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Media OutReach Newswire guarantees news posting on 300 news sites for press release distribution to China

Media OutReach Newswire guarantees news posting on 300 news sites for press release distribution to China

A new milestone for the newswire industry

HONG KONG SAR – Media OutReach – 27 June 2023 – Media OutReach Newswire, Asia’s first global newswire, has strengthened its China distribution network, expanding the number of media partners to guarantee online news posting for its press release distribution service to 300 leading English and Simplified Chinese media partners.

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As companies in China look to global markets for new growth opportunities, Media OutReach Newswire offers comprehensive local and global press release distribution across 26 Asia Pacific markets, Africa, the Middle East, Latin America, Europe, UK, Canada and USA to support Chinese companies in building their brand internationally.

Media OutReach Newswire has been supporting Chinese corporations from OPPO to Fosun, Alibaba Cloud, IMAX China and ECOVACS Robotics to build their global brand reputation in markets including the USA, UK, Germany, Canada and Dubai and key Southeast Asia regions Thailand, Vietnam, Singapore and Malaysia as well as Mainland China.

Media OutReach Newswire’s global press release distribution network offers an authentic service that connects clients in China with journalists to build media relations, post their news on real media sites and reach investors through the companies news posting into all of the world’s leading financial services in English and Simplified Chinese such as Bloomberg, Refinitiv Eikon, Dow Jones Newswire, Factset, Infront, Morningstar and international news services Reuters News Agency, Associated Press (AP) and Agence France Presse (AFP).

As the first global newswire in Asia to build a dedicated distribution network for China brands to expand globally, clients will have unlimited access to multiple industry media from business, finance, automotive, cryptocurrency, education, fashion, mobile, eSports, gaming, healthcare, consumer technology, travel, women, the arts and other news categories.

Media OutReach Newswire is the only global newswire that specialises in Asia Pacific with its own distribution network spanning 26 countries in the region. It has a database of 140,000 journalists and editors, covering 400 news trade categories and partnership with more than 600 online media to provide guaranteed online news posting.

Across the China market, Media OutReach Newswire’s partners include leading national news sites Netease, Sohu, Sina, Tencent, TouTiao, iFeng, Zhong Guo Wang, in addition to top finance platforms Futu Niu Niu Juan, EastMoney and Xueqiu.

The expansion further cements Media OutReach Newswire as the most comprehensive press release distribution partner in China and across the Asia Pacific region that connects Chinese clients with real journalists to generate coverage and build media relations. Post-release reports, available in English and Simplified Chinese, show how many journalists engaged with their press release by publication and country through the Media and Journalist Insights Report, the only newswire to offer this service.

To help PR professionals communicate their news effectively, Jennifer Kok, Founder and CEO of Media OutReach Newswire, says Media OutReach Newswire’s pricing structure in China will remain unchanged, with a single fee applied for unlimited trade categories.

“Our commitment lies in providing a robust platform that empowers companies in China to establish and strengthen their brand using our authentic newswire service, without incurring any additional costs,” Kok says.

“With this expansion, Media OutReach Newswire solidifies its position as the most comprehensive press release distribution partner, dedicated to empowering Chinese companies to build their brand through an authentic and specialised press release distribution service across the Asia Pacific, including key Southeast Asia markets, as well as the USA, UK, Germany, France the Middle East and Africa.”

Media OutReach Newswire has established a strong footprint in China, launching the industry’s first dedicated press release distribution network for the Greater Bay Area.

The Greater Bay Area, encompassing major cities Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, plus Special Administrative Regions of Hong Kong and Macao, has emerged as a crucial economic powerhouse and innovation hub strategically positioned as a gateway to connect Southern China to global markets, while empowering global business to secure a footprint in one of the fastest-growing economic regions in Asia.

Hashtag: #MediaOutReachNewswire #pressrelease

The issuer is solely responsible for the content of this announcement.

About Media OutReach Newswire

Launched in 2009, Hong Kong-based Media OutReach is the first global newswire founded in the Asia-Pacific region with offices in Singapore, Malaysia, Vietnam, Japan, China, Thailand and Taiwan.

