Cardumen Capital Strengthens Global Reach Through Its Taipei-Based APAC Partner Following NVIDIA’s Acquisition of Its Portfolio Company Illumex

Source: Media Outreach

Building on the acquisition of Illumex by NVIDIA, the firm validates its Seed-to-Exit thesis and reinforces its mission to bridge Asian capital with world-class DeepTech.

TAIPEI, TAIWAN – Media OutReach Newswire – 4 March 2026 – Cardumen Capital, a leading European DeepTech venture capital firm, today marks a pivotal milestone in its international momentum following the acquisition of its portfolio company, Illumex, by NVIDIA. This landmark exit further solidifies the firm’s strategic presence in the Asia-Pacific region and cements its 2019 vintage fund’s position as a leading performer within its vintage cohort.

A Seed-to-Exit Success Story

Cardumen Capital was Illumex’s first investor and led its 2021 seed round, supporting the company from inception through to exit. General Partners Gonzalo Martínez de Azagra and Igor de la Sota identified the startup’s potential at the seed stage, guiding it toward this landmark milestone.

“This acquisition validates our DeepTech thesis,” said Gonzalo Martínez de Azagra. “By backing visionary founders early, we demonstrate our ability to identify the core building blocks of the AI era.”

Igor de la Sota added: “The success of the Illumex exit underscores the global demand for robust data infrastructure in the age of Generative AI. We are proud to have supported the team from day one in building a platform that now sits at the heart of the world’s AI computing network.”

Strengthening the Bridge to Asia-Pacific

Illumex joining NVIDIA serves as a powerful catalyst for Cardumen Capital’s mission in Asia. Led by Taipei-based APAC Venture Partner Stan Yu, a serial entrepreneur turned venture capitalist, the firm is intensifying its efforts to bridge Asian strategic capital with world-class innovation hubs in Europe, Israel, and global DeepTech ecosystems.

“Building on this milestone exit to NVIDIA, we are seeing unprecedented momentum for our strategy in the APAC region,” said Stan Yu. “The journey of Illumex proves the caliber of opportunities we bring to our partners. From our base in Asia, we are uniquely positioned to facilitate these high-stakes connections, ensuring that Asian institutional capital has exclusive access to the next wave of transformative DeepTech and frontier innovations.”

As a pioneering venture capital firm with a dedicated partner presence in Taipei bridging the EMEA tech ecosystem, Cardumen Capital is uniquely positioned to drive cross-border synergies and deliver the performance expected by the institutional investment landscape in Asia.

https://www.cardumencapital.com/
https://www.linkedin.com/company/cardumencapital/posts/?feedView=all

Hashtag: #CardumenCapital #Illumex #NVIDIA #DeepTech #AI #VentureCapital #M&A #Taiwan

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/04/cardumen-capital-strengthens-global-reach-through-its-taipei-based-apac-partner-following-nvidias-acquisition-of-its-portfolio-company-illumex/

Save the Children – Children sleeping in cars and on the streets in Lebanon as families seek safety

Source: Save the Children

Families are sleeping in cars, in the street and in damaged schools seeking safety as the number of people displaced in Lebanon rises and with seven children reported killed, Save the Children said.

About 58,000 people, including an estimated 16,000 children have been displaced in Lebanon in the past three days according to the Ministry of Social Affairs due to Israeli airstrikes and forced displacement orders.
With media reports of an Israeli ground incursion more families are fleeing their homes. [1]
As armed conflict spreads in the wider region, Israeli strikes have reportedly killed 40 people including seven children in Lebanon and a further 246 injured since Saturday.[2] [3]
Save the Children is urgently calling for a cessation of hostilities to protect children from further harm. Save the Children is responding on the ground by distributing essential items such as blankets, mattresses, pillows, baby supplies, hygiene items and water to people that are displaced.
Nora Ingdal, Save the Children’s Country Director for Lebanon, said: “Our team is hearing cases of children across Lebanon sleeping in cars, on cold pavements, and in partially damaged classrooms with cracks in the walls, while parents are sitting on the side of the streets crying, exhausted from little sleep after being unable to get into proper shelters with their children.
“The buildings that they are finding and using as shelters are places no child should have to sleep in. Some of the schools housing families have water dripping through the walls from broken pipes, and there are no beds. These buildings are becoming increasingly crowded are not designed to house families.
“In the south, families attempting to flee are stuck in huge queues of traffic. The situation is pure chaos for those on the move. Journeys that should take an hour are now taking over 15. Parents are telling Save the Children staff how anxious they feel, as they smell smoke and see bombs and drones loom in the sky over them.
“I heard a 10-year-old ask her mother “Why are they attacking us?” Her mother was completely lost for words and unable to give any answer to her child. This isn’t a question any child should have to ask.
“Many of these children have been displaced before and are completely terrified, families are being forced to relive their trauma and have nowhere safe to go. With media reports of an Israeli ground incursion, families are glued to the news for any updates, but nothing is clear at the moment, and the future remains unknown for millions.
Every possible effort must now be taken to prevent further escalation and to safeguard children. There must be an end to the hostilities. All parties involved in the conflict must uphold their obligations under international humanitarian law. Children must be protected at all times.”
SOURCES:
[1] Lebanon Ministry of Social Affairs
[2] Lebanon Ministry of Social Affairs
[3] UNICEF Lebanon
Notes:

There are no cooking facilities in the shelters currently and toilet and washing facilities very minimal. Families are being forced to share toilets in schools meant for children in schools.
One school Save the Children is responding in is meant for 130 students but there are already over 230 people sleeping there with the number rapidly rising.
Rents have almost tripled overnight, with people being forced to stay with friends and relatives.
All Save the Children staff in Lebanon have been affected. Some have had to flee with their own families during the night. They have barely slept, yet they still show up for work to help others with many fasting for Ramadan.  

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/04/save-the-children-children-sleeping-in-cars-and-on-the-streets-in-lebanon-as-families-seek-safety/

New Zealand and Uruguay: Natural partners

Source: New Zealand Government

New Zealand and Uruguay have reaffirmed their natural partnership as small, open democracies, Foreign Minister Winston Peters says. 

“Today’s discussions in Montevideo have underlined that New Zealand and Uruguay have much in common, as small, export-oriented countries buffeted by global forces over which we have little control,” Mr Peters says. 

“In these uncertain and challenging times, it’s vital that small, like-minded countries such as New Zealand and Uruguay work together to protect and advance our mutual interests. 

“We should be promoting democracy, human rights and the international, rules-based system, and deepening our long-standing and mutually beneficial bilateral cooperation. There is broad scope for doing more together, including on trade policy, education, sport, science and culture.”

Mr Peters held official talks today with Uruguay’s President Yamandú Orsi and Foreign Minister Mario Lubetkin – after which the two Foreign Ministers released a Joint Statement. Mr Peters is accompanied in Uruguay by a Parliamentary and business delegation. 

“Our discussions with the President and Foreign Minister highlighted how much Uruguay welcomes the significant New Zealand business engagement here – and the potential for this to grow further, especially in high value-added sectors, such as forestry and agribusiness technology. Uruguay and New Zealand also have an abiding interest in trading arrangements that boost exports,” Mr Peters says. 

“We also talked about major international issues, including developments in Iran, Ukraine, and Venezuela and the geo-strategic environments in both Latin America and the Indo-Pacific.”           

