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Cloudflare unveils Zero Wire vulnerability intelligence service // Vance attributes Republican midterm defeats to Iran conflict // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Private varsities bill all set to face the axe // Oil and chip shares retreat after Democratic victories // TVM –Mangaluru Vande Bharat claims top spot // Dubai boat show confirms international shipyard line-up for November // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // UK air traffic outage inflicted £33m financial losses // Kochi police detain two actors over bid to honey trap doctor // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Meraas showcases five residential zones at Dubai Design Week // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Hong Kong mandates crypto transaction disclosures to tax authorities // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Millions Of Indians May Soon Be Deprived Of Government Assistance // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Cyberport Venture & Capital Forum 2026 Grand Opening //

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 The convergence of the AI boom and the global energy transition is a compelling investment opportunity for forward-thinking investors, says the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organizations. The bullish analysis from Nigel Green of deVere Group comes as John Podesta, the top US climate envoy, visits Japan, to discuss how the world’s largest and third-largest economies […]

SINGAPORE – Media OutReach Newswire – 13 March 2024 – In a bold move that underscores its leadership in the cybersecurity industry, ABPGroup recently announce its latest expansion into Taiwan, marking a significant milestone in its rapid growth across Asia. This strategic initiative is a testament to ABPGroup’s unwavering commitment to delivering cutting-edge security solutions and fortifying the digital landscape in the region. Figure 1: ABPGroup Team […]

U.S. authorities announced the recovery of $1.4 million worth of Tether (USDT) cryptocurrency on March 12th. The funds are suspected to be proceeds from a fraudulent customer support scheme that preyed on elderly victims. The operation, a joint effort by the Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI), targeted unhosted cryptocurrency wallets allegedly used by the scammers. According to a press release from […]

K Raveendran The Dubai International Financial Centre’s (DIFC) enactment of the world’s first comprehensive digital assets law this week marks a milestone, not just for the world of cryptocurrency and blockchain technology, but also for Dubai’s ambitions within the knowledge economy. This bold move positions Dubai as a frontrunner in regulating and facilitating the growth of this nascent asset class, potentially solidifying its position as a global […]

Hong Kong is ranked 10th – the only other Asian market in the top 10 most connected list Globalization reached a record high, despite pandemic and geopolitical conflict Current level of globalization at only 25 percent, citing large potential to continue growing global flows Evidence points to robust intra-Asia trade flows and intercontinental trade demand between Asia and the West SINGAPORE – Media OutReach Newswire – 13 […]

The cryptocurrency market is abuzz with renewed optimism as Bitcoin, the world’s leading digital currency, experiences a significant surge in daily investment. Data indicates that capital inflows into Bitcoin have reached $2 billion, a level last witnessed during previous bull markets. Analysts predict that this trend is likely to continue, potentially reaching even greater heights, fueled by the much-anticipated introduction of spot exchange-traded funds (ETFs). Spot ETFs […]

Saudi Arabia is poised for a metamorphosis. Long known for its oil reserves and conservative traditions, the kingdom is now setting its sights on a future gleaming with innovation and futuristic megacities. This ambitious vision, spearheaded by Crown Prince Mohammed bin Salman’s “Vision 2030” plan, aims to diversify the economy, attract foreign investment, and position the country as a regional leader in technology and sustainability. The centerpiece […]

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South Korea’s National Tax Service (NTS) is taking a significant step towards clamping down on cryptocurrency tax evasion with the development of a virtual asset tax system. This system, expected to be operational by 2025, aims to enhance transparency in the burgeoning virtual asset market and ensure fair taxation practices. The move comes amidst a global surge in cryptocurrency investment, fueled in part by the recent approval […]

HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the “Group” or “Oi Wah”) and PACM Group (Holdings) Limited (“PACM Group”) jointly announced that Oi Wah Mortgage Limited, the indirect wholly-owned subsidiary of the Group, has entered into the Subscription Agreement with the General Partner (co-owned by PACM Group […]

Elon Musk, a prominent figure in the technology industry, has reignited discussions about artificial intelligence (AI) with his recent predictions on its development. In a social media post, Musk suggested that AI could surpass the cognitive abilities of individual humans within the next year. He further projected that by 2029, AI might even exceed the collective intelligence of all humanity combined. These statements echo similar sentiments expressed […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 13 March 2024 – The HCM City Development Joint Stock Commercial Bank (HDBank) has hiked its loan limits and promoted lending for rice production and export value chains to enable Vietnamese rice to reach the world. At the eighth congress of the Vietnam Farmers Union held in December 2023, HDBank launched its HDBank Rural Services, a specialised […]

BlackRock’s iShares Bitcoin Trust (IBIT), launched in February as part of a wave of U.S. spot Bitcoin ETFs, has surpassed a major milestone in its holdings. The fund now manages over 200,000 bitcoins (BTC), reflecting a strong investor appetite for the world’s leading cryptocurrency. This rapid accumulation highlights the growing interest in Bitcoin among institutional investors. BlackRock’s ETF, designed to provide a more traditional investment vehicle for […]

The United Arab Emirates (UAE) has taken a significant step towards strengthening its financial sector by establishing the region’s first dedicated dispute resolution institution for banking and insurance matters. This innovative initiative aims to provide a faster, more efficient, and cost-effective mechanism for resolving financial disagreements between consumers and institutions. Prior to this development, resolving such disputes often involved lengthy court proceedings, which could be expensive and […]

