PlayStation 5 sales in the United States fell sharply in May, dropping to the weakest May performance for Sony’s console hardware since 2000, as higher prices and a maturing console cycle weighed on demand while Nintendo’s Switch 2 dominated the market. Unit sales of PlayStation 5 declined 58 per cent from a year earlier, while dollar sales fell 43 per cent. Xbox Series hardware also showed strain, […]
Security researchers have identified a cloud storage weakness that could allow attackers to divert live data flows from major platforms, including Amazon Web Services, Google Cloud and Microsoft Azure, into storage controlled by outsiders without triggering obvious warning signs. The technique, described as cloud bucket hijacking, exploits the way many cloud providers use globally unique storage names to route logs, telemetry and replicated objects. If a bucket […]
Tether is moving to turn its multibillion-dollar bullion base into an active lending instrument, with holders of its gold-backed XAU₮ token set to borrow against their digital claims on physical gold without selling the underlying asset. The plan extends the company’s tokenised gold strategy into collateralised credit, a market structure already familiar to holders of bitcoin who use digital assets to obtain liquidity while keeping exposure to […]
Charleston, South Carolina, is known for its rich history, thriving business community, and welcoming neighborhoods. As one of the state’s fastest-growing cities, Charleston is also home to a diverse legal community serving individuals, families, entrepreneurs, and organizations across a wide range of legal matters. Whether you’re navigating a real estate transaction, planning your estate, resolving a family dispute, launching a business, or recovering after an accident, finding […]
The event, staged on 27 June under the theme “Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy”, brought together senior government officials, banking executives, fund specialists and business figures at a time when Hong Kong is sharpening its role as an international asset and wealth management centre. The programme focused on three closely linked priorities: helping companies expand overseas, strengthening Hong Kong’s position as a global offshore renminbi hub, and turning demographic change into investable opportunities across healthcare, insurance, lifestyle and retirement planning.
Michael Wong, Acting Financial Secretary of the HKSAR Government, Christopher Hui, Secretary for Financial Services and the Treasury, and Stephen Chan, Deputy Chief Executive of BOCHK, officiated at the event. Other participants included Ko Wing-man, Standing Committee member of the National Committee of the CPPCC; Siu Sai-wo, General Manager for Business Operations at TVB; Pauline Ngan, Deputy Chairman and Managing Director of Mainland Headwear Holdings; Sam Yu, Chairman of the Hong Kong Investment Funds Association; Jack Yang, RMB Business Executive Director of BOCHK; Terry Wong, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation; Angus Chan of Chinachem Group; and Wilson Tang, Chief Executive of BOC Group Life Assurance.
The expo’s opening forum examined how wider use of the renminbi could support enterprises expanding beyond their home markets. Speakers discussed changing global investment conditions, cross-border settlement, capital-market access and Hong Kong’s role as a bridge between the mainland and international investors. The focus reflected a policy push to deepen offshore renminbi activity while helping companies manage foreign exchange, financing and liquidity risks during overseas expansion.
Stephen Chan said Hong Kong was positioned to benefit from the 15th Five-Year Plan’s support for the city as an international asset and wealth management centre. BOCHK would align with government policy by deepening regional business development and promoting wider use of the renminbi, while contributing to Hong Kong’s standing as an international financial centre.
The event also gave prominence to the silver economy, a fast-expanding theme in Asian wealth and business strategy as ageing populations reshape demand for health services, insurance, property, retirement products and lifestyle consumption. The summit forum explored how traditional industries could adjust supply chains and develop services for older consumers, with particular attention to healthcare, elderly care, insurance and technology-enabled services.
Hong Kong’s wealth industry has entered the year with strong structural tailwinds. The city’s asset and wealth management business stood at more than HK$35 trillion at the end of 2024, with more than half of assets sourced from outside the mainland and Hong Kong. The number of single-family offices exceeded 3,380 by the end of 2025, up by about 680 from the end of 2023. Hong Kong has also overtaken Switzerland as the world’s largest cross-boundary wealth management centre, with cross-border wealth booked in the city reaching about $2.9 trillion in 2025.
