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Sunlight Real Estate Investment Trust (“Sunlight REIT”) Interim Results for the Six Months Ended 31 December 2023

HONG KONG SAR – Media OutReach Newswire – 27 February 2024 – Henderson Sunlight Asset Management Limited (the “Manager“) announces the interim results of Sunlight REIT for the six months ended 31 December 2023 (the “Reporting Period“). Sunlight REIT recorded a 7.9% year-on-year increase in revenue to HK$419.2 million for the Reporting Period, mainly attributable to a full six-month contribution from West 9 Zone Kids. Net property […]

Cryptocurrency Exchange HTX Withdraws Hong Kong License Application

HTX, a cryptocurrency exchange formerly known as Huobi, submitted an application for a license to operate in Hong Kong on February 20, 2024. However, in a surprising move, the company withdrew the application just three days later, on February 23rd. This unexpected development has left industry observers and potential investors wondering about HTX’s future plans in the Asian financial hub. The news of the withdrawal came from […]

Dubai: A Dazzling Destination for Gold Seekers

Dubai, the glittering city rising from the desert sands, has long captivated the world with its opulent displays of wealth and luxury. But beneath the towering skyscrapers and futuristic architecture lies a more traditional allure: its thriving gold market. For decades, Dubai has established itself as a premier destination for gold enthusiasts, attracting international shoppers with its unique blend of competitive prices, exceptional quality, and an unparalleled […]

Utilizing Deep Learning for Enhanced Market Trend Analysis in Forex

The financial landscape in the United Arab Emirates (UAE) is witnessing a significant transformation, thanks to the integration of deep learning technologies in the realm of Forex trading. For investors engaged in online trading in the UAE, leveraging deep learning offers an unparalleled advantage in analyzing market trends and making informed decisions. This advanced subset of machine learning is capable of processing and learning from vast amounts […]

SUN.io Partners with HTX DAO, Adding Approximately $100M to HTX/TRX Liquidity

SINGAPORE – Media OutReach Newswire – 26 February 2024 – On February 25, SUN.io, the largest DeFi platform in the TRON ecosystem, announced a strategic partnership with HTX DAO. As stated by SUN.io, this alliance is set to increase its total value locked (TVL) by an extra $100 million, enhancing its capacity to leverage blockchain and cryptocurrency technology. This advancement will enable the provision of accessible, secure, […]

APAC Nations Shine in Kearney’s 2023 Global Retail Development Index, Revealing Strategic Opportunities in Emerging Markets

SINGAPORE – Media OutReach Newswire – 22 February 2024 – In a year that has witnessed a reshuffle of emerging market potentials, global consultancy Kearney‘s 2023 Global Retail Development Index (GRDI) captures the core of a retail landscape at a crossroads. The report, a bi-yearly survey of the most promising retail markets worldwide, underscores the agility and dynamism of retail economies adapting to a reshaped world. Asia […]

Octa – Safety comes first: 4 reasons to invest with a global broker

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 23 February 2024 – In search of a consistent source of supplementary income, many ambitious investors opt for trading Forex and CFDs (contracts for difference), which offer quick potential returns and a low entry threshold. But choosing a secure financial platform with a wide range of tradable assets and secure withdrawal of funds remains a problem. The current investing […]

Saxo Bank Forecasts 2024 UAE Economic Growth Above 5.5%

Saxo Bank, a prominent financial institution, projects the United Arab Emirates’ economic growth to surpass 5.5% in the upcoming year. The forecast aligns with the bank’s analysis of current economic indicators and global trends influencing the UAE’s financial landscape. As the UAE continues to position itself as a key player in the global economy, Saxo Bank’s optimistic outlook underscores the nation’s resilience and strategic economic initiatives. The […]

Shiba Inu Millionaire Potential Hinges on Key Event

Shiba Inu, the cryptocurrency that gained immense popularity in recent months, has been a focal point of discussions among investors and enthusiasts alike. The potential for significant financial gains has drawn attention, with many eyeing the possibility of becoming a millionaire through Shiba Inu investments. However, this financial windfall is contingent on a specific event. Investors closely monitor ShibaSwap, the decentralized exchange platform associated with Shiba Inu. […]

Classy Kiss and Uni-China Group Enter into Strategic Cooperation Team Up to Venture into the Yogurt Product Market in Hong Kong

The first three products are now available at more than 1,000 points of sales in Hong Kong HONG KONG SAR – Media OutReach Newswire – 22 February 2024 – Classy Kiss, the number one yogurt brand in Southern China, has entered into a strategic cooperation agreement with Uni-China Group, under which Uni-China Group will serve as Classy Kiss’s sole distributor in Hong Kong to launch Classy Kiss’s […]

Nigeria Urges Telcos to Limit Binance, Coinbase Access

Nigeria has directed telecommunications companies to restrict access to Binance and Coinbase websites, raising concerns about cryptocurrency accessibility in the country. The move is part of a broader effort by Nigerian authorities to regulate digital currencies and protect investors. The Nigerian government’s decision comes amid growing global scrutiny of cryptocurrency platforms. Regulators in various countries are expressing concerns about the potential risks associated with unregulated digital assets, […]

