标签: Asia

亚洲

  • UAE poised to lead GCC IPO rebound in 2026 as pipeline rebuilds

    UAE poised to lead GCC IPO rebound in 2026 as pipeline rebuilds

    The United Arab Emirates is positioned to catalyze a significant rebound in Gulf Cooperation Council initial public offerings throughout 2026, according to comprehensive analysis from Kamco Invest. This anticipated revival follows a notably subdued performance across regional markets during 2025, when GCC IPO activity dwindled to its lowest level in four years.

    The previous year witnessed merely 42 public listings throughout the GCC region, generating aggregate proceeds of $5.8 billion. This represented the most modest fundraising performance in five years, reflecting a dramatic 55 percent decline compared to 2024 figures. Market specialists attribute this downturn to persistent market volatility, fluctuating oil prices, and heightened geopolitical tensions that collectively fostered caution among both issuers and investors.

    Market attention has now decisively shifted toward the UAE’s revitalized IPO pipeline, which distinguishes itself through both substantial scale and exceptional sector diversity. Dubai’s anticipated offerings include prominent entities such as Binghatti Holding, Dubai Investments Park Development, Arabian Construction Company, and retail giant Majid Al Futtaim Holding. Simultaneously, Abu Dhabi’s lineup features heavyweight candidates including Emirates Global Aluminium, renewable energy leader Masdar, and Etihad Airways.

    This diversified portfolio spans multiple critical sectors including real estate, construction, energy, aviation, and renewable technologies. This strategic variety provides investors with balanced exposure to both defensive cash flow generators and long-term growth opportunities. Banking analysts note that valuation resets following the weak 2025 performance have established more realistic pricing environments, potentially enhancing execution success rates.

    The UAE’s projected leadership role emerges following its own substantial decline, with 2025 IPO proceeds collapsing to $1.1 billion from $4.1 billion the previous year. While Saudi Arabia maintained quantitative dominance with 37 of the region’s 42 IPOs, even its market experienced noticeable softening as the Tadawul All Share Index declined 12.8 percent throughout the year.

    Regional market underperformance significantly contributed to the IPO downturn. The MSCI GCC index gained a mere 1.6 percent during 2025, substantially lagging behind global markets that benefited from artificial intelligence-driven rallies. This performance gap diverted international capital toward higher-yielding opportunities in United States and Asian markets, particularly affecting large-scale offerings requiring substantial institutional demand.

    Post-listing performance metrics further complicated the landscape, with only 13 GCC IPOs trading above their offer prices by year-end 2025 while 28 remained underwater. Despite these challenges, select niche performers across energy, software, services, and education sectors delivered gains supported by robust fundamental performance.

    The global IPO environment presented a contrasting picture, with total proceeds surging to $146.1 billion—a three-year high—driven by blockbuster listings in United States and Chinese markets. This divergence dramatically reduced the GCC’s share of global IPO fundraising, highlighting the region’s disconnection from worldwide capital market trends throughout 2025.

    Financial experts anticipate this gap will narrow during 2026, with approximately 73 IPOs currently identified within the GCC pipeline. While Saudi Arabia is expected to lead in transaction volume, the UAE’s large-scale offerings are considered crucial for restoring market depth and momentum. Improving macroeconomic conditions, moderating inflation trends, and sustained investor demand for infrastructure and energy transition assets are expected to provide supportive market conditions.

    Market observers conclude that 2026 represents a potential reset opportunity for UAE capital markets, provided issuers maintain sensible pricing strategies and market conditions remain stable throughout the recovery period.

  • Japanese PM to detail plans to dissolve lower house for snap election on Jan 19

    Japanese PM to detail plans to dissolve lower house for snap election on Jan 19

    TOKYO – Japanese Prime Minister Sanae Takaichi has formally notified senior coalition officials of her intention to dissolve the House of Representatives during the initial phase of this year’s ordinary parliamentary session, with detailed plans scheduled for announcement on January 19.

    The decision emerged during Wednesday’s high-level consultations between the Prime Minister and executives from the ruling coalition. Hirofumi Yoshimura, leader of the Japan Innovation Party which governs in coalition with Takaichi’s Liberal Democratic Party, confirmed the timeline to journalists following the strategic meeting.

    This move toward a snap election represents a significant political calculation by the Takaichi administration, potentially reshaping Japan’s legislative landscape amid evolving domestic and international challenges. The dissolution of the lower house would trigger Japan’s first general election under Takaichi’s leadership since she assumed office.

    Political analysts suggest the timing indicates the government’s confidence in current polling numbers and a strategic effort to secure a renewed mandate before addressing several pressing policy initiatives. The announcement comes during a critical period for Japan’s economic recovery and amid ongoing regional security considerations that have dominated recent parliamentary debates.

