Category: 3. Business

SINGAPORE, Oct. 21, 2025 – Royal Caribbean’s Ovation of the Seas has returned to Singapore for a season of spectacular getaways to Southeast Asia’s most sought-after destinations. From now through March 2026, families and holidaymakers alike can look forward to everything from weekend escapes to longer adventures packed with world-class thrills, chill, entertainment and dining experiences for every type of traveller.

“Families remain at the centre of everything we do, and our ships are designed to bring everyone together through unforgettable shared moments – whether it’s exploring local cultures, enjoying world-class entertainment or trying new adventures at sea,” said Chad Grospe, vice president and managing director, Asia-Pacific, Royal Caribbean. “With Ovation’s return to Singapore, holidaymakers can enjoy the ease of beginning their holiday closer to home, while enjoying Royal Caribbean’s unique blend of adventure and relaxation.”

Royal Caribbean continues to introduce new experiences specially designed for the Asian market, bringing the best of the brand to the region.

“We are delighted to welcome Royal Caribbean’s Ovation of the Seas back to Singapore for her seasonal homeport deployment. Aligned with our Tourism 2024 vision, this exciting return strengthens Singapore’s appeal as a vibrant holiday getaway, offers families unique options to explore the region from Singapore, and underscores the cruise industry’s confidence in Singapore as their regional hub,” said Jacqueline Ng, Director, Cruise, Singapore Tourism Board.

On Ovation, holidaymakers can enjoy a wide array of Royal Caribbean’s signature highlights and experiences. Adventurers can soar on RipCord by iFLY, the first skydiving simulator at sea, or take in panoramic views from the North Star all-glass observation capsule, which rises over 90 metres above the ocean. For indoor fun, SeaPlex—the largest indoor activity space at sea—offers everything from bumper cars and roller skating to arcade games and a sports court. The excitement continues with world-class entertainment, from live music to jaw-dropping shows at the transformational Two70, where guests can enjoy cutting-edge performances that combine aerial acrobatics, robotics and projection-mapped visuals.

With 17 dining options to choose from, travellers can indulge in flavours from around the globe. Guests can enjoy fresh Italian dishes at Jamie’s Italian by Jamie Oliver, Japanese favourites at Izumi, imaginative creations at Wonderland, premium steaks at Chops Grille, Mediterranean-inspired dishes at Solarium Bistro, or casual classics at the ever-popular Windjammer Café.

This season, Ovation will offer a variety of adventures from Singapore, ranging from 3- to 5-night getaways to 8-night journeys, with visits to popular destinations like Penang, Malaysia; Phuket, Thailand, and Bali, Indonesia.

• Short 3- to 4-night getaways make it easy for travellers to recharge while exploring nearby favourites such as Penang where guests can wander through George Town’s colourful street art and heritage architecture, while sampling local street food and browsing bustling markets. In Phuket, guests can unwind on golden beaches by day and experience lively night markets after dark.

• For those seeking a little more time away, the 5-night Penang & Phuket Overnight journey combines the highlights of both destinations. Guests can enjoy authentic hawker fare, explore cultural landmarks and take part in island-hopping excursions for immersive experiences.

• Guests can embark on a longer 8-night Bali Adventure, spending two full days in Celukan Bawang and Benoa in Bali. Vacationers can relax on Bali’s stunning beaches, visit coastal temples and experience the vibrant local culture. The journey also includes a visit to Lombok, Indonesia, known for its pristine shorelines, laid-back charm and natural beauty.

• Ovation will also celebrate the festive season with a 4-night Christmas getaway, departing 24 December 2025 to Penang and Phuket. Plus, to ring in the New Year, an 8-night journey departing 28 December 2025 to Bali combines regional highlights with unforgettable holiday experiences.

Holidaymakers can now book their adventures on Ovation of the Seas at Royal Caribbean’s website.

About Royal Caribbean
Royal Caribbean, part of Royal Caribbean Group (NYSE: RCL), has delivered memorable vacations for more than 50 years. The cruise line’s game-changing ships and exclusive destinations revolutionize vacations with innovations and an all-encompassing combination of experiences, from thrills to dining and entertainment, for every type of family and vacationer. Voted “Best Cruise Line Overall” for 22 consecutive years in the Travel Weekly Readers Choice Awards, Royal Caribbean makes memories with adventurers across more than 300 destinations in 80 countries on all seven continents, including the line’s top-rated exclusive destination, Perfect Day at CocoCay in The Bahamas. 

