APAC News
Cobalt Refinery Project Update
In response to evolving market conditions, we have refined several key project parameters—most notably our feedstock sources, product mix (cobalt sulphate + cobalt metal), and underlying economic assumptions. These revisions have delivered a substantial improvement in the Project’s base-case (Stage 1) financial outcomes: NPV8 (post tax): increased from A$90m to A$155m IRR (post tax): increased from 23% to 32% Total free cashflow: increased from A$367m to A$503m We also provide a detailed analysis of cobalt market dynamics, highlighting a materially improved operating environment for refining.
Jetstar offers Qantas Frequent Flyers a new way to supercharge their earning power
“We Are Here WITH You” – How Berjaya Sompo is Demystifying Insurance Claims for MSMEs
Mandarin Oriental Hyde Park, London Unveils 'The Jewel of the Season With De Beers London' – A Celebration of Unseen Craftsmanship This Festive Season
- November 20, 2025Business
Frasers Property Thailand achieves local and international sustainability benchmarks
Frasers Property (Thailand) Public Company Limited, or “FPT” has reaffirmed its sustainability leadership in Thailand’s real estate sector by attaining two prestigious Thai and international sustainability standards. The achievements reflect the company’s tangible progress and steadfast commitment to integrating ESG (Environmental, Social, and Governance) considerations into its business while continuously advancing its operations. This year, FPT received the highest 5-Star “Excellent” rating for the sixth consecutive year in the Corporate Governance Report of Thai Listed Companies (CGR), conducted by the Thai Institute of Directors (IOD) with support from The Stock Exchange of Thailand (SET) and the Securities and Exchange Commission, Thailand (SEC). FPT’s recognition demonstrates its outstanding governance practices along four categories evaluated: Rights and Equitable Treatment of Shareholders, Role of Stakeholders and Business Sustainability, Disclosure and Transparency, and Board Responsibilities. Concurrently, FPT participated in the GRESB Real Estate Assessment, a widely recognised international benchmark for evaluating and reporting the sustainability performance of the real estate sector. The company achieved the highest ‘A’ rating for sustainability disclosure and was awarded the GRESB Green Star in both the Standing Investments and Development Projects categories. The assessment criteria comprehensively cover both the management policy and the performance results in sustainability, including promoting the use of environmentally friendly construction materials, efficient natural resource management, risk management, building certification, and stakeholder engagement, among others. FPT’s local and international recognition underscores the robust efforts of FPT as an integrated real estate platform to integrate ESG considerations while driving stable growth across its residential, industrial, and commercial businesses. Furthermore, it reflects the company's commitment to elevating sustainability practices across all business units, creating long-term value, and fostering trust among all stakeholders.
- November 20, 2025Business
Delta and Siemens to Complement their Power Solutions to Help Customers Cut Data Center Deployment Time, Costs, and Carbon Emissio
Delta, a global leader in power management and smart green solutions, and Siemens Smart Infrastructure have formalized a global partnership to deliver prefabricated, modular power solutions designed to accelerate the deployment of data center infrastructure , while significantly reducing CAPEX. The partnership will ensure hyperscale and colocation operators enjoy a strategic advantage in the competitive AI and cloud computing data center market, with the highest performance in power management and reliability. Victor Cheng, CEO of Delta Electronics (Thailand) said, "The fast-growing AI trend requires dynamic collaboration with partners, a core of Delta’s long-term strategy. Hosting this agreement signing in Thailand reinforces the strategic importance of our global manufacturing and integration capabilities. By activating our integration hubs across APAC and EMEA, we are bringing a transformative solution to the market: a prefabricated, modular solution that ensures fast, localized delivery, enhanced project certainty, and accelerated time-to-market for new capacity.” "Our partnership with Delta represents an important milestone for data center construction in the world's fastest-growing markets," said Stephan May, CEO of Electrification & Automation at Siemens Smart Infrastructure . "By combining Siemens' electrical power distribution and engineering services with Delta's high-efficiency UPS, battery and cooling offerings, together we are delivering a prefabricated, customizable solution that can drastically cut time-to-market by up to half. This approach also lowers construction risk with better predictability, while enhancing energy efficiency and supporting the long-term sustainability goals of our customers.” Jimmy Yiin, Executive Vice President of Global Business Operations, Delta Electronics, Inc., said, "Delta's commitment to energy efficiency is foundational to this agreement. By leveraging our expertise in power solutions from grid to chip, which enables us to architect the system closer to the critical load, our Uninterruptible Power Supply (UPS), batteries, and advanced thermal management technologies are uniquely designed for the high-density demands of the AI era. Working with Siemens allows us to further expand the reach of our cutting-edge, energy-saving solutions rapidly through a single, globally supported supply chain across EMEA and APAC.” The core of the agreement centers on the delivery of prefabricated, integrated containerized power solutions (SKIDs, eHouses) . By prefabricating and pre-testing these modular power systems off-site with an optimized layout, the solution provides a standardized, plug-and-play approach that reduces time-to-market by up to 50%, lowers construction risk, and maximizes valuable data center square footage. The efficient design can provide up to 20% CAPEX reduction and up to 27% lower carbon emissions by using less concrete in the space-optimized layout. Siemens and Delta are committed to leveraging partnerships which complement their expertise and portfolio to create the best outcomes for their customers. By connecting the dots between major players across the value chain, this partner ecosystem approach fosters innovation and encourages the interoperability required to solve the worlds’ greatest challenges.
