By Dr. Gyan Pathak The impressive political success of INDIA bloc’s New Delhi Ramlila ground rally on November 1 has clearly established an important milestone in Indian opposition politics. It indicates that this political movement centred round election irregularities, vote theft, and the demand of removal of Chief Election Commissioner (CEC) Gyanesh Kumar is most […]
Artificial intelligence developer Anthropic plans to offer shares worth up to 552.9 billion yen ($3.5 billion) to investors in Japan as part of its proposed US stock market debut, according to a regulatory filing released on Monday. The planned allocation represents a significant international component of the company’s initial public offering, potentially giving institutional and other eligible investors in Japan direct access to one of the largest […]
Kyrgyzstan and Uzbekistan are among Asia’s fastest-growing economies in 2026, with International Monetary Fund projections placing their expansion well above the regional average despite persistent inflation and mounting external risks. The IMF’s October World Economic Outlook database projects growth of 9.0% for Kyrgyzstan and 7.8% for Uzbekistan this year. The figures are forecasts rather than confirmed annual results, and reflect economic conditions and policy assumptions incorporated into […]
Japan is prepared to intervene against disorderly currency movements and excessive speculation, Finance Minister Satsuki Katayama said on Monday, reaffirming close coordination with the United States ahead of its congressional midterm elections.
Katayama said Tokyo would continue operating under its existing understanding with Washington regardless of the election outcome, maintaining a common commitment to orderly foreign exchange markets while each government pursues its own economic objectives.
“We issued a joint statement together, and we will act in line with that,” she told a regular news conference. “If there are disorderly moves or excessive speculative movements, we will take action.”
Her comments came as investors assessed the implications of Tuesday’s American elections for the dollar, US government bond yields and the yen. The vote will determine control of the House of Representatives and Senate, potentially altering President Donald Trump’s legislative prospects.
Katayama stressed that Japan’s engagement with the US Treasury was continuing and that a change in congressional control would not automatically alter the officials responsible for currency discussions. Treasury Secretary Scott Bessent is her American counterpart.
“We have been in constant talks with them and will continue to do so,” she said, emphasising the importance of preventing disruptive movements rather than defending any particular exchange rate.
The yen traded around 157.8 against the dollar on Monday, remaining under pressure as traders weighed the possibility of renewed official efforts to support the currency. Katayama declined to judge whether the prevailing exchange rate was appropriate or to identify a threshold that might trigger official action.
She said market conditions had improved compared with the period when the Japanese currency weakened beyond 160 per dollar. Nevertheless, the government remained concerned about excessive volatility and transactions driven by speculation.
“I believe there is absolutely no wavering on either side in seeking to prevent excessive volatility, speculative moves and disorderly market developments, while pursuing our respective policy objectives,” Katayama said.
The distinction between exchange rate levels and the speed of currency movements is important for Japan’s intervention policy. Officials have repeatedly avoided committing themselves to a fixed dollar-yen rate, leaving room to respond when trading conditions threaten broader financial stability.
Monday’s remarks did not constitute an announcement of fresh intervention. They instead reiterated that the authorities retain the option of action and intend to consult Washington when necessary to preserve confidence in the functioning of international currency markets. Neither government disclosed a new operation or a revised bilateral arrangement on Monday.
Japan and the United States carried out coordinated yen-buying intervention on 31 July after persistent currency weakness raised concerns about market instability. Subsequent discussions between Katayama and Bessent reaffirmed their intention to discourage disorderly trading and maintain communication between their financial authorities.
At a meeting in North Carolina in August, the two finance chiefs agreed to continue cooperating on orderly currency movements. Katayama subsequently repeated that the policy stance established following their joint market action had not changed.
That understanding provides the immediate context for her latest assurances. It does not mean that every fluctuation in the yen will prompt intervention, or that the two governments necessarily share identical preferences about the currency’s value.
