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Global Times: Xi returns to Beijing after state visits to three SE.Asian countries

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BEIJING, April 20, 2025 /PRNewswire/ — Chinese President Xi Jinping returned to Beijing on Friday afternoon after wrapping up state visits to Vietnam, Malaysia and Cambodia, the Xinhua News Agency reported on Friday.

During Xi’s first state visits abroad in 2025, lasting from April 14 to 18, the Chinese leader was warmly welcomed by locals, overseas Chinese, and senior officials and leaders of the three neighboring countries.

Upon arrival, the Chinese president’s signed articles were respectively published in local newspapers in the three countries. Reporters also noted that media outlets of Vietnam, Malaysia and Cambodia spoke highly and with anticipation of Xi’s visits. 

Analysts believe that the leader’s visit has yielded fruitful results and holds profound significance, both for pragmatic cooperation in various bilateral fields and for regional stability and development.

They added that close interactions are the vivid practice of the philosophy of China’s neighborhood diplomacy featuring “amity, sincerity, mutual benefit, and inclusiveness” proposed by Xi in 2013, and the guiding principle has continuously advanced China’s relations with neighboring countries.

To date, China has reached consensus on building a community with a shared future with 17 neighboring countries and signed Belt and Road cooperation agreements with 25 of them. China is also the largest trading partner of 18 countries in the region, reflecting their deep and growing interdependence.

Comprehensive outcomes

During Xi’s visit to Vietnam, the two sides signed 45 bilateral cooperation documents, covering areas including connectivity, artificial intelligence, customs inspection and quarantine, agricultural trade, culture and sports, public welfare, human resource development, media, and more. President Xi and Vietnamese leader To Lam also witnessed the launching ceremony of the ChinaVietnam railway cooperation mechanism in Hanoi, Xinhua reported.

A joint statement released in the context of Xi’s state visit to Vietnam on Tuesday said China and Vietnam have agreed to build a more extensive and in-depth all-round cooperation pattern, and accelerate synergy between their development strategies, according to Xinhua.

In Malaysia, his second stop, Xi met with King Sultan Ibrahim and held talks with Prime Minister Anwar Ibrahim. During the talks with Anwar on Wednesday afternoon, Xi said he is ready to work with Anwar to boost the high-level and strategic development of the ChinaMalaysia community with a shared future, Xinhua reported.

Following the leaders’ talks, China and Malaysia exchanged more than 30 bilateral cooperation documents, covering cooperation in areas such as the three global initiatives, digital economy, trade in services, upgrading and development of “two countries, twin parks,” joint laboratories, artificial intelligence, railways, intellectual property rights, agricultural products exports to China, mutual visa exemption and panda conservation, according to Xinhua.

During the Thursday talk with Cambodian Prime Minister Hun Manet in the third leg of his three-nation Southeast Asia tour, the two leaders agreed to build an all-weather ChinaCambodia community with a shared future in the new era, and designated 2025 the China-Cambodia Year of Tourism.

The two countries exchanged more than 30 bilateral cooperation documents covering fields such as production and supply chain cooperation, artificial intelligence, development assistance, customs inspection and quarantine, as well as health and media.

Xu Liping, director of the Center for Southeast Asian Studies at the Chinese Academy of Social Sciences, told the Global Times that under the strategic guidance of head-of-state diplomacy, the latest visits have produced comprehensive and fruitful outcomes.

Xu highlighted the establishment of a ChinaVietnam railway cooperation mechanism, as well as the “2+2” dialogue mechanism on diplomacy and defense with Malaysia and “2+2” foreign and defense ministers dialogue mechanism with Cambodia that was announced during the visit. He was also impressed by the enhanced cooperation in emerging fields such as artificial intelligence and the digital economy.

These achievements, Xu said, mark a new high in political and security cooperation, as well as in building resilient industrial and supply chains in emerging sectors between China and the three Southeast Asian countries.