As a pioneering global newswire agency and the voice of Asian companies, Media OutReach is the only press release newswire that owns its distribution network in 26 countries across Asia Pacific region. Our network of media assets includes more than 140,000 journalists, 400 trade categories, 65,000 media titles and partnerships with more than 600 authentic media to guarantee online news postings.

With proprietary SAAS technology at our core, we distribute multi-language and multimedia press release content directly to the inbox of editors and journalists to optimise coverage, build media relations and provide pioneering insights on PR campaign performance. Our guaranteed online news posting turns our clients’ releases into organic stories on our media partner news sites.

For more information about Media OutReach Newswire’s services and distribution network, please visit .

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Oasys Explores Potential Partnership with MIXI Corporation to Accelerate Growth of Blockchain Gaming

Oasys Explores Potential Partnership with MIXI Corporation to Accelerate Growth of Blockchain Gaming

SINGAPORE – Media OutReach – 27 June 2023 – Oasys, a gaming-optimised blockchain, today announced that it is in talks with MIXI Corporation to expand their partnership beyond MIXI’s current role as a validator on the Oasys Chain. The two companies are exploring ways to collaborate on content production and other Web3-related initiatives to accelerate the growth of blockchain gaming.

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MIXI, renowned for its blockbuster mobile game “Monster Strike,” has been at the forefront of Web3 innovation with its sports-focused NFT marketplace, “DAZN MOMENTS.”

The partnership between Oasys and MIXI would bring together the expertise of two leading companies in the blockchain gaming space. The two companies believe that they can work together to create innovative and engaging blockchain games that will appeal to a wide audience.

The two companies are still in the early stages of discussions, but they are both optimistic about the potential of the partnership. They believe that the partnership could help to accelerate the growth of blockchain gaming and make it more accessible to a wider audience.
Hashtag: #Oasys #blockchain #gaming #japan

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About Oasys

Oasys is a blockchain-based game development platform that offers a highly scalable Layer 1 hub and specialised Layer 2 using Ethereum’s Layer 2 scaling solution. The ecosystem provides game developers with a secure and scalable blockchain infrastructure for creating more efficient, secure, and interoperable games. Among Oasys’ validators are leaders in gaming and Web3, such as SEGA, Ubisoft, and Yield Guild Games, in our Proof-of-Stake (PoS) based blockchain. Oasys’ expert blockchain team, combined with the biggest names in gaming, is revolutionising the gaming industry.

Oasys solves the challenges that game developers face when building blockchain-based games by focusing on creating an ecosystem for gamers and developers to distribute and develop games. The company’s trifecta approach includes a fast network powered by the gaming community, a scalable network powered by AAA game developers, and a blockchain that provides the best user experience with fast transactions and zero gas fees. This approach prepares participants to enter the Oasys and play.

More information on Oasys is available at:
Website: Twitter: Discord:

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Bybit Secures License to Operate Cryptocurrency Exchange and Custody Services in Cyprus

Bybit Secures License to Operate Cryptocurrency Exchange and Custody Services in Cyprus

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 26 June 2023 – Bybit, the world’s third most visited crypto exchange, is pleased to announce that it has successfully obtained a license to operate a crypto exchange and provide custody services in Cyprus. This milestone demonstrates Bybit’s commitment to working within regulatory frameworks and providing its users with secure and compliant trading solutions.

Bybit’s newly acquired license from the regulatory authorities in Cyprus allows the company to offer a full suite of services, including trading between crypto pairs and fiat currency pairs, financial services related to crypto assets, and custody solutions tailored to clients in Cyprus and E.U. member states. With this license, Bybit establishes itself as a trusted and regulated platform within the Cyprus cryptocurrency market.

Cyprus is recognized as a burgeoning hub for cryptocurrency activities, with a growing community of crypto enthusiasts and a favorable regulatory environment. Bybit recognizes the immense potential of the Cyprus market and is excited to bring its next-level reliability and opportunities to the local digital asset community.

