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NOV
15

Highly anticipated JD Coin launched in Idaho to take the Crypto World by Storm

BOISE, Idaho, Nov. 15, 2019 /PRNewswire/ -- JD Coin, a popular player in the emerging Cryptocurrency world announced the release of their much awaited utility coin. Although relatively new in the field, JD Coin is registered with Financial Crimes Enforcement Network (FinCen) under US Department of Treasury. The company is listed on top 3 popular exchanges namely FatBTC, Bilaxy & Coinsbit and is also the proud Silver Partner of Voice of Blockchain, Chicago 2019.The launch was held at The State of Idaho, United States of America. Present for the launch along with other dignitaries were Founders of JD Coin, Jhon Banga, Deepak Prashar and Bhupinder Singh and you can reach out to them at https://www.jdcoin.us.

With an audience of crypto enthusiasts and crypto visionaries gathered together, you will be able to explore the scope of building knowledge and also scope of exciting business opportunities of investing in JD Coin. JD Coin has formed an effective Anti-Money Laundering (AML) program that further validates JD Coin's credibility.

About JD Coin

With Utility as its strength, JD Coin has carved its niche in this incredible virtual world especially by aiming to provide its customers a continuous use of their coin to meet some of their real needs.

What Makes JD Coin Unique?

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NOV
15

Pioneering Zhongshan pursuing quality development, seizing strategic opportunities

ZHONGSHAN, China, Nov. 15, 2019 /PRNewswire/ -- All sectors of society in China commemorated the 153rd anniversary of Sun Yat-sen's birth in various forms on November 12, 2019. A memorial ceremony of the great national hero, who pioneered China's democratic revolution, was held in the Museum of the Former Residence of Dr. Sun Yat-sen in Zhongshan, a city of South China's Guangdong Province and the hometown of the patriot. About 200 leading figures attended the event, according to the Publicity Department of the CPC Zhongshan Municipal Committee.

To the east of the city lies Lingdingyang, whose waters are still warm in the early winter. At the construction site of the Shenzhen-Zhongshan Bridge, engineers are busy working and the machines humming.

The Guangdong-Hong Kong-Macao Greater Bay Area has become more coordinated in its development, and the support for Shenzhen to build the pilot demonstration area of socialism with Chinese characteristics has become more concrete, as the construction of the Hong Kong-Zhuhai-Macao Bridge and the Shenzhen-Zhongshan Bridge brings closer the coastal area of the South China Sea and both sides of the Pearl River. Against the backdrop, Zhongshan has continued its tradition of taking the lead while seizing historical and strategic opportunities of building the two areas for its long-term development. The city aims at underpinning the integrated development of both sides of the Pearl River as a hub of the coastal economic belt and a vital force for the Bay Area.

Pioneering reform and opening up and the Bay Area integration

In the early years of reform and opening up, the courageous Zhongshan people led China in foreign cooperation and reforming rural institutions, making the city one of the "Four Guangdong Tigers" spearheading economic development. For years Zhongshan has been among leading economies in Guangdong, though it comprises a mere 1% of the province's total land area with 3% of the provincial permanent population.

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NOV
15

Jupai to Report Third Quarter 2019 Financial Results on November 22, 2019

SHANGHAI, Nov. 15, 2019 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2019, before the U.S. markets open on Friday, November 22, 2019.

Jupai's management will host an earnings conference call on November 22, 2019 at 7:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong time).

Dial-in details for the earnings conference call are as follows:

U.S./International:

 +1-845-675-0437 or +1-866-519-4004

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NOV
15

Puxin Limited to Hold Annual General Meeting on Dec 19, 2019

BEIJING, Nov. 15, 2019 /PRNewswire/ -- Puxin Limited (NYSE: NEW) ("Puxin" or the "Company"), a successful consolidator of the after-school education industry in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at Floor 16, Chuangfu Mansion, No. 18 Danling Street, Haidian District, Beijing, People's Republic of China on December 19, 2019 at 9:00 am - 11:00 am (Beijing Time).

No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and beneficial owners of the Company's American Depositary Shares ("ADSs") to discuss Company affairs with management.

The record date (the "Record Date") for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof has been set as the close of business on November 18, 2019.

Holders of record of the Company's ordinary shares at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Beneficial owners of the Company's ADSs are also welcome to attend the AGM in person.