    The January 19 detailing of dissolution plans will provide clarity on the exact timetable for what could become a defining political moment in Japan’s 2026 political calendar, with implications for both domestic governance and international relations.

  • Nobel laureate Paul Nurse inspires Chinese students in Beijing lecture

    Nobel laureate Paul Nurse inspires Chinese students in Beijing lecture

    In a captivating lecture at the University of Chinese Academy of Sciences, Nobel Prize-winning scientist Sir Paul Nurse inspired a new generation of researchers during his Beijing address on Tuesday. The renowned geneticist and President of Britain’s Royal Society engaged with over 300 students from China and abroad, delivering profound insights into the fundamental nature of life itself.

    Dr. Nurse, who received the 2001 Nobel Prize in Physiology or Medicine for his discoveries of protein molecules that control cell division, framed his presentation around historical scientific pioneers. He illuminated key biological concepts through the groundbreaking work of Gregor Mendel, the father of modern genetics, and Charles Darwin, architect of evolutionary theory through natural selection.

    The distinguished scientist presented life as an extraordinarily complex information system that transcends mere chemical and physical processes. He emphasized that all terrestrial life shares a common ancestral origin, having evolved through meticulous natural selection processes over millennia.

    During the interactive session, Nurse particularly highlighted the critical role young researchers play in advancing scientific frontiers. When addressing questions about unsolved scientific challenges, he redirected inquiry toward the audience, stating: ‘I would ask people like you rather than people like me for the answer to that question… because that’s where the answers are coming from.’

    The British scientist expressed strong interest in fostering collaborative ties between Chinese and UK research communities, specifically mentioning potential partnerships in his specialized field of cell reproduction research. The event served as both an educational masterclass and a bridge-building initiative in international scientific cooperation.

  • US overdose deaths fell through most of 2025, federal data reveals

    US overdose deaths fell through most of 2025, federal data reveals

    In a significant reversal of a decades-long public health crisis, the United States has recorded its most substantial annual decline in drug overdose fatalities. Federal health data reveals overdose deaths plummeted approximately 27% in 2024, marking the largest single-year reduction ever documented and continuing a trend that began in 2023.

    The Centers for Disease Control and Prevention’s latest provisional data, covering through August 2025, indicates an estimated 73,000 overdose deaths occurred in the preceding 12-month period. This represents a notable 21% decrease from the 92,000 fatalities recorded in the previous year and a dramatic drop from the peak of nearly 110,000 deaths in 2022.

    This encouraging development appears nationwide, with 45 states reporting declining overdose rates. Only Arizona, Hawaii, Kansas, New Mexico and North Dakota showed potential increases, though officials caution that incomplete reporting might affect these state-level figures.

    Researchers point to multiple contributing factors behind this positive trend. Expanded access to naloxone (the overdose-reversing medication), broader addiction treatment services, shifting patterns of drug consumption, and the strategic deployment of opioid lawsuit settlement funds have collectively created a more effective response system.

    Two recent scientific studies offer additional explanations. University of Maryland researchers published evidence in Science journal suggesting China’s regulatory crackdown on precursor chemicals for fentanyl production has impacted drug purity and availability. Concurrently, University of Pittsburgh researchers identified a correlation between the conclusion of COVID-19 stimulus payments and the stabilization of overdose rates beginning in 2022.

    Despite this progress, experts emphasize that the monthly death toll remains elevated compared to pre-pandemic levels and far exceeds numbers from before the current overdose epidemic began in the 1990s. The recent deceleration in the decline rate further underscores the fragility of these gains and the ongoing challenges in sustaining this positive trajectory.

  • ‘The White Lotus’ Season 4 to film at a lavish hotel on the French Riviera

    ‘The White Lotus’ Season 4 to film at a lavish hotel on the French Riviera

    HBO’s critically acclaimed anthology series ‘The White Lotus’ will transport viewers to the luxurious French Riviera for its highly anticipated fourth season. According to industry reports, production will center around the opulent Château de La Messardière, a 19th-century palace converted into a luxury hotel in Saint-Tropez, with additional filming scheduled at a Paris hotel.

    Creator Mike White is currently developing the scripts for the new season, which will maintain the show’s signature structure of following affluent hotel guests and staff over a transformative week. The sprawling Saint-Tropez property spans 32 acres of meticulously landscaped gardens featuring parasol pines, cypress trees, and jasmine, providing the perfect backdrop for the series’ signature social satire.

    With suites ranging from $3,000 to over $8,000 per night, the hotel offers the extreme luxury that has become synonymous with the Emmy-winning series. Guests enjoy premium amenities including a full-service spa, gourmet restaurants, sports facilities, children’s programs, and even beach access via Rolls-Royce transportation.