Media can stay up to date by following @RoyalCaribPR on X and visit www.RoyalCaribbeanPressCenter.com. For additional information or to book, vacationers can visit www.RoyalCaribbean.com, call (800) ROYAL-CARIBBEAN or contact their travel advisor.

Related Images

Ovation of the Seas features a lineup of experiences, including the FlowRider surf simulator, skydiving at RipCord by iFly, and SeaPlex – the largest indoor activity space at sea – with bumper cars, full-size sports court, roller-skating rink and more.

Ovation of the Seas cuenta con una gama de experiencias, incluyendo el simulador de surf FlowRider, paracaidismo en RipCord de iFly y SeaPlex, el espacio de actividad interior más grande en el mar, con autos chocadores, una cancha de deportes de tamaño completo, pista de patinaje sobre ruedas y más.

North Star, the signature glass observation capsule, takes guests more than 300 feet above the ocean on Quantum Class ships like Quantum, Anthem and Ovation of the Seas.

The largest indoor activity space at sea, SeaPlex is exclusively featured on Royal Caribbean’s Quantum and Quantum Ultra Class ships, such as Anthem, Ovation and Spectrum of the Seas. There are experiences for the whole family like bumper cars, a full-size sports court and spots to kick back on the sidelines. 

Credit SBW-Photo

Ovation of the Seas’ top-deck adventures include Royal Caribbean’s signature FlowRider surf simulator and skydiving on RipCord by iFly.

The Singapore-homeported Ovation of the Seas.

Ovation of the Seas Fast Facts

(Bloomberg) — Asian shares extended gains Tuesday, buoyed by upbeat US earnings and indications that tensions between Washington and Beijing were easing.

A regional stock gauge topped its record close as most major Asian benchmarks advanced. Chinese shares gained at the open, while Japanese equities strengthened amid expectations Sanae Takaichi will become the nation’s first female prime minister. US equity futures rose after the S&P 500 and Nasdaq 100 each gained more than 1% Monday, while gold held near highs amid bubble concerns.

Asian markets are finding fresh momentum after the S&P 500 logged its biggest two-day gain since June on Monday, with about 85% of companies beating profit estimates so far. Strong third-quarter earnings helped temper worries over the US government shutdown, while hopes of progress in US-China trade talks lifted sentiment. President Donald Trump reiterated his threat to follow through on a tariff hike on Chinese goods “if there isn’t a deal” by Nov. 1, but said he plans to meet President Xi Jinping next week.

“The strong start to the week on Wall Street has helped Asian markets to open higher today,” said Nick Twidale, chief market analyst at AT Global Markets in Sydney. “A softening in trade concerns has also helped overall sentiment, with investors taking a glass 75% full look at the market at the moment.”

Earlier this month, markets were roiled as Trump raised the prospect of a sky-high tariff rate, citing China’s “hostile” export controls. Soybean futures rallied Monday, with growers holding out hope that Trump will make a deal with China to restart stalled American exports.

Separately, shares of critical mineral producers jumped in Sydney on Tuesday after Trump signed an agreement with Australian Prime Minister Anthony Albanese to boost America’s access to rare earths and other key materials.

The Treasury 10-year yield traded below 4% and the dollar was steady early Tuesday as falling oil prices eased concern about the inflation backdrop before the release of consumer-price data.

After a delay caused by the US government shutdown, the Bureau of Labor Statistics is set to release September’s consumer price index on Friday. The data, originally slated for Oct. 15, will give Federal Reserve officials a key reading on inflation ahead of their Oct. 30 policy meeting.

The data may take on greater importance due to the government shutdown-driven data drought, said Rick Gardner at RGA Investments. He still sees a Fed cut in October and noted that a key test will be Big Tech earnings, with investors looking for clarity on how spending on artificial intelligence is leading to profitability.

“We are seeing the typical seasonal volatility in October, but the recent swings have been relatively shallow by historical standards, as the buy-the-dip mentality appears to be in play,” Gardner said.

