Oil prices fell sharply on Monday as traders responded to renewed diplomatic efforts between Washington and Tehran aimed at reopening the Strait of Hormuz and easing threats to energy supplies from the Gulf. Brent crude, the benchmark for about two-thirds of internationally traded oil, dropped more than 7 per cent during early trading before trimming its losses. It was down 5.09 per cent at $83.51 a barrel […]
Arabian Post Staff -Dubai Dubai Future Foundation and autonomous vehicle technology company Oxa have launched a laboratory to develop, test and commercialise self-driving logistics systems for ports, airports and other industrial sites. The Autonomous Logistics Future Lab will operate through SHIFFT, a joint venture established under the Dubai Research, Development and Innovation Ecosystem. Its first commercial deployment is planned in Dubai before the end of 2027. The […]
Canary Capital’s spot Hedera exchange-traded fund has expanded regulated access to HBAR through Nasdaq, giving investors exposure to the cryptocurrency without requiring digital wallets, private keys or direct custody arrangements. The Canary HBAR ETF, trading under the ticker HBR, is the first US-listed spot fund dedicated to Hedera’s native token. The product began operations on October 27, 2025, and started trading on Nasdaq the following day after […]
XRP entered August trading near $1.06, with investors weighing strong institutional demand against fading expectations that US lawmakers will pass landmark cryptocurrency legislation before the congressional recess. The token remains about 71% below the record of roughly $3.66 reached in July 2025, when regulatory optimism and expectations of exchange-traded fund approvals drove a sharp market advance. Its subdued price has prompted debate over whether institutional accumulation is […]
Trump Media & Technology Group’s publicly tracked bitcoin holdings have fallen to almost the exact amount it previously disclosed as collateral for convertible notes, intensifying scrutiny over whether a $165 million transfer to Crypto. com was a custody adjustment or a disposal. Wallets linked to the Truth Social parent moved about 2,628 bitcoin to Crypto. com in two transactions during the weekend. The tokens were valued at […]
Arabian Post Staff -Dubai The UAE has approved Lipfendra, a once-daily pill designed to sharply reduce harmful cholesterol, becoming the second country after the United States to authorise the first oral treatment targeting the PCSK9 protein. The Emirates Drug Establishment approved the medicine for adults with elevated low-density lipoprotein cholesterol, or LDL-C, including those with heterozygous familial hypercholesterolaemia, an inherited disorder that causes dangerously high cholesterol levels. […]
Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, gaining its customer accounts, branches, cash machines and associated employees in a transaction expected to strengthen the Dubai-based lender’s position in one of the Arab world’s largest financial markets. The acquisition will be conducted through Emirates NBD Egypt, the banking group’s wholly owned subsidiary. Completion is targeted for the second half of […]
SINGAPORE – Media OutReach Newswire – 3 August 2026 – Times Avenue by Horology Maison marks its five-year anniversary in 2026, as Singapore’s pre-owned luxury watch market expands amid a broader slowdown in the global watch industry.
A Growing Secondary Market and the Case for Regulated Dealers
The Bloomberg Subdial Watch Index, which tracks the 50 most-traded references by transaction value, recorded its best half-year performance since early 2022 in the first half of 2025, reflecting a broader shift in buyer preference towards the secondary channel.
The growth of the pre-owned segment has been driven by a combination of factors, including tighter supply of popular references at authorised dealers, record gold prices lifting new watch retail costs, and a shift among buyers towards immediate availability and market-reflective pricing.
Founded in 2020, Times Avenue has grown alongside this trend, transacting more than 3,000 authenticated timepieces from its Beach Road boutique over its first five years of operation. The boutique’s inventory is weighted towards luxury Swiss timepieces including Rolex, Patek Philippe, Audemars Piguet, Tudor and Cartier, with a focus on sought-after references that are typically subject to long waiting lists in the primary market.
At the same time, authentication and fraud risks in the secondary channel have drawn public attention, including the recent prosecution of an Italian national who attempted to trade a “fake” Rolex GMT Saru at a Singapore retailer. Both developments underline the importance of sourcing from licensed, regulated dealers.
Licensed secondhand goods dealers like Times Avenue operate under frameworks that impose customer due diligence, transaction reporting, record-keeping, and stock movement obligations. Exempted by the Singapore Police Force and a fully regulated dealer under the Ministry of Law, Times Avenue ensures that every watch sold undergoes rigorous in-house authentication before it reaches the client, and each piece is covered by an in-house warranty, giving buyers assurance of authenticity for every transaction.