“At Bybit, we wholeheartedly support the regulatory objective of building a cryptocurrency industry that is both compliant, secure, and transparent, ultimately benefiting all those seeking financial freedom,” said Ben Zhou, co-founder and CEO of Bybit. “This landmark is a testament to Bybit’s commitment to adhering to robust regulatory frameworks while expanding our global presence. We look forward to bringing the Crypto Ark to Cyprus.”

Bybit has a sterling reputation for digital asset security, compliance, and protection. Due in no small part to its enhanced KYC and AML procedures, successfully obtaining the ISO 27001:2013 certification for its robust security management system, and running real-time, on-chain, proof-of-reserves data with a purpose-built Merkle tree.

More From Bybit

Hashtag: #Bybit #TheCryptoArk

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About Bybit

IMG { cursor: pointer } Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit:

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

CBK White Paper Series: Managing Supply Chains in the Post-pandemic New Normal

CBK White Paper Series: Managing Supply Chains in the Post-pandemic New Normal

Professor Jing Wu, Department of Decision Sciences and Managerial Economics, CUHK Business School

HONG KONG SAR – Media OutReach – 26 June 2023 – The global economy has faced a series of extreme shocks over recent years, ranging from the COVID-19 pandemic to the U.S.-China trade war and Russia’s invasion of Ukraine. These dramatic changes have had far-reaching effects on globalisation, leading to a fundamental reversal of multilateral trade openness and the disruption of the status quo in global supply chains.

The global economy has faced a series of extreme shocks over recent years, leading to the disruption of the status quo in global supply chains.
The global economy has faced a series of extreme shocks over recent years, leading to the disruption of the status quo in global supply chains.

Traditionally, the tradeoff in global supply chains is cost efficiency (such as in China) and risk concentration. Increasingly, companies and governments are calling into question the sourcing strategies that have dominated supply-chain management for decades. After the trade war and COVID, global supply chain risk, especially geopolitical risk, has become a recognized issue.

New trends such as geo-economic regionalisation of supply chains, sourcing consolidation back home or among close trading partners, and facility establishments clustered around the final end-user market, have begun to emerge, as globalised manufacturing comes under intense pressure and supply chain risk – especially tail risk from unforeseen events – becomes increasingly recognised as an issue.

The Restructuring of Global Supply Chains

Traditionally, supply chain globalisation has offered firms the advantage of cost savings, and access to materials or production capabilities that may not be available domestically. However, the COVID-19 pandemic and U.S.-China Trade War have highlighted the vulnerability of global supply chains and how they expose firms to operational risk and potentially unfavourable economic or political developments in countries where their partner firms are located. As a result, the restructuring of global supply chains has been taking place across industries and geographies, with firms considering multiple trade-offs, incentives, and constraints.

So how should firms adapt their supply chains to maximise returns, minimise risk and improve resilience in the face of sudden or long-term interruptions? What trends do they need to be aware of as they build their networks in the new global economic order that is emerging? Moreover, what will the supply chains of the future look like? In this CUHK Business School Research White Paper, we review a raft of studies that provide some early answers to these questions and may help to guide businesses through the turmoil and unpredictability that have characterised global markets following the pandemic.

An initial hint is provided by our recent study, which challenges the traditional wisdom that supply chains are linear in nature and demand shocks are amplified upstream along the chain. Our study demonstrated that today’s companies operate as part of a complex supply network, with each player having multiple customers and suppliers.

The network perspective brings brand new insights on analysing the supply chain opportunities and risks, compared to the traditional perspective of a linear supply chain.

The Onset of Friend-shoring and Keeping Your Friends Close

“Friend-shoring” is also a new trend that is growing and it is likely to stay with us.
“Friend-shoring” is also a new trend that is growing and it is likely to stay with us.

