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Australia’s unemployment rate held at 4.3% in March, defying a widening energy shock from the US-Israeli war on Iran and underscoring the resilience of a labour market that has so far remained tighter than many economists expected. Official figures showed employment rose by about 18,000 over the month, led by a sharp lift in full-time work, even as participation edged lower and policymakers faced a more complicated […]

  A digitally signed software operation tied to Dragon Boss Solutions LLC has been linked to the disabling of antivirus protections on more than 23,000 endpoints worldwide, raising concerns that what had been treated as aggressive adware was operating much closer to a supply-chain style threat. Security researchers said infected machines were found checking in from 124 countries, with affected systems present in education, government, utilities, healthcare […]

More than 30 WordPress plugins tied to the developer Essential Plugin were taken offline after a hidden backdoor was found in code distributed to live websites, exposing site owners to unauthorised access, malware installation and search-spam abuse. The campaign, traced by security researchers to code inserted in August 2025 and activated in April 2026, is being treated as a serious software supply-chain breach rather than an ordinary […]

Google has issued an emergency-style security update for Chrome after disclosing 31 vulnerabilities in the desktop browser, including five rated critical, in a release that underlines how quickly memory-safety flaws in widely used software can become a serious risk for consumers, businesses and public institutions. The stable desktop channel moved on April 15 to version 147.0.7727.101/102 for Windows and Mac, and 147.0.7727.101 for Linux, with the rollout […]

Arabian Post Staff -Dubai Marine fuel sales at Fujairah fell to a record low in March as the US-Iran conflict upended shipping patterns, strained fuel supply chains and pushed vessels to avoid one of the Gulf’s most important refuelling hubs. Data cited by traders and market reports showed sales at the port dropped to 158,852 cubic metres, down more than 70 per cent from February and from […]

New Delhi is treating the fallout from the Iran war as more than a passing oil shock, with the strain spreading from shipping lanes and fertiliser markets to trade flows and inflation risks. The concern inside government and industry is that even if fighting eases, higher freight, insurance and input costs could leave a long tail for an economy that still depends heavily on imported energy and exposed maritime routes.

Pressure on the economy is already visible in trade and commodity data. Merchandise trade with the Middle East has been hit by shipping disruption linked to the conflict, even as stronger exports to the United States helped keep March’s overall trade deficit lower than expected. At the same time, the fertiliser bill has jumped sharply: urea import offers to Indian Potash Ltd clustered near $1,000 a tonne this week, roughly double the level seen two months ago, raising the prospect of a larger subsidy burden just as the kharif cycle approaches. For policymakers, that combination matters because it hits both external accounts and domestic costs, especially in food production.

Energy remains the central fault line. The Strait of Hormuz handles about a fifth of global oil and gas shipments, and for India it is a vital corridor for roughly half of crude and LPG imports. That vulnerability has been laid bare by delays to vessel movements and the stranding of India-flagged ships in the Gulf. Iran’s envoy in New Delhi has denied any toll demand on tankers, and India has also said no such payments were made, but the broader message from the episode is that the route can no longer be treated as a routine artery for commerce when conflict risk is this high.

Oil traders have taken some comfort from ceasefire diplomacy and indirect talks between Washington and Tehran, yet prices remain elevated because markets do not believe a durable fix is close. Brent crude was still around $95 a barrel on April 16, and analysts say disruptions to flows through Hormuz remain severe. That leaves New Delhi facing a familiar but uncomfortable calculation: protect households from a fuel shock and risk wider fiscal stress, or let higher import costs work their way through the system and accept stronger inflation. The International Monetary Fund and World Bank have both warned that the conflict could scar global growth, raise prices and impose lasting damage even if the battlefield quietens.

Those warnings matter because the shock is broader than petrol and diesel. Wholesale prices are already climbing, and manufacturers are absorbing costlier freight, energy and feedstock. Fertiliser is a particular worry. If elevated urea prices persist, the state may have to spend more to shield farmers, while any squeeze on supply would carry risks for sowing costs and food inflation later in the year. Economists have argued for targeted support rather than broad subsidies, but that is easier said than done in a country where energy and fertiliser costs have immediate political as well as economic consequences.

There are, however, offsets that could soften the blow. March trade numbers showed that stronger shipments to the United States helped compensate for weaker business with the Middle East, and India continues to diversify its energy basket through Russian supplies and other alternatives where pricing works in its favour. A sanctioned LNG cargo from Russia is heading to Dahej, underlining the government’s willingness to prioritise supply security and consumer interests over diplomatic noise around purchasing patterns. That flexibility has given India more room than many pure importers, though it does not erase the strategic dependence on Gulf routes.

Arabian Post Staff -Dubai UAE investors are moving faster than their peers almost anywhere in the world to bring artificial intelligence into investment decision-making, with a new global study by wealth-tech firm BridgeWise placing the country second overall in its AI optimism rankings and first on “momentum”, a measure of how strongly investors intend to replace traditional research methods with AI tools over the next year. The […]

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TAIPEI, TAIWAN – Media OutReach Newswire – 16 April 2026 – The Asian Sports and Leisure Online Exhibition 2026 (ASLE 2026) will officially open on April 16, 2026, offering global buyers a one-stop sourcing platform to connect with verified Asian suppliers across the sports, fitness, and leisure industries. Running until August 31, 2026, the exhibition adopts a hybrid online and offline integration model, providing nearly five months of continuous sourcing opportunities and business engagement.

