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HONG KONG SAR – Media OutReach Newswire – 20 March 2024 – Prudential plc (“Prudential”; HKEX: 2378; LSE: PRU) today announced its financial results for the year ended 31 December 2023. Performance highlights on a constant (and actual) exchange rate basis New business profit up 45 per cent (43 per cent) to $3,125 million. Excluding the effect of interest rate and other economic movements, new business profit […]

SINGAPORE – Media OutReach Newswire – 20 March 2024 – Chubb, a world leader in insurance, and Atome, one of Southeast Asia’s leading digital financial services platforms, today announced a regional partnership to help drive consumer protection across Southeast Asia. The partnership will enable both companies to co-create a range of insurance products available to Atome’s customers in Singapore, Malaysia, the Philippines and Indonesia. Ben Howell, Regional […]

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 19 March 2024 – Prince Foundation, the philanthropic arm of Prince Holding Group, has recently hosted the third Chen Zhi Scholarship Award Ceremony, marking a significant advancement in educational empowerment. This event celebrated the selection of 100 students who are set to begin a transformative educational journey. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of […]

Thuraya Telecommunications Company, a leader in mobile satellite services, has announced a strategic partnership with Niflink, a provider of advanced e-learning and telemedicine solutions. This collaboration aims to bridge the gap in remote areas by offering critical healthcare and educational services via Thuraya’s expansive satellite network. The partnership leverages Niflink’s adaptable telemedicine and e-learning platforms, optimized to function seamlessly across Thuraya’s network spanning the Middle East, Africa, […]

Retailer to adds new drivers to boost global product choice HONG KONG SAR – Media OutReach Newswire – 19 March 2024 – Freshippo, Alibaba Group’s digital intelligence-powered new retail company, has announced that its Global Go business has recorded year-on-year GMV growth of over 100%. Global Go provides consumers in China with value-for-money import products, sourced at origin through Freshippo’s global supply chain network. To continue to […]

European Union lawmakers have taken a significant step towards clamping down on financial crime with the provisional approval of three pillars of a wide-ranging anti-money laundering (AML) package. The new regulations, designed to crack down on illicit activities across the bloc, will bring cryptocurrency service providers under stricter scrutiny and establish a dedicated EU-level AML authority. This move signifies a major shift in how the EU tackles […]

TOKYO, JAPAN – Media OutReach Newswire – 19 March 2024 – THXNET., Japan’s premier Web3 enabler and a leading Web3aaS Plug & Play Blockchain Network ecosystem innovator, is excited to announce its strategic partnership with Coinweb, a distinguished layer 2 interoperability platform. This collaboration signifies a transformative leap in the development of Web3 ecosystems, leveraging THXNET.’s innovative Web3 solutions alongside Coinweb’s powerful infrastructure. To support this integration, […]

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Abu Dhabi’s clean energy champion, Masdar, has struck a deal to acquire a 50% stake in Terra-Gen, a leading US renewable energy producer. This strategic move strengthens Masdar’s foothold in the booming American clean energy market and bolsters Terra-Gen’s growth trajectory. The acquisition, announced on March 19, 2024, sees Masdar acquiring the stake from Energy Capital Partners (ECP), a prominent investor in energy transition projects. ECP will […]

Partnership also sees Aston Business School making its debut in Singapore SINGAPORE – Media OutReach Newswire – 19 March 2024 – Kaplan Singapore1 (Kaplan) has today announced Aston University from the United Kingdom as its newest university partner. The partnership will see an exciting array of in-demand Postgraduate Degree programmes, including Doctor of Business Administration and a suite of Master of Science programmes being offered to students […]

The United Arab Emirates (UAE) is seeking to initiate separate trade negotiations with the European Union (EU), according to informed sources, as discussions involving the entire Gulf Cooperation Council (GCC) bloc appear to have stalled. The GCC, a six-nation economic and political alliance that includes the UAE, Saudi Arabia, Bahrain, Qatar, Oman, and Kuwait, has been engaged in on-again, off-again free trade agreement (FTA) talks with the […]

South Korea’s vibrant cryptocurrency market is bubbling over once again, with Bitcoin experiencing a surge in demand that’s pushing its price significantly higher than global averages. According to CryptoQuant CEO Ki Young Ju, the premium on Bitcoin, often referred to as the “Kimchi premium,” has reached a three-year high of 10%. This means that Bitcoin is currently trading roughly 10% higher on South Korean exchanges compared to […]

Cryptocurrency enthusiasts in the United Arab Emirates (UAE) can now breathe a sigh of relief. CoinMENA, a leading virtual asset service provider licensed in Dubai and Bahrain, has joined forces with Network International, a regional powerhouse in digital commerce solutions. This strategic partnership aims to simplify the process of converting fiat currency (like dirhams) into cryptocurrency, a hurdle often referred to as an “onramp.” Previously, UAE residents […]

Locobuzz, a leading Indian customer experience (CX) platform, has set its sights on capturing a slice of the burgeoning Middle Eastern market. The company, known for its AI-powered social listening and engagement tools, believes its offerings can empower businesses in the region to elevate their customer service strategies. The Middle East has emerged as a hotbed for digital transformation, with a rapidly growing internet user base and […]

By Nitya Chakraborty The late awakening of the Supreme Court headed by the Chief Justice of India Dr. D Y Chandrachud in seeing the quid pro quo relationship between the donors and the ruling party under the Electoral Bonds Scheme 2017 is welcome. The CJI has been firm in getting all the details from the […]

The post Electoral Bonds Donation Is A Small Part Of BJP’s Financial Muscle Power first appeared on Latest India news, analysis and reports on IPA Newspack.

Financial services giant Fidelity Investments is making a play for potential returns with an update to its proposed spot Ethereum exchange-traded fund (ETF). The amended application, filed with the U.S. Securities and Exchange Commission (SEC) on March 18th, 2024, seeks permission to stake a portion of the fund’s Ethereum holdings. Staking is a core function of the Ethereum blockchain since its shift to a Proof-of-Stake (PoS) model. […]

Indonesia’s cryptocurrency market experienced a surge in February, reaching a reported value of $1.92 billion. This growth is attributed to a combination of factors, including a positive market sentiment fueled by Bitcoin’s price increase and rallies in alternative cryptocurrencies (altcoins). The Indonesian market’s expansion reflects a global trend of growing interest in digital assets. Bitcoin, the world’s leading cryptocurrency, experienced a significant price increase in February, reaching […]

Financial data giant Bloomberg has introduced a novel commodity index specifically focused on Murban crude oil. The Bloomberg Commodity Murban Crude Oil Index tracks the performance of futures contracts for Murban crude, a significant development that underscores the rising prominence of this oil benchmark alongside established players like Brent and West Texas Intermediate (WTI). This new index offers a strategic advantage for investors seeking to diversify their […]

China’s once gas-guzzling car industry is rapidly shifting gears, emerging as a global leader in electric vehicles (EVs). This dominance extends beyond established automakers, with tech giants like Huawei and Xiaomi joining the race. These companies are leveraging their expertise in data and artificial intelligence (AI) to create a new generation of smart EVs. China’s advantage stems from its robust manufacturing base. The country not only holds […]

Changpeng Zhao, the embattled founder of cryptocurrency exchange Binance, has set his sights on a new venture: Giggle Academy, a free online education platform aimed at children around the world. The announcement comes amidst ongoing legal troubles for Zhao, who stepped down as CEO of Binance in November 2023 as part of a settlement with U.S. authorities. Despite facing potential jail time, Zhao appears enthusiastic about Giggle […]

The United Arab Emirates Astronaut Programme is etching its name in the annals of scientific discovery, fostering a new era of Arab participation in space exploration. Established in 2017, the program meticulously trains Emirati astronauts for missions aboard the International Space Station (ISS) and future endeavors beyond Earth’s orbit. More than simply a platform for space tourism, the UAE Astronaut Programme prioritizes scientific contribution. Emirati astronauts onboard […]

The Ministry of Health is taking a proactive stance on public well-being with a new campaign designed to raise awareness about the importance of healthy eating habits. This initiative aims to empower communities across the nation to make informed dietary choices that promote long-term health. Recognizing the link between a balanced diet and the prevention of chronic diseases, the Ministry’s campaign will focus on educating the public […]

The move reflects the company’s journey from telco to a dual force in connectivity and cybersecurity SINGAPORE – Media OutReach Newswire – 18 March 2024 – ViewQwest, a leading telecommunications and managed security services provider (MSSP) in SEA, recently rolled out a comprehensive brand refresh, accompanied by a revamp of its headquarters by award-winning sustainable interior design firm, ipse ipsa ipsum. The initiative underscores ViewQwest’s dedication to […]

The United Arab Emirates (UAE) Public Prosecution has shed light on the consequences of organized begging, aiming to raise public awareness and combat this exploitative practice. Their efforts come amidst a focus on strengthening the country’s legal framework and ensuring community safety. According to the UAE Penal Code (Federal Decree-Law No. 31 of 2021), individuals who manage organized begging operations involving two or more people face significant […]

Saudi Arabia has taken a pioneering step into the metaverse, launching an innovative platform called “Cultural Universe” that allows users to embark on an immersive journey through the Kingdom’s rich heritage. Developed by the Ministry of Culture, this groundbreaking initiative leverages the latest virtual reality technology to offer a captivating and interactive experience for a global audience. Cultural Universe transports visitors on a virtual expedition across the […]

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