Investment & Financing
New Asia Holdings Inc (NAHD) Provides an Update Regarding Progress on the Deployment of its Proprietary Trading Algorithms
SINGAPORE, July 31, 2017 /PRNewswire/ -- New Asia Holdings Inc (OTCQB: NAHD), today provided an update to the market on the current status of its business operations and guidance for the year. On August 25th, 2015, NAHD completed the acquisition of Magdallen Quant Pte Ltd ("MQL") and MQL became ...
Official Groundbreaking Ceremony Marks Start of Construction on Maldives' New Multi-island Resort Concept
MALE, Republic of Maldives, July 31, 2017 /PRNewswire/ -- Mr. Moosa Zameer, Minister of Tourism, joined Chairman of Singha Estate Public Company Limited, Mr. Chutinant Bhirombhakdi; Director, Chairman of Executive Committee, Mr. Chayanin Debhakam, D.B.A; Chief Executive Officer, Mr. Naris Cheyklin...
Curcumin Market Capitalizes on Popularity of Turmeric as a Wonder Herb to Attract R&D Investments
Consumer preference for natural food colors widens growth opportunities for curcumin in food and beverage applications, finds Frost & Sullivan's Visionary Science team SANTA CLARA, California, July 31, 2017 /PRNewswire/ -- The increasing awareness of the value of curcumin in the formulation of,n...
GigaMedia Announces Second-Quarter 2017 Financial Results
TAIPEI, , July 31, 2017 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its second-quarter 2017 unaudited financial results. Comments from Management In the second quarter, the Company went through the transition to a new CEO and the Management has been reviewing the business st...
AirMedia Enters into Amendment No. 4 to Merger Agreement for Going Private Transaction
BEIJING, July 31, 2017 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that onJuly 31, 2017, it enter...
Gulf Petrochem Group Closes US$150m Financing Deal
DUBAI, UAE, July 31, 2017 /PRNewswire/ -- Notes to editors: * Financing provided by GCC based banks with syndication led by Emirates NBD * The raise will support the group's global operations to realise growth plans * The Group plans to tap the Islamic Finance and Sukuk markets in Asia with...
Business will take the lead in 2017 China-Arab States Expo
YINCHUAN, China, July 31, 2017 /PRNewswire/ -- 2017 China-Arab States Expo will be held in Ningxia of China fromSeptember 6-9th this year. Business communities will be the key role in organizing the Expo. The Seventh China-Arab Businessmen Conference in the framework of China-Arab Cooperation For...
Sohu.com Reports Second Quarter 2017 Unaudited Financial Results
BEIJING, July 31, 2017 /PRNewswire/ -- Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the second quarter endedJune 30, 2017. Second Quarter Highlights * Total revenues were US$461 million1, up ...
Changyou Reports Second Quarter 2017 Unaudited Financial Results
BEIJING, July 31, 2017 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator inChina , today announced its unaudited financial results for the second quarter 2017. Second Quarter 2017 Highlights * Total revenue was US$150...
Chinese P2P Firm leadercf.com Explores Overseas Markets
GUANGZHOU, China, July 31, 2017 /PRNewswire/ -- Since peer-to-peer lending and financing (P2P) made its appearance inChina a decade ago, the country has become one of the world's leading markets for the service, with pent-up demand causing the domestic market to grow especially rapidly over the l...
Nearly US $500 Million Investment by Expedia, East Ventures, Hillhouse Capital Group, JD.com and Sequoia Capital Highlight Confidence in Traveloka and Potential of Southeast Asia Travel Market
JAKARTA, Indonesia, July 31, 2017 /PRNewswire/ -- Traveloka announced today that the company has raised approximately$500 million through investments from global online travel leader Expedia, Inc. (NASDAQ: EXPE), East Ventures, Hillhouse Capital Group, JD.com and Sequoia Capital within the la...
The China (Shanghai) International Boat Show (CIBS) 2018 Has Government Backing
SHANGHAI, July 31, 2017 /PRNewswire/ -- The Chinese Government has acknowledged that the booming sports industry will be a critical contributor to economic growth and has supported this with several high profile policies promoting sports and a healthy lifestyle. The "National Fitness Program (20...
New Report Details How Legacy Financial Institutions Are Deepening Financial Inclusion Through Fintech Partnerships
WASHINGTON, July 31, 2017 /PRNewswire/ -- The Center for Financial Inclusion at Accion (CFI) and the Institute of International Finance (IIF), with the support of MetLife Foundation, today released a new report examining how partnerships between mainstream financial institutions and fintechs are ...
WuXi's Pharmaceutical Development Services Division Merges with STA
SHANGHAI, July 30, 2017 /PRNewswire/ -- STA Pharmaceutical Co., Ltd. (STA) - a WuXi AppTec group company and the leading open-access capability and technology platform for small molecule pharmaceutical development and manufacturing - announces that it has merged with WuXi AppTec's Pharmaceutical ...
Cardinal Health Completes Acquisition of Medtronic's Patient Recovery Business
DUBLIN, Ohio, July 31, 2017 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced that it has completed the acquisition of Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business for$6.1 billion. The acquisition was funded with a combination of$4.5 billion in n...
China Internet Nationwide Financial Services Inc. Announces Pricing and Closing of Initial Public Offering
Company Will Trade on NASDAQ Global Market as "CIFS" BEIJING, July 29, 2017 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. ("CIFS" or the "Company") (NASDAQ: CIFS), a provider of financial advisory services to the underserved small-to-medium sized enterprises inChina, today an...
DHgate Brings New Chinese-Branded Products to Outdoor Retailer Summer Market in Salt Lake City
BEIJING, July 28, 2017 /PRNewswire/ -- DHgate, the world's leading online marketplace for wholesale consumer products brought the hottest new Chinese-Branded outdoor products to this year's Outdoor Retailer Summer Market inSalt Lake City. By the end of day 1, 58 new importers of outdoors equipmen...
DotC United Group Secures $350 million of Investment Capital with Controlling Avazu Inc.
SHANGHAI, July 28, 2017 /PRNewswire/ -- DotC United Group announced that it raised$350 million in Series B round of funding led by Zeus Entertainment (002354) in June. The round converted Avazu Inc., previously completely owned by Zeus Entertainment, into a wholly owned subsidiary company of DotC...
NG911 to Revolutionize Public Safety Capabilities as Next-gen Stakeholders Accelerate Market Growth
Integrators drive growth by simplifying deployments for state 911 administrators, findsFrost & Sullivan's Digital Transformation team SANTA CLARA, Calif., July 28, 2017 /PRNewswire/ -- Next-generation 911 (NG11) represents an industry transformation that will proactively enhance public safety by...
Newater Technology, Inc. Announces Pricing of Initial Public Offering
Shares are Expected to Commence Trading Today on NASDAQ Capital Market as "NEWA" YANTAI, China, July 28, 2017 /PRNewswire/ -- Newater Technology, Inc. ("Newater" or the "Company") (Nasdaq: NEWA), a developer and manufacturer of membrane filtration products and related hardware and engineered syst...
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