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	<title>Asia Insider &#8211; Asia Insider</title>
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		<title>Tamchy SFIT Named Asia-Pacific’s Top Rising Star in fDi’s Global Free Zones of the Year Awards 2026</title>
		<link>https://asiainsiders.net/tamchy-sfit-named-asia-pacifics-top-rising-star-in-fdis-global-free-zones-of-the-year-awards-2026/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 12:12:47 +0000</pubDate>
				<category><![CDATA[World]]></category>
		<guid isPermaLink="false">https://asiainsiders.net/tamchy-sfit-named-asia-pacifics-top-rising-star-in-fdis-global-free-zones-of-the-year-awards-2026</guid>

					<description><![CDATA[Financial Times’ fDi Intelligence ranks Kyrgyzstan’s new financial jurisdiction second worldwide among newly established free&#8230;]]></description>
										<content:encoded><![CDATA[<p>Financial Times’ fDi Intelligence ranks Kyrgyzstan’s new financial jurisdiction second worldwide among newly established free zones</p>
<p>Issyk-Kul, Kyrgyzstan – <a href="https://www.tamchysfit.com/">Tamchy</a> Special Financial Investment Territory (SFIT) has ranked first in Asia-Pacific and second globally in the Rising Star category of fDi Intelligence’s <a href="https://www.fdiintelligence.com/content/b66147e9-3e9f-4bd3-a48c-14c20afe6168">Global Free Zones of the Year Awards 2026</a>, becoming the first financial hub from Central Asia to win.</p>
<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-47433" src="https://asiainsiders.net/wp-content/uploads/2026/10/II.Secondary-image.jpeg" alt="" width="980" height="602" srcset="https://asiainsiders.net/wp-content/uploads/2026/10/II.Secondary-image.jpeg 980w, https://asiainsiders.net/wp-content/uploads/2026/10/II.Secondary-image-300x184.jpeg 300w, https://asiainsiders.net/wp-content/uploads/2026/10/II.Secondary-image-768x472.jpeg 768w" sizes="(max-width: 980px) 100vw, 980px" /></p>
<p>The judging panel highly praised Tamchy SFIT’s long-term strategy for attracting residents across its priority sectors. The judges also highlighted the jurisdiction’s extensive package of business incentives, including a zero corporate income tax rate for 49 years and unrestricted profit repatriation.</p>
<p>fDi Intelligence is the Financial Times’ specialist division for foreign direct investment (FDI). Its annual Global Free Zones of the Year Awards benchmark free zones around the world across a number of key categories.</p>
<p>The Rising Star category, in particular, recognises the strongest newly established zones, judged on their potential, early evidence of investor interest and the strategic advantages they offer investors.</p>
<p>Ayaz Baetov, First Deputy Chairman of Tamchy SFIT’s Management Council, welcomed the recognition as a significant milestone for the project.</p>
<p>“Being ranked first in Asia-Pacific and second globally so early in Tamchy SFIT’s development is an important international endorsement of our vision. We are creating a next-generation financial jurisdiction that combines the certainty of established international legal practices with the speed, flexibility and digital infrastructure that global businesses increasingly expect”, Baetov said.</p>
<p>Established by law in July 2025, Tamchy SFIT was formally inaugurated by Kyrgyz President Sadyr Japarov on 3 July 2026, less than a year later. Built from the ground up, the jurisdiction operates on the principles of English common law, with its own financial regulator, an International Dispute Resolution Centre and a single-window digital registrar. A special tax regime guarantees a 0% rate on profits, dividends, capital gains and VAT for 49 years, and allows 100% foreign ownership. The model is designed to accommodate a wide range of businesses, from funds, family offices and holding companies to international trading firms, fintech businesses and other innovation-driven enterprises.</p>
<p>The 6,000-hectare territory on the shores of Lake Issyk-Kul is being developed as an integrated ecosystem that brings together business, living and wellness. A Grade A business centre is already operational, offering modern office spaces and meeting facilities. Issyk-Kul International Airport is within walking distance of the business district. Five more buildings, including a second business centre for residents and two office buildings, are expected to be completed by the end of 2026.</p>
<p>The first residents that registered at Tamchy SFIT at its launch included companies from Switzerland, South Korea, Hong Kong, Kazakhstan and the United Arab Emirates. More than 30 further companies are currently completing registration, fully benefitting from the digital one-stop-shop system.</p>
<p><strong>Contact</strong>:</p>
<p>Azat Asambayev, Tamchy SFIT Press Office Representative</p>
<p>tamchysfit.com</p>
<p>+ 996 (224) 111116</p>
<p>press@tamchysfit.com</p>
<p><strong>About Tamchy SFIT</strong></p>
<p>Tamchy Special Financial Investment Territory (SFIT) is a new international financial jurisdiction on the shores of Lake Issyk-Kul in the Kyrgyz Republic, inaugurated in July 2026. Built on the principles of English common law, with its own financial regulator, an independent court and a digital one-stop shop, it offers a special tax regime for 49 years and 100% foreign ownership. Positioned at the intersection of the five EAEU economies and the Eurasian corridor, Tamchy SFIT aims to host around 4,000 resident companies and create more than 10,000 jobs by 2035.</p>
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		<title>STS Digital Named North America&#8217;s Best Digital Assets Trading Platform/Venue by Euromoney</title>
		<link>https://asiainsiders.net/sts-digital-named-north-americas-best-digital-assets-trading-platform-venue-by-euromoney/</link>
					<comments>https://asiainsiders.net/sts-digital-named-north-americas-best-digital-assets-trading-platform-venue-by-euromoney/#respond</comments>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 10:00:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<guid isPermaLink="false">https://asiainsiders.net/sts-digital-named-north-americas-best-digital-assets-trading-platform-venue-by-euromoney</guid>

					<description><![CDATA[ Latest recognition reinforces STS Digital's position in institutional digital asset trading, following a series of industry award wins and significant product developmentsHamilton, Bermuda, Oct. 16, 2026 (GLOBE NEWSWIRE) -- STS Digital, a Bermuda Monetary Authority regulated principal trading firm specialised in institutional digital asset derivatives and structured products, has been named North America's Best Digital Assets Trading Platform/Venue by Euromoney, recognising the firm's continued development of institutional-grade digital asset trading infrastructure.  The award marks another significant milestone for STS...]]></description>
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<p><em>Latest recognition reinforces STS Digital&#8217;s position in institutional digital asset trading, following a series of industry award wins and significant product developments</em></p>
<p>Hamilton, Bermuda, Oct. 16, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> &#8212; <strong>STS Digital, a Bermuda Monetary Authority regulated principal trading firm specialised in institutional digital asset derivatives and structured products, has been named North America&#8217;s Best Digital Assets Trading Platform/Venue by Euromoney, recognising the firm&#8217;s continued development of institutional-grade digital asset trading infrastructure.</strong></p>
<p><strong><img decoding="async" alt="" height="244" src="https://ml.globenewswire.com/Resource/Download/3aede900-e4e7-4eae-b935-4c43498ed2d1/final-euromoney.png" width="492" data-dpi="96" data-filename="Final Euromoney.png" /><br /></strong></p>
<p>The award marks another significant milestone for STS Digital, following a series of industry recognitions over the past year, including its recent Digital Asset Provider of the Year award from FOW.</p>
<p>The Euromoney recognition comes as STS Digital continues to expand its institutional trading capabilities, combining deep liquidity, exotic and vanilla options and structured products with capital-efficient trading solutions and robust risk management.</p>
<p>Over the past year, STS Digital has introduced several major initiatives designed to address the evolving requirements of institutional market participants. These include a strategic partnership with Clear Street, the introduction of cross-asset portfolio margin across eligible spot, options and structured product positions, and the launch of its Quantitative Investment Strategies (QIS) platform, including its inaugural strategy, Smart Bitcoin.</p>
<p>Together, these developments demonstrate the firm&#8217;s commitment to providing institutions with a comprehensive trading ecosystem capable of supporting increasingly sophisticated digital asset strategies.</p>
<p>&#8220;Being recognised by Euromoney as North America&#8217;s Best Digital Assets Trading Platform/Venue is an important achievement for STS Digital and reflects the progress we have made in building institutional-grade trading infrastructure. Institutional participants are demanding greater sophistication, deeper liquidity and more efficient ways to manage their digital asset exposure. Our focus has been on delivering those capabilities through a unified platform that combines execution, derivatives, structured products and risk management. This award is a testament to the dedication of our team and the trust our clients place in us.&#8221; &#8211; <strong>Maxime Seiler, Co-Founder and Chief Executive Officer of STS Digital. </strong></p>
