Arabian Post Staff -Dubai Saudia ranked as the world’s most punctual global airline for a third consecutive month in July, maintaining its operational lead despite the pressures of the peak summer travel season. The carrier recorded an on-time arrival rate of 87.24% across 16,406 flights during the month. The performance extended a run that began in May and continued through June, giving the Jeddah-based flag carrier three […]
Arabian Post Staff -Dubai UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russian President Vladimir Putin have discussed strengthening bilateral cooperation while calling for intensified diplomatic efforts to ease tensions across the Middle East. The two leaders held a telephone conversation on Friday, reviewing cooperation under the UAE-Russia strategic partnership and reaffirming their commitment to expanding ties in areas of mutual interest. Their discussions […]
President Donald Trump has ordered a new layer of trade protection for the US solar supply chain, imposing tariffs and minimum import prices designed to favour domestic manufacturing while raising the prospect of higher costs for developers and households adopting solar power. The measures place a 15% tariff on imported polysilicon and products derived from it, alongside minimum prices covering key stages of crystalline-silicon solar manufacturing. The […]
Google Maps is moving beyond navigation and discovery with new Gemini-powered features that can prepare food orders, search for hotels and events, and tailor recommendations using information from a user’s connected Google services. The expansion gives Ask Maps, Google’s conversational artificial intelligence interface, more agent-like capabilities. Instead of merely suggesting restaurants, the service can now interpret a detailed request, locate a suitable business along a route and […]
Coinbase has opened US stock trading to customers in the UK, accelerating its push beyond cryptocurrencies as the exchange seeks to become a broader financial platform spanning digital assets, equities, savings and borrowing. The service began rolling out progressively to eligible UK users on August 6, giving customers access to nearly 4,000 US stocks through the same Coinbase application used for crypto and fiat holdings. Trading is […]
Roblox shares have lost about 70% of their value over the past year after weaker-than-expected second-quarter monetisation and a subdued bookings outlook intensified concerns about the gaming platform’s ability to turn expanding engagement into sustained spending growth. The sell-off accelerated after Roblox released its second-quarter results on July 30, with the stock suffering its worst one-day decline as a public company. Shares dropped nearly 27% in the […]
HONG KONG SAR – Media OutReach Newswire – 7 August 2026 – As spatial aesthetics and lifestyle philosophies continue to converge across the Greater Bay Area, academic discourse and talent exchange within the interior design sectors of Hong Kong and Mainland China have reached a pivotal milestone. On the evening of July 3, the CIID Hong Kong Inaugural Gala Dinner, themed “AI x ESG,” took place at Lake House in Tai Po. During the event, the CIID Interior Architecture Design Exchange Center, one of the most authoritative academic bodies in China’s interior design industry, officially licensed the designation to “CIID Hong Kong,” marking the formal recognition of its official preparatory branch in Hong Kong by the headquarters.
At this grand gathering of industry luminaries, Mr. Andrew Lam, Founder of am PLUS DESIGNS, a premier Hong Kong interior design firm, was officially appointed Vice Chairman of the CIID Hong Kong Centre. This prestigious industry title serves as a resounding endorsement of Andrew’s years of deep cultivation in spatial design and his exceptional international vision. Moving forward, he will work side by side with industry titans—including Mr. Joey Ho, Chairman of the CIID Hong Kong, and Mr. Steve Leung, Honorary Advisor—to co-author a new chapter of integration and synergy for design forces in the Greater Bay Area.
Prestigious Lineage and Artisan Foundation: Refining Eastern Aesthetics Through Structural Space
The calibre of an outstanding designer is often defined at the inception of their career. Andrew began his journey from an exceptional vantage point, studying under Mr. Kenneth Ko, widely venerated as the “Father of Modern Chinese Interior Design.” Imbued with Ko’s design philosophy, Andrew developed a profound understanding of spatial essence: infusing physical architecture with human warmth while allowing functional utility and cultural depth to complement one another. His subsequent encounters with master designer Steve Leung on the professional CIID platform further bolstered his industry standing and provided enduring inspiration.
To explore the broader possibilities of serene Eastern aesthetics within a contemporary context, Andrew pursued advanced studies in Japan earlier in his career, training under prominent local practitioners. He continuously contemplated how to harmonize the grand inclusivity of traditional Chinese culture with the understated restraint of Japanese mono no aware and yugen. Within Hong Kong’s densely populated urban landscape, he set out to construct poetic sanctuaries where human warmth and architectural soul harmoniously coexist.