Li Haidong, a professor at China Foreign Affairs University, told the Global Times that the outcomes of Xi’s visits vividly and effectively embody the vision of a community with a shared future for mankind within the context of China’s neighborhood diplomacy.

The visits have not only tightened multifaceted ties between China and the three countries, but also created a strong spillover effect across the region, Li said. “Deepened cooperation between China and the three Southeast Asian nations is expected to benefit a broader range of neighboring and regional countries.”

Collectively responding to challenges

The state visits by the Chinese leader came against the backdrop of a global tariff war, with Southeast Asian countries, as key links in the global supply chain, suffering a potentially heavy impact from the “reciprocal tariff” policy. Observers noted that in a world of growing turbulence, China’s pursuit of building a new type of international relations based on win-win cooperation rather than “zero-sum” outcomes is increasingly significant, extending the impact of the Chinese leader’s state visits far beyond the scope of bilateral relations.

According to the ChinaVietnam joint statement released in the context of Xi’s state visit to Vietnam, the two countries emphasized the importance of maintaining peace and security in the Asia-Pacific region and agreed to practice open regionalism, it said.

During the meeting with Xi, Anwar said that ASEAN will not endorse any unilaterally imposed tariffs, and will promote collective advancement through cooperation to maintain economic growth.

In Cambodia, when meeting with Hun Manet, Xi said China and Cambodia, important forces in the Global South, should stick to the common values of peace, unity and cooperation, Xinhua reported.

Hun Manet said that China has played a leading role and provided valuable stability to the world. The Cambodian Prime Minister added that Cambodia is willing to strengthen coordination and cooperation with China to safeguard their common interests, per Xinhua.

Xu said, “President Xi’s visits sent a clear signal of strengthening regional cooperation, further solidifying consensus among countries and injecting new momentum into the region’s stability and development.”

Similarly, Li believes that China’s close coordination and cooperation with neighboring countries, along with its positive spillover effects across the region, will enhance confidence among regional and global partners in the future of development.

Liu Ying, a researcher at the Chongyang Institute for Financial Studies, Renmin University of China, said Xi’s state visits will not only promote deeper regional economic and trade development but will also help unite ASEAN and Asian countries to collectively respond to external challenges and play a vital role as a stabilizer and engine for the global economy.

Inheritance of Bandung Spirit

The day the Chinese leader concluded his visit to the three Southeast Asian countries also marked the 70th anniversary of the historic Asian-African Conference, also known as the Bandung Conference. The conference held in Bandung, Indonesia, on April 18 1955, marked the first time that the countries of the Global South united to oppose imperialism and colonialism in defense of their sovereign rights and a more equitable world. Representatives of 29 Asian and African countries proposed the Bandung Spirit with “solidarity, friendship and cooperation” at its core, initiating the Non-Aligned Movement and South-South cooperation, Xinhua reported.

“During his state visits, President Xi repeatedly stressed the importance of unity and cooperation among regional countries, and the need to oppose external interference,” Xu said, “the Bandung Spirit continues to resonate strongly in the current global context.”

Li emphasized that the visits once again demonstrated that China and other Global South countries form a community with a shared future, built on mutual support and solidarity, also with the common aspiration and interest in pursuing development together.

Xi’s visits highlighted the need for closer coordination among developing countries to better safeguard their sovereignty, security, development, and well-being, Li added.

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SOURCE Global Times

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ASUS Accelerates Enterprise AI at Scale with 6th-Gen AMD EPYC Server CPUs

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 ASUS leverages 6th-gen AMD EPYC Server CPUs to deliver scalable, efficient compute for enterprise AI, cloud, virtualization and business-critical workloads

SAN FRANCISCO, July 24, 2026 /PRNewswire/ — ASUS today announced its groundbreaking new server lineup powered by the AMD EPYC™ 9006 processors, engineered to deliver unmatched performance for the most demanding intensive enterprise workloads. This advanced portfolio introduces two highly optimized series with efficiency-optimized AMD EPYC SP8 server CPU, the flagship dual-socket ASUS RS700A/720A for extreme compute density and the single-socket ASUS RS500A/520A for superior space efficiency and deployment flexibility.