Times Avenue also offers in-person buying from the public, trade-ins, consignment, and authentication, alongside retail, covering both the acquisition and resale ends of the secondary market.
Clients and prospective buyers can view current inventory, arrange private viewings, or request a sourcing consultation at https://horologymaison.com/contact-us/.
Hashtag: #TimesAvenue #PreOwnedWatches #LuxuryWatchesSingapore #WatchCollector #HorologyMaison
https://horologymaison.com/
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carousell: https://www.carousell.sg/u/timesavenuesg/
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The issuer is solely responsible for the content of this announcement.
Times Avenue by Horology Maison is a Singapore-based luxury watch grey dealer established in 2021, offering authenticated new and pre-owned timepieces from Rolex, Patek Philippe, Audemars Piguet, Tudor, Cartier and other leading maisons. The company provides retail, buying, trade-in, consignment, sourcing and authentication services from its boutique at 371 Beach Road #02-55 City Gate, Singapore 199597. Times Avenue by Horology Maison is registered with the Ministry of Law as a Regulated Dealer (Registration No. PS20220002864) and holds SPF Exempted Second-Hand Goods Dealer status.
Arabian Post Staff -Dubai US President Donald Trump has suspended a planned military attack on Iran after Tehran and several Middle Eastern governments indicated that negotiations could produce a swift agreement to reopen the Strait of Hormuz. Trump said the operation had been cancelled on the condition that the parties rapidly finalise a deal addressing maritime access and Iran’s nuclear programme. He warned that US forces remained […]
FIFA president Gianni Infantino has abandoned a proposal to sell a stake in the World Cup’s commercial operations to private investors after opposition from football authorities threatened to fracture the global game. Infantino confirmed that the FIFA Forward Enterprise project “will not proceed”, acknowledging that it had created divisions that were no longer compatible with the governing body’s stated aim of uniting and developing football. The reversal […]
Arabian Post Staff -Dubai Oil prices jumped more than 7 per cent after Iran fired missiles towards US forces and Saudi Arabia joined American strikes against Iran-aligned militias in Iraq, reviving fears of a broader conflict disrupting Middle Eastern energy supplies. Brent crude rose 7.92 per cent to $90.75 a barrel during Wednesday’s trading, while West Texas Intermediate gained 6.94 per cent to $84.76. The advance reversed […]
A critical flaw in Coldcard hardware wallets has enabled the theft of at least 594 bitcoin from hundreds of users, intensifying scrutiny of devices promoted as one of the safest ways to store digital assets. The stolen cryptocurrency was valued at about $38 million when the coordinated transactions occurred on July 31. Claims circulating on social media that the loss has exceeded $88 million could not be […]
Eating one avocado each day may modestly reduce cardiovascular risk among adults with abdominal obesity by lowering the number of potentially harmful low-density lipoprotein particles circulating in the blood, a new analysis has found. The study followed 786 adults aged 25 and above for 26 weeks. Participants had abdominal obesity, defined as a waist measurement exceeding 40 inches for men and 35 inches for women. They were […]
Firewall-as-a-Service is emerging as a practical security option for online businesses seeking to protect distributed users, cloud applications and branch networks without maintaining fleets of physical firewall appliances. Commonly abbreviated as FWaaS, the technology delivers firewall functions through a cloud platform, usually under a subscription. Internet and private-network traffic is routed through the provider’s infrastructure, where security policies are applied before approved connections reach users, applications or […]
The UK Games Fund has selected 29 independent studios for grants of up to £100,000, marking the largest funding cohort since the programme began in 2015. The companies will use the Prototype Fund awards to develop original intellectual property, test projects with players and strengthen their ability to attract publishers or private investment. The grants will primarily cover employment costs for UK-based staff and contractors involved in […]
Meta’s push to build artificial intelligence agents that understand users, remember personal context and complete everyday tasks is set to face an extensive European regulatory test as key provisions of the EU Artificial Intelligence Act become applicable. The company is developing increasingly autonomous versions of Meta AI capable of planning activities, shopping, finding information and acting across Facebook, Instagram, WhatsApp, Messenger and Threads. Meta describes the project […]
Binance founder Changpeng Zhao has urged cryptocurrency holders to divide their assets among several wallets after attackers stole more than $70 million in bitcoin by exploiting weak recovery phrases generated by Coldcard hardware devices. Zhao, widely known as CZ, said even hardware wallets with long operating histories could contain software flaws. His warning marked a shift from the traditional advice to diversify cryptocurrency holdings, extending the principle […]
