SEERA First To Release SFIA V6 Global Standard

SYDNEY, Australia and LONDON, England, June 30 (Bernama) -- Global Unified Talent Management software provider, SEERA, has today announced their platform will support the global Skills Framework for the Information Age, SFIA, Version 6 immediately. The announcement will be made at the global SFIA Version 6 Launch Event in London on 1/7/2015.

SEERA will be the first company in the world to support both SFIA version 5 and SFIA version 6, while also providing customers with an automated and seamless migration path.

http://mrem.bernama.com/viewsm.php?idm=24770

Sundance Energy Australia Limited Enters Into Share and Asset Sale Agreement With New Standard Energy Ltd.

Acquisition of Eagle Ford and Cooper Basin Assets 
DENVER, June 30 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Ltd (ASX:SEA) (Sundance) is pleased to announce it has entered into a Share and Asset Sale Agreement (“SSA”) for the acquisition of New Standard Energy Ltd’s (ASX:NSE) (New Standard) U.S. and Cooper Basin assets. The SSA is subject to approval by NSE’s shareholders and other customary conditions precedent, including due diligence. 

http://mrem.bernama.com/viewsm.php?idm=24768

Nasdaq Launches Index Calculation System for Marketplaces

Offering gives exchanges index producer capabilities, opportunities for new revenue streams 
Singapore Exchange to leverage technology to boost index services offering
 
NEW YORK, June 30 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced today the launch of the Nasdaq Index Calculation System, a standalone solution that provides marketplaces with a highly flexible index calculation platform to compute multi-asset, multi-currency indexes. The system enables exchanges to operate and administer index calculations in-house, which gives them the flexibility to define and create unique products while maintaining operational control and controlling IP ownership over the marketplaces' indexes. In addition, Singapore Exchange (SGX) will utilize the technology to enhance their index services offering.

http://mrem.bernama.com/viewsm.php?idm=24767

NASDAQ CLOSING CROSS CALCULATES U.S. RUSSELL INDEXES FOR THE TWELFTH CONSECUTIVE YEAR FOR RUSSELL'S ANNUAL RECONSTITUTION

NEW YORK, June 29 (Bernama) -- Nasdaq (Symbol:NDAQ) today announced the Nasdaq Closing Cross was used for the twelfth consecutive year to rebalance Nasdaq-listed securities in the entire family of U.S. Russell indexes during their annual reconstitution. Approximately 787 million shares representing $21.1 billion were executed in the Nasdaq Closing Cross in 0.4 seconds across some 2,583 Nasdaq-listed stocks.

Nasdaq official closing prices (NOCPs) determined by the Nasdaq Closing Cross are widely used throughout the industry, by Russell Investments, Standard & Poor's, Dow Jones, and mutual funds across the country. The Nasdaq Closing Cross mechanism provides market participants with transparency and consistent prices with the dissemination of imbalances, indicative and likely clearing prices every five seconds via the Net Order Imbalance Indicator. Nasdaq's INET technology platform processes accurate closing prices for the industry in microseconds.

http://mrem.bernama.com/viewsm.php?idm=24758

E-SIGNLIVE EXPANDS INTO NEW MARKETS WITH IBM CLOUD

ARMONK, N.Y. & MONTREAL, June 29 (Bernama) -- e-SignLive™ by Silanis has capitalized on its strategic relationship with IBM Cloud to bring its e-signature software to six new key international markets by the end of 2015. This global expansion, enabled by IBM Cloud’s growing network of data centers, will support e-SignLive‘s 300 percent increase in worldwide usage over the past year and position the company as the e-signature vendor with the most cloud locations globally.

Beginning in Australia and continuing through Japan, Germany, the United Kingdom, Singapore and Brazil, both public and private instances of e-SignLive will be available on IBM Cloud’s SoftLayer infrastructure to support global e-signature adoption and meet customers’ data requirements in regulated markets.
 
http://mrem.bernama.com/viewsm.php?idm=24762

UnionPay International Issues Report Of 2015 Outbound Tourism Tendency Of Summer Vacation

SHANGHAI, China, June 25 (Bernama) -- UnionPay International issued the Report of 2015 Outbound Tourism Tendency of Summer Vacation on June 24, which indicates that the outbound Chinese tourists is characterized with larger gross scale, higher transaction frequency, more scattered destinations and more rational purchase.

