April 15, 2025. JAKARTA, Indonesia More than 80% of People Spend Their THR on Zakat and Food, So It's Important to Manage Your Money Wisely. The 'SHE CAN' programme aims at enhancing financial inclusion for vulnerable women in West Kalimantan. The Asia Foundation (TAF) and DBS Foundation inaugurated the SHE CAN - “Accelerating Financial Inclusion for Vulnerable Women in West Kalimantan Province” programme. The programme seeks to empower 80,000 vulnerable women over the period 2024-2027 through a series of integrated training, mentoring, and financial literacy courses. The launching ceremony of the SHE CAN programme was attended by TAF Country Representative Hana Satriyo , Head of Group Strategic Marketing & Communications at PT Bank DBS Indonesia Mona Monika , and Deputy for Gender Equality, Ministry of Women Empowerment and Child Protection Dr. Amurwani, S.Sos, Mhum . The SHE CAN programme was officially opened by Assistant II for Economic Affairs and Development of West Kalimantan Province Drs. Ignasius IK, SH., M.Si , representing the governor of West Kalimantan. The SHE CAN programme was a response to the challenges faced by West Kalimantan due to the high value of the gender inequality index (0.52%), which is inconsistent with the quite high score in the financial inclusion index (84.16%). This shows that women have limited access to economic and political resources. The widening gender inequality in the last two years, accompanied by a decline in the Gender Empowerment Index score and an increase in violence against women—particularly within the domestic sphere — indicates the need for intervention that is focused on promoting women's independence and protection. Hana Satriyo , Country Representative of The Asia Foundation Indonesia, said “The SHE CAN programme is in line with The Asia Foundation's mission to enhance economic empowerment and promote women's leadership. With the support of DBS Foundation, we are investing in women's skills development and aspirations to bring about positive change and transformation of local communities.” Mona Monika , Head of Group Strategic Marketing & Communications at PT Bank DBS Indonesia, said, “This programme is part of a broader support from DBS Foundation, which will allocate SGD9 million or more than Rp100 billion for the next three years to improve the quality of life and welfare of vulnerable communities in Indonesia, including women. We believe that empowering women is the key to creating sustainable change. As a purpose-driven bank, we are committed to accelerating financial inclusion by expanding women's access to education, training and economic opportunities. This initiative is in line with Bank DBS Indonesia's vision to create impact beyond banking by supporting the development of more inclusive, empowered and resilient communities.” In general, the complexity of the financial inclusion problem in Indonesia is due to the paradox of high access to financial services (inclusion index score of 85.1%) that is not matched by adequate literacy (literacy index score of 49.68%) (SNLIK OJK, 2022). This phenomenon is evident in the high number of people who are lured to invest in fraudulent schemes and who fall victims to illegal online lending services and gambling. In West Kalimantan, the financial inclusion achievement rate is slightly lower (84.16%) than the national rate, although the financial literacy index score is higher (51.95%). A study by the SHE CAN Programme revealed that the inclusion rate among vulnerable and low-income women in West Kalimantan is still much lower than the OJK SNLIK figures, with only 67% of women having bank accounts, 38% accessing loans (CU/Pawnshop/bank), and 24% using e-wallets for digital transactions. This means there is still a gap between the financial inclusion achievement in general and the reality at the grassroots level, especially among vulnerable women. The SHE CAN programme is an important initiative to accelerate gender equality for vulnerable women and promote sustainable development and more inclusive economic growth in West Kalimantan. Many studies show that when women have purchasing power and control over spending, they are more likely to spend it on children's education and family health, with a direct impact on the long-term quality of human resources. Dr. Amurwani, S.Sos, Mhum , Deputy Minister for Gender Equality, Ministry of Women's Empowerment and Child Protection, said, “We hope that with this financial inclusion acceleration programme, women, especially those from marginalised groups, can continue to develop their potential so that they can increase competitiveness, improve welfare, and have equal access and opportunities to enjoy the results of development.” In his speech, Assistant II for Economic Affairs and Development, West Kalimantan Province Drs. Ignasius IK, SH, M.Si representing the governor of West Kalimantan, said, “This programme also supports the vision of the West Kalimantan Provincial Government for 2025-2030, which places gender equality and women's empowerment as regional development priorities. Together with TAF, DBS Foundation and all parties, the West Kalimantan Provincial Government is optimistic that accelerating and expanding access to finance through collaboration with the SHE CAN programme can be implemented well and have a positive impact on the community, particularly women in West Kalimantan.” Summary of the SHE CAN programme study   In January-March 2025, TAF conducted a qualitative study in seven districts/cities on the latest developments in women's