Music streaming giant Spotify is making a splash in the world of blockchain technology. In a move designed to streamline artist compensation, Spotify has acquired Mediachain, a Brooklyn-based startup specializing in blockchain solutions for the music industry. This acquisition signals Spotify’s intent to leverage blockchain’s secure and transparent ledger system to revolutionize how artists are paid for their work. The current system for compensating artists on streaming […]

BANGKOK, THAILAND – Media OutReach Newswire – 13 March 2024 – Dr. Kongkrapan Intarajang, CEO and President of PTT Global Chemical Public Company Limited or GC, revealed that GC has been ranked in the global sustainable company with a Top 1% S&P Global ESG Score, securing the No. 1 with the highest score among over 355 companies in the global chemicals sector. This reinforces the company’s reputation […]

The upcoming Islamic holy month of Ramadan is typically a boom period for retailers, but this year, global supply chain disruptions threaten to dampen the festive spirit. These challenges, lingering from previous years, are squeezing retail businesses as they scramble to meet the surge in demand for Ramadan essentials. Traditionally, Ramadan brings a shift in consumer habits. Families stock up on food items like dates, lentils, and […]

The Dubai Multi Commodities Centre (DMCC) witnessed a surge in new companies in 2023, solidifying its position as a leading business hub. With a record-breaking year nearly achieved, DMCC welcomed a staggering 2,692 new businesses, bringing the total number of companies in its district to over 24,000. This significant growth is attributed to a combination of factors. The launch of new industry-specific ecosystems catered to diverse business […]

HONG KONG SAR – Media OutReach Newswire – 13 March 2024 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 259, which together with its subsidiaries is referred to as the “Group”) announces that the Group has entered into the Share Purchase Agreement with Zhejiang Construction Investment Group Company Limited (“Zhejiang Construction Investment”), a state-owned enterprise, through its direct wholly-owned subsidiary, Billion Power Investment Limited. […]

Jamie Dimon, CEO of financial giant JPMorgan Chase, reignited the debate on Bitcoin’s legitimacy during a recent interview. While acknowledging the right to invest in the cryptocurrency, Dimon expressed skepticism about its underlying value and potential benefits. “I don’t know what the bitcoin itself is for,” Dimon remarked, drawing a comparison to cigarettes. “I’ll defend your right to buy a bitcoin, just like I’d defend your right […]

NTT Innovation Alliance Program creates a collaborative platform in Hong Kong, leveraging the company’s expertise and docomo business’ success in Hong Kong and Japan to co-create within a diverse tech ecosystem that encompasses enterprises, partners, universities and startups to commercialize future-ready solutions from Proof-of-Concept to the Go-to-Market stage. Partners in the program thus far include leading innovation hubs Cyberport and HKSTP, research center LSCM, academic research partners […]

The holy month of Ramadan in Ajman has been a time of both spiritual reflection and communal connection. His Highness Sheikh Humaid bin Rashid Al Nuaimi, the Ruler of Ajman, and His Highness Sheikh Ammar bin Humaid Al Nuaimi, the Crown Prince, have continued to receive a steady stream of well-wishers at Al Zaher Palace. These gatherings, which began on the first day of Ramadan, offer an […]

The Bureau of Labor Statistics released its latest Consumer Price Index (CPI) data today, indicating a slight moderation in inflation. Year-over-year inflation came in at 3.1%, down from 3.5% in January. This is also marginally better than the forecasted rate of 3.2%. The monthly increase in prices remained steady at 0.4%, meeting analysts’ expectations. The report offers some relief to the Federal Reserve as it navigates the […]

HONG KONG SAR – Media OutReach Newswire – 12 March 2024 – The Jockey Club Multiple Pathways Initiative – CLAP-TECH Pathway (CLAP-TECH), funded by The Hong Kong Jockey Club Charities Trust, celebrated its fifth anniversary on Friday, 8 March. The ceremony was attended by over 130 industry partners and representatives from participating secondary schools, who shared how the programme has inspired students to pursue their dreams and […]

Dubai’s real estate market is experiencing a surge in demand thanks to the emirate’s Golden Visa program, which offers investors a 10-year residency permit. This influx of interest is causing a shift in both buyer behavior and developer strategies. Industry insiders report a growing trend of investors increasing their budgets to meet the minimum investment threshold of AED 2 million (USD 545,000) required for the Golden Visa. […]

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Just in:
Hong Kong mandates crypto transaction disclosures to tax authorities // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Dubai boat show confirms international shipyard line-up for November // Private varsities bill all set to face the axe // APT29-linked campaign exploits outdated Apple and Android software // ADIA and partners establish $1.4 billion aviation venture // Oil and chip shares retreat after Democratic victories // Cyberport Venture & Capital Forum 2026 Grand Opening // TVM –Mangaluru Vande Bharat claims top spot // Vance attributes Republican midterm defeats to Iran conflict // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // OpenAI identifies 948 Linux privilege escalation flaws using AI // Ousted top Kochi cop gets IG post // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Millions Of Indians May Soon Be Deprived Of Government Assistance // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Meraas showcases five residential zones at Dubai Design Week // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Middle East governments assess Iran war after US vote //