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Category: Asia Pacific

  • MIL-OSI China: MOFA response to statements by Swedish Defence Minister Jonson opposing China’s threats and supporting deepening relations with Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to statements by Swedish Defence Minister Jonson opposing China’s threats and supporting deepening relations with Taiwan

    • Date:2025-04-04
    • Data Source:Department of European Affairs

    April 4, 2025

    Swedish Minister for Defence Pål Jonson stated in response to a question from Member of the Riksdag Björn Söder on April 2 that the security of Europe and Asia was closely linked, that Sweden and the European Union were paying close attention to peace and security in the Indo-Pacific region, that China’s actions towards Taiwan were worrying, and that military threats were unacceptable. Sweden reiterated that differences across the Taiwan Strait must be resolved peacefully and that the will of the Taiwanese people must be respected.

    Minister of Foreign Affairs Lin Chia-lung sincerely thanks the Swedish government for monitoring cross-strait peace and stability and expresses Taiwan’s hope of continuing to deepen relations with Sweden through long-term and comprehensive cooperation. As a responsible member of the international community, Taiwan will work with like-minded partners to urge China to stop threatening Taiwan and unilaterally escalating the situation in the region.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI China: MOFA response to US, Japan, ROK joint statement reaffirming importance of cross-strait peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US, Japan, ROK joint statement reaffirming importance of cross-strait peace and stability

    • Date:2025-04-04
    • Data Source:Department of North American Affairs

    April 4, 2025

    On April 3, US Secretary of State Marco Rubio, Japanese Foreign Minister Takeshi Iwaya, and Republic of Korea Foreign Minister Cho Tae-yul met in Brussels. The joint statement issued after their meeting emphasized the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community. They expressed concern about provocative actions, particularly the recent military drills around Taiwan, and called for an end to further destabilizing actions. The three countries encouraged the peaceful resolution of cross-strait issues and opposed any attempts to unilaterally change the status quo by force or coercion. They also voiced support for Taiwan’s meaningful participation in international organizations.

    Minister of Foreign Affairs Lin Chia-lung thanks the US, Japanese, and ROK foreign ministers for again affirming their support for peace and stability across the Taiwan Strait and expressing concern over China’s provocative actions and military exercises. The latest pronouncement echoes the statement following their meeting on the sidelines of the Munich Security Conference in February. It is a further demonstration that maintaining cross-strait peace and stability has become a matter of international consensus and common interest. Countries around the world clearly recognize that it is China that is a destabilizing force in global society and is attempting to change the status quo. As a responsible member of the international community, Taiwan will continue to work with the United States, Japan, the Republic of Korea, and other democratic partners to jointly ensure regional and cross-strait peace, stability, and prosperity.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI China: MOFA response to second EU-Japan Strategic Dialogue reaffirming importance of cross-strait peace and stability

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to second EU-Japan Strategic Dialogue reaffirming importance of cross-strait peace and stability

    • Date:2025-04-07
    • Data Source:Department of European Affairs

    April 7, 2025  

    European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas and Japanese Minister for Foreign Affairs Takeshi Iwaya held the second EU-Japan Strategic Dialogue on April 4 in Brussels. In a statement issued after the meeting, they reaffirmed that peace and stability across the Taiwan Strait were of strategic importance for regional and global security and prosperity. They expressed opposition to any unilateral attempts to change the status quo by force or coercion. In addition, they highlighted the interconnected security environments of Europe and the Indo-Pacific and agreed on the need to maintain close coordination and cooperation on key global and regional foreign policy priorities under the Group of Seven (G7) framework.

     

    Minister of Foreign Affairs Lin Chia-lung sincerely welcomes and appreciates the continued concern shown by like-minded partners such as the EU and G7 over peace and stability across the Taiwan Strait and in the Indo-Pacific. The Ministry of Foreign Affairs emphasizes that Taiwan will continue to work with democratic partners to uphold the rules-based international order. Taiwan will do its utmost to maintain cross-strait peace and stability and safeguard regional prosperity and development.

    MIL OSI China News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    Date:2025-04-02
    Data Source:TAIWAN-JAPAN RELATIONS ASSOCIATION

    April 2, 2025  

    At a regular press conference on April 1, Japanese Chief Cabinet Secretary Yoshimasa Hayashi stated that peace and stability across the Taiwan Strait were paramount to Japan and the entire international community. Mr. Hayashi made the comments while addressing China’s military drills around Taiwan, stating that Japan had reaffirmed its position to China during a recent bilateral meeting between their foreign ministers. He emphasized that the Japanese government would continue to closely monitor developments arising from China’s increasing military activities around the Taiwan Strait in recent years and added that Japan would make comprehensive response preparations. 
     
    When China twice launched Joint Sword-2024 military exercises targeting Taiwan last year, unilaterally raising tensions across the Taiwan Strait, the government of Japan promptly and directly expressed its misgivings and concerns to China. Following China’s latest military drills around the Taiwan Strait, Japan has once again immediately conveyed its concerns to China and publicly emphasized the importance of cross-strait peace and stability.
     
    Minister of Foreign Affairs Lin Chia-lung affirms and appreciates the Japanese government for immediately and openly expressing concern following China’s launch of military exercises designed to intimidate Taiwan, as well as for emphasizing a consistent stance on preserving peace and stability across the Taiwan Strait. The Ministry of Foreign Affairs (MOFA) strongly urges China to return to reason, exercise self-restraint, and immediately cease unilateral actions that are detrimental to cross-strait peace and regional stability and prosperity. MOFA is pleased that the United States, Japan, and other democratic nations, as well as the European Union, are steadfastly and jointly adopting preventive measures to counter the threat that authoritarian expansion poses to global peace and stability. Taiwan will demonstrate its determination to strengthen resilience and self-defense capabilities and resist China’s rhetorical and military intimidation. It will also cooperate with like-minded partners to ensure peace, stability, and prosperity across the Taiwan Strait and throughout the Indo-Pacific.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI: YieldMax™ ETFs Announces Distributions on SMCY (102.27%), MSTY (101.29%), ULTY (78.88%), AIYY (70.96%), LFGY (69.83%), and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below.

    ETF
    Ticker
    1
    ETF Name Distribution
    Frequency
    Distribution
    per Share
    Distribution
    Rate
    2,4
    30-Day
    SEC Yield3
    ROC5 Ex-Date &
    Record Date
    Payment
    Date
    CHPY* YieldMax™ Semiconductor Portfolio Option Income ETF Weekly – – – – – –
    GPTY YieldMax™ AI & Tech Portfolio Option Income ETF Weekly $0.2360 35.40% 0.00% 0.00% 4/10/25 4/11/25
    LFGY YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4170 69.83% 0.00% 0.00% 4/10/25 4/11/25
    QDTY YieldMax™ Nasdaq 100 0DTE Covered Call ETF Weekly $0.2199 29.87% 0.00% 100.00% 4/10/25 4/11/25
    RDTY YieldMax™ R2000 0DTE Covered Call ETF Weekly $0.3590 45.69% 0.00% 100.00% 4/10/25 4/11/25
    SDTY YieldMax™ S&P 500 0DTE Covered Call ETF Weekly $0.2270 29.60% 0.00% 100.00% 4/10/25 4/11/25
    ULTY YieldMax™ Ultra Option Income Strategy ETF Weekly $0.0822 78.88% 2.21% 0.00% 4/10/25 4/11/25
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Weekly $0.0973 38.00% 69.89% 53.05% 4/10/25 4/11/25
    YMAX YieldMax™ Universe Fund of Option Income ETFs Weekly $0.1289 57.35% 96.57% 64.98% 4/10/25 4/11/25
    AIYY YieldMax™ AI Option Income Strategy ETF Every 4 weeks $0.2301 70.96% 4.89% 93.15% 4/10/25 4/11/25
    AMZY YieldMax™ AMZN Option Income Strategy ETF Every 4 weeks $0.4877 43.54% 4.40% 89.31% 4/10/25 4/11/25
    APLY YieldMax™ AAPL Option Income Strategy ETF Every 4 weeks $0.3023 33.00% 3.44% 44.35% 4/10/25 4/11/25
    DISO YieldMax™ DIS Option Income Strategy ETF Every 4 weeks $0.3254 35.32% 4.03% 0.00% 4/10/25 4/11/25
    MSTY YieldMax™ MSTR Option Income Strategy ETF Every 4 weeks $1.3356 101.29% 0.50% 0.48% 4/10/25 4/11/25
    SMCY YieldMax™ SMCI Option Income Strategy ETF Every 4 weeks $1.5012 102.27% 3.01% 67.02% 4/10/25 4/11/25
    WNTR** YieldMax™ Short MSTR Option Income Strategy ETF Every 4 weeks – – – – – –
    XYZY YieldMax™ XYZ Option Income Strategy ETF Every 4 weeks $0.4412 59.61% 6.32% 89.82% 4/10/25 4/11/25
    YQQQ YieldMax™ Short N100 Option Income Strategy ETF Every 4 weeks $0.4437 30.86% 3.08% 0.00% 4/10/25 4/11/25
    Weekly Payers & Group A ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY UTLY YMAG YMAX CRSH FEAT FIVY GOOY OARK SNOY TSLY TSMY XOMO YBIT


    Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling 
    (833) 378-0717.

    Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    *The inception date for CHPY is April 2, 2025.

    **The inception date for WNTR is March 26, 2025.

    1 All YieldMax™ ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, YMAG and FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.
    2 The Distribution Rate shown is as of close on April 8, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.
    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended March 31, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.
    4 Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.
    5 ROC refers to Return of Capital. The ROC percentage is the portion of the distribution that represents an investor’s original investment.


    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Standardized Performance

    For YMAX, click here. For YMAG, click here. For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For XYZY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For ULTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For PLTY, click here. For BIGY, click here. For SOXY, click here. For MARO, click here. For FEAT, click here. For FIVY, click here. For LFGY, click here. For GPTY, click here. For CVNY, click here. For SDTY, click here. For QDTY, click here. For WNTR, click here. For CHPY, click here

    Important Information

    This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

    Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

    Risk Disclosures (applicable only to GPTY)

    Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

    Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

    Risk Disclosure (applicable only to MARO)

    Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to CHPY)

    Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

    The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax™ ETFs.

    © 2025 YieldMax™ ETFs

    The MIL Network –

    April 9, 2025
  • MIL-OSI: Lantronix Ranks 8th on Orange County Business Journal’s List of Fastest-Growing Midsize Public Companies

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been named the 8th Fastest-Growing Midsize Public Company in Orange County, Calif., by the Orange County Business Journal. Rankings are based on each company’s two-year revenue growth from 2022 to 2024. Lantronix grew 22 percent during this period, reporting revenues of $160.3 million for the 12 months ended Dec. 30, 2024.

    “We are honored to be ranked 8th on the OCBJ’s annual ranking of the Fastest-Growing Midsize Public Companies,” said Saleel Awsare, chief executive officer and president at Lantronix. “This validation is a credit to the support of our dedicated team as well as our exceptional technology and channel partners that have enabled us to bring exceptional, breakthrough solutions to market, driving forward our presence in AI, Edge Computing, Industry 4.0, IIoT and Out-of-Band Management.”

    To fuel its strategic growth in 2025 and beyond, Lantronix’s has recently hired seasoned industry leaders to expand and scale its presence as a global leader in compute and connectivity. For details, visit the Lantronix press releases webpage.

    Lantronix is the winner of many corporate and industry awards, including the 2025 IoT Breakthrough Awards IoT CEO of the Year Award for its CEO, Saleel Awsare. Lantronix also ranked on the prestigious 2025 CRN® Internet of Things (IoT) 50 list and won industry awards including the 2024 IoT Evolution Asset Tracking Award, the 2024 IoT Evolution Business Impact Award and the 2024 IoT Evolution Product of the Year Award.

    About Lantronix

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix’s advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing.

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

    Lantronix Media Contact:        
    Gail Kathryn Miller
    Corporate Marketing &
    Communications Manager
    media@lantronix.com

    Lantronix Analyst and Investor Contact:        
    investors@lantronix.com

    ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    The MIL Network –

    April 9, 2025
  • MIL-OSI Asia-Pac: HK hosts APEC energy meeting

    Source: Hong Kong Information Services

    The Joint Meeting of Four Expert Groups of the Asia-Pacific Economic Cooperation (APEC) Energy Working Group (EWG) and two associated events are being held in Hong Kong for the first time this week in a schedule running from yesterday until Friday.

    Secretary for Environment & Ecology Tse Chin-wan and Director of Electrical & Mechanical Services Poon Kwok-ying spoke at today’s session.

    The joint meeting covers energy data and analysis, energy efficiency and conservation, new and renewable energy technologies, and clean fossil energy.

    The meeting is being held in conjunction with the APEC Workshop on Promoting Energy Efficiency Enhancement in Electricity Generation and the 8th Oil & Gas Security Network Forum.

    Mr Tse highlighted in the meeting that APEC economies consume approximately 60% of the world’s energy, and that energy demand and carbon emissions in the region will continue to rise as the member economies pursue rapid and ongoing economic growth and urbanisation.

    This makes it crucial to accelerate the transition to green energy, mitigate climate change risks and ensure energy security and sustainable economic development, he added.

    The environment chief also outlined that Hong Kong is striving to achieve carbon neutrality before 2050, and will cease using coal for electricity generation by 2035.

    He said that the city is actively implementing decarbonisation measures. This includes planning infrastructure to import more zero-carbon electricity from neighbouring regions, enhancing energy efficiency in buildings, developing green transportation and promoting hydrogen energy development.

    Mr Poon spoke about Hong Kong’s energy developments and stressed the importance of maintaining dialogue among APEC members to meet the challenges of climate change.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    Date:2025-04-03
    Data Source:Department of European Affairs

    April 3, 2025The United Kingdom Foreign, Commonwealth and Development Office released a statement on April 2 indicating its concern over China’s military exercises around Taiwan, underscoring that they increased tensions and risked dangerous escalation in the Taiwan Strait. The statement reaffirmed the United Kingdom’s clear interest in peace and stability in the Taiwan Strait, adding that this was critical to global prosperity. It went on to declare that the United Kingdom supported a free and open Indo-Pacific, that the Taiwan issue should be settled by people on both sides of the Taiwan Strait through constructive dialogue and without the threat or use of force or coercion, and that military drills or threats to Taiwan were not conducive to such dialogue. The statement further pointed out that the United Kingdom did not support any attempt at unilaterally changing the status quo, calling for restraint and the avoidance of actions that undermine peace and stability.The UK statement follows those made by the United States, the European Union, and Japan, and is another expression of concern by a major country over China’s military exercises around Taiwan. Minister of Foreign Affairs Lin Chia-lung welcomes the statement and thanks the UK government for continuing to pay close attention to the situation across the Taiwan Strait and for stating clearly that peace and stability across the Taiwan Strait are of global importance. MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded partners to jointly safeguard the rules-based international order. Taiwan hopes that the world’s democracies will unite in calling on China to return to reason and restraint and to stop threatening Taiwan and unilaterally increasing regional tensions.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to European Parliament resolutions expressing concern over China’s escalation of Taiwan Strait tensions and supporting the deepening of Taiwan-EU cooperation

    Source: Republic of China Taiwan

    April 3, 2025The European Parliament on April 2 voted overwhelmingly to adopt resolutions on annual reports on the implementation of the European Union Common Foreign and Security Policy (CFSP) and Common Security and Defence Policy (CSDP). The resolutions once again reiterated concern over China’s escalation of tensions across the Taiwan Strait and expressed support for further deepening comprehensive Taiwan-EU cooperation and exchanges. The Ministry of Foreign Affairs (MOFA) sincerely welcomes and appreciates these resolutions.The CFSP resolution pointed out that the center of gravity in the global order was shifting towards the Indo-Pacific and that the European Union must strengthen its active role and presence in the region to safeguard peace, freedom, and stability and uphold the rules-based international order. It stated that Taiwan was a key democratic partner for the European Union in the Indo-Pacific region and urged the European Union and its member states to engage in closer cooperation with Taiwan in order to further boost economic, trade, and investment ties. The resolution also encouraged the European Commission to launch, without delay, preparatory measures for negotiations on an investment agreement with Taiwan.Furthermore, the European Parliament strongly condemned China’s continued military provocations against Taiwan and China’s continuous distortion of UN General Assembly Resolution 2758 aimed at blocking Taiwan’s meaningful international participation. It stressed that China’s territorial claims over Taiwan had no basis in international law and that only Taiwan’s democratically elected government could represent the Taiwanese people. The European Parliament called on the European Union and its member states to ensure, through clear and consistent signaling, that any attempt to unilaterally change the status quo across the Taiwan Strait, particularly by means of force or coercion, could not be accepted and would have high costs. It also urged the European Commission and EU member states to formulate a coordinated response strategy to the situation across the Taiwan Strait and to regularly provide impact assessments to the European Parliament concerning the latest developments. Meanwhile, the CSDP resolution strongly condemned hostile acts conducted by China against Taiwan, including an increasing number of cyberattacks, influence campaigns, the entry of Chinese warplanes into Taiwan’s air defense identification zone, and the severing of subsea cables. It reaffirmed the European Union’s strong commitment to preserving the status quo across the Taiwan Strait, lauded the restraint and disciplined reaction of the Taiwan government, and called on China to exercise restraint and avoid any actions that may further escalate cross-strait tensions. The resolution also underlined the strategic significance of the Indo-Pacific region within the European Union’s defense framework and urged awareness of Taiwan’s leading role in high-tech development and extensive experience defending itself against China’s hybrid attacks and disinformation. It called for regular exchanges between the European Union and Taiwan on relevant security issues, as well as for Taiwan and the European Union to share information about incidents related to the severing of undersea cables. It added that Taiwan should be a key part of the European Union’s considerations in advancing multilateral cooperation and capacity building in the Indo-Pacific. In a gesture of great significance, the European Parliament on October 24 last year overwhelmingly voted in favor of a resolution on the misinterpretation of UN General Assembly Resolution 2758 by the People’s Republic of China and its continuous military provocations around Taiwan. This demonstrated strong consensus and firm support for Taiwan across the various parties of the 10th-term European Parliament. Minister of Foreign Affairs Lin Chia-lung expresses sincere and deep gratitude to the European Parliament for its continued concrete actions in deepening the Taiwan-EU partnership and emphasizing its firm stance on upholding peace and stability across the Taiwan Strait. On the excellent foundation of close cooperation that currently exists, Taiwan will continue to advance exchanges with the European Parliament in all areas so as to jointly strengthen democratic resilience and build robust and reciprocal values-based alliances.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to social media posts by Global Affairs Canada expressing concern over China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to social media posts by Global Affairs Canada expressing concern over China’s military exercises around Taiwan

    Date:2025-04-03
    Data Source:Department of North American Affairs

    April 3, 2025Global Affairs Canada issued statements on the social media platforms X and Facebook on April 2 expressing Canada’s deep concern over China’s recent military exercises around Taiwan. The statements emphasized that these threatening actions increased regional tensions and instability and affected global security and prosperity. Canada urged China to resolve cross-strait differences by peaceful means.Minister of Foreign Affairs Lin Chia-lung thanks Canada for reaffirming its support of peace and stability across the Taiwan Strait and for opposing the use of force or coercion to change the status quo, as well as for explicitly stating that China’s threats to Taiwan and regional security undermine the status quo.Since Canada issued its Indo-Pacific Strategy in November 2022, it has dispatched naval ships to transit the Taiwan Strait six times, repeatedly demonstrating its staunch determination to maintain peace and stability across the Taiwan Strait through concrete action. In the face of relentless harassment by China, the Taiwan government will continue to strengthen its self-defense capabilities and bolster cooperation with allied nations to jointly safeguard the rules-based international order. Taiwan calls on all countries to express concern about China’s attempts at gray-zone coercion, including military threats and lawfare targeting Taiwan, and to condemn unilateral actions by China that escalate regional tensions.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    Date:2025-04-03
    Data Source:Department of East Asian and Pacific Affairs

    April 3, 2025The Australian Department of Foreign Affairs and Trade released a statement on April 3 indicating its deep concern over China’s military exercises around Taiwan. On the same day, the New Zealand Ministry of Foreign Affairs and Trade also expressed its concern on X. In its statement, Australia said that it strongly opposed actions that increased the risk of miscalculation and escalation. It reaffirmed that such military exercises were disproportionate and destabilizing, adding that it had raised its concerns with China. Meanwhile, New Zealand called on China to exercise restraint and avoid actions that undermine peace and stability. Both countries expressed their opposition to attempts to unilaterally change the status quo and called for the two sides of the Taiwan Strait to resolve their differences through dialogue, not through the threat or use of force or coercion.Minister of Foreign Affairs Lin Chia-lung welcomes these statements and thanks Australia, New Zealand, and all peace-loving countries for continuing to pay close attention to the security situation across the Taiwan Strait. He reiterates that cross-strait peace and stability are in line with the world’s interests and are of extraordinary importance to the international community.MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded countries to jointly uphold the rules-based international order and safeguard peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region.
     

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to social media post by German Foreign Office expressing concern over China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to social media post by German Foreign Office expressing concern over China’s military exercises around Taiwan

    Date:2025-04-04
    Data Source:Department of European Affairs

    April 4, 2025

    On April 2, the Federal Foreign Office of Germany posted a message on the social media platform X pointing out that China’s military exercises around Taiwan had increased tensions and were a cause of concern. It stated that stability in the Taiwan Strait was paramount for regional and global security and also affected prosperity in Europe. The Foreign Office underlined that the status quo could only be changed through peaceful means and by mutual agreement, and not by force or coercion.

    Minister of Foreign Affairs Lin Chia-lung sincerely thanks the government of Germany for its continued attention to cross-strait peace and stability and for this further expression of concern over China’s military drills. The Ministry of Foreign Affairs underscores that Taiwan, as a responsible member of the international community, will continue to work with like-minded partners to jointly defend the rules-based international order. It joins other nations in calling on China to exercise self-restraint, stop threatening Taiwan, and cease its unilateral attempts to escalate regional tensions. 

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Economics: 11 NBFCs surrender their Certificate of Registration to RBI

    Source: Reserve Bank of India

    The following 11 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR.

    i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business:

    Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of Cancellation of CoR
    1 Ekagrata Finance Private Limited Nova Miller, Ground Floor, No 333 Thimmiah Road Vasanth Nagar, Bangalore, Karnataka – 560052 N-02.00321 September 27, 2019 March 04, 2025
    2 Ezcred Private Limited Villa 324, Adarsh Palm Retreat Villas, Phase-2 Bellandur, Bangalore, Karnataka – 560103 N- 02.00296 March 15, 2018 March 05, 2025
    3 Lamina Leasing and Finance Limited 8th Floor, B Wing, Rama Bhavan complex, Kodialbail Mangalore, Karnataka – 575003 B-02.00130 December 10, 2003 March 05, 2025
    4 Hinduja Finance Limited Plot No. C-21, Tower-C, G Block, Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra – 400051 N-13.01870 June 12, 2007 March 07, 2025
    5 Whitegold Holdings Private Limited 84-A, Mittal Court, 8th Floor, 224, Nariman Point, Mumbai, Maharashtra – 400021 13.00744 March 01, 2021 March 13, 2025
    6 Trident Microfin Private Limited #11-4-189/4, Plot No. 19, 2nd Floor, Road No.6, Venkateshwara Colony, Saroornagar, Rangareddy, Telangana – 500035 B-09.00440 February 24, 2014 March 26, 2025
    7 Digikredit Finance Private Limited Office No 260, 1st Floor, Raghuleela Mega Mall, Behind Poisar Bus Depot, Off S.V. Road, Kandivali West, Mumbai, Maharashtra 400067 N-13.02223 February 07, 2018 March 28, 2025
    8 Rutgers Investment and Trading Company Private Limited 29, Bank Street, 1st Floor, Fort, Mumbai, Maharashtra – 400001 13.00353 March 18, 1998 March 28, 2025

    ii) Cancellation of CoR due to NBFC ceasing to be a legal entity due to amalgamation/ merger/dissolution/ voluntary strike-off, etc.:

    Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Date of cancellation of CoR
    1 Joindre Finance Private Limited 1607 16th Floor, Lodha Supremus, Opp. Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra – 400013 N-13.01838 August 31, 2006 March 17, 2025
    2 Jasol Investment & Trading Co Pvt Ltd 1607 16th Floor, Lodha Supremus, Opp. Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra – 400013 13.00864 May 26, 1998 March 17, 2025
    3 S. M. Management Private Limited Makum Road Tinsukia, Assam – 786125. 08.00174 August 10, 2005 March 20, 2025

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/70

    MIL OSI Economics –

    April 9, 2025
  • MIL-OSI NGOs: Coalition’s rubbery gas numbers can’t conceal disastrous energy plan

    Source: Greenpeace Statement –

    SYDNEY, Wednesday 9 April 2025 – In response to the Coalition’s newly released gas policy modelling, Joe Rafalowicz, Head of Climate and Energy at Greenpeace Australia Pacific, said: 

    “Peter Dutton’s policy to supposedly achieve meagre changes to gas prices is a distraction from the fact that we don’t need gas and the seismic blasting, methane leaks or fracking it involves, because we already have the technology available to build affordable clean energy to power homes and businesses for the long term.

    “Gas is a dangerous fossil fuel that drives worsening floods, bushfires, cyclones and droughts. The Coalition wants to greenlight gas expansion like Woodside’s Browse project and fracking in the Beetaloo Basin, which threaten our environment and the climate. 

    “The Coalition’s energy policy and its ‘modelling’ on electricity prices simply don’t pass the sniff test. A future-proof policy is one that accelerates the transition to clean, affordable renewable energy, helps Australian businesses electrify and get off gas, and quickly phases out fossil fuels. 

    “Renewable energy is already the cheapest form of energy, and is reducing or even eliminating electricity bills for millions of Australian homes and businesses today. When it comes to reducing bills, gas simply cannot compete with renewables.

    “Australians can’t afford worsening gas-fuelled climate disasters like the Black Summer bushfires, Tropical Cyclone Alfred, and the Queensland floods that have racked up clean-up costs in the billions of dollars. 

    “The Coalition has also refused to dump its nuclear plans despite criticism from fellow Liberals, and estimates by experts which show that the cost of building nuclear reactors alone will cost taxpayers up to $600 billion. Peter Dutton has provided no plan for how the additional costs of nuclear waste management, insurance, and safety will be funded either. 

    “The enormous costs of the Coalition’s plan to expand climate-wrecking gas and build risky nuclear reactors in Australia overshadow any paltry gas savings released in its questionable modelling today.” 

    —ENDS—

    For more information or to arrange an interview, please contact Vai Shah on 0452 290 082 / [email protected]. 

    MIL OSI NGO –

    April 9, 2025
  • MIL-OSI Africa: Namibia Strengthens Uranium Market with Exploration and Production (E&P) Expansion

    Source: Africa Press Organisation – English (2) – Report:

    CAPE TOWN, South Africa, April 9, 2025/APO Group/ —

    Namibia is expanding its uranium industry through a combination of established operations and new Exploration and Production (E&P) initiatives. With an average production of 5,613 metric tons in recent years, Namibia has solidified its position as the world’s third-largest uranium producer.

    As global interest in uranium increases to meet growing demand for nuclear electricity, the country is intensifying cooperation with international E&P companies to unlock the full potential of its uranium market. The upcoming African Mining Week – taking place October 1-3 in Cape Town – will connect investors with lucrative prospects within Namibia.

    2025 Milestones

    Recent developments highlight Namibia’s growth trajectory in the uranium sector. In February 2025, Canada’s Snow Lake Resources launched Phase 2 drilling at its Engo Valley project, targeting up to 7,500 meters of reverse circulation and diamond drilling. A maiden resource estimate for the project is expected in the second half of the year. Pioneer Lithium also acquired Rodon Metals, operator of the Warmbad Project, committing A$1.675 million to geological surveys and exploration to expand the mine.

    Meanwhile, Connected Minerals commenced drilling at the highly prospective Swakopmund project in January 2025, after securing a prospecting license from the Namibian government. The company is also exploring the Etango North-East project, where high-grade uranium mineralization was confirmed in November 2024. Deep Yellow Limited is expected to make a final investment decision for its 79-million-pound Tumas Expansion Project in the first quarter of 2025. The project is projected to produce 6 million pounds per annum over 30 years as from 2026, increasing Namibia’s production capacity.

    2024 Achievements

    Namibia experienced several market growth milestones in 2024, with new discoveries made and new exploration and production campaigns launched. Australia’s Paladin Energy achieved a record production of 1.2 million pounds in the second half of 2024. The company aims to set a new record of 3.6 million pounds by June 2025.  Beyond large-scale operations, Namibia has seen a surge in new market entrants and partnerships. Madison Metals and Star Minerals partnered to accelerate the development of the Cobra Project. Australia’s Gibb River Diamonds secured three new licenses in the Erongo District, while Hertz Energy applied for two prospecting licenses. Oar Resources secured A$1 million in funding from shareholders to finance two greenfield uranium projects.

    Amidst these developments, African Mining Week will feature high-level panel discussions and exclusive networking sessions, connecting global investors with Namibia’s rapidly growing uranium sector. The event will foster collaboration between global mining firms and Namibian stakeholders, laying the foundation for accelerated growth across the country’s uranium market.

    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    MIL OSI Africa –

    April 9, 2025
  • MIL-OSI United Kingdom: Ajay Sharma named new British High Commissioner to Malaysia

    Source: United Kingdom – Government Statements

    World news story

    Ajay Sharma named new British High Commissioner to Malaysia

    Mr Ajay Sharma CMG has been appointed British High Commissioner to Malaysia in succession to Ms Ailsa Terry CMG.

    Mr Ajay Sharma CMG

    This is Ajay’s fourth Head of Mission role. He was the UK Chargé d’affaires to Iran from 2013 to 2015, the British Ambassador to Qatar from 2015 to 2020 and Chargé d’affaires to Turkey from 2022 to 2023. Ajay has also served in Moscow and in Paris as the Deputy Ambassador to France.

    Prior to taking up this role, Ajay was a Director International Affairs in the National Security Secretariat of the Cabinet Office and a Director in the Foreign and Commonwealth and Development Office.

    During his 30-year career as a diplomat, Ajay has been involved in several international negotiations, including as the UK Representative for a Cyprus Settlement from 2021 to 2022 and as the Deputy Negotiator for the Iran Nuclear Deal (JCPOA).

    Born in London, Ajay is a graduate of Oxford University. He is fluent in French and Turkish, and is currently learning Bahasa Melayu.

    Ajay is set to arrive in Malaysia with his family in the next few weeks to commence his appointment. David Wallace remains the Acting High Commissioner until Ajay arrives.

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    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to statements by Swedish Defence Minister Jonson opposing China’s threats and supporting deepening relations with Taiwan

    Source: Republic of China Taiwan

    MOFA response to statements by Swedish Defence Minister Jonson opposing China’s threats and supporting deepening relations with Taiwan

    Date:2025-04-04
    Data Source:Department of European Affairs

    April 4, 2025

    Swedish Minister for Defence Pål Jonson stated in response to a question from Member of the Riksdag Björn Söder on April 2 that the security of Europe and Asia was closely linked, that Sweden and the European Union were paying close attention to peace and security in the Indo-Pacific region, that China’s actions towards Taiwan were worrying, and that military threats were unacceptable. Sweden reiterated that differences across the Taiwan Strait must be resolved peacefully and that the will of the Taiwanese people must be respected.

    Minister of Foreign Affairs Lin Chia-lung sincerely thanks the Swedish government for monitoring cross-strait peace and stability and expresses Taiwan’s hope of continuing to deepen relations with Sweden through long-term and comprehensive cooperation. As a responsible member of the international community, Taiwan will work with like-minded partners to urge China to stop threatening Taiwan and unilaterally escalating the situation in the region.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to US, Japan, ROK joint statement reaffirming importance of cross-strait peace and stability

    Source: Republic of China Taiwan

    MOFA response to US, Japan, ROK joint statement reaffirming importance of cross-strait peace and stability

    Date:2025-04-04
    Data Source:Department of North American Affairs

    April 4, 2025

    On April 3, US Secretary of State Marco Rubio, Japanese Foreign Minister Takeshi Iwaya, and Republic of Korea Foreign Minister Cho Tae-yul met in Brussels. The joint statement issued after their meeting emphasized the importance of maintaining peace and stability across the Taiwan Strait as an indispensable element of security and prosperity for the international community. They expressed concern about provocative actions, particularly the recent military drills around Taiwan, and called for an end to further destabilizing actions. The three countries encouraged the peaceful resolution of cross-strait issues and opposed any attempts to unilaterally change the status quo by force or coercion. They also voiced support for Taiwan’s meaningful participation in international organizations.

    Minister of Foreign Affairs Lin Chia-lung thanks the US, Japanese, and ROK foreign ministers for again affirming their support for peace and stability across the Taiwan Strait and expressing concern over China’s provocative actions and military exercises. The latest pronouncement echoes the statement following their meeting on the sidelines of the Munich Security Conference in February. It is a further demonstration that maintaining cross-strait peace and stability has become a matter of international consensus and common interest. Countries around the world clearly recognize that it is China that is a destabilizing force in global society and is attempting to change the status quo. As a responsible member of the international community, Taiwan will continue to work with the United States, Japan, the Republic of Korea, and other democratic partners to jointly ensure regional and cross-strait peace, stability, and prosperity.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to IPAC statement strongly condemning China’s military exercises around Taiwan

    Source: Republic of China Taiwan

    MOFA response to IPAC statement strongly condemning China’s military exercises around Taiwan

    Date:2025-04-05
    Data Source:Department of European Affairs

    April 5, 2025

    The Inter-Parliamentary Alliance on China (IPAC) issued a statement on April 4 strongly condemning Beijing’s recent military exercises around Taiwan. It pointed out that the actions of China’s People’s Liberation Army (PLA) Eastern Theater Command were escalatory, provocative, and without justification. It also stated that Beijing’s calculated escalations around Taiwan had gone on for far too long and that the international community could not stand idly by as the cross-strait status quo was eroded, harming the people of Taiwan and global stability. It added that Taiwan’s security was inextricably linked to the security of the global economy. IPAC called on governments worldwide to condemn the PLA’s military activities and violent rhetoric and reiterated its appeal to the international community to develop a coordinated response plan to prevent the situation from further deteriorating.

    The IPAC statement has already been signed by 43 members of parliament as well as prominent political figures from 25 countries and the European Parliament, underscoring a high degree of international consensus on the importance of maintaining peace and stability across the Taiwan Strait.

    Minister of Foreign Affairs Lin Chia-lung welcomes the statement, thanks like-minded friends for supporting Taiwan through concrete action, and urges democratic countries to unite in the face of China’s military threats. The Ministry of Foreign Affairs reaffirms that peace and stability across the Taiwan Strait are indispensable to global security and prosperity and that Taiwan will continue to work hand in hand with the international community to safeguard a free and open Indo-Pacific region.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to G7 foreign ministers’ statement on China’s large-scale military drills

    Source: Republic of China Taiwan

    MOFA response to G7 foreign ministers’ statement on China’s large-scale military drills

    Date:2025-04-07
    Data Source:Department of North American Affairs

     April 7, 2025 

    On April 6, the Group of Seven (G7) foreign ministers and the European Union high representative for foreign affairs and security policy issued a joint statement expressing deep concern about China’s provocative actions, particularly the recent large-scale military drills around Taiwan. They stressed that these increasingly frequent and destabilizing activities were raising cross-strait tensions and putting global security and prosperity at risk. They pointed out that G7 members and the larger international community had an interest in the preservation of peace and stability across the Taiwan Strait. The G7 members said they opposed any unilateral actions that threatened peace and stability, including the use of force or coercion. They also continued to encourage the peaceful resolution of issues through constructive cross-strait dialogue.
     
    Minister of Foreign Affairs Lin Chia-lung sincerely thanks the G7 foreign ministers for again taking concrete action to voice concern over China’s recent provocative large-scale military exercises. The latest pronouncement follows a joint statement supporting cross-strait peace and stability after the G7 foreign ministers’ meeting in Quebec this March. These actions underscore the international consensus on maintaining the status quo across the Taiwan Strait and the fact that cross-strait peace and stability are indispensable to global security and prosperity. As a responsible member of the international community, Taiwan will continue to work with democratic partners to jointly safeguard peace, stability, and prosperity in the region and across the Taiwan Strait. 

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Asia-Pac: MOFA response to second EU-Japan Strategic Dialogue reaffirming importance of cross-strait peace and stability

    Source: Republic of China Taiwan

    MOFA response to second EU-Japan Strategic Dialogue reaffirming importance of cross-strait peace and stability

    Date:2025-04-07
    Data Source:Department of European Affairs

    April 7, 2025  

    European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas and Japanese Minister for Foreign Affairs Takeshi Iwaya held the second EU-Japan Strategic Dialogue on April 4 in Brussels. In a statement issued after the meeting, they reaffirmed that peace and stability across the Taiwan Strait were of strategic importance for regional and global security and prosperity. They expressed opposition to any unilateral attempts to change the status quo by force or coercion. In addition, they highlighted the interconnected security environments of Europe and the Indo-Pacific and agreed on the need to maintain close coordination and cooperation on key global and regional foreign policy priorities under the Group of Seven (G7) framework.
     
    Minister of Foreign Affairs Lin Chia-lung sincerely welcomes and appreciates the continued concern shown by like-minded partners such as the EU and G7 over peace and stability across the Taiwan Strait and in the Indo-Pacific. The Ministry of Foreign Affairs emphasizes that Taiwan will continue to work with democratic partners to uphold the rules-based international order. Taiwan will do its utmost to maintain cross-strait peace and stability and safeguard regional prosperity and development.

    MIL OSI Asia Pacific News –

    April 9, 2025
  • MIL-OSI Economics: RBI issues draft Directions on the regulatory measures announced in SDRP

    Source: Reserve Bank of India

    In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies today, the Reserve Bank has released the draft Directions on the following subjects:

    1. Reserve Bank of India (Securitisation of Stressed Assets) Directions, 2025

    2. Reserve Bank of India (Co-Lending Arrangements) Directions, 2025

    3. Reserve Bank of India (Lending Against Gold Collateral) Directions, 2025

    4. Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025

    The comments on the draft Directions are invited from public/stakeholders till May 12, 2025. Comments/feedback may be submitted through the respective links under the ‘Connect 2 Regulate’ Section available on the RBI’s website or may alternatively be forwarded to:

    The Chief General Manager
    Credit Risk Group
    Department of Regulation, Central Office
    Reserve Bank of India, 12/13th Floor,
    Shahid Bhagat Singh Marg,
    Fort Mumbai – 400 001
    Or
    by email

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/69

    MIL OSI Economics –

    April 9, 2025
  • MIL-OSI Australia: Cheer on our Olympians and Paralympians at the AIS

    Source: Northern Territory Police and Fire Services

    Canberrans gathered to watch the Matildas play at Canberra’s last watch party in Garema Place.

    The Australian Institute of Sport (AIS) Arena has been selected as a live site for the Paris 2024 Olympic and Paralympic Games.

    There will be two watch parties in the recently upgraded arena. Sit back on a bean bag and watch the Games on the big screens.

    You can also head along to the AIS Visitor Centre to watch the Channel 9 broadcast of the Games. It will be screening from 26 July until 11 September.

    Here’s everything you need to know:

    When is it on?

    There will be two watch parties in August:

    • Sunday 4 August for the Olympics
    • Sunday 31 August for the Paralympics

    Both events will run from 10am to 2pm.

    How much are tickets?

    The events are free, but bookings are required.

    Book your ticket for the Olympics LIVE Watch Party.

    Book your ticket for the Paralympics LIVE Watch Party.

    What are the food options?

    There will be local food trucks at the arena selling food and drink.

    Is it family-friendly?

    Absolutely. Children are welcome to attend and there will be kids’ entertainment options at both parties.

    Are there other entertainment options?

    Entertainment options include:

    • children’s face painting
    • colouring in
    • sport demonstrations and challenges
    • free AIS tours every 30 minutes
    • free entry to Sportex, the interacting sporting exhibit
    • meet and greet past Olympians and Paralympians to see their medals
    • an Olympic podium and photo wall.

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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Australia: Robert Foster artwork finds new home at Kingston Arts Precinct

    Source: Northern Territory Police and Fire Services

    The Journey contains 37 individual plexiglass cones, known as ‘Ossolites’.

    An award-winning Robert Foster artwork is the first confirmed for display in the future Kingston Arts Precinct.

    The artwork, titled The Journey, was gifted to the ACT Government.

    The work

    Many Canberrans will know The Journey. It had pride of place in the foyer of ActewAGL’s Bunda Street premises for over ten years.

    The artwork spans around 300 square metres. It contains 37 plexiglass cones, known as ‘Ossolites’.

    These glow different colours according to the time of day. Inbuilt motion sensors also interact with viewers’ movement.

    ActewAGL commissioned The Journey in 2010, to mark its 10th anniversary.

    The company offered the work to the ACT Government following the sale of the Bunda Street building.

    It will now be refurbished and incorporated into the new Kingston Arts Precinct design.

    Although The Journey is a gift to the ACT Government, the artist’s estate will receive a voluntary royalty.

    This acknowledges the change in ownership and the artist’s continuing interest in the work.

    Under the Artist’s Resale Royalty Scheme, artists and their estates are entitled to a 5 per cent royalty whenever an eligible artwork resells in Australia.

    The artist

    The late Robert Foster was a renowned local artist, best known for the iconic F!NK water jug.

    His works are held in major public collections. These include the National Gallery of Australia, the Victoria and Albert Museum, London, and the Museum of Modern Art, New York.

    Robert died following a car accident in 2016.

    He established F!NK + Co, a design and manufacturing company, with his wife, Gretel Harrison. It has employed many artists who have gone on to productive careers as designers and makers in the region.

    “I am super appreciative of artsACT for finding a new home for Robert’s sculpture The Journey so that once again people will be able to walk through his mesmerising forest of lights,” Gretel said.

    F!NK + Co will work with the Kingston Arts Precinct design team to integrate The Journey into its new home.

    The Kingston Arts Precinct

    The Kingston Arts Precinct will be a hub for arts organisations in Canberra.

    It will house:

    • Canberra Contemporary Art Space
    • Canberra Glassworks
    • Craft ACT
    • M16 Artspace
    • Megalo Print Studio
    • PhotoAccess
    • a new space for Canberra’s Aboriginal and Torres Strait Islander communities.

    The precinct will be a fitting new home for The Journey where it will captivate a new audience and further honour the artist’s legacy.

    Find out more about the Kingston Arts Precinct at BuiltforCBR.


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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Australia: Canberra’s best curries

    Source: Northern Territory Police and Fire Services

    Tokyo Canteen offers a delicious Japanese curry. Image: VisitCanberra

    Few foods are as comforting as a curry – especially on a cold Canberra day. Curries encompass dishes from many different cuisines, meaning there is a curry for every taste and mood.

    We asked Canberrans on the WeAreCBR page to name their favourite curries. Here are the best, as voted by you:

    This restaurant is tucked away at Manuka shops. Its menu includes thali, a Nepalese dish with a choice of curry sauce and proteins. There are also options for vegetarians.

    Canberrans from Woden and beyond have flocked to Pearce for Rama’s curries for 29 years. The fusion menu offers a fresh take on Indian cuisine.

    Spice Affair offers dishes from different regions of India. Whether you’re craving a korma, madras, daal, vindaloo or rogan josh, their extensive menu has it all.

    Locals love Spice Route for its flavourful dishes. The menu includes many traditional Indian dishes and an Indo-Chinese section.

    This Belconnen favourite is a short drive from Melba shops. Its menu boasts butter chicken, korma, jalfrezi, rogan josh, vindaloo and many more Indian curry dishes.

    No. 8 Thai is at Griffith shops. The menu includes Thai curries like green curry, red curry, yellow curry, massaman, and panang.

    Taj Agra is another longstanding Canberra favourite, having opened here 20 years ago. The menu is packed with north Indian classics including tandoori dishes, chettinad, tikka masala and more.

    Kinn Thai has an extensive menu that includes barramundi curry, panang curry, green curry, massaman beef curry and a red duck curry.

    Mirchi features mainly north Indian dishes, with a handful from southern India too. There are fragrant, spiced dishes on the menu for vegetarians and meat eaters.

    The former owners of Sukothia and the Red Hill Tea House have opened Myanmar Corner to celebrate their native Myanmar dishes. The menu is a unique fusion of Indian, Thai and Chinese cuisine.

    Indo Café, Canberra City

    A lunchtime favourite for hungry city workers. Indo Cafe is well-known for its delicious curries. Their lunch specials are quick, affordable and the perfect remedy for chilly winter days.

    The Mustang offers a section of traditional dishes from Nepal and the surrounding region. There are many curries, including palak paneer, butter chicken, prawn curry and more. They cater to vegetarians, vegans and those who are gluten-free.

    Lamb shank massaman, wagyu panang, and salmon green curry are just some of the dishes you’ll find at Chong Co. There are vegetarian, vegan and gluten free options on the menu.

    The menu at Blu Ginger is reflective of India’s diverse cuisine. You’ll find the seafood allepy curry from Kerala, Goanese fish curry and Punjabi saagwala curry among many others.

    Dum Dickson offers traditional Indian curries including madras, korma, saag, vindaloo, rogan josh and more. They have a range of protein options on their menu, and a large vegetarian section.

    7 Village has a large menu that’s a mix of Indian and Sri Lankan dishes. There are traditional curries and chef’s specials. They also offer meal deals and lunch specials.

    Yogi’s fragrant curries have made them a firm favourite for those in the inner south. They offer authentic Indian dishes, with options for vegetarians.

    For a Japanese take on curry, visit Tokyo Canteen for their kare raisu Japanese curry. Choose from either panko chicken, tempura prawn or tofu.

    Did we miss your favourite? Send us an email at ourcanberra@act.gov.au.


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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Australia: Rehab robots help patients with brain injuries

    Source: Northern Territory Police and Fire Services

    The equipment can help to improve function after serious brain injuries.

    Three new robots at the University of Canberra Hospital are helping patients recover from serious brain injuries.

    The hospital is the second public facility of its kind in Australia to offer this service. The robots are a joint venture between Canberra Health Services and the University of Canberra.

    The equipment is a tool for treating patients. It can help them to improve function after serious brain injuries including stroke.

    World experts have trained the hospital’s team to use these robots. This helps them to find the best ways to build the robots into client treatment.

    Students studying occupational therapy and physiotherapy at the university will learn about robotics as part of their coursework. The students will be involved in ongoing research projects at the university.

    The university’s Honours students will also be speaking to clinicians and patients about the robots and how they have helped to improve treatment and further build on research.

    “By embedding elements of robotics rehabilitation into the University’s relevant course curricula, our students will be exposed to this innovative technology,” Professor Stuart Semple, Executive Dean of the Faculty of Health, University of Canberra said.

    “That will enhance their learning outcomes and career opportunities in the health workforce of the future.”

    The ACT Government and the Canberra Hospital Foundation funded the three robots. Generous donors and the Canberra Hospital Foundation’s community partnership with GIO also helped.


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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Australia: Accessing payments and services now easier for new parents

    Source: Northern Territory Police and Fire Services

    A new trial is helping parents access government payments and services more easily when having a baby.

    Parents having a baby at Canberra Hospital or North Canberra Hospital can now take part in the Birth of a Child Newborn Enrolment Trial.

    In partnership with Services Australia, the ACT Government is trialling an Australian-first where parents can register the birth of their baby across federal and territory government agencies using myGov.

    The trial makes it easier for parents to access government services and register their baby’s birth.

    By signing up to the trial, the hospital will share information with Services Australia to:

    • enrol their baby in Medicare and receive a new Medicare card with their baby added
    • enrol their baby in the Australian Immunisation Register
    • register for their family’s Medicare Safety Net
    • register their baby for a My Health Record
    • let Centrelink know about the birth of their child to finalise their application for family assistance
    • register their baby’s birth with ACT Registry of Births, Deaths and Marriages.

    How to access the trial

    To enrol in the trial, new parents will need to ensure they:

    • check their details with the hospital are up to date
    • link their Medicare and Centrelink accounts to their myGov account
    • complete a pre-birth claim (as early as 3 months before the baby is born)
    • complete a new consent form (provided when your baby is born)
    • provide the completed consent form to the hospital before being discharged.

    When they agree to participate in the trial, they are agreeing to let Canberra Health Services share information about them and their baby with Services Australia.

    A collaborative approach

    The ACT Government is working with Services Australia to lead the trial.

    The trial automates newborn enrolment and birth registration processes across the state, territory and Commonwealth government agencies.

    It supports a cross-jurisdictional ‘tell us once’ approach – reducing the need for parents to re-supply information the government already holds.

    When a parent agrees to participate in the trial, they agree to Canberra Health Services (CHS) sharing information about them and their baby to Services Australia.

    The Birth of a Child Newborn Enrolment Trial helps remove administrative burden from parents, giving them more valuable time with their baby.

    The trial is part of a range of improved maternity services initiatives in the ACT.


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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Australia: The ultimate Canberra markets guide

    Source: Northern Territory Police and Fire Services

    From flowers and fresh produce to homewares and more.

    Local markets are more than just a place to grab a quick bite or pick up a few veggies.

    A visit to a local market is an opportunity to:

    • taste produce from local producers
    • browse wares from local artists
    • enjoy a delicious meal
    • listen to live music
    • support your community.

    No matter what side of the lake you live on, Canberra has some excellent markets.

    Some are weekly, some only come a few times a year – but all of them offer a unique Canberra experience.

    Here’s your guide to Canberra’s markets:

    The Capital Region Farmers Market

    For 20 years, the Capital Region Farmers Market has been connecting local producers with hungry Canberrans.

    You can find fresh fruit, vegetables, fish, meat and poultry. But there is also:

    • baked goods
    • nuts and seeds
    • dairy products
    • and plenty more.

    Plus, there is freshly prepared food and coffee. Take a seat and refuel with plenty of cuisines on offer.

    Southside Farmers Market

    Frequency: Every Sunday from 7am until 11pm

    A similar feel to the Capital Region Farmers Market, but on a smaller scale. It has a strong community feel, with smiling stallholders eager to have a chat.

    Don’t forget to pick up a coffee and something delicious to eat.

    Old Bus Depot Markets

    Frequency: every Sunday from 9:30am to 2:30pm

    These markets are held at the Old Bus Depot, a beautiful industrial building. There is a large range of vendors stocking a huge range of wares.

    Enjoy a variety of different cuisines, baked goods and coffee. The Old Bus Depot Markets have an especially strong arts, crafts and collectibles presence. Homewares, fashion and accessories are also popular.

    Haig Park Village Markets

    Frequency: every Sunday from 8am to 2pm

    This weekly market has a lovely community atmosphere. Dogs are welcome and it’s family friendly. The food options are particularly good, so be sure to arrive with an empty stomach.

    Hartley Hall Markets

    Frequency: The first Sunday of every month (except January) from 10:30am to 2pm

    These markets have a small-town country theme. There’s a very rural feel, with down-to-earth local suppliers.

    There’s produce, arts, crafts, gifts, and more. While you’re there, fuel up on fresh food at one of the many vendors, and enjoy some live music.

    The markets are dog-friendly and families are welcome. There is also plenty of parking, and the showgrounds and all facilities are accessible.

    Entry is a gold coin donation, which supports local disability service charity Hartley Lifecare.

    Little Burley Markets

    Frequency: every Saturday from 9am until 2pm

    This might just be Canberra’s most scenic markets. Set on the shores of Lake Burley Griffin, there are beautiful views year-round.

    Dogs are welcome and there are even dog treats for sale.

    There are plenty of food and coffee options, as well as homewares, accessories, flowers and more.

    Fyshwick Fresh Food Markets

    Frequency: every Thursday to Sunday from 7am to 5:30pm

    This was Canberra’s first farmers market, beginning more than 50 years ago.

    These days, you can find just about everything you need for your weekly shop. There’s delis, bakeries, cafes, produce shops and so much more. Niche Markets is a subsection of the markets where you’ll find specialty stores, fresh food options galore and Book Lovers Lane.

    Capital Food Market

    Frequency: every Monday to Friday from 8am to 6pm and, Saturday and Sunday from 8am to 8pm

    This market first opened in 1976 as the Belconnen Fresh Food Markets. It’s recently had a revamp and houses a wide variety of different retailers.

    In addition to produce, delices and bakeries there are a range of dining options including:

    • Florence Gelato
    • Le Cheeserie
    • What The Pho.

    There are more dining options arriving throughout the year.

    The Forage

    Location: various

    Frequency: a few times a year

    Canberra foodies await the announcement of the next Forage with bated breath. It’s a food lover’s dream, with dozens of local food and beverage businesses to choose from.

    There are often entertainment options including live music and performances.

    Handmade Market

    Frequency: Quarterly

    Each Handmade Market sees over 260 small businesses gather at EPIC. Each market presents a different array of stallholders. You can expect Australian designers and makers selling homewares, fashion, artworks and everything in-between.

    There is also a dedicated gourmet food hall.


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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Economics: Buntanetap shows promise in early Parkinson’s with mild dementia, says GlobalData

    Source: GlobalData

    Buntanetap shows promise in early Parkinson’s with mild dementia, says GlobalData

    Posted in Pharma

    At the recently held AD/PD 2025 International Conference on Alzheimer’s and Parkinson’s Diseases (PD), Annovis Bio reported buntanetap’s potential to improve both motor and cognitive functions in early-stage PD patients with mild dementia. This underscores the growing need for effective dementia treatments in PD, noting the drug’s promising sub-group outcomes as a critical step in addressing this significant unmet medical need, says GlobalData, a leading data and analytics company.

    Reportedly, buntanetap failed to reach the primary endpoint in the total intention-to-treat (ITT) population. But, showed potential at improving motor and non-motor functions in patients with early PD and mild dementia.

    Following sub-group analysis of early PD patients with mild dementia, as measured by a Mini Mental State Examination (MMSE) of 20-26, cognitive decline was prevented in patients who received 20mg of buntanetap for six months. In addition, buntanetap demonstrated improvements in MDS-UPDRS Parts I, II, III, and IV, Clinical Global Impression of Severity (CGIS), Wechsler Adult Intelligence Scale fourth edition (WAIS-IV), and Participant Global Impression of Change (PGIC) clinical endpoints, meeting all primary and secondary endpoints in this sub-group. As such, improvements in both cognition and motor function signal a promising therapy for patients with early PD with mild dementia.

    Christie Wong, Managing Neurology Analyst at GlobalData, comments: “The key opinion leaders (KOLs) previously interviewed by GlobalData overwhelmingly cited dementia as the most difficult-to-treat non-motor symptom of PD. The development of more effective therapies for dementia is a major unmet need in PD, as the current therapies provide only modest benefit. KOLs stated that dementia is a common problem in PD patients that further affects medication compliance and remains difficult to treat.”

    However, drug development for this indication has historically been challenging. For example, IRLAB Therapeutics recently announced that while the Montreal Cognitive Assessment (MoCA) indicated an improvement in cognitive impairment for patients treated with 600mg of pirepemat, it did not reach statistical significance in a Phase IIb study (REACT-PD [NCT05258071]).

    Moving forward, Annovis Bio plans to explore biomarkers to differentiate patients with PD from patients without PD, as well as understanding the differences between PD patients with cognitive impairment and patients with Alzheimer’s disease. In addition, the company has requested a Type C meeting with the FDA, with the intention to conduct a randomized, double-blind, placebo-controlled, multi-center Phase II/III study in patients with dementia with Lewy bodies and PD dementia.

    Wong concludes: “In the late-stage pipeline, there are currently three assets that investigate cognitive function in PD patients; buntanetap is set to compete with Anavex’s blarcamesine and IRLAB Therapeutics’ pirepemat. Pipeline agents that address cognitive complications, including PD dementia, will likely see a high initial uptake following approval due to the limited availability of approved treatments for this indication and high unmet need.”

    *7MM = The US, France, Germany, Italy, Spain, the UK, and Japan.

    MIL OSI Economics –

    April 9, 2025
  • MIL-OSI Banking: US tariffs on Vietnamese imports trigger strategic pivot as growth forecast trimmed to 6.5% for 2025: GlobalData

    Source: GlobalData

    US tariffs on Vietnamese imports trigger strategic pivot as growth forecast trimmed to 6.5% for 2025: GlobalData

    Posted in Business Fundamentals

    Following the news that the 10% US import tariff, including a 46% hike specifically targeting Vietnamese goods, will take effect on 09 April 2025;

    Annapurna Pillutla, Analyst, Economic Research at GlobalData, a leading data and analytics company, offers her view:

    “In response to the US tariffs, Vietnam reaffirmed its commitment to fair trade and transparency. Diplomatic engagement has been stepped up, with efforts to negotiate exemptions and clarify Vietnam’s trade and monetary policies. Vietnam is eliminating tariffs on US imports following Trump’s announcement of a 46% levy. Vietnam also proposed zero tariffs on the US goods and requested a delay of 45 days in tariff implementation, aiming for a mutually beneficial agreement.

    “Vietnam’s economy is heavily dependent on the export of goods and services, which constitute nearly 100% of its GDP. In 2024, goods exports to the US amounted to $136.6 billion, representing 30.1% of Vietnam’s GDP. The sharp escalation in tariffs on Vietnamese imports signals a critical juncture in Vietnam-US trade dynamics. Given the US accounts for close to a third of Vietnam’s GDP through goods exports, the latest measures introduce significant downside risks, particularly to export-reliant industries such as textiles and footwear, where cost pressures and competitive positioning are already under strain. “Against this backdrop, GlobalData has revised the forecast of Vietnam’s GDP growth to 6.5% in 2025, down from 6.7%, as demand from one of its largest trading partners softens.

    “This development is expected to fast-track Vietnam’s strategic shift toward economic diversification. Beyond intensified trade negotiations, the government is now likely to double down on initiatives to attract high-value foreign investment, scale up digital capabilities in manufacturing, and strengthen bilateral trade ties with economies in the EU, India, and Latin America. Over time, such moves could reduce Vietnam’s exposure to single-market volatility and set the foundation for more resilient and balanced growth.”

    MIL OSI Global Banks –

    April 9, 2025
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