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Singapore business leader Teo Siong Seng has been accused by US prosecutors of taking part in a multi-year conspiracy to restrict output and fix prices of standard dry shipping containers, a case that places one of the city-state’s most prominent maritime figures at the centre of a major antitrust action. The indictment names four container manufacturing companies and seven executives in an alleged scheme that prosecutors say […]

Full oil shipments through the Strait of Hormuz are not expected to return before the first or second quarter of 2027, even if the Middle East conflict were to end immediately, ADNOC chief Sultan Ahmed Al Jaber has said, signalling that the energy shock from the Iran war could outlast any diplomatic settlement by many months. The warning from the head of the Abu Dhabi National Oil […]

Britain’s jobs market weakened in April as employers cut back on permanent recruitment while turning to temporary staff to manage uncertainty, rising business costs and disruption linked to the Iran conflict. Permanent staff placements fell at the sharpest pace since January, reversing part of the improvement seen earlier in the year. The permanent placements index dropped to 47.5 in April from 49.2 in March, staying below the […]

Shiba Inu is drawing fresh attention from crypto traders after a market analyst said the meme token could enter a high-momentum breakout phase if it clears a long-running resistance structure that has capped its valuation since late 2024. The token was trading near $0.000006 on Friday, with a market value of roughly $3.4 billion and a circulating supply of more than 589 trillion SHIB. The latest technical […]

France will add €710 million in targeted aid to help households and businesses absorb higher energy costs, as the war in Iran keeps fuel prices elevated and tests the government’s fiscal restraint. Budget Minister David Amiel said the new measures would lift total support for consumers and affected sectors to nearly €1.2 billion, while the government seeks to avoid broad tax cuts that would deepen pressure on […]

Mexico’s sovereign credit rating has been cut to the last rung of investment grade, placing fresh pressure on President Claudia Sheinbaum’s administration as investors weigh rising debt, sluggish growth and the continuing fiscal burden of Petróleos Mexicanos. Moody’s Ratings lowered Mexico’s long-term local and foreign-currency issuer and senior unsecured ratings to Baa3 from Baa2, while changing the outlook to stable from negative. The move leaves Latin America’s […]

Caracas has become an unlikely stop for financiers, oil executives and restructuring advisers as Venezuela’s attempt to reopen its economy turns a once-quiet luxury hotel into a meeting point for dealmaking. The Cayena, a boutique property in the capital’s La Castellana district where rooms start at about $400 a night, spent much of its 13 years operating in a market cut off by sanctions, political conflict and […]

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Samsung Electronics is preparing one of the largest employee bonus packages in the global technology sector after a last-minute wage agreement with unions averted a threatened strike at its South Korean chip operations, where soaring demand for artificial intelligence memory has transformed the company’s earnings outlook. The tentative deal could channel about 40 trillion won, or roughly $26.6 billion, to semiconductor employees this year, implying an average […]

SINGAPORE – Media OutReach Newswire – 21 May 2026 – Synology today announced the general availability of PAS7700, the company’s first active-active, all flash NVMe storage system. Built for mission-critical workloads, PAS7700 delivers enterprise-grade performance, uninterrupted resilience, and optimized operational efficiency.

Synology PAS7700 delivers ultra-high performance, active-active availability and sub-millisecond latency for mission-critical workloads.
Synology PAS7700 delivers ultra-high performance, active-active availability and sub-millisecond latency for mission-critical workloads.

As AI, data analytics, and virtualization platforms continue to reshape how Singapore enterprises operate their IT infrastructure, storage is no longer merely a place to keep data. It has become the foundation behind core operational applications. As a result, organizations are placing greater demands on access speed, service continuity, and long-term operational stability. This is also why enterprises are increasingly seeking high-performance storage platforms that can maintain reliable operations over time.

“PAS7700 reflects Synology’s 25+ years of experience in storage and our close collaboration with enterprise customers to address evolving requirements for high availability, performance, and scalability,” said Bie-i Chu, Executive Vice President of the Synology NAS Group. “After a year of extensive real-world validation through our enterprise proof-of-concept program, PAS7700 is field-proven to deliver high reliability and performance, while helping customers lower total cost of ownership (TCO).”

