Category: Economy

MIL-OSI United Kingdom: Ideal choice for shoppers as new businesses open at Leeds Kirkgate Market

Source: City of Leeds

New businesses are making Leeds Kirkgate Market an even better choice for shoppers as its multi-million pound improvements programme continues to deliver the goods.

An impressive total of 18 indoor businesses have opened at the historic and much-loved retail destination over the course of the last 12 months.

And although the market’s food offer remains as strong as ever, the range of other products being sold by its latest arrivals are a reminder that this is a shopping spot with something for everyone.

One of the recently-opened businesses, Zen & Pops, is based in the 1904 Hall and specialises in autism-friendly sensory and educational toys.

Toys Shop, another newcomer that is sure to be a hit with younger customers, can be found in the 1981 Hall.

Luggage retailer Bargain Bags has opened in the 1981 Hall while a furniture business, Buy Direct UK, that was already trading at the market has expanded its presence there by moving into a large previously-vacant unit, again in the 1981 Hall.

The recent flurry of openings has come as work continues on Leeds City Council’s £10m refurbishment of the market’s 19th-century ‘blockshops’ area.

The first phase of the scheme saw a total of 24 units renovated and improved with features such as new canopy fronts, electric roller shutters, extraction ducting, LED lighting and extra storage space.

Another 16 units were completed earlier this year, with one of the new businesses in this section – Hellenic Delicacies & More, a delicatessen selling Greek grocery products and pastries – set to open shortly.

Work on the renovation of the remaining 12 blockshop units is due to finish next year.

Footfall figures for 2024, meanwhile, show the market received more than 5.9m visits over the year, four per cent up on the total for 2023.

Those figures were in part driven by a packed summer schedule of free family-friendly activities.

And visitors to the market can look forward to more of the same in 2025, with a free children’s activities programme running there from July 21 to August 29.

The What’s on at Kirkgate webpage will be updated through the summer with details about this year’s programme, which will include fun sessions featuring everything from circus skills to real-life arcade-style games.

Councillor Jonathan Pryor, Leeds City Council’s deputy leader and executive member for economy, transport and sustainable development, said:

“Leeds Kirkgate Market is rightly renowned for the quality and value of the produce served up by its butchers, greengrocers, fishmongers, bakers and array of other food retailers.

“That’s not all the market has to offer, though, as shown by the range of exciting new businesses that have opened there over the last year.

“I’m delighted that our substantial investment in this important local landmark is making it even more attractive for traders and customers alike.

“The support of everyone who works or shops at the market is very much appreciated as we continue our efforts to ensure its future is just as bright as its long and storied past.”

Dating back to 1875, the blockshops are the oldest surviving structures at the market and comprise eight two-storey buildings linked by an infill glazed roof.

The ongoing transformation of the area’s trading units has been complemented by wider structural work which has seen roofing repaired, walkways brightened up with new glazing, new guttering installed and floors lowered to enhance accessibility.

For more information about trading opportunities in both the blockshops and the market as a whole, click here.

ENDS

MIL OSI United Kingdom –

July 15, 2025
MIL-OSI USA: Governor Walz Authorizes Disaster Relief Financial Assistance to Veterans

Source: US State of Minnesota

Governor Tim Walz today issued Executive Order 25-07, amending Executive Order 25-06, to authorize the Minnesota Department of Veterans Affairs to activate the State Soldiers Assistance Program Disaster Relief Program. This financial assistance will help veterans and their families recover from the recent severe storms impacting Beltrami County.

MIL OSI USA News –

July 15, 2025
MIL-OSI Africa: Government working to safeguard the integrity, effectiveness of the police

Source: Government of South Africa

President Cyril Ramaphosa has assured South Africans that government is hard at work to safeguard the integrity and effectiveness of the police service.

The President made these remarks in his weekly newsletter to the nation, just a day after announcing the establishment of a commission of inquiry to investigate serious allegations made by SAPS KwaZulu-Natal Provincial Commissioner, Lieutenant General Nhlanhla Mkhwanazi.

“We have taken this decisive step because we are determined that the important work that has been done to rebuild our law enforcement agencies and security services should not be compromised.

“It is necessary that we establish the facts through an independent, credible and thorough process so that we can safeguard public confidence in the police service. This is particularly important as we seek to put the era of state capture behind us,” the President said.

The commission of inquiry, to be chaired by Acting Deputy Chief Justice Mbuyiseli Madlanga, will investigate allegations made by General Mkhwanazi that the Minister of Police and others had colluded to interfere with police investigations.

The commission will investigate allegations relating to the infiltration of law enforcement, intelligence and associated institutions within the criminal justice system by criminal syndicates.

Among the allegations that the commission may investigate are the facilitation of organised crime; suppression or manipulation of investigations; inducement into criminal actions by law enforcement leadership; commission of any other criminal offences and intimidation, victimisation or targeted removal of whistleblowers or officials resisting criminal influence.

“The commission will investigate the role of current or former senior officials in certain institutions who may have aided or abetted the alleged criminal activity; failed to act on credible intelligence or internal warnings; or benefited financially or politically from a syndicate’s operations,” the President said.

Institutions under scrutiny include the South African Police Service, National Prosecuting Authority, State Security Agency, the Judiciary and Magistracy, and the metropolitan police departments of Johannesburg, Ekurhuleni and Tshwane.

The commission will also investigate whether any members of the National Executive responsible for the criminal justice system, were complicit, aided and abetted, or participated in the acts mentioned above.

The commission will be asked to report on the effectiveness or failure of oversight mechanisms, and the adequacy of current legislation, policies and institutional arrangements in preventing such infiltration.

It will make findings and recommendations for criminal prosecutions, disciplinary actions and institutional reform.

Once established, the commission shall consider prima facie evidence relating to the involvement of individuals currently employed within law enforcement or intelligence agencies.

Where appropriate, the commission must make recommendations on the employment status of such officials, including whether they should be suspended pending the outcome of further investigations.

The commission will also be empowered to refer matters for immediate criminal investigation and urgent decisions on prosecution, taking into account the nature of the allegations and evidence the commission will uncover.

In order for the commission to execute its functions effectively, the President decided to put the Minister of Police Senzo Mchunu on a leave of absence with immediate effect. He said the Minister has undertaken to give his full cooperation to the commission to enable it to do its work.

In his place, the President has appointed Professor Firoz Cachalia as Acting Minister of Police. Cachalia is currently a professor of law at the University of the Witwatersrand and is the chairperson of the National Anti-Corruption Advisory Council. He previously served as an MEC of Community Safety in Gauteng.

President Ramaphosa emphasised that the commission is being established against the backdrop of significant progress in rebuilding and strengthening the country’s law enforcement agencies and security services.

In recent years, the South African Police Service, the Special Investigating Unit, the Asset Forfeiture Unit and other bodies have been making important inroads in the fight against organised crime and corruption.

“It is essential that we maintain this momentum and that we intensify this work. We will ensure that the SAPS and other law enforcement agencies continue to function without hindrance as the commission undertakes its work,” the President said.

He called on all members of the law enforcement agencies and security services to remain steadfast in upholding the rule of law and adhering to their code of conduct.

“I call on all South Africans to support the commission in its work and, where appropriate, to provide any information or assistance the commission may require.

“In establishing this Commission of Inquiry, we are affirming our commitment to the rule of law, to transparency and accountability, and to building a South Africa in which all people are safe and secure,” he said. – SAnews.gov.za

MIL OSI Africa –

July 15, 2025
China’s economy slows as consumers tighten belts, US tariff risks mount

Source: Government of India

Source: Government of India (4)

China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

The world’s No. 2 economy has so far avoided a sharp slowdown in part due to policy support and as factories took advantage of a U.S.-China trade truce to front-load shipments, but investors are bracing for a weaker second half as exports lose momentum, prices continue to fall, and consumer confidence remains low.

Policymakers face a daunting task in achieving the annual growth target of around 5% – a goal many analysts view as ambitious given entrenched deflation and weak demand at home.

Data on Tuesday showed China’s gross domestic product (GDP) grew 5.2% in the April-June quarter from a year earlier, slowing from 5.4% in the first quarter, but just ahead of analysts’ expectations in a Reuters poll for a rise of 5.1%.

“China achieved growth above the official target of 5% in Q2 partly because of front loading of exports,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management.

“The above target growth in Q1 and Q2 gives the government room to tolerate some slowdown in the second half of the year.”

On a quarterly basis, GDP grew 1.1% in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9% increase and a 1.2% gain in the previous quarter.

Investors are closely watching for signs of fresh stimulus at the upcoming Politburo meeting due in late July, which is likely to shape economic policy for the remainder of the year.

Beijing has ramped up infrastructure spending and consumer subsidies, alongside monetary easing. In May, the central bank cut interest rates and injected liquidity as part of broader efforts to cushion the economy from U.S. President Donald Trump’s sweeping tariffs.

Some analysts believe the government could ramp up deficit spending if growth slows sharply.

Market reaction to the data was largely muted, with China’s blue-chip CSI300 Index .CSI300 reversing course to trade down 0.1%, while Hong Kong’s benchmark Hang Seng .HSI cut gains to trade up 0.7%.

HOUSEHOLDS PRESSURED

Separate June activity data also released on Tuesday underlined the pressure on consumers. While industrial output rose 6.8% year-on-year last month – the fastest pace since March, retail sales growth slowed down to 4.8%, from 6.4% in May and hitting the lowest since January-February.

Indeed, the headline GDP numbers held little sway for most households including 30-year-old doctor Mallory Jiang, in the southern tech hub Shenzhen, who says she and her husband both had pay cuts this year.

“Both our incomes as doctors have decreased, and we still don’t dare buy an apartment. We are cutting back on expenses: commuting by public transport, eating at the hospital cafeteria or cooking at home. My life pressure is still actually quite high.”

China observers and analysts say stimulus alone may not be enough to tackle entrenched deflationary pressures, with producer prices in June falling at their fastest pace in nearly two years.

Zichun Huang, China economist at Capital Economics, said the GDP data “probably still overstate the strength of growth.”

“And with exports set to slow and the tailwind from fiscal support on course to fade, growth is likely to slow further during the second half of this year.”

Data on Monday showed China’s exports regained some momentum in June as factories rushed out shipments to capitalise on the fragile tariff truce between Beijing and Washington ahead of a looming August deadline.

TARIFF, PROPERTY HEADWINDS

The latest Reuters poll projected GDP growth to slow to 4.5% in the third quarter and 4.0% in the fourth, underscoring mounting economic headwinds as Trump’s global trade war leaves Beijing with the tough task of getting households to spend more at a time of uncertainty.

China’s 2025 GDP growth is forecast to cool to 4.6% – falling short of the official goal – from last year’s 5.0% and ease even further to 4.2% in 2026, according to the poll.

China’s property downturn remained a drag on overall growth despite multiple rounds of support measures, with investment in the sector falling sharply in the first six months, while new home prices in June tumbled at the fastest monthly pace in eight months.

China’s top leaders pledged to push forward urban village renovation and quicken a new property development model, state media reported Tuesday.

Fixed-asset investment also grew at a slower-than-expected 2.8% pace in the first six months year-on-year, from 3.7% in January-May.

The softer investment outturn reflected the broader economic uncertainty, with China’s crude steel output in June falling 9.2% from the year before, as more steelmakers carried out equipment maintenance amid seasonally faltering demand.

“Q3 growth is at risk without stronger fiscal stimulus,” said Dan Wang, China director at Eurasia Group in Singapore.

“Both consumers and businesses have turned more cautious, while exporters are increasingly looking overseas for growth.”

(Reuters)

July 15, 2025
China’s economy slows as consumers tighten belts, US tariff risks mount

Source: Government of India

Source: Government of India (4)

China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.

The world’s No. 2 economy has so far avoided a sharp slowdown in part due to policy support and as factories took advantage of a U.S.-China trade truce to front-load shipments, but investors are bracing for a weaker second half as exports lose momentum, prices continue to fall, and consumer confidence remains low.

Policymakers face a daunting task in achieving the annual growth target of around 5% – a goal many analysts view as ambitious given entrenched deflation and weak demand at home.

Data on Tuesday showed China’s gross domestic product (GDP) grew 5.2% in the April-June quarter from a year earlier, slowing from 5.4% in the first quarter, but just ahead of analysts’ expectations in a Reuters poll for a rise of 5.1%.

“China achieved growth above the official target of 5% in Q2 partly because of front loading of exports,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management.

“The above target growth in Q1 and Q2 gives the government room to tolerate some slowdown in the second half of the year.”

On a quarterly basis, GDP grew 1.1% in April-June, the National Bureau of Statistics data showed, compared with a forecast 0.9% increase and a 1.2% gain in the previous quarter.

Investors are closely watching for signs of fresh stimulus at the upcoming Politburo meeting due in late July, which is likely to shape economic policy for the remainder of the year.

Beijing has ramped up infrastructure spending and consumer subsidies, alongside monetary easing. In May, the central bank cut interest rates and injected liquidity as part of broader efforts to cushion the economy from U.S. President Donald Trump’s sweeping tariffs.

Some analysts believe the government could ramp up deficit spending if growth slows sharply.

Market reaction to the data was largely muted, with China’s blue-chip CSI300 Index .CSI300 reversing course to trade down 0.1%, while Hong Kong’s benchmark Hang Seng .HSI cut gains to trade up 0.7%.

HOUSEHOLDS PRESSURED

Separate June activity data also released on Tuesday underlined the pressure on consumers. While industrial output rose 6.8% year-on-year last month – the fastest pace since March, retail sales growth slowed down to 4.8%, from 6.4% in May and hitting the lowest since January-February.

Indeed, the headline GDP numbers held little sway for most households including 30-year-old doctor Mallory Jiang, in the southern tech hub Shenzhen, who says she and her husband both had pay cuts this year.

“Both our incomes as doctors have decreased, and we still don’t dare buy an apartment. We are cutting back on expenses: commuting by public transport, eating at the hospital cafeteria or cooking at home. My life pressure is still actually quite high.”

China observers and analysts say stimulus alone may not be enough to tackle entrenched deflationary pressures, with producer prices in June falling at their fastest pace in nearly two years.

Zichun Huang, China economist at Capital Economics, said the GDP data “probably still overstate the strength of growth.”

“And with exports set to slow and the tailwind from fiscal support on course to fade, growth is likely to slow further during the second half of this year.”

Data on Monday showed China’s exports regained some momentum in June as factories rushed out shipments to capitalise on the fragile tariff truce between Beijing and Washington ahead of a looming August deadline.

TARIFF, PROPERTY HEADWINDS

The latest Reuters poll projected GDP growth to slow to 4.5% in the third quarter and 4.0% in the fourth, underscoring mounting economic headwinds as Trump’s global trade war leaves Beijing with the tough task of getting households to spend more at a time of uncertainty.

China’s 2025 GDP growth is forecast to cool to 4.6% – falling short of the official goal – from last year’s 5.0% and ease even further to 4.2% in 2026, according to the poll.

China’s property downturn remained a drag on overall growth despite multiple rounds of support measures, with investment in the sector falling sharply in the first six months, while new home prices in June tumbled at the fastest monthly pace in eight months.

China’s top leaders pledged to push forward urban village renovation and quicken a new property development model, state media reported Tuesday.

Fixed-asset investment also grew at a slower-than-expected 2.8% pace in the first six months year-on-year, from 3.7% in January-May.

The softer investment outturn reflected the broader economic uncertainty, with China’s crude steel output in June falling 9.2% from the year before, as more steelmakers carried out equipment maintenance amid seasonally faltering demand.

“Q3 growth is at risk without stronger fiscal stimulus,” said Dan Wang, China director at Eurasia Group in Singapore.

“Both consumers and businesses have turned more cautious, while exporters are increasingly looking overseas for growth.”

(Reuters)

July 15, 2025
MIL-OSI United Kingdom: Knowledge Transfer and Innovation Fund

Source: Scottish Government

Agriculture support applications open.

Applications for up to £200,000 a year to build farming skills and improve biodiversity have opened.

Agriculture Minister Jim Fairlie also confirmed that the Knowledge Transfer and Innovation Fund (KTIF) would consider requests for multi-year funding agreements, subject to budgetary confirmation each financial year.

The fund promotes skills development, improvements in business practice, resource efficiency, environmental performance and sustainability.

Previous projects supported include a skills development programme for staff working with livestock in Loch Lomond and the Trossachs National Park, a course to help crofters, and promoting learning about the benefits of calving intervals on the Isle of Bute.

Agriculture Minister Jim Fairlie said:

“Since this fund was launched in 2015 it has been supporting the agricultural industry to share really important skills and lessons learned across farming networks. The KTIF is well placed to support tackling the climate emergency through restoring and preserving biodiversity and ecosystems, promoting resource efficiency, improving water and soil management, and preventing and controlling pollution.

“Working with farmers, crofters and land managers we want to do what we can to give them as much stability as possible, with multi-year applications allowing them to better plan for the future and help them try new ways to make farming and food production as sustainable as possible.”

MIL OSI United Kingdom –

July 15, 2025
MIL-OSI United Kingdom: UTIs cost NHS hospitals over £600m last year
Source: United Kingdom – Government Statements

News story

UTIs cost NHS hospitals over £600m last year

New data from UKHSA reveals that treating urinary tract infections (UTIs) cost NHS hospitals in England an estimated £604 million in 2023 to 2024.
New data from the UK Health Security Agency (UKHSA) has revealed that treating urinary tract infections (UTIs) cost NHS hospitals in England an estimated £604 million in 2023-24.

UTIs occur when bacteria enter the urinary system including the urethra, bladder or kidneys. Most lower urinary tract infections (those in the urethra or bladder) cause mild discomfort and go away on their own, or may require a short course of antibiotics, but for some can progress to more serious infections, including upper urinary tract infections affecting the kidneys, leading to bloodstream infections and sepsis.

Analysing data from the Hospital Episode Statistics (HES) database using the records of patients with a UTI-related primary diagnosis for the 2023 to 2024 financial year in England, there were nearly 200,000 UTI-related patients. This includes infections acquired in both community and hospital settings. Those admissions resulted in 1.2 million bed days, averaging 6 bed days per infection.

However, one-third of UTI patients were in hospital for less than a day, indicating that other treatment pathways could be considered for these patients.

The findings reflect the well-documented burden of UTIs on older people and women. 52.7% of admissions were patients aged over 70 and 61.8% were female. While females were nearly 5 times more likely to require hospital treatment for a UTI in people under 50 years old (24.7% female compared to 5.3% male), this levelled out in age groups over 50 (37.1% female compared to 32.9% male). This highlights the need for men over 50 to also pay early attention to urinary symptoms and seek treatment that may prevent hospitalisation.

Hospitalisations for UTIs were at their lowest in 2020 to 2021 – possibly influenced by the COVID-19 pandemic. Since then, admissions have increased, climbing by 9% in 2023 to 2024 compared to the previous year.

The data highlights the clear need to reduce UTIs acquired in the community to help reduce hospitalisations. People can reduce their risk of catching a UTI in the first place by:

drinking enough fluids regularly, especially in hot weather – more trips to the toilet may be needed, but that shouldn’t stop you drinking

avoiding holding pee – go to the toilet as soon as possible when you need to

washing, or shower daily where possible especially if you suffer from incontinence* keep the genital area clean and dry, and check and change leakage of urine pads often

wiping from front to back after using the toilet to prevent bacteria from spreading

washing genitals before and after sex

talking to your healthcare professional if you have frequent UTIs, as they may be able to suggest treatments that could help

Detecting and treating a UTI early is also important. Some of the early symptoms of UTI include:

needing to pee more frequently or urgently than usual

passing lots of urine at night

pain or a burning sensation when peeing

having cloudy-looking urine

new pain in the lower tummy

severe kidney pain or pain in the lower back

blood in the pee

for some people it can include changes in behaviour, such as acting agitated or confused

UKHSA also recently published updated diagnostic flowcharts to help healthcare professionals manage symptoms and infections.

Dr Colin Brown, Deputy Director at UKHSA responsible for antibiotic resistance, said:

Urinary Tract Infections are a major cause of hospitalisations in this country, but many could be prevented.

We know that the most serious consequences that come from UTIs are more common in people over the age of 50 so we are reminding this group in particular to be aware of the ways they can help reduce their risk of getting poorly. Drinking enough fluids is so important, as well as avoiding holding onto pee. If you have frequent UTIs, talk to your healthcare provider about treatments that may help prevent further infections. If you have a UTI and your symptoms get worse, please call your GP or 111, or go to your nearest A&E to seek assistance as UTIs can develop into more serious, life-threatening infections.

Preventing UTIs is also important in our fight against antibiotic resistance as they are often treated with antibiotics, which drives resistance in bacteria. Reducing the number of UTI infections means bacteria has less chance to develop this resistance, helping to keep antibiotics working for longer.

Dr Joanna Harris RGN PhD, Head of Infection Prevention and Control at UKHSA, said:

UTIs are a significant cause of avoidable harm, particularly among older adults and those with long-term conditions, and can lead to serious complications, including sepsis and death. It’s really important that nurses, midwives and social care workers, have the knowledge and tools to reduce the risk of UTIs occurring. When a UTI is suspected, their promotion of early and accurate diagnosis can enable timely and appropriate treatment, helping to limit the impact of the infection.

Professor Matt Inada-Kim, National Clinical Director for Infections Management and Antimicrobial Resistance at NHS England, said:

Urinary tract infections are an increasingly common reason for becoming ill at home and in hospitals. They are more serious in older patients and, in particular, those with catheters, but they can occur at any age and are not often related to poor hygiene.

Antimicrobial resistance continues to grow and it is vital that we do everything we can to manage urinary infections through prevention, education and providing easy access to healthcare – including diagnostic tests and appropriate treatment.

UTIs are typically caused by bacteria, most commonly Escherichia coli (E. coli), and often require antibiotics to treat the infection. As UTIs are so common, there are concerns that the volume of antibiotics prescribed is contributing to the growing risk of antimicrobial resistance (AMR). This is because every antibiotic taken makes the development of resistance more likely. More targeted prescribing of antimicrobials for UTIs is essential as part of the National Action Plan for AMR 2024-2029. However, preventing infections where possible would also decrease antibiotic prescribing and the selective pressure that antibiotics have on bacteria, helping reduce antibiotic resistance.

Patient and campaigner, Caroline Sampson, explains how a chronic UTI has impacted her life:

For 9 years, I have had a chronic UTI. No form of antibiotics has successfully treated it. It has derailed by life in every possible way. The daily symptoms are debilitating and painful. Trying to accomplish the smallest task takes a huge amount of effort. The impact on my mental health has been enormous and I live with daily anxiety that the infection could develop into Urosepsis. The threat of antibiotic-resistant infections to us all cannot be underestimated.

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Published 15 July 2025
MIL OSI United Kingdom –
July 15, 2025
MIL-OSI: Bitget Launchpool to List Pump.fun (PUMP) with over 123M in Token Rewards

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, July 15, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange, and Web3 company has announced the addition of pump.fun (PUMP) to Bitget Launchpool. The exclusive Launchpool campaign will see up to 123,594,000 PUMP up for grabs. Pump.fun is a platform designed to allow for the quick creation and trading of memecoins on the Solana blockchain.

Bitget will launch a Launchpool campaign offering 123,594,000 PUMP in total rewards. Eligible users can participate by locking either BGB during the event, which runs from 15 July 2025, 08:00 to 18 July 2025, 08:00 (UTC). Users can lock between 5 and 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 123,594,000 PUMP.

Pump.Fun is a Solana-based platform that makes creating and trading meme coins fast, simple, and accessible to everyone. With no coding required and zero upfront cost, users can launch tokens in under a minute. Designed for ease of use, Pump.Fun opens the door for anyone curious about crypto to dive in, regardless of technical background or budget.

More than just a token launcher, Pump.Fun taps into the viral nature of meme coins by fostering a playful, community-first ecosystem. The platform doubles as a trading hub where users can discover and exchange tokens created by others, fueling a dynamic and ever-evolving marketplace. By lowering barriers and amplifying creativity, Pump.Fun is helping redefine how everyday users engage with Web3.

Bitget continues to solidify its role as a top-tier cryptocurrency exchange, offering over 800 listed tokens across spot and derivatives markets. The addition of PUMP to Launchpool aligns with its mission to support emerging Web3 trends and empower community-driven innovation through accessible, high-engagement token projects.

Find more details on the Pump.fun Launchpool, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eddf43b6-1c89-4f84-a2e8-cb5617c66f3b

The MIL Network –

July 15, 2025
MIL-OSI Africa: From London to Lagos: Why retailers everywhere must prepare for the next wave of cyberattacks
Source: APO – Report:

In April, two of Britain’s biggest retailers got hit by a massive cyberattack by the notorious Scattered Spider group, leading to substantial financial losses, operational disruptions and compromised customer data (http://apo-opa.co/40O1faD). M&S suffered losses of £300 million (http://apo-opa.co/40O1gLJ) (roughly R7.3 billion) due to the attack, with supply chains affected for weeks. On top of the direct losses, over £1 billion was stripped from the organisation’s market value (http://apo-opa.co/4lPmMb3). Similarly, the Co-op experienced data breaches (http://apo-opa.co/4524lud) affecting customers’ personal information, while Harrods reported attempted cyberattacks (http://apo-opa.co/3GIeSl3), but managed to maintain online operations.

“These attacks aren’t just about stolen data,” says Anna Collard, SVP of Content Strategy & Evangelist at KnowBe4 Africa. “They took whole systems offline.

“In retail, downtime is a critical threat – it affects sales, customer trust, and brand loyalty, instantly.”

A new kind of threat actor

Unlike traditional ransomware gangs, Scattered Spider is decentralised, native English-speaking, and highly adaptive. “Scattered Spider aren’t mere opportunistic hackers,” explains Collard. “They operate more like well-funded, well-organised crime syndicates.”

With some members as young as 19, they coordinate their activities on platforms like Discord and Telegram. “They’re agile, patient and disturbingly good at blending in,” she says. Added to this, they have great expertise in human psychology, as showcased during their attacks on Las Vegas casinos in 2023 (http://apo-opa.co/4nPvtnM).

Their primary weapons, therefore, aren’t just digital – they’re human. “They’ve mastered social engineering,” says Collard. “They specialise in exploiting human trust. From vishing (voice phishing) to impersonating internal staff and triggering what’s referred to as ‘MFA fatigue’; they’re skilled manipulators who understand both systems and people.”

MFA fatigue is one of the growing tactics they’re known for which involves triggering repeated multi-factor authentication (MFA) prompts, hoping the bombarded employees eventually click “approve” just to make the interruptions stop.

“Legacy systems, shadow IT, and poorly enforced policies create entry points. Attackers don’t need to break in if they can just log in.”

Another alleged tactic Scattered Spider used in its latest attacks involved calling IT helpdesks to reset credentials, gaining access to their target’s infrastructure and subsequently deploying a ransomware-as-a-service tool. The outcome? Encrypted systems, stalled operations, and a long road to recovery.

Why Africa should be paying close attention

Retailers across Africa – particularly in South Africa, Nigeria, and Kenya – are digitally transforming at a rapid pace. Cloud-based POS systems, centralised inventory platforms, and data-driven loyalty programmes are now standard. But these digital advancements also expand attack surfaces.

High employee turnover, remote workforces, and under-resourced helpdesks can compound exposure. And while business English is common in South Africa, this linguistic advantage also makes local teams more susceptible to social engineering by fluent English-speaking attackers.

“Our local executives aren’t naïve,” Collard notes. “Many are acutely aware of the risks. What’s needed now is clarity on what really matters – and cutting through the noise.”

Pepkor IT’s CISO, Duncan Rae, delivered an insightful talk at the ITWeb Security Summit in May where he warned that cybersecurity teams are often overwhelmed – not just by threats, but by too many competing priorities. Teams are bombarded with shiny, new tools and threat reports spreading fear, uncertainty, and doubt (FUD) which sometimes makes organisations lose sight of the basics, he warned.

“These basics include managing human risk, addressing third-party exposure, and hardening vulnerabilities,” according to Rae.

What needs to change?

Collard points to gaps in access controls, third-party risk management, and cloud security as common weaknesses – not just in the UK, but globally. “Legacy systems, shadow IT, and poorly enforced policies create entry points,” she warns. “Attackers don’t need to break in if they can just log in.”

For African retail leaders, this is a call to fortify the human layer.

“Train your frontline teams, especially in helpdesk and customer support. Teach them to detect manipulation. Make secure behaviour the norm – not the exception.”

Equally important, she says, is embedding cybersecurity into leadership conversations. “Cybersecurity is not just an IT function. It’s a board-level business risk.

“Executives must ask tough questions about readiness, incident response, and accountability.”

From awareness to action

Too often, security training is treated as a box-ticking exercise. Collard urges a more thoughtful approach: “Training must resonate. It should be contextual, culturally relevant, and delivered in local languages where appropriate.”

She challenges business leaders with the following:
- Could an attacker trick your helpdesk into a password reset?
- Would your staff recognise a social engineering attempt?
- Do you test these scenarios regularly?
“If the answer is ‘no’ to any of these, your organisation is vulnerable,” Collard says. “But the good news is that change is possible – and fast – when you start investing in the human element.”

“Cyber resilience is a collective responsibility,” she concludes. “And in an interconnected world, learning from each other’s crises is one of the smartest defences we have.”

– on behalf of KnowBe4.

Contact details:
KnowBe4:
Anne Dolinschek
anned@knowbe4.com

Red Ribbon:
TJ Coenraad
tayla@redribboncommunications.co.za

Media files

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MIL OSI Africa –
July 15, 2025
MIL-OSI: Ripple’s XRP Mining is Here, PFMCrypto Unveils AI-Powered XRP Cloud Mining with Daily Payouts

Source: GlobeNewswire (MIL-OSI)

New York, NY, July 15, 2025 (GLOBE NEWSWIRE) — As Ripple’s XRP ecosystem accelerates globally, PFMCrypto proudly launches an innovative leap in decentralized finance: XRP-based smart cloud mining contracts. Now available via web and mobile platforms, these flexible short-term contracts enable users to mine XRP remotely—no equipment, no setup, no technical expertise required. For the first time, everyday users can actively participate in the XRP economy through a seamless, fully integrated platform.

Visit the PFMCrypto website or download the mobile app to get started today.

Simple, Smart, and Profitable—XRP Cloud Mining Has Arrived
Long known for its speed and efficiency in cross-border payments, XRP now steps into the mining arena through PFMCrypto’s latest cloud-based innovation. Users can mine XRP directly, or let the platform’s AI engine optimize returns by switching to the most profitable assets, including BTC, ETH, DOGE, and USDC. Earnings are paid out daily in the crypto of your choice, offering stable returns no matter the market condition.
Designed for both novice users and experienced investors, PFMCrypto empowers you to generate consistent crypto income from anywhere, at any time.

Key Features of PFMCrypto’s XRP Cloud Mining Contracts:
1. Complete XRP Integration – Deposit, buy, mine, and withdraw XRP—all within one ecosystem.
2. Multi-Coin Mining Support – Mine and earn BTC, ETH, DOGE, USDC, USDT, SOL, LTC, and BCH.
3. AI-Optimized Profitability – Smart algorithms automatically shift mining resources to top-performing assets.
4. Fully Remote Mining – No need for mining rigs—accessible anytime via app or browser.
5. Capital Protection – 100% principal return upon contract maturity helps safeguard your investment.

Flexible Contracts for Every Budget and Strategy:
PFMCrypto offers a wide selection of XRP-supported mining contracts, ideal for both short-term testers and long-term planners. Each contract features predictable earnings, clear terms, and built-in capital protection:
$10 Contract – 1 Day – Earn $0.66 (Free with signup bonus)
$100 Contract – 2 Days – Earn $3.00 daily + $2 reward
$500 Contract – 5 Days – Earn $6.15 daily
$5,000 Contract – 30 Days – Earn $78.50 daily
$20,000 Contract – 45 Days – Earn $380.00 daily
Whether you’re just starting out or building a diversified portfolio, PFMCrypto offers low-risk, high-transparency contracts designed to deliver reliable daily earnings in XRP.

Click here to explore more mining contracts.

What Makes PFMCrypto’s XRP Mining Unique?
1. Truly Accessible – No mining rigs, no technical barriers—just sign up and start earning.
2. XRP-Native Functionality – Manage your entire XRP experience in one unified platform.
3. Stable Returns with Smart Allocation – The AI engine ensures optimal returns across supported crypto assets.
4. Multi-Asset Flexibility – Mine XRP or diversify payouts into BTC, ETH, and others—all from a single contract.
5. Instant Access, Anywhere – Securely mine from your phone or browser, wherever you are in the world.

Start in 3 Simple Steps:
1. Sign Up – Create your account and get a $10 welcome bonus
2. Choose a Contract – Pick from short or long-term options (1 to 60 days)
3. Start Earning – Monitor your daily returns and withdraw in your preferred crypto

Start mining XRP now at: https://pfmcrypto.net
Or download the PFMCrypto mobile app for iOS and Android.

Mining XRP for a Smarter Digital Future:
Since 2018, PFMCrypto has helped millions of users generate passive crypto income through advanced, cloud-based mining systems. With the addition of XRP mining, the platform now combines institutional-grade infrastructure with user-friendly design, opening up new opportunities for retail investors to earn in XRP or diversify into major digital assets—all through one secure, remote solution.

“XRP has always been fast, scalable, and efficient,” said a PFMCrypto spokesperson. “Now, it’s mineable—safely, remotely, and profitably. We’ve eliminated the barriers so anyone can participate in XRP’s future.”
Markets fluctuate—but daily mining income stays consistent.

Join the XRP mining revolution today at: https://pfmcrypto.net

The MIL Network –

July 15, 2025
MIL-OSI Russia: Shandong Province Delegation Holds Series of Economic Events in Russia

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

BEIJING, July 15 (Xinhua) — A delegation from east China’s Shandong Province led by Vice Governor Song Junji visited Russia, organizing a series of trade and economic events to advance cooperation between the two sides to a qualitatively new level.

According to the information on the website of the Shandong Provincial Government, during the visit to Moscow, the China/Shandong/ – Russia/Moscow/ Trade and Economic Cooperation Forum was held. During the presentation, Song Junji spoke about the drivers of economic development in Shandong Province, the favorable investment climate and promising investment opportunities. Enterprises from the two countries held talks on cooperation in the fields of economics, technology, logistics and energy, reaching a number of agreements on intentions for cooperation.

At the same time, a thematic exhibition of Shandong Province was organized, where 46 enterprises demonstrated over 100 types of products. The exhibition covered high-tech equipment, consumer goods, products of old brands and objects of intangible cultural heritage, comprehensively reflecting the latest achievements of the province in the development of productive forces of new quality. The Shandong delegation also took part in B2B meetings with Russian companies, reaching agreements on intentions for cooperation in the trade and economic sphere, agriculture and forestry, energy and transport logistics.

Chairman of the Russian-Asian Union of Industrialists and Entrepreneurs (RASPP) Vitaly Mankevich emphasized that the visit will give a powerful impetus to the development of trade and economic ties between Shandong and Russia, investment and industrial cooperation, as well as scientific and educational exchanges. According to his forecast, trade between Russian regions and Shandong will become a new driver of growth in trade turnover between the two countries. -0-

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 15, 2025
MIL-OSI: Breaking Presale News: Meme Coin Little Pepe Raises $6,575,000, Stage 5 Sold Out

Source: GlobeNewswire (MIL-OSI)

DUBAI, United Arab Emirates, July 15, 2025 (GLOBE NEWSWIRE) — Little Pepe ($LILPEPE) has officially sold out Stage 5 of its presale in record time, surpassing $6.575 million in total funds raised and solidifying its position as one of the fastest-growing meme coin projects on the market.

Powered by an EVM-compatible Layer 2 blockchain, Little Pepe continues to attract investors with its blend of meme-driven community appeal and real technological infrastructure. With Stage 6 now live and tokens priced at $0.0015, momentum around the project shows no signs of slowing as crypto enthusiasts race to get in before the next price increase.

Rapid Presale Growth and Stage 6 Launch

Little Pepe’s presale has been nothing short of explosive. With each stage selling out faster than the last, the demand for $LILPEPE tokens has intensified as more users recognize the project’s long-term potential. Stage 5, priced at $0.0014, drew thousands of new investors eager to get in before the next price hike. That momentum has now carried into Stage 6, where tokens are available at $0.0015—a 7% increase from the previous stage.

The consistent growth of the presale shows that this is more than just another short-lived meme coin. It’s a project that blends Ethereum compatibility, Layer 2 scalability, and a strong community narrative, making it one of the most promising entrants in the 2025 meme coin cycle.

Backed by Real Blockchain Infrastructure

While most meme coins rely purely on social buzz and viral campaigns, Little Pepe brings potential innovation to the desk. It is built on a custom EVM-well matched Layer 2 blockchain, designed for high-speed, low-fee transactions. This gives it a major advantage over traditional ERC-20 meme tokens that still depend upon Ethereum’s congested mainnet.

By the usage of Layer 2 technology, Little Pepe is capable of offering faster, inexpensive interactions while still benefiting from the security of Ethereum. This positions it as a future-ready platform, capable of supporting decentralized applications (dApps), NFT market, staking, and more.

Community-Driven Project & Final Presale Stages Approaching

At its heart, Little Pepe is a community-powered ecosystem, driven by its holders and fans across social media. From Telegram groups to X (formerly Twitter), the project’s vibrant following has helped fuel the rapid presale growth. This isn’t just hype—it’s a well-organized effort to support a meme coin that offers both humor and utility.

As Little Pepe moves through the remaining stages of its presale, excitement continues to build. Investors now entering at Stage 6 are hoping to ride the wave ahead of potential exchange listings and ecosystem rollouts. With over $6.575M already raised and the price per token increasing stage by stage, $LILPEPE is quickly shaping up to be one of the breakout meme coins of the year. To participate in the presale before the next price jump, visit the official website: littlepepe.com.

About Little Pepe

Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

For more information:
Website: https://littlepepe.com/
Telegram: https://t.me/littlepepetoken
Twitter: https://x.com/littlepepetoken

Contact Details: COO- James Stephen Email: media@littlepepe.com

Disclaimer: This content is provided by Little Pepe. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bd910a2e-44b6-413b-a5f8-c79d3e9cf766

The MIL Network –

July 15, 2025
MIL-OSI: Breaking Presale News: Meme Coin Little Pepe Raises $6,575,000, Stage 5 Sold Out

Source: GlobeNewswire (MIL-OSI)

DUBAI, United Arab Emirates, July 15, 2025 (GLOBE NEWSWIRE) — Little Pepe ($LILPEPE) has officially sold out Stage 5 of its presale in record time, surpassing $6.575 million in total funds raised and solidifying its position as one of the fastest-growing meme coin projects on the market.

Powered by an EVM-compatible Layer 2 blockchain, Little Pepe continues to attract investors with its blend of meme-driven community appeal and real technological infrastructure. With Stage 6 now live and tokens priced at $0.0015, momentum around the project shows no signs of slowing as crypto enthusiasts race to get in before the next price increase.

Rapid Presale Growth and Stage 6 Launch

Little Pepe’s presale has been nothing short of explosive. With each stage selling out faster than the last, the demand for $LILPEPE tokens has intensified as more users recognize the project’s long-term potential. Stage 5, priced at $0.0014, drew thousands of new investors eager to get in before the next price hike. That momentum has now carried into Stage 6, where tokens are available at $0.0015—a 7% increase from the previous stage.

The consistent growth of the presale shows that this is more than just another short-lived meme coin. It’s a project that blends Ethereum compatibility, Layer 2 scalability, and a strong community narrative, making it one of the most promising entrants in the 2025 meme coin cycle.

Backed by Real Blockchain Infrastructure

While most meme coins rely purely on social buzz and viral campaigns, Little Pepe brings potential innovation to the desk. It is built on a custom EVM-well matched Layer 2 blockchain, designed for high-speed, low-fee transactions. This gives it a major advantage over traditional ERC-20 meme tokens that still depend upon Ethereum’s congested mainnet.

By the usage of Layer 2 technology, Little Pepe is capable of offering faster, inexpensive interactions while still benefiting from the security of Ethereum. This positions it as a future-ready platform, capable of supporting decentralized applications (dApps), NFT market, staking, and more.

Community-Driven Project & Final Presale Stages Approaching

At its heart, Little Pepe is a community-powered ecosystem, driven by its holders and fans across social media. From Telegram groups to X (formerly Twitter), the project’s vibrant following has helped fuel the rapid presale growth. This isn’t just hype—it’s a well-organized effort to support a meme coin that offers both humor and utility.

As Little Pepe moves through the remaining stages of its presale, excitement continues to build. Investors now entering at Stage 6 are hoping to ride the wave ahead of potential exchange listings and ecosystem rollouts. With over $6.575M already raised and the price per token increasing stage by stage, $LILPEPE is quickly shaping up to be one of the breakout meme coins of the year. To participate in the presale before the next price jump, visit the official website: littlepepe.com.

About Little Pepe

Little Pepe is a next-gen Layer 2 blockchain designed to merge meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe supports EVM-compatible applications and is powered by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

For more information:
Website: https://littlepepe.com/
Telegram: https://t.me/littlepepetoken
Twitter: https://x.com/littlepepetoken

Contact Details: COO- James Stephen Email: media@littlepepe.com

Disclaimer: This content is provided by Little Pepe. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bd910a2e-44b6-413b-a5f8-c79d3e9cf766

The MIL Network –

July 15, 2025
MIL-OSI Asia-Pac: July 2025 issue of “Hong Kong Monthly Digest of Statistics” now available

Source: Hong Kong Government special administrative region

July 2025 issue of “Hong Kong Monthly Digest of Statistics” now available
Apart from providing up-to-date statistics, this issue also contains two feature articles entitled “Foreign Affiliates Statistics of Hong Kong” and “The Asset Management Industry in Hong Kong”.

“Foreign Affiliates Statistics of Hong Kong”

With globalisation of the world economy, it is popular for multinational enterprises to provide services to customers in another economy through setting up affiliated companies abroad.

In view of the importance of services supplied via this mode, the C&SD has developed a statistical framework for compiling relevant statistics, known as “foreign affiliates statistics (FATS)”. This feature article briefly describes the statistical system for compiling inward FATS, and presents principal inward FATS of Hong Kong for 2023. It is an update of similar articles on the same subject published in preceding years.

For enquiries about this feature article, please contact the Trade in Services Statistics Section of the C&SD (Tel: 3903 7410; email: tis@censtatd.gov.hk
“The Asset Management Industry in Hong Kong”

Hong Kong is one of the most vibrant international financial centres in the world and has strength in managing investments in the Asia Pacific region. The asset management industry has a stable development in Hong Kong in recent years. This feature article presents the operating characteristics and economic contribution of this industry between 2019 and 2023. It also briefly highlights the recent quarterly business performance of this industry.

For enquiries about this feature article, please contact the Business Services Statistics Section of the C&SD (Tel: 3903 7266; email: business-services@censtatd.gov.hk
Published in bilingual form, the HKMDS is a compact volume of official statistics containing about 130 tables. It collects up-to-date statistical series on various aspects of the social and economic situation of Hong Kong. Topics include population; labour; external trade; National Income and Balance of Payments; prices; business performance; energy; housing and property; government accounts, finance and insurance; and transport, communications and tourism. For selected key statistical items, over 20 charts depicting the annual trend in the past decade and quarterly or monthly trend in the recent two years are also available. Users can download the Digest at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1010002&scode=460
Enquiries about the contents of the Digest can be directed to the Statistical Information Dissemination Section (1) of the C&SD (Tel: 2582 4738; email: gen-enquiry@censtatd.gov.hkIssued at HKT 16:30

NNNN

CategoriesMIL-OSI

MIL OSI Asia Pacific News –

July 15, 2025
MIL-OSI Africa: Economic Commission for Africa (ECA)’s Gatete sets tone at High-Level Political Forum on Sustainable Development (HLPF) 2025 with focus on finance and data gaps

Source: APO

.

At the opening of the 2025 High-Level Political Forum on Sustainable Development (HLPF), Claver Gatete, Executive Secretary of the Economic Commission for Africa (ECA), called for urgent action to bridge global financing gaps and support innovation systems that work for all.

“Digital tools and mission-driven science can accelerate SDGs delivery, but only if systems are inclusive and backed by real financing at scale,” he said, moderating a high-level Townhall session on SDGs implementation as part of ECA’s coordinating role among the UN Regional Commissions.

The session, titled Unlocking the Means of Implementation: Finance, Science, Technology and Innovation for the SDGs, focused on how to move from global commitments to tangible solutions. It brought together leaders from public and private sectors to examine how capital flows, technology, and policy can better support sustainable development.

With participation from Sanda Ojiambo, Executive Director of the UN Global Compact; Robbert Dijkgraaf, President-Elect of the International Science Council; and Robert Kirkpatrick, Chairman of the Board of the United Cities Foundation, the conversation highlighted the urgency of scaling investment, adopting alternative financing models, and building inclusive systems.

Together, the panel stressed the importance of translating innovation into real-world results, especially across Africa and other regions facing deep development disparities.

Speaking at another session on poverty eradication, Mr Gatete highlighted the need to ground policy and investment in sharper, more integrated data systems.

“We can’t end poverty if we can’t measure it accurately,” he said at the event hosted by the Permanent Mission of Uruguay to the UN, UNDP, the Multidimensional Poverty Peer Network (MPPN), and other partners. “It’s time to shift from measuring what’s convenient to measuring what matters.”

Mr Gatete pointed to ECA’s development of a prototype Multidimensional Poverty Index (MPI) dashboard for African countries. The platform links spatial poverty data with climate vulnerability, migration flows, peace and security trends, and subnational budget execution, providing governments with a more complete picture of where to direct resources and improve social protection.

As the forum continues, Mr Gatete and ECA are keeping Africa’s priorities on the table, advocating for fairer finance, smarter tools, and a more inclusive path to 2030.

Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).

MIL OSI Africa –

July 15, 2025
MIL-OSI Russia: ExxonMobil has begun operating a major chemical complex in southern China /detailed version-1/

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

GUANGZHOU, July 15 (Xinhua) — Energy giant ExxonMobil on Tuesday commissioned its flagship chemical complex in southern China, the first major petrochemical project in the country that the U.S. company has wholly owned.

The move underscores ExxonMobil’s confidence in the world’s second-largest economy and comes amid China’s ongoing efforts to promote high-level opening-up and attract foreign investment.

The first phase of the project, located in the Dayawan Petrochemical Industrial Park in Huizhou City, Guangdong Province, southern China, includes a flexible feedstock steam cracker with an annual capacity of 1.6 million tons of ethylene, a key ingredient in the production of plastics and fibers used in a wide range of products such as packaging.

The site also houses production facilities for high-performance polyethylene and polypropylene.

At the launch ceremony, ExxonMobil Senior Vice President Jack Williams called the complex a “new chapter” in the company’s long history in China and said the project would be a key element in developing a powerful petrochemical industry in Guangdong Province.

Construction of the complex in Huizhou began in April 2020 and includes two stages. -0-

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 15, 2025
MIL-OSI: Municipality Finance issues a NOK 250 million tap under its MTN programme

Source: GlobeNewswire (MIL-OSI)

Municipality Finance Plc
Stock exchange release
15 July 2025 at 10:00 am (EEST)

Municipality Finance issues a NOK 250 million tap under its MTN programme

On 16 July 2025 Municipality Finance Plc issues a new tranche in an amount of NOK 250 million to an existing series of notes issued on 6 June 2025. With the new tranche, the aggregate nominal amount of the notes is NOK 2.250 billion. The maturity date of the notes is 6 January 2031. The notes bears interest at a fixed rate of 4.125 % per annum.

The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 16 July 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

J.P.Morgan SE acts as the Dealer for the issue of the new tranche.

MUNICIPALITY FINANCE PLC

Further information:

Joakim Holmström
Executive Vice President, Capital Markets and Sustainability
tel. +358 50 444 3638

MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
The Group’s balance sheet is over EUR 53 billion.

MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

Read more: https://www.kuntarahoitus.fi/en/

Important Information

The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

The MIL Network –

July 15, 2025
MIL-OSI: CoinShares Announces Amendment to Financial Calendar

Source: GlobeNewswire (MIL-OSI)

Tuesday, 15 July 2025 | SAINT HELIER, Jersey – CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), a global investment firm specialising in digital assets, today announces an amendment to the Company’s financial calendar published on its website, https://coinshares.com.

In addition to the quarterly earnings reports the Company has released since 2021, CoinShares has also historically elected to engage its auditors to provide an interim review opinion. While this was performed as part of the Q3 earnings during 2023 and 2024, it has been determined that the Company will now perform this review at the halfway point of the year. As such, the release date for the Q2 earnings as per the Company’s website has been amended from 19 August 2025 to 29 August 2025.

This is to allow sufficient time for the requisite work to be performed by the Group’s auditors for provision of the review opinion.

About CoinShares

CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

For more information on CoinShares, please visit: https://coinshares.com
Company | +44 (0)1534 513 100 | enquiries@coinshares.com
Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

The MIL Network –

July 15, 2025
MIL-OSI: StepStone Group Expands Investor Access to Evergreen Funds with Goji’s Technology
Source: GlobeNewswire (MIL-OSI)

NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) — StepStone Group (Nasdaq: STEP), a global private markets solutions provider, announced today that it is utilizing Goji’s technology to improve access to several of its European private market evergreen funds. Goji is a global provider of technology-enabled solutions to the private markets. Its end-to-end investment platform will simplify the complexities of the investor journey for several of StepStone’s funds:
- StepStone Private Markets (Luxembourg) (“SPRIM Lux”) spans private equity, real assets and private debt, giving access to top investment managers worldwide, while seeking to provide long-term capital appreciation, ordinary income and substantial diversification through a single investment. As of May 31, 2025, SPRIM Lux had $351 million in assets under management, or AUM and had delivered a 43.81%¹ total net return since inception in September of 2022.
- StepStone Private Venture and Growth (Luxembourg) (“SPRING Lux”) is a broadly diversified venture and growth strategy fund leveraging an open architecture approach, selecting managers across the innovation economy. As of May 31, 2025, SPRING Lux had $427 million in AUM and had delivered a 70.65%² total net return since inception in November of 2022.
- StepStone Private Infrastructure (Luxembourg) (“STRUCTURE Lux”) seeks to provide current income and long-term capital appreciation by offering access to a global investment portfolio of private infrastructure assets. As of May 31, 2025, STRUCTURE Lux had $89.9 million in AUM and had delivered a 32.24%³ total net return since inception in September of 2023.
- StepStone Private Credit Europe ELTIF (“SCRED Europe”) is structured to offer access to a broadly diversified, European-focused private credit strategy, with a primary focus on senior secured direct lending. The fund successfully launched in February 2025 with over €250 million in seed capital, backed by a robust pipeline of opportunities.
“Goji shares our vision of delivering an industry-leading, tailor-made onboarding experience for our investors across the globe,” said Neil Menard, Partner and President of Distribution at StepStone Private Wealth. “Powered by Euroclear, their best-in-class digital infrastructure and deep understanding of regulatory requirements across different markets will enable us to provide our investors with a more streamlined, efficient investment experience.”

About StepStone Group

StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of March 31, 2025, StepStone was responsible for approximately $709 billion of total capital, including $189 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

About Goji

Goji is a leading provider of investor platform technology and services. With the private asset market opening to new classes of investors, Goji makes it easy for asset managers, fund administrators and asset owners to give all investors digital access to private funds and stay ahead of their industry competitors. Goji’s best-in-class platform, which is secure, scalable, and customizable, unlocks new topline revenue and reduces costs. The company serves over 30,000 investors from more than 86 jurisdictions. As part of the Euroclear group, Goji has helped build a global network for private funds, combining Goji’s platform technology and Euroclear’s financial markets infrastructure to create scalability and growth for all participants. Goji is headquartered in the UK and is regulated by the FCA.  

Contacts

Media:
Brian Ruby / Chris Gillick / Matt Lettiero, ICR
StepStonePR@icrinc.com
1-203-682-8268

______________________________
¹ This figure reflects the returns of the Class A (EUR) shares of SPRIM Lux. The performance does not fully represent the performance across all of the share classes of SPRIM Lux.
² This figure reflects the returns of the Class A (USD) shares of SPRING Lux. The performance does not fully represent the performance across all of the share classes of SPRING Lux.
³ This figure reflects the returns of the Class E (USD) shares of STRUCTURE Lux. The performance does not fully represent the performance across all of the share classes of STRUCTURE Lux. Class E (USD) shares are available for subscription only by employees or affiliates of the StepStone Group and are not subject to the investment management fee or the incentive fee. [Performance shown for the Class E (USD) shares assumes the Investment Management Fee or the Incentive Fee were charged since Class E (USD) shares inception on 27 September 2023.

THIS DOCUMENT IS A MARKETING COMMUNICATION. PLEASE REFER TO THE OFFERING MEMORANDUM OF SPRIM LUX, SPRING LUX, STRUCTURE LUX AND SCRED EUROPE (COLLECTIVELY, THE “FUNDS”) BEFORE MAKING ANY FINAL INVESTMENT DECISIONS.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ACTUAL PERFORMANCE MAY VARY.

This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group Private Wealth LLC (“SPW”), StepStone Group LP (“StepStone”), StepStone Group Europe Alternative Investments Limited (“SGEAIL”) or their subsidiaries or affiliates (collectively, the “Managers”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as legal, financial or investment advice on any subject matter. The Managers expressly disclaim all liability in respect to actions taken based on any or all of the information in this document.

Before investing you should carefully consider the Funds’ investment objectives, risks, charges and expenses. This and other information are explained in the relevant Offering Memorandum for each Fund, a copy of which may be obtained from SGEAIL upon request.

Information contained herein is subject to change and amendment. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.

Interests in the Funds are not registered under the U.S. Securities Act of 1933, as amended or any similar U.S. state securities statutes and the Funds are generally not offered to US Persons (as defined in the relevant Offering Memorandum).

Prospective investors should inform themselves and obtain appropriate advice as to any applicable legal or regulatory requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the suitability, subscription, purchase, holding, exchange, redemption or disposal of any investments.

An investment involves a number of risks and there are conflicts of interest. Please refer to the risks outlined in detail in the relevant Offering Memorandum for each Fund.

Marketing in the European Union

The Funds are alternative investment funds (“AIFs”) for the purpose of Alternative Investment Fund Managers Directive (“AIFMD”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds.

The Funds that do not qualify as ELTIFs can be marketed to Professional Investors in the EEA in accordance with the requirements set out in Article 32 of AIFMD.

Marketing of the Funds outside the EEA or in the EEA to investors other than Professional Investors (where relevant) must comply with applicable national private placement regimes. Those investors are required to inform themselves of any applicable local requirements or restrictions before investing in the Funds and to assess the impact of any risks they may be exposed to when investing in the Funds.

Notice to all European Economic Area (EEA) residents

In the EEA, this document is disseminated by SGEAIL.

The Funds may only be offered or placed in an EEA Member State: (1) to Professional Investors to the extent that they have been registered for marketing in the relevant EEA Member State in accordance with Article 32 AIFMD (as amended and as implemented into the local law/regulation of the relevant EEA Member State); (2) to non-professional investors who meet the requirements of any national law/regulation which permits them to invest in AIFs, as specifically identified below; or (3) as they may otherwise be lawfully offered or placed in that EEA Member State, including at the exclusive initiative of an investor where permitted in accordance with the AIFMD.

A list of the EEA Member States in which the Funds are registered for marketing under Article 32 AIFMD is available from the Managers upon request.

Notice to investors in Austria

Certain of the Funds have been notified to the Austrian Financial Market Authority (FMA) for marketing to professional investors (Professionelle Anleger) within the meaning of § 2 para 1 no 33 of the Austrian Alternative Investment Funds Act (Alternative Investmentfonds Manager-Gesetz; AIFMG) in accordance with Article 32 AIFMD and § 31 AIFMG. In the Republic of Austria, the relevant Funds may only be offered or placed and any offering or marketing materials related thereto may only be distributed to investors who are either (a) professional investors (Professionelle Anleger) as defined in § 2 para 1 no 33 AIFMG or where relevant (b) qualified retail investors (Qualifizierte Privatkunden) as defined in § 2 para 1 no 42 AIFMG. Distribution of the relevant Funds and any offering or marketing materials related thereto to retail investors (Privatkunden) as defined in § 2 para 1 no 36 AIFMG in the Republic of Austria is not permitted. Subscriptions by retail investors (Privatkunden) will therefore not be accepted. None of the Managers or the relevant Funds are subject to supervision by the FMA or any other Austrian authority. Neither the relevant Offering Memorandum, nor the relevant key information document (KID) have been reviewed by the FMA or any other Austrian authority.

Notice to professional and semi-professional investors in Germany

Certain of the Funds have been notified to the German Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BAFIN) in accordance with Section 323 of the German investment code (Kapitalanlagegesetzbuch – KAGB).

The relevant Funds may only be marketed and offered to professional and, where relevant to semi-professional investors in the Federal Republic of Germany, as defined in Section 1 (19) nos. 32 and 33 of the KAGB. The relevant Funds have not been admitted for marketing to retail investors within the meaning of Section 1 (19) no. 31 of the KAGB in Germany. Accordingly, the relevant Funds may not be offered and marketed to retail investors in Germany. This disclosure, the relevant Offering Memorandum and any other document relating to the relevant Funds, as well as information or statements contained therein, may not be supplied to retail investors in Germany or any other means of public marketing. Any resale of the relevant Funds in Germany may only be made to professional and semi-professional investors in Germany and in accordance with the provisions of the KAGB and any other applicable laws in Germany governing the sale and offering of the relevant Funds.

Notice to investors in Italy

Certain of the Funds have been passported with the Commissione Nazionale per le Società e la Borsa (CONSOB) for the marketing in Italy vis-à-vis professional investors in accordance with Article 32 AIFMD, article 43 of the Italian Legislative Decree of 24th February 1998, no. 58 (testo unico della finanza, the “TUF”) and relevant local implementing regulations in Italy. The relevant Funds may be distributed exclusively to the following categories of investors: (i) “professional investors” as defined in the AIFMD; or where relevant (ii) “non-professional investors” who: (1) invest at least EUR 500,000 in the relevant Fund; or (2) invest at least EUR 100,000 in the relevant Fund, and in the case of the latter, either: (a) the investment is made by a licensed portfolio manager on behalf of the non-professional investor; or (b) the investment is made by the non-professional investor in the context of the provision of investment advice, and is subject to the requirement that the entirety of any investments by that same non-professional investor in EU AIFs does not exceed ten percent (10%) of his or her financial portfolio as a result of a subscription or investment in the relevant Fund.

Notice to investors in Switzerland

The offer and the marketing of the Funds in Switzerland will be exclusively made to, and directed at, qualified investors (the “Qualified Investors”), as defined in Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance, at the exclusion of qualified investors with an opting-out pursuant to Article 5(1) of the Swiss Federal Law on Financial Services (“FinSA”) and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). Accordingly, the Funds have not been and will not be registered with the Swiss Financial Market Supervisory Authority (“FINMA”) and no representative or paying agent have been or will be appointed in Switzerland. This document and/or any other offering or marketing materials relating to The Funds may be made available in Switzerland solely to Qualified Investors, at the exclusion of Excluded Qualified Investors. The legal documents of the Funds may be obtained free of charge from the Managers.

Notice to investors in the United Kingdom

The Funds are alternative investment funds for the purpose of the Alternative Investment Fund Managers Regulations, 2013, as amended by the Alternative Investment Managers (Amendment, etc.) (EU Exit) Regulations 2019 (“UK AIFM Regulations”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds.

The Funds have been registered for marketing under Regulation 59(1) of the UK AIFM Regulations. On that basis, the Funds may be marketed in the United Kingdom to UK persons who qualify as Professional Investors.

The MIL Network –
July 15, 2025
MIL-OSI China: China’s industrial output grows faster in June

Source: People’s Republic of China – State Council News

China’s value-added industrial output grew at a faster pace in June, up 6.8 percent year on year, as the world’s second-largest economy stepped up efforts to support growth despite challenges both at home and abroad.

The growth accelerated from a 5.8 percent rise in May, according to data released by the National Bureau of Statistics (NBS) on Tuesday.

In the first six months of this year, China’s industrial output increased by 6.4 percent compared to the same period last year, according to NBS data.

The industrial output is used to measure the activity of large enterprises, each with an annual main business turnover of at least 20 million yuan (about 2.8 million U.S. dollars).

A breakdown of the data showed that the manufacturing sector’s value-added output increased by 7 percent year on year during the January-June period, while that of equipment manufacturing and high-tech manufacturing expanded by 10.2 percent and 9.5 percent, respectively, according to the NBS.

The production of 3D printing equipment, new energy vehicles, and industrial robots surged 43.1 percent, 36.2 percent and 35.6 percent year on year during the period, respectively.

Tuesday’s data also showed that the country’s GDP grew by 5.3 percent year on year in the first half of 2025. Retail sales of consumer goods, a major indicator of the country’s consumption strength, expanded 5 percent year on year during the period, while fixed-asset investment rose 2.8 percent.

MIL OSI China News –

July 15, 2025
MIL-OSI China: China’s GDP expands 5.3% year on year in H1

Source: People’s Republic of China – State Council News

China’s gross domestic product (GDP) grew 5.3 percent year on year in the first half of 2025, data from the National Bureau of Statistics (NBS) showed Tuesday.

China’s GDP reached around 66.05 trillion yuan (about 9.24 trillion U.S. dollars) in the first half, NBS data showed.

In the second quarter, the country’s GDP expanded 5.2 percent year on year, according to the NBS.

The tertiary industry expanded 5.5 percent year on year in the first half, outpacing a 3.7 percent increase in the primary industry and a 5.3 percent increase in the second industry.

On a quarterly basis, China’s economy expanded 1.1 percent in the second quarter, according to the NBS.

Since the beginning of the year, China has accelerated the implementation of a more proactive macroeconomic policy. The economy has made steady progress despite pressures, with significant economic indicators performing better than expected, said Sheng Laiyun, deputy head of the bureau, at a press conference on Tuesday.

In the first six months of this year, China’s industrial output increased by 6.4 percent compared to the same period last year, with equipment manufacturing and high-tech manufacturing sectors posting rapid growth.

The consumer market maintained an upward trend during the period, with retail sales of consumer goods expanding 5 percent year on year in the first half. The pace is 0.4 percentage points faster than the growth recorded in the first quarter.

Fixed-asset investment continued to grow during the first six months, marking a 2.8 percent year-on-year increase. In particular, investment in the manufacturing sector saw notable growth.

The job market remained generally stable, with the surveyed urban unemployment rate averaging 5.2 percent in the first half, a 0.1 percentage point decrease from the first quarter.

The country’s per capita disposable income reached 21,840 yuan during the January-June period, marking a 5.3 percent year-on-year increase in nominal terms, or 5.4 percent after deducting price factors, according to the NBS.

Commenting on the economic performance in the first half, Sheng described it as “highly valuable,” marked by continued progress and a positive trend built on overall stability.

“This is a hard-won achievement, especially given the sharp changes in the international environment and increased external pressures since the second quarter,” Sheng added.

MIL OSI China News –

July 15, 2025
MIL-OSI China: China’s outstanding loans in 5 major financial areas up 14% by May

Source: People’s Republic of China – State Council News

China has stepped up efforts to develop technology, green, inclusive, pension, and digital finance to better support the real economy. During the first five months of 2025, outstanding loans in these five areas reached 103.3 trillion yuan (US$14.41 trillion), up 14% year on year, according to official data released Monday.

MIL OSI China News –

July 15, 2025
MIL-OSI Submissions: Pacific – Opportunities are endless for Nauru as Australian executive appointed to head new virtual assets regulator

Source: Government of Nauru

Following legislation passed by Nauru’s parliament last month to establish an authority to regulate virtual assets including cryptocurrency, the government has appointed highly respected Australian banking and financial markets executive Brian Phelps as its inaugural CEO.

In announcing the appointment, President of Nauru David Adeang said Mr Phelps’ vast experience will ensure the Command Ridge Virtual Asset Authority (CRVAA) will have a foundation of integrity and impact, champion innovation, and promote Nauru as a trusted digital jurisdiction.

He reinforced the government’s goal of attracting businesses that bring investment, job creation, and financial innovation to the nation.

“We must be innovative in our quest for economic resilience and a higher standard of living for our people, while prioritising international best practices and the highest levels of governance and compliance,” Mr Adeang said.

“This ensures investors and foreign platforms can have great trust in Nauru.

Mr Phelps has worked extensively with regulators, industry bodies and government, and served for 21 years as General Manager, Broking and Markets at CommSec, Australia’s largest online stockbroking firm and subsidiary of the Commonwealth Bank.

He has also been a committee member of the Australian Financial Markets Association.

The CRVAA will provide a licencing scheme to allow virtual asset service providers to register and offer their services using Nauru as a base.

It is tasked with ensuring cybersecurity standards, monitoring financial transactions and enforcing compliance with international anti-money laundering and financial transparency protocols.

Mr Phelps said he was attracted to the role because the regulatory authority would be transformational to Nauru.

“This can reshape and strengthen Nauru’s economy over the long term, and create sustainability for future generations of Nauruans.”

He said the benefits to Nauru will go far beyond cryptocurrency and virtual assets.

“I see us attracting international companies to invest in Nauru and opening up new employment pathways as Nauruans build new skill sets.

“It’s a very exciting initiative.”

Mr Phelps said the opportunities were endless and include potentially transforming Nauru into a hub for AI and other leading technology.

MIL OSI – Submitted News –

July 15, 2025
MIL-OSI Africa: Liberia Signs the African Union Convention on Ending Violence Against Women and Girls

Source: APO – Report:

.

The Ministry of Foreign Affairs representing the Government of Liberia signed the African Union Convention on Ending Violence Against Women and Girls (AUCEVAWG) The signing ceremony took place on the sidelines of the 47th Ordinary Session of the Executive Council of the African Union in Malabo, Equatorial Guinea.

Speaking on behalf of the Government of Liberia, Assistant Minister for Afro-Asian Affairs, Honorable Charlyne A. Taylor, who signed the Convention, reaffirmed Liberia’s commitment to advancing the women, peace and security agenda in Africa.

She noted that Liberia will continue to work with the African Union and all partners in implementing the Convention to protect and empower women and girl’s rights.

Minister Taylor praised the African Union and affiliated organizations for their work in protecting women and girls, and promised that Liberia will accelerate the process of ratifying the convention given that Convention aligns well with the agenda of President Joseph Nyuma Boakai, Sr. who has made women empowerment and protection of women and girls a key program of his government.

The Vice Chairperson of the African Commission on Human and Peoples’ Rights, Honorable Janet Ramatoulie Sallah-Njie, commended Liberia for the bold step and praised Liberia for its impressive record in promoting and protecting women’s rights, well as enhancing women’s participation in government and the economy.

She noted that Liberia is the fifth African country to sign the convention but encouraged Liberia to lead in the ratification process.

Also attending the ceremony were Dr. Ibrahim Nyei, Deputy Minister for International Cooperation and Economic Integration; Ambassador Liberata Mulamula, the African Union Special Envoy on Women, Peace and Security; and Her Excellency Doris Mpoumou, UNWOMEN Special Representative to the African Union Commission and the United Nations Economic Commission for Africa.

– on behalf of Ministry of Foreign Affairs of Liberia.

MIL OSI Africa –

July 15, 2025
MIL-OSI: SIGMA AI Closes on Investment from Trading Technologies to Build TT AI and Innovation Hub

Source: GlobeNewswire (MIL-OSI)

London, July 15, 2025 (GLOBE NEWSWIRE) — SIGMA AI, an innovative fintech company specialising in real-time data and AI-driven insights, today announced a minority investment by Trading Technologies, International Inc. (TT), a global capital markets technology platform services provider.

This strategic investment establishes a deeper partnership, with SIGMA AI developing a proprietary AI and innovation hub for TT. The hub will focus on integrating AI into the TT® platform and driving AI adoption across TT’s products and services.

This extends SIGMA AI’s existing partnership with TT, which began in 2024 with a smaller investment focused on leveraging advanced technology within TT’s data and analytics offering.

In addition, Andy Simpson, the founder and CEO of SIGMA AI, is expanding his leadership responsibilities taking on the additional role of Head of AI and Innovation at TT. With deep expertise in market structure and a proven track record of delivering strategic transformation for banks, exchanges, and clearing houses, Simpson will advise on AI strategy reporting to TT CEO, Justin Llewellyn-Jones. His role at SIGMA AI remains unchanged.

TT’s Llewellyn-Jones said: “This partnership with SIGMA AI will deliver ground-breaking AI-driven solutions to our clients through products that are faster, smarter, and easier to use, with robust governance frameworks that put security and safety at the forefront to guard against the nefarious use of this technology. It will also enhance internal productivity by giving our global teams access to innovative new tools and processes – again, in a safe and secure manner.”

SIGMA AI’s Simpson said: “I’m thrilled to extend our partnership with Trading Technologies, which reflects our shared commitment to advancing AI in financial markets. I’m equally pleased to be expanding my role with TT. The AI and Innovation Hub will act as a centre of excellence, helping to embed AI more deeply across the TT® platform and operations, and strengthening TT’s long-standing position as a technology leader in global trading.”

“TT has long set the standard for developing cutting-edge tools for institutional traders. It’s a privilege to contribute to that progress while continuing to evolve Sigma AI’s work in delivering forward-thinking solutions for clients across the global trading ecosystem.”

About Sigma AI
SIGMA AI is a specialist data analytics company known for its cutting-edge data platform. Our low-latency Engineering & Artificial Intelligence platform offers personalised research, investment tools, and bespoke analytics. Our analytics capabilities are multi-asset and data-type agnostic, covering technicals, fundamentals, news, and client-specific data—delivered on-demand, scheduled, or event-driven. We support wealth managers, asset managers, brokers, traders, research vendors, data vendors, and technology vendors. For more information, visit www.sigmafinancial.ai.

About Trading Technologies
Trading Technologies is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers “multi-X” solutions, with “X” representing asset classes, functions, workflows and geographies. This multi-X approach features trade execution services across futures and options, fixed income, foreign exchange (FX) and cryptocurrencies augmented by solutions for data and analytics, including transaction cost analysis (TCA); quantitative trading; compliance and trade surveillance; clearing and post-trade allocation; and infrastructure services. The award-winning TT platform ecosystem also helps exchanges deliver innovative solutions to their market participants, and technology companies to distribute their complementary offerings to Trading Technologies’ clients.

Media Contact:
Melanie Budden
Realization Group
+44 (0) 7974 937970
melanie.budden@therealizationgroup.com

The MIL Network –

July 15, 2025
MIL-OSI: SIGMA AI Closes on Investment from Trading Technologies to Build TT AI and Innovation Hub

Source: GlobeNewswire (MIL-OSI)

London, July 15, 2025 (GLOBE NEWSWIRE) — SIGMA AI, an innovative fintech company specialising in real-time data and AI-driven insights, today announced a minority investment by Trading Technologies, International Inc. (TT), a global capital markets technology platform services provider.

This strategic investment establishes a deeper partnership, with SIGMA AI developing a proprietary AI and innovation hub for TT. The hub will focus on integrating AI into the TT® platform and driving AI adoption across TT’s products and services.

This extends SIGMA AI’s existing partnership with TT, which began in 2024 with a smaller investment focused on leveraging advanced technology within TT’s data and analytics offering.

In addition, Andy Simpson, the founder and CEO of SIGMA AI, is expanding his leadership responsibilities taking on the additional role of Head of AI and Innovation at TT. With deep expertise in market structure and a proven track record of delivering strategic transformation for banks, exchanges, and clearing houses, Simpson will advise on AI strategy reporting to TT CEO, Justin Llewellyn-Jones. His role at SIGMA AI remains unchanged.

TT’s Llewellyn-Jones said: “This partnership with SIGMA AI will deliver ground-breaking AI-driven solutions to our clients through products that are faster, smarter, and easier to use, with robust governance frameworks that put security and safety at the forefront to guard against the nefarious use of this technology. It will also enhance internal productivity by giving our global teams access to innovative new tools and processes – again, in a safe and secure manner.”

SIGMA AI’s Simpson said: “I’m thrilled to extend our partnership with Trading Technologies, which reflects our shared commitment to advancing AI in financial markets. I’m equally pleased to be expanding my role with TT. The AI and Innovation Hub will act as a centre of excellence, helping to embed AI more deeply across the TT® platform and operations, and strengthening TT’s long-standing position as a technology leader in global trading.”

“TT has long set the standard for developing cutting-edge tools for institutional traders. It’s a privilege to contribute to that progress while continuing to evolve Sigma AI’s work in delivering forward-thinking solutions for clients across the global trading ecosystem.”

About Sigma AI
SIGMA AI is a specialist data analytics company known for its cutting-edge data platform. Our low-latency Engineering & Artificial Intelligence platform offers personalised research, investment tools, and bespoke analytics. Our analytics capabilities are multi-asset and data-type agnostic, covering technicals, fundamentals, news, and client-specific data—delivered on-demand, scheduled, or event-driven. We support wealth managers, asset managers, brokers, traders, research vendors, data vendors, and technology vendors. For more information, visit www.sigmafinancial.ai.

About Trading Technologies
Trading Technologies is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers “multi-X” solutions, with “X” representing asset classes, functions, workflows and geographies. This multi-X approach features trade execution services across futures and options, fixed income, foreign exchange (FX) and cryptocurrencies augmented by solutions for data and analytics, including transaction cost analysis (TCA); quantitative trading; compliance and trade surveillance; clearing and post-trade allocation; and infrastructure services. The award-winning TT platform ecosystem also helps exchanges deliver innovative solutions to their market participants, and technology companies to distribute their complementary offerings to Trading Technologies’ clients.

Media Contact:
Melanie Budden
Realization Group
+44 (0) 7974 937970
melanie.budden@therealizationgroup.com

The MIL Network –

July 15, 2025
MIL-OSI: SIGMA AI Closes on Investment from Trading Technologies to Build TT AI and Innovation Hub

Source: GlobeNewswire (MIL-OSI)

London, July 15, 2025 (GLOBE NEWSWIRE) — SIGMA AI, an innovative fintech company specialising in real-time data and AI-driven insights, today announced a minority investment by Trading Technologies, International Inc. (TT), a global capital markets technology platform services provider.