“Contemporary design is no longer about the ostentatious stacking of lavish materials; it is about providing a sanctuary for the mind, body, and soul within a space,” Andrew explains. In his practice, the spiritual essence of traditional Eastern architecture is distilled into serene, restrained structural space and quiet aesthetics. Unbound by the constraints of any single regional style, he returns to the philosophical core of “exquisite simplicity without excess.” Through capturing natural light and shadow, highlighting the raw authenticity of wood and stone, and utilizing minimalist lines, he sculpts an understated beauty rich in Eastern philosophy.
Andrew’s meticulous craftsmanship and pursuit of this design philosophy have earned him top-tier global acclaim. Designed by the am PLUS team, the “St Michel” residential project stood out among nearly 11,000 entries from 72 countries to win the prestigious German iF Design Award 2024 in the Residential Interior Design category. Known as the “Oscar of Design,” the iF Design Award is judged by a panel of 132 independent global design experts. Receiving this honor signifies that am PLUS’s design prowess, blending international aesthetic refinement with exceptional functional utility, has gained unanimous recognition from world-class peers. Furthermore, Andrew was named one of the “40 UNDER 40 Outstanding Contemporary Young Designers.” He has also garnered an array of esteemed accolades worldwide, including the U.S. MUSE Design Awards as Gold Winner and the Taiwan Good Design Award, solidifying his industry renown through proven expertise.
Spatial Algorithms and Spiritual Resonance: Expanding from Luxury Residences to B2B Commercial Spaces
Both Hong Kong and top-tier cities in Mainland China face the rigorous challenge of high-density urban land scarcity. Market research and industry insights indicate that the spatial demands of urban high-net-worth individuals have evolved from conventional sensory decoration to a dual pursuit of optimized functionality and spiritual sanctuary. Addressing this trend, Andrew translates Eastern wisdom into a sophisticated “spatial algorithm.” Regardless of space constraints, he adeptly dissolves physical boundaries using dynamic partitions and adaptable raised platforms.
In expansive luxury residences, this algorithm translates into fluid circulation layouts and magnificent spatial proportions. Recently, am PLUS successfully executed a four-story villa project exceeding 3,000 square feet on Mount Austin Road, Hong Kong. Andrew skillfully employed Eastern quiet luxury aesthetics, utilizing pure, serene materials and natural light play within a dynamic three-dimensional space to effortlessly express understated luxury. Visual short films documenting the project’s execution received widespread acclaim upon release. “Expansive spaces provide designers with a broader canvas for creation,” Andrew notes. He observes that many high-net-worth clients with refined taste resonate deeply with the quiet luxury of modern Eastern design, and he looks forward to leading his team in crafting more expansive living spaces that embody aesthetic depth and spiritual resonance.
Andrew’s design ambitions extend beyond luxury residential projects. Currently, am PLUS maintains a portfolio ratio of approximately 30% commercial and 70% residential. With the official launch of the CIID Hong Kong Center, Andrew plans to guide the firm through a strategic transformation, gradually shifting toward a balanced 50/50 ratio between commercial and residential domains.
“We aim to translate the meticulous planning and human-centric experiences accumulated from years in luxury residential design into B2B commercial spaces, including corporate offices, retail flagships, and boutique dining,” Andrew affirms. He firmly believes that experiential commercial design not only helps businesses reduce costs and boost efficiency but also transforms rigid commercial environments into inspiring hubs for personal creativity and emotional connection.
Compassion Fueling Creativity: Enriching Design through Human Warmth
In their daily routine, interior designers work with hard architectural materials such as steel, timber, stone, and paint. Beyond his demanding design and managerial duties, Andrew has long dedicated himself to social welfare, actively volunteering with charitable organizations such as “Social Seed (社企苗).” Serving as a compassionate guest instructor, he teaches engaging introductory science courses to primary school students. This warm, cross-disciplinary engagement, seemingly unrelated to high-end design, actually serves as a primary source of Andrew’s creative inspiration.
Andrew reflects thoughtfully: “Design should not be confined to cold blueprints. Only by possessing empathy, loving life, and observing the subtle nuances around us can we truly understand the implicit, unspoken spatial aspirations of our clients. Every time I feel the authentic pulse of society and exchange genuine glances with children, it refines my ‘sixth sense’—my intuition and inspiration. I want every design I create to carry warmth, serving as a meaningful contribution to life and living.”
