Best’s Market Segment Report: Hong Kong’s Non-Life Insurance Segment Shows Growth and Resilience Amid Market Challenges

HONG KONG, Dec 18 (Bernama-BUSINESS WIRE) — Hong Kong’s non-life insurance industry has shown an ability to sustain profitable underwriting during a recent five-year period, which was supported by the performance in the general liability and property damage lines of business, according to a new AM Best report. Accident & health (A&H) coverage…

SME Bank Marks 20 Years Of Legacy Building, Delivering Over RM50 Billion In Financing And Developmental Impact For Over 90,000 Entrepreneurs

KUALA LUMPUR, Dec 18 (Bernama) — Small Medium Enterprise Development Bank Malaysia Berhad (“SME Bank”) commemorated 20 years of progress and purpose, building a legacy of transformative entrepreneurial support and national development. Since 2005, SME Bank has channelled over RM50 billion in approved financing to more than 26,000 customers nationwide. Beyond financing, SME Bank has empowered…

Liminal Report Reveals the Edge Banks Need to Capture the $16T Tokenized Asset Market

SINGAPORE, Dec 18 (Bernama-BUSINESS WIRE) — Liminal Custody, wallet infrastructure and custody technology leader, today released a major strategic report https://www.liminalcustody.com/insights/the-walled-garden/ that serves as a definitive blueprint for banks and financial institutions looking to be a part of the digital asset reality. Large traditional banks are already making technology investments to prepare for this…

EIG’s MidOcean Energy Completes Acquisition of Interest in Canada from PETRONAS

LONDON, Dec 18 (Bernama-BUSINESS WIRE) — MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its acquisition of a 20% interest in PETRONAS’ key entities in Canada. The transaction includes…

KIOXIA AiSAQ™ Technology Integrated into Milvus Vector Database

TOKYO, Dec 17 (Bernama-BUSINESS WIRE) — Kioxia Corporation today announced that its KIOXIA AiSAQ™, which is Approximate Nearest Neighbor Search (ANNS) software technology has been integrated into the open-source vector database Milvus beginning with version 2.6.4. With this integration, Milvus users can take full advantage of KIOXIA AiSAQ™ SSD-optimized vector search capabilities,…

SEDA Malaysia Promotes The Advancement Of The National Bioenergy Ecosystem Ahead Of ISES 2026

KUALA LUMPUR, Dec 17 (Bernama) — The Sustainable Energy Development Authority (SEDA) Malaysia, a statutory body under the Ministry of Energy Transition and Water Transformation (PETRA), yesterday organised the Pre-ISES 2026 Forum at the Le Meridien Hotel as part of the lead-up to the 7th International Sustainable Energy Summit (ISES) 2026. With the…

Dongfeng Motor Holds Global Partnership Summit to Accelerate New Energy Expansion

SHIYAN, China, Dec 17 (Bernama-BUSINESS WIRE) — On November 19, the 2026 Overseas Commercial Vehicle Partnership Summit was held in Shiyan, Hubei Province. During the Summit, Dongfeng G Series high-end truck brand has offically launched for overseas markets. Integrating top-tier global supply chains and having undergone rigorous testing, the G Series…

Bitget Launches Gold, Forex and Commodities Markets for Crypto Users

VICTORIA, Seychelles, Dec 17 (Bernama-GLOBE NEWSWIRE) —Bitget, the world’s largest Universal Exchange (UEX), today announced the launch of the private beta for Bitget TradFi, a new cross-market feature that gives crypto users direct access to global forex, metals, commodities, indices, and stock CFDs using USDT as margin. Selected users are now able to test…

Archangel Lightworks And Omantel Establish A Strategic Partnership To Bring Laser Communications To Oman

MUSCAT, Oman, Dec 17 (Bernama-GLOBE NEWSWIRE) — Omantel and Archangel Lightworks, a UK-based pioneer in optical and laser communications announced the signing of agreement to accelerate the future of satellite and optical communication services. The agreement creates a collaborative framework for the parties to introduce Archangel Lightworks’ innovative laser-optic satellite ground…

Axi Celebrates 18 Years by Giving Back Through Community Initiatives

SYDNEY, Dec 17 (Bernama-GLOBE NEWSWIRE) — Axi, a leading global provider of online CFD and FX trading, celebrated its 18th anniversary this October, marking nearly two decades of growth, excellence, and commitment to making a positive impact. Founded in 2007, the Australian-based broker has evolved from a two-person startup into a highly…