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Hang Lung Celebrates 65th Anniversary with “Throwback Causeway Days” Exhibition

Fashion Walk exhibition commemorates the Company’s enduring legacy in Causeway Bay HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 19 September 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) announced the launch of “Throwback Causeway Days,” a curated streetscape exhibition celebrating the Company’s 65th Anniversary at Fashion Walk in Causeway Bay. Since its founding on September 13, […]

The 22nd CAEXPO and CABIS Open in Nanning, Guangxi

NANNING, CHINA – Media OutReach Newswire – 19 September 2025 – On September 17, the 22nd China-ASEAN Expo and China-ASEAN Business and Investment Summit opened in Nanning, Guangxi. The theme of this year’s expo and summit is “Digital Intelligence and Innovation empower Development – Leveraging ASEAN-China FTA 3.0 new opportunities for an even closer ASEAN-China community with a shared future,” attended by Chinese and foreign leaders, government […]

Noguchi Coin Debuts First-Ever Pop-Up Store Outside Japan

The pop-up will feature Exclusive Noguchi Coin x Jewel Limited-Edition Commemorative Coin and GST-exempt Coins from Mints across the World SINGAPORE – Media OutReach Newswire – 19 September 2025 – Noguchi Coin will unveil the first-ever Jewel Special Edition Commemorative Coin at its debut overseas pop-up in Jewel Changi Airport, Singapore. Strictly limited to 100 pieces and available only for a limited time, the release marks a […]

Docker-CNCF Alliance Set to Elevate Cloud Native Open Source Ecosystem

CNCF has formalised a partnership with Docker that grants all projects hosted under its umbrella full access to Docker’s Sponsored Open Source programme. The move promises enhanced registry features, advanced security tools and engagement insights for developers and maintainers alike. Under this agreement, CNCF-hosted projects will receive unlimited image pulls from Docker Hub, alleviating past constraints experienced under strict pull policies. They will also earn a Sponsored […]

Trump-Xi Dialogue Set to Seal TikTok Deal Amid Trade and Tech Friction

Leaders Donald Trump and Xi Jinping are scheduled to hold a phone call on Friday that may finalise a framework deal governing TikTok’s operations in the United States, even as tensions over tariffs and semiconductors sharpen. Senior U. S. and Chinese officials have indicated agreement on a deal which would transfer ownership or control of TikTok’s U. S. assets to American entities, meeting U. S. national security […]

ROSHN Opens Sales on New Phase of SEDRA in Riyadh

ROSHN Group, a Public Investment Fund-backed real estate developer, has launched home sales for the fifth phase of the SEDRA community in northern Riyadh, offering updated designs and expanded amenities as part of a push to meet growing demand. The new release includes more than 44 percent of the phase dedicated to open spaces and public amenities, featuring running routes, cycle paths, and landscaping built around a […]

Policy Address by Hong Kong SAR’s Chief Executive John Lee: Building an international hub for business, investment and new industries

HONG KONG SAR – Media OutReach Newswire – 18 September 2025 – Hong Kong’s Chief Executive, John Lee, in his 2025 Policy Address announced yesterday (September 17) set out a range of measures to diversify Hong Kong’s economy and reinforce the city’s status as an international hub for business, investment and new industrialisation. “Backed by strong national support and a high degree of global connectivity, Hong Kong […]

CEC Officially Refutes Fresh Allegations By Rahul Gandhi Against Him On Vote Chori

VinFast announces strategic partnership with the Arabian automobile association to elevate aftersales service quality in the Middle East

DUBAI, UAE – Media OutReach Newswire – 18 September 2025 – VinFast has officially announced a strategic partnership with the Arabian Automobile Association (AAA), a leading provider of vehicle support services in the Middle East, to launch comprehensive roadside assistance for VinFast customers across six countries: the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman. This collaboration marks a significant milestone in VinFast’s ongoing […]

Vampire Clans to Be Free-for-All at Launch in Bloodlines 2

Paradox Interactive and The Chinese Room have reversed course: two key vampire clans, Lasombra and Toreador, will no longer be locked behind paid DLC for Vampire: The Masquerade ‒ Bloodlines 2. They will be included in the base game at launch on 21 October 2025. Originally, those clans were set to be part of the “Shadows & Silk” add‐on pack or accessible via the Premium Edition. That […]

AD Ports Group Orders Two 780-TEU Vessels from Baku Yard

Abu Dhabi-based AD Ports Group has struck a deal with Azerbaijan Transport and Communication Holding to build two shallow-draft container ships of 780 TEUs each at Baku Shipyard. The vessels, intended for operation across the Caspian Sea, are scheduled for delivery in the fourth quarter of 2027. The contract marks the first time an international company has placed a cargo-ship order with Baku Shipyard. The agreement was […]

UAE Joins 14-Nation Coalition for Open Trade Push

Abu Dhabi has become the newest member of a 14-country initiative called the Future of Investment and Trade Partnership, a coalition committed to defending “open and free” trade in response to rising global protectionism. The partnership, unveiled with a joint declaration, seeks to tackle barriers that impede cross-border commerce, amplify foreign direct investment, and ensure that trade rules are inclusive and transparent. Its launch reflects growing concern […]

