Wednesday 24 December 2014

Ten IPath(R) Exchange Traded Notes To Switch Listing To Nasdaq

KUALA LUMPUR, Dec 24 (Bernama-GLOBE NEWSWIRE) -- Nasdaq today announced that Barclays Bank PLC ("Barclays") will be transferring the listing of ten iPath® exchange-traded notes (ETNs) from NYSE Arca to The Nasdaq Stock Market, effective on or about Monday, December 29, 2014. The ETNs will be traded as a designated security.
http://mrem.bernama.com/viewsm.php?idm=23623

Tuesday 23 December 2014

SeaChange Announces Agreement to Acquire Timeline Labs



Acquisition Brings Social Media Analytics to Leading Multiscreen Television Footprint

KUALA LUMPUR, Dec. 23 (Bernama) -- SeaChange International, Inc. (Nasdaq:SEAC), a leading global multiscreen video software innovator, today announced that it has entered into a binding agreement to acquire TLL, LLC which does business as Timeline Labs. Timeline Labs is a privately-owned, California-based SaaS company that enables local broadcasters, local and national news organizations, cable news channels and other media companies and brands to analyze social media messages in real-time, find and broadcast newsworthy social trends and insights, and measure viewing audience engagement across television, mobile and PC. Timeline's customers include FOX Television Stations, Sinclair, Media General and Tribune broadcast television stations, as well as online providers like 120Sports.com.

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Global Eagle Entertainment Announces STC Approval of its Connectivity System on Boeing 777 Aircraft



KUALA LUMPUR, Dec. 23 (Bernama) -- Global Eagle Entertainment Inc. (Nasdaq:ENT), a worldwide leading provider of content, connectivity and digital media solutions to airlines, today announced that it has received Supplemental Type Certificate (STC) approval to install its Ku-band satellite connectivity system on Boeing 777 aircraft.

Beginning in January 2015, airlines can equip their B777 aircraft with GEE's connectivity system.

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Monday 22 December 2014

A.M. Best Affirms Ratings of Asia Capital Reinsurance Group Pte. Ltd and its Associated Companies



KUALA LUMPUR, Dec 22 (Bernama)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings (ICR) of "a-" of Asia Capital Reinsurance Group Pte. Ltd. (Asia Capital Re) (Singapore) (Malaysia) and of Asia Capital Reinsurance Malaysia Sdn. Bhd (ACRM) (Malaysia). A.M. Best has also affirmed the ICR of "bbb-" of ACR Capital Holdings Pte. Ltd. (ACR) (Singapore). The outlook for all ratings is stable.

Asia Capital Re's ratings consider its business profile and balance sheet strength. Since it started writing business, Asia Capital Re has grown its franchise across the Asia Pacific region. Supported by relationships with key cedents, its gross premiums have grown from USD 342 million in 2008 to USD 923 million in 2014. A capital injection after the 2011-12 catastrophe year, helped restore the company's risk-adjusted capitalization to a level that supports its ratings.

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Porto Seguro Begins GRC Journey With Nasdaq's BWise



KUALA LUMPUR, Dec 22 (Bernama) -- Nasdaq's BWise (Nasdaq:NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), announced today that it has been selected by PortoSeguro, one of Brazil's largest insurance companies, to help support its new business risk management process. Porto Seguro will use BWise for Internal Audit, Internal Control, Compliance and Operational Risk Management as well as to support its new loss database for compliance with SuperintendĂȘncia de Seguros Privados (SUSEP), a local regulation institution for insurance companies.

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Nasdaq Positioned In Leaders Quadrant Of The First Ever Magic Quadrant For Operational Risk Management For Its BWise Solution



KUALA LUMPUR, Dec 22 (Bernama) -- Nasdaq (Nasdaq:NDAQ) announced today that it has been positioned as a Leader for its BWise solution, a global leader in Governance, Risk Management and Compliance (GRC) software, in Gartner's first Magic Quadrant for Operational Risk Management Report by John A. Wheeler and Paul E. Proctor, published on December 15, 2014. Seventeen companies across the globe were evaluated and positioned in the report based on their "completeness of vision" and "ability to execute."



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A.M. Best Affirms Ratings of ACR ReTakaful Holdings Limited and Its Subsidiaries



KUALA LUMPUR, Dec 22 (Bernama)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of ACR ReTakaful Berhad (ACR ReTakaful) (Malaysia) and ACR ReTakaful MEA B.S.C. (c) (ACR ReTakaful MEA) (Bahrain). A.M. Best has also affirmed the ICR ratings of "bbb-" of ACR ReTakaful Holdings Limited (United Arab Emirates). The outlook for all ratings is stable.

The affirmations for both ACR ReTakaful and ACR ReTakaful MEA consider the de-risking exercise on their underwriting portfolios and their plans to rebuild those with profitable, less volatile business. Stable investment results from the relatively large and prudently managed investment portfolios are expected to help offset both companies' high expense ratios during this period.

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A.M. Best Affirms Ratings of China Taiping Insurance (HK) Company Limited



KUALA LUMPUR, Dec 22 (Bernama)-- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of China Taiping Insurance (HK) Company Limited (CTPIHK) (Hong Kong). The outlook for both ratings remains stable.

The ratings reflect CTPIHK's excellent risk-adjusted capitalization, strong market presence in Hong Kong's non-life insurance market and consistent operating profits over the past five years.

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A.M. Best Affirms Ratings of Peak Reinsurance Company Limited



KUALA LUMPUR, Dec 22 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of "a-" of Peak Reinsurance Company Limited (Peak Re) (Hong Kong). The outlook of all ratings remains stable.

The ratings of Peak Re reflect its strong risk-based capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), and the experience of its senior management, particularly in underwriting reinsurance business. The ratings also recognize the company's diversified business lines and initiatives to improve underwriting profitability through expanding into North America and Europe.

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A.M. Best Affirms Ratings Of Sovereign Assurance Company Limited



KUALA LUMPUR, Dec 22 (Bernama) -- A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of "aa-" of Sovereign Assurance Company Limited (Sovereign) (New Zealand). The outlook for both ratings is stable.

The affirmations reflect Sovereign's strong business profile, supportive risk-adjusted capitalization and financial flexibility as part of the Commonwealth Bank of Australia (CBA) group.

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A.M. Best Affirms Ratings Of Sovereign Assurance Company Limited



KUALA LUMPUR, Dec 22 (Bernama) -- A.M. Best has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of "aa-" of Sovereign Assurance Company Limited (Sovereign) (New Zealand). The outlook for both ratings is stable.

The affirmations reflect Sovereign's strong business profile, supportive risk-adjusted capitalization and financial flexibility as part of the Commonwealth Bank of Australia (CBA) group.

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A.M. Best Affirms Ratings Of Cigna Life Insurance New Zealand Limited



KUALA LUMPUR, Dec 22 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Cigna Life Insurance New Zealand Limited (CLINZ) (New Zealand). The outlook for both ratings is stable.

The affirmation of the ratings reflects CLINZ's strong risk-adjusted capitalization, consistently positive operating results and high quality investment portfolio.

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Wednesday 3 December 2014

KVH to Offer 10Gbps and 100Gbps Backhaul Service for Shima Cable Landing Station



KUALA LUMPUR, Dec 3 (Bernama)-- KVH Co., Ltd., Asia's leading information delivery platform headquartered in Tokyo, Japan, announced a new backhaul service in Japan that connects Shima Cable Landing Station (CLS) (Shima City, Mie Prefecture) with Tokyo and Osaka through KVH's Ethernet backbone network. This new backhaul service, commercially available from December 15, 2014, will be offered in either 10Gbps or 100Gbps and augments KVH's existing portfolio of backhaul services from Chikura CLS and Toyohashi CLS. Through KVH's extensive domestic network, customers can extend these backhauls to reach 60+ major POPs and data centers across Japan.

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Halliburton's Indonesian Facilities First in Eastern Hemisphere To Receive API Q2 Certification



American Petroleum Institute presents certifications at OSEA 2014 in Singapore

KUALA LUMPUR, Dec 3 (Bernama) -- Two of Halliburton's Indonesian facilities - Badak Base Camp and Batam - received the American Petroleum Institute (API) Specification Q2 Certification, an advanced industry certification standard for oil and natural gas service companies. API recognized Halliburton at OSEA 2014 on Dec. 2. Rao Abdullah, Vice President for Halliburton's Asia Pacific Region, and Shannon Slocum, Halliburton's Vice President, Indonesia, accepted the certificates.

API Q2 is a risk-based quality management system approach that focuses on competency, service design, contingency planning, supply chain controls, preventive maintenance, inspection, service quality plans and management of change. The certification demonstrates an organization's commitment to exceed current generic quality management system standards.

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A.M. Best Special Report: Asia-Pacific Mergers and Acquisitions Seen as More Balanced, Driven by Value Creation



KUALA LUMPUR, Dec 3 (Bernama) -- The Asia-Pacific region has been a popular destination for mergers and acquisitions (M&As), driven by top-line growth prospects for many still-developing markets with low insurance penetration, according to a Best's Special Report titled, "Asia-Pacific Mergers and Acquisitions Seen as More Balanced, Driven by Value Creation." At the same time, a host of insurers in the region's advanced markets, with a need for diversification, have looked outside the region after gaining a good foothold in domestic markets.

The momentum of Asia-Pacific M&As continues to build, reflecting changes in local, regional and international underlying market fundamentals since the global financial crisis. A few sizable acquisitions were driven by some Western companies that had been negatively affected by the financial crisis and therefore needed to focus on core markets or lines of business by exiting Asia.

For the full text, click here.

SmartStream Acquires Fees & Expense Management Software from Credit Suisse, Enhancing Existing Product Offering



KUALA LUMPUR, Dec 3 (Bernama) -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced that it has acquired Credit Suisse's proprietary commission fees and expense management software. In combination with SmartStream's existing product offering, this will offer clients, including Credit Suisse, enhanced control and transparency into costs at each stage of the fee lifecycle, including execution analysis and optimisation, timely substantiation of invoices and daily accounting accruals and allocations.

Efficiencies will be driven by standardising the cost management ecosystem across all broker and provider fee formats and automating complex fee computations, discounts and rebates. These enhancements will enable the capture of cost-to-serve efficiencies and fee optimisation for all users.

For the full text, click here.

Malaysia Money Brokers Association Selects Bloomberg's FX Technology Platform



KUALA LUMPUR, Dec 2 (Bernama) -- Bloomberg today announced that the Malaysia Money Brokers Association, which comprises six licensed money brokers in Malaysia, has chosen Bloomberg as its primary platform for the dissemination of foreign exchange (FX) rates. Under this arrangement, live Malaysian ringgit (MYR) FX spot and forward prices quoted by the brokers will be made available on the Bloomberg Professional service starting today.

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Unum Therapeutics Announces Start Of First Phase I Clinical Trial Of Cellular Immunotherapy Targeting CD20+ Chronic Lymphocytic Leukemia And Non-Hodgkin Lymphoma



KUALA LUMPUR, Dec 2 (Bernama) -- Unum Therapeutics, a company developing a universal cellular immunotherapy to treat multiple cancers, announced today that recruitment has begun in the first clinical trial of the ATTCK20 therapy. The Phase I study will examine the feasibility, safety and potential efficacy of infusing the ATTCK20 combination therapy in patients with B-cell malignancies and persistent disease following standard therapy. The clinical program commences shortly after the company's official launch in October 2014.

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Parallel Wireless Reimagines Rural Cellular Coverage



Breakthrough Rural Micro Network Solution from Parallel Wireless Allows EE to Deploy LTE as Cost-effective and as Easy as Wi-Fi

KUALA LUMPUR, Dec 2 (Bernama) -- Parallel Wireless today announced that EE, the UK's largest mobile operator, has chosen the Parallel Wireless rural micro network solution for their rural wireless 4G rollout. This rollout will bring both voice and data services to more than 1,500 communities across the UK, and the technology can enable coverage in every hard to reach home, road, and village in the country. The innovative 4G wireless solution from Parallel Wireless brings 3G voice and data, and superfast 4G wireless broadband to underserved communities.

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InterCore's Driver Alertness Detection System ™ Now Available



DADS ™ to make driving safer

KUALA LUMPUR, Dec 2 (Bernama) -- InterCore, Inc. (OTC Pink:ICOR) ("InterCore") announces that DADS ™-the network-based Driver Alertness Detection System ™-is now available for purchase at DADS.SRGINT.com. Operating as a cloud-based service developed by InterCore's wholly-owned subsidiary SRG International, Inc., DADS is a real-time monitoring and warning system that can assist in preventing accidents caused by driver fatigue, lack of alertness, or distractions.

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Monday 1 December 2014

Toyota Hybrid Technology Takes World Endurance Championship - Toyota Thanks Fans for Support



KUALA LUMPUR, Dec. 1 (Bernama) -- Toyota Racing won both the Manufacturers and the Drivers categories of the 2014 FIA World Endurance Championship (WEC), a series of eight endurance races, including the renowned Le Mans 24 Hours event, held on international road racing circuits.

Toyota Racing expresses sincere gratitude to our fans for their encouragement and our partners for their support.

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AHF Global World AIDS Day Events Focus On Testing and Treatment



KUALA LUMPUR, Dec 1 (Bernama) -- PHOTO: For World AIDS Day, AHF will host over 160 events around the world to promote testing, treatment for HIV/AIDS; international commemorations will launch global campaign to connect twenty million HIV-positive people to treatment by the end of 2020. For more information, visit www.aidshealth.org/wad (Click on the "Worldwide Events" tab for list of international events.)

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Friday 28 November 2014

Merck's Consumer Health division sparks debate on the future of the OTC sector



.Consumer Health division hosts top level debate on key aspects of the industry

.Speakers and delegates discuss whether sector is undergoing evolutionary change or a revolutionary shift in behaviors

. Q3 figures illustrate continuing success of division with solid year-on-year growth reported

KUALA LUMPUR, Nov 28 (Bernama)-- Merck's Consumer Health division today hosted a top level debate on key future aspects of the OTC sector, at the Science Museum, London, UK. Featuring contributions from leading analysts, professional representatives and patient groups, the event combined the experience and views of Merck Consumer Health's senior management team with external perspectives on the major pressures and influences facing the industry.

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MyCEB Confident that China Roadshow Will Again Draw in Chinese Incentive Travellers


KUALA LUMPUR, Nov. 28, 2014 /Bernama-AsiaNet/ -- The Malaysia Convention & Exhibition Bureau (MyCEB) is heading to China once again to stake its claim as a major player in one of the fastest-growing industries in the world today; the business events sector. From 28 November to 5 December 2014, MyCEB will be a part of a roadshow to visit major cities in China, namely Beijing, Chengdu, Guangzhou and Shanghai.

For the full text: https://www.asianetnews.net/view-release?pr-id=58805 

Thursday 27 November 2014

Xaxis Names Mickey Zhang as Managing Director, China



KUALA LUMPUR, Nov 27 (Bernama) -- Xaxis, the world's largest programmatic media and technology platform, announced today it has appointed Mickey Zhang as managing director for China. With more than 10 years of digital advertising experience on both the agency and publisher sides, Zhang brings deep expertise in the China ad market to the role where she will be responsible for leading Xaxis operations throughout China. In this capacity, Zhang will oversee the expansion of programmatic offerings in the China market, with additional responsibility for managing GroupM search and e-commerce as well as spearheading future digital developments in China.

China currently represents one of the world's largest and fastest growing digital markets to-date, with half a billion users and advertising growth rates averaging 30 to 40 percent per year.

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Wednesday 26 November 2014

MetLife Announces China's Digital Platform and Opens a New Frontier



China's leading online-to-offline, fully integrated digital platform for life insurance launches, 
disrupting the way insurance is traditionally packaged and sold

KUALA LUMPUR, Nov 26 (Bernama) -- MetLife Inc. (NYSE: MET), one of the largest life insurance companies in the world, through Sino US MetLife Insurance Company Limited, today announced a major milestone in its long-term strategy for China and Asia to provide digital end to end sales and service.

In China, consumer behavior is moving toward digital at an unprecedented speed, and the need for companies to provide digital services is expanding exponentially. According to a study conducted by the McKinsey Global Institute, the number of internet users in China is set to surpass the 700 million mark over the next year, with the number of smart phones growing from 380 million to 700 million in 2013 alone.

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Murata Joins Singapore's EcoCampus Initiative



KUALA LUMPUR, Nov 26 (Bernama) -- Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001) and the Nanyang Technological University (NTU Singapore) signed a Research Collaboration Agreement on 14 November 2014. This marks Murata's entry into the EcoCampus research program, led by the Energy Research Institute at NTU (ERI@N). The NTU Singapore's EcoCampus initiative is a novel campus-wide sustainability framework with demonstration sites to achieve 35% reduction in energy, water, and waste intensity by 2020, transforming the university campus into one of the most environmentally friendly university campuses in the world.

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ATEC GROUP Opens CompEx Centre And Training School For Middle East



KUALA LUMPUR, Nov 26 (Bernama) -- ATEC today officially opened its new Training School for the Middle East Region in Dubai. The centre will offer Hazardous Area courses, including CompEx, ExF, Ex01-Ex 04 and Mechanical Ex11, plus will be rolling out Application Design Ex12 by 1st Quarter 2015. The training and inspection centre is the latest addition to our current training schools in Houston, Texas - covering North and South America and Singapore - covering APAC.

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A.M. Best Affirms Ratings of Marble Reinsurance Corporation



KUALA LUMPUR, Nov 26 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Marble Reinsurance Corporation (Marble Re) (Federated States of Micronesia). The outlook for both ratings is stable.

The ratings reflect Marble Re's solid risk-adjusted capitalization and conservative operating strategy. Marble Re's risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR), remained strong, largely owing to its strong profitability and capital support from the parent company, Marubeni Corporation (Marubeni) (Japan).

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Global Foodservice Sales Reach USD$2.6 Trillion in 2013


New List by Euromonitor Identifies Top International Foodservice Operators

KUALA LUMPUR, Nov 26 (Bernama) -- Global market research company Euromonitor International and Nation's Restaurant News released a new list focusing on the top 25 international foodservice operators of outside North America. This list and corresponding regional analysis is prominently featured in Nation's Restaurant News latest issue.

Asia Pacific leads the way in foodservice sales with USD$1 trillion dollars, followed by North America with USD$544 billion and Western Europe at USD$535 billion respectively. However, Eastern Europe experienced the most fixed year-on-year growth in 2012-2013 with 10.8% sales growth, while Latin America also experienced strong growth with 9.7% expansion.

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"The First Great Okinawa Trade Fair", Japan's Largest International Food Business Meeting Session



KUALA LUMPUR, Nov 25 (Bernama) --

- Bringing Together Overseas Buyers and Food Industry Members from throughout Japan -

- With Participation of 201 Exhibitor Companies from throughout Japan and 138 Buyer Companies from 16 Countries and Regions as Well as Japan -

On 27 and 28 November (Thurs.-Fri.), Okinawa Prefecture and the Okinawa Konwakai will present the "First Great Okinawa Trade Fair," among Japan's largest international food business meeting sessions of the type based on appointments made in advance. The participants include 201 exhibitor companies from throughout Japan and 138 buyer companies from 16 countries and regions as well as Japan.

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Photo Release -- Huawei Ascend Mate 7 Powered By ANADIGICS WiFi Solution


KUALA LUMPUR, Nov 25 (Bernama) -- ANADIGICS, Inc. (Nasdaq:ANAD) (the "Company"), a world leader in radio frequency (RF) solutions, today announced that the Company is shipping production volumes of its AWL9281 front-end integrated circuit (FEIC) to Huawei for the new Ascend Mate 7. With an expansive 6.0-inch display, 2.9 mm narrow bezel and 7.9 mm ultra-thin metal body, the Ascend Mate 7 is one of the most compact large-screen smartphones on the market. The Ascend Mate 7 also offers an octo-core processor, 13 megapixel camera and Android® 4.4 KitKat operating system.

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Teleos Names Asia's Most Admired Knowledge Enterprises


KUALA LUMPUR, Nov 25 (Bernama)-- Teleos, in association with The KNOW Network, has announced the Winners of the 2014 Asian Most Admired Knowledge Enterprises (MAKE) study. The Singapore Armed Forces has been recognized as the Overall Asian MAKE Winner for the second time.

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Sydney by Crown Record Sales Result



KUALA LUMPUR, Nov 25 (Bernama) -- A landmark Sydney building has sold more than AUD$170 million in apartments within hours of its same-day local and overseas sales launch.

Australian property developer Crown Group has sold 95 per cent of its first and final release of apartments at its AUD$250-million residential development soon to be built in the heart of the city, Sydney by Crown, exceeding all expectations.

For the full text, click here.

Monday 24 November 2014

A.M. Best Affirms Ratings Of Vietnam National Reinsurance Corporation


KUALA LUMPUR, Nov 24 (Bernama) -- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of "bbb" of Vietnam National Reinsurance Corporation (VINARE) (Vietnam). The outlook for both ratings is stable.

The ratings reflect VINARE's solid risk-based capitalization, consistent operating performance, improving enterprise risk management and strong shareholder support.

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A.M. Best Affirms Ratings Of LIG Insurance Company Limited


KUALA LUMPUR, Nov 24 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of LIG Insurance Company Limited (LIG) (South Korea). The outlook for both ratings is stable.

The rating affirmations reflect LIG's adequate risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). Although the company's risk-adjusted capitalization declined between the fiscal year-end of March 2013 and December 2013, it remained adequate to support the current ratings. The company's risk-based capital (RBC) ratio has experienced downward pressure since fiscal year 2011, mainly driven by the multi-year period of strong premium growth and the tightening solvency regime. The company's RBC ratio was 183% as of June 2014, showing an improvement compared with 173% at year-end 2013; this is attributed to the increase in retained earnings and valuation gain in available-for-sale investments.

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Friday 21 November 2014

Canadian Securities Exchange To Bring Nasdaq's Corporate Solutions To Issuers



KUALA LUMPUR, Nov 21 (Bernama) -- Nasdaq (Nasdaq:NDAQ) today announced a new partnership with the Canadian Securities Exchange (CSE) in Toronto, to further its commitment to providing value-add Corporate Solutions offerings for listed companies in Canada. The strategic partnership will offer CSE's issuers the full suite of Nasdaq's market-leading Corporate Solutions products including investor services and targeting, public relations and governance solutions.

"Our solutions are built to empower companies to better inform and manage relationships with their investors, their boards and the general public," said Paul McKeown, Senior Vice President, Corporate Solutions, Nasdaq. "This new partnership with CSE will bring our solutions and services to many new public companies listed with CSE, and expand our already significant presence in the Canadian market."

For the full text, click here.

Overall Tax Cost and Compliance Burden Lower for Businesses Around the World



KUALA LUMPUR, Nov 21 (Bernama) -- Paying taxes has become easier over the past year for medium-sized companies around the world, the latest report from the World Bank Group and PwC finds. The time it takes an average company to meet its tax obligations dropped by four hours last year, according to the Paying Taxes 2015 study. The report also revealed that the total amount the average company paid in taxes and the number of payments it made also declined in the past year. This is a trend seen every year over the ten year period covered by the publication.

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A.M. Best Affirms Ratings of First Net Insurance Company



KUALA LUMPUR, Nov 21 (Bernama) -- A.M. Best has affirmed the financial strength rating of B (Good) and the issuer credit rating of "bbb " of First Net Insurance Company (First Net) (Guam). The outlook for First Net's ratings is stable.

The rating affirmation is a reflection of First Net's solid risk-adjusted capitalization, prudent catastrophe risk management and the improving quality of its insurance book. The ratings also recognize the operating support from its affiliate, Moylan's Insurance Underwriters, Inc. (MIU).

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Vital Introduces Vitrea(R) Software, Version 6.7


Company to Simultaneously Release Vitrea.InnerVision at RSNA 2014

KUALA LUMPUR, Nov 21 (Bernama) -- Vital Images, Inc. ("Vital") introduces Version 6.7 of Vitrea® software, with new features and enhancements to its cardiovascular, neurovascular and oncology applications, as well as service, integration and efficiency enhancements. This latest version of Vitrea software will be shown at the 100th Scientific Assembly and Annual Meeting of the Radiological Society of North America in Chicago, November 30 - December 4.

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epay Adds McAfee Security Products To Its Software Portfolio



KUALA LUMPUR, Nov 21 (Bernama) -- epay, a division of Euronet Worldwide, Inc. (Nasdaq:EEFT) and a leading prepaid product distributor worldwide, today announced the addition of McAfee, part of Intel Security, products to epay's digital software product portfolio. Through this full distribution contract, epay will provide channel sales, distribution, logistics and merchandizing for McAfee security products via point of sale-activated ("POSA") products, e-vouchers and digital codes.

epay is connected to hundreds of thousands of retailers worldwide and this partnership will allow Intel Security to offer its internet security products in the POSA form for the first time across Europe, the Middle East and Africa ("EMEA"). Specific countries covered in this agreement include Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Portugal, Spain, Sweden, Switzerland and the UK.

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A.M. Best Affirms Ratings of Evergreen Insurance Company Limited



KUALA LUMPUR, Nov 21 (Bernama) -- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of Evergreen Insurance Company Limited (EICL) (Bermuda). The outlook for both ratings remains stable.

The ratings reflect EICL's strong risk-adjusted capitalization, its contribution to the risk management of the Evergreen Group and a favorable track record of underwriting results. As a pure captive of the Evergreen Group, EICL is the group's risk management platform and underwrites risks in marine, aviation, property, engineering, motor and other liability in relation to group operations. The ratings also recognize EICL's prudent and liquid investment portfolio in the past two years.

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Seoul City Presents Run@Seoul Week for Global Citizens



- Seoul Metropolitan Government invites global citizens to participate in interactive campaign to give missions to the runners so they can accomplish various missions given and deliver lively images of Seoul

KUALA LUMPUR, Nov 20 (Bernama) -- Seoul Metropolitan Government has launched a global marketing campaign titled 'Run@Seoul Week' over a five-day period from November 19th to 23rd. The campaign has been designed to allow global citizens to visit Seoul and accomplish missions of finding attractions in Seoul.

Run@Seoul Week has been arranged as a part of Seoul's ongoing campaign called Seoul, My [ ] that continues the participation of global citizen. If last year's project was designed to convey different global citizens' appreciation of Seoul through a movie, this year's event is designed to promote the dynamic and lively images of Seoul through global citizens' interactive participation.

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Signavio Simplifies the Process-Oriented Implementation of SAP Solutions by Integrating with SAP Solution Manager



KUALA LUMPUR, Nov 20 (Bernama) -- Signavio announces today that the Signavio Process Editor will be leveraged in SAP® MaxAttention ™ customer projects. The tight integration between Signavio and the application management solution SAP Solution Manager, version 7.1, enables an improved collaboration between business and IT.

The SAP Solution Manager is the application management solution for the implementation and operations of enterprise applications such as SAP® ERP. Signavio's offering is targeting business users and enables process modeling and analysis from a business perspective.

For the full text, click here.

Wednesday 19 November 2014

Sugar Branded Toxic as More Than 4 in 10 Adults in US Are Obese

KUALA LUMPUR, Nov 19 (Bernama)-- Euromonitor International released today a report discussing the backlash against sugar, changes in consumer attitudes and the effect it is having on global markets.

The report identifies 34 global markets, all of which saw a five-year rise in obesity including the US, where the number of obese adults rose from 34% in 2008 to 41% in 2013. 27 markets globally saw an increase in diabetes.

For the full text, click here.

KVH Receives MEF "Best Service of the Year - APAC" for Its etherXEN Service

KUALA LUMPUR, Nov 19 (Bernama) -- KVH Co., Ltd., Asia's leading information delivery platform headquartered in Tokyo, Japan, announced today that the company has won the 2014 Metro Ethernet Forum ("MEF") Best Service of the Year Award for the Asia Pacific region.

This award recognizes KVH's etherXEN as the best Carrrier Ethernet service in the Asia Pacific region for its scalability, virtual functionality, SDN capabilities, management, global reach and as a solution central to the delivery of Carrier Ethernet. MEF, the global industry body for Carrier Ethernet with the mission to accelerate worldwide adoption of Carrier-class Ethernet networks and services, announced KVH as a winner during the MEF Global Ethernet Networking event in Washington D.C. on November 18, 2014.

For the full text, click here.

Telco Systems Boosts 4G/LTE Backhaul Capabilities for Tier-1 Mobile Network Operator in APAC

KUALA LUMPUR, Nov 19 (Bernama) -- Telco Systems, a BATM company (LSE: BVC, TASE: BATM), is a leading provider of innovative SDN & NFV and CE 2.0 multi-service Carrier Ethernet and MPLS edge access solutions for mobile backhaul, business Ethernet services and cloud networking. The company announced today that it has been selected by a tier 1 mobile network operator in APAC as part of its large-scale network modernization that will deliver 4G/LTE services to an expanding subscriber base.

In order to cope with the data traffic surge and to be able to launch new data services, the tier 1 mobile operator is simultaneously increasing coverage while rolling out an advanced 4G/LTE network. The backhaul network is being substantially expanded to cope with the increasing traffic while supporting current and future use.

For the full text, click here.

Four Pillar Approach to Entering an Emerging Market Identifies Opportunities and Challenges for Expanding Businesses

KUALA LUMPUR, Nov 19 (Bernama) -- Global market research company Euromonitor International released today a new e-book "Succeed in Emerging Markets: Selection, Strategy and First Steps," focusing on a four pillar model to assist in emerging market entry.

For the full text, click here.

Integrated Research, Creators of Prognosis, Unveils IR Brand and New Predictive Analytics

- Company also shares vision to introduce cognitive automation to its performance management solution

KUALA LUMPUR, Nov 19 (Bernama) -- Integrated Research (ASX:IRI), leading global provider of proactive performance management software for critical IT infrastructure, payments and communications ecosystems, will now market its solutions under the IR brand. The new brand better presents the importance and relevance of IR in protecting critical IT systems, and illustrates the company's strategy of providing automated software solutions that will shape and strengthen these systems in the future.

Every second millions of critical systems and networks keep the world ticking. And every second, thousands of teams work tirelessly to maintain order but the threat of a problem is never far away. IR makes sure these systems run at their best and predict vulnerabilities before they arise.

For the full text, click here.

Vital Images, Inc. Introduces VioStream to Provide Fast Access to Federated Image Repositories

KUALA LUMPUR, Nov 19 (Bernama-GLOBE NEWSWIRE) -- Vital Images, Inc. ("Vital"), announces enhancements in image management to its industry-leading VitreaView® enterprise viewer with VioStream™ software. Today, many healthcare organizations are challenged to unify access to imaging content, often spread across a number of departmental PACS and distributed locations. Vital is now offering unique building blocks, which will enable full image access through electronic health records (EHRs).

For the full text, click here.

S. Bertram Boosts Performance With Descartes' Cloud-Based Fleet Management Solution

KUALA LUMPUR, Nov 18 (Bernama) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that S. Bertram, Inc., a premier food-service industry supplier across the North-eastern U.S., has increased efficiency and improved customer service with Descartes' comprehensive cloud-based fleet management solution that combines route planning, real-time dispatch, GPS-based tracking, proof of delivery (POD) and telematics.

For the full text, click here.

Tuesday 18 November 2014

Sentry Equipment Corp Announces New Partnership In Singapore



Exclusive Representation of Sentry Pipeline Integrity and Crude Oil Sampling Products will Provide Prompt and Effective Support to Region

KUALA LUMPUR, Nov 18 (Bernama) -- Sentry Equipment Corp announced that it has entered into an exclusive representative agreement with Sentry Equipment (SG) PTE. LTD. to better serve the needs of their customers in Southeast Asia and to continue with their geographic expansion plans.

Sentry Equipment (SG) will exclusively represent the full Sentry® pipeline integrity and crude oil/gas sampling product lines in Singapore, Malaysia, Thailand, and Myanmar. They will also cover Vietnam and Myanmar, along with our other representatives in those countries.

For the full text, click here.

"Heaven Knows What" Won Tokyo Grand Prix of 27th Tokyo International Film Festival



KUALA LUMPUR, Nov. 14 (Bernama-AsiaNet)-- The 27th Tokyo International Film Festival (TIFF) at Roppongi Hills, Tokyo, Japan from October 23 to 31, has successfully concluded.

This year, TIFF screened around 200 films and over 44,700 film fans attended the screenings. The Tokyo Grand Prix was awarded to "Heaven Knows What," directed by Josh Safdie and Benny Safdie. For the all section's award winners, please see below.

For the full text, click here.

Friday 14 November 2014

Nasdaq To List FlexShares Credit-Scored US Corporate Bond Index Fund


Accessible and Efficient Investment Product Providing Exposure to U.S. Corporate Debt

KUALA LUMPUR, Nov 14 (Bernama) -- Nasdaq yesterday announced that FlexShares® Exchange Traded Funds, sponsored and managed by Northern Trust, will list a new exchange-traded fund, FlexShares Credit-Scored US Corporate Bond Index Fund (Symbol: SKOR), on The Nasdaq Stock Market. SKOR will begin trading today, November 13th, 2014.

"Regulatory changes impacting the fixed income capital markets and persistent low interest rates have caused institutional investors and financial advisors to reassess their investment options for exposure to corporate bonds," said Shundrawn A. Thomas, Executive Vice President and Head of Northern Trusts' Funds and Managed Accounts Group. "The FlexShares® Credit-Scored US Corporate Bond Index Fund employs a rules-based methodology that incorporates forward looking financial metrics to optimize credit risk while providing improved transparency and liquidity as compared to legacy corporate bond benchmarks."

For the full text, click here.

David Teo Joins A.M. Best Asia-Pacific Ltd. as Director, Market Development - South East Asia



KUALA LUMPUR, Nov 14 (Bernama) -- A.M. Best is pleased to announce that David Teo has joined the team at A.M. Best Asia-Pacific (Singapore) Pte Ltd. as Director, Market Development - South East Asia. He will be responsible for market development activities in South East Asia, Australia and New Zealand.

David is a resident of Singapore and has been working in the insurance industry for the past seven years. Prior to joining A.M. Best, David worked for Aon Benfield Asia, advising clients in Asia on various rating agency issues. He has assisted clients with implementing Enterprise Risk Management (ERM) frameworks, which have increasing importance for the industry worldwide.

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A.M.BestTV: The 27th East Asian Insurance Congress - Investors Are Focus On Closing The Insurance Gaps



KUALA LUMPUR, Nov 14 (Bernama) -- In this A.M.BestTV episode from the 27th East Asian Insurance Congress in Taipei, Taiwan, the hot topic on the fifth day concerns what serving emerging markets in Asia means. Dr. Ludger Arnoldussen, a member of Munich Re's management board, said it means addressing natural catastrophe coverage and gaps in insurance coverage.

Arnoldussen discusses how Munich Re, a global reinsurer, balances managing growth with optimizing profitability. "These cycles occur quite frequently in the reinsurance market, so my company exercises cycle management," said Arnoldussen. "Our clients are focus on what we can provide to them in terms of innovation and how they can grow their business profitably."

For the full text, click here.

Video Interview: Rick Clemmer, Director, President And Chief Executive Officer, NXP Semiconductors N.V. [NXPI]



NASDAQ CEO Signature Series Broadcasted From the NASDAQ MarketSite

KUALA LUMPUR, Nov 14 (Bernama) -- Veteran business journalist Kelsey Hubbard joins Rick Clemmer, Director, President and Chief Executive Officer, NXP Semiconductors N.V. [NXPI] to discuss the company's industry, strategy, financials and positioning.

Click here to view video: http://www.media-server.com/m/p/4v8oapae

Rick Clemmer, NXP Semiconductors N.V. [NXPI] Director, President and Chief Executive Officer

Mr. Clemmer became executive director, president and chief executive officer on January 1, 2009. Prior to that, from December 2007, Mr. Clemmer was a member of the supervisory board of NXP B.V. and a senior advisor of Kohlberg Kravis Roberts & Co. Prior to joining NXP, he drove the turnaround and re-emergence of Agere Systems Inc., a spin-out from Lucent Technologies Inc. and a leader in semiconductors for storage, wireless data, and public and enterprise networks.

For the full text, click here.

NEC and Singapore Economic Development Board sign MOU to Collaborate on Cyber Security, Smart Energy, Healthcare, and the Internet of Things (IoT)



TOKYO AND SINGAPORE, Nov. 14 (Bernama) -- NEC Corporation (NEC; TSE: 6701) and the Singapore Economic Development Board (EDB) announced the signing of a Memorandum of Understanding (MOU) to research and collaborate in areas that are essential to the realization of a safe, secure and efficient society, including cyber security, smart energy, healthcare, and the Internet of Things (IoT). The partnership aims to promote and drive economic growth in the industry through NEC-driven, innovative IT solutions, talent development programmes and research collaboration within Singapore.

The collaboration with EDB will see NEC developing an Internet of Things business platform that will benefit businesses across industries as well as create new capabilities and business opportunities.

For the full text, click here.

A.M. Best Affirms Ratings Of Samsung Fire & Marine Insurance Co., Ltd. And Its Subsidiaries


KUALA LUMPUR, Nov 14 (Bernama) -- A.M. Best has affirmed the financial strength rating (FSR) of A++ (Superior) and the issuer credit rating (ICR) of "aa+" of Samsung Fire & Marine Insurance Co., Ltd. (SFM) (South Korea). Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of "a" of SFM's wholly owned subsidiary, Samsung Reinsurance Pte. Ltd. (SRE) (Singapore). A.M. Best also has affirmed the FSR of A- (Excellent) and the ICR of "a-" of SFM's subsidiaries, Samsung Vina Insurance Co., Ltd. (SVI) (Vietnam) and PT. Asuransi Samsung Tugu (AST) (Indonesia). The outlook for all ratings is stable.

For the full text, click here.

"Heaven Knows What" Won Tokyo Grand Prix of 27th Tokyo International Film Festival



KUALA LUMPUR, Nov. 14 (Bernama-AsiaNet)-- The 27th Tokyo International Film Festival (TIFF) at Roppongi Hills, Tokyo, Japan from October 23 to 31, has successfully concluded.

This year, TIFF screened around 200 films and over 44,700 film fans attended the screenings. The Tokyo Grand Prix was awarded to "Heaven Knows What," directed by Josh Safdie and Benny Safdie. For the all section's award winners, please see below.

For the full text, click here.

Nasdaq To Provide SMARTS Broker Technology To Kyte Group Limited



KUALA LUMPUR, Nov 13 (Bernama) -- Nasdaq (Nasdaq:NDAQ), the world's leading provider of market technology, today announced it will provide SMARTS Broker technology to The Kyte Group Limited, an independent Futures Commission Merchant (FCM), providing DMA, brokerage, clearing and settlement services to professional traders who transact business on the world's leading exchanges. The surveillance technology, which is now live, will be leveraged across their entire span of trading on derivatives and equities markets.

For the full text, click here.

Talent International Unleashes Technology Entrepreneurs on Branson Centre of Entrepreneurship During Global Entrepreneurship Week


Talent International announces complimentary recruitment fees for all 30 Talent Unleashed 2014 finalists to the value of HKD$670,000

KUALA LUMPUR, Nov 13 (Bernama) -- Innovative global technology and recruitment services company, Talent International, is this week flying the six winners of its 2014 Talent Unleashed awards to the Branson Centre of Entrepreneurship in Johannesburg, South Africa for an all-expenses paid, four-day entrepreneurship and networking workshop.

Hong Kong resident Paul Lee won the Community Impact Award for inventing and launching ACEHearing, a world-first hearing enhancement technology that puts the services of hearing professionals into any mobile device.

For the full text, click here.

Coherus BioSciences Announces Closing of Initial Public Offering and Exercise of Underwriters' Option to Purchase Additional Shares


KUALA LUMPUR, Nov 13 (Bernama) -- Coherus BioSciences, Inc. announced today the closing of its initial public offering of 6,803,702 shares of its common stock at a public offering price of $13.50 per share, before underwriting discounts, commissions and estimated expenses, which includes the purchase of 507,402 shares of Coherus common stock by the underwriters upon partial exercise of their option to purchase additional shares. All of the shares of common stock are being offered by Coherus. The Company's common stock is listed on The NASDAQ Global Market under the ticker symbol "CHRS". Coherus estimates net proceeds from the offering to be approximately $81.5 million, after deducting underwriting discounts and commissions and estimated offering expenses.

J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC acted as joint book-running managers and Cowen and Company, LLC acted as lead manager for the offering.

For the full text, click here.

Thursday 13 November 2014

A.M. Best Affirms Ratings of Meritz Fire & Marine Insurance Co., Ltd.


KUALA LUMPUR, Nov 12 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Meritz Fire & Marine Insurance Co., Ltd. (Meritz) (South Korea). The outlook for both ratings is stable.

The rating affirmations reflect Meritz's supportive risk-adjusted capitalization and track record of positive operating results.

For the full text, click here.

CDNetworks Strengthens Presence in the Southeast Asian Market With New Branch in Singapore

KUALA LUMPUR, Nov 12 (Bernama) -- CDNetworks is targeting aggressive growth in the Southeast Asian market with its new branch in Singapore. CDNetworks, a global content delivery service provider (CEO Kim Jongchan, www.cdnetworks.com), announced that its new branch had opened in Singapore on 12th, November. This is a CDNetworks' 5th overseas branch, after branches in Japan, China, the United States and the United Kingdom.


For the full text, click here.

A.M. Best Affirms Ratings of Meritz Fire & Marine Insurance Co., Ltd.

KUALA LUMPUR, Nov 12 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Meritz Fire & Marine Insurance Co., Ltd. (Meritz) (South Korea). The outlook for both ratings is stable.

The rating affirmations reflect Meritz's supportive risk-adjusted capitalization and track record of positive operating results.


For the full text, click here.

Iraq Stock Exchange Launches Nasdaq's X-stream Trading Technology

KUALA LUMPUR, Nov 12 (Bernama) -- Nasdaq (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) announced today the successful on-scheduled go-live of the X-stream Trading technology, which replaced the existing Horizon platform. Nasdaq has delivered trading technology to ISX since 2007.

The X-stream Trading upgrade provides ISX with a widely deployed high-end, multi-asset trading platform that complies with international standards. The new technology provides ISX with improved performance and up to ten-fold the amount of the capacity.

For the full text, click here.