economy, business and finance

Frost & Sullivan: Wood Coatings Market to Reach $33.34 Billion by 2032 as Sustainable and Premium Finishes Reshape Demand

CUPERTINO, Calif., Oct. 22, 2026 /PRNewswire/ -- Wood coatings have long followed the rhythm of housing starts and furniture demand, and construction activity still sets the pace for overall volumes in every major application. What is changing is where the value sits, as tighter rules on volatile organic compounds (VOCs), the spread of engineered wood and rising expectations around finish quality push manufacturers toward higher-performing and...

HLB Customers Can Now Scan & Pay in China with HLB QR Pay

KUALA LUMPUR, Malaysia, Oct. 22, 2026 /PRNewswire/ -- Hong Leong Bank ("HLB" or the "Bank") customers can now make direct QR payments in China using HLB QR Pay, powered by a strategic partnership with UnionPay International ("UPI"). Available at over 120 million UPI and Weixin Pay QR-enabled merchants in China spanning major retailers, restaurants, small businesses and individual merchants,...

Georgiamune and Menarini Group Enter Exclusive Global License and Collaboration Agreement for GIM-621, a First-in-Class Oral Immuno-Oncology Agent

FLORENCE, Italy and GAITHERSBURG, Md., Oct. 22, 2026 /PRNewswire/ -- The Menarini Group ("Menarini"), a leading international pharmaceutical and diagnostics company, and Stemline Therapeutics, Inc. ("Stemline"), a wholly-owned subsidiary of the Menarini Group focused on bringing transformational oncology treatments to cancer patients, along with Georgiamune Inc., a clinical-stage biotechnology company discovering and developing first-in-class...

SUNMI Launches Windows Commercial Product Family, Expanding Computing Choices for Intelligent Commerce

SINGAPORE, Oct. 22, 2026 /PRNewswire/ -- SUNMI Technology (06810.HK) today unveiled its new SUNMI Windows commercial product family at SUNMI Developer Conference 2026 (SDC 2026). The lineup comprises FLEX 3 WIN in 18.5-inch, 21.5-inch and 27-inch models, alongside T3 PRO WIN and T3 PRO MAX WIN. Marking SUNMI's first expansion into the x86/Windows commercial terminal market since 2013, the launch extends its product portfolio beyond Android-...

TraceLink Unveils Chorus to Integrate-Once™ Across Enterprise and Internet Data Sources with MCP or API Access

BOSTON, Oct. 22, 2026 /PRNewswire/ -- TraceLink, the world's largest Agentic Business Network, today announced Chorus, a new capability of the OPUS Agentic Supply Chain Operating System (ASCOS). Chorus extends TraceLink's Integrate-Once™ approach beyond traditional business transaction exchange, enabling human teams and governed OPUS Agents to access information and perform approved work across enterprise applications, partner systems, and...

Hilco Global Unmasks First Super Hero Identities, Franchise Details for Sale of the Omniverse Collection, Created by the Legendary Stan Lee

NEW YORK, Oct. 22, 2026 /PRNewswire/ -- The Hilco Global IP Services practice today officially released the first additional details about its offering of the Omniverse Collection, created by Stan Lee. The portfolio includes more than 200 characters, story worlds, trademarks and other largely unexploited creative assets. Three properties will stand out for many buyers: The Femizons, Slam-Girl, and The Accuser. Offers are due by 12:00 noon ET,...

Xona Raises $250 Million as Part of Mission to Upgrade GPS: NYSE Content Update

NEW YORK, Oct. 22, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.  Kristen Scholer delivers the pre-market update on October 22ndXona reaches $2.45 billion valuation following Series DThe round comes days after the company launched six satellites into...

Cuttable relaunches as the AI ad platform that learns, backed by a $20 million Series A

MELBOURNE, Australia, Oct. 22, 2026 /PRNewswire/ -- Melbourne-founded Cuttable has relaunched its platform to show brands which ads to run next, built from their own results, catalogue and creative, backed by A$20 million in Series A funding led by Airtree Ventures. Square Peg, which led Cuttable's seed round, returned for the Series A alongside existing investors Rampersand and Glitch Capital.

IBM and Scuderia Ferrari HP Expand AI-Powered Fan Experience Ahead of the United States Grand Prix

ARMONK, N.Y., Oct. 22, 2026 /PRNewswire/ -- As Formula 1 returns to Austin's Circuit of the Americas for this weekend's United States Grand Prix, IBM (NYSE: IBM) and Scuderia Ferrari HP are introducing new AI-powered features to the Scuderia Ferrari mobile app. Built using IBM Bob and IBM Consulting Advantage, the new and enhanced features offer even more ways for fans to engage with each other and the team they love, creating a definitive...

Rockwell Automation Expands FactoryTalk Conductor with NVIDIA Nemotron Support

MILWAUKEE, Oct. 22, 2026 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced support for NVIDIA Nemotron open models within FactoryTalk® Conductor™, its AI-native orchestration platform for industrial automation. Building on the recent introduction of FactoryTalk Conductor, support for NVIDIA Nemotron models expands deployment...

