Friday, June 30, 2017

AGF MANAGEMENT LIMITED REPORTS STRONG SECOND QUARTER 2017 FINANCIAL RESULTS

TORONTO, June 29 (Bernama-GLOBE NEWSWIRE) -- AGF Management Limited (AGF or the Company) today announced financial results for the second quarter ended May 31, 2017.

Total assets under management (AUM) increased 8.0% to $36.4 billion compared to the same period in 2016, and up 3.7% compared to $35.1 billion as at February 28, 2017. AUM increased across all lines of business, including retail, private client, institutional and subadvisory, and the Company’s alternative asset management platform.
http://mrem.bernama.com/viewsm.php?idm=29486

​ADVANCED ENERGY CELEBRATES GRAND OPENING OF TOKYO, JAPAN, SERVICE CENTER

Dedicated Service and Repair Facility Improves and Simplifies the Service Experience, Providing Regional Access to Industry-Leading Service Solutions that Lower Cost of Ownership

TACHIKAWA, Japan, June 29 (Bernama-GLOBE NEWSWIRE) -- Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, today announced the grand opening of a service center in Tachikawa, Japan. The new facility, dedicated to service and repair operations, expands the company's global footprint to support semiconductor manufacturing customers in Japan. The service center allows for Advanced Energy® (AE®) to engage more directly with customers and respond to growing customer demand for long-term, high-quality service in the region.

"Our customer relationships are built on trust, and we always take a highly responsive customer approach," said Yuval Wasserman, Advanced Energy president and CEO. "The opening of the Tachikawa service center has resulted from listening, then improving and simplifying the service experience with a service and repair center devoted to our semiconductor customers in Japan."
http://mrem.bernama.com/viewsm.php?idm=29480

NASDAQ'S DIRECTORS DESK® AND BOARDVANTAGE® TO INTRODUCE BOARD ASSESSMENTS AND COMPLIANCE QUESTIONNAIRES

A Unique Collaboration between Nasdaq Corporate Solutions and the Center for Board Excellence

NEW YORK and GREENSBORO, N.C., June 29 (Bernama-GLOBE NEWSWIRE) -- Nasdaq Corporate Solutions, a business of Nasdaq, Inc. (Nasdaq:NDAQ), announced today a new partnership with The Center for Board Excellence (CBE), a provider of board assessments and compliance questionnaires. In the first phase of the partnership, Nasdaq Corporate Solutions will facilitate introductions for users of Directors Desk and Boardvantage - Nasdaq's board portal and meeting management solutions - to CBE's cloud-based corporate governance solutions including: board and committee assessments; director peer assessments; CEO and management evaluations; and directors' & officers' questionnaires. Later this year, the parties plan to offer an integrated workflow between Nasdaq's board portal solutions and CBE's EnGauge™ platform, making it even easier for users to elect to benefit from these CBE offerings.
http://mrem.bernama.com/viewsm.php?idm=29478

SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES OPERATIONS UPDATE

DENVER, June 29 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) ("Sundance" or the "Company"), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported initial production rates on its four operated Eagle Ford wells that have begun production in the second quarter.
http://mrem.bernama.com/viewsm.php?idm=29477

Thursday, June 29, 2017

POLYPLASTICS' SUPER-HIGH FLOW PBT "DURANEX (R) SF SERIES" ACCELERATES DOWNSIZING MOLDING DESIGN

TOKYO, June 27 (Bernama-AsiaNet) -- Polyplastics Co., Ltd.'s DURANEX (R) SF Series of polybutylene terephthalate (PBT) meets increasing needs of customers regarding the downsizing of components in fields such as automotive, consumer electronics and industrial electrical devices. With double the flowability of standard PBT, the DURANEX SF Series can fill super-thin wall sections of molded parts, critical in designing light-weight application products. The high flowability of the DURANEX SF Series contributes to downsizing product design, optimizing processing and reducing energy costs in injection molding.

(Image:
http://prw.kyodonews.jp/prwfile/release/M100475/201706223007/_prw_PI1fl_Oi82345s.jpg)

Given its excellent balance of mechanical and electrical properties, in addition to high moldability and durability, PBT is used in a variety of applications with various additives. However, the smaller and thinner the application designs become, the more flowability of resin will be required. Super-high flow resin, such as LCP, which costs more and requires higher temperature in molding than PBT, has conventionally been used. The DURANEX SF Series meets these requirements while providing the versatility of PBT, including better electrical properties and design flexibility.

Polyplastics offers selections of the DURANEX SF Series with low warpage and high filler characteristics:
- SF3300: Standard GF-reinforced type
- SF733LD: Low warpage type
- SF755: High filler type

For more information, visit
https://www.polyplastics.com/en/product/lines/pbt_sf/index.vm

DURANEX (R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries and is used by WinTech Polymer Ltd. under license.

About Polyplastics
Polyplastics is a global leader in the development and production of engineering plastics solutions. The company has the largest global market share of POM (polyacetal copolymer). With more than 50 years of experience, its technical experts enhance manufacturing and product performance with a proficiency that has become second nature. Backed by a strong global network of R&D, production and sales resources, the team is able to create advanced solutions for an ever-evolving market.

SOURCE: Polyplastics Co., Ltd.

--BERNAMA

MALAYSIA'S ANGKASA SELECTS UNISYS SOFTWARE TO ENHANCE CLIENT EXPERIENCE AND OPEN NEW CHANNELS FOR SERVICE DELIVERY

KUALA LUMPUR , Malaysia, June 28 (Bernama-AsiaNet) --

Unisys solution strengthens ANGKASA's position as leading provider of financial services for Malaysia's cooperatives movement

Unisys Corporation ( http://www.unisys.com/) (NYSE: UIS) today announced that
Angkatan Koperasi Kebangsaan Malaysia (ANGKASA)
( http://www.angkasa.coop/english/) has selected the company to provide Unisys
ClearPath Forward(TM)
( http://www.unisys.com/offerings/technology-products-and-services/clearpath-forward-systems/brochure/the-unisys-
clearpath-forward-eportal-for-mcp-and-os-2200-environments-id-544)
software technology that enables ANGKASA to deliver and expand payment services for its constituents and their customers.
http://mrem.bernama.com/viewsm.php?idm=29457

PARTNERS JUSTIN WATTS AND MATTHEW SHADE BOLSTER WILMERHALE'S IP LITIGATION PRACTICE IN LONDON

LONDON, June 28 (Bernama-GLOBE NEWSWIRE) -- WilmerHale today announced that Justin Watts, PhD, and Matthew Shade, PhD, have joined the firm as partners in its London office, strengthening WilmerHale’s position as a firm of choice for complex patent litigation in the United Kingdom and for clients seeking an effective global strategy for their intellectual property disputes.

http://mrem.bernama.com/viewsm.php?idm=29474

ANT FINANCIAL IS NAMED TO MIT TECHNOLOGY REVIEW'S ANNUAL 50 SMARTEST COMPANIES LIST

HANGZHOU, China, June 28 (Bernama-GLOBE NEWSWIRE) -- Ant Financial Services Group (Ant Financial) has been named to MIT Technology Review’s 2017 list of 50 Smartest Companies. To make the list, a company must exhibit technological leadership and business acumen which set them apart from competitors. Ant Financial was listed for applying AI technologies to digital financial services and exploring blockchain technologies to build a more transparent charity platform.

http://mrem.bernama.com/viewsm.php?idm=29471

SPEEDCAST FURTHER STRENGTHENS LEADERSHIP TEAM WITH APPOINTMENT OF NEW VICE PRESIDENT OF GLOBAL MARKETING

Seasoned Satellite Professional Toni Lee Rudnicki to Spearhead Marketing Efforts

SYDNEY, June 28 (Bernama-BUSINESS WIRE) -- Speedcast International Limited (ASX: SDA), the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced that satellite industry veteran Toni Lee Rudnicki has joined the company in the newly created role of vice president of global marketing. A highly accomplished senior level marketing executive, Rudnicki has successfully defined and implemented marketing and branding strategies for both private and public companies. The appointment of Rudnicki is the latest step in Speedcast’s effort to strengthen its leadership team as it capitalizes on the growing demand for high quality, always available global communications.

http://mrem.bernama.com/viewsm.php?idm=29468

ALIBABA INCREASES STAKE IN E-COMMERCE PLATFORM LAZADA

Alibaba doubling down in Southeast Asia
 
HANGZHOU, China & SINGAPORE, June 28 (Bernama-BUSINESS WIRE) --Alibaba Group Holding Limited (NYSE: BABA) announced today that it will invest approximately USD1 billion to increase its stake in Lazada Group, the leading e-commerce platform in Southeast Asia, from 51% to approximately 83%. This transaction demonstrates the continued success of Lazada’s business, Alibaba’s confidence in the growth potential of the Southeast Asian markets and its commitment to the region as part of its global strategy.