Another critical topic we looked at is whether supply chain links to other regions in the world expose companies to increased risk during the pandemic, or provided a valuable buffer against local disruption. To that question, we found consistent evidence that when global supply chains were disrupted during COVID-19, it significantly affected the credit risk of companies that rely on those supply chains. For example, when China was hit in the early 2020, supply chain risk increased for U.S. companies connecting with China. However, when later China resumes production and other countries around the worlds were hit by COVID-19, having China supply chains proves valuable and mitigate the risk.

Our studies also lead us to expect that, as a result of the pandemic, people and governments around the world realise the importance of local manufacturing capacity, and they will continue to support such capacity expansion through policies such as subsidies and regional trade agreements.

“Friend-shoring”, which refers to the forging of economic ties with countries that share political trust and common economic systems and values, is also another new trend that is growing and it is likely to stay.

Given the rising geopolitical tensions of recent years, in another study, we looked at how American companies restructure their global supply chains in response to the trade and economic policy uncertainty. Our results suggest that supply chains can change as a result of trade policies enacted by governments and that supply chain risk can depend on whether a company generates its revenues abroad or at home. For US multinationals which generate most revenues abroad, U.S. policy uncertainty will push them to do more sourcing instead of bring manufacturing home. Of course, they will look for sourcing destinations with low policy uncertainty as well, at the same time explore new sourcing locations beyond China to diversify the concentration risk.

The reconstruction of global supply chains has become increasingly intertwined with the policies of individual states. Given this, do U.S. government suppliers adjust imports from countries that are affected by trade tensions, such as China and Russia?

Our research finds that recently, companies in the U.S. are increasingly hiring former U.S. government employees. Effectively such government connections can help companies to navigate the increasing murkiness that of the global market landscape due to rising geopolitical tensions, as well as help supply chains by offering flexibility.

The Future of Supply Chains

Drawing on these findings, we offer four key predictions about how the reconstruction of the global supply chain will evolve over coming decades:

  • Supply chain disruption will stay, especially disruption that is geopolitical in origin. Political disruption to global supply chains will increase due to intensified competition and tension in international relations.
  • Western multinational companies relying on assembly manufacturing in China will pull production out of China partially. However, China will remain the world’s factory for a decade or so, due to the lack of a competitive substitute, leading to the manufacturing structure of “China + N”. It is worth noting the rapid rise of India as a new manufacturing hub, with the potential to challenge China.
  • Regional value will weigh more in globalisation. To counter supply chain disruption, firms will take on more sourcing suppliers and supplier countries. In the long term, re-shoring, near-shoring, or even “friend-shoring” will be adopted to cut lead times and uncertainty, forming a new era of “geoeconomics fragmentation”.
  • We predict that while the cost efficiency can be hurt during the future supply chain restructuring, this more fragmented form of supply chain globalisation will benefit innovation such as manufacturing modularisation and servitisation, as innovation usually comes from small, creative groups that function as part of a diverse network.

Read more: https://cbk.bschool.cuhk.edu.hk/research-whitepapers/managing-supply-chains-in-the-post-pandemic-new-normal/

Hashtag: #CUHKBusinessSchool

The issuer is solely responsible for the content of this announcement.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Strategic Investment in BioMed by Human Health for Propelling Advancements in Gut Microbiome Based Health Management and Its Medical Application

Strategic Investment in BioMed by Human Health for Propelling Advancements in Gut Microbiome Based Health Management and Its Medical Application

HONG KONG SAR – Media OutReach – 26 June 2023 – In celebration of the World Microbiome Day on 27th June 2023, Human Health Holdings Limited (HKG stock: 1419) (Human Health) is pleased to announce a strategic investment in BioMed Technology Holdings Limited (BioMed) for collaboration in developing on gut microbiome technology based on precision medicine, providing advanced and affordable non-pharmaceutical health management solutions that help people to improve sub health and metabolic syndromes effectively.

Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health (from left, 6th) and Vincent Tsang, co-founder and Chief Executive Officer of BioMed (from right, 3rd) joined hands to promote gut microbiome health management at community level.
Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health (from left, 6th) and Vincent Tsang, co-founder and Chief Executive Officer of BioMed (from right, 3rd) joined hands to promote gut microbiome health management at community level.

Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health said “Upholding a people-centered spirit, Human Health is dedicated to take care of the needs of people at different stages of life. Health cannot be obtained merely by using certain products or services. The shared mission of Human Health and BioMed is to promote scientific measurement and precise treatment, thereby effectively managing health. The concept of microbiome health management based on the brain-gut axis theory is well in line with our holistic, forward-looking approach to physical and mental health. We believe that such collaboration will complement and benefit both parties and will also contribute to the society.”

Mr. Vincent Tsang, Chief Executive Officer of BioMed remarked “Microbiome technology is the key to health which is our core belief. We envisage deeper and wider application of gut microbiome interventions in the medical realm, backed up by more clinical trials. BioMed has been researching gut microbiome, using local data to develop solutions that best fit the need of Hong Kong people. We expect the collaboration between BioMed and Human Health will further promote the popularity of gut microbiome testing. Testing results allow people to gauge their personal needs and thus take precision probiotic supplement when supporting the development of the local microbiome database. It’s conducive to the research and development of products and services with more accurate and effective outcome.”

Multifaceted Collaboration Helping People to Restore Beneficial Bacteria after Taking Antibiotics

Human Health, after the strategic investment in BioMed, immediately launched collaborations on various fronts including co-brand marketing and promotion of gut microbiome products. Going forward, the collaboration between two parties is expected to extend to the Greater Bay Area. In response to the current market demands in Hong Kong, BioMed and Human Health plan to roll out more microbiome-based products that help people to restore the balance of gut flora and alleviate discomfort after taking antibiotics.

BioMed’s first-of-its-kind gut microbiome healthcare centre has already commenced its service at Healthy Square, Human Health’s mega health hub located at Star House in Tsim Sha Tsui, providing one-stop personalised gut health management solutions. The healthcare centre offers on site nutritionist services, including professional health assessment, body mass measurement and health consultation services. PGut probiotic supplements and personalized testing kits and services under the brand of BioMed are also available at the healthcare centre.

Hashtag: #BioMed #盈健醫療集團 #盈健 #生物醫學科技控股


The issuer is solely responsible for the content of this announcement.

Human Health Holdings Limited

Human Health, listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 1419), is one of the largest medical groups in Hong Kong. Having been serving the community since 1997, the Group operates almost 60 medical centres, with more than 1000 professional team and staff. With an aim to “Elevate Your Health Value, Elevate Your Life”, Human Health provides comprehensive medical services network including general practice, specialties, dental, physiotherapy, diagnostics & imaging, day procedure and endoscopy, medical aesthetics, Chinese medicine and wellness services to provide professional and person-centric care medical and wellness services in Hong Kong.

BioMed Technology Holdings Limited

BioMed, a startup nurtured by Hong Kong Science Park, was founded by Mr. Vincent Tsang, Prof Stephen Tsui, Professor and Associate Director (Research), School of Biomedical Sciences, CUHK and Dr Steven Loo, a dermatologist and Clinical Assistant Professor (Honorary) at CUHK’s School of Medicine in 2018. They work on a mission to apply the results of microbiome R&D and technology to addressing health issues induced by dysbiosis.

BioMed has a world-class research team and laboratory. It is dedicated to delivering a three-prone microbiome-based solution, namely knowledge, probiotics supplement with prebiotics and postbiotics and easy-to-use microbiome DNA testing. BioMed advocates precise, personalised and scientifically proven intervention based on testing results, coupled with lifestyle modification to restore and maintain gut microbiome balance for physical and mental health.

BioMed has strong financial backings. It raised funds in its oversubscribed seed round from Alibaba Hong Kong Entrepreneurs Fund (AEF), Gobi Partners GBA and The International Medical Co. Ltd. (TIMC). DSS (NYEX: DSS), a US listed company is also a shareholder of BioMed.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Packages From China Are Surging Into US; Some Say $800 Duty-Free Limit Was Mistake

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Packages From China Are Surging Into US; Some Say $800 Duty-Free Limit Was Mistake


Washington — 

Conservatives anxious to counter America’s leading economic adversary have set their sights on a top trade priority for labor unions and progressives: cracking down on the deluge of duty-free packages coming in from China.

