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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 April 2025 – Understanding the rhythm of financial markets can give traders a significant edge. Seasonalities—lasting trends that repeat themselves during some periods of the year—tend to influence the value of assets and the overall market state. Identifying these cycles allows traders to adapt their strategies better and make more informed decisions. In this material, experts at global […]

Absa Group Ltd., South Africa’s third-largest bank by assets, plans to open a representative office in Dubai during the first quarter of 2026, pending regulatory approval. Yasmin Masithela, CEO of Absa’s corporate and investment banking division, stated that the move aims to capitalise on the growing trade and investment flows between Africa and the Middle East. The strategic decision positions Absa alongside South African banking counterparts such […]

MACAU SAR – Media OutReach Newswire – 3 April 2025 – Galaxy Macau™, the world-class luxury integrated resort (hereinafter referred to as “Galaxy Macau”), offers diverse cultural experiences year-round, creating unparalleled journeys for guests from around the globe. In honor of the Songkran Festival, the traditional Thai New Year celebration, Banyan Tree Macau at Galaxy Macau will present a series of star-studded Thai culinary delights and rejuvenating […]

SAN FRANSICO, USA – Media OutReach Newswire – 3 April 2025 – On April 1 (Pacific Standard Time), the world’s top optical communication event, the 50th Optical Fiber Communication Conference and Exhibition (OFC), opens at the Moscone Center in San Francisco, USA. As a leading Chinese enterprise in the smart grid and energy management community, Shenglong Electric displays two competitive products: AI-iPanel, an AI-powered medium- and low-voltage […]

Checkout.com has partnered with Tabby to integrate Buy Now, Pay Later solutions into its platform, enabling merchants in the United Arab Emirates and Saudi Arabia to offer consumers flexible payment options at checkout. This collaboration aims to enhance the shopping experience, foster consumer loyalty, and drive business growth by providing greater flexibility at the point of purchase. The BNPL market in the Middle East has witnessed significant […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 April 2025 – Octa, a global broker since 2011, surveyed more than 2,000 traders from Indonesia, Malaysia, South Africa, and Nigeria to discover their most glaring concerns regarding choosing a financial broker. What are the most suspicious brokers’ traits, according to traders? How do traders identify potentially unreliable service providers in the highly diversified e-brokerage landscape? Below is […]

HONG KONG SAR – Media OutReach Newswire – 1 April 2025 – Henderson Land Development Company Limited (“Henderson Land” or “the Group”) (Stock code: 12) actively supports and promotes the development of the arts in Hong Kong. By curating diverse artistic experiences, the Group strives to delight and inspire art lovers and the public at large. The Group has transformed the Lambeth Walk Rest Garden into the […]

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By Nantoo Banerjee If in the United States, the world’s second largest federal democracy, the number of seats in the House of Representatives could remain capped at 435 since 1913, there is no reason to justify the latest delimitation exercise to freshly fix the number of seats and boundaries of territorial constituencies in each state […]

I’m often asked where I invest my own money—by clients, advisers, even industry peers. And in a year like this one, when the world is being reshaped by the policies of President Trump, market volatility, and fast-moving tech cycles, the question feels more urgent than ever. We’ve seen a 10% drop in markets this year. Historically, that’s not unusual—since 1950, there have been over 30 such corrections. […]

The United States has witnessed a dramatic decline in cryptocurrency trading volumes, with figures dropping over 80% since mid-March. On March 14, US exchanges recorded $3.22 billion in trading volume; by April 2, this had fallen to $621 million, marking a significant contraction in market activity.

This downturn aligns with a broader global trend. In January 2025, global cryptocurrency exchange spot volumes experienced a 19.5% decrease, falling to $1.73 trillion from December 2024’s record-breaking $2.14 trillion. Factors contributing to this decline include increased regulatory scrutiny and market volatility.

Coinbase, a major US-based cryptocurrency exchange, has seen its market share diminish as smaller exchanges gain ground. This shift reflects a changing landscape where traders are exploring alternative platforms, possibly due to varying fee structures, user experiences, or perceptions of security.

Despite these challenges, the global cryptocurrency market maintains substantial activity. As of now, the total market capitalization stands at $2.72 trillion, with Bitcoin dominating at $1.61 trillion, representing 59.34% of the market. Stablecoins collectively hold a market cap of $237 billion, accounting for 8.72% of the total crypto market cap.

The decline in US trading volumes may also be influenced by recent events affecting major exchanges. For instance, in February, a significant security breach resulted in the theft of $1.5 billion from Bybit, the world’s second-largest crypto exchange. Such incidents underscore the vulnerabilities within the crypto industry and may contribute to reduced trading activity as investors reassess risks.

HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – Huatai Securities Co., Ltd. (the “Company”; stock codes: 601688.SH, 6886.HK, HTSC.L), a leading technology-driven comprehensive securities company in China, released its consolidated financial results for the year ended December 31, 2024, reporting record revenue and profit, alongside substantial progress in its internationalization strategy. Annual Highlights： In 2024, the Company continued to execute on strategic priorities, […]

Elon Musk’s artificial intelligence venture, xAI, has acquired the social media platform X, formerly known as Twitter, in an all-stock transaction. The deal values xAI at $80 billion and X at $33 billion, inclusive of $12 billion in debt. Musk announced the acquisition on X, stating, “xAI has acquired X in an all-stock transaction.” This strategic move aims to integrate xAI’s advanced artificial intelligence capabilities with X’s […]

By Nitya Chakraborty The inevitable has happened. Narendra Modi government’s myopic policy on handling the interim government of Bangladesh headed by Dr. Muhammad Yunus has led this important neighbour of India into Chinese lap. The Xi Jinping-Yunus meeting held in Beijing on March 28 gave its final seal of approval to the economic strategy of […]

Matein Khalid The auguries for the CoreWeave (CRWV) IPO on Nasdaq are not too bright. Nvidia is down 10% in the last two trading sessions, the grapevine on the Street suggests that the pricing on CRWV will be below the $47-$55 range. While revenue growth has been spectacular since 2022, margins, accounting and loan repayments are a red flag. If this IPO flops, the ripple effect will […]

Dr Imran Khalid The winds of uncertainty are sweeping through Europe as the continent grapples with the stark reality of a diminished U.S. commitment to its security. The handling of the Ukraine crisis by the Trump administration has rightly sent shockwaves through European capitals, unearthing a reality that policymakers have long feared but often failed to address head-on: the United States, under its current leadership, is no […]

By Nitya Chakraborty Russian President’s pending visit to India has turned into a big diplomatic mystery as in the last five months since the Kazan summit on October 22 last year when Putin officially confirmed his visit to India in the presence of the Indian Prime Minister Narendra Modi amidst full media and TV glare, […]

VEON Ltd., a global digital operator, has secured a 24-month, $210 million senior unsecured term loan from a consortium of international lenders, including ICBC Standard Bank and leading Gulf Cooperation Council banks. The facility bears interest at the Secured Overnight Financing Rate plus 425 basis points.

Kaan Terzioğlu, CEO of VEON, stated that this new debt facility reflects the market’s strong confidence in VEON’s strategy, financial health, and future.

This financing marks VEON’s return to the capital markets since relocating its headquarters from Amsterdam to Dubai. The move was completed in December 2024, following approvals from the company’s Board of Directors. The relocation aligns with VEON’s strategic realignment to be closer to key markets and leverage Dubai’s status as a global business hub.

The successful syndication of the term loan underscores the confidence international lenders have in VEON’s financial health and strategic direction. The involvement of prominent institutions such as ICBC Standard Bank and leading GCC banks highlights the company’s strong relationships within the global financial community.

In addition to strengthening its financial position, VEON has been actively investing in its operating markets. In June 2024, the company committed $1 billion to enhance Ukraine’s digital infrastructure through its subsidiary Kyivstar, demonstrating its dedication to supporting economic growth in the regions it serves.

Rhenus Group expands Management Board from four to seven members to reflect the Group’s significant transformation and growth ambition, elevating crucial roles to the highest level of decision-taking Dr. Joana Bätz appointed member of the Rhenus Group Management Board with responsibility for the Group functions for Human Resources, Sustainability and Compliance Jan Harnisch appointed member of the Rhenus Group Management Board for the Air & Ocean Division […]

​ KUALA LUMPUR, MALAYSIA – Media OutReach Neswire – 28 March 2025 – As of March 2025, Brent crude oil prices have experienced fluctuations: its price traded between $68.30 and slightly above $73 per barrel. This volatility reflects evolving macroeconomic factors and geopolitical dynamics. OPEC+ has announced plans to gradually increase oil production starting in April 2025, aiming to unwind 2.2 million barrels per day of previous […]

Matein Khalid It took Trump 2.0 to finally dethrone King Dollar. The US Dollar Index has fallen from 110 to 104 as Planet Forex has finally concluded that aggressive tariffs on Canada, Mexico, China and the EU, coupled with stagflation risk in the US and Powell’s dovish take on a potential dual mandate pivot to easy money at a time when Germany ramps up defense spending by […]

Record-Breaking Revenue of HK$553.0M and Net Profit of HK$82.8M First-ever Dividend was HK$0.277 Cents Per Share Strengthening Presence in Osteoporosis, Ophthalmology, and Aesthetic Medical Markets HONG KONG SAR – EQS Newswire – 27 March 2025 – A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its annual results […]

By Nitya Chakraborty Prime Minister Narendra Modi is known as the super salesman of jumlas. Beginning from Jan Dhan account of Rs. 15 lakh for everyone to generating two crore jobs for youth every year, all the hyped up propaganda of the BJP led government since 2014 have turned into a big flop. Even in […]

Iran’s national currency, the rial, has depreciated to an unprecedented low, trading at 1,039,000 rials per U.S. dollar on Tuesday. This significant decline underscores the mounting economic challenges facing the nation as it grapples with stringent sanctions reinstated under President Donald Trump’s “maximum pressure” strategy. The reimplementation of these sanctions has severely curtailed Iran’s oil exports, a primary source of national revenue. Consequently, the economy has experienced […]

By Nitya Chakraborty Europe, which has always been vocal about its past history and civilization as well its contribution to the making of the modern world, has never faced such humiliation in the hands of its transatlantic ally the USA in the last eighty years since the end of the Second World War in 1945.The […]
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