Dubai Investments Moves to Float DIP Stake via IPO

Dubai Investments has unveiled plans to sell up to 25 per cent of its real-estate arm, Dubai Investments Park, through an initial public offering that may value the unit at $2.5 billion. The company is in discussions with banks, while key details — including exact timing — are yet to be finalised. The mixed-use development across 2,300 hectares comprises industrial, commercial and residential zones, housing over 160,000 […]

Hainan FTP promotion conference held in Hong Kong

HONG KONG SAR – Media OutReach Newswire – 18 September 2025 – On the occasion of the 100-day countdown to the island-wide special customs operations of the Hainan Free Trade Port (FTP), the Hainan FTP Promotion and Policy Interpretation Conference was organized at the Hong Kong Convention and Exhibition Center on Sept. 9th. On Sept. 9th, enterprises from Hainan and Hong Kong signed agreements at the Hong […]

Gulf Central Banks Slash Interest Rates Following Fed Cut

Gulf Cooperation Council central banks have lowered key interest rates across the region after the United States Federal Reserve reduced its benchmark rate by 25 basis points. The move marks the Fed’s first rate cut this year, and Gulf economies have quickly aligned their monetary policy to maintain currency pegs, apart from Kuwait, which pegs its dinar to a basket of currencies rather than solely to the dollar.

Saudi Arabia cut its repo rate to 4.75% and its reverse repo rate to 4.25%. The UAE lowered its overnight deposit facility rate to 4.15%. Qatar reduced its deposit, lending, and repo rates each by 25 basis points. Bahrain, Oman, and Kuwait also followed suit with 25 basis point cuts to their key rates.

The rationale driving these moves lies in the Gulf states’ monetary frameworks. Most GCC currencies are pegged to the US dollar, meaning their central banks generally mirror US monetary policy to preserve exchange rate stability. Kuwait stands out as it links its currency to a basket of currencies, weakening the direct link to Fed actions.

Economic analysts note that easing borrowing costs could help stimulate sectors beyond oil, such as real estate, tourism and manufacturing—areas that have strong roles in GCC diversification plans. The UAE expects its non-oil economy to grow by 5.1% this year, while inflation remains modest, easing pressure on rate cuts.

In the United States, the Fed’s decision also signalled expectations of further cuts before the end of the year, setting a stage for global monetary easing. Chair Jerome Powell emphasised that although inflation remains above target, the labour market has weakened enough to justify the cut, but that future reductions will be measured.

Decoding Prime Minister Narendra Modi As A Political Leader On His 75th Birthday

Curve DAO Proposal Eyes $60 Million crvUSD Pre-Mint to Ignite Yield Basis

Curve DAO is considering a proposal to pre-mint 60 million crvUSD to support its new Yield Basis AMM, a mechanism designed to use leveraged Bitcoin pools to eliminate impermanent loss while boosting yield. The crvUSD would be borrowed and paired with BTC in liquidity positions rather than sold on the open market, avoiding direct dilution of circulating stablecoin supply.

Proposed by Curve founder Michael Egorov, Yield Basis is expected to launch with three capped pools, each for BTC wrappers, with deposit limits of about US$10 million per pool. The proposal claims that Yield Basis returns value to both veYB holders and to Curve / veCRV holders through trade-and-fee flows, vote incentives, and other revenue mechanisms.

However, the plan has met with resistance in Curve’s governance forums. Critics warn that pre-minting unbacked crvUSD introduces systemic risk, including potential for unmanageable supply growth, governance overreach, and threats to the peg of crvUSD. One commenter described the risk of minting “out-of-thin-air, unbacked, 60M crvUSD”. Some community members argue the DAO’s current permissions already allow arbitrary minting of crvUSD, a concern in light of past vulnerabilities.

Risk mitigation is a major topic of debate. Suggestions include turning the pre-mint into a strict credit line structure, with per-pool limits, a governance-controlled kill-switch, staged rollout starting with a single BTC wrapper, insurance or first-loss vaults, and better transparency via telemetry dashboards. Yield Basis proponents have responded by noting that the protocol has passed six audits to date, is running a Sherlock bug bounty, and intends to enforce caps at launch. They emphasise that crvUSD in Yield Basis is minted only when BTC is deposited.

Scale and revenue projections form a core of the discussion. The proposal argues that Yield Basis solves what’s known as the demand-side absorption issue for crvUSD: rather than minting tokens that are sold, pairing them internally with BTC leverages LP positions, creating supply sinks and revenue flows. Fee distributions—from arbitrage trades, stablecoin pair pools involving crvUSD, and trading commissions—are structured to benefit veCRV holders, veYB holders, and liquidity providers. The DAO ecosystem is slated to receive a share of YB token inflation for vote incentives in major stablecoin pools.

Stakeholders are closely watching governance dynamics. veCRV voting power is fragmented, voter turnout on high-stakes proposals is variable, and some members say optics could affect market confidence. The precedent set by this mint could influence how future protocol decisions are made.

Twelve Rising Talents from Germany Complete Five-Day Visit to Hong Kong and Shenzhen Experiencing the Region’s Vibrant Innovation and Technology Ecosystem

The visit showcased Hong Kong’s appeal as a launchpad for global talent and startups to the winners of a pitch competition hosted by Hong Kong Talent Engage in partnership with Germany’s Young Founders Network HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Twelve outstanding young innovation and technology (I&T) talents and six organisers from Germany completed an intensive five-day trip to Hong Kong […]

ManageEngine Overhauls Log360 to Cut SOC Alert Noise

ManageEngine has rolled out substantial enhancements to its unified security solution, Log360, aimed at reducing the volume of false alarms faced by security operations centre teams. The upgraded detection system introduces over 1,500 prebuilt, cloud-delivered detection rules mapped to MITRE ATT&CK and SIGMA frameworks, along with advanced filtering and prioritisation features. The alert fatigue that has long plagued SOC analysts is being addressed through a reengineered detection […]

U.S. Single-Family Homebuilding Plunges Amid Oversupply and Market Softness

Single-family housing starts in the United States dropped by 7.0 per cent in August to a seasonally adjusted annual rate of about 890,000 units, marking the lowest level since April 2023, according to Commerce Department data. Permits for future single-family construction fell 2.2 per cent to roughly 856,000 units, underscoring weakening builder confidence. Overall housing starts, including multifamily units, tumbled 8.5 per cent month-on-month to 1.307 million […]

Cushman & Wakefield responses to the Policy Address 2025/26

HONG KONG SAR – Media OutReach Newswire – 17 September 2025 – Response to the Policy Address 2025/26 by KK Chiu, International Director, Chief Executive, Greater China of Cushman & Wakefield: Housing Supply and Land Policy Optimize land resource allocation and accelerate public housing supply Hong Kong’s land allocation policies have a profound impact on people’s lives. We are pleased to see the government actively promoting Light […]

Prosus Stakes Big Claim in Urban Company with 7.35% Holding

Prosus NV has raised its holding in Urban Company Ltd to 7.35 per cent, after acquiring roughly an additional 4 percentage points by investing about $139 million, ahead of the home services startup’s Initial Public Offering. This move positions Prosus as one of Urban Company’s largest shareholders and signals strong institutional faith in the firm’s prospects.

Urban Company’s IPO drew overwhelming demand — it was subscribed over 103 times — and its shares listed at a premium of about 57.5 per cent over the issue price on the National Stock Exchange, opening at ₹162.25 versus the ₹103 issue price. The listing surged the company’s market valuation to nearly $2.8 billion.

According to Ashutosh Sharma, head of Prosus India Ecosystem, the firm increased its stake during the IPO allotment. Prosus first backed Urban Company in 2021; this latest acquisition underscores its continued appetite for stakes in Indian startups with domestic consumer and service-led business models.

Urban Company, founded in 2014 by Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, operates across home services such as beauty, cleaning, appliance repair and plumbing. It has expanded into over 50 cities in India and also operates in international markets including UAE and Singapore. The company reported strong financial performance in its fiscal year ending 2025, with revenue growth of around 36 per cent year-on-year and its first net profit of approximately ₹239–₹240 crore.

Investor enthusiasm was evident in the IPO process. Qualified Institutional Buyers led the subscription with particularly strong bids. The grey market premium, which reflects expectations ahead of listing, had risen to over 50 per cent above the issue price, signalling investor confidence in an upward listing trajectory.

Prosus’s move comes amid a broader trend of institutional investors increasing their exposure to Indian startups ahead of IPOs, particularly those in consumer-facing, service-oriented sectors. Earlier urban and tech-led listings have attracted robust demand, and IPOs that show solid unit economics—strong margins, revenue growth, steps toward profit—are being favoured by capital.

Urban Company’s stock market debut saw a steep rise: the shares not only opened with a 57.5 per cent premium on NSE, but trading surged further, reflecting both investor optimism and perceived underpricing in its IPO offer.

Prosus, headquartered in the Netherlands and known for its early stake in Tencent Holdings, has invested over $8-9 billion in the Indian startup ecosystem. It has backed firms such as Swiggy, Meesho, and PayU. Its amplified investment in Urban Company exemplifies a strategy of anchoring bets on firms that combine growth potential with improving financial metrics.

QS World University Rankings 2026: NUS Business School MBA ranked No. 1 in Asia for third consecutive year

SINGAPORE – Media OutReach Newswire – 17 September 2025 – The National University of Singapore (NUS) Business School’s Master of Business Administration (MBA) is ranked first in Asia for the third year in a row in the Quacquarelli Symonds (QS) Global MBA Rankings 2026. The NUS MBA programme rose two places to 23rd worldwide, achieving its highest-ever global position in an evaluation pool that expanded by almost […]

Singapore residents seek purpose, not just rest, but many unprepared for the journey: AIA Live Better Study

AIA Live Better Study highlights a critical gap between retirement aspirations and readiness, with social connections emerging as an unsung hero for a fulfilling later life. SINGAPORE – Media OutReach Newswire – 17 September 2025 – AIA Singapore today announced findings from the eighth edition of the AIA Live Better Study, which reflects the evolution of mindsets where retirement in Singapore is being perceived as a new […]