Biz.News
Thursday, March 26, 2026
AM BEST AFFIRMS EXCELLENT RATINGS OF NAN SHAN GENERAL
In a statement, AM Best said the credit ratings (ratings) reflect Nan Shan General’s very strong balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management.
The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, improved to the strongest level at year-end 2025, supported by consistent earnings growth and partial profit retention.
AM Best expects the insurer to maintain its balance sheet strength over the medium term, backed by an insurance risk profile characterised by personal lines and small- to medium-sized commercial accounts, prudent investments and a sound reinsurance programme.
Operating performance remained favourable in 2025, driven by improved underwriting results and stable investment income. Premium growth has exceeded the industry average for three consecutive years, mainly driven by expansion in the voluntary motor, travel and commercial lines.
The insurer’s personal lines segment, accounting for about 74 per cent of its portfolio, benefited from positive underwriting margins, while its net operating expense and combined ratios edged down to 37.2 per cent and 90.0 per cent, respectively, representing the lowest levels for both metrics over the last five-year period. Return on equity remained at a double-digit level.
Investment performance also strengthened, supported by capital gains in equities and stable interest income from bonds. The company is expected to maintain a focus on domestic fixed-income securities with moderate equity exposure.
Nan Shan General benefits from its parent, Nan Shan Life Insurance Co Ltd (Nan Shan Life) through brand recognition, distribution support and capital backing, despite its relatively modest business scale.
-- BERNAMA
CARTA EXPANDS ASIA NETWORK WITH NEW HONG KONG HUB
The new office anchors a dual-hub network in Asia—alongside the existing Singapore regional headquarters—to modernise Hong Kong’s US$240 billion private markets ecosystem. (US$1=RM3.95)
“For years, we have watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Carta Managing Director, Asia Pacific, Middle East, and Africa, Bhavik Vashi in a statement.
Vashi added that the Hong Kong hub will meet fund managers where they are, providing the modern infrastructure needed to manage the next generation of Asian capital with confidence.
This expansion establishes a seamless operating corridor for fund managers across Asia’s most dynamic capital centres. While Singapore anchors activity across Asia Pacific, the Middle East, and Africa, the Hong Kong office is strategically positioned to provide infrastructure for general partners (GPs) and limited partners (LPs) operating across the Greater Bay Area (GBA).
The timing aligns with Hong Kong’s return as a capital hub. As the region’s second-largest private markets hub, Hong Kong’s return to the #1 spot for initial public offering (IPO) activity has generated a significant wave of liquidity, driving strong demand for modern infrastructure across the private capital ecosystem.
The Hong Kong office launches with a team of professionals specialising in sales, marketing, customer experience, and fund administration. The team will provide end-to-end investment lifecycle services, including fund formation, capital calls, and automated waterfall modelling, all tailored to the local market, with support available in Cantonese, Mandarin, and English.
This expansion formalises Carta’s long-standing involvement in the city’s institutional ecosystem. Having participated in major industry forums like the HKVCA’s Asia Private Equity Forum (APEF) and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta is transitioning from an ecosystem participant to a permanent local partner for firms in the GBA.
Hong Kong marks Carta’s 15th office worldwide, further cementing its commitment to serving the full spectrum of private capital participants—from emerging managers to established multi-billion dollar platforms—across its network, which also includes Singapore, Abu Dhabi, and Sydney.
-- BERNAMA
Carta Opens Hong Kong Office, Establishes Dual-Hub Asia Network to Modernize the City’s $240B Private Markets Ecosystem
HONG KONG, March 26 (Bernama-BUSINESS WIRE) -- Carta, the world’s first fully interconnected system for private capital, today announced its Hong Kong office, anchoring a dual-hub network to modernize the city’s $240 billion private markets ecosystem. Together with Carta’s Singapore regional headquarters – opened in 2021 and recently expanded – the new office creates a seamless operating corridor for fund managers across Asia’s most dynamic capital centers.
While Singapore anchors activity across Asia Pacific, Middle East, and Africa, the Hong Kong office provides the infrastructure necessary for general partners (GPs) and limited partners (LPs) to operate seamlessly across the Greater Bay Area (GBA), with access to world-class infrastructure across the HK-SG axis while maintaining localized expertise across the markets.“For years, we’ve watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Bhavik Vashi, Managing Director, Asia Pacific, Middle East, and Africa at Carta. “Opening Carta’s Hong Kong hub allows us to meet fund managers where they are, providing the modern infrastructure they need to manage the next generation of Asian capital with confidence.”