With the establishment of the CIID Hong Kong Center, Andrew will assume his new role to lead am PLUS DESIGNS forward, continuously exploring and advancing the dual dimensions of contemporary Eastern quiet aesthetics and high-end humanistic spatial design.
Hashtag: #amplusdesigns #CIID #andrewlam #interiordesign
https://www.amplusdesigns.com/
https://www.facebook.com/amplusdesigns/
https://www.instagram.com/amplus.designs/https://xhslink.cn/m/AlO47wSBFbe
The issuer is solely responsible for the content of this announcement.
Founded in Hong Kong in 2014 by Andrew Lam, Vice Chairman of the CIID Hong Kong Interior Architecture Design Exchange Center, am PLUS DESIGNS is a premier interior design firm dedicated to delivering solutions that combine cutting-edge aesthetics, functional excellence, and sustainable development for high-net-worth individuals and corporate clients across Greater China. Its portfolio encompasses ultra-luxury residences, luxury penthouses, modern corporate spaces, retail flagships, and boutique dining establishments. By synthesizing contemporary Eastern quiet aesthetics with precise functional pragmatism, am PLUS has earned numerous international accolades, including the German iF Design Award.
Official Website: https://www.amplusdesigns.com/
A Bitcoin wallet untouched since 2011 has moved 50 BTC worth about $3.2 million to a new address with transaction links to FalconX, reviving scrutiny of cryptocurrency holdings dating from the network’s earliest years. The 50 BTC remained in the receiving address on Friday, providing no direct evidence that the coins had been deposited with FalconX or sold. However, the destination wallet has previously transferred Bitcoin to […]
Arabian Post Staff -Dubai Gold prices strengthened on Friday, putting the precious metal on course for its biggest weekly gain since January as easing energy costs reduced inflation concerns and investors awaited US employment data that could reshape expectations for Federal Reserve policy. Spot gold rose 0.6% to about $4,262 an ounce during Asian trading, after touching its highest level in seven weeks. Prices have gained more […]
Arabian Post Staff -Dubai Iran is advancing plans to bar American, Israeli and other designated hostile vessels from the Strait of Hormuz while demanding compensation from countries blamed for attacks on its territory. A draft law under review by the Iranian parliament’s National Security and Foreign Policy Committee would prohibit vessels linked to the United States and Israel from using the strategic waterway. Ships from other states […]
Dubai residents and visitors can exercise free of charge at an outdoor gym on JBR Beach, combining strength training with uninterrupted views of Ain Dubai and the Bluewaters waterfront. The fitness area is located near the pedestrian bridge connecting Jumeirah Beach Residence with Bluewaters Island. It provides a range of exercise equipment beside the sand, allowing users to add resistance work, calisthenics and cardiovascular training to a […]
A tentative deal between Iran and Oman on shipping through the Strait of Hormuz is being treated in some quarters as the moment the year’s biggest energy risk finally eases. I believe that investors would be wise to treat it with considerably more caution than that. The scale of what is at stake in this waterway is hard to overstate. In a normal year, roughly 20 million […]
Bitcoin miners are facing an intensifying profitability crisis as the average cost of producing one coin approaches $78,000, leaving about one-fifth of the global mining fleet operating at a loss. Bitcoin was trading near $64,500 on Thursday, roughly 17% below the estimated industry-wide production cost. The gap has persisted for several months, forcing operators to shut down older machines, sell cryptocurrency reserves and redirect capital towards artificial […]
Aave founder Stani Kulechov has opposed a proposed change to Ethereum’s monetary policy, warning that cutting validator rewards as staking expands could weaken decentralised finance, deter investors and undermine ether’s appeal as a productive asset. The disputed plan, initially circulated as EIP-8361 and subsequently renumbered EIP-8363, would introduce a “tapered issuance burn”. It would destroy an increasing share of the newly issued ether allocated to validators as […]
A volunteer security group has flagged 85 potentially critical vulnerabilities across hundreds of Bitcoin-related software projects, exposing the scale of weaknesses that artificial intelligence can identify faster than developers can verify or repair them. The Bitcoin Red Team recorded 4,962 security findings after running advanced AI models against 390 open-source repositories during an intensive audit spanning about 27.5 hours on August 4 and 5. The findings included […]
A fire at a workshop in Dubai South damaged several trucks and caravans on Tuesday night before emergency crews brought the blaze under control. No injuries were reported. Dubai Civil Defence teams were dispatched after receiving an alert about the incident, which began inside the workshop and spread to vehicles parked at the site. Firefighters contained the flames and prevented them from reaching adjoining facilities in the […]
Leaked Google Pixel 11 promotional material has revealed a rear notification system called HiLight while casting doubt on an eye-catching claim that one model can reach 55% battery capacity after five minutes of charging. The apparently official marketing images describe HiLight as a discreet illumination feature that activates when the handset is placed face down. It is expected to signal calls from selected contacts and interactions with […]
One Meal, One Ripple, One Community
Pay It Forward allows any participant to buy a prepaid meal at a participating local restaurant, café, or food outlet for someone else in their community. More than a one-way gesture, how Pay It Forward works is designed to create a ripple effect where kindness spreads, anyone can be both a Giver and a Receiver, and one small act sets off a wider movement of community connection.