That momentum is being matched by more intense competition and tighter compliance expectations. Banks and wealth managers are expanding advisory services, digital platforms and family-office offerings, but cross-border flows are facing closer scrutiny as authorities seek to ensure funds move through proper channels. The challenge for the city is to preserve its appeal to private clients while remaining aligned with broader policy priorities, including corporate treasury management, offshore renminbi use and regulated investment connectivity.
The expo’s workshops covered global fund and equity-market conditions, retirement wealth planning, emerging-market investment and multi-asset income strategies. One session examined renminbi assets and China’s equity and bond markets in the context of deeper economic links with ASEAN, the Global South and Belt and Road partner countries. Another looked at income opportunities across Asia-Pacific and emerging markets as investors reassess portfolios amid volatile global equity and bond markets.
The UK’s Cyber Monitoring Centre has warned universities and colleges to reassess cyber resilience after a breach at Canvas exposed student and staff data across about 160 higher education institutions while causing less financial disruption than feared. The assessment found that the incident fell below the threshold for a formal Category 1 national cyber event, which requires losses of at least £10m or an impact on more […]
HONG KONG SAR – Media OutReach Newswire – 27 June 2026 – The “Wealth Management Expo 2026”, powered by Bank of China (Hong Kong) (“BOCHK”) and organised by TVB under the theme of “Empowering Enterprises to Go Global, Pioneering the Blue Ocean of Silver Economy”, was successfully held today. The Expo featured top-tier financial experts and prominent figures for market pulse insights and visionary perspectives on the international landscape, the international use of RMB, enterprises going global, silver economy and wealth management.
The Expo was officiated by Mr. Michael WONG, GBS, JP, Acting Financial Secretary of the HKSAR Government; Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury of the HKSAR Government; and Mr. Stephen CHAN, Deputy Chief Executive of BOCHK. Mr. Christopher HUI also shared at the opening forum on how Hong Kong as a global offshore RMB hub supports enterprises in going global. Other attending guests included Dr. KO Wing Man, GBS, JP, Standing Committee of the National Committee of the CPPCC; Mr. SIU Sai Wo, General Manager (Business Operations) of TVB; and representatives from BOCHK.
Mr. Stephen CHAN, Deputy Chief Executive of BOCHK, said in his opening remarks, “This year marks the inaugural year of the nation’s 15th Five-Year Plan, which clearly supports Hong Kong in strengthening its role as an international asset and wealth management centre. Against this backdrop, Hong Kong, as a vital bridge between the Chinese Mainland and the rest of the world, is set to tap into an unprecedented opportunity for growth. Bank of China (Hong Kong) will actively align with national policies and the HKSAR Government’s direction by deepening its regional business development and promoting the international use of RMB, while continuing to fulfil its corporate social responsibilities, contributing to the consolidation of Hong Kong’s position as an international financial centre.”
Opening Forum: Experts Shared Insights on RMB Empowering Enterprises to Go Global
The opening forum of the Expo “New Opportunities in Global Wealth Investment: RMB Empowering Enterprises to Go Global” featured Mr. Christopher HUI, GBS, JP, Secretary for Financial Services and the Treasury, HKSAR Government; Mrs. Pauline NGAN, BBS, JP, Deputy Chairman and Managing Director of Mainland Headwear Holdings Limited, Member of the National Committee of the CPPCC; Mr. Sam YU, Chairman of Hong Kong Investment Funds Association; and Mr. Jack YANG, RMB Business Executive Director of BOCHK. They engaged in an in-depth discussion on the international market trends, enterprises going global and the international use of RMB, elaborating new investment opportunities.
Summit Forum: Decoding Silver Economy Opportunities and Industry Integration
The growing silver-haired population is driving demand across a range of areas, including health, lifestyle and wealth management. Held under the theme “Redefining Value in the Silver Age: Uncovering Blue Ocean Market Opportunities”, the summit forum featured Dr. KO Wing Man, GBS, JP, Standing Committee of the National Committee of the CPPCC; Mr. Angus CHAN, Director of Elderly Care Services of Chinachem Group; Mr. Terry WONG, Chief Executive Officer of Hong Kong Science and Technology Parks Corporation; and Mr. Wilson TANG, Chief Executive of BOC Group Life Assurance Company Limited. Drawing on a macro perspective on industry structure, the speakers analysed the business opportunities within the silver economy and explored how to drive supply chain transformation and integration across traditional industries such as healthcare and insurance, while offering a forward-looking view of the immense potential of this emerging market.
