Financial Services
Warburg Pincus Closes $4.25 Billion China-Southeast Asia II Fund
BEIJING, HONG KONG, SHANGHAI, SINGAPORE and NEW YORK, June 27, 2019 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the successful close of Warburg Pincus China-Southeast Asia II, L.P. ("Warburg Pincus China-SEA II"). Warburg Pincu...
Artprice: The "Toulouse Caravaggio" Acquired Privately
PARIS, June 27, 2019 /PRNewswire/ -- The public sale was scheduled for Thursday, 27 June at 18:00, Toulouse time. According to theSale Conditions, anyone interested in acquiring the painting had to"register as a bidder at least 15 days before the sale." As thierry Ehrmann explains, that meant tha...
Weibo Announces Pricing of US$800 Million Notes Offering
BEIJING, China, June 26, 2019 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB), a leading social media inChina, today announced the pricing of its public offering ofUS$800 million aggregate principal amount of its 3.500% notes due 2024. The notes have been registered unde...
Ossen Innovation Announces Loan Financing of its Jiujiang Subsidiary
SHANGHAI, June 26, 2019 /PRNewswire/ -- Ossen Innovation Co., Ltd. ("Ossen Innovation" or the "Company") (Nasdaq: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that its subsidiary, Ossen (Jiujiang) Innovation...
Wins Finance Holdings Inc. Reports Unaudited Financial Results for the Six Months Ended December 31, 2018
BEIJING and NEW YORK, June 26, 2019 /PRNewswire/ -- Wins Finance Holdings Inc. ("Wins Finance" or the "Company") (NASDAQ: WINS), a diversified investment and asset management company that provides integrated financing solutions to small and medium enterprises ("SMEs") inChina, today announced its...
Royal Canadian Mint issues coin minted of pure Nunavut gold in celebration of the 20th Anniversary of Canada's newest territory
OTTAWA, Ontario, June 26, 2019 /PRNewswire/ -- In celebration of the 20th anniversary of the Nunavut Territory, the Royal Canadian Mint has proudly issued a new collector coin crafted entirely ofNunavut-sourced gold. The coin recaptures, in 99.99% pure gold, Germaine Arnaktauyok's iconic drummer ...
Corteva Announces $1 Billion Share Repurchase Program and Quarterly Dividend
WILMINGTON, Delaware, June 26, 2019 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced the authorization of a $1 billion share repurchase program and first common stock dividend after its spinoff from DowDuPont – collectively reinforcing the Company's ongoing commitment to return value to...
Suning.com Ranked 1st Place Among China's Most Valuable Brand in Retail Industry
NANJING, China, June 26, 2019 /PRNewswire/ -- On June 26, World Brand Lab released its 16th "China's 500 Most Valuable Brands". Suning.com, the retail subsidiary of Suning Holdings Group ("Suning") was listed on the 13th place for the second consecutive years, and ranked No.1 among retail industr...
PouchNATION Closes Series B Round to Conquer the Entertainment and Attractions Business in Asia
SINGAPORE, June 26, 2019 /PRNewswire/ -- Emerging as a leader in digitizing mass participation events and venues through the use of NFC technology, PouchNATION (pouchnation.com) has secured a Series B investment round from Traveloka and SPH Ventures. PouchNATION's evolution and expansion has co...
Saudi Aramco Advances Global Chemicals Strategy With S-Oil Expansion Project in Ulsan, South Korea
- The relationship between Saudi Aramco and S-Oil grows stronger with the inauguration of the new complex inSouth Korea. SEOUL, June 26, 2019 /PRNewswire/ -- Saudi Aramco is advancing its global chemicals growth strategy with today's inauguration of S-Oil's new Residue Upgrading Complex and Olef...
Saudi Aramco Signs 12 Agreements With South Korean Partners Worth Billions of Dollars
- The agreements demonstrate Saudi Aramco's commitment to South Korea's energy security and development - The agreements cover ship building, engine manufacturing, refining, petrochemicals, as well as crude supply, sales, and storage SEOUL, June 26, 2019 /PRNewswire/ -- Saudi Aramco and its aff...
Purecircle Holdings Announces Name Change to Pure CE
SINGAPORE, June 26, 2019 /PRNewswire/ -- Pure CE Pte Ltd, formerly Purecircle Holdings Pte Ltd today announced that it changed its corporate name from "Purecircle Holdings" to "Pure CE". Pure CE updated its corporate name and branding to better reflect its identity as a leading private equi...
Investment trade fair in Haixi generates projects worth 23.5 b yuan
XINING, China, June 26, 2019 /PRNewswire/ -- A three-day investment and trade fair featuring sustainable development for Haixi Mongolian Tibet Autonomous Prefecture inNorthwest China's Qinghai province ended on 22 June, according to the Publicity Department of the CPC Haixi Mongolian Tibet auton...
Wirecard Expands Regional Business Partnership With Amway to Boost its Payment Capabilities Across Asia Pacific
* Amway is the world's No. 1 direct selling company * Wirecard to extend digital payment services to Amway Thailand, after implementing its financial commerce platform forBrunei, Malaysia and Singapore and tripling the number of transactions in those countries * Customers to benefit from mul...
Fang Announces ADS Ratio Change
BEIJING, June 25, 2019 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or "we"), a leading real estate Internet portal inChina, today announced that the ratio of American depositary shares ("ADSs") representing its Class A ordinary shares is being amended from five (5) ADSs representin...
OneConnect executive Hannah Qiu highlights the role of technology in improving efficiency and fairness at the Bloomberg Asean Business Summit
SHENZHEN, China, June 25, 2019 /PRNewswire/ -- The Bloomberg Asean Business Summit was held inBangkok, Thailand on June 21. Hannah Qiu, Co-General Manager of Ping An OneConnect, participated in the Digital Economy-themed roundtable session during the event, discussing howSoutheast Asia can take a...
Mark Singer Joins Blackhawk Network as Managing Director, Asia Pacific
Singer is a seasoned leader with proven success in global business entry and expansion PLEASANTON, California, June 26, 2019 /PRNewswire/ -- Branded payments provider Blackhawk Network today announced thatMark Singer has joined the company as managing director,Asia Pacific. In his new role, Sing...
Japan-Based Investors Embrace Alternative Assets
SINGAPORE, June 26, 2019 /PRNewswire/ -- Preqin's new report on alternative asset investors inJapan finds that when the Bank of Japan adopted negative interest rates in 2016, it led many investors to seek more diversification and higher yields by investing in alternative assets. In 2019, two-thir...
Building Trust Is Key to Addressing Underinsurance in Mature Markets, Reveals a Geneva Association Customer Survey
ZURICH, June 26, 2019 /PRNewswire/ -- Insurance protection gaps in mature markets could be narrowed by reinforcing trust in insurers, finds a customer survey of The Geneva Association, the global organisation of chief executive officers of insurance and reinsurance companies. The Geneva Associat...
Global IPO market shows continued signs of slowdown in Q2 2019
LONDON, June 26, 2019 /PRNewswire/ -- The trend of unicorn IPOs coming to market and pushing their proceeds to historic levels continued in Q2 2019 despite ongoing geopolitical uncertainty and trade tensions, resulting in 507 IPOs in H1 2019, raising total proceeds ofUS$71.9b. While deal numbers ...
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