Why Now? Hong Kong's Return as a Capital Hub
As the region’s second-largest private markets hub managing $240 billion in assets, Hong Kong’s return to the #1 spot for IPO activity has triggered a massive wave of liquidity, creating strong demand for modern infrastructure across the entire private capital ecosystem.
The Hong Kong office launches with a team of professionals across sales, marketing, customer experience, and fund administration. Together, they will provide end-to-end investment lifecycle services – from fund formation and capital calls to automated waterfall modeling – tailored to the nuances of the local market, with support available in Cantonese, Mandarin, and English.
The expansion formalizes years of active involvement in Hong Kong’s institutional ecosystem. As a participant in major industry forums, including HKVCA’s Asia Private Equity Forum (APEF) and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta has regularly convened regional fund managers, LPs, and other ecosystem stakeholders to discuss operational best practices and emerging trends in private markets infrastructure in the region. The new physical presence allows Carta to transition from an ecosystem participant to a permanent local partner for firms in the Greater Bay Area.
With offices spanning Singapore, Hong Kong, Abu Dhabi, and Sydney, Carta now serves the full spectrum of private capital participants across the regions – from emerging managers to established multi-billion dollar platforms. Hong Kong marks Carta’s fifteenth office worldwide.
About Carta
Carta is the ERP for private capital, connecting the entire ecosystem – from GPs and LPs to CEOs, CFOs, employees, and advisors. Trusted by 50,000 companies in 160+ countries, our platform streamlines every ownership workflow, making it easier to understand, manage, and grow equity. With software and services built to scale, Carta empowers you to build, invest, and grow with confidence. Carta’s Fund Administration platform supports 9,000 funds and SPVs, representing $203B+ in assets under management, with tools designed to enhance the strategic impact of fund CFOs. Recognized by Fortune, Forbes, Fast Company, Inc. and Great Places to Work, Carta is transforming how private capital operates.
For more information, visit carta.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260325065950/en/
Contact
Media Contact:
Name: Stephanie Yeo
Email: stephanie.yeo@carta.com
Source : Carta
--BERNAMA
Bitget Brings Trading to the Track with MotoGP Brazil Activation and Smarter Speed Challenge
VICTORIA, Seychelles, March 26 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), marked the opening of the 2026 MotoGP™ season in Brazil with an on-site activation and the expansion of its Smarter Speed Challenge mini-game, blending trading concepts with motorsport experiences.
The Brazilian Grand Prix, held from March 20-22 at the Autódromo Internacional Ayrton Senna in Goiânia, represents Bitget’s first sponsored MotoGP event in South America. Following activations across Italy, Germany, Catalunya, and Indonesia in 2025, the latest stop signals a continued focus on engaging new audiences in growing markets.
At the circuit, Bitget introduced a two-storey innovation fan booth designed to connect trading with interactive experiences. Visitors engaged with racing simulators, a VR racing game, and immersive installations, while also exploring how different asset classes can be approached within a unified trading environment. A branded VIP lounge offered an exclusive setting for partners and clients, alongside trackside visibility through circuit branding and global broadcast placements.
The activation extended beyond the physical venue through the Smarter Speed Challenge mini-game, which reimagines trading as a racing experience. In the game, assets such as cryptocurrencies, U.S. stocks and gold are represented as race tracks and collectible objectives, translating market concepts into a more intuitive and interactive format.
Since its launch on March 2, the mini-game has attracted approximately 100,000 participants, with a prize pool exceeding 120,000 USDT. Designed to bridge Web2 and Web3 audiences, the experience allows both traders and motorsport fans to engage with Bitget’s “one-stop trading” concept in a more accessible way. A limited-time in-game feature introduced during the Brazil Grand Prix offers additional rewards tied to the event.
“The way people engage with markets is evolving, and experiences play a bigger role in that shift,” said Gracy Chen, CEO of Bitget. “Bringing trading concepts into familiar environments like sports allows more people to understand and explore them in a natural way.”
The Smarter Speed Challenge reflects Bitget’s broader Universal Exchange strategy, where crypto and traditional financial assets coexist within a single platform. By translating these markets into interactive formats, Bitget is expanding how users discover and approach trading opportunities across asset classes.
While the Brazil Grand Prix marked the start of the 2026 season, the Smarter Speed Challenge continues beyond the track, with ongoing rewards and future activations planned alongside upcoming races.
To participate in the Smarter Speed Challenge, please visit here.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3c942fa7-a221-43fc-a762-55c73d41b535
https://www.globenewswire.com/NewsRoom/AttachmentNg/756c86be-8d07-484a-bf97-a7c71d46771b
https://www.globenewswire.com/NewsRoom/AttachmentNg/d67ce25d-ecc8-474c-93c0-0ffb6a74d8f9
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
DIGITAL REALTY POWERS SAMSUNG ELECTRONICS IT OPERATIONS IN SEOUL
According to a statement, this engagement leverages Digital Realty’s ICN10 data centre to deliver stable and scalable infrastructure crucial for Samsung’s enterprise information technology (IT) operations.
