Biz.News
Thursday, June 11, 2026
Bitget Makes Professional US Stock Market Data Free
VICTORIA, Seychelles, June 12 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has introduced free Level 2 market data for US stocks, becoming one of the first trading platforms to offer professional-grade market depth information to eligible users at no additional cost.
Level 2 market data has historically been associated with professional trading desks and institutional participants due to the cost of exchange data licensing. By making these tools available to eligible users at no additional cost, Bitget is lowering one of the longstanding barriers between retail and professional market access, while providing deeper visibility into order flow and liquidity conditions.
The feature provides access to Nasdaq TotalView and Blue Ocean market data feeds, offering up to 40 levels of bid and ask depth, depth charts, and real-time trade information across US pre-market, regular trading hours, after-hours, and overnight sessions. Eligible users who qualify for VIP 1 through trading volume or VIP 3 through asset holdings can access the service free of charge, amounting to annual savings of up to $276 compared with traditional market data subscriptions.
The launch follows the announcement of Bitget's Stocks 2.0, which has expanded access to equities, ETFs, stock perpetuals, tokenized assets, and multi-asset trading tools. As the lines between crypto and traditional markets continue to blur, traders increasingly expect the same level of market intelligence and execution tools regardless of asset class.
“Crypto makes financial opportunities more open and accessible,” said Gracy Chen, CEO of Bitget. “In traditional markets, data and insights come at a premium. We’re eradicating that by making professional grade stock market data available to our users, who can now access tools that were once limited to a small segment of the market.”
This further expands Bitget's Universal Exchange vision, where crypto assets and tokenized financial instruments live together, operating within a unified trading environment. By combining professional-grade market infrastructure with multi-asset access, Bitget continues building toward a trading experience where users can navigate global markets from a single platform.
For more information, 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
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6d83c5a1-52e2-4800-bed7-53748ef2b0d9
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
SMARTSTREAM CUTS CTSL RECONCILIATION TIME TO UNDER FIVE MINUTES
In a statement, Smartstream said the implementation delivers a fully automated, straight-through reconciliation workflow, enabling CTSL to improve operational efficiency, accuracy and auditability.
“This go-live demonstrates how AI-driven data automation can address complex data structures and file formats, delivering measurable efficiency gains and improved accuracy. We look forward to continuing our partnership with CTSL as their needs evolve,” said Smartstream Regional Director, APAC, Radha Pillay.
Meanwhile, Comrade Trustee Services General Manager Member Services, Freddy Manihoru said moving to Smartstream’s Air had transformed the company's reconciliation processes.
“What was previously a highly manual and complex process is now fully automated, enabling us to accurately manage our members' contributions and ensure that no contributions are missed or inconsistent,” he said.
According to Smartstream, CTSL operates in a complex data environment, reconciling multiple file types, including fixed-length files and PDFs that require advanced matching logic.
CTSL adopted Air for its ability to handle diverse data structures, custom integrations and ETL-based transformations, delivering high automation and match rates while replacing manual data collection and Excel pre-processing.
Smartstream said Air uses AI to automate reconciliations, improve match rates and provide full auditability across complex and high-volume data environments, supporting scalability, control and operational resilience.
-- BERNAMA
Monday, June 8, 2026
MAVENIR, TEXTNOW WIN BEST MVNO AND INDUSTRY COLLABORATION AWARD
KUALA LUMPUR, June 9 (Bernama) -- Software company Mavenir and TextNow, an ad-supported wireless service provider in the United States (US), have jointly won the Best MVNO and Industry Collaboration award at the MVNOs World Awards in Amsterdam.
According to a statement, the award recognises the companies' collaboration in redefining real-time entitlement control for freemium, ad-supported and paid mobile services operating at scale across the US and Canada.
“This award is a testament to what becomes possible when BSS and Core are truly integrated. TextNow pushed the boundaries of what an MVNO can be, and Mavenir's architecture rose to meet that ambition,” said Mavenir Chief Executive Officer (CEO), Pardeep Kohli.
Meanwhile, TextNow CEO, Derek Ting said Mavenir's integrated platform gave the company real-time control over the customer experience while improving operating efficiency at scale.
Mavenir's integrated Business Support System (BSS), Converged Charging System (CCS), Packet Core and IP Multimedia Subsystem (IMS) were deployed as a unified control plane, enabling real-time enforcement of entitlement changes such as ad engagement, SIM activation, plan upgrades and quota exhaustion.
The deployment increased eSIM activations from two per cent to 94 per cent of all new activations within six months, while the number of paid wireless subscribers more than doubled year on year.
In addition, the deployment, built on a 5G-first, active-active geo-redundant design, delivers 99.999 per cent availability for carrier-grade operations.
A no-code and low-code configuration model has accelerated time-to-market by decoupling offer creation from engineering cycles, while direct SIM ownership enabled wider eSIM adoption and improved the customer activation process.
-- BERNAMA
NORTH ATLANTIC FRANCE TO LAUNCH TENDER OFFER FOR REMAINING NORTH ATLANTIC ENERGIES SHARES
KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)
The announcement follows North Atlantic France's acquisition of an 82.89 per cent stake in the company, formerly known as Esso S.A.F., which was completed on Nov 28, 2025, at a price of 26.19 euros per share.
In a statement, the company said it will not seek to implement a squeeze-out procedure as part of the offer, allowing remaining shareholders to retain their holdings if they choose not to tender their shares.
North Atlantic France said the offer will be filed with the Autorité des marchés financiers (AMF) after the completion of an independent expert's review.
Offer documentation, including the independent expert's fairness opinion on the financial terms of the transaction, will be submitted to the AMF for approval. The offer will open only after the AMF issues its compliance decision.
North Atlantic France is part of Canada-based North Atlantic, an energy and fuel distribution company with operations spanning fuel retail, wholesale distribution and marine bunkering services.
-- BERNAMA
Sunday, June 7, 2026
Bering Lab Joins AI Accelerate Winter Cohort 2026 To Expand In Southeast Asia
CGTN: China-Africa ties at 70: From shared struggles to a common dream of modernization
BEIJING, June 3 (Bernama-GLOBE NEWSWIRE) -- This year marks the 70th anniversary of China-Africa relations. CGTN has published an article highlighting Africa's priority role in China's overall foreign policy, while tracing how the China-Africa partnership has been forged and strengthened over decades. The article also explores how deepening cooperation in recent years has helped enhance the voice and representation of the Global South, and contributed to advancing a more balanced and democratic international order.
Xi noted that over the past 70 years, China-Egypt relations have become a model of amity, solidarity and cooperation among developing countries, as well as a benchmark for cooperation between China and Arab states and between China and Africa.
Today, China-Africa relations have evolved from a friendship forged in shared struggles into a dynamic partnership dedicated to development, modernization and the rise of the Global South.
From solidarity to strategic partnership
The foundations of China-Africa friendship were laid during a period of profound political change.
From the 1950s to the 1970s, China firmly supported African countries in their struggles for national independence and liberation. African nations, in turn, played a decisive role in restoring the lawful seat of the People's Republic of China at the United Nations in 1971. Of the 76 votes cast in favor of the resolution, 26 came from African countries – laying a strong foundation for China-Africa mutual trust.
Earlier this year, Chinese Foreign Minister Wang Yi visited Africa, continuing a 36-year tradition of making the continent the destination of China's foreign minister's first overseas trip each year, highlighting the importance of China-Africa relations.
Over the past two decades, China-Africa cooperation has expanded rapidly. The establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000 provided an institutional framework for cooperation, while China's Africa policy of sincerity, real results, amity and good faith further guided bilateral relations. In 2015, the two sides elevated their ties to a comprehensive strategic cooperative partnership and launched the "Ten Cooperation Plans," setting a strong foundation for rapid modernization across the African continent.
At the 2024 FOCAC summit, China and Africa further upgraded their relationship to an all-weather community with a shared future for the new era. China also expanded duty-free access from 33 African countries to all 53 African countries with diplomatic ties by 2025, becoming the first major economy to grant unilateral zero-tariff treatment across all product categories to every African country with which it has diplomatic relations.
Humphrey Moshi, a prominent Tanzanian economist, described China-Africa cooperation as a significant example of Global South solidarity. He said such solidarity helps transform developing countries from "passive participants" into "active shapers" of international rules.
Advancing modernization through practical cooperation
While political trust forms the foundation of China-Africa relations, economic cooperation has become both the stabilizer and growth engine of the partnership.
According to data released by China's General Administration of Customs, China-Africa trade reached a record $348 billion in 2025, up 17.7% from the previous year, with China remaining Africa's largest trading partner for the 17th consecutive year. The momentum has continued into 2026. In the first quarter alone, China's trade with the African countries totaled 646.56 billion yuan ($92.2 billion), a year-on-year increase of 23.7%.
