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	<title type="text">Asia Insider</title>
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	<updated>2026-10-13T16:21:42Z</updated>

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		<title type="html"><![CDATA[As &#8216;Cockroach&#8217; protests grow over alleged voter fraud, Modi defends India as ‘mother of democracy’]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/as-cockroach-protests-grow-over-alleged-voter-fraud-modi-defends-india-as-mother-of-democracy/" />

		<id>https://asiainsiders.net/as-cockroach-protests-grow-over-alleged-voter-fraud-modi-defends-india-as-mother-of-democracy</id>
		<updated>2026-10-13T16:21:42Z</updated>
		<published>2026-10-13T12:19:37Z</published>
		<category scheme="https://asiainsiders.net" term="World" /><category scheme="https://asiainsiders.net" term="Asia Insider" /><category scheme="https://asiainsiders.net" term="Asia News" /><category scheme="https://asiainsiders.net" term="CNBC" />
		<summary type="html"><![CDATA[NEW DELHI, INDIA &#8211; OCTOBER 12: Leader of Opposition in the Lok Sabha Rahul Gandhi&#8230;]]></summary>

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<div class="InlineImage-imageEmbedCaption">NEW DELHI, INDIA &#8211; OCTOBER 12: Leader of Opposition in the Lok Sabha Rahul Gandhi with INDIA alliance leaders during the march from Connaught place to Supreme Court against the alleged SIR irregularities on October 12, 2026 in New Delhi, India. </div>
<div class="InlineImage-imageEmbedCredit">Hindustan Times | Hindustan Times | Getty Images</div>
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<p>Prime Minister Narendra Modi on Tuesday defended India as a &#8220;<a href="https://x.com/narendramodi/status/2109868703643005129?s=20" target="_blank">mother of democracy</a>,&#8221; as protests demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged voter fraud are intensifying.</p>
<p>&#8220;A wide range of issues are debated openly, and diverse perspectives are discussed by the people,&#8221; Modi said, speaking at a Bloomberg New Economy event. His comments coincide with a severe crackdown by authorities against protestors demanding electoral reforms. &nbsp;</p>
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<p>Earlier today, key members of the viral pseudo-political movement, Cockroach Janta Party, were <a href="https://x.com/abhijeet_dipke/status/2109856466043797894?s=20" target="_blank">detained for protesting without permission</a>.</p>
<p>CJP, whose leaders were detained by authorities over the weekend as well, <a href="https://x.com/Cockroachisback/status/2109842789337112654?s=20" target="_blank">had sought permission from Delhi Police</a> on Monday to launch fresh protests at the Jantar Mantar grounds in the capital. However, the government then barred the use of the site for protests.</p>
<p>On Monday, thousands of people <a href="https://aninews.in/news/national/politics/india-bloc-protest-thousands-start-foot-march-to-supreme-court-demanding-cecs-resignation20261012162009/" target="_blank">reportedly</a> joined leaders of Indian opposition parties in their march to the Supreme Court in Delhi to file a petition against revisions made to the voter list by the Election Commission. </p>
<p><a href="https://indianexpress.com/article/india/election-commission-sir-draft-rolls-13-crore-deletions-delhi-leads-10857760/" target="_blank">Names of 130 million people have been struck</a> off from the voter list after the commission began conducting &#8220;special intensive revisions&#8221; (SIR) to update voter lists across the country last year, as per several local media reports.</p>
<p>Rahul Gandhi, the leader of the opposition in India, said the huge crowds were a sign that people were not going to be <a href="https://x.com/RahulGandhi/status/2109680326427754926?s=20" target="_blank">&#8220;intimidated&#8221; by the government</a>. </p>
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<p>&#8220;There are no parallel protests. It&#8217;s one protest, and it&#8217;s a protest where everybody is standing together,&#8221; Gandhi said, dismissing concerns over the absence of members of the Cockroach Janta Party who had called for protests over the weekend.</p>
<p>&#8220;Delhi is once again flooded with people <a href="https://x.com/abhijeet_dipke/status/2109608662004326879?s=20" target="_blank">standing up to save democracy</a>,&#8221; Abhijeet Dipke, the founder of the viral pseudo-political movement, CJP, said in a post, reacting to the crowd amassed for the march led by Gandhi.</p>
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<h2 class="ArticleBody-subtitle">Clampdown </h2>
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<p>Over the weekend, Indian security forces reportedly clamped down on protests in the capital city, detaining young people, several opposition party politicians, YouTubers, lawyers and a few journalists. </p>
<p>The Delhi police, which is under the control of the Indian home ministry, did not respond to an email seeking comments. </p>
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<div class="InlineImage-imageEmbedCaption">Police personnel detain a supporter of the Cockroach Janata Party (CJP) during a protest demanding the resignation of India&#8217;s Chief Election Commissioner Gyanesh Kumar over alleged voter roll irregularities linked to the &#8220;special intensive revision&#8221; (SIR), in New Delhi on October 10, 2026. (Photo by Arun SANKAR / AFP via Getty Images)</div>
<div class="InlineImage-imageEmbedCredit">Arun Sankar | Afp | Getty Images</div>
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<p>Experts told CNBC that while the scale of the protests does not pose a threat to the stability of India at present, crackdowns could broaden the unrest. </p>
<p>&#8220;If security forces keep taking heavy-handed approaches, this will create a more volatile environment that could make protestors angrier and galvanize even larger groups of marchers,&#8221; Michael Kugelman of the Atlantic Council told CNBC.</p>
<p>He added that at present the scale of the protests was not significant enough to impact &#8220;capital flow and investor behavior&#8221; but warned that &#8220;heavy-handed tactics that generate violence and volatility&#8221; by the state could change it.</p>
<p>The United Nations Human Rights Office on Saturday raised concerns <a href="https://www.ohchr.org/en/press-releases/2026/10/india-concerns-over-mass-detentions-and-during-protests" target="_blank">over mass detentions</a> and called on Indian authorities &#8220;to ensure that the right to peaceful assembly is fully respected and fulfilled.&#8221;</p>
<p>On Sunday, India&#8217;s Ministry of External Affairs responded to the UNHR&#8217;s comments, calling them &#8220;unwarranted&#8221; and claiming they constituted an &#8220;unacceptable interference in the internal affairs of India.&#8221;</p>
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<h2 class="ArticleBody-subtitle">&#8216;Significant and massive&#8217;</h2>
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<p>The crackdown during the latest protest has been &#8220;significant and massive&#8221; compared to earlier reactions to farmers&#8217; protests or uniform civil code protests, Arpit Chaturvedi, South Asia advisor at Teneo, told CNBC. He added that there is a higher chance that the broad-based retaliation to the police crackdown could lead to more demonstrations.</p>
<p>The CJP had first called for a <a href="https://www.cnbc.com/2026/09/25/india-cockroach-party-election-protest-democracy.html">nationwide protest on Oct. 2</a>, seeking the removal of the election chief after an investigative report by the Indian Express showed discrepancies in the functioning of the Election Commission and reports of deletion of millions of voters.</p>
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<div class="InlineImage-imageEmbedCaption">Demonstrators rally alongside opposition party members during a protest march on October 12, 2026 in New Delhi, India. </div>
<div class="InlineImage-imageEmbedCredit">Ritesh Shukla | Getty Images</div>
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<p>On Sept. 26, following reports of the voter deletion, the Election Commission of India launched a special drive across India to enroll voters who have been <a href="https://www.eci.gov.in/eci/public/api/document?id=17536" target="_blank">left out of the rolls</a>. It has <a href="https://x.com/ECISVEEP/status/2102678422753517847?s=20" target="_blank">downplayed discrepancies</a> as highlighted in the Indian Express report and maintains it is &#8220;committed to ensuring that no eligible voter is <a href="https://x.com/ECISVEEP/status/2109685004255342791?s=20" target="_blank">left out of the voter list</a>.&#8221;</p>
<p>However, Modi&#8217;s ruling party, the Bharatiya Janata Party, has defended the Election Commission and said the deletions <a href="https://www.bjp.org/pressreleases/salient-points-press-conference-bjp-national-spokesperson-dr-sudhanshu-trivedi-mp-47" target="_blank">were made on account</a> of 28 million people who died, 68 million who relocated, 10 million with duplicate entries and 30 million absent or non-traceable voters. </p>
<p>The sweeping revisions of the electoral roll have raised serious constitutional and legal questions, Milan Vaishnav, director and senior fellow of the South Asia Program at Carnegie Endowment for International Peace, told CNBC.</p>
<p>The core demand of the movement is for Kumar to resign and for the commission to &#8220;seriously modify the so-called &#8216;Special Intensive Revision&#8217; of the electoral rolls,&#8221; he said.<strong> </strong></p>
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<p> Source: <a href="https://cnbc.com">CNBC</a></p>
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			</entry>
		<entry>
		<author>
			<name>Asia Insider</name>
					</author>

		<title type="html"><![CDATA[Beijing forum eyes new paths for modern urban governance]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/beijing-forum-eyes-new-paths-for-modern-urban-governance/" />

		<id>https://asiainsiders.net/beijing-forum-eyes-new-paths-for-modern-urban-governance</id>
		<updated>2026-10-13T09:42:34Z</updated>
		<published>2026-10-13T09:15:00Z</published>
		<category scheme="https://asiainsiders.net" term="Business" /><category scheme="https://asiainsiders.net" term="GlobeNewswire" />
		<summary type="html"><![CDATA[ BEIJING, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Chinese and international experts gathered in Beijing to explore new paths for modernizing urban governance, as the 2026 Beijing Forum on Swift Response to Public Complaints began Monday. The two-day event, themed "Digital Intelligence Era and People's City," drew more than 3,200 participants from over 70 countries and regions. In 2019, Beijing, home to over 20 million residents, launched a "swift response to public complaints" initiative aimed at addressing public concerns promptly and...]]></summary>

					<content type="html" xml:base="https://asiainsiders.net/beijing-forum-eyes-new-paths-for-modern-urban-governance/"><![CDATA[
<p>BEIJING, Oct. 13, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> &#8212; Chinese and international experts gathered in Beijing to explore new paths for modernizing urban governance, as the 2026 Beijing Forum on Swift Response to Public Complaints began Monday.</p>
<p>The two-day event, themed &#8220;Digital Intelligence Era and People&#8217;s City,&#8221; drew more than 3,200 participants from over 70 countries and regions.</p>
<p>In 2019, Beijing, home to over 20 million residents, launched a &#8220;swift response to public complaints&#8221; initiative aimed at addressing public concerns promptly and resolving everyday challenges efficiently. It has integrated more than 60 hotline services into the single hotline number 12345, which serves as the primary channel for residents to voice their concerns.</p>
<p>Official data shows the Chinese capital has handled about 200 million public appeals in just over seven years, with resolution and satisfaction rates both exceeding 97 percent.</p>
<p>Beijing&#8217;s &#8220;swift response to public complaints&#8221; reform began with a single hotline and platform and has since evolved into an urban governance system integrating big data and AI, one that has tackled a range of pressing public concerns, Gao Xiang, president of the Chinese Academy of Social Sciences, said in his opening address.</p>
<p>&#8220;Digital empowerment of people-centered urban governance is the prevailing trend in urban governance worldwide,&#8221; he said.</p>
<p>This year&#8217;s forum unveiled a batch of research outcomes on urban governance, including theoretical studies of the reform itself, an evaluation of global city hotline services, and case studies of governance innovation worldwide.</p>
<p>It also rolled out two English-language publications on the reform &#8212; the monograph &#8220;How Urban Governance Works: the Case of Swift Response to Public Complaints in Beijing,&#8221; and a special issue with the &#8220;Journal of Comparative Policy Analysis: Research and Practice.&#8221; Both signal a move from lessons learned to theoretical exposition, and from Chinese practice to international comparison.</p>
<p>&#8220;The experience of Beijing&#8217;s citizen service system offered valuable lessons for Athens in advancing people-centered urban governance and building a city that listens to its citizens and responds to their concerns,&#8221; said Georgios K. Giannaros, first deputy mayor of Athens, Greece.</p>
<p>Held every two years, this year&#8217;s Beijing Forum on Swift Response to Public Complaints featured six parallel sub-forums, where participants noted that the reform has driven changes in mega-city governance, offering the world a window into China&#8217;s approach to governance.</p>
<pre>CONTACT: Contact for media only: Contact person: Ms. Zhu, Tel: 86-10-63074558</pre>
<p><img alt="" src='https://ml.globenewswire.com/media/ZDNmNTFkYmYtYTFlMy00MGNjLWFhODQtMTc2OGVkYzdhZTViLTUwMDE2ODY0NC0yMDI2LTEwLTEzLWVu/tiny/2026-Beijing-Forum-on-Swift-Re.png' referrerpolicy='no-referrer-when-downgrade' />  </p>
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			<name>Asia Insider</name>
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		<title type="html"><![CDATA[BeatViz Expands Its AI Music Video Generator With Chat-Guided Editing for Full-Length Songs]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/beatviz-expands-its-ai-music-video-generator-with-chat-guided-editing-for-full-length-songs/" />

		<id>https://asiainsiders.net/beatviz-expands-its-ai-music-video-generator-with-chat-guided-editing-for-full-length-songs</id>
		<updated>2026-10-13T09:42:35Z</updated>
		<published>2026-10-13T09:05:00Z</published>
		<category scheme="https://asiainsiders.net" term="Business" /><category scheme="https://asiainsiders.net" term="GlobeNewswire" />
		<summary type="html"><![CDATA[ NEWARK, Del., Oct. 13, 2026 (GLOBE NEWSWIRE) -- BeatViz is an AI music video generator designed to turn full-length songs into complete, editable music videos. Unlike standalone video models such as Runway Gen-4.5 and Adobe Firefly Video, which primarily generate individual clips, BeatViz combines music analysis, AI-powered direction, lip sync, and timeline editing in one workflow. What Is BeatViz? An AI Music Video Generator Built for Full-Length Songs BeatViz helps independent musicians, songwriters, and AI music creators transform existing audio...]]></summary>

					<content type="html" xml:base="https://asiainsiders.net/beatviz-expands-its-ai-music-video-generator-with-chat-guided-editing-for-full-length-songs/"><![CDATA[
<p align="left">NEWARK, Del., Oct. 13, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> &#8212; <a href="https://www.globenewswire.com/Tracker?data=sEZWnbQf-KHYNttSy8RF97tLuMNt9oCmg56GtbjAgvU8td-7iJKtfoOkm18MjL4uGosmUAZti63mmTqhJn_scw==" rel="nofollow" target="_blank" title="BeatViz">BeatViz</a> is an AI music video generator designed to turn full-length songs into complete, editable music videos. Unlike standalone video models such as Runway Gen-4.5 and Adobe Firefly Video, which primarily generate individual clips, BeatViz combines music analysis, AI-powered direction, lip sync, and timeline editing in one workflow.</p>
<p align="left"><strong>What Is BeatViz? An AI Music Video Generator Built for Full-Length Songs</strong></p>
<p align="left">BeatViz helps independent musicians, songwriters, and AI music creators transform existing audio tracks into multi-scene music videos.</p>
<p align="left">Rather than generating disconnected video clips, BeatViz analyzes the uploaded song, develops visual concepts, organizes scenes, and supports video generation and assembly.</p>
<div class="pcrstb-wrap"><table style="border-collapse: collapse; width:100%; border-collapse:collapse ;">
<tr>
<td style="max-width:50%; width:50%; min-width:50%;;text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Platform</strong></td>
<td style="max-width:50%; width:50%; min-width:50%;;text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Primary Focus</strong></td>
</tr>
<tr>
<td style="text-align: left ; vertical-align: middle; vertical-align: bottom ; "><strong>BeatViz</strong></td>
<td style="text-align: left ; vertical-align: middle; vertical-align: bottom ; ">Complete, editable music videos</td>
</tr>
<tr>
<td style="text-align: left ; vertical-align: middle; vertical-align: bottom ; ">Runway Gen-4.5</td>
<td style="text-align: left ; vertical-align: middle; vertical-align: bottom ; ">Cinematic AI video clips</td>
</tr>
<tr>
<td style="text-align: left ; vertical-align: middle; vertical-align: bottom ; ">Adobe Firefly Video</td>
<td style="text-align: left ; vertical-align: middle; vertical-align: bottom ; ">Short-form video generation</td>
</tr>
</table></div>
<p align="left"><strong><br />How BeatViz Combines Chat-Guided Editing, Workflow, and Timeline Control</strong></p>
<p align="left"><strong>AI Director: Create Through Conversation</strong></p>
<p align="left">BeatViz&#8217;s AI Director allows creators to describe visual styles, characters, locations, and scene concepts through natural-language conversations.</p>
<p align="left"><strong>Workflow: From Song to Music Video</strong></p>
<p align="left">Workflow guides users through music analysis, creative planning, character development, scene generation, and video assembly.</p>
<p align="left"><strong>Editor: Refine Individual Scenes</strong></p>
<p align="left">The timeline-based Editor gives creators control over generated clips, scene timing, and visual adjustments without requiring an entirely new production.</p>
<p align="left"><strong>BeatViz Features: Lip Sync, Character References, and Scene-Level Editing</strong></p>
<p align="left">BeatViz includes three capabilities for music video production:</p>
<ul>
<li><strong>Lip Sync:</strong> Create AI singing performances synchronized with music.</li>
<li><strong>Character References:</strong> Help maintain recurring performers across different scenes.</li>
<li><strong>Scene-Level Editing:</strong> Replace or refine individual shots within a music video.</li>
</ul>
<p align="left">AI-generated results may still require review and revisions, particularly for facial consistency and singing performances.</p>
<p align="left"><strong>Who Is BeatViz For? Independent Musicians, Songwriters, and AI Music Creators</strong></p>
<p align="left">BeatViz serves artists releasing original songs, producers developing visual concepts, and AI music creators seeking complete music videos without traditional filming.</p>
<p align="left">Its combination of conversational direction and timeline editing supports both guided creation and hands-on creative control.</p>
<p align="left"><strong>Frequently Asked Questions</strong></p>
<p align="left"><strong>Can BeatViz create music videos for entire songs?</strong></p>
<p align="left">Yes. BeatViz supports full-song production through multi-scene planning, generation, and editing.</p>
<p align="left"><strong>Does BeatViz support lip sync?</strong></p>
<p align="left">Yes. BeatViz includes lip-sync tools for AI-generated singing performances.</p>
<p align="left"><strong>Final Verdict</strong></p>
<p align="left">BeatViz bridges the gap between short AI video generation and complete music video production, offering independent creators a music-focused workflow with AI Director, character references, lip sync, and timeline editing.</p>
<pre>CONTACT: Contact Name: Eva Company: BeatViz Phone: +1 (646) 671-7225</pre>
<p><img alt="" src='https://ml.globenewswire.com/media/YzY4ZWY1OGYtNTY2Ny00YTUyLWEwMmMtN2MzYTRiMGEzZmQ5LTEzMzcwMjgtMjAyNi0xMC0xMy1lbg==/tiny/Beatviz.png' referrerpolicy='no-referrer-when-downgrade' />  </p>
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			<name>Asia Insider</name>
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		<title type="html"><![CDATA[SK Hynix, SoftBank shares plunge as tech stocks in Asia track Wall Street sell-off]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/sk-hynix-softbank-shares-plunge-as-tech-stocks-in-asia-track-wall-street-sell-off/" />

		<id>https://asiainsiders.net/sk-hynix-softbank-shares-plunge-as-tech-stocks-in-asia-track-wall-street-sell-off</id>
		<updated>2026-10-13T02:11:43Z</updated>
		<published>2026-10-13T02:09:00Z</published>
		<category scheme="https://asiainsiders.net" term="World" /><category scheme="https://asiainsiders.net" term="Asia Insider" /><category scheme="https://asiainsiders.net" term="Asia News" /><category scheme="https://asiainsiders.net" term="CNBC" />
		<summary type="html"><![CDATA[In this article SKHY Follow your favorite stocksCREATE FREE ACCOUNT The SK Hynix Inc. booth&#8230;]]></summary>

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<div class="InlineImage-imageEmbedCaption">The SK Hynix Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Tuesday, June 2, 2026. </div>
<div class="InlineImage-imageEmbedCredit">Lam Yik Fei | Bloomberg | Getty Images</div>
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<p>Asian technology stocks fell Tuesday as a sell-off in U.S. semiconductor shares spilled into regional markets, with worries over artificial intelligence financing and intensifying competition denting sentiment.</p>
<p>Shares of South Korean chip giant SK Hynix, a leading supplier of high-bandwidth memory chips used in artificial intelligence applications, plunged more than 8%, while rival Samsung Electronics shed 6.7% — both hit their lowest levels since August.</p>
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<p>In Japan, shares of tech-focused investment giant <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a href="https://www.cnbc.com/quotes/9984.T-JP/">SoftBank Group</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> sank 8.8%. The group, which has significant exposure to the global AI industry, led a broader retreat in Japanese semiconductor and electronics shares.&nbsp;</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2"><a href="https://www.cnbc.com/quotes/8035.T-JP/">Tokyo Electron</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>, a major supplier of chipmaking equipment, dropped 6.75%, while <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3"><a href="https://www.cnbc.com/quotes/6857.T-JP/">Advantest</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 makes semiconductor testing equipment, declined 5.65%. Other Japanese technology stocks also came under pressure. <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4"><a href="https://www.cnbc.com/quotes/6920.T-JP/">Lasertec</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> fell 4.94%, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5"><a href="https://www.cnbc.com/quotes/6146.T-JP/">Disco</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> lost 4.69% and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6"><a href="https://www.cnbc.com/quotes/6723.T-JP/">Renesas Electronics</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> shed 5.64%.</p>
<p>The declines followed a weak session for technology stocks on Wall Street, where the Nasdaq Composite dropped 0.44% on Monday. U.S. memory chipmaker <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7"><a href="https://www.cnbc.com/quotes/MU/">Micron Technology</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> slid 3.9% as investors assessed intensifying competition from China&#8217;s ChangXin Memory Technologies, or <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-8"><a href="https://www.cnbc.com/quotes/688825-SZ/">CXMT</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 reported progress on a new chip structure.</p>
<p>The chief executives of <a href="https://www.cnbc.com/quotes/INTC/">Intel</a> and <a href="https://www.cnbc.com/quotes/AVGO/">Broadcom</a> have warned that access to capital could emerge as a major headwind to the <a href="https://www.cnbc.com/ai-artificial-intelligence/">artificial intelligence</a> boom, even as demand for computing infrastructure continues to outstrip supply.</p>
<p>Investors are also looking ahead to a busy week of corporate earnings and U.S. inflation data, which could provide fresh clues on the outlook for interest rates.</p>
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			</entry>
		<entry>
		<author>
			<name>Asia Insider</name>
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		<title type="html"><![CDATA[Chamet Brings Real-Time AI Translation in 50+ Languages and Multimodal Safety AI to Cross-Border Video Chat]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/chamet-brings-real-time-ai-translation-in-50-languages-and-multimodal-safety-ai-to-cross-border-video-chat/" />

		<id>https://asiainsiders.net/chamet-brings-real-time-ai-translation-in-50-languages-and-multimodal-safety-ai-to-cross-border-video-chat</id>
		<updated>2026-10-13T03:02:57Z</updated>
		<published>2026-10-13T02:00:00Z</published>
		<category scheme="https://asiainsiders.net" term="Media OutReach" /><category scheme="https://asiainsiders.net" term="Media Outreach" />
		<summary type="html"><![CDATA[Live translated subtitles help users talk across languages, while multi-model moderation and multimodal age-risk detection&#8230;]]></summary>

					<content type="html" xml:base="https://asiainsiders.net/chamet-brings-real-time-ai-translation-in-50-languages-and-multimodal-safety-ai-to-cross-border-video-chat/"><![CDATA[<div>
<h4><i>Live translated subtitles help users talk across languages, while multi-model moderation and multimodal age-risk detection support user protection</i></h4>
</p>
<p>HONG KONG SAR –  <a href="https://www.media-outreach.com/">Media OutReach Newswire</a> – 13 October 2026 –  <u><a href="https://www.chamet.com/">Chamet</a></u>, a global live streaming and video chat platform with more than 50 million downloads on Google Play worldwide, today detailed two AI systems behind its experience: real-time translation during video calls, and multi-model AI for content moderation and user protection. </p>
<div>   <b>Real-time AI translation</b> </div>
<p> Chamet&#8217;s AI translation turns spoken dialogue into translated on-screen subtitles as people speak. It supports more than 50 languages and is free for users. Subtitles appear within the call itself, so people across Asia, the Middle East, the United States and other regions can talk without language barriers. </p>
<div>   <b>AI for a safer community</b> </div>
<p> Chamet uses AI detection and human review together to find and act on violations in real time. Two methods sit at the centre of this work. </p>
<p> <b>Multimodal detection of suspected minors</b><b>: </b>Chamet has zero tolerance for underage users. Instead of relying on a single signal, its system combines profile photos, live-stream frames, video, voice, text, self-reported age and account behaviour to assess whether an account may belong to a minor. Each case receives a risk level based on model confidence. Depending on that level, the system can restrict content, limit interactions or restrict the account, and human reviewers check cases before final decisions. Accounts found to have falsified their age are permanently suspended. </p>
<p> <b>Multi-model fusion for content review</b><b>: </b>Chamet uses several moderation models and third-party services, each with its own labels, confidence scales and strengths. The platform maps all of their outputs onto one shared risk scale. It then weighs the results by content type, such as images, video, audio or text, by where the content appears, such as a live stream or a profile, and by each model&#8217;s track record. The result is a single risk level and a consistent action for each piece of content, with the highest-risk cases prioritised for reviewers. </p>
<p> These systems work alongside real-person face verification, client- and server-side safeguards against unauthorised screen recording, in-app reporting and blocking, and an appeals process. Together they help reduce risk on the platform. </p>
<p> &#8220;Our commitment to &#8216;Make Chat Borderless&#8217; starts with helping people understand one another,&#8221; said David Qi, Chief Marketing Officer of Chamet. &#8220;We built translation into the call and kept it free. And because these are live conversations, we use AI to help our review teams spot risk sooner and act more consistently.&#8221; <br />Hashtag: #Chamet</p>
<p>The issuer is solely responsible for the content of this announcement.</p>
</p>
<h4>About Chamet</h4>
<p>Chamet is a global live streaming and video chat platform. It offers live streaming, video chat, party rooms and feeds for social discovery. AI-powered real-time translation helps people talk across languages. Community guidelines, AI-assisted and human moderation, and in-app report and block tools support user safety. Learn more at  <u><a href="https://www.chamet.com/" class="social-media-link"><img decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/generic_link.png" width="24" height="24" data-no-lazy="1">https://www.chamet.com/</a></u>. </p>
<p> Chamet is owned and operated by FULIAO HONG KONG LIMITED (HK Fuliao), a Hong Kong-based technology company. HK Fuliao provides the development, localisation, content management, customer service and operations behind Chamet. Learn more at  <u><a href="https://www.hkfuliao.com/" class="social-media-link"><img decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/generic_link.png" width="24" height="24" data-no-lazy="1">https://www.hkfuliao.com/</a></u>. </p>
<p><img decoding="async" src="https://track.media-outreach.com/index.php/WebView/493474/125000" alt="" width="1" height="1" style="width:1px;height:1px;"></div>
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			</entry>
		<entry>
		<author>
			<name>Asia Insider</name>
					</author>

		<title type="html"><![CDATA[asia.storage Launches Asia&#8217;s First Self-Storage Comparison Platform Across 20+ Markets]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/asia-storage-launches-asias-first-self-storage-comparison-platform-across-20-markets/" />

		<id>https://asiainsiders.net/asia-storage-launches-asias-first-self-storage-comparison-platform-across-20-markets</id>
		<updated>2026-10-13T03:02:57Z</updated>
		<published>2026-10-13T01:10:00Z</published>
		<category scheme="https://asiainsiders.net" term="Media OutReach" /><category scheme="https://asiainsiders.net" term="Media Outreach" />
		<summary type="html"><![CDATA[Compare operators side by side — free for renters, zero commissions SINGAPORE – Media OutReach&#8230;]]></summary>

					<content type="html" xml:base="https://asiainsiders.net/asia-storage-launches-asias-first-self-storage-comparison-platform-across-20-markets/"><![CDATA[<div>
<h4><i>Compare operators side by side — free for renters, zero commissions</i></h4>
</p>
<p>SINGAPORE –  <a href="https://www.media-outreach.com/">Media OutReach Newswire</a> – 13 October 2026 – asia.storage today announced the launch of its self-storage comparison platform, covering 20+ Asian markets. While self-storage comparison efforts have existed in individual markets (Hong Kong, Japan), asia.storage is the first platform to aggregate and standardize facility listings across an entire continent. </p>
<p> Singapore&#8217;s rapid growth and dense urban environment leave individuals and businesses with chronically limited space. Self-storage has become essential infrastructure—enabling homeowners to optimize living space, helping small businesses scale without expensive warehouse leases, and supporting the broader economy by decoupling growth from real estate constraints. Yet accessing storage facilities has remained fragmented and inefficient, with no centralized way to compare options. </p>
<div>   The platform consolidates verified data from 750+ self-storage and valet-storage facilities operated by 100+ independent storage companies across 20+ markets, including Singapore, Vietnam, Thailand, Japan, South Korea, and Indonesia. Renters can compare facility pricing, available unit sizes, amenities, and location across operators in their chosen market. </div>
<div> </div>
<div>   <b>How it works:</b> </div>
<div> </div>
<div>   <b>For Renters:</b> Browse and compare facilities by price, size, and location. Facilities are ranked using verified Google reviews. Free to use, zero booking fees. </div>
<div>   <b>For Operators:</b> Claim your listing at no cost. Receive 3 qualified customer leads at launch—no commission, no subscription required. </div>
<div> </div>
<div>   <b>Verification: </b>Facility data is sourced directly from operator submissions and verified against publicly available information. Google review rankings are pulled from each facility&#8217;s verified Google Business Profile. </div>
<div> </div>
<div>   &#8220;<i>The self-storage market in Asia has historically been fragmented—renters have had to manually visit dozens of operator websites to compare options,</i>&#8221; said Lorenz Wagener, Creator and Managing Director of asia.storage. &#8220;<i>We&#8217;re building the infrastructure this market should have had years ago.</i>&#8221; </div>
<div> </div>
<div>   &#8220;<i>From an operator&#8217;s perspective, customer acquisition is scattered across multiple channels,</i>&#8221; added Lien Nguyen, General Manager of KingKho Hanoi, who manages listings and new facility onboarding for asia.storage. &#8220;<i>asia.storage centralizes that funnel. Renters get transparent choice, and we get qualified leads.</i>&#8221; </div>
<div> </div>
<div>   The platform is live and open for operator registrations at    <b><u><a href="https://asia.storage/sg?utm_source=asia-press-wire&amp;utm_medium=press_release&amp;utm_campaign=launch-sg">asia.storage</a></u></b>. </div>
<p>Hashtag: #asiastorage #selfstorage #ministorage #marketplace</p>
<p><a href="https://asia.storage/" class="social-media-link"><img decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/generic_link.png" data-rel="penci-gallery-image-content"  width="24" height="24" data-no-lazy="1">https://asia.storage</a><br /><a href="https://www.linkedin.com/company/asia-storage" class="social-media-link"><img loading="lazy" decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/iconmonstr-linkedin-1-24.png" width="24" height="24" data-no-lazy="1">https://www.linkedin.com/company/asia-storage</a><br /><a href="https://www.facebook.com/asiastorage" class="social-media-link"><img loading="lazy" decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/iconmonstr-facebook-1-24.png" width="24" height="24" data-no-lazy="1">https://www.facebook.com/asiastorage</a></p>
<p>The issuer is solely responsible for the content of this announcement.</p>
</p>
<h4>About asia.storage</h4>
<p><b><i>Asia&#8217;s first storage comparison platform</i></b>. Renters can compare 750+ verified facilities across 20+ Asian markets — side by side, ranked by real Google reviews, free to use for storage seekers. Built by people who have run self-storage facilities in Vietnam since 2018.</p>
<p><img loading="lazy" decoding="async" src="https://track.media-outreach.com/index.php/WebView/492753/125000" alt="" width="1" height="1" style="width:1px;height:1px;"></div>
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		<entry>
		<author>
			<name>Asia Insider</name>
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		<title type="html"><![CDATA[Singapore PM Wong rejects weaker currency as shortcut to competitiveness]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/singapore-pm-wong-rejects-weaker-currency-as-shortcut-to-competitiveness/" />

		<id>https://asiainsiders.net/singapore-pm-wong-rejects-weaker-currency-as-shortcut-to-competitiveness</id>
		<updated>2026-10-13T02:11:55Z</updated>
		<published>2026-10-13T00:39:36Z</published>
		<category scheme="https://asiainsiders.net" term="World" /><category scheme="https://asiainsiders.net" term="Asia Insider" /><category scheme="https://asiainsiders.net" term="Asia News" /><category scheme="https://asiainsiders.net" term="CNBC" />
		<summary type="html"><![CDATA[Singapore&#8217;s Prime Minister Lawrence Wong. Vincent Thian &#124; Afp &#124; Getty Images SINGAPORE — Singapore&#8230;]]></summary>

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<div class="InlineImage-imageEmbedCaption">Singapore&#8217;s Prime Minister Lawrence Wong.</div>
<div class="InlineImage-imageEmbedCredit">Vincent Thian | Afp | Getty Images</div>
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<p>SINGAPORE — Singapore Prime Minister Lawrence Wong pushed back against the idea of weakening the <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a href="https://www.cnbc.com/quotes/SGD=/">Singapore dollar</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> to boost competitiveness, saying the city-state must instead rely on its economic strengths even as a strong currency adds to costs for businesses.</p>
<p>Wong said Singapore could continue to expect a strong and stable currency if its economy performs well, emphasizing its role in containing imported inflation.</p>
<div style="height:100%" class="lazyload-placeholder"></div>
<p>&#8220;You&#8217;re surely not suggesting that we depress our exchange rate in order to be more competitive,&#8221; Wong said in a lighthearted exchange with DBS CEO Tan Su Shan at the bank&#8217;s Asia Future Forward Conference in Singapore on Monday.</p>
<p>His remarks came after Tan highlighted Singapore&#8217;s reputation as a safe haven, which has helped attract capital and support the local currency, while acknowledging that the city-state remains a relatively expensive place to do business.</p>
<p>&#8220;The MAS will exercise monetary policy independently. The Singapore dollar will reflect our economic fundamentals, and if the economy does well, then we can continue to expect a strong, stable Sing dollar that is anchored on fundamentals and will also help keep imported inflation down,&#8221; Wong said.</p>
<p>Unlike most major central banks, which primarily use interest rates to manage monetary conditions, the Monetary Authority of Singapore conducts policy through the exchange rate.</p>
<p>It manages the Singapore dollar against a basket of currencies belonging to the country&#8217;s major trading partners, allowing the exchange rate to fluctuate within an undisclosed policy band.</p>
<div style="height:100%" class="lazyload-placeholder"></div>
<p>The approach reflects Singapore&#8217;s heavy dependence on international trade and imports, making currency movements particularly important for domestic prices.</p>
<p>A stronger Singapore dollar helps cushion the cost of imported goods and services, particularly during periods of elevated global inflation. But it can also make Singapore-produced goods and services more expensive for overseas buyers, adding pressure on exporters.</p>
<p>The Singapore dollar has strengthened almost 0.4% against the greenback since the start of the year.</p>
<p>Wong acknowledged those trade-offs, saying businesses would have to account for currency strength alongside Singapore&#8217;s other operating costs.</p>
<p>&#8220;Companies that seek to export will have to factor that into the cost of doing business, together with the other costs that they experience in Singapore, as we all know, we are certainly not the cheapest location in Southeast Asia,&#8221; he said.</p>
</div>
<h2 class="ArticleBody-subtitle">Singapore strategy</h2>
<div class="group">
<p>Still, Wong argued that competing on price alone was not a viable strategy for Singapore, which must instead differentiate itself through its capabilities, stability and predictability.</p>
<p>&#8220;Companies are not looking for the cheapest locations,&#8221; he said. &#8220;They are looking for capabilities. They are looking for stability. They are looking for predictability.&#8221;</p>
<p>Wong also said Singapore could not compete on cost alone, and was instead developing broader industrial ecosystems linking multinational corporations, domestic suppliers, research capabilities and skilled workers.</p>
<p>Singapore&#8217;s competitiveness ultimately depended on the value it offered businesses rather than its relative cost advantage, he added.</p>
<p>&#8220;We have to again play to our strengths and compete on the basis of the value we bring to the table,&#8221; he said.</p>
</div>
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		<entry>
		<author>
			<name>Asia Insider</name>
					</author>

		<title type="html"><![CDATA[Fischer Etablishes New Malaysian Subsidiary, Reinforcing Its Commitment to Customers Across Malaysia]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/fischer-etablishes-new-malaysian-subsidiary-reinforcing-its-commitment-to-customers-across-malaysia/" />

		<id>https://asiainsiders.net/fischer-etablishes-new-malaysian-subsidiary-reinforcing-its-commitment-to-customers-across-malaysia</id>
		<updated>2026-10-13T03:02:57Z</updated>
		<published>2026-10-13T00:30:00Z</published>
		<category scheme="https://asiainsiders.net" term="Media OutReach" /><category scheme="https://asiainsiders.net" term="Media Outreach" />
		<summary type="html"><![CDATA[PETALING JAYA, MALAYSIA – Media OutReach Newswire – 13 October 2026 – Having served customers&#8230;]]></summary>

					<content type="html" xml:base="https://asiainsiders.net/fischer-etablishes-new-malaysian-subsidiary-reinforcing-its-commitment-to-customers-across-malaysia/"><![CDATA[<div>PETALING JAYA, MALAYSIA –  <a href="https://www.media-outreach.com/">Media OutReach Newswire</a> – 13 October 2026 –  <b>Having served customers in Malaysia with German-engineered solutions and services for more than a decade, fischer has now established a local subsidiary to provide more tailored solutions and enhanced customer support throughout the entire project lifecycle—from planning and design through to construction and completion.</b> </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://release.media-outreach.com/release.php/Images/821900/Fischer-Team-Showroom-Portrait.png" alt="Fischer Malaysia members at the office" width="100%" style="width: 100%;margin: 0px"><figcaption class="" style="text-align: left;font-size: 16px;line-height: 24px;display: block;margin: 0px;width: 100%">
<div align="left" style="margin-top: 16px;text-align: start">       <i>Fischer Malaysia members at the office</i>     </div>
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<p> Over the past decade, fischer has contributed to significant projects across Malaysia, spanning a broad spectrum of sectors, including Infrastructure &amp; Institutional Facilities, Commercial &amp; Residential Developments, Hotels &amp; Hospitality, Healthcare, Industrial &amp; Manufacturing and Data Centres. </p>
<p> The establishment of fischer Malaysia marks the Group&#8217;s 53rd operating subsidiary worldwide and its third operating subsidiary in Southeast Asia, further reinforcing fischer&#8217;s growing presence across Singapore, Thailand, Vietnam, Indonesia, and the Philippines. This strategic expansion reflects fischer&#8217;s long-term commitment to Southeast Asia and strengthens its ability to deliver globally proven expertise, innovative solutions, and market-relevant support tailored to the needs of customers across the region. </p>
<p> Allen Heng, Country Manager of fischer Malaysia commented: &#8220;The opening of Malaysia Subsidiary marks an important milestone in our growth journey, strengthening our presence and enabling us to better serve our customers and partners while creating new opportunities for sustainable growth in the market.&#8221; </p>
<p> <b><u> Company Information</u></b> <br /> Fischer Systems Malaysia Sdn Bhd <br /> Address: D-5-03 Block D, Oasis Square, 2, Jalan PJU 1A/7, Ara Damansara, 47301 Petaling Jaya, Selangor, Malaysia <br /> Phone: +6017-370 0118 <br /> Email: inquiry@fischer.my <br /> Website: https://www.fischer.sg/en-sg/southeast-asia/malaysia <br /> Website Southeast Asia: https://www.fischer.sg/en-sg </p>
<p>Hashtag: #fischer #fischerMalaysia #BusinessExpansion #ASEANExpansion #MalaysiaBusiness #ConstructionIndustry #StructuralEngineering #BuildingMaterials #DfMA #Prefabrication</p>
<p><a href="https://www.fischer.sg/en-sg" class="social-media-link"><img loading="lazy" decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/generic_link.png" data-rel="penci-gallery-image-content"  width="24" height="24" data-no-lazy="1">https://www.fischer.sg/en-sg</a><br /><a href="https://www.linkedin.com/company/fischer-sea-official/" class="social-media-link"><img loading="lazy" decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/iconmonstr-linkedin-1-24.png" width="24" height="24" data-no-lazy="1">https://www.linkedin.com/company/fischer-sea-official/</a><br /><a href="https://www.facebook.com/fischer.sea.official/" class="social-media-link"><img loading="lazy" decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/iconmonstr-facebook-1-24.png" data-rel="penci-gallery-image-content"  width="24" height="24" data-no-lazy="1">https://www.facebook.com/fischer.sea.official/</a><br /><a href="https://www.instagram.com/fischer_southeastasia/" class="social-media-link"><img loading="lazy" decoding="async" style="margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px" src="https://release.media-outreach.com/Release/templates/images/socialMedia/resize-instagram-24.png" width="24" height="24" data-no-lazy="1">https://www.instagram.com/fischer_southeastasia/</a></p>
<p>The issuer is solely responsible for the content of this announcement.</p>
</p>
<h4>About Fischer Systems Malaysia Sdn Bhd</h4>
<p>Building on over a decade of delivering certified fixing solutions for major projects in Malaysia, the company reinforces its commitment to the local construction sector. Leveraging German engineering, the company specializes in high-performance Chemical Fixings, Steel Fixings, FireStop Systems, Cast-In-Channel technologies, and more—providing contractors and structural engineers with full compliance, fast installation, and dedicated technical support. </p>
<div>   <b>About fischer Group of Companies</b> </div>
<div>   The fischer Group of Companies, founded in 1948, headquartered in Waldachtal in Germany&#8217;s northern Black Forest, generated sales of 1.05 billion euros in 2025 with a worldwide staff of 4,800 employees. The family-owned company runs 53 operational companies worldwide and exports to about 120 countries. It includes the four divisions fischer fixing systems, fischertechnik, fischer Consulting and fischer Electronic Solutions. </div>
<div> </div>
<div>   Online: www.fischer.group </div>
<p><img loading="lazy" decoding="async" src="https://track.media-outreach.com/index.php/WebView/492865/125000" alt="" width="1" height="1" style="width:1px;height:1px;"></div>
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		<entry>
		<author>
			<name>Asia Insider</name>
					</author>

		<title type="html"><![CDATA[CNBC&#8217;s The China Connection newsletter: How a gold-buying spree helps the yuan go global]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/cnbcs-the-china-connection-newsletter-how-a-gold-buying-spree-helps-the-yuan-go-global/" />

		<id>https://asiainsiders.net/cnbcs-the-china-connection-newsletter-how-a-gold-buying-spree-helps-the-yuan-go-global</id>
		<updated>2026-10-13T02:11:58Z</updated>
		<published>2026-10-12T23:00:01Z</published>
		<category scheme="https://asiainsiders.net" term="World" /><category scheme="https://asiainsiders.net" term="Asia Insider" /><category scheme="https://asiainsiders.net" term="Asia News" /><category scheme="https://asiainsiders.net" term="CNBC" />
		<summary type="html"><![CDATA[Gold jewelry sold at a counter in the gold jewelry area of a large shopping&#8230;]]></summary>

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<div class="InlineImage-imageEmbedCaption">Gold jewelry sold at a counter in the gold jewelry area of a large shopping mall in Xi&#8217;an, Shaanxi Province, China on September 29, 2026.</div>
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<p><em>Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I&#8217;m seeing and hearing from local businesses.</em></p>
<p><a href="https://www.cnbc.com/2026/10/12/china-gold-buying-interest-rate-.html"><em>Buying gold every month</em></a><em> for nearly two years is just part of China&#8217;s plan to narrow a gap with the U.S. on holdings of the precious metal. What does that do to the yuan?</em></p>
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<h2 class="ArticleBody-subtitle">The big story</h2>
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<p>China&#8217;s decades-long push for yuan internationalization is getting a lift from the buildout of Hong Kong as a gold trading center — denominated in the Chinese currency.</p>
<p>&#8220;As those trading volumes grow, there would be a growing volume of the physical gold trade that is denominated in RMB and not linked in USD,&#8221; said Charles Chang, managing director and Greater China country lead for corporate ratings at S&amp;P Global Ratings.</p>
<p>The Chinese yuan, also known as the renminbi, accounts for a fraction of international transactions in a global financial system dominated by the U.S. dollar. Analysts I spoke with don&#8217;t expect major changes to that dynamic anytime soon, but Beijing&#8217;s gold purchases and Hong Kong trading platform are just the latest steps toward supporting greater use of the yuan globally.</p>
<p>&#8220;The challenge with internationalizing the RMB it&#8217;s somewhat more challenging to find places where you can use the RMB,&#8221; Chang said. &#8220;In terms of gold particularly, if the RMB that the buyer receives can be converted to gold, then it gives more channels for the spending to be done.&#8221;</p>
<p>Hong Kong, home to one of the world&#8217;s largest stock exchanges, last month confirmed its efforts to <a href="https://www.hk5yplan.gov.hk/2026-2030/public/pdf/plan/Part2_en.pdf" target="_blank">develop a yuan-denominated gold market</a>.</p>
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<p>In a major move last year, the special administrative region of China <a href="https://www.news.gov.hk/eng/2025/06/20250626/20250626_173539_352.html" target="_blank">linked its gold vault with one in Shanghai</a>, allowing physical gold delivery to international institutions in Hong Kong denominated in yuan.</p>
<p>Over the next three years, Hong Kong plans to expand the capacity of its Shanghai-linked gold vault from <a href="https://www.info.gov.hk/gia/general/202411/06/P2024110600218.htm" target="_blank">150 tonnes</a> to <a href="https://www.info.gov.hk/gia/general/202607/07/P2026070700223.htm" target="_blank">over 2,000 tonnes</a>, S&amp;P&#8217;s Chang pointed out.</p>
<p>That&#8217;s nearly as large as all <a href="https://www.gold.org/goldhub/data/gold-reserves-by-country" target="_blank">the gold reserves in China</a>, he added. &#8220;If Hong Kong is able to complete this transaction, then it would become of the largest gold trading centers in the world.&#8221; </p>
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<h2 class="ArticleBody-subtitle">U.S. dollar challenge</h2>
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<p><a href="https://www.gold.org/goldhub/data/gold-reserves-by-country" target="_blank">The U.S. still has the largest gold reserves</a> in the world at over 8,100 tonnes, according to World Gold Council figures for the second quarter. China held about one-third of that at over 2,300 tonnes. </p>
<p>&#8220;China&#8217;s 23-month gold buying streak reinforces the credibility of the renminbi&#8217;s internationalization drive,&#8221; said Hao Zhou, head of research and chief economist at Guotai Junan International in Hong Kong.</p>
<p>&#8220;By steadily increasing gold reserves, Beijing is strengthening the long-term backing of its financial system and reducing reliance on dollar-denominated reserve assets,&#8221; he said. &#8220;While gold alone will not determine the RMB&#8217;s global role, it enhances confidence in the currency and supports broader efforts to expand its use in trade, investment and official reserves.&#8221;</p>
<p>Gold accumulation by China and other countries&#8217; central banks will help reduce global reliance on U.S. Treasurys and U.S. dollar reserves, said Xia Yingying, head of the precious metals and new energy research group, at Hangzhou-based Nanhua Futures. That&#8217;s according to a CNBC translation of the Chinese.</p>
<p>&#8220;This will suppress the U.S. dollar&#8217;s premium from being a core reserve currency, and raise the risk premium associated with the dollar regarding credit, fiscal policy and sanctions,&#8221; Xia said. &#8220;In the medium to-long-term it will gradually weaken the U.S. dollar&#8217;s monopolistic position in the global reserve system.&#8221;</p>
<p>China&#8217;s growing gold purchases, however, also come as U.S. Treasury Secretary Scott Bessent on Friday named <a href="https://www.cnbc.com/2026/10/09/judy-shelton-scott-bessent-treasury.html">gold-standard supporter Judy Shelton</a> as a <a href="https://www.politico.com/news/2026/10/09/judy-shelton-treasury-china-01113453" target="_blank">senior advisor focused on China</a>.</p>
<p>The Asian economy&#8217;s rise as a manufacturing powerhouse <a href="https://www.omfif.org/2021/08/renminbis-rise-50-years-after-the-dollar-gold-shock/" target="_blank">benefited</a> from the U.S. decision to abandon the <a href="https://www.investopedia.com/terms/b/brettonwoodsagreement.asp" target="_blank">gold standard</a> more than 50 years ago. &#8220;With the delinking of the dollar and gold, and the consequent rise in the oil price, western manufacturing became less economic, and <a href="https://www.omfif.org/2021/08/renminbis-rise-50-years-after-the-dollar-gold-shock/" target="_blank">capital went to Asia</a> in search of cheap labor and overall lower costs,&#8221; wrote the central bank research group OMFIF in 2021.</p>
<p>While China is the largest consumer and producer of gold, it is just one of many developing economies that has expanded its reserves since 2022, according to S&amp;P. The World Gold Council showed <a href="https://www.gold.org/goldhub/data/gold-reserves-by-country" target="_blank">Poland has increased its gold reserves</a> by more tonnes than China.</p>
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<h2 class="ArticleBody-subtitle">Going to the source</h2>
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<p>The trend goes beyond financial transactions. Like with rare earths, Beijing&#8217;s gold ambitions start with control of some of the product.</p>
<p>China has acquired major gold mines across Latin America, Africa and Asia, according to S&amp;P Global Ratings. </p>
<p>&#8220;China&#8217;s plans for gold and its activities in gold are comprehensive and long lasting. These trends are going to be in place for a number of years,&#8221; Chang said.</p>
<p>&#8220;The comprehensive nature of this,&#8221; he said, &#8220;is something that markets often miss.&#8221;</p>
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<h2 class="ArticleBody-subtitle">Need to know</h2>
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<p><strong>DeepSeek considers doubling latest funding round to up to $15 billion, sources say</strong></p>
<p>China&#8217;s DeepSeek is considering expanding its latest funding round to as much as 100 billion yuan ($14.9 billion), <a href="https://www.cnbc.com/2026/10/06/deepseek-funding-round.html">double its earlier target,</a> with state-backed funds and corporate investors jostling for stakes, people familiar with the matter told CNBC. AI startup Manus raises $500 million from IDG Capital and others, indicating <a href="https://www.cnbc.com/2026/10/08/manus-fund-raise-meta-muse-tencent.html">investors aren&#8217;t deterred</a> by Beijing&#8217;s unprecedented order to block Meta&#8217;s short-lived $2 billion acquisition.</p>
<p><strong>China and Europe agree to halve Chinese hybrid vehicle exports</strong></p>
<p>European trade commissioner Maroš Sefčovič said Friday that <a href="https://www.cnbc.com/2026/10/09/china-europe-hybrid-vehicle-exports-deal.html">China has agreed to halve its exports</a> of hybrid cars to the bloc. China&#8217;s auto market is on track for its worst year since 2021, with <a href="https://www.cnbc.com/2026/10/08/huawei-china-smartphone-ev-slow.html">sales down by more than 20%</a> over roughly the first three quarters of the year, according to China Passenger Car Association data as of Sept. 27. </p>
<p><strong>After a yearslong slump, China&#8217;s real estate market may be set for a turnaround</strong></p>
<p>Residential real estate prices <a href="https://www.cnbc.com/2026/10/08/chinas-real-estate-market-may-be-set-for-a-turnaround-sp-says.html">may hit a bottom in the third quarter of 2028</a>, S&amp;P Global Ratings said. It added that prices in China&#8217;s largest cities, such as Beijing and Shanghai, will likely recover as soon as next year.</p>
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<h2 class="ArticleBody-subtitle">Coming up</h2>
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<p>Oct. 14: CPI, PPI; trade data</p>
<p>Oct. 19: Q3 GDP, retail sales, industrial production, fixed-asset investment</p>
<p>Oct. 19 &#8211; 22: Financial Street Forum in Beijing; Bund Summit in Shanghai</p>
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<p> Source: <a href="https://cnbc.com">CNBC</a></p>
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			</entry>
		<entry>
		<author>
			<name>Asia Insider</name>
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		<title type="html"><![CDATA[ugee maker Launches: A Curated, AI-Powered, Kid-Friendly 3D Printing Community for Families and 3D Printing Beginners]]></title>
		<link rel="alternate" type="text/html" href="https://asiainsiders.net/ugee-maker-launches-a-curated-ai-powered-kid-friendly-3d-printing-community-for-families-and-3d-printing-beginners/" />

		<id>https://asiainsiders.net/ugee-maker-launches-a-curated-ai-powered-kid-friendly-3d-printing-community-for-families-and-3d-printing-beginners</id>
		<updated>2026-10-12T23:31:40Z</updated>
		<published>2026-10-12T16:00:00Z</published>
		<category scheme="https://asiainsiders.net" term="Business" /><category scheme="https://asiainsiders.net" term="PR Asia" /><category scheme="https://asiainsiders.net" term="PR Newswire" />
		<summary type="html"><![CDATA[HONG KONG, Oct. 13, 2026 /PRNewswire/ &#8212; The consumer 3D printing industry has developed rapidly,&#8230;]]></summary>

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<p><span class="legendSpanClass">HONG KONG</span>, Oct. 13, 2026 /PRNewswire/ &#8212; The consumer 3D printing industry has developed rapidly, placing high-speed, reliable desktop manufacturing hardware into hundreds of thousands of homes. Hardware has become faster and more affordable. However, the community ecosystem still leaves beginners stranded. Today&#8217;s households face a frustrating dilemma: technical communities that lack safety and guidance for young beginners, or family-friendly platforms accessible only by buying a specific brand&#8217;s hardware.</p>
<p><a href="https://ugeemaker.s.gy/TvMp4i" target="_blank" rel="nofollow" style="color: #0000FF"><b>ugee maker</b></a> introduces a third, easy-to-use, family-friendly option designed for parents, kids, and beginners. This community provides a collaborative space for shared creativity and discovery—allowing parents to explore curated, high-quality models and guide their kids through hands-on design, while giving newcomers a seamless, barrier-free entry into the world of 3D printing.</p>
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<p><a href="https://asiainsiders.net/wp-content/uploads/2026/10/ugee-maker-launches-a-curated-ai-powered-kid-friendly-3d-printing-community-for-families-and-3d-printing-beginners.jpg" data-rel="penci-gallery-image-content"  target="_blank" style="color: #0000FF"><img decoding="async" src="https://asiainsiders.net/wp-content/uploads/2026/10/ugee-maker-launches-a-curated-ai-powered-kid-friendly-3d-printing-community-for-families-and-3d-printing-beginners.jpg" title="ugee maker" alt="ugee maker" /></a><br /><span>ugee maker</span></p>
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<p><b>Curated &amp; Print-Ready: A 3D Model Library You Can Trust</b></p>
<p>For novice makers, failed prints stemming from faulty 3D files are often the single biggest source of frustration. ugee maker eliminates this hurdle with a meticulously curated model library. Every official ugee file is professionally pre-tested and validated to ensure smooth, reliable printing across virtually all consumer-grade 3D printers. The library is built on <span id="spanHghlt64b2">three</span> pillars: Seed Builds, where officially tuned and validated models serve as the foundation for hassle-free printing; User Model Uploads, encouraging the community to share original creations; and Artist Models, developed in collaboration with professional artists to deliver high-aesthetic designs.</p>
<p>Unlike massive public repositories whose unvetted catalogs require tedious searching and risk exposing families to unmoderated content or overly complex designs, ugee maker delivers a strictly moderated, kid-safe 3D model library. With weekly official releases alongside standout contributions from global creators, the catalog offers endless inspiration—ranging from interactive playsets and seasonal projects to STEM-focused models. All designs are packaged in universal STL format, delivering a truly guesswork-free printing experience.</p>
<p>ugee maker model library does not exist in isolation—it is deeply integrated with the broader ugee ecosystem. The ugee ufun app has already provided users worldwide with a convenient mobile management experience and built a sizable community of families and young makers. Building on this foundation, ugee maker further strengthens moderation mechanisms and expands content categories, offering users more exquisite and immersive model choices. Users can browse and select models through ugee maker, download them to ugee ufun, and print them via the <a href="https://ugee.s.gy/Uo2HPZ" target="_blank" rel="nofollow" style="color: #0000FF">ugee Funbox</a> 3D printer—creating a seamless journey from inspiration discovery and model selection to finished output.</p>
<p><b>AI-Driven, Fun, and Customizable: How&nbsp;CreateLab Inspires Next-Gen Makers</b></p>
<p>Recognizing that conventional parametric CAD software alienates younger learners and novices, ugee maker introduces Create Lab. It turns 3D creation into an engaging, gamified experience—requiring zero prior CAD or 3D modeling experience. Through a suite of playful, intuitive tools, CreateLab nurtures children&#8217;s spatial reasoning, problem-solving skills, and creativity from day one.</p>
<p>A standout feature is &quot;AI Magic,&quot; powered by a strategic partnership with leading generative 3D platform Meshy AI. Children can simply sketch their wildest ideas—from dinosaurs and mythical monsters to spaceships—and upload their images to CreateLab, which automatically transforms the doodles into print-ready 3D model files. This creates an open-ended creative workflow that brings children&#8217;s drawings to life as physical objects on any standard 3D printer.</p>
<p>Meanwhile, &quot;Fun Playground&quot; , uses a modular drag-and-drop interface, this mode allows users to assemble and personalize ready-to-use models. In themed experiences like &quot;Garden World,&quot; kids can freely select and position flowers to design their dream garden. This hands-on interaction helps children naturally grasp foundational concepts such as 3D coordinate space and volume—delivering an approachable, edutainment-driven entry point into the 3D world.</p>
<p><b>Kid-Friendly and Parent-Approved: A Design That Welcomes Everyone</b></p>
<p>ugee maker is built from the ground up with young makers and their parents in mind. The platform features a child-friendly interface with playful UI design, colorful banners, and intuitive icons that make navigation effortless for even the youngest users. Core actions—such as importing a model and sharing a creation—are kept as simple as possible, with preset text options and cute emojis that lower the barrier for kids and parents to comment and engage. For first-time users, a dedicated onboarding guide and a comprehensive support center provide step-by-step tutorials, technical Q&amp;A, and FAQs, ensuring that both kids and parents can get started with confidence and ease. Every detail is designed to make 3D printing feel approachable, safe, and fun for the whole family.</p>
<p><b>Launching Events and Future Outlook</b></p>
<p>ugee maker is officially live with an exclusive $1,000 prize giveaway! Users who <a href="https://ugeemaker.s.gy/TvMp4i" target="_blank" rel="nofollow" style="color: #0000FF">sign up for a ugee maker account</a> will be entered into the lucky draw for a chance to win!</p>
<p>Looking ahead, ugee maker will continue to expand its beginner-first ecosystem. The platform&#8217;s roadmap includes an expanded suite of design tools within CreateLab, an interactive &quot;Maker Square,&quot; a technical Q&amp;A forum, a points-and-rewards system to incentivize uploads, and recurring 3D printing challenges with prizes.</p>
<p><b>About&nbsp;ugee</b></p>
<p>A global creative hardware enterprise distributing products across 100+ nations, ugee focuses on digital art equipment and educational STEM tools, extending its layout from drawing tablets to household 3D printing to fuel children&#8217;s hands-on creativity.</p>
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