The approaching US elections add uncertainty because shifts in expectations for American fiscal policy can affect Treasury yields and the dollar. A change in the outlook for government borrowing or spending could influence the interest rate differential that helps shape demand for yen-denominated assets.
Such market responses remain contingent on the election result and subsequent policy decisions. Katayama offered no forecast for the vote or specific projection for the yen, concentrating instead on the established mechanism for communication with Washington.
Japan’s authorities also face domestic concerns surrounding the currency. A weaker yen can increase the local cost of imported fuel, food and other goods, complicating efforts to contain household expenses. Exporters, meanwhile, can benefit when overseas earnings are translated into yen, although the effects differ across businesses.
Prime Minister Sanae Takaichi has acknowledged problems associated with an undervalued yen. Katayama referred to shared concerns expressed by Takaichi and Trump during their September discussions, while making clear that maintaining orderly trading remained the operational priority.
The finance minister also addressed fiscal administration on Monday, saying the government would seek greater precision and transparency in its estimates of tax revenue. Her comments on the budget came separately from the currency assurances.
Two-day exhibition on 14 and 15 November at St. Regis Singapore presents six Laguna Phuket developments, as more buyers make Phuket home
SINGAPORE – Media OutReach Newswire – 2 November 2026 – Banyan Group Residences returns with a two-day sales exhibition on Saturday 14 and Sunday 15 November 2026, presenting six signature developments from its Phuket collection in the Diplomat Room, St. Regis Singapore, from 11:00 am to 6:00 pm.
Singapore buyers are already familiar with Phuket, and demand is shifting from holiday ownership towards long-term residency. This collection is designed for that shift: full-time homes within an established resort community, not just investment property.
The exhibition follows record first-half sales for Banyan Group Residences, up 38% year on year.
“Singapore has long been one of our most important buyer markets, and what we are seeing now is a shift in how buyers think about Phuket – not only as a holiday destination, but as a place to live,” said Stuart Reading, Managing Director of Banyan Group Residences. “More people are choosing to make Phuket home, and that is what makes it a sound long-term investment.”
Laguna Phuket is home to more than 70 nationalities, and across Phuket foreign buyers now account for over 60% of condominium purchases, many choosing to live in their properties rather than simply invest.
Banyan Group Residences expects to launch up to USD 1 billion in new luxury projects in Phuket over the next two to three years.
Ranked first in Asia and fifth globally for branded residences (Savills, 2025-26), Banyan Group Residences will showcase six developments at the exhibition, including some of the most exclusive it has ever released:
Banyan Tree Beach Residences Nerea
Just six three-bedroom duplex residences between Laguna Phuket’s lagoons and Bang Tao Beach, with yacht-inspired design, private pools and a home gym in each.
Banyan Tree Beach Residences Oceanus
Sixteen absolute beachfront residences on Bang Tao Beach, each with a private pool and up to 768 square metres of space – among the most luxurious condominiums ever released in Phuket.
Banyan Tree Beach Residences Varuna
Eight four-bedroom beachfront townhomes on Bang Tao Beach, each with a private lift, garden terrace and rooftop infinity pool facing the Andaman Sea sunset.
Angsana Golf Residences Topaz
Two- and three-bedroom residences and penthouses in three low-rise buildings overlooking Laguna Golf Phuket, with private rooftop pools.
Bellaguna Golf Residences
Low-rise buildings amid tropical gardens overlooking Laguna Golf Phuket, with one- to three-bedroom condominiums and two- to three-bedroom penthouses with private pools.
Bellaguna Lake Residences
One- to three-bedroom condominiums and two- to three-bedroom penthouses on the Laguna Phuket lagoon, with private rooftop pools on selected units.
Owners receive Sanctuary Club membership, with privileges at Banyan Group hotels, RAVA Beach Club and Laguna Golf access, plus a year of complimentary property management.
Banyan Living
Owners can also opt into Banyan Living, the Group’s hospitality-led rental and management platform.
