Investment & Financing
Goodyear Invests US$485 million In Phase 5 Expansion Project In China
DALIAN, China, Nov. 9, 2016 /PRNewswire/ – * Expansion brings the total investment in Pulandian plant to US$1.6 billion * Increases annual production of consumer tires by approximately 5 million tires * Continues more than 20 years of Goodyear's presence in and commitment to China * Impa...
Tickmill Expands to Europe With an FCA UK Regulated Broker
LONDON, Nov. 9, 2016 /PRNewswire/ --
Leading online Forex and CFD broker Tickmill is proud to announce that it
has obtained authorisation from the Financial Conduct Authority (FCA) for its
UK entity, Tmill UK Limited, under registration number 717270
Underfunded Pensions Strengthened With Private Credit
NEW YORK, Nov. 8, 2016 /PRNewswire/ -- CEPRES today released an analysis demonstrating how Private Credit strategies add alpha to institutional portfolios, while delivering current income that can help alleviate excess liabilities for pensions. Using PE.Analyzer to analyze 6,284 deals from 385 p...
Canadian Court of Appeal Halts Exxon Acquisition of InterOil
HOUSTON, Nov. 8, 2016 /PRNewswire/ -- -- Court of Appeal confirmed numerous deficiencies in disclosure to shareholders and a flawed corporate approval process for the proposed Exxon acquisition of InterOil and finds the transaction fails to meet fairness requirements for court approval. -...
Fillr Raises A$5M in Series A Financing from SoftBank China, Southern Cross and Reinventure
SAN FRANCISCO, Nov. 8, 2016 /PRNewswire/ -- Fillr, creator of the world's most accurate, fastest and secure autofill technology, today announces a$5 million Series A fundraising round from a consortium of international investors including SoftBank China Capital, Southern Cross Venture Partners an...
China Digital TV's Wholly-owned Subsidiary, Golden Benefit, Reaches Definitive Agreement with the Buyer Group
BEIJING, Nov. 7, 2016 /PRNewswire/ -- China Digital TV Holding Co., Ltd. (NYSE: STV) ("China Digital TV" or the "Company"), one of the leading providers of cloud-based application platforms and conditional access ("CA") systems which enable China's digital cable television market to offer and secure...
HKBN and TVB Strengthen Strategic Partnership for Hong Kong and Overseas OTT Markets
HONG KONG, Nov. 7, 2016 /PRNewswire/ -- Ever since Hong Kong Broadband Network Limited ("HKBN") and Television Broadcasts Limited ("TVB") collaborated this past April to offer OTT entertainment, myTV SUPER, response has been tremendous. To date, about 250,000 HKBN residential broadband custom...
InterOil Provides Update on ExxonMobil Transaction
SINGAPORE and PORT MORESBY, Papua New Guinea, Nov. 7, 2016 /PRNewswire/ -- InterOil Corporation (NYSE: IOC, POMSox: IOC) today provided an update on the ExxonMobil Transaction. On November 4, 2016, the Court of Appeal of Yukon allowed the appeal lodged by Phil Mulacek and overturned the Supreme Cour...
The 2016 British Business Awards Celebrate UK-Sino Business Success
SHANGHAI, Nov. 7, 2016 /PRNewswire/ -- On 3 November, 11 winners of the 2016 British Business Awards (BBA) were announced at the InterContinental Shanghai Pudong. Hosted by the British Chamber of CommerceShanghai, the 2016 BBA consists of eight award categories to recognise excellence in innovati...
Capital Springboard Introduces New Alternative Finance Fund in Singapore For Accredited Investors
SINGAPORE, Nov. 7, 2016 /PRNewswire/ -- Capital Springboard (S) Pte Ltd, a peer-to-peer invoice financing platform for accredited investors, has transacted overSGD$110 million on its platform since its' pilot testing phase[1] . Launched in June this year, Capital Springboard has garnered strong in...
FairMedOnline Expands into Global Medical Tourism and Acquires Caremondo
SINGAPORE, Nov. 7, 2016 /PRNewswire/ -- FairMedOnline, a digital healthcare company based inSingapore offering neutral medical second opinions for patients across the world, acquires the international medical tourism platform Caremondo. The deal enables FairMedOnline to continue its expansion cou...
Emarsys Fuels Innovation in High-Growth B2C Marketing Cloud Business with $22.3 Million Investment from TSLE
BEIJING, Nov. 7, 2016 /PRNewswire/ -- Emarsys
CollegeVine Secures $3.1 Million In Series A Funding
CAMBRIDGE, Massachusetts, Nov. 7, 2016 /PRNewswire/ -- CollegeVine, the fast-growing EdTech startup specializing in high school mentoring for college applications, has closed a$3.1 million Series A funding round led by Morningside Technology Ventures ("Morningside") with participation byNew York ...
InterOil Provides Update on ExxonMobil Transaction
SINGAPORE and PORT MORESBY, Papua New Guinea, Nov. 4, 2016 /PRNewswire/ -- InterOil Corporation (NYSE: IOC, POMSox: IOC) today announced that the Court of Appeal of Yukon has upheld the appeal lodged by Phil Mulacek and overturned the Supreme Court of Yukon's approval of the pending transaction with...
Puji Capital Assists in Wanda Group's Acquisition of Dick Clark Productions
HONG KONG, Nov. 4, 2016 /PRNewswire/ -- Asia-based Puji Capital, a boutique investment company focused onChina cross-border investments and M&A in the media, entertainment, and consumer sectors, worked closely with Wanda to co-invest and secure dick clark productions. The acquisition is subject t...
GigaMedia Announces Third-Quarter 2016 Financial Results
TAIPEI, , Nov. 4, 2016 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its unaudited financial results for the third quarter of 2016. The Company grew its total revenues by 19 percent quarter-on-quarter. Third Quarter Overview and Recent Development -- Consolidated 3Q revenue...
Ant Financial, FESCO and Adecco Group co-found WoWooHR to create the new e "Inclusive HR" ethos
SHANGHAI, Nov. 4, 2016 /PRNewswire/ -- Today, Ant Financial Services Group,
FESCO Group and the Adecco Group have signed a joint venture agreement to
establish WoWooHR -- a SaaS based human resources service platform.
China's Leading Online Insurer ZhongAn Launches ZhongAn Technology Creating a New Fintech Ecosystem
SHANGHAI, Nov. 4, 2016 /PRNewswire/ -- ZhongAn Online Property & Casualty
Insurance Co., Ltd. ("ZhongAn"),China's first online insurance company,
announces the establishment of ZhongAn Information and Technology Services Co.,
Ltd. ("ZhongAn Technology",https://tech.zhongan.com
Australian Alumni a Conduit for Trade and Investment in Asia
KUALA LUMPUR, Malaysia, Nov. 4, 2016 /PRNewswire/ -- Education has always been a key component of the bilateral business and investment narrative between Australia and Malaysia. The export of educational services from Australia to Malaysia has evolved to the point that several leading universities...
ICBCCSI Launches the ETF Tracking The S&P China 500 Index on the Borsa Italiana
HONG KONG, Nov. 4, 2016 /PRNewswire/ -- ICBC Credit Suisse Asset Management (International) Company Limited ("ICBCCSI") today announced the launch of the UCITS ETF tracking the S&P China 500 Index listed on the Borsa Italiana. In July, ICBCCSI and WisdomTree entered into a global product partners...
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