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HONG KONG, June 11, 2025 /PRNewswire/ -- At Huawei Network Summit 2025 (Asia Pacific), Huawei unveiled fully-upgraded Xinghe Intelligent Network products and solutions for the Asia Pacific region, and released the Technical Requirements for Financial Data Center Networks with the Network Innovation and Development Alliance (NIDA). All of these announcements will inject new vitality into digital and intelligent development in Asia Pacific. Launching all-new Xinghe Intelligent Network products and solutions In the opening speech, Spawn Fan, President of Huawei's Asia Pacific Enterprise Sales Department, pointed out that AI development has far exceeded expectations, with record-breaking growth in AI users and adoption rates. Huawei responds to this by leveraging its unique full-stack capabilities and collaborating with partners to help customers in all industries build advanced infrastructure for the AI era. Mr. Sword Cheng, Vice President of Huawei's Data Communication Product Line, said in the speech that global industries are actively promoting the convergence of AI and network technologies. However, most solutions are still in the early stages of "network management + AI". As such, only end-to-end AI-powered networks are viable solutions in the AI era. Huawei's Xinghe Intelligent Network Solution is ideal for AI-powered networks through innovations in diverse domains. Xinghe Intelligent Campus leverages Wi-Fi Channel State Information (CSI) sensing technology to detect intrusions and identify unauthorized cameras in seconds through Wi-Fi signals, ensuring campus space security and privacy protection. Xinghe Intelligent Fabric provides intelligent assurance for general-purpose computing and intelligent computing scenarios. Xinghe Intelligent WAN employs an AI latency compensation algorithm to reduce the two-way latency variation to 3 μs, which is a 20-fold improvement over SDH networks. It also draws on AI algorithms to achieve a 95% identification rate of encrypted traffic, helping Internet Service Providers (ISPs) reduce latency by more than 65% and increase revenue by 20%. Xinghe Intelligent Network Security builds on an AI detection engine to achieve a 95% unknown malware identification rate. It also leverages a high-performance graph database to trace up to 100 hops back to the source. All of these help detect threats at a high accuracy and prevent virus spread. Huawei also announced a full lineup of all-new Xinghe Intelligent Network products and solutions for Asia Pacific. Examples include the industry's first 5-radio Wi-Fi 7 AP, unique "3S (spanning, stable, and secure)" StarryLink optical modules, the industry's highest-density 400GE full-service router, and differentiated solutions across industries. Huawei and NIDA jointly released the Technical Requirements for Financial Data Center Networks, which systematically defines key technical indicators of financial data center networks for the first time, serving as an industry-recognized network construction guide for financial institutions. Looking ahead, Huawei will further deepen AI-powered Xinghe Intelligent Network innovation and collaborate with Asia-Pacific customers across industries to accelerate intelligent transformation, explore new use cases, and stride to the digital and intelligent future together.
Lewis Center, OH - June 05, 2025 - (SeaPRwire) - Office Logix Shop, a leading provider of refurbished office furniture and ergonomic accessories, is expanding its offerings in sustainable office solutions. Customer demand for environmentally conscious and cost-effective office furniture options drives this expansion. Office Logix Shop has become a market leader in high-quality refurbished chairs and custom ergonomic accessories. Their product line includes patented headrests for popular models such as the Herman Miller Aeron and Steelcase Leap V2. Its focus on sustainability aligns with current trends in the office furniture industry, where companies prioritize eco-friendly practices. The company refurbishes premium office chairs, which reduces waste and supports the circular economy by extending the lifecycle of existing furniture. This method resonates with businesses seeking to minimize their environmental footprint while maintaining high standards of comfort and productivity in the workplace. Sustainable Practices in Office Furniture The refurbished office furniture sector grew substantially in 2024, with analysts projecting a 15% annual rise. Businesses adopt more sustainable and budget-friendly solutions, reflecting a shift in corporate culture toward environmental responsibility and financial prudence. Office Logix Shop leads this movement, offering meticulously refurbished chairs that go through a thorough 9-point inspection process to maintain quality and comfort. "Our focus on sustainability goes beyond reducing waste. Our high-quality, ergonomic solutions enhance workspaces and preserve the environment," said Obada Mzaik, co-founder and COO of the company. "We have observed a marked uptick in demand for refurbished office chairs, driven by both cost considerations and sustainability goals." Advanced Ergonomic Solutions Office Logix Shop's product line includes ergonomic headrests designed for popular chair models, which European markets praise for their workplace comfort and productivity improvements. The company crafts its headrests with adjustable mechanisms and premium materials for seamless integration with existing office chairs. This method enables businesses to upgrade their furniture without complete replacements, aligning with European sustainability initiatives. The company has developed various ergonomic accessories alongside its refurbished chairs, including the newly launched Steelcase Leap V2 Headrest. Customer demand sparked the creation of this product, which enhances the Leap V2 chair's design with superior ergonomics and adjustability. CEO Kamal Haykal noted that this development matches the impact of the chair's major redesign. Office Logix Shop goes beyond just refurbishing chairs and creating ergonomic headrests. Their commitment to sustainability extends to providing replacement parts for many high-end chairs. Instead of discarding a chair over a minor issue, Office Logix Shop sources a wide range of replacement parts to help users restore their chairs to perfect working conditions. Recognizing that not everyone has the technical know-how, they offer a comprehensive library of step-by-step video guides on their YouTube channel, making repairs easy even for those with no prior experience. The office furniture market evolves continuously, and sustainability remains paramount. Office design trends in 2024 highlight the value of green practices, including recycled materials and energy-efficient technologies. Office Logix Shop's sustainability work aligns with these trends. Its work offers businesses a path to enhance their environmental credentials while maintaining high standards of comfort and productivity. "Our mission makes quality ergonomic office furniture accessible while promoting sustainable practices. We believe that our method benefits our customers and contributes to a more environmentally conscious future for the office furniture industry," Obada Mzaik emphasized. Visit Office Logix Shop Website to learn more about their sustainable office solutions. About Office Logix Shop Office Logix Shop provides refurbished office furniture and ergonomic accessories. Obada Mzaik and Kamal Haykal founded the company in 2015, and it has grown from a garage operation to a full-scale business with a 60,000-square-foot warehouse in Lewis Center, OH. Office Logix Shop specializes in premium brands like Herman Miller and Steelcase, offering high-quality refurbished chairs, custom ergonomic accessories, and replacement parts designed for superior comfort and sustainability. Contact Information Brand: Office Logix Shop Contact: Obada Mzaik, Co-Founder Email: info@officelogixshop.com Website: https://www.officelogixshop.com
SEOUL, South Korea, June 2, 2025 /PRNewswire/ -- Hyundai Capital Services announced today that its Australian subsidiary Hyundai Capital Australia Pty. Ltd. ("HCAU" or the "Company") launched Kia Finance and has commenced offering finance solutions for Kia customers in Australia. Last year, HCAU commenced operations in the Australian market with the launch of Genesis Finance in October, followed by Hyundai Finance in November. With the introductions of Kia Finance, HCAU now delivers comprehensive automotive finance across all three Hyundai Motor Group brands – Hyundai, Genesis, and Kia. The company is committed to supporting vehicle sales through a broad range of business initiatives, offering tailored financial solutions such as retail finance for personal and business customers, alongside stable and reliable commercial funding for dealer partners. A key offering from HCAU is the Guaranteed Future Value* (GFV) product, designed to make vehicle ownership more accessible through lower monthly repayments. HCAU secures the minimum resale value of the vehicle upfront, allowing the customer to defer this amount and make repayments based only on the balance. At the end of the loan term, customers have the flexibility to choose from the following options: 1. Trade-in: the vehicle's value is used towards paying out the loan. If the trade-in value is higher than the GFV, the positive equity can be used towards a new vehicle. 2. Keep: pay the GFV amount to own the vehicle outright. 3. Return: return the vehicle with no further payments, provided the customer is not in default and the vehicle meets the agreed kilometre and fair wear and tear conditions. Furthermore, HCAU offers competitive interest rates to customers, leveraging the strong global credit rating of the Hyundai Motor Group. In March, the Company received an initial credit rating of 'A-' with a stable outlook from S&P Global Ratings ("S&P"), a notable achievement for a relatively new entrant to the market. This rating strengthens HCAU's funding capacity in Australia, enabling it to continue delivering highly competitive interest rates to customers while supporting sustainable growth. "With the launch of Kia Finance, HCAU is now able to offer a comprehensive range of automotive finance solutions for all Hyundai Motor Group vehicles in Australia," said Donglim Shin, Chief Executive Officer of HCAU. He added, "HCAU will actively engage in a wide range of customer-centric marketing initiatives in partnership with Kia, Hyundai Motor and Genesis to ensure more customers can enjoy an exceptional ownership experience through our flexible finance options. *The Guaranteed Future Value (GFV) is the minimum future value of your in-stock new or approved demo Hyundai, Genesis or Kia set out in your contract. At the end of the term, you can sell your car to us, and we will pay the GFV which will be put against your final payment, provided you're not in default under your contract and subject to fair wear and tear requirements and agreed kilometres being met. Finance is for approved applicants only. Terms, conditions, fees, charges and lending criteria applies. Hyundai Capital Australia Pty Ltd (ABN 42 611 226 316), Australian Credit Licence 554051.
SINGAPORE, May 28, 2025 /PRNewswire/ -- HTX Research, the research arm of HTX, has just released a crucial new report: "The New Macroeconomic Landscape and Bitcoin Outlook: An Analysis of Liquidity, Risk Appetite, Policy Dynamics, and Investment Strategy." This comprehensive analysis comes at a pivotal time, as the global macroeconomic landscape undergoes profound shifts and the cryptocurrency market, especially Bitcoin's price movements, becomes increasingly influenced by this complex backdrop. The report offers investors valuable insights, a clear market outlook, and strategic investment guidance on how evolving macroeconomic conditions are shaping the Bitcoin market. Bitcoin Outlook in the Macro Environment: Liquidity & Market Risk Appetite The current global macro environment is complex. A combination of factors, including cooling expectations for Fed rate cuts, ongoing quantitative tightening (QT), the replenishment of the U.S. Treasury General Account (TGA), and anticipated rate hikes by the Bank of Japan, are collectively contributing to tighter short-term liquidity. Over the medium term (3–12 months), liquidity is expected to gradually improve. However, uncertainty surrounding market risk appetite presents both opportunities and challenges for the Bitcoin market. Policy Tug-of-War Signals Crypto-Friendly Shifts: A Loosening Grip on Stablecoin Regulation? The ongoing policy debate is having a significant impact on the crypto market. In a notable development, Hong Kong's Legislative Council has passed the Stablecoin Bill, which establishes a comprehensive licensing regime for fiat-backed stablecoin issuers in Hong Kong. This legislation further refines the regulatory framework for virtual asset activities within the region, aiming to foster financial stability and consumer protection. The more profound and complex policy impacts are unfolding in the United States. The Trump administration's "Big Beautiful Tax Plan", aimed at reducing taxes by $5 trillion over the next decade, has boosted market sentiment in the short term. However, the growing fiscal deficit and debt ceiling issues could spark liquidity volatility. Regarding regulation, the U.S. Senate is making progress on stablecoin legislation. The GENIUS Act seeks to establish a standardized framework for the stablecoin market, mandating backing by 100% high-quality asset reserves. Negotiations have reportedly reached a consensus on approximately 90% of the terms, signaling a strong bipartisan push for regulatory clarity in this critical sector. Additionally, the accelerated exploration of tokenized U.S. equities is noteworthy, with the U.S. SEC is actively researching and evaluating this space, while major financial institutions (e.g., JPMorgan) are strategically positioning themselves in this emerging field. Furthermore, U.S. federal and state initiatives to legislate "strategic Bitcoin reserves," such as New Hampshire's H.B. 302 bill, are further elevating Bitcoin's strategic importance and providing policy support for increased institutional participation. These developments collectively indicate a growing recognition and integration of digital assets within traditional financial and governmental structures. HTX Lists USD1 and Other Compliant Stablecoins, Introduces Zero-Fee Conversion With global policy easing on the horizon and a growing push for regulatory clarity, stablecoins are increasingly solidifying their role as the foundation of liquidity and value pegs within the crypto market. Recognizing this pivotal opportunity, HTX has recently launched a range of compliant stablecoins, including USD1 (World Liberty Financial USD), USDQ (Quantoz), EURQ (Quantoz), USDR (StablR), EURR (StablR),and AETHUSDT (Aave Ethereum USDT). This expansion is designed to meet diverse user investment preferences and boost capital efficiency. To celebrate the launch of USD1 and reduce barriers to user participation, HTX is offering a special zero-fee conversion service. From now until December 31, 2025, at 15:59 (UTC), users can trade the USD1/USDT spot pair with no trading fees. This initiative ensures users incur no additional costs during conversion, thereby maximizing their capital utilization. The report concludes that the Bitcoin market may encounter liquidity pressures and volatility risks in the short term. However, the medium to long term holds significant potential for a rebound. This optimistic outlook is largely supported by clearer regulatory policies and growing institutional adoption. HTX will continue to closely monitor market and regulatory trends to help users seize opportunities and achieve steady growth in the complex and evolving crypto landscape. For the full report, please visit: https://square.htx.com/htx-research About HTX Research HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics.
The new cloud services expansion delivers improved performance, enhanced residency options, and flexibility for businesses across the APJ region SYDNEY, April 10, 2025 /PRNewswire/ -- SolarWinds (NYSE:SWI), a leading provider of simple, powerful, secure observability and IT management software, today announced the launch of its new Software-as-a-Service (SaaS) data center in Sydney, Australia. The new Sydney-based data center brings SolarWinds cloud observability solutions closer to customers across the APJ region, providing low latency, improved responsiveness, and offering customers a choice of local data storage. This addition complements existing data centers in the Americas and Europe, helping ensure a comprehensive global infrastructure that enhances service delivery and reliability for clients around the world. By expanding its regional infrastructure, SolarWinds aims to better support customers' evolving cloud strategies and digital transformation goals and give businesses the ability to choose from multiple cloud regions to optimize performance and help ensure business continuity. "We're hearing a growing number of customers seeking solutions that help them meet evolving data regulatory requirements without compromising performance," said Bharat Bedi, Vice President, APJ at SolarWinds. "With the launch of our new Sydney data center, we're bringing our cloud services closer to local customers, giving them greater control over where their data resides, all while helping ensure top-tier performance." This expansion further reinforces SolarWinds as a trusted provider of SaaS solutions in the APJ market. As businesses increasingly prioritize cloud adoption, SolarWinds continues to invest in scalable, secure infrastructure that enables innovation and long-term growth. Connect with SolarWinds THWACK® Facebook® LinkedIn® Instagram® Threads® YouTube® #SWIcorporate#SWIproducts#SWI About SolarWinds SolarWinds (NYSE: SWI) is a leading provider of simple, powerful, secure observability and IT management software built to enable customers to accelerate their digital transformation. Our solutions provide organizations worldwide—regardless of type, size, or complexity—with a comprehensive and unified view of today's modern, distributed, and hybrid network environments. We continuously engage with IT service and operations professionals, DevOps and SecOps professionals, and database administrators (DBAs) to understand the challenges they face in maintaining high-performing and highly available hybrid IT infrastructures, applications, and environments. The insights we gain from them, in places like our THWACK community, allow us to address customers' needs now and in the future. Our focus on the user and our commitment to excellence in end-to-end hybrid IT management have established SolarWinds as a worldwide leader in solutions for observability, IT service management, application performance, and database management. Learn more today at www.solarwinds.com. The SolarWinds, SolarWinds & Design, Orion, and THWACK trademarks are the exclusive property of SolarWinds Worldwide, LLC or its affiliates, are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other SolarWinds trademarks, service marks, and logos may be common law marks or are registered or pending registration. All other trademarks mentioned herein are used for identification purposes only and are trademarks of (and may be registered trademarks of) their respective companies. © 2025 SolarWinds Worldwide, LLC. All rights reserved. MEDIA CONTACTS:Sophie PayneArchetype Australiasophie.payne@archetype.co +61 410 899 284 Evelyn SeegerSolarWindspr@solarwinds.com
lyf one-north Singapore joins Citadines Balestier Singapore, Citadines Raffles Place Singapore, and Oakwood Studios Singapore as the latest pet-friendly accommodation, offering exciting pet-related activities for guests.SINGAPORE - Media OutReach Newswire - 1 April 2025 - The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI) is expanding its pet-friendly portfolio in Singapore with the addition of lyf one-north Singapore, offering a welcoming space for guests travelling with their furry companions. In line with Ascott’s commitment to enhancing guest experiences, the property will introduce a range of pet-centric activities, further solidifying its position as a hospitality leader catering to diverse lifestyle needs. Beyond being a pet-friendly accommodation, lyf one-north Singapore will host a variety of engaging activities for pet lovers, including pet adoption drives, yoga sessions for dogs and cats, pet treat workshops, and pet obedience training sessions. These initiatives underscore Ascott’s dedication to creating a holistic environment where both guests and their pets feel comfortable and at home. “We know that for many of our guests, pets aren't just animals; they are beloved members of the family,” said Ms. Judy Wong, Country General Manager, Singapore Operations, Ascott. “At our pet-friendly properties, we warmly welcome you into a space where both you and your fur-kids can find comfort and care together. With our pet-friendly properties strategically located in or near the city centre, the introduction of lyf one-north Singapore in the west offers another wonderful home away from home that perfectly suits your family’s lifestyle. Here, both you and your cherished pets can create lasting memories together.” lyf one-north Singapore: A Vibrant Social Living Hub Nestled in Nepal Hill, lyf one-north Singapore embodies experience-led co-living with 324 apartment units catering to mid- and long-term stays. The property is situated within the dynamic one-north district, home to major corporations, start-ups, and creative communities. With its prime location opposite one-north MRT station and just a 30-minute ride from the Central Business District, it is tailored for digital nomads, technopreneurs, creatives, and self-starters. The property’s seamless integration into one-north’s thriving ecosystem provides guests with convenient access to an array of recreational, retail, and dining options, including pet-friendly establishments. With pedestrian pathways, cycling tracks, and Personal Mobility Device (PMD) access paths, exploring the area is easy and enjoyable for both guests and their pets. Explore Ascott’s Pet-Friendly Portfolio Ascott continues to strengthen its pet-friendly hospitality offerings, with properties such as Citadines Balestier Singapore, Citadines Raffles Place Singapore, and Oakwood Studios Singapore. Each property provides tailored experiences for pet owners and their furry companions, ensuring an enjoyable and memorable stay. Ascott Star Rewards: Exclusive Perks for Members Ascott Star Rewards (ASR) members staying with pets will receive a special welcome kit, making their experience even more delightful. Guests can sign up for a complimentary ASR membership to enjoy exclusive year-round benefits. For more information, visit: https://www.discoverasr.com/en/singapore Entrepôt: A Pet-Friendly Culinary Experience For guests looking to dine with their pets, Entrepôt at The Robertson House by The Crest Collection offers an inviting pet-friendly experience. Whether enjoying a weekday set lunch, Social Hour evenings, or the weekend Steak Buffet, guests can bring their pets to the alfresco dining area for a relaxed meal together. “At Entrepôt, we believe dining should be an inclusive experience for both our guests and their pets,” said Nixon Low, Director of Culinary & Beverage Operations at The Robertson House by The Crest Collection. “We are excited to extend our warm hospitality to our guests and their four-legged companions.” For more information and reservations, please visit: www.entrepot.sg. Hashtag: #AscottThe issuer is solely responsible for the content of this announcement.About The Ascott LimitedThe Ascott Limited (Ascott) is driven by a vision to be the preferred hospitality company, enriching global living with heartfelt experiences. With a portfolio of over 980 properties across more than 230 cities in over 40 countries, Ascott's presence spans Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA. Its diverse collection of award-winning brands includes Ascott, Citadines, lyf, Oakwood, Somerset, The Crest Collection, The Unlimited Collection, Fox, Harris, POP!, Preference, Quest, Vertu and Yello. Ascott specialises in managing and franchising a wide range of lodging options, including serviced residences, hotels, resorts, social living properties and branded residences, catering to the varying needs and preferences of global travellers. Through the Ascott Star Rewards (ASR) loyalty programme, members enjoy exclusive privileges and curated experiences, enhancing every aspect of their travel journey. As a wholly owned business unit of CapitaLand Investment Limited, Ascott generates fee-related earnings by leveraging its expertise in both lodging management and investment management. It also drives the expansion of funds under management by growing its sponsored CapitaLand Ascott Trust and private funds. For more information on Ascott and its sustainability programme, please visit www.discoverasr.com/the-ascott-limited. Alternatively, connect with Ascott on Facebook, Instagram, TikTok and LinkedIn. About CapitaLand Investment Limited(www.capitalandinvest.com) Headquartered and listed in Singapore in 2021, CapitaLand Investment Limited (CLI) is a leading global real asset manager with a strong Asia foothold. As at 31 December 2024, CLI had S$136 billion of assets under management, as well as S$117 billion of funds under management held via stakes in seven listed real estate investment trusts and business trusts and a suite of private real asset vehicles that invest in demographics, disruption and digitalisation-themed strategies. Its diversified real asset classes include retail, office, lodging, industrial, logistics, business parks, wellness, self-storage, data centres, private credit and special opportunities. CLI aims to scale its fund management, lodging management and commercial management businesses globally and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand Group's development arm. In 2025, CapitaLand Group celebrates 25 years of excellence in real estate and continues to innovate and shape the industry. As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero carbon emissions for Scope 1 and 2 by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.
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