The issuer is solely responsible for the content of this announcement.
About Banyan Group
Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans nearly 130 hotels, resorts and reserves, over 30 branded residences and more than 140 spas and galleries in 28 countries. Comprising 14 hospitality and residential brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme with Banyan. The founding ethos of “Embracing the Environment, Empowering People” is embodied through the Banyan Global Foundation and Banyan Management Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.
About Laguna Phuket
Laguna Phuket is Asia’s premier integrated resort destination, set against the stunning backdrop of the Andaman Sea. Spanning over 1,000 acres, the resort features six luxury hotels, an award-winning 18-hole golf course, fine dining, luxury spas, and branded residences. Guests benefit from complimentary shuttle services, a cashless payment system, and access to world-class recreational and wellness facilities.
About Banyan Group Residences
Banyan Group Residences is the property development arm of leading hospitality pioneer Banyan Group, listed on the stock exchange of Singapore. With over 35 years of development experience and an impressive portfolio of residential brands to suit different lifestyles and budgets, it is Thailand’s leading lifestyle property developer with a strong and increasingly international pipeline of projects. The Group’s main residential brands include the flagship luxury Banyan Tree Residences, Angsana Residences, Dhawa Residences, Garrya Residences, Laguna Residences, Cassia Residences, Skypark, Laguna Lakelands, and Bellaguna.
US spot Bitcoin exchange-traded funds suffered net withdrawals of $643.2 million on Friday, October 30, as investors reduced cryptocurrency exposure following a massive security breach at Binance, intensifying pressure on digital asset markets. The withdrawals marked the largest daily outflow for Bitcoin ETFs during October and reversed four consecutive trading sessions of inflows. The selling occurred during the first full US market session after hackers stole approximately […]
Arabian Post Staff -Dubai Gulf governments are pressing for a diplomatic settlement with Iran amid fears that renewed US-Israeli attacks could trigger a wider and more destructive regional war. Anwar Gargash, diplomatic adviser to UAE President Sheikh Mohamed bin Zayed Al Nahyan, told the IISS Manama Dialogue in Bahrain on Sunday that Gulf countries were seeking a negotiated escape from a confrontation they had tried to prevent. […]
Japan’s government is tightening cybersecurity measures after breaches exposed information held by ministries, financial firms and technology providers, while investigators examine attacks that have disrupted trading and public services.
The Foreign Ministry disclosed on October 30 that approximately 3,600 sets of personal information might have been compromised through unauthorised access to its network. The records included names and email addresses, with around 900 belonging to people outside the ministry. Officials said confidential information was held on a separate network and had not been affected.
The ministry detected the intrusion on July 27, blocked access and invalidated credentials. An external investigation subsequently identified possible exposure. Authorities said there was no evidence that the information had been misused, and pledged stronger authentication and monitoring.
The disclosure followed an October 28 announcement by the Ministry of Economy, Trade and Industry concerning unauthorised access to the website of the Electricity and Gas Market Surveillance Commission. The incident added another government service to the expanding list of targets, although its full consequences remained unclear.
Prime Minister Sanae Takaichi convened a ministerial cybersecurity meeting on October 26 and ordered urgent countermeasures. She highlighted large-scale information leaks and the danger of stolen records being exploited for further attacks. The government also instructed agencies to improve assistance for affected organisations through the police and the Information-technology Promotion Agency.
Financial markets have faced direct losses from intrusions. Finance Minister Satsuki Katayama identified five foreign-exchange brokers whose customers experienced unauthorised transactions apparently connected to compromised servers operated by GMO Internet. The companies were Goldenway Japan, Oanda Japan, Ava Trade Japan, Gaitame Finest and Dukascopy Japan.
The brokers restricted affected accounts, blocked suspicious overseas orders and reset passwords. Katayama said on October 27 that regulators had received no reports of additional fraudulent transactions. The Financial Services Agency asked trading firms to strengthen surveillance and encourage customers to change credentials.
