Hong Kong’s Largest Data Centre Built for the New AI Era HONG KONG SAR – Media OutReach Newswire – 27 March 2025 – SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. （From left）SHKP Executive Director and SUNeVision Vice Chairman Allen Fung, SHKP Chairman & Managing Director and SUNeVision Chairman […]
Arabian Post Staff -Dubai MSI’s GeForce RTX 5080 Ventus 3X OC White has emerged as a notable contender in the high-end graphics card market, offering a blend of robust performance and distinctive design. This model caters to both gamers and creators seeking advanced features without compromising on visual appeal. The RTX 5080 series, based on NVIDIA’s Blackwell architecture, introduces enhancements in ray tracing and AI-driven graphics rendering. […]
MACAU SAR – Media OutReach Newswire – 27 March 2025 – The world-class luxurious Galaxy Macau™ integrated resort is launching its most immersive holiday experience yet, anchored by the back of the Grand Resort Deck—the only true resort experience in Macau—starting April 18. Beyond its thrilling water attractions, the resort curates a symphony of art exhibitions, star-studded concerts, Michelin-star feasts, and luxury brand shopping extravaganzas, while its […]
By Nitya Chakraborty Prime Minister Narendra Modi is known as the super salesman of jumlas. Beginning from Jan Dhan account of Rs. 15 lakh for everyone to generating two crore jobs for youth every year, all the hyped up propaganda of the BJP led government since 2014 have turned into a big flop. Even in […]Siemens has finalized the acquisition of Altair Engineering Inc., a prominent provider of industrial simulation and analysis software, for approximately $10.6 billion. This strategic move is set to enhance Siemens’ capabilities in simulation, high-performance computing , data science, and artificial intelligence . The transaction involves Siemens purchasing all outstanding shares of Altair at $113.00 per share in cash, representing a 19% premium over Altair’s closing price on […]
The collaboration supports Esyms’s focus on medication delivery, enhancing accessibility and convenience for government hospital and clinic patients across Malaysia KUALA LUMPUR, MALAYSIA – Media OutReach Neswire – 27 March 2025 – Esyms, a leading online pharmacy and health solutions provider, is collaborating with DHL eCommerce, a domestic parcel delivery service provider, to transform how medication is dispersed from hospitals and clinics to patients in Malaysia. Esyms […]
Tanmiah Food Company, a prominent supplier of fresh poultry, processed proteins, and animal feed, has entered into a partnership with Emerge, a joint venture between Masdar and the EDF Group, to develop a 3 megawatt-peak solar power plant at Tanmiah’s agricultural processing facility in Haradh, Saudi Arabia. This initiative aligns with Saudi Arabia’s clean energy objectives and underscores Tanmiah’s commitment to sustainability. Under the terms of the […]
Gulf sovereign wealth funds are projected to manage assets totalling $18 trillion by 2030, representing a 50 percent increase from the end of 2024, according to a recent analysis by Deloitte Middle East. This growth underscores the region’s expanding influence in global finance, with Gulf SWFs currently holding approximately 40 percent of worldwide sovereign wealth assets. The Abu Dhabi Investment Authority leads the Gulf’s sovereign funds with […]
Steady Final Dividend of HK$0.02 Per Share Dividend Payout Ratio was Approximately 35% (RMB’ million) For the year ended 31 December 2024 2023 Change (%) Revenue 322.3 262.6 +23% Operating profit 96.6 67.6 +43% Profit attributable to shareholders 106.6 62.4 +71% Basic earnings per share (RMB) 0.054 0.034 +59% Final dividend per share (HKD) 0.02 0.01 +100% HONG KONG SAR – Media OutReach Newswire – 26 March […]
By Nitya Chakraborty Europe, which has always been vocal about its past history and civilization as well its contribution to the making of the modern world, has never faced such humiliation in the hands of its transatlantic ally the USA in the last eighty years since the end of the Second World War in 1945.The […]
Leading Education Experts Gather to Shape Conversations Around Global Education for the Next Generation MACAU SAR – Media OutReach Newswire – 26 March 2025 – Galaxy Macau™, in collaboration with South China Morning Post Learn (SCMP Learn), proudly hosted a landmark educational seminar—entitled “Galaxy Macau Presents Parents’ Talk: Pathways to World-Class Education” on the afternoon of the 23rd at the Galaxy International Convention Center (GICC). Attracting over […]
Australian cryptocurrency investors are facing substantial financial threats due to an elaborate scam where fraudsters impersonate representatives from Binance, one of the world’s leading cryptocurrency exchanges. The Australian Federal Police , in collaboration with the National Anti-Scam Centre and Binance Australia, have initiated Operation Firestorm to combat these fraudulent activities. This operation has identified over 130 Australian victims targeted through sophisticated phishing techniques.
Scammers have been sending text messages that closely mimic legitimate communications from Binance. These messages often include false verification codes and direct recipients to counterfeit customer service hotlines. Once contact is made, victims are manipulated into transferring their cryptocurrency assets into so-called “trust wallets” controlled by the scammers. The fraudulent messages are particularly deceptive, appearing within existing Binance communication threads, exploiting vulnerabilities in telecommunications systems that allow sender IDs to be spoofed.
AFP Commander of Cybercrime Operations, Graeme Marshall, emphasized the challenges in recovering stolen funds, noting that once assets are transferred to accounts under the scammers’ control, they are swiftly moved through a network of wallets and money laundering channels, complicating seizure or recovery efforts. Marshall advised individuals who suspect they have been targeted to report the incident to their financial institution or cryptocurrency exchange and to file a report with law enforcement via ReportCyber.
Binance’s Chief Security Officer, Jimmy Su, highlighted the importance of user education and verification to combat such scams. He recommended that users verify communications through official channels and remain cautious of unsolicited messages, especially those prompting urgent actions. Su also mentioned that Binance is developing new security features aimed at helping users identify and avoid phishing scams.
The Australian Competition and Consumer Commission’s Deputy Chair, Catriona Lowe, echoed these sentiments, urging the public to authenticate any communications through official channels to avoid falling victim to impersonation scams. She stressed the importance of vigilance and thorough verification of investment opportunities to prevent financial losses.
The sculptures are now available for public viewing at various locations across K11 MUSEA and add a bold, interactive dimension to Hong Kong’s city-wide celebration of the arts From 26 March to 13 May 2025 at GF, Promenade, K11 MUSEA HONG KONG SAR – Media OutReach Newswire – 26 March 2025 – British artist Philip Colbert‘s newest work, THE LOBSTER PAINTER, and five signature lobster sculptures transform […]
SINGAPORE – Media OutReach Neswire – 26 March 2025 – Great World Residences, formerly known as Great World Serviced Apartments, proudly announces its new name and refreshed brand identity, marking more than 25 years of providing exceptional serviced residential living. At the heart of this transformation is a comprehensive refurbishment of its apartments and facilities, including a brand-new pickleball court set to open in Q2 this year, […]
Matein Khalid If ever any investor needed a real time lesson in emerging markets risk, the timebombs in Ankara, Jakarta and Bogotá to provided it. President Erdogan ordered the arrest of his top rival Istanbul Mayor Ekrem İmamoğlu and triggered a 10% plunge in the lira against the US dollar, an exodus of offshore money from the local T-bill market and a horrific meltdown in Istanbul bank […]
Samsung Electronics has announced the sudden passing of its co-chief executive officer, Han Jong-Hee, who died on Tuesday at the age of 63 due to cardiac arrest. Han was instrumental in overseeing the company’s consumer electronics and mobile devices divisions.
Han’s tenure at Samsung began in 1988, with a significant portion of his career dedicated to the television sector. Under his leadership, Samsung ascended to become the world’s leading TV manufacturer. In 2022, he was appointed as co-vice chairman and CEO, roles in which he continued to drive innovation and market dominance in consumer electronics.
