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Hong Kong is ranked 10th – the only other Asian market in the top 10 most connected list Globalization reached a record high, despite pandemic and geopolitical conflict Current level of globalization at only 25 percent, citing large potential to continue growing global flows Evidence points to robust intra-Asia trade flows and intercontinental trade demand between Asia and the West SINGAPORE – Media OutReach Newswire – 13 […]

South Korea’s National Tax Service (NTS) is taking a significant step towards clamping down on cryptocurrency tax evasion with the development of a virtual asset tax system. This system, expected to be operational by 2025, aims to enhance transparency in the burgeoning virtual asset market and ensure fair taxation practices. The move comes amidst a global surge in cryptocurrency investment, fueled in part by the recent approval […]

HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 13 March 2024 – The HCM City Development Joint Stock Commercial Bank (HDBank) has hiked its loan limits and promoted lending for rice production and export value chains to enable Vietnamese rice to reach the world. At the eighth congress of the Vietnam Farmers Union held in December 2023, HDBank launched its HDBank Rural Services, a specialised […]

SINGAPORE – Media OutReach Newswire – 13 March 2024 – To strengthen platform security and provide more diverse services to the market, renowned cryptocurrency exchange DAOX has announced the hosting of an Asia-Pacific developer conference in May. With the rapid development of blockchain and cryptocurrencies, DAOX Exchange, as a decentralized digital securities asset trading service platform, is committed to providing users with a secure and reliable trading […]

BANGKOK, THAILAND – Media OutReach Newswire – 13 March 2024 – Dr. Kongkrapan Intarajang, CEO and President of PTT Global Chemical Public Company Limited or GC, revealed that GC has been ranked in the global sustainable company with a Top 1% S&P Global ESG Score, securing the No. 1 with the highest score among over 355 companies in the global chemicals sector. This reinforces the company’s reputation […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 March 2024 – As part of its continuous effort to create a dedicated community for beginner traders in Malaysia, Octa teamed up with Ezone Constantine, a trading expert and coach, to hold a workshop called Trading 101: Workshop for beginners in Kuala Lumpur. Held on 24 February 2024, this offline event focused on helping beginner traders learn Forex […]

The U.S. Department of the Treasury has proposed a new tax framework for digital assets, targeting both environmental impact and tax avoidance within the cryptocurrency industry. The plan, which aligns with President Biden’s previously outlined budgetary goals, introduces a novel 30% excise tax on the electricity consumption of cryptocurrency miners. Additionally, the proposal aims to close existing loopholes exploited through wash trading, a practice where investors buy […]

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Bitcoin Ordinals, a novel way of inscribing data like images and text directly onto individual satoshis (the smallest unit of Bitcoin), have witnessed a significant surge in popularity in recent months. According to a new report, the total sales volume of these Ordinals reached a staggering $1.6 billion over the past three months, with over 200,000 unique buyers participating in the market. While the leading cryptocurrency exchange […]

South Korea’s K Bank, a leading internet-only bank, is reportedly exploring an initial public offering (IPO) following a period of significant growth fueled by its embrace of cryptocurrency operations. This potential move comes against the backdrop of a surging Bitcoin price and a rapidly expanding customer base that now exceeds 10 million. K Bank’s foray into the crypto space has been a key driver of its recent […]

BingX, a leading cryptocurrency research platform, has published its highly anticipated report on Token Investment Outlook for March 2024. SINGAPORE – Media OutReach Newswire – 11 March 2024 – BingX, a leading cryptocurrency research platform, has published its highly anticipated report on Token Investment Outlook for March 2024. The report provides valuable insights into the current trends and investment opportunities in the cryptocurrency market. Bitcoin, the flagship […]

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 7 March 2024 – Sahm Capital Financial Company, a leading brokerage firm licensed by the Saudi Capital Market Authority (No: 22251-25), showcased its all-in-one comprehensive trading solutions at booth H1A.C100 in LEAP 2024, a global technology event taking place in Riyadh. Throughout the four-day event, Sahm Capital also unveiled its latest AI-generated solutions, featuring an AI presenter named ‘Aliyah’, […]

In a move to solidify its presence in the UAE’s agricultural sector, Ghitha Holding, a subsidiary of the massive Abu Dhabi-based conglomerate International Holding Company (IHC), has acquired an additional 12% stake in Al Ain Farms for Livestock Production. The deal, valued at AED 61 million (roughly $16.6 million), was announced on Friday through a filing on the Abu Dhabi Securities Exchange (ADX). This acquisition is being […]