新聞稿圖片 en 1200x628 (7)

The exhibition focuses on connecting Asian suppliers with global importers and exporters, streamlining cross-border procurement processes, enhancing supply-demand matching efficiency, and enabling businesses to expand into international markets more effectively.

Since its debut in 2022, ASLE, co-organized by AsianNet and TradeAsia (www.e-tradeasia.com), has consistently attracted high-quality international buyers. With strong performance in precise matchmaking, inquiry conversion, and actual order generation, it has become one of Asia’s most representative online B2B trade exhibitions.

Global Exhibition Synergy and Expanded Scale

The 2026 edition will feature a significant scale upgrade and run concurrently with several leading international exhibitions, including the FIBO Germany International Fitness and Wellness Expo, Techtextil Frankfurt, the Outdoor Retailer and Outdoor Design and Innovation Expo in the USA, ISPO USA, and the India International Sports Goods Expo.

By aligning with global exhibition schedules and integrating cross-platform resources, ASLE 2026 consolidates international buyer traffic and enables procurement professionals to efficiently complete supplier selection, product comparison, and sourcing decisions. This approach significantly shortens decision-making cycles and improves procurement accuracy.

Centered on high-efficiency matching, targeted traffic, and conversion-driven results, the exhibition establishes a comprehensive B2B business connection ecosystem. It enhances exhibitors’ global exposure, improves inquiry quality, and effectively drives order conversion and market expansion.

Showcasing Verified Suppliers and Diverse Product Categories

ASLE 2026 will feature a strong lineup of leading Asian manufacturers, demonstrating the depth and innovation of the region’s sports and leisure industry. Participating companies include JIH KAO ENTERPRISE, FLYWELL INTERNATIONAL, YI CHI HSIUNG, and HSIN HAO HEALTH MATERIALS.

These suppliers will showcase a wide range of products, including fitness equipment, sports gear, functional textiles, outdoor and camping products, and health-related solutions, providing buyers with diverse sourcing options across multiple categories.

ASLE 2026 highlights core sports categories such as Sports and Game Equipment, Sport Ball Equipment and Gear, Fitness and Body Building, Skateboarding and Skating Equipment, and Water Sports Equipment and Supply. The exhibition also features sports accessories, sportswear, and technical textiles, as well as lifestyle segments including Outdoor and Camping Recreation, Sporting and Travel Goods, and Indoor Games and Leisure. Health and Wellness and health food products further extend the exhibition’s cross-industry integration.

By integrating technological innovation with practical applications, ASLE 2026 provides a high-efficiency B2B sourcing environment that enables global buyers and industry partners to expand markets, accelerate procurement decisions, and establish long-term business relationships.

Digital Features Enhancing Efficient Sourcing

The Asian Sports and Leisure Online Exhibition 2026 introduces a range of advanced digital features, including dedicated exhibitor pages, e-catalogs, and integrated online exhibition interfaces. Fully integrated with the TradeAsia platform, these tools significantly enhance supplier visibility and maximize sourcing efficiency.

In addition, the exhibition incorporates an efficient business matching mechanism, enabling buyers to quickly identify suitable suppliers based on their sourcing needs. International buyers can access the exhibition anytime, explore detailed supplier information, and utilize online inquiry functions to accelerate procurement decision-making.

This hybrid model effectively eliminates time and geographical barriers while delivering a cost-efficient and results-driven global sourcing experience.

Start Sourcing Now

Explore suppliers, discover products, and send inquiries directly through the official exhibition platform:
https://www.e-tradeasia.com/online-show/44/Asian-Sports-and-Leisure-Online-Exhibition-2026.html

Hashtag: #TradeAsia

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

About TradeAsia

TradeAsia () is a leading B2B international trade platform dedicated to delivering high-efficiency, conversion-driven business matching services. The platform connects millions of members, over 600,000 suppliers, and extensive up-to-date product listings, forming a highly active global supply-demand network.

In addition, TradeAsia has established strategic partnerships with hundreds of trade organizations and exhibition entities worldwide, integrating both online and offline marketing resources to maximize international exposure. Exhibitors benefit from stable, high-quality buyer traffic and expanded global reach, enhancing brand visibility and increasing conversion opportunities.

By Nitya Chakraborty President Donald Trump as usual has been talking in conflicting voices on his immediate stand on Iran war. The U.S. President ordered naval blockade of Iranian ports after the failure of the Islamabad peace talks on Sunday but on Tuesday, he indicated that another round of talks would be held in the […]

The article Trump Can’t Afford Escalation Of US War With Iran At The Moment appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Regulatory milestone paves the way for launch of Aspire Yield, enabling businesses to earn attractive returns on idle cash balances

HONG KONG SAR – Media OutReach Newswire – 15 April 2026 – Aspire, the finance stack for global founders, today announced that its subsidiary, AFT HK Treasury Limited, has been granted Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management) licences by the Securities and Futures Commission (SFC) of Hong Kong.

Aspire Secures Securities and Asset Management Licences from Hong Kong’s Securities and Futures Commission

The licence marks a significant milestone in the company’s expansion of financial services in Hong Kong, paving the way for the upcoming launch of Aspire Yield, an investment product designed to help businesses earn returns on their idle cash. Specifically, businesses in Hong Kong will be able to:
  • Maximise returns – Earn yield on idle multi-currency balances through investments in highly rated, professional-grade money market funds.
  • Maintain liquidity – Access funds without the rigid lock-up periods typically associated with traditional fixed deposits.
  • Zero barriers to entry – With no minimum investment requirements, businesses can start with any amount.
Aspire Yield was first introduced in Singapore in August 2025 and has since added more than US $5 million in AUM each week.