His unexpected death comes at a challenging time for Samsung. The company has been grappling with declining earnings and a decrease in share prices, having lost its leading position in smartphone sales to Apple in 2024. Additionally, Samsung has faced setbacks in the advanced memory chip market, trailing behind competitors such as SK Hynix and TSMC.
The company’s leadership had previously acknowledged these difficulties, describing the current period as a “crisis” for Samsung. Factors contributing to this situation include losing AI chip supply contracts to rivals and ceding the top smartphone sales position to Apple.
In light of Han’s passing, co-CEO Jun Young-Hyun, who has been leading the semiconductor division, is set to assume the role of sole CEO. Jun’s leadership will be pivotal as Samsung navigates these turbulent times, aiming to reclaim its competitive edge in the technology sector.
Han’s contributions to Samsung were profound, particularly his efforts in transforming the company’s television business into a global powerhouse. His strategic vision and dedication have left an indelible mark on the company and the broader consumer electronics industry.
BERLIN, GERMANY – Media OutReach Newswire – 25 March 2025 – Zeagoo Europe is set to launch its highly anticipated Spring/Summer 2025 promotion, running from March 25 to March 31, under the theme “Spring Fashion – New Look, New Surprises.” During this limited-time campaign, customers can enjoy 30% off a curated selection of seasonal essentials designed to refresh and elevate warm-weather wardrobes. Adding depth and excitement to […]
Understanding Permanent Makeup Permanent makeup, also known as cosmetic tattooing or micropigmentation, is a beauty-enhancing technique that involves implanting pigment into the upper layers of the skin. This technique is used for defining eyebrows, enhancing lip color, and adding semi-permanent eyeliner. The result is a long-lasting, natural-looking enhancement that eliminates the need for daily makeup application. This procedure has gained immense popularity worldwide, particularly in Dubai, where […]
Bangkok’s Gaggan claims the title of The Best Restaurant in Asia, sponsored by S.Pellegrino & Acqua Panna Bangkok and Tokyo lead the rankings with nine entries each Chef Tam’s Seasons (No.9) in Macau soars 40 spots to secure the Highest Climber Award 2025, sponsored by Lee Kum Kee Seoul’s Eatanic Garden (No.25) wins the Highest New Entry Award 2025, sponsored by Lavazza Dej Kewkacha from Gaggan at […]
BlackRock, the world’s largest asset manager, has launched its inaugural Bitcoin exchange-traded product in Europe, marking a significant expansion into the continent’s cryptocurrency investment landscape. The iShares Bitcoin ETP is now trading on Xetra and Euronext Paris under the ticker IB1T, and on Euronext Amsterdam as BTCN.
This strategic move follows the firm’s notable success in the United States, where its iShares Bitcoin Trust has amassed over $50 billion in net assets since its debut in January 2024. The European launch underscores BlackRock’s commitment to meeting the growing demand for cryptocurrency exposure among both institutional and retail investors across diverse markets.
To encourage adoption, BlackRock is offering a temporary fee waiver of 10 basis points, effectively reducing the expense ratio to 0.15% until the end of the year. This competitive pricing positions the iShares Bitcoin ETP as one of the most cost-effective options for European investors seeking direct exposure to Bitcoin’s price movements.
Manuela Sperandeo, BlackRock’s Head of iShares Product for Europe and the Middle East, highlighted the significance of this development, stating that the launch represents a “tipping point” for the industry as institutional and retail demand for crypto investment products continues to rise.
The European cryptocurrency ETP market, while smaller than its U.S. counterpart, has been steadily growing. Over 160 crypto ETPs are currently trading on European exchanges, collectively commanding over $13 billion in net assets. BlackRock’s entry is poised to significantly influence this market, potentially enhancing liquidity and attracting a broader investor base.
