BEIJING, China, Oct.31, 2018 /Xinhua-AsiaNet/--
In the afternoon of October 25, 2018 Beijing Time, Seedland Real Estate held its grand opening of 2018 Media Press Conference themed "Seedland Leads Smart Life" in Beijing Jingyuan Art Center. This conference invited hundreds of domestic and international renowned media, including the well-known Chinese writer in the field of finance and economics, Wu Xiaobo, and the globally cutting-edge historian Yuval Harari. Honorably, both gave their sincere keynote speech.
During the conference, Seedland indicated their ongoing construction of SLS (Smart Life System), and presented the systematic analysis on the future Chinese residential life. Also, some collaborative partners of Seedland shared their practices, experiences, exploration and staged results in the areas of real estate, membership, household, community and health, etc. Seedland takes real estate as its core, and gradually builds up community smart solutions in addition to it, which could be seen in every detail of residents' life. Moreover, setting up the information file for every residential member, Seedland serves the convenience for the data circulation between real estate, commercial supporting, health, industry and even the third party diversity. Specifically saying, there are all kinds of technological smart household products designed by Seedland for different domestic projects, such as smart bed, smart wardrobe, smart shoe cabinet and more. Based on the easy access between cloud data and service information, Seedland builds up the true "smart health" community medical environment with the comprehensive smart system, and practices the medical service concept of timely service, high efficiency and individual caring in actual projects.
Founded in Guangzhou as a real estate enterprise in 2006, Seedland, is now aiming higher and more than just what real estate can do. The 12 years of forging ahead and bold attempt have made it into an industry-enabling platform company to provide smart life solutions and reenergizing the peer profession. Seedland's idea has not only brought forth a brand new concept of life, it will also provide a new sample mode for future direction of Chinese real estate industry.
Source: Seedland
--BERNAMA
Wednesday 31 October 2018
Muhamad Shahril appointed to Danajamin's board
KUALA LUMPUR, Oct 31 (Bernama) -- Danajamin Nasional Bhd (Danajamin) has appointed Muhamad Shahril Othman as its new non-independent non-executive director, effective Oct 19, 2018.
“We are confident that Muhamad Shahril’s valuable experience in investment, financing and risk matters will complement our existing BOD members.
“This will enable us to step confidently into the next phase of growth and perform our mandated role as the nation’s first financial guarantee insurer,” said Danajamin managing director and chief executive officer, Mohamed Nazri Omar, in a statement today.
Muhamad Shahril holds a Bachelor of Business Administration with Honours (Marketing) from Universiti Teknologi MARA, and a master’s degree in International Economics and Finance from University of Queensland, Australia.
He is currently serving in the Ministry of Finance as senior private secretary to secretary-general of the treasury.
-- BERNAMA
“We are confident that Muhamad Shahril’s valuable experience in investment, financing and risk matters will complement our existing BOD members.
“This will enable us to step confidently into the next phase of growth and perform our mandated role as the nation’s first financial guarantee insurer,” said Danajamin managing director and chief executive officer, Mohamed Nazri Omar, in a statement today.
Muhamad Shahril holds a Bachelor of Business Administration with Honours (Marketing) from Universiti Teknologi MARA, and a master’s degree in International Economics and Finance from University of Queensland, Australia.
He is currently serving in the Ministry of Finance as senior private secretary to secretary-general of the treasury.
-- BERNAMA
SEKAI HOTEL opens new site to experience Japan´s true ordinary culture
KUALA LUMPUR, Oct 31 (Bernama) -- SEKAI HOTEL Inc opened SEKAI HOTEL FUSE -- a redeveloped entire shopping street district that fronts Fuse Station in a local community that is roughly ten minutes by train from the center of Osaka, Japan’s second largest city.
The hotel believes that there is value in experiencing culture through tourism, particularly in terms of a deeper cultural experience that can be truly found within the ordinary lives of Japanese people, a statement said.
It working to create new tourism values that could be termed ordinary and trying to entice values from locations that are either further away from Japan’s urban centers or otherwise not known to tourists.
Our method has been to reject the amassing of regular hotel features, such as a front desk, guest rooms, gift shops, and activities, into a single gigantic building, and to instead redevelop entire communities as a hotel, reviving the now empty homes that you find, here and there, in those communities, a statement said.
Normal features placed within the walls of a hotel, like spas, restaurants and activities are provided in conjunction with local businesses, developing a community-based hotel where guests can enjoy wandering about the community.
The new hotel site was opened in a shopping district that has been a part of the community for more than fifty years. It shows the ordinary lives of Japanese people that were centered around the district. Tourists are able to experience the ordinary of Japan by visiting all shops in the district..
The location is also superlative in terms of transportation access with direct bus service from Kansai International Airport and direct train lines to famous tourist destinations including Universal Studios Japan, Dotonbori and Nara.
Sharing the SEKAI HOTEL concept of experiencing the ordinary to the whole world highlights its involvement in the significant issues that impact Japan’s non-urban communities, including an aging population, the flight of young people to urban centers, and the increasing number of abandoned homes, the statement added.