- November 20, 2025Games & Entertainment
Aussies all aboard with Home and Away
One of the most dramatic disasters in Home and Away ’s 38-year history gripped audiences on Seven and 7plus last night, capping off a year of impressive audience growth for Australia’s favourite drama. Across the 2025 season, more than three million Australians tuned in each week. Each episode had an average total TV audience of 965,000, up 5% year-on-year. Home and Away is the most consumed show on 7plus across live and on-demand, with an average of 231,000 viewers per episode – up 33% year-on-year. Year-on-year audience growth was recorded across all key demographics, including people aged 16 to 39 (up 6%) 25 to 54 (up 7%) and grocery shoppers (up 6%). Last night’s movie-length final episode, which featured a deadly train derailment, reached more than 1.4 million Australians, with an average national total TV audience of 801,000 – up 1% on last year. More than 179,000 people watched on 7plus , up 73% year-on-year. Seven’s Director of Content, Scripted, Julie McGauran, said: “ Home and Away reaches more than three million Australians every week, and is rapidly growing its audience among younger demographics and on 7plus. “The show’s enduring popularity is a testament to the incredible cast and crew who produce 230 episodes every year, delivering quality Australian drama that resonates deeply with our audiences. “ Home and Away fans are in for a big start to 2026, with the fate of many of Summer Bay’s favourite residents hanging in the balance, and the highly anticipated return of Brax and Ricky through our Western Australian special event, made in partnership with Tourism Western Australia,” she said. Seven’s National Television Sales Director, Katie Finney, said: “ Home and Away has been a cornerstone of Australian television for 38 years and remains must-watch viewing every night at 7.00pm, following Australia’s #1 news program, 7NEWS . “With audiences up 5% year-on-year, including an incredible 33% increase on 7plus, Home and Away offers brands an unrivalled platform to connect with consumers in a trusted environment. Whether viewers are binge-watching episodes back-to-back on 7plus or tuning in live each night, the engagement is unmatched. “ Home and Away ’s enduring popularity is driven by powerful storylines that reflect Australian culture and tackle social issues that resonate with households across the country, and it’s where brands are showing up in 2026,” she said. Home and Away returns at 7.00pm on Monday, 19 January 2026 on Seven and 7plus . For more information, please contact: Kaycie Bradford Communications Director, Corporate M: 0400 002 664 E: [email protected] Jason Antill Communications Specialist M: 0452 343 661 E: [email protected] About the Seven Network The Seven Network is part of Seven West Media (ASX: SWM), one of Australia’s most prominent media companies, with a market-leading presence across broadcast television, publishing and digital. The Seven Network alone reaches 17.5 million people a month. Seven West Media owns some of Australia’s most renowned media businesses and platforms, including the Seven Network and its affiliate channels 7two, 7mate, 7flix and 7Bravo; 7plus; 7NEWS.com.au; The West Australian ; The Sunday Times ; PerthNow; The Nightly ; and Streamer . The Seven Network is home to Australia’s most loved news, sport and entertainment programming, including 7NEWS , 7NEWS Spotlight , Sunrise , The Morning Show , The Voice , Home and Away , Australian Idol , My Kitchen Rules , Farmer Wants A Wife , The Chase Australia , Better Homes and Gardens , The 1% Club , The Front Bar and the TV WEEK Logie Awards . The Seven Network is also the broadcast partner of the AFL, Cricket Australia, Supercars, the 2026 Rugby League World Cup and the Glasgow 2026 Commonwealth Games . Source: VOZ 5.0 National Total TV Average Audience, Total Reach, Consolidated 7. Last 7 Days Overnight. First Runs Only (excluding encores). ‘Most consumed show across 7plus refers to TTL streaming minutes by series for 2025 to date
- November 20, 2025Business
St Barbara Limited : Presentations to 2025 Annual General Meeting
CHAIR’S ADDRESS 2025 Annual General Meeting, 20 November 2025 The 2025 financial year saw continued progress on our Simberi and Atlantic growth projects, alongside the successful extension of oxide processing at Simberi to maintain business continuity until the transition to sulphide ore. In preparing this year’s address, I reflected on the substantial momentum achieved across our two major development opportunities: the Simberi Expansion Project in Papua New Guinea and the 15-Mile Processing Hub in Nova Scotia. Both projects represent significant value potential, and our ongoing study and early-works programs, together with permitting improvements in Nova Scotia, have materially strengthened the platform from which we will make critical decisions in FY26. During FY25, our focus has been to take a disciplined approach to assessing our strategic and funding options with regard to these two projects and to retain optionality on them and on delivering value for our shareholders and stakeholders. When undertaking a strategic portfolio review earlier in the year and as announced, one option we pursued was the possible separation of the Atlantic assets from the broader St Barbara group. However, as the year progressed, with improving permitting environment and government support in Nova Scotia, no proposal was received that reflected the level of future value we believe the 15-Mile Processing Hub can deliver for our shareholders. Encouragingly, the permitting environment and government support for responsible resource development in Nova Scotia improved markedly during the year and has continued to do so into FY26. This shift positions St Barbara to continue advancing development of the 15-Mile Processing Hub. At Simberi the scale, quality, and long-life potential of the Simberi Expansion Project has attracted unsolicited interest. As a result, and ahead of formal funding discussions, the Board is evaluating strategic alternatives for the project that could best support the pathway to a Final Investment Decision and deliver greater value to shareholders. Several parties are in advanced due diligence, which may or may not lead to a potential transaction. People and Safety Safety remains our highest priority. The re-launch of the Safety Always program in FY25 significantly improved safety performance at Simberi. Our Total Recordable Injury Frequency Rate fell from 4.1 at the end of FY24 to 1.1 at the end of FY25, and continued its downward trend to 0.2 by the end of the September quarter FY26. Simberi Expansion Project A key strategic objective for the year was the completion of the Pre- Feasibility study on the Simberi Expansion Project, which confirmed over 200,000 ounces per annum with life of mine plan extending to 13 years based on Proven and Probable Ore Reserves. Of note we advanced a key permitting milestone by lodging the early renewal of the Simberi Mining Lease, seeking to extend the mine life from 2028 to 2038. In the first quarter of FY26 the Mining Advisory Committee recommended granting the extension to the Mining Lease, and the matter has been formally submitted to the Mining Minister for approval and we await the final decision. 15 Mile Processing Hub In Nova Scotia, we advanced the 15-Mile Processing Hub Concept Study, which confirmed strong project economics as well as a dramatically reduced environmental disturbance. In addition, we continued the assessment of pumpedhydro and solar-generation opportunities at Touquoy. Operational Performance Throughout FY25, Simberi focused on maintaining business continuity and achieving operating break-even cash flow ahead of the expansion. This strategy reduces risk, strengthens operational readiness, and avoids disruption for our workforce, communities, and landowner partners. Simberi produced 51,168 ounces of gold at an All-in Sustaining Cost (AISC) of A$4,582 per ounce, meeting revised guidance. Gold sales totalled 48,354 ounces at an average realised price of A$4,428 per ounce. In Nova Scotia, we progressed the reclamation activities at the Touquoy mine and gold sales from the decommissioning of the Touquoy processing plant were 3,515 ounces at an average realised price of A$4,280 per ounce. The improved permitting conditions in Nova Scotia have continued into FY26, supporting our recent announcement of a potential re-opening of the Touquoy processing plant to process stockpiles remaining on surface after the closure in 2023. Investing for the Future A key theme for FY25 was to invest for the future and we invested A$78 million in growth capital during the year to advance the development projects in both regions. At Simberi, this included pre-expansion work such as camp expansion, installation of the new sizer, ordering the new 5.8 MW ball mill, haul-road design, geotechnical drilling, and mobile-fleet additions – key drivers behind the capital raise that we undertook in the first half of FY25. In Nova Scotia, capital supported the study work for the 15-Mile Processing Hub and the energy-storage and solargeneration opportunities at Touquoy. St Barbara ended FY25 with A$67 million in cash (excluding restricted cash of A$89 million) and A$25 million in listed investments. Early in FY26, we completed a A$58 million institutional placement – introducing new shareholders and broadening the register – to support ongoing pre-expansion works at Simberi and continued evaluation of the stockpile processing at Atlantic. Looking Ahead Our FY26 strategy focuses on advancing Simberi and Atlantic to decision points that maximise shareholder value. For Simberi, any corporate interest must be carefully weighed against our ability to fund and progress the expansion independently. Oxide production at Simberi will continue under our business-continuity strategy, targeting operating break-even cash flow. FY26 guidance for Simberi is 54,000–70,000 ounces of gold at an AISC of A$4,000–A$4,400 per ounce. The Simberi Expansion Feasibility Study is nearing completion, with outcomes expected this quarter. Work continues on long-lead procurement items, finalising Conservation and Environmental Protection Authority permit conditions, and completion of the camp expansion. A Final Investment Decision is now targeted for Q3 FY26. In Nova Scotia, the Pre-Feasibility Study for the 15-Mile Processing Hub remains on schedule for Q3 FY26. In parallel, the evaluation of the Touquoy stockpile opportunity will continue, supported by the significantly more favourable permitting environment. In relation to the tax assessments issued by the Papua New Guinea Internal Revenue Commission (IRC), the Company lodged a formal objection to all assessed amounts in February. We understand that the IRC engaged external taxation consultants to review the objections and that the consultant’s findings are now with the Deputy Commissioner. St Barbara remains committed to engaging constructively with the IRC and seek a timely and positive resolution. Conclusion As we move into FY26, we will continue applying discipline to our assessment of strategic options and funding pathways for our two major growth projects. With both the Simberi Expansion Project and the Atlantic Growth Projects advancing, the Company is well positioned to progress into development in a strong gold-price environment. I would like to acknowledge, with my thanks, our Managing Director and CEO, Andrew Strelein and his leadership team for their ongoing commitment in positioning St Barbara for this next phase, and I extend my sincere thanks to my fellow Directors, the entire St Barbara workforce, and shareholders for your ongoing support. Thank you. For more information Investor Relations David Cotterell General Manager Business Development & Investor Relations [email protected] T: +61 3 8660 1959 M: +61 447 644 648 Media Relations Paul Ryan / Russell Quinn Sodali & Co M: +61 409 296 511 / +61 403 322 097
- November 19, 2025Technology
Explore the Future of Malaysia’s Data Infrastructure in Tanjong Malim
Tanjong Malim: The Emerging Core of Malaysia’s Data‑Driven Economy As Malaysia’s data centre hub evolves, assumptions are shifting. Johor Bahru, Southern Johor, Cyberjaya, and greater Selangor have long been perceived as the default data centre choice cities. Yet cracks in this assumption are becoming increasingly visible — resource strain, water‑supply volatility, and mounting operational costs have begun to erode their appeal. Recent reports have highlighted the fragility of Johor’s data infrastructure. The Sungai Johor water pollution incident in late 2025 left over a million consumers affected, including data‑driven industries. For hyperscale data centres requiring stable and abundant cooling water, such disruptions are more than operational hiccups — they are systemic risks. In contrast, Tanjong Malim offers a quieter, more stable, and strategically balanced alternative — one that aligns with Malaysia’s industrial‑transformation ambitions and the global pivot toward green, AI‑enabled infrastructure. Why Tanjong Malim, Not Johor or Cyberjaya? 1. Location Advantage Without the Congestion Situated just 1 hour 15 minutes from Kuala Lumpur City Centre (KLCC), Tanjong Malim provides accessibility without the congestion and inflated land costs of Selangor or Cyberjaya. The Sungai Samak Estate — a cluster of five freehold plots located only 10 minutes from Tanjong Malim city centre — offers direct connectivity to the North‑South Expressway and the national fibre backbone. 2. Stable Water and Energy Ecosystem Unlike Johor, where unscheduled water disruptions have raised concerns for data‑centre operators, Tanjong Malim benefits from a clean and consistent water table supported by multiple local rivers and streams. The Sungai Samak Estate’s integrated design incorporates water cooling recycling systems and on‑site renewable energy generation, enabling continuous operation with minimal external dependency. 3. Industrial Symbiosis with High‑Tech Manufacturing Tanjong Malim is home to Proton car manufacturing, jointly managed by Malaysia’s DRB‑HICOM and China’s Geely, positioning it as a hub of advanced automotive engineering. The upcoming BYD electric vehicle plant further transforms the region into Malaysia’s high technology valley, where EV manufacturing needs data centre capacity for simulation, design, and big‑data analytics. This natural intersection between manufacturing and data infrastructure forms an ecosystem where Malaysia high‑tech manufacturing converges with AI‑driven cloud computing — a synergy unmatched in Johor or Selangor. The Sungai Samak Estate: Built for the Next Decade of Data The Sungai Samak Estate is envisioned as an integrated Tanjong Malim Data Centre campus designed around sustainability, efficiency, and scalability. Key Differentiators: • Freehold status — ensuring long‑term ownership security, rare for industrial‑scale land. • Renewable energy integration — solar and micro‑hydro options embedded within the estate’s layout. • Advanced cooling technology — immersion systems to manage high heat densities typical of AI and hyperscale data centres. • Water recycling systems — drawing from nearby streams for closed‑loop thermal management. • High‑speed connectivity — direct access to Malaysia’s backbone fibre network for low‑latency transmission. These features make the Sungai Samak Estate not just a location but a platform for AI innovation, designed to meet the operational demands of next‑generation computing workloads. Beyond Location: The Cost and Risk Equation Johor’s infrastructure challenges and mounting costs are already prompting investors to reassess risk exposure. Data centres, once lured by proximity to Singapore, now face higher water‑management costs, environmental compliance risks, and overcrowded energy grids. Cyberjaya and greater Selangor, while established, face land scarcity and rising energy tariffs, limiting scalability and sustainability options. In contrast, Tanjong Malim’s lower land and energy costs, coupled with ready industrial power access, translate directly into lower Total Cost of Ownership (TCO) for data‑centre operators. With Malaysia’s National Energy Transition Roadmap and carbon pricing framework set to take effect from 2026, early movers choosing renewable‑integrated locations like Sungai Samak Estate will gain a strategic compliance advantage. Tanjong Malim: The New Centre of Gravity The narrative of Malaysia’s digital economy is evolving. The next wave of Malaysia data centre investments will not be determined solely by proximity to Singapore but by resilience, sustainability, and integration with high‑value manufacturing ecosystems. Tanjong Malim encapsulates these qualities — a location where AI, automotive, and advanced manufacturing converge. It is emerging as the best city for data centre development for investors seeking both industrial synergies and environmental stability. For developers and investors envisioning the next major Malaysia data centre hub, the Sungai Samak Estate offers the rare combination of strategic geography, infrastructure readiness, and future‑proof resilience. Next Steps To explore partnership or site‑acquisition opportunities at Sungai Samak Estate, visit https://sgsamak.com or https://sgsamak.com/contact‑us
- November 19, 2025Event Announcement
Helping build brighter futures for young people
As part of our partnership with leading electrical supplier, Lawrence & Hanson, Yancoal Australia has assisted in donating $16,500 to the ‘Kids Under Cover’ charity, which works tirelessly to prevent youth homelessness. Kids Under Cover envisions a community where no young person is homeless. Every day they strive to prevent youth homelessness through the provision of secure and stable accommodation, and financial assistance for young people to continue or re-engage with their education or training. These funds will continue to grow and expand Kids Under Cover’s work in providing safe, stable accommodation and educational opportunities for young people at risk of homelessness. Lawrence & Hanson supports Yancoal Australia across mine sites in New South Wales and Queensland, providing electrical and industrial products to help ensure reliable and efficient mining operations. As a component of the partnership, the miner generates partner reward points which were recently converted into a dollar value and donated to Kids Under Cover. This was marked with a cheque presentation event with representatives from Lawrence & Hanson, Yancoal Australia and Kids Under Cover in attendance. Tim Van Woerkom, General Manager Procurement & Major Projects, from Yancoal Australia was honoured to donate to such a vital charity. “We aim to make a positive difference to the community and the lives of the people living and working in the areas we operate. “Kids Under Cover works directly with the community to identify gaps and solutions to help young people who are homeless or at high risk of homelessness. “This was an opportunity to help young people who are at risk in the community, so for us, supporting Kids Under Cover was a perfect fit,” said Tim. Lawrence & Hanson is Australia's leading electrical wholesaler with over 150 branches across the country employing over 1,000 staff. It is focused on the B2B supply of electrical, industrial and safety products. Jason Crosara from Lawrence & Hanson was pleased to continue supporting an incredible charity. “Working with Kids Under Cover supports our mission to making a difference in people lives. “No young person in the community chooses to be homeless. Kids Under Cover does a fantastic job at trying to intervene early to alleviate the pressures that lead to homelessness. “We are a longstanding electrical partner of Yancoal Australia and proud we could combine our missions to build stronger communities and donate funding to Kids Under Cover,” said Jason. Kids Under Cover works to prevent and end youth homelessness by delivering secure, purpose-built studios, education scholarships and tailored support that keep young people connected to family, community and education. END Media contact: Tracy Woodley Email: [email protected]
- November 18, 2025Business
Lunit and Labcorp Announce Strategic Collaboration to Advance AI-Powered Digital Pathology Research
Lunit (KRX:328130.KQ), a leading provider of AI for cancer diagnostics and precision oncology, and Labcorp, a global leader of innovative and comprehensive laboratory services, today announced a collaborative initiative to accelerate innovation in digital pathology (DP) and artificial intelligence (AI) for oncology research and clinical care. The collaboration aims to leverage Labcorp’s extensive clinical and pathology expertise alongside Lunit’s cutting-edge AI algorithms to transform how tumor microenvironments are analyzed and interpreted. By combining high-resolution whole-slide imaging with AI-powered spatial profiling, the collaboration seeks to generate new insights that can enhance biomarker discovery and guide precision immuno-oncology strategies. First Collaborative Studies Presented at SITC and AMP The first outcome of the collaboration was showcased at two leading scientific conferences: Society for Immunotherapy of Cancer (SITC) : Study demonstrated how AI-based spatial profiling and machine learning can identify immune-active subtypes of non-small cell lung cancer (NSCLC) tumors with the MET exon 14 skipping mutation, which are associated with improved immunotherapy outcomes. Using Lunit SCOPE IO®, researchers analyzed more than 370 pathology slides to characterize immune phenotypes across different types of MET alterations, including exon 14 skipping, amplification, or no mutation (wildtype). Immune gene expression analysis further validated the AI-defined immune phenotypes and revealed key immune response pathways driving the inflamed phenotype, underscoring the predictive power of AI-based spatial profiling in MET-mutated NSCLC. Association for Molecular Pathology (AMP) : Study highlighted distinct tumor-immune microenvironments linked to different MET alterations in NSCLC, revealing immune-desert phenotypes in MET-amplified tumors, and inflamed phenotypes in those with MET exon 14 skipping tumors. "Collaborating with Labcorp, one of the most respected leaders in diagnostics and clinical research, marks an important step toward expanding the real-world use of AI in oncology. These early studies show how AI can reveal meaningful, predictive biomarkers hidden within pathology slides,” said Brandon Suh, CEO of Lunit. “It’s a clear example of how digital pathology and AI can work hand in hand to advance precision oncology understanding, bridging discovery research and real-world clinical care.” "Our collaboration with Lunit aims to turn complex pathology data into meaningful insights," said Shakti Ramkissoon, M.D., Ph.D., MBA, vice president and medical lead for oncology at Labcorp. "These studies demonstrate how AI-powered digital pathology can reveal patterns within tumors—ultimately helping to guide treatment decisions, inform biomarker development, and pave the way for more personalized cancer care.” Labcorp and Lunit plan to further broaden their collaboration by applying digital pathology AI to additional cancer types and genomic correlations. ### About Lunit Founded in 2013, Lunit (KRX: 328130) is a global leader on a mission to conquer cancer through AI. Our clinically validated solutions span medical imaging, breast health, and biomarker analysis—empowering earlier detection, smarter treatment decisions, and more precise outcomes across the cancer care continuum. Following the integration of Volpara, Lunit now offers a comprehensive suite spanning risk prediction and early detection to precision oncology. Our FDA-cleared Lunit INSIGHT suite and breast health solutions support cancer screening in thousands of medical institutions worldwide, while Lunit SCOPE platform is used in research partnership with global pharma leaders for biomarker development and companion diagnostics. Trusted by over 10,000 sites in more than 65 countries, Lunit combines deep medical expertise with continuously evolving datasets to deliver measurable impact—for patients, clinicians, and researchers alike. Headquartered in Seoul with global offices, Lunit is driving the worldwide fight against cancer. Learn more at lunit.io/en . Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements, including, but not limited to, statements with respect to the collaboration between Lunit and Labcorp and the potential benefits, uses and applications of artificial intelligence-powered digital pathology. Actual results could differ materially from those suggested by forward-looking statements. As a result, readers are cautioned not to place undue reliance on any of the forward-looking statements. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Media Contact Lunit Global PR Manager Jaewhan Lee [email protected]
- November 18, 2025Business
Towngas and China Resources Gas sign strategic cooperation agreement Jointly establish Low-Carbon Smart Gas Joint Innovation Centre
The Hong Kong and China Gas Company Limited (Towngas) and China Resources Gas Investment (China) Co., Ltd. (China Resources Gas) have signed a strategic cooperation agreement at the 27th China Hi-Tech Fair to jointly establish a Low-Carbon Smart Gas Joint Innovation Centre, leveraging Towngas’ Technology Application Centre. The collaboration will focus on technology research and development and ecosystem building along the entire gas industry value chain, in support of the low-carbon and smart transformation of the natural gas sector under the national 15th Five-Year Plan. The signing ceremony was held in Shenzhen in the presence of municipal government officials. Representatives attending included Mr Edmund Yeung Lui-ming, Executive Director and Chief Financial Officer of Towngas, Mr Zhou Jun, Head of the Technology Application Centre at Towngas, and Mr Jiang Hougui, Vice President of China Resources Gas. Partnership focuses on two key technology areas The partnership will concentrate on two main technology areas, with artificial intelligence and green transition at its core themes through a series of joint R&D projects. In artificial intelligence for gas-related imaging, the two companies will draw on their respective operating environments and data resources to develop practical applications and common technical standards. They will take the lead in developing a national-level natural gas quality dataset. In natural gas–hydrogen blending, the partners will deepen joint research and standard-setting. They plan to co-develop core process technology packages for hydrogen blending in gas networks, and to promote the formulation of relevant national standards and pricing mechanisms optimisation, helping to unlock the potential of the clean energy market. Results Delivery and Talent Development The cooperation is designed to cover the full chain from R&D to application. Innovation outcomes will first be rolled out in the Guangdong–Hong Kong–Macao Greater Bay Area and key cities nationwide. Using Towngas’ Technology Application Centre and its postdoctoral innovation practice base, the companies will nurture talent with both technical and operational expertise. Towngas and China Resources Gas will also bring companies across the industry value chain into the initiative, forming an ecosystem that connects research with real-world deployment. The TERA-Award Smart Energy Innovation Competition, organised by Full Vision Capital, will continue to serve as a platform to attract technology solutions and drive commercialisation. Looking ahead, Towngas and China Resources Gas will further strengthen their long-term strategic partnership and deepen multi-dimensional cooperation in the field of smart gas. Through joint technological research, co-creation of application scenarios and co-building of ecosystems, the two sides aim to promote high-quality development of the industry and contribute to the national energy strategy under the 15th Five-Year Plan. ~END~ For media enquiries, please contact: The Hong Kong and China Gas Company Limited Ms Kathy Tse Senior Corporate Affairs Officer Tel: 2963 3497 / 6698 3357 Email: [email protected] Mr Julius Chow Senior Corporate Affairs Officer Tel: 2963 3471 / 6969 1360 Email: [email protected]
- November 18, 2025Business
Signing an MOU with PAGASA (Philippines) to contribute to damage reduction through AI-based typhoon and heavy rain forecasting
Weathernews Inc. (Head office: Mihama-ku, Chiba City; CEO: Tomohiro Ishibashi) has signed a collaboration agreement with the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) for mutual cooperation in the field of meteorology. Weathernews has maintained a cooperative relationship with PAGASA since signing the agreement in 2015, and this latest agreement further strengthens this relationship. The Philippines is an island nation located in an area known as “Typhoon Alley.”Typhoons and heavy rains cause serious damage, including floods and landslides, and there is a strong need for fundamental disaster prevention and mitigation measures to mitigate these damages. Through this collaboration, Weathernews will utilize the highly accurate and high-resolution weather forecasting technology it has cultivated over many years to provide AI-based forecast information on typhoons and heavy rain, as well as Google’s flood forecasting and cyclone prediction models. By providing this information, we will contribute to reducing the risk of natural disasters and improving resilience in the Philippines. We will continue to deepen our collaboration with meteorological organizations around the world and introduce cutting-edge forecasting technology to society, thereby ensuring safety from natural disasters and promoting the realization of a sustainable society. Administrator - Philippine Atmospheric, Geophysical and Astronomical Services Administration Mr. Nathaniel T. Servando (right) and Executive Officer in charge of Service Operation and Development - Weathernews Inc. Mr. Daisuke Abe (left) Agreement Date November 4, 2025 Agreement Details 1. Providing AI weather content related to typhoon, heavy rain, and flood forecasts 2. Discuss and implement technical sharing to improve meteorological accuracy, human resource development, and operational support for disaster risk reduction Our Role and Future Initiatives The Philippines is located in the area known as “Typhoon Alley,” and typhoons make landfall almost every year, causing widespread and devastating damage depending on their strength and path. In response to this risk of natural disasters, this collaboration will provide AI-based forecasting information for typhoons and heavy rains, leveraging the highly accurate, high-resolution weather forecasting infrastructure that we have cultivated over many years. We will also provide Google's AI weather model, one of the highly accurate weather forecasting models that utilizes AI technology, which has made remarkable progress in recent years. This will promote adaptation to extreme weather in the Philippines, improve social resilience, and contribute to protecting lives and property. Comment from Google “We are pleased to see this partnership between WNI and Pagasa progress and hope our models can continue to make a positive contribution to forecasting in the Philippines.” - Raia Hadsell, VP Research, Google DeepMind “It’s encouraging to see Google's AI models for flood forecasting and cyclone prediction being used in The Philippines. We believe that AI models, along with strong partnerships with governments and expert agencies like WNI, are key to building towards climate resilience, improving disaster preparedness, and making communities safer.” - Yossi Matias, Vice President & GM, Google Research Collaboration with global meteorological organizations Ahead of the Philippines, we have concluded an MOU in the field of meteorology with the Vietnam Meteorology and Hydrology Administration (VNMHA), which also faces the issue of severe damage caused by typhoons and heavy rains, and are promoting efforts to prevent and mitigate disasters. https://jp.weathernews.com/news/53113/
- November 18, 2025Business
Cobalt Blue Holdings : Advancing Black Mass Recycling at the Broken Hill Technology Centre
The initiative aims to de-risk KCR’s long-term supply strategy while creating the potential for modest near-term revenue from BHTC operations. Following the signing of a non-binding MOU with Ecobatt in December 2024, BHTC completed bench-scale testwork on black mass samples, demonstrating successful extraction of cobalt, nickel and manganese. COB has also received a non-binding Letter of Intent from Hartree Partners – one of the world’s leading merchant commodity firms – for the potential purchase of cobalt metal from BHTC processed from black mass, indicating commercial interest in products produced from recycled feedstock. This strategy positions COB at the forefront of Australia’s emerging circular battery materials industry. It directly supports the objectives of Australia’s Circular Economy Framework, strengthens domestic battery recycling capability, and reinforces Australia’s role as a reliable partner in the global critical minerals supply chain.
- November 17, 2025Business
Mandarin Oriental Strengthens Its Middle East Portfolio With a New Luxury Hotel and Residences to Open in Jeddah Central
Mandarin Oriental, Jeddah, which is expected to open in 2030, will bring a new level of luxury hospitality to Saudi Arabia, further strengthening the Group's presence in the region and complementing the brand's award-winning offerings in Dubai, Abu Dhabi, Doha, Muscat and Riyadh. The hotel and branded residences will be uniquely positioned in the very heart of Jeddah Central, a world-class waterfront destination featuring a state-of-the-art marina, private residences, retail and dining districts, cultural attractions, and four iconic landmarks, including an opera house, an oceanarium, a sports stadium, and a museum. Ideally located on a waterfront site, Mandarin Oriental, Jeddah will command panoramic views of the Red Sea. The internationally renowned design firm, KPF, have been selected as master planner and architect who shared the Group's vision to create a unique, sustainable structure for the future. Designed as a low-density, low-rise development, with its exclusive marina location, the property is set to become an urban sanctuary where elevated living, cultural interaction and wellbeing meet. Bruce Fisher, Principal at KPF commented: “The hotel and branded residences harmoniously blend locally inspired architectural tradition with a contemporary waterside experience that harnesses the energy of the Marina and calm of the Red Sea.” The hotel will comprise 140 elegantly appointed guestrooms and suites featuring spectacular views of the Red Sea. A further 115 spacious apartments, offering a range of guestrooms and private dining facilities have been designed to accommodate longer stay guests. In addition, there will be 187 branded residences, offering two-to-four-bedroom privately-owned homes, with exclusive access to private amenities including a lounge, entertainment spaces, library, cinema, games room, golf simulator, children's club, swimming pool and fitness centre, underpinned by Mandarin Oriental's legendary service. Guests and residences owners will enjoy a choice of five dining venues scattered throughout the hotel grounds which will include specialty restaurants featuring Mandarin Oriental's renowned gastronomy concepts. The property will also offer extensive meeting and event spaces, including a spacious ballroom, making it an ideal destination for social gatherings. Guests will also have access to exceptional leisure and wellness facilities, including The Spa at Mandarin Oriental, which will present an extensive range of the Group's signature wellness, beauty and spa experiences designed to elevate personal holistic wellbeing. For younger guests, the hotel will feature a fully serviced, spacious kids club and creche with a range of age-specific activities. Laurent Kleitman, Group Chief Executive of Mandarin Oriental, said: “We are delighted to extend our presence in the Middle East by partnering with Jeddah Central Development Company and KPF to bring our award winning brand to the city's landmark Central Project. KPF's architectural vision, rooted in sustainability and a deep sense of place, aligns perfectly with Mandarin Oriental's values of craftsmanship and design excellence. Following the success of Mandarin Oriental, Riyadh, this new development reflects our confidence in Saudi Arabia's growing appeal as a destination for luxury hospitality and cultural exchange. Mandarin Oriental, Jeddah will create a distinctive lifestyle hub inspired by the city's culture and heritage, offering immersive experiences in a refined, contemporary setting.” Eng. Ahmed Al Sulaim, Chief Executive Officer of Jeddah Central Development Company, commented, “We are pleased to partner with Mandarin Oriental to create one of the flagship luxury hotels within Jeddah Central, a destination that reflects our vision to redefine urban living and hospitality on the Red Sea coast. This partnership supports our commitment to positioning Jeddah as a leading global destination for business, leisure, and culture, offering distinctive lifestyle experiences for generations to come.” Jeddah attracts six million visitors annually and is a major economic, cultural, and tourist hub in Saudi Arabia, strategically positioned on the Red Sea providing an essential crossroads for global commerce. About Jeddah Central Jeddah Central, developed by Jeddah Central Development Company (a Public Investment Fund owned company), is a comprehensive urban and tourism project on the Red Sea coast. Covering 5.7 million square meters, it features residential, commercial, cultural, tourism, sports, and entertainment components, along with four major landmarks: the Opera House, the Stadium, the Oceanarium, and the Industrial Museum. The destination aims to strengthen Jeddah's position as a vibrant global city, supporting the goals of Saudi Vision 2030 by diversifying the economy and enhancing quality of life. About KPF KPF elevates cities through impactful design, collaborating closely with the world's most forward-thinking clients to create high performing, carefully crafted buildings that are unique to their physical, social, and environmental contexts. The firm's extensive portfolio spans more than 40 countries and includes a wide range of projects from commercial and residential buildings to civic and cultural spaces to education, research, and healthcare facilities. Driven by individual design solutions, rather than a predetermined style, KPF endeavors to design lasting buildings that mitigate their environmental impact and enhance the well-being of the communities they serve. About Mandarin Oriental Hotel Group Mandarin Oriental is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences. Each outstanding property reflects the Group's dual Asian heritage, while proudly distilling the Essence of the Destination, reflected in every hotel's own fan - carefully crafted by local artisans. Driven by a passion for the exceptional, every day, everywhere, the Group's mission is to craft time-enriching experiences that transform the ordinary to the exceptional and guests to fans through its legendary service. The Group now operates 44 hotels, 12 residences and 26 exceptional homes in 27 countries and territories with many more projects under development. Mandarin Oriental continues to drive its reputation as an innovative leader in luxury hospitality, delivering sustainable growth over the long term.
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