Banking/Financial Service
China's total pensions assets grew by 19 percent to RMB 15 trillion in 2019, forecasts KPMG
HONG KONG, March 11, 2020 /PRNewswire/ -- China's three-pillar pension sector sees healthy growth prospects, improving investment returns and growing participation following regulatory changes.China's total pension assets are expected to have grown by 19 percent in 2019 to more thanRMB 15 trillio...
Wirecard and Southeast Asia Super App Grab Announce Payments Partnership to Drive Cashless Economy for MSMEs Across the Region
* Grab offers a variety of services to consumers in Southeast Asia ranging from ride-hailing and food delivery to digital financial products across payments, lending and insurance * Wirecard to process card transactions made via the GrabPay e-wallet and integrate it as a payment method for it...
TMRW's unique engagement-focused business model sets the standard for digital banks around the world
SINGAPORE, March 11, 2020 /PRNewswire/ -- TMRW by UOB, the first mobile-only bank for ASEAN's digital generation, has seen customer engagement, its key measure of success, quadruple since its launch one year ago. Engagement has also been a very powerful driver in extending TMRW's customer base, w...
Steel futures gain traction as Argus-linked LME steel contract marks birthday
SINGAPORE, March 11, 2020 /PRNewswire/ -- The London Metal Exchange (LME)
launched its fobChina hot-rolled coil (HRC) contract a year ago. The contract
traded 67,109 lots in its first year — the majority of this since November —
with record open interest reported at the end of February.
OPIM launches Global Macro Fund named Waterflow Fund SPC
HONG KONG, March 11, 2020 /PRNewswire/ -- OP Investment Management Limited ("OPIM"),Asia's leading hedge fund platform, is partnering with Waterflow Capital to launch Waterflow Fund SPC (the "Fund"), which is Cayman-domiciled and for professional investors only. Managed by Mr. Shui JIANG and Mr....
Cathay Financial Holdings Joins Plug and Play Singapore's Insurtech Program
SINGAPORE, March 11, 2020 /PRNewswire/ -- Plug and Play, the global innovation platform, and Cathay Financial Holdings have announced today that they will be expanding their partnership to work closer with innovative startups through Plug and Play's Singapore Insurtech program, and would like to ...
WuXi Biologics Completes Weather-Tight Seal of its Biologics Manufacturing Facility in Ireland
DUNDALK, Ireland, March 11, 2020 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a leading global open-access biologics technology platform company offering end-to-end solutions for biologics discovery, development and manufacturing, announced that it has completed the weather-tight seal o...
U.S. Immigration Fund Announces I-829 Approval for its West 57th Project in Manhattan
JUPITER, Florida, March 11, 2020 /PRNewswire/ -- U.S. Immigration Fund (USIF) is pleased to announce that United States Citizenship Immigration Services (USCIS) has issued an I-829 approval for its EB-5 project,West 57th. Form I-829 is the permanent Green Card application, and once approved, co...
Trip.com Group joins Standard Chartered, PCCW and HKT to announce new virtual banking service
HONG KONG, March 10, 2020 /PRNewswire/ -- Trip.com Group has partnered with Standard Chartered, PCCW and HKT to launch a new virtual banking service and Asia's first all-in-one numberless bank card, Mox. Drawing on the combined expertise and resources of some of the region's most prominent i...
Kasisto Named as a Top 10 Most Innovative Artificial Intelligence Company by Fast Company
NEW YORK, March 10, 2020 /PRNewswire/ -- Kasisto, creators of KAI - the financial services industry's leading digital experience platform has been named as one of Fast Company Most Innovative Companies (MIC) in the Artificial Intelligence Category. Fast Company, an award-winning magazine with ove...
R.J. O'Brien Selects Eventus Systems for Global Market Surveillance, Real-Time Risk Monitoring Solution
Cloud Deployment of Validus Platform to Begin April 1 CHICAGO and AUSTIN, Texas, March 10, 2020 /PRNewswire/ -- Chicago-based R.J. O'Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm inthe United States, and Austin-based Eventus Systems, Inc., a mul...
Airwallex and Xero Partner to Help SMBs Save Time and Money
MELBOURNE, March 10, 2020 /PRNewswire/ -- Global fintech leader Airwallex
Less than half of Asia's rich have succession plans even as awareness of the need reaches all-time high
* Butterfield Trust white paper found just 40% of Asia's HNWIs are actively planning succession * However, relationship managers report all-time high for succession planning requests; cite geopolitical and regulatory risks as being biggest challenges facing HNWIs now * Trusts ranked as top ...
HSBC Life Makes Further Donation to Support the Combat against COVID-19 Outbreak
SHANGHAI, March 10, 2020 /PRNewswire/ -- HSBC Life Insurance Company Limited ("HSBC Life") has launched an online campaign on WeChat to maximize support for the frontline medical personnel. People can visit HSBC Life official WeChat account and fill the "love bottles". For every received bottle, ...
Ticket2U Invites Investors to be Part of its Expansion Plans
KUALA LUMPUR, Malaysia, March 10, 2020 /PRNewswire/ -- Ticket2U, Malaysia's leading online ticketing platform, is opening its gates for the first time to investors to be part of its business expansion plans to other countries in Southeast Asia. The founder of Ticket2U, YC Chia, says that the compa...
Airwallex and Xero Partner to Help SMBs Save Time and Money
* Airwallex's integration with Xero enables its small-to-medium business (SMB) customers to reconcile their domestic and international payments seamlessly * In addition to saving money through Airwallex's bank-beating foreign exchange rates, the integration with Xero will allow SMBs to save t...
Global Enterprises Cognizant, ZS, Bajaj Allianz General Insurance, and Aditya Birla Group Win Talview's Instahiring Annual Award at Instahiring 2020
BANGALORE, India, March 10, 2020 /PRNewswire/ -- AI Recruitment startup, Talview
Impact Asset Manager ThomasLloyd Reaches a Record High for Finance for Its Climate Projects - Client Funds Worth €330 Million Raised
ZURICH, March 10, 2020 /PRNewswire/ -- ThomasLloyd, the impact investor and provider of climate-related finance, has raised €339 million from clients through its sustainable investment solutions in the 2019 financial year, representing a considerable year-on-year (2018: €209 million) increase of ...
Ascentage Pharma Announces Clearances for Three Phase Ib/II Clinical Studies of APG-2575 in China and the U.S., Beginning Simultaneous Clinical Development in Three Hematologic Malignancy Indications
SUZHOU, China and ROCKVILLE, MD., March 9, 2020 /PRNewswire/ -- Ascentage Pharma (6855.HK), a globally focused, clinical-stage biotechnology company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced that two clinical studies of...
Global Cord Blood Corporation to Report Third Quarter and First Nine Months Fiscal 2020 Financial Results
HONG KONG, March 9, 2020 /PRNewswire/ -- Global Cord Blood Corporation (NYSE: CO) (the "Company"),China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced that it plans to release unaudited financial ...
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