Chinese Listing Spree Sparks Revival Hopes in Hong Kong Stocks
A wave of listings by Chinese companies is expected to reinvigorate trading activity in Hong Kong, with optimism growing that a robust pipeline of debuts will drive the broader stock market higher.
First-time share sales in Hong Kong have raised HK$77 billion ($9.9 billion) this year through May, the most for the period since 2021, buoyed by a blockbuster offering by battery giant Contemporary Amperex Technology Co.
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Associated Press
7 minutes ago
- Associated Press
Caseware Launches Cloud Audit – A Next-Generation Solution for Singapore's Audit Professionals
Singapore, June 29, 2025 (GLOBE NEWSWIRE) -- Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the launch of Cloud Audit, a powerful, cloud-based audit platform purpose-built for Singapore's audit professionals. Designed to accelerate audit transformation, Cloud Audit is aligned with the Institute of Singapore Chartered Accountants (ISCA) methodology, helping firms to meet Singapore's regulatory and professional standards with confidence. 'With the launch of Cloud Audit, we're bringing a modern, collaborative and secure audit solution tailored to the needs of Singapore's practitioners,' said Sarah Butler, head of solutions, APAC at Caseware. 'Already available and gaining significant traction in Australia, this platform is designed to help firms embrace digital transformation, improve efficiency and stay ahead of evolving compliance requirements.' Early adopters of Cloud Audit in other countries across Asia Pacific are already seeing measurable benefits. Accru Felsers, an award-winning accounting firm in Australia, reports improved team collaboration and faster turnaround times since implementing the solution. Jean Zhang, audit and assurance partner, remarked, 'With Cloud Audit, we update one template, and every new file reflects that - saving us weeks of work. It's fast, consistent, and accessible from anywhere. After trying it, we wondered why we didn't make the switch sooner.' Didarul Khan, director at Auditeo, the next-gen auditors and forensic audit experts, added, 'We were actively looking for a cloud-based audit solution and, after reviewing several products, we selected Caseware for its functionality and integration. It has been a game-changer for us, particularly the risk assessment feature, which allows us to clearly identify key risks and design targeted responses. The software helps to customise the scope of each engagement in a smart and efficient way and, thanks to the integration with Cloud Financials, preparing statutory financial reports post-audit is now much faster and more streamlined.' Thanks to Caseware's Artificial Intelligence Digital Assistant, Caseware AiDA™, customers will benefit from AI-powered tools within their audit workflow. Caseware AiDA provides real-time guidance for complex audit challenges and summarises detailed documents in seconds, turning complex information into actionable insights that drive better decision-making. Operating natively within Caseware Cloud, Caseware AiDA delivers consistent, secure integration into audit workflows for enhanced productivity. Key Features of Cloud Audit include: Cloud Audit also supports remote work, improves productivity through automation and allows firms to modernize audit processes in line with global digital trends. Showcasing innovation at ISCA Tech Fair 2025 Caseware will participate in ISCA's Tech Fair 2025, scheduled for July 11 at ISCA House. The event serves as a major platform for accounting professionals to explore emerging technologies and their applications within the profession. Located in the SMP-focused zone on Level 4, Caseware will host live product demonstrations and discussions focused on audit innovation. Attendees can engage with the Caseware team to explore how its solutions are used to enhance audit efficiency, collaboration and compliance across practice sizes. -ends- Attachment Elise Sallis, VP, Head of Global Communications Caseware [email protected]
Associated Press
7 minutes ago
- Associated Press
Dow Announces INNATE™ TF 220 Precision Packaging Resin and Advances Collaborations to Redefine Packaging Circularity