GMO shut down an affected cloud trading service on October 21 after discovering unauthorised access. The company subsequently acknowledged that material purportedly belonging to customers had been published online, while investigators continued checking its authenticity and the extent of exposure.
The company promised compensation for losses associated with fraudulent trading and offered affected users alternative services. It also rejected an extortion demand. Tokyo police opened an investigation into suspected violations of legislation governing unauthorised computer access.
Separately, IwaiCosmo Securities disclosed that an attack on technology provider Trade Works resulted in unauthorised orders involving seven customer accounts. Transactions were executed through five accounts, while personal information concerning 4,975 people was exposed. The brokerage said the leaked information could not itself be used to access trading accounts.
The National Cybersecurity Office has warned that intrusions are affecting organisations across numerous industries. Its October guidance emphasised protecting web applications, monitoring suppliers and controlling access to sensitive information. Financial regulators separately instructed institutions to examine third-party exposure and incident-response arrangements.
Artificial intelligence is complicating those efforts. Japan’s National Institute of Information and Communications Technology warned on October 13 that attackers were using increasingly sophisticated vulnerability discovery techniques, including methods that analyse mobile applications to identify weaknesses in connected servers.
GMO’s information-security division separately said its investigation had identified the use of a Chinese-developed artificial intelligence security tool called Artex in attacks directed predominantly at Japanese targets. That finding does not establish that artificial intelligence was involved in every breach or identify the operators responsible for individual incidents.
Cybersecurity company TrendAI counted 331 unauthorised-access incidents among Japanese organisations during January through September, representing 54.5 per cent of the incidents in its analysis. The classification covers different methods and does not necessarily indicate the same perpetrators or a coordinated campaign.
The growing exposure has also prompted scrutiny of authentication practices and outsourced infrastructure. Regulators have urged organisations to review vulnerabilities before attackers exploit them, strengthen access controls and prepare procedures for containing breaches. Particular attention has been directed towards information stolen from service providers that could subsequently enable attacks against their customers.
The Japan External Trade Organization disclosed on October 27 that its e-Venue business-matching platform had suffered unauthorised access on three dates between September and October. It said up to 133 personal-information records might have been exposed and suspended the service while specialists investigated.
JETRO had separately confirmed exposure of 743 records after attacks on other websites beginning October 14. The organisation notified affected businesses and contacts and established temporary online facilities while reviewing security arrangements.
Arabian Post Staff -Dubai BYD has designated the Gulf Cooperation Council its leading international expansion priority, announcing plans for additional investment, a regional spare-parts hub and broader technology operations beyond vehicle sales. Executive vice-president Stella Li said the Chinese automotive group intends to strengthen its dealership network and after-sales services while exploring opportunities in battery storage, autonomous driving and robotics across Gulf markets. “The GCC is my […]
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Binance will progressively restore customer withdrawals on Sunday after replenishing 95 per cent of the $6.3 billion in cryptocurrencies stolen during an unprecedented cyberattack on the world’s largest digital asset exchange. The company announced that the first phase would begin between 0600 and 0900 GMT, covering 15 blockchain networks and major cryptocurrencies including bitcoin, ether, BNB, Solana, XRP and dogecoin. Additional assets will become available after security […]
The Supreme Court has registered a writ petition seeking criminal contempt proceedings against the Kerala Pradesh Congress Committee (KPCC) over a deleted social media post targeting Chief Justice of India Surya Kant. The registry converted representations submitted by advocates Vineet Jindal and Sreejesh S R into a c…
Amari Pattaya, OZO North Pattaya and Amari Bangsaen recognised for integrating responsible operations, local engagement and measurable sustainability outcomes
BANGKOK, THAILAND – Media OutReach Newswire – 1 November 2026 – ONYX Hospitality Group, a leading hospitality management company in the Asia-Pacific region specialising in hotels, resorts, serviced apartments and luxury residences, has received three awards at the Ultimate Thailand Green Tourism Showcase 2026, organised by Thailand’s Department of Tourism as part of the Chonburi Smart Green Tourism initiative.
