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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2026 – Running shoes brand Xtep has announced that it will form a joint venture with Bonia, a distributor with over 50 years of market expertise in Malaysia, to jointly develop the Malaysian market. Analysts indicate that this move will accelerate Xtep’s drive to become the leading running brand in Southeast Asia. Notably, this new strategic direction also involves an adjustment to Xtep’s previous business cooperation model in Malaysia. In line with Xtep Group’s overall strategic shift, the company’s business model in Malaysia will be upgraded from a single exclusive distribution arrangement to a muti-channel setup. The former exclusive distributor, VGO, will transition to a “non-exclusive distributor” and remain a key partner for Xtep in deepening its local market presence. Before Xtep’s partnership with Bonia, VGO served as Xtep’s exclusive partner in Malaysia. As the initial partner facilitating Xtep’s entry into the Malaysian market, VGO laid a solid foundation for the brand’s successful entry. Xtep will continue its collaboration with VGO to advance the Xtep brand’s development through channels where VGO holds particular strength. Meanwhile, Bonia will focus on maximizing Xtep’s brand visibility in Malaysia’s core commercial districts and running brand hubs.

Xtep Expands Overseas: Deep Restructuring of Malaysian Channels Marks Entry into Intensive Global Strategy Phase
Xtep Expands Overseas: Deep Restructuring of Malaysian Channels Marks Entry into Intensive Global Strategy Phase

Chinese media reports highlight Malaysia as Xtep’s springboard for expansion into Southeast Asia, emphasizing that this business model transformation is crucial for implementing the “Chinese Root, World-Class Running Shoes” strategy proposed in 2022. Bonia’s sales network spans Malaysia, Singapore, Indonesia, Thailand, and other Southeast Asian markets. The company maintains strong, stable relationships with major shopping centers in these countries, possesses deep insights into local consumer needs, and has solid cross-border retail operation capabilities.

The first store under Xtep’s partnership with Bonia opened in Mid Valley Megamall, Kuala Lumpur. According to Xtep, this3,262-square-foot professional running flagship store displays performance running products by function and features services such as a trial running zone and foot shape and gait analysis, allowing runners to experience world-class running technology. This store also showcases stories of local runners and photos from local running events to enhance runners’ sense of belonging.

Running culture in Malaysia is maturing. Data from the World Bank and Euromonitor International shows that Malaysia has the largest sportswear and footwear market in Southeast Asia. The Malaysian Sports Culture Index 2023 survey revealed that 63% of respondents cited jogging as their favorite sport. In terms of road racing popularity, the 2024 Kuala Lumpur Standard Chartered Marathon attracted over 40,000 participants.

Xtep entered the Malaysian market in 2024 and has consistently employed an operational strategy of “Professional-to-mass influence” coupled with a cultural strategy of “adapting to local conditions”. The brand has connected with local consumers through events and running communities. During its partnership with VGO, Xtep organized several large-scale running events in Malaysia, including the “10KM Time Challenge” held in Penang in August 2024, which attracted top athletes from Indonesia, Singapore, Uganda and Kenya. With Malaysia emerging as a strategic hub for international growth, Xtep envisions the country as both a blueprint for overseas expansion and a dynamic showcase of its running heritage.

Hashtag: #Xtep

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

A software flaw in Apple’s iOS 26 has caused photographs shared from Android devices to display with an unexpected red tint when viewed on iPhones, triggering complaints across user forums and social platforms and underscoring persistent friction between the two mobile ecosystems. Users began reporting that images sent from Android phones via common messaging and sharing methods appeared noticeably warmer or reddish on iPhones running iOS 26, […]

Apple will pay an estimated $1 billion a year for access to Gemini’s large language models, instantly extending Google’s AI reach across one of the most powerful consumer ecosystems on the planet. I believe the Apple-Google AI alliance marks the moment artificial intelligence stops being a story about potential and starts becoming a story about profits. For more than a decade, investors rewarded ambition, vision and experimentation. […]

HONG KONG SAR – Media OutReach Newswire – 14 January 2026 – Initiated by Ge Jun, Chairman and CEO of TOJOY Enterprise Services, Shape the Era, Pioneer the Times — Ge Jun 2026 New Year Eve’s Talk was grandly held at the Guangzhou Baiyun International Convention Center. At the crossroads of 2025 and 2026, more than a thousand entrepreneurs, founders, and distinguished guests gathered for this landmark intellectual event—one that blended trend foresight, humanistic reflection, and purposeful recharging. Together, they listened to the narrative of the times, and explored the path to becoming true pioneers of the era.

The “Ge Jun 2026 New Year Eve’s Talk” was grandly held in Guangzhou, bringing together prominent business leaders and more than 1,000 entrepreneurs to share insights on the AI revolution, economic transformation, and the future pathways of high-quality development.
The “Ge Jun 2026 New Year Eve’s Talk” was grandly held in Guangzhou, bringing together prominent business leaders and more than 1,000 entrepreneurs to share insights on the AI revolution, economic transformation, and the future pathways of high-quality development.

From Hidden Cornerstones to Transformation Pioneers — Painting the Resilient Foundation of China’s Economy

In his keynote address, Ge Jun outlined a vivid panorama of “Era Pioneers.” The picture encompassed technology trailblazers riding the crest of the AI wave, transformation leaders revitalizing traditional industries, and countless unsung yet indispensable cornerstone entrepreneurs. Together, these diverse figures revealed an essential truth: regardless of scale or spotlight, true pioneers are those who continuously create value in their fields.

“If these stories from across the country are not shared more widely, it would be unfair to the entrepreneurial community—and irresponsible to our times.” Ge remarked with conviction. Over the past six years, he has traveled across the country, engaging with countless SME founders. In his view, it is precisely these resilient, often unsung enterprises that underpin the most authentic strength and enduring warmth of China’s economy.

A New Generation Takes the Stage — Writing New Answers with New Tools

Midway through the address, Ge shifted focus to the rising generation of entrepreneurs. He depicted their multifaceted profiles, and emphasized that the new generation is redefining what it means to be an era pioneer. With new perspectives, new tools and new value systems, they inject fresh momentum into the future.

Addressing the critical issue of generational succession in the private economy, Ge highlighted developments ranging from the revival of legacy brands to IP-driven transformation, and revolutionary changes in manufacturing and communications. True succession, as he emphasized, is never a simple replication of experience. It is the continuation of a courageous, innovative spirit, paired with comprehensive renewal of tools, methodologies and connection models.

The Future Is Now — Finding the “Boarding Pass” and “Charging Station” in the AI Era

Standing at the threshold of a new technological revolution, Ge raised a profound question: “As AI redefines the core of productivity, how can enterprises and individuals ensure they are not left behind?”

In response, he laid out three crucial action pillars, forming a clear strategic framework for enterprises to navigate transformation and unlock new growth:

All Things Reborn — Every industry can be renewed with new technologies and new ways of thinking. New value always emerges from the reshaping and integration of traditional business models.

Local-Driven Prosperity — By deeply cultivating local markets, leveraging regional advantages and policy dividends, and building competitiveness within the dual-circulation framework, enterprises can realize “globalization at their doorstep.”

Purposeful Recharging — In an age of accelerating technological changes, emotional connection and the shared pursuit of meaning are becoming the ultimate “charging stations,” something AI can never replace.

According to relevant reports, this New Year Eve’s Talk marks an important milestone in Ge Jun’s ongoing commitment to empowering the entrepreneurial community. In this year’s Grain Rain season, he will continue to provide forward-looking perspectives and long-term growth companionship for entrepreneurs navigating an increasingly complex era.

Hashtag: #TOJOY

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

MoU signing and Malaysia Book of Records recognition underscore sustained consumer trust for ELDON, at a time when Malaysians are paying closer attention to sleep, stress and lifestyle balance

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2026 – Malaysian media personality Chan Fong and singer-actor Henley Hii have been appointed brand ambassadors for Malaysian health and wellness brand Eldon Healthcare, also known as ELDON, reflecting the brand’s mission to provide relatable, real-life health advocacy for modern Malaysians.

Eldon formalises brand ambassador partnership with Malaysian media personalities Chan Fong and Henley Hii
Eldon formalises brand ambassador partnership with Malaysian media personalities Chan Fong and Henley Hii

The appointment comes at a meaningful milestone for ELDON, a consumer health and wellness brand of the Pharm-D Health Science group, following Malaysia Book of Records’ recognition for one of its flagship products, ELDON DX MAGELAX, as the most magnesium glycinate capsules sold in Malaysia.

Introduced to the Malaysian market in 2020, ELDON DX MAGELAX was among the earliest magnesium glycinate supplements registered with the National Pharmaceutical Regulatory Agency (NPRA). At a time when awareness of magnesium was still limited, ELDON played an early role in familiarising consumers with magnesium glycinate, now widely recognised for its absorption profile and gentle tolerability, and and known for supporting muscle relaxation, migraines and sleep-related concerns such as insomnia. This Malaysia Book of Records recognition reflects not only strong sales performance, but also growing accessibility and consumer trust.

According to Wong Chin Cheang, Group Managing Director of Pharm-D Health Science, the appointment of the brand ambassadors, alongside the Malaysia Book of Records recognition for ELDON DX Magelax, reflects a broader milestone in the group’s long-term journey.

“ELDON’s growth reflects what we stand for as a group: building Malaysian health brands that are grounded in science, scaled responsibly, and trusted by the public over time,” he said. “Achievements like these are not only about the scale or numbers alone, but also consistency, credibility, and serving real needs in the community.”

Brand Ambassadors grounded in the real Malaysian health and lifestyle

Malaysian media personalities Chan Fong and Henley Hii are well-known Malaysian public figures with strong audience connections across lifestyle and entertainment circles. Grounded, busy and active in ways many Malaysians relate to, they were chosen for their strong alignment with ELDON’s brand philosophy, which inspires practical wellness habits, including prioritising better rest, sleep quality and a balanced lifestyle.

This partnership taps into post-COVID trends where three in four Malaysians prioritise holistic health, as national conversations continue to encourage prevention and healthier routines.

“This partnership feels personal because it is based on real routines,” said Chan Fong. “Whether you are working late, juggling responsibilities, or simply trying to keep up with life, your daily habits matter. I appreciate that ELDON’s approach is practical and grounded.”

Henley Hii added, “A lot of people think wellness has to look perfect, but most of us are just trying to be consistent. I am excited that this is a long-term partnership because real habits take time, and it is about showing up repeatedly.”

ELDON: a Malaysian consumer health brand shaped by purpose and scale

Fully homegrown in Malaysia, Eldon Healthcare is a wholly owned subsidiary of Pharm-D Health Science, an integrated Malaysian pharmaceutical and consumer health group of companies committed to advancing evidence-based health solutions across different life stages. ELDON represents the group’s consumer health pillar, which focuses on translating scientific expertise into accessible, everyday health and wellness solutions.

For ELDON, the focus has always been on building credibility steadily through quality formulation, transparent sourcing, and wide accessibility through pharmacies, clinics, and healthcare partners across Malaysia and Singapore.

“ELDON was never built to chase hype,” said Kenn Siaw, Chief Executive Officer of Eldon Healthcare. “Our responsibility is to create sustainable health solutions that people can rely on. The Malaysia Book of Records recognition is meaningful to ELDON because it reflects a strong trust from consumers, pharmacists, and healthcare partners.”

He added that the appointment of Chan Fong and Henley Hii represents the next phase of the brand’s journey: “They represent the realities of modern Malaysian life, demanding schedules, family responsibilities, and the need to stay healthy without overcomplicating things. That’s exactly who ELDON exists for.”

Looking ahead

With its growing footprint and renewed focus on public engagement, ELDON aims to continue supporting Malaysians who see health not as a luxury but as an essential foundation for everyday living.

Together, the appointment of brand ambassadors and Malaysia Book of Records recognition mark not just a celebration but a stronger commitment from both the company and the brand to continue delivering consistent, trustworthy health solutions.

This milestone adds to Pharm-D Health Science’s growing track record of national recognitions, as its probiotic brand Lang Bragman, was recently also being recognised by the Malaysia Book of Records as the Largest Range of Homegrown Probiotic Products in Malaysia.
Hashtag: #EldonHealthcare #Eldon #EldonMagelax #MalaysiaBookofRecord #MostMagnesiumGlycinateCapsulesSoldInMalaysia #MagnesiumGlycinate #Migrane #Insomia #magnesium #albion #BetterRest #BetterSleepQuality #glycinate #activelifestyle #Ambassador #ChanFong #HenleyHii #PharmDHealthScience



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

About ELDON

ELDON is a Pharm-D Health Science consumer health and wellness brand offering a wide range of science-based health solutions across nutritional supplements, functional food, skincare, personal care, and medical-adjacent products.

With partnerships and distribution spanning 2,000+ retail pharmacies and 100+ clinics across Malaysia and Singapore including digital health platform , ELDON is committed to quality, relevance, and accessible care for everyday health and wellness needs.