Regards to the latest tendency of outbound tourism, UnionPay International launched the preferential program, Travelling the World in Summer Vacation, on the same day, which offers the exclusive privilege up to 50% of UnionPay cards by over 100 merchants in 8 tourist destinations from now until July 31, namely Hong Kong, Taiwan, Korea, Japan, Singapore, America, Italy and Australia.

http://mrem.bernama.com/viewsm.php?idm=24734

3M TO ACQUIRE CAPITAL SAFETY

Acquisition Expands 3M’s Presence in Fast-Growing Personal Protective Equipment Industry

 

ST. PAUL, Minn, June 24 (Bernama-BUSINESS WIRE) -- 3M announced today that it has entered into a definitive agreement to acquire Capital Safety from KKR for a total enterprise value of $2.5 billion, including the assumption of approximately $0.7 billion of debt, net of cash acquired. Capital Safety is a leading global provider of fall protection equipment, one of the fastest-growing safety categories within the global personal protective equipment industry.

The personal protective equipment industry is a strategic priority for 3M. Demand for personal protective equipment is rapidly growing, driven by increasing regulatory focus on worker safety across both developed and developing countries.

http://mrem.bernama.com/viewsm.php?idm=24727

Coty Inc. Announces That Bart Becht Will Remain as Chief Executive Officer

Provides Leadership Continuity helping Coty to Further Progress Behind its New Strategy 
NEW YORK, June 24 (Bernama-BUSINESS WIRE) -- Coty Inc. (NYSE:COTY) announced today that Bart Becht will remain as Interim Chief Executive Officer of Coty. Mr. Becht will also continue in his role as Chairman of Coty. In connection with this change, Elio Leoni Sceti, who was planned to assume the role of CEO in July, has reconsidered and decided not to join Coty.

http://mrem.bernama.com/viewsm.php?idm=24723

VAPOUR DEVICES INCLUDING E-CIGARETTES TO REACH US$50 BILLION BY 2030

LONDON, June 23 (Bernama-BUSINESS WIRE) -- Euromonitor today released new data on the vapour tobacco category incorporating e-cigarettes and e-liquid products nearly doubling in size from 2013 to reach US$6 billion in 2014.

“Since its introduction to the market in 2005, vapour products have grown by nearly 70 percent, eclipsing nicotine replacement therapy products, which in comparison stood at US$2.4 billion in global sales in 2014,” said Zora Milenkovic, head of tobacco research at Euromonitor International.

http://mrem.bernama.com/viewsm.php?idm=24716

GUILLAUME JESEL NAMED SENIOR VICE PRESIDENT/GLOBAL GENERAL MANAGER OF TOM FORD BEAUTY

NEW YORK, June 23 (Bernama) -- The Estée Lauder Companies Inc. (NYSE:EL) announced this week that Guillaume Jesel has been named to the position of Senior Vice President/Global General Manager, TOM FORD BEAUTY. In this role, he leads the global beauty brand, working directly with Tom Ford, President and CEO of TOM FORD INTERNATIONAL and reporting to John Demsey, Group President, The Estée Lauder Companies.

"Guillaume is incredible," said Tom Ford. "A great talent, a brilliant business man, and a wonderful leader. I could not be more pleased to have him as TOM FORD BEAUTY's Global General Manager. Through his tenure at The Estée Lauder Companies and his career, he has gained a profound understanding of the global beauty industry. His experience is invaluable as we launch in China and continue to build our beauty business internationally."

http://mrem.bernama.com/viewsm.php?idm=24720

RECALL ANNOUNCES FACILITY OPTIMISATION PROGRAM 2

SYDNEY, June 23 (Bernama) -- Recall Holdings Limited (ASX: REC), a global leader in information management, today announces the implementation of the second Facility Optimisation Program (FOP 2), provides an update on M&A activity, and confirms its earnings guidance for FY15.

Recall and Iron Mountain are working closely to prepare the regulatory filings required in relation to the Scheme Implementation Deed announced June 8, 2015, and progress is being made in line with expectations. The investment programs, related charges, expected EBITDA contribution from the items noted below, and the anticipated FX impact on FY15 financial results are included in the base business assumptions used by Iron Mountain during the transaction due diligence process.

http://mrem.bernama.com/viewsm.php?idm=24718

​NASDAQ APPOINTS STACIE SWANSTROM TO LEAD GLOBAL CORPORATE SOLUTIONS BUSINESS

NEW YORK, June 22 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) today announced the appointment of Senior Vice President Stacie Swanstrom to lead its Global Corporate Solutions business. In this role, Swanstrom will be responsible for leading the strategic direction of the business while managing the success and growth of Nasdaq's current IR, PR, governance and multimedia offerings. She will report directly to Adena Friedman, President, Nasdaq, effective July 1, 2015.

http://mrem.bernama.com/viewsm.php?idm=24709

PSE Announces Successful First Day Trading Under PSEtrade XTS

NEW YORK and MANILA, Philippines, June 22 (Bernama) -- The Philippine Stock Exchange, Inc. (PSE) and Nasdaq (Nasdaq:NDAQ) announced today that PSE had a successful migration to the PSEtrade XTS trading system, powered by Nasdaq's X-stream Trading technology.

PSE President and CEO Hans B. Sicat said, "We are pleased with the outcome of the first day of trading under the PSEtrade XTS. The shift to this trading engine is a milestone for the Exchange especially as we work on fortifying our technology platforms in line with our vision to be a premiere exchange with world-class standards. We know that with Nasdaq's technology expertise and experience, the PSE is assured of long-term support."

http://mrem.bernama.com/viewsm.php?idm=24715

KBM GROUP INTRODUCES ITS ZIPLINE DMP TO AUSTRALIA AND NEW ZEALAND

Extends Global Reach of Data Platform to Heighten Campaign Effectiveness for Marketers and Advertisers

RICHARDSON,Texas, June 19 (Bernama-GLOBE NEWSWIRE) -- KBM Group, the global leader in data-driven, insight-based customer engagement, announces that it has introduced its Zipline DMP® to Australia and New Zealand, offering brand marketers, agencies and ad networks a powerful platform for building highly individualized target audiences and reaching them across all marketing channels.

http://mrem.bernama.com/viewsm.php?idm=24702

Market Prophit Implements Nasdaq Last Sale Real-Time Data on Its Social Media Stock Market Analytics Platform

NEW YORK, June 19 (Bernama-GLOBE NEWSWIRE) -- Market Prophit (www.marketprophit.com) an industry-leading provider of real-time stock market sentiment analysis of social media conversations, has selected Nasdaq Last Sale real-time data to power its stock market analytics platform.
 
Market Prophit implemented the Nasdaq Last Sale real-time pricing feed for its platform analytics, based on accuracy as well as breadth and depth of market coverage. Nasdaq Last Sale includes price, share volume and time data for all U.S. exchange-listed securities.

http://mrem.bernama.com/viewsm.php?idm=24701

CONSUMER EXPENDITURE IN THE ASEAN REGION HITS US$1.5 TRILLION IN 2014

LONDON, June 18 (Bernama-BUSINESS WIRE) -- Market Research Company Euromonitor International released today a new white paper providing a strategic approach on marketing to the ASEAN (Association of Southeast Asian Nations) consumer.

http://mrem.bernama.com/viewsm.php?idm=24698

 

Japan's Largest Cosmetics Portal @cosme Announces @cosme BEST COSMETICS AWARDS 2015 Spring/Summer

