Thursday, December 31, 2015

NASDAQ LINQ ENABLES FIRST-EVER PRIVATE SECURITIES ISSUANCE DOCUMENTED WITH BLOCKCHAIN TECHNOLOGY

NEW YORK, Dec 31 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) today announced that an issuer was able to use its Nasdaq Linq blockchain ledger technology to successfully complete and record a private securities transaction – the first of its kind using blockchain technology.  Chain.com, an inaugural Nasdaq Linq client and blockchain developer, documented its issuance of shares to a private investor using Nasdaq’s blockchain-enabled technology. This transaction represents a major advance in the application of blockchain technology for private companies.




Tuesday, December 29, 2015

CHINA (PINGXIANG) "CHINESE REDWOOD" FURNITURE INDEX REPORT ISSUED IN GUANGXI

NANNING, China, Dec. 29, 2015 /Xinhua-AsiaNet/--

On November 16, China national center for financial information index academy issued "China (Pingxiang) "Chinese Redwood" Furniture Index report(2015)"in South China's Pingxiang, Guangxi Zhuang Autonomous Region. According to the report, it is estimated that the industry of "Chinese Redwood" furniture will stay in a period of adjustment, and the rate of the adjustment would slow down. The leading index might bounce back from bottom line and the industry may revive in the next few years.


Monday, December 28, 2015

BERKSHIRE HATHAWAY SPECIALTY INSURANCE ENTERS SURETY MARKET IN ASIA, NAMES ANDREW HO HEAD OF BUSINESS UNIT

BOSTON, Dec 9 (Bernama-BUSINESS WIRE) -- Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it is entering the Surety market in Asia and appointed Andrew Ho as Vice President, Head of Surety, Asia.
 

“Our expansion into surety is indicative of our strategy to commit where our deep expertise and top-rated financial strength will create value for our customers,” said Marc Breuil, President of Asia, BHSI. “We are pleased to have Andrew leading our newest business segment, providing quality surety underwriting and responsive local service.”

Thursday, December 24, 2015

FOREIGN MINISTRY COLLEGIUM MEETING FOCUSED ON RUSSIA-ASEAN RELATIONS

KUALA LUMPUR, Dec 23 (Bernama) -- On December 22, a Foreign Ministry Collegium meeting took place that focused on Russia’s relations with the Association of Southeast Asian Nations (ASEAN) and its member countries.

In the context of the 20th anniversary of the Russian-ASEAN Dialogue Partnership, which will be observed in 2016, the meeting addressed the status and prospects for the development of cooperation with the ten member countries in bilateral and multilateral formats, as well as preparations for the anniversary Russia-ASEAN summit in Sochi next May.

http://mrem.bernama.com/viewsm.php?idm=25971

Saturday, December 19, 2015

CHINA-ASEAN MONETARY INDEX ISSUED IN NANNING

NANNING, China, Dec. 18, 2015 /Xinhua-AsiaNet/--
China Finance Corporate and Nanning Municipal jointly issued their first China-ASEAN Monetary Index(CAMI) on Tuesday in Nanning, capital city of Guangxi Zhuang Autonomous Region in Southern China. According to the index, the Chinese currency yuan, or Renminbi, has appreciated faster than that of ASEAN countries, and the rate is also faster than the appreciation of U.S. Dollar against ASEAN countries' currency.

CAMI is a comprehensive representation of the fluctuation of monetary exchange rate between Renminbi and currencies of ASEAN countries based on the data of monetary exchange rates of major currencies and trade between China and ASEAN countries. The index will provide efficient reference basis on monetary exchange for China-Asean Free Trade Area(CAFTA) and promote monetary and financial cooperation.

http://mrem.bernama.com/viewsm.php?idm=25955

FENETRE PARTNERS LAUNCHES B-TO-B SAKE DIRECT EXPORT SERVICE FROM JAPAN

TOKYO, Dec. 18, 2015 /Kyodo JBN-AsiaNet/ --

- Opening of "Import Sake from Japan" Website -

Fenetre Partners, Ltd. (hereafter "Fenetre Partners") and Genos Group KK (hereafter "Genos Group") launched the "Import Sake from Japan" website on December 17 to provide business-to-business export service of Japanese sake for overseas customers.

(Photo: http://prw.kyodonews.jp/opn/release/201512166538/)

Fenetre Partners is a leading consulting firm specializing in trade, investment, and international marketing. Founded in 2008, its clients include both foreign companies looking to enter the Japanese market and Japanese companies aspiring to go global. The firm has been conducting international projects for over 130 companies in the past 7 years.

http://mrem.bernama.com/viewsm.php?idm=25951

Friday, December 18, 2015

CURRENCY DEVALUATION CONTRIBUTES TO 28 PERCENT VOLUME SLUMP IN MAJOR APPLIANCES SALES IN RUSSIA IN 2015

SINGAPORE, Dec 10 (Bernama-BUSINESS WIRE) -- Euromonitor International released today new data on the global consumer appliances industry.
 

According to the new data, the consumer appliances market is expected to grow by two percent in retail volume terms in 2015, with volume sales of major appliances projected to increase by one percent. Russia and Brazil will post a dismal 2015, recording respectively 28 percent and six percent year-on-year volume declines in major appliances.