Latest Bank of China Beijin (BACHF) Headlines
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China Sees More Currency Volatility as Central Bank Seeks to Discourage Idea That Yuan is a "One-Way Trade," Says Market Vectors' Rodilosso
Business Wire - Thu Mar 06, 4:19PM CST
Faced with the task of cooling off its credit markets and discouraging excessive foreign currency flows, China has recently demonstrated a willingness to let the value of its currency decline, contrary to the long-held belief that buying the renminbi was effectively a "one-way trade," according to Fran Rodilosso, fixed income portfolio manager for Market Vectors ETFs.
FXPRIMUS Market Brief of the Week: The Depreciation of the RMB Reflects the People Bank of China's (PBOC) Policy Stance
Marketwire - Wed Mar 05, 12:39AM CST
In FXPRIMUS' Market Brief of The Week for 3 March, the brokerage firm's Senior Economist, Jimmy Zhu, looks at how the devaluation of Yuan will affect the Chinese economy.
NationSky to provide enterprise mobility solutions to Shandong branch of Agricultural Bank of China
M2 - Fri Feb 14, 8:48AM CST
NQ Mobile (NYSE: NQ) reported that its subsidiary, Beijing NationSky Network Technology, Inc. has entered into an agreement to provide its NQSky enterprise mobility solutions to the Shandong branch of the Agricultural Bank of China.
NQ Mobile(TM) Subsidiary, NationSky, to Provide Enterprise Mobility Solutions to the Agricultural Bank of China's Shandong Branch
PR Newswire - Thu Feb 13, 8:03AM CST
NQ Mobile (NYSE: NQ), a leading global provider of mobile internet services, today announced that its wholly owned subsidiary, Beijing NationSky Network Technology, Inc. (NationSky), has entered into an agreement to provide its NQSky enterprise mobility solutions to the Shandong Branch of the Agricultural Bank of China, one of the largest banks by total assets in the People's Republic of China.
Information Update: Health Canada Evaluating Whether Body Weight Affects the Effectiveness of Emergency Contraceptive Pill
Marketwire Canada - Thu Jan 30, 2:05PM CST
Health Canada is evaluating the effectiveness of levonorgestrel-containing emergency contraception in light of new data that suggests these pills may be less effective in women over a certain weight.
Asia Banking Profiles - 2013 Provides Coverage for more than 70 Banks in Asia
M2 - Tue Jan 21, 8:53AM CST
Research and Markets (http://www.researchandmarkets.com/research/92rk5v/asia_banking) has announced the addition of the "Asia Banking Profiles" report to their offering. This research builds on a propriety database of Asian bank's technologies, and it draws on an extensive survey that covered more than 70 banks in Asia, multiple personal interviews with decision makers in technology departments, and discrete conversations with retail banking heads, and executives in various departments in Asian banks. The report outlines the consumer-banking environment of each of the nations, and then it evaluates each country's most important banks' business profiles, strengths, strategies, competition, problems, and opportunities. One of the main benefits of this report is that it outlines key bankers' statements and words that were gathered via interviews and secondary research, which could alter your strategy and marketing plans in order to fully penetrate your market of choice. This report will give the reader competitive intelligence in terms of understanding the recent projects of banks and their future plans. It will also allow the reader to fully understand key industry trends, opportunities, and facing Heads of Retail and Heads of Consumer Banking within Asian banks. Companies Mentioned: -Agriculture Bank of China -AmBank -ANZ -Axis Bank -Baiduri Bank -Bangkok Bank -Bank Central Asia -Bank Danamon -Bank Islam Brunei Darassalam -Bank Mandiri -Bank Negara Indonesia -Bank of Ayudhya -Bank of China -Bank of China (Hong Kong) -Bank of East Asia -Bank Rakyat Indonesia -BDO Unibank -BPI -Cathay United Bank -China Construction Bank -China Merchant's Bank -China Minsheng Bank -Chinatrust Commercial Bank -CIMB -CIMB Niaga -Citibank -Citibank -DBS -E. Sun Bank -First Bank -Hana Bank -Hang Seng Bank -HDFC Bank -Hong Leong Bank -HSBC -HSBC -ICBC -ICICI Bank -Kasikornbank -Kookmin Bank -Maybank -Mega International Commercial Bank -Metrobank -NAB -OCBC -Panin Bank -Public Bank -Punjab National Bank -Rakuten Bank -RCBC -RHB -Shinhan Bank -Shinsei Bank -Siam Commercial Bank -Standard Chartered Bank -Standard Chartered Bank -State Bank of India -Taipei Fubon Bank -Taishin International Bank -UOB -Westpac For more information visit http://www.researchandmarkets.com/research/92...ia_banking About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Christie Charms Revelers at New Year Countdown Party at the Shanghai Bund for the Third Consecutive Year
PRWeb - Mon Jan 20, 6:02PM CST
Christie's visual solutions created the largest project mapping in China on the eve of 2014. The whole projection was achieved by using 30 Christie(R) projectors. The live countdown was sponsored by the Shanghai Municipal Committee of the Communist Party of China, Shanghai Municipal Government and supported by the Shanghai Media Group. The total projection area covered more than 96,000 square feet (9,000 square meters), ranging from the side of Shanghai Pudong Development Bank to the site of the Countdown Party about 230 feet (70 meters) from the Customs House, which presented a splendid visual feast to audiences around the world.
MagIndustries Announces a Pledge of the Balance of Its Shares by Evergreen
Marketwire - Mon Jan 20, 10:30AM CST
MagIndustries Corp. ("MagIndustries" or the "Company") (TSX: MAA) announced today that in connection with certain loans made to Evergreen Resources Holding (BVI) Ltd., ("Evergreen BVI"), the holder of 653,008,894 common shares, or approximately 86.4% of MagIndustries, Evergreen BVI has entered into a share pledge agreement with the Export-Import Bank of China ("China EXIM") under which Evergreen BVI has pledged an additional 295,770,211 common shares of the Company as collateral for such borrowings. MagIndustries had reported previously in its press release of December 21, 2012 that Evergreen BVI had entered into a share pledge agreement with China EXIM under which Evergreen BVI had pledged 357,238,683 common shares of the Company as collateral for certain loans. MagIndustries is not a party to the loans nor any associated obligations.
Reimbursement Intelligence Announces a Series of Major Key Strategic and Organization Changes
Marketwire - Wed Jan 15, 7:14AM CST
Reimbursement Intelligence (RI), an information and marketing services firm that provides expert insights and solutions about the changing healthcare reimbursement environment to biopharma, device, and diagnostic companies, announced today a number of executive appointments and the launch of 3 exciting proprietary new research and information products. Taken together these actions represent a major step forward in making RI one of the leading healthcare service firms focused on market access and reimbursement.
Synutra International, Inc. Commences Construction of New Drying Facility in Carhaix, France
PR Newswire - Tue Jan 14, 3:01PM CST
Synutra International, Inc. (NASDAQ: SYUT), ("Synutra" or the "Company"), which owns subsidiaries in China that produce, market and sell nutritional products for infants, children and adults, announced the commencement of construction of its new drying facility in Carhaix, France (located in the department of Finistere in the Brittany region). On January 10, 2014, the Company held a ground-breaking ceremony in Carhaix, which was attended by distinguished guests including Mr. Pierre Maille, President of General Council of Finistere, Mr. WU Xilin, Minister-Counsellor of Economic and Commercial Affairs in Chinese Embassy in France, and Mr. PAN Nuo, President of Bank of China Paris Branch.
Zurich Explores Bancassurance Opportunities in Malaysia
Ernesto Calucag - AMBest - Tue Jan 14, 10:02AM CST
Zurich Insurance Malaysia Bhd. has signed a memorandum of understanding with Bank of China to further explore bancassurance opportunities in Malaysia.
China Automatic Teller Machine Industry Report, 2013-2016
M2 - Tue Jan 07, 2:59AM CST
Research and Markets (http://www.researchandmarkets.com/research/9jjjj2/china_automatic) has announced the addition of the "China Automatic Teller Machine Industry Report, 2013-2016" report to their offering. Chinese ATM market - 2013 Key Facts: 1. China becomes the country with the most quantity of ATM, surpassing the United States. 2. the purchase volume of Cash Recycling System (CRS) jumps quickly and a small quantity of Video Teller Machine (VTM) is launched into the market. 3. Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank and Bank of Communications are still major ATM clients. 4. China's ATM CR5 market concentration degree declines. Key Topics Covered 1 Overview of ATM 1.1 Definition and Classification 1.2 Industry Chain 1.3 Operating Mode 2 Global ATM Market 2.1 Market Size 2.2 Competition Pattern 2.3 Development Outlook 3 Chinese ATM Market 3.1 Status Quo 3.2 Market Size 3.3 Competition Pattern 3.4 Import and Export 3.5 Key Market Segments 3.6 Development Prospect 4 Bank Card Business in China 4.1 Number of Issued Bank Cards 4.2 Bank Card Transactions 4.3 Financial IC Cards 5 Major ATM Clients in China 6 Major Global ATM Manufacturers 7 Major Chinese ATM Manufacturers 8 Summary and Forecast 8.1 Global and Chinese ATM Market Size 8.2 Chinese ATM Market Segments 8.3 Operation of Enterprises Companies Mentioned - Agricultural Bank of China - Bank of China - Bank of Communications - Cashway - China Construction Bank - DCITS - Diebod - Eastcom - GRG Banking - GreatWall Information - Hitachi - Industrial and Commercial Bank of China - KingTeller - NCR - OKI - Shenzhen Yihua Computer - Wincor Nixdorf For more information visit http://www.researchandmarkets.com/research/9j..._automatic About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Bank of China Achieves Customer-Centric Transformation with IBM
PR Newswire - Tue Jan 07, 2:00AM CST
Bank of China and IBM (NYSE: IBM) have successfully completed the launch of the Bank's next generation global online banking platform, providing 100 million customers with a fully integrated experience spanning branch, phone, mobile and web banking. The Bank leveraged IBM's business consulting expertise to revolutionize all aspects of its online banking strategy including site redesign, improved functionality and interactivity as well as implementation of more personalized services.