TOKYO, June 18/Kyodo JBN-AsiaNet/ -- 
The website @cosme, which is managed by istyle Inc. (First Section of Tokyo Stock Exchange, Company Code: 3660) and is the largest cosmetics/beauty portal website in Japan, posted the results of the "@cosme BEST COSMETICS AWARDS 2015 Spring/Summer" on June 18, 2015.

http://mrem.bernama.com/viewsm.php?idm=24700

Descartes' Broker and Forwarder Solution Makes D.J. Powers More Productive and Efficient

AMERSFOORT, The Netherlands, June 18 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that logistics service provider and customs house broker D.J. Powers BV has deployed the Descartes OneView™ Forwarder Enterprise solution to help streamline its European operations. Descartes' solution is a platform to help the company improve local processes and facilitate execution of international shipments.

http://mrem.bernama.com/viewsm.php?idm=24696

G-7 Group's Overseas Arm Signs License Pact with "Kushikatsu Daruma" Restaurant Chain to Open Shops in Southeast Asia

KOBE, Japan, June 17 /Kyodo JBN-AsiaNet/ --
 
G7 International Pte. Ltd., the overseas investment holding company of G-7 Holdings Inc. (Securities Code: TSE 7508), concluded a license agreement with the "Kushikatsu Daruma" restaurant chain, operated by Daruma International Co., Ltd., the overseas subsidiary of Ichimonkai, on June 10 to expand its F&B business in Southeast Asia.

http://mrem.bernama.com/viewsm.php?idm=24692

Toshiba Expands Retail Manufacturing in Singapore

State of the Art Innovation from Toshiba Includes New POS Technology for Retail Stores 
RESEARCH TRIANGLE PARK, N.C., June 17 (Bernama-BUSINESS WIRE)-- Toshiba Global Commerce Solutions today announced its continued commitment to Singapore with an expanded manufacturing presence to include the SurePOS 700 series of POS systems. Known for delivering state of the art ODM/OEM products for Fortune 500 companies worldwide and for being a key player in the retail sector, Toshiba TEC Singapore Pte Ltd (TSE) was selected to build the new SurePOS 700 systems, in addition to SurePOS 500 systems and 4610 SureMark printers.

http://mrem.bernama.com/viewsm.php?idm=24689

PRA CONTINUES THE TRANSFORMATION OF CLINICAL TRIALS WITH PREDICTIVV(TM)

RALEIGH, N.C, June 16 (Bernama-GLOBE NEWSWIRE) -- PRA Health Sciences (Nasdaq:PRAH), a leading global contract research organization, today announced its new Predictivv™ platform, the beginning of an entirely new approach on the role technology will play in the future of clinical development. The Predictivv™ platform will be a fully integrated solution for designing, planning and optimizing the management of global clinical studies. Designed around a unified platform that harmonizes data, processes, and people across every aspect of a clinical study, Predictivv™ will enable unprecedented adaptive intelligence and decision support for the ever-increasing complexities of the clinical development process.

http://mrem.bernama.com/viewsm.php?idm=24683

PRESIDENT AND CEO OF ISOLA GROUP ANNOUNCES RETIREMENT

CHANDLER, Ariz, June 16 (Bernama-GLOBE NEWSWIRE) -- Isola Group, a market leader in copper-clad laminates and dielectric prepreg materials used to fabricate advanced multilayer Printed Circuit Boards (PCBs), announced today the decision of its current President and Chief Executive Officer Ray Sharpe to retire. Mr. Sharpe will stay with Isola until his successor has joined to ensure a smooth transition. The Board has already retained a search firm to guide the process of finding Isola's next CEO.

http://mrem.bernama.com/viewsm.php?idm=24680

Ria Money Transfer Celebrates Inaugural International Day of Family Remittances

Ria Takes Part in Global Forum on Remittances and Development 2015 in Milan, Italy 
MILAN, Italy, June 16 (Bernama-GLOBE NEWSWIRE) -- Today, June 16, marks the first International Day of Family Remittances. As a global facilitator of low-cost remittances, Ria Money Transfer (“Ria”), the third largest money transfer company in the world, would like to recognise this day and acknowledge and thank the families that faithfully patronise its services.

http://mrem.bernama.com/viewsm.php?idm=24684

Euronet Continues Global ATM Expansion

Adds Independent ATM Networks in Three Countries 
Value Added Service Agreements Now Cover More than 165,000 ATMs on Six Continents
 
LEAWOOD, Kan., June 16 (Bernama-GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Nasdaq:EEFT), today announced the addition of three new countries to its portfolio of Independent ATM Deployment (IAD) networks. The new ATMs in Malaysia, Cyprus and Portugal expand Euronet’s position as the world’s fastest growing and most geographically diverse independent ATM deployer. 

http://mrem.bernama.com/viewsm.php?idm=24679

Velcro Companies to Acquire Belgium-Based Specialty Weaving Manufacturers Alfatex and Gevaert

Acquisition to strengthen global capabilities and accelerate innovation 
DEINZE, Belgium, June 16 (Bernama-BUSINESS WIRE)-- Velcro Companies, a global leader in fastening solutions, today announced that it has acquired Alfatex, a leading manufacturer of hook and loop fasteners in the medical, automotive and industrial sectors, and Gevaert, which manufactures elastic and rigid webbings for the apparel industry. The move will expand Velcro Companies’ presence in Europe, broaden its product portfolio and open the way for investment in research and development to speed the pace of product innovations.

http://mrem.bernama.com/viewsm.php?idm=24678

Asheesh Mehra Exits Infosys, Starts Antworks

NEW DELHI, India, June 16 (Bernama-BUSINESS WIRE) -- Asheesh Mehra, the former Vice President and Head of Infosys BPO for Asia Pacific, Japan and Middle East, today announced Antworks, his maiden entrepreneurial venture for providing technical and business process solutions.
 
Headquartered in Singapore, Antworks will have a global footprint with offices in Singapore, Qatar, London and Mumbai to begin with. Antworks will focus on providing solutions primarily to the Healthcare and Financial sectors through two delivery models – BPaaS (Business Process as a Service) and TaaS (Technology as a Service).

http://mrem.bernama.com/viewsm.php?idm=24677

A.M. BEST SPECIAL REPORT: HONG KONG LIFE INSURANCE INDUSTRY MOVING TOWARD RISK-BASED CAPITAL REGIME

HONG KONG, June 15 (Bernama-BUSINESS WIRE) -- In 2014, The Insurance Authority (IA) of Hong Kong issued a consultation paper, titled, “Risk-Based Capital Framework for the Insurance Industry of Hong Kong” (RBC consultation paper), which introduced broad principles and key approaches in developing a risk-based capital (RBC) framework.. This Best’s Special Report, titled, “Hong Kong Life Insurance Industry Moving Toward Risk-Based Capital Regime,” aims to present A.M. Best’s research on several key areas proposed under quantitative requirements in two other jurisdictions and comments on the observation on issues that could impact the Hong Kong life insurance industry.

http://mrem.bernama.com/viewsm.php?idm=24669

 

A.M. BEST AFFIRMS RATINGS OF HYUNDAI MARINE & FIRE INSURANCE CO., LTD. AND ITS SUBSIDIARY, HYUNDAI INSURANCE (CHINA) CO., LTD

HONG KONG, June 15 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a” of Hyundai Marine & Fire Insurance Co., Ltd. (HMFI) (South Korea). A.M. Best also has affirmed the FSR of A- (Excellent) and the ICR of “a-” of Hyundai Insurance (China) Co., Ltd. (HIC) (China). The outlook for all ratings remains stable. http://mrem.bernama.com/viewsm.php?idm=24668

A.M. BEST SPECIAL REPORT: HONG KONG NON-LIFE INSURANCE INDUSTRY MOVING TOWARD RISK-BASED CAPITAL REGIME

HONG KONG, June 15 (Bernama-BUSINESS WIRE) -- In 2014, The Insurance Authority (IA) of Hong Kong issued a consultation paper, titled, “Risk-Based Capital Framework for the Insurance Industry of Hong Kong” (RBC consultation paper), which introduced broad principles and key approaches in developing a risk-based capital (RBC) framework. This Best’s Special Report, titled, “Hong Kong Non-Life Insurance Industry Moving Toward Risk-Based Capital Regime,” aims to present A.M. Best’s view on several key areas to be addressed in an RBC framework designed for the Hong Kong insurance industry. In this report, A.M. Best’s credit rating analysis for insurance companies will be used, including A.M. Best’s Capital Adequacy Ratio (BCAR), on a sample of primary general insurers in Hong Kong, to provide a broad view about the capital adequacy levels of these insurers.

http://mrem.bernama.com/viewsm.php?idm=24670

NTCELL® CLINICAL STUDY IN PARKINSON'S MEETS ENDPOINTS

Living Cell Technologies Advancing Regenerative Cell Therapy into Larger Phase IIb Study to Evaluate Its Potential as a Disease-modifying Treatment   Company to Host Conference Call on Wednesday, June 17, at 3:30 p.m. Pacific Daylight Time   SYDNEY & AUCKLAND, New Zealand, June 15 (Bernama-BUSINESS WIRE) -- Living Cell Technologies Limited (LCT) today announced results from a Phase I/IIa clinical study of NTCELL®, an experimental regenerative cell therapy being studied as a disease-modifying agent in Parkinson’s disease. The study, conducted in four patients in New Zealand, met its primary endpoint of safety, showing NTCELL implantation was well tolerated, with no adverse events considered to be related to NTCELL. NTCELL implantation also improved clinical features of Parkinson’s disease in the four patients studied, as measured by validated neurological rating scales and questionnaires, with the improvement sustained at 26 weeks post-implant. http://mrem.bernama.com/viewsm.php?idm=24671

NTT COM NAMED AS A LEADER IN IDC ITMARKETSCAPE: ASIA/PACIFIC MANAGED SECURITY SERVICES 2015 VENDOR ASSESSMENT

TOKYO, June 15 (Bernama-BUSINESS WIRE) -- NTT Communications (NTT Com) (NYSE: NTT) announced today that it has been positioned as a Leader in International Data Corporation’s (IDC) first ever "IDC ITMarketScape: Asia/Pacific Managed Security Services 2015 Vendor Assessment" report (doc # AP251064, May 2015). The IDC ITMarketScape represents a vendor assessment including both quantitative and qualitative characteristics that define success in today’s managed security services market. http://mrem.bernama.com/viewsm.php?idm=24667

Innovix Distribution Partners with SAP to Strengthen Support to Malaysian SMEs

KUALA LUMPUR, Malaysia, June 12 (Bernama) -- Innovix Distribution (previously known as JOS Distribution), one of Asia's leading technology distributors, today announced that it has joined the SAP(R) PartnerEdge(R) Channel Program of the global enterprise application software leader, SAP in Malaysia.

http://mrem.bernama.com/viewsm.php?idm=24660

Triple-pronged, "All-Japan" Tourism Event Truly Comprehensive in Scope! -- Move. See. Feel.

TOKYO, June 12 (Bernama) -- The Japan Travel and Tourism Association (JTTA) and Japan Association of Travel Agents (JATA) announced on June 12 that they are launching the second annual JATA Tourism Expo Japan 2015 that will be held from September 24 through 27, 2015, at Tokyo Big Sight.

http://www.bernama.com/bernama/v8/newsindex.php?id=1143427

ANADIGICS Launches CATV Infrastructure Line Amplifiers With Industry's Highest RF Power Per DC Watt Consumed

New ACA2455 and ACA4733 GaN Line Amplifiers Leverage ANADIGICS' Innovative Proven-Power(TM)Technology to Deliver Exceptional Output Power with Minimal Current Consumption

COLOGNE, Germany, June 12 (Bernama) -- ANADIGICS, Inc. (Nasdaq:ANAD) ("ANADIGICS" or the "Company"), a world leader in radio frequency (RF) solutions, today introduced two new high-power GaN infrastructure line amplifiers for CATV systems at ANGA COM 2015. The ACA2455 and ACA4733 power doublers are optimized for fiber deep, Node+0 networks, and node segmentation/split upgrades by delivering world-class output power, linearity and efficiency. With only 12.7 Watts of DC power consumption, these new line amplifiers offer the lowest cost per bit for all-digital content delivery. This efficiency helps MSOs better manage operating costs over the life of the network.

http://mrem.bernama.com/viewsm.php?idm=24657

A.M. Best Upgrades Ratings of CBL Insurance Limited

SINGAPORE, June 12 (Bernama) -- A.M. Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and the issuer credit rating to "bbb" from "bbb-" of CBL Insurance Limited (CBL) (New Zealand). The outlook for the ratings has been revised to stable from positive.

The rating actions mainly recognize CBL's continued strong earnings trend driven by profitable underwriting, which has enabled it to consistently grow its capital base and regulatory solvency position. Additionally, the rating upgrade acknowledges CBL's demonstrated capability of underwriting niche insurance lines that are expected to achieve favorable loss and combined ratios.

http://mrem.bernama.com/viewsm.php?idm=24656

A.M. Best Affirms Ratings of The People's Insurance Company of China (Hong Kong), Limited

HONG KONG, June 12 (Bernama)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of The People's Insurance Company of China (Hong Kong), Limited (PICC HK) (Hong Kong). The outlook for both ratings is stable.

The ratings reflect PICC HK's favorable risk-adjusted capitalization level, consistently profitable operating results, and the business and capital support it receives from its parent, The People's Insurance Company (Group) of China Limited (PICC Group). The company is 75% owned by PICC Group. 
http://mrem.bernama.com/viewsm.php?idm=24655

Green Haven By Welton Development Sdn Bhd

KUALA LUMPUR, June 11 (Bernama) -- Welton Development Sdn Bhd, Johor developer for Green Haven serviced apartment is ecstatic with Green Haven Sales Gallery winning a highly commended award for Interior Design Show Home Asia Pacific 2015-2016 by their  Singapore based Interior Design Consultant  “0932” at the recent International Property Awards held in Kuala Lumpur this month.

“We are proud to partner with Singapore Interior Design Consultants 0932 as they have brought our architectural neo modern into the living spaces depicted in the show apartment sales gallery that targets to appeal to a multi generation families with Asian art ornaments in the midst of simple clean lines of spaces in this light airy ambience”, says Thomas C.Y. Ling, CEO of Welton Development Sdn Bhd.

http://mrem.bernama.com/viewsm.php?idm=24648

China UnionPay Chairman: Global UnionPay Card Issuance Exceeds 5 Billion

SHANGHAI, China, June 11 (Bernama) -- The cumulative number of UnionPay cards issued globally has exceeded 5 billion and UnionPay has become Chinese residents' preferred payment brand, Ge Huayong, Chairman of China UnionPay, said at the opening ceremony of 2015 Shanghai City Campaign in Milano on June 10.

Ge said secure, convenient, preferential and innovative payment services are able to make life more convenient, stimulate consumption, facilitate trade and connect to the world in building smart cities, and UnionPay is seeking opportunities for growth in this trend.

http://mrem.bernama.com/viewsm.php?idm=24652

Daiwa House Industry Launches Landed Housing Business In Malaysia

OSAKA, Japan, June 11 (Bernama) -- Daiwa House Industry Co., Ltd. announced on June 11 that it entered into a business partnership with Malaysia's top property developer, Sunway Berhad (hereinafter, Sunway) (*1) the same day to collaborate on the development and sales of prefabricated landed houses. To this effect, we have established a joint venture company, Daiwa Sunway Development (hereinafter, DSD).

