Financial News from ACN Newswire

  • Grade-A Office Complex Citibank Plaza to Be Renamed as "Three Garden Road, Central" ACN Newswire - 1 hour 5 minutes ago

    HONG KONG, May 25, 2016 - (ACN Newswire) - Champion Real Estate Investment Trust (stock code: 2778) announces that its Grade-A office complex in Central Citibank Plaza, will be renamed "Three Garden Road, Central" effective 28 June 2016, after the completion of major asset enhancement works. Citibank Tower, one of the towers of the complex will also change its name to "Champion Tower". The new name reflects the premium location of the property in Garden Road which is a prestige address in the Central Business District.

  • INPEX and MHI Conclude Memorandum on Joint Study of Technological Challenges in the Energy Sector ACN Newswire - 2 hours 45 minutes ago

    TOKYO, May 25, 2016 - (JCN Newswire) - INPEX CORPORATION (INPEX) and Mitsubishi Heavy Industries, Ltd. (MHI) jointly announced today that they have concluded a memorandum based on an agreement to jointly study solutions for various technological challenges in the energy sector. Under the auspices of the memorandum, INPEX and MHI plan to jointly establish a working committee and address technological solutions including utilizing the Internet of Things (IoT)(1) and robot technology to further optimize oil and gas production operations. INPEX aims to sustainably grow its oil and natural gas development business while developing and evolving into an integrated energy company by contributing to the stable supply of energy with a focus on natural gas to a wide range of communities.

  • Gemalto Wins 2016 Cybersecurity Excellence Award for Best Multi-Factor Authentication Solution ACN Newswire - 3 hours ago

    AMSTERDAM, May 25, 2016 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that it has been named a winner in the 2016 Cybersecurity Excellence Awards. ...

  • Toyota Reorganizes Production System in Malaysia with new Plant on the Horizon ACN Newswire - 5 hours ago

    Toyota City, Japan, May 25, 2016 - (JCN Newswire) - Toyota Motor Corporation has decided to reorganize its production system in Malaysia, given the gradual growth of the Malaysian market, with the creation of a new vehicle plant to serve as its production core in Malaysia. Bhd. (UMWT) will proceed with this reorganization through its subsidiary, Assembly Services Sdn.

  • Update on Toyota's Production in Japan between May 30 and June 4 ACN Newswire - 5 hours ago

    Toyota City, Japan, May 25, 2016 - (JCN Newswire) - From May 30 through June 4, Toyota will continue production on all vehicle assembly lines in Japan. For reference: Due to parts shortages resulting from the severe earthquakes that struck Japan's island of Kyushu last month, Toyota suspended production on its vehicle assembly lines in the country in stages between April 15 and 23. As of the end of December 2013, Toyota conducts its business worldwide with 52 overseas manufacturing companies in 27 countries and regions.

  • Toyota and Uber to Explore Ridesharing Collaboration ACN Newswire - 5 hours ago

    Toyota City, Japan, May 25, 2016 - (JCN Newswire) - Toyota Motor Corporation, an automotive company aiming for safer, more efficient and convenient mobility, and Uber, a technology platform that is evolving the way the world moves, are announcing a partnership. The companies have entered into a memorandum of understanding (MOU) to explore collaboration, starting with trials, in the world of ridesharing in countries where ridesharing is expanding, taking various factors into account such as regulations, business conditions, and customer needs. As part of the partnership, Toyota Financial Services Corporation and Mirai Creation Investment Limited Partnership are making a strategic investment in Uber.

  • Fujitsu Develops Field Engineering Technology to Rapidly Provide IoT Services ACN Newswire - 5 hours ago

    Figure 2: Radio wave simulation technologyKAWASAKI, Japan, May 25, 2016 - (JCN Newswire) - Fujitsu Laboratories Ltd. today announced the development of field engineering technology that shortens the time necessary to install on-site IoT devices that use wireless communication, such as Wi-Fi and Bluetooth, and provides stable operations. In locations where IoT devices have been installed, instability in wireless communication can occur as people and things moving about can greatly change the radio wave environment, and as the radio waves emitted by smartphone and other commonly used devices may create interference.

  • Proficio Expands Asia Pacific HQ and Security Operations Center to Accommodate Triple Digit Growth ACN Newswire - 5 hours ago

    SINGAPORE, May 25, 2016 - (ACN Newswire) - Proficio, an award-winning provider of cloud-based security services, today announced the opening of its new headquarters and Security Operations Center (SOC) ...

  • Ceremony of 'Quam IR Awards 2015' Successfully Held ACN Newswire - 8 hours ago

    In recognition of exceptional performance of 11 listed companies, the occasion attracts elites from all sectors as well as the local and Chinese media HONG KONG, May 25, 2016 - (ACN Newswire) - The award ...

  • Everbright Completes Acquisition of Dah Sing Financial Centre from SEA Group ACN Newswire - 21 hours ago

    left-right: Yang Bin, General Manager, Investment Management Department of China Everbright Hong Kong; Liu Jia, Deputy General Manager of China Everbright Hong Kong; Chen Shuang, Executive Director and ...

  • RAKBANK Chooses Gemalto to Support Migration to Contactless EMV Payments in the UAE ACN Newswire - Tue, May 24, 2016 5:35 PM AEST

    AMSTERDAM, May 24, 2016 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been chosen by RAKBANK, one of the oldest and most dynamic banks in the UAE, to ...

  • Grundfos: Politicians and businesses are called to humanitarian action in Istanbul ACN Newswire - Tue, May 24, 2016 1:25 PM AEST

    Denmark, May 23, 2016 - (ACN Newswire) - At the World Humanitarian Summit in Istanbul, Turkey, the UN has invited leading politicians, NGO's and businesses to share their input on how to remedy current and future crises. Top-level politicians, key influencers from non-governmental organisations (NGO's), and representatives from international business are present. The key topic is to find and initiate concrete actions and commitments that can better prepare the international community to respond to humanitarian crises as for instance the current refugee crisis.

  • Eisai to Present New Research on Oncology Products and Pipeline at 52nd Asco Annual Meeting ACN Newswire - Tue, May 24, 2016 11:35 AM AEST

    TOKYO, May 24, 2016 - (JCN Newswire) - Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, "Eisai") announced today that a series of abstracts highlighting new study results on Halaven (eribulin ...

  • Verisk Analytics Announces Expanded Roles for Members of Senior Executive Team ACN Newswire - Tue, May 24, 2016 5:13 AM AEST

    JERSEY CITY, N.J., May 23, 2016 - Verisk Analytics, Inc. (Nasdaq:VRSK - News), a leading data analytics provider, today announced new and expanded roles for members of its senior executive team, effective as of June 6, 2016. Mark Anquillare has been named to the newly created position of chief operating officer, with responsibility for the company's insurance business units and its technology and customer experience organizations. Eva Huston, currently Verisk's treasurer and chief knowledge officer, will succeed Mr. Anquillare as chief financial officer.

  • Group Lease PCL (SET:GL) and J Trust Join Forces, Expanding Digital Finance to Indonesia ACN Newswire - Mon, May 23, 2016 11:03 PM AEST

    BANGKOK, May 23, 2016 - (ACN Newswire) - SET-listed Group Lease PCL ("GL", SET:GL), the pioneer of Digital Finance in ASEAN, has formed a solid alliance with the Japanese financial group J Trust to expand the efficient and cost-effective digital financial services to the huge Indonesian markets and elsewhere in the region. The alliance was cemented after GL's Board of Directors last week decided to issue US$130 million worth of convertible debentures in a private placement for J Trust Asia (JTA), a subsidiary of J Trust in Japan. J Trust is a Japanese financial group listed on the Tokyo stock exchange.