Digital Realty Head of Korea, Chris Han noted that providing this enterprise-grade infrastructure at ICN10 reflects the company’s ability to support large-scale customer environments in Korea.
Han affirmed the company’s commitment to delivering stable, high-performance infrastructure that meets the operational needs of global enterprises.
The ICN10 facility in Sangam-dong, which has operated since 2022, is specifically designed to support secure, scalable, and resilient infrastructure required for large-scale data processing and high availability. It offers robust power, cooling, and security for mission-critical enterprise environments.
The facility features a maximum IT capacity of 12 megawatt (MW) and is noted as Korea’s first carrier-neutral data centre. Its infrastructure is built with high-density power architecture and resilient network connectivity to support demanding AI and high-performance computing workloads.
Digital Realty’s global platform also enables consistent infrastructure standards and operational practices across key metros worldwide, helping enterprises maintain reliable infrastructure performance across multiple regions.
-- BERNAMA
SWITZERLAND TOPS HENLEY OPPORTUNITY INDEX 2026
The index, published as part of the Henley Education Report 2026, measures jurisdictions based on earning potential, career prospects, education quality, economic mobility, and liveability, according to a statement.
Henley & Partners Group Head of Private Clients, Dominic Volek said the index identifies where “academic credentials and ambition translate most effectively into sustained career success and long-term economic advantage”.
Switzerland leads the 2026 ranking with a score of 86 out of 100, supported by its stable economy, world-class education system, and strong professional ecosystems in cities such as Zurich and Geneva.
Singapore ranks second with a score of 81, benefiting from its role as a global hub for trade, finance, and innovation, followed by Australia in third place with 80, driven by strong universities and high quality of life.
The United Kingdom and United States share fourth place with scores of 79, reflecting their concentration of top universities and global financial centres, while Canada ranks fifth with 78 due to its international labour market and respected education system.
Other jurisdictions in the top 15 include Austria, the United Arab Emirates, New Zealand, Hong Kong, Italy, Latvia, Malta, Portugal, and Greece, each offering varying combinations of economic opportunity, mobility, and quality of life.
It ranks countries where residence or citizenship pathways—through investment or merit—enable graduates to convert academic credentials into sustained career success.
The report underscores that while degrees from leading institutions remain valuable, long-term outcomes depend heavily on graduates’ ability to live and work in top economies, positioning residence and citizenship planning as a strategic factor in education and career decisions.
-- BERNAMA
Wednesday, March 25, 2026
Bitget Challenges the Definition of an Exchange With New Brand Film
The film presents a unified trading environment where cryptocurrencies, stocks, forex, commodities, and precious metals are accessible through a single, unified account. It reflects a broader evolution in how users engage with markets, as activity increasingly spans multiple asset classes shaped by global macro conditions.
Recent market dynamics have highlighted the interconnected nature of financial assets. Movements in interest rates, commodities, currencies, and equities are increasingly linked, prompting users to look beyond single-market strategies. The brand film captures this shift, positioning Bitget's UEX as an environment designed to support cross-asset participation within one system.
"What an exchange is supposed to look like hasn't been questioned," said Gracy Chen, CEO of Bitget. "Users are approaching markets differently, they are focused on opportunities across assets, and platforms need to reflect that. What we've built with UEX shows our commitment to bring the TradFi, crypto and universal assets under one roof."
The platform is built around Crypto and TradFi tabs side by side, enabling users to view and access a range of markets without moving between separate accounts or interfaces. Rather than focusing on individual asset classes, the UEX model aligns with a market environment where trading activity increasingly moves across assets in response to shared macro drivers. This approach allows users to respond to developments in one market while maintaining positions in others within the same system.
Within UEX, execution, capital allocation, and risk management are handled through a unified account structure. The film highlights four elements of the UEX experience: visibility across global markets, consistent execution supported by liquidity infrastructure, capital efficiency through a unified margin system, and an integrated ecosystem that includes trading tools and AI-supported features.
The release of the brand film reflects Bitget's expansion beyond traditional exchange models, bringing digital assets and traditional financial instruments into a unified trading environment. It closes with "Get the idea?" — less a tagline, more a quiet challenge to an industry still shaped by legacy assumptions, where the structure of exchanges has yet to catch up with the reality of how markets move.
To view the video, visit here.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c6218fca-4ea4-429c-a76c-d3b19d29b4f7
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA