strong interest from international investors, with commitments reaching US$721 million, around 60 per cent above the original target.

CEO of Standard Chartered Vietnam said the facility is the largest syndicated social loan ever raised by a Vietnamese organisation.

“This achievement reflects investors’ confidence in HDBank and its leadership team, and demonstrates optimism about Vietnam’s long-term growth prospects and the growing appeal of the country’s sustainable finance market among global investors,” the CEO said.

Speaking at the signing ceremony, Dr Nguyen Thi Phuong Thao, Permanent Vice Chairwoman of HDBank’s Board of Directors, described the loan as a new milestone for the bank.

“It is our first financing facility dedicated exclusively to social initiatives, including programmes supporting women,” she said, adding that the transaction recognised HDBank’s long-standing commitment to community development through programmes supporting businesses, healthcare, education, culture, sports, women and children.

Tran Hoai Nam, HDBank’s Permanent Deputy CEO, said the proceeds would strengthen the bank’s medium- and long-term funding base while expanding lending to SMEs, particularly women-led businesses.

Earlier, HDBank had secured US$270 million in green financing and US$380 million in sustainable finance from international development finance institutions, including IFC, ADB, Proparco, DEG, LeapFrog, FMO, BII, JICA, FinDev and SMBC.

Hashtag: #HDBank

The issuer is solely responsible for the content of this announcement.

HONG KONG SAR – Media OutReach Newswire – 2 August 2026 – The Eugene BB Expo, Hong Kong’s largest annual maternity and baby grand event, grandly opened at the Hong Kong Convention and Exhibition Centre. XINGZISHAN, an original Chinese functional kids’ loungewear brand from mainland China, staged its highly anticipated debut at the exhibition. Blending Eastern and Western aesthetics with premium craftsmanship, the brand leverages the Greater Bay Area as a strategic gateway to complete its landmark Hong Kong & Macau market premiere, officially kicking off its overseas expansion journey.

Chinese Original Kids Apparel Brand XINGZISHAN Makes Debut at Hong Kong's Largest Eugene BB Expo, Marking a New Chapter of Domestic Brands Going Global

Mainland Original Base Layer Specialist Debuts at Hong Kong’s Top Baby Expo

Founded to solve real parenting pain points, XINGZISHAN focuses on essential close-fitting apparel for children. The brand independently develops high-performance fabrics featuring seamless skin-friendly construction, anti-allergy skincare protection, breathability and quick-dry properties. It has built a full matrix of kids’ base layers tailored to tropical subtropical Hong Kong parenting needs, addressing common challenges including kids’ excessive sweating, sensitive skin, temperature fluctuations between day and night, and multi-scenario indoor & outdoor wear.

Long dominated by overseas and Hong Kong maternity brands, the Eugene BB Expo delivers dual value for end-consumer retail traffic and cross-border business matching, with few mainland original kids’ base layer brands participating in previous editions. Bringing its complete lineup of functional children’s base layers to the expo, XINGZISHAN stood out as a distinctive representative of original mainland brands. Through differentiated original design and robust product performance, the brand showcased the premium quality and humanistic warmth of Chinese independent kids’ wear labels.

Original Mission: One Base Layer, Endless Comfort for Kids’ Unrestrained Growth
XINGZISHAN adheres to its core brand ethos — “From Base Layer to Life Backing, Safely is Basic”. Beyond crafting soft inner layers, the brand creates safe, professional, well-fitted and stylish functional apparel to safeguard children’s freedom to explore, while easing parents’ stress over daily kids’ outfit selection.

Speaking at the booth, Zhang Yangzhi, Founder of XINGZISHAN, shared the brand’s founding vision: “Base layers stay close to children’s skin every single day, forming the most fundamental layer of protection as they grow. We aim to perfect this intimate daily essential, using professional fabrics and tailored cuts to support kids’ unrestrained childhood.”

