Bitcoin slid during Asian trading on Friday as speculation over the future leadership of the United States central bank unsettled risk appetite across global markets, adding to a cautious tone already shaped by shifting expectations for interest rates and liquidity. The world’s largest cryptocurrency fell below the psychological $40,000 level before stabilising, with traders pointing to heightened volatility after reports and commentary suggested renewed political debate around […]
Texas Governor Greg Abbott has ordered an immediate halt to new H-1B visa petitions by all state agencies and public universities, a dramatic step aimed at prioritising jobs for local workers and intensifying scrutiny of foreign worker hiring practices in government-funded institutions. The directive, issued on 27 January, bars these bodies from initiating or filing for new H-1B visas without written approval from the Texas Workforce Commission […]
Signs are emerging that President Donald Trump’s aggressive immigration drive is carrying political risks, with polling shifts, street protests and unease among key voter blocs suggesting the strategy is beginning to dent public support. The administration has intensified workplace raids, expanded detention capacity and accelerated deportations while federal authorities have moved forcefully to disperse demonstrations against the sweeps, framing the approach as a necessary restoration of law […]
Dollar-pegged digital tokens are moving from trading desks into everyday payments, payrolls and cross-border transfers as financial institutions and consumer apps expand support for stablecoins, reshaping how value is stored and moved in the crypto economy. Stablecoins now account for a growing share of on-chain activity, reflecting demand for price stability amid swings in other digital assets. Market capitalisation has climbed sharply over the past year, crossing […]
Questions over whether authorities in Washington now influence what appears on TikTok have gained traction after an agreement allowed the video-sharing platform to keep operating in the United States under new ownership and oversight conditions. Some users have reported posts disappearing or engagement dropping and have linked those changes to the deal, arguing it has opened the door to government-directed censorship. The arrangement that kept TikTok online […]
Elon Musk has escalated a high-profile debate over the security of consumer messaging platforms by asserting that “WhatsApp is not secure” and that even Signal, long regarded as a benchmark for encrypted communication, is “questionable,” urging users to consider XChat instead. His remarks, posted on X, have intensified scrutiny of encryption claims by major tech firms and triggered rebuttals from industry leaders defending existing privacy safeguards. Musk’s […]
A sweeping winter storm delivered an unusual alignment of heavy snowfall across five of the largest metropolitan areas on the US East Coast, marking a weather milestone highlighted by meteorologist Andrew Markowitz, known online as “Snowstradamus”. Writing on X, Markowitz said the storm marked the first instance in 3,655 days in which Boston, New York City, Philadelphia, Baltimore and Washington, DC each recorded at least six inches […]
US lawmakers have called on the Federal Trade Commission to take an expansive and rigorous look at the proposed roughly $55 billion acquisition of Electronic Arts by a consortium led by the Saudi Arabian Public Investment Fund, urging scrutiny of its potential impact on workers, studios and competition across the video-game sector. Leaders of the Congressional Labor Caucus and a broader group of House Democrats warned that […]
Power outages spread across large parts of the US East Coast on Sunday as a powerful winter storm pushed heavy snow, freezing rain and ice from the Mid-Atlantic to New England, disrupting daily life for millions, straining energy infrastructure and forcing widespread travel cancellations. Utilities warned that restoration efforts could take days in some areas as hazardous conditions slowed repair crews and fresh snowfall compounded earlier damage. […]
Severe weather across large parts of the United States and planned airport infrastructure works in Europe have forced major Gulf carriers to cancel and suspend flights, highlighting how environmental shocks and logistical constraints can ripple through tightly connected aviation networks. Emirates, Etihad Airways, flydubai and Qatar Airways have issued a series of travel advisories as winter storms in North America disrupted air traffic control operations and ground […]
Ras Al Khaimah has enacted a new law establishing a comprehensive legal and technical framework for the testing, deployment and operation of autonomous vehicles, positioning the northern emirate among the jurisdictions in the region seeking to regulate emerging transport technologies with an emphasis on safety, security and data protection. The legislation, approved by the Ruler of Ras Al Khaimah, lays out the conditions under which autonomous vehicles […]
US President Donald Trump has launched a high-stakes $5 billion legal challenge against JPMorgan Chase & Co. and its chief executive, Jamie Dimon, claiming that the country’s largest bank cut off banking services to him and his businesses for political reasons. The lawsuit, filed in Miami-Dade County, Florida, alleges the bank closed multiple accounts in 2021 and placed the president and his companies on an informal “blacklist” […]
Revolut has shelved plans to buy a United States bank and is instead pursuing a fresh regulatory pathway as it recalibrates its long-delayed push into the world’s largest retail finance market. The London-based digital banking group has begun laying the groundwork for an application to the Office of the Comptroller of the Currency for a national banking licence, according to people familiar with the company’s strategy, marking […]
HANOI, VIETNAM – Media OutReach Newswire – 23 January 2026 – The VinFuture Prize officially announces the launch of its 2026 season and opens the nomination period until 2:00 PM on April 17, 2026 (Vietnam time, GMT+7). Eligible nominations must pertain to scientific or technological inventions and solutions that demonstrate clear, measurable benefits for millions of people worldwide and must be submitted by distinguished individuals or reputable institutions within the global science and technology community.