Learn about ELDON here:

About Pharm-D Health Science

Founded in 2001, Pharm-D Health Science (PDHS) is an integrated Malaysian pharmaceutical and consumer health group of companies specialising in pharmaceuticals and consumer health products. Its portfolio includes trusted, high-quality brands such as ELDON, VALENS, CMD, Lang Bragman, Reflux-G, Retane, and more.

Guided by its mission to make health and wellbeing accessible through science, the Group operates across research, development, manufacturing, and commercialisation to deliver science-based health solutions spanning across rare diseases, pharmaceuticals, medical nutrition, nutraceuticals, skincare and microbiome research.

Learn more about Pharm-D Health Science here:

Apple has rolled out a new subscription package aimed at video producers, podcasters and social media professionals, launching a “Creator Studio” bundle priced at $12.99 per month as the company deepens its push into the creator economy and recurring services revenue. The bundle brings together a suite of Apple-developed applications focused on video editing, audio production and graphics, integrating tools that were previously sold separately or bundled […]

Beyond Balance: The Next Regime

HONG KONG SAR – Media OutReach Newswire – 13 January 2026 – Today, KGI has released its 2026 Global Market Outlook, covering markets in the US, Mainland China, Hong Kong, Taiwan, and Singapore.

(From left) James Chu, Chairman at KGI Securities Investment Advisory; James Wey, Head of International Wealth Management at KGI; Cusson Leung, Chief Investment Officer at KGI
(From left) James Chu, Chairman at KGI Securities Investment Advisory; James Wey, Head of International Wealth Management at KGI; Cusson Leung, Chief Investment Officer at KGI

After a turbulent year of trade disruptions and policy uncertainty under President Trump, investors face new questions. China has unveiled its 15th Five-Year Plan, as policymakers aim to support domestic growth amid global challenges. The market outlook for 2026 is shaped by interest rate decisions, economic resilience, and shifting international dynamics.

Under this backdrop, we propose the “LEAD” strategy for 2026:

  1. Liquidity Shift
  2. Earnings Focused
  3. Adding Credit
  4. Diversified Assets

Cusson Leung, Chief Investment Officer at KGI, says: “Looking ahead to 2026, investors can adopt a LEAD strategy: L ​​stands for Liquidity Shift, benefiting from a weakening US dollar and interest rate cuts, with funds expected to flow to non-US dollar and Asian currencies; E stands for Earnings Focused, focusing on earnings growth to support valuations and allocating to US, European, and Japanese stocks; A stands for Adding Credit, locking in the credit of leading companies and increasing holdings of A-rated investment grade bonds; and D stands for Diversified Assets, responding to the upward trend in both stocks and bonds by including alternative assets to optimize asset allocation.”

Macro & US Markets
The US economy will experience a more pronounced downturn in 4Q25, which will extend into 1H26, and this will have a negative impact on consumption, slowing investment activity. Nevertheless, AI-driven productivity gains should provide some support, with US GDP growth in 2026 forecast at 2.2%. The eurozone will see moderate growth, with Germany benefiting significantly from fiscal expansion and economic improvement. Japan’s economy will strengthen on domestic demand, aided by additional fiscal stimulus. China has demonstrated resilience under trade protectionism in 2025. With inflation risks easing and labor market risks rising, the US Fed cut the interest rates in September 2025, with a total reduction of 75 bps in 2025, followed by an additional 50-75 bps in 2026.

Regarding US stocks, AI-driven productivity gains and cost reductions should sustain solid profitability, with S&P 500 earnings projected to grow by 13.55% year-on-year (YoY) in 2026. However, higher risk premiums may cap valuation upside, leading us to project a year-end target of 7,650 points. Market performance will reflect risk-driven declines in 1Q26, stabilize and recover in 2Q26, and rally significantly around the midterm elections in 4Q26. By sector, among AI-related themes we favor technology, semiconductors, utilities (on higher power demand), machinery for advanced manufacturing, and industrial REITs. Non-AI beneficiaries include aerospace and defense (on higher military spending), pharmaceuticals (on tariff benefits), and capital market segments (supported by active investment banking). As for fixed income, US economic weakness and Fed rate cuts will drive Treasury yields lower, with 10-year yields expected to fall to 3.5-3.7% by 2Q26. We recommend allocating to US Treasuries or high-rated investment-grade corporate bonds in 1H26, then rotating into high-yield bonds in 2H26 as policy rates and economic conditions reach a bottom.

James Chu, Chairman at KGI Securities Investment Advisory, says: “AI is triggering a new productivity revolution, supporting economic growth and strengthening corporate earnings. While the US economy is expected to slow, a recession remains unlikely, and the short-term impact of tariff policies should gradually fade by the first quarter of 2026. Although the Fed may shift from cutting rates at every meeting to cutting at alternating meetings, the overall environment remains a rate-cutting cycle. In a non-recession backdrop, lower interest rates should continue to support equity market performance.”

Mainland China and Hong Kong Markets
In terms of the macroeconomy, with the conclusion of trade agreements among many countries, risks have subsided. However, due to external drag, China’s GDP growth is expected to slow slightly to 4.6% in 2026. In 2026, investors should focus on four key areas for Hong Kong and mainland China markets: (1) In the consumption sector, domestic demand continued to be the core growth driver, contributing more than half of GDP. As the “trade-in” effect diminishes, the central government is expected to implement the “15th Five-Year Plan” and economic conference plans, launching a new round of subsidies covering culture, entertainment, and sports to continuously boost consumer spending. (2) In the financial market, risk appetite has increased. Given the narrowing spread between bond yields and fixed deposit rates, large amounts of savings are flowing into the capital market seeking returns. The fundamentals of the banking and insurance industries have bottomed out, and the credit structure is accelerating its shift from real estate to supporting the real economy. (3) Regarding the issue of “anti-involution,” the PPI remains weak, and capacity reduction has become a focus. Compared to 2015, this round involves more downstream private enterprises and needs to consider employment, presenting greater challenges. While industry consolidation is expected to be lengthy, the impact is controllable and beneficial for long-term healthy development. (4) Regarding new quality productive forces, this will replace real estate and infrastructure as the main investment focus. Digital infrastructure supports AI and embodied intelligence, and humanoid robots are expected to see commercialization in 2026, “iPhone moment.” Leading companies with core technological autonomy in innovative drugs will enjoy higher valuation premiums.

Overall, we are optimistic on Hang Seng Index. We expect the Federal Reserve’s interest rate cuts to drive fund inflows to the Hong Kong and mainland stock markets. Based on an upward revision of the forward PE ratio to 13.5x and 8% earnings growth, we set a target of 30,000 points for the Hang Seng Index by the end of 2026, representing a potential upside of approximately 14%. As confidence recovers, the investment style is expected to shift from defensive to growth stocks. Recommended 12 stocks: XPeng Motors (9868), UBTECH (9880), Tencent Holdings (700), Alibaba (9988), China Hongqiao (1378), AIA Group (1299), Ping An Insurance (2318), China Merchants Bank (3968), Akeso Biopharma (9926), Pop Mart (9992), Tencent Music (1698), and Sino Land (83).

Cusson Leung, Chief Investment Officer at KGI, says: “2026 marks a crucial turning point for the Chinese economy. While the market anticipates GDP growth to slow to 4.6%, “new quality productive forces,” resembling humanoid robots, is taking over as a new growth engine. The most critical signal in the market is the “awakening” of idle cash—massive savings are flowing from low-interest fixed deposits to the capital market seeking returns. With risk appetite returning and policy support intensifying, now is the time to shift investment strategies from “defensive” to “growth.” Driven by both valuation repair and earnings growth, we are optimistic that the Hang Seng Index will reach 30,000 points, and the allocation value of Hong Kong and mainland China stocks has reappeared.”

Taiwan Market
Compared to the dot-com era bull run, which lasted almost five years, the current AI frenzy has been around for about three years, suggesting that the uptrend is still in its middle phase and could extend through 2026.

AI plays are trading at high PEs, such valuations are backed by strong fundamentals. In fact, the PEG ratio of Taiwan’s AI supply chain has yet to surpass 1x. We estimate that aggregate earnings of AI plays will grow by 21% YoY in 2026, following impressive upticks of 35% in 2024 and 43% in 2025. AI stocks now account for more than 60% of TAIEX earnings, and with the ongoing AI arms race, overall TAIEX earnings growth is projected to accelerate from 14% in 2025F to 20% in 2026.

Although the AI frenzy should keep the bull market intact, volatility will rise in tandem due to: (1) substantial cumulative gains, and the fact that valuations are approaching historic highs; (2) policy and political uncertainty surrounding the US midterm elections; and (3) potential changes in the US Fed’s rate-cut pace. We expect the TAIEX to repeat a “smile-curve” pattern, featuring continued strength in 1Q26, followed by healthy corrections in 2Q-3Q26 before closing the year with a renewed upswing.

We think investors need to pay attention to two major themes. The first is a broad-based product spec upgrade trend across the AI supply chain, which will drive the industry into a new growth phase, with beneficiaries including foundries, GPU and ASIC designers, advanced packaging (such as CoWoS), and ODMs, as well as testing interfaces, memory, thermal solutions, CCL, ABF substrates, PCBs, switches, and power component suppliers amid strong AI computing demand and ongoing GPU platform upgrades. The second is diversification and defensive asset allocation. Innovations in consumer electronics, such as foldable iPhones and smart wearables, will provide growth opportunities, while companies with resilient domestic demand and stable high dividend yields offer a balanced strategy combining growth and income. Overall, investors should strike a balance between growth and resilience against volatility in their portfolios, in the face of market fluctuations.

James Chu, Chairman at KGI Securities Investment Advisory, says: “The solid earnings growth driven by AI and still reasonable valuations form a strong foundation for the ongoing bull market in Taiwanese equities. With AI adoption accelerating across enterprises and consumers, demand for computing power is rising rapidly. Yet supply remains constrained by chip and power bottlenecks, meaning hardware suppliers are likely to face continued shortages through 2026. Taiwan’s AI supply chain is set to remain a key beneficiary, particularly those tied to next-generation specification upgrades.”

Singapore Market
In 9M25, the overall performance of Singapore’s economy was better than expected as the global trade tensions eased after the US pivoted on its reciprocal tariffs and reached deals with its major trading partners. The manufacturing, wholesale trade and finance & insurance sectors remained the growth pillars of the Singapore economy, and each sector delivered decent growth. In particular, manufacturing’s growth has been robust, driven by the electronics, transport engineering and biomedical manufacturing clusters. The full year outlook is upbeat, as the growth momentum shall continue till the end of the year.

Looking ahead, the global economic outlook for 2026 suggests slower GDP growth for most of Singapore’s key trading partners, including China and the Eurozone, largely due to the impact of US tariffs, which will temper demand for Southeast Asian exports, though US growth is expected to remain resilient from AI investment. Consequently, Singapore’s outward-oriented sectors, particularly manufacturing and trade-related services, are projected to expand at a slower pace than in 2025, although the electronics and related sectors will benefit from AI demand, while some precision engineering and biomedical output may moderate domestically, the construction sector is set to grow, but consumer-facing sectors are likely to remain subdued. However, the relatively low interest rates and continuous government support shall buffer the impact of the slowdown, and the capital market will still benefit from the upward re-rating catalysts.

Chen Guangzhi, Head of Research at KGI Singapore, says: “Thanks to trade de-escalation and the AI wave, Singapore experienced significant economic expansion in 2025. Proactive government initiatives turbo-charged the equity bull run, and this strong momentum is expected to deliver an optimistic economic outlook for 2026.”
Hashtag: #KGI #MarketOutlook




Wechat: KGI 凱基

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

KGI

KGI* has been a leading financial institution in Asia since 1997. Our scope of business encompasses wealth management, brokerage, fixed income, and asset management. We are committed to offering a comprehensive range of financial products and services to corporate, institutional, and individual clients throughout Asia. Backed by KGI Financial Group, we have a robust footprint in Asia, covering Taiwan, Hong Kong, Singapore, Indonesia, and Thailand^.

*KGI refers to KGI Asia Limited and its affiliates.
^an investee enterprise of KGI Securities, not a subsidiary.

