A UPS employee failed to act on a security email barring sensitive F-35 components from transiting Hong Kong, leading the shipment to be diverted there and taken into Chinese custody, according to a person briefed on the incident. The disclosure provides the clearest explanation yet for how a cockpit canopy and weapons-bay door from an Australian F-35 ended up in Hong Kong while being shipped to the […]
HeyPolo has expanded its family safety app with driving features that let parents view a teenager’s driving behaviour, receive crash alerts and track journeys while giving the driver control over what data is shared. The app now combines a Driving Safety Score with information on speeding, phone use, harsh braking, rapid acceleration and cornering. Trip playback, real-time location sharing and arrival alerts are also available within the […]
Ernst & Young has notified clients linked to Goldman Sachs’ wealth management business and hedge fund Man Group that personal and financial information was compromised through a technology platform used to support EY’s tax services. The disclosures broaden the known impact of a cyber incident first reported to US regulators in July. Affected information included names, addresses, tax identifiers, email addresses and financial details connected with investment […]
Coinbase has completed the integration of crypto derivatives platform Deribit, creating Coinbase Global Exchange and preparing to introduce options trading, spot margin and unified portfolios over the coming weeks. The company said on Wednesday that Coinbase Financial Markets, its US-regulated futures commission merchant, will soon connect eligible US customers with global crypto derivatives liquidity through regulated infrastructure. The move brings together operations that had been split between […]
The Solana Foundation has introduced an open-source delivery-versus-payment program designed to let financial institutions settle tokenised assets and payments together in a single atomic transaction on the Solana blockchain. Solana DvP, announced on October 6, provides a standard escrow framework and application programming interface intended to replace bespoke smart contracts that institutions have needed for onchain settlements. The program is released under the MIT licence and has […]
BlockTower Capital founder Ari Paul has accused Coinbase of failing to return about $25 million belonging to his firm, while alleging that similar security breaches affected at least a dozen institutions and involved more than $1 billion. Paul, BlockTower’s founder and chief investment officer, made the claims in a social-media post on September 28, saying the loss occurred “a couple years ago”. He alleged that what initially […]
Cyber attackers are embedding concealed instructions for artificial intelligence assistants inside phishing emails, creating messages designed to deceive both human recipients and the AI systems that read, summarise or act on their inboxes. Barracuda Research said on Wednesday it had analysed a phishing campaign combining conventional social engineering with hidden prompt injections. The finding illustrates how attackers are adapting email fraud to workplaces where AI assistants increasingly […]
Apple is preparing a wider move into connected-home hardware through a partnership with LG Electronics that includes a video doorbell, thermostat, smart deadbolt and security cameras, expanding its home ecosystem beyond devices carrying its own brand. The accessories are being developed to work with Apple’s forthcoming smart home hub, alongside an upgraded HomePod mini and a refreshed Apple TV set-top box. People familiar with the project say […]
Arabian Post Staff -Dubai Senior Emirati women leaders have gathered in Dubai for a Women Board of Directors and PwC Middle East forum focused on leadership, resilience and expanding women’s influence across the UAE’s public and private sectors. The “Reaffirmation” gathering, held on September 28 at PwC Middle East’s Emaar Square offices, brought together Huda Buhumaid, Raja Al Mazrouei, Aarefa Al Falahi and Maha Al Hosani with […]
We’re heading into earnings season again in Corporate America, and S&P 500 earnings are forecast to climb 27% in the third quarter, and for the first time since 2021, every single sector is expected to grow its profits. For two years sceptics have argued the AI boom is a narrow bet on a handful of technology companies. These numbers point to an investment wave now feeding profits […]
Gulf Business Machines has established what it describes as the UAE’s first AI Lab built on the Cisco Secure AI Factory with NVIDIA, giving organisations across the Gulf a controlled environment for moving artificial intelligence projects from trials into production. The Dubai-based technology company said on Wednesday that the facility combines pre-validated computing, networking, security and AI software to support on-premises and hybrid deployments. GBM said the […]
By Arun Srivastava The political economy of a state is the interdisciplinary study of how a government’s political institutions, laws, and power dynamics interact with its economic system to produce, distribute, and manage wealth and public policy. The political economy of Uttar Pradesh is shaped by its massive electoral weight, profound caste-class cleavages, and a […]
The article Top BJP Leadership Is Leaving No Stone Unturned To Win Uttar Pradesh Assembly Polls appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
The Hong Kong Special Administrative Region (HKSAR) Government welcomed the latest report, noting that, among the five areas of assessment, the city continued to be ranked first globally in “Freedom to trade internationally” and second in “Regulation”.