A number of scientific breakthroughs recognized by the VinFuture Prize have subsequently been honored by the world’s most prestigious scientific awards, including the Nobel Prize. Photo: VinFuture
All nominations will undergo a rigorous screening and evaluation process conducted by the VinFuture Pre-Screening Committee and the Prize Council, which comprise leading scientists from around the world, including laureates of prestigious international awards such as the Nobel Prize, the Turing Award, and the Millennium Technology Prize.
The evaluation process is scheduled to be completed by September 2026, with the 6th VinFuture Prize Award Ceremony slated for early December 2026. Nominations submitted after April 17, 2026 will automatically be considered for the 2027 season.
In order to provide comprehensive information and strengthen engagement with its global network of nomination partners, the VinFuture Foundation will host two international webinars in the first quarter of 2026, featuring insights and perspectives from representatives of the Prize Council, the Pre-Screening Committee, and VinFuture Laureates. The first webinar will take place at 8:00 AM on January 26, 2026 (Hanoi time).
In 2026, the VinFuture Prize will continue the implementation of its Top Nominators Recognition Program, formally acknowledging the exceptional contributions of scientists whose discernment and scholarly leadership are instrumental in identifying and nominating scientific and technological achievements of transformative significance for humanity.
Having completed five successive and highly successful award cycles, the VinFuture Prize has established itself as a globally respected distinction within the international science and technology community. To date, it has received a cumulative total of 6,132 nominations from nearly 110 countries and territories and has recognized 48 outstanding scientists whose pioneering work has delivered profound, enduring, and far-reaching benefits to humanity.
Many of the achievements recognized by the VinFuture Prize are closely aligned with major milestones in human progress, ranging from global networking technologies, PERC solar cells, lithium-ion battery energy storage, and artificial intelligence to essential fields such as sustainable agriculture, healthcare, and environmental protection. Reflecting its expanding international reach, VinFuture’s global nomination partner network now includes nearly 15,000 scientists worldwide.
Dr. Thai-Ha Le, Managing Director of the VinFuture Foundation, stated: “After five years of establishment and development, VinFuture Prize has steadily affirmed its position as one of the world’s leading global science prizes, where outstanding scientific excellence is honored in parallel with social responsibility and the long-term interests of humanity. As we enter the 2026 season, we anticipate that nominations will continue to demonstrate the pivotal role of science and technology in addressing global challenges in a comprehensive manner, thereby advancing breakthrough solutions with strong applicability and the capacity to generate positive and sustainable impacts on a global scale.”
With its established international stature and credibility, VinFuture has contributed meaningfully to positioning Viet Nam as an emerging hub for global knowledge exchange and scientific collaboration. Numerous VinFuture partners have traveled to Viet Nam to engage in academic exchanges, share professional expertise, and strengthen ties with the domestic scientific community. Notable participants include Professor Aldo Steinfeld of the Swiss Federal Institute of Technology Zurich (ETH Zurich), recipient of the 2024 SolarPACES Lifetime Achievement Award; Professor Kurt Kremer, Honorary Director of the Max Planck Institute for Polymer Research (Germany); and Professor Chuanbin Mao of The Chinese University of Hong Kong (China), ranked among the world’s top 2% most-cited scientists in biomedical engineering…
Through VinFuture, many Vietnamese scientists have likewise gained access to, and established collaborations with, leading global researchers, actively engaging with the international scientific community to help shape a sustainable future for Vietnam and for humanity at large.
Hashtag: #VinFuture
The issuer is solely responsible for the content of this announcement.
China’s yuan strengthened against the U. S. dollar after the central bank set its daily trading midpoint on the stronger side of 7 per dollar for the first time since 2023, a move widely read by markets as a calibrated signal of policy confidence amid shifting global currency dynamics. In onshore trading, the yuan edged towards a level not seen in nearly 32 months, while the […]
Wall Street posted a powerful advance during the latest trading session, adding an estimated $700 billion to the combined value of listed companies as investors pushed major indices higher on a mix of easing inflation signals, resilient corporate earnings and renewed appetite for growth shares. The move underscored the scale at which US equity markets can reprice within hours when sentiment aligns across sectors. The benchmark S&P […]
HONG KONG SAR – Media OutReach Newswire – 21 January 2026 – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), has joined about 3,000 world leaders attending the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland (January 19-23). During the WEF Annual Meeting 2026, themed “A Spirit of Dialogue”, Mr Chan attends, speaks and joins discussions at several keynote meetings, luncheons and dinners. He also meets with political, business and financial leaders to brief them on the latest situation in Hong Kong as well as the city’s new opportunities.