Amari Pattaya and OZO North Pattaya were recognised in the Creativity & Innovation category, while Amari Bangsaen received the Unique WOW Experience award.
The three awards demonstrate how ONYX Hospitality Group is translating sustainability into practical, locally relevant action across its properties in Chonburi. Together, they reflect a holistic approach to sustainability management, covering energy and water efficiency, waste management, carbon reduction, community and stakeholder engagement, recognised environmental standards and measurable results.
These achievements bring ONYX for Planet to life at property level. ONYX for Planet is the Group’s sustainability framework, integrating environmental, social and governance (ESG) principles across its business operations and hotel management.
Guided by its Sustainably Crafted Hospitality philosophy, ONYX treats sustainability not as a separate programme, but as part of how it operates, makes decisions, manages resources and creates experiences. This approach includes responsible resource management and procurement, support for local communities and producers, talent development, and guest experiences that connect travellers more meaningfully with the destinations they visit.
Sukamal Mondal, VP – Operations and Sustainability & Community Engagement at ONYX Hospitality Group, said:
“For ONYX Hospitality Group, sustainability creates real value when our principles are translated into meaningful, locally relevant action. Every hotel operates within its own community and environment, so our approach must respond to that context while remaining aligned with ONYX for Planet.
“These awards recognise the work our teams are doing to make responsible practices part of everyday operations and guest experiences. As our approach matures, we are moving beyond individual initiatives to demonstrate impact: what has changed, what value has been created and, wherever possible, how progress can be measured. This is how we strengthen transparency and accountability as we grow.”
Beyond these property-level initiatives, ONYX Hospitality (Thailand) Co., Ltd. has achieved GSTC Hotel Multi-site Certification, demonstrating its alignment with internationally recognised standards for sustainable tourism. The certification was issued by Control Union Singapore Pte. Ltd., a GSTC-accredited Certification Body.
ONYX Hospitality Group has also partnered with CarbonWize to develop its ESG data management system and greenhouse gas emissions monitoring framework, strengthening the Group’s focus on measurement, transparency and accountability.
Through its partnership with SP Group, ONYX is exploring energy efficiency and renewable energy solutions across suitable properties in Thailand. At Amari Don Muang Airport Bangkok Hotel, SP Group’s Cooling-as-a-Service solution has been operational since April 2026 and is expected to reduce energy consumption by more than 40%, save approximately 900,000 kWh of electricity and reduce carbon emissions by around 449 tonnes annually.
Together, the awards and Group-level initiatives demonstrate how ONYX for Planet connects locally relevant action with recognised standards, stronger measurement and operational outcomes. As ONYX Hospitality Group expands across the Asia-Pacific region, this integrated approach will remain part of its long-term business strategy, supporting responsible growth and meaningful value for guests, people, communities and destinations.
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group:
ONYX Hospitality Group, a reputable force in the Asia-Pacific hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers across the region where it has deep expertise. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food & beverage. With six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.