<p><b>Expanding Institutional Trading Capabilities</b></p>
<p>STS Digital provides institutional and professional clients with access to more than 400 digital assets across spot markets, vanilla and exotic options, and structured products, through a unified platform spanning UI, API and voice trading channels.</p>
<p>Operating as a principal counterparty, the firm provides institutional and professional clients with a single credit relationship and access to liquidity across its product suite, helping simplify institutional trading operations and counterparty risk management.</p>
<p>In August 2026, STS Digital introduced a cross-asset portfolio margin for eligible institutional clients following completion of the Bermuda Monetary Authority&#8217;s material-change process. The framework enables eligible positions and collateral across spot, options and structured products to be assessed within a unified risk framework, supporting improved capital efficiency while maintaining rigorous risk controls.</p>
<p>The company has also continued to strengthen its institutional market infrastructure through strategic relationships with Clear Street and BitGo, enhancing connectivity across trading, liquidity, custody and settlement.</p>
<p>In parallel, STS Digital launched its Quantitative Investment Strategies platform, providing professional and institutional clients with access to rules-based, systematically executed  bilateral OTC strategies.. Its inaugural strategy, Smart Bitcoin, is designed to provide systematically executed bitcoin exposure through a defined volatility framework.</p>
<p>&#8220;Digital asset markets are entering a new phase of institutional development, where the quality of trading infrastructure is becoming just as important as access to liquidity. Institutions increasingly expect the same level of sophistication, capital efficiency, and risk management that they have come to rely on in traditional financial markets. We believe our continued investment in derivatives, structured products and integrated trading solutions positions STS Digital to meet those expectations as the market evolves.&#8221;- <strong>Gideon Hyams, Co-Founder and Chairman of STS Digital</strong></p>
<p><b>Continued Industry Recognition</b></p>
<p>The Euromoney award adds to a growing list of industry accolades for STS Digital, reflecting the firm&#8217;s continued investment in institutional digital asset markets.</p>
<p>Most recently, STS Digital was named Digital Asset Provider of the Year by FOW, following three previous industry awards in less than one year. The firm has also been recognised for Best Derivatives Trading Solution at the TradingTech Insight Awards USA 2026 and received the Marketing Innovation (Asia) award at the inaugural WealthBriefing Innovation in Marketing Awards.</p>
<p>These recognitions reflect the breadth of STS Digital&#8217;s capabilities, spanning derivatives trading, institutional liquidity, structured products solutions and market infrastructure. For STS Digital, the latest award represents further validation of its strategy to bridge the gap between traditional financial market infrastructure and the evolving digital asset ecosystem.</p>
<p><b>About STS Digital</b></p>
<p>STS Digital Ltd. is a regulated principal trading firm specialising in digital asset derivatives and structured products, providing institutional-grade market access to professional clients and financial institutions. Clients can trade more than 400 tokens across vanilla and exotic options, spot, and structured products through a unified platform spanning UI, API and voice channels. Founded by derivatives veterans, STS Digital delivers deep liquidity, competitive pricing,  and rigorous risk management to ensure a seamless trading experience.</p>
<p>STS Digital Ltd. is licensed by the Bermuda Monetary Authority (BMA), holding a DABA Class F Licence. The BMA is an internationally recognised financial regulator, an active member of the IAIS, GIFCS and GIICS, and participates in FSB and OECD-related forums and committees.</p>
<p>STS Digital is backed by leading industry investors including CMT Digital, Kraken&#8217;s parent Payward, Arrington Capital, Strobe Ventures, F-Prime and BitRock Capital.</p>
<p><strong>Website</strong>: <a href="https://www.globenewswire.com/Tracker?data=4Dh9QxKf_eFZpQIHwf9JWKOe7WtQvAbjKVod5h4TQWXcVEDdrrx3KsZC_2aWAevUQRhbVIyyQ6x7JVAc9wNJkNRKBl544A30iThffuToWkk=" rel="nofollow" target="_blank" title="">https://www.stsdigital.io/</a></p>
<p><b>Media Contacts</b></p>
<p>Karen Bertoli<br />Chief Marketing Officer <br /><strong>E:</strong> <a href="https://www.globenewswire.com/Tracker?data=XJQg3-L43Zb4-IfOrPzBsNIaTz-jpsmSBfqnRtcRp7JoQmzYW5izYbrwrpLq1jONaTEs3rcibKe6MQQniYDlgUNxCx9yLBpPRK-wZOdYjWQ=" rel="nofollow" target="_blank" title="karen@stsdigital.io">karen@stsdigital.io</a><br /><strong>T:</strong> +1 (305) 216 4190</p>
<p><b>Disclaimer</b></p>
<p>The content provided is for general informational purposes only and shall not be construed as financial, investment, legal, tax or any other professional advice. No representations or warranties are made, and nothing herein creates any contractual obligations, advisory relationship or liability. STS Digital Ltd. is regulated and supervised by the Bermuda Monetary Authority (BMA). Client acceptance is limited to professional and institutional clients and subject to prior onboarding and satisfactory KYC verification.</p>
<pre>CONTACT: karen(a)stsdigital.io</pre>
<p><img alt="" src='https://ml.globenewswire.com/media/NzE2ZDU4YWUtNGVjZS00MzJkLWE5NzAtMTRkZDcwN2FiYTFjLTUwMDE2MzI2My0yMDI2LTEwLTE2LWVu/tiny/STS-Digital.png' referrerpolicy='no-referrer-when-downgrade' />  </p>
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		<title>Hotdesk.com Expands to 2,000+ Locations Across Europe, Led by the UK, Spain, France, Germany and Italy</title>
		<link>https://asiainsiders.net/hotdesk-com-expands-to-2000-locations-across-europe-led-by-the-uk-spain-france-germany-and-italy/</link>
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		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 09:42:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[GlobeNewswire]]></category>
		<guid isPermaLink="false">https://asiainsiders.net/hotdesk-com-expands-to-2000-locations-across-europe-led-by-the-uk-spain-france-germany-and-italy</guid>

					<description><![CDATA[ European footprint surges 192% to 2,078 locations across 38 countries, up from 712 locations in 20 countries at the beginning of 2026. Network now spans 642 cities region-wide, including 18 new country markets across the Nordics, Central Europe and the Balkans. Top 10 cities: London, Barcelona, Madrid, Paris, Milan, Brussels, Berlin, Rome, Amsterdam and Lisbon. Top 10 countries: United Kingdom, Spain, France, Germany, Italy, Netherlands, Belgium, Portugal, Switzerland and Sweden. Global network surges 235% year-to-date to 7,600+ locations in 126...]]></description>
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<p align="center"><img decoding="async" alt="Hotdesk.com_Expands_To_2,000+_Locations_in_Europe" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="337" src="https://ml-eu.globenewswire.com/Resource/Download/aecce48f-d8f4-422f-9b46-d1de5a3c0651/hotdesk-com-expands-to-2-000-locations-in-europe.jpg" style="display:block; margin-left:auto; margin-right:auto;" width="600" data-dpi="300" data-caption="European footprint surges 192% to 2,078 locations across 38 countries, up from 712 locations in 20 countries at the beginning of 2026.Network now spans 642 cities region-wide, including 18 new country markets across the Nordics, Central Europe and the Balkans.Top 10 cities: London, Barcelona, Madrid, Paris, Milan, Brussels, Berlin, Rome, Amsterdam and Lisbon.Top 10 countries: United Kingdom, Spain, France, Germany, Italy, Netherlands, Belgium, Portugal, Switzerland and Sweden." data-filename="Hotdesk.com_Expands_To_2,000+_Locations_in_Europe.jpg" /><em><br />European footprint surges 192% to 2,078 locations across 38 countries, up from 712 locations in 20 countries at the beginning of 2026.</em></p>
<p align="center"><em>Network now spans 642 cities region-wide, including 18 new country markets across the Nordics, Central Europe and the Balkans.</em></p>
<p align="center"><em>Top 10 cities: London, Barcelona, Madrid, Paris, Milan, Brussels, Berlin, Rome, Amsterdam and Lisbon.</em></p>
<p align="center"><em>Top 10 countries: United Kingdom, Spain, France, Germany, Italy, Netherlands, Belgium, Portugal, Switzerland and Sweden.</em></p>
<p align="center"><em>Global network surges 235% year-to-date to 7,600+ locations in 126 countries.</em></p>
<p>DUBAI, United Arab Emirates, Oct. 16, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> &#8212; Hotdesk.com, an independent flexible workspace marketplace, today announced the expansion of its European footprint to 2,078 locations across 38 countries, representing 192% growth from 712 locations in 20 countries at the beginning of the year.</p>
<p>The expansion spans 642 cities region-wide, establishing coverage across nearly every major city on the European continent, with 18 new country entries across the Nordics, Central Europe and the Balkans. It’s part of a global network that has surged 235% since the start of 2026 to 7,600+ locations across 126 countries and 2,100+ cities.</p>
<p><strong>What This Means</strong></p>