About Puxin Limited

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NOV
15

Kalkine launches its New Zealand Operations Under its Global Expansion Vision

AUCKLAND, New Zealand, Nov. 15, 2019 /PRNewswire/ -- Most of the popular business magnates have made a fortune by investing in the high-potential equity market and making wise investment decisions. In this regard, Kalkine has been helping investors achieve success in the complex equity market by providing relevant recommendations on diversified stocks, and catering to investors' requirements across various jurisdictions. The company's research reports help investors cherry-pick opportunities that have the potential of delivering attractive returns and suit their investment requirements. Moreover, the company runs a media platform covering market updates pertaining to different sectors, with stocks from different market cap buckets, and macro-economic events.

Overall, Kalkine operates with a global vision, aiming to expand its footprint across the world. The company already has a strong foothold in Australia since early 2014 and has expanded its geographical coverage to the UK effective February 2019.

Driven by a profitable and successful stint as a leading equity research firm to Australian and UK clients, Kalkine is on track to expand into other jurisdictions with New Zealand (NZ) currently on radar. The NZ operations are commencing in November 2019, with an aim to offer media and subscription-based equity research -oriented solutions to the people of New Zealand.

Looking at the specifics of our operations, the company works with the key goal to provide rational investment ideas as well as financial and market update to clients that enable them to undertake judicious decisions and achieve success in complex and dynamic stock markets. With a global vision at hand, Kalkine's research team of professional financial experts engages in both qualitative and quantitative stock market research for offering sound buy/sell/hold recommendations and stock selection tips. On the basis of these recommendations, investors can conveniently choose their yardstick and potentially earn significant returns. Thus, our New Zealanders will get an opportunity to evaluate investment opportunities for income or growth.

With respect to Kalkine's Media related operations, we provide a knowledge bank entailing various comprehensively researched work products, news as well as articles on listed companies (Blue-chip, mid-cap and small-cap companies) along with market commentaries, insights on globally traded commodities, macro- and micro- economic updates that drive the markets on a day to day basis. The goal is to keep the general public or investors updated about the ongoing and latest developments in equity and economic space through our digital publication platform. We also engage with companies to better understand their business and overall vision in the industrial landscape in order to give our investors an extensive view in the equity space.

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NOV
15

Sales Volume of TCL Brand TVs in First Three Quarters of 2019 Soared 21.2% Y-O-Y

HONG KONG, Nov. 15, 2019 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or "the Company", stock code: 01070.HK) is pleased to announce that sales volume of TCL brand TVs in global markets surged by 21.2% year-on-year for the first three quarters of 2019. In accordance to Sigmaintel, the total TV shipment of the Company continuously mounted up and ranked No.2 globally with a market share of 13.2% gaining 1.1 percentage points from the same period of last year, which turns out to be the largest market share gain among the global top 3 TV brands and a narrower gap from the No.1 brand.

The Company continued to reap on its globalization strategy for the first three quarters of this year. The sales volume of TCL brand TVs in overseas markets rapidly increased by 33%, at a faster pace than that the Company had set for the whole year of 2019. Overseas markets, as the key driver for the Company's growth, recorded robust year-on-year growth across all major markets of the Company.

Growth in North American markets remained strong with a 31.7% year-on-year growth in sales volume. Contribution from sales volume sold through premium distributors grew up tremendously and product mix was further optimized. Sourced from the latest NPD market research report, TCL brand TVs sold in the US for the first three quarters of 2019 gained 3.3 percentage points in market share, representing 16.5% of total TV sets sold in the market. The gap of market share has been narrowed from 9.1 percentage points to 3 percentage points between TCL brand TVs and the first ranked brand. In March and July respectively, TCL brand TVs topped the US market in terms of sales volume. Besides, since the Company extended its business to Canada last November, it developed the market very quickly and ranked top 5 with a market share of 7.4% in terms of sales volume.

The sales volume of TCL brand TVs in the European market increased by 24.1% and 33% year-on-year in the first three quarters and in the third quarter respectively. In the first three quarters, the sales volume of TCL TVs in Spain, Italy, France and Germany significantly increased by 247%, 236%, 108% and 101% respectively. Noticeably, according to GfK data, TCL ranked No.3 in France in terms of market share for the first three quarters of 2019.