Throughout the exhibition run, the brand’s booth drew steady crowds of Hong Kong expectant mothers, local parents, cross-border families and maternity retail procurement buyers. Many mums commented that XINGZISHAN’s sweat-wicking, non-chafing seamless fabrics perfectly fit Hong Kong’s humid climate and kids’ active daily routines. The versatile loungewear pieces that transition effortlessly from bedroom to outdoor outings greatly simplify parents’ daily childcare routines.

The brand also addresses a key consumer pain point for fathers, who often struggle to find kids’ clothing balancing appealing aesthetics and reliable quality. With premium fabric texture and child-centric aesthetic design, XINGZISHAN earns consistent family approval, cementing its position as a top household apparel choice.

Cultural Exchange: Oriental Inspirations Meet Minimalist Western Design

This debut at the Eugene BB Expo marks a critical milestone in XINGZISHAN’s global expansion, as well as a vivid showcase of Chinese kids’ wear cultural export. The booth space integrates brand storytelling, natural fabric displays and parenting philosophies, paired with local Hong Kong touches such as tram elements to boost visitor engagement.

Breaking away from the cluttered heavy prints typical of traditional Chinese-style children’s clothing, XINGZISHAN harmoniously fuses Eastern culture with Western minimalism. Drawing visual motifs from ginkgo leaves, wheat ears and auspicious cloud patterns, the brand pairs them with clean, streamlined silhouettes iconic to Western kids’ fashion, alongside soft, low-saturation natural tones that strike an ideal balance between practicality and gentle aesthetic charm.

Global Expansion Roadmap: Hong Kong as the Springboard for Overseas Growth

Capitalizing on Hong Kong’s unique geographical advantage as “backed by Mainland China, connected to the world” and its role as a super connector, XINGZISHAN seizes the Eugene BB Expo platform to connect deeply with Hong Kong & Macau maternity retail channels, chain stores and procurement resources. The brand will rapidly penetrate local Hong Kong and Macau markets, establishing a direct supply chain from mainland original kids’ wear brands to regional families.

Moving forward, XINGZISHAN plans to steadily expand into Southeast Asian markets. It will bring Chinese kids’ apparel R&D expertise and Eastern parenting aesthetics to the Greater Bay Area and international audiences, paving the way for original domestic children’s wear brands to shine on a broader global stage.

Hashtag: #XINGZISHAN

The issuer is solely responsible for the content of this announcement.

Russia has prohibited cryptocurrency mining across Moscow, the surrounding Moscow Region and parts of the Kursk Region until the end of 2032, widening restrictions designed to protect electricity networks from power-intensive digital currency operations. The measure will take effect on August 15, 2026, and remain in force until December 31, 2032. It covers both the mining of digital currencies and participation in cryptocurrency mining pools, closing a […]

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Renowned mountaineer Nirmal Purja has died after an avalanche struck his expedition on Broad Peak in northern Pakistan, his climbing company confirmed on Saturday. Elite Exped, which Purja co-founded, said the Nepal-born climber, widely known as Nimsdai, lost his life after the avalanche swept through the group on Thursday. The company also confirmed that other members of the international expedition had not survived. Purja was leading a […]

A Chinese-speaking hacker used DeepSeek artificial intelligence to autonomously identify vulnerable systems, obtain publicly available exploit code and launch attacks against hundreds of internet-facing targets, exposing how generative AI is moving closer to independently conducting offensive cyber operations. The campaign involved more than 460 targets and combined AI-directed activity with conventional manual hacking. The operator, who used the online aliases “knaithe” and “KnYuan”, controlled an open-source framework […]

By K Raveendran India’s political conversation appears to be acquiring a new address. It is no longer confined to Parliament House, party headquarters, election rallies or television studios. Increasingly, it begins with a mobile phone placed at a flattering angle, a carefully chosen background and the familiar instruction to look into the camera and speak […]