  • SPRG Chairman Richard Tsang Begins Tenure as Global Chairman of PROI Worldwide ACN Newswire - Mon, May 23, 2016 9:33 PM AEST

    HONG KONG, May 23, 2016 - (ACN Newswire) - Strategic Public Relations Group ("SPRG" or the "Group") is pleased to announce that the Group's Chairman, Mr Richard Tsang has just been appointed Global Chairman of PROI Worldwide during its annual general meeting held in the US. PROI Worldwide is the world's largest and leading partnership of independent integrated communications agencies. The appointment of Richard is particularly significant as he is the first Asian to chair PROI Worldwide since its inception in 1970.

  • Ciber, Inc: Ciber Announces Changes to Board of Directors ACN Newswire - Mon, May 23, 2016 8:03 PM AEST

    GREENWOOD VILLAGE,Colo., May 23, 2016- Ciber, Inc. (NYSE:CBR - News), a leading global information technology consulting, services and outsourcing company, today announced that the board has elected one of its directors, Mark A. Floyd, to the position of chairman effective immediately. Bobby G. Stevenson, Ciber co-founder and former chairman, will remain a member of the company's board of directors.

  • NEC develops Device-to-Device Communication Technology for Transmitting Images when Outside of the Public … ACN Newswire - Mon, May 23, 2016 6:43 PM AEST

    TSE: 6701) today announced the development of a Device-to-Device communication technology that enables emergency response personnel, such as police and firefighters, to transmit high quality images from the scene of a disaster or accident when outside of the service area of the public safety Long Term Evolution (Public Safety LTE: PS-LTE) network. NEC's newly developed technology supports the reliable transmission of these images by enabling terminals outside of the PS-LTE network service area to detect terminals within the service area, and then access the network via the terminal that provides the fastest communication with base stations.

  • Gemalto Joins the Cloud Foundry Foundation ACN Newswire - Mon, May 23, 2016 3:09 PM AEST

    Gemalto to provide security integration expertise for Cloud Foundry multi-cloud platform AMSTERDAM, May 23, 2016 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, ...

  • NEC Successfully Trials Flood Simulation System in Thailand ACN Newswire - Mon, May 23, 2016 1:54 PM AEST

    TSE: 6701), in collaboration with Thailand's National Disaster Warning Center (NDWC), has conducted a trial of its flood simulation system to predict the inundation areas in the event of flood. The trial was conducted in Uttaradit Province in Northern Thailand during the period from November 2015 to March 2016, and has confirmed the effectiveness of the system. Flooding is a frequent occurrence in Thailand.

  • Hitachi Launches New 'Global Brand Campaign' ACN Newswire - Mon, May 23, 2016 1:29 PM AEST

    TOKYO, May 23, 2016 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) today announced that the Hitachi Group launches the new "Global Brand Campaign" that is aligned with the management vision based on the "2018 Mid-term Management Plan" created during the current fiscal year. Under the campaign copy "THE FUTURE IS OPEN TO SUGGESTIONS," the goal of this campaign is to build the brand through collaborative creation with customers and partners. For three years starting in 2013, concurrently with the 2015 Mid-term Management Plan, Hitachi has been rolling out the Global Brand Campaign, in which it communicates a unified message throughout the world.

  • Catching rice-invading snails in the act ACN Newswire - Fri, May 20, 2016 11:09 PM AEST

       Copyright: Jess Van Dyke, Snail Busters, LLC, Selangor, Malaysia, May 20, 2016 - (ACN Newswire) - Commonly available eco-friendly plants and materials can be used to trap rice-crop-invading ...

  • Real-Time Imaging of Embryo Development Could Pave the Way for More Effective Human Reproduction The … ACN Newswire - Fri, May 20, 2016 9:37 PM AEST

    SINGAPORE, May 20, 2016 - (ACN Newswire) - Researchers at A*STAR's Institute of Molecular and Cell Biology (IMCB) have developed advanced microscopy technologies to monitor embryo development in real time, revealing how mammalian cells differentiate during the earliest stages of embryonic life. Across the globe, more women are relying on assisted reproduction procedures. Singapore alone, for example, has carried out over 6000 assisted reproduction cycles in 2015, an increase of more than 1000 cycles from 2012[3].

  • Viper Challenge, Asia's First and Biggest Obstacle Challenge Event, Heads to Indonesia ACN Newswire - Fri, May 20, 2016 7:29 PM AEST

    KUALA LUMPUR, May 20, 2016 - (ACN Newswire) - Viper Challenge, Asia's premier obstacle challenge event series, has announced plans to expand to the Indonesian market space, with Taman Budaya at Sentul City, Bogor, set to play host for the next installment of Asia's largest obstacle challenge on 24th September, 2016. Viper Challenge, now in its third year, has racked up an impressive track record, staging mega events and catering to almost 150,000 participants from Malaysia, the ASEAN region and from as far as Europe. Viper Challenge's core values of camaraderie, teamwork and determination set the tone for bringing people together to challenge themselves and to explore its offerings.

  • Ann Camarillo to Join Loyyal's Board of Directors ACN Newswire - Fri, May 20, 2016 6:31 PM AEST

    NEW YORK, NY, May 20, 2016 - (ACN Newswire) - Loyyal Corporation today announced that Ann Camarillo, President and CEO of Boloro Global Ltd. and former CEO of Maestro and Cirrus (MasterCard), has been elected to Loyyal's Board of Directors. Over the course of a 20-year career at MasterCard Worldwide, Ann held various leadership positions in the United States and globally, responsible for the financial contribution of all products and services and for creating and implementing next generation revenue streams.

  • Worldwide Sales of Toyota Hybrids Surpass 9 Million Units ACN Newswire - Fri, May 20, 2016 3:41 PM AEST

    Toyota City, Japan, May 20, 2016 - (JCN Newswire) - Toyota Motor Corporation is proud to announce that the cumulative figures for global sales of its hybrid vehicles reached 9.014 million units as of April 30, surpassing the 9 million unit mark(1). Helping to mitigate the environmental effects of automobiles is a priority for Toyota. Based on the stance that eco-friendly vehicles can only truly have a significant positive impact if they are widely used, Toyota has endeavored to encourage the mass-market adoption of hybrid vehicles across the globe.

  • Hitachi Automotive Systems' Electric Parking Brake is Used on the New Mazda CX-9 SUV ACN Newswire - Fri, May 20, 2016 3:40 PM AEST

    TOKYO, May 20, 2016 - (JCN Newswire) - Hitachi Automotive Systems, Ltd. today announced that its electric parking brake is being used on Mazda Motor Corporation's new three-row midsize crossover SUV, the Mazda CX-9, to be sold in North America and other locations. In recent years, in the case of cable-operated mechanical parking brakes that are applied manually by using a lever or pressing down on a pedal, there has been an increase in vehicle contact accidents due to drivers forgetting to apply the brake or not applying it adequately on inclines and the like. This has led to an increasing focus on electrically operated parking brakes that can prevent such human errors by applying the brake automatically, and to a growing number of vehicles being equipped with such brakes.

  • Hokkaido University Hospital Begins Treatments of Extraordinary Precision as the World's First Facility … ACN Newswire - Fri, May 20, 2016 3:40 PM AEST

    TOKYO, May 20, 2016 - (JCN Newswire) - Hokkaido University and Hitachi, Ltd.(TSE:6501, "Hitachi") have jointly developed an advanced technique to treat moving targets with proton beam therapy. This project was awarded a grant in 2010 under the Funding Program for World-Leading Innovative R&D on Science and Technology (the "FIRST Program"), a national project sponsored by the Japanese government. This new technique is now being clinically used with two additional capabilities - Cone Beam CT ("CBCT") and Intensity Modulated Proton Therapy ("IMPT").