DISCLAIMER
All the information contained in this document is not intended for use by persons or entities located in or residing in jurisdictions which restrict the distribution of this document by KGI Asia Limited (“KGI”), or any other affiliates of KGI. Such information shall not constitute investment advice, or an offer to sell, or an invitation, solicitation or recommendation to subscribe for or invest in any securities, insurance or other investment products or services nor a distribution of information for any such purpose in any jurisdiction. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America, or to or for the benefit of United States persons (being residents of the United States of America or partnerships or corporations organised under the laws of the United States of America or any state, territory or possession thereof). All the information contained in this document is for general information and reference purpose only without taking into account of any particular investor’s objectives, financial situation or needs and may not be redistributed, reproduced or published (in whole or in part) by any means or for any purpose without the prior written consent of KGI. Such information is not intended to provide any legal, financial, tax or other professional advice and should not be relied upon in that regard.
All investments involve risks. The prices of securities fluctuate, sometimes dramatically. The price of a security may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling securities.
Bond investment is NOT equivalent to a time deposit. It is NOT protected under the Hong Kong Deposit Protection Scheme. Bondholders are exposed to a variety of risks, including but not limited to: (i) Credit risk – The issuer is responsible for payment of interest and repayment of principal of bonds. If the issuer defaults, the holder of bonds may not be able to receive interest and get back the principal. It should also be noted that credit ratings assigned by credit rating agencies do not guarantee the creditworthiness of the issuer; (ii) Liquidity risk – some bonds may not have active secondary markets and it would be difficult or impossible for investors to sell the bond before its maturity; (iii) Interest rate risk – When the interest rate rises, the price of a fixed rate bond will normally drop, and vice versa. If you want to sell your bond before it matures, you may get less than your purchase price. Do not invest in bond unless you fully understand and are willing to assume the risks associated with it. Please seek independent advice if you are unsure.
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President Donald Trump said on Monday that any country conducting business with Iran would face a 25% tariff on trade with the United States, signalling a sharp escalation in Washington’s economic pressure as the White House weighs its response to unrest inside Iran marked by widespread anti-government protests. The warning was delivered via a post on Truth Social, where Trump said the measure would take effect immediately […]

Abu Dhabi has constituted the board of its new sovereign investment platform, L’IMAD Holding Company, marking another step in the emirate’s drive to broaden revenue streams and deepen its presence in global deal-making. The formation of the board, announced by the Abu Dhabi Media Office, places the vehicle alongside a growing roster of state-backed investors tasked with deploying capital across sectors seen as strategic to long-term growth. […]

NAIROBI, KENYA – Media OutReach Newswire – 13 January 2026 – Swiss-Belhotel International, has signed a management agreement for The Gama by Swiss-Belhotel, Kilimani, Nairobi, with Albushra Real Estate Limited, marking the global debut of its newest brand concept and underscoring the group’s strategic expansion across Africa. The latest signing builds on the group’s established presence in East Africa, where Swiss-Belhotel International operates multiple properties.

Mr. Laurent A. Voivenel, Senior Vice President – Operations & Development, EMEA and India, Swiss-Belhotel International and Dr. Sheikh Mohamed Shakul, CEO of Albushra Real Estate Limited
Mr. Laurent A. Voivenel, Senior Vice President – Operations & Development, EMEA and India, Swiss-Belhotel International and Dr. Sheikh Mohamed Shakul, CEO of Albushra Real Estate Limited

Scheduled to open within the next 12 months, The Gama by Swiss-Belhotel, is strategically located in Kilimani, one of Nairobi’s most dynamic and sought-after districts. It features 155 well-appointed guest rooms, complemented by an extensive range of lifestyle and business facilities, including two food and beverage outlets, a fully equipped gym, a rooftop swimming pool, a dedicated ladies’ sauna, and expansive ballroom and meeting facilities.

Dr. Sheikh Mohamed Shakul, CEO of Albushra Real Estate Limited, said: “The Gama by Swiss-Belhotel represents a bold and future-focused development for Nairobi. Our vision was to create a modern hospitality and lifestyle destination that reflects the energy of the city while meeting the evolving expectations of today’s traveller. Partnering with Swiss-Belhotel International, with its global expertise and strong operational standards, ensures that this project will set a new benchmark in the market.”

Mr. Gavin M. Faull, Chairman and President of Swiss-Belhotel International, added: “The launch of The Gama by Swiss-Belhotel marks a significant milestone for our group as we introduce a new brand to our global portfolio. Africa continues to be a key focus market for Swiss-Belhotel International, and Nairobi, in particular, offers tremendous potential. This signing reflects our confidence in the city’s long-term growth and our commitment to delivering brands that are relevant, contemporary, and market-driven.”

Highlighting the strategic importance of the project, Mr. Laurent A. Voivenel, SVP – Operations & Development, EMEA and India, Swiss-Belhotel International, stated: “The Gama by Swiss-Belhotel has been carefully conceptualised to resonate with the next generation of travellers – those seeking authenticity, smart design, and social connectivity without compromising on comfort or service quality. This signing not only strengthens our footprint in Kenya but also underscores our broader expansion strategy across Africa and emerging markets.”

Hashtag: #swissbelhotel #swissbelhotelinternational #thegamabyswiss-belhotel #hotelkenya #hotelnairobi #kenya #nairobi




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

Arabian Post Staff -Dubai Emirates NBD Bank, the UAE’s second largest lender by assets, has taken a step towards expanding the domestic capital markets by mandating its debut dirham-denominated Regulation S three-year fixed-rate digitally native notes, marking a move that blends traditional funding with blockchain-enabled issuance infrastructure. The planned transaction signals growing confidence among regional issuers in digital settlement frameworks while maintaining alignment with established international clearing […]

Arabian Post Staff -Dubai Shares of Larsen & Toubro fell sharply in early trading on January 13, extending losses after reports indicated that Kuwait is weighing the cancellation of oil and gas project tenders with an estimated value of $8.7 billion, a development that unsettled investors exposed to the company’s hydrocarbons order book. The stock dropped close to 3 per cent during morning deals, touching a one-month […]

HARBIN, CHINA – Media OutReach Newswire – 12 January 2026 – On 10 January, the inaugural “HIT-Cambridge-Oxford Cup” Ice Dragon Boat International Friendship Race was held in Harbin, China’s “Ice City”. Fourteen teams participated, representing University of Oxford, University of Cambridge, Harbin Institute of Technology (HIT), other C9 League universities, as well as institutions from Hong Kong and Macao, competing in this exhilarating event.

The opening ceremony of "HIT-Cambridge-Oxford Cup" Ice Dragon Boat International Friendship Race
The opening ceremony of “HIT-Cambridge-Oxford Cup” Ice Dragon Boat International Friendship Race

“This is incredible!” said Edward Townsend, a Cambridge student, his cheeks rosy from the cold wind and his eyes gleaming with excitement after an intense ice dragon boat race. “In the UK, the lowest temperature is around -5°C, but here it’s over -20°C. At first, we had no idea about ice dragon boating, but it’s more than just physical; it’s a test of teamwork. We’ve rowed on the River Cam, but this is our first time racing dragon boats on ice in China.”

“The biggest challenge is the technique difference. Ice dragon boating tests your core and upper body, while water rowing is more about the legs,” said Daniel Foran from Oxford. “But this challenge brought us closer as a team, and the HIT coaches were incredibly supportive, showing us how to use our strength effectively.”