<p>Hotdesk.com connects companies and individuals to co-working spaces, serviced offices, and flexible workspace through a unified booking platform. The European expansion gives customers access to more than 2,000 locations across major metro areas, spanning desks, meeting rooms, and private offices, from hourly to annual terms, plus enterprise packages for employee mobility. As an asset-light marketplace, Hotdesk.com does not hold leases on the spaces it lists — each space is owned and operated by an independent host or operator.</p>
<p>“What excites us about this expansion isn’t the number of cities — it’s the people in them: a business meeting in London, a founder building something in Lisbon’s startup scene, or someone who needs a desk for a week in a city she’s never worked from before. Hotdesk exists for all of them, to access workspaces on-demand and belong, everywhere,” said Mohamed Khaled, Founder &amp; CEO of Hotdesk.</p>
<p>&#8220;Our European network nearly tripled this year without adding a single lease to our balance sheet,&#8221; said Giles Heyring, President of Hotdesk. &#8220;That’s the advantage of an asset-light, rapidly scalable tech company that doesn’t hold property.&#8221;</p>
<p>“Spain’s strength in this expansion traces back to its position as our first market in Europe, which gave us an early foothold,” added Mohamed ElSarrag, Co-founder &amp; COO of Hotdesk.</p>
<p><strong>About Hotdesk.com</strong></p>
<p>Hotdesk.com is an independent flexible workspace marketplace operating in 126 countries and 2,194 cities worldwide. The platform connects businesses and individuals to co-working spaces and serviced offices through a unified booking experience. Its enterprise product, HotdeskONE, powers multi-city workspace programs for global companies, while HotdeskOS equips flexible workspace owners and operators with the tools to grow and manage their spaces. For more information, visit <a href="https://www.globenewswire.com/Tracker?data=SlM3TLTsUi2u7LIYWh0FOfT2vlNz4J1BkyEMMQYsHQelJI8YiqG1nzBMd9Xx3dmqYOfIaFCQryaRJ9DtoEQFnyu_XBCC78aQ0PQfrGKnV9k=" rel="nofollow" target="_blank" title=""><u>www.hotdesk.com</u></a>.</p>
<p><strong>Media Contact</strong></p>
<p>Public Relations: <a href="https://www.globenewswire.com/Tracker?data=nzyWQJGMWno7TtW10tLhCk8uXPT7z55lzXmB_1xvJApw90UHTx3_ba-mmfmaTID2eJoqbh2gkh5R2frl5iYHpHBx82w0L3MxZbxcjvViHno=" rel="nofollow" target="_blank" title=""><u>pr@hotdesk.com</u></a></p>
<p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=l6gvqUyszewNTqsPk5myr9q2lSFzcGftGGV_V-E_Nz5r3uDRphAaLTWd8lqslX8fYH7oRB11pbvTkxvztktVicpLsNEn4lWd_T0iH2A-BUmlm2RRs47dMYRiCQ9gmotLYux8EyVfM3zpY6nI2jnKhBDTXNaTCmIQZvQYRNWgsSnnXZKgq5kZwh4Qkru0nRvEvzRzuEJjQWLgPWA7Q2ap0izdzharNV8i7t92gO4ZRDfrfAhACbF7XgZt92dNuK7-oFSCzNQuPvaQHALXkIhprA==" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/aecce48f-d8f4-422f-9b46-d1de5a3c0651</a></p>
<p><img alt="" src='https://ml-eu.globenewswire.com/media/ZTVhYWNiODktYjZhNy00YTEwLWE0NjQtZmQ3MzAwYTcxZWRhLTEzMzY5NDMtMjAyNi0xMC0xNi1lbg==/tiny/Hotdesk-FZE.png' referrerpolicy='no-referrer-when-downgrade' />  </p>
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		<title>Marco Rubio to visit Indian billionaire Ambani&#8217;s refinery in Gujarat as U.S. diesel prices surge</title>
		<link>https://asiainsiders.net/marco-rubio-to-visit-indian-billionaire-ambanis-refinery-in-gujarat-as-u-s-diesel-prices-surge/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 06:45:02 +0000</pubDate>
				<category><![CDATA[World]]></category>
		<category><![CDATA[Asia Insider]]></category>
		<category><![CDATA[Asia News]]></category>
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					<description><![CDATA[EVIAN-LES-BAINS, FRANCE &#8211; JUNE 17: (LtoR) US Secretary of State Marco Rubio and US Ambassador&#8230;]]></description>
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<div class="InlineImage-imageEmbedCaption">EVIAN-LES-BAINS, FRANCE &#8211; JUNE 17: (LtoR) US Secretary of State Marco Rubio and US Ambassador to India Sergio Gor attend a bilateral meeting between U.S. President Donald Trump and Indian Prime Minister Narendra Modi during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. </div>
<div class="InlineImage-imageEmbedCredit">Anna Moneymaker | Getty Images News | Getty Images</div>
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<p>U.S. Secretary of State Marco Rubio is set to visit the world&#8217;s largest oil refinery in Jamnagar, India, owned by billionaire Mukesh Ambani&#8217;s <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a href="https://www.cnbc.com/quotes/RELIANCE-IN/">Reliance Industries</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, as <a href="https://www.cnbc.com/2026/10/14/diesel-deal-oil-price-iea-report.html">diesel prices</a> surge ahead of U.S. midterm polls.</p>
<p>The International Energy Agency has warned that constraints on the diesel market will likely keep prices elevated into the next year. To ease diesel prices, which affect American truckers, farmers, and shippers, U.S. President Donald Trump earlier this month <a href="https://www.cnbc.com/2026/10/14/trumps-diesel-dilemma-by-the-numbers.html">paused sanctions on Russia</a> to allow supplies from Moscow in the global market.</p>
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<p>The Trump administration is using this trip to focus on business deals rather than policy and politics as Americans remain focused on the economy ahead of the midterm polls, experts told CNBC. </p>
<p>Not only is Ambani&#8217;s flagship company Reliance investing in a U.S. refinery and is a key buyer of Venezuelan oil, but its strong ability to supply diesel has put Jamnagar on the map during Rubio&#8217;s visit, they added.</p>
<p>On Tuesday, the U.S. Department of State announced that Rubio will be traveling to Samarkand in Uzbekistan and from there to <a href="https://www.state.gov/releases/office-of-the-spokesman/2026/10/secretary-rubios-travel-to-samarkand-mumbai-and-jamnagar" target="_blank">Mumbai and Jamnagar in India</a>, with no mention of a stop in New Delhi, between Oct. 17 and 22.</p>
<p>Rubio, who is on his second trip to India this year, will meet with some senior Indian officials and with business leaders &#8220;to promote opportunities for commercial investment and economic cooperation,&#8221; according to the release.</p>
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<h2 class="ArticleBody-subtitle">U.S.-Ambani ties</h2>
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<p>US Ambassador to India Sergio Gor said Rubio will travel to Jamnagar to visit Reliance&#8217;s refining complex and hinted that <a href="https://www.bloomberg.com/news/articles/2026-10-15/rubio-set-to-meet-ambani-signaling-steady-ties-despite-musk?taid=6ad0ac58e2ba810001fc99d2&amp;utm_campaign=trueanthem&amp;utm_content=business&amp;utm_medium=social&amp;utm_source=twitter" target="_blank">Ambani would meet the U.S. official</a>, according to Bloomberg. Given Ambani runs Reliance, &#8220;I&#8217;d imagine he&#8217;d be there,&#8221; Gor said, according to the report. </p>
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<p>Later in an interview with Indian media outlet NDTV, Gor said that the visit to Jamnagar was scheduled given <a href="https://x.com/ndtv/status/2110728387396583623?s=20" target="_blank">Reliance&#8217;s &#8220;incredible&#8221; investment</a> in the U.S. refinery project. Reliance did not respond to emails sent by CNBC seeking details on the visit. The State Department did not respond to CNBC&#8217;s queries sent outside of working hours.</p>
<p>The U.S. is facing exceptionally high diesel prices ahead of its November midterm elections, and the Trump administration has been looking for ways to increase fuel availability, Arpit Chaturvedi, South Asia Advisor at strategic advisory firm Teneo, told CNBC.</p>
<p>Jamnagar has &#8220;considerable export-oriented refining capacity,&#8221; making a strong case for the U.S. to explore refined-product supplies, including diesel, he added.</p>
<p>Ambani, who SpaceX founder Elon Musk referred to as <a href="https://www.cnbc.com/2026/10/09/musk-starlink-ambani-india-us.html">the real boss of India</a> last week, has been developing ties with the Trump administration. In March, U.S. President Donald Trump thanked Reliance for its &#8220;<a href="https://www.cnbc.com/2026/03/11/trump-us-oil-refinery-reliance-ambani-texas-india-shale-wti.html">tremendous investment</a>&#8221; in the first new refinery project in the U.S. in the last 50 years. </p>
<p>Reliance, which is majority-owned by the Ambani family, has also emerged as the second-largest <a href="https://www.cnbc.com/2026/10/08/india-billionaire-trump-ambani-venezuela-oil.html">buyer of Venezuelan crude outside of the U.S</a>., even as Indian state-owned firms remain largely unmoved by Trump&#8217;s appeal to buy more of it.</p>
<p>Rubio will also use the visit to highlight &#8220;Reliance&#8217;s plans for a large, new refinery in Texas, which is the site of heated midterm U.S. election races drawing national attention,&#8221; said Atman Trivedi, a partner at Washington-based DGA Albright Stonebridge Group. </p>
<p>Reliance&#8217;s is also &#8220;well-positioned to sell diesel,&#8221; and other refined petroleum products to the U.S., he added. </p>
<p>The Jamnagar refinery is the world&#8217;s &#8220;<a href="https://www.ril.com/businesses/energy/refining-marketing" target="_blank">largest and most complex</a> single-site refinery&#8221; with crude processing capacity of 1.4 million barrels per day, according to Reliance. </p>
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		<title>Hybe shares jump 10% as K-pop sensation BTS&#8217; tour lifts earnings hopes</title>
		<link>https://asiainsiders.net/hybe-shares-jump-10-as-k-pop-sensation-bts-tour-lifts-earnings-hopes/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 03:53:48 +0000</pubDate>
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<div class="InlineImage-imageEmbedCaption">A woman poses for a photo in front of the stairs displayed with the logo of BTS&#8217; 2026 album and release date at Gwanghwamun Square in Seoul on January 14, 2026. K-pop megastars BTS will launch a comeback world tour from April, the band&#8217;s label said on January 14. (Photo by Jung Yeon-je / AFP via Getty Images)</div>
<div class="InlineImage-imageEmbedCredit">Jung Yeon-je | Afp | Getty Images</div>
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<p>Shares of Hybe, the company behind K-pop supergroup BTS, surged 10% on Friday as investors weighed an upbeat third-quarter earnings outlook fueled by its artistes&#8217; global concerts.</p>
<p>Hybe&#8217;s third-quarter revenue is expected to reach 1.5 trillion won ($1.11 billion), up 106% from a year earlier, while operating profit is projected at 172.2 billion won, according to local brokerage firm iM Securities. Concert revenue is expected to come in at 717 billion won, nearly tripling from a year earlier. </p>
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<p>The share price gain on Friday outperformed the broader <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a href="https://www.cnbc.com/quotes/.KS11/">Kospi,</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span> which rose 2.9%.</p>
<p>BTS&#8217; ongoing world tour featured 16 stadium shows in North America and eight in Europe during the third quarter.</p>
<p>Thiat, alongside expanding tours by newer acts including Enhypen, Katseye and Cortis, helped drive concert attendance to nearly 3 million during the quarter, potentially marking a quarterly record for the company, the report said.&nbsp;</p>
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<div class="InlineImage-imageEmbedCaption">BUSAN, SOUTH KOREA &#8211; JUNE 12: Fans pose for photos as BTS photos and characters are displayed at Jonghap Undongjang Station near Busan Asiad Main Stadium, the venue for BTS World Tour &#8216;Arirang&#8217;, in Busan, South Korea on June 12, 2026. (Photo by Hwawon Ceci Lee/Anadolu via Getty Images)</div>
<div class="InlineImage-imageEmbedCredit">Anadolu | Anadolu | Getty Images</div>
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<p>Western markets accounted for more than 70% of total concert attendance for the first time, reflecting Hybe&#8217;s growing international reach as its newer artistes expand their presence in North America and Europe, according to the report. Despite currency headwinds, concert, merchandise and licensing revenues are expected to reach record levels.&nbsp;</p>
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<h2 class="ArticleBody-subtitle">Concert margin outlook</h2>
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<p>While higher royalty payments to established artistes and initial touring costs for newer groups are expected to weigh on margins, the brokerage forecasts Hybe to maintain a double-digit operating margin, supported by the scale of BTS&#8217; world tour.</p>
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<p>CGS Securities analyst Jiwoo Oh told CNBC after Hybe&#8217;s second-quarter earnings that while concerts and appearances carry steeper costs for the company due to higher revenue sharing with artistes, merchandise, content and fan club businesses help boost the companies bottom line significantly.&nbsp;</p>
<p>She also pointed out that in its second quarter, Hybe delivered an 11.8% operating margin in the second quarter of 2026, with artist-direct revenue accounting for 72% of total sales and concerts alone accounting for 45% of total sales.&nbsp;</p>
<p>&#8220;We believe this demonstrates that stadium-scale operating leverage can more than offset the higher cost base associated with concerts,&#8221; she added.</p>
<p>After Hybe reported second-quarter results on July 28, the <a href="https://www.cnbc.com/2026/07/29/bts-concerts-hybe-record-results-shares-crash.html">company&#8217;s shares crashed</a>, wiping out as much as $1.96 billion in market cap in less than 24 hours.&nbsp;</p>
<p>Analysts said then that the sell-off was caused as profit margins missed expectations, despite revenue and operating profit reaching record highs, according to analysts.</p>
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<h2 class="ArticleBody-subtitle">Rookies step up</h2>
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<p>The iM Securities report said that the profitability of newer bands such as Katseye and Cortis in Western markets will be likely key to reducing the company&#8217;s reliance on BTS, the report showed.&nbsp;</p>
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<div class="InlineImage-imageEmbedCaption">SEOUL, SOUTH KOREA &#8211; APRIL 20: CORTIS members Juhun, James, Seong-hyun, Geon-ho and Martin attend the media showcase for the group&#8217;s second mini album &#8216;Green Green&#8217; and title track &#8216;Red Red&#8217; at YES24 Live Hall on April 20, 2026 in Seoul, South Korea. (Photo by THE FACT/Imazins via Getty Images)</div>
<div class="InlineImage-imageEmbedCredit">The Fact | Imazins | Getty Images</div>
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<p>Still, stronger-than-expected demand for additional BTS concerts in Japan and the Middle East, as well as encore performances, could also lead to upward revisions to the company&#8217;s 2027 earnings forecasts, iM Securities added.</p>
<p>Kyobo Securities, which expects third-quarter concert revenue to reach 724.4 billion won, expressed optimism around Hybe&#8217;s newer acts, stating &#8220;growth among younger artists is becoming more visible alongside BTS&#8217; tour.&#8221;</p>
<p>Cortis is selling around 600,000 albums per month on average, demonstrating strong fandom demand, the brokerage said, while Katseye is expanding its overseas presence on the back of global streaming and album performance.&nbsp;</p>
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<p> Source: <a href="https://cnbc.com">CNBC</a></p>
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		<title>Gasping for clean air: Singapore battles relentless haze as Prime Minister Wong warns of action</title>
		<link>https://asiainsiders.net/gasping-for-clean-air-singapore-battles-relentless-haze-as-prime-minister-wong-warns-of-action/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 00:06:48 +0000</pubDate>
				<category><![CDATA[World]]></category>
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					<description><![CDATA[Pedestrians walk along Marina Bay as thick haze obscures the Merlion park and surrounding skyline&#8230;]]></description>
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<div class="InlineImage-imageEmbedCaption">Pedestrians walk along Marina Bay as thick haze obscures the Merlion park and surrounding skyline in Singapore on October 14, 2026. The city-state experiences reduced visibility amid concerns over transboundary haze from forest and land fires in neighbouring Indonesia. (Photo by Vachira Vachira/NurPhoto via Getty Images)</div>
<div class="InlineImage-imageEmbedCredit">Nurphoto | Nurphoto | Getty Images</div>
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<p>Singapore continues to grapple with severe haze as smoke from wildfires in neighboring Indonesia drifts into the city-state, with Prime Minister Lawrence Wong warning of action against companies responsible for the fires. </p>
<p>Air quality in Singapore <a href="https://www.nea.gov.sg/media/news/advisories/index/haze-situation-update-15-october-2026" target="_blank">remained unhealthy</a> on Thursday, as smoke from widespread fires in Indonesia&#8217;s Kalimantan region continued to drift toward the city-state, accordingto the National Environment Agency.</p>
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<p>Singapore&#8217;s air quality first deteriorated to <a href="https://www.nea.gov.sg/media/news/news/index/singapore-government-agencies-implement-measures-to-mitigate-impact-of-haze-Aug2026" target="_blank">unhealthy levels</a> on Sept. 4, the first time in nearly three years, according to government data. The worsening haze has cast a shadow over the city-state, disrupting daily life and threatening businesses as air pollution continues to worsen.</p>
<p>In a post on X Thursday night, Wong said the government was <a href="https://x.com/LawrenceWongST/status/2110747538500550763" target="_blank">looking into companies</a> potentially responsible for the forest and peatland fires in Indonesia. He said authorities could take legal action under Singapore&#8217;s Transboundary Haze Pollution Act where warranted, while also exploring joint action with other countries.</p>
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<p>Singapore&#8217;s Seletar Airport has seen 16 diversions due to low visibility, spokespeople for Changi Airport Group and the Civil Aviation Authority of Singapore told CNBC in a joint media reply.</p>
<p>The prolonged haze is taking a toll on daily life and businesses, with some outdoor dining establishments, including outdoor dining restaurants and hawker centers, reporting a drop in business, <a href="https://www.channelnewsasia.com/singapore/haze-pm25-psi-businesses-outdoor-workers-poor-air-quality-6459106" target="_blank">according</a> to the local media. </p>
<p>A spokesperson from Marina Bay Sands told CNBC via email that &#8220;certain outdoor experiences that involve prolonged exposure to the outdoors have been temporarily suspended&#8221; and the hotel is providing masks and air purifiers to guests.</p>
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<p>Singapore&#8217;s Minister for Digital Development and Information Josephine Teo told CNBC&#8217;s &#8220;<a href="https://www.cnbc.com/asia-squawk-box/">Squawk Box Asia</a>&#8221; on Thursday that the haze was &#8220;not the best way to welcome our international guests,&#8221; as the city-state hosts Singapore International Cyber Week. The event has drawn a record turnout of more than 15,000 visitors from over 100 countries. </p>
<p>Teo said the government had begun preparations weeks earlier to support residents, including distributing masks to those most in need. While it remains unclear when the haze will improve, she said Singapore has been in close contact with Indonesian officials to understand their needs and stands ready to provide assistance.</p>
<p>A spokesperson of ride-hailing and delivery platform Grab told CNBC via email that they have been distributing masks and have issued advisories to their platform workers as well. </p>
<p>The haze has extended beyond Singapore, affecting neighboring Malaysia as well.</p>
<p>Malaysia&#8217;s Second Finance Minister Amir Hamzah Azizan told CNBC on Wednesday that the worsening haze requires a coordinated response across Southeast Asia, saying the country has offered to deploy water bombers and other resources to help tackle the issue. &#8220;It is an issue that needs an ASEAN solution,&#8221; he said.</p>
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		<title>Atlantis Studio&#8217;s Two-Player Horror Game Beyond the Dark: Nightwatch to Be Published by Q-Games!</title>
		<link>https://asiainsiders.net/atlantis-studios-two-player-horror-game-beyond-the-dark-nightwatch-to-be-published-by-q-games/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Fri, 16 Oct 2026 00:00:00 +0000</pubDate>
				<category><![CDATA[Media OutReach]]></category>
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					<description><![CDATA[Launching October 22 on Nintendo Switch 2! KYOTO, JAPAN – Media OutReach Newswire – 16&#8230;]]></description>
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<h4><i>Launching October 22 on Nintendo Switch 2!</i></h4>
</p>
<p>KYOTO, JAPAN –  <a href="https://www.media-outreach.com/">Media OutReach Newswire</a> – 16 October 2026 – Q-Games has announced that it will publish  <i>Beyond the Dark: Nightwatch</i>, the upcoming horror game from French developer Atlantis Studio, across Asia, and has released a new trailer. It is a two-player asymmetric co-op horror game built around tension, communication, observation and trust. </p>
<p> <a href="https://youtu.be/gS1jiMaZWaQ?si=H8Fp-SozrWpBille"><u><b>Latest Trailer</b></u></a> <br /> <a href="https://www.q-games.com/en/beyond-the-dark-nightwatch/"><u><b>Nintendo Store</b></u></a> *Available starting October 22 </p>
<figure data-image-width="0" data-image-height="0" style="display: block;width: 100%;margin: 0px;padding: 0px;text-align: center" align="center">   <img decoding="async" src="https://images.media-outreach.com/release.php/Thumb/1600x900/823706/823706-image-1-jpeg-1600x900.jpeg" alt="Beyond the Dark: Nightwatch key art featuring the horror game&apos;s title and characters" width="1600" style="width: 100%;margin: 0px"> </figure>
<p> Players must combine information from their individual perspectives as they work together to escape a haunted house far from civilization. Communication is essential for survival. By sharing information and coordinating their actions, players must overcome the horrors that await them and find a way out. The game also features Troy Baker, the renowned voice actor known for his roles in The Last of Us and Death Stranding. The Nintendo Store page for Asia is scheduled to go live on Thursday, October 22, with the game launching on Nintendo Switch 2 the same day. </p>
<p> <b>ABOUT THE GAME</b> <br /> <i>Beyond the Dark: Nightwatch</i> is a two-player horror experience. One player, the Explorer, enters the House in first person, searching for clues, solving mysteries and trying to escape before Gloam finds them. The other, the Overseer, stays behind the cameras, using surveillance systems, documents, and tactical tools to track what is happening and guide their partner. </p>
<p> The game supports couch co-op, GameShare, Local Network, and Online Play. Using GameShare, two players can play together even if the other console is either a Nintendo Switch 2 or a Nintendo Switch. </p>
<p> <b>GAME FEATURES</b> </p>
<ul>
<li>     <b>A Two-Player Horror Experience:</b> Built exclusively for two players, communication is essential for survival.   </li>
<li>     <b>Asymmetric Exploration: </b>Combine different perspectives to uncover the House&#8217;s secrets and stay alive.   </li>
<li>     <b>An Oppressive Environment: </b>Explore a claustrophobic house filled with hidden threats.   </li>
<li>     <b>Communication Drives Escape:</b> Share clear instructions, warn your partner of danger and coordinate actions to escape.   </li>
<li>     <b>GameShare and Co-op: </b>Play together via local co-op, GameShare, Local Network or online play.   </li>
</ul>
<p> <b>    <br />   BASIC INFORMATION</b> <br /> Title: Beyond the Dark: Nightwatch <br /> Developer:  <a href="https://atlantisstudio.fr/">Atlantis Studio </a> <br /> Publisher:  <a href="https://www.q-games.com/en/">Q-Games </a> <br /> Genre: Horror / Asymmetric Co-op <br /> Mode: 2 Player (Local Co-op, Couch Co-op, GameShare, Local Network, Online Play) <br /> Platforms: Nintendo Switch 2 <br /> Price: HKD 138 / TWD 490 / JPY 2,480 / KRW 24,000 / MYR 59 / SGD 21.99 / THB 450 / PHP 799 <br /> <a href="https://discord.com/invite/qgamesforever"><u>Discord</u></a> <br /> <a href="https://drive.google.com/drive/folders/1L9TlPRRR0Dk8fgdPouXE5PPh0IzRm48U?usp=drive_link"><u><b>PressKit</b></u></a> </p>
<p>Hashtag: #QGames #BeyondTheDarkNightwatch #NintendoSwitch2</p>
<p>The issuer is solely responsible for the content of this announcement.</p>
<p><img loading="lazy" decoding="async" src="https://track.media-outreach.com/index.php/WebView/494027/125000" alt="" width="1" height="1" style="width:1px;height:1px"></div>
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		<title>Born to Be Open: RoboParty Launches RP1, a Full-Stack Open-Source Humanoid</title>
		<link>https://asiainsiders.net/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Thu, 15 Oct 2026 17:00:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[PR Asia]]></category>
		<category><![CDATA[PR Newswire]]></category>
		<guid isPermaLink="false">https://asiainsiders.net/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid</guid>

					<description><![CDATA[SHANGHAI, Oct. 16, 2026 /PRNewswire/ &#8212; RoboParty today officially launches RP1 (ROBOTO 01), a high-performance,&#8230;]]></description>
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<p><span class="legendSpanClass">SHANGHAI</span>, Oct. 16, 2026 /PRNewswire/ &#8212; RoboParty today officially launches RP1 (ROBOTO 01), a high-performance, full-stack open-source humanoid robot designed for advanced robotics research and embodied AI development. With open access to both hardware and software, RP1 enables researchers to customize the system, integrate their own algorithms, and test new approaches on real hardware.</p>
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<p><a href="https://asiainsiders.net/wp-content/uploads/2026/10/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid.jpg" target="_blank" style="color: #0000FF"><img decoding="async" src="https://asiainsiders.net/wp-content/uploads/2026/10/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid.jpg" title="RP1 traversing obstacles, real-world photograph" alt="RP1 traversing obstacles, real-world photograph" /></a><br /><span>RP1 traversing obstacles, real-world photograph</span></p>
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<p>As AI increasingly moves into the physical world, humanoid robots are becoming a key platform for the next generation of embodied intelligence. But if their core technologies remain hidden inside black boxes, will innovation be defined only by the few who have access to the underlying systems?</p>
<p>The future of embodied AI should not be built on technological black boxes. Every researcher and developer should have the opportunity to participate.</p>
<p>AI models continue to advance, yet the physical systems that bring their capabilities into the real world still face significant limitations.</p>
<p>For robotics researchers, closed hardware and low-level control systems restrict experimental flexibility and system innovation. For embodied AI developers, limited visibility into a robot&#8217;s internal behavior makes it difficult to pinpoint problems across model policies, control systems and hardware execution.</p>
<p>RP1 addresses these limitations by opening access to its robot body design and technical resources for RoboParty&#8217;s in-house-developed ROMOMO joint actuator modules, alongside technical documentation and research materials. Together, these resources establish an open development ecosystem encompassing mechanical structures, actuators, motion control, simulation environments, software development kits (SDKs) and training tools.</p>
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<p><a href="https://asiainsiders.net/wp-content/uploads/2026/10/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid-1.jpg" target="_blank" style="color: #0000FF"><img decoding="async" src="https://asiainsiders.net/wp-content/uploads/2026/10/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid-1.jpg" title="RP1 component showcase" alt="RP1 component showcase" /></a><br /><span>RP1 component showcase</span></p>
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<p><b>Full-Stack Open Source Across Hardware and Software</b></p>
<p>Open-source robotics should extend beyond software interfaces. To advance humanoid robotics research, developers need to understand, modify and validate the physical systems that underpin intelligent behavior.</p>
<p>RP1 was built around this principle.</p>
<p>At the hardware level, RP1 integrates RoboParty&#8217;s in-house-developed ROMOMO joint actuator modules with an optimized mechanical structure and motion-control architecture. Its low-level drivers and control algorithms are also fully open source, with the software stack extending to firmware, development tools, simulation resources and robot learning frameworks. Access to hardware designs and underlying technologies allows researchers to explore the relationships among mechanical design, joint response, control behavior and learning policies.</p>
<p>Researchers can go beyond sending commands to a fixed robot platform. They can analyze and modify the underlying systems that determine how the robot executes movement.</p>
<p>When a robot fails to perform an intended action accurately, the cause may lie in the model, control policy, actuator response or mechanical structure. An open development ecosystem enables researchers to trace problems across these layers and optimize them together, with access to systems they can inspect and modify.</p>
<p>True open source extends beyond code to the robot itself, putting full control of the system in developers&#8217; hands.</p>
<p><b>Designed to Adapt to Research Needs</b></p>
<p>The standard RP1 stands approximately 1.3 meters tall and features 24 actuated degrees of freedom (DoF), supporting research into gait, balance control and sim-to-real transfer. The Pro version features 30 actuated DoF, including a 2-DoF neck and two 7-DoF arms, supporting research into end-to-end policies, human-robot interaction and data collection for embodied AI. These DoF counts exclude the dexterous hands.</p>
<p>RP1&#8217;s modular structure and open control interfaces allow research teams to adapt the platform to their experimental needs. Teams can begin with bipedal locomotion research, then configure additional hardware and software for perception, data collection or manipulation experiments.</p>
<p>Interchangeable head modules and wrist end effectors support multiple configurations, including RoboParty&#8217;s in-house-developed RP Hand dexterous hand. These interfaces allow teams to conduct a range of experiments on the same robot platform.</p>
<p>Open hardware and software also support controlled experiments. Researchers can compare different control methods on identical hardware or hold the control method constant while examining how hardware configuration changes affect experimental results. Recording hardware versions, software configurations and test conditions helps teams trace the causes of differences in results.</p>
<p><b>Enabling Developers to Focus on Embodied AI Models</b></p>
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<p><a href="https://asiainsiders.net/wp-content/uploads/2026/10/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid-2.jpg" target="_blank" style="color: #0000FF"><img decoding="async" src="https://asiainsiders.net/wp-content/uploads/2026/10/born-to-be-open-roboparty-launches-rp1-a-full-stack-open-source-humanoid-2.jpg" title="PartyOS Technology Roadmap" alt="PartyOS Technology Roadmap" /></a><br /><span>PartyOS Technology Roadmap</span></p>
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<p>RP1 already supports foundational motor capabilities, including continuous walking, recovery from external disturbances, getting back up after a fall and human motion tracking. These capabilities provide an established foundation for embodied AI model development, reducing the need for teams to repeatedly develop low-level motor skills and allowing them to focus on higher-level intelligent policies and complex tasks.</p>
<p>For Whole Body Intelligence development, RP1 provides a robot body capable of dynamic motion, whole-body control (WBC), and supporting tools for virtual reality (VR) teleoperation, data collection and playback, and motion retargeting. It also provides integrated development workflows for WBC-based whole-body motion execution, teleoperation using VR or motion-capture devices, and RP Hand control.</p>
<p>WBC coordinates the arms, torso and legs to support dynamic motion tracking and posture adjustment, providing a stable motion-execution foundation for tasks that combine locomotion and manipulation. Integrated with RoboParty&#8217;s in-house-developed PartyOS embodied AI system, the UFO unsupervised reinforcement learning framework and MimicLite motion imitation technology, RP1 supports motor skill learning, control policy development and higher-level applications.</p>
<p>RP1 also provides an open toolchain spanning data collection, training in simulation, deployment on physical robots and experimental validation. Researchers can deploy models on the robot, analyze discrepancies between model outputs and actual physical responses, and independently adjust control policies and hardware configurations. This creates a continuous development loop from algorithm development to real-world execution, feedback and refinement.</p>
<p>To meet embodied AI development requirements for experimental stability and reproducibility, RP1 incorporates systematic improvements across its mechanical structure, core actuators and manufacturing processes. RoboParty&#8217;s in-house-developed ROMOMO actuators, structural optimization and manufacturing quality management are designed to improve consistency in physical response, overall reliability and maintainability. These measures help minimize the influence of hardware variation on experimental results and provide a stable physical platform for repeated model training and validation over extended periods.</p>
<p><b>Building a Shared Foundation for Global Innovation</b></p>
<p>RoboParty launched the RPO open-source project in January 2026, releasing mechanical and electrical design resources, along with training and deployment materials. The project has garnered&nbsp;more than 2,600 GitHub stars, enabling developers to reproduce and extend the robot design using publicly available resources.</p>
<p>RP1 continues this open-source approach, bringing together ROMOMO joint actuator modules, research from RoboParty Lab and the ongoing development of PartyOS to expand the technology foundation for robotics research and embodied AI model development.</p>
<p>&quot;We believe the future of embodied AI should not be defined by just a handful of closed systems,&quot; said Yi Huang, founder of RoboParty. &quot;With RP1, we want to open up more than code. We want to give researchers the opportunity to truly understand, modify and continuously advance robotic capabilities. When more teams can innovate on a shared technical foundation, the entire industry can move further forward.&quot;</p>
<p>RoboParty&#8217;s vision is to make the future of embodied AI open to everyone ready to explore it.</p>
<p><span id="spanHghltce2c">GitHub: <a href="https://github.com/Roboparty/RP1" target="_blank" rel="nofollow" style="color: #0000FF">https://github.com/Roboparty/RP1</a>&nbsp;</span></p>
<p>Website: <a href="https://roboparty.com/" target="_blank" rel="nofollow" style="color: #0000FF">https://roboparty.com</a>&nbsp;</p>
<p>Media Contact: <a href="mailto:marketing@roboparty.com" target="_blank" rel="nofollow" style="color: #0000FF">marketing@roboparty.com</a></p>
<p><b>About RoboParty</b></p>
<p>Founded in Shanghai in 2025, RoboParty develops humanoid robot hardware, motion-control technologies, robotics software and open development tools. Its product and technology portfolio includes the RPO and RP1 humanoid platforms, in-house-developed ROMOMO joint actuator modules, the RP Hand dexterous hand and the evolving PartyOS embodied AI system. Through openly available engineering resources and development tools, the company supports robotics research, embodied AI development and collaboration across teams.</p>
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		<title>AIMCONNECT 2026 Held in Singapore, Bringing Global Automotive Leaders Together to Explore the Future of AI, Trust and Connected Mobility</title>
		<link>https://asiainsiders.net/aimconnect-2026-held-in-singapore-bringing-global-automotive-leaders-together-to-explore-the-future-of-ai-trust-and-connected-mobility/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Thu, 15 Oct 2026 15:59:00 +0000</pubDate>
				<category><![CDATA[Media OutReach]]></category>
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		<guid isPermaLink="false">https://asiainsiders.net/aimconnect-2026-held-in-singapore-bringing-global-automotive-leaders-together-to-explore-the-future-of-ai-trust-and-connected-mobility</guid>

					<description><![CDATA[SINGAPORE – Media OutReach Newswire – 15 October 2026 – Held on 11 October 2026&#8230;]]></description>
										<content:encoded><![CDATA[<div>SINGAPORE –  <a href="https://www.media-outreach.com/">Media OutReach Newswire</a> – 15 October 2026 – Held on 11 October 2026 at Shangri-La Rasa Sentosa in Singapore, AIMCONNECT 2026 gathered industry leaders from 11 countries under the theme &#8220;Where Mobility Meets the Future.&#8221; Organised by X Star Technology and Aimotion, the event welcomed representatives from more than 100 automotive organisations, over 60 financial institutions and around 20 technology companies to explore how collaboration across industries can create a more connected mobility ecosystem. </p>
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<p> <a href="https://youtu.be/sbUyQWx8ItQ">https://youtu.be/sbUyQWx8ItQ</a> </p>
<p> The event was opened by Tin Pei Ling, Member of Parliament, and Dato&#8217; Tony Khor Chong Boon, President of the Federation of Motor and Credit Companies Associations of Malaysia (FMCCAM). Through keynote presentations, panel discussions and live technology demonstrations, participants examined how AI-driven solutions can improve customer experiences while ensuring transparency, security and responsible decision-making. </p>
<p> <b>AIMCONNECT 2026 Highlights the Shift Towards Connected Mobility</b> </p>
<p> During the keynote address, &#8220;The Next Mobility Economy: Intelligence, Connection, Trust,&#8221; X Star Technology CEO Shawn Yang highlighted the growing gap between consumers&#8217; digital engagement and completed automotive transactions. </p>
<p> Shawn Yang noted that consumers increasingly begin their vehicle purchase journey online, with research showing strong demand for AI-supported decision-making. According to figures shared during the keynote, 90% of car buyers conduct online research before visiting dealerships, 63% expect to use AI during their next vehicle purchase and 67% believe AI will influence their financing decisions. </p>
<p> However, the automotive journey remains fragmented. Customers often move between dealerships, financing providers and multiple systems, creating unnecessary friction during purchasing and ownership processes. </p>
<p> &#8220;Customers are not lost in one stage; they are lost to the friction between them,&#8221; Yang said. Yang said. The CEO explained that the next stage of mobility innovation requires closer cooperation between automotive companies, financial institutions and technology providers. Rather than improving isolated parts of the journey, the industry must create connected experiences that allow information, decisions and services to move more efficiently between stakeholders. </p>
<p> During AIMCONNECT 2026, technology demonstrations showcased emerging solutions designed to address these challenges. X Star Technology presented its Xport platform, demonstrating one-click lead-to-loan matching and real-time approval capabilities. Aimotion, MStar, AI Wingman and MK.X also introduced their latest innovations, highlighting the potential of AI-enabled tools across the automotive value chain. </p>
<p> <b>Building Trust as AI Takes a Greater Role in Decision-Making</b> </p>
<p> A key theme throughout AIMCONNECT 2026 was the importance of trust as artificial intelligence becomes increasingly involved in customer-facing processes. </p>
<p> While AI can improve speed and efficiency, industry leaders emphasised that technology must operate within clear boundaries. Decisions involving financing, customer eligibility and financial commitments require transparency, human oversight and accountability. </p>
<p> Yang introduced X Star Technology&#8217;s proprietary Harness framework, which combines AI operating boundaries, human supervision and traceable data management. The framework is designed to ensure that AI systems operate within authorised parameters while allowing complex cases to be escalated for human review. </p>
<p> &#8220;In auto finance, a single flawed decision risks customer harm and regulatory non-compliance. For AI to operate across the customer journey with true autonomy, trust cannot be an afterthought; it must be engineered into the architecture from day one,&#8221; Yang said. </p>
<p> The discussions also highlighted the importance of balancing personalisation with privacy. While consumers increasingly expect services tailored to their needs, excessive automation or unnecessary intervention may reduce trust. Effective AI solutions must therefore combine intelligence with appropriate restraint. </p>
<p> <b>Strengthening Connections Across the Auto Finance Ecosystem</b> </p>
<p> Another major discussion at AIMCONNECT 2026 focused on how stronger collaboration between automotive companies, financial institutions and technology providers can create a more efficient and trusted financing experience. </p>
<p> During the panel discussion &#8220;Building a Connected Auto Finance Ecosystem,&#8221; moderated by MStar CEO Zhang Peng, industry representatives explored the role of data connectivity, cybersecurity and responsible technology adoption in shaping the future of automotive finance. </p>
<p> Speakers from Deloitte, Deutsche Bank, The CEO Circle and JWT Bespoke examined how financial institutions and mobility businesses can use technology to improve decision-making while maintaining customer confidence. </p>
<p> &#8220;Better data infrastructure and connectivity can help the industry make more informed financing decisions, but technology must go hand in hand with trust,&#8221; Zhang said. </p>
<p> The discussion emphasised that connectivity is not simply about collecting more data. A truly integrated ecosystem requires organisations to establish clear principles for how information is shared, protected and used. Customers must also understand what information they provide and how it contributes to a better service experience. </p>
<p> Matthew Duncan, Director and CEO of JWT Bespoke, highlighted the importance of balancing innovation with consumer protection, drawing from Australia&#8217;s experience in automotive and financial regulation. </p>
<p> &#8220;Regulation works best when it protects customers and still gives the industry room to improve how people buy and finance their cars,&#8221; Duncan said. </p>
<p> <b>Exploring the Future of Vehicle Ownership</b> </p>
<p> Beyond financing and transactions, AIMCONNECT 2026 also examined a broader question facing the mobility industry: how will consumers define vehicle ownership in the future? </p>
<p> The rise of leasing, subscription services, car-sharing and ride-hailing has expanded consumer choices, creating new possibilities beyond traditional ownership models. </p>
<p> During the panel &#8220;The Future of Owning a Car,&#8221; moderated by Shawn Yang, industry leaders discussed how changing consumer expectations may influence future mobility behaviour. </p>
<p> An audience poll showed a closely divided perspective. While 54% of participants believed flexible mobility solutions could become the preferred choice within the next decade, 46% expected vehicle ownership to remain the dominant preference. </p>
<p> The result reflected the complexity of future mobility trends. Rather than replacing ownership completely, emerging mobility models may provide consumers with more options depending on their lifestyle, financial situation and travel needs. </p>
<p> James Ng, Managing Director of BYD Singapore and President of BYD Philippines, shared insights into BYD&#8217;s technology development journey. </p>
<p> &#8220;BYD&#8217;s first phase was electrification, delivering performance. The second phase is intelligence, using AI to enhance the customer experience. The third phase will focus on integration,&#8221; Ng said. </p>
<p> Xiao Ting, CEO of MK.X, noted that increasingly capable AI assistants could change how consumers approach mobility decisions. </p>
<p> &#8220;The decision may increasingly be less about owning a car and more about finding the right mobility solution for each journey,&#8221; noted the CEO. </p>
<p> Ng also highlighted the broader applications of BYD&#8217;s technology beyond vehicles, including Battery Energy Storage Systems (BESS) and renewable energy solutions that contribute to a wider technology ecosystem. </p>
<p> These developments suggest that the future mobility landscape will involve not only automakers, but also dealers, financial institutions and technology platforms adapting their services to meet changing consumer expectations. </p>
<p> <b>AI Is Expanding the Vehicle Experience Beyond the Point of Sale</b> </p>
<p> The role of artificial intelligence throughout the vehicle ownership lifecycle was another key focus at AIMCONNECT 2026. </p>
<p> During the panel &#8220;How Is AI Reshaping Mobility?&#8221; moderated by X Star Chief Technology Officer Michael Jia, industry experts discussed how AI can support consumers beyond vehicle selection and purchase. </p>
<p> Panel participants included Carson Zhang of Aimotion, Connor Liu of Google Cloud, Dr Harold Teng of MK.X Technology and Bryan Tan of Carro. </p>
<p> When delegates were asked where AI would create the greatest impact, personalised ownership services ranked ahead of vehicle selection, automotive financing and in-car intelligence. The results suggested that industry participants see significant opportunities in improving the ownership experience after purchase. </p>
<p> Bryan Tan, Chief Scientist at Carro Group and CEO of Carro Indonesia, explained that vehicle value assessment is becoming increasingly influenced by new data sources. For electric vehicles, factors such as battery condition and charging history are becoming important considerations alongside traditional indicators such as mileage. </p>
<p> Tan also noted that markets such as Singapore have unique considerations, including the impact of the Certificate of Entitlement (COE) system on vehicle value. </p>
<p> These examples demonstrate how advances in automotive technology are influencing areas beyond driving performance, extending into finance, resale value and long-term ownership decisions. </p>
<p> However, industry leaders agreed that AI adoption must remain focused on practical benefits. </p>
