Financial Services
The Joseph Safra Family Amicably Resolves Disputes
SÃO PAUL and GENEVA, July 19, 2024 /PRNewswire/ -- The Joseph Safra Family today announced the global, amicable resolution of all disputes withAlberto Joseph Safra. Under the terms of the resolution, Alberto will divest his interests in the J. Safra Group. and pursue his business interests throu...
Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects
* Proceeds will be used to invest exclusively in new greenfield renewable energy projects under Masdar's Green Finance Framework * Bond demand 4.6x oversubscribed, reflecting significant investor confidence in Masdar's continued growth and sustainability credentials * Projects financed by Ma...
Euroclear continues momentum with strong first half year results
BRUSSELS, July 19, 2024 /PRNewswire/ -- Results for the first half year ended 30 June 2024 Highlights Euroclear achieves strong results driven by solid operating and interest income * Underlying operating income increased by 5% to reach a record €1.45 billion. * Business income inc...
Family Care Policy in HK Workplace - Primary Care Education Foundation, Merck and Bowtie launch the "Family Matters Initiative"
HONG KONG, July 19, 2024 /PRNewswire/ -- Primary Care Education Foundation (PCEF), Merck Group (Merck), a leading science and technology company, and Bowtie,Hong Kong's first virtual insurer, collaborate to announce the launch of the "Family Matters Initiative". According to the "Annual Report 2...
Euroclear expands funds business into Spain by acquiring a strategic stake in Inversis
* Euroclear acquires a strategic stake in Inversis with a committed plan to full ownership by end 2027 * The acquisition aligns with Euroclear's long-term growth objectives and strengthens Euroclear's presence inSpain * The combination accelerates the growth of Euroclear's end-to-end funds ...
How ASEAN fruits efficiently, conveniently enter China
BEIJING, July 19, 2024 /PRNewswire/ -- A report from People's Daily: Fruits from ASEAN countries are entering the Chinese market more efficiently and conveniently in recent years. This favorable trend is attributed to the full implementation of the Regional Comprehensive Economic Partnership (RC...
KraneShares Launches AGIX: An Artificial Intelligence & Technology ETF That Provides Investors Exposure to Companies Across the AI Ecosystem
NEW YORK, July 19, 2024 /PRNewswire/ -- Krane Funds Advisors, LLC ("KraneShares"), an asset management firm known for its global exchange-traded funds (ETFs),launched the KraneShares Artificial Intelligence & Technology ETF (Ticker: AGIX) on the Nasdaq Stock Market (NASDAQ)on July 18th, 2024. AG...
Baseus posts strong 2024 H1 sales on Amazon Japan with new flagship products
TOKYO, July 19, 2024 /PRNewswire/ -- Baseus, a leading global brand of consumer electronics and mobile phone accessories, has achieved remarkable success on Amazon Japan, becoming one of the brand's primary sales channels in the country. Baseus posted its strongest sales on the site in the first ...
China's national economy maintains steady progress during first six months of 2024
BEIJING, July 19, 2024 /PRNewswire/ -- A report from People's Daily: China's national economy was generally stable with steady progress in the first half of 2024, according to data released byChina's National Bureau of Statistics (NBS) onJuly 15. According to preliminary estimates, the country's...
Why is China's H1 2024 GDP growth of 5 pct remarkable?
BEIJING, July 19, 2024 /PRNewswire/ -- A report from People's Daily:Data released byChina's National Bureau of Statistics (NBS) show that the country's gross domestic product (GDP) expanded 5 percent year-on-year in the first half of this year, which is a truly remarkable achievement for the worl...
tKash Celebrates 1st Anniversary with Major Milestones and Exciting Promotions
Achieving 100,000 Registrations, International Reach, and Celebratory Promotions Highlight tKash's Remarkable First Year KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ -- tKash, a pioneering financial services app, is celebrating its first anniversary with notable achievements and exciting p...
Motherhood Care+ Secures Seed Funding from Care Ventures Group to Revolutionise Maternity Care Industry
KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ -- Motherhood Care+, an innovative health & wellness tech startup based inMalaysia, announced today the successful completion of a seed funding round inDecember 2023, led by Care Ventures Group, a fund specialising in healthcare, wellness, medica...
Otis Indonesia Begins Replacement and Modernization Project at Jakarta's Millennium Mall
JAKARTA, Indonesia, July 19, 2024 /PRNewswire/ -- The Millennium Mall, located in the heart of the city, has selected Otis Indonesia for an elevator and escalator replacement and modernization project. OtisIndonesia is part of Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator ...
Lilac Solutions Technology Efficiencies Prompt Review of Kachi Project Costs
* Lake technology and Kachi Project partner identifies cost savings of up to 50% for Direct Lithium Extraction ("DLE") equipment construction cost * Lilac Solutions confirms improved long-term lithium recovery rates at more than 90% for most brines * Lake to review Kachi Project cost estimat...
Elevated Severe Convective Storm Losses Reduced Protection Gap to 50 Percent, Aon 1H Global Catastrophe Report
80 percent of 1H global natural catastrophe claims related to U.S. events LONDON, July 18, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today published itsGlobal Catastrophe Recap: First Half 2024 report, which cites a preliminary estimate of more than $1...
BRI Leads the Way: Dominates Indonesia's Banking Sector in The Banker's Top 1000 Banks 2024
JAKARTA, Indonesia, July 18, 2024 /PRNewswire/ -- Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) continues to shine, being recognized as the leading bank inIndonesia and ranked 110th globally by The Banker. The London-based leading global financial and business media released the Top 1000 Banks ...
IMS Applauded by Frost & Sullivan for Shaping Safer and Smarter Mobility with Its Telematics and Connected Insurance Solutions
IMS's telematics insurance solutions for usage-based insurance (UBI) provide cost-effective and streamlined access to vehicle and driving data, refining the overall driver experience and revolutionizing the insurance landscape. SAN ANTONIO, July 18, 2024 /PRNewswire/ -- Frost & Sullivan recently ...
Tech-focused ETFs Take Spotlight after Mainland China-Hong Kong ETF Connect Expansion
GUANGZHOU, China, July 18, 2024 /PRNewswire/ -- On July 12th, it was announced that 91 additional ETFs will be added to the Mainland China-Hong Kong ETF Connect Program, which will take effect onJuly 22nd. This expansion brings the total number of ETFs in the program to 241, with 19 of them being...
SM INVESTMENTS LISTS USD 500 MILLION DEBT NOTES ON SINGAPORE EXCHANGE
PASAY CITY, Philippines, July 18, 2024 /PRNewswire/ -- SM Investments Corporation (SM Investments) successfully priced aUSD 500 million drawdown from itsUSD 3 billion multi-issuer Euro Medium-Term Notes (EMTN) program established in May this year. The notes will be listed on the Singapore Exchang...
BSI receives ISO 37001 certification from Speeki Europe
PARIS, July 18, 2024 /PRNewswire/ -- Speeki Europe, a leading certification
body specialising in ethical and compliance certifications, has certified the
British Standards Institution (BSI) for ISO 37001.
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