Thematic Workshops and Immersive Digital Experience Zone, Showcasing Comprehensive Wealth Growth Strategies
The Expo also held several thematic workshops, in which experts analysed prevailing topics, including global fund and equity market conditions, retirement wealth planning, and emerging markets, equipping clients with insights into wealth growth strategies. Two fund workshops focused respectively on emerging markets and global income opportunities. The first workshop, “Focusing on Emerging Value in Asia: Embarking on a New Chapter for RMB Assets and China’s Equity and Bond Markets”, examined how the Chinese Mainland’s deepening cooperation with ASEAN, the Global South, and Belt and Road Initiative partner countries is generating new investment opportunities in emerging markets. The workshop also offered an investment outlook of the implications of the National 15th Five-Year Plan and the shifting global landscape for RMB assets and the Chinese Mainland’s equity and bond markets. The second fund workshop, “Harnessing Multi-Asset Strategies to Capture Asia-Pacific Income Opportunities,” explored how investors should diversify asset portfolio amid heightened volatility in global equity and bond markets, while capturing income opportunities from Asia-Pacific and emerging markets.
The retirement planning workshop, “Forward-Looking Wealth Planning: Charting Your Own Path to a Premium Retirement”, addressed the retirement pain points commonly faced by Hong Kong residents, offering financial advice for the silver generation to build a solid safety net for themselves and their families. The equities workshop, “Navigating 2026: Decoding Stock Market Strategies”, dissected global equity market performance and explored how different financial products can be used to balance aggressive and defensive positioning to capture markets with growth potential. The wealth management workshop, “AI-led Future: Blue Ocean Opportunities in Southeast Asia and New Horizons for Enterprises Going Global”, examined the AI investment boom and analysed the unique edge of Hong Kong as a “super value-adder” for enterprises going global.
A 3D immersive digital experience zone highlighted BOCHK’s capabilities across its expansive network reach, anti-fraud education, professional services, digital innovation leadership and award-winning credentials.
BOCHK Private Wealth also officially unveiled its new Wealth+ service proposition at the event, expanding its scope beyond wealth management to encompass multi-dimension of clients’ lives, including lifestyle experiences, family financial planning and holistic well-being, with a commitment to addressing client’s unique and individual needs.
The “Wealth Management Expo 2026” concluded successfully with fruitful outcomes. Through a full day of engaging forums, workshops, digital experience zone and sponsored booths, industry professionals, investors and the public can gain insights into global opportunities, keep abreast of the latest development in the international use of RMB and the strategic advantages of enterprises going global, while capitalising on the diverse opportunities presented by the silver economy, and mastering financial management and wealth growth.
Hashtag: #WealthManagementExpo2026
The issuer is solely responsible for the content of this announcement.
There is a particular kind of conversation happening in Munich, Vienna, and Zurich right now. A founder runs the numbers on another year of operating at home, looks at the tax line, the energy bill, and the months lost to permits and paperwork, and starts asking a question that would have seemed exotic a decade ago: what would it actually take to run this from Dubai? In […]
By K Raveendran India’s decision to initiate an anti-dumping investigation into cheap steel imports marks more than another defensive trade action. It is a reminder that globalisation, which New Delhi has often invoked when Indian exports face barriers abroad, becomes far more complicated when the pressure arrives at home. The steel case has exposed the […]
The article Steel Exposes Hard Limits Of Much-Vaunted Free Trade Piety appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Exclusive Broker incentives and client benefits await at Floarea Skies, Floarea Breeze & Floarea Oasis – Register Now Before the Seats Run Out. Golden Bridge Real Estate is proud to present Mashriq Elite Developments Biggest Summer Offer Reveal – a special event bringing together three of Dubai’s most exciting residential projects under one roof, with great rewards for brokers and investors throughout July 2026. Mashriq Elite Developments […]
Dubai Holding is weighing an investment in Hscale, the Bain Capital-backed data centre builder, as the Dubai investment group looks to expand its European portfolio at a time when artificial intelligence and cloud computing are reshaping demand for digital infrastructure. The group is working with a financial adviser on a possible transaction, while Bain Capital seeks additional capital to accelerate Hscale’s build-out across Europe, the Middle East […]