Alibaba will purchase the shares of certain Lazada shareholders at an implied valuation of USD3.15 billion for the company, reflecting a significant increase in the value of Lazada since Alibaba first acquired its majority stake in April 2016. The transaction will increase Alibaba’s total investment in Lazada to over USD2 billion. Lazada will continue to operate under the same brand following this investment.

Alibaba’s investment in and collaboration with Lazada have been an important part of expanding Alibaba’s global footprint, providing it with unrivalled access to consumers in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. With only 3% of the region’s total retail sales conducted online, Southeast Asia is expected to offer tremendous growth potential.

With Alibaba’s scale, e-commerce know-how and technology expertise supporting the execution of Lazada’s management team, the two businesses have successfully developed a vibrant e-commerce gateway, giving brands and sellers access to the 560 million consumers in the region. The cooperation has also enabled Lazada to invest further in the marketplace, technology, payments and logistics, greatly enhancing its services and providing an unparalleled consumer experience for online shoppers, as well as critical support for the region’s merchants, many of whom are small businesses.

“As a market leader, Lazada has demonstrated its ability to execute and further lead the region in products and services with the best consumer experience in Southeast Asia while growing a strong ecosystem that supports small businesses going online,” said Daniel Zhang, CEO of Alibaba Group. “The e-commerce markets in the region are still relatively untapped, and we see a very positive upward trajectory ahead of us. We will continue to put our resources to work in Southeast Asia through Lazada to capture these growth opportunities,” he added.

Maximilian Bittner, CEO of Lazada Group, said, “I couldn’t be more excited to deepen our relationship with Alibaba. With their support, we will continue to empower brands and sellers to offer a wide selection of unique assortment to consumers across Southeast Asia while delivering an exceptional customer experience backed by our best-in-class logistics network.”

During the past 12 months, both Lazada and Alibaba worked on a number of initiatives to advance e-commerce in Southeast Asia, endeavoring to lower barriers and facilitate borderless commerce. These initiatives include the establishment of an e-fulfillment center in Malaysia which forms part of Alibaba’s Electronic World Trading Platform (eWTP) strategy, advancing “Thailand 4.0”, and launching Taobao Collection in Singapore and Malaysia allowing local customers to shop for high quality products from China.

Morgan Stanley Asia Limited acted as exclusive financial adviser for the transaction.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a company that lasts at least 102 years.

About Lazada Group

Lazada is the number one online shopping & selling destination in Southeast Asia – present in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Lazada helps more than 100,000 local and international sellers as well as 2,500 brands serve the 560 million consumers in the region through its marketplace platform, supported by a wide range of tailored marketing, data, and service solutions. Lazada offers an excellent customer experience through a wide network of logistics partners and its own first and last mile delivery arm.

Safe Harbor Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expect,” “future,” “continue,” “strategy” and similar statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in Alibaba’s filings with the SEC. All information provided in this press release is as of the date of this press release and is based on assumptions that Alibaba believes to be reasonable as of this date, and Alibaba does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
 
Contacts
Alibaba Group
Rico Ngai, +852 9725 9600
rico.ngai@alibaba-inc.com
or
Lazada Group
William Gaultier, +65 8459 5766
william.gaultier@lazada.com
 
Source: Alibaba Group Holding Limited
 
View this news release online at:
http://www.businesswire.com/news/home/20170628005543/en

--BERNAMA

TOSHIBA MEMORY CORPORATION DEVELOPS WORLD'S FIRST QLC 3D FLASH MEMORY

Achieves World’s Largest Capacity of 1.5TB in a Single Package with BiCS FLASH™ chip
 
TOKYO, June 28 (Bernama-BUSINESS WIRE) -- Toshiba Memory Corporation, the world leader in memory solutions, today announced development of the world’s first[1] BiCS FLASH™ three-dimensional (3D) flash memory[2] with a stacked cell structure. The newest BiCS FLASH™ device is the first to deliver 4-bit-per-cell (quadruple-level cell, QLC) technology, advancing capacity beyond that of triple-level cell (TLC) devices and pushing the boundaries of flash memory technology.

Multi-bit cell flash memories store data by managing the number of electrons in each individual memory cell. Achieving QLC technology posed a series of technical challenges, as increasing the number of bit-per-cell by one within same electron count requires twice the accuracy of TLC technology. Toshiba Memory has drawn on its advanced circuit design capabilities and industry-leading 64-layer 3D flash memory process technology to create the QLC 3D flash memory.

The prototype features the world’s largest die capacity[3] (768 gigabits/96 gigabytes) with 64-layer 3D flash memory process. Shipment of prototypes to SSD and SSD controller vendors for evaluation and development purposes started in early June.

The QLC 3D flash memory also enables a 1.5-terabyte (TB) device with a 16-die stacked architecture in a single package - the industry’s largest capacity[4]. Samples of this groundbreaking device will be showcased at the 2017 Flash Memory Summit in Santa Clara, California, United States, from August 7-10.

Toshiba Memory already mass produces 64-layer 256-gigabit (32-gigabytes) devices, and as it expands mass production it will continue to demonstrate industry leadership by advancing technology development. Focused on meeting growing demand for high density, smaller chip size flash memory solutions, the new QLC device targets such applications as enterprise SSD, consumer SSD and memory cards.

Note:
1. Source: Toshiba Memory Corporation, as of June 28, 2017.
2. A structure stacking Flash memory cells vertically on a silicon substrate to realize significant density improvements over planar NAND Flash memory, where cells are formed on the silicon substrate.
3. Source: Toshiba Memory Corporation, as of June 28, 2017.
4. Source: Toshiba Memory Corporation, as of June 28, 2017.

• Company names, product names, and service names mentioned herein may be trademarks of their respective companies.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51581332&lang=en

Contacts
Toshiba Memory Corporation
Kota Yamaji, +81-3-3457-3473
Business Planning Division
semicon-NR-mailbox@ml.toshiba.co.jp
 
Source: Toshiba Memory Corporation
 
View this news release and multimedia online at:
http://www.businesswire.com/news/home/20170627006601/en

--BERNAMA

ROBOTS TO ENHANCE, NOT REPLACE HUMANS IN MOST JOBS: ARM SURVEY

CAMBRIDGE, England, June 28 (Bernama-BUSINESS WIRE) -- Consumers who believe AI will lead to rampaging, job-taking robot chaos are in the minority according to an ARM-commissioned independent global survey of nearly 4000 consumers. When considering a future where Artificial Intelligence (AI) is increasingly part of their lives, 30 percent of consumers identified "fewer or different jobs for humans" as the biggest drawback. However, respondents remained positive that robots would enhance rather than replace humans in most jobs, and assist by increasingly performing more tedious and dangerous jobs.
http://mrem.bernama.com/viewsm.php?idm=29452

SAVE THE CHILDREN RENEWS CONTRACT WITH SPEEDCAST FOR CONNECTIVITY ACROSS 40+ SITES IN AFRICA

SYDNEY, June 28 (Bernama-BUSINESS WIRE) -- Speedcast International Limited (ASX: SDA), the world's most trusted provider of highly reliable, fully managed, remote communication and IT solutions, today announced that Save the Children International (SCI), a leading international non-government organization (NGO) with its central office in London has awarded Speedcast a contract to provide connectivity to a network of 40 sites in Africa.