Mr Peters will also attend a New Zealand-Uruguay friendship dinner in Montevideo tonight where he and the accompanying business and parliamentary delegation will meet and exchange perspectives with government officials and private sector representatives. He will also acknowledge the contribution of New Zealand Honorary Consul to Uruguay, Ricardo Shaw, for his 13 years of distinguished service.

Mr Peters and the Parliamentary and business delegation leave for Brazil tomorrow, before programmes later in the week in Chile (Santiago and Rapa Nui) and French Polynesia.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/04/new-zealand-and-uruguay-natural-partners/

Live: Israel’s army ordered to seize territory in Lebanon, Trump vows to ‘cut off all trade’ with Spain over Iran

Source: Radio New Zealand

Follow the latest with our live blog above

Fresh strikes have hit half a dozen countries across the Middle East in the widening conflict surrounding Iran.

The latest blasts were reported in Iran, Israel, Lebanon, Bahrain, Qatar and the United Arab Emirates, as Israel urged countries to cut ties with Iran.

Israel said its air force had launched a new “large scale” wave of strikes “targeting the Iranian terror regime’s infrastructure in Tehran”, following the latest salvo of missiles fired from Iran, including in Tel Aviv and in several sites in central Israel.

Iran, in turn, appealed to the UN Security Council to step in, while warning of more intense attacks on US forces and Israel as the war raged for the fourth day.

Iranian drones struck the US embassy in Saudi Arabia after previously hitting the mission in Kuwait.

In Lebanon, air strikes hit Beirut’s southern suburbs, an area where Hezbollah holds sway, while Hezbollah said it had targeted a military facility in Israel in response.

Israel ordered its forces to take control of more positions inside Lebanon to create a buffer zone, and the Lebanese army pulled back some of its forces.

Explosions were also heard in the Bahraini and Qatari capitals of Manama and Doha.

The International Atomic Energy Agency said a key Iranian nuclear site, Natanz, was damaged, but “no radiological consequence” was expected.

The UN refugee agency said the escalation of hostilities has displaced at least 30,000 people in Lebanon, and the Iranian Red Crescent said more than 780 people have been killed nationwide.

Follow the latest with our live blog at the top of this page.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/04/live-israels-army-ordered-to-seize-territory-in-lebanon-trump-vows-to-cut-off-all-trade-with-spain-over-iran/

Live: Israel launches fresh strikes on Iran and Beirut

Source: Radio New Zealand

Follow the latest with our live blog above

Fresh strikes have hit half a dozen countries across the Middle East in the widening conflict surrounding Iran.

The latest blasts were reported in Iran, Israel, Lebanon, Bahrain, Qatar and the United Arab Emirates, as Israel urged countries to cut ties with Iran.

Israel said its air force had launched a new “large scale” wave of strikes “targeting the Iranian terror regime’s infrastructure in Tehran”, following the latest salvo of missiles fired from Iran, including in Tel Aviv and in several sites in central Israel.

Iran, in turn, appealed to the UN Security Council to step in, while warning of more intense attacks on US forces and Israel as the war raged for the fourth day.

In Lebanon, air strikes hit Beirut’s southern suburbs, an area where Hezbollah holds sway, while Hezbollah said it had targeted a military facility in Israel in response.

Israel ordered its forces to take control of more positions inside Lebanon to create a buffer zone, and the Lebanese army pulled back some of its forces.

Explosions were also heard in the Bahraini and Qatari capitals of Manama and Doha.

The International Atomic Energy Agency said a key Iranian nuclear site, Natanz, was damaged, but “no radiological consequence” was expected.

The UN refugee agency said the escalation of hostilities has displaced at least 30,000 people in Lebanon, and the Iranian Red Crescent said more than 780 people have been killed nationwide.

Follow the latest with our live blog at the top of this page.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/04/live-israel-launches-fresh-strikes-on-iran-and-beirut/

New Zealander in Abu Dhabi: ‘It’s a little bit hairy, but so far, so good’

Source: Radio New Zealand

A plume of smoke rises from the Zayed Port following a reported Iranian strike in Abu Dhabi. AFP / RYAN LIM

A New Zealander living very near a military base in the Middle East which is critical to the US says he feels safe enough for the moment – but his family has an overland evacuation plan just in case.

The US State Department today issued a “depart now” warning to Americans living in more than a dozen locations in the Middle East.

A number of Arab states that host strategic American assets have been targeted by Iran in the wake of the US-Israel lead attack against the Islamic republic.

Bahrain, Qatar, Kuwait and Saudi Arabia have all been hit.

Just outside the UAE capital of Abu Dhabi is a military base that hosts US troops that has reportedly been a target of retaliatory strikes.

Jordon Buchanan, his wife and two young children moved to Abu Dhabi about 10 months ago to expand his construction recruitment business, and now find themselves in a conflict zone.

Buchanan told Checkpoint that the family was woken up about 2.30am this morning by some loud shockwaves, but the defence system in the area was very good.

“It’s a little bit hairy, being out of your control. But so far, so good, they seem to be intercepting everything, pretty much.”

He said the blasts started on Saturday, but Monday was fairly quiet.

“We heard one sound in the morning, but then nothing, and people were going about their business. The government has basically said ‘continue on as normal’, the public and private sector have been told to stay at home and work for the next three days.”

He said while it currently felt very safe, there is a contingency plan to drive to Oman – about two hours away – if they need to get out of the region.

“There is a big group of New Zealanders and Australians that live in our local community and we’re just going to go in a big convoy together if things start to get more hairy, but for now, no-one I know has actually left the country or tried to escape.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/new-zealander-in-abu-dhabi-its-a-little-bit-hairy-but-so-far-so-good/

Live: Australia’s Middle East military HQ hit in Iranian drone attack, Qatar halts LNG production

Source: Radio New Zealand

Follow the latest with our live blog above

US President Donald Trump is warning ‘a big wave’ of strikes against Iran is yet to come.

Speaking to CNN, Trump said the US hasdn’t even begun to hit the Iranian regime hard.

Missile strikes continued to fly over the Middle East overnight, with multiple countries threatening escalation of the ongoing conflict.

Top members of the Trump administration have spoken publicly about ‘Operation Epic Fury’ for the first time at a Pentagon press conference. The US said the goal of the war was not regime change, despite the deaths of top Iranian leaders, including Supreme Leader Ayatollah Ali Khamenei.

US Defense Secretary Pete Hegseth said the United States was not ruling out any options in the war, but promised, “This is not Iraq … This is not endless”.

Meanwhile, Iran said it was ready for a “long war” and has targeted US military bases in other Gulf states.

Kuwait said it accidentally shot down “several” US military aircraft in friendly fire.

Iran-backed Hezbollah and Israel continue to trade blows, prompting the Lebanese government to ban Hezbollah’s military and security activities and call on the group to hand over its weapons to the state.

Trump has said he envisages the conflict could last four weeks.

Follow the latest with our live blog at the top of this page.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/live-australias-middle-east-military-hq-hit-in-iranian-drone-attack-qatar-halts-lng-production/

Opposition leader Chris Hipkins says US-Israel strikes illegal

Source: Radio New Zealand

The Prime Minister admitted he “misspoke” when he said New Zealand supported “any actions” to prevent Iran having nuclear weapons.

The Prime Minister has admitted he “misspoke” when he said New Zealand supported “any actions” to prevent Iran having nuclear weapons.

Christopher Luxon also said New Zealand will not join the conflict.