Arabian Post Staff -Dubai UAE authorities confirmed there was no security threat after an emergency missile warning was pushed to mobile phones across the country on Friday evening and withdrawn within minutes, briefly unsettling residents before officials traced the episode to a technical malfunction in the national early warning system. The first message, sent at about 5.17pm on June 26, warned of “potential missile threats” and instructed […]
DUBAI – The Gulf region continues to rank among the world’s most dynamic destinations for tourism and hospitality investment. Against this backdrop, Christopher Aleo, Chief Executive Officer of iSwiss Hedge Fund, has announced a significant new project in the Sultanate of Oman. The New York-headquartered investment fund, active in real estate, infrastructure and international tourism, has confirmed a major investment in Salalah, located in Oman’s Dhofar Governorate. […]
Throughout the quarter, OTC & Partners advised on a diverse portfolio of cross-border transactions and strategic initiatives, reinforcing its capability to manage intricate legal workstreams across multiple legal systems while maintaining a commercially focused approach. Among the highlights, the firm acted on a cross-border merger and acquisition involving leading cryptocurrency businesses. The mandate required coordination of multi-jurisdictional legal streams, alongside the alignment of transaction documentation with post-completion […]
The residency-by-investment landscape looks very different in 2026 than it did just a few years ago.[/caption] Across the world, governments have tightened eligibility requirements, increased investment thresholds and, in some cases, closed popular investment routes altogether. At the same time, investor priorities have evolved. Rather than simply looking for a residence permit, families are increasingly asking a broader question: Which country offers the best long-term opportunities for […]
Global Industry Leaders Convene, Charting a New Chapter for the Intelligent Era
Liu Ying, Executive Vice President of China Telecom, stated in her speech that China Telecom closely align with the high-quality joint construction of the Belt and Road Initiative, promoting the deep integration of mature domestic technological capabilities with global cloud and network resources, and steadily enhancing its international operational strength. Through continuous cultivation, China Telecom has built an AI Token international operation capability system, consolidating the foundation for expanding the global market and deepening ecosystem cooperation. Based on the new stage of the AI Token era, China Telecom is committed to leveraging Token operations as a bond to share the new global computing network, co-create a new paradigm of AI services, jointly govern the new cross-border compliance order, and collectively embrace the new value of the digital intelligence wave.
OneGrowth 2026, Upgraded, Annual Milestones Revisited
At the conference, China Telecom Global (CTG) officially launched the AI-powered and upgraded OneGrowth 2026 Global Cooperation Initiative. This upgrade centers on the three core dimensions of capabilities, applications, and cooperation. Leveraging on the AI Token empowerment system, it accelerates the standardization, commercialization, and global promotion of core AI capabilities.
Looking back at the past year, the key cooperation achievements of the China Telecom OneGrowth blueprint have gradually been put into practice. The “main artery” of the computing power network is smoother, the “2+5+X” global AIDC layout is accelerating, the ALC international submarine cable successfully landed in Hong Kong, and international submarine and terrestrial cables have increased to 185, with a capacity exceeding 304T. The “new engine” of platform capabilities is fully activated; the all-scenario Vision Network platform “OmanEye” officially commenced commercial trial provisioning, the International Seelink Vison Network Platform successfully put into service, and the global traffic platform operation has cumulatively served millions of customers. Four lightweight quantum products, including eSurfing Quantum Secret, took the lead in landing in the Asia-Pacific region. The “experimental field” of industry applications landed at scale; the Satellite Direct-to-PhoneService successfully landed in Hong Kong and Laos, and the global Internet of Vehicles (IoV) “One Card” capability covers more than 230 countries and regions. The “ecosystem” of cloud-intelligence integration continues to prosper, connecting to over 300 mainstream large models via more than 230 global cloud nodes.
United Through Tokens, Cultivared the AI Ecosystem
China Telecom comprehensively implementing the corporate strategy “Cloudification, Digital Transformation, and AI for good” and actively promotes Token-based operations, sincerely inviting global partners to activate the infinite potential of AI Tokens jointly defining a brand-new map for the intelligent era with OneGrowth initiative.
1. Capabilities Fully Upgraded, Building a “Five-in-One” Token Operation System
China Telecom deepens the “Five-in-One” Intelligent Cloud System, builds an “L-shaped” capability layout, and continuously enhances capabilities in compute, platforms, data, models, and applications, externally launching a one-stop comprehensive Token service platform—XINGCHEN TokenHub.