A Storage Platform for Mission-Critical Systems
PAS7700 is equipped with dual controllers and 48 NVMe SSD bays in a 4U chassis, and can scale up to 1.65 PB of raw storage capacity with up to seven expansion units. The system supports both file and block storage and offers broad protocol support, including NVMe-oF, iSCSI, Fibre Channel, SMB, and NFS.

With up to 2,048 GB of memory* and 100GbE networking, PAS7700 delivers up to 2 million IOPS, latency of under 1 millisecond and sequential throughput of up to 30 GB/s.

PAS7700 is designed for environments that require real-time data processing, such as virtualization, databases and large-scale data processing environments. It also targets performance-intensive and always-on workloads such as VDI, EDA and AI.

In addition, the solution is well suited for organizations operating data-intensive infrastructure in sectors such as data centers, manufacturing, semiconductor design, game development, and healthcare. These environments typically process large volumes of data concurrently and require systems that can sustain consistent performance and continuous service availability.

Designed to Minimize System Disruption
One of PAS7700’s most notable strengths is its active-active architecture, which enables both controllers to operate simultaneously rather than relying on a traditional active-standby model. If one controller or a network component fails, the system can continue delivering services, significantly reducing the risk of business disruption.

The system is built with multiple protection layers to ensure high availability, including triple-parity RAID, mirrored write cache protection, IP failover, and automatic failover mechanisms.

PAS7700 also includes Continuous Availability Manager that enables enterprise IT teams to visually monitor the health status of each system component and detect and address issues quickly before they affect services.

Multi-Layer Data Protection for Enterprises
Synology places strong emphasis on enterprise data protection. PAS7700 supports Self-Encrypting Drives (SEDs), providing hardware-level protection without compromising system performance.

The system also supports WORM folders and immutable snapshots, allowing snapshots to remain protected from unauthorized modification or deletion after creation, thereby reducing the risk of tampering and unauthorized data interference.

In addition, PAS7700 features Snapshot Replication and Hyper Backup that enable enterprises to build multiple layers of backup and recovery between production environments and secondary systems. This helps strengthen cyber resilience and improve data recoverability in the event of incidents or cyberattacks.

Lower Cost, Greater Efficiency
Beyond performance, Synology also addresses the challenge of optimizing long-term storage investment for enterprises. As many businesses in Singapore continue expanding their data infrastructure, virtual machines and internal AI workloads, the cost of high-speed storage is exerting increasing pressure on IT environments.

PAS7700 supports both inline and offline deduplication technologies to help reduce unnecessary data usage and extend SSD lifespan. This mechanism can significantly improve storage efficiency in large-scale data environments.

In the near future, the system will also support Synology Tiering, which automatically moves infrequently accessed data to high-capacity storage systems. This helps free up high-speed NVMe resources for active applications and hot data.

The entire platform runs on DSM Enterprise, Synology’s operating system developed specifically for enterprise storage, and is designed for environments that require high performance while maintaining intuitive management and operational simplicity.

PAS7700 is now available globally through Synology’s network of partners and distributors.

For more product information, please visit: www.synology.com/products/PAS7700.

*Memory module is upgradable to 1,024GB per node; 2,048GB for the whole PAS7700 system.

Hashtag: #Synology, #PAS7700

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

About Synology

Founded in Taiwan in 2000, Synology is a technology company specializing in network-attached storage (NAS), data backup and recovery, video surveillance, and networking solutions for businesses and individuals worldwide. Over the past two decades, Synology has continuously expanded its ecosystem to help users manage, protect, and unlock the value of data more effectively in the era of cloud, AI, and big data.

Synology’s core philosophy is to build a comprehensive hybrid-cloud ecosystem that enables businesses to protect, synchronize, and manage data through a centralized, intuitive, and easy-to-operate platform. From enterprise storage, data backup, file sharing, and collaboration to video surveillance and network infrastructure, Synology’s solutions are designed to simplify IT management and accelerate digital transformation.

Alongside ongoing technology innovation, Synology also focuses strongly on long-term stability, security, and scalability for data infrastructure. More than half of Fortune 500 companies use Synology solutions, reflecting the brand’s credibility and ability to support large-scale data operations worldwide.

