Banking/Financial Service

Arsenal Capital Partners Establishes Presence in China

Presence in Mainland China Will Foster Growth Of Portfolio Companies; New Office Headed By Senior Operating Executive NEW YORK, Jan. 17 /Xinhua-PRNewswire/ -- Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market specialty industrial, hea...

2008-01-17 10:00 607

Reputable US & Canada Franchisors Seeking Master Franchisee in Singapore as Strategic Entry to Asia

SINGAPORE, Jan. 11 /Xinhua-PRNewswire/ -- Asia Franchise Networks announced that following the rising growth trends of franchises in the Asia, five prominent U.S. and Canada companies are seeking Master Franchisee for Asian countries with Singapore as the strategic entry point to Asia. ...

2008-01-11 10:00 1171

China Clean Energy Completes $15 Million Private Placement Financing

FUQING, China, Jan. 10 /Xinhua-PRNewswire-FirstCall/ -- China Clean Energy Inc. (OTC Bulletin Board: CCGY) ("China Clean Energy", "the Company"), a leading producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources in The People's Republ...

2008-01-10 21:00 995

Corning Incorporated Recognized for Contributions to Poverty Alleviation in China

BEIJING, Jan. 10 /Xinhua-PRNewswire/ -- In recognition of its corporate social responsibility (CSR) efforts in China, Corning Incorporated (NYSE: GLW) was presented with a "Caring Corporation" award today at the "2007 Poverty Alleviation China Round" awarding ceremony at the Great Hall of the ...

2008-01-10 17:43 1730

Atticus Capital Clarifies Position in Deutsche Boerse

Maintains Exposure to in Excess of 11% of Deutsche Boerse NEW YORK, Jan. 9 /Xinhua-PRNewswire/ -- Atticus Capital today sent the following letter to Reto Francioni, Chief Executive Officer of Deutsche Boerse (GR: DB1): January 8, 2008 Reto Francioni Chief Executive Of...

2008-01-09 04:22 1266

UMC Reports Sales for December 2007

TAIPEI, Taiwan, Jan. 8 /Xinhua-PRNewswire-FirstCall/ -- United Microelectronics Corporation (NYSE: UMC; TAIEX: 2303; UMC) today reported unaudited net sales for the month of December 2007. Revenues for December 2007 Period 2007 2006 Y/Y Change Y/Y (%...

2008-01-08 14:54 694

Longtop Financial Technologies to Attend Deutsche Bank Access China Conference

XIAMEN, China, Jan. 7 /Xinhua-PRNewswire/ -- Longtop Financial Technologies Limited ("Longtop") (NYSE: LFT), a leading software developer and solutions provider targeting the financial services industry in China, announced today that Weizhou Lian, Chief Executive Officer of Longtop and Derek P...

2008-01-07 21:00 922

China Finance Online Partners Again with Subsidiary of Shanghai Stock Exchange to Provide Stock Market Data Services

BEIJING, Jan. 7 /Xinhua-PRNewswire/ -- China Finance Online Co., Limited (Nasdaq: JRJC), a leading provider of value added financial information, data, and analytics to individuals and companies of all sizes in China, today announced that it has entered into a license agreement with Shanghai...

2008-01-07 19:00 1149

China Finance, Inc. Announces Plan for Reinstatement or Reincorporation in Response to Administrative Dissolution

NEW YORK, Jan. 4 /Xinhua-PRNewswire/ -- China Finance, Inc., a provider of financial support and services for China's large and rapidly expanding class of small and medium enterprises (SMEs), today announced that, as a result of inadvertent failures to timely file annual reports in the state...

2008-01-04 23:42 937

CNinsure to Acquire 60% Stake in Insurance Agency

GUANGZHOU, China, Jan. 4 /Xinhua-PRNewswire/ -- CNinsure Inc. (Nasdaq: CISG), a leading independent insurance agency and brokerage company operating in China, today announced the signing of a definitive agreement to acquire a 60% stake in Hubei East Century Insurance Agency Co., Ltd. (“East Ce...