financial inclusion and how the programme could be implemented in West Kalimantan. The study findings show that: Women from vulnerable groups face structural and cultural barriers in accessing financial services, mainly due to a number of factors, including a lack of financial literacy, the absence of legal identity, and social norms that cast men as the main decision-makers in the family. Most women from vulnerable groups can only run informal businesses as they have difficulties meeting the requirements of formal financial institutions. This ultimately limits their economic opportunities and reinforces dependency within households and communities. The saving habit among women in West Kalimantan is very strong, even though none of them keep records of their household finances. There was a strong desire among the women interviewed to become more financially independent, particularly as a way to break out of the cycle of household economic dependency. The study findings serve as a building block for designing a relevant financial literacy and financial inclusion training programme for 80,000 vulnerable women. By collaborating with local partners, namely PPSW Borneo, CU Keling Kumang, and Krealogi, SHE CAN will recruit 400 community facilitators using the Training of Facilitators (ToF) approach, and conduct hundreds of training and mentoring sessions in the community to reach 80,000 women. The curriculum of the SHE CAN programme funded by DBS Foundation for the period 2025-2027 will be interactive, contextual, and applicable , incorporating face-to-face and online methods, games and practice sheets, participatory approaches, and ongoing mentoring. To generate long-term impact, the programme will also establish the West Kalimantan Financial Literacy Facilitator Network to manage knowledge assets and oversee programme sustainability. For more information about this programme, please visit the DBS Foundation and The Asia Foundation websites. [END] About The Asia Foundation The Asia Foundation is a non-profit international development organisation committed to improving lives and expanding opportunities in Asia and the Pacific. Drawing on 70 years of experience and deep local knowledge, our work focuses on governance, climate action, gender equality, education and leadership, inclusive growth, and international cooperation. We work in more than 20 countries through 17 offices and programmes across Asia and the Pacific, supported by headquarters in San Francisco and an office in Washington, D.C. Our funding comes from a diverse range of bilateral and multilateral development agencies, foundations, corporations, and individuals. For more information, please contact: The Asia Foundation: shecan@asiafoundation.org About DBS DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 16 consecutive years from 2009 to 2024. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices and 4 Functional Offices and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services that focus on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees, and the community towards a sustainable future. PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS). DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com . About DBS Foundation Established in 2014, DBS Foundation is committed to uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact. It aims to bring hope to those with less today, so no one is left behind and we can all face the future with confidence.In 2024, DBS committed up to SGD 1 billion dollars over the next decade to support vulnerable communities. It also pledged to contribute 1.5 million employee volunteer hours over the same period.Together with an ecosystem of like-minded partners, DBS Foundation seeks to create impact that goes beyond banking, beyond borders, and beyond generations.For more information, please visit: www.dbs.com/dbsfoundation . Source Link: https://editor.wix.com/html/editor/web/renderer/edit/73277921-95a4-431b-924e-2361893209e6?metaSiteId=214f5fcc-b98f-4f8b-b03f-59d8844a30d0

March 31, 2025. MUMBAI, India The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarter and year ended March 31, 2025, at its meeting held in Mumbai on Saturday, April 19, 2025. The accounts have been subjected to an audit by the statutory auditors of the Bank. CONSOLIDATED FINANCIAL RESULTS: The Bank’s consolidated net revenue was ₹ 732.8 billion for the quarter ended March 31, 2025. The consolidated profit after tax for the quarter ended March 31, 2025 was ₹ 188.3 billion. The consolidated PAT adjusted for trading and mark to market gains, prior year one-off provisions and prior year tax credits, grew by approximately 10%. The consolidated PAT for the year ended March 31, 2025 was ₹ 707.9 billion. Earnings per share for the quarter ended March 31, 2025 was ₹ 24.6 and ₹ 92.8 for the year ended March 31, 2025. Book value per share as of March 31, 2025 was ₹ 681.9. STANDALONE FINANCIAL RESULTS: Profit & Loss Account: Quarter ended March 31, 2025 The Bank’s net revenue was ₹ 440.9 billion for the quarter ended March 31, 2025 as against ₹ 472.4 billion (which included transaction gains of ₹ 73.4 billion from stake sale in subsidiary HDFC Credila Financial Services Ltd) for the quarter ended March 31, 2024. Net interest income (interest earned less interest expended) for the quarter ended March 31, 2025 grew by 10.3% to ₹ 320.7 billion from ₹ 290.8 billion for the quarter ended March 31, 2024. Net interest margin was at 3.54% on total assets, and 3.73% based on interest earning assets. Excluding ₹ 7 bn of interest on income tax refund, core net interest margin was at 3.46% on total assets, and 3.65% based on interest earning assets. Other income (non-interest revenue) for the quarter ended March 31, 2025 was ₹ 120.3 billion. The four components of other income for the quarter ended March 31, 2025 were fees & commissions of ₹ 85.3 billion (₹ 79.9 billion in the corresponding quarter of the NEWS RELEASE HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013. CIN: L65920MH1994PLC080618 previous year), foreign exchange & derivatives revenue of ₹ 14.4 billion (₹ 11.4 billion in the corresponding quarter of the previous year), net trading and mark to market gain of ₹ 3.9 billion (gain of ₹ 75.9 billion including transaction gains of ₹ 73.4 billion in the corresponding quarter of the previous year) and miscellaneous income, including recoveries and dividend of ₹ 16.7 billion (₹ 14.4 billion in the corresponding quarter of the previous year) Operating expenses for the quarter ended March 31, 2025 were ₹ 175.6 billion as against ₹ 179.7 billion (which included staff ex-gratia provision of ₹ 15.0 billion) during the corresponding quarter of the previous year. The cost-to-income ratio for the quarter was at 39.8%. Provisions and contingencies for the quarter ended March 31, 2025 were ₹ 31.9 billion as against ₹ 135.1 billion (which included floating provisions of ₹ 109.0 billion) for the quarter ended March 31, 2024. Profit before tax (PBT) for the quarter ended March 31, 2025 was at ₹ 233.4 billion. Profit after tax (PAT) for the quarter was at ₹ 176.2 billion. PAT, adjusted for trading and mark to market gains, prior year one-off provisions and prior year tax credits, grew by approximately 10% over the quarter ended March 31, 2024. Balance Sheet: As of March 31, 2025 Total balance sheet size as of March 31, 2025 was ₹ 39,102 billion as against ₹ 36,176 billion as of March 31, 2024. The Bank’s average deposits were ₹ 25,280 billion for the March 2025 quarter, a growth of 15.8% over ₹ 21,836 billion for the March 2024 quarter, and 3.1% over ₹ 24,528 billion for the December 2024 quarter. The Bank’s average CASA deposits were ₹ 8,289 billion for the March 2025 quarter, a growth of 5.7% over ₹ 7,844 billion for the March 2024 quarter, and 1.4% over ₹ 8,176 billion for the December 2024 quarter. Total EOP Deposits were at ₹ 27,147 billion as of March 31, 2025, an increase of 14.1% over March 31, 2024. CASA deposits grew by 3.9% with savings account deposits at ₹ 6,305 billion and current account deposits at ₹ 3,141 billion. Time deposits were at ₹ 17,702 billion, an increase of 20.3% over the corresponding quarter of the previous year, resulting in CASA deposits comprising 34.8% of total deposits as of March 31, 2025. Grossing up for transfers through inter-bank participation certificates, bills rediscounted and securitisation / assignment, average advances under management were ₹ 26,955 billion for the March 2025 quarter, a growth of 7.3% over ₹ 25,125 billion for the March 2024 quarter, and a growth of 2.6% over ₹ 26,276 billion for the December 2024 quarter. Gross advances were at ₹ 26,435 billion as of March 31, 2025, an increase of 5.4% over March 31, 2024. Advances under management grew by 7.7% over March 31, 2024. Year ended March 31, 2025 For the year ended March 31, 2025, the Bank earned a total income of ₹ 3,461.5 billion as against ₹ 3,075.8 billion in the corresponding period of the previous year. Net revenues (net interest income plus other income) for the year ended March 31, 2025 were ₹ 1,683.0 billion, as against ₹ 1,577.7 billion for the year ended March 31, 2024. Profit after tax for the year ended March 31, 2025 was ₹ 673.5 billion, up by 10.7% over the corresponding year ended March 31, 2024. Capital Adequacy: The Bank’s total Capital Adequacy Ratio (CAR) as per Basel III guidelines was at 19.6% as on March 31, 2025 (18.8% as on March 31, 2024) as against a regulatory requirement of 11.7%. Tier 1 CAR was at 17.7% and Common Equity Tier 1 Capital ratio was at 17.2% as of March 31, 2025. Risk-weighted Assets were at ₹ 26,600 billion. DIVIDEND The Board of Directors recommended a dividend of ₹ 22.0 per equity share of ₹ 1 for the year ended March 31, 2025. This would be subject to approval by the shareholders at the next annual general meeting. NETWORK As of March 31, 2025, the Bank’s distribution network was at 9,455 branches and 21,139 ATMs across 4,150 cities / towns as against 8,738 branches and 20,938 ATMs across 4,065 cities / towns as of March 31, 2024. 51% of our branches are in semi-urban and rural areas. In addition, we have 15,399 business correspondents, which are primarily manned by Common Service Centres (CSC). The number of employees were at 2,14,521 as of March 31, 2025 (as against 2,13,527 as of March 31, 2024). ASSET QUALITY Gross non-performing assets were at 1.33% of gross advances as on March 31, 2025 (1.13% excluding NPAs in the agricultural segment), as against 1.42% as on December 31, 2024 (1.19% excluding NPAs in the agricultural segment), and 1.24% as on March 31, 2024 (1.12% excluding NPAs in the agricultural segment). Net non-performing assets were at 0.43% of net advances as on March 31, 2025. SUBSIDIARIES Amongst the Bank’s key subsidiaries, HDFC Life Insurance Company Ltd and HDFC ERGO General Insurance Company Ltd prepare their financial results in accordance with Indian GAAP and other subsidiaries do so in accordance with the notified Indian Accounting Standards ('Ind-AS'). The financial numbers of the subsidiaries mentioned herein below are in accordance with the accounting standards used in their standalone reporting under the applicable GAAP. HDB Financial Services Ltd (HDBFSL), is a non-deposit taking NBFC in which the Bank holds a 94.3% stake. For the quarter ended March 31, 2025, HDBFSL’s net revenue was at ₹ 26.2 billion. Profit after tax for the quarter ended March 31, 2025 was ₹ 5.3 billion compared to ₹ 6.6 billion for the quarter ended March 31, 2024. Profit after tax for the year ended March 31, 2025 was ₹ 21.8 billion. The total loan book was ₹ 1,069 billion as on March 31, 2025. Stage 3 loans were at 2.26% of gross loans. Total CAR was at 19.2% with Tier-I CAR at 14.7%. HDFC Life Insurance Company Ltd (HDFC Life), in which the Bank holds a 50.3% stake, is a leading life insurance solutions provider. Profit after tax for the quarter ended March 31, 2025 was ₹ 4.8 billion compared to ₹ 4.1 billion for the quarter ended March 31, 2024, a growth of 15.8%. Profit after tax for the year ended March 31, 2025 was ₹ 18.0 billion. HDFC ERGO General Insurance Company Ltd (HDFC ERGO), in which the Bank holds a 50.3% stake, offers a range of general insurance products. Profit after tax for the quarter ended March 31, 2025 was ₹ 0.7 billion, as against loss after tax of ₹ 1.3 billion for the quarter ended March 31, 2024. Profit after tax for the year ended March 31, 2025 was ₹ 5.0 billion. HDFC Asset Management Company Ltd (HDFC AMC), in which the Bank holds a 52.5% stake, is the Investment Manager to HDFC Mutual Fund, and offers a comprehensive suite of savings and investment products. For the quarter ended March 31, 2025, HDFC AMC’s Quarterly Average Assets Under Management were approximately ₹ 7,740 billion. Profit after tax for the quarter ended March 31, 2025 was ₹ 6.4 billion compared to ₹ 5.4 billion for the quarter ended March 31, 2024, a growth of 18.0%. Profit after tax for the year ended March 31, 2025 was ₹ 24.6 billion. HDFC Securities Ltd (HSL), in which the Bank holds a 94.5% stake, is amongst the leading broking firms. For the quarter ended March 31, 2025, HSL’s total revenue was ₹ 7.4 billion. Profit after tax for the quarter ended March 31, 2025 was ₹ 2.5 billion, as against ₹ 3.2 billion for the quarter ended March 31, 2024. Profit after tax for the year ended March 31, 2025 was ₹ 11.3 billion. Note: The figures for the period ended March 31, 2025 include the operations of erstwhile HDFC Ltd. which amalgamated with and into HDFC Bank on July 01, 2023 and hence the comparisons with the previous periods have to be looked at in light of the same. ₹ = Indian Rupees 1 crore = 10 million All figures and ratios are in accordance with Indian GAAP unless otherwise specified. BSE: 500180 NSE: HDFCBANK NYSE: HDB Certain statements are included in this release which contain words or phrases such as “will,” “aim,” “will likely result,” “believe,” “expect,” “will continue,” “anticipate,” “estimate,” “intend,” “plan,” “contemplate,” “seek to,” “future,” “objective,” “goal,” “project,” “should,” “will pursue” and similar expressions or variations of these expressions, that are “forward-looking statements.” Actual results may differ materially from those suggested by the forward-looking statements due to certain risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to implement our strategy successfully, the market acceptance of and demand for various banking services, future levels of our non-performing loans, our growth and expansion, the adequacy of our allowance for credit and investment losses, technological changes, volatility in investment income, our ability to market new products, cash flow projections, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to pay dividends, the impact of changes in banking regulations and other regulatory changes on us in India and other jurisdictions, our ability to roll over our short-term funding sources and our exposure to market and operational risks. By their nature, certain of the market risk disclosures are only estimates and could be materially different from what may actually occur in the future. As a result, actual future gains, losses or impact on net income could materially differ from those that have been estimated. In addition, other factors that could cause actual results to differ materially from those estimated by the forward-looking statements contained in this document include, but are not limited to: general economic and political conditions, instability or uncertainty in India and the other countries which have an impact on our business activities or investments caused by any factor, including terrorist attacks in India, the United States or elsewhere, anti-terrorist or other attacks by the United States, a United States-led coalition or any other country, tensions between India and Pakistan related to the Kashmir region or between India and China, military armament or social unrest in any part of India; the monetary and interest rate policies of the government of India, natural calamities, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices; the performance of the financial markets in India and globally, changes in Indian and foreign laws and regulations, including tax, accounting and banking regulations, changes in competition and the pricing environment in India, and regional or general changes in asset valuations. For more information please log on to: www.hdfcbank.com For media queries please contact: Madhu Chhibber Head - Corporate Communications HDFC Bank Ltd., Mumbai. Mobile: +91 9833775515 madhu.chhibber@hdfcbank.com For investor queries please contact: Investor Relations HDFC Bank Ltd., Mumbai. Tel: 91 - 22 - 6652 1054 (D) / 6652 1000 (B) investor.relations@hdfcbank.com Source Link: https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=/Footer/About%20Us/About%20Investor%20Relations/pdf/2024/march/Press-Release-March-2025.pdf

May 14, 2025 BANGKOK, Thailand These DRs, issued by Bualuang Securities pcl, will commence trading on May 15, 2025. The Stock Exchange of Thailand (SET) announces the listings of 12 new depositary receipts (DRs) representing seven U.S. tech giants and China's five powerhouses. These DRs, issued by Bualuang Securities pcl, will commence trading on May 15, 2025. The seven DRs representing giant U.S. tech companies which are listed on the Nasdaq Exchange and also called the Magnificent 7 are "AAPL01" on Apple Inc., "AMZN01" on Amazon.com Inc., "GOOGL01" on Alphabet Inc., "META01" on Meta Platforms Inc., "MSFT01" on Microsoft Corporation, "NVDA01" on NVIDIA Corporation, and "TSLA01" on Tesla Inc. The five DRs representing Chinese companies which are members of the Terrific 10 and listed on the Hong Kong Stock Exchange are "BABA01" on Alibaba Group Holding Limited, "BIDU01" on Baidu Inc., "BYDCOM01" on BYD Company Limited, "PINGAN01" on Ping An Insurance (Group) Company of China Limited, and "XIAOMI01" on Xiaomi Corporation. DR is an investment instrument that provides investors with the benefits of underlying foreign securities, tradable in Thai baht via existing securities accounts. DRs representing securities listed on the exchanges in the Americas and Europe can be traded during both the day session (10.00-16.30 hrs.) and the night session (19.00-03.00 hrs. of the following day). DRs based on Asian securities are tradable during Thailand's standard day session. For more information on the 12 DRs, please visit www.sec.or.th or the issuer's website: Bualuang Securities pcl at www.bualuang.co.th/dr . For additional information on DRs, please visit www.set.or.th/dr . "SET...Make it 'Work' for Every Future" Follow us on Twitter @SET_Thailand_EN Source Link: https://www.set.or.th/en/market/news-and-alert/newsdetails?id=96770000&symbol=SET&t=SET%20News%20%3A12%20DRs%20on%20Magnificent%207%20and%20Terrific%2010%20stocks%20issued%20by%20BLS%20to%20start%20trading%20on%20May%2015

October 13, 2024. VIENTIANE, Lao PDR We, the Member States of the Association of Southeast Asian Nations (ASEAN), gathered in Vientiane, Lao People’s Democratic Republic (Lao PDR), on 9 October 2024, for the 44th and 45th ASEAN Summits under the Chairmanship of the Lao PDR. The Summits were chaired by H.E. Mr. Sonexay Siphandone, Prime Minister of the Lao PDR, and convened in accordance with the ASEAN Charter. We reaffirmed our support for Lao PDR’s ASEAN Chairmanship under the theme ASEAN: Enhancing Connectivity and Resilience, which focuses on enhancing connectivity through integrating economies, forging an inclusive and sustainable future, and transforming for the digital era, and strengthening resilience by supporting the development of the ASEAN Community Vision 2045 and its Strategic Plans, strengthening ASEAN Centrality, promoting environmental cooperation, addressing issues related to women and children, and bolstering health systems. We emphasised the importance of these efforts in building a more connected and resilient ASEAN Community that is prepared to seize future opportunities and to overcome challenges. We underscored the significance of maintaining and promoting cooperation and collaboration within ASEAN and with external partners to achieve these objectives Download the full statement here. Source Link: https://asean.org/chairmans-statement-of-the-44th-and-45th-asean-summits/

NEW YORK, US. November 21, 2024. Artificial intelligence – one of the five mega forces that we track – can automate laborious tasks, analyze huge sets of data and help generate fresh ideas. Digital disruption goes beyond AI. Explore this interactive page and learn more about our roadmap to help assess the investment implications of artificial intelligence. AI’s big questions AI offers great promise and has spurred heavy investment. But how could the economy change? Over what timeframe? And who will reap the rewards? In our latest report, we look at these questions and more – and explore what it all means for investors. We anchor our framework to track the AI evolution around three key phases: Phase 1 - Buildout: The first phase is the race to build the infrastructure AI needs. Phase 2 - Adoption: As infrastructure grows and AI applications mature, adoption is likely to accelerate – packaged into different apps and software. Phase 3 – Transformation: This phase is where companies could unlock the full value of AI adoption, as broad productivity gains and new business models and industries emerge. Read Full on: https://www.blackrock.com/corporate/insights/blackrock-investment-institute/publications/mega-forces/artificial-intelligence

New York February 14, 2025 JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the following series of the Firm’s outstanding preferred stock, each of which is represented by depositary shares: The dividend payment date is Tuesday, April 1, 2025, to stockholders of record at the close of business on Monday, March 3, 2025. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.0 trillion in assets and $345 billion in stockholders’ equity as of December 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com . Investor contact:  Mikael Grubb212-270-2479 Media contact: Joseph Evangelisti212-270-7438 Source Link: https://www.jpmorganchase.com/ir/news/2025/jpmc-declares-preferred-stock-dividends-2-14

June 01, 2023. HANGZHOU, China The alliance will focus on organizing and developing the extended value chain, strengthening key links, and filling gaps within the industrial ecosystems of the Internet of Things, biomedicine, high-end equipment, new materials, and green energy. The Hangzhou Future Sci-Tech City Innovation Alliance, a collaborative effort comprising major research institutes, technology transfer platforms, concept validation centers, incubators, industrial capital, and enterprises in the Yuhang district of Hangzhou, was officially launched on May 30. The alliance will focus on organizing and developing the extended value chain, strengthening key links, and filling gaps within the industrial ecosystems of the Internet of Things, biomedicine, high-end equipment, new materials, and green energy. The Hangzhou Future Sci-Tech City Innovation Alliance is launched on May 30. [Photo/Hangzhou Daily] The core objective of the alliance is to promote the on-site transformation of scientific and technological achievements, with the involvement of leading scientific scholars, innovative talent, technological entrepreneurs, and professional technicians. It aims to construct a hub and aggregation platform for the transformation of scientific and technological achievements and industrial innovation services. After more than a decade of development, Hangzhou Future Sci-Tech City has amassed numerous innovative elements. Its total population has exceeded 400,000, with four provincial laboratories and 1,140 national high-tech enterprises. There are over 60 scientific and technological innovation parks and incubators in the area, creating a thriving environment for innovation. The launch of the Hangzhou Future Sci-Tech City Innovation Alliance helps position Hangzhou as a leading hub for technological advancement and industrial innovation, contributing to the city's overall growth and competitiveness in the global innovation landscape. Source Link: https://www.ehangzhou.gov.cn/2023-06/02/c_285035.htm

November 01, 2024. KUALA LUMPUR, Malaysia. Our investment rationale was anchored on the theme of Offline-to-Online e-commerce, as well as a commitment to support Malaysian entrepreneurs and promising early-stage companies. Khazanah Nasional (“Khazanah”) had invested RM27m to acquire a 9% stake in FashionValet (“Company”) in 2018. At the time, the Company was a promising homegrown e-commerce fashion platform with more than 400 brands and 15,000 products on its platform and expecting revenue growth of ~60% annually. Our investment rationale was anchored on the theme of Offline-to-Online e-commerce, as well as a commitment to support Malaysian entrepreneurs and promising early-stage companies. Over the years, the Company faced challenges, most of which were exacerbated by COVID-19, including in expanding its platform. This required FashionValet, under the guidance of its Board of Directors and shareholders, to shift focus from being an ecommerce platform for Southeast Asian brands to growing its wholly-owned in-house brands, Duck and Lilit, in order to preserve the Company’s operating margins and cashflow. The Company also took measures to rationalise costs and streamline operations, but continued to face challenges, including in securing capital during the difficult fundraising environment in 2022-2023. In late 2023, NXBT Partners, led by a seasoned Malaysian entrepreneur, offered to acquire existing shareholders’ stakes and inject capital into the Company. In view of the Company’s urgent need for funds to continue operations, and the fact that the investment had reached the end of its targeted holding period, Khazanah considered and accepted the offer. The divestment represented a responsible exit to transfer ownership to a party who could help guide the Company to a new growth trajectory. As the sovereign wealth fund of the nation, Khazanah will continue to invest responsibly and manage assets towards sustainable multigenerational returns for the country. As part of Khazanah’s Advancing Malaysia strategy anchored on “A Nation that Creates” framework, we remain committed to transforming Malaysian firms of all sizes to increase national productivity and competitiveness, aligned with the GEAR-uP programme, led by the Ministry of Finance. We believe that the start-up ecosystem is a vital engine for innovation, economic growth and job creation in Malaysia. Despite the higher inherent investment risks and challenges with early-stage companies, Khazanah is fully dedicated to supporting local start-ups and will continue to promote their success and expansion. We appreciate the continued trust and support from our stakeholders as we work towards the nation’s economic objectives in line with the government’s Ekonomi MADANI aspirations. TAMAT Source Link: https://www.khazanah.com.my/news_press_releases/khazanah-nasional-clarifies-its-divestment-in-fashionvalet/

Nov 05, 2024. LONDON & NEW YORK & AMSTERDAM Against a backdrop of risk and uncertainty across multiple fronts geographically, customers are utilizing the combination of the liquidity and precision of our global benchmarks and related contracts to manage risk. Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that October 2024 marked its highest volume month in its history with a record 209 million contracts traded across futures and options. “The extent of trading activity during October highlights the depth, breadth and liquidity of the global exchange network we have built over the last two decades and the unique role that benchmarks such as Brent and Euribor play in underpinning the management of risk across markets,” said Trabue Bland, SVP of Futures Markets at ICE. “Against a backdrop of risk and uncertainty across multiple fronts geographically, customers are utilizing the combination of the liquidity and precision of our global benchmarks and related contracts to manage risk.” In addition, October marked the highest volume month for commodity and energy trading at ICE with a record 117 million and 108 million futures and options contracts traded respectively, as well as the highest volume month ever for interest rate trading at ICE with 85 million futures and options traded. ICE’s highest volume month on record prior to this was March 2020. During October, ICE’s global benchmark Brent, the largest and most liquid oil market in the world used to price three quarters of internationally traded crude oil, witnessed its largest volume month in its history with a record 38.2 million Brent futures and options traded. While Euribor, the benchmark for managing short term euro-related interest rate risk, similarly had its highest volume month ever with a record 50.5 million futures and options traded. About Intercontinental Exchange Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology , we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity. Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here . Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).” Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024. Category: EXCHANGES ICE-CORP Source: Intercontinental Exchange ICE Media:Jess Tatham jess.tatham@ice.com +44 7377 947136ICE Investor:Katia Gonzalez katia.gonzalez@ice.com (678) 981-3882 Source: Intercontinental Exchange Source Link: https://ir.theice.com/press/news-details/2024/October-Marks-Highest-Volume-Month-in-ICEs-History-with-209-Million-Contracts-Traded/default.aspx

August 21, 2024. ARIZONA, US This marks another significant step towards providing a high-performance interface that will enhance the control of digital devices for people with quadriplegia to help restore their autonomy. (Fig 04) Alex playing Counter-Strike. Last month, Alex,* the second participant in our PRIME Study,** received his Neuralink implant (Link). The surgery, conducted at the Barrow Neurological Institute , went well — Alex was discharged the following day, and his recovery has been smooth. With the Link, he has been improving his ability to play video games and began learning how to use computer-aided design (CAD) software to design 3D objects. This marks another significant step towards providing a high-performance interface that will enhance the control of digital devices for people with quadriplegia to help restore their autonomy. The overarching aim for the PRIME Study is to demonstrate that the Link is safe and useful in daily life, as noted in our last blog post . In this blog post, we share updates from the experience of our second participant across three key dimensions that support this aim: Out-of-the-box experience Repertoire of capabilities Thread retraction mitigations Out-of-the-Box Experience From the first moment Alex connected his Link to his computer, it took less than 5 minutes for him to start controlling a cursor with his mind. Within a few hours, he was able to surpass the maximum speed and accuracy he’d achieved with any other assistive technology on our Webgrid task. Similar to Noland, our first participant, Alex broke the previous world record for brain-computer interface (BCI) cursor control with a non-Neuralink device on day one of using the Link. After the first research session concluded, Alex continued testing the capabilities of the Link independently, using it to play the first-person shooter game Counter-Strike . “I’m already super impressed with how this works.”— Alex, PRIME Study participant Repertoire of Capabilities Alex enjoys building things. Before his spinal cord injury, he worked as an automotive technician, fixing and tinkering with various types of vehicles and large machinery. Since then, he has wanted to learn how to design 3D objects using computer-aided design (CAD) software so he could work on projects without needing to rely extensively on his support system. However, the level of control offered by his assistive technologies made this challenging. On day two of using the Link, Alex used the CAD software Fusion 360 for the first time and managed to design a custom mount for his Neuralink charger , which was then 3D printed and integrated into his setup. We are working with Alex to increase his productivity with the Link by mapping intended movements to different types of mouse clicks (e.g., left, right, middle), thereby expanding the number of controls he has and enabling him to quickly switch between various modes in CAD software (e.g., zoom, scroll, pan, click-and-drag).  In his free time, Alex continues to use CAD software to turn his design ideas into reality. We hope that in time, the Link helps many people create in their areas of interest and expertise, and we’re excited to work with more people to help them reconnect with their passions. “Taking an idea, putting it as a design, and actually having a physical item as a finished product makes me feel like I’m building things again.”  — Alex, PRIME Study participant (Fig 02) In this video, Alex uses his Link to carve out the center of the custom mount for his Neuralink charger (finished product shown in Fig 03). On the right side of his screen is a mode switcher — a user interface element developed by Neuralink — which he leverages to quickly change the functionality of his mouse. In this video, Alex uses his Link to carve out the center of the custom mount for his Neuralink charger (finished product shown in Fig 03). On the right side of his screen is a mode switcher — a user interface element developed by Neuralink — which he leverages to quickly change the functionality of his mouse. (Fig 03) To the right of Alex’s laptop is a 3D-printed charger mount that he designed using his Link. Alex also enjoys playing first-person shooter games, which generally require the use of numerous inputs, including two separate joysticks (one for aiming and the other for moving) and an array of buttons. Before receiving the Link, Alex enjoyed playing these games using an assistive device called the Quadstick — a mouth operated joystick with sip-and-puff pressure sensors and a lip position sensor for clicking. However, a key limitation of the controller is that it only has one joystick, restricting Alex to either moving or aiming at any given time. Switching from moving to aiming involves letting go of the joystick and then sipping or puffing into a separate straw to toggle the functionality. Now, Alex is able to use the Link in combination with his Quadstick to move and aim simultaneously, unlocking a more intuitive gameplay experience.  “Just running around is so enjoyable because I can look side to side, and not need to move Quadstick left and right… I can [think about where to] look and it goes where I want it to. It's insane.” — Alex, PRIME Study participant Thread Retraction Mitigations With our first participant, Noland, we observed a degree of thread retraction that temporarily reduced his BCI performance. The threads have stabilized, and the performance of Noland’s Link has since recovered — more than doubling the prior world record for BCI cursor control.  To reduce the probability of thread retraction in our second participant, we implemented a number of mitigations, including reducing brain motion during the surgery and reducing the gap between the implant and the surface of the brain. We discussed these measures in greater detail in our live update prior to our second participant’s surgery.  Promisingly, we have observed no thread retraction in our second participant. Looking Forward To further enhance our participants’ experience using their digital devices, we are continuing to expand the controls that are available to them. We are working on decoding multiple clicks and multiple simultaneous movement intents to deliver full mouse and video game controller functionality. We are also developing algorithms to recognize handwriting intent to enable faster text entry. These capabilities would not only help restore digital autonomy for those who are unable to use their limbs, but also restore the ability to communicate for those who are unable to speak, such as people with neurological conditions like amyotrophic lateral sclerosis (ALS) . Additionally, we plan to enable the Link to interact with the physical world, allowing users to feed themselves and move more independently by controlling a robotic arm or their wheelchair. “The Link is a big step on the path of regaining freedom and independence for myself.” — Alex, PRIME Study participant Join the Neuralink Community If you are excited to restore autonomy to those with unmet medical needs, consider applying to our open roles . If you are interested in shaping the future of assistive technologies by participating in a Neuralink clinical trial, please join our Patient Registry . * Name shared at the request of the participant. ** The PRIME Study — an investigational medical device trial for our fully implantable, wireless brain-computer interface (BCI) — aims to evaluate the safety of our implant and surgical robot, and assess the initial functionality of our BCI for enabling people with quadriplegia to control external devices with their thoughts. We do not guarantee any benefit by participating in the PRIME Study. Source Link: https://neuralink.com/blog/prime-study-progress-update-second-participant/

STOXX Ltd. has announced an unscheduled component change in the SDAX index.  10 July 2024, Zug STOXX Ltd. has announced an unscheduled component change in the SDAX index.  SYNLAB AG will leave the SDAX because it does not meet the requirement „existing listing on the Regulated Market of the Frankfurt Stock Exchange (FSE)” any more ( rulebook , section 5.4.2 Breaches of basic criteria).  The following change will be made.  Deletion Addition SYNLAB AG Medios AG About STOXX STOXX® and DAX® indices comprise a global and comprehensive family of more than 17,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds. STOXX Ltd., part of the ISS STOXX group of companies, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation.  stoxx.com About ISS STOXX ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders.   Legal disclaimer:  STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. None of their products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or trading strategies. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company and may not be relied on as such. Financial instruments based on the STOXX® indices, DAX® indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX Ltd., ISS STOXX GmbH, ISS STOXX Index GmbH, Deutsche Börse Group or their licensors, research partners or data providers.  Source Link: https://www.deutsche-boerse.com/dbg-en/media/press-releases/Unscheduled-component-change-in-SDAX-4027094