In summer 2015, DSD will begin construction of a total of 100 landed houses in Iskandar Malaysia (IM), located in the southern region of Johor, the second largest state by population in Malaysia. These houses will be constructed on land spanning approximately 5.3 ha within the Sunway Iskandar Project, a development zone within IM. In Japanese terms, this is equivalent to approximately 16,000 tsubo or roughly the size of the Tokyo Dome (*2). Sales are scheduled to begin in 2016.

http://mrem.bernama.com/viewsm.php?idm=24651

UMW Delivered 17 Rosenbauer Fire Fighting Vehicles To Malaysia Airports Holdings Berhad

SEPANG, June 11 (Bernama) -- UMW Equipment Sdn. Bhd., a company in the UMW Group, has delivered 17 units of Rosenbauer Panther Airport Fire Fighting Vehicles to Malaysia Airports Holdings Berhad (MAHB) on 5 June 2015.  These 17 fire fighting vehicles is the second phase of a fleet replacement programme that commenced in 2010.  Phase one saw 21 vehicles being delivered since 2010.
 
UMW Equipment also delivered a Rosenbauer Tactical Simulator which provides exposure on tactical elements that all machine operators as the key personnel in rescue and fire-fighting operations need to master.  By using the simulator, they will be well-trained to ensure that they are able to carry out rescue operations safely and efficiently. Malaysia is the first country in ASEAN to invest in a tactical simulator.

http://mrem.bernama.com/viewsm.php?idm=24650

A.M. Best Affirms Ratings of Wing Lung Insurance Company Limited

HONG KONG, June 11 (Bernama-BUSINESS WIRE)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Wing Lung Insurance Company Limited (WLI) (Hong Kong). The outlook for both ratings is stable.
 
The ratings reflect WLI’s solid risk-adjusted capitalization, profitable operating results and stable market presence in Hong Kong’s general insurance market.

http://mrem.bernama.com/viewsm.php?idm=24649

New Unisys Solutions Help Airlines and Airports Improve Passenger Experience at VIP Lounges

BLUE BELL, Pa., June 11 (Bernama) --

Intelligent passenger recognition systems allow airlines and airports to deliver personalized services to travelers while better managing access to lounges

Unisys Corporation (NYSE: UIS) http://www.unisys.com/ has expanded its portfolio of aviation industry solutions with three intelligent passenger recognition systems designed to help airlines and airports improve the passenger experience in their VIP lounges while reducing expenses and providing opportunities to generate ancillary revenue. http://www.unisys.com/offerings/industry-solutions/transportation-industry-solutions

http://www.bernama.com/bernama/v8/newsindex.php?id=1143008

Stellar Trading Systems to Connect to Nasdaq Futures

Direct Market Access to NFX Platform Offers Global Access to New Suite of Key Energy Futures

NEW YORK and LONDON, June 10 (Bernama) -- Stellar Trading Systems (Stellar) and Nasdaq today announce that Stellar will introduce connectivity to Nasdaq Futures, Inc. (NFX), following the official launch of the NFX platform in mid-2015. NFX is the exchange group's U.S.-based designated contract market (DCM), offering futures and options on key energy benchmarks, which includes oil, natural gas and U.S. power.

http://www.bernama.com/bernama/v8/newsindex.php?id=1142861

Raccoon to Launch "SUPER DELIVERY," World's Largest BtoB e-marketplace, to Get Japanese Products

TOKYO, June 10 /Kyodo JBN-AsiaNet/ --
 
Raccoon Co., Ltd. (securities code: 3031; TSE Mothers), which operates one of Japan's largest BtoB e-marketplaces, will launch the "SUPER DELIVERY" service on Aug. 25, 2015 to buy Japanese products as well as fashion items and general merchandise developed in Japan in 134 countries.
 
http://mrem.bernama.com/viewsm.php?idm=24642

Applications Now Being Accepted for 11th Hakuho Foundation Japanese Research Fellowship

TOKYO, June 10 /Kyodo JBN-AsiaNet / --
 
Hakuho Foundation, a public interest incorporated foundation based in Tokyo, Japan, began accepting applications for the 11th Hakuho Japanese Research Fellowship on June 10.

http://mrem.bernama.com/viewsm.php?idm=24641