Tag:

Market

The 2025 Nanjing Software Conference for Industry and Talent Financing Supply and Demand, and the Collaborative Development of Industry, Academic and Research have come to an end_Oriental Fortune Network

by Priya Shah June 19, 2025

written by Priya Shah

Nanjing Software Conference Concludes, Charting AI’s Industrial Future

Industry Leaders Converge to Forge Alliances and Explore Innovation

The 2025 Nanjing Software Conference, a premier industry event spanning two decades, recently concluded after three days of intense networking. The event fostered supply-demand alignment and collaborative development among software companies, financial institutions, research entities, and industry professionals.

Huawei Executive Highlights AI’s Transformative Potential

Qiu Shuai, CTO of Huawei Group Industrial Software and Industrial Cloud and general manager of Huawei Cloud Industrial Software Cloud, emphasized the remarkable advancement of Nanjing’s software sector. He pinpointed the intelligent operating system and Hongmeng system as prime examples. Qiu believes that AI will revolutionize industrial software, and urged manufacturers to capitalize on emerging opportunities in intelligent industrial software.

“I think AI will be a complete disruption and reconstruction for industrial software. Industrial software manufacturers should quickly capture the development opportunities of AI and transform into the field of intelligent industrial software.”

—Qiu Shuai, CTO of Huawei Group Industrial Software and Industrial Cloud and general manager of Huawei Cloud Industrial Software Cloud

Local Software Firm to Focus on Localization and Intelligence

Jiangsu Runhe Software Co., Ltd. is prioritizing localization and intelligence, employing “operating system × wireless connection × AI” as its core technology. They are constructing a digital infrastructure that encompasses cloud-edge-end capabilities, leveraging open-source Hongmeng and open-source Euler. This approach supports digital transformation and intelligent upgrades across sectors, including finance, energy, and industry.

Collaboration Drives Advancement

During the conference, several entities, including the Nanjing Industrial Software Cloud Engineering Application Innovation Center, the Intelligent Manufacturing Industrial Park, and Nanjing University of Information Engineering, formalized partnerships. These collaborations aim to enhance research efforts and expedite the practical application of technological advancements. According to the center’s operation director, Xue Chaobo, Nanjing’s substantial industrial base and strengths in high-end equipment manufacturing, such as smart grids, position it for significant advantages.

In related news, the global industrial software market is projected to reach $750 billion by 2028, reflecting a compound annual growth rate of 9.3% from 2021 (Statista, 2024).

Talent Development and Strategic Partnerships

A “School-Enterprise Jointly and Financially Help: Strategic Cooperation Release Ceremony for the Cultivation of Industrial Software Specialty Talents” was also held. Nanjing University’s School of Software, alongside Poisson Software, Yunbo Software, and Yuantu Times, signed cooperative agreements aimed at developing skilled professionals to support the sustained development of the industrial software industry.

The Nanjing Software Conference concluded, leaving a blueprint for future innovation, collaboration, and development in the software sector.

June 19, 2025 0 comments

News

Villa Pamphili Shooting: Rexal Ford & Mystery Woman

by Emma Walker June 15, 2025

written by Emma Walker

Of
Valeria Costantini

Reports for violent quarrels,the last on june 5 a few hours before he killed the girl. The restaurateur who denounced him in Piazza Farnese: “He was violent and full of blood”

“Help, there is a man who is beating A woman wiht a child in her arms ». It is indeed the evening of 20 maggio When two US tourists run on via del Mascherone, a central road in Rome. A few meters and arrive, agitated, a Farnese squarehome of the homonymous palace that houses the Embassy of France. On a corner of the historic widening the “Camponeschi” restaurant He is open, owner and vigilant first respond to the SOS of young people. It is indeed not even 10 pm, cries and quarrels like many who re -establish in the alleys of the capital.

Just that thatviolent man And Rexal Ford and 18 days later a Villa Pamphili will leave behind two bodies, Two victimsmother and daughter. Just the girl in the mother’s arms seen with him that evening. But already in the night of that first filingnobody will stop the future murderer.
«I saw these two American girls ask for help,they said there was a man,full of blood,violent With a woman »the story of the restaurant owner,who immediately calls 112.

Agents do not identify the woman

Table of Contents

Agents do not identify the woman
The doubts of a policeman
the second report on Ford on the market

When the police arrive, the 46 -year -old is sitting on the steps of the number 63 in via del Mascherone: next to him there is his future victim, the woman he will abandon in a black bag in the park, also annihilating what remains of her, the daughter. It is he who speaks for her: “We are American touristsshe is my daughter, “he says in Italian to the agents, pointing out the girl in the arms to the mother who, however, has no documents.

