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China Expels Former Bank of China Chairman From Communist Party

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China Expels Former Bank of China Chairman From Communist Party

The former chairman of the Bank of China, Liu Liange, has been expelled from the Communist Party of China for illegal activities and accepting bribes.

China’s ruling Communist Party expelled former Bank of China chairman Liu Liange, accusing him of illegal activities and bribery. The Central Commission for Discipline Inspection (CCDI) stated that Liu granted illegal loans and caused financial risks. He was also charged with importing prohibited publications, accepting bribes, and enjoying entertainment at private clubs and ski resorts. Liu, who had been working in various banking and finance institutions, resigned from the Bank of China in March 2021. President Xi Jinping’s anti-corruption campaign has been popular, aiding his consolidation of power and removing rivals.

Source : China Expels Former Bank of China Chairman From Communist Party

Xiao-I Corporation Releases Hua Zang Large Language Model 1.1, Effectively Addressing Pain Points in Industry Applications with Its Support for Multiple Language Scenarios

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

SHANGHAI, CHINA – Media OutReach – 7 October 2023 – Xiao-I Corporation (NASDAQ: AIXI) has launched its independently developed Hua Zang Large Language Model 1.1. This iteration comprehensively enhances support for multilingual application scenarios, further refining its product offering. It is widely regarded within the industry as a solution to address the pain points of some industries encountered in cross-language scenario applications.

As a domestically produced general AI system, positioned as “controllability, customizability, and deliverability,” Hua Zang Large Language Model has achieved notable breakthroughs in delivery costs. The newly released 1.1 version has taken its multilingual support capabilities to the next level, introducing support for two additional languages: English and Japanese. This expansion enables interactive applications in bilingual scenarios, such as encompassing conversations, text generation, translation, and more, significantly broadening its applicability.

Language support has always been a pain point for application promotion in the practical operations of certain cross-border e-commerce enterprises targeting overseas markets. Industry analysts believe that integrating multilingual capabilities in the Hua Zang Large Language Model will effectively assist relevant corporate users in realizing AI-empowered cross-border business implementation, thus expanding the boundaries of its applications.

Furthermore, the new version has also upgraded and strengthened its output control. It has introduced a text risk prediction and control module, enabling intelligent monitoring of the scale and risk of generated content, thus ensuring the safety and controllability of enterprise users’ application processes.

The expansion of language support will facilitate the Hua Zang Large Language Model’s implementation in various vertical domains, while the enhancement of output control provides enterprises with a greater sense of security. This is expected to lead to an expansion in the user base. With the dual driving forces of technological iteration and business application, the Hua Zang Large Language Model is steadily progressing toward its goal as a general AI system, and will accelerate the advancement of AI empowerment across various industries in China.

Hashtag: #HuaZangLargeLanguageModel

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 Network.

Economic outlook Outlook Quarter 3/2023

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Thailand Business News

The SCB EIC has revised down Thailand’s economic growth outlook for 2023 due to weak Q2 performance and export contraction. However, there is potential from private consumption and tourism. Inflation is expected to increase, and the global economy may face fragility from inflation and policy rate hikes. The Thai economy also faces uncertainties from China’s slowdown and severe drought. Government policies, such as a massive stimulus plan, could boost growth but may have long-term fiscal burdens. The SCB EIC proposes long-term policies to enhance competitiveness and sustainable growth.

Abstract

SCB EIC has revised down Thailand’s economic growth outlook for 2023 due to lower-than-expected performance in Q2 and continued export contraction. However, there is still potential from private consumption and the tourism sector, with foreign tourist arrivals projected to reach 30 million people. In 2024, the economy is expected to accelerate to 3.5%, driven by an increase in foreign tourists to 37.7 million, as well as growth in private investment and Thai exports.

Inflation and Policy Rate Hikes

Headline inflation is expected to rise, driven by higher energy and food prices, but should remain within the target range at 1.7% in 2023 and 2% in 2024. The core inflation is projected to stay elevated at 1.4% in 2023 and 1.5% in 2024. SCB EIC anticipates another policy rate hike in September, bringing the rate to 2.5%, to support the economy and maintain financial stability.

Global Economic Outlook

The global economic rebound is expected to be unsynchronized, with global economic growth forecasted to reach 2.4% in 2023 and remain steady in 2024. China’s economy may face a slowdown due to structural challenges, while rising commodity prices could drive global inflation. The US Federal Reserve, European Central Bank, and Bank of England are expected to adjust policy rates accordingly. The People’s Bank of China will continue with monetary easing, while the Bank of Japan may reduce its ultra-loose monetary policy.

Source : Economic outlook Outlook Quarter 3/2023

TAT wins TTG Travel Awards 2023 for Best Travel Marketing Effort

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Thailand Business News

The Tourism Authority of Thailand (TAT) has been recognized for its efforts to promote Thailand’s tourism industry at the 32nd Annual TTG Travel Awards 2023. TAT received the Outstanding Achievement Award for Best Travel Marketing Effort, which was personally selected by TTG’s award-winning editorial team. The award acknowledges TAT’s marketing initiatives, particularly in the wake of the pandemic. The TAT Executive Director of Advertising and Public Relations, Ms. Parichart Boonclai, received the award on behalf of TAT at the awards ceremony held in Bangkok. She expressed gratitude to TTG for the recognition and thanked the TAT staff, stakeholders, and media for their support in the successful marketing initiatives. TAT aims to continue collaborating with them in the future.

The Outstanding Achievement Awards category at the TTG Travel Awards is unique in that it is not decided by voting. Instead, winners are selected by TTG’s editorial team for their significant contributions to the industry. TAT’s recognition highlights their exceptional marketing efforts in promoting Thailand’s tourism, a vital sector in boosting the country’s economy. The award serves as a testament to TAT’s ability to adapt and thrive even in challenging times. Moving forward, TAT remains committed to collaborating with its stakeholders to further enhance Thailand’s position as a top travel destination.

TAT wins TTG Travel Awards 2023 for Best Travel Marketing Effort – Thailand News

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Archer Aviation Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – ACHR

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

New York, New York – Newsfile Corp. – October 6, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Archer Aviation Inc. (NYSE: ACHR) between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”), of the important November 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Archer Aviation securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Archer Aviation relied on heavily edited videos of earlier flights to exaggerate the amount of flight testing it had actually performed and the sophistication of its electric vertical takeoff and landing (“eVTOL”) aircraft; (2) Archer Aviation had misrepresented the nature and profitability of its business partnerships; (3) Archer Aviation was unlikely to secure Federal Aviation Administration (“FAA”) certification in the timeframe it had represented to investors, thereby delaying the start of mass production of its aircraft for commercial sales; (4) accordingly, Archer Aviation had overstated its financial position and/or prospects; (5) all of the foregoing, once revealed, was likely to subject Archer Aviation to significant financial and/or reputational harm; and (6) as a result, Archer Aviation’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Archer Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=18433 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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 Network.

HUBC DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages HUB Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. Investors with Losses to Secure Counsel Before Important October 16 Deadline in Securities Class Action – HUBC, HUBCZ, HUBCW

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

New York, New York – Newsfile Corp. – October 6, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of HUB Cyber Security Ltd. (NASDAQ: HUBC) (NASDAQ: HUBCZ) (NASDAQ: HUBCW) f/k/a Hub Cyber Security (Israel) Ltd. (“Legacy HUB”) pursuant and/or traceable: (a) through Legacy HUB’s merger (the “Merger”) with Mount Rainier Acquisition Corp. (“Mount Rainier”); (b) to the registration statement and proxy statement/prospectus (collectively, the “Offering Documents”) issued in connection with the Merger; and/or traceable to the registration statement and proxy statement/prospectus (collectively, the “Offering Documents”) issued in connection with the Merger; and/or (c) between March 23, 2022 and June 13, 2023, both dates inclusive (the “Class Period”), of the important October 16, 2023 lead plaintiff deadline.

SO WHAT: If you purchased HUB Cyber securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the HUB Cyber class action, go to https://rosenlegal.com/submit-form/?case_id=18848 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 16, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Offering Documents and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) private investment in public equity (“PIPE”) financing in connection with the Merger was not committed; (2) HUB would not be led by Legacy HUB’s then-current management team, including Defendant Eyal Moshe (the Company’s founder and previous Chief Executive Officer); (3) the Company had downplayed the full scope and severity of deficiencies in its compliance controls and procedures, including its disclosure controls and procedures and internal controls over financial reporting; (4) the Company overstated its remediation of, and/or ability to remediate, the foregoing deficiencies; (5) accordingly, the Company had hundreds of thousands of dollars of unexplained expenses incurred, and/or funds misappropriated or otherwise fraudulently obtained, by a senior officer of the Company; (6) the foregoing increased the risk that the Company would be unable to timely file one or more of its periodic financial reports with the U.S. Securities and Exchange Commission (“SEC”), as required by the NASDAQ’s listing rules; (7) as a result, the Company was also at an increased risk of being delisted from the NASDAQ; (8) all the foregoing, once revealed, was likely to negatively impact the Company’s business, financial results, and reputation; and (9) as a result, the Offering Documents and defendants’ public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the HUB Cyber class action, go to https://rosenlegal.com/submit-form/?case_id=18848 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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

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Source link

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 Network.

ROSEN, A LEADING LAW FIRM, Encourages CS Disco, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – LAW

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

New York, New York – Newsfile Corp. – October 6, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of CS Disco, Inc. (NYSE: LAW) between July 21, 2021 and August 11, 2022, both dates inclusive (the “Class Period”), of the important November 20, 2023 lead plaintiff deadline.

SO WHAT: If you purchased CS Disco common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the CS Disco class action, go to https://rosenlegal.com/submit-form/?case_id=19221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, “CS Disco repeatedly touted strong growth in its revenues attributable to customer usage of its cloud-based electronic discovery platform and asserted that it had good advance visibility into changes in the demand from individual customers over time.” The lawsuit also alleges that “[w]hile the Company also acknowledged that its rapid revenue growth was ‘usage driven’ and may be subject to volatility, it did not inform investors during the Class Period that it had any indication of significant headwinds to its growth.” When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the CS Disco class action, go to https://rosenlegal.com/submit-form/?case_id=19221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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

https://platform.twitter.com/widgets.js

Source link

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 Network.

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Enviva Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – EVA

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

New York, New York – Newsfile Corp. – October 6, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Enviva Inc. (NYSE: EVA) between November 3, 2022 and May 3, 2023, both dates inclusive (the “Class Period”), of the important November 13, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Enviva common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Enviva class action, go to https://rosenlegal.com/submit-form/?case_id=19071 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 13, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: The lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material information about the financial condition of Enviva, including its earnings before interest, taxes, depreciation, and amortization and net loss forecasts, liquidity position, capital allocations, operation costs, productivity, and the impact of these metrics on Enviva’s ability to continue paying dividends in 2023. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Enviva class action, go to https://rosenlegal.com/submit-form/?case_id=19071 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

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

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Source link

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 Network.