Recognized for their humanitarian work around the world, Save the Children's mission has always been to save lives by preparing for and responding to humanitarian emergencies caused by natural disasters, disease outbreaks and armed conflicts. The organization ensures that children affected by calamities receive life-saving medical aid, shelter and education.
http://mrem.bernama.com/viewsm.php?idm=29450

EUROLOAN SETS NEW CROWDFUNDING RECORD FOR FINTECH COMPANIES IN FINLAND

The share issue of Euroloan Group PLC on Privanet Group PLC's crowdfunding platform Around was oversubscribed a week early, setting a new FinTech crowdfunding record with a total of EUR 5.6 million. The focus is now on growing the business, says Euroloan Group CEO Hickson.

HELSINKI, Finland, June 28 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC issued new shares on Privanet Group PLC’s crowdfunding platform Around. The statutory maximum limit of EUR 4.995 million for the issue was reached on Thursday, June 8, eight days early. The subscription was at termination at 5,599,031 EUR, i.e. 377% of the minimum target of EUR 1.5 million and 112% of the statutory maximum.

http://mrem.bernama.com/viewsm.php?idm=29465

SAISON INFORMATION SYSTEMS : SCSK ASIA PACIFIC BECOMES CERTIFIED HULFT PARTNER

Strengthening the sales, implementation, and technical support for HULFT's IT integration offerings in the ASEAN region

TOKYO, June 28 (Bernama-BUSINESS WIRE) -- SCSK Asia Pacific becomes Certified HULFT Partner, strengthening the sales, implementation, and technical support for HULFT's IT integration offerings in the ASEAN region.

http://mrem.bernama.com/viewsm.php?idm=29464

AI TO DRIVE GDP GAINS OF $15.7 TRILLION WITH PRODUCTIVITY, PERSONALISATION IMPROVEMENTS

HONG KONG, June 28 (Bernama-GLOBE NEWSWIRE) -- Global GDP will be 14% higher in 2030 as a result of AI – the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today’s fast changing economy according to new research by PwC.

Drawing on a detailed analysis of the business impact of AI, Sizing the prize outlines the economies that are set to gain the most from AI.

http://mrem.bernama.com/viewsm.php?idm=29463

SCIENTIFIC BREAKTHROUGH ON OBJECTIVE DIAGNOSIS OF PTSD

- Scientific breakthrough for non-invasive, automatic, objective diagnosis of PTSD leveraging autonomic biomarkers
- Accuracy of 80% (+/- 1%) for objectively diagnosing subjects with PTSD
- Medibio has exclusive worldwide rights to commercialise the technology

SYDNEY, Australia and MINNEAPOLIS, June 28 (Bernama-GLOBE NEWSWIRE) -- Australian Stock Exchange-listed medical technology company Medibio Limited (MEB or the Company) announces a new research study, conducted at Emory University, Atlanta GA and funded by Medibio, demonstrates that post-traumatic stress disorder (PTSD) can be accurately diagnosed using a non-invasive protocol involving heart rate data and machine learning algorithms. The research was based on technology developed at Emory University and licensed by Medibio.

http://mrem.bernama.com/viewsm.php?idm=29462

A.M. BEST DOWNGRADES ISSUER CREDIT RATING OF NATIONAL INSURANCE COMPANY LIMITED; PLACES UNDER REVIEW WITH NEGATIVE IMPLICATIONS

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Long-Term Issuer Credit Rating to “bbb” from “bbb+” and affirmed the Financial Strength Rating of B++ (Good) of National Insurance Company Limited(National) (India). A.M. Best has placed these Credit Ratings (ratings) under review with negative implications.

http://mrem.bernama.com/viewsm.php?idm=29456

INFORMA'S ANNUAL CLINICAL AND RESEARCH EXCELLENCE AWARDS RETURN FOR THIRD YEAR

BOSTON, June 28 (Bernama-GLOBE NEWSWIRE) -- Informa’s Pharma Intelligence has today announced that the third annual Clinical and Research Excellence (CARE) Awards are now open for nominations.

Pharma Intelligence – the world’s leading provider of clinical and research intelligence and analysis, and home of leading brands such as Scrip, Pink Sheet and Biomedtracker – will host the awards which recognize and celebrate outstanding achievements and stand-out performers in the global R&D space.

http://mrem.bernama.com/viewsm.php?idm=29460

NASDAQ CLOSING CROSS CALCULATES RUSSELL US INDEXES RECONSTITUTION FOR THE 14TH CONSECUTIVE YEAR

A new record $28.9 billion traded at the closing cross in a Russell reconstitution

NEW YORK, June 28 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Symbol: NDAQ) today announced the Nasdaq Closing Cross was used for the 14th consecutive year to rebalance Nasdaq-listed securities in the entire family of  Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution. More than 972 million shares representing a record $28.9 billion were executed in the Nasdaq Closing Cross in 0.861 seconds across some 2,499 Nasdaq-listed stocks. The previous record for dollars traded at the closing cross in a Russell reconstitution was $21.1 billion in 2015.

http://mrem.bernama.com/viewsm.php?idm=29458

A.M. BEST ASSIGNS CREDIT RATINGS TO PT ASURANSI TOKIO MARINE INDONESIA

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to PT Asuransi Tokio Marine Indonesia (TMI) (Indonesia). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings reflect TMI’s strong risk-adjusted capitalization and good underwriting performance. The ratings also recognize the implicit and explicit support provided by the company’s ultimate parent, Tokio Marine Holdings, Inc., of which the main operating entity is Tokio Marine & Nichido Fire Insurance Co., Ltd.
http://mrem.bernama.com/viewsm.php?idm=29454

A.M. BEST AFFIRMS CREDIT RATINGS OF THAIRE LIFE ASSURANCE PUBLIC COMPANY LIMITED

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Thaire Life Assurance Public Company Limited (Thaire Life) (Thailand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Thaire Life’s strong risk-adjusted capitalization and favorable operating performance.

http://mrem.bernama.com/viewsm.php?idm=29451

LEADING PATIENT NGO RELEASES CLINICAL ALERT FOR UNSAFE T2* TECHNIQUE OF ASSESSING IRON OVERLOAD

BEIJING, June 26/Medianet International-AsiaNet/--

The Thalassaemia International Federation (TIF), a leading patient organisation in the field of iron overload, has issued a Media Release and Clinical Alert to warn of the dangers of an unsafe magnetic resonance imaging T2* technique that is used widely for the assessment of iron overload. TIF emphasise the critical need to use validated techniques, specifically referencing Resonance Health whose regulatory cleared FerriScan(R) R2-MRI is the globally recognised gold standard for the assessment of iron overload.

The Media Release and Clinical Alert warns "The Thalassaemia International Federation (TIF) is now urging all hospitals and centres using non-regulated or non-calibrated MRI methods to measure LIC, to review their techniques and re-call patients, at least those whose clinical status mandates the need for accurate measurement of liver iron content, to proceed to the measurement by a validated method."

http://mrem.bernama.com/viewsm.php?idm=29448

A.M. BEST AFFIRMS CREDIT RATINGS OF TUNE PROTECT RE LTD.

