Financial Services

MSB (Erstwhile Maritime Bank) Elevates Customer Experience With SunTec Xelerate®

Introduces new capabilities to deploy Product Customization, Relationship-based Exception Pricing, Offer Management, and Fee Collection Automation THIRUVANANTHAPURAM, India and SINGAPORE, June 25, 2019 /PRNewswire/ -- SunTec, the leader in revenue management, relationship-based pricing, billing, ...

2019-06-25 07:00 2602

Margaret Franklin, CFA, Appointed CEO and President of CFA Institute

Industry veteran will assume leadership of the global association of investment professionals onSeptember 2, 2019 NEW YORK, June 24, 2019 /PRNewswire/ -- CFA Institute, the global association of investment professionals, today announced the appointment ofMargaret Franklin , CFA, as its new CEO an...

2019-06-24 23:00 1757

Gridsum Reports Unaudited First Quarter 2019 Financial Results

BEIJING, June 24, 2019 /PRNewswire/ -- Gridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions inChina, today reported its unaudited financial results for the first quarter endedMarch 31, 2...

2019-06-24 19:37 13835

ChipMOS to Present at 2019 UBS Taiwan Conference

HSINCHU, , June 24, 2019 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today announced that it will be presenting at the...

2019-06-24 16:30 13557

Silk Road Fund Becomes a 49% Shareholder in ACWA Power Renewable Energy Holding Ltd

DUBAI, United Arab Emirates, June 24, 2019 /PRNewswire/ -- ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants signed an agreement with Silk Road Fund, introducing it as a partner and shareholder in ACWA Power Renewable Energy Holding Ltd (ACWA ...

2019-06-24 14:52 4892

Tradewind Provides Trade Finance Facility for Printing Supplies Manufacturer and Exporter based in China

HONG KONG and SHANGHAI, June 24, 2019 /PRNewswire/ -- Tradewind  has closed a $1.1 million export factoring facility for a printing supplies manufacturer based inChina to ease its 90-day O/A cash flow pressure after delivery.

2019-06-24 14:01 4273

Tradewind Provides Trade Finance Facility for Printing Supplies Manufacturer and Exporter based in China

HONG KONG and SHANGHAI, June 24, 2019 /PRNewswire/ -- Tradewind  has closed a $1.1 million export factoring facility for a printing supplies manufacturer based inChina to ease its 90-day O/A cash flow pressure after delivery. The company's annual business volume is ...

2019-06-24 13:18 2628

LightInTheBox Holding Co., Ltd. to Report First Quarter 2019 Financial Results on Monday, June 24, 2019

BEIJING, June 24, 2019 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a leading cross-border e-commerce company that delivers products directly to consumers around the world, today announced that it will release its unaudited financial results for...

2019-06-24 12:15 12825

Shionogi Concludes Licensing Agreements with Eddingpharm for Lusutrombopag, a Thrombopoietin Receptor Agonist

OSAKA, Japan, June 24, 2019 /PRNewswire/ -- Shionogi & Co., Ltd. (hereafter "Shionogi" or "the Company") announces that the Company has concluded an agreement with Eddingpharm(hereafter "Eddingpharm") to license-out lusutrombopag, a thrombopoietin receptor agonist (brand name inJapan: MULPLETA® )...

2019-06-24 10:00 1986

COMET expands in Asia

Catherine Shang named as Vice President to grow Singapore office CHICAGO and SINGAPORE, June 24, 2019 /PRNewswire/ -- Today, TruMarx Data Partners, Inc., developers of the COMET energy marketplace, announces the appointment of Catherine Shang as Vice President, Asia Pacific.  Catherine will pri...

2019-06-24 10:00 1934

Financial Firms Building Climate Risk Management Programs, According to GARP Survey

NEW YORK and JERSEY CITY, New Jersey, June 24, 2019 /PRNewswire/ -- Banks, asset managers and insurers have been scaling up their climate risk management programs to address the financial risks posed by extreme weather or environmental regulations, according to a newglobal survey conducted by the...

2019-06-24 09:00 1686

Suning.com announces the acquisition of Carrefour China to achieve leaping development of FMCG retailing operations

NANJING, China, June 24, 2019 /PRNewswire/ -- Suning.com (the Company), the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises inChina, announced today it would buy an 80% equity stake in Carrefour China for €620 million (RMB 4.8 billion). After ...

2019-06-24 08:39 4245

China Literature and Singtel Forge Strategic Partnership to Promote Online Literature in Southeast Asia

SINGAPORE, June 22, 2019 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company") (Stock Code: 0772.HK), a leading online literature platform inChina, today announced a strategic partnership with Singapore Telecommunications Limited ("Singtel"), a leading communications tec...

2019-06-22 16:48 15208

MMTEC, INC. Announces Expansion of Its Business by Adding Investment Banking Service Line

BEIJING, June 21, 2019 /PRNewswire/-- MMTEC, Inc. (Nasdaq: MTC) ("MMTec" or the "Company") announced today that it had added a new financial advisory and investment banking business line to the roster of services it offers to its customers.  The underlying objective of this additional line is to...

2019-06-22 06:00 14864

Senmiao Technology Announces Closing of $6.0 Million Registered Direct Offering

CHENGDU, China, June 21, 2019 / PRNewswire/ -- Senmiao Technology Limited (Senmiao) (NASDAQ: AIHS), an operator of an online lending marketplace connecting Chinese investors with individual and small-to-medium-sized enterprise borrowers, and a provider of automobile transactions and related serv...

2019-06-22 04:15 14527

Qudian Inc. Updates Guidance for Full Year 2019

XIAMEN, China, June 21, 2019 /PRNewswire/ -- Qudian Inc. ("Qudian" or the "Company") (NYSE: QD), a leading provider of online small consumer credit products inChina, today announced that based on its latest operational outlook and market conditions, as well as preliminary expectations of the rele...

2019-06-21 20:00 14766

Mahindra Finance and Manulife form Asset Management Joint Venture in India

* Manulife Investment Management enters India for the first time through this joint venture * Aims to become a premier provider of retail investment solutions * Brings together respective strengths of Mahindra and Manulife to meet the growing needs of Indian consumers MUMBAI, India and NEW D...

2019-06-21 18:16 3043

Casablanca and Toronto Forge Closer Links to Foster Global Financial Services Collaboration

TORONTO, June 21, 2019 /PRNewswire/ -- Casablanca Finance City (CFC) and Toronto Finance International (TFI) today signed a Memorandum of Understanding (MoU), facilitating increased access and co-operation between theCasablanca and Toronto financial centres, and Africa and Canada more broadly. Th...

2019-06-21 15:00 3486

Alibaba Cloud becomes First Public Cloud Provider to Secure OSPAR Validation from the Association of Banks in Singapore

SINGAPORE, June 21, 2019 /PRNewswire/ -- Alibaba Cloud, the data intelligence backbone of Alibaba Group, announced on June 20 that it has become the first public cloud provider in the industry to attain the Outsourced Service Providers Audit Report (OSPAR) validation by the Association of Banks i...

2019-06-21 09:25 2774

Liquid Group partners CIMB Niaga to support Bank Indonesia's QR Code standardisation trial (QRIS) for cross-border transactions

SINGAPORE, June 21, 2019 /PRNewswire/ -- Liquid Group and PT Bank CIMB Niaga Tbk ("CIMB Niaga") today announced a strategic partnership to spearhead cross-border QR payment acceptance betweenSingapore and Indonesia. The partnership was initiated through their joint participation in Bank Indonesi...

2019-06-21 09:09 3184