At his post-Cabinet press conference on Monday, Luxon said successive governments have had a longstanding position that any action that stopped Iran from getting a nuclear weapon, from sponsoring terrorism, and from stopping them killing there own people was “a good thing.”

On Tuesday, Luxon described his comments as meaning New Zealand had long supported actions to prevent Iran from getting “its hands on nuclear weapons” and actions to stop the country sponsoring terrorism and repressing its people, but said “obviously, not any action.”

He said that was any action, but not “at any cost.”

Referring to the example raised of carpet bombing Iran, Luxon said “clearly that is not what we want to see.”

When asked how he made the error, given he repeated “any action” multiple times on Monday, Luxon said “I just said to you, I misspoke,” and passed on apologies.

Labour leader Chris Hipkins believes the strikes were illegal. RNZ / Mark Papalii

Labour leader Chris Hipkins said it was good that the Prime Minister had admitted he misspoke.

“Words matter – to quote our Foreign Affairs Minister – and in this particular instance words matter a great deal,” Hipkins said.

“Adherence to international law shouldn’t be a matter of discretion, it should be something we expect all countries to adhere to.”

“It’s a no” – Luxon rules out New Zealand joining strikes

Asked whether New Zealand would join the United States in this instance, Luxon confirmed it would not.

“It’s a no from me, and we haven’t been asked to, and I think we’re unlikely to do so as well.”

Luxon reiterated his comments from Monday, in which he said New Zealand was not party to the information that led to the strikes, and would also not speak about US President Donald Trump’s judgement when it came to conflict.

Hipkins welcomed the Prime Minister’s decision to rule out joining in the United States’ actions.

“I would prefer that the New Zealand government continued to take a very principled stance in saying we’re actually opposed to this bombing campaign, because it is a violation of international law, and New Zealand has a lot of reasons to want the rest of the world to be adhering to international law”

Iran and Israel have continued to trade strikes since joint US and Iran airstrikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday.

US President Donald Trump has warned that bigger strikes are to come, and says the conflict could drag out longer than the four to five weeks he initially planned.

New Zealanders in Iran are urged to leave if it is safe to do so, and register on SafeTravel.

Luxon confirmed that 2150 New Zealanders were registered.

On Morning Report, Hipkins disagreed with the Prime Minister’s stance that it was not New Zealand’s place to comment on the legality of the strikes.

Hipkins said he believed the strikes were illegal.

“I think New Zealand government seems to be moving away from what has been a long-standing and principled approach to these issues,” he told Morning Report.

“We have been very clear that we think international law matters, and that all parties to these sorts of conflicts should follow international law. That’s not the case here.”

He said it is important that our government speaks with authority and in favour of international law.

“New Zealand’s government should stand up for the international system of rules that we rely on for our own security as a country,” Hipkins said.

“If the situation becomes that the countries with the most power can do whatever they like regardless of what international law says, that’s very bad news for a small country like New Zealand.”

Green Party co-leader Marama Davidson said the latest conflict in the Middle East endangered the rules-based order New Zealand relied on.

“The idea that we can start encouraging and allowing other countries to invade just because we don’t like their leaders is an incredibly dangerous take for this Prime Minister to support.

“He needs to be up front and declare whether he supports the rule of law, whether he supports countries in the world just willy nilly being able to decide, on vibes, whether they can invade or not.

“That’s really dangerous. That puts us and regions of the world in a really unsafe position.”

ACT leader David Seymour. RNZ / Mark Papalii

Deputy Prime Minister and ACT leader David Seymour is backing Luxon’s stance on the US-Israel attacks on Iran.

“One thing he’s noted that’s important is that New Zealand does not have all of the information that the US and Israel have used to justify their actions,” he told RNZ’s First Up on Tuesday. “So, we could spend a lot of time with New Zealand trying to be precise in its position, but I don’t think that’s what the world’s waiting for.”

He said as a result of the strikes, Iranian girls will have an opportunity to “dress as you like, go to school, do things that are normal rights that have been withheld from them by this regime”.

“And finally, for them in Iran and also for all of us around the world, it’s critical that trade is able to continue and resume so that we don’t face price shocks and even more economic peril. Those are the things that I think are important.”

Seymour would not say if he expected advance warning from allies like the UK if New Zealand troops at allies’ bases in the region were in danger.

“That’s something that we constantly talk about with our allies, but I think it’s safe to say that whatever we may or may not be doing won’t be helped by me announcing it on New Zealand radio…

“Clearly, the safety of New Zealand personnel is critical, and whatever moves might or might not be afoot, we’re not going to discuss publicly.”

Foreign Affairs Minister Winston Peters said New Zealand was not given any advance notice of the attack on Iran, and has again urged New Zealanders to leave if it is safe to do so.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/opposition-leader-chris-hipkins-says-us-israel-strikes-illegal/

Closer cooperation with Argentina

Source: New Zealand Government

New Zealand and Argentina have agreed to cooperate more closely, Foreign Minister Winston Peters says.

“Our discussions today have underlined that both New Zealand and Argentina are working hard to make our economies more efficient in order to deliver more jobs and higher living standards through export growth,” Mr Peters, who met President Javier Milei and Foreign Minister Pablo Quirno, says.

“Argentina has achieved an impressive economic turnaround and government reform in recent years, and New Zealand companies can and should be among those to do more here.” 

Mr Peters is currently leading a Parliamentary and business delegation through Latin America. The Parliamentary delegation visited Argentina’s National Congress, and called on its New Zealand Parliamentary Friendship Group. 

This is the first visit to Argentina by a New Zealand Foreign Minister since Mr Peters last came in 2007. 

His discussions with President Milei and Foreign Minister Quirno also involved dialogue on the uncertain international environment and recent global developments.

“We spoke about a range of issues of mutual interest, including the situation in Iran, the competitive strategic environment in both the Western Hemisphere and the Indo-Pacific, and the urgent need for reform of the UN system,” Mr Peters says. 

“Overall, today’s discussions demonstrated our growing business, education and people-to-people links with Argentina, while stressing our joint commitment to open, rules-based trade.”

Mr Peters and the Parliamentary and business delegations leave for Uruguay tomorrow, before programmes later in the week in Brazil, Chile (Santiago and Rapa Nui) and French Polynesia.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/closer-cooperation-with-argentina/

Live: Trump says ‘big wave’ in Iran is yet to come as conflict widens, Qatar halts LNG production

Source: Radio New Zealand

Follow the latest with our live blog above

US President Donald Trump is warning what he is describing as ‘a big wave’ of strikes against Iran is yet to come.

Speaking to CNN, Trump said the US hasn’t even begun to hit the Iranian regime hard yet.

Missile strikes continued to fly over the Middle East overnight, with multiple countries threatening escalation of the ongoing conflict.

Top members of the Trump administration have spoken publicly about ‘Operation Epic Fury’ for the first time at a Pentagon press conference. The US said the goal of the war was not regime change, despite the deaths of top Iranian leaders, including Supreme Leader Ayatollah Ali Khamenei.

US Defense Secretary Pete Hegseth said the United States was not ruling out any options in the war, but promised, “This is not Iraq … This is not endless”.

Meanwhile, Iran said it was ready for a “long war” and has targeted US military bases in other Gulf states.

Kuwait said it accidentally shot down “several” US military aircraft in friendly fire.

Iran-backed Hezbollah and Israel continue to trade blows, prompting the Lebanese government to ban Hezbollah’s military and security activities and call on the group to hand over its weapons to the state.

