Financial Services

Survey of Finance Professionals Finds Global Economy Subdued with Weaknesses Persisting

The latest economic conditions report from ACCA and IMA paints a picture of a steady but weak global economy SINGAPORE, Feb. 1, 2023 /PRNewswire/ -- The global economy shows signs of steadying, however, many indicators remain weaker than a year ago, according to the Global Economic Conditions Su...

2023-02-01 15:00 2251

Hyundai Motor Celebrates Double Victories in WTCR 2022 with Exhibition and Employee Events

* Two-week exhibition features Elantra N TCR, the WTCR-winning car of the 2022 season, and Elantra N mass-production model with WTCR trophies and display celebrating Hyundai Motorsport's 10 years of achievements and history * WTCR 2022 season champion driver Mikel Azcona and previous WTCR cha...

2023-02-01 14:16 3163

Barry Callebaut appoints Ken Basha as new Managing Director for Australia and New Zealand (ANZ)

Appointment reaffirms our ongoing efforts to further accelerate our growth in ANZ SINGAPORE, Feb. 1, 2023 /PRNewswire/ -- The Barry Callebaut Group, the world's leading manufacturer of high-quality chocolate and cocoa products, announced today the appointment ofKen Basha as the Managing Director...

2023-02-01 09:07 2539

Microsoft appoints Miki Tsusaka as New President of Microsoft Japan

TOKYO, Feb. 1, 2023 /PRNewswire/ -- Microsoft is pleased to announce that Miki Tsusaka has been appointed as the new President of Microsoft Japan, effective today. Tsusaka will lead Microsoft Japan's engagement with its customers and business partners, and be responsible for all of its product, s...

2023-02-01 09:00 3305

SK hynix Reports 2022 and Fourth Quarter Financial Results

* FY2022 revenues at 44.648 trillion won, operating profit at 7.007 trillion won * First operating loss in 10 years in 4Q due to sluggish demand, price fall of memory chips * "Preparedness for new market based on technological competitiveness expected to lead to quick turnaround in earnings...

2023-02-01 07:12 3015

InterVest Expands its Specialty Finance Platform through Senior Hires

NEW YORK, Feb. 1, 2023 /PRNewswire/ -- InterVest Capital Partners ("InterVest"), a leading investment manager in structured finance verticals, announces the expansion of its specialty finance platform with seasoned senior hires. The new team members will focus on direct origination in consumer f...

2023-02-01 00:18 2668

Vesta Taps Shimon Steinmetz as Chief Financial Officer

Growth leadership and technology market expert hired to lead company's global financial operations and corporate development strategies ATLANTA, Feb. 1, 2023 /PRNewswire/ -- Vesta, a leading global transaction guarantee platform for online purchases, today announced the hiring of corporate trans...

2023-02-01 00:10 3470

SHEIN Appoints Marcelo Claure as Chairman of SHEIN Latin America

Claure to also make $100 million investment in SHEIN SINGAPORE, Jan. 31, 2023 /PRNewswire/ -- Today, SHEIN, a global e-retailer of fashion, beauty and lifestyle products, announced the appointment ofMarcelo Claure as Chairman of SHEIN Latin America. In this new role, Claure will oversee the comp...

2023-01-31 22:28 2221

QAX Makes Proposals at B20 Inception Meeting on Global Security Transformation in the Digital Era

BEIJING, Jan. 31, 2023 /PRNewswire/ -- On January 24, 2023, the inception meeting of the "Digital Transformation" task force of the B20 summit under the Indian presidency in the Group of Twenty (G20) was held online. As an important supporting activity of the G20 Summit, it was attended by repres...

2023-01-31 22:25 2247

ViewTrade Reports Record Growth in 2022, Anticipates Continued Momentum in 2023

Total accounts powered by ViewTrade grew more than 200%, overall client base increased 35% JERSEY CITY, N.J., Jan. 31, 2023 /PRNewswire/ -- ViewTrade, the force that powers fintech, today announced extensive client growth over the course of 2022 as the firm continues to expand, now serving fina...

