PR Newswire

At the Boao Forum for Asia Perth Conference on July 27, Li Donglin, Chairman of CRRC Zhuzhou Institute, joined global political and business leaders to share the company’s strategy for scaling green industries through proprietary technologies and application-driven innovation. Discussing how to move innovation from the laboratory to commercial deployment, Li argued that real-world industrial settings should determine technology priorities. He cited partnerships with XCMG Group and Australian mining giant Fortescue as examples. Together they are creating integrated green value chains linking mines, railways and shipping—for example, using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel. These system-level applications, Li said, create the real-world demand that drives innovation.”The economics of a project ultimately determine whether green innovation can scale globally,” Li said. He stressed that investors focus on profitability and long-term value. To that end, the company is raising R&D spending to improve the efficiency of green energy conversion and drive unit costs down to globally competitive levels.

Sierra Leone, one of the countries with the lowest electricity access rates globally, has long faced challenges from limited power infrastructure and unreliable electricity supply. The national grid relies on a single 161kV transmission line with a capacity of 70MW, connecting the Bumbuna Hydropower Plant to the distribution network of Freetown, Sierra Leone’s capital. Of the approximately 172,000 electricity users nationwide, 90% are concentrated in Freetown, leaving most regions with limited access to reliable power. Only 5 of the 16 regional capitals receive partial electricity supply from diesel generators and hydropower facilities, while rural electrification remains severely constrained.

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, announced that Investec has selected the Finacle Digital Banking Solution Suite on Microsoft Azure to modernize its banking operations across multiple countries. The bank will migrate from legacy platforms to Finacle, enabling enhanced business agility, operational efficiency, and regulatory compliance. Key benefits include real-time data and AI foundations, accelerated lending growth, compelling cash management propositions, sharper liquidity optimization, seamless connectivity with the fintech ecosystem, and cloud-native SaaS implementation through the Microsoft Marketplace.

Binance today announced that bStocks, its tokenized securities offering, has surpassed $500 million in assets under management (AUM), seven weeks after launch. Since going live on June 11, 2026, the product has expanded from five tickers to more than 46 listings, providing eligible users with 24/7 access to tokenized securities and free, instant conversion between a bStock and its underlying stock.