"HIT-Cambridge-Oxford Cup" Ice Dragon Boat International Friendship Race
“HIT-Cambridge-Oxford Cup” Ice Dragon Boat International Friendship Race

“Ice dragon boating has really shown me how sports can bring the world closer, making distance feel almost irrelevant,” said Na Boshi, a student at HIT who is competing in his third ice dragon boat race. “In the past, the event was mainly an opportunity to connect with students and faculty from other C9 universities in China. This year, however, it felt even more exciting, as we welcomed teams from Oxford, Cambridge, and universities in Hong Kong and Macao. HIT’s athletic programmes are becoming increasingly international, creating an incredible platform for cultural exchange and mutual learning.”

“In Chinese culture, the dragon boat symbolises unity, progress, and excellence, values that resonate with the British ideals of courage, courtesy, and responsibility,” said Chen Jie, HIT Party Secretary. “Although China and the UK are at opposite ends of the Eurasian continent, this event bridges Oxford and Cambridge’s century-old rowing tradition with HIT’s engineering legacy and fosters cultural understanding between our youth.”

Beyond the competition, the cultural exchange was equally vibrant. Participants had the chance to visit Harbin Ice-Snow World, feed Siberian tigers up close, taste traditional Northeast Chinese cuisine, and explore the century-old Chinese Baroque district. These immersive experiences gave the foreign students a new and deeper understanding of China.

As a leading engineering university in China, HIT’s hosting of the event was more than a sports competition; it was an effort to explore new pathways for opening up higher education in today’s complex international landscape.

Hashtag: #HIT

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

Average petrol prices across the United States have dropped to about $2.79 a gallon, marking the lowest national level in roughly five years and delivering tangible relief to households after a prolonged period of volatility at the pump. Data compiled from nationwide fuel surveys show the decline has been broad-based, with most states reporting steady week-on-week falls as winter demand ebbs and supply conditions improve. The slide […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 12 January 2026 – Ho Chi Minh City Development Commercial Bank (HDBank, ticker symbol: HDB) has successfully issued a second tranche of international green bonds worth US$50 million to the Dutch Entrepreneurial Development Bank (FMO) and British International Investment (BII), the UK’s development finance institution and impact investor, completing its $100 million international green bond initiative in 2025.

HDBank's international green bond programme strengthens funding diversification and supports sustainable, green and inclusive finance initiatives in Vietnam.
HDBank’s international green bond programme strengthens funding diversification and supports sustainable, green and inclusive finance initiatives in Vietnam.

The announcement was made at “The USD100 Million Green Bond Issuance Disclosure Ceremony” recently held between HDBank and its green bond investors including FMO, BII and the International Finance Corporation (IFC) – a member of the World Bank Group in the presence of the Deputy Consul General of the Netherlands and representatives from the British Consulate General in Ho Chi Minh City.

The bonds included $30 million privately issued to FMO and $20 million to BII. The first tranche was issued to IFC, which facilitated the participation of FMO and BII in the second tranche.

The bonds have a three-year term, are non-convertible and unsecured and issued without warrants.

Nguyen Huu Dang, HDBank’s CEO, said: “Sustainable development goals lie at the heart of HDBank’s strategy, which is centred on delivering the best value for customers, partners and the community. This international green bond initiative marks an important stepping stone on our journey towards achieving those goals.”

The issuance help diversify HDBank’s funding sources, support its sustainable growth strategy and create a foundation for it to continue attracting additional international capital for green finance, sustainable development and inclusive finance initiatives in Vietnam.

This, in turn, helps customers access capital to deploy solar energy projects, electric vehicles, green buildings, and other energy-saving solutions.

Projects financed by the green bond proceeds must undergo rigorous screening, meet environmental and social risk management requirements, and comply with eligibility criteria under the Bank’s Sustainable Finance Framework. These projects are expected to reduce approximately 102,000 tons of CO₂ over 10 years, improve environmental quality and contribute to Vietnam’s Net Zero 2050 commitment.

Weichuan Xu, IFC’s lead for the Financial Institutions Group in Vietnam, Cambodia and Lao PDR, said the issuance marked a significant step in expanding HDBank’s climate finance portfolio and advancing Vietnam’s economic and social progress.

“The funds raised will support projects that foster sustainable industries, generate jobs and strengthen communities,” he added.

Representatives from FMO and BII also highlighted the transaction as a strong signal of the growing readiness and potential of Vietnam’s sustainable finance ecosystem, helping attract more capital for climate-responsible projects.

With this milestone, HDBank reinforces its commitment to sustainable finance and the long-term prosperity of its customers, partners and the community, while expanding its presence on the global financial map.

Hashtag: #HDBank

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

New targets outlined for 2030 following the successful conclusion of the 25×25 sustainability targets

HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 12 January 2026 – Hang Lung Properties Limited (SEHK stock code: 00101) (“Hang Lung” or the “Company”) today announces a new phase in its sustainability journey, unveiling 20 refreshed 2030 targets that build on its success in achieving its 25 x 25 Sustainability Targets.

EN.PNG

Launched in 2021, the 25 x 25 targets defined Hang Lung’s agenda to the end of 2025 across four priorities: Climate Resilience, Resource Management, Wellbeing, and Sustainable Transactions. The Company has achieved its earlier ambitions, and exceeded targets related to greenhouse gas emissions reduction, renewable energy, and energy efficiency. Establishing such a concrete and robust set of targets also helped the Company develop practices in sustainability innovation and continual improvement.

Building on this success, now with expanded data, greater organizational maturity, and heightened ambition, Hang Lung’s refreshed 2030 targets reflect its position as an industry leader in sustainability.

The 20 targets for 2030 continue to be organized under the four priorities that define Hang Lung’s approach to sustainability, including the below highlights:

  • Climate Resilience: Among the first real estate companies in Asia to have near- and long-term targets fully aligned with the Science Based Target initiative’s Buildings Criteria and its emission reduction pathway (1.5°C). Also, Hang Lung is the first real estate company in Asia to establish a Climate Value-at-Risk target.
  • Resource Management: The first real estate company in Asia to formulate a target for biodiversity net gain (10%) on all new development projects and major renovations, supporting urban ecosystems and enhancing green spaces.
  • Wellbeing: Generate at least HK$40 million in social value through community investments.
  • Sustainable Transactions: Collaborate with tenants representing 25% of our leased floor area through our sustainability partnerships program.

Collaboration across the value chain remains central to Hang Lung’s approach, extending beyond traditional metrics. Hang Lung aims to partner with suppliers and tenants through quantifiable targets to drive progress upstream and downstream. In addition, the Company is committed to supporting innovation in standards development to facilitate impactful sustainability initiatives across sectors and jurisdictions.