The article When Parliament Goes Silent, Politics Switches On The Camera appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Bitcoin is shifting from speculative traders to long-term holders, but weak demand is preventing the tightening supply structure from producing a convincing price recovery. On-chain indicators show that coins are changing hands less frequently as investors with longer holding horizons expand their share of the network’s realised value. Short-term holders now account for about 23% of Bitcoin’s realised capitalisation, a multi-year low, while the long-term holder share […]

President Donald Trump has cast doubt on renewed negotiations with Iran and warned that US military attacks could intensify, deepening fears that the five-month conflict will extend further across the Middle East. Speaking during a Cabinet meeting at Camp David, Trump said he was losing confidence in Iranian negotiators because they had misrepresented their intentions. He indicated that Washington was preparing to strike Iran harder unless Tehran […]

TAIPEI, TAIWAN – Media OutReach Newswire – 30 July 2026 – The Sagrada Família in Barcelona reached a historic milestone last month with the blessing and inauguration of the Tower of Jesus Christ. The ceremony completed the central spire of architect Antoni Gaudí’s masterwork after 144 years of construction. TVBS partnered with Japan’s NHK to provide live coverage, becoming the only Taiwanese media organization granted access to report from inside the basilica.

TVBS, NHK, HTC together documented a defining milestone in the Sagrada Família's history. TVBS cultural ambassador Lin Chi-ling joined the reporting team in Barcelona.
TVBS, NHK, HTC together documented a defining milestone in the Sagrada Família’s history. TVBS cultural ambassador Lin Chi-ling joined the reporting team in Barcelona.

The collaboration marks a significant moment for Taiwan’s international media presence, as the completion of Gaudí’s vision draws global attention to one of the world’s most visited cultural landmarks. NHK has documented the construction of the Sagrada Família for decades, building a relationship of trust with the basilica’s team that enabled joint coverage.

TVBS crews filmed in areas rarely accessible to media, including the crypt where Gaudí is buried, architectural workshops, and key structural sections of the basilica. The team conducted interviews with architects and experts involved in the project during preparations for the inauguration ceremony. Construction on the church began in 1882, one year before Gaudí took over as chief architect.

Taiwanese actress Lin Chi-ling joined the reporting team in Barcelona as a cultural ambassador for the project. Lin met with architects and experts to explore the basilica through the perspectives of architecture, aesthetics, and cultural heritage. Her involvement added a cultural dimension to the coverage beyond conventional architectural reporting.

The coverage brought together partners from Taiwan’s technology and financial sectors. HTC, through its VIVE Arts initiative, contributed its immersive experience “Gaudí, the Atelier of the Divine.” The virtual reality program allows audiences to explore Gaudí’s architectural world in new ways, transcending geographical and physical boundaries.

TS Financial Holding Co., Ltd., which has long supported arts and cultural exchange, sponsored the live broadcast. The company cited values of integrity, innovation, and sustainability in joining the project. The cross-sector collaboration extended Taiwan’s cultural advocacy onto the international stage, connecting the 144-year architectural endeavor to audiences in Taiwan and Chinese-speaking communities worldwide.

TVBS integrated AI-powered real-time translation technology throughout the live coverage, facilitating multilingual communication across international production teams. The project showcased Taiwan’s ability to connect industries and communities across borders. TVBS, NHK, HTC, and TS Financial Holding Co., Ltd., together documented a defining milestone in the Sagrada Família’s history.

Hashtag: #TVBS

The issuer is solely responsible for the content of this announcement.

By Dr. Gyan Pathak National Convention of Workers and Farmers has called for a nationwide protests on August 10 as part of immediate programme of action against the anti-workers and anti-farmers policies of the Union Government under Prime Minister Narendra Modi. They have resolved organize demonstrations at state and district levels through several form of […]

The article Workers And Farmers To Protest Across India On August 10, 2026 appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

A cultural and technological alliance redefining sound, self-expression, and premium audio innovation for Morocco’s new generation.