The policemen, as far as they appear, do not go further: record the passport of man and, in the absence of complaints, do not verify more, not even theidentity of the womanthey just accept what Ford declared: he says he is his wife but the name will be without feedback. So much so that she is still unknown. Nor do the agents separate the couple in order to ascertain the facts without him to loom on the victim of his violence.

The doubts of a policeman

A policewoman only doubt and how, a photo of the wounded American, the restaurateur who then reports everything to “Who has seen it?” suspected described by the witnesses with a name and surname. “What was to be done was done as a citizen and as a civic sense – says the restaurateur now when he asks to remain anonymous -. Good deeds take stock and just should not be used for several purposes ».

I testimonial of thataggression They will not have been enough for the detention of man, but dozens of cameras immortalized the violent scene. Behind via del Mascherone, three meters from the steps on which Ford sat, there is the historic via Giulia, a road that houses the Consulate General of France, next to the Embassy building. H24 manned area by the police,dozens of electronic eyes focused on the alleys. That of Piazza Farnese is just one of the episodes in which The fury explodes of Ford, unpunished, let it go at least three times.Free to make his anger exploded,now accused of killing the girl and problably his mother,as soon as I autoptic feedback they will certify the causes of death.

the second report on Ford on the market

The second time happens to San Silverio markettwo steps from Villa Pamphili: it is indeed May 30th, again violent dispute, called to 112, this

June 15, 2025 0 comments

Business

Commentary: Why Chinese F&B companies are expanding in Indonesia

by Priya Shah June 15, 2025

written by Priya Shah

Mixue’s Icy Ascent: How a Chinese Ice Cream Brand Conquered Southeast Asia

The ice cream market in Southeast Asia is seeing a shake-up, with a Chinese brand, Mixue, rapidly expanding. This model presents a challenge to established players, offering a low-cost franchise to entrepreneurs and tapping into the region’s youthful demographics.

The Mixue Strategy

In contrast to traditional, exclusive franchise models, mainland Chinese food and beverage companies are pushing a different approach. This strategy prioritizes affordability and accessibility, especially for aspiring entrepreneurs. For example, a Mixue franchise requires under $40,000 in initial capital.

The brand, which Zhang Hongchao established in the late 1990s, first appeared in Southeast Asia in Vietnam in 2018 and Indonesia in 2020. The firm’s growth in Indonesia has been exceptional, opening over 2,000 stores within four years. Roughly 1,000 stores opened in Vietnam within five years.

The Contrast

Franchises in the region commonly involve a more exclusive model. The master franchise holder offers outlets, as seen with PT Mitra Adiperkasa for Starbucks Indonesia. This targets middle and upper-income demographics in urban areas.

Mixue’s success may stem from its ability to reach markets with lower incomes and a larger young population. This has fueled its rapid expansion across Southeast Asia.

Barriers to Entry

Mainland Chinese F&B firms initially faced substantial hurdles when attempting to enter developed countries. These included complicated regulations, stringent food safety standards, and intense competition from well-established brands. These factors hindered their market penetration.

The global ice cream market is projected to reach $94.59 billion by 2028, according to Grand View Research, showing strong demand for affordable treats (Grand View Research).

June 15, 2025 0 comments

News

LA Federal Courthouse: Fast Track Sale Announced

by Ethan Caldwell May 20, 2025

written by Ethan Caldwell

Historic Downtown Los Angeles Courthouse Up for Sale

May 20, 2025

The federal government is offering an unusual opportunity to real estate investors: a chance to purchase a historic courthouse and office building in the heart of downtown Los Angeles [[1]], [[3]].

A Landmark on the Market

The U.S. Courthouse, a landmark constructed in the 1930s on Spring Street near City Hall, has been designated for accelerated disposition by the General Services Management (GSA) [[2]]. This move is part of a broader initiative to sell off underutilized federal properties.

Did you know? The Spring Street Courthouse is not the only federal property being considered for disposition. The GSA continually evaluates its real estate portfolio to identify properties that no longer meet the government’s needs.

The GSA aims to rightsize the federal real estate portfolio to reduce the burden on the American taxpayer, according to its website.This aligns with efforts to streamline government operations.

The Bigger Picture: Government Downsizing

This sale reflects a broader push to shrink the size of the federal government. The prior administration launched a major initiative aimed at reducing the federal footprint.