The Xingchen Super Intelligent Agent TeleAgent enables one-click access to mainstream global large models, creating a lightweight and highly efficient AI Token experience for various customers. The platform provides large model access and public cloud cooperation for leading customers in the industry, and providing standard and customized packages for SME customers in subdivided industries, achieving full-chain value management of “Production—Orchestration & Distribution—Application.”
2. Layout of Four AI Sectors, Building a Token Value Community
Building on the comprehensive layout of four core AI business sectors, and simultaneously opening up all platform resources of XINGCHEN TokenHub, differentiated cooperation schemes are launched for each track, joining hands with global partners to build a Token value community.
AI+ New Connectivity:
With cloud-network integration and computing-network unity as its foundation, and relying on intelligent dedicated lines, it achieves one-point cloud access, proximate high-speed connection, and ubiquitous coverage, providing low-latency, highly stable compute-network support for the high-speed flow of Tokens. It can provide partners with full-process services from technology to deployment, realizing intelligent connections that are manageable, controllable, and security-compliant.
AI+ Vision Network:
Jointly building an open and collaborative vision network platform with 30+ global partners. The international visual platform has deployed across multiple sites in Oman, the UAE, and the Asia-Pacific region, boasting over 10 landing scenarios. Driven by the twin engines of “platform + terminal” and “standards + operations”, creating a Token operation gateway to support overseas operators in achieving breakthrough growth and value-driven operations.
AI+ IoT:
Empowered by mature eSIM technology and an AI+ unified management platform, the business covers 230+ countries and regions, accumulating overseas service cases from 30+ leading automotive enterprises. The cooperation model has upgraded to a joint-operation framework, providing DMP platform customization, joint laboratory R&D, AIoT operation upgrades, and automotive industry eco-partnerships to enhance global user experience.
AI+ Digital Life:
Building the core AI entrance for families based on “one all-optical network, one intelligent cloud, and one Better Home.” It empowers externally by leveraging mature domestic experiences of 290 million users of Xiao Yi Guan Jia (Wing Butler) and 580 million ubiquitous smart terminal connections. Centering on overseas market demands, it opens up international cooperation for core products such as the eSurfing Smart Screen and eSurfing Cloud Drive, together with partners explore brand-new business models and empower global smart families.
Alliance Inaugurated, Consolidating the Foundation for Intelligent Upgrades
During the conference, the AI Token Global Service Ecosystem Alliance was officially inaugurated. Co-initiated by leading enterprises in domestic and overseas computing power supply, large model R&D, and vertical industry applications, the alliance is dedicated to unblocking the full-link synergy of AI Tokens from production and scheduling to application and monetization, jointly building an open, interoperable, and value-sharing globalized AI comprehensive service network to provide a solid foundation for the intelligent upgrade of global industries.
Outstanding Partners Honored, Embarking on a New Journey Together
The conference concluded with an awards ceremony. China Telecom presented the OneGrowth Best Innovative Carrier Partner, OneGrowth Best Product Innovative Partner, OneGrowth Best Strategic Partner, and OneGrowth Best Benchmark Partnership to partners who have shown outstanding performance in global cooperation. This accolades recognize partners walking alongside China Telecom, synergizing deeply in industrial layout planning, tackling cutting-edge technologies, and expanding overseas markets, thereby gathering industrial synergy to consolidate the foundation for digital industry development and jointly boosting the global digital intelligent transformation process.
This conference marks the strategic progression of the OneGrowth Global Cooperation Initiative from ecosystem construction to deep cultivation of sub-tracks. China Telecom will continue to leverage its unique advantages of cloud-network integration and broad cross-border coverage, upholding the core cooperation philosophy of “Co-Creation, Sharing, Co-Governance, and Win-Win.” By building a computing power foundation, expanding the cloud-network backbone, innovating the intelligent core, and gathering ecological synergy, it will make AI Tokens the universal value carrier connecting the global intelligent ecosystem, continuously contributing China Telecom’s strength to building a smarter, safer, and more inclusive global digital industry ecosystem.
Hashtag: #ChinaTelecom
The issuer is solely responsible for the content of this announcement.