2023-01-31 21:30 1618

Lanvin Group Plans to Announce 2022 Full-Year Preliminary Revenue Results on February 17, 2023; Announces Management Change

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, today announced that it will report its unaudited full-year 2022 preliminary revenue results and discuss the outlook for 2023 onFriday, February 17, 2023. The Group will also host a conf...

2023-01-31 21:00 2647

Lotus Technology to Go Public through Business Combination with L Catterton Asia Acquisition Corp, Accelerating Lotus's Vision to Deliver All-Electric, Sustainable Luxury Vehicles Globally

* Lotus Tech is a pioneering luxury electric vehicle maker that operates under the iconic British brand, Lotus.L Catterton Asia Acquisition Corp is a special purpose acquisition company listed on the Nasdaq(NASDAQ: LCAA) that is affiliated withL Catterton, a leading global consumer-focused inve...

2023-01-31 20:30 2446

Appendix 4C - Q2 FY23 Quarterly Cash Flow Report

Highlights: * Expanded participation in ATH434 Phase 2 clinical trial with sites opened for recruitment inAustralia, the United States, and Italy * Presented compelling bioMUSE data at two prestigious industry conferences * Granted a 20-year patent for 100 new compounds targeting Parkinson's...

2023-01-31 20:25 2789

CANADIAN SOLAR PARTNERS WITH GARDANT SGR ON ITS FIRST ITALIAN ALTERNATIVE INVESTMENT FUND

GUELPH, ON, Jan. 31, 2023 /PRNewswire/ -- Canadian Solar Inc . (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced it has signed an agreement to sell 30% of the preferred units of the Company's first Italian alternative investment fund ("CSFS Fund I"...

2023-01-31 20:00 2677

Eventus introduces Validus AML (VAML), new end-to-end anti-money laundering solution to help exchanges, institutions combat financial crime

Innovative offering combines signals-based approach, rules-based logic and advanced data analytics with customizable technology for targeted, efficient results NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Eventus, a leading global provider of multi-asset class trade surveillance and market risk solut...

2023-01-31 20:00 1598

Eventus introduces Validus AML (VAML), new end-to-end anti-money laundering solution to help exchanges, institutions combat financial crime

Innovative offering combines signals-based approach, rules-based logic and advanced data analytics with customizable technology for targeted, efficient results NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Eventus, a leading global provider of multi-asset class trade surveillance and market risk solut...

2023-01-31 20:00 1607

AXA Designated Endoscopy and Day Surgery Centre officially unveils

* Partnering with EC Healthcare to create one-stop services providing health check-ups, medical examinations and treatments * No pre-authorisation required for designated endoscopy and day surgery HONG KONG, Jan. 31, 2023 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") announced the official ...

2023-01-31 18:30 2659

Union Bancaire Privée reports net profit of CHF 210.4 million, up 4.5%

* UBP's net profit was CHF 210.4 million in 2022, up 4.5% from CHF 201.2 million a year earlier * Revenues rose by 7.0% to CHF 1.213 billion * Assets under management totalled CHF 140.4 billion at end 2022 GENEVA, Jan. 31, 2023 /PRNewswire/ -- Following the sharp correction in financial mark...

2023-01-31 18:23 2892

Landis+Gyr Holds Capital Markets Day and Announces Mid-Term Financial Year 2025 Targets

CHAM, Switzerland, Jan. 31, 2023 /PRNewswire/ -- Landis+Gyr Group AG (SIX: LAND) today holds its Capital Markets Day at Google in Zürich,Switzerland, and virtually, with Executive Management providing an update on the financial targets, industry, strategy and technology roadmaps. Highlights inclu...

2023-01-31 16:41 1840

UOB raises $2.4 million for charity with 1,500 clients, through the Bank's annual Lunar New Year Celebrations

SINGAPORE, Jan. 31, 2023 /PRNewswire/ -- UOB has partnered with some 1,500 clients to raise$2.4 million for charity as part of its Commercial Banking's annual Lunar New Year festive celebrations. The funds, raised through a series of art workshops and a fundraising gala dinner with clients, wi...

2023-01-31 15:21 2123