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Tune Protect Re Ltd. (TPR) (Malaysia). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect TPR’s adequate risk-adjusted capitalization, as well as its strong and consistent operating performance since inception. TPR is an affiliate of AirAsia Berhad and its associates (the AirAsia Group). This relationship provides TPR with exclusive access to profitable travel insurance business through partnership agreements with cedents and distribution partners. TPR’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), strengthened in 2016 from capital growth that exceeded premium growth.

http://mrem.bernama.com/viewsm.php?idm=29447

Monday, June 26, 2017

IAGC: PLANKTON STUDY SPECULATIVE AND NEEDS BETTER DATA

Houston, TX, US, June 23 (Bernama-GLOBE NEWSWIRE) -- The International Association of Geophysical Contractors (IAGC) released the following statement regarding the publishing of research on the interaction of seismic surveys and zooplankton in Nature: Ecology and Evolution. The IAGC President, Nikki Martin issued the following statement:

"While we found the study interesting, we are also troubled by the small sample sizes, the large day-to-day variability in both the baseline and experimental data, and the large number of speculative conclusions that appear inconsistent with the data collected over a two-day period. Both statistically and methodologically, this project falls short of what would be needed to provide a convincing case for adverse effects from geophysical survey operations.
http://mrem.bernama.com/viewsm.php?idm=29440

KDDI CHOOSES SIGMA DESIGN'S Z-WAVE TECHNOLOGY FOR JAPAN'S FIRST SMART HOME SERVICE

au HOME launching with Z-Wave in July 2017

FREMONT, Calif., June 23 (Bernama-GLOBE NEWSWIRE) -- Sigma Designs® (NASDAQ:SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for connected smart TV platforms and smart home IoT, is pleased to announced that Japan's largest telco corporation, KDDI, uses Z-Wave as the wireless mesh technology powering their smart home solution, au HOME, designed specifically for network operators.

KDDI is growing its lifestyle brand for consumers with the expansion of the popular au mobile service beyond communications into home services aimed to capture a piece of the growing smart home market and extend it in Japan. The fully integrated, plug-and-play smart home service, au HOME, will leverage Z-Wave for a broad array of sensors, outlets, locks, and other connected devices essential for the delivery of optimal home security, automation, and smart metering services. Au HOME with Z-Wave will allow au smartphone users with the service to easily monitor their home on-the-go and control home temperatures, lock doors and windows, control lighting, and measure power consumption.
http://mrem.bernama.com/viewsm.php?idm=29438

SOLARWINDS SIMPLIFIES ENTERPRISE NETWORK MANAGEMENT WITH NEW PRODUCTS

SolarWinds incorporates industry-leading capabilities into new unified network management solutions providing everything needed to manage large-scale networks in a single install

SYDNEY, Australia, June 23 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced two new unified network management solutions: SolarWinds Network Operations Manager and SolarWinds Network Automation Manager.

Ensuring mission-critical enterprise networks remain optimised and running at scale in today's increasingly complex hybrid IT environments can be a daunting task. Selecting, deploying, and integrating software to help monitor such networks often adds to the challenge. The new SolarWinds offerings build on the comprehensive, single-pane-of-glass visibility of the SolarWinds® Orion® Platform to simplify large-scale network management. These unified products provide everything needed to monitor and manage networks in a seamlessly integrated solution available as a single purchase.
http://mrem.bernama.com/viewsm.php?idm=29436

A.M. BEST COMMENTS ON CREDIT RATINGS OF GENERAL INSURANCE CORPORATION OF INDIA

SINGAPORE, June 23 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of General Insurance Corporation of India (GIC Re) (India) remain unchanged. This comment on the company's Credit Ratings (ratings) follows GIC Re's recently published audited financial results for the year ending March 2017, which saw an 82% increase in gross premiums. This was considerably higher than the company's projections.

Most of the premium growth stemmed from the implementation of a new crop insurance scheme, Pradhan Mantri Fasal Bima Yojana, which is heavily subsidized by the government. As an Indian reinsurer, GIC Re enjoys priority offers in reinsurance placement in India. The company also has decided to retain most of the risks pertaining to the crop insurance scheme.
http://mrem.bernama.com/viewsm.php?idm=29435

CIGARETTES TO RECORD US$7.7 BILLION LOSS BY 2021 AS HEATED TOBACCO GROWS 691 PERCENT

LONDON, June 23 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International released today new tobacco data. According to the new research, the cigarettes market will record a US$7.7 billion loss by 2021, compensated by the US$13.2 billion growth in heated tobacco products sales in the same period.

Euromonitor International's new data show that in 2016, for the first time in decades, the value of the global cigarettes category as a proportion of total tobacco sales fell below 90 percent and by 2021 it will reach 86 percent. While cigarettes sales decline, the new research highlights growth in the use of vapour products but also further changes within this segment.
http://mrem.bernama.com/viewsm.php?idm=29433

Saturday, June 24, 2017

TRITON DIGITAL LAUNCHES AUDIO CENTRIC SUPPLY-SIDE PLATFORM TO SIMPLIFY THE MANAGEMENT OF PROGRAMMATIC AUDIO ADVERTISING INVENTORY

Yield-Op, Triton’s New SSP, Delivers Increased Control and Higher Yield for Global Audio Publishers such as CBS RADIO, PRISA Radio and Talpa Radio

LOS ANGELES, June 23 (Bernama-BUSINESS WIRE) -- Triton Digital®, a leading technology provider for the global digital audio industry, today announced the launch of Yield-Op, the first Supply Side Platform (SSP) built from the ground up specifically for online audio. Developed in accordance with the IAB’s OpenRTB protocol, Yield-Op provides a seamless plug-and-play integration delivering greater inventory control for publishers and a frictionless buying experience for advertisers.

http://mrem.bernama.com/viewsm.php?idm=29442

CONFEDERATE FIGHTER CREATES MAYHEM AS COOL MOTORCYCLE PUNK, MOHAWK, IN TRANSFORMERS: THE LAST KNIGHT

BIRMINGHAM, Ala., June 23 (Bernama-BUSINESS WIRE) -- Confederate Motorcycles, creator of the world’s most exotic road-going machines, has announced that its most advanced motorcycle yet, the P51 Combat Fighter, has been included in the production of Transformers: The Last Knight.

The global luxury brand is excited to confirm that the Decepticon, Mohawk, will appear as a Fighter in its disguised vehicle form.

http://mrem.bernama.com/viewsm.php?idm=29434

KEIO PLAZA HOTEL TOKYO HOSTS "PRINCESS MERMAID SWEETS BUFFET" COMMEMORATING THE FAIRY TALE WRITTEN BY HANS CHRISTIAN ANDERSEN

TOKYO, June 23 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo, one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, will host the “Princess Mermaid Sweets Buffet” to commemorate the fairy tale “The Little Mermaid” written by the Danish author Hans Christian Andersen. This buffet will offer specially prepared desserts patterned after various sea creatures reminiscent of characters from The Little Mermaid fairy tale, and be held at the All Day Dining restaurant “Jurin” on the second floor of our Hotel from July 1 to September 30, 2017.

http://mrem.bernama.com/viewsm.php?idm=29432

Friday, June 23, 2017

TOSHIBA'S NEW THREE-PHASE BRUSHLESS MOTOR DRIVERS REALIZE HIGH SPEED ROTATION FOR SMALL MOTORS

TOKYO, June 22 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of the three-phase brushless motor drivers "TC78B015FTG" for 12V power supply and "TC78B015AFTG" for 24V power supply. The new ICs support high speed rotation of small fan motors suited to home appliances and industrial equipment. Mass production starts today.