HONG KONG SAR – Media OutReach Newswire – 8 March 2024 – Representing another significant participant in the Hong Kong’s virtual asset sphere, fintech company AnchorX has announced its official establishment and plan for exploration of Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. AnchorX envisions becoming the most trusted provider of digital currency solutions in Asia, empowering reliable and efficient global exchanges. Industry leaders from both traditional finance […]

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 March 2024 – Green Wooden Dragon is the symbol of 2024 is, and it promises to be an epic year, as Dragon is seen as a precursor of growth, success, and new opportunities. In the world of traders, there is the Dragon chart pattern that helps traders make profits in the financial markets. Octa Analytics explains what this […]

HONG KONG SAR – Media OutReach Newswire – 9 March 2024 – Isola Castle Ltd (Isola Castle) and Vinda International Holdings Limited (Vinda) are pleased to jointly announce that all Pre-Conditions relating to the voluntary conditional cash offer (Offer) to acquire Vinda’s Shares have been satisfied and the Offer is open for shareholders’ acceptance. Isola Castle is a special purpose vehicle indirectly wholly-owned by APRIL which is […]

The Commodity Futures Trading Commission (CFTC) is taking a step towards clearer regulation in the digital asset space. On Wednesday, the CFTC’s Global Markets Advisory Committee (GMAC) voted to advance a “digital assets taxonomy” for agency review. This framework aims to standardize the terminology used for various digital assets, including cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). Proponents of the taxonomy believe it will bring much-needed […]

Oman and Japan have pledged to strengthen their economic relationship, aiming to unlock new avenues for trade and investment cooperation. This commitment comes after a recent meeting between Khalid Almuslahi, Oman’s Foreign Ministry Undersecretary, and Iwata Kazuchika, Japan’s Minister of Economy, Trade and Industry. The two nations boast a longstanding economic partnership, with bilateral trade reaching a significant $4.6 billion. Notably, Japan is a crucial trading partner […]

Leading cryptocurrency derivatives exchange BloFin has cemented its position as a major player in the industry by securing a platinum sponsorship for the upcoming TOKEN2049 Dubai event. This sponsorship deal signifies BloFin’s commitment to fostering collaboration and growth within the global crypto ecosystem. TOKEN2049, scheduled to take place in Dubai later this year, is one of the premier gatherings for crypto industry professionals. The event brings together […]

BloFin, a rising cryptocurrency derivatives exchange, announced today that it has secured regulatory approval from the Platinu Authority, a well-respected financial oversight body known for its stringent standards. This development marks a significant milestone for BloFin, potentially positioning it as a major player in the burgeoning crypto derivatives market. The Platinu Authority’s approval signifies BloFin’s adherence to rigorous regulatory requirements, including robust security protocols, transparent trading practices, […]

With industry-leading infrastructure and 30+ years of experience, DCH Logistics offers tailored supply chain solutions designed to give partners a competitive edge HONG KONG SAR – Media OutReach Newswire – 6 March 2024 – Today, DCH Logistics, a subsidiary of leading motor and consumer goods distributor, Dah Chong Hong Holdings (DCH), hosted an event showcasing its refreshed brand identity. As an integral part of DCH’s food and […]

Immersive exhibition invites visitors to discover the country’s past, present and future NUSSLI, LAVA, and insglück collaborate for ambitious project TOKYO, JAPAN – Newsaktuell – 5 March 2024 – The architecture and exhibition of the Kuwait Pavilion at the upcoming World Expo 2025 in Osaka, Japan were unveiled to the public today at a ceremony in Tokyo, Japan. Attended by distinguished guests from politics, business, media and […]

Many cryptos are themselves valuable assets, bringing their owners additional income by simply growing in price over time. However, an even more effective way to build wealth is by putting crypto into practice, and that’s not trading we are talking about. The crypto expansion is significantly driven by the increased inflation experienced by fiat currencies, resulting in low interest rates globally. Countries with healthy economies target a […]

The World Trade Organization (WTO) recently concluded its 13th Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates, and the organization itself has hailed the event as a success. Held from February 26th to 29th, the conference brought together trade ministers and senior officials from all 164 WTO member countries to discuss pressing issues in global trade and the future of the organization. One of the key […]

BANGKOK, THAILAND – Media OutReach Newswire – 3 March 2024 – On the 2nd of March, global cryptocurrency exchange CoinEx released its first promo video on YouTube counting down to the highly anticipated Bitcoin halving in 2024. Titled “Coin In CoinEx”, the 2-minute ad encapsulates an industry milestone through the lens of CoinEx’s philosophy. Following up on their previous teaser video outdoor advertisement, you can find the […]

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