Trump has said he envisages the conflict could last four weeks.

Follow the latest with our live blog at the top of this page.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/live-trump-says-big-wave-in-iran-is-yet-to-come-as-conflict-widens-qatar-halts-lng-production/

Conflict in Iran shows ‘risk’ of government’s plan to import LNG as back-up to Taranaki facility

Source: Radio New Zealand

A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes on March 1, 2026. SAHAR AL ATTAR / AFP

A spike in the price of LNG because of conflict in Iran shows how risky the government’s plan to import the fuel as a back-up is, experts say.

The government said last month it would proceed with plans to build a liquefied natural gas (LNG) import facility in Taranaki, with the cost spread across all electricity users through a levy.

Energy Minister Simon Watts said that it would result in overall savings to households, because it would help to lower electricity premiums during dry years.

Traffic through the Strait of Hormuz – a crucial shipping route connecting the Persian Gulf with open ocean – has ground to a halt since the US and Israel launched strikes on Iran.

Alan Brent, chair of sustainable energy systems at Victoria University, said the strait was a “key choke-point” for the global energy market and its closure had prompted price spikes for many different fuels.

“LNG has been slower to respond than crude oil but it is up more than one percent already, just in the last few hours,” he said.

“The commentary that’s coming through is that they’re expecting this to be quite significant, especially for LNG.”

More than 100 billion cubic litres of LNG moved through the strait every year – roughly 20 percent of the global LNG trade, Brent said.

Energy Minister Simon Watts. RNZ / Samuel Rillstone

Goldman Sachs forecast price rises of 130 percent – more than double – if the disruption continued throughout March.

Both a Cabinet paper and a report commissioned by the four electricity gentailers warned that exposure to price shocks was a risk of proceeding with LNG imports.

“LNG-dependent markets saw extreme spikes in 2022 when Russia invaded Ukraine … illustrating the volatility imported into domestic bills,” the gentailer report said.

The government’s plan has been widely criticised, with even a report it commissioned last year finding that LNG should only be used as a last resort.

Energy advocates have pushed for the government to pursue alternatives, saying even burning a stockpile of coal at Huntly would be preferable.

Independent climate policy analyst Christina Hood said New Zealand already experienced the effect of petrol price shocks during periods of geopolitical turbulence.

“It’s a huge risk for the New Zealand economy to be exposing even more of our energy system to volatile international prices,” she said.

“That really worries me, and that risk analysis does deserve a re-think and we should be pivoting towards more stable, domestic energy sources.”

The government’s own analysis had found that using biomass pellets at Huntly was cheaper and had benefits for the local economy, she said.

That option was ruled out because, according to that analysis, it would take the longest to deliver.

Infometrics chief executive Brad Olsen said that “very quickly, the risks outlined around LNG access have come true”.

Infometrics chief executive Brad Olsen. RNZ / Samuel Rillstone

“Current events make it harder to immediately buy into why this LNG facility is likely the best option, because it has potentially fallen over at the first hurdle.”

It was true that high prices might not persist, he said.

“But if the whole idea of the LNG facility was to provide that short-term relief, well, if New Zealand hit a dry-year time and something’s happening in the Starit of Hormuz, then you’ve got a very expensive white elephant that might be sitting there.”

There was still time for the government to pivot to a different solution.

“From what I understand we haven’t signed commitments,” Olsen said.

“If there’s some real feeling of need around emergency supply in dry years, I do wonder if water take around the hydro lakes is a much more readily accessible option.”

There were environmental concerns to factor into that alternative, he said.

“But if you want to get stuff done quickly, then using the water in the lakes that’s already there … is going to be a lot easier.”

The government should also be telling those gentailers in which it held a majority stake to not return such a large dividend to the Crown, and instead invest it into renewables and other options to provide security of supply, he said.

Energy Minister Simon Watts’ office has been approached for comment.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/conflict-in-iran-shows-risk-of-governments-plan-to-import-lng-as-back-up-to-taranaki-facility/

US-Israeli strikes on Iran could last ‘weeks’, 48 Iranian leaders and 3 US soldiers killed

Source: Radio New Zealand

Follow the latest with our live blog above

Israel and the US have begun a fresh waves of strikes on Iran, with Israel saying it is continuing large-scale strikes against targets across Tehran.

The US military says it has sunk nine Iranian warships and is “going after the rest” in attacks which US President Donald Trump says have killed 48 top Iranian leaders – including Supreme Leader Ayatollah Ali Khamenei.

Trump said he envisages the conflict could last four weeks.

Deputy Prime Minister David Seymour says the government has not taken a position on whether or not it is in support of the US and Israeli led attacks on Iran.

Australia has ruled out deploying troops if the conflict escalates.

The attacks have sparked warnings about KiwiSaver, fuel and inflation in New Zealand.

Major Middle Eastern airports have been shut and regional gateways including Dubai, Doha and Abu Dhabi were closed.

MFAT is advising New Zealanders in affected areas to shelter in place and leave when it is possible to do so.

Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in the attacks on Saturday, which US President Donald Trump said were aimed at overturning Tehran’s government.

Follow the latest with our live blog at the top of the page

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/us-israeli-strikes-on-iran-could-last-weeks-48-iranian-leaders-and-3-us-soldiers-killed/

Pokémon’s 30th Anniversary: MemeStrategy (HKEX:2440) Launches World’s First Tokenized Collectible Card Fund

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 2 March 2026 — MemeStrategy, Inc. (“MemeStrategy” or “the Company”; HKEX: 2440), an Asia-based publicly listed digital asset company, today announced the launch of the world’s first tokenized Pokémon trading card fund (the “Fund”). The Fund is designed to offer professional investors institutional-level access to the collectible trading card market through EVIDENT Platform Services Limited (“EVIDENT”), a licensed alternative asset digital investment platform, marking a significant step in establishing trading cards as a recognized alternative asset class. Scheduled to launch during the 30th anniversary of the Pokémon franchise, the Fund represents a unique initiative that bridges culturally iconic collectibles with traditional institutional-level financial services.

A Booming, Multi-Billion Dollar Market

This February, a PSA 10 “Pikachu Illustrator” card, widely regarded as the holy grail of Pokémon cards and previously owned by internationally renowned influencer Logan Paul, achieved a record-breaking auction price of USD 16.492 million (approximately HKD 128 million). This sale surpassed the previous record for the most expensive sports card, the one-of-one dual-signed Logoman card featuring NBA legends Michael Jordan and Kobe Bryant. The event brought the global spotlight back onto collectible cards and underscored the growing cultural and collector interest in high-end trading cards.

The global collectibles market is projected to reach USD 628 billion by 2031, with the Asia Pacific region demonstrating particularly rapid growth momentum.[1] Within this market, the collectible card games segment is expected to reach USD 37.42 billion by 2034, rising from a projected USD 14.7 billion in 2025.[2] This expansion is driven by increased participation from digital native consumers and heightened institutional attention towards alternative assets. This surge also reflects a broader cultural shift among younger generations, who are increasingly engaging and investing in alternative cultural assets.

Among trading cards, Pokémon cards hold a distinguished position in the collector community. They are viewed not merely as game cards, but also as culturally significant assets supported by active secondary markets and well-established collectible value. According to reports from The Wall Street Journal and historical data from the authoritative platform CARD LADDER[3], Pokémon card values have exhibited long-term appreciation of more than 30x over the past 20 years, reinforcing their status as a resilient alternative asset class.

Crossing the Chasm, Moving Towards Institutional-Level Collection Investment

Although the trading card market presents substantial growth, direct participation by professional and institutional investors has historically been limited due to several structural challenges, including:

  1. Authentication Risks: Concerns over asset provenance and widespread presence of counterfeits remain major deterrents for institutional-grade capital.
  2. Custody Complexities: The high cost and operational difficulty of museum-grade physical storage, including security, insurance and climate-controlled facilities, make proper custody prohibitively expensive and operationally burdensome.
  3. Market Fragmentation: A highly fragmented secondary market, dispersed inventory, and inconsistent sourcing channels make it difficult to acquire curated collections in bulk from reliable counterparties.

In view of this, MemeStrategy aims to deliver a comprehensive, institutional-ready one-stop solution. By launching the Fund through a publicly listed company platform and partnering with a licensed alternative asset digital investment platform, vault custodians supported by a professional third-party, and independent auditors and certifiers, MemeStrategy seeks to establish a robust, transparent, and institutional-level framework for professional investors to access the emerging cultural-asset market.

“Pikachu with Grey Felt Hat”: A Flagship Cultural Asset with Institutional Provenance

The Fund’s portfolio is anchored around a leading Pokémon card: the PSA 10 “Pikachu with Grey Felt Hat” card. Created through an official cross‑disciplinary collaboration between The Pokémon Company and the Van Gogh Museum in Amsterdam, the card draws inspiration from Van Gogh’s iconic “SelfPortrait with Grey Felt Hat.” It represents a rare convergence of the world’s highest-grossing entertainment franchise and a globally renowned fine art institution.

Widely recognized as one of the most prominent Pokémon cards worldwide, the PSA 10 “Pikachu with Grey Felt Hat” is estimated to have a total market capitalization of over USD 94 million.

In light of its prominence and established market status, the Fund aims to acquire exposure representing approximately 25% of the PSA10 “Pikachu with Grey Felt Hat” cards currently available in the market, underscoring its strategic focus on this key asset. This positioning is supported by the following characteristics:

  • Appreciation: Secondary market prices for the card have risen more than 400% since its limited release in late 2023, based on publicly available historical data[4].
  • Scarcity: The Pokémon–museum collaboration was a time-limited initiative that concluded earlier than planned due to overwhelming demand. With a PSA 10 population of approximately 47,000[5] cards now permanently capped, its rarity is firmly established.
  • Authenticity and Grade Assurance: All cards held by the Fund undergo expert verification and are PSA 10 graded, consistent with market-recognized standards for condition and authenticity.


An Institutional-Level Infrastructure
for a New Asset Class

Building on its focus on flagship cultural assets, MemeStrategy complements the Fund’s portfolio construction with an institutional-grade operational framework. By partnering with EVIDENT, a licensed alternative asset digital investment platform through which tokenized interests in the Fund will be made available for professional investors, MemeStrategy aims to provide a secure, transparent and robust structure for accessing cultural-asset investment.

  • Institutional-Level Custody: All physical cards are authenticated, insured, and stored in a museum-grade environment with temperature control and 24-hour surveillance, operated by Grade10 Vault, the Company’s professional card-vaulting service.
  • Enhanced Accessibility: Tokenization facilitates primary transactions on a licensed and secure platform, enabling professional investors to access tokenized interests in the Fund with greater efficiency and transparency.
  • Independent Audits: All underlying assets are subject to biannual Proof-of-Reserve audits by Deloitte or another Big4 international audit firm, ensuring full transparency and independent verification of asset holdings.

Ray Chan, Chief Executive Officer of MemeStrategy, said, “This initiative is about harnessing the distinctive market dynamics of cultural assets through institutional-level financial rigor. The collectibles market is expanding rapidly, yet institutional participation has remained limited due to logistical and security barriers. We are solving that problem. For the first time, we are providing a convenient and secure structure that allows professional investors to engage in this growing market without the burdens of physical ownership. This reflects our core mission to bridge culture and capital by creating accessible structures for the professional market.”

Florian M. Spiegl, Founder & CEO of EVIDENT, said, “Collectibles represent one of the most compelling frontiers in alternative assets — a market with proven performance but, until now, without the infrastructure to serve institutional capital. This fund demonstrates exactly what EVIDENT’s platform is built to do: take high-conviction asset verticals and structure them to the highest regulatory and institutional-grade standards. From custody to compliance to secondary liquidity, every layer is designed for professional investors. As we continue to expand our asset base into new verticals, the standard remains the same: institutional rigor, full regulatory compliance, and market infrastructure that investors can trust.”

MemeStrategy will serve as the General Partner (GP) through its wholly owned subsidiary, RWA Labs Limited, and will also make a strategic investment as a Limited Partner (LP), reflecting its strong conviction in the long-term cultural significance and market relevance of cultural collectibles. By combining blockchain-enabled transparency with institutional-level real-world custodianship, MemeStrategy aims to help shape the evolution of how collectibles are valued and traded in the Web3 era, contributing to the development of a structured cultural-finance landscape.

Disclaimer: This announcement is for informational purposes only and does not constitute an offer or invitation to the public in Hong Kong Special Administrative Region (“HKSAR”) to invest in the Fund or to acquire or subscribe for any securities or interests in any collective investment scheme. The Fund has not been authorized by the Securities and Futures Commission of HKSAR and is only available to “professional investors” (as defined in section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance (Cap. 571)). This announcement is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to local law or regulation.

https://memestrategy.com.hk/
https://www.linkedin.com/company/memestrategy/
https://x.com/MemeStrategy
https://www.facebook.com/grade10hk/
https://www.instagram.com/grade10hk/

Hashtag: #MemeStrategy #Grade10 #EVIDENT #Culture #Collectibles #Pokémon #TradingCards #TokenizedFund #AlternativeInvestment #AlternativeAssets

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/02/pokemons-30th-anniversary-memestrategy-hkex2440-launches-worlds-first-tokenized-collectible-card-fund/

Health Policy – ‘Hospitals and health workers should never be targets’ – NZNO

Source: New Zealand Nurses Organisation

The right of health care workers to provide care during international conflicts must be protected, Tōpūtanga Tapuhi Kaitiaki o Aotearoa NZNO says.
NZNO Kaiwhakahaere Kerri Nuku says hospitals and health care workers are increasingly being targeted in war torn nations.
“Hospitals and health workers should never be targets. Health care workers must have the right and freedom to provide care in conflict zones,” she says.
International media have reported an Israeli air strike hit a hospital in Tehran’s north, badly damaging the facilities and forcing patients to be evacuated. The air strikes were part of the ongoing US-Israel military campaign against Iran.
“Sadly, attacks on hospitals and health care workers are not a new development,” Kerri Nuku says.
“The World Health Organization last week said attacks on Ukraine’s health care facilities had increased by 20% last year and hit a staggering total of 2881 since the war with Russia began four years ago.
“In Myanmar, at least 34 people were killed and dozens more injured late last year after air strikes from Myanmar’s military hit a hospital in the country’s west.
 NZNO is supporting Myanmar health care workers providing care on the Thai border. We have heard firsthand the struggles of providing health care in a conflict,” Kerri Nuku says. 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/02/health-policy-hospitals-and-health-workers-should-never-be-targets-nzno/

Advocacy – Peace Vigil – No NZ support for US/Israeli war on Iran

Source: Peace Action Wellington

Date: Sunday 1 March 2026 – Peace Action Wellington is calling a peace vigil on Monday, 2 March at 5:30pm meeting at the Cenotaph on the corner of Lambton Quay and Bowen Street. All people who oppose war are welcome.

Peace Action Wellington condemns the illegal war launched by the US and Israel. There is no justification for so-called “pre-emptive” war. This is an aggressive war: there was no threat to the US or Israel. There is no material difference between this and the Russian invasion of Ukraine.

The crimes of the Iranian government against its own people are enormous, including the slaughter of thousands of its young people, but that provides no basis for war. Moreover, this is not even the justification the US and Israel have given for their war and will simply result in the killing of more ordinary Iranian people.

That the US and Israel started the war when discussions and negotiations were ongoing shows there is no good faith on their part – just a determination to install a regime that is friendly to their interests.

It is imperative that the New Zealand government is clear that it does not support this war. No NZDF or intelligence assistance should be given to the US or Israel. It is likely that the NZ Navy frigate Te Kaha is in the region, along with troops deployed to missions around the Middle East. All of these forces should be withdrawn, along with all GCSB intelligence analysts based with US forces.

Already hundreds of people have been murdered from US bombs inside Iran including a school full of children. Regime change by the US will cause untold suffering to the Iranian people and has every likelihood of escalating to a world war, pulling in the Russians and Chinese on the side of the Iranian government.

Peace Action Wellington strongly supports the right of the people inside Iran to free themselves from their own government. We do not support foreign interference in the politics of Iran or any state. The US and UK have a long history of intervention in Iran – and this war must be viewed within the context of that existing history.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/01/advocacy-peace-vigil-no-nz-support-for-us-israeli-war-on-iran/

Unilateral attack on Iran must be condemned

Source: Green Party

“Trump and Netanyahu’s unilateral attack on Iran must be condemned as an illegal and unprovoked act against the people of the region and any genuine pathway to peace” Green Party Co-Leader Marama Davidson says.

“This latest escalation in aggression is part of a decades’ long pattern of behaviour of the US dragging the region into more wars, violence, and bloodshed. 

“The wider region has immediately been drawn into this violence, with hundreds reported dead in only a single day. The idea that it’s okay to bomb other countries because you don’t like their leader is reprehensible. 

“The Prime Minister Luxon’s failure to condemn Trump’s illegal actions again demonstrates his lack of leadership or moral courage, and willingness to act against New Zealander’s values.  

“New Zealander’s deserve better than this. Our voice is powerful on the international stage. The Green Party urges Luxon’s Government to condemn illegal warmongering, and unreservedly advocate for diplomacy, international law, and peace for the Iranian people.” 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/01/unilateral-attack-on-iran-must-be-condemned/

NZ Government Statement on Iran

Source: New Zealand Government

New Zealand has consistently condemned Iran’s nuclear programme, its destabilising activities in the region and elsewhere, and its repression of its own people. 

Iran has, for decades, defied the will and expectations of the international community. The legitimacy of a government rests on the support of its people. The Iranian regime has long since lost that support.

In this context, we acknowledge that the actions taken overnight by the US and Israel were designed to prevent Iran from continuing to threaten international peace and security.  

We condemn in the strongest terms Iran’s indiscriminate retaliatory attacks on Qatar, the United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, and Jordan.  We cannot risk further regional escalation, and civilian life must be protected.   

We join the international community in hoping this crisis ends as quickly as possible.

We call for a resumption of negotiations and adherence to international law – and we urge the Iranian leadership to seek a negotiated solution that returns Iran to the community of nations. 

Our thoughts go out to all those affected by the conflict, and to the New Zealand families who are understandably worried about their loved ones in the region. 

We recognise too the courage of the Iranian people who have taken to the streets in recent weeks to demand change, only to be met by violence and murder.  The Iranian people must be allowed to determine their future.

New Zealand Embassies in the region are closely monitoring the situation and will continue to provide support to New Zealanders.  The Ministry of Foreign Affairs and Trade advises New Zealanders in the region to shelter in place.  New Zealanders should follow the advice of local authorities and register on SafeTravel. 

New Zealanders requiring urgent consular assistance should call the New Zealand 24/7 Consular Emergency Line on +64 99 20 20 20.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/01/nz-government-statement-on-iran/

Benefiting from Property Sales Growth, Sino Land Interim Revenue Increases by 34.5% to HK$5,185 Million

Source: Media Outreach

Solid Fundamentals and Prudent Financial Management Positioned to Capture Opportunities

Summary of 2025/2026Interim Results

  • The Group’s revenue for the six months ended 31 December 2025 (“Interim Period”) was HK$5,185 million (2024: HK$3,854 million), representing an increase of 34.5% year-on-year. The Group’s unaudited underlying profit attributable to shareholders, excluding the effect of fair-value changes on investment properties, was HK$2,220 million (2024: HK$2,241 million).
  • Steady interim dividend at HK15 cents per share (2024: HK15 cents per share).
  • Attributable revenue from property sales for the Interim Period, including share from associates and joint ventures, was HK$6,912 million (2024: HK$2,448 million), representing an increase of 182.4% year-on-year. The recent positive sales momentum was driven by the well-received launches of Villa Garda, Grand Mayfair III, and ONE PARK PLACE, as well as the sales of residential units and car parking spaces at St. George’s Mansions.
  • Attributable gross rental revenue, including share from associates and joint ventures, was HK$1,708 million (2024: HK$1,748 million).
  • Attributable hotel revenue, including share from associates and joint ventures, was HK$822 million (2024: HK$794 million).
  • Over the past six months, the Group acquired two land parcels in Tuen Mun and Jordan Valley, demonstrating our confidence in Hong Kong’s long-term prospects and our disciplined and strategic approach to land bank replenishment.

Financial Highlights

For the six months ended 31 December: 2025 2024 Change
Revenue HK$5,185 million HK$3,854 million +34.5%
Underlying profit HK$2,220 million HK$2,241 million -0.9%
Profit attributable to shareholders HK$1,533 million HK$1,820 million -15.8%
Dividend per share
Interim HK15 cents HK15 cents

Results and Business Highlights

HONG KONG SAR – Media OutReach Newswire – 27 February 2026 – Sino Land Company Limited (Stock Code: 83) today announced its interim results for the six months ended 31 December 2025 (the “Interim Period”). The Group’s unaudited underlying profit attributable to shareholders, excluding the effect of fair-value changes on investment properties for the Interim Period, was HK$2,220 million (2024: HK$2,241 million). Underlying earnings per share was HK$0.24 (2024: HK$0.26).

Mr. Daryl Ng Win Kong, Chairman of Sino Land, and the Group’s management will continue to uphold prudent financial management while striving to enhance operational efficiency and productivity to capture future opportunities.

After taking into account the revaluation loss (net of deferred taxation) on investment properties of HK$682 million (2024: revaluation loss of HK$407 million), which is a non-cash item, the Group reported a net profit attributable to shareholders of HK$1,533 million for the Interim Period (2024: HK$1,820 million). Earnings per share was HK$0.17 (2024: HK$0.21). As at 31 December 2025, the Group had net cash of HK$51,402 million.

Property Sales – Accelerated sales momentum drives strong segment performance

Total revenue from property sales for the Interim Period, including property sales of associates and joint ventures, attributable to the Group was HK$6,912 million (2024: HK$2,448 million). Market sentiment improved notably in the second half of 2025, supported by the interest rate cut cycle, stronger financial market performance, and the inflow of talent and overseas students, all of which helped underpin housing demand.

The Group has won two government land tenders over the past six months, namely Tuen Mun Town Lot No. 569 on Hoi Chu Road in Tuen Mun and New Kowloon Inland Lot No. 6674 on Choi Hing Road in Jordan Valley. These acquisitions continue to reflect our confidence in Hong Kong’s long‑term prospects and our disciplined and strategic approach to replenishing the land bank with projects offering good development value.

Two new projects are scheduled for launch in 2026, namely La Mirabelle in Tseung Kwan O and the Wing Kwong Street/Sung On Street Development Project in To Kwa Wan. Total units sold from 1 July 2025 to 13 February 2026 reached 2,325 (attributable units: 1,052), mainly driven by the well‑received launches at Villa Garda, Grand Mayfair III and ONE PARK PLACE.

A diversified and balanced investment property portfolio reinforces long-term resilience

For the Interim Period, the Group’s attributable gross rental revenue, including share from associates and joint ventures, was HK$1,708 million (2024: HK$1,748 million), representing a decrease of 2.3% year-on-year. This decline was mainly due to the soft retail environment at the beginning of 2025, which put pressure on rental reversions, although retail sentiment improved sequentially. Overall occupancy of the Group’s investment property portfolio remained stable during the Interim Period.

Hong Kong remains well positioned to leverage its status as an international hub and financial centre, highlighted by the 119 new listings that ranked the city first globally in IPO fundraising in 2025. Supported by the HKSAR Government, the strong uptake of talent schemes and robust financial market activity strengthen overall market sentiment and lay a solid foundation for sustained business growth. The Group is actively implementing targeted marketing and promotional campaigns to stimulate foot traffic to its malls and drive retail consumption.

As at 31 December 2025, the Group has approximately 13.5 million square feet of attributable floor area of investment properties and hotels in the Chinese Mainland, Hong Kong, Singapore and Sydney.

Hotel Operations – Continuous improvement in occupancy rates

For the Interim Period, the Group’s hotel revenue, including attributable share from associates and joint ventures, was HK$822 million compared to HK$794 million in the last interim period, and the corresponding operating profit was HK$289 million (2024: HK$261 million).

Hong Kong continued to see a solid tourism rebound in 2025, with visitor arrivals recovering amid an increasingly vibrant event calendar. With a diverse pipeline of events scheduled for 2026, including the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting, the Group remains confident in the outlook for Hong Kong’s tourism sector.

With solid fundamentals and balance sheet, the Group is well-positioned to capitalise on opportunities

The Group continues to make steady strides on its sustainability journey. In the Interim Period, Sino Land was recognised in CDP’s Climate Change A List and named Global Sector Leader in the Residential category of the Global Real Estate Sustainability Benchmark, achieving the highest five‑star rating in both Development Benchmark and Standing Investment Benchmark. The Company also received MSCI’s top ‘AAA’ ESG rating, up from ‘AA’. These recognitions reaffirm Sino Land’s commitment to promoting ESG and sustainability.

‘As the Chinese Mainland and Hong Kong are poised to attract increasing global capital inflows from investors, I am encouraged by the notable improvement in the economic and operating environment since the second half of 2025. Supported by the Government’s measures, more than 270,000 talent have been attracted to Hong Kong to date, while visitor arrivals and the establishment of family offices have both recorded double‑digit growth in recent years. Hong Kong also ranked first globally in IPO fundraising last year, which has helped strengthen market sentiment and support the upward trajectory. The newly announced Budget is closely aligned with the nation’s development strategy and the 15th Five‑Year Plan across key priority areas. It fosters the development of the Northern Metropolis and innovation and technology, further highlighting Hong Kong’s close connectivity with Chinese Mainland and the world, as well as its large pool of talent. These initiatives are expected to help draw additional talent, enterprises and capital, and to reinforce international investors’ confidence in the Hong Kong market.

Amid expectations of further interest rate cuts and a solid recovery in tourism, the Group remains optimistic about the overall outlook and expects the residential market to retain its momentum. We will continue to uphold prudent financial management while striving to enhance operational efficiency and productivity. With a solid financial position and forward‑looking strategies, we are well positioned to capture future opportunities and deliver sustainable long‑term value for our investors,’ said Mr. Daryl Ng Win Kong, Chairman of Sino Land.

Please download photos from here.

Hashtag: #SinoLand

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/02/27/benefiting-from-property-sales-growth-sino-land-interim-revenue-increases-by-34-5-to-hk5185-million/

‘Lot of urgency’ for Tall Blacks ahead of Fiba World Cup qualifying games

Source: Radio New Zealand

Tall Blacks and Australian NBL players like Reuben Te Rangi will be looking for different contracts in the off-season. www.photosport.nz

The winless Tall Blacks hit the road this week faced with the duel challenge of qualification for next year’s Fiba World Cup hanging in the balance and players leaving camp early to chase lucrative overseas contracts.

Home and away defeats against Australia late last year put New Zealand on the back foot in the Asian Qualifiers.

The Tall Blacks need a win against the Philippines on Friday or Guam on Sunday to keep hopes of finishing in the top three in their qualification group alive.

New Zealand’s road to qualifying for the world cup for an eighth time started in November and will not conclude until March next year – all things going to plan.

But the Tall Blacks’ campaign could come to a halt as soon as July if they do not start winning.

Head coach Judd Flavell said there was a “lot of urgency” to get results in this window.

“We need to win as many games as we can, it doesn’t mean that if we lose this game it is all over but there is a lot of importance on these two games in this window and the same can be said for every window after this.”

Flavell will have a strong core of players to call on against the undefeated Philippines including New Zealand Breakers teammates Reuben Te Rangi, Taylor Britt, Max Darling, Carlin Davison, Alex McNaught and Sam Mennenga as well as Brisbane Bullets trio Tyrell Harrison, Taine Murray and Tohi Smith-Milner.

Akita Northern Happinets centre Yanni Wetzell is also back for the first game while Jordan Ngatai’s return to the black singlet will see him add to his 93 appearances.

But some of those players will leave camp before the Guam game.

“We have some players who have made themselves available [for the Philippines game] but they’re moving on to [club] contracts and the thing with these international windows is they are during the seasons and the Australian NBL season has come to an end for most of the guys in our squad and so those guys have got another contract that they’re looking to go to and some of those contracts are quite lucrative.

“Guys have put up their hand to come along to this first game because they know how important this one is and we’ve got another great chance to develop our depth in the second game.”

Big men Wetzell, Mennenga and Harrison are names that are likely to be missing as they take up new club contracts.

The Tall Blacks sit dejected after their loss during the FIBA World Cup Qualifier against Australia. Marty Melville/ Photosport

Flavell said the unavailability of players at different times of the year, either through college seasons in the United States or club contracts around the world, was the “number one challenge” the Tall Blacks faced.

“When it comes down to it you really want to try to build as much continuity as you can and that’s going to result in taking steps forward and having progression.

“But it is what it is, it’s to no one’s fault it’s just how it works and we’ve got to do the best we can and be problem solvers.

“It effects all countries, but if you look at a some of the super power teams, and Australia is one of those super power teams, with the depth they have and some of the other countries for a smaller country like us we’re probably effected a little bit more.

“It’s a funny old season the international qualification windows where you come together for a few days and play a couple of games and then you don’t see each other for three months and then you come together and try to do it again really quickly.”

Flavell has had mixed results against the Philippines.

His first game in charge of the national team in November 2024 was a loss to the Gilas in Manila. It was the first time the Tall Blacks had lost to them.

However, last year Flavell guided the team to two wins over Philippines in Asia Cup qualifiers to take the head-to-head to six wins for the Tall Blacks.

Back in “basketball-mad” Manila, Flavell said New Zealand would face a “hostile” environment fuelled by around 20,000 Gilas supporters.

Having played a number of times over the last 12 months Flavell said they “have great familiarity” with what the Philippines will put on the floor and did not expect any surprises.

Following their showdown with the Philippines, the Tall Blacks travel to Guam.

Flavell and many of the roster had not been to Guam before.

Like the Tall Blacks, Guam are at the bottom of the Group A standings with two losses, against Philippines, in the first window.

New Zealand has taken care of Guam in their two previous match-ups, with a 125-43 win back in 1999 and more recently a 113-94 win during the 2020 Fiba Asia Cup Qualifying campaign but Flavell said the current Guam team they knew less about.

“It’s always a bit of danger when you don’t know so much about your opposition”.

Guam host Australia in the first game in this window.

The third qualifier window is in July, when Philippines and Guam both come to Auckland.

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/02/26/lot-of-urgency-for-tall-blacks-ahead-of-fiba-world-cup-qualifying-games/

New Zealand Golf Open: All you need to know

Source: Radio New Zealand

Australian Ryan Peake is back to defend his New Zealand Open golf title, he won at Millbrook Resort in 2025. © Mogie Adamchik 2025

The format, the contenders, the history, the ambassadors, plenty of highlights ahead of golf’s New Zealand Open.

The tournament

New Zealand Golf Open, 26 February – 1 March 2026.

Millbrook Resort, Queenstown.

It’s that time of the year, where 156 professionals, and the same number of amateurs, flood into Queenstown for what will be the 105th New Zealand Golf Open. The tournament will feature the same format as previous years, with play on both courses at Millbrook Resort. All players will split their first two rounds on Coronet 18 (designed by Scott Macpherson and Greg Turner) and Remarkables 18 (designed by Sir Bob Charles). The top 60 plus ties will play the final two rounds over the weekend.

The total purse of the tournament is once again NZ$2 million, with the winner taking home approximately $360,000 and earning a spot at The Open Championship at Royal Birkdale in mid-July. The forecast is for rain/showers for day one and cloudy skies for the remaining three days, with temperatures hovering between 16 to 20 degrees.

History

Our national open has a rich history. It was first played in 1907, when amateur Arthur Duncan won in Napier. Some famous names have triumphed down the years, including two of Australia’s finest players. Peter Thomson won it nine times, including three times in a row between 1959-1961, and Kel Nagel, who won six titles, also winning three in a row, 1967-1969. In the 1980s, American Corey Pavin, was a well-known name, to twice win the title. He would go on to win the US Open in 1995.

And, plenty of great New Zealand players have won the title, including major winners Sir Bob Charles (four times) and Michael Campbell (who won in 2000). Michael Hendry was the last New Zealand winner in 2017.

Tiger Woods (R) with caddie Steve Williams, at the New Zealand Open in 2002. PHOTOSPORT

Arguably the most famous New Zealand Open though was in 2002 at Paraparaumu Beach, when Tiger Woods came to New Zealand. That edition of the tournament was won by Australian Craig Parry. In recent years, Australians have dominated the winners’ list, with West Australian Ryan Peake the defending champion. Seven other former New Zealand Open winners are also competing.

Local hopes

Twenty-eight New Zealanders will feature this year. While our highest ranked player Ryan Fox, isn’t here due to his PGA Tour commitments, our two players on the DP World Tour, Daniel Hillier and Kazuma Kobori, are competing. Hillier, in particular, has made big strides in recent times, and is arguably the best hope for local success. His world ranking is exactly 100, after making a cracking start to the year. He’s had three top 10 finishes in his last five tournaments (Australian Open, Dubai Invitational, Bahrain Championship), and is fifth on the order of merit.

Daniel Hillier, while competing in Dubai in November 2025. GIUSEPPE CACACE

The Japanese born Cantabrian Kobori, also comes to Queenstown in solid form, after finishing in a tie for ninth at his last tournament, the Qatar Masters earlier this month. Ben Campbell, who plays on the LIV tour, is also back, along with the in form Steven Alker, who has won 10 times on the PGA Tour Champions. Five New Zealand amateurs are featuring, with 17-year-old Cantabrian Cooper Moore, one to watch. Moore finished runner up at the NZ PGA championship last week, at Paraparaumu Beach.

Overseas contenders

Australians dominate the field with Lucas Herbert, who finished last year’s LIV tour ranked 15th and Anthony Quayle, who plays on the DP World Tour, having solid credentials. 2025 Asian Tour Order of Merit champion, Kazuki Higa, the world number 123, is back again. He finished tied for second at last year’s New Zealand Open, alongside South African Ian Snyman, who has also returned. Wang Wei-Hsuan, from Chinese Taipei, is another to keep your eye on after three top-five finishes on the 2025 Asian Tour.

Eleven Americans are also teeing it up, including former PGA Tour winners Kevin Na, Nick Watney and Kyle Stanley. Chase Koepka, younger brother of multiple major winner Brooks, is also in the field.

The ambassadors

One of the big features of the tournament in recent years has some superstars from other sports playing as amateurs. This year, two names stand out from the pack. Kelly Slater, widely regarded as the greatest surfer of all time, is here. He is an 11-time world champion, and is teaming up with German Dominic Foos in the pro-am. Three-time grand slam tennis champion, Ash Barty, is also here. She won the French Open in 2019, Wimbledon in 2021 and the Australian Open in 2022, before retiring at the age of just 25.

Ash Barty celebrates her win at Wimbledon in 2021. PHOTOSPORT

Both Slater and Barty are handy golfers. Barty plays off a four handicap, while Slater’s been given a two handicap for the event. New Zealand sporting stars Israel Dagg, Jeff Wilson, Stephen Fleming and Tom Abercrombie are also playing, alongside former Australian cricket captain Ricky Ponting and American actor Michael Pena.

Kelly Slater, American surfing legend. Supplied: Piha Pro

What they said

Ben Campbell: “There’s a couple of holes where I’m going to hit 3-wood this year. It will definitely help with the scores. Hopefully the greens get nice and fast and with some good solid rough like that, I think probably the scores won’t quite be where they have been in the last couple of years.”

Defending champion Ryan Peake on laying the 18th in practice: “I got a bit emotional walking down there. Maybe I took too many emotions in, or something like that, or I just got that realisation of how much it actually changed my life.”

Daniel Hillier, who got married on Sunday is looking forward to another big week: “It would mean the world obviously if I could cap it off with my name on the Brodie Breeze Trophy. I speak for all Kiwis. It is our childhood dream.”

Kazuma Kobori said he leans on the likes of Hillier for support: “When we are on tour, we are isolated a little bit and we move within the golfers. I’ve learned a lot from the likes of Dan over the past year. It has been good to learn from him and see what he does and what he doesn’t do as well. We have a good thing going out there. If I don’t win then it would be nice for a Kiwi to win but it is obviously not controllable. I am just going to go out there and do my job and see what happens.”

Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/02/25/new-zealand-golf-open-all-you-need-to-know/