<p> &#8220;The focus must remain on delivering practical benefits, enhancing safety and making mobility more intuitive for consumers,&#8221; Dr Teng said. </p>
<p> <b>Collaboration Will Define the Next Stage of Mobility Innovation</b> </p>
<p> Across the discussions at AIMCONNECT 2026, one common message emerged: the future of mobility will be shaped by collaboration. </p>
<p> Automotive manufacturers and dealers must better understand customer needs and reduce unnecessary friction throughout the ownership journey. Financial institutions must improve efficiency while maintaining responsible lending practices. Technology providers must develop solutions that meet operational, regulatory and customer expectations. </p>
<p> For policymakers and industry stakeholders, the challenge will be encouraging innovation while maintaining public confidence. </p>
<p> &#8220;No single company can transform the entire mobility journey on its own,&#8221; Xiao Ting said. </p>
<p> Zhang highlighted that the success of future mobility solutions should be measured not only by speed and efficiency, but also by how effectively the industry works together to serve customers. </p>
<p> &#8220;Progress should be measured not only by how quickly a loan can be approved, but by how well the industry works together to serve the customer,&#8221; Zhang said. </p>
<p> AIMCONNECT 2026 demonstrated that artificial intelligence will play an increasingly important role in mobility, but technology alone will not define the future. The next phase of automotive transformation will depend on building systems that are intelligent, transparent and connected — supported by stronger partnerships across the mobility ecosystem. </p>
<p>Hashtag: #XStar</p>
<p>The issuer is solely responsible for the content of this announcement.</p>
</p>
<h4>About AIMCONNECT 2026</h4>
<p>AIMCONNECT 2026 brings together automotive leaders, dealers, original equipment manufacturers (OEMs), financial institutions, technology innovators and industry decision-makers to explore the future of automotive commerce and mobility. </p>
<p> Through industry dialogue, thought leadership sessions and live technology demonstrations, AIMCONNECT provides a platform for stakeholders to exchange insights and collaborate on the next generation of connected mobility solutions.</p>
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		<title>AXA Global Healthcare Mind Health Report reveals global differences in how cost and stigma affect access to professional mental health care</title>
		<link>https://asiainsiders.net/axa-global-healthcare-mind-health-report-reveals-global-differences-in-how-cost-and-stigma-affect-access-to-professional-mental-health-care/</link>
		
		<dc:creator><![CDATA[Asia Insider]]></dc:creator>
		<pubDate>Thu, 15 Oct 2026 15:20:00 +0000</pubDate>
				<category><![CDATA[Media OutReach]]></category>
		<category><![CDATA[Media Outreach]]></category>
		<guid isPermaLink="false">https://asiainsiders.net/axa-global-healthcare-mind-health-report-reveals-global-differences-in-how-cost-and-stigma-affect-access-to-professional-mental-health-care</guid>

					<description><![CDATA[The 2026 survey of 19,000 people across 18 countries finds cost and stigma remain significant&#8230;]]></description>
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<h4><i>The 2026 survey of 19,000 people across 18 countries finds cost and stigma remain significant barriers to professional mental health support, with AI emerging as a way people work around them, particularly among non-natives </i></h4>
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<div>   LONDON, UK –    <a href="https://www.media-outreach.com/">Media OutReach Newswire</a> – 15 October 2026 –   New research from    <a href="https://www.axaglobalhealthcare.com/globalassets/about-us/mind-health-report-oct-2026/axa-global-healthcare-mind-health-report-2026.pdf">AXA Global Healthcare&#8217;s 2026 Mind Health Report</a>, &#8216;<i>Reaching the right support</i>&#8216;, finds that a third (33%) of people with a mental health concern who have not seen a professional say the cost of medical consultations and treatment has stopped them seeking help, while 15% cite fear of being stigmatised or judged negatively. But how much each barrier holds people back changes from one country to the next.   </p></div>
<div>   The cost of medical consultations and treatment is a bigger barrier in some countries than others. Half (50%) of respondents in Mexico and 49% in the Philippines say it stops them seeking help, compared with just 15% in Germany and 17% in Turkey. The research links these differences to how mental health care is funded. Where people pay for consultations and treatment directly, seeking support carries a greater financial burden than where care is publicly funded or covered by compulsory health insurance.   </p></div>
<div>   As a barrier, stigma varies too and is often rooted in social and cultural attitudes. The research finds it is a greater barrier in countries such as the UK, South Korea and Hong Kong than in Switzerland, Turkey and Thailand. Stigma is widely recognised as a reason people delay seeking help, and the research links it partly to how well people&#8217;s conditions are managed. In the UK, where a quarter (25%) cite stigma, just over a third (36%) of those with a condition say it is well managed. In Thailand, where 13% cite stigma as a barrier, that rises to over half (52%).   </p></div>
<div>   Those barriers also shape where people turn for support. The data points to a pattern: where cost is a bigger barrier, use of AI tends to be higher. In the Philippines, for example, seven in ten (71%) use AI tools for their mental health. People held back by stigma are also more likely to use AI, with 60% using it to search for information on managing their mental health, compared with 52% of those who are not.   </p></div>
<div>   &#8220;As a physician, I do not see AI as a replacement for therapists, psychologists or psychiatrists. I see it as a potential gateway to care. For many, it may provide a first, accessible step towards seeking help. But its future in mental health should be measured by whether it helps people access appropriate care earlier, identifies risk sooner and improves outcomes safely,&#8221; says Dr Anne Lepetit, Chief Medical Officer, AXA Health Business.   </p></div>
<div>   Non-natives (people living or working outside their country of birth) can face added challenges when seeking professional mental health care, from language barriers and distance from loved ones to unfamiliar healthcare systems. Knowing where to turn can be harder, and for many, AI is already part of that search. The research finds two in five (40%) use it to find suitable healthcare professionals or facilities, and they are more likely than natives to use it to search for information on managing their mental health (52% vs 47%). The cost of consultations and treatment is also their primary barrier to professional support (36%), which may point to the added complexity of navigating healthcare systems, eligibility and insurance in another country.   </p></div>
<div>   Whether their employees work at home or abroad, employers have an opportunity to reduce both barriers. A culture of trust and openness, where people can talk about their mental health without fear of judgement or consequences for their career, helps tackle stigma. But culture only goes so far if the right support is not there when someone reaches out. Solutions that offer confidential routes to help and ease the cost of consultations and treatment mean support is in place when employees are ready to seek it.   </p></div>
<div>   &#8220;This year&#8217;s Mind Health Report reinforces the importance of making professional mental health support easier to reach. Eight in ten employees say they would join mental health support programmes at work, yet two thirds say they&#8217;re not available or are unaware of them. Bridging this gap is an essential part of improving access to support, and one where organisations are uniquely placed to make a difference.   </p></div>
<div>   &#8220;At AXA, we help organisations create workplaces where mental health can be discussed openly, people can recognise when they may need support, and the care they need is easier to find and even easier to access. From mental health awareness training and self-check tools to dedicated services that support employees, our global solutions help employers make mental health a business priority, not just a benefit,&#8221; says Alain Zweibrucker, Chief Executive Officer, AXA Health Business and AXA Health International.    </div>
<div> </div>
<p>Hashtag: #AXA</p>
<p>The issuer is solely responsible for the content of this announcement.</p>
</p>
<h4>AXA Global Healthcare</h4>
<p>AXA Health International is part of the AXA Health business and specialises in international health and wellbeing solutions. AXA Global Healthcare operates as one of the commercial entities functioning within AXA Health International, providing premium international health insurance to individuals and businesses worldwide and has been protecting the healthcare needs of globally mobile citizens for more than 60 years. Customers are supported in more than 200 countries through a global virtual doctor service, second medical opinion, personal case management, and evacuation and repatriation assistance, with access to AXA&#8217;s global medical network of over 2 million healthcare providers. For more information visit axaglobalhealthcare.com.</p>
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