Ideally, cooling fans, such as server fans, combine minimized size with a high rotation speed that ensures a high cooling capability. Toshiba's new products adopt small packages that can be mounted on the limited board space of small motors. They also reduce the external component count with a one-sensor drive and current detection resistor-free system. One-sensor driving secures more reliable motor operation than a sensorless drive and reduces the number of hall sensors from three (required for a 3-sensor drive) to one. The current detection resistor-free system can reduce rated power supply and eliminate the large resistors previously required. These all contribute to reduced demand for space on wiring boards.
http://mrem.bernama.com/viewsm.php?idm=29428

MALAYSIAN AND SINGAPOREAN BRANDS AMONG 92 WINNERS OF THE 2017 ANIMALIS EDITION OF THE WORLD BRANDING AWARDS

VIENNA, June 22 (Bernama-BUSINESS WIRE) -- The Animalis edition of the prestigious World Branding Awards saw 92 brands from 35 countries named "Brand of the Year" in a glittering ceremony held at the Hofburg Palace in Vienna today. The Animalis edition of the Awards focused on pet and animal brands.

Animal Planet, FURminator, Hill's Prescription Diet, KONG, ORIJEN, Pedigree, Petplan, PURINA Pro Plan, Red Dingo, Tetra and Whiskas were announced as global winners. Regional winners were Equi-Trek (United Kingdom), Evidensia (Sweden), Fressnapf | Maxi Zoo (Germany) and Horze (Finland).
http://mrem.bernama.com/viewsm.php?idm=29426

BIONEXT LAUNCHES BIOSIGHT: AN ONLINE PLATFORM THAT WILL REVOLUTIONIZE PHARMACEUTICAL RESEARCH

Helps companies accelerate the development of new medications by reducing the failure rate during the clinical phase
 
STRASBOURG, France, June 22 (Bernama-BUSINESS WIRE) -- Bionext, a bioinformatics company, announces today the launch of BioSight, an online bio-simulation platform designed for efficient identification of possible side effects of potential drug treatments on the human body. As result of fifteen years of molecular biology R&D, BioSight uses a patented algorithm that is able to predict all of the potential biological targets that are at risk of interacting with a potential drug treatment. Available as Software as a Service (SaaS) or on-site, BioSight, at an affordable price and within a few hours, enables pharmaceutical and biomedical research professionals to better develop their molecules, reduce the failure rate during the clinical trial phase and, therefore, optimize their return on investment.

3.975 billion dollars per drug

That is the average total cost of R&D needed for pharmaceutical companies to launch a new drug on the world market.1 According to LEEM, out of 10,000 target molecules, 10 will become part of patents filed and only one of those will become part of a new drug being sold. The failure rate of drug candidates is particularly high and drug research is primarily abandoned late in the R&D process and advanced stages of clinical research when side effects are most likely to become apparent. These failures typically cost upwards of hundreds of millions of dollars.

It is also estimated that around 85% of these failures occur due to biological reasons linked to problems of effectiveness or toxicity caused by interactions between the drug and targets different than the one the drug is being developed for.

Digital technologies for accelerating therapeutic innovations

With its BioSight platform, Bionext’s ambition is to completely change the current process of developing and making medications- all thanks to digital technology. Goal: lower the entry cost to the therapeutic innovation market by offering thousands of small companies, laboratories and researchers with access to technologies that were previously out of their reach.

In order to accelerate the development of BioSight and to strengthen its position in the bioinformatics market, Bionext hopes to raise more than 5 million Euros in funding over the next 18 months.

1 How Much Does Pharmaceutical Innovation Cost? Forbes, 2013
 
Contacts
Yucatan for Bionext
Caroline Prince
+33-1-53-63-27-35
bionext@yucatan.fr
 
Source: Bionext
 
View this news release online at:
http://www.businesswire.com/news/home/20170621005740/en

--BERNAMA

Thursday, June 22, 2017

IMPINJ INTRODUCES SPEEDWAY® R120 RAIN RFID READER

Speedway portfolio delivers industry-leading performance and enterprise-grade reliability for retail, healthcare, logistics, and manufacturing industries

SEATTLE, June 22 (Bernama-GLOBE NEWSWIRE) -- Impinj (PI), a leading provider of RAIN RFID solutions, today introduced the Impinj Speedway R120 one-port, enterprise-grade fixed reader that connects RAIN RFID-enabled items to the Internet. The Speedway reader portfolio now includes three models to support one, two, or four antennas with expansion up to 32 antennas. Speedway readers deliver industry-leading performance with proven enterprise-grade reliability, and enable users to right-size their reader selection for applications in retail, healthcare, logistics, and manufacturing.

http://mrem.bernama.com/viewsm.php?idm=29419

A.M. BEST AFFIRMS CREDIT RATINGS OF THE PEOPLE'S INSURANCE COMPANY OF CHINA (HONG KONG), LIMITED

HONG KONG, June 22 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long -Term Issuer Credit Rating of “a-” of The People’s Insurance Company of China (Hong Kong), Limited (PICC HK) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect PICC HK’s solid risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), which improved in 2016 as the company de-risked its investment portfolio by focusing on investment-grade bonds and blue chip stocks. The ratings also recognize the implicit and explicit support that PICC HK receives from its parent, The People’s Insurance Company (Group) of China Limited (PICC Group), in terms of business and capital support. PICC Group owns 75% of PICC HK, while Asia Insurance (Investment), Ltd. owns the other 25%.

http://mrem.bernama.com/viewsm.php?idm=29420

BEARINGPOINT LAUNCHES NEW GENERATION OF THE RECOGNIZED ABACUS PLATFORM

First release of Abacus360 Banking delivered with components for AnaCredit. Pilot customers include DZ BANK AG, the central institution for co-operative banks, Berlin Hyp, one of the large German Pfandbrief banks, and Bank fuer Sozialwirtschaft (BFS)

FRANKFURT, Germany, June 21 (Bernama-BUSINESS WIRE) -- Management and technology consultancy BearingPoint, which ranks among the leading providers of Risk and Regulatory Technology (RiskTech/RegTech), announced today that the first release of the new software generation for banks, Abacus360 Banking, has been delivered.

BearingPoint had announced at its annual user conference in November 2015 that it would develop a new generation of the recognized Abacus platform. Main drivers for the decision are regulatory and technological developments of recent years. Based on a new generation engine, Abacus360 Banking will cover all existing Abacus regulatory and risk modules. It will also provide additional components enriching the functional scope by an intelligent toolset allowing for tailor-made optimization of regulatory reporting processes, regulatory analytics and regulatory management.
http://mrem.bernama.com/viewsm.php?idm=29413

ALL AUSTRALIAN AUTOMOTIVE MANUFACTURING PLANTS SHUTTING DOWN

Largest Automotive Equipment Sale in History Begins as 10 Automotive Manufacturing Plants Run out of Gas on the Continent
 
AMSTERDAM, June 21 (Bernama-BUSINESS WIRE) -- Hilco Industrial Acquisitions B.V. (www.hilcoind.com) announced today that it will lead the disposition process for a massive machinery and equipment asset sale which will end the entire automobile manufacturing business on the Australian Continent. The sale comes because of the recent closure of all Toyota Australia manufacturing operations, the last remaining auto production facility remaining on the continent.

This unprecedented auto equipment sale will include all of the key production shops and vendors that have been part of the manufacture of cars in Australia for over 60 years. All the equipment will be sold via private treaty from their production shops including aluminum casting, furnaces, engine line machining, assembly, robotic automation, presses, extruders, plastic injection molding machines, welding lines and plant services. Certain key machinery and equipment items will be sold via an online auction including maintenance workshops and general equipment. The auction will be conducted by Grays Online (www.graysonline.com), a JV partner with Hilco Industrial Acquisitions B.V.

To learn more about this automobile manufacturing equipment sale a special website has been set up: www.australia-automotive.com

Offers are invited on all the major equipment and can be made up until October 3, 2017. Negotiations and sales begin immediately. All the equipment offered in this massive sale is available for inspection by appointment only. Please contact: Ernst Rost Onnes (erostonnes@hilcoglobal.com) immediately to schedule appointments.

Robert Bouland – CEO of Hilco Industrial Acquisitions B.V. said “There has never been a sale conducted of this magnitude with such an abundance of state of the art manufacturing equipment. While it is unfortunate to see the industry in Australia shut down operations, this sale presents a very significant opportunity for those seeking to acquire critical production equipment to augment their facilities.” Mr. Bouland indicated that the demand globally has been extremely high, especially with the Asia – Pacific region and Europe. He added, “We expect that as we begin to publicize the sale, the North American interest will grow rapidly.”

Sales begin immediately. The equipment offered in the private treaty sale includes all categories of production. All key suppliers and vendors in the sale include the following: Toyota Altona Car Manufacturing Plant; Toyoda Gosei Australia; Continental Pty Ltd.; Britax Childcare; Metalsa Australia; ROH Automotive; Toyota Boshoku Australia; Chassis Brakes International; and Denso Automotive Systems Australia.

To arrange an inspection appointment, access more detailed information about the assets being sold, or learn specific information about the private treaty sale process, please contact: Ernst Rost Onnes toyota@hilcoglobal.com or go to www.australia-automotive.com for more details.

About Hilco Industrial: Hilco Industrial Acquisitions B.V. (www.hilcohia.com) provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial buys and sells assets through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial puts capital at risk and often acquires assets or provides guarantees. Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world’s leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. In 2014,Hilco Industrial LLC and CBI (Core Business Industries) formed a joint venture called Hilco Industrial Acquisitions B.V. (Amsterdam) to buy distressed industrial assets, liquidate those which are no longer needed and continue the lucrative operations. Hilco Industrial Acquisitions B.V. is in Europe, Asia and Australia.

About GraysOnline: GraysOnline (www.graysonline.com.au) is the largest industrial and commercial online auction business in Australasia, offering a huge range of industrial, consumer and commercial goods, direct from manufacturers and distributors. GraysOnline offers buyers great value and convenience and our vendors an efficient sales channel to unlock value from their assets. GraysOnline selling platform and commitment to first-class customer service make buying and selling easy, efficient, fair and transparent. For nearly 100 years, GraysOnline has helped buyers and sellers connect. GraysOnline provides full national coverage across Australia and New Zealand with main offices in Sydney, Melbourne, Adelaide, Brisbane, Darwin, Perth, Auckland and Christchurch, covering approximately 60,000 sqm of warehouse space, 120,000 sqm of yard space and over 38 additional smaller sites and regional depots. Through our international network, we can access networks of buyers and sellers in Asia, the Middle East, Africa and Europe.
 
Contacts
Hilco Global
Gary C. Epstein
EVP – Chief Marketing Officer
gepstein@hilcoglobal.com
www.hilcoglobal.com
+1 847 418 2712
 
Source: Hilco Industrial Acquisitions B.V.
 
View this news release online at:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51576180&lang=en

--BERNAMA

CRACK THE HACKERS - EIGHT BUSINESS TIPS

KUALA LUMPUR, June 22 (Bernama) -- Recent cyber-attacks on companies all over the world have rung alarm bells over how firms protect their business from being targeted by criminals. A new report tells business leaders how to crack the hackers on scams such as executive impersonation, where fraudsters dupe unwitting staff into transferring money from company accounts.

In the three years to 2016, almost 16,000 organisations across the globe had their IT systems breached - or 17 cases of business e-mail compromise every day, according to the US-based Internet Crime Complaint Center.
http://mrem.bernama.com/viewsm.php?idm=29424

Wednesday, June 21, 2017

SPEND OR DEPOSIT TO WIN EXCITING PRIZES WITH AMBANK'S TRANSFORMERS: THE LAST KNIGHT CAMPAIGN

KUALA LUMPUR, June 21 (Bernama) -- AmBank (M) Berhad introduced its movie tie-up campaign in conjunction with the release of the fifth sequel of Transformers: The Last Knight which covers AmBank’s credit card, debit card and deposit products.

The three and half month long contest-based campaign provides an opportunity for its valued customers to stand a chance to be rewarded with a Mercedes-AMG A45 as the Grand Prize, or a five-day and four-night trip to Los Angeles or Osaka for the First and Second prize winners respectively. There are also Weekly prizes of RM100 as well as Daily prizes of a pair of movie tickets.

Every spend of RM50 in a single receipt via debit or credit card entitles customers to 10 entries, while every new approved card and every incremental deposit of RM2,000 in Current/Savings account or Fixed deposit account earns them 50 entries. Customers simply need to register their interest to participate via a one-time SMS.

The winners will be selected based on an automated randomisation system where shortlisted customers who successfully answer simple questions will be accorded with the prizes.

The campaign runs from 15 May till 31 August, whereby the customers will have to register within the campaign period by typing AMTF12-digit NRIC number and send to 66300 to participate.

“The launch of this campaign along with the exciting rewards and prizes is to demonstrate our appreciation to our valued customers for their continued support and contribution towards AmBank’s products,” said Jade Lee, Managing Director, AmBank (M) Berhad.

“The support from our valued customers, shall serve as a driving force for us to keep the momentum going in providing the best financial solutions and services for them,” added Jade.

For further details on this campaign, please visit https://www.ambank.com.my/eng/promotions-page/TransformersCampaign as well as our various social media platforms.

About AmBank Group

AmBank Group is one of Malaysia’s premier financial solutions groups with over 40 years of legacy in understanding Malaysian customers and provides a wide range of both conventional and Islamic financial solutions and services, including retail banking, wholesale banking, as well as the underwriting of general insurance, life assurance and family takaful.

The Group receives strong support from the Australia and New Zealand Banking Group (“ANZ”) (one of Australia’s leading banks) particularly in Board and senior management representations, risk and financial governance, products offering and new business development. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (“IAG”). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc. (“MetLife”). The Group continues to benefit in terms of expertise transfer from IAG and MetLife.

AMMB Holdings Berhad is the holding company of AmBank Group and is a public listed company on the Main Market of Bursa Malaysia.

For more information, please visit www.ambankgroup.com

Source : AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Syed Anuar Syed Ali
Head, Group Corporate Communications and Marketing
Tel : 03-2036 1703
Email : sasa@ambankgroup.com

--BERNAMA

SUCDEN FINANCIAL GOES LIVE WITH SMARTTRADE TECHNOLOGIES' FX PLATFORM

LONDON, June 20 (Bernama-BUSINESS WIRE) -- smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announced today that Sucden Financial, a leading London based institutional FX and derivatives broker, has implemented LiquidityFX, smartTrade’s fully hosted FX solution.
 
Sucden Financial acts as an FX liquidity provider to a wide variety of clients, including retail brokers, banks and hedge funds throughout the world. Their challenge was to find an experienced and proven technology provider with an in-depth understanding of their ambitions within e-FX and its technicalities. Achieving a quick time to market was another prerequisite which required a provider with out-of-the-box connectivity to tier-one banks, non-bank market makers, prime brokers and ECNS.

Sucden Financial selected smartTrade Technologies for their capacity to deliver a sophisticated and complete solution within a challenging timeframe. smartTrade's LiquidityFX solution covers their needs for connectivity to multiple liquidity providers, aggregation, order routing, pricing and distribution as well as a fully integrated order management system. smartTrade is also providing Sucden Financial with its LiquidityFX credit margin module, which allows their end clients to trade larger amounts and leverage their cash margin while enabling Sucden Financial to monitor and manage their risk coverage in real time.

“SmartTrade were well placed to provide us with the necessary tools to help us accomplish our expansion plans,” commented Wayne Roworth, co-Head of eFX, at Sucden Financial. “Their ability to provide specific features such as an LD4 matching engine and ECN connectivity for our non-bank prime products were critical milestones for us,” he added.

“Our consultative approach enables us to understand clients’ requirements and is key to a successful implementation and delivery,” commented David Vincent, Chief Executive Officer of smartTrade Technologies. He added, “We believe that our strong experience in providing solutions for the FX brokers is a key asset in helping Sucden Financial achieve their growth objectives.”

About smartTrade Technologies:

smartTrade Technologies, a pioneer in multi-asset electronic trading solutions, delivers innovative and intelligent technology enabling you to focus on your trading and grow your business while lowering total cost of ownership and allowing you to quickly adapt to changing market requirements.

smartTrade Technologies provides agile end-to-end trading solutions supporting Foreign Exchange, Fixed Income, Equities and Derivatives asset classes with connectivity to over 95 liquidity providers, aggregation, smart order routing, order management, pricing, distribution, risk management capabilities and a HTML5 user interface. We work with a variety of clients ranging from banks, brokers and hedge funds to proprietary trading desks. LiquidityFX for FX and smartFI for Fixed Income, are solutions available as software only or as a fully managed and hosted service, collocated in all the main market places globally. For more information, visit www.smart-trade.net.

About Sucden Financial:

Sucden Financial is a leading international derivatives broker providing access to a broad range of markets, including exchange and OTC traded products, as well as equities, foreign exchange and bullion.

Formed in 1973 as the London brokerage arm of Sucres & Denrées (Sucden Group), the firm has since evolved into one of the largest brokers for traders, fabricators, producers, consumers, investment houses, hedge funds, commodity firms and retail brokers.

Sucden Financial is a Ring Dealing/Category 1 member of the London Metal Exchange (LME) and provides clients with fast, direct access to global markets.

Based in the heart of the City of London, Sucden Financial has offices in Moscow and a subsidiary in Hong Kong (Sucden Financial (HK) Limited).

Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority (FCA).

For more information, visit www.sucdenfinancial.com
 
Contacts
smartTrade Technologies
Lise Grant, +44(0) 782 684 7707
lgrant@smart-trade.net
or
Sucden Financial
Robert Cantle
Robert.cantle@sucfin.com
 
Source: smartTrade Technologies
 
View this news release and multimedia online at:
http://www.businesswire.com/news/home/20170620005122/en

--BERNAMA

NEARLY 9 IN 10 COMPANIES PLAN TO HIRE MBA GRADUATES IN 2017

International Hiring Plans Remain Steady Despite Recent Political Uncertainty

RESTON, Va., June 20 (Bernama-GLOBE NEWSWIRE) -- Corporate hiring plans for 2017 point to robust employment opportunities for graduates of MBA and business master’s programs, according to a new employer survey report from the Graduate Management Admission Council (GMAC). Globally, 86 percent of companies plan to hire recent MBA graduates this year, up from 79 percent that hired them in 2016. Demand for these MBA graduates is strongest in the United States and Asia-Pacific, where 9 in 10 companies plan to hire these candidates.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6f8c937c-2931-4c6a-aeaf-46f72dfee9ff

“Despite the political uncertainty about the status of immigration and work visas in the United States and other parts of the world, companies are keen to hire graduates from this year’s MBA and business master’s programs, including international candidates,” said Sangeet Chowfla, GMAC president and CEO. “This signifies the value these programs create for students and the vital role their skillsets bring employers.”

At the time GMAC conducted the Corporate Recruiters Survey in early 2017, respondents in Asia-Pacific, Europe, Latin America and the United States declared their companies are staying the course with plans to hire international graduate business candidates. Overall, 59 percent of the survey respondents plan to hire or are willing to hire MBA and business master’s graduates requiring legal documentation — a gain of seven percentage points from 2016.

Most U.S. companies (55 percent) either plan to hire (28 percent) or are open to hiring (27 percent) an international candidate in 2017 — up from 49 percent that had such plans last year. The technology industry in the U.S. is the most likely to hire international business graduates this year. Half of U.S. tech firms (50 percent) plan to hire such candidates in 2017 — up from 27 percent that planned to hire them last year.

GMAC conducted the 16th annual Corporate Recruiters Survey in February and March 2017 together with survey partners EFMD and MBA Career Services & Employer Alliance (MBA CSEA), in association with 97 participating graduate business schools. Survey findings are based on responses from 959 employers representing more than 628 companies in 51 countries worldwide. Two additional organizations, CEMS and RelishMBA, assisted with recruitment of survey participants.

Additional Key Findings

Hiring Demand Also Bright for Business Master’s Graduates 

As the outlook for MBA hiring continues to look bright, so do projected hiring trends for 2017 business master’s graduates, especially those with Master in Management and Master of Accounting degrees.
  • The largest increase in hiring demand compared with 2016 is seen in the share of companies that plan to hire Master in Management graduates; globally, 59 percent plan to hire recent Master in Management graduates, up nine percentage points from last year.
  • Notably, 70 percent of manufacturing companies plan to hire Master in Management graduates in 2017, up from 50 percent of companies that hired them in 2016.
  • Data analytics expertise continues to be in high demand. Sixty-nine percent of employers plan to place recent graduate business school hires into data analytics roles in 2017, just trailing marketing, business development, and finance roles — each with 71 percent.
More Start-Up Companies Plan to Hire B-School Grads This Year

For the first time, this year’s survey report breaks out the responses specifically among start-up companies, revealing a promising 2017 hiring outlook for business school graduates. Three in 4 start-ups plan to hire recent MBA graduates in 2017, up from the 52 percent that hired them in 2016. More start-ups also plan to make 2017 hires from graduates of Master in Management (37 percent), Master of Accounting (23 percent), and Master of Finance (25 percent) programs.

Compensation: MBA Salaries Will Reflect 83 Percent Premium Over Recent Bachelor’s Salaries

Globally, more than half of survey respondents (52 percent) report that MBA base salaries will increase at (34 percent) or above (18 percent) the rate of inflation in 2017. Latin America (74 percent of respondents) and Asia-Pacific (59 percent) have the greatest share of companies that plan to increase MBA salaries either at or above the rate of inflation this year.

A majority of European and U.S. companies (57 percent and 51 percent, respectively) will maintain 2016 salary rates for new MBA hires in 2017. The projected median base starting salary for recent MBA graduates in the U.S. in 2017 is US$110,000, up from a median of US$105,000 in 2016. This represents an 83 percent premium over recent bachelor’s-degree holders in the U.S., who can expect to receive a median starting salary of US$60,000 in 2017.

“Once again, this year’s report brings to light the continued value of the MBA degree to the marketplace,” said Megan Hendricks, executive director of MBA CSEA. “The increased interest in specialty master’s talent provides further indication of the relevance of these programs at our member schools.”

To download the full report, visit: gmac.com/corporaterecruiters. For supporting graphics, visit the GMAC News Center.

About GMAC: The Graduate Management Admission Council (GMAC) is a global, nonprofit association of 220 leading graduate business schools. Founded in 1953, we are actively committed to advancing the art and science of admissions by convening and representing the industry and offering best-in-class products and services for schools and students. GMAC owns and administers the Graduate Management Admission Test® (GMAT®) exam, used by more than 6,500 graduate programs worldwide, and the NMAT by GMAC™ exam, for entrance into graduate management programs in India. The Council is based in Reston, Va., with offices in London, New Delhi (Gurgaon) and Hong Kong. For information on assessments, study tools and services for candidates, visit www.mba.com. For information about The Council and our market intelligence, professional development opportunities and services for graduate management education, please visit www.gmac.com

About EFMD: The EFMD management development network includes nearly 900 institutional members from academia, business, public service and consultancy across 88 countries worldwide. EFMD offers a range of services, including conferences and seminars around the world, surveys and the dissemination of knowledge, quality improvement and accreditation via EQUIS, EPAS, EOCCS and CLIP, as well as the EDAF mentoring programme and BSIS impact assessment system. For more information about EFMD, please visit www.efmd.org.

