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The city of Frankfurt has just received a significant boost as a financial hub. Deutsche Bank, a prominent financial institution based in Frankfurt, has successfully become the first European bank appointed to serve as a renminbi clearing bank by the People’s…
Manulife Singapore is intensifying its commitment to preventative healthcare and lifespan enhancement solutions via a new partnership with Guardant Health, a precision oncology expert. This strategy makes Manulife the pioneer insurance firm in Singapore to…
Standard Chartered Bank China (SCB China) recently completed its first-ever Qualified Foreign Investor (QFI) investment in China Government Bond (CGB) Futures following the market’s recent opening. The bank served in dual roles, both as the QFI’s custodian…
Many employees at Meta are expected to face job losses, with the first wave of layoffs beginning on May 20, potentially affecting as many as 8,000 roles. However, this initial round of job losses only signifies the start of a broader restructuring effort.…
On Running, a sportswear brand, has recently launched an automated factory in Busan, South Korea where robots are used to manufacture running shoes. The company expresses its intent to establish more such factories in the United States and Europe to…
Singapore’s OCBC Bank has established a new division that is committed to providing loans against idle securities in customer accounts. Enabling Efficient Use of Idle Securities OCBC Bank has introduced a dedicated securities financing unit that will operate…
Singapore’s premier telecommunications company, Singtel, has initiated the country’s inaugural 50 Gbps fiber broadband technical trial. The aim of this groundbreaking move is to fortify the fixed connectivity infrastructure of the country, which is crucial…
U Mobile, a leading telecommunications provider in Malaysia, has become the first in the country to introduce a network-level scam protection system. This groundbreaking initiative, operational since February 2025, has successfully intercepted and blocked…
The Kingdom of Bhutan is preparing to launch one of the first-ever sovereign-backed gold tokens, a groundbreaking move that places it at the forefront of governmental digital asset innovation. This bold step signifies the country’s attempt to combine…
Maxis Berhad (Maxis), Malaysia’s leading telecommunications company, has introduced the country’s inaugural Quantum Safe Networking (QSN) solution, primarily targeting government agencies and businesses. This cutting-edge security feature has been launched…
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