“This licence allows us to tackle long-standing treasury challenges where competitive investment options have often been out of reach for smaller businesses, requiring large minimum balances, manual cash management, and complex banking relationships that typically favour larger corporations,” said Andrea Baronchelli, co-founder and CEO of Aspire. “Businesses need their capital to work harder, but they also need immediate access when opportunities or challenges arise – we want to make every dollar more productive.”

Hong Kong has quickly emerged as one of Aspire’s fastest-growing markets. Over the past year, the company has recorded 3.3X growth in the city, driven by strong adoption among startups and digitally native businesses operating across multiple markets.

Businesses interested in Aspire Yield can learn more here: https://aspireapp.com/hk/yield.

Hashtag: #Aspire

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

About Aspire

Aspire is the all-in-one finance platform for modern businesses globally, which has helped over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions – accessible via a single, user-friendly account. Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets, and is backed by global top-tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent, and PayPal.

Singapore leads the region in maturity but faces critical scaling bottlenecks.

SINGAPORE – Media OutReach Newswire – 15 April 2026 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre colocation service providers headquartered in Singapore, today announced the findings of a new regional research study, Mind the Gap: Bridging the AI Infrastructure Readiness Divide, examining how organisations across Asia are progressing from AI ambition to execution. Commissioned by STT GDC with research partner Ecosystm, the study surveyed more than 600 enterprise and digital-native leaders across nine Asian markets: India, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand and Vietnam.

High adoption, limited readiness across Asia

The report reveals that AI ambition across Asia is high, with nearly 90% of organisations having embarked on their AI journeys. However, a significant 71% remain in the “Builder” stage of maturity, where initial AI pilots struggle to scale into production environments capable of delivering consistent and measurable return on investment (ROI). In contrast, only 17% of organisations are considered “future ready”, having invested in scalable infrastructure, mature data governance and specialised operational expertise, highlighting a widening readiness gap across the region.

Challenges faced by the Builders

Across Asia, the research identifies a reinforcing cycle that keeps many organisations stuck in pilot mode. AI initiatives are often launched on infrastructure that cannot scale to production, limiting their ability to demonstrate measurable ROI and making it harder to justify further investment in purpose-built, high-density environments. This challenge is compounded by gaps in in-house expertise, with many organisations lacking the specialist operational skills required to manage increasingly complex AI infrastructure at scale.

“Across Asia, organisations are moving quickly from experimentation to implementation, but many are discovering that AI success now depends less on training models and more on foundations,” said Chris Street, Group Chief Revenue Officer of ST Telemedia Global Data Centres. “Without scalable infrastructure and operational readiness in place, it becomes difficult to convert early AI ambition into consistent business value.”

The Sustainability Blind Spot

Despite rising energy and cooling demands driven by AI workloads, sustainability considerations remain secondary for most organisations when evaluating infrastructure options. Although 27% of organisations say ESG goals will actively shape or be central to their future plans, 64% of organisations across Asia continue to prioritise performance or cost, even as power density, thermal efficiency and long‑term total cost of ownership become increasingly critical factors in scaling AI responsibly.

A disconnect between what organisations want and what they need

The study also highlights a persistent disconnect between how organisations evaluate infrastructure partners and the capabilities they actually need to scale AI. Across Asia, organisations continue to prioritise baseline requirements like security and reliability, despite identifying operational expertise, scalability and cost efficiency as their most significant challenges.

Singapore: ahead of the region, but facing a new constraint

These challenges are visible across the region, but they manifest differently in more mature markets. Singapore stands out against the regional baseline with a significantly larger share of organisations having progressed beyond early-stage pilots. While only 17% of organisations across Asia are considered future‑ready, 40% of Singapore organisations have reached the Integrator stage, reflecting stronger early execution and deployment capability.

However, the study also finds that the final step to leadership remains the most difficult. Only 3% of Singapore organisations have reached the “Leader” stage of AI infrastructure maturity, signalling that even in Asia’s most mature AI market, the transition from integration to full leadership remains difficult.

Scaling, not adoption, is now the key challenge

In Singapore, where adoption is more advanced, the constraints have shifted. Limited infrastructure headroom, shortages in specialised operational expertise and continued investment discipline are now emerging as the primary barriers to scaling AI workloads and sustaining leadership.

“For Singapore, AI adoption is relatively mature; the defining challenge now is scaling deployments fast enough to support real‑world demand,” said Mingcheng Lim, Country Head – Singapore, ST Telemedia Global Data Centres. “Whether the country can maintain its lead in the region will depend on whether infrastructure capacity, specialist expertise and investment approaches can evolve at the same pace as AI workloads.”

Sustainability awareness has yet to shape infrastructure choices

In Singapore, regulatory expectations have driven relatively high awareness of sustainability issues. However, sustainability continues to rank among the lowest priorities when organisations evaluate infrastructure providers, highlighting a gap between awareness and action, even as power density, thermal efficiency and long‑term cost efficiency become increasingly important to scaling AI responsibly.

The mismatch between wants and needs persists

As with the wider region, Singapore organisations continue to evaluate infrastructure providers based on familiar baseline criteria, even as their scaling challenges point to a growing need for specialist expertise, speed to scale and sustainable, high‑density infrastructure capability.

These findings suggest that Asia’s next phase of AI progress will be defined not by ambition alone, but by execution capability. For Singapore, sustaining regional leadership will depend on infrastructure strategies that support scale, resilience and speed, enabling organisations to convert early AI momentum into enduring competitive advantage.

To download the report, Mind the Gap: Bridging the AI Infrastructure Readiness Divide, please visit: https://www.sttelemediagdc.com/resources/ai-readiness-assessment-report.Hashtag: #STTelemedia #STTGDC

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

About ST Telemedia Global Data Centres

ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, India, Italy, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit.

Goldman Sachs has moved further into digital assets with a filing for the Goldman Sachs Bitcoin Premium Income ETF, a proposed fund designed to give investors exposure to bitcoin-linked products while generating income by selling call options. The preliminary prospectus was filed with the US Securities and Exchange Commission on April 14, and sets out a strategy aimed at current income alongside capital appreciation rather than a […]

Reserve Bank officials have opened discussions with commercial lenders on how to attract larger and more stable deposits, as the banking system grapples with a widening mismatch between loan growth and deposit mobilisation. The push comes as households channel a bigger share of savings into equities and mutual funds, leaving banks under pressure to compete harder for retail money and rely more on costlier wholesale funding.

The backdrop is a funding strain that has become harder for lenders to ignore. Data cited in market reports show credit growth has continued to outpace deposit growth, with loans rising 14.5% year on year as of late February against deposit growth of 11.9%. By mid-March, the system credit-deposit ratio had climbed above 83%, a level analysts describe as historically stretched, underscoring how aggressively banks have had to deploy funds to sustain lending across retail, corporate and small business segments.

That imbalance is feeding directly into banks’ funding costs. Lenders have increasingly turned to certificates of deposit, a short-term market instrument used to raise money from institutional investors, because traditional deposit inflows have not kept pace with credit demand. Reuters reported that outstanding certificates of deposit had risen to a record 6.64 trillion rupees by February 28, while the premium banks were paying over comparable treasury bill yields had widened to levels last seen during the Covid-era funding stress of 2020.

Senior bankers have acknowledged the pressure. Indian Bank managing director and chief executive Binod Kumar told Reuters that some lenders had already raised fixed deposit rates, but that strong credit growth meant funding pressure was likely to persist. That suggests the central bank’s consultations are not merely precautionary; they reflect a structural concern inside the financial system over the quality and stability of bank liabilities, especially at a time when competition for household savings is no longer confined to rival banks.

A key reason lies outside the banking sector. The Economic Survey for 2025-26 said the share of equity and mutual funds in annual household financial savings had risen from about 2% in FY12 to more than 15.2% in FY25, a sharp reallocation that captures how retail investors are moving towards market-linked products. The same survey said individual investors’ share in equity ownership had reached 18.8% by September 2025, while household equity wealth had expanded by about 53 lakh crore rupees between April 2020 and September 2025.

That shift has continued into this year. Reuters reported that inflows into equity mutual funds rose 56% in March to 404.5 billion rupees, the highest in eight months, while monthly SIP contributions climbed to a record near 321 billion rupees. Data published by the Association of Mutual Funds in India separately showed total SIP collections of 32,087 crore rupees in March. Together, those figures point to a household investor base that remains willing to keep allocating money to market instruments even during volatile trading conditions.

For banks, the result is a more expensive contest for deposits. Lenders have already been raising term deposit rates in pockets of the market, particularly where they need to defend margins or maintain funding for loan books growing faster than system averages. Yet higher deposit rates carry their own cost, squeezing net interest margins at a time when analysts are already warning that wholesale funding dependence and tighter liability conditions could drag on profitability.

The RBI is trying to contain the wider liquidity effects while keeping monetary transmission orderly. In its April monetary policy communication, the central bank said it wanted the weighted average call rate, its operative rate, to stay close to the 5.25% repo rate. It indicated that maintaining liquidity surplus in a range of 0.6% to 1.1% of deposits would help keep the spread between the call rate and the policy rate within 5 to 10 basis points. Banking system liquidity surplus has already risen above 4 trillion rupees this month, giving lenders some immediate relief even as the deeper deposit challenge remains unresolved.

First-ever joint campaign for credit card unlocks enhanced digital investment solutions and exclusive lifestyle privileges for clients

HONG KONG SAR – Media OutReach Newswire – 15 April 2026 – As part of its strategy to lead in digital wealth, Citi is leveraging fintech to enhance its client value proposition. Citi is committed to driving Hong Kong’s fintech ecosystem by playing a unique role as both a strategic investor and a collaborator. This approach is exemplified by our partnership with Endowus, a leading digital wealth advisory and investment platform. After Citi Ventures invested in the platform in August 2023, this collaboration now sets the stage for our latest joint initiative.

Building on their established relationship, Citi Hong Kong and Endowus recently launched the “Invest with Clarity, Live in Prestige” campaign, their inaugural joint credit card promotion. Through this initiative, eligible Endowus clients who successfully apply for a new Citi Prestige Card and meet specific requirements during the promotion period will receive a HK$4,000* cash reward. This offer seamlessly integrates a rewarding investment journey with the elevated dining, travel and lifestyle privileges that come with the Citi Prestige Card.

This partnership marks a key milestone, and both Citi and Endowus look forward to exploring further collaborations, including expanding the campaign to other Citi Credit Cards and across a broader spectrum of products, aiming to continuously drive financial innovation and enhance client experience.

Sarah O, Head of Digital Growth & Cards and Unsecured Lending Sales, Citi Hong Kong, said, “Our strategic collaboration with Endowus exemplifies Citi’s commitment to harnessing the power of the fintech ecosystem to drive growth and innovation within our wealth business. The expanded partnership with Endowus showcases our unique, full-circle commitment to the fintech community. We are excited about the ongoing potential of this partnership to unlock even more innovative solutions for our clients.”