In emerging markets, sales volume of TCL brand TVs in the first three quarters grew by 36.5% year-on-year, while the growth rate in the third quarter even achieved more than 50% year-on-year. India, Argentina, Australia, Indonesia, Brazil and Russia are fast-growing markets with sales volume rising by 191%, 99%, 69%, 55%, 47% and 34%, respectively. Brazilian and Indian markets performed extraordinarily well where the Company ranked top five in terms of TV sales volume. In Australia, the Company's market share for the first time jumped to No. 1 in the third quarter (source: GfK).

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NOV
15

Global business leaders gather in Singapore for the launch of YPO's Networks Converge

A networking and roundtable series held in Singapore on 6-8 November 2019

SINGAPORE, Nov. 15, 2019 /PRNewswire/ -- More than 100 chief executives from 15 countries around the globe gathered from 6-8 November in Singapore for the launch of Networks Converge, a networking event hosted by YPO, the premier global leadership community for chief executives. The overarching theme for this inaugural event was "Always with the Future in Mind." For three days, leaders from the digital and marketing, hotel, food & beverage as well as real estate & construction industries gathered for networking, cross industry collaboration, and learning discussions on the digital future, the shared economy, sustainability, business innovation and other major business trends

Speaking at a fireside chat on Wednesday, 6 November on the opening day of Networks Converge, YPO Chairman Elizabeth Zucker noted, "One of the main reasons why members join our organization is to be part of a community of peers who connect at a deeper level. YPO networks provide such an extraordinary opportunity for members who share similar passions to learn, connect and collaborate. I'm thrilled to have been part of our first Networks Converge event, and Singapore was the perfect international location for it."

In his opening keynote speech at YPO's Networks Converge on Thursday, 7 November, Singapore's Minister for National Development Mr. Lawrence Wong shared Singapore's urban planning experiences and strategies with global business leaders saying, "We plan on making our city smarter and are harnessing technology across a whole lot of different areas." He then cited examples of how Singapore is using drones for building inspections, testing autonomous vehicles and shuttles, and building 5G standalone networks. Mr. Wong added that while technology is a big push when building better cities, the imperative is to have a city that is people-centred, and planning strategies should focus on creating attractive places where people can live, work and play. Mr. Wong also commented, "We are pushing for Singapore to be one of the greenest and most sustainable cities in the world," and elaborated on plans to continue to enhance Singapore's greenery, ramp up deployment of renewable power as well as scale up on green buildings.

YPO's Networks Converge featured many additional speakers who shared their groundbreaking approaches to tackling challenges and opportunities in business and beyond including:

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NOV
15

Wheaton Precious Metals Reports Strong Growth in Earnings and Cash Flow and Declares Fourth Quarterly Dividend of 2019

TSX: WPM
NYSE: WPM

VANCOUVER, British Columbia, Nov. 15, 2019 /PRNewswire/ -- Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce its results for the third quarter ended September 30, 2019. All figures are presented in United States dollars unless otherwise noted.

In the third quarter of 2019, Wheaton generated over $140 million in operating cash flow resulting in adjusted net earnings of over $70 million, an increase of 31% and 107%, respectively. In addition, Wheaton had attributable gold production of over 100,000 ounces and remains on track for record annual gold production in 2019.

Operational Overview




Q3 2019

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NOV
15

EPIKInDiFi Launches its 'Digital Self-Service' Collection Product, ClickEZ

MUMBAI, India, Nov. 15, 2019 /PRNewswire/ --

Key features of ClickEZ

  • Intuitive - highly engaging Customer Experience which allows customers to interact at the time of choosing through a Digital-Self-Service Portal
  • Personalised - Using predictive analytics and data-driven intelligence, lenders can personalise communication
  • Effective - Using neurodesign technology in the UX process, it ensures better ROI for banks and credit providers

Key take-away

  • Ease of scaling the collection operations without manpower increase
  • Significant cost reduction as compared to traditional in-house collection model

EPIKInDiFi, a scale up niche software solutions company founded in Chennai, India in 2017 by a team of bankers, technologists and entrepreneurs, has launched its latest product ClickEZ, which is a next-generation 'Digital Self-Service' collection product providing a highly engaging customer experience while allowing lenders to use its predictive analytics and data-driven intelligence to personalize communication to every micro-segment of its customer base.

