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Today, investing in cryptocurrency is one of the most rapidly developing and promising trends in the modern financial market. Due to the unstable economic situation, more and more people started thinking about additional sources of income. Primarily, people are interested in how to invest and in finding projects offering the best return. Also, they are worried about safeguarding our investments against losses during spikes in the price […]

By Matein Khalid As the 5% crude oil plunge in both WTI and Brent on fears of Omicron demand shock demonstrates, the fate of the virus is inextricably linked to global economic growth, Fed policy and thus commodities returns. Yet thanks to black gold’s stellar performance the GSCI Energy index was a winner in 2021, up 47%. Even Brent rebounded 4%  to 74 a barrel in its […]

By Manish Rai Tablighi Jamaat (TIJ) is currently grabbing the headlines for getting banned by Saudi Arabia. Saudi government official statement called Jamaat a danger to society and one of the gates of terrorism. In a tweet on December 6, the country’s Ministry of Islamic Affairs said Minister of Islamic Affairs, Dr. Abdullatif Al Alsheikh has directed the mosque preachers and the mosques that held Friday prayer […]

Arabian Post Staff GCC policymakers must navigate a challenging and uncertain landscape as the pandemic continues to cloud the global outlook and  countries are in different phases of recovery, with varied growth prospects and policy space, IMF said in an assessment of the GCC economies. The Fund noted that GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. […]

By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]

By James M Dorsey The crown jewel of China’s Belt and Road Initiative (BRI) increasingly looks like a powder keg that has exploded. Mass protests have for the past month swept Gwadar, a Chinese-dominated Pakistani port city 90 kilometres from the border with Iran that has long been plagued by intermittent protests and Baloch nationalist attacks on Chinese nationals and targets. Making things worse from China’s perspective, a […]

SINGAPORE – Media OutReach – 16 December 2021 – VP Bank announces the appointment of Chris Chee as the Chief Risk Officer (CRO) Asia, effective 16 December 2021, pending approval by the relevant financial market authorities. The appointment comes just as the Bank announced the expansion of its Hong Kong office in November, aligning with its Strategy 2026 to further growth in Asia.   Based in Hong Kong, Chris will […]

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AMSTERDAM, THE NETHERLANDS – Media OutReach – 15 December 2021 – Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform.   COVID-19 has negatively impacted SME exporters and importers, with the trade finance gap widening to 1.7 trillion USD, 15% […]

Bringing together cyber security experts to share knowledge on cutting-edge technologies and open the door for cooperation between Hong Kong and Israeli organizations HONG KONG SAR – Media OutReach – 14 December 2021 – COVID-19 has expedited the digital transformation of Hong Kong enterprises and reshaped people’s work patterns and online habits. This shift has brought cyber security to the fore, emphasizing the risks that must be tackled with […]

HONG KONG SAR – Media OutReach – 13 December 2021 – Taxation can be an effective tool for influencing corporate behaviour. Cheng & Cheng Taxation Services Limited (“Cheng & Cheng’s Taxation”) regards it is the reason why many jurisdictions are devoting huge amounts of resources in an effort to attract research and development (R&D) centres. In this, Hong Kong is no exception.   A ‘super tax deduction’ on certain R&D […]

APRU MetaGame Conference focused on education, talent, and the future of esports HONG KONG SAR – Media OutReach – 12 December 2021 – The second morning of the annual Digital Entertainment Leadership Forum (DELF) focused on education, talent, and the future of esports. At the APRU MetaGame Conference, educators and industry experts from the APAC region came together to discuss Hong Kong’s role as an emergent esports […]

After having received the same honours last year, international Forex broker OctaFX managed to impress the international guide to Forex trading, FxScouts, once again. KUALA LUMPUR, MALAYSIA – Media OutReach – 10 December 2021 – Upon careful consideration, FxScouts has allotted the international Forex broker OctaFX with their award ‘Best Forex Copy Trading Platform 2021’.   Every November, FxScouts publishes their winners in 20 different categories. Furthermore, the platform maintains […]

SINGAPORE – Media OutReach – 8 December 2021 – Chubb today announced the appointment of Scott Simpson as the new President for its general insurance businesses in Hong Kong and Macau, subject to regulatory approval. Mr. Simpson replaces Doug White who will return to his former role as Chubb’s Head of Major Accounts for Asia Pacific, a premium service division dedicated to offering underwriting, risk engineering and claims for the […]