Steffanie Yuen, Managing Director and Head of Hong Kong, Endowus said, “Citi’s strategic backing as our shareholder, and recognition of our vision to help people invest with clarity significantly reflects a shared commitment to raising the bar for wealth management in Hong Kong. By pairing best-in-class digital investment tools with the lifestyle rewards of the Citi Prestige Card, we’re making it easier than ever for clients to invest well and live well. We look forward to deepening our partnership to build even more innovative experiences together for the clients we serve.”

Click HERE to download the photo
Photo: Sarah O, Head of Digital Growth & Cards and Unsecured Lending Sales, Citi Hong Kong (Left) and Steffanie Yuen, Managing Director and Head of Hong Kong, Endowus (Right)

*For new Citi Prestige Card clients only. Terms and conditions for the promotion apply. Details: https://endowus.com/en-hk/campaigns/terms-conditions-for-endowus-x-citi-prestige-collaboration-promotion-2026

Hashtag: #Citi

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

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at | X: | LinkedIn: | YouTube: | Facebook:

TURIN, ITALY – Media OutReach Newswire – 14 April 2026 – The traditional automotive model is obsolete. It is rigid, capital-heavy, and dependent on massive dealership inventories that drive up costs for the consumer. XEV is now challenging that legacy structure with the rollout of its Customer-to-Manufacturer (C2M) ecosystem. By launching the world’s first mass-customization project for micro electric vehicles, including the flagship XEV YOYO, the company allows European drivers to order personalized vehicles directly. This approach eliminates the inventory burden and introduces a “Battery-as-a-Service” model that removes the two biggest barriers to EV adoption. Those barriers are high upfront costs and residual value risk.

XEV
XEV


Decoupling the Battery from the Price Tag

For decades, the battery has been the most expensive single component of an electric car. It is also the component most likely to depreciate. XEV’s innovative business model fundamentally alters this equation by separating the vehicle (hardware) from the battery (service).

Customers purchase the car but lease the energy capacity. This strategy significantly lowers the initial purchase price. It makes premium urban mobility accessible to a broader demographic. This ranges from young professionals seeking their first vehicle to fleet operators managing tight margins.

“We are not just manufacturing cars. We are redefining vehicle ownership,” says the XEV leadership team. “Our goal is to make car production as flexible as smartphone manufacturing. We give users exactly what they need for city living without the financial weight of traditional ownership.”

3 Minutes to Full Power: Solving the Charging Crisis

Range anxiety remains a critical hurdle for European EVs. This is particularly true for drivers without private home charging infrastructure. XEV addresses this with its proprietary battery swapping network.

The XEV YOYO and the upcoming XEV XPRESSION are engineered with a modular battery system. Instead of waiting hours at a charging point, drivers pull into a dedicated station. They complete a fully automated battery replacement in approximately three minutes.

This “SWAPPING” technology does more than save time. It improves operational efficiency for commercial users and ensures the vehicle is immune to battery degradation. Since the driver does not own the battery, they never have to worry about the cell’s lifespan affecting the car’s resale value. This creates a “Zero Usage Anxiety” experience for the owner.

Data-Driven Customization: The End of “One Size Fits All”

The XEV lineup is purpose-built for the narrow streets and high congestion of European cities. With a compact footprint of roughly 2.5 meters, the YOYO navigates historic city centers with ease. However, small size does not mean limited options.

Unlike legacy automakers that push stock inventory, XEV utilizes a data-driven C2M model. Users configure their vehicles via an online platform. They select distinct exterior colors, interior materials, wheel designs, and specific features. This user input triggers a flexible production process that creates a customizable car tailored to specific tastes. XEV uses the massive data generated from these customization choices to refine future designs and forecast market trends with precision.

Commercial Application: Powering the Last-Mile Economy

The flexibility of the XEV platform extends well beyond personal commuting. It is designed to serve the booming last-mile economy. The platform supports last-mile delivery vehicles and shared mobility fleets.

XEV provides specialized enclosed cargo options for logistics companies. The vehicle can even be customized for small business applications, such as mobile coffee carts or retail trucks. For small business owners, the vehicle serves as a mobile asset that can be configured for specific trades, effectively lowering the barrier to entry for entrepreneurs.

XEV has already initiated pilot projects with major European logistics firms to prove the model’s viability for high-frequency urban commuting and commercial delivery. For car-sharing services, the high utilization rates and low maintenance needs of the YOYO make it an ideal asset for time-based rental fleets. The modular design further supports this eco-friendly lifecycle by facilitating easy repair and part upgrades. This extends the product lifespan and reduces waste compared to traditional vehicles that are often scrapped when a single major system fails.

A Strategic Supply Chain for a New Era

XEV achieves this level of flexibility through a strategic manufacturing model. The company adopts a capital-light approach that relies on deep collaboration with mature Asian automotive supply chains. This ensures rigorous quality control and cost efficiency without the bloating of traditional manufacturing.

Simultaneously, XEV is committed to European localization. The company is currently establishing assembly hubs and battery swapping networks across Europe to better serve local demand. This dual approach allows XEV to combine global manufacturing power with local market responsiveness. It ensures that while the technology is global, the support and infrastructure are local.

Availability

Sales and deliveries of the XEV YOYO have commenced in selected European markets, including Italy and Germany. The company continues to expand its infrastructure to support the growing network of users who demand a smarter and cleaner way to move through their cities.

