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Arabian Post Staff Bank of America has  launched its digital asset research with the publication of a report entitled “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy. Digital assets represent a $2 trillion+ market value with 200 million+ users, and have the potential to transform every industry by improving efficiency and reducing friction across transactions. Hundreds […]

Arabian Post Staff  During September, the Dubai Gold and Commodities Exchange (DGCX) once again registered a high monthly Average Open Interest (AOI), amounting to 154,629 contracts. Open interest is an indicator of the total number of futures contracts held by market participants at the end of the trading day – and the significant increase over the last few months reflects a growing appetite from market participants. Following […]

Matein Khalid Brazil stock market performance unfortunately vindicates General Charles de Gaulle’s morose prediction “Brazil is a country of the future and always will be”. In my Wall Street salad days, we were neurologically programmed to buy Brazilian equities when crude oil/soft commodities price boomed, when the global economic growth was in acceleration mode and when a right wing pro-Uncle Sam President with close ties to the […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 1 October 2021 – Global broker OctaFX released the final episode of their YouTube interview project ‘Honest Stories of Success’. The interviews showcased the success stories of Malaysia’s prominent people as they actually happen, unfiltered. However, the project had more to it than famous people revealing the ups and downs of their career journeys. It provoked a unique dialogue between Malaysian traders who […]

7-Night Stay at HK$ 2,240 | 30-Night Stay at HK$ 8,800 HONG KONG SAR – Media OutReach – 27 September 2021 – Millennials, Gen Z, and those who are looking for a temporary stay during home renovation or relocation can now take advantage of the beyond thoughtful Long Stay Packages at Cosmo Hotel Hong Kong.  With the unbeatable rate of HK$ 2,240 nett for 7 nights (HK$320 per night) and HK$8,800 for […]

Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Wednesday that it had signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the regulation and trading of crypto assets within the DWTCA free zone. The new initiative establishes a framework enabling […]

Record number of participants in Bybit’s World Series of Trading (WSOT) 2021 drove up total prize pool to a historic $4.09 million, up from last year’s $1.27 million 매억남 secured No.1 title as captain of top troop 유튜브매억남 with a staggering 2,044.90% P&L, followed by 금융인 강은호 (1,774.84% P&L) and PepeCup Army (1,417.15% P&L) A star-studded cast from the esports world: gaming legends from four elite esports […]

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SINGAPORE – Media OutReach – 17 September 2021 – Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.   Introducing Bybit Launchpad   Bybit Launchpad is designed to help connect innovative crypto projects and users who may be interested to gain exposure to promising projects, while protecting users […]

Matein Khalid The sheer scale of the Federal Reserve’s post-Lehman quantitative easing experiment can be gauged by the fact that its balance sheet is now $8.3 trillion or 1/3 the American GDP. In contrast, on the eve of Lehman Brothers failure on 15 Sept 2008, The Fed’s balance sheet was a mere $900 billion. Yet the Bernanke Fed’s revolutionary experiments in monetary policy applied by J. Powell […]

Ransomware remains primary threat as threat actors evolve tactics HONG KONG SAR – Media OutReach – 15 September 2021 – Global cybersecurity leader Trend Micro Incorporated (TYO: 4704; TSE: 4704) announced today that it blocked 40.9 billion email threats, malicious files, and malicious URLs for customers in the first half of 2021, a 47% year-on-year increase.   To read the full report “Attacks from All Angles: 2021 […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 September 2021 – From the standpoint of technological adaptability, Millennials are among the groups which were able to adjust the most in a brief period of time—a time that is torn and accelerated anew by paradigm shifts all over the board. The older ones (born between 1980–1993) received insights from the preceding generations and accommodated to the best of their ability: lessons […]

James M Dorsey The US withdrawal from Afghanistan will likely clarify what the Gulf’s security options are. Gulf states are likely to monitor how Russia and China handle the perceived security vacuum and security threats in the wake of the US withdrawal and abandonment, for all practical matters, of Central Asia. It will tell Gulf states to what degree Russia and China may be viable alternatives for […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 3 September 2021 – The Mexican peso (MXN) enters OctaFX‘s currency pool at the end of August—it comes with three tradable currency pairs.   Finally, the most traded currency from Latin America enters global Forex broker OctaFX’s ensemble—the Mexican peso (MXN).   Being the third-largest currency traded in North America (after the U.S. dollar and Canadian dollar), the Mexican currency is issued and […]