    Production is scheduled to run from late April through October 2026, coinciding with the Cannes Film Festival in May, which sources suggest might be incorporated into the storyline. Casting is currently underway with a deliberate emphasis on French talent, though only two new cast members have been officially announced: Alexander Ludwig (known for ‘Vikings’) and AJ Michalka (from ‘The Goldbergs’).

    The series continues its tradition of exploring new destinations while maintaining its sharp examination of wealth, privilege, and social dynamics in exclusive environments.

  • Timothy Fok Tsun-ting awarded honorary doctorate by Renmin University of China

    Timothy Fok Tsun-ting awarded honorary doctorate by Renmin University of China

    In a significant academic ceremony held at Renmin University of China’s Qianhai campus in Shenzhen on Wednesday, prominent Hong Kong business leader and sports administrator Timothy Fok Tsun-ting was conferred with an honorary Doctor of Laws degree. The chairman of Fok Ying Tung Group received the prestigious honor from University Party Secretary Zhang Donggang, who presided over the traditional tassel-adjustment ceremony marking the academic achievement.

    Secretary Zhang formally recognized Fok as an exemplary patriotic figure from Hong Kong SAR and a steadfast advocate of the ‘one country, two systems’ principle. The university specifically acknowledged Fok’s substantial contributions to China’s reform and opening-up policies and his transformative impact on sports development, noting the alignment between his values and the institution’s educational mission.

    In his acceptance address, Fok emphasized the diplomatic power of sports as a universal language that transcends national boundaries. ‘Sport has consistently proven to be an effective bridge for fostering international understanding and cooperation,’ Fok stated, highlighting how athletic soft power can advance global peace initiatives.

    The business leader outlined his commitment to leveraging the university’s academic platform to enhance sports integration within the Guangdong-Hong Kong-Macao Greater Bay Area. He further pledged to support the expansion of China’s global sports partnership network through strategic collaborations.

    Fok additionally expressed his hope that Renmin University students would develop theoretical frameworks from China’s sports diplomacy practices, explore innovative models for sports to serve national strategies, and promote traditional Chinese sports to facilitate cross-cultural understanding worldwide.

  • Anger at UK media for framing cancellation of school visit by pro-Israel MP as antisemitic

    Anger at UK media for framing cancellation of school visit by pro-Israel MP as antisemitic

    A Bristol secondary school has become embroiled in a national media controversy following the cancellation of a scheduled visit by pro-Israel MP Damien Egan last September. The Bristol Brunel Academy called off the event after receiving objections from pro-Palestine activists, including members of teaching unions.

    The Bristol Palestine Solidarity Campaign publicly applauded the school’s decision, characterizing Egan as a supporter of “Israel’s genocidal assault on Gaza.” The MP serves as vice-chair of Labour Friends of Israel and participated in a paid trip to attend the American Israel Public Affairs Committee’s Congressional Summit in February 2025, during the peak of Israel’s military operations in Gaza that have resulted in over 71,000 Palestinian casualties since October 2023.

    Media coverage from major outlets including The Times, Telegraph, and initially The Guardian framed the cancellation through the lens of antisemitism, highlighting Egan’s Jewish identity in their reporting. The Times published an editorial demanding stronger laws to prevent such “antisemitism,” while The Guardian initially ran with the headline “Jewish MP’s visit to school cancelled” before quietly amending it to remove reference to his religion.

    The controversy gained national traction after Labour minister Steve Reed referenced the incident at a Jewish Labour Movement event, describing it as a Jewish MP being “banned from visiting a school” without mentioning Egan’s pro-Israel advocacy.

    Pro-Palestine commentators and journalists have expressed outrage at the media’s handling of the story. Rivkah Brown of Novara Media condemned The Guardian’s “irresponsible article,” while Bristol-based journalist Jonathan Cook asserted that the cancellation was motivated by opposition to Egan’s political stance rather than his religious identity, stating that local teachers and parents “oppose genocide and don’t want impressionable young minds exposed to someone who defends a state committing the ultimate crime against humanity.”

  • Viral Chinese app ‘Are You Dead?’ to change its name

    Viral Chinese app ‘Are You Dead?’ to change its name

    The Chinese-developed personal safety application that garnered international attention for its provocative name “Are You Dead?” has officially announced a comprehensive rebranding strategy. The app, which surged to the top of China’s paid App Store rankings following extensive media coverage, will now operate globally under the name “Demumu.”

    Originally launched as “Sileme” (a Mandarin phrase translating to “are you dead?”), the application serves as a digital safety net for individuals living alone. Users register emergency contacts who receive automated alerts if the user fails to check in within a 48-hour period, potentially indicating an emergency situation.

    The developer stated Tuesday evening that after considerable deliberation, the application would adopt its existing international brand name “Demumu” across all markets in upcoming releases. Company representatives attributed their explosive overseas growth to coverage by international media outlets including the BBC and Agence France-Presse.