CASABLANCA, MOROCCO – Media OutReach Newswire – 30 July 2026 — Where music meets innovation, self-expression thrives. Marking a major moment in Morocco’s creative scene, global smart accessories pioneer oraimo has teamed up with the country’s rap trailblazer Draganov as its newest Brand Ambassador. This tie-up represents a deep, long-term strategic alliance. By uniting one of Morocco’s most authentic musical voices with one of the world’s fastest-growing consumer electronics brands, the partnership seeks to elevate how Gen Z and Millennials perceive lifestyle technology.

Noise Off, Space On: oraimo Announces Visionary Partnership with Rap Icon Draganov Alongside Flagship SpaceBuds 2 Debut

Serving as the cornerstone of this exciting long-term collaboration is the launch of the oraimo SpaceBuds 2. Guided by the campaign mantra “Noise Off. Space On.”, the partnership highlights the power of smart technology in helping young individuals shape their own creative sanctuaries amidst a noisy world.

Both oraimo Maroc and Draganov share a dedication to inspiring the next wave of creators through authentic, boundary-pushing experiences. “To me, music is about carving out a personal space to create and connect,” Draganov shared. “Partnering with oraimo is exciting because we both want to empower people to experience that creative freedom, whenever and wherever they are.”

Crafted from the user’s perspective, the oraimo SpaceBuds 2 act as the ultimate everyday companion—whether commuting, working, or chasing inspiration. The wireless earbuds boast an industry-leading 52dB ANC (Active Noise Cancellation), powered by an advanced hybrid noise-cancelling algorithm. This ensures that even in chaotic urban environments, users can instantly switch off external noise and focus on their own rhythm.

Breaking new ground in music technology, the oraimo SpaceBuds 2 also come packed with cutting-edge AI Translation functions. With features supporting real-time conversation translation, voice prompts, and meeting note summarization, these smart earbuds seamlessly transition from an immersive entertainment hub to a powerful tool for young business professionals.

Visually, the earbuds pay homage to Moroccan culture and speak directly to local roots, with a unique Lunar Eclipse sliding design. Featuring a sleek, Lunar Eclipse-inspired sliding cover complemented by a custom Infinite Light Effect, the product beautifully marries modern design with deep cultural meaning. Beneath the hood, a φ11mm dynamic driver works in harmony with the signature HavyBassTM algorithm to deliver a rich, spatial audio experience and crystal-clear call quality. Complete with an impressive 45-hour battery life and a 10-minute ultra-fast charge that delivers 3 hours of playback, the earbuds redefine everyday convenience.

The oraimo SpaceBuds and oraimo SpaceBuds 2 are now both available across Morocco. Users can fully customize their listening experience, adjust noise reduction levels, and locate their earbuds via the official oraimo Sound app. By bridging the gap between premium consumer electronics and authentic Moroccan youth culture, oraimo continues to solidify its footprint as an innovative lifestyle-driven leader in the region.

Hashtag: #oraimo #SpaceBuds2 #Draganov

The issuer is solely responsible for the content of this announcement.

About oraimo

oraimo is a pioneering global smart accessories brand that brings cutting-edge, accessible technology to consumers worldwide. Operating in over 60 countries, oraimo serves as an industry frontrunner by blending premium quality, modern design, and exceptional value. Its extensive product ecosystem spans wireless earbuds, smartwatches, speakers, charging solutions, power banks, mobile accessories, and smart home devices. Guided by a spirit of continuous innovation, oraimo is committed to designing smart solutions that inspire and empower young generations to live a more connected, dynamic lifestyle.