Coinbase, a leading cryptocurrency exchange, will serve as the custodian for the physical Bitcoin backing the ETP, ensuring institutional-grade security for investors. Bank of New York Mellon has been appointed as the administrator, further underscoring the product’s robust operational framework.
The introduction of the iShares Bitcoin ETP aligns with BlackRock’s broader strategy to expand its $1 trillion European market share and increase its customer base from 9 million to 19 million over the next three years. This initiative also reflects the firm’s responsiveness to evolving investor interests and its commitment to providing diverse investment solutions.
Saudi Aramco is actively seeking to expand its investments in China, focusing on energy, chemicals, and technology sectors, as part of its global growth strategy. President and CEO Amin H. Nasser highlighted this commitment during his address at the China Development Forum in Beijing. Nasser emphasized that China remains a pivotal investment destination for Aramco, with ongoing projects in Fujian, Liaoning, Zhejiang, and Tianjin. He noted that […]
Airbus has announced a delay in the development of its hydrogen-powered commercial aircraft, originally slated for introduction by 2035. The postponement, expected to extend the timeline by five to ten years, underscores the formidable technological and infrastructural challenges associated with hydrogen propulsion in aviation. The company cited slower-than-anticipated advancements in critical technologies and the absence of a comprehensive regulatory framework for certifying hydrogen-powered aircraft as primary reasons […]
PHNOM PENH, CAMBODIA – Media OutReach Newswire – 25 March 2025 – Prince Foundation, the philanthropic arm of Prince Holding Group, celebrated the selection of 100 Cambodian students for Batch 4 of the Chen Zhi Scholarship at a ceremony held at Prince Holding Group Headquarters. His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth and Sport, attended as guest of honor alongside […]
Airlines across the globe are tightening regulations concerning the use and carriage of power banks on flights, following a series of incidents involving lithium-ion batteries. These measures aim to enhance passenger safety by mitigating the risks associated with battery malfunctions.
In January, an Air Busan aircraft in South Korea was engulfed in flames while preparing for departure. Investigations suggest that a power bank was the likely cause of the fire. In response, Air Busan revised its policies, now requiring passengers to carry power banks on their person rather than storing them in overhead compartments. By March 1, South Korean authorities mandated all national airlines to enforce stricter regulations, including prohibiting the charging of devices onboard.
Singapore Airlines and its budget subsidiary, Scoot, announced that from April 1, passengers would be prohibited from charging portable power banks via onboard USB ports or using them to charge personal devices during flights. The airline emphasized that safety remains its top priority and that in-flight procedures are regularly reviewed to ensure passenger well-being.
Kazakhstan’s Air Astana implemented similar measures on March 13, banning the charging or use of power banks during flights. The airline specified that lithium batteries, external batteries, and e-cigarettes must be kept in hand luggage and placed in the overhead bins.
Taiwanese carriers EVA Air and China Airlines introduced prohibitions starting March 1, disallowing the charging and use of power banks and spare lithium batteries during flights. Both airlines advised passengers to utilize the USB power outlets available at most seats for charging other devices.
Thai Airways followed suit on March 15, banning the use and charging of power banks and portable batteries during flights. The airline’s decision aligns with a broader industry trend aimed at reducing in-flight fire hazards associated with lithium-ion batteries.
Hong Kong’s Civil Aviation Department expressed significant concern over safety incidents involving passengers using lithium power banks during flights. Consequently, from April 7, passengers on Hong Kong-based airlines will be prohibited from using or charging power banks during flights and from storing them in overhead compartments. Instead, power banks should be kept under the seat or in the seat pocket in front of passengers.
These regulatory changes are in response to a rising number of incidents involving lithium-ion batteries. In 2024, the U.S. Federal Aviation Administration recorded three incidents of overheating lithium batteries on planes every two weeks, up from just under one per week in 2018. Such statistics underscore the growing concern within the aviation industry regarding the safety of these devices.