How a Ripple Starts:
“We built Pay It Forward because we believe technology should help people reconnect, not just transact,” said Amelia Tang, Co-Founder and CEO. “A shared meal is one of the simplest ways to show someone in your community that you thought of them.”
From Pilot to Public Growth
Malaysia was chosen as the first launch market for Pay It Forward’s revolution due to the country’s rich food culture and strong sense of community. The nationwide rollout follows an extended period of product development, merchant onboarding, and community testing. A soft launch in November 2025 brought more than 100 participating Merchants and thousands of users onto the platform, providing the feedback needed to fine-tune the experience before scaling.
Beyond merchants and users, a recent memorandum of agreement signed with Universiti Tunku Abdul Rahman (UTAR) introduced the PIF x UTAR Social Impact Project and Campus Ambassador Programme, giving students real exposure to social entrepreneurship and community work.
Kindness is Much Closer Than You Think
Pay It Forward is that platform, a simple way to take the small kind thought you have and pass it on, one meal at a time. Because kindness only truly begins when someone takes the first step.
To share a meal, redeem a meal, or sign up your business, visit payitforward.io/en-my.
Hashtag: #PayItForward
https://www.payitforward.io/en-my
https://www.linkedin.com/company/pif-fintech-sdn-bhd/https://www.facebook.com/profile.php?id=61577508893886https://www.instagram.com/pif_payitforward/
Tiktok: 
https://www.tiktok.com/@pif_payitforward
Rednote: https://www.xiaohongshu.com/user/profile/6892efa7000000002900b4aa
Youtube: 
https://www.youtube.com/@Payitforward-t6n
The issuer is solely responsible for the content of this announcement.
Pay It Forward was founded by Amelia Tang, Ng Jiunn Jye, and Yvonne Guo on a simple belief: that technology should not only automate our lives, but also help people reconnect with each other. Drawing inspiration from the traditional Italian “Caffè Sospeso”, where one cup of coffee is paid for and left behind for a stranger, the platform brings that same spirit of sharing into the digital age.
Today, Pay It Forward connects Givers, Receivers, and Merchants in one transparent ecosystem, where anyone can purchase a prepaid meal at a participating local restaurant, café, or food outlet and gift it to someone nearby. As the first platform in Malaysia’s social-dining space to combine meal-sharing with community altruism, Pay It Forward is on a mission to build a kinder, more connected society, one shared meal at a time, because sharing is caring.
Eleven shares changed hands at 1.168 million won each at 8 am Seoul time on August 6, about 30% below the previous Korea Exchange closing price. The stock quickly recovered most of the loss and ended Nextrade’s 50-minute pre-market session down roughly 2%, indicating that the extreme opening price was not driven by a change in the company’s business outlook.
The episode echoed a July 28 disruption when a single SK Hynix share traded at 1.272 million won, nearly 30% below the preceding close. That transaction triggered a volatility interruption on Nextrade and transmitted the distorted price into cryptocurrency derivatives linked to the chipmaker.
A perpetual futures contract tracking SK Hynix fell about 19% during the first event. Almost $60 million of leveraged long positions were liquidated within minutes, leaving more than 900 traders with estimated realised losses of $17.4 million. The platform operating the contract later offered to compensate eligible customers and said it would reassess the way external prices were incorporated into its valuation mechanism.
