Travel + Leisure Luxury Awards Asia Pacific 2025 and Tatler Best Hong Kong and Macau Awards 2025 Recognise Galaxy Macau with Top Honours MACAU SAR – Media OutReach Newswire – 20 June 2025 – Galaxy Macau™ (“Galaxy Macau”) the World-class Luxury Resort, celebrates a glittering array of award wins in the Travel + Leisure Luxury Awards Asia Pacific 2025, and the Tatler Best Hong Kong and Macau […]
MANILA, PHILIPPINES – Media OutReach Newswire – 20 June 2025 – Women usually play an important role in family car-buying decisions, and the VinFast VF 6, recently launched in the Philippines, meets the key priorities of many women buyers. The old stereotype paints a familiar picture: men kick tires, debate horsepower, and make the final call on family cars. Reality tells a different story. According to CDK […]
The United Arab Emirates drew AED 167.6 billion in foreign direct investment in 2024, climbing to tenth position globally, according to the UN Conference on Trade and Development’s World Investment Report 2025. This 48.7 percent surge from 2023 cements the UAE as a top-tier destination for international capital, with greenfield projects playing a central role. Foreign investors backed 1,369 new greenfield ventures worth AED 53.3 billion, placing the UAE second globally in […]
Experience the legendary ‘Plácido Domingo’ live in Thailand for the first time—alongside an Indian epic, dazzling Chinese ballet, operas, and jaw-dropping acrobatics Tickets Now Available! BANGKOK, THAILAND – Media OutReach Newswire – 20 June 2025 – Get ready for a world-class spectacle like no other—right here in Thailand. Bangkok’s 27th International Festival of Dance & Music is making a grand comeback, bringing 14 stunning performances from over […]
Siemens has completed its acquisition of Altair Engineering in a £8.3 billion all-cash transaction, signalling a significant evolution in its industrial software strategy. The integration of Altair’s high-performance computing, data analytics and simulation portfolio into the Siemens Xcelerator platform represents a major leap in the company’s ambition to lead in AI-powered engineering. At the heart of this consolidation lie clear financial and strategic benefits. The deal, offering Altair […]
A landmark exhibition of Thai artisanship and contemporary design, inspired by the UNESCO Creative Cities Network and featuring two debut clutches handcrafted from master-woven textiles by the SIRIVANNAVARI brand BANGKOK, THAILAND – Media OutReach Newswire – 19 June 2025 – UNESCO and Sustainable Arts and Crafts Institute of Thailand (Public Organization), a national agency promoting Thai craftsmanship, have joined hands with ICONCRAFT—Thailand’s hub of creative innovation–to launch […]
Acquisition strengthens Chemin’s capabilities in complex AI data services amid global demand surge SINGAPORE – Media OutReach Newswire – 20 June 2025 – TDCX Group, a leading provider of digital customer experience (CX) and growth services for global enterprises, today announced the acquisition of SUPA, a cutting-edge data labeling and annotation platform known for its agile, gig-powered delivery model. SUPA will be integrated into Chemin, TDCX Group’s […]
Security researchers have uncovered an enormous password cache comprising 16 billion unique login credentials spanning major platforms such as Apple, Facebook, Google, Telegram, GitHub, VPN services and even government portals—making it the largest credential leak known to date. These credentials were harvested via at least 30 substantial datasets, some containing up to 3.5 billion records, indicating multiple infostealer malware operations operating at a large scale during 2025. Researchers found […]
If the United States launches direct military strikes against Iran, global stock markets will likely react with speed and force—dropping hard before any official policy statements are made or economic forecasts adjusted. This would not be a measured repricing. It would be a sharp reflex from investors who have, until now, largely overlooked the rising threat of a wider regional war in the Middle East. Equities across […]
Donald Trump’s family has quietly reduced its stake in World Liberty Financial, the crypto venture closely tied to his business and political interests, trimming its holding from 60 per cent to 40 per cent after June 8. The move marks a significant shift in the family’s involvement in the blockchain sector.
The reduction in equity coincided with a rising valuation for WLF, which earlier sold US$550 million in its native $WLFI tokens and has attracted substantial foreign investments, including a US$2 billion infusion from a UAE-backed entity using its stablecoin USD1 for Binance transactions. Analysts estimate the 20 per cent stake sale could have fetched around US$190 million, with approximately US$135 million potentially going to Donald Trump personally.