Both series integrate full PCIe® 6.0, leading memory support, and high-density E3.S storage, all underpinned by proprietary ASUS innovations for superior thermal management and operational efficiency to meet and exceed the rigorous demands of enterprise AI, virtualization, storage and cloud environments.

“The new ASUS server series, powered by 6th-gen AMD EPYC server CPUs, is engineered to power every enterprise workload with flexible, scalable infrastructure,” Paul Ju, Senior Vice President of ASUS, commented, “This launch marks a significant milestone for ASUS and our clients. The new series empowers businesses with a resilient foundation to achieve unprecedented computing efficiency and accelerating AI innovation with inference.”

ASUS expands 6th-gen AMD EPYC server portfolio with dual optimized series

ASUS has introduced a new server lineup segmented into two distinct series, each precisely engineered to meet diverse enterprise demands.

The flagship RS700A/720A series (dual-socket) delivers extreme compute density, making it ideal for AI inferencing, and complex simulations. It offers exceptional bandwidth with PCIe 6.0, memory leadership via 32 DIMM slots supporting ultrafast MRDIMM, and high-density storage with up to 32 E3.S bays in a compact 2U form factor.

Complementing this is the RS500A/520A series (single-socket), a highly efficient and space-optimized solution with depth under 800mm, perfect for mainstream enterprise workloads and rack-constrained environments. Featuring full PCIe 6.0 capabilities, E3.S storage support, and modular scalability through shared components with the RS700A and RS720A series, it provides uncompromised performance in a streamlined, deployment-friendly design.

ASUS elevates the AMD EPYC platform with cutting-edge proprietary innovations

ASUS has significantly advanced the AMD EPYC 9006 platform with a series of proprietary engineering breakthroughs focused on superior reliability, thermal management, and operational efficiency.

The DC-MHS modular architecture features a zone-partitioned chassis that separates I/O, HPM, fan, and storage modules to accelerate development, reduce capital costs, and enable rapid serviceability. The patented ASUS DIMM.2 Innovation repositions M.2 storage to the cooler DIMM region, eliminating thermal throttling without extra heatsinks and unlocking greater scalability. Thermal Radar 3.0 with PID Control delivers precise real-time fan regulation via advanced algorithms, reducing energy use and maintaining peak performance under heavy enterprise-level workload.

Completing the suite is the optimized tool-less operational-velocity design, which boosts maintenance efficiency, maximizing uptime and lowering TCO and sustaining peak performance even under volatile, high-load AI/HPC workloads.

AVAILABILITY & PRICING

ASUS RS700A/720A series and RS500A/520A series servers will be available soon. Please contact your local ASUS representative for further information.

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Fractal posts 20% revenue growth and 92% net income growth in Q1 FY27

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Adjusted EBITDA Grows at 35% YoYGross Margin up 29 bps1 to 46%; Adjusted EBITDA Margin up 189 bps to 17%

NEW YORK, July 24, 2026 /PRNewswire/ — Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) announced its consolidated financial results for Q1 FY27, ending June 30, 2026.

In Q1 FY27, the Company reported consolidated operating revenue of INR 9,125 m, a growth of 20% year on year (YoY). Revenue growth was led by the company’s Healthcare and Life Sciences (HLS) industry, which clocked 69% growth YoY. Strong sustained growth in HLS over the last several quarters has resulted in it becoming the second largest industry in the portfolio. Banking, Financial Services and Insurance (BFSI) also performed very well, growing 36% YoY in Q1. Fractal’s largest industry, Consumer Packaged Goods and Retail (CPGR), continued to gather momentum, growing 19% YoY. On the other hand, TMT declined 22% YoY.

Fractal’s focus on deepening customer relationships continues to yield good outcomes. Its clients collectively increased their spending with the company, as reflected in the Net Revenue Retention2 of 117% in Q1. Further, its Net Promoter Score (NPS) during the period stood at 77.