-- BERNAMA
Ratings of Hong Kong Dah Sing Insurance Company (1976) Limited affirmed
KUALA LUMPUR, Oct 31 (Bernama) – A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of ‘a-’ to Dah Sing Insurance Company (1976) Limited (DSI) Hong Kong.
The global rating agency A.M. Best said the outlook assigned to these credit ratings is stable.
According to a statement, DSI is a wholly owned subsidiary of Dah Sing Financial Holdings Limited (DSFH) – a Hong Kong based financial holding company and also listed on the Hong Kong Stock Exchange since 1987.
The ratings reflect DSI’s balance sheet strength, which A.M. Best said as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
A.M. Best added that the ratings also reflect the parental support from DSFH in terms of capital, brand recognition, business development, product distribution, risk management and operational support.
DSI received a material capital injection of HKD 1.35 billion (US$173 million) from DSFH in 2017. The company has also grown its capital base gradually from a full retention of net profits over the past five years. (US$1 = RM4.18)
A.M. Best expects the company’s risk-adjusted capitalization to remain robust over the short to intermediate term, supporting the anticipated increase in asset and underwriting risks driven by business expansion.
As a small-sized player with limited market share in Hong Kong’s non-life segment, DSI’s underwriting portfolio remains skewed toward motor and employees’ compensation businesses.
A.M. Best is a global rating agency and information provider, focused on the insurance industry. More details at www.ambest.com
-- BERNAMA
-- BERNAMA
ODAKYU GROUP STARTS SELLING 4 PACKAGE TOURS ALLOWING FOREIGN TRAVELERS TO ENJOY CHARMS ALONG ODAKYU RAILWAY LINES
TOKYO, Oct. 31, 2018 /Kyodo JBN- AsiaNet/ --
The Odakyu Group comprising Odakyu Electric Railway Co., Ltd., UDS Ltd. and ELLISTA Inc. began in October 2018 to sell four types of day tours allowing travelers from abroad to enjoy tourist attractions in areas along the Odakyu lines, which link Tokyo's Shinjuku with popular tourist spots such as the Hakone area and the Enoshima-Kamakura area in Kanagawa Prefecture.
On these tours, participants can visit 1) Yoyogi Uehara near Shinjuku and Shibuya in downtown Tokyo; 2) Shimokitazawa well known for young people's subculture; 3) nature-rich, sacred mountain Oyama also known as a historic site; and 4) Odawara, which is the gateway to Hakone and where there is a station on the Tokaido Shinkansen bullet train line. All the four tours are day trips requiring advance reservations. On all these tours, guides provide detailed information in English on local tourist attractions in these four respective areas.
Reservations for these tours can be made online as well as at INBOUND LEAGUE and Odakyu Sightseeing Service Center Shinjuku West for foreign tourists, both situated in Tokyo's Shinjuku Ward.
The Odakyu Group is determined to continue organizing tours for foreign travelers to allow them to enjoy tourist attractions along the Odakyu lines.
Details: https://ellista.jp/category/tour/ (ELLISTA)
https://www.odakyu.jp/english/support/lineup/#tour-admission-ticket
(Odakyu Electric Railway)
Overviews of the four tours
1. Yoyogi Uehara
1) Name: YOYOGI UEHARA Tasting Traditional Foods & Exploring Historical Spots
2) Price: 4,500 yen (campaign price: 4,000 yen)
3) Schedule: Wednesdays, Thursdays and Fridays
4) Duration: Two hours from 14:00 to 16:00
Photo1: YOYOGI UEHARA
https://kyodonewsprwire.jp/img/201810299668-O1-5pSi4u2k
2. Shimokitazawa
1) Name: SHIMOKITAZAWA Local Neighborhood Walk & Bar Hopping
2) Price: 6,000 yen (campaign price: 5,000 yen)
3) Schedule: Tuesdays, Thursdays and Fridays
4) Duration: Two hours from 17:00 to 19:00
Photo2: SHIMOKITAZAWA
https://kyodonewsprwire.jp/img/201810299668-O2-jvR5P19D
3. Oyama
1) Name: OYAMA Sacred Mountain Hike, 1 Hour from Shinjuku: 1-Day Hiking with
Locals to Mt. Oyama in Kanagawa
2) Price: 15,000 yen (campaign price: 14,000 yen)
3) Schedule: Thursdays and Fridays
4) Duration: Approximately six hours from 10:25 to 16:00
Photo3: OYAMA
https://kyodonewsprwire.jp/img/201810299668-O3-w34HxT1U
4. Odawara
1) Name: ODAWARA Castle Samurai Photo Tour
2) Price: 6,000 yen (campaign price: 5,000 yen)
3) Schedule: Mondays, Tuesdays and Wednesdays
4) Duration: Two hours from 11:00 to 13:00
Photo4: ODAWARA
https://kyodonewsprwire.jp/img/201810299668-O4-8AZ12bIg
Ticket counters
- ELLISTA at "INBOUND LEAGUE," a co-working space for providers of tourism-
related services for travelers from abroad
Tour desk: https://inbound-league.jp/en/service/
- Odakyu Sightseeing Service Center Shinjuku West:
https://www.odakyu.jp/english/support/center/
- ELLISTA website: https://ellista.jp/category/tour/
Other information:
Each tour is carried out on condition that at least two people participate. Each tour will be sold at its campaign price for a certain period following its release. (The date of termination has not been decided.)
About Odakyu Electric Railway Co., Ltd.
Odakyu Electric Railway, established in 1948, is one of Japan's major private railway companies. With the "Shinjuku" central transportation terminal in the capital of Japan, Odakyu lines extend to "Hakone," one of Japan's foremost hot spring tourist destinations, and "Enoshima-Kamakura," the historical seaside town close to the city center, and they are used not only for sightseeing but also by two million commuters traveling to work every day. In addition to transportation, Odakyu conducts a variety of other businesses, primarily in the Tokyo and Kanagawa areas, such as department stores, supermarkets, real estate, hotels and restaurants.
Source: Odakyu Group
--BERNAMA
The Odakyu Group comprising Odakyu Electric Railway Co., Ltd., UDS Ltd. and ELLISTA Inc. began in October 2018 to sell four types of day tours allowing travelers from abroad to enjoy tourist attractions in areas along the Odakyu lines, which link Tokyo's Shinjuku with popular tourist spots such as the Hakone area and the Enoshima-Kamakura area in Kanagawa Prefecture.
On these tours, participants can visit 1) Yoyogi Uehara near Shinjuku and Shibuya in downtown Tokyo; 2) Shimokitazawa well known for young people's subculture; 3) nature-rich, sacred mountain Oyama also known as a historic site; and 4) Odawara, which is the gateway to Hakone and where there is a station on the Tokaido Shinkansen bullet train line. All the four tours are day trips requiring advance reservations. On all these tours, guides provide detailed information in English on local tourist attractions in these four respective areas.
Reservations for these tours can be made online as well as at INBOUND LEAGUE and Odakyu Sightseeing Service Center Shinjuku West for foreign tourists, both situated in Tokyo's Shinjuku Ward.
The Odakyu Group is determined to continue organizing tours for foreign travelers to allow them to enjoy tourist attractions along the Odakyu lines.
Details: https://ellista.jp/category/tour/ (ELLISTA)
https://www.odakyu.jp/english/support/lineup/#tour-admission-ticket
(Odakyu Electric Railway)
Overviews of the four tours
1. Yoyogi Uehara
1) Name: YOYOGI UEHARA Tasting Traditional Foods & Exploring Historical Spots
2) Price: 4,500 yen (campaign price: 4,000 yen)
3) Schedule: Wednesdays, Thursdays and Fridays
4) Duration: Two hours from 14:00 to 16:00
Photo1: YOYOGI UEHARA
https://kyodonewsprwire.jp/img/201810299668-O1-5pSi4u2k
2. Shimokitazawa
1) Name: SHIMOKITAZAWA Local Neighborhood Walk & Bar Hopping
2) Price: 6,000 yen (campaign price: 5,000 yen)
3) Schedule: Tuesdays, Thursdays and Fridays
4) Duration: Two hours from 17:00 to 19:00
Photo2: SHIMOKITAZAWA
https://kyodonewsprwire.jp/img/201810299668-O2-jvR5P19D
3. Oyama
1) Name: OYAMA Sacred Mountain Hike, 1 Hour from Shinjuku: 1-Day Hiking with
Locals to Mt. Oyama in Kanagawa
2) Price: 15,000 yen (campaign price: 14,000 yen)
3) Schedule: Thursdays and Fridays
4) Duration: Approximately six hours from 10:25 to 16:00
Photo3: OYAMA
https://kyodonewsprwire.jp/img/201810299668-O3-w34HxT1U
4. Odawara
1) Name: ODAWARA Castle Samurai Photo Tour
2) Price: 6,000 yen (campaign price: 5,000 yen)
3) Schedule: Mondays, Tuesdays and Wednesdays
4) Duration: Two hours from 11:00 to 13:00
Photo4: ODAWARA
https://kyodonewsprwire.jp/img/201810299668-O4-8AZ12bIg
Ticket counters
- ELLISTA at "INBOUND LEAGUE," a co-working space for providers of tourism-
related services for travelers from abroad
Tour desk: https://inbound-league.jp/en/service/
- Odakyu Sightseeing Service Center Shinjuku West:
https://www.odakyu.jp/english/support/center/
- ELLISTA website: https://ellista.jp/category/tour/
Other information:
Each tour is carried out on condition that at least two people participate. Each tour will be sold at its campaign price for a certain period following its release. (The date of termination has not been decided.)
About Odakyu Electric Railway Co., Ltd.
Odakyu Electric Railway, established in 1948, is one of Japan's major private railway companies. With the "Shinjuku" central transportation terminal in the capital of Japan, Odakyu lines extend to "Hakone," one of Japan's foremost hot spring tourist destinations, and "Enoshima-Kamakura," the historical seaside town close to the city center, and they are used not only for sightseeing but also by two million commuters traveling to work every day. In addition to transportation, Odakyu conducts a variety of other businesses, primarily in the Tokyo and Kanagawa areas, such as department stores, supermarkets, real estate, hotels and restaurants.
Source: Odakyu Group
--BERNAMA
Japan's non-life insurance sector is stable - A.M. Best
KUALA LUMPUR, Oct 29 (Bernama) -- Japan’s non-life insurance sector has a stable outlook by A.M. Best, despite the elevated risks of catastrophe losses and modest economic expansion in the country.
The market has also demonstrated stable pricing conditions, according to a new Best’s Market Segment Report - “Market Segment Outlook: Japan Non-Life”.
A.M. Best said in a statement, two main factors will continue to foster stable pricing conditions among the non-life insurers in Japan – the presence of an effective reference rate system and an oligopolistic industry structure.
Additionally, in spite of the performance pressures arising from recent weather-related events, A.M. Best expects the industry to maintain very strong risk-adjusted capital positions.
Private companies operating in the sector also held solid risk-adjusted capital positions and profitable underwriting results despite economic- and weather-related pressures.
Japan’s overall market performance has remained quite profitable. The weighted average combined ratios for the private insurance segment generally remained under 95 per cent over the most recent five-year period.
However, the industry has been facing medium- to long-term challenges to grow its premium base, due to modest economic growth, falling accident rates resulting from advanced driver-assistance systems and the gradual shift in population demographics.
Despite these challenges, most private non-life insurers have continued to grow premium revenue, generate underwriting profits and maintain solid risk-adjusted capital positions that are supportive of their risk profiles.
A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. More details at www.ambest.com
-- BERNAMA
Tuesday 30 October 2018
TERNS PHARMACEUTICALS COMPLETES $80 MILLION SERIES B FINANCING TO ADVANCE PIPELINE OF DRUGS TO TREAT NASH AND CANCER
Proceeds to Support Development of Clinical and Preclinical NASH Candidates
Financing Led by Vivo Capital and OrbiMed, joined by Decheng Capital
Lilly Asia Ventures, the Series A investor, also investing in the Series B round
SAN MATEO, Calif. & SHANGHAI, Oct 30 (Bernama-BUSINESS WIRE) -- Terns Pharmaceuticals Inc., a global biopharmaceutical company focused on discovering and developing molecularly targeted, oral, small-molecule drugs to treat NASH and cancer, today announced the closing of an $80 million Series B financing.
“Since we launched the company a short time ago, we have been working diligently to advance our key programs and continue executing on our strategy to bring innovative therapeutics to underserved patients globally, and with this financing we are well positioned to continue to execute on that mission,” said Weidong Zhong, Ph.D., President and CEO of Terns. “We are excited about the progress we’ve made on our clinical and preclinical programs. Our lead programs TERN-101 and TERN-201 are on track to enter the clinic in the first half of 2019 and additional NASH programs are advancing rapidly towards preclinical development. The progress so far has put us one step closer to our goal of discovering effective and safe combination therapies for patients with NASH and liver fibrosis. We are grateful for the confidence and enthusiasm coming from our new and existing investors.”
“Terns leverages a combination of expertise in disease biology, medicinal chemistry, and extensive clinical development capabilities to build its high-quality and diverse pipeline for the treatment of NASH, offering an incredible opportunity to bring potentially promising new therapies to patients,” said Mr. Shan Fu, Vivo Capital's Managing Partner and Co-CEO. “We are excited to be co-leading a great group of investors and are believers in the novel approach Terns is taking. Vivo has substantial investment experience in the development of therapeutics for NASH. We believe that we will add value to the company in terms of its future development."
“Their approach of adopting global or region-specific development strategies for advancing new clinical-stage therapeutics is unique, and Terns has made tremendous progress since they recently launched,” said Carl Gordon, Ph.D., Managing Partner of OrbiMed. “This gives us great confidence in their ability to successfully sustain that forward trajectory.”
The financing was led by new investors Vivo Capital and OrbiMed, joined by new investor Decheng Capital; existing investor Lilly Asia Ventures also participated to provide continuous support.
About Terns Pharmaceuticals
Based in San Mateo, CA., and Shanghai, China, Terns Pharmaceuticals is a global biopharmaceutical company committed to discovering and developing molecularly targeted, oral, small-molecule drugs to treat liver disease and cancer. The company combines expertise in disease biology, medicinal chemistry and extensive clinical development capabilities in China to advance its growing pipeline of drug candidates that are optimized against clinically validated targets or targets that have significant preclinical validation. Using a capital-efficient drug discovery model, the company’s mission is to bring promising new therapies to patients in underserved markets via global and region-specific development programs. For more information, visit www.ternspharma.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181030005142/en/
Contact
for Terns Pharmaceuticals Inc.
US Media Contact:
Cory Tromblee, 617-571-7220
or
China Media Contact:
Eddy Wu, + 86 180 1631 1449
Source : Terns Pharmaceuticals Inc.
--BERNAMA
Financing Led by Vivo Capital and OrbiMed, joined by Decheng Capital
Lilly Asia Ventures, the Series A investor, also investing in the Series B round
SAN MATEO, Calif. & SHANGHAI, Oct 30 (Bernama-BUSINESS WIRE) -- Terns Pharmaceuticals Inc., a global biopharmaceutical company focused on discovering and developing molecularly targeted, oral, small-molecule drugs to treat NASH and cancer, today announced the closing of an $80 million Series B financing.
“Since we launched the company a short time ago, we have been working diligently to advance our key programs and continue executing on our strategy to bring innovative therapeutics to underserved patients globally, and with this financing we are well positioned to continue to execute on that mission,” said Weidong Zhong, Ph.D., President and CEO of Terns. “We are excited about the progress we’ve made on our clinical and preclinical programs. Our lead programs TERN-101 and TERN-201 are on track to enter the clinic in the first half of 2019 and additional NASH programs are advancing rapidly towards preclinical development. The progress so far has put us one step closer to our goal of discovering effective and safe combination therapies for patients with NASH and liver fibrosis. We are grateful for the confidence and enthusiasm coming from our new and existing investors.”
“Terns leverages a combination of expertise in disease biology, medicinal chemistry, and extensive clinical development capabilities to build its high-quality and diverse pipeline for the treatment of NASH, offering an incredible opportunity to bring potentially promising new therapies to patients,” said Mr. Shan Fu, Vivo Capital's Managing Partner and Co-CEO. “We are excited to be co-leading a great group of investors and are believers in the novel approach Terns is taking. Vivo has substantial investment experience in the development of therapeutics for NASH. We believe that we will add value to the company in terms of its future development."
“Their approach of adopting global or region-specific development strategies for advancing new clinical-stage therapeutics is unique, and Terns has made tremendous progress since they recently launched,” said Carl Gordon, Ph.D., Managing Partner of OrbiMed. “This gives us great confidence in their ability to successfully sustain that forward trajectory.”
The financing was led by new investors Vivo Capital and OrbiMed, joined by new investor Decheng Capital; existing investor Lilly Asia Ventures also participated to provide continuous support.
About Terns Pharmaceuticals
Based in San Mateo, CA., and Shanghai, China, Terns Pharmaceuticals is a global biopharmaceutical company committed to discovering and developing molecularly targeted, oral, small-molecule drugs to treat liver disease and cancer. The company combines expertise in disease biology, medicinal chemistry and extensive clinical development capabilities in China to advance its growing pipeline of drug candidates that are optimized against clinically validated targets or targets that have significant preclinical validation. Using a capital-efficient drug discovery model, the company’s mission is to bring promising new therapies to patients in underserved markets via global and region-specific development programs. For more information, visit www.ternspharma.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181030005142/en/
Contact
for Terns Pharmaceuticals Inc.
US Media Contact:
Cory Tromblee, 617-571-7220
or
China Media Contact:
Eddy Wu, + 86 180 1631 1449
Source : Terns Pharmaceuticals Inc.
--BERNAMA
TIDEISUN GROUP'S XPA CHANGES THE STABLE TOKEN GAME
HONG KONG, Oct 30 (Bernama-GLOBE NEWSWIRE) -- The TIDEiSun Group announced the integration of XPA Assets to several new financial services, including a stable token-based debit card. XPA Assets are a series of stable tokens pegged to different nations’ fiat currencies, with USX pegged to USD, JPX pegged to JPY and more. They are fixed to their respective nations’ fiat currencies generated using real assets as collateral with smart contracts, giving them the stability needed for day-to-day use.
XPA Assets’ unique distribution method distinguishes themselves from other contenders in the stable token market. Users mortgage fiat currency or cryptocurrency assets, then receive the stable token of their choice through a smart contract on the Ethereum blockchain, allowing users to see the transaction details of every XPA Asset on the blockchain. The wide range of currencies available also gives XPA Assets an advantage in an increasingly globalized cryptocurrency market.
After competitor Tether’s high-profile issues, TIDEiSun is betting that XPA Assets’ radical transparency will make them a fiat-pegged cryptocurrency that users will actually trust. By combining that trustworthiness with stable value, the XPA Assets series are poised to become a cryptocurrency for daily use, suitable for everything from buying coffee in the morning to large corporate transactions. TIDEiSun has developed mobile payment apps, a cryptocurrency ATM and debit card integration for this vision of the future.
“We need stable tokens more than ever in today’s uncertain and volatile cryptocurrency market. Users need a way to secure their investments to avoid volatility and market crashes,” said Robin Xie, TIDEiSun CEO, “XPA Assets will build a bridge between the fiat and cryptocurrency worlds, and our range of different services will allow users to move their assets freely for their own vision of investment.”
Anchoring digital assets to a fiat currency solves the volatility that plagues cryptocurrency investment and gives cryptocurrency the characteristics of the fiat that allow daily use and exchange. XPA Assets are safer investment prospects and practical enough to do what cryptocurrency was originally intended to accomplish: give people ownership of their own money, with the safety, privacy and trust that comes from relying on data, not imperfect institutions.
With TIDEiSun’s other services, such as the TideWallet, TidePay and TideBit Exchange, XPA Assets forms a holistic asset ecosystem with multiple capabilities. XPA provides the expectation for growth typical of other current cryptocurrencies, and XPA Assets provide a currency stable enough for long-term investment, token-to-token trades, and easy conversion to the fiat.
“We want to redefine currency as you know it,” says TIDEiSun Chairman Chen Ping, “We dream of a world where our XPA and XPA Assets have completely redefined the financial system, allowing people more fluidity and investment choices than ever before.”
About Us
TIDEiSun Group is a media, technology and investment group, with offices in Hong Kong, Taipei, Tokyo, Kuala Lumpur, and New York City.
XPA Assets’ unique distribution method distinguishes themselves from other contenders in the stable token market. Users mortgage fiat currency or cryptocurrency assets, then receive the stable token of their choice through a smart contract on the Ethereum blockchain, allowing users to see the transaction details of every XPA Asset on the blockchain. The wide range of currencies available also gives XPA Assets an advantage in an increasingly globalized cryptocurrency market.
After competitor Tether’s high-profile issues, TIDEiSun is betting that XPA Assets’ radical transparency will make them a fiat-pegged cryptocurrency that users will actually trust. By combining that trustworthiness with stable value, the XPA Assets series are poised to become a cryptocurrency for daily use, suitable for everything from buying coffee in the morning to large corporate transactions. TIDEiSun has developed mobile payment apps, a cryptocurrency ATM and debit card integration for this vision of the future.
“We need stable tokens more than ever in today’s uncertain and volatile cryptocurrency market. Users need a way to secure their investments to avoid volatility and market crashes,” said Robin Xie, TIDEiSun CEO, “XPA Assets will build a bridge between the fiat and cryptocurrency worlds, and our range of different services will allow users to move their assets freely for their own vision of investment.”
Anchoring digital assets to a fiat currency solves the volatility that plagues cryptocurrency investment and gives cryptocurrency the characteristics of the fiat that allow daily use and exchange. XPA Assets are safer investment prospects and practical enough to do what cryptocurrency was originally intended to accomplish: give people ownership of their own money, with the safety, privacy and trust that comes from relying on data, not imperfect institutions.
With TIDEiSun’s other services, such as the TideWallet, TidePay and TideBit Exchange, XPA Assets forms a holistic asset ecosystem with multiple capabilities. XPA provides the expectation for growth typical of other current cryptocurrencies, and XPA Assets provide a currency stable enough for long-term investment, token-to-token trades, and easy conversion to the fiat.
“We want to redefine currency as you know it,” says TIDEiSun Chairman Chen Ping, “We dream of a world where our XPA and XPA Assets have completely redefined the financial system, allowing people more fluidity and investment choices than ever before.”
About Us
TIDEiSun Group is a media, technology and investment group, with offices in Hong Kong, Taipei, Tokyo, Kuala Lumpur, and New York City.
Toshiba releases new IC for automotive applications
KUALA LUMPUR, Oct 30 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has added ‘TC35681IFTG’ – a new IC for automotive applications to its line-up of ICs compliant with Bluetooth® low energy (LE) core specification v5.0.
According to Toshiba in a statement, the highly expandable and integrated device is also expected to be fully AEC-Q100 qualified in the 2019 spring.
The new IC will deliver a wide operating temperature range, high RF transmission power and high RF reception sensitivity.
The mixed-signal TC35681IFTG contains both analog RF and baseband digital parts to provide a complete solution on a single chip.
When used in conjunction with an external non-volatile memory, the new IC becomes a fully-fledged application processor that temporarily loads applications and stores in internal RAM (76KB). It can also be combined with an external host processor.
Current applications include Remote Keyless Entry, On-Board Diagnostics to collect sensor data, Tire Pressure Monitoring Systems and other contributors to improved vehicle comfort and safety.
-- BERNAMA
Impact of government and regulatory support for local reinsurers varies in Asia's markets
KUALA LUMPUR, Oct 26 (Bernama) -- Government intervention and regulatory support can influence the development of insurance and reinsurance markets but the actual impact varies across markets in Asia, according to Best’s Special Report.
The report -- “Impact of Government and Regulatory Support for Local Reinsurers Varies in Asian Markets” -- stated that the desire to support social stability with a greater level of fiscal certainty is one key motivation for using (re)insurance as a policy tool.
“The impact of government initiatives can vary significantly by country and over time,” A.M. Best -- a global rating agency and information provider with a unique focus on the insurance industry – said in a statement.
The report stated government intervention does accelerate premium growth and it needs to be matched by strengthened enterprise risk management capabilities or else there could be a higher risk of earnings and capital volatility.
'Sharjah Declaration for Youth Empowerment' launched to face youth challenges in MENA region
KUALA LUMPUR, Oct 26 (Bernama) -- Sharjah -- the third largest emirate in the United Arab Emirates -- called on MENA member states and international community to collectively adopt and implement the ‘Sharjah Declaration for Youth Empowerment’ in response to the challenges facing Youth in the MENA region.
The declaration is a nine-point action agenda to empower youth and save their futures from the dangers of extremism. It is the outcome of a full day of discussions at the Investing in the Future Conference (IIFMENA), organised by global humanitarian organisation, TBHF.
Among the content are to put the acquisition of life skills at the centre of youth policy decision-making to prepare children and youth to leap into the future and promote policies that foster an enabling environment and recognise the important role of young women as agents of economic stabilisation and growth.
It also wanted to mainstream gender in all plans, policies and programmes aimed at empowering, protecting and supporting youth. It will utilise existing endeavors towards education reforms and the changing demographics as a window of opportunity to translate investment in human capital.
The region will coordinate efforts of governments, UN agencies, NGOs, academics and the private sector to transform education to enable flexible learning opportunities beyond schooling and to create conditions conducive to youth entrepreneurs.
All refugee youth are also ensured to be protected against violence, abuse and exploitation, and to have access healthcare and psychosocial support as well as taking the best interests of refugee youth as a primary consideration in all matters affecting their future.
The IIFMENA with themed ‘Youth – Crisis Challenges and Development Opportunities’ offered its global platform once every two years to address a pressing humanitarian problem in the MENA region, the statement said.
-- BERNAMA
-- BERNAMA
Monday 29 October 2018
EMQ WINS THE PRESTIGIOUS RED HERRING TOP 100 GLOBAL AWARD
SAN FRANCISCO & HONG KONG, Oct 29 (Bernama-BUSINESS WIRE) -- EMQ, a leading financial settlement network across Asia, has been honored as a winner of the prestigious 2018 Red Herring Top 100 Global award. The award recognizes the innovations and technologies of the leading startups from North America, Europe, and Asia.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181028005045/en/
The Red Herring Top 100, now in its 22nd year, is one of the most revered accolades in the industry. Winners of this year’s Top 100 Global were chosen by an independent expert panel of Judges and the Red Herring editorial team based on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
“At EMQ, we always strive to offer our customers the most flexible and comprehensive solutions, which empower them to expand into the exponentially growing markets through our extensive financial settlement network across Asia,” said Max Liu, Co-founder and CEO, EMQ. “We are honored to be recognized by Red Herring, which is a testament to the entire EMQ team for our commitment to customer service excellence and technological innovation in redefining the payments ecosystem.”
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe EMQ embodies the vision, drive and innovation that define a successful entrepreneurial venture. EMQ should be proud of its accomplishment.”
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
About EMQ
EMQ is a leading financial settlement network in Asia, providing secure and affordable money transfer options for businesses and individuals. With our assets anchored in Asia, EMQ has established an extensive and regulatory-approved network that provides immediate access to thousands of distribution points across North and Southeast Asia. For more information, www.emq.com
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181028005045/en/
Contact
Media:
EMQ
Genevieve Li, +852 9200 3892
Genevieve@emq.com
Source : EMQ
--BERNAMA
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181028005045/en/
The Red Herring Top 100, now in its 22nd year, is one of the most revered accolades in the industry. Winners of this year’s Top 100 Global were chosen by an independent expert panel of Judges and the Red Herring editorial team based on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
“At EMQ, we always strive to offer our customers the most flexible and comprehensive solutions, which empower them to expand into the exponentially growing markets through our extensive financial settlement network across Asia,” said Max Liu, Co-founder and CEO, EMQ. “We are honored to be recognized by Red Herring, which is a testament to the entire EMQ team for our commitment to customer service excellence and technological innovation in redefining the payments ecosystem.”
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe EMQ embodies the vision, drive and innovation that define a successful entrepreneurial venture. EMQ should be proud of its accomplishment.”
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
About EMQ
EMQ is a leading financial settlement network in Asia, providing secure and affordable money transfer options for businesses and individuals. With our assets anchored in Asia, EMQ has established an extensive and regulatory-approved network that provides immediate access to thousands of distribution points across North and Southeast Asia. For more information, www.emq.com
About Red Herring
Red Herring is a global media company which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181028005045/en/
Contact
Media:
EMQ
Genevieve Li, +852 9200 3892
Genevieve@emq.com
Source : EMQ
--BERNAMA
CLOUDFLARE CONTINUES GROWTH WITH RECORD NEW PRODUCTS IN Q3 2018
The company continues to expand its network capacity and offerings for all customers
SAN FRANCISCO, Oct 29 (Bernama-BUSINESS WIRE) -- Cloudflare, the leading Internet performance and security company, today announced results from the third quarter of 2018. Cloudflare announced 15 new offerings in the third quarter and is now protecting and accelerating more than 10 million domains, websites, APIs, mobile applications, and anything connected to the Internet.
“Our third quarter is always a special time for us. Cloudflare celebrated its eighth birthday on September 27th, and in our birthday tradition, we celebrated by giving back to the Internet with ten new offerings,” said Matthew Prince, co-founder and CEO of Cloudflare. “Every year, we release solutions that will have lasting impacts on the Internet and solve some of its toughest challenges. This year was no different, and we truly continued our mission of helping to build a better Internet.”
Cloudflare announced five solutions and advancements in cryptography to help make the Internet more secure for everyone during its “Crypto Week” in September. This included Cloudflare’s Distributed Web Gateway, a fast and secure way to access content stored on the peer-to-peer file system, DNSSEC, to simplify and automate DNSSEC provisioning for customers and increase overall adoption, RPKI, a feature which authenticates and validates IP addresses within Cloudflare's global network, Cloudflare Onion, to improve security and reduce friction for visitors using Tor on Cloudflare’s network, and Roughtime, a solution that reduces TLS certificate errors and ultimately malicious actors by using an authenticated timestamp service.
Cloudflare celebrated its eighth birthday by making five announcements that give back to the Internet at large during its “Birthday Week.” Cloudflare became the first CDN to deploy the Encrypted SNI (ESNI) standard, which further protects the privacy of online users. Cloudflare also announced QUIC, a protocol that improves web security and performance for all visitors using the latest browsers, and Cloudflare Registrar, the first domain registrar available at the wholesale price. With the launch of Workers KV, developers can now use Cloudflare Workers and Workers KV to augment existing apps or build entirely new apps on top of the Cloudflare network.