Google has withdrawn an experimental image-generation feature from Google Earth after users demonstrated how easily it could fabricate convincing scenes of wars, disasters and sensitive security installations. The tool allowed people to select a location in the web version of Google Earth and transform its satellite, aerial or three-dimensional imagery through written prompts. Within seconds, ordinary neighbourhoods could appear bombed, flooded or occupied by military forces, creating […]
Bitcoin is shifting from speculative traders to long-term holders, but weak demand is preventing the tightening supply structure from producing a convincing price recovery. On-chain indicators show that coins are changing hands less frequently as investors with longer holding horizons expand their share of the network’s realised value. Short-term holders now account for about 23% of Bitcoin’s realised capitalisation, a multi-year low, while the long-term holder share […]
Two transactions worth about $18 billion have reinforced private investors’ appetite for Gulf assets despite geopolitical disruption, tighter credit conditions and growing scrutiny of regional risk. The deals combine a $16 billion partnership involving Kuwait’s crude oil pipeline network and the roughly $2 billion first close of a Saudi-focused private equity fund backed by the Public Investment Fund. Together, they illustrate how infrastructure and sovereign-linked investment platforms […]
SINGAPORE – Media OutReach Newswire – 31 July 2026 – The Asia Pacific Society of Infection Control (APSIC), in collaboration with Schuelke, has launched the APSIC Environment Hygiene Excellence Award, a programme to recognise hospitals that demonstrate excellence in environmental hygiene and infection prevention across the Asia Pacific region. The programme was announced today at the APSIC 2026 Congress.
Environmental hygiene is a critical component of infection prevention and patient safety, yet standards and implementation of environmental hygiene vary significantly across the region’s healthcare settings. The new programme aims to raise awareness, strengthen best practices, and support hospitals to improve environmental hygiene through a structured, scientifically guided framework.
Participating hospitals will be evaluated using APSIC-developed guidelines and audit criteria, with assessments conducted through an independent scientific framework led by an APSIC-appointed expert panel comprising infection prevention specialists from across the region.
“Environmental hygiene is fundamental to infection prevention and patient safety, yet often under-recognised. This initiative brings renewed focus to raising standards across healthcare systems in Asia Pacific,” said Professor Moi Lin Ling, APSIC Programme Chair, APSIC Environment Hygiene Excellence Award
Through this regional collaboration, APSIC and Schuelke aim to:
Shortlisted hospitals will receive expert-led educational support, including regional webinars and on-site training sessions, to help strengthen infection prevention strategies and improve operational environmental hygiene practices. Finalists will undergo an on-site audit by APSIC experts, and winners will be honoured at the APSIC 2028 Congress.
“As a long-standing partner in infection prevention, Schuelke is committed to supporting healthcare institutions in advancing environmental hygiene standards through scientific collaboration and education,” said Patrick Kaminski, President and CEO, Schuelke Asia Pacific.
The programme represents one of the first coordinated regional efforts to standardise, assess, and recognise excellence in environmental hygiene across healthcare systems in Asia Pacific. By combining scientific criteria, expert review, and practical education, the initiative is designed to support meaningful and measurable improvements in hospital hygiene, patient safety, and infection prevention outcomes.
Healthcare institutions interested in participating in the programme can find more information at www.ehea.health
Hashtag: #Schuelke
The issuer is solely responsible for the content of this announcement.
APSIC was established in 1998 and is a multinational, voluntary organisation dedicated to advancing infection prevention and control practices to reduce hospital-associated infections, respond to emerging and re-emerging infectious diseases, and improve patient outcomes. APSIC brings together multidisciplinary infection prevention and control professionals across the region to share knowledge, experience, quality improvement initiatives, and research findings through training courses, seminars, congresses, and conferences in Asia Pacific. APSIC also works to establish collaborative partnerships that promote cost-effective, evidence-based practices across the region.
Learn more about APSIC at: https://apsic-apac.org/
Schuelke, headquartered in Norderstedt, Germany, is a global leader in infection prevention and control with more than 135 years of experience. Guided by its purpose, “We protect lives worldwide,” Schuelke is committed to advancing health and safety through innovative solutions, scientific expertise, and strong partnerships across the healthcare ecosystem.
In an increasingly interconnected world where infectious risks transcend borders, Schuelke works closely with healthcare professionals, institutions, and industry partners to strengthen infection prevention practices across diverse care settings.
The company operates across four key business areas—Healthcare, Consumer Health (OTC), Direct Patient Care, and Life Sciences—offering a comprehensive portfolio of solutions spanning antisepsis, disinfection, hygiene management, and specialised applications.