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GitHub has confirmed unauthorised access to about 3,800 internal repositories after an employee device was compromised through a poisoned Visual Studio Code extension, raising fresh concerns over the security of developer tools and software supply chains. The Microsoft-owned platform said it detected and contained the compromise on May 19, removed the malicious extension version, isolated the affected endpoint and began incident response measures. Its assessment so far […]

Arabian Post Staff -Dubai Antananarivo’s Bouka family has returned to Mount Everest for a second summit attempt, a year after abandoning its push within roughly 250 metres of the top because of congestion, oxygen pressure, frostbite concerns and worsening conditions high on the mountain. Led by entrepreneur Zouzar Bouka, with his sons Raïs and Raj-Alexandre, the expedition is seeking to raise the Malagasy flag on the world’s […]

Investors should be seeking advice on a possible US stock market correction as surging bond yields driven by the ongoing war in Iran pose a near-term risk to stock gains. Wall Street spent the past year treating artificial intelligence as a force powerful enough to overwhelm inflation, war, deficits and interest rates simultaneously. Markets rewarded that conviction spectacularly. Nvidia added more than $2tn in market value in […]

Washington has imposed sanctions on more than 50 Iran-linked individuals, companies and vessels, targeting a currency exchange network and oil transport channels as pressure builds on Tehran to reach a deal and reopen the Strait of Hormuz. The measures announced on Tuesday place Amin Exchange, also known as Ebrahimi and Associates Partnership Company, at the centre of a renewed campaign against Iran’s financial and petroleum networks. The […]

SINGAPORE – Media OutReach Newswire – 20 May 2026 – DigiFT, a regulated digital asset exchange for institutional-grade real-world assets, and Franklin Templeton, a global investment leader with USD 1.74 trillion in assets under management, today announced a long-term strategic partnership to make the Benji Technology Platform and its related tokenization products available to accredited and institutional investors through DigiFT’s platform. DigiFT holds Capital Markets Services and Recognised Market Operator licences from the Monetary Authority of Singapore (MAS) — a regulatory standing that makes DigiFT specifically authorised to distribute regulated securities tokens to institutional investors in Singapore.

(Left) Henry Zhang, Founder and Group CEO at DigiFT and (Right) Chetan Karkhanis, SVP Digital Asset Partnership Development at Franklin Templeton
(Left) Henry Zhang, Founder and Group CEO at DigiFT and (Right) Chetan Karkhanis, SVP Digital Asset Partnership Development at Franklin Templeton

The collaboration is grounded in a shared early commitment to institutional tokenization. Franklin Templeton launched the first U.S.-registered mutual fund to use a public blockchain to process transactions and record share ownership in 2021. DigiFT has built one of Asia’s most comprehensively regulated platforms for institutional tokenized asset distribution — holding licences in both Singapore and Hong Kong, including Type 1 and Type 4 licences from the Securities and Futures Commission of Hong Kong. This partnership brings those two track records together: DigiFT will serve as a key distributor across Asia, with both organisations committed to expanding the scope of their work together over time.

The partnership arrives at a decisive moment. In 2025, tokenized real-world assets distributed on public blockchains grew from approximately USD 5.5 billion to USD 18.6 billion, with tokenized U.S. government securities emerging as the leading institutional category. This growth underscores a structural inefficiency in digital markets, where institutional capital is frequently held in non‑yielding stablecoins or on‑exchange balances, while traditional fund infrastructure remains constrained by defined settlement cycles. The Benji Technology Platform and its related tokenization products are designed to address this gap by supporting the tokenization of U.S. government securities strategies that accrue yield continuously, including intraday accrual, through Franklin Templeton’s patent‑pending Intraday Yield mechanism. It also supports 24/7 transferability between permissioned wallets and near‑instant on‑chain settlement, enabling a range of potential institutional treasury management, payment and settlement use cases, and deployable off‑exchange collateral for institutional market participants.

Henry Zhang, Founder and Group CEO of DigiFT, said: “DigiFT was built with a specific conviction: that institutional investors deserve access to the world’s best on-chain financial instruments, through a platform that meets the regulatory standard they require. The partnership with Franklin Templeton reflects that conviction and marks the beginning of a long-term strategic collaboration to bring tokenized solutions to market.”