This strategic investment establishes a deeper partnership, with SIGMA AI developing a proprietary AI and innovation hub for TT. The hub will focus on integrating AI into the TT® platform and driving AI adoption across TT’s products and services.

This extends SIGMA AI’s existing partnership with TT, which began in 2024 with a smaller investment focused on leveraging advanced technology within TT’s data and analytics offering.

In addition, Andy Simpson, the founder and CEO of SIGMA AI, is expanding his leadership responsibilities taking on the additional role of Head of AI and Innovation at TT. With deep expertise in market structure and a proven track record of delivering strategic transformation for banks, exchanges, and clearing houses, Simpson will advise on AI strategy reporting to TT CEO, Justin Llewellyn-Jones. His role at SIGMA AI remains unchanged.

TT’s Llewellyn-Jones said: “This partnership with SIGMA AI will deliver ground-breaking AI-driven solutions to our clients through products that are faster, smarter, and easier to use, with robust governance frameworks that put security and safety at the forefront to guard against the nefarious use of this technology. It will also enhance internal productivity by giving our global teams access to innovative new tools and processes – again, in a safe and secure manner.”

SIGMA AI’s Simpson said: “I’m thrilled to extend our partnership with Trading Technologies, which reflects our shared commitment to advancing AI in financial markets. I’m equally pleased to be expanding my role with TT. The AI and Innovation Hub will act as a centre of excellence, helping to embed AI more deeply across the TT® platform and operations, and strengthening TT’s long-standing position as a technology leader in global trading.”

“TT has long set the standard for developing cutting-edge tools for institutional traders. It’s a privilege to contribute to that progress while continuing to evolve Sigma AI’s work in delivering forward-thinking solutions for clients across the global trading ecosystem.”

About Sigma AI
SIGMA AI is a specialist data analytics company known for its cutting-edge data platform. Our low-latency Engineering & Artificial Intelligence platform offers personalised research, investment tools, and bespoke analytics. Our analytics capabilities are multi-asset and data-type agnostic, covering technicals, fundamentals, news, and client-specific data—delivered on-demand, scheduled, or event-driven. We support wealth managers, asset managers, brokers, traders, research vendors, data vendors, and technology vendors. For more information, visit www.sigmafinancial.ai.

About Trading Technologies
Trading Technologies is a global capital markets platform services company providing market-leading technology for the end-to-end trading operations of Tier 1 banks, brokerages, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. With its roots in listed derivatives, the Software-as-a-Service (SaaS) company delivers “multi-X” solutions, with “X” representing asset classes, functions, workflows and geographies. This multi-X approach features trade execution services across futures and options, fixed income, foreign exchange (FX) and cryptocurrencies augmented by solutions for data and analytics, including transaction cost analysis (TCA); quantitative trading; compliance and trade surveillance; clearing and post-trade allocation; and infrastructure services. The award-winning TT platform ecosystem also helps exchanges deliver innovative solutions to their market participants, and technology companies to distribute their complementary offerings to Trading Technologies’ clients.

Media Contact:
Melanie Budden
Realization Group
+44 (0) 7974 937970
melanie.budden@therealizationgroup.com

The MIL Network –

July 15, 2025
MIL-OSI Russia: EU to provide €2.5 billion to Armenia to support inclusive growth and connectivity

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

Yerevan, July 15 (Xinhua) — The European Union (EU) has reaffirmed its strong commitment to supporting Armenia’s resilience and long-term development through substantial financial and technical assistance, according to a joint communiqué issued following a trilateral meeting in Brussels on Monday between European Council President António Costa, European Commission President Ursula von der Leyen and Armenian Prime Minister Nikol Pashinyan. The text of the document was cited by the press service of the head of the Armenian government.

EU investments in Armenia under the Global Gateway strategy are planned to reach 2.5 billion euros with the aim of stimulating inclusive growth and developing connectivity.

The €270 million EU Resilience and Growth Facility announced in April 2024 increased funding for Armenia by 50%. With €270 million in various forms, the EU continued to support Armenia’s socio-economic reform agenda, closer cooperation across sectors, and investments in energy, transport, and the private sector, the document notes.

It was also stressed that A. Costa and U. von der Leyen welcomed Armenia’s ambitious reform agenda and expressed support for Armenia’s sovereignty, territorial integrity and democratic transformation in the country. They welcomed the recently adopted political agreement on the text of the new EU-Armenia partnership agenda, noted with satisfaction the progress in the visa liberalization process and the adoption by Armenia of the law on the start of the EU accession process. –0–

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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MIL OSI Russia News –

July 15, 2025
In reversal, Trump arms Ukraine and threatens sanctions on countries that buy Russian oil

Source: Government of India

Source: Government of India (4)

U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow’s ongoing attacks on its neighbour.

But Trump’s threat of sanctions came with a 50-day grace period, a move that was welcomed by investors in Russia where the rouble recovered from earlier losses and stock markets rose.

Sitting with NATO Secretary General Mark Rutte in the Oval Office, Trump told reporters he was disappointed in Russian President Vladimir Putin and that billions of dollars of U.S. weapons would go to Ukraine.

“We’re going to make top-of-the-line weapons, and they’ll be sent to NATO,” Trump said, adding that Washington’s NATO allies would pay for them.

The weapons would include Patriot air defence missiles Ukraine has urgently sought, he said.

“It’s a full complement with the batteries,” Trump said. “We’re going to have some come very soon, within days.”

“We have one country that has 17 Patriots getting ready to be shipped … we’re going to work a deal where the 17 will go or a big portion of the 17 will go to the war site.”

Rutte said Germany, Finland, Denmark, Sweden, Norway, the United Kingdom, the Netherlands and Canada all wanted to be a part of rearming Ukraine.

Trump’s threat to impose so-called secondary sanctions on Russia, if carried out, would be a major shift in Western sanctions policy. Lawmakers from both U.S. political parties are pushing for a bill that would authorise such measures, targeting other countries that buy Russian oil.

Throughout the more than three-year-old war, Western countries have cut most of their own financial ties to Moscow, but have held back from taking steps that would restrict Russia from selling its oil elsewhere. That has allowed Moscow to continue earning hundreds of billions of dollars from shipping oil to buyers such as China and India.

“We’re going to be doing secondary tariffs,” Trump said. “If we don’t have a deal in 50 days, it’s very simple, and they’ll be at 100%.”

A White House official said Trump was referring to 100% tariffs on Russian goods as well as secondary sanctions on other countries that buy its exports. Eighty-five of the 100 U.S. senators are co-sponsoring a bill that would give Trump the authority to impose 500% tariffs on any country that helps Russia, but the chamber’s Republican leaders have been waiting for Trump to give them the go-ahead for a vote.

Ukrainian President Volodymyr Zelenskiy said on Telegram he had spoken to Trump and “thanked him for his readiness to support Ukraine and to continue working together to stop the killings and establish a lasting and just peace.”

Zelenskiy held talks with Trump’s envoy Keith Kellogg on Monday.

In Kyiv, people welcomed Trump’s announcement but some were cautious about his intentions.

“I am pleased that finally European politicians, with their patience and convictions, have slightly swayed him (Trump) to our side, because from the very beginning it was clear that he did not really want to help us,” said Denys Podilchuk, a 39-year-old dentist in Kyiv.

GRACE PERIOD

Artyom Nikolayev, an analyst from financial information firm Invest Era, said Trump did not go as far as Russian markets had feared.

“Trump performed below market expectations. He gave 50 days during which the Russian leadership can come up with something and extend the negotiation track. Moreover, Trump likes to postpone and extend such deadlines,” he said.

Asked about Trump’s remarks, U.N. Secretary-General Antonio Guterres said an immediate ceasefire was needed to pave the way for a political solution and “whatever can contribute to these objectives will, of course, be important if it is done in line with international law.”

Since returning to the White House promising a quick end to the war, Trump has sought rapprochement with Moscow, speaking several times with Putin. His administration has pulled back from pro-Ukrainian policies such as backing Kyiv’s membership in NATO and demanding Russia withdraw from all Ukrainian territory.

But Putin has yet to accept a proposal from Trump for an unconditional ceasefire, which was quickly endorsed by Kyiv. Recent days have seen Russia use hundreds of drones to attack Ukrainian cities.

Trump said his shift was motivated by frustration with Putin.

“We actually had probably four times a deal. And then the deal wouldn’t happen because bombs would be thrown out that night and you’d say we’re not making any deals,” he said.

Last week he said, “We get a lot of bullshit thrown at us by Putin.”

Russia began its full-scale invasion of Ukraine in February 2022 and holds about one-fifth of Ukraine. Its forces are slowly advancing in eastern Ukraine and Moscow shows no sign of abandoning its main war goals.

Evelyn Farkas, a former senior Pentagon official who is now executive director of the McCain Institute, said Trump’s moves could eventually turn the tide of the war if Trump ratchets up enforcement of current sanctions, adds new ones and provides new equipment quickly.

“If Putin’s ministers and generals can be convinced that the war is not winnable they may be willing to push Putin to negotiate, if nothing else but to buy time,” said Farkas.

(Reuters)

July 15, 2025
MIL-OSI New Zealand: Economy – RBNZ to open next phase of Exchange Settlement Account System application process in September 2025

Source: Reserve Bank of New Zealand

15 July 2025 – Payment service providers and other interested entities can request an introductory meeting now.

The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) will open the second phase of the Exchange Settlement Account System (ESAS) application process in September 2025.

ESAS is New Zealand’s principal high-value payments system used by banks and other financial organisations to settle their financial transactions in real time. In March 2025 RBNZ completed a multi-year review of ESAS and expanded the access criteria to include more non-bank entities.

In April 2025 RBNZ published the new access criteria and opened the first phase of the application process, when licensed non-bank deposit takers (NBDTs) in New Zealand were invited to apply.

In September 2025 RBNZ will open the second phase of the application process, when other interested entities can apply. This may include payment service providers, overseas deposit takers and operators of designated Financial Market Infrastructures (FMIs).

Information on the phase 2 application process and guidance on requirements to meet the access criteria will be published on the RBNZ website in September.

In the meantime, RBNZ invites anyone who has read the access criteria and is considering applying for ESAS access to email ESASAccess@rbnz.govt.nz for an introductory meeting.

The introductory meeting is an informal opportunity to discuss ESAS, and for RBNZ to understand an entity’s intended use and share information on prerequisites and other requirements to help the entity prepare to apply from September, if they choose.

Registered banks and licensed NBDTs in New Zealand can continue to apply for ESAS access at any time. Access criteria and information for phase 1 applicants is available on the RBNZ website.

More information

Exchange Settlement Account System: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=d9e45cd26c&e=f3c68946f8
ESAS access criteria: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=02cc7268e0&e=f3c68946f8

MIL OSI New Zealand News –

July 15, 2025