For more information on the YOYO and the battery-swapping network, visit https://www.xev-global.com/yoyo or explore the upcoming XPRESSION model at https://www.xev-global.com/xpression.
Hashtag: #XEV

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

About XEV

XEV is an innovative electric vehicle company committed to transforming the way cars are designed, built, and owned. Through its direct-to-consumer (DTC) online customization platform and a flexible production system, XEV integrates personalized user demand with modular smart manufacturing. The company’s mission is to make electric vehicles accessible and lifestyle-aligned for everyone. It drives the transition toward sustainable and personalized mobility. XEV positions itself not just as a manufacturer but as a global leader in urban electric mobility solutions.

  • Hongkong Land and Gammon Construction introduce CarbonCure’s CO₂ mineralisation technology in Tomorrow’s CENTRAL project, a first for Hong Kong.
  • Injecting captured CO₂ into concrete reduces cement use by up to 7%.
  • Supporting Hongkong Land’s goal of cutting Scope 3 carbon intensity 22% by 2030, positioning Tomorrow’s CENTRAL as a sustainability leader.
  • Buildings Department approval of the CarbonCure concrete mix sets the stage for wider industry adoption.
HONG KONG SAR – Media OutReach Newswire – 14 April 2026 – Hongkong Land and Gammon Construction have partnered to introduce CarbonCure to Hong Kong. Through this strategic collaboration, the companies are deploying the patented CO₂ mineralisation technology in Tomorrow’s CENTRAL project, marking its first use in Hong Kong. This alliance pioneers low-carbon building materials in the city and accelerates the wider industry’s transition.

(From left to right) Mr. Eddie Tse, Group Sustainability Manager, Gammon Construction; Ms. Ka Yan Chu, Assistant Technical Manager, Concrete Technology Services, Gammon Construction; Ms. Grace Lam, Senior Sustainability Manager, Hongko
(From left to right) Mr. Eddie Tse, Group Sustainability Manager, Gammon Construction; Ms. Ka Yan Chu, Assistant Technical Manager, Concrete Technology Services, Gammon Construction; Ms. Grace Lam, Senior Sustainability Manager, Hongko

Reducing cement‑related emissions without compromising performance

Embodied carbon accounted for 70% of Hongkong Land’s total carbon emissions in 2025, with industry research indicating that more than 80% of the embodied carbon in a typical new commercial building is associated with concrete, brick and steel. Cement production generates about 7% of global CO₂ emissions, more than three times that of civil aviation, making it a critical decarbonisation priority.
CarbonCure offers one of the most effective solutions, reducing cement content by 4–7% without compromising concrete quality or performance. The new technology injects captured CO₂ into fresh concrete during mixing, where it undergoes a chemical reaction to form a mineral, permanently trapping carbon within the material. When combined with a low-carbon concrete mix containing approximately 40% Ground Granulated Blast-Furnace Slag (GGBS), a 34% carbon emissions reduction is achieved compared to traditional non-green concrete.

Implementing this innovative technology supports Hongkong Land’s target of achieving a 22% reduction in Scope 3 carbon intensity by 2030. It also aligns with Tomorrow’s CENTRAL project’s sustainability objectives, including using 100% low carbon concrete, 100% green rebar, and 100% sustainable timber during construction, and to divert 75% of construction waste.

Tomorrow’s CENTRAL: a project with sustainability at its core

Tomorrow’s CENTRAL is Hongkong Land’s bold three-year plan to transform the LANDMARK retail portfolio. Announced in June 2024, the project is ambitious in its scope, encompassing extensive façade enhancements, retail renovations and office lift-lobby relocations From inception, sustainability has been the project’s guiding principle.
The CarbonCure concrete mix technology was deployed by Hongkong Land and Gammon in November 2025 after it was approved by the Buildings Department in September 2025 following a rigorous 18-month testing and preparation period.

Michael T. Smith, Group Chief Executive of Hongkong Land, said: “Sustainability is a key business priority for Hongkong Land. Using lower carbon concrete on Tomorrow’s CENTRAL helps to advance the goals of our Sustainability Framework 2030. As the first developer to apply this technology in Hong Kong’s premium commercial sector, we continue to demonstrate our commitment to innovation and encourage wider industry uptake.”

Eddie Tse, Group Sustainability Manager, Gammon Construction, said: “We are delighted to partner with Hongkong Land on Hong Kong’s first application of CarbonCure concrete. Their strong commitment to sustainability and openness to pioneering solutions have been instrumental in making this milestone possible. By permanently mineralising carbon within building materials and reducing cement use, lower carbon concrete represents a meaningful step forward in embodied‑carbon reduction. With this successful deployment, we look forward to extending similar innovations across the industry and collaborating with more clients to drive low‑carbon construction in Hong Kong.”

Hashtag: #HongkongLand

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

Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

A new study by Pearson and Amazon Web Services has sharpened concerns over whether universities are keeping pace with the demands of an AI-driven labour market, finding that 53% of employers say their main difficulty is hiring graduates with the right AI skills. The report, released on April 13, surveyed 2,711 learners, higher-education leaders and employers across the United States, the United Kingdom, Brazil, Saudi Arabia, Malaysia […]

China’s export growth lost momentum sharply in March, offering the clearest sign yet that the war centred on Iran is beginning to weigh on the world’s second-largest economy through higher energy costs, disrupted shipping patterns and weaker overseas demand. Official trade data showed exports rose 2.5 per cent from a year earlier, far below market expectations and down from the 21.8 per cent jump recorded in the combined January-February period.

The slowdown matters because overseas sales have been doing much of the heavy lifting for China while the property downturn and soft household spending continue to restrain growth at home. Economists surveyed by Reuters expect the economy to have expanded 4.8 per cent in the first quarter, up from 4.5 per cent in the previous three months, but they also see the outlook dimming as the Middle East conflict pushes up input costs and clouds demand in key markets.

March’s figures suggest that what had looked like a strong start to the year is becoming harder to sustain. Earlier gains had been supported by front-loaded shipments, strong demand for artificial intelligence-linked electronics and a rebound in some advanced manufacturing exports. That mix is now facing a harsher external backdrop. The conflict involving Iran has disturbed energy markets, with the Strait of Hormuz under severe strain and oil prices climbing towards the $100 a barrel mark, a level that raises transport, production and logistics costs across Asia and Europe.

Imports into China, by contrast, jumped 27.8 per cent in March, the strongest increase since late 2021. Part of that rise reflected demand tied to semiconductors, components and technology supply chains, but it also pointed to stockpiling and shifting trade flows as businesses prepared for a more volatile energy and freight environment. The divergence between softer export growth and surging imports may complicate Beijing’s effort to keep its large trade surplus intact through 2026.

Pressure from the Iran conflict is being transmitted through more than one channel. China remains heavily exposed to imported energy, and although it has reserves and a diversified supply base, higher crude and gas costs squeeze manufacturers’ margins and can erode the price competitiveness that has underpinned the country’s export machine. Reuters reported that March also brought the first rise in factory-gate prices in more than three years, indicating that cost pressures are building just as external demand becomes less predictable.

There are also direct trade effects. Reuters reported that crude and natural gas imports fell as the regional conflict disrupted flows. OPEC, in its first formal assessment of the war’s economic effect, cut its forecast for second-quarter global oil demand by 500,000 barrels a day, saying the conflict had become a meaningful drag on consumption and trade. For export-oriented economies such as China, that points to a tougher environment in which customers abroad may curb discretionary spending while producers face steeper energy bills.

Yet the picture is not uniformly bleak. China’s technology and clean-energy manufacturers still have areas of strength that could cushion the blow. Overseas demand for electric vehicles, batteries and solar equipment has been supported by the same oil shock that is hurting traditional exporters. Associated Press reported that Chinese new-energy vehicle exports continued to surge in March, while another AP analysis said the energy crisis was sharpening global interest in Chinese clean-tech supply chains. Those sectors are unlikely to offset every weakness, but they do show that the country’s export story is becoming more uneven rather than simply weaker across the board.

That unevenness is visible across product categories. Lower-value consumer goods such as clothing, furniture and other labour-intensive shipments were hit by seasonal factors and softer foreign demand, while higher-end electrical and AI-linked exports remained more resilient. South Korea’s sharp rise in exports to China, driven by chip demand, underlined the point that advanced technology supply chains are still expanding even as broader goods trade loses pace.

Beijing now faces a familiar policy dilemma made more acute by war. It wants to preserve growth without adding excessive leverage, support exporters without worsening trade tensions, and stabilise domestic demand while avoiding another debt-fuelled property cycle. Current forecasts still place full-year growth within the official 4.5 to 5 per cent target range, but many analysts now expect a weaker second quarter than they did before the Iran crisis deepened. Fiscal support, bond issuance and selective easing remain on the table, though officials appear cautious about deploying a large stimulus immediately.

Arabian Post Staff -Dubai Dubai’s Department of Economy and Tourism has signed a strategic agreement with HSBC Bank Middle East Limited aimed at drawing more multinational companies, institutional investors and high-net-worth individuals to the emirate, in a move that fits Dubai’s wider push to deepen capital inflows and strengthen its standing as a global business centre. The agreement was announced on April 13 and positions HSBC’s regional […]

Arabian Post Staff -Dubai Al Ansari Exchange has expanded its partnership with Etihad Credit Bureau, enabling individuals to obtain official credit reports through more than 285 branches across the UAE in a move that broadens physical access to personal financial data and underlines a wider push towards transparency in consumer finance. The service marks an extension of a relationship that had already covered corporate credit reports, and […]

Federal investigators in the United States, working with Indonesian police, have dismantled the W3LL phishing network, a cybercrime operation that authorities say enabled the theft of thousands of account credentials and supported more than $20 million in attempted fraud. The action, led by the FBI’s Atlanta field office, included the seizure of infrastructure linked to the service and the detention in Indonesia of an alleged developer identified […]

Singapore’s crowded digital marketing sector has gained a new entrant after SEOExpert said it was launching with proprietary artificial intelligence tools and a results-only commercial pitch aimed at small and medium-sized enterprises, stepping into a market where agencies are increasingly selling automation, search visibility and measurable returns as core differentiators.

The company, which appears to have been incorporated in Singapore in March 2026 as SEOEXPERT PTE. LTD., is presenting itself as a performance-driven agency focused on SEO, paid advertising and social media marketing. Its public-facing claims centre on AI-assisted content publishing, competitor monitoring, campaign optimisation and lead qualification, alongside a “no long-term contracts” offer and a promise to be judged on outcomes rather than retainers alone. That message lands at a time when many smaller businesses are under pressure to justify every marketing dollar and are increasingly wary of vague promises around rankings and traffic.

The broader backdrop helps explain why such positioning may resonate. Singapore’s digital economy accounted for 18.6 per cent of gross domestic product in 2024, up from 14.9 per cent in 2019, according to the Infocomm Media Development Authority, while SME adoption of AI more than tripled in one year to 14.5 per cent in 2024. That expansion has widened the addressable market for agencies promising to help firms compete online, but it has also sharpened scrutiny of whether AI-branded services genuinely improve sales, lead quality and discoverability or merely repackage familiar tactics with new language.

SEOExpert is entering a field where established players already market many of the same ideas. Rival agencies in Singapore promote AI-assisted SEO, performance pricing, flexible contracts and proof-of-results case studies, while independent directories and agency marketplaces show a busy, fragmented sector serving everything from small retailers to larger regional brands. That means the newcomer is not inventing a category so much as trying to sharpen a proposition around trust, transparency and speed of execution. The challenge will be whether it can demonstrate that its systems produce durable gains rather than short bursts of visibility.

For SMEs, the appeal of a results-linked arrangement is obvious. Search marketing has long suffered from an information imbalance: agencies control the technical work, clients often lack the tools to assess quality, and outcomes can depend on shifting search algorithms, website health, content quality and competition in a given niche. In that environment, a promise that reduces fixed commitment can sound attractive, particularly for businesses that have previously paid monthly retainers without a clear link to revenue. Yet such offers also deserve careful reading. “Results” can mean rankings, clicks, leads or sales, and those metrics do not carry equal commercial value. A company can rise in search results without converting more customers.

The AI element also cuts both ways. Automation can help agencies monitor competitors, scale content operations and identify technical issues faster, which may lower delivery costs and shorten turnaround times. At the same time, search platforms and clients alike are becoming more alert to thin, repetitive or mechanically generated material. That raises the bar for agencies claiming proprietary tools. The real test is not whether software is involved, but whether the work improves relevance, authority and user experience in a way that survives algorithm changes and stricter expectations from search engines and AI-driven discovery platforms.

Another factor is credibility. Public records indicate the company is newly formed, which is not unusual for a startup agency but does mean prospective clients will have limited operating history to assess. Its website advertises more than 100 brands served and showcases commercial claims around measurable growth, though such statements are difficult to independently verify from public information alone. For buyers in Singapore’s SME segment, that typically shifts due diligence towards contract terms, reporting standards, client references, attribution methods and whether performance targets are clearly defined before money changes hands.

Cisco is closing in on a deal to buy Astrix Security for as much as $350 million, according to multiple reports, in a sign that one of the world’s largest networking and security groups is moving faster to secure the fast-growing risks created by AI agents and other non-human identities inside large organisations. The talks, first reported on April 10, value the Israeli startup at roughly three […]

KK Éclat, a France-founded luxury skincare label with Hong Kong ties, has staged an invitation-only gala in Central after its UV and Pollution Blocker Cream won “Best Everyday Sunscreen” at the 2026 Vogue Hong Kong Beauty Awards, giving the brand a fresh marketing lift in an increasingly crowded premium sun-care market. Vogue Hong Kong’s awards coverage lists the product among this year’s winners, while the company said the celebration was held in March at The Pin, a private club in Central.

The company said more than 30 guests attended the dinner, including business figures, tastemakers and industry personalities, as founders Karen and Katherine used the event to underline the brand’s positioning at the intersection of prestige beauty and science-led formulation. The award matters because it comes from a high-visibility fashion and beauty title in Hong Kong, where premium skincare remains a strong draw and brand differentiation is increasingly tied to product efficacy claims, texture, convenience and visible daily-use appeal.

Vogue Hong Kong published a dedicated winners’ article on 22 March naming KK Éclat’s UV and Pollution Blocker Cream as the new “Best Everyday Sunscreen”, and a broader recap of the 2026 awards ceremony on 19 March also listed the same product in that category. That dual confirmation helps anchor the company’s claim to a recognised editorial accolade rather than a self-created brand distinction.

KK Éclat has built much of its identity around what it calls Nano Frame Technology, which the brand says helps active ingredients disperse evenly, remain on the skin surface where needed and deliver hydration over an extended period. On its website, the company presents itself as a science-backed luxury line designed for consumers with irregular routines, frequent travel and high exposure to urban stress. The product page and brand materials place the sunscreen within a broader narrative of multifunctional skincare that promises protection, hydration and cosmetic elegance in a single formula.

That pitch aligns with a wider industry shift. Market researchers tracking sun-care cosmetics say Asia-Pacific is one of the strongest growth regions for the category, with demand increasingly favouring SPF products that merge protection with skincare benefits and easy everyday wear. Industry analysis has also pointed to a move toward lighter, less visible formulas and premium products that can slot into daily beauty routines rather than sit apart from them as purely functional beachwear items.

KK Éclat’s own messaging leans heavily on a long-running debate in sunscreen formulation. Founder Katherine, speaking in the company-issued announcement, contrasted the white cast often associated with mineral blockers with continuing consumer questions around the absorption of some chemical filters. That is a commercially potent argument, though one that requires careful reading. US regulators and medical literature have indeed examined systemic absorption of certain sunscreen ingredients, but dermatology guidance continues to stress that sunscreen use remains essential and that both mineral and chemical formats can play an important role depending on skin type, tolerance and formulation.

For KK Éclat, the commercial challenge now is scale and credibility. Awards can accelerate awareness, especially for younger labels, but the premium skincare segment is unforgiving and crowded with multinational incumbents, heritage luxury houses and a fast-growing pipeline of boutique science-led brands. Vogue Hong Kong’s 2026 awards list itself illustrates that competitive backdrop, with winners spanning names such as Chanel, Dior, La Mer, Clé de Peau Beauté and SkinCeuticals alongside smaller players.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA