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Quantum Solutions Forms Strategic Alliance with TDX Strategies to Advance Bitcoin Treasury Deployment

TOKYO, July 28, 2025 /PRNewswire/ — Quantum Solutions Co., Ltd. (2338.T) and its affiliates (the “Quantum Solutions Group” or “Quantum Solutions“), a Tokyo Stock Exchange-listed company, today announced a new strategic milestone in its digital asset initiative. The Quantum Solutions’ Group, has entered into a business collaboration arrangement with TDX Strategies Ltd, a renowned digital asset technology company in Asia. The two parties will cooperate extensively in areas including Bitcoin trade execution, asset custody, structured product design, and market risk management—offering end-to-end technical and service support for Quantum Solutions’ Bitcoin Treasury strategy.

Quantum Solutions previously disclosed its plan to accumulate up to 3,000 Bitcoins over the next 12 months, aiming to hedge inflation risks, optimize asset structure, and enhance the agility of its financial system. The collaboration with TDX Strategies marks a key transition from capital planning to systemized execution and is expected to substantially strengthen the Quantum Solutions’ technical capabilities and operational security in the management of digital assets.

TDX Strategies is a tech-driven enterprise focused on trading and structuring of digital financial products. It holds licensed investment trading and operational status in the British Virgin Islands (BVI). With a strong track record in blockchain asset operations and a robust institutional network across markets, TDX serves a range of Asian family offices, asset managers, and corporate clients. For this collaboration, Quantum Solutions’ Group agrees to prioritize the selection of TDX’s paid cryptocurrency services on a non-exclusive basis, ensuring operational flexibility and execution reliability for the Treasury business.

According to the agreement, TDX Strategies will provide comprehensive support to Quantum Solutions’ BTC Treasury business, including: assisting in the development of an institutional-grade trade execution system tailored for Bitcoin; establishing enterprise-level cold/hot wallet management frameworks and multi-signature security protocols to safeguard custody; designing principal-protected and yield-enhancing structured products based on Bitcoin holdings to improve capital efficiency; and delivering ongoing consulting in operational, technical, risk exposure control, and market response strategies.

TDX Strategies is recognized as a next-generation digital asset firm with hands-on expertise in structured finance instruments, institutional trading infrastructure, and cross-chain solutions. Its team combines deep knowledge in blockchain application development and traditional risk management, and the company enjoys a strong reputation in the Asian crypto-financial space. Notably, TDX is one of the portfolio companies under a strategic partner of Quantum Solutions Mr. Tak Cheung Yam, the ultimate beneficial majority shareholder of renowned American media Forbes Media LLC a .

Mr. Yam is also the sole owner of Integrated Asset Management (Asia) Limited, which recently extended a USD 10 million loan to Quantum Solutions’ Group to support the initial phase of its Bitcoin Treasury initiative. As a globally respected investor, Mr. Yam has committed both capital and infrastructure to accelerate Quantum Solutions’ entry into the digital asset space. Through this partnership, TDX Strategies’ technological resources and professional team have also been made available to Quantum Solutions, reflecting Mr. Yam’s full-spectrum commitment—both financially and operationally.

Quantum Solutions noted that the collaboration establishes a comprehensive support system for its digital asset strategy—spanning funding, infrastructure, and compliance. This creates a closed-loop model from capital infusion to asset management, and represents a clear shift from “reserve asset” to “strategic asset” status for Bitcoin within the company’s evolving financial framework. The initiative is designed to deepen the asset’s integration into the corporate finance structure while maximizing its intrinsic and strategic value.

Looking ahead, Quantum Solutions and TDX intend to expand their collaboration to cover a wider range of use cases, including Bitcoin yield strategies, stablecoin allocations, and cross-chain structured product development. These efforts aim to further enhance the flexibility and compounded value potential of the company’s digital asset portfolio.

This partnership marks not only the operational execution of the company’s digital asset strategy, but also a significant step forward in building a future-ready financial architecture. As the Bitcoin Treasury program advances, Quantum Solutions expects to accelerate the development of an enterprise-grade reserve framework that is institutionalized, auditable, and responsive to market conditions—providing robust safeguards for long-term asset security and corporate growth.

About Quantum Solutions Co., Ltd.

Quantum Solutions Co., Ltd. (Tokyo Stock Exchange: 2338.T) is a Tokyo-based high-growth technology company specializing in artificial intelligence, big data analytics, and blockchain-related innovation. Founded in 2004 and listed on the Tokyo Stock Exchange, the company delivers advanced technology solutions across a range of industries, including fintech, healthcare, and smart manufacturing. In its financial year ended 28 February 2025, Quantum Solutions reported approximately USD 4.7 million in revenue and is currently holdings over several trademarks and patents in games. For more information, please visit: https://www.quantum-s.co.jp/en/corporate

Forward-Looking Statements

This press release contains forward-looking statements based on information currently available to the company and certain assumptions regarding future events and expectations. These statements are subject to various risks and uncertainties—including but not limited to changes in policy, market conditions, technological developments, and regulatory factors—that could cause actual results to differ materially from those expressed or implied in such statements. Existing and prospective investors are advised to consider potential risks carefully and not to place undue reliance on any forward-looking statements contained herein. Such statements speak only as of the date of this release. Unless required by law, the company undertakes no obligation to update or revise any forward-looking statements in light of new information, future events, or other circumstances.

For further enquiries, please contact:

Hong Kong/International:
Mr. Steven Tung
Email: steven.tung@quantum-s.co.jp

Japan:
Ms. Linda Peng
Email: linda.peng@quantum-s.co.jp

Gunman Kills Five in Bangkok Market Shooting Before Taking Own Life

A 61-year-old gunman opened fire at a fresh food market in Bangkok’s Chatuchak district. 28 July 2025. (Photo credit: The Nation Thailand)

A 61-year-old gunman opened fire at a fresh food market in Bangkok’s Chatuchak district on 28 July shortly after noon, killing five people and injuring two others before turning the gun on himself.

The attacker, identified as Noi Praidaen, was reportedly wearing a black shirt, cream-colored shorts, and carrying a camouflage backpack. According to police, he was a resident of Khong district in Nakhon Ratchasima province.

Witnesses say the shooter moved through the market, targeting multiple individuals after initially gunning down security guards.

A 61-year-old gunman opened fire at a fresh food market in Bangkok’s Chatuchak district. 28 July 2025. (Photo credit: The Nation Thailand)

Authorities later confirmed six fatalities: four market security guards, one female vendor, and the shooter himself.

Two injured individuals were transported to nearby hospitals for treatment.

The market has been temporarily closed as investigators work to determine the motive and gather further evidence.

Dun & Bradstreet in Hong Kong Spotlights SME Credit Insights at HKMA Data Summit 2025

HONG KONG, July 28, 2025 /PRNewswire/ — Dun & Bradstreet, a leading global provider of business decisioning data and analytics, participated in the Hong Kong Monetary Authority (HKMA) Data Summit 2025, the flagship event showcasing the transformative potential of the Commercial Data Interchange (CDI) under the HKMA’s “Fintech 2025” vision.

As a key contributor to the Summit, Dun & Bradstreet moderated a panel discussion on SME Credit Insights, featuring thought leaders from several major banks and a CDI data provider. The panel explored how alternative data and advanced analytics enabled by CDI and supported by HKMA and early-adopter banks, are reshaping credit access and financial inclusion for small and medium-sized enterprises (SMEs). Panelists shared actionable strategies and discussed how Commercial Credit Reference Agency (CCRA) credit analytics can empower SMEs to thrive in a data-driven economy.

Dun & Bradstreet has been actively collaborating with ecosystem stakeholders – including the HKMA, major local banks, and data service providers — to reduce information asymmetries and build a more holistic view of industry-wide SME creditworthiness. Since November 2024, Dun & Bradstreet has initiated the development of CCRA credit analytics, working with pilot banks during the Proof-of-Concept phase to deliver more insightful and actionable credit analytics. These insights aim to help SMEs overcome financing barriers and unlock new growth opportunities.

“Dun & Bradstreet is committed to advancing data innovation that drives financial inclusion and cross-boundary collaboration in Hong Kong, a strategically vital market,” said Andrew Wu, General Manager of Dun & Bradstreet China. “We are excited to contribute to the Summit’s dialogue and support HKMA’s visionary initiatives. By harnessing the power of data, financial institutions can unlock a new era of digital transformation.”

In addition to the panel, Dun & Bradstreet hosted an exhibition booth at the Summit, showcasing its latest data-driven solutions for banks, other financial institutions, and fintech innovators.

Further to CCRA credit analytics, Dun & Bradstreet is also contributing to two other HKMA strategic initiatives:

1.Project Cargox – Enhancing the digital trade finance ecosystem by integrating shipping and logistics data, multi-source data reconciliation, and advance network analytics to improve SME financing accessibility.

2.Cross-Boundary Data Validation Platform– Supporting pilot cases in cross-boundary credit assessment to increase transparency and facilitate easier access to financing for SMEs and cross-boundary enterprises.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity. We combine global data with local insights to help our clients to make smarter decisions. For more information on Dun & Bradstreet, please visit www.dnb.com.hk.

Cheetah Mobile to Acquire Controlling Stake in UFACTORY to Accelerate Its Robotics Commercialization Strategy

BEIJING, July 28, 2025 /PRNewswire/ — Cheetah Mobile Inc. (NYSE: CMCM) (“Cheetah Mobile” or the “Company”), a China-based IT company, today announced that one of its majority-owned subsidiaries has signed a definitive agreement to acquire an equity interest of 60.8% in Shenzhen UFACTORY Technology Co., Ltd. (“UFACTORY”), a leading provider of lightweight robotic arms, for a total consideration of approximately RMB99.5 million. Prior to the transaction, another wholly-owned subsidiary of Cheetah Mobile already held 19.2% of UFACTORY’s total equity interest. Following the transaction, the two subsidiaries will collectively hold approximately 80.0% of UFACTORY’s total equity interest, representing Cheetah Mobile’s ultimate beneficial ownership in UFACTORY of approximately 75.8%.

The transaction has been approved by the Company’s board of directors and audit committee and is expected to close in the third quarter of 2025, subject to customary closing conditions.  

Mr. Sheng Fu, Cheetah Mobile’s Chairman and Chief Executive Officer, commented, “We’re excited to deepen our investment in UFACTORY, a fast-growing leader in collaborative robotics. With its robust technology stack and lean go-to-market approach, UFACTORY is an ideal partner to support our next stage of growth in AI and robotics. With this acquisition, we’re strengthening our product portfolio to help our service robots operate across more physical environments and tasks. This marks a significant step forward in our mission to deliver smarter, more adaptable robotics solutions to global markets.”

Mr. Thomas Ren, Cheetah Mobile’s Director and Chief Financial Officer, commented: “We will fund the acquisition with our cash reserves. As of March 31, 2025, we held over USD230 million in net cash, giving us ample flexibility to pursue strategic investments that have the potential to deliver sustainable shareholder value.”

About UFACTORY

UFACTORY is a leading provider of lightweight collaborative robotic arms – designed to safely work alongside humans in shared environments. Under the brand “UFACTORY xArm”, the company is one of the few robotic arm providers generating net profits and substantial revenue from overseas markets, having achieved sustained growth over the past years.

Backed by proprietary full-stack robotics technologies, UFACTORY offers a diverse portfolio of five-, six-, and seven-axis robotic arms and robotic accessories. UFACTORY’s developer-friendly design makes its robotic arms and accessories highly adaptable across different use cases, empowering customers with flexibility and ease of deployment.

UFACTORY has built a loyal, global customer base with increasing revenues from international markets.

About Cheetah Mobile Inc.

Cheetah Mobile is a China-based IT company with a commitment to AI innovation. It has attracted hundreds of millions of users through an array of internet products and services on PCs and mobile devices. At the same time, it actively engages in the independent research and development of AI technologies, including LLM technologies. Cheetah Mobile provides advertising services to advertisers worldwide, value-added services including the sale of premium membership to its users, multi-cloud management platform to companies globally, as well as service robots to international clients. Cheetah Mobile is also committed to leveraging its cutting-edge AI technologies, including LLM technologies, to empower its products and make the world smarter. It has been listed on the New York Stock Exchange since May 2014.

Safe Harbor Statement

This press release contains forward-looking statements. These statements, including management quotes and business outlook, constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Such statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements, including but are not limited to the following: Cheetah Mobile’s growth strategies; Cheetah Mobile’s ability to retain and increase its user base and expand its product and service offerings; Cheetah Mobile’s ability to monetize its platform; Cheetah Mobile’s future business development, financial condition and results of operations; competition with companies in a number of industries including internet companies that provide online marketing services and internet value-added services; expected changes in Cheetah Mobile’s revenues and certain cost or expense items; and general economic and business condition globally and in China. Further information regarding these and other risks is included in Cheetah Mobile’s filings with the U.S. Securities and Exchange Commission. Cheetah Mobile does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

Investor Relations Contact

Helen Jing Zhu
Cheetah Mobile Inc.
Tel: +86 10 6292 7779
Email: ir@cmcm.com 

Last Chance to Get COSRX’s Best-Selling Snail Duo on the House at Alfred Coffee — This Wednesday Only

LOS ANGELES, July 28, 2025 /PRNewswire/ — It’s the glow-up everyone’s been talking about. This July, cult K-beauty favorite COSRX joined forces with LA’s iconic café Alfred Coffee for a month long campaign bringing together two of life’s greatest pleasures, expertly brewed coffee and game-changing skincare.

Last Chance to Get COSRX’s Best-Selling Snail Duo on the House at Alfred Coffee — This Wednesday Only
Last Chance to Get COSRX’s Best-Selling Snail Duo on the House at Alfred Coffee — This Wednesday Only

Fueled by COSRX’s Amazon best-selling Advanced Snail line, the collaboration introduced skincare lovers and coffee connoisseurs alike to the brand’s holy grail formulas, including the legendary Advanced Snail 96 Mucin Power Essence and Advanced Snail 92 All in One Cream. These products are so good, your skin might just scream “Snailed it!” louder than your first sip of morning caffeine.

To spotlight the collaboration, COSRX and Alfred Coffee have turned midweek fatigue into a moment of joy by rebranding Wednesdays, the longest day of the week, as “Slow Wednesdays”. Inspired by the brand’s snail mucin hero ingredient, the campaign encourages Angelenos to pause, pamper, and perk up with a dose of skincare and coffee. Starting at 7 AM every Wednesday in July, early birds at participating Alfred Coffee locations were treated to a full-sized Snail Essence and Cream set with any drink purchase. Products flew off the shelves within hours, and what started as a six-store giveaway quickly turned into a citywide sensation.

Now, as all good things must come to an end, COSRX and Alfred Coffee are going all out for the final Slow Wednesday. Due to overwhelming demand, the event has expanded to 11 Alfred Coffee locations across LA: Melrose Place, Marina del Rey, Ventura Place, Brentwood, Westwood, Coldwater, Arts District, Beverly Hills, Encino, Highland Park, and Silverlake. The final drop happens Wednesday, July 30 at 7 AM, so mark your calendars as this is the last chance to get the TikTok-famous Snail Duo free with any Alfred Coffee purchase. Supplies are limited, so get there early or risk missing out.

Throughout the month, the collaboration has featured limited-edition coffee sleeves, influencer takeovers, a buzzing social giveaway, and nonstop excitement both online and off. At its core, the campaign reflects COSRX’s mission to help Angelenos slow down and indulge in a little everyday self-care – because nothing pairs better than glowing skin and your favorite latte.

So run, don’t walk to grab you’re favorite “Snailed It” set.

About COSRX

With its powerful yet affordable skincare solutions, COSRX has quickly become one of America’s favorite skincare brands. Using a minimal number of highly effective natural extracts in concentrated doses, COSRX products deliver visible results by treating the skin with only the essentials it needs and nothing it doesn’t. Find its best-selling skincare solutions at retailers nationwide, including https://www.cosrx.com, Amazon, ULTA, Revolve, Dermstore, Nordstrom and Target. COSRX is also on Instagram + TikTok.

