Banking/Financial Service

Xinhua Finance Launches China Consumer Confidence Index

SHANGHAI, June 27 /Xinhua-PRNewswire/ -- Xinhua Finance Limited ("XFL"; TSE Mothers: 9399; OTC ADRs: XHFNY), China's premier financial information and media provider, today announced the launch of the Xinhua Finance eziData China Consumer Confidence Index (CCCI), a new barometer of Chinese con...

2007-06-27 21:17 848

Xinhua Finance/Milken Institute Chinese IPO Indicator Update: May IPO Indicator remains at high of 251.1

SHANGHAI, China, June 27 /Xinhua-PRNewswire/ -- (Logo: http://www.prnasia.com/sa/200611140926.gif ) Indicator Value Change May 2007: 251.1 April 2007: 251.1 Month-to-month change: 0.0% May 2006: 182.5 Year-to-year chan...

2007-06-27 15:46 946

Xinhua Finance/Milken Institute Renminbi Pressure Indicator Update: March RPI Growth Slows Slightly, Trade Surplus Continues to Widen

SHANGHAI, China, 27 June /Xinhua-PRNewswire/ -- (Logo: http://www.prnasia.com/sa/200611140926.gif ) Indicator Value Change March 2007:202.7 February 2007: 200.1 Month-to-month change:1.30% March 2006: 180.2 Year-to-year change: 12.46% Click http:/...

2007-06-27 15:45 834

Hans Morris Named President of Visa Inc.

SAN FRANCISCO, June 27 /Xinhua-PRNewswire/ -- Visa announced today that Hans Morris has been appointed President of Visa Inc., effective September 1, 2007. Morris fills this newly created post following a distinguished career at Citi that spanned 27 years. The organization will offici...

2007-06-27 08:20 738

China BAK Renews Credit Facilities, Increases Maximum Amount Available to RMB 2.1 Billion (U.S. $281.5 million)

SHENZHEN, China, June 26 /Xinhua-PRNewswire/ -- China BAK Battery, Inc. ("China BAK" or "BAK") (Nasdaq: CBAK), today announced that it has renewed and increased its comprehensive credit facilities with Shenzhen Eastern Branch, Agricultural Bank of China ("Agricultural Bank") and Shenzhen Shu...

2007-06-26 21:00 859

KIDCan to Benefit from XL Results Foundation Expansion into France

XL Results Foundation Launches in Paris France, Providing Support for KIDCan and Children with Cancer SINGAPORE, June 27 /Xinhua-PRNewswire/ -- XL Results Foundation, the world's leading entrepreneur and social enterprise network, will officially launch in France on June 28. This is the s...

2007-06-27 07:00 664

Charity Auction of HKD20,000,000 Worth Rare Root Sculptures

Aim at Promoting Palm Print Illness Precaution for the Poor Part of the Auctioned Fund will be Donated to Hong Kong Red Cross for Relief Work in China Hong Kong, June 26 /Xinhua-PRNewswire/ -- Local renowned collector Master Wong Yuen Chung will donate three rare and valuable root sculp...

2007-06-26 18:11 934

Global Sources Included in Russell 3000(R) Index

HONG KONG, June 26 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd. (Nasdaq: GSOL) has been included in the Russell 3000(R) Index. Membership in the Russell 3000, which reflects the largest 3,000 US stocks as of the last trading day of May, is reconstituted each year at the end of J...

2007-06-26 17:00 627

Auerbach Grayson Expands Market Coverage of Greater China

NEW YORK, June 26 /Xinhua-PRNewswire/ -- Auerbach Grayson & Company, Inc., a New York-based brokerage firm that specializes in international trading for U.S. institutional investors, announced today that it has expanded its coverage of Asian public companies through an existing relationship wi...

2007-06-26 20:54 966

Score One to Acquire $75 Million Dalian Project

HONG KONG, June 23 /Xinhua-PRNewswire/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that its wholly owned subsidiary, RC Capital Limited entered into an agreement to acquire Dalian Fengming International Recreation Town Phase II ("Recreation Town"). Recreation Town is a piece ...

2007-06-23 04:00 592

Visa Files Registration Statement Related to Restructuring

SAN FRANCISCO, June 25 /Xinhua-PRNewswire/ -- Visa Inc. today filed a registration statement with the United States Securities and Exchange Commission (SEC) related to the series of transactions for the planned combination of Visa Canada, Visa International and Visa USA into a single private s...

2007-06-25 11:09 539

Safe Harbor Issues New Open Letter to Shareholders Urging Support for Resolutions

Safe Harbor Encouraged by Strong Shareholder Support Particularly from SNT's Individual Shareholders HONG KONG, June 21 /Xinhua-PRNewswire/ -- Safe Harbor Master Fund L.P. ("Safe Harbor Fund"), a fund managed by Safe Harbor Investment Ltd. (hereafter "Safe Harbor"), the largest shareholder ...

2007-06-21 08:16 640

Qiao Xing Universal Telephone, Inc. to Postpone the Filing of Its 2006 Annual Report on Form 20-F

BEIJING, June 20 /Xinhua-PRNewswire/ -- Qiao Xing Universal Telephone, Inc (Nasdaq: XING) today announces that the Company will need more time than previously estimated to prepare its annual report on Form 20-F for the fiscal year 2006. As Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM), a...

2007-06-20 21:00 630

3.53 Billion Shares Trade Over Thomson Financial's Order Routing Network in Record Day

Thomson's Global Expansion in Equities Strengthened by Addition of New Local Broker Destinations in Emerging European, Asian and Latin American Markets NEW YORK, June 20 /Xinhua-PRNewswire/ -- Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and a lead...

2007-06-20 08:44 670

Intermost Corporation Appoints New CEO and CFO

SHENZHEN, China, June 19 /Xinhua-PRNewswire/ -- Intermost Corporation (OTC Bulletin Board: IMOT), announced that due to the rapid growth of the Electronic and related Business within the Group, the Board of Directors has decided to appoint New Chief Executive Officer and Chief Financial Office...

2007-06-19 21:00 1040

Score One's Strategy Same as Major Developer with US$100 million Profit

HONG KONG, June 19 /Xinhua-PRNewswire-FirstCall/ -- Score One Inc. (OTC Bulletin Board: SREA) announced today that its investment strategy is similar to that of a major real estate development group listed on the Hong Kong Stock Exchange, the Shui On Group with 2006 profits of over US$100 mill...

2007-06-19 01:55 658

Global Sources Announces Decision Not to Exercise Option for HC International, Inc. Shares

NEW YORK, June 17 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd. (Nasdaq: GSOL) ("Global Sources") today announced its wholly-owned subsidiary, Trade Media Holdings Limited ("Trade Media Holdings"), will not exercise its option to increase its equity stake in HC International, Inc. ("HC ...

2007-06-18 08:37 539

Dah Sing Group Partners with SAS to Implement Basel II

HONG KONG, June 15 /Xinhua-PRNewswire/ -- SAS, the global leader in business intelligence, is pleased to announce that it has been selected by Dah Sing Group (Dah Sing) as a strategic partner to implement the Internal Ratings-based (IRB) approach according to the guidelines of the Banking (Cap...

2007-06-15 17:21 914

Home System Group Completes Asset Purchase with Guangzhou City Keyun Light Industry Machinery Co. Ltd.

New Coffee Maker Line to Broaden Proprietary Product Portfolio while Enhancing Home System Group's Research and Development Capabilities LOS ANGELES, Calif., June 15 /Xinhua-PRNewswire-FirstCall/ -- Home System Group (OTC Bulletin Board: HSYT) ("Home System Group" or the "Company") based in G...

2007-06-15 21:01 855

China Mobile Limited 2006 Annual Report on Form 20-F Filed with the SEC

HONG KONG, June 13 /Xinhua-PRNewswire-FirstCall/ -- China Mobile Limited (the "Company") (HKEx: 941) (NYSE: CHL) announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2006 (the "2006 Form 20-F") with the U.S. Securities and Exchange Commission. ...

2007-06-13 14:46 582