Official website:

Major cryptocurrencies traded within narrow ranges on Thursday as Asian semiconductor shares stabilised after Samsung Electronics reported a dramatic rise in chip earnings, easing pressure across technology-linked risk assets. Bitcoin hovered near $64,100, while Ether changed hands around $1,905. XRP traded at about $1.07, Solana near $74 and BNB around $572. Tron was little changed at roughly $0.33, while Hyperliquid’s HYPE token slipped towards $54. Trading activity […]

Masdar and Montenegro’s state power utility have moved a planned 2-gigawatt renewable energy partnership into execution, signing agreements for two solar plants and exploring large-scale pumped hydro storage. Abu Dhabi Future Energy Company, known as Masdar, and Elektroprivreda Crne Gore, or EPCG, will jointly develop the 115-megawatt Štedim solar photovoltaic project and the 35-megawatt Krupac solar plant. The agreements cover 150 MW of initial generation capacity under […]

The Supreme Court has urged Parliament to create distinct criminal offences for “digital arrest” scams and artificial intelligence-generated deepfakes, warning that existing laws do not adequately address technology-enabled fraud that has cost citizens about ₹54,000 crore over six years. Solicitor General Tushar Mehta told a bench headed by Chief Justice Surya Kant that the Centre was preparing legislation covering digital arrests, deepfakes and related cyber offences. The […]

Arabian Post Staff -Dubai Rakhi Sawant has launched a scathing attack on BJP MP Kangana Ranaut over her comments about young people involved in the student-led protests at Jantar Mantar, escalating a dispute that has drawn reactions from political leaders and entertainment figures. Sawant used an Instagram video to accuse Ranaut of insulting students and young women, calling her a “chudail”, or witch, and questioning her political […]

Onsite solar installation to cut FCC Philippines’ energy costs by 30% compared to grid electricity prices, supporting the automotive supply chain manufacturer’s cost competitiveness and energy resilience in Laguna.

LAGUNA, PHILIPPINES – Media OutReach Newswire – 29 July 2026 – FCC (Philippines) Corp., a subsidiary of Japan’s FCC CO., LTD. and a key global supplier to leading automotive and motorcycle brands including Honda, Yamaha, Suzuki and Kawasaki, Ford, Harley-Davidson, BMW, among others, has signed a long-term solar agreement with Peak Energy to power its clutch systems facility in Laguna with onsite renewable energy.

Sandro Bruni (Peak Energy) and Tsuyoshi Nakada (FCC Philippines Corporation) at the Signing Ceremony held on 10th of July
Sandro Bruni (Peak Energy) and Tsuyoshi Nakada (FCC Philippines Corporation) at the Signing Ceremony held on 10th of July

The system is expected to generate approximately 1,500 MWh in its first year of operation from a
1 MWp onsite solar installation, delivering electricity to FCC Philippines at a price approximately 30% lower than grid tariffs. This is expected to avoid approximately 650 tons of CO₂ annually, equivalent to avoiding the consumption of almost 252,000 liters of gasoline.

Under the 15-year agreement, Peak Energy will design, finance, construct, own and operate the solar system, with FCC Philippines purchasing the electricity generated at no upfront capital cost. The structure allows FCC Philippines to access clean, competitively priced power while Peak Energy manages construction and ongoing operations and maintenance.

FCC CO., LTD. is the undisputed global leader in the motorcycle clutch market, with more than 50% global market share, and a leading supplier of automotive clutch components worldwide. The company and has manufactured in the Philippines since 1993, supplying integrated clutch systems not only to the four of the world’s four largest motorcycle OEMs, but also to other established global brands across both the two-wheel and four-wheel industries. Global automotive supply chains are under growing pressure to reduce embedded emissions, and the agreement gives FCC Philippines a concrete way to strengthen its competitiveness within that supply chain.

The agreement builds on Peak Energy’s track record with Japanese-parented manufacturers across the region, including JTEKT (Toyota Group) in Japan, AICA in Thailand and Yokogawa in Singapore. FCC Philippines’ decision to choose Peak Energy reflects the same standard of engineering excellence and delivery experience that has earned these manufacturers’ trust, technical rigor, disciplined project execution and a track record of on-time, on-budget delivery that meets the exacting quality expectations Japanese corporates apply to their partners across Asia.

As industrial demand for lower-cost, predictable power grows, the Philippine market is naturally redirecting capacity toward developers with the financial strength, engineering capability and technology to execute and operate assets credibly at scale, supported by a Department of Energy target of 35% renewable energy share by 2030.