Then and Now: Courthouse Operations

Past: The U.S. Courthouse at 312 N. Spring St. was the third federal building constructed in Los Angeles to serve its growing population in the early 20th century. It once housed downtown’s main post office and other federal agencies.
Present: A replacement U.S. courthouse opened nearby on First Street in 2016, housing federal courts and law enforcement departments, including the U.S. marshals Service and the U.S. attorney’s office for the Central District of California.
Current Occupants: The Spring Street building currently houses the National Labor Relations Board,Small Business Administration,and the U.S. attorney’s office for the Southern District of california, according to the GSA.Former federal courtrooms are now occupied by the Superior Court of Los Angeles County.

Market Challenges and Opportunities

The courthouse sale occurs during a challenging period for downtown commercial property sales. Many office towers have struggled to recover from tenant losses experienced during the pandemic. Recent sales have been substantially below the cost of new construction. Such as, the Gas Company Tower was sold to Los Angeles County for $200 million, far below its 2020 appraised value of $632 million.

Pro Tip: Redeveloping historic buildings can qualify for meaningful tax incentives, making the project more financially attractive.

The GSA has not disclosed a specific price for the courthouse. Though, Mike Condon Jr., a commercial property broker with Cushman & Wakefield, estimates it could sell for around $60 million.

Condon suggests that institutional buyers are unlikely to be interested,stating,Downtown L.A. is not the most favored market for large-scale investments in properties that need to be redeveloped. He believes the thin buyer pool may consist of wealthy individuals or family offices willing to wait for market demand to return before undertaking renovations, perhaps converting the building into apartments.

Despite the challenges, condon remains optimistic: I think whoever buys it is indeed going to make gobs and gobs of money. It’s just a question of when.

Continued Federal Presence

The sale of the building does not necessarily mean federal tenants will be relocated. The GSA indicates that they may lease their space back from the buyer, ensuring continued government operations within the building.

Architectural and Ancient Significance

The building, encompassing nearly 752,000 square feet [[3]], was designed in Art Moderne style by Gilbert Stanley Underwood, a Los Angeles architect renowned for designing National Park lodges, including the Ahwahnee Hotel in Yosemite. The courthouse is listed on the National Register of Historic Places.

Notable cases tried at the courthouse include Mendez vs. Westminster, a precursor to Brown vs. Board of Education, and a breach-of-contract suit filed by actress Bette Davis against Warner bros.

Local Concerns

Dan Rosenfeld, a real estate executive with experience in both the private and public sectors, describes the courthouse as a key supporting structure in the complex of buildings that constitute our civic centre surrounding City Hall.

rosenfeld expressed his dismay,stating he is not only shocked but extremely dismayed that the government is rushing to sell the building. He added, This administration is moving so quickly and thoughtlessly.

FAQ: Spring Street courthouse sale

Why is the government selling the courthouse? The GSA is selling underutilized federal properties to reduce the burden on taxpayers.
Will federal tenants be relocated? Not necessarily. The GSA may lease space back from the new owner.
What is the estimated sale price? while the GSA hasn’t listed a price, a broker estimates it could sell for around $60 million.
Who is likely to buy the building? Wealthy individuals or family offices are the most likely potential buyers.
What could the building be used for in the future? Potential uses include apartments or redeveloped office space.

May 20, 2025 0 comments

News

Maximize Tax Refunds: Expand Your Business Globally

by Ethan Caldwell April 27, 2025

written by Ethan Caldwell

China Optimizes Tax Refund Policies to Boost Inbound Consumption

April 27,2025

China is taking steps to attract more international visitors by optimizing its departure tax refund policies. The ministry of Commerce, along with six other departments, recently issued a notice aimed at enhancing the shopping experience for overseas tourists and expanding inbound consumption.

Key Policy Changes

Expanded Store Access: The initiative seeks to increase the number of tax refund stores,particularly in areas frequented by tourists,such as business districts,pedestrian streets,and airports.
Lower Threshold: The minimum purchase amount for tax refunds has been reduced from 500 yuan to 200 yuan, opening the programme to smaller shops and a wider range of goods [2], [3].
Improved Services: The cash tax refund limit has been doubled from 10,000 yuan to 20,000 yuan, and efforts are being made to offer diverse payment options, including mobile payment, bank cards, and cash.

Official Statements

sheng Qiuping, vice minister of commerce, emphasized the potential impact of these changes:

Further optimizing the departure tax refund policy will help promote the continued rapid growth of departure tax refund sales and inject consumption into boosting consumption…expand new space.
Sheng Qiuping,Vice Minister of Commerce

Qiuping added that the ministry will work with other departments to implement these policies,improve the quality of tax refund services,and make shopping more convenient for overseas travelers.

