HSBC is tackling Hong Kong’s commercial real estate crisis

HSBC is tackling Hong Kong’s commercial real estate crisis

[HONG KONG] For those concerned with financial stability, HSBC Holdings. is doing the right thing by taking its Hong Kong subsidiary private. But its shareholders do not like it. HSBC’s plan Hang Seng Bank is expensive. Hang Seng’s minority shareholders will be paid all in cash, at a premium of about 30 per cent over…

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Telecom’s Silent Epidemic: AB Handshake on Tackling Fraud Without Blocking Legitimate Calls

Telecom’s Silent Epidemic: AB Handshake on Tackling Fraud Without Blocking Legitimate Calls

Fraudsters have found fertile ground in the telecom industry, targeting service providers and enterprises alike. In 2023, telecom fraud surged by 12%, costing the industry a staggering $38.95 billion—about 2.5% of global telecom revenue. These losses stem from schemes like IRSF, SIM box, and Wangiri fraud, just to name a few. While the financial implications…

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Tackling Debt ‘Curse’, France Wants To Slash Holidays

Tackling Debt ‘Curse’, France Wants To Slash Holidays

France’s Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays as part of an urgent plan to tackle what he called the “curse” of his country’s debt. Presenting his outline 2026 budget plan, Bayrou said two holidays out of France’s total of 11 could go, suggesting Easter Monday as…

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Maritime, aviation sectors can learn from each other in tackling conflict risks, climate change: transport leaders

Maritime, aviation sectors can learn from each other in tackling conflict risks, climate change: transport leaders

[SINGAPORE] The maritime and aviation sectors can work together to tackle shared global risks such as geopolitical conflict and climate change, said senior global transport officials on Monday (Jul 14). These are among “common challenges and issues… that straddle both sectors”, said Acting Transport Minister Jeffrey Siow. “To that end, we are looking at how…

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Businesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards

Businesses tackling Asia’s ageing crisis awarded S million at DBS Foundation’s Impact Beyond Awards

[SINGAPORE] Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers were among the four ideas that won the DBS Foundation’s inaugural Impact Beyond Awards. They were unveiled during the DBS Foundation Impact Beyond Dialogue on Thursday (May 29). Collectively, the winners will receive S$3 million from…

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Innovations in Identity Security: Tackling AI-Driven Threats

Innovations in Identity Security: Tackling AI-Driven Threats

In an era where artificial intelligence (AI) is reshaping industries, identity security stands at the forefront of technological advancements. Tejeswar Reddy Velpucharla, exploring AI-driven identity threats, sheds light on the evolving challenges and innovations in this field. His insights reveal the sophisticated risks posed by AI-powered attacks and the latest countermeasures being developed to combat them.…

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Tire Maker Honored For Tackling Electric Car Pollution

Tire Maker Honored For Tackling Electric Car Pollution

Electric cars are widely hailed as the future of transport, but even though they eliminate the issue of fuel emissions from tailpipes, the problem of particle pollution as a result of tire wear hasn’t been resolved. A British company selected as a finalist for Prince William’s Earthshot Prize now promises more durable tires that increase…

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How advanced robotic systems experts like Vatsal Mehta are tackling global supply chain issues

How advanced robotic systems experts like Vatsal Mehta are tackling global supply chain issues

Global supply chain issues are becoming increasingly complex, and with the rise of e-commerce, the need for efficient and effective supply chain management is greater than ever. To ensure that global supply chain processes are optimized, the industry requires the expertise of leading professionals. Vatsal Mehta has extensive knowledge and experience in advanced robotic systems.…

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