Mr Chan attended a breakfast reception hosted by virtual asset enterprise Animoca Brands, headquartered in Hong Kong, yesterday (January 20). Speaking at the meeting, Mr Chan said that Hong Kong adopts a proactive yet prudent approach to the development of digital assets guided by the principle of “same activity, same risk, same regulation” to promote responsible and sustainable market development. Since 2023, Hong Kong has issued licences to 11 virtual asset trading platforms, and a licensing regime for stablecoins is expected to be launched later this year. The Financial Secretary also noted the HKSAR Government’s leadership role in promoting tokenisation, including the issuance of three batches of tokenised green bonds amounting to around US$2.1 billion.
Mr Chan also engaged with a number of officials from different economies and regional organisations attending the WEF Annual Meeting, including Deputy Prime Minister and the Minister of Finance of Thailand, Mr Ekniti Nitithanprapas; the Secretary-General of the Cooperation Council for the Arab States of the Gulf, Mr Jasem Mohamed Albudaiwi; the Minister of Investment and Foreign Trade of Egypt, Mr Hassan El Khatib; and the State Secretary for International Finance at the Federal Department of Finance of Switzerland, Ms Daniela Stoffel. They exchanged views on the global political and economic landscape and issues of mutual concern, and explored opportunities to strengthen collaboration in areas such as trade, finance, industry development and digital transformation.
During a meeting with the Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, Mr Chan reiterated that Hong Kong, China firmly supports free trade and multilateralism, and expressed support for the WTO’s efforts to pursue reforms in response to current global challenges, with a view to enhancing its agility in addressing emerging issues in international trade.
HKSAR’s Financial Secretary Paul Chan (right) meets with the Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, in Davos, Switzerland
On arriving Davos (January 19), Mr Chan began his visit programme by meeting with the Minister of Economy of the Sultanate of Oman, H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.
Mr Chan said that Hong Kong’s advantages as a “super connector” could support Oman’s transitioning from an oil-driven growth model towards a more diversified economic structure. He said that Hong Kong could facilitate Chinese Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development. At the same time, Hong Kong’s status as an international financial centre in Asia could provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products.
Mr Chan will continue his programme in Davos, including participating at the 2026 Davos-Caixin CEO Luncheon and the “How to Finance Decarbonization?” session of the WEF Annual Meeting, before returning to Hong Kong on January 24 morning.
President Donald Trump has moved to reshape how the United States pays for the explosive growth in electricity demand driven by artificial intelligence, backing a plan to use 2026 capacity auctions in the PJM Interconnection to force large technology companies to shoulder a greater share of grid expansion costs. The proposal, framed as a way to protect households and small businesses from higher power bills, places AI […]
A $10 million federal award has been allocated to the University of Washington to expand advanced computing capacity and strengthen interdisciplinary research tied to artificial intelligence, marking one of the largest public investments in AI infrastructure at a single US campus this year. University leaders said the funding is designed to modernise core systems, widen access for researchers across disciplines and reinforce ethical frameworks as AI tools […]
UAE’s federal utility Etihad Water and Electricity has invited eligible consulting firms to register interest in a tender for a techno-economic feasibility study on a proposed undersea power interconnector linking the Emirates with India, signalling a fresh push to test the commercial and technical case for cross-border electricity trade across the Arabian Sea. The utility said the study is intended to produce a comprehensive, bankable feasibility package […]
Goldman Sachs is examining whether to engage with the fast-growing prediction-markets sector, a move that could reshape how Wall Street views platforms long seen as niche or legally ambiguous. Chief executive David Solomon has confirmed that the bank has held discussions with executives from Polymarket and Kalshi, describing these venues as sophisticated markets that resemble derivatives trading more than online betting. The conversations underscore a strategic recalibration […]
Why This Question Matters in the UAE “Sweeps casinos” is a nickname for online platforms that mix game-style play with promotions or drawings. This article shares general information, not legal advice. In the UAE, a different label does not automatically make an activity permitted. In Short: How a site operates matters more than what it calls itself. Local rules still apply. Where UAE Law Draws the Line In […]
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
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:
Liquidity Shift
Earnings Focused
Adding Credit
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
The issuer is solely responsible for the content of this announcement.
KGI
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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 […]