“The Fraser Institute’s report once again affirms Hong Kong’s strengths as a free-market economy and its open, efficient and fair business environment,” a spokesman for the HKSAR Government said. “Amid increasing global economic uncertainties and rising trade protectionism, Hong Kong remains firmly committed to maintaining its free port status, zero-tariff policy, and simple and low tax regime, providing a secure, stable, fair, predictable and internationalised business and investment environment for investors and entrepreneurs from around the world.”
“One country, two systems” advantages
The HKSAR Government highlighted that, under the “one country, two systems” framework, Hong Kong enjoys the strong support of the Chinese Mainland and maintains close connections with the rest of the world.
“While offering convenient access to both the Chinese Mainland and international markets, Hong Kong continues to practise common law in both Chinese and English,” the spokesman said. “It also offers financial, shipping, trading and professional services that align seamlessly with international best standards, supported by an efficient government structure and a clean and professional civil service.”
These strengths enable Hong Kong to fully leverage its roles and functions as a ‘super connector’ and ‘super value-adder’, making it the best gateway for Mainland enterprises to enter international markets and for overseas enterprises to enter the Mainland.
Attracting investment and talent
So far this year, Hong Kong has continued to scale new heights in various international competitiveness rankings covering finance, innovation and technology (I&T), education and talent, reflecting wide recognition by the international community of Hong Kong’s core strengths and the HKSAR Government’s efforts to promote high-quality social and economic development.
Indeed, Hong Kong’s favourable business and living environment, coupled with the proactive and concerted efforts of the HKSAR Government and all sectors of the community, continues to attract enterprises and talent from around the world.
Last year, the number of companies in Hong Kong with parent companies overseas or in the Mainland exceeded 11,000, an increase of 11 per cent over 2024 and a record high.
The Office for Attracting Strategic Enterprises (OASES), established by the HKSAR Government in 2022, has successfully attracted over 120 strategic enterprises to date, including many global industry leaders with a market capitalisation or valuation exceeding $100 billion and possessing cutting-edge technologies.
On talent attraction, from end-2022 to August this year, over 670,000 applications were received and over 470,000 were approved under various talent admission schemes, with more than 310,000 individuals having arrived in Hong Kong.
Over the past year, Hong Kong recorded considerable growth in funds raised through initial public offerings, bank deposits and assets under management in the asset and wealth management business, reflecting international investors’ confidence in and recognition of Hong Kong.
Looking ahead
Last month, the HKSAR’s Chief Executive, John Lee, announced the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) (Hong Kong’s First Five-Year Plan) and the 2026 Policy Address.
Hong Kong’s First Five-Year Plan states that Hong Kong will remain committed to a free and open economic system and the free flow of capital, goods, people and information, all of which are Hong Kong’s core strengths under the “one country, two systems” framework.
“These efforts will inject stronger impetus into social and economic development, open up broader development prospects for local enterprises and the public, and provide greater opportunities for enterprises, investors and talent worldwide,” the spokesman said.
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Su held talks with Young Hyun Jun, Samsung’s vice chairman and chief executive of its Device Solutions division, during a visit to South Korea that also included discussions with SK Hynix chief executive Kwak Noh-jung. The meetings placed high-bandwidth memory, broader DRAM supplies and possible foundry co-operation at the centre of AMD’s efforts to secure capacity for its expanding AI business.
Speaking to reporters in Seoul, Su said AMD continued to explore opportunities with Samsung across both memory and contract chip manufacturing. She described Samsung and SK Hynix as critical partners for AMD’s data-centre ambitions and urged memory producers to add capacity as quickly as possible.
The talks come as shortages across parts of the memory market complicate expansion plans for chip designers and data-centre operators. Demand for high-bandwidth memory, or HBM, has surged because AI accelerators require substantially greater memory bandwidth than conventional computing processors, while strong demand has also tightened supplies of standard DRAM products.