Chetan Karkhanis, SVP, Digital Asset Partnership Development at Franklin Templeton, said: “The partners we choose reflect our long-term commitment, not just our near-term distribution objectives towards bringing the benefits of blockchain and tokenization to the industry. DigiFT’s leadership and innovative edge, together with the institutional infrastructure they have built, provides a strong foundation for this partnership. This marks the beginning of what we expect to be an expanding and enduring collaboration.”
Hashtag: #DigiFT




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

Afreximbank’s partnership with Plot Enterprise Ghana is placing cocoa processing, rural employment and African creative exports at the centre of a wider push to keep more value from the continent’s resources within local economies. The collaboration, highlighted through the bank’s impact programming, links Ghana’s cocoa belt to global markets at a time when volatile cocoa prices, climate shocks and financing strains are reshaping one of West Africa’s […]

Greenlogue/AP Global building emissions rose again in 2024, underscoring how rapid urban expansion is outpacing efficiency gains and slowing the sector’s shift towards a net-zero pathway. Operational emissions from buildings increased 1 per cent to 9.9 gigatonnes of carbon dioxide last year, even as energy intensity improved across parts of the global building stock. The latest Global Status Report for Buildings and Construction 2025-2026, released on 19 […]

AI Financial has warned that it may not remain viable over the next year after a steep fall in the value of its World Liberty Financial token holdings exposed the fragility of a balance sheet built around a volatile crypto treasury. The Nasdaq-listed company, formerly known as ALT5 Sigma, disclosed that it held 7,283,585,650 WLFI tokens at the end of its first quarter, carrying them at a […]

Cambridge researchers have built a new class of light-emitting diode by electrically activating insulating nanoparticles, a breakthrough that could widen the path for sharper medical imaging, faster optical communications and more sensitive chemical detection. The advance centres on lanthanide-doped nanoparticles, materials long valued for their ability to emit unusually pure and stable light, especially in the second near-infrared range. That part of the spectrum is important because […]

A chance photograph taken on a remote Queensland property has returned Ptilotus senarius to scientific view after 58 years without a confirmed record, turning a plant long treated as presumed extinct into a live test case for smartphone-powered biodiversity discovery. The small, slender shrub, a member of the Amaranthaceae family, had not been collected since 1967 and was known only from preserved herbarium specimens before horticulturalist and […]

At the close of the nomination period for the 2026 season, the VinFuture Prize, a global science and technology prize recorded 1,819 nominations from around the world, supported by a network of more than 17,000 nominators spanning 117 countries and territories.

HANOI, VIETNAM – Media OutReach Newswire – 18 May 2026 – After six seasons, the VinFuture Prize has not only expanded its influence in the international scientific community, but has also affirmed its position as a prestigious global prize dedicated to identifying and honoring breakthroughs with profound significance for the future of humanity.

H.E. Tran Thanh Man, Chairman of the National Assembly of Vietnam, presents the 2025 VinFuture Grand Prize to the scientists whose pioneering contributions led to the discovery and development of the HPV vaccine. In the 2026 season, nominations in medicine and healthcare continue to account for the largest share (38.4%), alongside other critical fields including environmental and earth sciences, energy, transportation and construction, as well as food and agriculture. Photo courtesy of VinFuture.
H.E. Tran Thanh Man, Chairman of the National Assembly of Vietnam, presents the 2025 VinFuture Grand Prize to the scientists whose pioneering contributions led to the discovery and development of the HPV vaccine. In the 2026 season, nominations in medicine and healthcare continue to account for the largest share (38.4%), alongside other critical fields including environmental and earth sciences, energy, transportation and construction, as well as food and agriculture. Photo courtesy of VinFuture.


A Global Network Bringing Together More Than 17,000 Outstanding Minds

This year’s VinFuture nominations span a wide range of critical fields, including medicine and healthcare (38.4%), environmental and earth sciences (17%), energy, transportation, and construction (15%), food and agriculture (10.6%), as well as other scientific and technological disciplines (19%).

At the same time, the official nominator network of the VinFuture Prize has continued to expand substantially, reaching 17,154 nominators from 117 countries and territories across all five continents. This represents an increase of approximately 16% compared with the 2025 season and a more than fourteenfold expansion compared with the inaugural season in 2021. Moreover, the number of countries and territories represented within the nominator network has nearly doubled over the past six years.

Notably, 1,415 nominators for the 2026 VinFuture Prize are ranked among the world’s top 2% most-cited researchers. Nearly 8,000 experts are affiliated with leading universities, research institutes, and scientific organizations worldwide, including Australian Academy of Science, Massachusetts Institute of Technology (United States), Stanford University (United States), Harvard University (United States), University of California, Berkeley (United States), University of Oxford (United Kingdom), National University of Singapore (Singapore), Nanyang Technological University (Singapore), and Weizmann Institute of Science (Israel), among others.

Participating on a voluntary basis, these nominators play a vital role in identifying and recommending outstanding scientific innovations capable of generating meaningful and lasting improvements to the lives of billions of people worldwide. They also contribute significantly to extending the global reach of the VinFuture Prize within the international scientific community and promoting cross-border academic connections. Several distinguished nominators have traveled to Vietnam during the 2024 and 2025 VinFuture Sci-Tech Weeks to connect and exchange knowledge directly with the Vietnamese scientific community.

“The continued growth in both the number of nominations and our network of more than 17,000 nominators reflects the increasing confidence that leading scientists and prestigious institutions around the world place in VinFuture Prize and its mission to identify and honor scientific and technological innovations with meaningful impact on humanity. This momentum also reinforces our commitment to upholding rigorous and transparent evaluation standards, while advancing a long-term vision of connecting global intellect in pursuit of a better future for all,” said Dr. Thai-Ha Le, Managing Director of the VinFuture Foundation.

Following the conclusion of the nomination period, the Pre-Screening Committee will begin the process of evaluating and selecting the most outstanding scientific works for consideration by the VinFuture Prize Council in the final judging round, which is expected to continue through early September 2026. All nominations will undergo a rigorous multi-layer evaluation process based on stringent international standards to ensure the highest levels of scientific integrity, fairness, and transparency.

The core evaluation criteria include the degree of scientific and technological advancement, the potential for meaningful impact on human life, as well as the scale and long-term sustainability of the proposed innovations.

Vietnam’s Growing Imprint on the Global Innovation Map

After six seasons, the VinFuture Prize has firmly established its reputation and standing within the global science and technology landscape. Several VinFuture Laureates have subsequently been honored by some of the world’s most prestigious scientific awards, including the Nobel Prize, the Queen Elizabeth Prize for Engineering, and the Breakthrough Prize, demonstrating VinFuture’s ability to recognize, at an early stage, innovations with foundational significance for the future of humanity.

Notable examples include Prof. Omar Yaghi (2021 VinFuture Special Prize; 2025 Nobel Prize in Chemistry); Dr. Katalin Karikó and Prof. Drew Weissman (2021 VinFuture Grand Prize; 2023 Nobel Prize in Physiology or Medicine); Drs. Demis Hassabis and John Jumper (2022 VinFuture Special Prize; 2024 Nobel Prize in Chemistry); Prof. Geoffrey Hinton (2024 VinFuture Grand Prize; 2024 Nobel Prize in Physics); as well as Prof. Yoshua Bengio, Prof. Yann LeCun, Prof. Geoffrey Hinton, Mr. Jensen Huang, and Prof. Fei-Fei Li (2024 VinFuture Grand Prize; 2025 Queen Elizabeth Prize for Engineering). Additional examples include Prof. Daniel Drucker, Prof. Joel Habener, Prof. Jens Juul Holst, and Assoc. Prof. Svetlana Mojsov (2023 VinFuture Special Prize), who later received the 2025 Breakthrough Prize.

Beyond recognizing transformative scientific achievements, VinFuture has become a point of convergence for knowledge, collaboration, and the aspiration to serve humanity. Over the course of six seasons, VinFuture has contributed to shaping a more open, connected, and inspiring scientific ecosystem, while positioning Vietnam as an increasingly important destination on the global innovation map.

Hashtag: #VinFuture

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

Authorities across the Middle East and North Africa have arrested 201 people in a coordinated cybercrime sweep that targeted phishing, malware and online financial fraud networks operating across 13 jurisdictions. Operation Ramz, coordinated by Interpol from October 2025 to 28 February 2026, also identified 382 further suspects and 3,867 victims, marking the first cyber operation of this scale led by the international police body across the MENA […]

Tehran has moved to turn the Strait of Hormuz crisis into a new insurance and payments channel, with an Iran-linked platform branded Hormuz Safe offering maritime cargo cover tied to cryptocurrency settlement for vessels using the strategic waterway. The initiative targets shipowners, charterers and cargo interests facing sharply higher war-risk costs, disrupted routing and mounting legal uncertainty across a corridor that remains central to global energy trade. […]

By Nantoo Banerjee India’s continuous hesitancy to curb the retail oil consumption pattern despite a worldwide surge in fuel prices is inexplicable, if not unacceptable. The government, the biggest benefactor of large domestic fuel use by way of imposition of levies close to 50 percent of the retail oil prices, is not prepared to ration […]

The article India Needs To Curb Oil Consumption appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Japan’s government bond market has become the centre of a global debt selloff as higher oil prices, stubborn inflation and expectations of tighter monetary policy push borrowing costs across major economies to levels not seen for years.

The sharpest pressure has fallen on long-dated Japanese government bonds, where the 30-year yield has climbed above 4 per cent, reaching a record since the maturity was introduced in 1999. The 10-year yield has also risen to around 2.8 per cent, its highest level in nearly three decades, marking a decisive break from the low-yield era that defined Japan’s markets for much of the post-deflation period.

The selloff has rippled across global debt markets. US Treasury yields have moved higher, with the 30-year yield testing levels above 5 per cent, while Germany’s benchmark bonds and UK gilts have also weakened. Bond prices move inversely to yields, meaning the surge in yields reflects heavy selling by investors who are demanding greater compensation for inflation, fiscal risk and uncertain central bank policy.

Rising oil prices are the immediate catalyst. Brent crude has moved above $100 a barrel as geopolitical tensions in the Middle East disrupt energy flows and heighten concerns over import costs for major economies. For Japan, which relies heavily on imported energy, the oil shock carries a particularly direct inflationary threat. A weaker yen has amplified the impact, increasing the local-currency cost of fuel, food and other imported goods.

Japan’s inflation backdrop has become more difficult for policymakers. Consumer prices have remained above the Bank of Japan’s 2 per cent target for an extended period, while corporate goods prices have shown persistent pressure from energy, raw materials and logistics costs. Investors are now pricing in a greater chance that the central bank will raise interest rates again, possibly as early as its next policy meetings, after years of extraordinary accommodation.

Fiscal concerns are adding to the strain. Tokyo is preparing additional spending to cushion households and businesses from rising fuel and utility costs, but fresh borrowing could worsen concerns over debt sustainability. Japan’s public debt is already among the highest in the developed world, making long-term bond investors more sensitive to any increase in issuance. The prospect of larger supply has hit demand for longer maturities, where insurers, pension funds and banks traditionally played a stabilising role.

The Bank of Japan faces a delicate balance. Raising rates too quickly could unsettle growth and worsen losses in bond portfolios held by financial institutions. Moving too slowly could allow inflation expectations to become entrenched and place further pressure on the yen. The central bank has already scaled back its dominance of the bond market compared with the period of yield-curve control, leaving prices more exposed to market forces.

Global investors are also reassessing the role of government bonds as a safe asset. During earlier market shocks, US Treasuries, German Bunds and Japanese government bonds often rallied as investors sought protection. The current episode is different because the shock is inflationary rather than deflationary. Higher energy prices reduce household purchasing power, raise business costs and complicate the task of central banks that had hoped to cut rates or keep policy steady.

The selloff has implications beyond financial markets. Higher sovereign yields raise funding costs for governments already facing pressure from defence spending, ageing populations, energy subsidies and climate-related investment. They also affect mortgage rates, corporate borrowing and equity valuations. Technology shares and other growth-sensitive assets tend to come under pressure when long-term yields climb, because future earnings are discounted more heavily.

Japan’s shift is especially important because its low yields long encouraged domestic investors to buy overseas bonds. As yields rise at home, insurers and pension funds have less incentive to take currency risk abroad, potentially reducing demand for US and European debt. That repatriation effect could intensify volatility in global markets if Japanese institutions continue to rebalance portfolios.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA