Investment & Financing

Wailian Overseas Consulting Group Holds 6th Annual Invest In America Summit

2016-04-01 09:28 2630

SHANGHAI, March 31, 2016 /PRNewswire/ -- A set of detailed renderings of the Renzo Piano-designed residential buildings at 100 Varick Street and 555 Broome Street have emerged, and construction is currently underway at the site pitched between two of New York's most coveted neighborhoods, Soho and T...

New Survey Findings Reinforce the Need for Multi-sector Collaboration to Engage Consumers on Improving Diet and Lifestyle Choices

2016-04-01 09:30 3545

SINGAPORE, April 1, 2016 /PRNewswire/ -- A survey by FrieslandCampina, one of the world's leading dairy companies, has found that the need for businesses, governments and civil society to engage and collaborate to secure the future of food and nutrition and educate consumers continues to grow in ...

Anbang-J.C. Flowers-Primavera Consortium Determines not to Proceed with Its Proposal to Acquire Starwood

2016-04-01 06:04 2726

NEW YORK, April 1, 2016 /PRNewswire/ -- Anbang Insurance Group Co., Ltd., together with its partnersJ.C. Flowers & Co. and Primavera Capital Limited, (collectively, "the Consortium" ), today announced that the Consortium has determined not to proceed with its proposal to acquire Starwood Hotels &...

DHgate.com Launches Turkish Language Platform Marking Initiation of Historic Trade Agreement

2016-03-31 21:35 2404

CHONGQING, China, March 31, 2016 /PRNewswire/ -- Chinese B2B cross-border e-commerce marketplace DHgate.com launched a Turkish language version of their website in a special ceremony, to mark the initiation of the terms of the first ever e-commerce bilateral trade MOU, between China and Turkey. Th...

Frost & Sullivan Awards Vasona Networks For Capabilities That Equip Mobile Operators To Monitor And Improve Network Performance

2016-03-31 21:00 3048

MOUNTAIN VIEW, Calif., March 31, 2016 /PRNewswire/ -- Based on its recent analysis of the radio access network (RAN) capacity traffic shaping market, Frost & Sullivan recognizes Vasona Networks, Inc. with the 2016 Global Frost & Sullivan Award for Product Line Strategy Leadership. Vasona has set ...

3D Printing Expansion Unveils Growth Opportunities for Superior Materials

2016-03-31 20:12 3025

MOUNTAIN VIEW, Calif., March 31, 2016 /PRNewswire/ -- As 3D printing, or additive manufacturing (AM), moves from prototyping to end-part manufacturing, the companies supplying printing materials will be looking to develop products that are application-based rather than adopt a one-material-fits a...

Malaysian-based Sunway Group Invests USD218.75 Million to Boost Hospitality Unit

2016-03-31 20:07 2628

KUALA LUMPUR, Malaysia, March 31, 2016 /PRNewswire/ -- Sunway Hotels & Resorts, the hospitality division of Malaysian-based property-construction conglomerate Sunway Group, today, announced an investment ofUSD218.75 million (RM875 million ) to facilitate a three-year redevelopment and expansion pl...

Actions Semiconductor Reports Fourth Quarter and Full Year 2015 Results

2016-03-31 19:30 2154

ZHUHAI, China, March 31, 2016 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) ("Actions Semiconductor" or "the Company"), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for por...

Frost & Sullivan Awards Oberthur Technologies as Company of the Year in the Global Smart Cards Market

2016-03-31 19:00 1965

MOUNTAIN VIEW, Calif., March 31, 2016 /PRNewswire/ -- Based on its recent analysis of the smart cards market, Frost & Sullivan recognizes Oberthur Technologies (OT) with the 2016 Global Frost & Sullivan Company of the Year Award. OT's unique solutions to resolve the specific constraints in end-us...

SORL Auto Parts Reports the Fourth Quarter and Fiscal Year 2015 Results

2016-03-31 18:42 2357

ZHEJIANG, China, March 31, 2016 /PRNewswire/ -- SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today its financial results for the fourth quarter of ...

500.com Announces Disposal of Its Investment in Sumpay.cn

2016-03-31 18:00 1655

SHENZHEN, China, March 31, 2016 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today announced that it has disposed of its 63.0% equity interest in Zhejiang Shangmeng Technology Limited Company ("Sumpay.cn"), a co...

China Comservice Announces 2015 Annual Results

2016-03-31 17:14 3152

HONG KONG, March 31, 2016 /PRNewswire/ -- HIGHLIGHTS: * Overall operating results achieved remarkable enhancement, with accelerated growth in total revenues and profit, and significant increase in free cash flow. * Gross profit margin and net profit margin were 14.1% and 2.9%, respectively. ...

Novel Multiple Myeloma Drug Aplidin(R) Shows Positive Results in Pivotal Phase 3 Study

2016-03-31 16:32 1860

SINGAPORE, MADRID and MELBOURNE, Australia, March 31, 2016 /PRNewswire/ -- International biopharmaceutical company Specialised Therapeutics Asia Pte Ltd (ST Asia) will seek regulatory approvals for novel multiple myeloma drug Aplidin® (plitidepsin) following the release of positive results in a ...

Fosun: Profit from Insurance Business Grew Rapidly; Two-thirds of Assets Belong to Wealth, Health and Happiness Businesses

2016-03-31 16:37 3299

HONG KONG, March 31, 2016 /PRNewswire/ -- Fosun International Limited (which, together with its subsidiaries, collectively referred to as "Fosun" or the "Group", SEHK stock code: 00656) today announced its annual results for 2015. As at31 December 2015, Fosun's total assets amounted to RMB405.3 b...

Asia Leads the World in Cloud Readiness Index 2016: Asia Cloud Computing Association

2016-03-31 15:12 2162

SINGAPORE, March 31, 2016 /PRNewswire/ -- Asian countries top the new Cloud Readiness Index (CRI) 2016 released by the Asia Cloud Computing Association (ACCA). The CRI placesHong Kong, Singapore, New Zealand and Australia above markets such asGermany, the United Kingdom (UK) and the United ...

Virgin Hotels Announces New Vice President of Development

2016-03-31 14:00 2068

MIAMI, March 31, 2016 /PRNewswire/ -- Virgin Hotels , the lifestyle hotel brand by Richard Branson, welcomesAlex Andjel as the new Vice President of Development.  Andjel, who is located inLondon, will oversee the brand's expansion into Europe. Photo - http:...

Cryoviva Bags Frost & Sullivan Thailand Stem Cell Company of the Year Award for Second Year in a Row

2016-03-31 12:00 1761

BANGKOK, March 31, 2016 /PRNewswire/ -- Cryoviva Thailand has been honored with the Frost & Sullivan Thailand Stem Cell Company of the Year award for the second consecutive years. The award was presented to Cryoviva Thailand at the 2016 Frost & Sullivan Thailand Excellence Awards ceremony held a...

Tiangong International Announces 2015 Annual Results

2016-03-31 10:07 2739

HONG KONG, March 31, 2016 /PRNewswire/ -- Financial Highlights - 2015 Group revenue decreased 24.4% y-o-y to RMB3,429 million; - Titanium alloy segment grew quickly, with a significant increase in revenue up 30.6% y-o-y to RMB173 million, accounting of total revenue increased from 2.9% to 5.1%...

On May 18-21 St Petersburg Will Become Legal Capital of the World - SPILF's New Trend in 2016 is Finances and Law

2016-03-31 09:00 2104

ST. PETERSBURG, Russia, March 31, 2016 /PRNewswire/ -- The Forum annually brings together ministers of justice, chairpersons of constitutional courts, secretary generals of international ...

Penta Security Certified by ICSA Labs for Web Application Firewall, WAPPLES

2016-03-31 08:00 2045

SEOUL, Korea, March 31, 2016 /PRNewswire/ -- Penta Security Systems, Inc. announced that its Web Application Firewall (WAF), WAPPLES, has become the first WAF in the Republic of Korea to receive ICSA Labs Web Application Firewall Certification. Penta Security's...

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