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HONG KONG AND SHANGHAI, CHINA – Media OutReach Newswire – 2 December 2025 – Following the recent tragic fire at Wang Fuk Court in Tai Po, Hang Lung Group and Hang Lung Properties (“Hang Lung”) today open the application for rent-free transitional accommodation from their HK$11 million “Tai Po Wang Fuk Court Fire Relief Fund” to provide relief and support for affected residents. The “Kornhill Apartments Transitional […]

Iraq’s Oil Ministry has launched a formal process to invite a handful of major US oil companies to directly negotiate the takeover of the 75 percent stake in the West Qurna-2 oil field — currently held by Lukoil — following international sanctions imposed on the Russian company. The ministry’s announcement emphasises that transferring control to a US operator would support global market stability while preserving Iraq’s vital […]

DALI, CHINA – Media OutReach Newswire – 1 December 2025 – At the 2025 Intangible Cultural Heritage(ICH) brand promotion week held from Sunday to Friday in Dali, which was organized by the Ministry of Culture and Tourism, over 120 heritage brands demonstrated how traditional craftsmanship can be integrated with contemporary design. Caption: A woman experiences the tie-dye technique of Bai ethnic groupin a dyehouse in Zhoucheng Village […]

HONG KONG SAR – Media OutReach Newswire – 28 November 2025 – Lens Technology (Hong Kong) Co., Ltd. has pledged an immediate donation of HK$13.1 million to support relief and recovery efforts after a catastrophic Level 5 fire struck Wang Fuk Court in Tai Po, New Territories, on November 26. The blaze caused substantial loss of life and extensive property damage, profoundly affecting the Lens Technology family […]

By Ashok Nilakantan Ayers SILICON VALLEY / SAN FRANSISCO / CALIFORNIA: The numbers are staggering. Microsoft has spent over $20 billion building data centres stuffed with the most powerful computer chips ever made. Meta is burning through billions more, weaving artificial intelligence into Instagram, WhatsApp, and Facebook. Google and Amazon are locked in a cloud-computing […]

The article The Great AI Gold Rush By US Big Tech Companies Through Huge Investment appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Donation includes HK$10 million in Financial Aid and HK$1 million in Transitional Accommodation HONG KONG SAR – Media OutReach Newswire – 27 November 2025 – Hang Lung Group and Hang Lung Properties (“Hang Lung”) express deep sorrow and profound concern following the severe fire that occurred yesterday at Wang Fuk Court, Tai Po. Our condolences go out to all affected residents. In response to this tragic event, […]

By Nitya Chakraborty 2025 has been a golden year for the Chinese President Xi Jinping in global diplomacy. In the last ten months since taking over the U.S. presidency by Donald Trump on January 20 this year for the second non-consecutive term, Chinese supremo Xi Jinping is on the roll. At the Busan summit in […]

The article How President Xi Jinping Has Emerged Taller In Global Diplomacy In 2025 During Trump.2 Tenure appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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A massive fire tore through the Wang Fuk Court housing estate in the Tai Po district of Hong Kong, killing at least 55 people and leaving around 279 unaccounted for, according to officials on Thursday. Flames ripped through seven high-rise residential blocks surrounded by bamboo scaffolding and green construction mesh, with one of the dead identified as a firefighter who had been battling the blaze. Over 60 […]

Shares of Alphabet Inc., the parent company of Google, surged to record territory on Wednesday as investors responded to strong underlying business momentum and easing regulatory concerns. The company’s Class A share climbed above $300 for the first time in intraday trading, a notable milestone for the tech heavyweight. The push upward was driven in part by a standout quarter in which Alphabet reported revenues exceeding $100 […]

President Donald Trump has pledged a one-time payment of $2,000 to moderate- and middle-income Americans, to be funded by revenues from the tariffs his administration has imposed. He proposed the payment in remarks signalling the effort will begin around mid-2026. Treasury Secretary Scott Bessent clarified that the payout would depend on congressional approval and suggested the benefit might instead be delivered through tax reductions rather than direct […]

The Ministry of Human Resources and Emiratisation has announced the holiday for the private sector in observance of Eid Al Etihad, aligning with the cabinet’s decision to recognise official public holidays. The holiday will offer employees in the private sector a designated time off to mark the festive occasion. The Eid Al Etihad holiday typically reflects national pride and unity, as it is celebrated across the country, […]

HANOI, VIETNAM – Media OutReach Newswire – 17 November 2025 – The VinFuture Foundation officially announces the 2025 VinFuture Sci-Tech Week agenda, taking place from December 2 to December 6, 2025, in Hanoi. Under the theme “Rising and Thriving,” this year’s annual international event continues to reaffirm VinFuture’s mission to connect global knowledge, catalyze meaningful contributions to humanity, and elevate Vietnam’s position as an emerging hub for […]

A groundbreaking performance of Giuseppe Verdi’s Rigoletto by the renowned St. Petersburg Opera will soon grace Dubai’s Zabeel Theatre. Known for its lavish productions and exceptional vocal talent, the company, under the direction of acclaimed Russian director Yuri Alexandrov, brings a fresh and daring interpretation of this iconic opera. This marks the company’s return to Dubai after their successful appearance at Expo 2020, where they garnered international […]

By Nitya Chakraborty Bangladesh plunged into a fresh turbulence on Monday, November 17 after the International Crimes Tribunal (ICT) announced its verdict sentencing to death former Bangladesh Prime Minister Sheikh Hasina for” crimes against humanity” committed during last year’s student led agitation that led to the fall of her Awami League Government on August 5, […]

The article Bangladesh Plunges Into Fresh Turbulence After Tribunal’s Death Penalty To Sheikh Hasina appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

A trusted custodian of China’s precious metal heritage rapidly expands retail footprint to make unique collectables and investment-grade gold accessible to investors and collectors HONG KONG SAR – Media OutReach Newswire – 14 November 2025 – San Gold Coins, the century-long leading specialists in precious metal investment and collectable coins distribution, has announced its strategic entry into the Hong Kong market with a rapid three-store expansion this […]

The Trump administration has urged U. S. states to reverse the full payments of Supplemental Nutrition Assistance Program benefits, which were issued under court orders last week. This push comes after the U. S. Supreme Court intervened, issuing a stay on the judicial rulings that mandated the expanded benefits. The move has reignited a fierce legal and political battle surrounding the administration’s efforts to overhaul the nation’s […]

A Washington D. C. jury has cleared former Department of Justice paralegal Sean Charles Dunn of a federal misdemeanor assault charge after he hurled a submarine-style sandwich at a U. S. Customs and Border Protection agent on 10 August, a moment captured on video and processed through a high-profile federal court trial. The verdict follows a grand jury’s refusal to indict Dunn on felony assault charges, triggering […]

HAI PHONG, VIETNAM – Media OuReach Newswire – 4 November 2025 – Indochina Kajima, the joint venture between Indochina Capital and Kajima Corporation, and ITOCHU Corporation held a ground-breaking ceremony for Core5 Vietnam’s second industrial project in Hải Phòng at Deep C 2 Hai Phong Industrial Zone. The project will deliver approximately 80,000sq.m of world-class ready-built factory space for lease, with a handover expected in Q1/2027. Photo […]

Video game publisher Nintendo has won a legal victory against a Colorado streamer identified as Jesse Keighin, following his broadcast of pirated, unreleased games for the Switch console. The court awarded Nintendo US$17,500 in damages after Keighin failed to respond to the lawsuit and default judgement was entered in March. The company’s filing indicates that Keighin, who used the handle “Every Game Guru”, streamed at least 10 […]

Seoul and Beijing accelerated bilateral engagement on Saturday when their leaders met on the sidelines of the Asia-Pacific Economic Cooperation summit in Gyeongju. President Lee Jae Myung of South Korea and President Xi Jinping of China signed a new five-year currency swap worth about 70 trillion won between their central banks, and agreed six memorandums of understanding covering economic cooperation, agriculture and services trade. This financial pact mirrors one that expired last month and signals a stronger push by both Seoul and Beijing for deeper economic synchronisation.

At the same time, the two administrations flagged potential restoration of cultural exchange channels that were effectively shut down more than a decade ago. China’s informal ban on South Korean entertainment—spanning K-pop, television dramas and film—was imposed following Seoul’s deployment of a U. S. missile defences system, which Beijing viewed as a strategic threat. At the summit, Lee and Xi agreed on the need to expand cultural cooperation, though Lee’s office cautioned that the dialogue reflected “courtesy comments” rather than final decisions.

Analysts describe the summit as a signal of warming relations after years of tactical distancing around security issues. Lee pressed for China’s constructive involvement in facilitating dialogue with North Korea, emphasising that high-level exchanges between Pyongyang and Beijing had ramped up. Xi reaffirmed China’s policy of strategic consistency and pledged deeper communication with Seoul. In parallel, the Korean and Chinese law-enforcement authorities signed an MOU to combat transnational voice-phishing and online scam crimes. Other MOUs addressed cooperation in the silver industry, innovative start-ups and agricultural exports from South Korea to China, reinforcing the emphasis on citizen-facing and practical cooperation.

Still, important caveats remain. While the swap agreement and MOUs represent tangible results, they come against a backdrop of prominent domestic dissent in South Korea. Thousands of protesters rallied in Seoul ahead of the summit, chanting anti-China slogans and highlighting a rising climate of nationalist sentiment. The South Korean government has acknowledged that such unrest risks undermining its diplomatic efforts and international standing. On the cultural front, though the possibility of lifting the ban on Korean content in China was raised, officials stressed that legal and procedural constraints remain in place and the matter is “premature” to reinterpret as a full reopening.

Commercially, the new swap line aims to bolster market stability for both nations amid global economic uncertainty and an intensifying U. S.–China rivalry. For cultural industries in South Korea—home to major firms such as Hybe, SM Entertainment and CJ ENM—the prospect of access to China’s vast audience is tantalising but still uncertain. For Beijing, deeper cultural ties with Seoul could ease past tensions and bolster the role of cultural-and-creative industries in economic growth, as alluded to in the summit’s wider Asia-Pacific framework which emphasises the importance of such sectors alongside digital transformation and artificial intelligence.

The Washington-based media outlet Radio Free Asia announced that it will suspend all editorial content production from Friday, citing critical funding shortfalls triggered by the federal government shutdown and delays in appropriations. The decision marks the first full shutdown of its news services since the broadcaster’s founding in 1996.

Chief Executive Bay Fang explained that the organisation is “forced to suspend all remaining news content production … for the first time in its 29 years of existence” and that operations in several overseas bureaus across Asia will close while staff are formally laid off and severance paid. The organisation reported that many employees have been on unpaid leave since March owing to previous funding cuts.

Analysts say the board’s move underscores a precarious moment for U. S.-backed international broadcasting. Radio Free Asia, which has delivered news in Mandarin, Burmese, Khmer, Korean, Vietnamese and Uyghur since the mid-1990s, has come under mounting pressure from a combination of political directives and fiscal constraints. In March the United States Agency for Global Media terminated its grant under a presidential executive order, prompting legal challenges. Over the following months the service slashed language operations, placed staff on extended leave and shrank its footprint.

The trigger for the complete pause is the failure of Congress to pass a full-year funding resolution, resulting in the federal shutdown beginning October 1 and the impasse over the 2026 fiscal year budget. The shutdown left USAGM unable to disburse new funding, forcing Radio Free Asia to exhaust reserves. The suspension leaves fewer than 30 employees in place, according to internal documents.

Supporters of the broadcaster warn that the shutdown of its services will leave a significant information gap in parts of Asia where independent media are scarce and press freedom is under threat. The outlet has been credited with investigative reporting on China’s Uyghur population, coverage of North Korean defectors and analysis of the 2021 Myanmar coup. Its multilingual services have made it one of the few external voices operating inside closed societies.

Critics of U. S. international broadcasting say that the funding model, which ties outlets to federal grants, is inherently unstable when funding is politicised. They argue that the reliance on appropriations makes such organisations vulnerable to shifts in administration priorities and partisan standoffs. The halt in operations at Radio Free Asia has already been welcomed by governments it has criticised, including Cambodia and China, which view the move as a blow to U. S. soft-power broadcasting efforts.

Industry observers note that other USAGM-funded broadcasters are also under strain. The Radio Free Europe/Radio Liberty has retained legal protection via a court injunction but still faces cash-flow challenges. The broader trend suggests that U. S. international media assets may have thoroughly entered a phase of retreat just as global information competition—particularly from China and Russia—is intensifying.

The implications of the suspension extend beyond media-industry metrics. Some Asian governments that had viewed the broadcaster’s presence as adversarial are already reclaiming influence. Beijing had added state-run radio frequencies in regions formerly served by Radio Free Asia’s Mandarin service, and Phnom Penh’s leadership publicly thanked Washington in March for the cuts, calling them “a major contribution to eliminating fake news” in the region.

President Donald Trump is advancing plans to nominate Ryan Baasch, a senior aide within the White House’s economic policy team, for a commissioner seat at the Federal Trade Commission. Sources familiar with the matter say the 37-year-old special assistant at the National Economic Council would step into the post vacated by Commissioner Melissa Holyoak, who is expected to be tapped for the role of U. S. Attorney […]

President Donald Trump has filed a formal appeal with New York’s Appellate Division, First Department, seeking to overturn his conviction for falsifying business records in the so-called hush-money case. In a 96-page brief submitted on Monday, his legal team argues that the trial in Manhattan was fatally compromised by judicial bias and improper admission of evidence. The conviction dates back to May 30, 2024, when a jury […]

The cryptocurrency exchange WazirX will resume trading from 24 October, offering zero-trading-fees for a 30-day window as it restarts operations in phases through 27 October, according to the company’s announcement. The move follows regulatory and judicial approval of its restructuring scheme, signalling a fresh push to restore market presence and user confidence.

The phased rollout is structured across four days beginning 24 October, with around 25 per cent of listed tokens becoming tradeable each day until full functionality is reached by 27 October. The USDT markets will be enabled first, followed by INR trading pairs as part of the gradual reactivation. Trading will commence on each live token at 10:00 a. m. IST, with order-matching set to begin at 5:00 p. m. IST. The company emphasises that the fee-free period will be assessed for extension depending on user engagement and stability of the restart.

The zero-fee offer is designed to attract traders back to the platform and rebuild liquidity, at a time when trust in crypto exchanges remains fragile. WazirX management states that this incentive, coupled with a careful phased launch, is intended to “restore liquidity safely, confirm technical stability, and ensure a gradual and reliable return to normal trading across all market pairs.”

The relaunch arrives after the Singapore High Court sanctioned the restructuring scheme of WazirX’s parent entity, clearing a major regulatory hurdle. The process involved creditor-votes and considerable restructuring oversight, reflecting the seriousness of the platform’s operational freeze. The court approval is expected to pave the way for potentially unlocking user funds that had remained frozen since the suspension.

The exchange’s suspension followed a major cybersecurity incident in July 2024, when approximately US$230 million was reportedly lost in one of the country’s largest crypto-hacks. The outage left the platform offline for over a year and a half, creating uncertainty for users and creditors. The company signals that its collaboration with a third-party custody provider is intended to strengthen asset security, responding to one of the principal criticisms that emerged from the hack.

Analysts say the relaunch is significant for India’s broader crypto ecosystem, which has witnessed growing regulatory scrutiny and pressure for tighter security and transparency standards. The move by WazirX could act as a bellwether for other exchanges, in terms of operational restoration and user-trust rebuilding efforts. However, the stakes remain high: many users still await clarity on withdrawals, disputing the timeline and adequacy of asset recovery efforts.

While the trading disruption is over, questions persist about how quickly WazirX can rebuild liquidity across its markets, re-list tokens that were delisted or migrated during the shutdown, and reassure the user-base that past vulnerabilities have been addressed. Some tokens have already been delisted or swapped in line with the exchange’s due-diligence review, further complicating the relaunch.

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