About Alfred Coffee

Alfred first opened in 2013 on Melrose Place with a singular vision: to become the neighborhood coffee shop of LA. Fueled by consistent innovation, everyday excellence, and creative partnerships, Alfred delivers a whole experience – all part of their ongoing mission to invite everyone into their world and give them every reason to stay. With more than 20 locations across Los Angeles and beyond, Alfred continues to set the bar for coffee culture worldwide. Discover more at www.alfred.la.

Beko Scales Up Climate Action with Green Electricity and Refurbishment

  • Commitment to be a net zero company by 2050 with ambitious 2030 targets including using 100% green electricity in all manufacturing facilities
  • 114,468 products refurbished in 2024
  • 61.9% of turnover from energy-efficient products; 71.5% from low-carbon products

ISTANBUL, July 28, 2025 /PRNewswire/ — Beko, a leader in home appliances, launched its 2024 Integrated Report, themed around scientist Carl Sagan’s profound depiction of Earth as the “pale blue dot.” The metaphor underscores our planet’s fragility and our collective duty to “preserve and cherish the only home we’ve ever known.”

Beko Factory Rooftop Solar
Beko Factory Rooftop Solar

In a world in flux—at a time when sustainability is losing priority in boardrooms—Beko remains steadfast. Its purpose is clear: to inspire sustainable living in every home. This purpose is backed by concrete actions, including a pathway to 100% green electricity by 2030 and a global refurbishment network that extended the life of over 114,000 appliances in 2024.

As a recognized sustainability leader, earning the highest score in its industry in the S&P Global Corporate Sustainability Assessment for the sixth consecutive year[i], Beko remains resolved in its commitment to both people and planet. The company was recently ranked 17th among the world’s most sustainable companies by TIME Magazine and Statista, topping in its industry and appearing on the list for the second time. These achievements highlight Beko’s robust climate strategy, alongside its continued progress in ESG transparency, product efficiency, supply chain responsibility, and social inclusion.

The first of its kind from Beko, the integrated report aligns with the International Integrated Reporting Framework (IIRC), Global Reporting Initiative (GRI), Türkiye Sustainability Reporting Standards (TSRS), and Corporate Sustainability Reporting Directive (CSRD). It includes a double materiality assessment, evaluating both how sustainability issues affect Beko’s business and how Beko’s operations impact society and the environment, combining stakeholders’ perspectives with internal analyses to drive tangible actions. This approach reflects the company’s long-term strategy—affirming that sustainability is not solely a business priority but a shared global imperative.

Hakan Bulgurlu, CEO of Beko, said: “Securing a net-zero future requires absolute focus and concrete action. We are committed to 100% green electricity in manufacturing by 2030 and have dramatically scaled our refurbishment programme. But that’s only part of the story. We’re continuously working to improve water and waste management, drive down emissions across our supply chain, and design products that do more with less. I’m very grateful for our teams and partners who champion these responsible practices, helping us build a greener, more circular economy. This report showcases how Beko embeds sustainability into every decision, from product design to operations and corporate governance, as we work to protect our ‘pale blue dot’.”

Celebrating 70 years of innovation, Beko continues to lead with purpose and consistency, keeping sustainability at its core:

  • Beko is on a path to Net Zero by 2050, with bold interim targets including using 100% green electricity in all manufacturing facilities by 2030. The company’s climate strategy addresses Scope 3 emissions—which account for 99% of its total footprint, with approximately 80% arising during product use phase.
  • Beko has rapidly scaled up its renewable energy investments, reaching a total installed capacity of 90.2 MWp—an almost 30-fold increase in just four years.
  • Beko’s circular economy strategy is driving transformation across design, production, and end-of-life product use. Refurbishment is a core enabler of its product lifecycle model. In 2024, the company’s global refurbishment network extended the life of 114,468 appliances. These efforts help customers reduce carbon footprints while extending product utility and reducing e-waste.
  • Beko has embedded sustainability into its leadership DNA by linking executive compensation indirectly to environmental performance. Targets for reducing Scope 1, 2, and 3 emissions, along with supply chain sustainability integration, are included in the scorecards of key C-suite leaders.

As a member of and signatory to multiple global initiatives, Beko demonstrates its commitment to collaborative climate action. The integrated report is a call to action for stakeholders to unite in preserving Earth’s sustainability. For a comprehensive view of Beko’s initiatives, visit https://www.bekocorporate.com/.