Entuity Software from Park Place Technologies Launches AI Accelerator and Cooling Monitoring Across AMD, Intel, and NVIDIA

CLEVELAND, Oct. 22, 2026 /PRNewswire/ -- The newest release of Entuity Software™ from Park Place Technologies offers users unprecedented oversight of GPU and cooling infrastructure – the only infrastructure monitoring and management solution capable of doing so across three major vendors.Entuity V23.0 P03 now monitors GPUs from AMD®, Intel®, and NVIDIA®, alongside the servers, interconnect fabrics and liquid cooling systems that keep AI...

Hikvision launches the Quick Pass to simplify people and vehicle access control

HANGZHOU, China, Oct. 22, 2026 /PRNewswire/ -- Hikvision, a global leader in the AI-powered Internet of Things (AIoT), has launched Quick Pass, a comprehensive access control solution designed to simplify people and vehicle access management across residential and commercial environments. By bringing pedestrian and vehicle entry into one solution, it reduces complexity while delivering faster access, stronger security, and simpler day-to-day...

PRC-Saltillo Acquires Ner Chat, Bringing Minspeak® Symbols to Glint Visual Support Platform

WOOSTER, Ohio, Oct. 22, 2026 /PRNewswire/ -- PRC-Saltillo, a global leader in augmentative and alternative communication (AAC), today announced the acquisition of Ner Chat, creator of Glint, a visual-support creation platform that helps educators and specialists turn hours of visual-support preparation into seconds.

EDGE Markets on Track to Process $2 Billion This NFL Season as Fans Embrace 24/7 Trading

NEW YORK, Oct. 22, 2026 /PRNewswire/ -- EDGE Markets, a financial services company purpose-built for prediction markets, gaming, and crypto, today announced it expects to process more than $2 billion in transactions this NFL season, outpacing the $1.2 billion EDGE processed last season. The milestone follows the launch of EDGE Connect, which moves funds in real time from EDGE Boost to partner prediction markets.

Newborn Town Revenue Expected to Increase by Over 33% in the First Three Quarters, with Share Buybacks and Cancellations Over HK$150 Million in 2026

HONG KONG, Oct. 22, 2026 /PRNewswire/ -- Newborn Town Inc., the leading global social entertainment company, released its unaudited operating data for the first three quarters of 2026. For the nine months ended 30 September 2026, the company's total revenue is estimated to reach approximately USD 927 million to USD 948 million, reflecting a year-on-year increase of approximately 33.8% to 36.8%, driven by growth across both its social...

Bonree Advances AI-Native Observability and Global Expansion, Reinforcing Its Leadership in China’s APMO Market

KUALA LUMPUR, Malaysia and SINGAPORE and HONG KONG, Oct. 22, 2026 /PRNewswire/ -- Bonree Data Technology Co., Ltd. ("Bonree"; SSE: 688229) ranked No. 1 in China's Application Performance Management and Observability (APMO) market in the first half of 2026, with a 22.1% market share, according to the IDC China Semiannual IT Artificial Intelligence Operation Software Tracker, H1 2026. Building on its market position in China, Bonree continues to...

Asia-Pacific’s Autumn Travel Boom Sees Rising Demand for Emerging Destinations

SINGAPORE, Oct. 22, 2026 /PRNewswire/ -- Emerging destinations across Asia-Pacific are seeing strong booking growth this autumn, as travellers explore a wider range of cities across the region. New data from Trip.com Group, a leading global travel service provider, reveals Chiang Mai (+84.3%), Surabaya (+63.1%) and Busan (+62.7%) among the fastest-growing cities, while Japan dominates the world's autumn foliage spots, securing 11 of the top 12...

Innodisk Launches All-in-One GMSL2™ Camera Starter Kit to Accelerate Edge AI Vision Deployment

TAIPEI, Oct. 22, 2026 /PRNewswire/ -- Innodisk, a leading global AI solution provider, today announced the Innodisk GMSL2™ Camera Starter Kit, an all-in-one vision solution that bundles four 3MP GMSL2™ camera modules, a capture card, FAKRA cables, and other necessary accessories. A milestone in Innodisk's edge AI vision strategy, the kit lets customers set up a multi-camera system and begin...

Arclin Announces Strategic Expansion of Nomex® Manufacturing Capacity

ALPHARETTA, Ga., Oct. 22, 2026 /PRNewswire/ -- Arclin, a leading materials science company, today announced a multimillion-dollar investment to expand floc production capacity at its Asturias, Spain facility, marking an important step in the company's strategy to invest in the long-term growth of the Nomex® business and enhance supply for customers around the globe.

Tairex Launches Multi-Agent AI System to Transform Clinical Collaboration and Decision Support

BEIJING, Oct. 22, 2026 /PRNewswire/ -- Tairex, an AI healthcare technology company incubated by the Institute for AI Industry Research (AIR) at Tsinghua University, unveiled on October 21 the Multidisciplinary Human-Agent Collaboration (MHAC) Ecosystem for Agent Hospital, designed to enable specialized AI agents to work alongside physicians on clinical cases. While AI systems have become increasingly capable of addressing individual clinical...