Su said the supply environment remained tight and AMD was working with customers to optimise their memory requirements so available capacity could support more computing. She said the company had built a strong supply chain but was working with suppliers to accelerate its expansion.
AMD expects demand for AI computing to remain elevated for several years and plans to increase chip supply substantially in 2027. Su said during a stop in Taiwan this week that the company had extended its capacity-planning horizon from one or two years to between three and five years as it works with manufacturing partners.
That planning encompasses advanced wafers, packaging, substrates and memory, all of which have become potential constraints as companies race to build AI infrastructure. AMD has been expanding its Instinct accelerator business as it competes with Nvidia for spending by cloud providers and other large data-centre customers.
Samsung already occupies an important position in AMD’s supply plans. The companies signed a memorandum of understanding in March covering next-generation AI memory and computing technologies, with Samsung designated a primary HBM4 supplier for AMD’s Instinct MI455X graphics processor.
Their agreement also covers advanced DRAM products for AMD’s sixth-generation EPYC processors, code-named Venice, and its Helios rack-scale AI platform. Samsung has supplied HBM3E memory for AMD’s MI350X and MI355X accelerators, extending a technology relationship between the companies that spans graphics, mobile and computing products.
HBM4 is particularly important to the next generation of AI hardware because increasingly powerful accelerators need faster transfers of enormous datasets while controlling energy consumption. Memory manufacturers have consequently directed more investment towards HBM, leaving capacity across other memory categories under pressure.
Samsung has been seeking to increase its position in the high-margin HBM market while SK Hynix remains another major supplier to AI chip developers. Strong AI demand has supported memory prices and earnings, though the pace of conventional DRAM price increases is expected to moderate after steep gains earlier this year.
AMD’s discussions with Samsung could also extend beyond memory. Their March agreement provided for talks on a possible foundry partnership under which Samsung could manufacture future AMD products. Su said on Wednesday that AMD was continuing to examine opportunities in that area, without announcing a manufacturing contract.
The possibility would give AMD another potential production option as advanced semiconductor capacity remains heavily sought after. Taiwan Semiconductor Manufacturing Co remains a central manufacturing partner for AMD, and Su met suppliers in Taiwan before travelling to South Korea as part of her capacity discussions.
Nikkei has disclosed unauthorised access to two employee cloud accounts, with one compromised Microsoft 365 mailbox used to send about 9,000 phishing emails to staff, journalistic contacts and other external recipients. The Japanese media group said on October 4 that a third party was believed to have logged into an employee’s Microsoft 365 account. On September 30, messages from the account were sent inside the company and […]
Red Hat and IBM have identified and remediated more than 400 previously unknown vulnerabilities in widely used Java libraries through their Lightwell open-source security initiative, while making its enterprise Clearinghouse service generally available. The companies said on Tuesday that Lightwell engineers had also backported fixes for the flaws into versions of software already deployed in production, seeking to close security gaps without forcing organisations into disruptive upgrades. […]
Arabian Post Staff -Dubai Deutsche Bank has made three key appointments in its Dubai office as the German lender broadens investment banking coverage across the Middle East and seeks to capture growing capital-markets and institutional-client business. Ilya Korobov has relocated from London to Dubai as a director of debt capital markets for Central and Eastern Europe, the Middle East and Africa. He joined Deutsche Bank in November […]
The event was supported by AWS Hong Kong as Event Partner and BOC Group Life Assurance Company Limited as Strategic Partner, with Hong Kong Institute of Circular Economy and Cantabrigian Consulting Limited serving as Supporting Organisations.
The event featured a distinguished line-up of senior leaders and experts from the financial, technology, GreenTech, business and social impact sectors to exchange perspectives on the future of sustainable transformation., including:
From Sustainable Finance to Climate and Technology Innovation
The forum explored how capital, technology, innovation and people can work together to accelerate the transition towards a more sustainable and resilient economy. Speakers shared practical experience and forward-looking perspectives across sustainable finance, GreenTech, artificial intelligence, ESG innovation, talent development, accessibility and social impact.
A keynote presentation by Mr. Ronald Young, Head of Sustainable Banking Development at the Hong Kong Monetary Authority, highlighted key initiatives advancing sustainable finance in Hong Kong. Mr. Terry Yung, Chief Investment Officer of BOC Group Life Assurance Company Limited, shared an investment perspective on sustainable transformation, while Ms. Vivienne Chiu, Chief Brand and Communications Officer of BOC Life, highlighted the role of corporate engagement, strategic partnerships and innovation support in advancing ESG solutions and creating wider societal value.
The discussions reinforced Hong Kong’s role in international finance, technology and innovation, highlighting the importance of cross-sector collaboration in turning ESG strategies into measurable business, climate and societal value.
AI as an Enabler of Sustainable Transformation
Artificial intelligence emerged as a key theme throughout the event, with speakers examining how AI and data technologies can support ESG decision-making, improve operational efficiency, strengthen climate and sustainability intelligence, and accelerate innovation across industries.
At the same time, discussions also highlighted the importance of responsible AI adoption, workforce reskilling, accessibility and social inclusion, ensuring that technological advancement creates broader opportunities for businesses and society.
Turning ESG Strategy into Real-World Impact
Speaking at the event, Dr. William Yu, Founder and Chief Executive Officer of the World Green Organisation, highlighted that sustainable transformation requires the collective participation of finance, technology, business and society.
The future of ESG transformation will increasingly depend on how effectively organisations combine finance, technology, AI, human capability and cross-sector collaboration to create measurable business, climate and societal value.
WGO will continue to develop the ESG XCHANGE series as a platform to connect different sectors, promote practical partnerships and translate ESG strategies into business value, climate impact and societal value.
Hashtag: #WGO
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The World Green Organisation (WGO) is an independent non-governmental organisation concerned with environmental conservation and environmentally related livelihood and economic affairs. It provides a holistic approach to a fully integrated three-pronged solution that combines social, environmental and economic dimensions for a paradigm shift towards low-carbon and climate-resilient development pathways.
Chinese fitness influencer Abeeeer has apologised for riding on a bicycle during the Berlin Marathon and concealing the episode after initially celebrating her finish as a personal best. The creator, identified from her race bib as Sun Yuanyuan with more than 520,000 followers on Xiaohongshu, or RedNote, acknowledged that taking the ride during the September 27 race violated race rules. She said physical discomfort on the course […]
A September security analysis of breaches affecting Rockstar Games has highlighted how compromised identities, third-party integrations and development assets can defeat enterprise controls without attackers exploiting a conventional network perimeter. The analysis by security consultancy Lares reconstructs incidents spanning the 2022 Grand Theft Auto VI leak, an April 2026 third-party breach and the unauthorised release of GTA VI material in August. Its detailed attack-chain findings, however, go […]
Anthropic has expanded access to Claude’s most capable cybersecurity models, allowing vetted defenders and authorised red teams to work with fewer automated restrictions under a redesigned verification programme. The AI company said its expanded Cyber Verification Program, announced on October 6, combines its previous verification scheme with Project Glasswing, a controlled-access initiative created for organisations protecting critical software. The new structure divides access into Defense, Red Team […]
Cybersecurity researchers have uncovered a human-operated phishing platform that impersonates advertising products linked to ChatGPT, Claude, Gemini and other artificial intelligence brands, using convincing fake browser windows to steal account credentials and multifactor authentication codes. Researchers Oleg Zaytsev and Ofek Ronen at browser security company Island disclosed the operation on October 6 after tracking a network of sites pitched to advertising professionals as tools for campaign optimisation, […]
Meta says its Muse Spark artificial intelligence models helped mathematicians produce answers to five previously open research questions using the standard Meta AI chat interface, highlighting a new form of collaboration between general-purpose AI and expert researchers. The company published six mathematics papers on October 2 covering probability, differential equations, group theory, optimisation, arithmetic physics and non-associative algebra. Five present answers to questions Meta described as previously […]
Arabian Post Staff -Dubai Saudi Real Estate Refinance Company has agreed to acquire another residential mortgage portfolio from Banque Saudi Fransi, marking the third portfolio purchase between the two institutions as Saudi Arabia expands liquidity in its housing finance market. The Public Investment Fund-owned company, known as SRC, said the transaction would reinforce cooperation with BSF by supplying liquidity to mortgage lenders and increasing their capacity to […]