ABOUT BEKO

Beko is an international home appliance company with a strong global presence, operating through subsidiaries in more than 55 countries with a workforce of over 50,000 employees and production facilities spanning multiple regions—including Europe, Asia, Africa, and the Middle East. Beko has 22 brands owned or used with a limited license (Arçelik, Beko, Whirlpool*, Grundig, Hotpoint, Arctic, Ariston*, Leisure, Indesit, Blomberg, Defy, Dawlance, Hitachi*, Voltas Beko, Singer*, ElektraBregenz, Flavel, Bauknecht, Privileg, Altus, Ignis, Polar). Beko became the largest white goods company in Europe with its market share (based on volumes) and reached a consolidated turnover of 10.6 billion Euros in 2024. Beko’s 29 R&D and Design Centers & Offices across the globe are home to over 2,300 researchers and hold more than 3,500 international registered patent applications to date. The company has achieved the highest score in the S&P Global Corporate Sustainability Assessment (CSA) in the DHP Household Durables industry for the sixth consecutive year (based on the results dated 18 February 2025) and has been included in the Dow Jones Sustainability Indices for the eighth consecutive year.** The company has been recognized as the 17th most sustainable company on TIME Magazine and Statista’s 2025 list of the World’s Most Sustainable Companies. Beko’s vision is ‘Respecting the World, Respected Worldwide.’  

www.bekocorporate.com

*Licensee limited to certain jurisdictions.
**The data presented belongs to Arçelik A.Ş., a parent company of Beko.

[i] 87/100 (as of 18 Feb 2025)

 

Hakan Bulgurlu Beko CEO
Hakan Bulgurlu Beko CEO

 

 

 

FNZ Announces Strategic Partnership with Microsoft to Accelerate the Transformation of the Wealth Management Industry

  • FNZ and Microsoft have entered a global, five-year strategic partnership to accelerate digital transformation across the wealth management industry.
  • The partnership strengthens FNZ’s global platform by enhancing its AI, automation and cloud capabilities.
  • The goal is to drive value for financial institutions and their clients by enhancing operational efficiency, accelerating innovation and increasing speed to market.
  • The collaboration includes co-innovation, joint go-to-market initiatives and the development of new AI-powered digital wealth solutions.

LONDON, July 28, 2025 /PRNewswire/ — FNZ, a leading end-to-end wealth management platform has today announced a global, five-year strategic partnership with Microsoft to transform the wealth management industry through technology, innovation and AI-driven digital solutions.

The partnership combines FNZ’s industry-leading technology, wealth management expertise and global reach with Microsoft’s advanced AI capabilities, cloud infrastructure and engineering excellence.

By integrating Microsoft Azure AI Foundry at the heart of its platform, FNZ is redefining how financial institutions, advisors and their clients interact by delivering more personalized, intelligent and resilient digital wealth management experiences. This collaboration with Microsoft accelerates this transformation by helping FNZ bring new solutions to market faster, enhance client outcomes, boost advisor productivity and drive innovation across industry.

With more than 650 financial institution partners, over 26 million end investors and close to $2 trillion in assets under administration, FNZ brings scale to the partnership. This provides access to one of the largest wealth management data sets in the world, enabling the powerful application of AI, cloud technologies and analytics to deliver deeper insights, greater personalization and better outcomes for advisors, clients and institutions alike.

Partnership Highlights

Through the partnership, FNZ will work with Microsoft to deliver advanced AI tools, drive new technology development and collaborate on joint go-to-market initiatives, including:

  • Creating a next-generation advisor and investor experience: FNZ will integrate Azure AI Foundry capabilities, including Azure OpenAI in Foundry Models, into its market-leading platform to provide enhanced personalization, greater efficiency and a next-generation user experience.
  • Innovative applications for data and analytics: FNZ will utilize Microsoft Fabric to strengthen its data and analytics capabilities, delivering deeper insights tailored to the unique needs of wealth managers and advisors.
  • Co-development and joint engineering: FNZ will develop new digital wealth solutions by embedding Azure AI Foundry into FNZ’s global platform. Joint engineering teams will accelerate product innovation, enhance platform intelligence, and deliver secure, scalable services that strengthen risk management, compliance and resilience. FNZ will also deploy GitHub Copilot across its engineering teams to boost developer productivity and innovation.
  • Resilience and scalability: By combining FNZ’s market-leading platform and delivery capabilities with Microsoft’s technologies and tooling, the partnership will help create more resilient, scalable and industrial-strength solutions for financial institutions.
  • Enhancing operational efficiency: FNZ will also deploy Microsoft 365 Copilot and intelligent agents to support middle- and back-office processes.
  • Global joint go-to-market: FNZ will collaborate with Microsoft on joint go-to-market activities, including the development and deployment of modular wealth solutions through multiple channels, including the Microsoft Marketplace, alongside coordinated global marketing initiatives and joint participation in industry events.

Roman Regelman, Group President, FNZ, said: “FNZ has always been at the forefront of innovation in wealth-management technology. Partnering with Microsoft allows us to accelerate our AI-led roadmap and enhances our ability to deliver personalized, intelligent and resilient solutions to our clients, strengthening our position of leadership.”

“Together, we are not just upgrading technology. We are setting a new standard for how wealth management is delivered. Partnering with Microsoft further advances our mission to open up wealth, by making investing more accessible to more people worldwide.”

Bill Borden, Corporate Vice President, Worldwide Financial Services, Microsoft, said: “Our partnership brings together Microsoft’s AI and cloud technologies with FNZ’s global platform and expertise in wealth management to deliver insights that will lead to more impactful and personalized experiences for advisors and their clients. Together, we’re helping financial institutions lead as Frontier Firms by reimagining their operations through agentic AI, accelerating innovation, and unlocking new value across the wealth management ecosystem.”

FNZ is backed by some of the world’s largest institutional shareholders, including Caisse de dépôt et placement du Québec (La Caisse), Canada Pension Plan Investment Board (CPP Investments), Generation Investment Management and Motive Partners.

CONTACT: fnz@teneo.com 

 

HCSA Community Services and Tan Tock Seng Hospital Sign MOU to Hepatitis C Elimination in Singapore

SINGAPORE, July 28, 2025 /PRNewswire/ — In celebration of the World Hepatitis Day (28 July), HCSA Community Services and Tan Tock Seng Hospital (TTSH), an anchor hospital of NHG Health, today signed a Memorandum of Understanding (MoU) to reinforce their shared commitment to eliminating Hepatitis C (HCV) among former drug offenders in Singapore, the World Health Organization’s global strategy of eliminating Hepatitis C.

Representatives from HCSA Community Services, Tan Tock Seng Hospital Gastroenterology Department, National Centre for Infectious Diseases, Communicable Diseases Agency, Home Team Medical Services Division (MHA), Tzu-Chi Foundation (Singapore), Gilead Sciences, Singapore Prison Service, Singapore Anti-Narcotics Association, Prison Fellowship Singapore, Halfway house partners
Representatives from HCSA Community Services, Tan Tock Seng Hospital Gastroenterology Department, National Centre for Infectious Diseases, Communicable Diseases Agency, Home Team Medical Services Division (MHA), Tzu-Chi Foundation (Singapore), Gilead Sciences, Singapore Prison Service, Singapore Anti-Narcotics Association, Prison Fellowship Singapore, Halfway house partners

This marks a significant step towards the Educate, Test, Treat! (ETT) initiative, launched in 2022 with the funding support of Gilead Sciences. Witnessed by Mdm Rahayu Mahzam, Minister of State, Ministry of Health and Ministry of Digital Development and Information, the MoU strengthens closer collaboration between community and healthcare stakeholders to expand HCV screening, and make care and treatment more accessible to prevent serious liver diseases.

Through this latest phase of the ETT Initiative, a continued partnership with TTSH has been formalized through a Memorandum of Understanding (MoU). This collaboration will strengthen follow-up care by combining fast, saliva-based Hepatitis C antibody testing, which avoids the need for blood draws or finger pricks, with access to specialist medical support.

From August 2025 to the end of 2026, the initiative aims to screen up to 600 individuals. TTSH will provide a comprehensive suite of services, including educational outreach, conducting HCV screenings, confirming chronic HCV infection with HCV viral load testing in the clinic, assessing for early signs of liver fibrosis, prescribing antiviral therapy, and confirming cure after treatment completion. The hospital will also connect patients with HCSA for financial guidance and support services.

The first phase of ETT initiative in 2023 achieved its target recruitment of 210 participants. Phase 2, launched in 2024, continues to aim to make Hepatitis C screening more accessible to ensure individuals receive timely medical care at the hospital. This phase expands its outreach by working closely with more halfway houses, targeting up to 400 participants for screening.  To date, Phase 2, which will complete in 2025, has reached 85% of its screening target Among them, 93% of participants who were tested HCV Antibody positive, and 68.5% of those who were confirmed with active HCV infection have received early and appropriate medical treatment. This progress has been made possible through strong collaboration among halfway houses and program partners like Gilead Sciences and Tzu Chi Foundation, providing essential medical, financial, and social support.

“This partnership marks a significant step to support former drug offenders in reclaiming their health and dignity. By breaking down barriers to care, we are not only treating a disease, but we are also restoring hope,” said Mrs Kim Lang Khalil, Chief Executive Officer, HCSA Community Services.

“Tan Tock Seng Hospital remains committed to delivering specialist care beyond hospital walls and into the community. Through close collaboration with participating halfway houses, we are making tangible progress toward turning the vision of Hepatitis C elimination among former drug offenders in Singapore into reality,” said Dr Yew Kuo Chao, Senior Consultant from the Department of Gastroenterology and Hepatology, Tan Tock Seng Hospital, NHG Health.

“At Gilead, we remain deeply committed to working closely and collaboratively with local partners to reach vulnerable populations, reduce health disparities, and ensure that every individual—regardless of background—has access to the care they need. In support of the WHO’s hepatitis elimination goal, Gilead is proud to collaborate with HCSA Community Services and other local partners. We are encouraged to see this network grow stronger year by year, reflecting the power of partnership in driving meaningful change,” said Ms. Cathy Su, General Manager, Taiwan, Hong Kong & Singapore, Gilead Sciences.

About HCSA Community Services

HCSA Community Services is a charitable organisation with Institution of a Public Character (IPC) status and a member of the National Council of Social Service. The organisation was launched in 1996 as a halfway house for recovering drug addicts and ex-offenders under its HCSA Highpoint programme. Today, their work has expanded to include teenage girls who have suffered complex trauma from abuse, single-parent families with limited support and other at-risk groups in the community. HCSA operates with a team of dedicated staff, volunteer teams, corporate and community partners, as they continue to serve the vulnerable in society, to give them a future and a hope. HCSA’s mission is to empower these vulnerable populations through their signature programmes. Find out more at www.hcsa.org.sg.

About Tan Tock Seng Hospital

Tan Tock Seng Hospital (TTSH), an anchor hospital of NHG Health, is one of Singapore’s largest and pioneering multidisciplinary hospitals. Affectionately known as the People’s Hospital, TTSH has a dedicated healthcare team of over 11,000, operates more than 2,000 beds, and provides care across more than 60 clinical disciplines. It is home to NHG Health’s National Centre for Infectious Diseases (NCID) a 330-bed purpose-built facility designed to strengthen Singapore’s capabilities in infectious disease management and prevention.

TTSH anchors HealthCity Novena—Singapore’s first integrated healthcare hub, spanning 17 hectares, and as part of NHG Health, TTSH is committed to empowering individuals in Central and North Singapore to lead healthier lives, transforming care through innovation, research and clinical excellence — adding years of healthy life to the community.

About Gilead Sciences

Gilead Sciences, Inc. is a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, with the goal of creating a healthier world for all people. The company is committed to advancing innovative medicines to prevent and treat life-threatening diseases, including HIV, viral hepatitis, COVID-19, cancer and inflammation. Gilead operates in more than 35 countries worldwide, with headquarters in Foster City, California.

 

 

 

Jeremiah Barnabas

Senior Manager, Strategic Communications

+65 6745 3532 ext 456

jeremiah_BARNABAS@hcsa.org.sg

 

Agnes Lau

Director of Public Affairs, Asia

+852 9551 9987

agnes.lau5@gilead.com