Financial Services

Sohu.com Enters into a Definitive Agreement for Changyou.com Going-Private Transaction

BEIJING, Jan. 24, 2020 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU) ("Sohu" or the "Company"),China's leading online media, video, search and gaming business group, today announced that its wholly-owned subsidiary Sohu.com (Game) Limited ("Sohu Game") and a newly-formed wholly-owned subsidiary...

2020-01-24 17:10 16849

Changyou.com Enters into a Definitive Agreement for Going-Private Transaction

BEIJING, Jan. 24, 2020 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator inChina , today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Sohu.com (Game) Limited ...

2020-01-24 17:00 16700

SCB 1OX launches "Moonshot Mission" focusing on Thailand's first "Venture Builder", aiming to become ASEAN leader in venture builder and digital technology investment

BANGKOK, Jan. 24, 2020 /PRNewswire/ -- SCB 1OX Company Limited, a subsidiary under Siam Commercial Bank PCL (SCB), announced its readiness to push forward a new growth engine for the development of digital technology capabilities through the "Moonshot Mission", set to underline the investments th...

2020-01-24 15:03 3267

DMCC Announces Crypto Valley in Dubai at Davos 2020, Boosting Blockchain Ecosystem

- World's largest ecosystem for cryptographic, blockchain and distributed ledger technologies to launch inDubai DUBAI, UAE, Jan. 24, 2020 /PRNewswire/ -- DMCC  – the world's flagship free zone and Government of Dubai Authority on commodities trade and enterprise – announced...

2020-01-24 14:43 3075

Tradewind Provides Reverse Factoring Facility to Electronics Company based in Hong Kong

HONG KONG, Jan. 23, 2020 /PRNewswire/ -- Tradewind has closed a reverse factoring deal with aHong Kong-based electronics company whose buyer is located inthe United States. The deal marks the addition of a second supplier to the vendor finance program that Tradewind has set up for the US buyer. T...

2020-01-23 18:20 3337

Digital wealth manager Kristal.AI raises 6 million in Series A funding

HONG KONG, Jan. 23, 2020 /PRNewswire/ -- Kristal.AI is a 4-year old invest-tech startup which uses a bionic approach to personalize investments. The company started its business inHong Kong since 2016 and now it is planning to use its Series A funding, to bring its AI-driven personalized wealth p...

2020-01-23 17:14 4603

Asia sees VC deals decline in fourth quarter, 2019, finds KPMG analysis

HONG KONG, Jan. 23, 2020 /PRNewswire/ -- Hong Kong saw interest from venture capital (VC) investors during Q4'19, led by aUSD 180 million funding raised by data centre construction and engineering company Chayora. Life sciences and TMT sectors remain of interest for VC investors inHong Kong, acco...

2020-01-23 16:47 2062

Ping An Presents Poverty Alleviation Model at Davos Forum on Sustainable Development

HONG KONG and SHANGHAI, Jan. 23, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) presented its smart poverty alleviation model and its environmental, social and governance (ESG) management system at the World Econom...

2020-01-23 15:43 18471

Annual results 2019: Union Bancaire Privee's assets under management rise more than 10% to CHF 140.3 billion

GENEVA, Jan. 23, 2020 /PRNewswire/ -- * Assets under management were CHF 140.3 billion at the end of 2019, up 10.6% (CHF 13.5 billion) for the year. * Net inflows were positive, showing an increase of CHF 4.5 billion for the year. * Net earnings came to CHF 187.8 million, compared with CHF ...

2020-01-23 14:45 2572

Xinhua Silk Road: "Ecosphere Economy" to inject new impetus into globalization, Yili chairman

BEIJING, Jan. 23, 2020 /PRNewswire/ -- "Ecosphere Economy" featuring openness, inclusiveness, innovation and win-win cooperation will inject new impetus into economic globalization, stated Pan Gang, chairman ofChina's dairy giant Inner Mongolia Yili Industrial Group Co.Ltd. Tuesday.

2020-01-23 09:33 3976

FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks

SINGAPORE, Jan. 23, 2020 /PRNewswire/ -- 4 in 5 Asia-Pacific banks have seen fraud losses increase due to real-time payment platforms. Highlights: * 4 out of 5 Asia Pacific banks (78%) say the introduc...

2020-01-23 09:00 17945

Partners Capital Promotes Alex Band and Will Jagger to Partner and Announces Four Promotions to Managing Director

LONDON, Jan. 23, 2020 /PRNewswire/ -- Partners Capital, the leading global Outsourced Investment Office with$27 billion of assets under management, announces the promotions ofAlex Band and Will Jagger from Managing Director to Partner*.Edmondo Barletta, Jessica Drapkin, Murtaza Sunderji and Zheny...

2020-01-23 08:00 2030

UnionPay International and PayPal Enter Global Partnership Agreement to Accelerate Growth of Digital Payments

SHANGHAI and SAN JOSE, California, Jan. 23, 2020 /PRNewswire/ -- UnionPay International (UPI) and PayPal (NASDAQ: PYPL), today announced a global partnership where both companies will work together to accelerate the growth of their networks. As part of the agreement, PayPal has committed to suppo...

2020-01-23 06:00 3492

SaaSOptics Announces Subscription Management Platform for Xero Customers

New integration with Xero brings B2B SaaS businesses support for GAAP/IFRS-compliant revenue recognition and the metrics and analytics needed for growth ATLANTA, Jan. 23, 2020 /PRNewswire/ -- SaaSOptics, the only subscription management platform designed for emerging and growing B2B SaaS and su...

2020-01-23 05:00 1139

Auswide Bank Expedites its Process Improvement Journey with Nintex Promapp and Nintex Workflow and Forms

Queensland-based bank leverages process management and automation capabilities included in the Nintex Process Platform to identify process efficiencies as well as to successfully transform its employee and customer experience MELBOURNE, Australia, Jan. 23, 2020 /PRNewswire/ -- Nintex, the global ...

2020-01-23 04:02 1945

Taiwan Tech Arena sets new record for Taiwan's achievements at CES 2020

TAIPEI, Jan. 22, 2020 /PRNewswire/ -- In order to pave the way for Taiwan's startups to enter international market, the"Ministry of Science and Technology (MOST)" organizes a delegation with 82 teams which led by TTA (Taiwan Tech Arena) to attend CES 2020 (Consumer Electronics Show), and build na...

2020-01-23 00:00 1450

Xinyuan Real Estate Announces New Bond Repurchase Program

BEIJING, Jan. 22, 2020 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager, today announced that effectiveJanuary 20, 2020, the Board of Directors approved a new bond repurchase program of up toUS$50 mil...

2020-01-22 21:30 17757

Acorn International Announces Appointment of Independent Financial Advisor and Legal Counsel to Special Committee

SHANGHAI, Jan. 22, 2020 /PRNewswire/ -- Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Company"), a leading marketing and branding company inChina, today announced that the special committee of independent directors of the Company's board of directors, consisting ofUrs P. Zimmerman, Jenny...

2020-01-22 19:30 17838

China Finance Online Regaining of Minimum Bid Price Compliance

BEIJING, Jan. 22, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading...

2020-01-22 19:15 16617

Trip.com Group Ltd. to Report Fourth Quarter of 2019 Financial Results on February 26, 2020 U.S. Time

SHANGHAI, Jan. 22, 2020 /PRNewswire/ -- Trip.com Group Ltd. (Nasdaq: TCOM), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its fourth quarter of 2019 results onWednesday, February 26,...

2020-01-22 17:00 16644