    While the application’s functionality remains unchanged, the name alteration has sparked mixed reactions among users. Some Chinese social media commentators expressed skepticism about the rebranding, with one Weibo user noting: “Don’t you think your virality is precisely due to your name? Without it, no one would have installed this app, except in cases of absolute emergency.” Another added: “With this new name, it loses its flavour.”

    The original name constituted a linguistic play on “Eleme,” a popular food delivery platform in China. The app’s emergence coincides with significant demographic shifts, as official data reveals solo dwellers now constitute approximately one-fifth of Chinese households—a notable increase from 15% just a decade earlier in 2024.

    The company affirmed its commitment to its founding mission: “Demumu will remain steadfast in its founding mission of safeguarding safety, bringing China-originated protection solutions to the world and serving more solitary individuals globally.”

  • Trump administration ‘to unveil’ US-led Palestinian committee to run Gaza

    Trump administration ‘to unveil’ US-led Palestinian committee to run Gaza

    The United States is advancing plans to establish a committee composed of Palestinian technocrats to administer the Gaza Strip, according to multiple Arab and American media outlets. This initiative forms a critical component of the US-mediated ceasefire agreement brokered between Hamas and Israel in October.

    Ali Shaath, former Palestinian deputy minister for planning, has been designated to lead the 15-member governance body. The committee will operate under the supervision of Nickolay Mladenov, former UN Middle East peace coordinator and Bulgarian diplomat, who is reportedly slated to serve as high representative for a Trump-led “Board of Peace” tasked with implementing the second phase of the Gaza ceasefire.

    Committee members have received instructions to maintain strict confidentiality regarding their appointments, ensuring that former President Donald Trump would have the privilege of formally announcing the initiative. “We were told that President Donald Trump should be the first to announce the formation of the committee,” one anonymous member revealed to Doha-based news outlet Al-Araby Al-Jadeed.

    The proposed committee notably excludes representatives affiliated with any Palestinian political factions, instead drawing membership exclusively from Gaza-based technocrats and professionals. Ayed Abu Ramadan, chairman of the Gaza Chamber of Commerce, is among those expected to serve on the governance body.

    Diplomatic coordination is underway, with Egypt likely to host the committee’s inaugural meeting. Egyptian authorities are reportedly coordinating with Israeli officials to facilitate travel for Gaza-based members, with at least four prospective members having remained in Egypt since the conflict began.

    A Hamas delegation led by senior official Khalil al-Hayya arrived in Cairo this week for discussions concerning the committee’s formation and ceasefire implementation. Notably, a senior Hamas source indicated the group has raised no objections to the proposed committee membership, suggesting potential acceptance of the technocratic governance model.

    Despite these developments, critical elements of the October ceasefire agreement remain unimplemented, including the formation of an international security force, complete Israeli military withdrawal from Gaza, and the disarmament of Hamas militants.

    The ceasefire was originally intended to conclude a devastating two-year conflict that according to Palestinian health authorities claimed over 71,400 lives and left approximately 171,000 wounded. Despite the truce, violations persist with nearly 450 Palestinian fatalities reported since October, continued closure of border crossings, and ongoing restrictions on humanitarian aid delivery.

  • Trail goes cold in Britain abandoned babies mystery

    Trail goes cold in Britain abandoned babies mystery

    A profound mystery shrouds East London as authorities prepare to suspend the investigation into three abandoned newborn siblings discovered under nearly identical circumstances over a seven-year period. The case, unprecedented in modern Britain, has exposed critical gaps in understanding coercive situations that might drive such desperate acts.

    The chronology began in September 2017 when a newborn boy, later named Harry, was discovered wrapped in a blanket in Plaistow Park. In January 2019, a second infant girl, Roman, was found in a shopping bag in a nearby park just before snowfall, discovered by dog walkers who heard crying. The pattern culminated in January 2024 with the discovery of a third sibling, named Elsa by hospital staff after the Frozen character, found less than an hour old in a shopping bag near a busy road.

    In a breakthrough revelation last June, DNA testing confirmed all three children share the same biological parents. This discovery intensified concerns that the mother might be trapped in a coercive or captive situation, unable to seek help. Despite exhaustive efforts including profiling consultation, hundreds of surveillance hours reviewed, targeted DNA sampling of local residents, and an unclaimed £20,000 reward, investigators have reached an impasse.

    Forensic psychology experts suggest the mother may be a migrant avoiding official detection or someone experiencing extreme terror, given the life-threatening risks of unattended births. The abandonment phenomenon is so rare in contemporary Britain that national statistics are no longer maintained, with only eight similar cases recorded in England and Wales between 2008-2018.

    While the children now thrive in adoptive and foster care—described as ‘raucous bundles of excitement and laughter’—the emotional legacy of their unknown origins remains concerning. With no hospital birth records, the siblings will never be able to trace their biological mother, creating permanent psychological implications according to child development experts.