HKIoD Organises Directors’ Conference 2022 – “From Resilience to Sustainability”

HONG KONG, Sep 22, 2022 – (ACN Newswire via SEAPRWire.com) – The Hong Kong Institute of Directors (“HKIoD”) hosted Directors’ Conference 2022 yesterday at the Hong Kong Convention and Exhibition Centre. With the HKSAR and also HKIoD both celebrating their 25th anniversary, the conference this year extended to a full day, featured 11 sessions including […]

興業銀行數字人民幣錢包正式上線

HONG KONG, Sep 22, 2022 – (亞太商訊 via SEAPRWire.com) – 經過前期緊鑼密鼓籌備,2022年8月30日,興業銀行數字人民幣錢包正式上線,標誌著興業銀行實現了從數字人民幣合作銀行到運營機構的角色轉變。 “僅憑手機號即可開立興業銀行數字人民幣錢包,我剛用…

Building digital HQs: 3 big ideas from tech giant Salesforce’s Dreamforce conference

SAN FRANCISCO – The disruptions brought about by the Covid-19 pandemic have highlighted how vital it is for companies to develop a digital headquarters so that staff can work together better online. These virtual centres would include systems that support spontaneous interactions and easy sharing of information, although in-person collaboration would remain an important part […]

Asia stocks slump on global slowdown fears after Fed signals more rate hikes ahead

SINGAPORE – Asian stock markets slumped on Thursday amid heightened global slowdown fears after the US Federal Reserve signalled even more aggressive rate hikes ahead than investors had expected as it raised its key interest rate by a hefty 75 basis points for a third straight time. Notably, Fed chairman Jerome Powell in comments on Wednesday […]

Indonesia raises key rate more than expected as rupiah weakens

JAKARTA – Indonesia’s central bank delivered a bigger-than-expected interest rate hike to stem inflation and stabilise the rupiah, marking an aggressive turn for policy makers who were monetary policy outliers until last month. Bank Indonesia raised the seven-day reverse repurchase rate by 50 basis points, the biggest increment since 2018, to 4.25 per cent on […]

Singtel’s Optus in Australia hit by cyber attack, customer data leaked

SINGAPORE – Singtel’s Australian subsidiary Optus said on Thursday it is investigating the possible unauthorised access of both current and former customers’ information following a cyber attack, which was shut down “immediately” upon its discovery. In a statement on Thursday, Optus said it is working with the Australian Cyber Security Centre to mitigate any risks to […]

Agilis Robotics Targeting its Pre-B Round Fund-raising to be Completed by 2022

HONG KONG, Sep 22, 2022 – (ACN Newswire via SEAPRWire.com) – Agilis Robotics Limited (“Agilis Robotics” or the “Company”), the creator of the first surgical robotic instruments in Hong Kong to target endoscopic submucosal dissection (ESD) and en bloc resection of bladder tumour (ERBT) procedures, has announced its fund-raising status, as well as its latest […]

Hitachi Energy launches innovative oil-free and plug-and-play traction transformer

ZURICH, SWITZERLAND, Sep 22, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi Energy today announced the launch of its innovative oil-free traction transformer RESIBLOC Rail, with integrated cooling system and voltages up to 25-kilovolt (kV), at InnoTrans, the international trade fair for rail transportation at the Berlin Messe in Germany happening from September 20-23, 2022. […]

Daiwa House Logistics Trust proposes $46m maiden acquisition in Japan

SINGAPORE – Daiwa House Logistics Trust (DHLT) is proposing to acquire a portfolio of two logistics facilities and a piece of freehold land in Japan for a total consideration of 4.68 billion yen (S$46 million). In a filing on Wednesday, the real estate investment trust (Reit) manager estimates this to represent an 11.8 per cent discount […]

Goldman slashes China’s 2023 growth forecast with Covid-zero strategy likely to stay

HONG KONG – Goldman Sachs cut its 2023 economic growth forecast for China sharply, predicting Beijing will stick to its stringent Covid-zero policies through at least the first half of next year. Gross domestic product (GDP) will probably increase 4.5 per cent in 2023, down from a previous projection of 5.3 per cent, Goldman’s economists […]