Some of the main moves in markets:

Stocks

S&P 500 futures were little changed as of 10:32 a.m. Tokyo time Nikkei 225 futures (OSE) rose 1.1% Japan’s Topix rose 0.6% Australia’s S&P/ASX 200 rose 0.9% Hong Kong’s Hang Seng rose 1.1% The Shanghai Composite rose 0.3% Euro Stoxx 50 futures rose 0.2% Currencies

The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1648 The Japanese yen was little changed at 150.72 per dollar The offshore yuan was little changed at 7.1208 per dollar The Australian dollar was little changed at $0.6516 Cryptocurrencies

Bitcoin fell 0.8% to $110,281.06 Ether fell 1% to $3,961.26 Bonds

The yield on 10-year Treasuries was little changed at 3.98% Japan’s 10-year yield declined one basis point to 1.660% Australia’s 10-year yield declined three basis points to 4.12% Commodities

West Texas Intermediate crude fell 0.5% to $57.22 a barrel Spot gold fell 0.2% to $4,347.44 an ounce This story was produced with the assistance of Bloomberg Automation.

–With assistance from Winnie Hsu.

©2025 Bloomberg L.P.

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BHP has warned that it expects slower growth in China for the rest of the year but maintained a positive view of demand for commodities as it continues to hold talks with China over iron ore contracts. 

The Australian company, the largest global miner by market capitalisation, reported a 1 per cent decline in iron ore production to 64mn tonnes during the three months to September, due to maintenance upgrades of its facilities in Western Australia.

Its copper production increased 4 per cent while steelmaking coal production grew 8 per cent in the quarter. 

BHP has been embroiled in negotiations with China’s state-run iron ore buyer over the terms of future purchasing amid reports that the world’s largest consumer of iron ore has stopped buying some of the miner’s products.

Melbourne-based BHP has refused to comment on commercial negotiations with China Mineral Resources Group, which co-ordinates much of the country’s iron ore purchasing.

BHP made no reference to the talks in its production report but pointed to a slowdown in demand in the coming months. 

“Overall macroeconomic signals for commodity demand remain resilient, and global growth forecasts are moving higher,” said Mike Henry, BHP chief executive. “While we expect some deceleration in growth in [the second half] of [2025], in China we still expect GDP growth of [about] 5 per cent for the year.”

BHP shares opened 2 per cent higher following the release of the production numbers. The company holds its annual meeting this week.

The Australian company, which attempted to buy UK rival Anglo American last year, has increased its exposure to copper through acquisitions in Australia and South America in the past three years and has forged ahead with a major plan to produce potash in Canada as it has looked to reduce its reliance on iron ore.

In contrast, BHP scaled back its steelmaking coal operations with the downsizing of a mine in Queensland after the state imposed higher taxes on commodity companies.

Singapore, 21 October 2025 – ST Engineering today announced the establishment of its Cybersecurity Centre of Excellence (CoE) aimed at accelerating the development of agentic AI-driven cybersecurity solutions. Supported by Digital Industry Singapore (a joint office by the Economic Development Board, Enterprise Singapore and Infocomm Media Development Authority) and the Cyber Security Agency of Singapore (CSA), the CoE will strengthen ST Engineering’s cybersecurity capabilities, cultivate a skilled talent pipeline and drive innovation in the cybersecurity sector.

The Cybersecurity CoE will deliver enhanced cyber defence across enterprise IT, 5G, and OT/IoT systems, addressing the next wave of advanced threats. It will start with 26 specialists and grow to an 81-strong team, which will focus on AI, 5G, OT cybersecurity, threat response and security testing.  

Building on ST Engineering’s proven expertise in designing and operating Security Operations Centres (SOCs) for critical information infrastructures, the Cybersecurity CoE will advance agentic AI application in next-generation SOCs, digital forensics, and incident response. These autonomous, self-learning solutions provide broader coverage, greater precision, and independent decision-making beyond traditional SOC capabilities. By continuously adapting to evolving cyber threats, the CoE positions ST Engineering at the forefront of industry-leading autonomous cybersecurity innovations.

“With AI and quantum computing, cyber threats are evolving faster and becoming more sophisticated. The Cybersecurity Centre of Excellence will bring together talent, research and advanced AI to strengthen our capabilities to develop cyber defences that are smarter, faster and more adaptive to new threats. Our Agentic AI SOC solution has already redefined new standards in detection and response – mitigating threats in seconds to swiftly protect critical systems,” said Goh Eng Choon, President of Cyber, ST Engineering.

“Digital Industry Singapore (DISG) welcomes the establishment of ST Engineering’s Cybersecurity Centre of Excellence (CoE), accelerating Singapore’s ambition for AI-driven cyber resilience and strengthening our national defence against evolving threats,” said Philbert Gomez, Executive Director & Head, Digital Industry Singapore. “The CoE will be a vital hub for developing autonomous AI solutions that will directly empower cybersecurity practitioners and enhance our capability to detect and combat sophisticated cyber threats at scale. This partnership reinforces Singapore’s resolve to be a globally leading AI hub.”

The Cybersecurity CoE will also nurture the next generation of cybersecurity talent through dedicated labs and training programmes at institutes of higher learning in Singapore, including Republic Polytechnic and Singapore Polytechnic. ST Engineering will train and upskill students on agentic AI solutions developed at the CoE, preparing them to thrive in AI-assisted cybersecurity environments and to harness agentic AI alongside other advanced technologies.

*****

For media enquiries, please write to us at news@stengg.com.

The price of foods hit by extreme weather are rising over four times faster than others in the average shop according to new analysis from the Energy & Climate Intelligence Unit (ECIU) [1].

Using the latest ONS inflation data (August 2025), the analysis finds that although these items make up just 11% of the average shopping basket, they account for nearly 40% of all food price inflation.

Prices for these five foods – butter, beef, milk, coffee and chocolate – have risen by an average of 15.6% over the past year, compared with just 2.8% for other food and drink [1].

The findings come as food inflation remains a key contributor to the UK’s headline inflation rate, with the Bank of England warning that extreme weather is increasingly influencing prices [2], making it harder for them to bring inflation back to the two percent target. The analysis also challenges recent reports that increases to the minimum wage, employer national insurance and the introduction of a packaging tax are driving inflation. These are unlikely to have had a major impact on the five foods that ECIU have found to be driving inflation.

Chris Jaccarini, food and farming analyst at the Energy and Climate Intelligence Unit (ECIU) said: “Shoppers will have noticed that the price of the weekly shop has shot up in recent years. At 73p, a pint of milk now costs 23p more than it did at start of the gas crisis [1]. Milk, butter, beef, chocolate, coffee and olive oil have all been hit by extreme weather and have all become much more expensive. Both butter and beef prices have been driven up by poor grass growth after a historically hot, dry summer, forcing farmers to rely more heavily on bought-in feed. At the same time, a virus outbreak in European dairy herds, which scientists warn is more likely due to climate change, has kept demand for British dairy high.

“While a higher minimum wage and national insurance contributions play a role in food price inflation, they don’t explain why coffee, chocolate or butter prices are surging. Climate shocks are a big factor for these products though, and until we reach net zero emissions and stabilise the climate, households will keep seeing prices rise.

“After the warmest spring and summer and the driest spring in over 100 years, England had its second worst harvest on record this year [3]. This follows last year’s poor harvest which came after incredibly heavy rainfall, made worse by climate change [4]. We have now seen three of the five worst harvests on record this decade driven by extreme weather, telling a story of escalating climate impacts that farmers are struggling to cope with.”

As highlighted in the Bank of England’s August Monetary Policy Report ‘…dry weather conditions are pushing up the production costs of beef and some dairy products in the UK and elsewhere, as cows must be fed silage earlier in the year due to less grass growth [2].’ Alongside a major outbreak of bluetongue hitting milk production in Europe, the risk of which is known to be increased by climate change, [5] this has tightened the availability of milk, and cream pushing up prices.

It is not just British-grown foods that are at risk. The UK imports around 40% [6] of its food from overseas, including many staples like rice, bananas and tea, which we cannot simply grow at home. The commodity price for cocoa, essential for chocolate, has more than tripled in the past three years and doubled in the past two years [1], after extreme heat and rainfall in West Africa hit the cocoa harvest [7]. Much of this surge has yet to fully reach consumer prices, which have risen by a quarter in the past two years and 45% over three years.

Similarly, commodity prices for coffee rose sharply at the end of 2023 and continued to climb through 2024, reaching a peak in March 2025. Again, extreme weather played a major role, with drought in key coffee producing regions such as Brazil and Vietnam [1]. According to FAO estimates, it typically takes around one year for changes in raw coffee prices to filter through to retail prices, with effects lasting at least four years [8].

Anna Taylor OBE, Executive Director of the Food Foundation said: “We are seeing the price of certain products being driven up by extreme weather. This is a worrying trend. Government must treat this as a food security issue, and take steps to build the resilience of farming and our supply chains to shocks, so we can better buffer them. Otherwise, the weekly shop will keep getting more unpredictable – and more unaffordable – for millions of households.”

In 2022–23, climate impacts added an estimated £360 to the average UK household food bill [9]. Government forecasts suggest that the climate exposure of British households will deepen, with over half of UK fruit and legume imports coming from climate-vulnerable countries by 2050 [6].

Chris Jaccarini, food and farming analyst at the Energy and Climate Intelligence Unit (ECIU) said: “Central banks are clear that climate change increases food prices in ways they cannot control or predict, creating systemic risk to our food system [10]. There is no monetary policy lever they can pull to address this. Only by reducing our emissions to net zero and bringing balance back to our climate will we limit the impact of climate change on food prices in the future.”

ENDS

Notes to editors: 

1. The analysis, which focused on butter, beef and veal, whole milk, chocolate and coffee, is available to download here. 

2. August Bank of England Monetary Policy Committee Report and recent interview with Isabel Schnabel, Member of the Executive Board of the ECB

3. ECIU Comment on 2025 Defra Harvest Statistics

4. https://www.worldweatherattribution.org/autumn-and-winter-storms-over-uk-and-ireland-are-becoming-wetter-due-to-climate-change/

5. https://www.nature.com/articles/s41558-018-0376-6

6. Government -produced UK Food Security Report 2024.

7. https://www.worldweatherattribution.org/dangerous-humid-heat-in-southern-west-africa-about-4c-hotter-due-to-climate-change/

8. Reuters reporting on FAO report.

9. ECIU, Climate, Fossil Fuels and UK Food Prices: 2023

10. https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2821~f008e5cb9c.en.pdf

For more information or for interview requests:

George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net

(Bloomberg) — Asian shares rose Tuesday, buoyed by upbeat US earnings and indications that tensions between Washington and Beijing were easing.

Benchmarks in Japan and Australia climbed with stocks in South Korea jumping over 1% at the open. US equity futures edged higher after the S&P 500 and the Nasdaq 100 both rose more than 1% Monday. A gauge of US-listed Chinese companies advanced 2.4%, its best showing in a week. Gold extended gains in early Asian trading, even as some warned about a potential bubble in the precious metal.

The S&P 500 logged its biggest two-day gain since June on Monday, with about 85% of companies beating profit estimates so far. Strong third-quarter earnings helped temper worries over the US government shutdown, while hopes of progress in US-China trade talks lifted sentiment. President Donald Trump reiterated his threat to follow through on a tariff hike on Chinese goods “if there isn’t a deal” by Nov. 1, but said he plans to meet President Xi Jinping next week.

“Thank God for earnings season,” said Callie Cox at Ritholtz Wealth Management. Given the US government shutdown, analysts have been deprived of data for weeks, leading to “panic around headlines,” she said.

Earlier this month, markets were roiled as Trump raised the prospect of a sky-high tariff rate, citing China’s “hostile” export controls. Soybean futures rallied Monday, with growers holding out hope that Trump will make a deal with China to restart stalled American exports.

Separately, shares of critical mineral producers jumped in Sydney on Tuesday after Trump signed an agreement with Australian Prime Minister Anthony Albanese to boost America’s access to rare earths and other key materials.

US Inflation

After being delayed by the US government shutdown, the Bureau of Labor Statistics will release the September consumer price index on Friday. The data, originally slated for Oct. 15, will give Federal Reserve officials a critical piece of information on inflation ahead of their Oct. 30 meeting.

Economists in a Bloomberg survey forecast the core CPI, which excludes food and fuel for a better snapshot of underlying inflation, to have climbed 0.3% for a third straight month as higher import duties continue to gradually filter through to consumers. The projected monthly gain will keep the annual core CPI at 3.1%.

“September core CPI likely moderated slightly due to cooling services prices offsetting additional tariff passthrough into goods prices,” said Oscar Munoz at TD Securities. “Energy prices likely boosted headline CPI.”

Friday’s inflation data may take on greater importance due to the government shutdown-driven data drought, said Rick Gardner at RGA Investments. He still sees a Fed cut in October and noted that a key test will be big tech earnings, with investors looking for clarity on how spending on artificial intelligence is leading to profitability.

“We are seeing the typical seasonal volatility in October, but the recent swings have been relatively shallow by historical standards, as the buy-the-dip mentality appears to be in play,” Gardner said.

Some of the main moves in markets:

Stocks

S&P 500 futures were little changed as of 9:16 a.m. Tokyo time Hang Seng futures rose 1.4% Japan’s Topix rose 0.4% Australia’s S&P/ASX 200 rose 0.6% Euro Stoxx 50 futures rose 0.2% Currencies

The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1651 The Japanese yen was little changed at 150.61 per dollar The offshore yuan was little changed at 7.1226 per dollar The Australian dollar was little changed at $0.6518 Cryptocurrencies

Bitcoin fell 0.7% to $110,323.19 Ether fell 0.7% to $3,971.05 Bonds

The yield on 10-year Treasuries was unchanged at 3.98% Japan’s 10-year yield declined one basis point to 1.660% Australia’s 10-year yield declined three basis points to 4.12% Commodities

West Texas Intermediate crude fell 0.1% to $57.45 a barrel Spot gold was little changed This story was produced with the assistance of Bloomberg Automation.

©2025 Bloomberg L.P.

Chinese-speaking actors evade government restrictions and solicit criminal services through anonymized marketplaces; AI-accelerated ransomware operations signal next evolution of threats

AUSTIN, Texas and GovWare 2025, Singapore – October 20, 2025 – CrowdStrike (NASDAQ: CRWD) today released the 2025 APJ eCrime Landscape Report, exposing a thriving Chinese-language underground ecosystem and the rise of AI-enhanced ransomware operations. Despite the Chinese government’s internet restrictions and eCrime crackdown, anonymized marketplaces remain central to cybercrime activity across Asia Pacific and Japan (APJ). This ecosystem provides a safe haven for Chinese-speaking actors to buy and sell stolen credentials, phishing kits, malware, and money-laundering services – processing billions in illicit transactions.

At the same time, AI is transforming the ransomware economy. From AI-enhanced social engineering to automated malware development, AI is accelerating every stage of the attack chain – representing a new wave of adversaries executing Big Game Hunting campaigns against high-value organizations across APJ.

APJ eCrime Landscape Report Highlights:

Based on frontline intelligence from CrowdStrike’s elite threat hunters and intelligence analysts tracking  more than 265 named adversaries, the report reveals:

• Chinese eCrime Marketplaces Evade Oversight: Amid tightened restrictions, Chinese underground markets — including Chang’an, FreeCity, and Huione Guarantee — preserve anonymity across clearnet, darknet, and Telegram channels. This decentralized ecosystem remains a hub for Chinese-speaking actors focused on operational security (OPSEC), with Huione Guarantee alone processing an estimated $27 billion USD before its 2025 disruption.
• AI Escalates Big Game Hunting Ransomware Campaigns: AI-accelerated ransomware on high-value targets surged, with India, Australia, and Japan among the most impacted countries. Emerging Ransomware-as-a-Service providers KillSec and Funklocker – leveraging AI-developed malware – accounted for more than 120 incidents. Top targeted sectors included manufacturing, technology, and financial services, with 763 victims publicly named on dedicated leak sites.
• Chinese-Speaking Actors Exploit Japanese Trading Accounts: Coordinated account takeover (ATO) campaigns targeting Japanese securities platforms compromised users to artificially inflate the value of thinly traded China-based stocks. This pump-and-dump scheme, traced to Chinese-speaking threat actors, used shared phishing infrastructure to sell victim data on underground forums, including Chang’an Marketplace.
• eCrime Service Providers Industrialize Attacks: Providers such as CDNCLOUD (Bulletproof Hosting), Magical Cat (Phishing-as-a-Service), and Graves International SMS (Global Spam Service) enabled scalable phishing, malware distribution, and monetization operations throughout the region.
• Remote Access Tools Target Regional Users: Likely Chinese-speaking eCrime actors deployed tools like ChangemeRAT, ElseRAT, and WhiteFoxRAT to exploit Chinese- and Japanese-speaking users through SEO poisoning, malvertising, and phishing attacks masquerading as purchase orders.

“eCrime actors are industrializing cybercrime across APJ through thriving underground markets and complex ransomware operations. Simultaneously, AI-developed malware enables adversaries to launch high-velocity, high-volume attacks,” said Adam Meyers, head of counter adversary operations at CrowdStrike. “Defenders must meet this new pace of attack with decisive action, powered by AI, informed by human experience, and unified in response.” 

Download the 2025 APJ eCrime Landscape Report to explore in-depth insights, adversary profiles, and expert strategies for defending against APJ’s evolving cyber threats.

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Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

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