标签: Asia

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  • Creative Zone by Encor appointed as a registered corporate service provider in DIFC

    Creative Zone by Encor appointed as a registered corporate service provider in DIFC

    Creative Zone by Encor, a leading business setup and corporate services firm in the UAE, has achieved a significant milestone by being appointed as a Registered Corporate Service Provider (CSP) in the Dubai International Financial Centre (DIFC). This development strengthens the firm’s position in the UAE’s financial landscape, enabling it to support global clients in structuring and safeguarding their assets within one of the world’s most robust financial jurisdictions. DIFC, renowned as the premier financial hub for the Middle East, Africa, and South Asia, has experienced record-breaking growth in recent years. In 2024, it reported revenues of Dh1.78 billion ($484 million), a 37% year-on-year increase, while operating profits surged by 55%. The number of registered companies in DIFC surpassed 6,900 in 2024, marking a 25% rise compared to 2023, and by mid-2025, this figure accelerated to approximately 7,700 active companies. The Centre’s appeal extends beyond numbers, with hedge funds increasing from 50 to 85 in the past year—a 72% growth—and wealth and asset management firms recording nearly 20% expansion. This growth underscores DIFC’s reputation for regulatory certainty, a common-law framework, and its status as a trusted global hub for capital flows and institutional investors. As a CSP, Creative Zone by Encor is now equipped to assist clients—including family offices, wealth managers, entrepreneurs, and international firms—in establishing Foundations, Special Purpose Vehicles (SPVs), holding companies, and operational entities. The firm will also provide regulatory clarity, legal protection, and access to its registered office address in DIFC. Lorenzo Jooris, CEO of Creative Zone by Encor, highlighted the significance of this achievement, stating that it allows the firm to guide clients in leveraging DIFC’s strengths for asset protection and growth. Pratik Rawal, Group Head of Strategy and Global Expansion, emphasized DIFC’s remarkable trajectory and Creative Zone by Encor’s ability to help clients transform international ambitions into regulated structures. This milestone also extends the benefits of DIFC’s framework to Creative Zone by Encor’s global network through Encor, enabling families and businesses worldwide to access wealth structuring, legacy planning, and sustainable growth opportunities.

  • Cambridge University to consider divesting from arms industry amid Gaza protests

    Cambridge University to consider divesting from arms industry amid Gaza protests

    In a groundbreaking move, the University of Cambridge has announced its decision to divest from companies involved in the production of ‘controversial weapons.’ This decision follows the publication of a landmark report that scrutinized the university’s ties to the arms industry. The report, unanimously approved by the University Council, calls for the divestment of the university’s £4.2 billion ($5.62 billion) endowment fund from any company manufacturing weapons deemed illegal under UK law, regardless of their legality elsewhere. This includes chemical and biological weapons, as well as cluster munitions. The council has adopted this as policy and is set to vote on November 20 on whether to extend this divestment to all arms manufacturers. The announcement comes after years of student-led pro-Palestine protests and follows King’s College’s decision to divest from the arms industry and companies complicit in the occupation of Ukraine and Palestinian territories. The report highlighted the challenges posed by the secrecy surrounding Cambridge’s investments, noting that the lack of transparency has fueled suspicions about the extent of the university’s investments in arms manufacturers. The report presented three options: complete divestment, maintaining the status quo, or capping investments in conventional weapons at one percent. Cambridge for Palestine (C4P), a group that has organized protests and encampments, hailed the development as a ‘forced reckoning,’ emphasizing that the university has been compelled to consider complete divestment as a legitimate option. The Cambridge Students’ Union has also backed full divestment from the arms industry. Professor Graham Virgo, chair of the working group that conducted the review, acknowledged the thorough and thoughtful process that led to the report, thanking all contributors. Cambridge University, composed of 31 self-governing colleges, operates autonomously in its financial investments. King’s College, founded in 1441, announced in May that it would exclude companies involved in illegal activities or the production of military and nuclear weapons from its investments by the end of 2025. As of March 2023, the college had £2.2 million ($2.94 million) invested in arms companies, including Lockheed Martin, Korea Aerospace, and BAE Systems. Trinity College, the university’s wealthiest, faced protests over its investments in Elbit Systems, Israel’s largest arms company. Despite student reports of divestment, the college has refused to comment on its investments, and freedom of information requests revealed continued investments in arms companies.