The time has come for investors that are interested in the U.S. EB-5 investment migration program to collect their documents, consult an experienced EB-5 expert and have everything ready for immediate submission in September. Currently the popular U.S. permanent residency program has been placed on hold until the U.S. Congress reauthorizes the continuation of the program. It must be noted that the program in its entirety has […]

Coinminers, web shells and ransomware made up 56% of malwares targeting Linux systems in the first half of 2021 HONG KONG SAR – Media OutReach – 30 August 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today released new research on the state of Linux security in the first half of 2021. The report gives valuable insight into how Linux operating systems are being targeted […]

Singaporeans can save with super deals from 30 popular local and international merchants including Taobao, Amazon SG, iHerb, Lazada, Nike and Klook Users can now stack even more savings on overseas purchases, in addition to enjoying the best exchange rates offered by the debit card SINGAPORE – Media OutReach – 26 August 2021 – YouTrip, Singapore’s leading multi-currency wallet, is giving Singaporeans more value when they spend […]

KUALA LUMPUR, MALASIA – Media OutReach – 25 August 2021 – The international Forex broker OctaFX turns ten years old. This past decade culminates in 6.6 million Forex trading accounts opened, 200,000 Trade &Win gifts delivered, over 102,000 followers on social media, 44 Forex industry awards received, providing services in more than 100 countries, and 500 million trades executed on the platform since inception—to just name a […]

MANILA, PHILIPPINES – Media OutReach – 18 August 2021 – Global recruitment specialists Michael Page Philippines witnessed the number of successful job moves rise in Q2 2021 compared to Q1 with an overall 45% increase. According to job placement data shared by Michael Page, growth was also observed within sectors such as Digital (up 38%), Technology (up 18%) and Financial Services & Fintech (up 22%).   Albert […]

Ransomware showed massive year-to-date spikes in the U.S. (185%), U.K. (144%) Ryuk, Cerber, SamSam top families of the year, making up 64% of all ransomware volume Government, education, healthcare, retail verticals increasingly targeted by ransomware Up 59% year-to-date globally, IoT malware continues growth since 2018 Cryptojacking malware remains a key threat, up 23% year-to-date globally and up 22% in the U.S. SonicWall’s patented RTDMI™ finding more never-before-seen […]

Indxx announced the licensing of their Indxx US Clean Energy Tech Index to KSM Mutual Funds Ltd. The index will serve as the underlying benchmark for KSM KTF (4A) Indxx US Clean Energy Tech Currency Hedged. The Indxx US Clean Energy Tech Index (Ticker: IUCETI) seeks to accurately and comprehensively measure the performance of companies that provide goods and/or services towards clean energy and related technologies that enable […]

SINGAPORE – Media OutReach – 11 August 2021 – MEXC Global is again initiating its social responsibility efforts to the community, extending its help to curb the recent wildfire incidents in Turkey. The exchange platform’s charity task force seeks to assist the Turkish forest fire situation during this disastrous time.   In July 2021, 60+ fires spread across 21 Turkish cities. Several areas, such as Manisa, Muğla, Adana, and Kayseri, continue […]

Series C funding round led by partners of DST Global, C Ventures and K3 Ventures with Jihan Wu’s crypto firm raising $129 Million to date HONG KONG SAR – Media OutReach – 3 August 2021 – Matrixport, Asia’s fast growing digital assets financial services platform closed its Series C funding round with a valuation of over US$1 billion — just two years after its establishment. This round was led […]

Safety & Shipping Review 2021: 49 large ships lost worldwide last year. Total losses down 50% over 10 years. Number of shipping incidents (2,703) declines year-on-year. Shipping industry remains resilient through pandemic, but mega-ship, supply chain and climate challenges loom large. Suez Canal incident shows ever-increasing vessel sizes continue to pose a disproportionately large risk with costly groundings and salvage operations. High number of fires and containers […]

YouTrip also revealed Singaporean users’ top 10 overseas shopping sites in the past 12 months, with international marketplaces being key drivers of cross-border spending Purchases of bikes and K-pop merchandise saw standout growth, more than doubling and tripling in transactions of their respective products SINGAPORE – Media OutReach – 28 July 2021 – YouTrip, Singapore’s leading multi-currency wallet, registered an 84% year-on year increase in online overseas purchases by […]

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