ClickEZ is designed to offer customers the feature of making payments on its platform, which is integrated with leading payment gateways with a fully automated status update mechanism. ClickEZ also provides for a payment plan option to arrange for overdue payments with flexibility of changing the frequency, amount and start date; which is under the control of the lender thereby improving collection success rates. For lenders employing this solution, ClickEZ provides benefits of ease of scaling the collection operations without manpower increase leading to significant cost reduction in operations while providing an effective, personalized and engaging customer experience

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NOV
15

Cango Inc. Reports Third Quarter 2019 Unaudited Financial Results and Issues Notice of Annual General Meeting

SHANGHAI, Nov. 15, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the third quarter of 2019.

Third Quarter 2019 Financial and Operational Highlights

  • Total revenues in the third quarter of 2019 were RMB351.3 million (US$49.1 million), representing a year-over-year increase of 23.2% and outperforming the high end of the Company's guidance by 8.1%.
  • After-market services facilitation revenues in the third quarter of 2019 were RMB40.7 million (US$5.7 million), continuing to serve as an important driver for the Company's revenue growth.
  • Income from operations in the third quarter of 2019 increased by 17.8% to RMB89.7 million (US$12.6 million) from RMB76.2 million in the corresponding period of 2018.
  • Net income in the third quarter of 2019 increased by 14.9% to RMB122.1 million (US$17.1million) from RMB106.3 million in the corresponding period of 2018. Non-GAAP net income in the third quarter of 2019 increased by 21.5% to RMB146.0 million (US$20.4 million) from RMB120.2 million in the corresponding period of 2018.
  • The amount of financing transactions the Company facilitated in the third quarter of 2019 totaled RMB5,769.4 million (US$807.2 million). The total outstanding balance of financing transactions the Company facilitated was RMB36,500.5 million (US$5,106.6 million) as of September 30, 2019.
  • M1+ and M3+ overdue ratios for all financing transactions that remained outstanding and were facilitated by the Company were 0.85% and 0.33%, respectively, as of September 30, 2019, as compared to 0.72% and 0.30%, respectively, as of June 30, 2019.
  • The number of dealers covered by the Company continued to grow sequentially, reaching 49,396 as of September 30, 2019, compared to 48,367 as of June 30, 2019.

Mr. Jiayuan Lin, Chief Executive Officer of Cango, commented, "In the face of adverse market conditions and industry-wide challenges, we remained focused on executing our growth strategies in the third quarter. Accordingly, we further expanded our dealership coverage, optimized our service offerings, and leveraged our industry partnerships to deliver a robust financial performance. In particular, we continued to hone our core competencies in the auto financing market through our auto loan facilitation services. Our burgeoning dealership network and highly efficient direct coverage model also enabled us to enhance the operating capacities of our partnered dealers, further improving both our service quality and efficiency in turn.

Additionally, we focused on accelerating the development of our after-market services, which have become an integral component of our long-term growth strategy. Going forward, we expect the near-term headwinds and macroeconomic slowdown to persist throughout the first half of 2020. Nonetheless, we are confident in the strength of the foundation we have built through our leadership in the auto financing market as well as strategic partnerships with some of China's largest financial institutions and original equipment manufacturers (OEMs)."

Mr. Yongyi Zhang, Chief Financial Officer of Cango, stated, "In the face of difficult macroeconomic conditions and the contraction of China's auto market, we maintained our strong growth momentum to deliver solid financial results in the third quarter of 2019. Our total revenues increased by 23.2% year over year to RMB351.3 million in the third quarter. Our after-market services facilitation business continued to serve as an important growth engine, contributing RMB40.7 million or 11.6% of our total revenues in the third quarter. More importantly, we also expanded our profitability as a result of the increased economies of scale as well as the successful implementation of our cost control initiatives. Our income from operations and net income increased, by 17.8% and 14.9% to RMB89.7 million and RMB122.1 million, respectively, in the third quarter of 2019. Going forward, we plan to continue investing in the expansion of our geographic footprint, refinement of our service offerings, and development of cutting-edge technology. We will forge ahead and strengthen our ties with additional financial institutions and OEMs, further propelling our growth trajectory in spite of the challenging macroeconomic situation."

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