  • JCB International and NETS Sign Merchant Acquiring Partnership in Singapore ACN Newswire - Fri, May 20, 2016 2:00 PM AEST

    Tokyo and Singapore, May 20, 2016 - (ACN Newswire) - JCB International Co., Ltd, (JCBI) the international operations subsidiary of JCB Co., Ltd., and Network For Electronic Transfers (Singapore) Pte Ltd (NETS) today announced a new partnership to accept JCB cards in Singapore. Receiving an average of 15 million visitors annually and with Singapore Changi Airport operating as a regional aviation hub for over 100 airlines that fly to over 300 cities, Singapore is undoubtedly a key destination for global travellers. As JCBI builds its momentum in developing its issuing business in Asia, more emphasis will be placed on increasing its presence in Singapore through this strategic partnership with NETS.

  • Venti-Japan, C-TECH, and Mitsubishi Corp Join Forces to Launch 66MW Windfarm in Northern Japan ACN Newswire - Fri, May 20, 2016 1:22 PM AEST

       TOKYO, May 20, 2016 - (JCN Newswire) - Venti-Japan Inc. (President: Hiroyuki Sato, "Venti"), Mitsubishi Corporation (President: Takehiko Kakiuchi, "MC") and C-TECH CORPORATION (President: ...

  • Eastman to Sell Interest in Primester Cellulose Acetate Joint Venture to Solvay ACN Newswire - Fri, May 20, 2016 9:54 AM AEST

    Kingsport, Tenn., USA, May 20, 2016 - (ACN Newswire) - Eastman Chemical Company (NYSE:EMN) today announced it has entered into a definitive agreement with Solvay to sell its interest in the Kingsport, Tennessee, cellulose acetate flake joint venture named Primester. Eastman and Solvay are currently equal partners in the joint venture. The transaction allows Eastman to eliminate costs associated with the excess cellulose acetate flake capacity of the joint venture.

  • Eastman Announces Offering of EUR 550 Million 1.50% Notes due 2023 ACN Newswire - Fri, May 20, 2016 9:47 AM AEST

    Kingsport, Tenn., USA, May 20, 2016 - (ACN Newswire) - Eastman Chemical Company (NYSE:EMN) today announced the public offering of EUR 550 million (or $621 million based on the euro/U.S. dollar exchange rate as of May 13, 2016 as published by the U.S. Federal Reserve Board) principal amount of 1.50% notes due 2023 (the "Notes"). Barclays Bank PLC, J.P. Morgan Securities plc and Merrill Lynch International are serving as joint book-running managers for the offering.

  • Endurance's Board of Directors Declares Quarterly Dividends on Ordinary and Preferred Shares ACN Newswire - Fri, May 20, 2016 5:23 AM AEST

    PEMBROKE, Bermuda - May 19, 2016 - Endurance Specialty Holdings Ltd. (NYSE:ENH), a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that its Board of Directors ...

  • Eastman Announces Offering of €550 Million 1.50% Notes due 2023 ACN Newswire - Fri, May 20, 2016 2:43 AM AEST

    Eastman Chemical Company (NYSE:EMN - News) today announced the public offering of 550 million (or $621 million based on the euro/U.S. dollar exchange rate as of May 13, 2016 as published by the U.S. Federal Reserve Board) principal amount of 1.50% notes due 2023 (the "Notes"). Barclays Bank PLC, J.P. Morgan Securities plc and Merrill Lynch International are serving as joint book-running managers for the offering.

  • Grundfos Appoints New Group Executive Vice President for Business Development ACN Newswire - Thu, May 19, 2016 10:37 PM AEST

    Denmark, May 19, 2016 - (ACN Newswire) - Grundfos has appointed 49-year-old Swiss Ernst Lutz as new Group EVP for Business Development. Ernst Lutz is a mechanical engineer and has a Ph.D. from Virginia Tech and an Executive MBA. "Ernst Lutz knows our industry from within, and has a deep experience with innovating new, customer-focused technologies.