With globally recognised brands such as mikrozid®, microshield®, octenisept®, desmanol®, and desderman®, Schuelke provides trusted solutions for surface disinfection, skin antisepsis, hand hygiene, and wound care, supporting healthcare professionals in maintaining safe and effective clinical environments.
Learn more about Schuelke at: https://www.schuelke.com
Oil prices headed for their strongest monthly advance in years on Friday as the war involving the United States and Iran disrupted Middle Eastern supplies, raised shipping costs and intensified concerns over the security of global energy routes. Brent crude was on course to gain about 21% in July, despite falling by more than $1 to around $88 a barrel during early trading. West Texas Intermediate slipped […]
Roblox reported fewer daily active users than Wall Street expected in the second quarter, as stricter child-safety controls and changes to content recommendations disrupted engagement and spending across its gaming platform. Average daily active users reached 123 million during the three months ended June, up 10% from a year earlier but down 7% from the first quarter. The sequential decline was sharper than investors had anticipated and […]
Rain measured at the Hong Kong Observatory’s headquarters had already exceeded the normal July total before the final third of the month. Further heavy showers linked to Typhoon Noul and moist south-westerly air lifted the cumulative figure closer to levels last recorded nearly three decades ago.
The territory received 474.7 millimetres of rain during the first 20 days of July, 23 per cent above the monthly average of 385.8 millimetres. Additional downpours later in the month strengthened the prospect of July becoming one of the wettest on record since observations began in 1884.
Forecasters expect unsettled conditions to extend into early August. A broad area of low pressure over the northern South China Sea and the western Pacific is likely to maintain a flow of moisture towards the Guangdong coast, bringing showers, thunderstorms and periods of heavier rain.
Rainfall this month followed an unusually wet June, when about 600.5 millimetres was recorded, roughly 22 per cent above normal. The back-to-back wet months have saturated hillsides, raised the risk of landslides and placed greater pressure on drainage systems across densely built districts.
Typhoon Noul added to the disruption after approaching the southern China coast and bringing squally showers, powerful winds and rough seas. Hundreds of flights were cancelled in Hong Kong, while transport services were adjusted and residents were warned to avoid shorelines and exposed areas.
At least 21 people were injured as the storm affected the city. Fallen trees, damaged scaffolding and blocked roads were reported, although Hong Kong avoided the larger-scale destruction seen in parts of Guangdong, where hundreds of thousands of people were evacuated before landfall.
Noul became the third tropical cyclone to affect southern China during July, underlining an active phase in the western North Pacific. Cyclones Bavi and Maysak had already contributed to difficult weather conditions across parts of the region, with heavy rain extending beyond coastal areas.
Meteorologists say the extraordinary rainfall has resulted from repeated interactions between tropical systems, low-pressure troughs and moisture-rich monsoon winds. Such patterns can produce long periods of rain even when the centre of a cyclone remains some distance from Hong Kong.
The city’s steep terrain and dense urban development increase its exposure to sudden flooding. Intense rainfall can overwhelm drains within minutes, particularly in low-lying districts and older neighbourhoods where water has fewer routes to escape.
Officials have repeatedly reminded residents to monitor rainstorm warnings, avoid watercourses and report signs of slope instability. Schools, businesses and public transport operators are required to follow warning arrangements when Amber, Red or Black rainstorm signals are issued.
The Observatory has issued dozens of rainstorm warnings since June, far more than during the same period last year. The frequency reflects not only the amount of rain but the number of intense bursts capable of disrupting travel and daily activity.
Hong Kong has experienced several severe rainfall episodes over the past few years. A record-breaking storm in September 2023 produced 158.1 millimetres of rain in a single hour, the highest hourly total since records began, flooding roads, underground stations and shopping areas.
A cluster of four Black rainstorm episodes between late July and early August 2025 further demonstrated the difficulty of forecasting small, fast-developing systems. Some storms formed rapidly near the Pearl River estuary, leaving limited time for highly localised warnings.
Climate researchers expect warmer air and seas to increase the moisture available to tropical weather systems. A warmer atmosphere can hold more water vapour, raising the potential for heavier short-duration rainfall when atmospheric conditions trigger thunderstorms.
Natural year-to-year variations remain important, and no single wet month can be attributed solely to climate change. Long-term observations, however, show growing concern over the intensity of extreme rainfall events across subtropical coastal cities.
The financial impact extends beyond damaged property. Persistent bad weather can affect aviation, shipping, construction, retail activity and outdoor tourism. Insurance claims may rise when flooding damages vehicles, homes and commercial premises.
