KUALA LUMPUR, March 31 (Bernama) -- Xaxis, the world's largest
programmatic media and technology platform, has acquired ActionX, the leader in mobile app and cross-screen advertising.
The acquisition would enable Xaxis to incorporate ActionX's proprietary
technology into its offerings, providing Xaxis clients with an enhanced
suite of mobile performance capabilities, said Xaxis in a statement
issued today in New York.
ActionX will continue to operate under the leadership of founders Evan Schwartz, Scott Marshall and their management team.
Selected as one of Forbes' 2014 Most Promising Companies, ActionX works
with major retailers, travel services, media subscription brands and
other transactional marketers to drive mobile and cross-screen revenue
and maximize customer lifetime value.
"Today's acquisition brings ActionX's technology and expertise in-house,
strengthening our mobile capabilities. It also supports our broader
strategy of developing new ways for brands programmatically engage with
consumers through proprietary media products," commented Brian Lesser,
Global CEO at Xaxis in the same statement.
"The combination of our mobile-first platform with the products, client
reach and scale of Xaxis is extremely powerful," added Evan Schwartz,
CEO at ActionX.
According to eMarketer, ad spending on mobile worldwide is expected to
grow to almost US$65 billion (RM240 billion) by the end of 2015 and to
over US$158 billion (RM548 billion) by 2018. ActionX is a global
solution that will be rolled out to Xaxis clients in all regions in the
coming months.
-- BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1122692
Tuesday 31 March 2015
Monday 30 March 2015
A.M. Best Affirms Ratings of Ansvar Insurance Limited
SINGAPORE, March 30 (Bernama) -- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Australia's Ansvar Insurance Limited (Ansvar).
The outlook for both ratings was stable and reflected Ansvar's adequate
balance sheet strength and improved underwriting results, said a
statement issued today by A.M. Best in Singapore.
Ansvar is currently maintaining a capital adequacy ratio that is significantly above its local regulatory requirement. In addition, the company's risk-based capitalization, as evaluated by Best's Capital Adequacy Ratio, is supported by its disciplined approach to underwriting, favorable reinsurance arrangement and conservative investments.
In response to the poor underwriting results in recent years, Ansvar took the decision to exit its unprofitable personal lines business and implement various measures to remediate the performance of its commercial book, which include enhancing its underwriting control, restructuring its reinsurance program and striving to meet its pricing target by line of business.
Mainly reflective of these initiatives, the company has reported a more stable claims experience and improved underwriting results for the 12-month period that ended Dec. 31, 2014.
Offsetting rating factors include Ansvar's significantly reduced revenue base following the remediation of its underwriting portfolio.
Positive rating actions are unlikely in the short term and could be downgraded if Ansvar fails to meet its profitability targets due to competitive pressures, or there is a material deviation from the budgeted loss and expense ratios.
-- BERNAMA
Ansvar is currently maintaining a capital adequacy ratio that is significantly above its local regulatory requirement. In addition, the company's risk-based capitalization, as evaluated by Best's Capital Adequacy Ratio, is supported by its disciplined approach to underwriting, favorable reinsurance arrangement and conservative investments.
In response to the poor underwriting results in recent years, Ansvar took the decision to exit its unprofitable personal lines business and implement various measures to remediate the performance of its commercial book, which include enhancing its underwriting control, restructuring its reinsurance program and striving to meet its pricing target by line of business.
Mainly reflective of these initiatives, the company has reported a more stable claims experience and improved underwriting results for the 12-month period that ended Dec. 31, 2014.
Offsetting rating factors include Ansvar's significantly reduced revenue base following the remediation of its underwriting portfolio.
Positive rating actions are unlikely in the short term and could be downgraded if Ansvar fails to meet its profitability targets due to competitive pressures, or there is a material deviation from the budgeted loss and expense ratios.
-- BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1122677
Wednesday 25 March 2015
Ultrasolar Partners With Nano Energy
KUALA LUMPUR, March 25 (Bernama) -- Ultrasolar Technology Inc., a U.S.
based leading startup in the solar space providing systems for
increasing energy harvest from solar modules has partnered with a
technology distributor of energy efficiency systems, NanoEnergy Ltd of
Japan.
This partnership will enable Ultrasolar and NanoEnergy Ltd. to deliver QuantumBoost™ to the Japanese market, with an initial order of 177MW, said Ultrasolar Technology in a statement issued today in Santa Clara, California.
The partnership also created the opportunity to increase the global business profile of Ultrasolar Technology enabling the growing startup to establish a position in Japan and Asia/Pacific.