Mr. Adriel Chan, Chair of Hang Lung Properties and Chair of the Sustainability Steering Committee, commented: “We are excited to embark on this next phase of our sustainability journey, reflecting Hang Lung’s growing role not just as a leader in sustainability action, but also in sustainability thought leadership. By working closely with partners across our value chain, we are confident that we can deliver on these commitments and continue to foster excellence in sustainable development in Asia.”

Mr. John Haffner, Deputy Director – Sustainability, added: “Over the past several years, we have seen how ambitious targets focus our efforts and help develop a culture of innovation. Building on our achievements and lessons learned, our 2030 targets are sharper and more data-driven, and will help us achieve greater impact in our communities.”

Full details of the 25 x 25 wrap-up and the new 2030 targets will be shared in Hang Lung’s 2025 Sustainability Report to be released in March. The report will provide further insights into the Company’s achievements, lessons learned, and emerging plans to support the refreshed 2030 targets, inviting partners and the wider public to join forces in shaping a sustainable future.

Appendix
Overview of 2030 Sustainability Goals and Targets

Priority 2030 Goals 2030 Targets
Climate Resilience

Reduce carbon footprint in line with science and adapt to a changing climate

1. In-use operational emissions: 56.1% per m2 reduction in scope 1, 2 and 3 in-use operational GHG emissions of owned and leased buildings from a 2023 base year.
2. Upfront embodied emissions: 42% reduction in upfront embodied emissions from a 2023 base year.
3. Renewable electricity: 70% of our landlord’s electricity consumption across the portfolio provided by renewable electricity.
4. Adaptation: 10% reduction in our Climate Value-at-Risk compared to the absence of implemented adaptation measures.
Resource Management

Drive efficient and circular use of natural resources and help regenerate nature

5. Energy Use Intensity: 10% reduction in the landlord’s energy use intensity from a 2023 base year.
6. Operational Waste: 35% recycling of municipal solid waste generated from operating properties.
7. Construction Waste: 90% recycling of construction waste generated from construction sites.
8. Water: 8% reduction in freshwater intensity from a 2023 base year.
9. Biodiversity: 10% biodiversity net gain on all new development projects and major renovations with landscape renovation.
Wellbeing

Foster safe, inclusive and healthy spaces that enhance quality of life for all stakeholders

10. Health and safety: Maintain zero work-related fatalities, serious injuries, and occupational diseases for employees and contractors. Maintain a Lost Time Injury Rate of 1.5 or below for employees and contractors.
11. Indoor air quality: Maintain, more than 90% of the time, PM2.5, TVOC and CO2 levels below levels defined in the RESET Air standard.
12. Employee engagement: Maintain an employee engagement survey rating greater than or equal to the 75th percentile.
13. Diversity: At least 5% of our workforce across the portfolio is comprised of people from diverse backgrounds.*
14. Diversity: Maintain Female-to-Male pay ratio of 1:1; maintain gender balance in management positions.
15. Social impact: Create at least HK$40 million in social value through our community investments.
Sustainable Transactions

Collaborate with key stakeholders across our value chain to advance our sustainability priorities

16. Tenant electricity intensity: Benchmarking provided to 100% of tenants across the Chinese Mainland portfolio and work with tenants towards a 10% reduction in their electricity intensity from a 2023 base year.
17. Tenants: Tenants representing 25% of our leased floor area in applicable Chinese Mainland and Hong Kong properties participate in our tenant sustainability partnerships program.
18. Suppliers: Regularly conduct ESG risk screening for 100% of active suppliers and provide ESG assessments for suppliers covering 50% of spending.
19. Procurement: 15% of spending on operational procurement qualifies as sustainable procurement.
20. Standards development: Undertake at least three innovative initiatives in standards development to help accelerate learning and sustainability impact.

* Our definition of diverse background includes people with disabilities and ethnic minorities.

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.5 million square meters of retail, office, residential, and hotel properties across Hong Kong and mainland China.
The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In mainland China, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.
The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 80% of its operating properties in the Mainland with renewable energy, with a net zero commitment by 2050.
At Hang Lung Properties – We Do It Well.
For more information, please visit .

National Stock Exchange of India has set its sights on filing draft initial public offering documents by the end of March, signalling a decisive step towards a long-anticipated market listing after years of regulatory uncertainty and governance resets.

People familiar with the matter say preparatory work is advancing, with internal approvals and compliance checks being aligned to meet the timeline. The exchange, which dominates equity and derivatives trading in the country, has been seeking to revive its listing plans after earlier attempts were stalled by regulatory scrutiny and leadership changes.

The move hinges on the receipt of a no-objection certificate from the market regulator, Securities and Exchange Board of India, which would clear the way for formal appointments of investment bankers and legal advisers. Those appointments are expected to follow swiftly once regulatory clearance is in hand, allowing the exchange to progress towards a draft red herring prospectus.

A potential filing by the end of March would place the exchange on track for a listing later in the financial year, subject to market conditions and regulatory review. Such a timeline would mark a turning point for the bourse, which has remained unlisted despite being among the world’s largest exchanges by trading volumes.

The exchange’s renewed push comes after a period of structural and governance reforms aimed at addressing issues that emerged earlier in the decade. These included concerns around preferential access to trading systems and lapses in oversight, which led to enforcement actions and delayed the listing roadmap. Since then, the exchange has reconstituted its board, strengthened compliance frameworks, and worked to restore regulatory confidence.

Market participants view the IPO as a significant milestone for capital markets, offering investors exposure to a cash-generative infrastructure asset with a dominant market position. The exchange commands a substantial share of equity derivatives trading globally and has expanded its product offerings across equities, indices, commodities, and data services.

Financial performance has also supported renewed listing ambitions. The exchange has reported steady growth in revenues driven by trading fees, clearing and settlement income, and technology-related services. Operating margins have remained robust, reflecting the scale advantages of its platform and relatively low incremental costs as volumes rise.

Valuation expectations, while not formally disclosed, have been the subject of market discussion for several years. Unofficial estimates have ranged widely depending on assumptions around growth, regulatory constraints, and competitive dynamics. A formal IPO filing would provide the first detailed, regulator-reviewed snapshot of the exchange’s finances, risks, and strategic priorities.

The listing process is expected to draw intense scrutiny from the regulator, given the exchange’s systemic importance and its history. Any draft filing will need to address past issues comprehensively, outline governance safeguards, and demonstrate sustained compliance with regulatory norms. Observers expect the regulator to take a cautious but structured approach, balancing investor protection with the broader objective of deepening capital markets.