About MBA CSEA: MBA Career Services & Employer Alliance (MBA CSEA) is an 800+ member global alliance of graduate business career management professionals and employers. The organization is the global leader in delivering the tools, developing the relationships and providing the supportive information and services that produce ongoing success for graduate business career services offices and employers. For more information about MBA CSEA, visit: www.mbacsea.org.

MEDIA CONTACT:
Jennifer Garfinkel; Director of Media Relations, GMAC
+1 (703) 668-9805 or jgarfinkel@gmac.com

SOURCE : Graduate Management Admission Council

--BERNAMA

Tuesday, June 20, 2017

MORGAN STANLEY IS NO. 1 ON INSTITUTIONAL INVESTOR'S ALL-ASIA RESEARCH TEAM RANKING OF THE REGION'S BEST SELL-SIDE ANALYSTS

The firm claims the top spot for the third straight year

NEW YORK , June 20 (Bernama-GLOBE NEWSWIRE) -- For a third straight year, Morgan Stanley claims top honors on the All-Asia Research Team, Institutional Investor's annual ranking of the region's most highly regarded sell-side analysts. This is the first time the firm has earned a place in all 35 sectors covered by the survey.

Complete results can be found at 2017 All-Asia Research Team.
http://mrem.bernama.com/viewsm.php?idm=29397

​INFORMA PHARMA INTELLIGENCE AND GOBALTO PARTNER TO ENRICH CLINICAL TRIAL DATA FOR CLIENTS

​INFORMA PHARMA INTELLIGENCE AND GOBALTO PARTNER TO ENRICH CLINICAL TRIAL DATA FOR CLIENTS

CHIBA PREFECTURE PRODUCES GUIDEBOOK, PROMOTION VIDEO ON TOURISM IN CHIBA

CHIBA, Japan, June 19 (Bernama) -- 


The Chiba Prefectural Government has produced a guidebook and promotion video on tourism in Chiba in an effort to attract to the prefecture inbound tourists, whose number is expected to increase as the Tokyo Olympics and Paralympics are scheduled to be held in 2020.

The guidebook introduces 30 sightseeing routes using public transportation systems and about 250 tourist spots in Chiba Prefecture.

(Image1: http://prw.kyodonews.jp/prwfile/release/M102229/201706152786/_prw_PI1fl_7PpQk7zT.jpg)

(Image2: http://prw.kyodonews.jp/prwfile/release/M102229/201706152786/_prw_PI2fl_7l5uRKR8.jpg)

Prefectural government officials have expressed hope that as many people as possible will visit and sightsee in Chiba, fully using information carried in the guidebook.

1. Content
The guidebook introduces a wide variety of information on tourism in Chiba, including sightseeing routes along the Pacific coast of the southern Boso Peninsula that will be the venue for the surfing event of the 2020 Games and those through which visitors can enjoy traveling on local trains as well as recommended photo spots.

2. E-reader guidebook:
"Perfect Guide CHIBA JAPAN Perfect Guide for Tourists"
English: http://japan-chiba-guide.com/en/digital-pamphlet.html
Thai: http://japan-chiba-guide.com/th/digital-pamphlet.html

http://mrem.bernama.com/viewsm.php?idm=29388

Monday, June 19, 2017

RedHill Biopharma Announces Confirmatory Phase III Study Initiated with RHB-105 (TALICIA™) for H. pylori Infection


·         Subject to a successful outcome and any additional regulatory feedback, the confirmatory Phase III study (ERADICATE Hp 2) is expected to complete the package required for a potential U.S. NDA for RHB-105, newly branded as TALICIA™ 
 
·         The two-arm, randomized, double-blind, active comparator, confirmatory Phase III study is planned to enroll 444 non-investigated dyspepsia patients with confirmed H. pylori infection in up to 65 clinical sites in the U.S., with a primary endpoint of eradication of H. pylori infection at 42 through 70 days after initiation of treatment 
 
·         The first Phase III study with TALICIA™ (RHB-105) (ERADICATE Hp) successfully demonstrated 89.4% efficacy in eradicating H. pylori infection (p<0.001), supporting the potential superior efficacy of TALICIA™ (RHB-105) over current standard-of-care (SoC) therapies 
 
·         TALICIA™ (RHB-105) was granted QIDP designation by the FDA under the GAIN Act, including Fast-Track development, NDA Priority Review and extended U.S. market exclusivity, for a total of eight years
 
·         H. pylori bacterial infection is a major cause of chronic gastritis, peptic ulcer disease, gastric cancer and mucosa-associated lymphoid tissue (MALT) lymphoma and is estimated to affect over half of the adult population worldwide

·         The World Health Organization (WHO) recently published a global priority list of 12 life-threatening multidrug-resistant bacteria, in which H. pylori infection was classified in group 2 high-priority bacteria for which new treatments are urgently needed
 
·         The 2015 global and U.S. market potential for H. pylori eradication therapies at current branded prices, were estimated at approximately $4.83 billion and $1.45 billion, respectively

TEL-AVIV, Israel and RALEIGH, N.C., June 16 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (Tel-Aviv Stock Exchange:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today announced the initiation of a confirmatory Phase III study with RHB-105, newly branded as TALICIA™1, for the treatment of H. pylori infection (the ERADICATE Hp 2 study).

TALICIA (RHB-105) is a proprietary, fixed-dose, oral combination therapy of two antibiotics and a proton pump inhibitor (PPI) in an all-in-one oral capsule for the eradication of H. pylori infection.

The two-arm, randomized, double-blind, active comparator confirmatory Phase III ERADICATE Hp 2 study will compare TALICIA (RHB-105) against a dual therapy amoxicillin and omeprazole regimen at equivalent doses. The study is planned to enroll 444 non-investigated dyspepsia patients with confirmed H. pylori infection in up to 65 clinical sites in the U.S. Subjects will be randomized in a 1:1 ratio to receive four capsules, three times daily, of either TALICIA (RHB-105) or the active comparator, for a period of 14 days. Subjects will be assessed for the study’s primary endpoint of eradication of H. pylori infection at 42 through 70 days after initiation of treatment.

Subject to its successful outcome and any additional regulatory feedback, the confirmatory Phase III study, along with the results from the successfully completed first Phase III study with TALICIA (RHB-105) (the ERADICATE Hp study) and data from the completed supportive PK program, are expected to support a potential U.S. New Drug Application (NDA) for TALICIA (RHB-105).


The first Phase III study with TALICIA (RHB-105) successfully met its protocol-defined mITT primary endpoint of superiority over historical standard-of-care (SoC) eradication rate of 70%, with high statistical significance (p<0.001). The study results demonstrated 89.4% efficacy in eradicating H. pylori infection with TALICIA (RHB-105). Notably, the 89.4% efficacy in eradicating H. pylori infection with TALICIA (RHB-105) was also superior to subsequent open-label treatment with SoC therapies of patients in the placebo arm of the ERADICATE Hp study, which demonstrated 63% eradication rate in the mITT population (p=0.006), further supporting the potential efficacy of TALICIA (RHB-105) as a treatment for H. pylori infection. Treatment with TALICIA (RHB-105) appeared to be safe and well tolerated. 


TALICIA (RHB-105) was granted Qualifying Infectious Disease Product (QIDP) designation by the U.S. Food and Drug Administration (FDA), providing a Fast-Track development pathway, as well as NDA Priority Review status, potentially leading to a shorter NDA review time by the FDA, if filed. If approved, TALICIA (RHB-105) is entitled to receive, thanks to its QIDP status, an additional five years of U.S. market exclusivity, in addition to the standard exclusivity period, for a total of 8 years of U.S. market exclusivity.