SHANGHAI, June 30, 2025 /PRNewswire/ -- Dow (NYSE: DOW) announces significant milestones to mark breakthrough innovation with INNATE™ TF 220 Resin to help enable the design for recyclability and high-performance BOPE films for flexible packaging. From material design to end-of-life solutions, Dow is collaborating with stakeholders across the packaging chain to create impactful, scalable solutions to today's sustainability challenges - transforming vision into commercial reality. 'Asia Pacific is where material science meets circular ambition. Through breakthrough innovations like INNATE™ TF 220 resin—redefining the designed for recyclable packaging performance—and strategic partnerships across the value chain, we are accelerating the shift toward packaging circularity.' said Bambang Candra, commercial vice president, APAC, Dow Packaging & Specialty Plastics. 'This is sustainability in action, helping enable brands to balance performance benefits while scaling mono-material solutions and post-consumer recycled adoption. It's how Dow turns vision into measurable progress, advancing both our partners' goals and the circular economy.' Collaboration with Liby for Post-Consumer Recycled (PCR) Adoption with Scale In collaboration with leading laundry detergent brand Liby, Dow facilitated the integration of 10% REVOLOOP™ Post-Consumer Recycled (PCR) Resin into the packaging of its new generation 'Floral Era' detergent series, aiming to reduce carbon emissions while preserving pack durability. This project demonstrates how Dow's circularity approach can be adapted to practical, high-volume uses without compromising product performance or consumer experience. Zhang Liping, the general manager of Liby Research and Development Center, stated, 'As a leading laundry brand in China, Liby is committed to reconsidering plastic packaging and ensuring its circularity. Our strategic partnership with Dow has led to innovations such as China's first fully recyclable laundry packaging with Dow's INNATE™ TF-BOPE and the new generation 'Floral Era' detergent series using Dow's post-consumer recycled resins. This long-term collaboration enhances the sustainable value of our products and shows our commitment to environmental stewardship and innovation.' INNATE™ TF 220 Precision Packaging Resin from Dow, a Groundbreaking Innovation in Design for Recyclability With lower global curbside recycling rates for flexible packaging, the industry faces a need in balancing high-performance requirements with circular design. Featuring a distinct molecular architecture, INNATE™ TF 220 Resin achieves breakthrough processing efficiency. Key benefits include exceptional extrusion stability and biaxial stretching processability, significantly reducing manufacturing waste. It also enhances end-use performance with improved stiffness, heat resistance to meet stringent downstream requirements such as printing, lamination bag making, while helping enable attractive optical appearance and excellent abusing resistance for mono-material structures. The upgraded performance of TF-BOPE films has already shown its versatility in a variety of real-world circular packaging adoption across priority applications including Food & Beverage packaging, Home & Personal Care packaging, etc., empowering brands to maintain functionality and brand aesthetics while advancing sustainability. The resin's design-for-recyclability ethos has galvanized collaborations across the packaging value chain. Converters and brand owners are leveraging TF-BOPE films to address regional recycling regulations (e.g., China's 'Double Carbon' goals) while future-proofing their portfolios. Shaping the Future of Packaging Together From high-performance packaging with INNATE™ TF 220 resin to recyclable mono-material designs, Dow pioneers closed-loop solutions for the circular economy, meanwhile continuing to accelerate the industry's transition to a circular economy. Dow is committed to collaborating with key stakeholders across the value chain to promote innovative and sustainable packaging solutions. Through investments in circular materials, enhanced recycling technologies, and design for recyclability, Dow continues to drive the development of a materials ecosystem and transform the plastics industry by helping enable a greater design for recyclability, reuse, and resource efficiency. About Dow Dow (NYSE: DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 30 countries and employ approximately 36,000 people. Dow delivered sales of approximately $43 billion in 2024. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting For further information, visit X | Facebook | LinkedIn | Instagram View original content to download multimedia: SOURCE Dow Packaging and Specialty Plastics
Wall Street Journal
15 minutes ago
- Wall Street Journal
Yen Weakens Slightly Amid Trade-Deal Hopes
0058 GMT — The yen weakens slightly against most other G-10 and Asian currencies amid trade-deal hopes. President Trump said late last week that a deal had been signed with China. Commerce Secretary Lutnick and Treasury Secretary Bessent said that the U.S. was closing in numerous other trade deals. 'Any news of trade agreements being reached can buoy risk sentiment,' four members of CBA's Global Economic & Markets Research say in a note. Such news could 'decisively push AUD/JPY above strong resistance at 95.00,' they add. USD/JPY edges 0.1% higher to 144.61 and EUR/JPY is up 0.1% at 169.48, while AUD/JPY is steady at 94.48, FactSet data show. (