For investors, the exchange’s ownership structure adds another layer of interest. Several domestic and global financial institutions hold stakes, some of which have been illiquid for years due to the absence of a public market. An IPO would offer a potential exit route and price discovery mechanism for these shareholders, while also broadening public participation in a key piece of market infrastructure.

Competition in the exchange space has intensified, particularly in derivatives and technology-driven trading solutions. Rival platforms have sought to chip away at market share through pricing, product innovation, and regulatory appeals. Even so, the exchange’s network effects, liquidity depth, and brand recognition continue to underpin its leading position.

Analysts note that the timing of an IPO will also be influenced by broader market conditions. Equity markets have shown periods of volatility, and new listings have faced varying levels of investor appetite. A filing by March-end would allow flexibility to choose a launch window that aligns with sentiment and valuations.

Tether has frozen $182 million worth of its USDT stablecoin across five wallets operating on the TRON blockchain, signalling an assertive enforcement step as the issuer tightens controls around illicit finance risks. The action was executed on January 11, 2026, and followed coordination with law-enforcement and compliance partners, according to people familiar with the move. The freeze places the affected balances beyond transfer or redemption, effectively neutralising […]

Dubai’s financial regulator will bar privacy-enhancing cryptoassets from operating inside its main international finance hub from January 12, 2026, sharpening the emirate’s stance on anti-money laundering and sanctions compliance while tightening how stablecoins can be issued and used. The decision by the Dubai Financial Services Authority applies within the Dubai International Financial Centre and prohibits regulated firms from trading, holding, promoting or facilitating privacy tokens and transaction-obfuscation […]

  UAE authorities and major lenders have warned customers to stay on high alert after disclosures of a dangerous WhatsApp security flaw that can allow attackers to compromise smartphones through a single call, exposing banking credentials, personal data and private communications. Advisories circulated by banks and cyber security teams say the vulnerability exploits the way WhatsApp handles voice calls, enabling so-called zero-day or zero-click attacks that do […]

Germany’s opposition leader Friedrich Merz has suggested that a long-stalled trade agreement between the European Union and India could be clinched by the end of January, injecting momentum into negotiations that Brussels and New Delhi have struggled to close for more than a decade as global supply chains remain under strain from geopolitical frictions.

Speaking at a policy forum, Friedrich Merz said the bloc and India were “closer than many assume” to resolving key differences, adding that the economic case for a deal had sharpened after prolonged disruptions linked to strategic competition between major powers. His comments come as European manufacturers continue to grapple with uneven access to critical inputs following China’s tightening of export controls on minerals vital for electric vehicles, electronics and defence applications.

Negotiations for an EU–India free trade agreement were relaunched in 2022 after an eight-year hiatus, with both sides aiming to expand trade that exceeded €120 billion in goods and services last year. Officials involved in the talks say progress has been made on tariff reductions and rules governing digital trade, though sensitive areas such as agriculture, labour standards and intellectual property remain contentious. Merz’s remarks underscore a growing sense in Berlin and other capitals that the agreement has moved from a strategic aspiration to an economic necessity.

Germany, Europe’s largest economy, has been among the strongest advocates of diversifying trade ties beyond China, particularly after export controls imposed by Beijing on gallium, germanium and graphite created months of bottlenecks for automotive and renewable energy firms. Those controls, introduced amid the broader U. S.–China trade dispute, highlighted vulnerabilities in Europe’s dependence on a narrow set of suppliers for critical raw materials.

Executives in the auto sector say shortages of battery-grade materials last year forced production adjustments and delayed investment decisions. While some supply has since stabilised, industry groups argue that long-term resilience requires deeper partnerships with alternative producers and manufacturing hubs. India, with its expanding industrial base and policy push to attract foreign investment, has emerged as a central pillar of that strategy.

European officials note that the proposed agreement would not only cut tariffs—currently as high as 60 per cent on some vehicles entering India—but also establish clearer rules for public procurement and data flows. For India, the deal promises greater access to the European market for pharmaceuticals, textiles and IT services, while also encouraging technology transfer and skills development.

Trade analysts caution that closing the pact by late January would require political compromises on both sides. European negotiators have pressed for stronger environmental and labour commitments, while Indian counterparts have sought flexibility to protect small farmers and domestic manufacturers. Still, the geopolitical context is shifting calculations. The European Union has accelerated its “open strategic autonomy” agenda, seeking to balance openness with security of supply, and India has signalled willingness to align more closely with Western economies without abandoning its strategic independence.

Merz’s intervention also reflects domestic pressures within Germany, where exporters are seeking new growth markets as demand in China cools. German industry groups have repeatedly urged policymakers to prioritise agreements with fast-growing economies, arguing that delays risk ceding ground to competitors from East Asia and North America.

The broader backdrop includes intensifying scrutiny of China’s role in global supply chains. Beijing has defended its export controls as legitimate measures to safeguard national security and manage resources, but the ripple effects have reinforced calls in Europe for diversification. The European Commission has already launched initiatives to secure access to lithium, cobalt and rare earths through partnerships in Africa, Latin America and Asia, with India seen as both a market and a manufacturing partner.

Diplomats familiar with the EU–India talks say technical chapters are largely drafted, leaving political decisions to bridge remaining gaps. Any agreement would still need approval from member states and the European Parliament, a process that could extend beyond the negotiating deadline even if a political deal is struck.

Towering crocodilians that could rival buses in length once patrolled vast river systems cutting through what is now the Sahara, reshaping scientific understanding of prehistoric ecosystems and predator–prey dynamics during the early Cretaceous Period. Fossil evidence shows these reptiles were not merely oversized versions of today’s crocodiles but apex predators capable of taking on large dinosaurs in a landscape unrecognisable from the modern desert. The most striking […]

African carriers outperformed global peers as air travel demand climbed to a November peak, underscoring a broad-based recovery in cross-border movement and a steady recalibration of airline capacity. International travel drove the expansion, with revenue passenger kilometres rising 7.7% year on year, while total international capacity increased 7.1%, lifting the load factor to 84.0%, the highest recorded for the month. The data point to a market where […]

Moves to prohibit political donations made in cryptocurrency are gathering pace at Westminster, as lawmakers warn that digital assets could be exploited by hostile states and anonymous actors to influence elections and undermine democratic safeguards. Cross-party concern has sharpened following intelligence assessments that flagged the vulnerability of political finance rules to opaque funding channels. Legislators argue that while donations in cash and traditional banking systems are subject […]

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