Bitcoin Liquidity Shifts to US Amid Spot ETF Impact

The global cryptocurrency landscape witnesses a pivotal transformation as Bitcoin liquidity undergoes a significant relocation towards the United States. This shift follows the transformative influence of Spot Exchange-Traded Funds (ETFs) on crypto markets. In recent times, the dynamics of Bitcoin liquidity have experienced a noteworthy alteration, with a discernible migration of trading activity towards US-based platforms. This migration is intricately linked to the emergence and increasing prominence […]

Crypto Hedge Fund Underwent Swiss Raid Due to FTX-Linked Losses

A prominent cryptocurrency hedge fund recently experienced a surprise investigation by Swiss authorities in connection with significant financial losses linked to the FTX trading platform. The unprecedented move by Swiss regulators raises questions about the regulatory environment surrounding crypto investments and the potential implications for other funds operating in the sector. The hedge fund, known for its active involvement in the crypto market, reportedly faced the raid […]

Saudis are well aware oil market is oversupplied

Matein Khalid Saudi Arabia’s unique role in the oil market as Opec’s swing producer, the de facto central bank of oil, owes as much to its spare capacity as it does to its colossal reserves, the world’s lowest drilling cost and the sheer scale of its oil exports. However, the kingdom has also historically not hesitated to cut planned increases in spare capacity, when the Saudi government […]

Quasar Markets Announces Strategic Partnership with Ausecure

From AI insights to precious metals, a partnership pioneering financial evolution. Tampa, Florida, United States – February 17, 2024 — Quasar Markets, a leading AI-driven financial market research platform, is thrilled to announce a strategic partnership with Ausecure, a tech company renowned for offering tangible investment opportunities in precious metals such as gold, silver, and platinum. This partnership is poised to revolutionize the way investors approach the […]

Cryptocurrency’s Impact on Technological Innovation

The future of decentralized technology is closely intertwined with the evolution of cryptocurrency. The dynamic relationship between these two realms is shaping the landscape of technological innovation. Cryptocurrency, a digital or virtual form of currency using cryptography for security, has emerged as a driving force behind technological advancements. Its decentralized nature, facilitated by blockchain technology, is disrupting traditional financial systems and fostering innovation in various industries. Blockchain, […]

Bybit Elevates Web3 Swap with SWFT Blockchain Partnership

In a groundbreaking move, Bybit establishes a strategic collaboration with SWFT Blockchain, introducing unparalleled liquidity and accessibility to Web3 Swap levels. The partnership aims to reshape the landscape of digital asset trading. The integration of Bybit and SWFT Blockchain capitalizes on their respective strengths, fostering a seamless synergy that promises to revolutionize the cryptocurrency trading experience. The alliance focuses on enhancing liquidity provisions while ensuring a user-friendly […]

Trend Micro Discovers Actively Exploited Vulnerability Affecting Millions of Users: Customers Already Protected

Bug allowing attackers to bypass critical protections uncovered by Trend’s Zero Day Initiative HONG KONG SAR – Media OutReach Newswire – 15 February 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global cybersecurity leader, announced its discovery of a vulnerability in Microsoft Windows Defender that is actively being exploited by cyberthreat group Water Hydra. Trend discovered the vulnerability on December 31, 2023 and Trend customers […]

SYMMIO Enhances Onchain Derivatives Liquidity with Layer-3 Blockchain Orbs

Financial technology firm SYMMIO has strategically partnered with layer-3 blockchain platform Orbs to enhance liquidity for onchain derivatives. This collaboration aims to address challenges in the current financial landscape and create a more robust ecosystem for decentralized financial products. The integration of Orbs’ layer-3 blockchain technology is set to revolutionize SYMMIO’s approach to onchain derivatives. By leveraging the scalability and security features of Orbs, SYMMIO aims to […]

Sahm Capital Becomes Gold Sponsor of SCMF 2024

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 14 February 2024 – T Riyadh, Saudi Arabia Sahm Capital Financial Company (previously known as VCFC), a leading brokerage firm licensed by Saudi Capital Market Authority (22251-25), has announced its sponsorship of the Saudi Capital Market Forum (SCMF). As a pivotal event in the financial calendar, SCMF serves as a vibrant festival that brings together the world’s leading financial […]

Influence of social networks on financial markets – Octa overview

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 February 2024 – Social media can have a significant—sometimes critical—impact on the reputation of public companies and their quotes. Influencers in the cryptocurrency space frequently have a considerable influence on the value of cryptocurrencies. For more information, read the article. In modern conditions, social media create an environment in which the principles of interaction between people are fundamentally […]

Mother of all risk rallies

Matein Khalid “Be careful what you wish for. You may just get it”. This is an apt metaphor for the SEC’s approval of ETF launches by Wall Street’s best and brightest (biggest/meanest) fund houses from BlackRock to Fidelity, Invesco to WisdomTree. It does not surprise me that Bitcoin fell from $47,000 to $42,600 now because buy on the rumour, sell on the news is a recurrent theme […]

Tata Power Net Profit Rises To Rs 1,076 Crore In Q3

XTransfer Actively Supports “Singapore Valley Awards” Student Internship Program

SINGAPORE – Media OutReach Newswire – 7 February 2024 – XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, was recently invited to the Singapore Valley Awards (SVA) ceremony. Violas Xiao, XTransfer Local CEO of Singapore, represented the company at the event and had a friendly conversation with the Singapore Minister of Education, Chan Chun Sing. In the future, XTransfer will actively provide internship and […]