At the same time, the Belt and Road Initiative has reshaped connectivity across the continent by upgrading the railway system with projects such as the Tazara Railway and the Mombasa-Nairobi Standard Gauge Railway, which are flagship projects that set examples for high-quality Belt and Road cooperation between China and Africa.
According to China's Foreign Ministry, China has signed debt-relief agreements or reached debt-relief understandings with 19 African countries as of 2023, making it the largest contributor to debt-service suspension efforts under the G20 framework.
Meanwhile, China has trained tens of thousands of African professionals through scholarships, vocational training and educational exchange programs. As of June 2025, China has established 17 Luban Workshops across 15 African countries, while the China-Africa university cooperation plan, a higher education initiative pairing Chinese universities with African institutions, has connected 114 higher education institutions.
Paul Frimpong, executive director and senior research fellow of the Africa-China Centre for Policy & Advisory, said China's contribution to Africa's development is increasingly visible.
"China's sharing of knowledge, skills and experience in sectors such as manufacturing and green energy is having a profound impact on Africa's journey toward modernization and self-reliance," he added.
https://news.cgtn.com/news/2026-05-30/China-Africa-ties-at-70-Path-to-a-shared-dream-of-modernization-1NzbT7rDWhy/p.html
CGTN Digital cgtn@cgtn.com
SOURCE: China Global Television Network Corporation
--BERNAMA
Best’s Market Segment Report: AM Best Maintains Outlook on Philippines’ Non-Life Insurance Segment at Stable
SINGAPORE, June 3 (Bernama-BUSINESS WIRE) -- AM Best has maintained its outlook on the Philippines’ non-life insurance segment at stable, citing in part robust growth prospects for the industry driven by economic expansion and a pipeline of large domestic infrastructure projects.
In its new Best’s Market Segment Report, “Market Segment Outlook: Philippines Non-Life Insurance,” AM Best also takes note of the country’s stabilised reinsurance capacity, the emergence of insurance pools to support underwriting capacity at the primary level, and a broadly supportive pricing environment. Another supporting factor is investment income, which is expected to remain bolstered by a robust domestic interest rate environment.
However, offsetting factors include macroeconomic uncertainty, a tighter monetary policy stance, and potential financial market volatility stemming from adverse geopolitical developments. “Another key potential headwind is the increasingly volatile weather conditions, which are placing significant pressure on non-life insurers and contributing to greater volatility in underwriting results,” said Susan Tan, senior financial analyst at AM Best and one of the authors of the outlook.
The Philippines’ economy is expected to grow at a rate of 4.1% in 2026, according to the International Monetary Fund. This marks a 1.5% decrease from a projection that the organisation issued in January.
The country’s non-regulatory landscape continues to develop, with a focus on financial resilience, transparency, and stricter accountability for public infrastructure risk. The mandatory adoption of Philippine Financial Reporting Standard 17 (PFRS 17), the Philippine equivalent of IFRS 17, remains on track for implementation on Jan. 1, 2027. In a move expected to have positive implications for capital management, the country’s Insurance Commission has expanded its definition of “admitted assets” to include real estate investment trusts (REITs) and selected structured products. This is expected to provide insurers with greater flexibility to meet their risk-based capital requirements.
According to the report, the Philippines’ non-life market continues to undergo pricing recalibration, particularly in property lines, driven by the need to address persistent inflation, rising claims costs, and the increasing frequency and severity of climate-related risks. “As a result, insurers are adopting more disciplined underwriting practices, emphasising stricter risk selection and data-driven pricing to better align premiums with underlying exposures,” said Victoria Ohorodnyk, senior director, AM Best.
While premium growth is positive, profitability remains exposed to volatility due to the country’s high exposure to natural catastrophes, such as typhoons, floods and earthquakes. The increase in net retention of catastrophe risks by primary insurers over recent periods has been a strategic response to balance high reinsurance costs with profitability targets.
To access a complimentary copy of this report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=365204.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260528606476/en/
Contact
Susan Tan
Senior Financial Analyst
+65 6303 5023
susan.tan@ambest.com
Victoria Ohorodnyk
Senior Director, Analytics
+65 6303 5020
victoria.ohorodnyk@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Cynthia Ang
Senior Industry Research Analyst
+65 6303 5026
cynthia.ang@ambest.com
Source : AM Best
--BERNAMA