2008-01-04 22:00 926

DBS Bank Puts Its Money on an Asian Fragrancing and Music Styling Solution from Equal Strategy

SINGAPORE, Jan. 4 /Xinhua-PRNewswire/ -- To impart a more "Asian" brand supporting a recent strategic brand repositioning, DBS Bank has introduced a fragrancing and music styling solution developed by environmental brand consultant Equal Strategy. The solution will initially run as a pilot s...

2008-01-04 10:00 792

WLG Inc. Announces New OTCBB Symbol

CHICAGO, Jan. 3 /Xinhua-PRNewswire-FirstCall/ -- WLG Inc., ("WLG") (OTC Bulletin Board: WLGI), formerly Wako Logistics Group, Inc. -- OTC Bulletin Board: WKOL, announced today that effective as of the opening of business on December 31, 2007, the Company's new OTC Bulletin Board stock symbol...

2008-01-04 06:00 685

Global Payments Reports Second Quarter Earnings

ATLANTA, Jan. 4 /Xinhua-PRNewswire/ -- Global Payments Inc. (NYSE: GPN) today announced results for its second quarter ended November 30, 2007. For the second quarter, revenue grew 18 percent to $308.8 million compared to $260.7 million in the prior year. Excluding the impact of curren...

2008-01-04 05:01 586

Market News International Launches MNI Credit Bullet Points

NEW YORK, Jan. 3 /Xinhua-PRNewswire/ -- Market News International is pleased to announce its new product, MNI Credit Bullet Points, set to launch January 2008. The new product will initially be available via the MNI website and Bloomberg. “The expertise of our staff has allowed us to bo...

2008-01-03 23:00 739

CNinsure Expanding Its Business to Zhejiang Province

GUANGZHOU, China, Jan. 3 /Xinhua-PRNewswire-FirstCall/ -- CNinsure Inc. (Nasdaq: CISG), a leading independent insurance agency and brokerage company operating in China, today announced the signing of a definitive agreement with three entrepreneurs to jointly establish Zhejiang Fanhua Tongchu...

2008-01-03 22:00 790

Zero2IPO Launches China's First VC/PE Online Database

BEIJING, Jan. 4 /Xinhua-PRNewswire/ -- Zero2IPO Research Center, the research wing of Zero2IPO Group -- a leading integrated Service Provider in the Chinese VC/PE industry, announced today that it has launched the China VentureDatabase, China's first Venture Capital (VC) and Private Equity (...

2008-01-04 21:00 638

Fuda Faucet Works, Inc. Announces New Ticker

SHANGRAO, China, Jan. 3 /Xinhua-PRNewswire-FirstCall/ -- Fuda Faucet Works, Inc. ("Fuda Faucet" or "the Company") (OTC Bulletin Board: FUFW), today announced that its stock will start trading on the Over the Counter Bulletin Board under the new ticker symbol "FUFW" effective immediately. Prior ...

2008-01-03 21:00 849

Johnson Stokes & Master and Mayer Brown Combine to Create a Market Leading Firm in Asia, the US and Europe

HONG KONG and CHICAGO, Dec. 21 /Xinhua-PRNewswire/ -- Johnson Stokes & Master (JSM), a leading Asian law firm, and Mayer Brown LLP, a leading global law firm, have agreed to combine as of January 28, 2008. The combined firm will provide a global service to clients through seven offices in Asia...

2007-12-22 01:47 2335

China's Largest Online Payment Service to Enable Chinese Consumers to Buy Directly From U.S. Retailers

As Millions of Chinese Consumers Flock to Internet to Purchase "Made in America" Products, International Deal Seen as Windfall for U.S. Companies HANGZHOU, China and NEW YORK, Dec. 20 /Xinhua-PRNewswire/ -- In a move aimed at enabling consumers in Mainland China to buy directly online from ...

2007-12-20 18:07 868

ChipMOS REPORTS NOVEMBER 2007 REVENUE

COMPANY UPDATES 4Q07 GUIDANCE HSINCHU, Taiwan, Dec. 18 /Xinhua-PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company''; Nasdaq: IMOS) today reported its unaudited consolidated revenue for the month of November 2007. Revenue for the month of November ...

2007-12-18 21:00 660