  • Bocholt group visits Wuxi to honor friendship

    Bocholt group visits Wuxi to honor friendship

    In a significant gesture to honor four decades of friendship, a delegation from Bocholt, Germany, led by Vice Mayor Gudrun Koppers, visited Wuxi, Jiangsu Province, on October 20, 2025. The visit centered around a special photo exhibition at the Wuxi Museum, which showcased the rich history of cultural and economic exchanges between the two cities. This milestone event not only highlighted the enduring bond between Wuxi and Bocholt but also underscored their commitment to fostering deeper collaboration in the years to come. The delegation’s visit served as a testament to the strength of international partnerships and the shared vision for mutual growth and understanding. For more insights into the delegation’s impressions and their aspirations for future cooperation, viewers are encouraged to explore the accompanying video.

  • Domestic tourism spots receive nearly 5 billion visits in first three quarters

    Domestic tourism spots receive nearly 5 billion visits in first three quarters

    China’s domestic tourism industry has witnessed a remarkable surge in 2025, with nearly 5 billion visits recorded across various tourist destinations in the first three quarters. This represents an impressive 18% year-on-year increase, signaling a robust recovery and growing enthusiasm for domestic travel. The data underscores the resilience of China’s tourism sector, which has been steadily rebounding from the challenges posed by global uncertainties in recent years. The rise in domestic tourism is attributed to several factors, including improved infrastructure, government initiatives to promote local travel, and a renewed interest in exploring the country’s diverse cultural and natural attractions. Popular destinations such as Changchun Park, with its vibrant autumn colors, and educational exhibitions like Shanghai’s first event for elderly learning, have drawn significant attention. This upward trend not only boosts local economies but also highlights the importance of sustainable tourism practices to preserve China’s rich heritage and natural beauty.

  • WHO says India has much to do on toxic cough syrup despite some progress

    WHO says India has much to do on toxic cough syrup despite some progress

    The World Health Organization (WHO) has called on India to intensify its efforts to prevent the sale of toxic cough syrup, despite acknowledging some advancements in the country’s pharmaceutical regulations. This comes after at least 24 children died from consuming Coldrif cough syrup, produced by Sresan Pharma, which contained diethylene glycol at levels nearly 500 times the permissible limit. The tragedy follows a global pledge made two years ago to tighten safety measures after similar incidents linked to Indian and Indonesian-made syrups claimed the lives of over 300 children worldwide. Rutendo Kuwana, WHO’s team lead for substandard and falsified medicines, noted that while India has introduced a new rule requiring export medicines to be tested for contaminants like diethylene and ethylene glycol, no such regulation exists for domestically sold syrups—a significant regulatory gap. Kuwana emphasized that India’s pharmaceutical market is vast, with tens of thousands of manufacturers and multiple states to oversee, making enforcement a complex challenge. Recent reports suggest India plans to scrap the export testing rule once companies upgrade their facilities to international standards by year-end. However, the WHO has stressed that medicines should be tested at every stage of production, not just the final product. Kuwana also highlighted a lack of accountability for previous incidents, describing it as a ‘big disappointment’ that no one has been jailed in India despite the deaths abroad. ‘This is not just selling fake shoes,’ he said. ‘It’s a moral issue, but if you don’t follow the rules, it’s criminal, because it has devastating consequences.’

  • Vibrant autumn colors attract tourists to Changchun park

    Vibrant autumn colors attract tourists to Changchun park

    As October unfolds, the Jingyuetan National Scenic Area in Changchun, Jilin province, has transformed into a breathtaking canvas of autumn hues. The park, renowned for its 96% forest coverage, now boasts a stunning array of colors, from lush greens to radiant golds, bold oranges, and deep reds. This natural spectacle has drawn a surge of visitors, both locals and tourists, eager to immerse themselves in the serene beauty of the season. The gentle breeze has painted the mountains with vibrant foliage, creating a pastel paradise that offers a perfect escape for those seeking tranquility and a connection with nature. The scenic area has become a must-visit destination for autumn enthusiasts, providing an idyllic setting to relax and appreciate the gentle allure of the season.

  • ‘Like a battlefield’: The real story behind the Tel Aviv derby violence

    ‘Like a battlefield’: The real story behind the Tel Aviv derby violence

    The cancellation of the highly anticipated derby match between Hapoel Tel Aviv and Maccabi Tel Aviv on Sunday has sparked widespread outrage, with eyewitnesses attributing the violence to politically motivated actions by the Israeli police. Sources, including sports analysts, local residents, and fans, have pointed to a significant escalation in police brutality since the appointment of ultranationalist Itamar Ben Gvir as National Security Minister in 2022. This incident has drawn attention to the broader political climate in Israel, where the government’s actions in Gaza and the West Bank have intensified scrutiny on domestic football. Maccabi Tel Aviv fans, already under fire for their controversial behavior during European matches, were initially blamed for the violence. However, witnesses and journalists have countered that the police instigated the clashes, leading to injuries among civilians and officers. Videos and photographs depict shocking scenes of police brutality, including the use of force against children and fans. The incident has highlighted the deep political divisions within Israeli society, with Hapoel Tel Aviv, historically associated with the left, bearing the brunt of the violence. Critics argue that the police, emboldened by Ben Gvir’s leadership, are increasingly targeting dissent. The cancellation of the match has reignited debates about the role of politics in sports and the growing tensions within Israeli football.

  • Rani Mukerji salutes courage, sacrifice of Indian police force through ‘Mardaani 3’

    Rani Mukerji salutes courage, sacrifice of Indian police force through ‘Mardaani 3’

    Bollywood star Rani Mukerji is set to reprise her iconic role as the fearless cop Shivani Shivaji Roy in the upcoming film ‘Mardaani 3,’ scheduled for release on February 27, 2026. Directed by Abhiraj Minawala and produced by Aditya Chopra under Yash Raj Films, the third installment of the franchise promises to deliver another gripping narrative centered around a brutal case. Ahead of the film’s release, Rani took the opportunity to pay tribute to the Indian Police Force on Police Commemoration Day 2025. In a heartfelt statement, she expressed her deep admiration for the courage, dedication, and sacrifices made by police officers across the nation. She emphasized the importance of recognizing the human element behind the uniform, acknowledging that these officers are also family members who prioritize the safety and well-being of the country above all else. Rani’s portrayal of Shivani Shivaji Roy has become a symbol of strength and justice, and she hopes to continue inspiring audiences while shedding light on the invaluable contributions of the police force.

  • Dubai to launch dirham-denominated gold contract to attract global investors

    Dubai to launch dirham-denominated gold contract to attract global investors

    The Dubai Gold and Commodities Exchange (DGCX) is poised to introduce a groundbreaking dirham-denominated gold contract, marking a significant step in bolstering the UAE’s position in the global precious metals market. Ahmed Bin Sulayem, Executive Chairman and CEO of the Dubai Multi Commodities Centre (DMCC), revealed this initiative in a recent column for Khaleej Times. The contract, pending approval from the Central Bank of the UAE and the Securities and Commodities Authority, will be physically deliverable and available in both spot and monthly futures formats, extending up to 12 months. This move aims to mitigate geopolitical and USD-trading risks while promoting the use of the UAE’s national currency in regional commodity trade settlements. Additionally, DGCX plans to launch a daily benchmark gold contract, aligned with international standards set by the International Organization of Securities Commissions (IOSCO), to ensure transparency and prevent market manipulation. The exchange is also exploring 24-hour trading and same-day settlement systems to enhance efficiency and attract global investors. With gold prices surpassing $4,000 per ounce and new regulations mandating storage in DMCC-approved vaults, DGCX is well-positioned to enter a new era of global trade, driven by AI-powered technology and increased liquidity.

  • Shanghai’s first exhibition for elderly learning highlights China’s educational innovation

    Shanghai’s first exhibition for elderly learning highlights China’s educational innovation

    From October 18 to 20, the Shanghai Exhibition Center hosted the inaugural Shanghai Exhibition of Courses for Seniors, marking a significant milestone in China’s commitment to lifelong learning and educational innovation for the elderly. This groundbreaking event, the first of its kind in the country, drew participation from over 120 institutions, presenting more than 500 high-quality courses tailored to the needs and interests of older adults. Among the standout offerings were courses in AI-driven short video production, coffee culture, and geriatric general medicine, which quickly became the most sought-after options. Additionally, the exhibition introduced a ‘one-stop learning’ mobile platform, seamlessly integrating online and offline educational resources to enhance accessibility and convenience for senior learners. This initiative underscores Shanghai’s leadership in addressing the educational aspirations of its aging population and sets a precedent for other regions to follow.