During the reception, Invest Hong Kong (InvestHK), the government’s investment promotion agency, announced impressive results for the first half of 2026, revealing that these enterprises are expected to bring in over HK$53 billion (US$6.8 billion) in foreign direct investment and create over 8,600 new jobs for Hong Kong.
Speaking at the reception, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), said Hong Kong is one of the best places in the world to do business, being ranked as the world’s freest economy by the Fraser Institute and the second most competitive economy according to the latest IMD World Competitiveness Yearbook.
“In choosing Hong Kong for your Asian and global business expansion, you share my belief in Hong Kong’s flourishing future,” Mr Lee said. “You have made a wise choice. Hong Kong is one of the world’s best economies to do business in and with.”
Under the “one country, two systems” principle, Hong Kong possesses the distinctive advantages of enjoying strong support from the country (China) and being closely connected to the world. The city offers an open and business-friendly environment, a simple and low tax regime, and a common law system that seamlessly connects with global financial centres.
Austria-based transport and logistics firm Gebrüder Weiss recently upgraded its Hong Kong office to become regional headquarters in East Asia and Oceania. Its Regional Director East Asia/Oceania, Michael Zankel, said of Hong Kong, “The business environment is great, you have a lot of talent around here to employ. It has always been the gateway to the Chinese Mainland but for us it is more a gateway to Asia.”
According to Merwann Younes, Global Head of Hospitality & Lifestyle Channels for Italian company Moleskine, Hong Kong is a “a very dynamic and creative city, which are also the core values for Moleskine as a brand.”
Etienne Dubois, Chief Strategy Officer, Unlimitics, which has developed an AI-powered school simulation game designed for neurodivergent children, said Hong Kong is a good place for start-up entrepreneurs like himself. “It is a very good melting pot for talent and opportunities and for growth,” he said.
Expanding on its first half results for 2026, InvestHK announced that its number of completed projects had increased 9% compared to the same period in 2025, while anticipated direct investment was up 36% and new jobs created rose 6% year-on-year.
In terms of place of origin of the 413 enterprises, 246 came from the Chinese Mainland, followed by Singapore (26), the United States (21), the United Kingdom (18), France (11) and Italy (11).
The top five sectors are innovation and technology (93), financial services and fintech (89), tourism and hospitality (55), transport, logistics and industrials (44), and business and professional services (39).
Looking ahead, Mr Lee said the HKSAR Government was expediting development of the Northern Metropolis, a new economic engine destined to rise as an international I&T and business hub.
“This will unlock abundant opportunities and shape a prosperous future for Hong Kong,” Mr Lee said, adding that the HKSAR Government is creating Hong Kong’s first Five-Year Plan, a strategic blueprint that will focus on long-term economic momentum, advancing technology and improving livelihoods.
Investment promotion results of InvestHK for the first half of 2026 are available at: https://gia.info.gov.hk/general/202606/25/P2026062500366_548202_1_1782386859629.pdf
Hashtag: #hongkong #brandhongkong #asiasworldcity #investhk #business #investment
https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
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The issuer is solely responsible for the content of this announcement.