During Birthday Week, Cloudflare also announced the Bandwidth Alliance, a collection of forward-thinking cloud companies including Microsoft Azure, IBM Cloud, Digital Ocean, and more. Bandwidth Alliance members have committed to waiving or greatly reducing bandwidth fees for customers when interconnecting directly to Cloudflare’s network.
In July, Cloudflare launched general availability of Stream, a new way for content owners and app developers to integrate video into any application or website. In addition, Cloudflare is continuing to expand its network across the world and now has a network capacity of 20Tbps.
Cloudflare now has more than 800 employees, up from 475 just over a year ago, and recently opened an office in San Jose, California. The company continues to grow its engineering, sales, marketing, and support teams across its offices worldwide.
To learn more about Cloudflare, please check out the resources below.
SAN FRANCISCO, Oct 29 (Bernama-BUSINESS WIRE) -- Cloudflare, the leading Internet performance and security company, today announced results from the third quarter of 2018. Cloudflare announced 15 new offerings in the third quarter and is now protecting and accelerating more than 10 million domains, websites, APIs, mobile applications, and anything connected to the Internet.
“Our third quarter is always a special time for us. Cloudflare celebrated its eighth birthday on September 27th, and in our birthday tradition, we celebrated by giving back to the Internet with ten new offerings,” said Matthew Prince, co-founder and CEO of Cloudflare. “Every year, we release solutions that will have lasting impacts on the Internet and solve some of its toughest challenges. This year was no different, and we truly continued our mission of helping to build a better Internet.”
Cloudflare announced five solutions and advancements in cryptography to help make the Internet more secure for everyone during its “Crypto Week” in September. This included Cloudflare’s Distributed Web Gateway, a fast and secure way to access content stored on the peer-to-peer file system, DNSSEC, to simplify and automate DNSSEC provisioning for customers and increase overall adoption, RPKI, a feature which authenticates and validates IP addresses within Cloudflare's global network, Cloudflare Onion, to improve security and reduce friction for visitors using Tor on Cloudflare’s network, and Roughtime, a solution that reduces TLS certificate errors and ultimately malicious actors by using an authenticated timestamp service.
Cloudflare celebrated its eighth birthday by making five announcements that give back to the Internet at large during its “Birthday Week.” Cloudflare became the first CDN to deploy the Encrypted SNI (ESNI) standard, which further protects the privacy of online users. Cloudflare also announced QUIC, a protocol that improves web security and performance for all visitors using the latest browsers, and Cloudflare Registrar, the first domain registrar available at the wholesale price. With the launch of Workers KV, developers can now use Cloudflare Workers and Workers KV to augment existing apps or build entirely new apps on top of the Cloudflare network.
During Birthday Week, Cloudflare also announced the Bandwidth Alliance, a collection of forward-thinking cloud companies including Microsoft Azure, IBM Cloud, Digital Ocean, and more. Bandwidth Alliance members have committed to waiving or greatly reducing bandwidth fees for customers when interconnecting directly to Cloudflare’s network.
In July, Cloudflare launched general availability of Stream, a new way for content owners and app developers to integrate video into any application or website. In addition, Cloudflare is continuing to expand its network across the world and now has a network capacity of 20Tbps.
Cloudflare now has more than 800 employees, up from 475 just over a year ago, and recently opened an office in San Jose, California. The company continues to grow its engineering, sales, marketing, and support teams across its offices worldwide.
To learn more about Cloudflare, please check out the resources below.
About Cloudflare
Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Today the company runs one of the world’s largest networks that powers more than 10 trillion requests per month, which is nearly 10 percent of all Internet requests. Cloudflare protects and accelerates any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with each new site added. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was recognized by the World Economic Forum as a Technology Pioneer, named the Most Innovative Network & Internet Technology Company for two years running by the Wall Street Journal, and ranked among the world's 50 most innovative companies by Fast Company. Headquartered in San Francisco, CA, Cloudflare has offices in San Jose, CA, Austin, TX, Champaign, IL, New York, NY, Washington, D.C., London, Munich, and Singapore.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181026005477/en/
Contact
Cloudflare, Inc.
Daniella Vallurupalli
press@cloudflare.com
Source : Cloudflare, Inc.
Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Today the company runs one of the world’s largest networks that powers more than 10 trillion requests per month, which is nearly 10 percent of all Internet requests. Cloudflare protects and accelerates any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with each new site added. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was recognized by the World Economic Forum as a Technology Pioneer, named the Most Innovative Network & Internet Technology Company for two years running by the Wall Street Journal, and ranked among the world's 50 most innovative companies by Fast Company. Headquartered in San Francisco, CA, Cloudflare has offices in San Jose, CA, Austin, TX, Champaign, IL, New York, NY, Washington, D.C., London, Munich, and Singapore.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181026005477/en/
Contact
Cloudflare, Inc.
Daniella Vallurupalli
press@cloudflare.com
Source : Cloudflare, Inc.
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