Implementation and Expansion

The State Administration of Taxation has already issued an announcement to clarify the procedures for “buy-and-refund” services, encouraging more stores to participate. Xie Wen, director of the Department of Goods and Labor Taxation of the State Administration of Taxation, stated:

Under the thorough effect of the introduction of a series of departure tax refund policies and measures, the advantages of ‘buy and refund’ will be further exerted. In the next step, the tax department will continue to optimize tax services, improve the consumption experience of overseas tourists, and fully release the consumption potential of inbound tourism.
Xie Wen, Director of the Department of Goods and Labor Taxation of the State Administration of Taxation

The Civil Aviation Administration of China is also involved in promoting the policy. xu Qing,director of the Transportation Department,said:

we will cooperate with relevant departments to strive to promote the implementation and optimization of the departure tax refund policy to attract more foreign tourists to enter and consume… We will encourage capable port airports to add departure tax refund stores…to enhance foreign tourists’ awareness of departure tax refund policies and attract more passengers to ‘buy in China’.
Xu Qing,Director of the Transportation Department of the Civil Aviation administration of China

FAQ: Tax Refunds in China

What is the minimum purchase amount for a tax refund?: 200 yuan.
What is the maximum cash refund amount?: 20,000 yuan.
Where can I find tax refund stores?: Look for them in major business districts, tourist attractions, airports, and other areas frequented by tourists.

April 27, 2025 0 comments

Business

Dollar Demand Soars Amidst Global Market Uncertainty

by Ethan Caldwell April 7, 2025

written by Ethan Caldwell

Dollar Demand Surges Amid Global Market Jitters

Singapore, April 7, 2025

escalating risk aversion in global financial markets has fueled a notable increase in demand for dollar funding. Investors eye potential Federal Reserve actions as tariff policies loom.

Key Market Indicators Signal Rising Dollar Demand

Several indicators point to a growing appetite for the U.S.dollar as a safe-haven asset:

Two-Year U.S. Overnight-Indexed Swaps: The spread between these swaps and cash Treasury yields, a key indicator of dollar demand, has narrowed to its lowest level as November.
Yen-Dollar Basis Swaps: Three-month yen-dollar basis swaps have declined to levels not seen as December.
Euro and Pound Equivalents: Similar declines are observed in euro and pound equivalents, reflecting a broader trend.

While these movements are noteworthy, analysts emphasize that they remain modest and do not yet indicate a severe crisis in market stability.

Tariff Policies and Anticipated Fed Response

Market participants are closely monitoring money markets to assess the financial strain caused by current trade policies. Investors are reacting to the risk-asset selloff triggered by the U.S. management’s global tariff policy. The market anticipates meaningful action from the Federal Reserve.

Swaps pricing currently reflects expectations of more than 100 basis points in rate cuts by the Federal Reserve before the end of the year, signaling a strong belief that the central bank will need to intervene to stabilize the economy.

Expert Analysis: Echoes of the Pandemic?

Naokazu koshimizu, a senior rates strategist at Nomura Securities Co. in Tokyo, offers a comparative perspective:

We might potentially be seeing a repeat of what happened during the global pandemic albeit a smaller scale where investors, businesses and companies dashed for dollar funds, leading to a drop in liquidity in the Treasury market.
Naokazu Koshimizu, Nomura Securities Co.

Koshimizu highlights a potential parallel to the early days of the pandemic, where a rush for dollar funding strained the Treasury market. He further elaborates on the disconnect between rate cut expectations and bond market activity:

while swaps have dropped substantially to reflect expectations of rate cuts, investors and dealers find it arduous to buy bonds, preventing Treasury yields from matching the move.
Naokazu Koshimizu, Nomura Securities Co.

Koshimizu suggests that this reluctance to buy bonds is preventing Treasury yields from fully reflecting the anticipated rate cuts.

Potential Scenarios and fed Actions

The situation could intensify if higher U.S. tariffs take effect as scheduled on April 9.Koshimizu warns that demand for dollar funding could surge further unless the Federal Reserve intervenes.

Possible Fed actions include:

Supplying funds to the market
Cutting interest rates

These measures could help to alleviate the pressure on dollar funding and stabilize the financial markets.

Currency Market Observations

Spreads in the spot and forward currency market have shown modest widening. An Asia-based FX trader noted that these movements have not yet significantly impacted transactions.

The trader,who requested anonymity,stated that the market is closely watching for any further escalation in trade tensions and their potential impact on currency valuations.

April 7, 2025 0 comments

Newer Posts

Older Posts