Banking/Financial Service

SmartPay Partners With China Unicom in Shandong to Jointly Develop Mobile Payment Services and Network of 'Agent Toll Stations'

SHANGHAI, April 2 /Xinhua-PRNewswire/ -- SmartPay Jieyin Ltd. ("SmartPay"), a leading electronic payment services provider in China, today announced the launch of payment services in partnership with China Unicom for Shandong Province. These services include airline ticketing, lottery payme...

2007-04-02 15:35 1071

Private Equity Looks at Booming Russia IT Market

Squire Sanders Represents Mint Capital in Key Investment in Russia MOSCOW, April 2 /Xinhua-PRNewswire/ -- Russia's booming information technology (IT) market is a key target for private equity firms across the globe, according to a private equity lawyer with global law firm Squire, Sanders ...

2007-04-02 11:24 1044

Shanghai Petrochemical Announces 2006 Annual Results

Profit Affected by High Oil Prices; Sales Soared to a Record High HONG KONG, March 29 /Xinhua-PRNewswire-FirstCall/ -- Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company") (HKEx: 338; SSE: 600688; NYSE: SHI) announced today the audited operating results...

2007-03-30 10:47 820

Xinhua Finance/MNI China Business Survey: Sentiment Rises Again

SHANGHAI, China, March 30 /Xinhua-PRNewswire/ -- Xinhua Finance (TSE Mothers: 9399) and Market News International (MNI), a part of the news service line of Xinhua Finance, today announced the March Xinhua Finance/MNI China business sentiment survey. The results of the survey suggest that ex...

2007-03-30 11:33 1708

Global Payments Reports Third Quarter Earnings

ATLANTA, March 30 /Xinhua-PRNewswire/ -- Global Payments Inc. (NYSE: GPN) today announced results for its third quarter ended February 28, 2007. For the third quarter, revenue grew 16 percent to $260.4 million compared to $225.2 million in the prior year. Excluding the impact of current pe...

2007-03-30 18:00 923

W.P. Stewart Provides Update on Business Developments in First Quarter 2007 Board of Directors Changes Dividend Policy

Declares Quarterly Dividend of $0.15 per share payable 28 April 2007 HAMILTON, Bermuda, March 30 /Xinhua-PRNewswire/ -- Following a meeting of the Company's Board of Directors, W.P. Stewart & Co., Ltd. announced updates to its business activities in the first quarter of 2007 and announce...

2007-03-30 16:42 992

Ctrip Announces Resignation of Director and Appoints New Board Member

SHANGHAI, China, March 29 /Xinhua-PRNewswire-FirstCall/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of hotel accommodations, airline tickets and packaged tours in China, today announced that Mr. Yoshihisa Yamada recently resigned from the company's board ...

2007-03-29 21:30 832

Hutchison Telecom launches Indonesian operation

HONG KONG, March 29 /Xinhua-PRNewswire-FirstCall/ -- Hutchison Telecommunications International Limited (SEHK: 2332; NYSE: HTX; "Hutchison Telecom") today announced the launch of its Indonesian mobile operation PT Hutchison CP Telecom ("HCPT"). HCPT is a partnership of Hutchison Telecom and t...

2007-03-29 16:58 794

Restatement of Consolidated Financial Statements for the fiscal year Ending December 31, 2006

TOKYO, March 29 /Xinhua-PRNewswire-FirstCall/ -- Trend Micro (TSE: 4704; Nasdaq: TMIC), a leader in network antivirus and Internet content security software and services, today is restating its Consolidated Financial Statements for the fiscal year ending December 31, 2006, which were previousl...

2007-03-29 14:00 894

Datacraft Designs and Deploys New Campus Network for Bangkok University

BANGKOK, Thailand, March 29 /Xinhua-PRNewswire/ -- Datacraft, the region's leading independent IT solutions and services company, has been chosen by Bangkok University to design and deploy a new campus network to support its growing IT requirements. Founded in 1962, and offering courses...

2007-03-29 11:00 944

Global Sources Renews Contracts with AsiaWorld-Expo to Host China Sourcing Fairs in Hong Kong through 2012

Approximate US$44 million Agreements Include License to Host New Trade Fair Starting in 2009 HONG KONG, March 28 /Xinhua-PRNewswire-FirstCall/ -- Global Sources (Nasdaq: GSOL) renewed its contracts with AsiaWorld-Expo Management to host China Sourcing Fairs ( http://www.chinasourcingfair.co...

2007-03-28 15:37 819

Tata Consultancy Services Launches Global Marketing Campaign

New Brand Assurance 'Experience Certainty' Represents TCS' Global Delivery Excellence MUMBAI, India, March 28 /Xinhua-PRNewswire/ -- Tata Consultancy Services (TCS) (BSE: TCS.BO; NSE: TCS.NS), a global IT services, business solutions and outsourcing company, has launched a comprehensive m...

2007-03-28 10:00 1100

Chunghwa Telecom Reports Operating Results for 2006

Continued Growth Amid Intense Competition TAIPEI, Taiwan, March 28 /Xinhua-PRNewswire-FirstCall/ -- Chunghwa Telecom Co., Ltd (TAIEX: 2412; NYSE: CHT) ("Chunghwa" or "the Company"), today reported its operating results for the fourth quarter and full fiscal year 2006. All figures were prep...

2007-03-28 13:40 864

ChipMOS AND SILICONWARE CLOSE SHARE PURCHASE AND SUBSCRIPTION TRANSACTION

HSINCHU, Taiwan, March 27 /Xinhua-PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (Nasdaq: IMOS) announced today that the Company, ChipMOS TECHNOLOGIES, INC. ("ChipMOS Taiwan") and Siliconware Precision Industries Co., Ltd. ("SPIL") (TAIEX: 2325; Na...

2007-03-27 20:00 885

ShengdaTech, Inc. Announces Record Fourth Quarter and 2006 Year End Results

-- Record fourth quarter revenue and net income each climb 51%, year over year -- NPCC Products account for 41% of fourth quarter revenue TAIAN CITY, China, March 26 /Xinhua-PRNewswire-FirstCall/ -- ShengdaTech Inc. (OTC Bulletin Board: SGAT), a leading manufacturer of...

2007-03-26 15:22 982

Government-Sponsored New Tax Policy on Venture Capital Favors Intermost

SHENZHEN, China, Mar. 23 /Xinhua-PRNewswire/ -- The Intermost Corporation (OTC Bulletin Board: IMOT), a leading online electronic equity exchange service provider in China, brings news from the Ministry of Finance of People's Republic of China and State Administration of Taxation that they put...

2007-03-23 21:18 998

Safe Harbor Proposes Two Outside Director Nominations to Improve Corporate Governance

Proposal for SNT Corporation’s 76th General Shareholders Meeting HONG KONG, March 23 /Xinhua-PRNewswire/ -- Safe Harbor Investment Ltd. (hereafter “Safe Harbor Investment”) announced that Safe Harbor Master Fund L.P. (hereafter “Safe Harbor Fund”), has submitted a shareholder proposal to ad...

2007-03-23 15:42 935

Xinhua Finance/Milken Institute Chinese IPO Indicator Update: Chinese Equity Market Dip and Rebound Reflected in IPO Indicator

SHANGHAI, China, March 23 /Xinhua-PRNewswire/ -- Indicator Value Change February 2007: 232.0 January 2007: 231.5 Month-to-month change: 0.2% February 2006: 181.2 Year-to-year change: 28.0% (Logo: http://www.prnas...

2007-03-23 10:46 1144

Xinhua Finance/Milken Institute RPI Update: Growth in China's Foreign Reserves Continues to Drive Up RPI in December

SHANGHAI, China, March 23 /Xinhua-PRNewswire/ -- Indicator Value Change December 2006: 194.1 November 2006: 192.2 Month-to-month change: 0.99% December 2005: 175.9 Year-to-year change: 10.33% (Logo: http://www.prnasia.c...

2007-03-23 10:47 2530

Court to Notify Parmalat Investors of $50 Million Partial Settlement of Class Action Lawsuit

NEW YORK, March 22 /Xinhua-PRNewswire/ -- A multi-national notification program began today, as ordered by the United States District Court for the Southern District of New York, to alert investors, brokers, financial institutions, and other nominees who bought the common stock and/or bonds of P...

2007-03-22 09:00 918