Congress district panchayat member Sreenadevi Kunjamma has denied threatening or assaulting a detained YouTuber at Adoor police station, insisting that she visited the premises only to identify him at the request of police. Her explanation on Saturday followed the circulation of CCTV footage from a confrontation at th…
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OpenAI chief executive Sam Altman met senior Samsung executives in South Korea on Saturday as the companies pursue cooperation on artificial intelligence infrastructure amid mounting pressure on global memory chip supplies. Samsung said approximately 50 executives from its electronics, financial services and biotechnology businesses attended the meeting at its human resources development centre in Yongin, south of Seoul. The discussions focused on how artificial intelligence could transform […]
Oil prices finished October with a fourth consecutive monthly gain as an attack on a tanker in the Strait of Hormuz and renewed threats to Saudi energy infrastructure heightened fears of further disruption to Middle East supplies. Brent crude futures for December settled on Friday at $117.64 a barrel, up 2.4 per cent, while US West Texas Intermediate crude closed at $104.12, gaining 2.08 per cent. Brent […]
HONG KONG SAR – Media OutReach Newswire – 30 October 2026 – International Business Settlement Holdings Limited (“IBS” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0147.HK) entered into a Share Purchase Agreement with the shareholder of QuantumCompute Solutions Limited (“QuantumCompute Solutions”) to acquire its entire equity interests for a consideration of HK$563 million. Upon Completion, QuantumCompute Solutions will become a wholly-owned subsidiary of IBS, and its financial results will be consolidated into the Group’s financial statements.
QuantumCompute Solutions indirectly owns approximately 85.94% equity interest in Shanghai Tianjing Fulian. Shanghai Tiangjing Fulian is also 5.56%-owned by Foxconn Industrial Internet, the shares of which are listed on the Shanghai Stock Exchange (stock code: 601138.SH). The Shanghai Tianjing Fulian Group is principally engaged in the design and development of AI SoC products and integrated solutions, with a particular focus on low-power, cost-effective AI computing and edge computing applications. Through its chip design capabilities and comprehensive technology solutions, the Shanghai Tianjing Fulian Group has established a solid technological foundation in AI inference and edge-side computing infrastructure. The Shanghai Tianjing Fulian Group is an officially authorised independent chip design house for MediaTek Inc., a leading global semiconductor company.
The Directors believe that the Acquisition will enable the Group to expand its business scope from its existing fintech and computing power services into AI chip design and edge computing infrastructure, thereby strengthening its technology capabilities and building a comprehensive ecosystem encompassing computer infrastructure, AI chips and AI application solutions. This strategic expansion aligns with strong growth in the AI semiconductor, edge computing, and digital infrastructure sectors, driven by rising demand for low-latency, real-time AI solutions as well as supportive government policies promoting semiconductor innovation and digital infrastructure investment.
The Group has appointed Dr. Tang Tianshen as its chief strategic consultant to advise on the the strategic development and operations of the Group’s fintech-related businesses. Dr. Tang holds a doctorate in electronic engineering from Texas A&M University and possesses extensive expertise spanning academic research, advanced chip design, and executive leadership in the semiconductor industry. Dr. Tang has served in senior roles of various leading technology companies, including Intel, Shanghai Hua Hong and SMIC.
The Board considers that the transaction represents an opportunity to acquire immediate access to AI chip design capabilities, specialised technical talent, established technology assets, and growth opportunities in the AI industry. Compared with developing such capabilities internally, the Acquisition is expected to accelerate the Group’s entry into the AI semiconductor and edge computing sectors, shorten development time, and strengthen its competitive position in the evolving digital economy. In the long term, the Acquisition is expected to support the establishment of an ecosystem covering computing infrastructure, AI chips, and AI application solutions, creating sustainable growth drivers and delivering long-term value to shareholders.
Hashtag: #IBS
The issuer is solely responsible for the content of this announcement.
Greenlogue/AP Climate change is causing increasingly severe health damage worldwide, prompting researchers behind the 2026 Lancet Countdown to demand formal recognition of a global health emergency and stronger international action. The assessment, published on Wednesday ahead of the COP31 climate summit, finds that deaths associated with extreme heat, exposure to drought and other climate-related dangers have increased faster than efforts to protect populations. Its authors want the […]
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By Dr. Gyan Pathak PM Narendra Modi led Government has been successfully marketing its slogan “Affordable medicine for all” ever since it started implementation of Jan Aushadhi scheme under Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) launched in 2015-16, but on the ground level pharmaceutical companies and hospitals were allowed to charge exorbitant and unaffordable prices, […]
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