“Industrial buyers in the Philippines are increasingly looking for power that’s cheaper than the grid and shielded from imported fuel prices,” said Gavin Adda, CEO of Peak Energy. “This project delivers both, at a 30% discount to grid tariffs. We are glad to see FCC moving toward a developer with the financial strength and engineering capability to deliver at scale.”

“This solar project represents an important milestone in FCC’s journey toward a more sustainable future,” said Tsuyoshi Nakada, President of FCC (Philippines) Corp. “As part of the FCC CO., LTD., Group’s commitment to achieve carbon neutrality by 2050, with a 50% reduction in carbon emissions by 2030, we continue to invest in initiatives that reduce our environmental footprint while strengthening the resilience of our operations. We are pleased to partner with Peak Energy in advancing these shared sustainability goals.”
Hashtag: #Japan #Automotive #Irarwar #Iran #Philippines #redalert #energy #energycosts #Scope2 #sustainability


The issuer is solely responsible for the content of this announcement.

About Peak Energy

Headquartered in Singapore, Peak Energy develops, owns, and operates renewable assets across Asia Pacific (APAC). With over 300 MW of operating assets and 2 GW worth of projects in development, Peak Energy is the fastest growing renewable energy developer with a portfolio spanning Japan, Korea, Australia, Taiwan, the Philippines, Thailand, Singapore and Indonesia. With activities encompassing the full range of renewable energy business models – including utility-scale development, off-site PPAs, onsite PPAs, and energy storage applications – Peak Energy is a one-stop partner for corporates seeking to decarbonize their operations in APAC. We believe in establishing long-term partnerships with our corporate customers, to accompany them in their decarbonization journey, through cleaner, cheaper energy.

An experienced team handles the complete life cycle of our energy assets from origination and development through to operations and decommissioning, employing state-of-the art technology and the industry best practices, respectful of the environment and following world-class HSE standards.

Our business practices, technological and HSE standards are standardized across APAC, but we are implemented and operate locally, with teams in seven countries, and lasting partnerships with local customers, EPCs, vendors, channel partners.

Peak Energy is wholly owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximatively USD 88 billion of assets under management. Our financial and technical strength coupled with our relationships in local markets allows us to optimize our capital deployment in high quality assets.

For more information, please visit .

About FCC (Philippines) Corporation

Established in 1993 at Laguna Technopark in Biñan City, Laguna, FCC (Philippines) Corp. is a subsidiary of Japan’s FCC CO., LTD., a global leader in automotive and motorcycle clutch systems. The company manufactures and assembles clutch engine components for leading global automotive and motorcycle brands and has a workforce of more than 600 personnel at its Laguna facility. As part of its commitment to sustainable growth, FCC CO., LTD., continues to strengthen its core clutch business while expanding into electrification-related technologies by leveraging its core expertise in die casting, press, and joining technologies to support the evolving mobility industry.

Singapore’s central bank has warned that any sharp pullback in artificial intelligence investment could weaken global growth, disrupt semiconductor demand and trigger turbulence across financial markets.

The Monetary Authority of Singapore said uncertainty over whether companies can sustain vast spending on data centres, advanced chips and computing infrastructure has become a significant risk to the economic outlook. The warning reflects growing scrutiny of whether revenue generated by AI services can justify the scale of capital committed by technology groups.

MAS Managing Director Chia Der Jiun said the global economy should continue to benefit from AI-related expenditure in the near term, but the longer-term impact remains difficult to assess. A sudden reduction in investment could affect manufacturing, trade and financial asset prices, particularly in economies closely linked to electronics supply chains.

The assessment carries particular significance for Singapore, where technology-related production has driven much of the economic expansion this year. The economy grew by about 6 per cent during the first half of 2026, while AI-linked electronics accounted for more than 70 per cent of export growth. Semiconductor production, data-centre equipment and related services have helped offset pressure from trade restrictions, higher energy costs and geopolitical instability.

MAS expects economic activity to remain firm during the second half of the year, supported by technology, construction and financial services. However, it cautioned that tighter global financing conditions or a reversal in AI expenditure could undermine the durability of that growth and ease inflation more rapidly than expected.

The warning comes as the world’s largest technology companies raise spending on processors, servers, power systems and data centres. Capital expenditure by major AI-linked companies is projected to rise by more than 75 per cent to around $700 billion in 2026. Large technology groups are also turning increasingly to debt markets to finance the buildout, strengthening the connection between AI investment, credit conditions and the wider economy.

Fitch Ratings has identified an AI market correction as an emerging global credit risk, citing elevated valuations, concentrated investment and uncertainty over future returns. Amazon and Alphabet are among companies whose combined bond issuance has reached about $182 billion, underlining the growing role of borrowed funds in supporting infrastructure spending.

Supporters of the investment surge argue that generative AI could raise productivity, reduce costs and create new markets comparable to earlier technological transformations. Demand for advanced chips and cloud capacity remains strong, while business investment data continue to show momentum. US orders for core capital goods rose 0.9 per cent in June, and shipments increased 1.9 per cent, their strongest gain in four and a half years, helped by spending on computers and electronic equipment.

Questions persist over how quickly that spending will generate sustainable profits. Data centres require large quantities of electricity, specialised chips and cooling infrastructure, while rapid improvements in computing equipment can shorten replacement cycles. Companies may face pressure to keep investing even before earlier projects achieve their expected returns.

Academic research indicates that the AI boom combines strong technological foundations with pockets of speculative vulnerability. Enterprise adoption, revenue growth and productivity improvements support parts of the valuation expansion, but investment has outpaced monetisation in some segments. Private-market valuations are also concentrated among a limited number of companies, increasing the risk that a reassessment of growth expectations could spread rapidly.

Global equity markets are already showing greater sensitivity to concerns about returns from AI spending. Semiconductor shares have faced selling pressure, while technology indices have retreated from earlier peaks. Investors are closely examining earnings from leading cloud and chip companies for evidence that demand remains strong enough to support infrastructure budgets.

Singapore is vulnerable to such shifts because of its position in global electronics, finance and trade networks. A decline in chip orders could affect factory output and exports, while a fall in technology valuations could weaken investment sentiment and household wealth. Financial institutions could also face losses through corporate lending, bond holdings and market exposure.

MAS has separately highlighted cybersecurity threats arising from AI and quantum-computing advances. AI tools can improve fraud detection and network monitoring, but they can also make phishing, impersonation and hacking attempts more convincing. The authority has established an industry task force to help financial institutions strengthen their defences as technology-driven risks become more sophisticated.

Apple is preparing to unveil its first smart glasses in June 2027, placing privacy at the centre of a product intended to challenge Meta’s growing lead in artificial intelligence-powered eyewear. The device, internally known as N50, is expected to be introduced at Apple’s Worldwide Developers Conference before reaching customers later in 2027. Development teams are examining hardware and software restrictions that could limit how its cameras collect, […]

By Dr. Gyan Pathak Fixing accountability for brutality on peacefully protesting students across the country has now clearly emerged as the next big issue, with the opposition disrupting the proceedings of the Parliament of India for the 7th day (July 28, 2026) of the Monsoon session demanding accountability from the Union Minister of Home Amit […]

The article Fixing Accountability For Police Excesses On Jantar Mantar Protestors Is Now The Core Issue appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai Tension gripped Maldare near Siddapura after a tomb-like structure was found inside the Gaddigebetta Sri Siddeshwara Temple premises, prompting hundreds of villagers and activists to stage a protest demanding swift arrests. Temple staff discovered the flower-decorated structure on Sunday morning after entering the hilltop premises. The management alerted Siddapura police and lodged a complaint alleging that unidentified people had entered the restricted area […]

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