"NanoEnergy and Ultrasolar have been working together to build a solid infrastructure to place QuantumBoost™ in Japan. We look forward to a long relationship delivering value to the Japanese market with our technology," commented Santosh Kumar, CEO of Ultrasolar in the same statement.
"NanoEnergy prides itself on delivering the most advanced energy efficiency technology such as Nano Fuel Emulsion Equipment; and hard water treatment systems. I am confident QuantumBoost™ will grow our business significantly over the next few years," explained Muneya Arakawa, Chairman of NanoEnergy, who introduced Ultrasolar into the Japan market at its inception.
--BERNAMA
This partnership will enable Ultrasolar and NanoEnergy Ltd. to deliver QuantumBoost™ to the Japanese market, with an initial order of 177MW, said Ultrasolar Technology in a statement issued today in Santa Clara, California.
The partnership also created the opportunity to increase the global business profile of Ultrasolar Technology enabling the growing startup to establish a position in Japan and Asia/Pacific.
"NanoEnergy and Ultrasolar have been working together to build a solid infrastructure to place QuantumBoost™ in Japan. We look forward to a long relationship delivering value to the Japanese market with our technology," commented Santosh Kumar, CEO of Ultrasolar in the same statement.
"NanoEnergy prides itself on delivering the most advanced energy efficiency technology such as Nano Fuel Emulsion Equipment; and hard water treatment systems. I am confident QuantumBoost™ will grow our business significantly over the next few years," explained Muneya Arakawa, Chairman of NanoEnergy, who introduced Ultrasolar into the Japan market at its inception.
--BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1120284
Thursday 19 March 2015
S-OPTO by Stanley Electric to Promote Innovations in Optoelectronics
Stanley Electric is dedicated to contribute to society by leveraging the various properties of light, said Stanley in a statement issued today in Tokyo, Japan.
S-OPTO is a platform for us to collaborate with researchers worldwide, who have been innovative on ideas using optoelectronic technologies to create new products and businesses.
Under the programme researchers could expect support for R&D for a period of up to three years and the total funding for all selected teams can go up to $8.5M (RM31.5 million).
Provision of laboratory space for the R&D and other assistance patent assistance and advice on business strategy will also be provided if needed.
Partners who want to achieve bold innovations by collaborating with Stanley Electric in the S-OPTO are most welcomed and the S-)PTO closes on June 15, 2015.
To learn more about the S-OPTO, please visit: http://www.stanleyelec-sopto.com/
Stanley Official Website: http://www.stanley.co.jp/e/
-- BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1118797
Wednesday 18 March 2015
Nasdaq Lists Global X On The Nasdaq Stock Market
SRET seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Solactive Global SuperDividen REIT Index, said Nasdaq in a statement issued today in New York.
The fund will access 30 of the highest dividend yielding REITs in the world and includes features to reduce volatility. SRET strives to provide alternative income to diversify investor's portfolios.
"At a time of continued low interest rates, income-seekers are in need of alternative sources for yield. Investors have come to rely on Global X to deliver innovative solutions for income, and we are excited to be partnering with Nasdaq on SRET," explained Bruno Del Ama, CEO at Global X Funds in the statement.
Nasdaq operates an efficient platform for successfully introducing a product suite into one of the single largest pools of liquidity including market participants, which represent a full spectrum of investors.
ETF issuers benefit from an end-to-end solution that provides ongoing product support including index licensing, listings opportunities, data offerings and trading services.
As the home to some of the world's most innovative ventures, Nasdaq generates opportunities for issuers to access new markets and deliver new concepts that change the way the industry develops, manages and applies ETFs.
-- BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1117981
Friday 13 March 2015
Entegris Receives Preferred Quality Supplier Award From Intel
KUALA LUMPUR, March 6 (Bernama) -- Entegris, Inc., has been awarded Intel Corporation's Preferred Quality Supplier (PQS) recognition for its performance in 2014.
The PQS award is part of Intel's Supplier Continuous Quality Improvement (SCQI) program that encourages suppliers achieve excellence and continue with improvements.
To qualify for the PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, technology, environmental, social and governance goals, said Entegris in a statement issued in Billerica, Massachusetts, the United States.
Suppliers must also achieve 80 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems.
"This distinction is the result of the on-going commitment and dedication of the Entegris teams around the world to relentlessly advance our quality systems and our technology.
"We are committed to helping the world's technology leaders grow in an environmentally and socially responsible manner and we look forward to new opportunities to enable Intel's technology roadmap," explained Bertrand Loy, President and CEO at Entegris in the same statement.
A celebration to honor PQS award winners was held in Santa Clara, California with the theme "Innovating to Deliver Smart and Connected Devices", which illustrates the contributions the suppliers have made in 2014.
For further information on SCQI program and announcement, please visit: http://intel.com/go/quality http://intel.com
--BERNAMA
The PQS award is part of Intel's Supplier Continuous Quality Improvement (SCQI) program that encourages suppliers achieve excellence and continue with improvements.
To qualify for the PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, technology, environmental, social and governance goals, said Entegris in a statement issued in Billerica, Massachusetts, the United States.
Suppliers must also achieve 80 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems.
"This distinction is the result of the on-going commitment and dedication of the Entegris teams around the world to relentlessly advance our quality systems and our technology.
"We are committed to helping the world's technology leaders grow in an environmentally and socially responsible manner and we look forward to new opportunities to enable Intel's technology roadmap," explained Bertrand Loy, President and CEO at Entegris in the same statement.
A celebration to honor PQS award winners was held in Santa Clara, California with the theme "Innovating to Deliver Smart and Connected Devices", which illustrates the contributions the suppliers have made in 2014.
For further information on SCQI program and announcement, please visit: http://intel.com/go/quality http://intel.com
--BERNAMA
Thursday 12 March 2015
Antuit Introduces Antuit-simtech Supply Chain Analytics Lab
KUALA LUMPUR, March 12 (Bernama) -- Antuit, a global Big Data solutions company, and A*STAR's Singapore Institute of Manufacturing Technology (SIMTech) have established the Antuit-SIMTech Supply Chain Analytics Lab.
The Antuit-SIMTech Supply Chain Analytics Lab is a two-year research collaboration to develop analytics-based solutions for emerging supply chain problems.
With an investment of US$1.8 million from the two organizations, the Lab will develop new tools and technologies to help companies manage their supply chains more efficiently and enable supply chain leaders to make data-led decisions.
Housed at SIMTech, the Lab will focus on areas among others the application of data sciences in supply chain planning, supply chain risk mitigation, and the use of Internet and communication tools to improve supply chain visibility.
It will provide collaborative workspace for research, experimentation and innovation, leveraging Antuit's analytics services expertise and SIMTech's capabilities in research and development.
The Lab will be managed and supervised by co-directors Orkan Akcan and Dr. Zhang Nengsheng Allan, from Antuit and SIMTech, respectively.
"A*STAR research institutes such as SIMTech are avenues for SMEs to effectively use technology to improve productivity and capture business opportunities," explained Dr. Lim Ser Yong, Executive Director of SIMTech in the same statement.
-- BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1116315
Nasdaq Introduces TT As Nfx's Proffesional Trading Software
KUALA LUMPUR, March 12 (Bernama) -- Trading Technologies
International, Inc. (TT), a global provider of high-performance
professional trading software, is to introduce connectivity to Nasdaq
Futures (NFX) through both its TT and X_TRADER® platforms.
Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power, which will launch in 2015.
The TT connection would provide trading community with more choices for investing in energy derivatives, improving price discovery and providing deeper liquidity, said Nasdaq in a statement issued today in Boca Raton, Florida, the United States.
With the NFX, TT continues to expand its offering to provide access to 42 markets including Nasdaq's European commodities markets, Nasdaq NLX and Nasdaq eSpeed.
"Our connection to TT will provide global energy market participants not only tools to execute their strategies but also the ability to hedge in a more cost efficient manner with access to our suite of energy benchmark products.
"TT's relationship with Nasdaq spans our markets across the globe, and we will now offer the trading community additional choices and trading opportunities for strategies across key assets," explained Hans-Ole Jochumsen, President of Nasdaq in the same statement.
Nasdaq's Global Commodities business offers trading and clearing solutions for various related assets including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
With market makers, liquidity providers and competitive fees, Nasdaq provides a liquid, transparent and efficient marketplace, which appeals to all types of trading entities.
--BERNAMA
Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power, which will launch in 2015.
The TT connection would provide trading community with more choices for investing in energy derivatives, improving price discovery and providing deeper liquidity, said Nasdaq in a statement issued today in Boca Raton, Florida, the United States.
With the NFX, TT continues to expand its offering to provide access to 42 markets including Nasdaq's European commodities markets, Nasdaq NLX and Nasdaq eSpeed.
"Our connection to TT will provide global energy market participants not only tools to execute their strategies but also the ability to hedge in a more cost efficient manner with access to our suite of energy benchmark products.
"TT's relationship with Nasdaq spans our markets across the globe, and we will now offer the trading community additional choices and trading opportunities for strategies across key assets," explained Hans-Ole Jochumsen, President of Nasdaq in the same statement.
Nasdaq's Global Commodities business offers trading and clearing solutions for various related assets including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.
With market makers, liquidity providers and competitive fees, Nasdaq provides a liquid, transparent and efficient marketplace, which appeals to all types of trading entities.
--BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1116441
Tuesday 10 March 2015
Sompo Japan Nipponkoa Ratings Remain Unchanged
KUALA LUMPUR, March 9 (Bernama) -- The financial strength rating of A+
(Superior) and the issuer credit rating of "aa-" for Sompo Japan
Nipponkoa Insurance Inc., remains unchanged.
The result was due to the plan of investing in SCOR SE (SCOR) in France, commented A.M. Best in a statement issued today in Hong Kong.
Sompo Japan Nipponkoa Holdings, Inc (SJNK) (Japan) had announced on March 6, 2015 that Sompo Japan Nipponkoa, its main operating subsidiary would acquire a 7.8 percent stake in SCOR and has intentions to further increase that stake to 15 percent.
Overall investment risk to equities is expected to remain within an acceptable level, as the company has reduced its exposure to the domestic equity market over the years.
More recently, the company has made an effort to expand its earnings profile and diversify the risk profile both in investment and underwriting.
Sompo Japan Nipponkoa is a wholly owned subsidiary of SJNK, which is one of the major non-life insurance holding companies in Japan. SJNK Holdings was established as a joint holding company following the merger of Sompo Japan and NIPPONKOA Insurance Co., Ltd. (NIPPONKOA) in 2010.
--BERNAMA
The result was due to the plan of investing in SCOR SE (SCOR) in France, commented A.M. Best in a statement issued today in Hong Kong.
Sompo Japan Nipponkoa Holdings, Inc (SJNK) (Japan) had announced on March 6, 2015 that Sompo Japan Nipponkoa, its main operating subsidiary would acquire a 7.8 percent stake in SCOR and has intentions to further increase that stake to 15 percent.
Overall investment risk to equities is expected to remain within an acceptable level, as the company has reduced its exposure to the domestic equity market over the years.
More recently, the company has made an effort to expand its earnings profile and diversify the risk profile both in investment and underwriting.
Sompo Japan Nipponkoa is a wholly owned subsidiary of SJNK, which is one of the major non-life insurance holding companies in Japan. SJNK Holdings was established as a joint holding company following the merger of Sompo Japan and NIPPONKOA Insurance Co., Ltd. (NIPPONKOA) in 2010.
--BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1115293
AirAsia Berhad Flies you direct to Kuala Lumpur from Visakhapatnam
BENGALURU, India, March 10 (BERNAMA) -- AirAsia Berhad is launching its new direct route to the capital of Malaysia –
Kuala Lumpur from the city of Visakhapatnam with an initial frequency of 3x
weekly commencing from 7 May 2015, connecting the third largest city in East
Coast India to one of the fastest growing metropolis in South East Asia.
To celebrate the launch of this new route, AirAsia Berhad is offering fare from
as low as INR 1,699* one way including taxes for the booking period of 10 to 22
March 2015, and the travel period will be from 7 May 2015 to 26 March 2016.
This promotional fare is now available on airasia.com, as well as AirAsia’s
mobile app on iPhone and Android devices, as well as its mobile site
mobile.airasia.com.
Spencer Lee, Head of Commercial for AirAsia Berhad said, “We are ecstatic to
announce the first new route out of India for AirAsia Berhad this year, making
Vizag the seventh city with direct flights to Kuala Lumpur from India after
Kolkata, Chennai, Trichy, Bangalore, Kochi and Hyderabad. Now the people of
Vizag can enjoy greater connectivity to Asia and Australia with just one stop
away through Kuala Lumpur!”
“Guests can now connect to other Malaysian cities like Penang, Kuching or Kota
Kinabalu, or even to Hong Kong, Tokyo, Sydney and many more exciting cities we
offer in our extensive flight network with the Fly-Thru service via Kuala
Lumpur. Together with our affiliate AirAsia India, we are poised to provide an
enhanced flight network in India at amazing low fares!” added Spencer.
Kuala Lumpur has a lot to offer as a travel destination, the colourful cultures
from the racial diversity and the vast variety of cuisines available continues
to be a draw for people to visit Kuala Lumpur. It is home to the world-famous
Twin Towers at the city-centre filled with skyscrapers which will leave you in
awe; or climb the stairs at the mesmerizing Batu Caves, a Hindu religious site
rising above 100m above the ground, with temples and shrines housed in this
beautiful limestone cave.
The city of Kuala Lumpur is also the gateway to UNESCO Heritage Site of Melaka,
just an hour’s drive away from the airport. Apart from that, other interesting
attractions nearby Kuala Lumpur include Genting Highlands, the city of
entertainment on the peak of a mountain, as well as the scenic and cooling
Cameron Highlands.
FOR MORE INFORMATION PLEASE CONTACT:
Name : Neha Mohanty
Communications
Tel : +9190 2511 5559
E-mail : nehamohanty@airasia.com
SOURCE : AirAsia Berhad
|
Monday 9 March 2015
Hakuho Invites Researchers To 10th Hakuho Foundation Fellowship
KUALA LUMPUR, March 9 (Bernama) -- Hakuho Foundation, a public
interest incorporated foundation, has invited 14 researchers to
participate in the 10th Hakuho Foundation Japanese Research Fellowship.
They have been selected from 11 countries - Australia, Bulgaria, Czeh Republic, France, Germany, India, Italy, Thailand, U.K., USA and Vietnam - said Hakuho in a statement issued today in Tokyo, Japan.
Among the 14 researchers, seven of them were selected in the Japanese language and Japanese language education research category and the rest in the Japanese literature and culture research category.
The fellowship period begins on Sept 1, 2015 - Aug 31, 2016 (long term 1-year or short-term 6 months).
Hakuho Foundation invites leading international researchers to Japan, with the goals of further strengthening the fundamentals of international research and deepening of Japan through researchers' activities.
Leading international researchers of the Japanese language, Japanese language education, Japanese literature and Japanese culture are also invited to conduct residential research.
Receiving Organizations are; International Research Center for Japanese Studies, Kyoto University, National Institute for Japanese Language and Linguistics Ochanomizu University, Ritsumeikan University, Tokyo University of Foreign Studies, Waseda University.
For more details on Hakuho Foundation Japanese Research Fellowship and lists of invited researches, please visit: http://www.hakuhodo.co.jp/foundation/english/program/index.html http://www.hakuhodo.co.jp/foundation/english/program/new.html
--BERNAMA
They have been selected from 11 countries - Australia, Bulgaria, Czeh Republic, France, Germany, India, Italy, Thailand, U.K., USA and Vietnam - said Hakuho in a statement issued today in Tokyo, Japan.
Among the 14 researchers, seven of them were selected in the Japanese language and Japanese language education research category and the rest in the Japanese literature and culture research category.
The fellowship period begins on Sept 1, 2015 - Aug 31, 2016 (long term 1-year or short-term 6 months).
Hakuho Foundation invites leading international researchers to Japan, with the goals of further strengthening the fundamentals of international research and deepening of Japan through researchers' activities.
Leading international researchers of the Japanese language, Japanese language education, Japanese literature and Japanese culture are also invited to conduct residential research.
Receiving Organizations are; International Research Center for Japanese Studies, Kyoto University, National Institute for Japanese Language and Linguistics Ochanomizu University, Ritsumeikan University, Tokyo University of Foreign Studies, Waseda University.
For more details on Hakuho Foundation Japanese Research Fellowship and lists of invited researches, please visit: http://www.hakuhodo.co.jp/foundation/english/program/index.html http://www.hakuhodo.co.jp/foundation/english/program/new.html
--BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1115444
SOCIAL DRINKING ARKAY PLACEBO EFFECT
KUALA LUMPUR, March 9 (Bernama) -- Arkay Beverages announces that consumers
drink Arkay for the placebo effect.
Ever come home from work and plain needed a good stiff drink? It seems a fairly
common sentiment, but according to Arkay Beverages, the notion that alcohol can
curb stress may be an axiom. Of course, alcohol itself might not be the
notorious intoxicant that we think it is. It could all be a ruse created by
advertising gone awry.
http://bernamamobile.com/mrem/mnewsdetail_n.asp?hd=803340
drink Arkay for the placebo effect.
Ever come home from work and plain needed a good stiff drink? It seems a fairly
common sentiment, but according to Arkay Beverages, the notion that alcohol can
curb stress may be an axiom. Of course, alcohol itself might not be the
notorious intoxicant that we think it is. It could all be a ruse created by
advertising gone awry.
http://bernamamobile.com/mrem/mnewsdetail_n.asp?hd=803340
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