The changing political dynamic could have major ramifications for e-commerce businesses and consumers importing products from China valued at less than $800. It also could add to the growing tensions between the countries.

Under current U.S. law, most imports valued at less than $800 enter duty-free into the United States as long as they are packaged and addressed to individual buyers. It’s referred to as the de minimis rule. Efforts to lower the threshold amount or exclude certain countries altogether from duty-free treatment are set to become a major trade fight in this Congress.

“De minimis has become a proxy for all sorts of anxieties as it relates to China and other trade-related challenges,” said John Drake, a vice president at the U.S. Chamber of Commerce, who argues that the current U.S. law should be preserved.

The rule speeds the pace of commerce and lowers costs for consumers. It also allows U.S. Customs and Border Protection to focus its resources on the bigger-ticket items that generate more tariff revenue for the federal government.

The volume of products coming into the U.S. that benefit from the de minimis rule has soared in recent years. Congress raised the U.S. government’s threshold for expedited, duty-free treatment from $200 to $800 in 2016.

The volume of such imports has since risen from about 220 million packages that year to 771 million in 2021 — with China accounting for about 60%, according to the government — and 685 million last year.

“I think everybody’s got to kind of wrap their head around what kind of mistake this was,” Robert Lighthizer, the former U.S. trade representative during the Trump administration, told a House panel last month. “Nobody dreamt this would ever happen. Now we have packages coming in, 2 million packages a day, almost all from China. We have no idea what’s in them. We don’t really know what the value is.”

Lighthizer urged Congress to get rid of the de minimis rule altogether, or take it to a much lower amount, say $50 or $100. He said foreign companies are taking advantage of the “loophole” and “putting people out of work in stores; they’re putting people out of work in manufacturing.”

Last year, House Democrats pushed to prohibit Chinese-made goods from benefiting from the special treatment for lower-cost goods. That move was part of a larger measure that boosted investments in semiconductor manufacturing and research.

In the rush to get a bill passed before the 2022 elections, the Biden administration and Democratic leaders jettisoned provisions without bipartisan buy-in. The trade provision was opposed by important U.S. business groups and key Republican members of Congress, so it didn’t make the final bill.

Fast forward just a few months and it’s clear the political dynamic has shifted — and quickly.

In its first set of recommendations, a new House committee focused exclusively on China called for legislation that would reduce the threshold for duty-free shipments into the U.S. with a particular focus on “foreign adversaries, including the (People’s Republic of China.)”

The Select Committee on the Chinese Communist Party said that exploiting the $800 threshold may be a major avenue through which Chinese companies selling directly to American consumers can circumvent U.S. law designed to prevent the sale of goods made with forced labor. The committee also said Customs and Border Protection “could not reasonably scrutinize” goods sent under the $800 threshold for forced labor concerns because of the sheer number of products coming in.

The committee is most concerned about retailers Temu and Shein, which ship directly to consumers in the U.S. In a report released Thursday, it said the two companies alone are likely responsible for more than 30% of all de minimis shipments entering the U.S. each day, or nearly 600,000 a day last year.

The committee also has competitiveness concerns. It points out that U.S. retailers such as Gap and H&M paid $700 million and $205 million in import duties, respectively, in 2022. In contrast, virtually all of the goods sold by Temu and Shein are shipped using the de minimis exception in which the importer pays no duty.

Committees with jurisdiction over trade are also signaling a new mindset. Last year, the top Republican on the House Ways and Means Committee, Texas Rep. Kevin Brady, since retired, warned against what he called “hasty changes in reasonable de minimis limits.”

But the Republican now leading the House Ways and Means Committee, Rep. Jason Smith of Missouri, said he wants to “have a lot of…

Read the complete story on VOA News

Unlock the Power of CFDs with Phillip Nova: Learn How to Manage Risk in Volatile Markets

Unlock the Power of CFDs with Phillip Nova: Learn How to Manage Risk in Volatile Markets

Phillip Nova offers over 500 contracts of CFDs on Phillip MetaTrader 5, covering a whole range of asset classes including Global Indices, Equities, Commodities and more.

SINGAPORE – Media OutReach – 26 June 2023 – Contracts for differences (CFDs) are a popular trading instrument that allows traders to speculate on the price movements of various financial assets, including stocks, indices, commodities, and currencies. However, trading in volatile markets can be challenging, as sharp price movements can lead to significant losses. In this article, we’ll explore how CFDs can help traders manage risk in volatile markets and provide tips for successful risk management.

What are CFDs, and how do they work?
CFDs are a type of derivative that allows traders to speculate on the price movements of an underlying asset without actually owning it. Instead, traders enter into a contract with a broker to exchange the difference in price between the opening and closing positions of the contract. CFDs offer several advantages over traditional trading methods, including lower capital requirements, access to leverage, and the ability to short-sell.

Understanding volatility and its impact on trading
Volatility refers to the degree of variation in the price of an asset over a given period. High volatility can create opportunities for traders to profit from significant price movements, but it also comes with increased risk. Traders should be aware of the potential risks of trading in volatile markets, including sudden price fluctuations and increased margin requirements.

How CFDs help traders manage risk
CFDs can help traders manage risk in several ways. First, CFDs allow traders to hedge their positions by taking out contracts in the opposite direction of their existing positions. This can help offset losses and limit risk exposure. Additionally, CFDs offer flexible margin requirements, allowing traders to adjust their position sizes to match their risk tolerance. Finally, CFDs offer a range of risk management tools, including stop-loss orders, which can help limit losses and protect profits.

Tips for managing risk with CFDs
To successfully manage risk with CFDs, traders should focus on developing a solid risk management strategy that includes clear entry and exit points, position sizing, and stop-loss orders. Traders should also be aware of the potential risks associated with trading in volatile markets and adjust their positions accordingly. Finally, traders should always stay up-to-date with market news and events that could impact their trades.

Examples of successful risk management with CFDs
Successful traders often use CFDs to manage risk and maximise profits. For example, a trader might use a CFD to hedge their exposure to a specific asset class, such as stocks or commodities. Additionally, CFDs can be used to implement a range of trading strategies, including trend following, range trading, and mean reversion.

Phillip Nova offers over 500 contracts of CFDs on Phillip MetaTrader 5, covering a whole range of asset classes including Global Indices, Equities, Commodities and more. Integrated with industry renowned tools such as Acuity Signal Centre and Trading Central Market Buzz, Phillip MetaTrader 5 gives traders the best-in-class experience. Additionally, all contracts are tradable at zero commission with no minimum fee or platform fee.

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Hashtag: #PhillipNova #Investment #MT5 #CFD



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About Phillip Nova

Phillip Nova (formerly known as Phillip Futures) was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). We have since grown to become one of the region’s top brokerages for the trading of Stocks, CFD, Forex, global Futures and Commodities. The Group has clearing memberships in 21 global exchanges, including APEX, BMD, CME Group exchanges, DGCX, HKEX, ICDX, ICE Singapore, JPX Group exchanges, NSE, TFEX, TOCOM and SGX Group exchanges.

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Regarding fees and commissions, please visit our website for more information.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series Officially Unveiled

Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series Officially Unveiled

Nearly 150 guests gathered at City of Dreams for the unprecedented Jade Dragon x Yong Fu six-diamond feast

MACAU – Media OutReach – 26 June 2023 – Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series was officially unveiled in an opening ceremony at City of Dreams on June 23, which was officiated by Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office (MGTO); Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment; Ms Wu Wenshu, General Manager of Outbound Travel Business, Meituan Dianping; as well as senior management of Melco including Chief Advisor Dr. Kent Wong; Chief Operating Officer – Macau Resorts Mr. David Sisk; Senior Vice President, Property General Manager of Studio City Mr. Kevin Benning; and Senior Vice President, Property General Manager of Altira Macau & Mocha Clubs Dr. Raymond Lo. The grand launch was then celebrated by Macau’s first-ever six-diamond feast jointly curated by the powerful duo of Jade Dragon from Macau and Yong Fu from Shanghai.

(From left to right) Mr. Kevin Benning, Senior Vice President, Property General Manager of Studio City; Dr. Kent Wong, Chief Advisor of Melco Resorts & Entertainment; Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment; Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office; Ms Wu Wenshu, General Manager of Outbound Travel Business, Meituan Dianping; Mr. David Sisk, Chief Operating Officer – Macau Resorts, Melco Resorts & Entertainment; Dr. Raymond Lo, Senior Vice President, Property General Manager of Altira Macau & Mocha Clubs officiated the kick-off ceremony of Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series at City of Dreams on June 23.
(From left to right) Mr. Kevin Benning, Senior Vice President, Property General Manager of Studio City; Dr. Kent Wong, Chief Advisor of Melco Resorts & Entertainment; Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment; Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office; Ms Wu Wenshu, General Manager of Outbound Travel Business, Meituan Dianping; Mr. David Sisk, Chief Operating Officer – Macau Resorts, Melco Resorts & Entertainment; Dr. Raymond Lo, Senior Vice President, Property General Manager of Altira Macau & Mocha Clubs officiated the kick-off ceremony of Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series at City of Dreams on June 23.

“Since gaining the designation as a UNESCO Creative City of Gastronomy in 2017, Macao has kept organizing and supporting different kinds of activities to steer its sustainable development forward as a Creative City of Gastronomy. MGTO is delighted to witness industry stakeholders’ dedication through preservation, innovation and exchange, exemplified by the array of exquisite feasts jointly prepared by Macao’s signature restaurants and different Black Pearl diamond restaurants from the Mainland. It will be an enchanting symphony of flavors and cultures paired with sublime service for people to experience in Macao,” said Ms. Senna Fernandes in her speech.

“Melco fully supports the Macao SAR government on developing the city as the World Center of Tourism & Leisure. With The Black Pearl Diamond Restaurants Gastronomic Series, Melco will join hands with 10 Black Pearl diamond restaurants, with the collaboration between Jade Dragon and Yong Fu marking Macau’s first-ever six-diamond feast, delivering quality hospitality and world leading dining experience to Macau. Special thanks to Melco’s food & beverage team and the participating chefs. Melco will continue to introduce more innovative and high-quality elements to Macau,” said Mr. Ho in his speech.

The epic debut of the gastronomic series was marked by a harmonious combination of some of the most well-loved signatures from Yong Fu, such as Yong Fu Style Five-Flavor Platter, Yong Style Braised Yoshihama Abalone, and Steamed Line-Caught Rice Fish with Ginger Paste, as well as some newly created off-menu delicacies from Jade Dragon, such as Tossed Sheered Fish Maw with Alaskan King Crab Meat and Truffle, Served with Cordyceps Soup, and Braised Rice with Mozambique Red Shrimp. Close to 150 guests were indulged in the exquisite flavours of authentic Cantonese and Ningbo cuisines in a once-in-a-lifetime gourmet extravaganza at Jade Dragon in the first evening of the two-night event.

With the support of MGTO, Melco Resorts & Entertainment is proud to organize Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series running from now and throughout 2024. The extraordinary series features 10 rounds of exciting crossover collaborations between Melco’s signature restaurants across City of Dreams, Studio City and Altira Macau and the 2023-24 Black Pearl diamond restaurants. The second four-hands dinner will bring together an exclusive Cantonese x Huaiyang menu co-created by Michelin one star Pearl Dragon at Studio City and Black Pearl one diamond Xizhou Hall at Park Hyatt Suzhou from July 15-16. Reservations can be made by calling 8865 6560 or visiting the official event page (www.studiocity-macau.com/en/promotions/a-pearly-feast). Stay tuned for the other upcoming four-hands dinner line-up via www.cityofdreamsmacau.com/en/offer/the-black-pearl-diamond-restaurants-gastronomic-series-2023 .
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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.