Dubai’s financial regulator recorded another year of strong licensing activity in 2025, as the emirate’s financial centre crossed 1,000 regulated entities and Dubai rose to seventh place in the Global Financial Centres Index, its highest position to date. The Dubai Financial Services Authority licensed and registered 182 new firms during the year, a 16 per cent increase on 2024, taking the total number of regulated entities in […]
Varenne Capital Partners has opened a Dubai International Financial Centre office, giving the Paris-based investment manager a regulated foothold in the Emirates as global asset managers deepen their presence in the Gulf’s expanding financial hub. The new entity, Varenne Capital Ltd, is a wholly owned UAE subsidiary regulated by the Dubai Financial Services Authority. The move marks the firm’s first regional base after building its business across […]
Arabian Post Staff -Dubai Energy and commodity prices have retreated after the US-Iran agreement to halt hostilities and reopen the Strait of Hormuz, but the International Monetary Fund has warned that Gulf trade and price stability will not return immediately. IMF spokesperson Julie Kozack said in Washington that the Fund had observed a fall in energy, fertiliser and base metal prices after shipments from Gulf countries began […]
Cybersecurity researchers have shown that popular AI-powered browsers can be manipulated into leaking credentials after being drawn into a fabricated game scenario, raising fresh concerns over the security of agentic web tools that operate inside authenticated user sessions. The technique, named BioShocking by LayerX Security, was tested against five agentic browsers and one browser-based AI plugin: ChatGPT Atlas, Perplexity Comet, Fellou, Genspark Browser, Sigma Browser and Anthropic’s […]
Avalanche has launched the Avalanche Payments Collective, bringing together 28 financial and technology groups including VanEck, Franklin Templeton, Anchorage Digital and Paxos in a push to build blockchain-based infrastructure for global payments, treasury management and settlement. The initiative, unveiled on Thursday, is designed to consolidate a payments ecosystem around Avalanche’s blockchain network, covering stablecoins, custody, foreign exchange, card issuance, business payments, asset management, global payouts and on-chain […]
Dubai will host the second edition of the World Sports Summit on 28 and 29 December 2026, bringing together leading athletes, administrators, investors and decision-makers for a two-day forum aimed at shaping the next phase of the global sports industry. The event will be held under the patronage of H. H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister […]
HONG KONG SAR – Media OutReach Newswire – 25 June 2026 – Pulsar, a leading global mobile satellite service provider, announced an agreement with Amazon Leo, Amazon’s low Earth orbit satellite network. Under the agreement, Pulsar will serve as an authorized reseller, bringing high-performance satellite internet to maritime customers. As the first authorized reseller that has an office in Hong Kong, Pulsar will provide prompt customer support with regional expertise.
The agreement combines Amazon’s next-generation satellite technology, powered by a constellation of thousands of satellites with Pulsar’s global experience in providing mobile satellite services, enabling reliable connectivity for maritime customers operating globally in the commercial maritime industries. Amazon Leo is Amazon’s low Earth orbit satellite network, designed to provide fast, reliable satellite connectivity to customers beyond the reach of traditional networks.
“Amazon Leo will power the adoption of connected ship operations for fleet managers, the adoption of digital solutions such as optimized routing and navigation for lower cost and safer voyages, and aid crew retention through enhanced crew welfare applications,” said Robert Sakker, President & CEO of Pulsar. “High bandwidth, low latency communication solution from Amazon Leo, used together with AWS global infrastructure, will enable Pulsar to not only drive the adoption of the digital ship, but also to ensure cyber-security, giving fleet managers the confidence to move from connectivity to fully remote operations.”
Amazon Leo is designed to meet the demanding performance, reliability, and security requirements of business customers worldwide. The system provides lower latency, higher bandwidth, and broader coverage than traditional satellite solutions, enabling real-time applications, remote operations, and hybrid network architectures.
Customers will connect to the network using one of several compact, high-performance antennas: Leo Pro and Leo Ultra. Leo Ultra is the most powerful model in the line, capable of delivering download speeds of up to 1 Gbps and upload speeds of up to 400 Mbps—capacity that supports demanding enterprise applications.
Serving key industries across the globe, Pulsar will offer Amazon Leo as part of its portfolio of communications, digital solutions, cyber-security, and crew welfare applications, tailored to the needs of the industries it supports, including various maritime customers operating in remote waters.
“We are very excited to be partnering with Amazon Leo to strengthen Pulsar’s portfolio of maritime focused products, services and solutions,” added Sakker. “Amazon Leo will accelerate Pulsar’s expansion of the fleets it services, helping Pulsar’s continued growth as a leader in the global maritime sector.”
Hashtag: #AmazonLeo #PulsarInternational #PulsarBeyond #SatelliteConnectivity #SatelliteNetwork #LEOSatellite
https://www.pulsarbeyond.com/https://www.linkedin.com/company/pulsarbeyond/https://www.facebook.com/pulsarbeyond/
The issuer is solely responsible for the content of this announcement.
Pulsar International (“Pulsar”) is a leading provider of satellite communications products and services, offering voice, data, and IoT solutions to customers in commercial maritime, Agri-tech, enterprise, and government markets. Pulsar operates across the globe, with offices located in North America, Latin America, Europe, Middle East, and Asia Pacific. Its global headquarters is in Hollywood, FL, USA. For more information about Pulsar and how we can transform your connectivity and end-to-end solutions beyond the ordinary, visit www.pulsarbeyond.com.