TerraPay Verify integrates with Kinexys by J.P. Morgan’s Liink network for Global Payee Verification

LONDON and DUBAI, UAE, Oct. 22, 2026 /PRNewswire/ -- TerraPay, a global money movement company, today announced it has integrated TerraPay Verify, its payee verification solution, into Kinexys by J.P. Morgan's Liink Confirm application, enabling participants on the Kinexys Liink network and TerraPay Verify clients to validate bank account and digital wallet details across a broad range of global markets.

Poq is now a Shopify Certified Technology Partner

LONDON, Oct. 22, 2026 /PRNewswire/ --  poq, the native mobile app platform for retail brands, today announced it has been recognised as a Shopify Certified Technology Partner. Shopify's certification is reserved for app partners that meet Shopify's standards for quality, security, performance and support. poq is now listed in the Shopify Technology Partner Directory and the Certified Technology Partner App Store Collection, making it easier...

Bybit AI Empowers Users with Their Personal Financial Edge, Adding Personalization and Memory

DUBAI, UAE, Oct. 22, 2026 /PRNewswire/ -- Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has announced new personalization and memory features for Bybit AI, its in-app intelligent conversational layer. Bybit AI now builds a profile from each user's assets, positions, behavior and risk profile, connecting wealth, markets and trading across the Bybit ecosystem.Launched in September, Bybit AI organically...

Durabook Introduces the R12 Rugged Tablet Active Edge AI Platform

TAIPEI, Oct. 22, 2026 /PRNewswire/ -- Durabook, the global rugged mobile solutions brand owned by Twinhead International Corporation, today announced its new R12 Rugged Tablet active edge AI platform. With the Intel® Core™ Ultra Series 3 CPU, the R12 Rugged Tablet delivers exceptional computing power with enhanced AI performance, energy efficiency, and multitasking capability. It is well-suited to teams from defense, public safety, and...

Nuix Launches Agentic AI in Nuix Neo with Audit Trail Built In

SYDNEY, Oct. 22, 2026 /PRNewswire/ -- Nuix (ASX: NXL), a provider of investigative analytics and intelligence software, today launched the Nuix Neo AI Agent. Nuix software analyses large volumes of unstructured data, such as emails and chats, for high-stakes legal, regulatory and criminal matters and compliance monitoring. The AI Agent answers plain-language questions, links each answer to its source and records the steps it takes, helping...

Casio to Release Analog G-SHOCK Watches Inheriting the Functional Beauty of the Original Digital Model

TOKYO, Oct. 22, 2026 /PRNewswire/ -- Casio Computer Co., Ltd. announced today the release of the latest additions to the family of G-SHOCK shock-resistant watches. The new GMC-2500 and GAC-2500 bring the functional beauty of the first-ever G-SHOCK to an analog design.G-SHOCK made its debut in 1983 with the DW-5000C, created around the concept of a watch that would not break even if dropped. Since then, the brand has continued to evolve with...

Forrester’s 2027 Asia Pacific Predictions: One In Three Large Enterprises Will Face A Shadow AI Agent Governance Problem

SINGAPORE, Oct. 22, 2026 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) 2027 Asia Pacific predictions, one in three large Asia Pacific (APAC) enterprises will uncover at least 10 employee-built shadow AI agents for every officially sanctioned agent. The rapid proliferation of shadow AI, combined with embedded SaaS capabilities, business-funded experiments, and locally selected AI platforms, will outpace institutional controls and...

Side Acquires Boutique Art Studio Roboto Entertainment in Creative Services Push

CHENGDU, China, Oct. 22, 2026 /PRNewswire/ -- Leading games services provider, Side, today acquired the boutique games art studio, Roboto Entertainment, strengthening its global art capabilities and presence in mainland China. Roboto Entertainment founder and industry veteran, Andrea Cordella, will lead Side's global art division and act as studio head for the new Chengdu site. His team will work closely with Side Shanghai as well as Side's...

Forrester’s 2027 B2C Marketing, CX, And Digital Predictions: Rising AI Costs Will Force B2C Leaders To Scale Back A Third Of AI Initiatives

SINGAPORE, Oct. 22, 2026 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) 2027 B2C marketing, customer experience, and digital predictions, rising AI costs will force B2C marketing leaders to scale back a third of AI initiatives. As AI usage grows and martech vendors increasingly adopt usage-based pricing models, every agent interaction, generated asset, and automated workflow becomes a billable event. As a result, leaders will need to...

Forrester’s 2027 B2B Go-To-Market Predictions: AI Agents Will Influence 75% Of B2B Purchase Decisions

SINGAPORE, Oct. 22, 2026 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) 2027 B2B go-to-market predictions, business buyers will increasingly deploy AI agents to handle tasks across the buying process, from supplier discovery and information gathering to contract-renewal analysis. While truly autonomous buying will remain concentrated in high-volume, low-risk, and repeatable purchases, the ubiquity of these agents will require...

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