The company reported improved profit margins at all levels. Gross Margin in Q1 was at 46%, while Adjusted EBITDA Margin expanded by 189 bps YoY to 17%. Net Income grew 92% YoY to INR 723 m.

Commenting on the performance, Srikanth Velamakanni, Group CEO and Executive Vice-Chairman, said:

“Enterprises are putting real transformation budgets behind AI now and we’re seeing it directly in the size of the deals coming to us. TMT was the drag on our headline growth this quarter. Excluding TMT, our business grew 35% year on year, which is a better read on the underlying demand we’re seeing.

As data sovereignty becomes a bigger priority for governments and enterprises, and as open-weight models keep improving, clients need a partner who can work across models and infrastructure. We have invested heavily in our people, our research, and our own intellectual property to be that partner.”

1 Basis points = 1/100th of 1%
2 Net Revenue Retention in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period’s revenue from the clients who existed at the start of the period, with their revenue in the previous period – including the effects of upsells, cross-sells and contractions

About Fractal 

Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) is a globally recognized pure-play enterprise AI company trusted by Fortune 500®-sized enterprises to power decision-making through AI services, solutions, and products, anchored by Cogentiq, its flagship agentic AI platform. With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal partners with business leaders to drive competitive differentiation for their organizations by embedding AI into critical decisions across business functions and industry verticals.

Fractal invests more than 6% of its revenue in AI R&D, supporting foundational AI research, product development, and IP creation that address both immediate client needs and long-term technological advancement. Fractal’s track record includes developing proprietary models and products such as Cogentiq Health – Vaidya.ai and Cogentiq Data Science – PiEvolve, as well as incubating and spinning out Qure.ai, a global healthcare AI leader focused on the rapid identification and management of tuberculosis, lung cancer, and stroke (or critical health conditions). Fractal’s suite of businesses consists of Asper.ai (a Revenue Growth Management product for CPG companies) and Analytics Vidhya (an Ed-tech platform).

For more information, go to www.fractal.ai.

Logo: https://mma.prnewswire.com/media/2931510/5858548/Fractal_Logo.jpg

 

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SOURCE Fractal Analytics Limited

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Xryma Plc : Pre-Listing Liquidity Facility and Price Discovery Process

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NICOSIA, Cyprus, July 24, 2026 /PRNewswire/ — Xryma Plc (“Xryma”)  announces its intention to reapply within the next twelve months for admission to list on Euronext Paris (“Euronext”), with such admission being subject to Euronext’s approval. Before submitting its application, Xryma intends to launch a pre-listing liquidity facility and price discovery process, comprising a private placement to institutional and qualified investors alongside a secondary market offer to Xryma existing shareholders (“shareholders”) wishing to exit prior to listing.  

The admission referred to above that is subject to the approval of Euronext may also be subject to approval by relevant regulatory authorities, and no assurance can be given that approval will be granted or as to the timing of any admission.

The pre-listing liquidity facility and price discovery process is designed to:

Enable shareholders seeking an exit to participate without the need to open an EU brokerage account,Provide a clear and orderly opportunity for existing shareholders to sell all or part of their holdings ahead of any potential admission to trading on Euronext Paris,Enable shareholders to sell all or part of their holdings at the same price at which qualified and institutional investors subscribe for shares in the Company,Establish, through a bookbuild with qualified and institutional investors, a market-validated referenced price for Xryma shares ahead of any potential admission on Euronext Paris (the “Primary Market Placement Price”),Support orderly trading upon potential admission.

Individual shareholder mailouts explaining the details of the pre-listing liquidity facility scheme with instructions and necessary documentation will be conducted during August 2026.

As the Primary Market Placement Price is to be determined by the subsequent bookbuild, shareholders will be given the opportunity to set a floor price which will result in the sale of their shares if the Primary Market Placement Price is higher.  Shareholders will receive the Primary Market Placement Price minus applicable fees.

Shareholders and Investors may be scaled back to match corresponding demand from the other party, with partial fulfilment a possibility if the Company cannot match supply to demand.

Completion of the process is subject to achieving a level of institutional and qualified investor demand that the Board considers appropriate to support an orderly market should Xryma subsequently be admitted to trading on Euronext Paris.

Participation is entirely voluntary. Shareholders who do not wish to sell will simply retain their shares. Shareholders that do not intend to participate should continue to onboard with a Euronext participating broker, or a Euroclear ESES custodian, per previous communications.

The major shareholders, SCP Select All Enterprise (Monaco) and SCP Red 5 Solutions (Monaco) will not participate in the offer and will be subject to lock up arrangements.

Mr Nikogiannis (John) Karantzis, CEO of Xryma Plc comments: “Our shareholders have told us they would value a straightforward way to realise their holdings without the time and cost of opening an EU brokerage account. This process is our response to that feedback. We are structuring the placement to be large enough to establish a credible reference price whilst limiting dilution, with demand directed first towards meeting shareholder sell interest. We look forward to updating the market on the revised timetable in due course.”

Shareholders seeking a more detailed explanation of the pre-listing liquidity facility and price discovery process, should refer to the guide available at https://www.xryma.com/investors

Important Information & Disclaimers

This press release may contain inside information within the meaning of Article 7(1) of Regulation (EU) 596/2014 (Market Abuse Regulation).

This publication is not for publication or distribution or release, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, South Africa, Japan or any other jurisdiction where such an announcement would be unlawful. The distribution of this publication may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. No action has been taken that would permit an offering of the treasury shares or possession or distribution of this publication in any jurisdiction where action for that purpose is required.

This publication does not constitute or form part of an offer for sale or solicitation of an offer to purchase or subscribe for securities in the United States, Canada, Australia, South Africa, Japan or any other jurisdiction and the securities referred to herein have not been registered under the securities laws of any such jurisdiction. Any New Shares (if such are issued) will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any State or any other jurisdiction of the United States, and may not be offered or sold, directly or indirectly, in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of, the Securities Act and in compliance with all applicable securities laws of any State or any other jurisdiction of the United States. No public offering of securities is being made in the United States or in any other jurisdiction.

The information set forth herein must not be distributed in any jurisdiction where such distribution is unlawful, and any recipients are requested to inform themselves about and to observe such restrictions.

The Offering referred to herein by Xryma Plc will only be made in accordance with all applicable corporate and securities laws. Any shares referred to herein will exclusively be offered or sold in reliance on any applicable exemptions from prospectus or registration requirements in any jurisdiction. In member states of the European Economic Area, this publication is only addressed to and directed at persons who are ‘qualified investors’ within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended and including any relevant delegated regulations, the “Prospectus Regulation”) or in any other circumstances falling within exemptions available in the relevant member state under Article 1(4) and/or 1(5) of the Prospectus Regulation. In the United Kingdom, this publication is only addressed to and directed at qualified investors within the meaning of the Prospectus Regulation, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (“EUWA”), who are persons (i) who have professional experience in matters relating to investments falling within Article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (ii) falling within article 49(2)(a) to (d) (high net worth companies, incorporated associations, etc.) of the Order, or (iii) to whom it may otherwise be lawfully communicated; any other persons in the United Kingdom should not take any action on the basis of this publication and should not act on or rely on it.

This publication does not constitute a recommendation concerning the prospective Offering. This announcement does not constitute an Offer or invitation to subscribe.

This announcement includes statements that are, or may be deemed to be, ‘forward looking statements’. These forward-looking statements can be identified by the use of forward looking terminology, including the terms ‘believes’, ‘estimates’, ‘anticipates’, ‘expects’, ‘intends’, ‘may’, ‘will’, or ‘should’ or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. By their nature, forward looking statements involve risk and uncertainty because they relate to future events and circumstances which may or may not occur. Many of these factors are beyond the control of the Company. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results and circumstances may vary materially from those described in this announcement as anticipated, believed, estimated or expected.

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