Thursday’s plunge again occurred at the start of Nextrade’s pre-market window, when order books are typically shallower than during the main session. The exchange allows stocks to move as much as 30% above or below the previous Korea Exchange closing price, meaning a small order can reach the limit when few competing bids are available.
The trade underscored the distinction between a price that is technically valid and one that accurately reflects the market’s consensus. Electronic systems can treat an executed transaction as authoritative even when only a handful of shares are involved. Prices may then spread through data feeds, trading algorithms, structured products and blockchain-based markets before human dealers can assess whether the move is credible.
Nextrade launched in March 2025 as the first serious challenger to the Korea Exchange’s long-standing dominance. It attracted investors with lower fees and trading hours stretching from 8 am to 8 pm, compared with the shorter core session on the main exchange. Retail traders account for most activity on the platform, which has at times handled a substantial share of the country’s equity turnover.
Its expanded trading day has improved access and competition, but the two SK Hynix incidents highlight risks when extended hours are combined with fragmented liquidity. Order books can be especially vulnerable at the opening instant, when market makers have not fully populated bids and offers and overseas price signals may still be feeding into domestic systems.
Regulators and exchange operators now face pressure to consider safeguards based on trade size, available depth and deviation from a volume-weighted reference price. Measures could include auction-style openings, minimum order-value requirements, stronger market-maker obligations or delayed dissemination of extreme prices produced by very small transactions.
The disruption comes during an unusually volatile period for SK Hynix and South Korean technology shares. The chipmaker has been at the centre of investor enthusiasm over high-bandwidth memory used in artificial-intelligence accelerators, but its shares have also recorded repeated double-digit moves as traders reassess valuations and future demand.
SK Hynix reported a sharp year-on-year increase in quarterly profit, supported by high-bandwidth memory sales, yet the results fell short of elevated market expectations. The disappointment contributed to a broad sell-off that erased trillions of dollars from South Korean equities at its peak and pushed measures of expected volatility to exceptional levels.
Leveraged exchange-traded funds linked to SK Hynix and Samsung Electronics have amplified those movements. Authorities have halted new sales of some single-stock leveraged products and proposed tighter investment limits, larger minimum deposits and higher transaction costs after retail investors suffered heavy losses.
Research into the market turbulence has also raised concerns that predictable rebalancing by leveraged funds can encourage traders to buy or sell ahead of compulsory end-of-day transactions. Such feedback loops may magnify price changes even when there is little new information about a company’s operations.
WASHINGTON — SpaceX has launched three AST SpaceMobile satellites designed to deliver high-speed cellular broadband directly to ordinary smartphones, expanding a constellation intended to connect users beyond the reach of terrestrial mobile towers. A Falcon 9 rocket lifted off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida at 3.49 am Eastern Time on Wednesday, carrying the BlueBird 11, 12 and 13 spacecraft […]
Gold prices surged above $4,200 an ounce on Wednesday as weaker US employment data, a softer dollar and falling Treasury yields drove investors towards the precious metal, although claims that bullion gained 4.5% during the day appeared to overstate the move recorded by leading benchmarks. Spot gold climbed more than 3% to about $4,200 an ounce, its highest level since late June. US gold futures advanced roughly […]
US Defence Secretary Pete Hegseth has rejected a report that the military has exhausted nearly 80 per cent of its principal high-altitude missile interceptors during the war with Iran, insisting that American forces retain the weapons required to sustain operations. Hegseth described the account as untrue after CNN reported that the Pentagon had used almost four-fifths of the interceptor inventory for the Terminal High Altitude Area Defense […]
Guggenheim Abu Dhabi will open to the public on 11 December 2026, bringing one of the world’s longest-awaited cultural projects to Saadiyat Island after two decades of planning, redesigns and construction delays. The Department of Culture and Tourism – Abu Dhabi confirmed the date as preparations accelerate for the launch of the largest museum in the Guggenheim network. The institution will focus on global modern and contemporary […]
Chainlink’s LINK token is being withdrawn from centralised cryptocurrency exchanges at its fastest pace in more than a month, signalling that a growing number of holders may be moving assets into private wallets rather than preparing to sell them. About 1.26 million LINK left known exchange addresses during the 24 hours to August 4, the largest daily net outflow since June 29. The transfer was worth roughly […]