Fund Equity Investment in 2013: E Fund Registered Overall NAV Growth Rate of 20% and RMB100 Billion Fund Companies Witnessed 16 Percentage Points Difference in Performance
JCN Newswire - Thu Jan 02, 9:06PM CST
From China Media: In 2013's equity investment field, fund companies completely triumphed over sunshine private funds and capital custody of securities companies and witnessed the best overall performance in nearly 4 years. As of December 31, according to the statistics from China Galaxy Securities, active equity funds and active equity-focused funds saw an average NAV growth rate of 14.52%, while SSE Composite Index and CSI 300 Index dropped by 6.75% and 7.65% in the same period, respectively.
Alert issued on bogus $1K banknote
M2 - Thu Dec 26, 11:06PM CST
Police and the Monetary Authority are investigating after the Commercial Crime Bureau found and seized five counterfeit "2003 series" Bank of China Hong Kong $1,000 banknotes from two local banks yesterday.
Alert issued on bogus banknote
M2 - Tue Dec 24, 8:39AM CST
Police and the Monetary Authority are investigating reports of a new counterfeit "2003 series" Bank of China Hong Kong $1,000 banknote.
2020 Foresight Report: Trends in Life Insurance Underwriting
M2 - Wed Dec 18, 3:55AM CST
Research and Markets (http://www.researchandmarkets.com/research/4p93kk/2020_foresight) has announced the addition of the "2020 Foresight Report: Trends in Life Insurance Underwriting" report to their offering. The life insurance segment is characterized by underwriting losses in some developed nations, and underwriting profits in important emerging economies such as China, India, Brazil and Russia. The life insurance segments in developed nations will record a rise in premium rates due to gradual recovery in their economies, meaning that life insurers will need to protect their margins. In the case of emerging economies, the life segment is moving towards a situation that is neither hard nor soft, due to factors such as the highly under-penetrated markets in these countries, increased competition among life insurers and rising disposable incomes. Globally, the life segment is in a state of flux due to far-reaching regulations such as Solvency II in Europe. These regulations essentially link the amount of capital held by life insurers with the risks they underwrite and the investments they make. Reasons To Buy - Understand how the life insurance segments have been performing in some of the important countries across the world - Understand how regulations are impacting the product strategies, business models and investment strategies of life insurance companies - Gain insights into how the GDPs of nations impact the performance of underwriting in life insurance segments - Be informed of the key technologies having an impact on the risk assessment and underwriting practices in the life insurance segment Key Topics Covered 1 Executive Summary 2 Global Snapshot: Assessment of Life Underwriting Market Dynamics 2.1 Underwriting Profits and Loss Trends 2.2 Analysis of Key Ratios Impacting Underwriting 3 The Effect of Regulation on Life Insurance Underwriting 3.1 Impact on Life Insurance Product Offering 3.2 Impact on Key Functional and Operational Elements 3.3 Impact on Investment Strategy by Asset Class 3.4 EU Ruling on Gender-Neutral Insurance to Impact Underwriting 4 Market Dynamics Related to Economic and Market Risk 4.1 Economic Risk on Life Insurance Underwriting 4.2 Market Risk on Life Insurance Underwriting 5 Technological Trends in Underwriting 5.1 Creating a Customer Profile 5.2 Automation 5.3 Social Media 5.4 Big Data 6 Appendix Companies Mentioned - Bharti AXA Life Insurance - Health Care Service Corporation - Lincoln Financial Group - Manulife Financial Corp. - Talisma Corporation - Truven Health Analytics - Westpac Life New Zealand For more information visit http://www.researchandmarkets.com/research/4p..._foresight About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Ultra HNWIs in China to 2013
M2 - Mon Dec 16, 3:51AM CST
Research and Markets (http://www.researchandmarkets.com/research/jhp4nn/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in China to 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in China. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's UHNWIs have performed through the crisis. This report reviews the performance and asset allocations of Ultra HNWIs in China, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Scope - UHNWI volume, wealth and allocation trends from 2008 to 2012 - UHNWI volume, wealth and allocation forecasts to 2017 - UHNWI asset allocations across 13 asset classes - Number of UHNWIs in each state and all major cities - Fastest growing cities and states for UHNWIs (2008-2012) - Number of wealth managers in each city - City wise ratings of wealth management saturation and potential - Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in China - Size of China wealth management industry - Largest domestic private banks by AuM - Detailed wealth management and family office information - Insights into the drivers of HNWI wealth Key Highlights - There were 9,087 UHNWIs in China, with an average wealth of US$1.3 billion per person, making them the prime target group for wealth sector professionals. Of this total, there were 195 billionaires, 3,121 centimillionaires and 5,771 affluent millionaires. - UHNWIs accounted for 0.62% of the total Chinese HNWI population, which is below the global average of 0.7%. During the review period, the number of UHNWIs in China increased by 106.8% from 4,394 individuals in 2008 to 9,087 in 2012. - There was a range of performance between the different UHNWI wealth bands: The number of centimillionaires and affluent millionaires increased by 113.1% and 99.7% respectively. - It is expected that the number of UHNWIs to increase by 34% to reach 13,959 individuals in 2017. This will include 280 billionaires, 4,803 centimillionaires and 8,876 affluent millionaires. Companies Mentioned - AMC Group Asset management China - Agricultural Bank of China - Bank of China - Bank of Communications - Bank of Dalian - Bank of Jiangsu - China Citic Bank - China Construction Bank - China Everbright Bank - China Merchants Bank - China Minsheng Banking Corp - Industrial & Commercial Bank of China - Serficom Investment consulting - Standard Chartered Private Bank - The Bank of East Asia (China) For more information visit http://www.researchandmarkets.com/research/jh...a_hnwis_in About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
2020 Foresight Report: Digital Marketing in Financial Services
M2 - Mon Dec 16, 3:27AM CST
Research and Markets (http://www.researchandmarkets.com/research/swr3rj/2020_foresight) has announced the addition of the "2020 Foresight Report: Digital Marketing in Financial Services" report to their offering. Banks and insurance companies are developing their processes and employing such channels to be able to respond to web-based consumers, create brand awareness, promote new products and services, identify customer needs and elicit feedback. Digital media channels are increasingly being used by companies around the world as a strategic marketing tool. They are primarily used to advertise products and services, identify sales opportunities and ensure brand monitoring. Budget allocations to digital media marketing are expected to increase over the forecast period (2013-2017). During the review period (2008-2012), worldwide digital advertising expenditure rose from US$53.7 billion in 2008 to US$95.7 billion in 2012, at a CAGR of 15.52%. It is expected to nearly double between 2012 and 2017 to reach US$168.4 billion, after registering a forecast-period CAGR of 11.34%. The popularity of social media and growth in smartphone and tablet usage has created new opportunities for digital advertising. During the review period, digital advertising has progressed with the introduction of dynamic messaging and interactive video. The report provides market analysis, information and insights on digital marketing in the financial services industry: - Provides a global snapshot of digital media and growth opportunities for the financial services industry - Provides details of different digital media channels across markets and the influence of these channels on consumer purchasing decisions - Analysis of digital marketing opportunities and challenges for financial services companies - Detailed analysis on leading financial services companies and their marketing through digital media channels - Analysis of digital marketing strategies adopted by leading financial services companies operating in various markets Companies Mentioned - ABN Amro - Abu Dhabi Commercial Bank - American Family Insurance - Aviva Life Insurance - BNP Paribas - Banco Santander - Banco do Brasil - Bank of America - Bank of China - Barclays - Citibank - Conestoga Bank - Deutsche Bank - Future Generali - Hiscox - ICICI Bank - ICICI Prudential - NRMA Insurance - Patriot Insurance Agencies - State Farm Insurance - Wells Fargo For more information visit http://www.researchandmarkets.com/research/sw..._foresight About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.