Investment & Financing

BMO Financial Group Reports Net Income of $1.4 Billion for Third Quarter of 2017

2017-08-29 19:51 3692

Financial Results Highlights: Third Quarter 2017 Compared with Third Quarter 2016: * Net income of $1,387 million, up 11%; adjusted net income1 of $1,374 million , up 6% * EPS2 of $2.05, up 10%; adjusted EPS1,2 of $2.03, up 4% * ROE of 13.4%, compared with 13.0%; adjusted ROE1 of 13.3%, com...

Breakthrough Technologies Enable Food Safety in the Dairy Industry

2017-08-29 19:14 2899

LONDON, Aug. 29, 2017 /PRNewswire/ -- The dairy industry is intrinsically complex and multifunctional with consumer demand and current market conditions prompting the reshaping of the industry to deliver improved product quality, stability and safety to customers, while reducing energy and costs....

Rising stars in jewellery design lauded in the Xifu International Gold Wedding Jewellery Design Competition 2017

2017-08-29 19:11 8096

HONG KONG, Aug. 29, 2017 /PRNewswire/ -- The Xifu International Gold Wedding Jewellery Design Competition 2017 is about to enter its final judging phase. Five international luminaries in the field of design will be reviewing the 30 designs from 27 finalists, 21 of whom representChina. Of the latt...

Fang Announces Second Quarter 2017 Results

2017-08-29 18:21 4475

BEIJING, Aug. 29, 2017 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or "we"), the leading real estate Internet portal inChina, today announced its unaudited financial results for the second quarter endedJune 30, 2017. Second Quarter 2017 Highlights * ŸTotal revenues were $110.1 ...

Blockchain eGaming Platform Wild Crypto Announces $5 Million ICO

2017-08-29 18:31 5982

SAINT HELIER, Jersey, Aug. 29, 2017 /PRNewswire/ -- Wild Crypto (SYMBOL: WILD), developers of a revolutionary international lottery and eGaming platform built upon blockchain technology, is to launch an initial coin offering (ICO) with the aim of raising 15,000 Ether Tokens - worth around$5 m...

Yintech Reports Second Quarter 2017 Unaudited Financial Results

2017-08-29 18:08 3753

SHANGHAI, Aug. 29, 2017 /PRNewswire/ -- Yintech Investment Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual customers inChina, today announced its unaudited financial results for the quarter endedJune 30, 2017. For ...

SimpliPhi, Ameresco Solar and Haleakala Solar Bring Solar + Storage Air Conditioning Systems to Classrooms in Hawaii

2017-08-29 18:00 3873

Waialua High & Intermediate School receives safe, renewably-powered cooling for students LAS VEGAS, Aug. 29, 2017 /PRNewswire/ -- Students at Hawaii's Waialua High and Intermediate on the island of O'ahu are returning to school this year to solar PV and energy storage-powered air conditioned cla...

Hung Hing Records Significant Growth in Interim Net Profit

2017-08-29 18:00 4621

HONG KONG, Aug. 29, 2017 /PRNewswire/ -- * Revenue increased by 5.4% to HK$1,395 million compared to the corresponding period in 2016 * Net profit improved to HK$17 million, of which HK$14.4 million was profit attributable to equity shareholders of the Company. This was a significant improv...

HLGE'S Wholly-owned Subsidiary Enters Into Conditional Agreement To Sell Its 60% Equity Interest In Copthorne Hotel Qingdao

2017-08-29 18:00 3695

SINGAPORE, Aug. 29, 2017 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that LKN Investment International Pte. Ltd. ("LKNII"), a wholly-owned subsidiary of HL Global Enterprises Limited1 ("HLGE") (a company in which China Yuchai ha...

All Eyes on India, the U.S. and China as the EMV Payment Cards Market Normalizes

2017-08-29 16:00 3492

U.S., China and India to Account for 56% of EMV Cards Issued Globally in 2017 LONDON, Aug. 29, 2017 /PRNewswire/ -- Following a disappointing year in 2016, when the Europay, Mastercard and Visa (EMV) payment cards market nearly grinded to a halt,ABI Research expects the market to bounce back this...

China Xiniya Fashion Limited Reports 2017 First Half Financial Results

2017-08-29 15:35 3509

XIAMEN, China, Aug. 29, 2017 /PRNewswire/ -- China Xiniya Fashion Limited ("Xiniya" or the "Company" NYSE: XNY) today reported financial results for the first half of 2017. The unaudited consolidated financial statements and other financial information included in this press release have been pre...

Paradigm Shifts in Asia Healthcare Ecosystem Drive Future of IVD Industry

2017-08-29 13:47 6307

Molecular diagnostics laboratory automation and digital pathology offer strong growth opportunities, finds Frost & Sullivan's Transformational Health team KUALA LUMPUR, Malaysia, Aug. 29, 2017 /PRNewswire/ -- The Asia-Pacific (APAC) in-vitro diagnostic (IVD) industry is undergoing major transform...

10 Cities in Asia-Pacific Poised to be Smart Cities by 2025

2017-08-29 13:50 6883

Technology and governance will be key enablers for participants in the smart city ecosystem inAsia-Pacific, says Frost & Sullivan KUALA LUMPUR, Malaysia, Aug. 29, 2017 /PRNewswire/ -- Asia-Pacific is a frontier of growth, development, and activity having quickly embraced disruptive trends in its...

Dubai International Premieres Free Movie Streaming Experience

2017-08-29 13:00 5329

DUBAI, UAE, August 29, 2017 /PRNewswire/ -- Partnership with ICFLIX boosts airport's best-in-class Wi-Fi service  The customer experience at Dubai International (DXB) has taken another huge step forwards with passengers now able to enjoy free movies and TV shows before their flights, thanks to ...

Renault-Nissan Alliance and Dongfeng Motor Group Co., Ltd. Forge Partnership to Co-Develop Electric Vehicles in China

2017-08-29 12:00 3372

PARIS and BEIJING, August 29, 2017 /PRNewswire/ -- - Newly formed joint venture eGT New Energy Automotive Co., Ltd. expected to support zero-emission mobility, a key priority for both Dongfeng Motor Group Co., Ltd. and the Renault-Nissan Alliance - Company will focus on the core competencies of...

Boer Power Announces 1H2017 Results

2017-08-29 11:05 4465

HONG KONG, Aug. 29, 2017 /PRNewswire/ -- Financial Highlights * Driven by effective sales strategies, the Group's sales performance recorded rebounded. For the six months ended30 June 2017, the Group's sales revenue rose toRMB392.1 million, representing an increase of 51.2% yoy, which repres...

Top China-based Asset Management Firm Extends Partnership with SS&C

2017-08-29 09:00 9773

Ping An Asset Management Company renews and expands SS&C HiPortfolio license to support rapid business growth WINDSOR, Connecticut, Aug. 29, 2017 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today...

Meituan-Dianping Bridges the Gap between Digital Advertising and Offline Experience with the First Fully-Integrated Online and Offline Programmatic Marketing Platform

2017-08-29 08:15 4684

BEIJING, Aug. 28, 2017 /PRNewswire/ -- Meituan-Dianping, China's largest service-focused e-commerce platform, announced the launch of its "Co-Line Marketing", an integrated online and offline marketing platform. This game-changing marketing technology provides merchants and brands with unprecede...

Noah Holdings Limited Announces Unaudited Financial Results for the Second Quarter of 2017

2017-08-29 05:00 3852

SHANGHAI, Aug. 28, 2017 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider inChina with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced its ...

Global Sources announces completion of acquisition by funds affiliated with Blackstone

2017-08-29 04:40 9011

NEW YORK, Aug. 28, 2017 /PRNewswire/ -- Global Sources Ltd . (NASDAQ: GSOL) (the "Company") today announced the completion of the acquisition by funds affiliated with Blackstone by way of an amalgamation (the "Amalgamation"), contemplated by the previously announced...

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