World Liberty Financial, launched during the 2024 election cycle, has been a central hub of the Trump family’s crypto strategy. The firm is a decentralised finance protocol that aggressively markets its connection to Trump, listing him as “chief crypto advocate” and involving his sons in senior Web3 roles. Under its structure, Trump-linked entities capture 60 per cent of ownership and 75 per cent of token sale revenues.
The firm’s high-profile stablecoin USD1, launched in March 2025, swiftly became one of the top five global stablecoins, with a circulating supply exceeding US$2 billion by April. In May, the WLF stablecoin was chosen by an Abu Dhabi investment fund to purchase US$2 billion in Binance shares—a deal criticised for merging private enterprise and diplomatic influence.
Critics have raised concerns that the share reduction, lacking any formal announcement, typifies the project’s secretive nature and the family’s opaque handling of crypto profits. DT Marks DEFI LLC—an entity renamed from DT Tower II LLC in 2024 and fully owned by Trump family—holds the WLF stake. Ownership structure has branched out to include Don Jr., Eric, and Barron Trump, each holding minor positions alongside their father within the DEFI entity.
The lack of disclosure prompted scrutiny, and no official response has emerged from the Trump Organisation or WLF regarding the transaction. This latest move mirrors an earlier reduction in January 2025, when the family lowered its control from 75 per cent to 60 per cent.
The pivot comes amid intensifying criticism of World Liberty’s entanglement with state and family interests. Steve Witkoff—Trump’s Middle East envoy—is linked to key dealmaking, with his son Zach co-founding WLF. Their collaborative efforts to court foreign investment from UAE and Pakistan have sparked concern over potential conflicts between diplomatic roles and private profit. Legal experts and ethicists question the blending of public service and personal gain in a venture that funnels income to the Trump and Witkoff families while concurrently lifting Trump administration deregulatory actions on digital assets.
The share reduction enters a broader regulatory moment. The US Senate recently passed stablecoin legislation that may reshape legal frameworks around such assets, while Circle, a peer stablecoin issuer, saw its valuation spike—heightening investor comparisons with WLF. With global crypto markets in flux and the Trump-linked coin ecosystem expanding, the timing of the sale aligns with strategic portfolio recalibration.
World Liberty continues to promote itself as the “official” Trump crypto brand, prompting its legal team to issue cease-and-desist directives against unauthorised token imitations. There is no indication that the stake reduction signals a retreat; rather, it appears to be a calculated liquidity event amid heightened scrutiny and shifting valuations.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 June 2025 – On 16 June 2025, Chairman Xu Guanju of Transfar Group was invited to speak at the 2025 Energy Asia Conference. Hosted by PETRONAS, the Energy Asia Conference was held at the Kuala Lumpur Convention Centre from 16 to 18 June. Focusing on the theme ‘Delivering Asia’s Energy Transition’, the conference brought together policymakers, industry leaders, […]
Dubai’s Roads and Transport Authority has now enabled free, high‑speed Wi‑Fi access at all 43 public bus and marine transport stations, marking a significant upgrade in its bid to enhance commuter convenience. The deployment, completed on 17 June 2025, is part of a strategic collaboration with telecom provider e&. Commuters across the city can access the service using smartphones, tablets, or laptops while awaiting their bus or […]
The market capitalisation of tokenised Real‑World Assets has soared to over $23 billion, marking a surge of more than 260% since the start of the year, with private credit and US Treasury tokens accounting for the bulk of the growth.
Leading the charge, tokenised private credit comprises roughly 58% of the total market, while tokenised US Treasuries make up about 34% of the overall valuation. The dramatic expansion reflects increasing demand for on‑chain exposure to established asset classes beyond cryptocurrencies, as investors seek yield and diversification within a regulated digital framework.
Market participants have highlighted the clarity in evolving regulatory frameworks as a crucial catalyst. The enhanced transparency and legal recognition of tokenised assets in jurisdictions such as Abu Dhabi Global Market are encouraging institutional players to engage more actively. Concurrently, technology platforms and traditional finance firms are racing to establish token issuance and trading infrastructure.
One of the most prominent sector players, Securitize Inc., provides a full-stack platform enabling compliant tokenisation across asset types. As of May 2025, the firm has issued over $4 billion on‑chain, including $2.8 billion in tokenised US Treasury exposure, commanding more than 70% share of tokenised US Treasury products. Its leadership on tokenised private credit is also significant, with major asset managers like Apollo and BlackRock utilising the platform for their tokenised offerings.
Private credit, defined as non‑bank lending embedded in project, corporate, and direct lending vehicles, has long been one of the fastest‑growing alternative asset classes. Currently valued at an estimated $2–3 trillion globally, private credit forms a natural fit for tokenisation, enabling fractionated access, faster settlement, and enhanced transparency. By bridging direct lending with blockchain infrastructure, tokenisation platforms are opening access to smaller investors and unlocking liquidity for traditionally illiquid instruments.
US Treasury tokens have also gained rapid traction. In October 2024, Abu Dhabi‑based Realize launched a tokenised US Treasury ETF fund targeting $200 million assets. This initiative marked the first tokenised Treasury fund domiciled in Abu Dhabi Global Market, reflecting the growing confidence in sovereign debt tokens.
Growth to date appears driven by institutional interest, but emerging trends suggest growing participation from global wealth firms, family offices, and retail platforms. Securitize has onboarded numerous institutional investors and is planning retail channels in collaboration with custodians like Anchorage Digital, BitGo, and Copper.
Regulatory clarity is playing a defining role. US leadership from figures such as Securitize’s CEO appearing before House Financial Services, along with the Commodities Futures Trading Commission and Securities and Exchange Commission’s deliberations, is building a foundation for mainstream adoption. Internationally, regulatory sandbox setups—like Abu Dhabi’s—are providing live environments for tokenised asset experimentation.
As the total market cap moves beyond $23 billion, key drivers include mature tokenisation platforms, growing regulator engagement, and rising investor demand for yield-bearing digital assets within compliant frameworks. Whether private credit and Treasury tokens continue to dominate depends on lasting improvements in interoperability, standardisation, and token issuance efficiency.
Going forward, momentum may attract tokenisation of other asset types—real estate, commodities, infrastructure debt and equity. Yet challenges such as secondary market liquidity, cross‑chain compatibility, and investor education remain to be addressed. Leading infrastructure providers and asset managers appear intent on solving these, which may mutate tokenised RWAs from a niche tool into a mainstream financial innovation.
Hundreds of metal industry professionals converged on Cairo this week for the debut of the wire and Tube Middle East Africa events, held alongside GIFA and METEC Middle East Africa at METAL & STEEL EGYPT, hosted at the Egypt International Exhibition Center from 2 to 4 September. The four Messe Düsseldorf satellite fairs collectively presented machinery, technology, materials and services from the wire, cable, tube, foundry and […]
Greenlogue/AP Mubadala Investment Company and the Abu Dhabi Projects and Infrastructure Centre have formalised a partnership designed to accelerate the emirate’s infrastructure agenda. The agreement, inked during the opening of the Abu Dhabi Infrastructure Summit 2025, establishes a broad cooperation blueprint aimed at advancing key development projects. The accord commits both entities to conduct thorough feasibility studies and share knowledge to assess the viability of proposed ventures. It also […]
U.S. President Donald Trump has appealed directly to the House of Representatives to pass the GENIUS Act—a bipartisan stablecoin regulation bill cleared by the Senate—without any amendments or delays, stressing that it will position the country as the “undisputed leader” in digital assets.
The Senate passed the bill on 17 June with a decisive 68‑30 vote, supported by senators from both parties. It introduces stringent rules for stablecoin issuance, including full backing of coins with liquid reserves and monthly disclosures of reserve compositions, alongside audit and Treasury oversight provisions. Trump openly praised the legislation, calling it “pure genius” and urging House Republicans to advance a “clean” version so it reaches his desk before Congress breaks for its August recess.
Major market players reacted positively. The approval spurred significant gains in related equities: shares of Circle Internet, issuer of the USDC stablecoin, surged between 16% and 27%, reflecting investor optimism for regulatory clarity and mainstream token adoption.
The GENIUS Act’s framework mandates that only permitted issuers—such as banks or federally approved payment companies—may issue stablecoins for U.S. users. It requires a one‑to‑one reserve ratio in U.S. dollars or Treasuries and monthly public disclosures about reserve composition. Additionally, it introduces safeguards for consumer protection and bankruptcy protocols prioritising stablecoin holders. Large issuers will have to undergo annual audits, and the bill prohibits stabilecoin ownership by Congress members, though it excludes the President and Vice President.
While Trump’s endorsement reflects his broader pro-crypto pivot—underscored by investments like Bitcoin, policy appointments, and support from his digital-assets advisory council—critics have flagged potential conflicts of interest. Trump and his family hold substantial stakes in crypto ventures including World Liberty Financial and its USD1 stablecoin, having earned tens of millions in 2024. Critics stress that exemption of the President from the bill’s conflict-of-interest ban leaves a loophole that some fear could be exploited.
Senators on both sides celebrated the bill. Republican sponsor Bill Hagerty described it as a “paradigm-shifting development” that moves the U.S. toward global leadership in crypto. Senate Banking Chair Tim Scott described it as “the most significant digital assets legislation ever to pass the U.S. Senate”. Treasury Secretary Scott Bessent projected that the bill could expand the stablecoin market to $3 trillion‑plus by decade’s end.
Nonetheless, the path ahead is not without hurdles. Some Democrats, including Elizabeth Warren, Jeff Merkley and others, raised objections during Senate negotiations, warning the bill could grant a “super‑highway for corruption” and fails to curtail potential for big tech firms entering the stablecoin market. Senate negotiators incorporated numerous amendments to secure support, but key concerns remain unresolved.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 June 2025 – This week is set to be a pivotal one for financial markets in general and Forex market in particular as four major central banks—the Bank of Japan (BoJ), the U.S. Federal Reserve (Fed), the Swiss National Bank (SNB), and the Bank of England (BoE)—are scheduled to announce their latest decisions on interest rates. Their policy […]
HONG KONG SAR – Media OutReach Newswire – 19 June 2025 – A versatile and revolutionary new seasoning and cooking sauce is gaining attention from chefs in the restaurant industry. Invented in Hong Kong by food visionary Dan Gan, EXOTICA UMAMI (known to Chinese speakers simply as, “Ex M”) is an excellent new alternative for salt, soy sauce and MSG, making food succulent and juicy, plus with […]
Matein Khalid The deployment of 30 US air-fueling tankers to the Middle East strongly suggests that Trump has decided to escalate the war with Iran with an American led strike on the underground nuclear site at Fordo. Since the B-2 Spirit super bombers would need tankers to refuel their fighter escort. Ali Khamenei’s tweet threatening America was precisely the wrong message to send to Trump at a […]
Damac Chelsea Residences is more than just a real estate project — it’s a long-term investment in lifestyle, brand equity, and high-growth potential. Situated in the prime seafront district of Dubai Maritime City, this development by DAMAC Properties brings the prestige of Chelsea Football Club to Dubai’s property scene. As branded residences become one of the most in-demand asset classes worldwide, investors are turning their eyes toward Chelsea Residences by […]
ISTANBUL, TURKEY – Media OutReach Newswire – 18 June 2025 – The report “Evolving Legacy: Decoding the Scientific Trajectory of Chinese Medicine” released today by Hong Kong Baptist University (HKBU) and Elsevier, reveals the growing impact of Chinese Medicine research on global healthcare and modern health challenges. In this context, “Chinese Medicine research” encompasses not only clinical practice, but also basic and translational science, AI-driven systems medicine, […]
By K Raveendran With the likelihood of a diplomatic solution appearing increasingly distant, West Asia is now clearly veering toward a longer and more intense confrontation, one that may significantly reshape economic, geopolitical, and energy dynamics not only in the Middle East but globally. What was initially perceived as a retaliatory exchange following months of […]
BANGKOK, THAILAND – Media OutReach Newswire – 10 June 2025 – Get ready to turn your Bangkok getaway into a rewarding adventure—in every sense of the word! The ONESIAM Global Grand Giveaway, Siam Piwat’s flagship tourism campaign, is making a grand comeback for its second year from June 20 to September 30, 2025, and is set to bring even more exclusive rewards, elevated experiences, and jaw-dropping prizes […]
