BEIJING, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the Company has successfully closed a $500 million syndicated loan on June 24th. The US$500 million facility has a 3-year […]
Cisco, Nike join growing number of Western firms leaving Russia
MOSCOW (REUTERS) – Telecoms equipment-maker Cisco will wind down its business in Russia and Belarus, the company told Reuters on Thursday (June 23), as the pace of Western companies departing accelerates. The United States company stopped business operations, including sales and services, in the region in March. Cisco joined US sportswear-maker Nike which also said […]
Nutryfarm financial controller to resign about 4 months into the role
SINGAPORE (THE BUSINESS TIMES) – Nutryfarm International’s financial controller and joint company secretary Yang Kai Leong will step down from July 31 this year to pursue other career opportunities, the durian and health foods distributor said on Friday (June 24). The move comes around four months after his appointment on April 6 this year. The […]
Beware the dangers of sado-monetarism
NEW YORK (NYTIMES) – Sado-monetarism is having a moment. And one of the biggest risks now facing the US economy is that it will have too much influence over policy. This term, by the way, was coined by William Keegan to describe Margaret Thatcher’s economic policies. But sado-monetarist has come to mean a person who […]
Global M&A braces for dry spell as companies put expansion on hold
LONDON/NEW YORK (REUTERS) – Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the thirst of many corporate boards to expand through acquisitions. Russia’s invasion of Ukraine in February and fears that an economic recession is looming dealt a blow to merger and acquisition (M&A) activity in the […]
S’pore factory output surprises with 13.8% jump in May as chip demand surges
SINGAPORE – Singapore’s manufacturing output performed much better than expected in May, bolstered by strong demand for semiconductors from data centres and 5G markets. Factory output rose 13.8 per cent year on year, up from the revised 6.4 per cent increase in April, data from the Economic Development Board (EDB) showed on Friday (June 24). […]
China vows stricter checks on smaller banks after losses, abuses
BEIJING (BLOOMBERG) – China vowed to step up supervision of the nation’s smaller banks and crack down on illegal activities after investors potentially lost billions of dollars in a suspected financial scam in Henan province. The China Banking and Insurance Regulatory Commission will strengthen its oversight of shareholders at small- and medium-sized banks and restrain […]
Huize Holding Limited Reports First Quarter 2022 Unaudited Financial Results
SHENZHEN, China, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Financial and Operational Highlights […]
Eisai Signs the Public-Private Partnership “Kigali Declaration” for Eliminating Neglected Tropical Diseases
TOKYO, Jun 24, 2022 – (JCN Newswire via SEAPRWire.com) – Eisai Co., Ltd. announced today that Eisai has signed the Kigali Declaration announced at the Kigali Summit on Malaria and Neglected Tropical Diseases (NTDs) on June 23, 2022 in Kigali, the capital of the Republic of Rwanda, and expressed Eisai’s continued support for the elimination […]
RHT Rajan Menon Foundation’s GAIL Sustainability Forum shines spotlight on the road to COP27
SINGAPORE, Jun 24, 2022 – (ACN Newswire via SEAPRWire.com) – RHT Rajan Menon Foundation Ltd held its Greening ASEAN: Initiatives & Leadership (GAIL) Sustainability Forum, bringing together sustainability experts from across industries to examine the critical challenges caused by climate change, and provide insights to champion sustainable business. Ms Kaylee Kwok, Deputy Chairman of RHT […]
CleverTap Recognized by Great Place to Work Among India’s Great Mid-size Workplaces
MOUNTAIN VIEW, Calif. and MUMBAI, India, Jun 24, 2022 – (ACN Newswire via SEAPRWire.com) – CleverTap, the modern, integrated retention cloud, has been recognized by Great Place to Work(R) India as one of India’s Great Mid-size Workplaces 2022. CleverTap is recognized for creating and sustaining a high-trust, high performance work culture. In its 6th edition […]
Burning Rock Announces Changes to Board Composition
GUANGZHOU, China, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Burning Rock Biotech Limited (NASDAQ: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced the resignation of Mr. Jing Rong as a director from the Board, and the […]
Athenex 參與 Truist Securities 細胞治療座談會
紐約水牛城, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Athenex (NASDAQ: ATNX)是一家全球生物製藥公司,致力發現、開發及商業化旨在治療癌症和相關疾病的新型療法,今天宣佈 Athenex 細胞療法總裁 Daniel Lang 醫學…
Spritzer wins Platinum Award in Reader’s Digest Trusted Brands 2022
KUALA LUMPUR & TAIPING, Jun 24, 2022 – (ACN Newswire via SEAPRWire.com) – Spritzer is pleased to announce that the Company has recently won the Reader’s Digest’s Trusted Brands 2022 platinum award under the Food & Beverage – Bottled Water category. Dr. Chuah Chaw Teo, R&D Director of Spritzer Bhd; and Sheron White, Group Advertising […]
Fired Barclays CEO turns £1m into £600m start-up
LONDON (BLOOMBERG) – In an office not far from the Houses of Parliament, Antony Jenkins is plotting the future of global banking. His ambition is to serve one tenth of the world’s population – or one billion people – by providing the technology behind everything from checking savings to loans. Mr Jenkins’ business, 10x Banking […]
BlackRock plans Singapore expansion with dozens more employees
SINGAPORE (BLOOMBERG) – BlackRock is poised for a major expansion in Singapore as it follows other international firms looking to tap capital flows into South-east Asia. The world’s largest asset manager is in discussions to double its floor space at an office block in the city-state’s central business district, according to people familiar with the […]
Rwanda hosts Commonwealth summit amid rights concerns
Britain's Prime Minister Boris Johnson and his wife Carrie Johnson arrive for the Heads of Government Banquet, hosted by President Kagame of Rwanda, during the Commonwealth heads of government meeting in Kigali, Rwanda on June 23, 2022. (DAN KITWOOD / POOL PHOTO VIA AP) KIGALI – Commonwealth leaders meet in Kigali on Friday to discuss […]
Mexico records most daily COVID-19 cases since February
Nurses wait for people to come to get AstraZeneca or Pfizer COVID-19 vaccines at a vaccination center in Guadalajara, Jalisco state, Mexico on April 6, 2022. (ULISES RUIZ / AFP) BERLIN / MEXICO CITY – Mexico reported 16,133 new COVID-19 cases in the country on Thursday, the highest daily number reported since late February, according to […]
EU leaders grant Ukraine, Moldova EU candidate status
President of the European Council Charles Michel (center) gestures next to France's President Emmanuel Macron (left) and President of the European Commission Ursula von der Leyen (right) during a press conference as part of an European Council in Brussels on June 23, 2022. (JOHN THYS / AFP) BRUSSELS – European Union leaders have accepted Ukraine […]
Honda Joins Sustainable Aviation Fuel Review Panel
TOKYO, Jun 24, 2022 – (JCN Newswire via SEAPRWire.com) – Honda Motor Co., Ltd. today announced that, this month, it has joined the international technical review panel comprised of FAA and aviation OEMs (FAA / OEM Review Panel defined in ASTM D4054), which evaluates the safety of sustainable aviation fuels (SAF) and supports the standardization […]