Report offers actionable insights for overburdened security teams HONG KONG SAR – Media OutReach – 8 December 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today predicted global organizations will emerge more alert and better prepared in 2022 thanks to a comprehensive, proactive, cloud-first approach to mitigating cyber risk.   Research, foresight, and automation are critical for organizations to manage risk and secure their workforce. […]

HONG KONG SAR – Media OutReach – 7 December 2021 – Hong Kong’s economic outlook has improved and is in line for modest growth next year, according to a new survey by one of the world’s largest professional accounting organisations, CPA Australia. (from left to right) Mr Peter Lee, Divisional President 2013 of CPA Australia in Greater China; Mr Eden Wong, Divisional Deputy President 2021 of CPA Australia in Greater […]

SINGAPORE – Media OutReach – 7 December 2021 – Aon plc (NYSE: AON), a leading global professional services firm, has announced the results of its 2021 Global Risk Management Survey, which gathers input from thousands of risk managers every two years to identify key risks and challenges their organisations are facing. The past two years have proved to be incredibly volatile, with the global COVID-19 pandemic having had a ripple […]

SINGAPORE – Media OutReach – 7 December 2021 – SAP SE (NYSE: SAP) today announced that the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) selected SAP’s 4W-Wizard tool that aims at enabling customers to realise time savings and to focus on delivering humanitarian aid during disasters. OCHA’s adoption of the SAP 4W Wizard tool in humanitarian missions across the Asia Pacific region is intended to help […]

Regional Dialogue to Inspire Youth Leadership Building an Inclusive Society and Developing Social Creativity HONG KONG SAR – Media OutReach – 6 December 2021 – Co-led by Citi Foundation and the United Nations Development Programme (UNDP) and organized by the Hong Kong Council of Social Service (HKCSS), the 2021 Youth Co:Lab Hong Kong Dialogue took place last week themed “Youth’s Wellbeing and Health”. The event brought together hundreds of educators, […]

Announcement of new initiatives to align with Government climate change strategies HONG KONG SAR – Media OutReach – 3 December 2021 – The Hong Kong Quality Assurance Agency (HKQAA) held the 2021 HKQAA Symposium at the Island Shangri-La, Hong Kong today. The Honourable Mrs Carrie Lam Cheng Yuet-ngor, The Chief Executive of the Hong Kong Special Administrative Region, officiated at the event. Mr Christopher Hui, Secretary for Financial Services and […]

Feature-rich platform-based approach lets global clouds security leader accelerates investments with confidence HONG KONG SAR – Media OutReach – 3 December 2021 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today announced industry-breaking milestones reached in global cloud security.  Organizations migrating to the cloud predominantly pick Trend Micro for simple, scalable, and robust platform-based solutions. Trend Micro was the first security expert to secure cloud […]

At AWS re:Invent, NetApp Named 2021 AWS ISV Design Partner of the Year – US; Spot by NetApp Simplifies CloudOps with new portfolio updates SINGAPORE – Media OutReach – 2 December 2021 – NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced new innovations in its product portfolio as well as award recognition from Amazon Web Services (AWS) for its achievements as an AWS Partner. Together, these announcements […]

HONG KONG SAR – Media OutReach – 2 December 2021 – Empty office buildings, hotel rooms and shopping malls – these are the facts of life in the post-pandemic new normal. They are also the results of social distancing measures as well as government-imposed lockdowns implemented around the world to lessen the spread of COVID-19, the effects of which have rippled across real estate markets in Asia. It is with […]

SINGAPORE – Media OutReach – 2 December 2021 – Chubb announced today that Tulio Puente has been appointed as Division Head of International Personal Lines (IPL) in Singapore, effective 22 November 2021. Mr. Puente will report to Scott Simpson, Country President for Chubb in Singapore.   In his new role, Mr. Puente will be responsible for the overall growth and management of Singapore’s IPL division which includes the following lines of […]

ZURICH, SWITZERLAND – EQS Newswire – 1 December 2021 – Leonteq today announced the integration of its AMC Gateway into the digital marketplace LynQs. The “AMC” module empowers index sponsors to create and manage their own tailor-made index solutions. With this expansion, LynQs becomes an even more comprehensive one-stop-shop for investment solutions. Following the successful launch of the digital marketplace LynQs in 2019, Leonteq continued to enhance its platform throughout […]

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