Banking/Financial Service

Fuji Fire & Marine Insurance Receives Upgraded "A-" Rating From S&P

TOKYO, March 20 /Xinhua-PRNewswire/ -- Fuji Fire & Marine Insurance Co., Ltd. (hereafter "Fuji Kasai") (TYO: 8763) received an "A-" upgraded from the previous "BBB+" in financial strength and local currency long-term counterparty credit ratings from Standard & Poor's on March 15, 2007. ...

2007-03-20 13:57 937

Trend Micro Announces Share Buyback Program (Under the Provisions of the Articles of Incorporation Pursuant to Article 165(2) of the Corporation Law of Japan)

TOKYO, March 20 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro (TSE: 4704; Nasdaq: TMIC), a leader in network antivirus and Internet content security software and services, today announced that its Board of Directors approved share buyback under Article 156 of the Corporation Law of Japan, as ap...

2007-03-20 14:00 881

To Form China's OTC Bulletin Board - Interview with Acting CEO of Intermost

SHENZHEN, China, March 16 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading online electronic equity exchange service provider in China, today announced its development objective -- to form an OTC Bulletin Board in China. Commenting on investors' ...

2007-03-16 23:53 1879

Piper Jaffray Launches Research Expertise in Shanghai

SHANGHAI, China, March 15 /Xinhua-PRNewswire/ -- Piper Jaffray has added research expertise in its recently-opened Shanghai office with the promotion of Ming Yang to senior research analyst. Yang worked with the clean technology team at Piper Jaffray in New York for the past three years. He wi...

2007-03-15 10:14 973

e-Future Information Technology Inc. Announces Completion of $10.0 Million Private Placement

BEIJING, March 14 /Xinhua-PRNewswire/ -- e-Future Information Technology Inc. (Nasdaq: EFUT; the "Company"), a leading supply chain management software and services provider in China, is pleased to announce the completion of a $10.0 million private placement with three funds associated with tw...

2007-03-14 17:14 896

Safe Harbor Proposes 70 Yen Per Share Dividend to SNT Corporation for Improved Capital Efficiency

TOKYO, March 14 /Xinhua-PRNewswire/ -- Safe Harbor Investment Ltd. (hereafter "Safe Harbor Investment") announced that Safe Harbor Master Fund L.P. (hereafter "Safe Harbor Fund"), a fund that is a shareholder in SNT Corporation, has filed shareholder proposals that will allow for an increase i...

2007-03-14 14:53 836

CME to Launch E-mini(R) Futures on Xinhua/FTSE(R) China 25 Index

CME is the First U.S. Exchange to List Futures on the Chinese Equity Market HONG KONG and CHICAGO, March 14 /Xinhua-PRNewswire/ -- CME, the world's largest and most diverse financial exchange, announced today it is partnering with China index provider Xinhua FTSE Index (XFI) to list CME E-...

2007-03-14 11:13 1295

GigaMedia 2006 Net Profit up 386% to US$31 Million

4Q Net Profit of US$9.9 Million, up 52% Q-o-Q TAIPEI, Taiwan, March 13 /Xinhua-PRNewswire-FirstCall/ -- Highlights of Full-Year 2006 Unaudited Results -- Consolidated revenues from continuing operations rose 113 percent to US$94.3 million. -- Consolidated opera...

2007-03-13 19:16 905

China Equity Exchange Platform Signs Cooperative Agreements With 32 Regional Exchanges

SHENZHEN, China, March 13 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading online electronic equity exchange service provider in China, is pleased to announce that thirty-two equity exchanges in China have entered into Equity Information & Quotation Inte...

2007-03-13 22:18 1292

Equicap, Inc. Completes Reverse Acquisition of Usunco Automotive Limited and Private Placement Financing

HANGZHOU, China, March 10 /Xinhua-PRNewswire/ -- Equicap, Inc. ("EQPI") (OTC Bulletin Board: EQPI.OB) announced today the closing of a share exchange transaction with the stockholders of Usunco Automotive Limited ("Usunco"), a British Virgin Islands corporation, and a related private placement f...

2007-03-10 02:50 1355

Advanced Semiconductor Engineering, Inc. Announces Monthly Net Revenues

TAIPEI, Taiwan, March 9 /Xinhua-PRNewswire-FirstCall/ -- Advanced Semiconductor Engineering, Inc. (NYSE: ASX; TAIEX: 2311, "ASE" or the "Company"), announces its unaudited consolidated net revenues for February 2007. CONSOLIDATED NET REVENUES (UNAUDITED) Fe...

2007-03-09 16:00 779

The Establishment of Banque Piguet in Hong Kong

Its First Overseas Presence to Offer the Best Tradition of Swiss Private Banking in Asia HONG KONG, March 8 /Xinhua-PRNewswire/ -- Banque Piguet & Cie S.A. ("Banque Piguet"), today announced the official inauguration of its first overseas office in Hong Kong. Founded in 1856, the bank has ...

2007-03-08 18:00 1084

GFI Opens Seoul Office

Leading Inter-Dealer Broker Expands in Asia LONDON, March 8 /Xinhua-PRNewswire/ -- GFI Group (Nasdaq: GFIG) has opened an office in Seoul. It will operate as GFI Korea Money Brokerage Ltd, broking Korean interest rate swaps and Korean deliverable forwards and non-deliverable forwards. ...

2007-03-08 12:47 1080

Local Governments Strengthen Supports for Shenzhen International Hi-Tech Property Right Exchange Center

SHENZHEN, China, March 7 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading electronic online equity exchange service provider in China, announced that its associate company and close equity exchange partner, Shenzhen International Hi-Tech Property Right Exc...

2007-03-08 00:01 1093

Over 90% of Mainland China Companies Include Women in Senior Management

HONG KONG, March 7 /Xinhua-PRNewswire/ -- The latest findings from the Experian(R) Grant Thornton International Business Report (IBR) 2007, released today ahead of International Women’s Day on 8 Mar 2007, reveal that 91% of mainland China companies have women in senior management positions, ta...

2007-03-07 12:13 907

Global Sources Fourth Quarter and Year End 2006 Results

Quarterly Revenue Up 62% Compared to Fourth Quarter 2005 Driven by Successful China Sourcing Fairs Annual 2006 Revenue Grew 39% Compared to 2005 NEW YORK, March 6 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd. (Nasdaq: GSOL) reported financial results for the fourth quarter and yea...

2007-03-06 17:29 878

Xinhua Far East Assigns AA Issuer Credit Rating to China Shenhua Energy Company Limited

HONG KONG, March 6 /Xinhua-PRNewswire/ -- Xinhua Far East China Ratings ("Xinhua Far East") today assigned an AA issuer credit rating to China Shenhua Energy Company Limited ("Shenhua" or "the Company", HK 1088). The company's rating outlook is stable. (Photo: http://www.prnasia.com/sa...

2007-03-06 17:54 1132

Global Sources Announces Bonus Share Issue

NEW YORK, March 5 /Xinhua-PRNewswire-FirstCall/ -- Global Sources Ltd. (Nasdaq: GSOL) today announced a one for ten bonus share issue on Global Sources' outstanding common shares. Shareholders of record on March 16, 2007 will receive one additional common share for every ten common shares held,...

2007-03-06 10:00 819

ChinaVenture Annual Conference 2007 to be Held on 12th April in Beijing

BEIJING, March 2 /Xinhua-PRNewswire/ -- ChinaVenture announces that the "ChinaVenture Annual Conference 2007" will be held on April 12, 2007 at the Hotel Nikko New Century, Beijing. As a leading event in the Chinese investment community, the Conference is organized by ChinaVenture and co-or...

2007-03-02 22:00 944

Xinhua FTSE Index promptly Adds Ping An of China to A Share Index Series

BEIJING, March 1 /Xinhua-PRNewswire/ -- Xinhua FTSE Index (XFI), the independent China index company, announced today that it would add Ping An Insurance (Group) Company of China, Ltd. (Ping An of China) (A Share, 601318) to its index series, following the company’s listing at the Shanghai S...

2007-03-01 19:52 1037