Banking/Financial Service

CDPQ and Temasek cash in on FNZ's uncommercial capital raises, leaving employee shareholders out in the cold

LONDON, June 5, 2025 /PRNewswire/ -- Warrants issued as part of three successive FIAT transactions by global wealth management platform FNZ – raising approximately US$1.5 billion in new capital – have now been exercised by two of the institutional investors. As part of the uncommercial terms of ...

2025-06-05 20:19 2335

Waterdrop Inc. Announces First Quarter 2025 Unaudited Financial Results, Net profit rises 34.2% year-on-year

BEIJING, June 5, 2025 /PRNewswire/ -- On June 5, 2025, Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the three months ended March 31, 2025. During the quarter, W...

2025-06-05 19:58 4671

Newborn Town Sets up its Global Headquarters in Hong Kong Science Park

HONG KONG, June 5, 2025 /PRNewswire/ -- Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, has officially announced the establishment of its global headquarters in Hong Kong. The launch ceremony, held on June 5th, was attended by ...

2025-06-05 19:30 4615

ATFX Celebrates Grand Opening of New Office in South Africa

HONG KONG, June 5, 2025 /PRNewswire/ -- ATFX officially inaugurated its new office in Portside Tower, the tallest building in Cape Town's central business district, with a grand opening event held at Hotel Sky on 29 May 2025. The occasion marks a major milestone in the company's strategic expansi...

2025-06-05 17:00 2491

Financing Agreement Signed for Rooftop Solar Power Project in Singapore

TOKYO, June 5, 2025 /PRNewswire/ -- Tokyo Electric Power Company Holdings, Inc.  (hereinafter "TEPCO HD") is pleased to announce that a Special Purpose Vehicle (hereinafter "SPV"), established by TEPCO HD and ESR Group Limited*1 (hereinafter "ESR"), has on May 15, 2025 entered into a financing ag...

2025-06-05 16:18 2596

Hong Leong Asset Management and Hong Leong Bank Launch Hong Leong All Roads Funds in Strategic Partnership with Lombard Odier

KUALA LUMPUR, Malaysia, June 5, 2025 /PRNewswire/ -- Hong Leong Asset Management Bhd ("HLAM"), in collaboration with Hong Leong Bank Berhad ("Hong Leong Bank") is pleased to introduceHong Leong All Roads Funds — three multi-asset funds designed for Sophisticated Investors seeking a globally dive...

2025-06-05 14:31 2446

KCM Trade Sponsors of Australian Golf Rising Star Enshan Hooi | Professional Tournament 2025

MELBOURNE, Australia, June 5, 2025 /PRNewswire/ -- Global leading CFD broker KCM Trade announced an annual strategic partnership with Australian professional golfer Enshan Hooi, becoming an official sponsor for his 2025 golf tour. The signing ceremony was held at Ensha...

2025-06-05 12:33 2410

Tiger Brokers Hong Kong Launches Inaugural Art Prize with HKBU AVA to Inspire Young Artists and Creative Crossovers

HONG KONG, June 5, 2025 /PRNewswire/ -- Tiger Brokers (HK) Global Limited ("Tiger Brokers (HK)"), a leading online brokerage firm, is proud to announce its first collaboration with the Academy of Visual Arts ("AVA") at Hong Kong Baptist University ("HKBU") as the honorable sponsor of the 18th Gra...

2025-06-05 09:15 5067

Synpulse successfully partners with Judo Bank to complete its Core Banking Transformation

SINGAPORE, June 5, 2025 /PRNewswire/ -- Synpulse, a global management consultancy with deep expertise in financial services, is pleased to announce the successful completion of Phase 2 of Judo Bank's core banking transformation journey, building on the strong foundation established in the initial...

2025-06-05 09:00 2474

NEW CENTURY LOGISTICS UNVEILS MAJOR MILESTONES FOR 2025

HONG KONG, June 4, 2025 /PRNewswire/ -- New Century Logistics (BVI) Limited (hereinafter referred to as "New Century"), a leading Hong Kong-based logistics solutions provider, today announced its 2025 key development plan, which focuses on three major initiatives: 1) New Century has formed a gro...

2025-06-04 23:16 4799

bolttech closes Series C fundraise, welcomes strategic investors Sumitomo Corporation and Iberis Capital

With investments totalling US$147 million, bolttech closes Series C with t he addition of new investors SINGAPORE, June 4, 2025 /PRNewswire/ -- bolttech , the fast-growing global insurtech, today announced the addition of Sumitomo Corporation, one of Japan's largest tra...

2025-06-04 23:00 3179

Qatar Airways Signs Landmark Agreement with QNB Group and Leading Qatari Banks for New Era of Strategic Financing

Qatar Airways Group has agreed a new loan facility of QAR 4.5bn with local Qatari banks This innovative transaction underscores the commitment of Qatar Airways to Qatar National Vision 2030 DOHA, Qatar, June 4, 2025 /PRNewswire/ -- For the first time in 28 years, Qatar Airways signs a landmar...

2025-06-04 20:30 2574

Thunes Secures Money Transmission Licenses to Operate in the United States

Bold U.S. entry underscores Thunes' strategic investment and ambition to build the world's most trusted and comprehensive global payments network. SINGAPORE and SAN FRANCISCO, June 4, 2025 /PRNewswire/ -- Thunes , the Smart Superhighway to move money around the world, to...

2025-06-04 18:00 2137

Enfinity Global Sells Minority Stakes in 380 MW Energy Storage Projects in the US and Italy to Daiwa Energy & Infrastructure

MIAMI, June 4, 2025 /PRNewswire/ -- Enfinity Global Inc., a leading renewable energy company, has sold c. 49% minority interest in two large-scale battery energy storage system (BESS) projects totaling 380 MW to Daiwa Energy & Infrastructure Ltd. (DEI), an alternative asset management arm of Daiw...

2025-06-04 18:00 2160

Japan Welcomes a New Era of Ethical Luxury: FURA Launches Hospitality Fund Featuring Shinta Mani and Bill Bensley

TOKYO, June 4, 2025 /PRNewswire/ -- A fresh wave of Southeast Asian investment arrived in Japan, redefining regional engagement through elegance and purpose. FURA Investment Holdings, in collaboration with HMD Asia, officially launched theFURA Hospitality Fund at a landmark investor showcase in To...

2025-06-04 16:03 2555

TOPPAN Security Strengthens Market Leadership in Asia with Acquisition of dzcard Group

DUBAI, UAE, June 4, 2025 /PRNewswire/ -- TOPPAN Security, a global leader in secure identity and payment solutions, announced that it has entered into a definitive agreement to acquire dzcard Group, a prominent provider of smart card solutions and personalization services across Asia and Africa. ...

2025-06-04 16:00 2821

Ph fintech GCash gives Filipinos free access to insurance through "Buy Load" service

MANILA, Philippines, June 4, 2025 /PRNewswire/ -- In line with the Philippines' efforts to further boost the local insurance industry, GCash,the Philippines' leading finance super app, introduces a new feature to unlock access to insurance for millions of Filipinos. The e-wallet is providing free...

2025-06-04 15:00 3349

XTransfer Marks Strategic Expansion into the Netherlands at Money20/20 Europe

XTransfer S igns L etter of I ntention for European Headquarters  in Amsterdam AMSTERDAM, June 4, 2025 /PRNewswire/ --XTransfer, the world's leading and China's No.1 B2B cross-border trade payment platform, is pleased to mark its intention for strategic expansion in the Netherlands during Money2...

2025-06-04 14:22 2611

Emirates Logistics embarks on Kenya expansion at Tatu City SEZ

TATU CITY, Kenya, June 4, 2025 /PRNewswire/ -- Emirates Logistics , a leading supply chain and logistics provider in the Middle East, Africa, and Asia, has announced its expansion into Kenya, where it will construct a state-of-the-art facility atTatu City

2025-06-04 14:18 2777

Mintel Acquires Black Swan Data, revolutionizing predictive intelligence and reshaping the future of insight

CHICAGO, June 4, 2025 /PRNewswire/ -- Mintel, the global leader in market intelligence, today announced the acquisition of Black Swan Data, an AI-native company specialising in analysing and predicting trends from social media. The ambitious partnership brings together two market leaders united b...

2025-06-04 13:28 2835
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