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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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).

For the full text, click here.

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.

For the full text, click here.

"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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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).

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.

For the full text, click here.

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.