Is it time to buy Chinese stocks?

SINGAPORE - China's stock markets went on a roller coaster ride recently after the government announced its toughest-ever curbs on the online education industry and issued a series of other rulings governing property management and food delivery companies. Speculation that the US may restrict investments in China and Hong Kong amid a growing political and economic rift between the two countries also contributed to the selling. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Singdollar recovers from recent dip, but outlook still weak

SINGAPORE - The Singapore dollar has bounced back to the level it held about two weeks ago after recovering from a slew of negative factors that emerged in the past month. Analysts believe the currency will stay around this point relative to its peers, although it may slip a little through the year in the light of uncertainty over the pandemic. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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See Change Education Joins “Go Hong Kong Team” Campaign

HONG KONG, Jul 30, 2021 - (ACN Newswire via SEAPRWire.com) - See Change Education, a wholly owned subsidiary of Asia Allied Infrastructure Holdings Limited, took part in the "Go Hong Kong Team" Campaign, organised by the Hong Kong Olympic Fans Club and co-organised by Key Connect last weekend. On that day, See Change Education staged live debate and public speaking performances on topics related to sports and the Olympic spirit, showcasing winners from See Change's International Parliamentary Debate Competition (IPDC) and International Public Speaking Competition, bringing joy and energy to the event. Ying Wa College faced off PLK Tung Yuk Tien College, both consisting of winners of Top Speaker Award at See Change's Debate Competition in 2020Through the event, See Change Education hopes to provide students with a stage to perform and apply their skills while celebrating sportsmanship and the Olympic spirit. Ms Rita Pang, Founder of See Change Education, said, "By discussing current affairs, I believe that children can apply critical thinking and communication skills to their daily lives. See Change Education runs global classrooms for students aged 5 - 18. We provide trainings in "...

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SecIron Presents Their Latest Version of IronWALL Mobile Apps Security for Huawei’s HarmonyOS Applications

Kuala Lumpur, Malaysia / SEAPRWire / July 30, 2021 / - Mobile devices like phones and tablets are no longer just communication devices for the users; they contain the very life of the users in a sense. Most users have all their information, bank statements, and other important details about themselves on their mobile devices. That is why it is necessary to keep the apps protected. Asia's leading mobile apps security solution provider, SecIron is offering innovative mobile application security solutions for the world's top OS that is HarmonyOS of HuaWei. The company is one of the first to have the capability in providing mobile security solutions for HuaWei's very own operating system HarmonyOS. The mobile app security firm has developed a brilliant application hardening platform solution named IronWALL. The latest version of it is 100% compatible for use with HarmonyOS. Their application hardening platform offers exemplary defence to the apps reducing their vulnerability in every aspect. That way it helps the applications running on the HarmonyOS to become more user-friendly and secure. SecIron provides innovative support in the building of secure mobile applications on HarmonyOS. ...

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君联资本投资生物计算平台百图生科A轮融资

HONG KONG, Jul 30, 2021 - (亚太商讯 via SEAPRWire.com) - 生物计算平台企业百图生科近日完成上亿美元A轮融资,君联资本参与了此次投资,本轮融资将主要用于技术研发和人才引进。百图生科定位于生物计算引擎驱动的创新药物研发平台型企业,于2020年11月由李彦宏牵头创立并出任董事长,主要通过先进计算和生物技术,绘制关于疾病靶点和药物设计的图谱,实现Global First-in-class原创药物的研发。未来百图生科将主要聚焦在肿瘤、自身免疫性疾病、纤维化疾病的免疫机理研究领域。君联资本总裁李家庆表示:“继3月投资高性能计算芯片公司百度昆仑,这是君联资本今年与百度的第二次合作,希望未来能够与百度在科技创新领域继续保持紧密合作。君联资本长期看好IT信息技术与生命科技的相互融合,百图生科用AI赋能生命科学,通过AI技术及前沿生物技术融合创新,加速新型药物和诊断产品的研发。未来,君联资本希望充分发挥医疗健康领域投资企业生态的资源优势,协同生物医药、IVD检测、CRO等领域行业龙头公司与百图生科紧密协作,为医疗健康产业提供智能计算平台支持,推动产业升级,造福更多的患者。”君联资本一直关注医疗健康产业与科技的深度融合,近年在医疗AI领域布局持续加码,除了百图生科,君联资本在AI医疗领域还投资了AI微生物制药公司未知君、AI技术驱动创新药研发平台望石智慧、AI医疗影像辅助诊断公司深睿医疗、Lunit、AI医疗病理诊断公司迪英加、基因大数据公司志诺维思、人工智能医疗慢性病管理系统公司爱亿生等。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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Legend Capital invests in Series A funding round of BioMap, a biological computing platform

HONG KONG, Jul 30, 2021 - (ACN Newswire via SEAPRWire.com) - BioMap, a biological computing platform enterprise, has recently completed the Series A funding round worth over a hundred million US dollars, which Legend Capital participated in. The funds will be used to for R&D and talent recruitment.BioMap is positioned as an innovative medicine R&D platform driven by biological computing engine. It was co-founded by Robin Li in November 2020 and he currently serves as the Chairman. Through advanced computing and biotechnology, BioMap draws maps on disease targets and drug design to realize the Global First-in-class original drugs. In the future, BioMap will also focus on the field of immune mechanism of tumors, autoimmune diseases and fibrotic diseases.Richard Li, the President of Legend Capital, said: "It is our second cooperation with Baidu this year after the investment in Baidu's AI chip unit Kunlun in March. We hope to continue to maintain close cooperation with Baidu in the field of scientific and technological innovation in the future. We take a positive long-term view of the integration of IT and life science and technology. BioMap empowers life science with AI, and ...

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DENSO Announces First Quarter Financial Results

KARIYA, JAPAN, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced its global financial results for its first quarter, ending June 30, 2021, for its 2022 fiscal year, ending March 31, 2022:- Consolidated revenue totaled 1,356.9 billion yen (US$12.3 billion), a 77.3 percent increase from the previous year.- Consolidated operating profit totaled 107.2 billion yen (US$969.3 million).- Consolidated profit attributable to owners of the parent company totaled 89.3 billion yen (US$808.0 million). "Revenue increased due to recovery of vehicle sales and production against COVID-19 from the previous year. Operating income increased due to higher production volume and profit improvements created by corporate reform from the previous year," said Yasushi Matsui, senior executive officer and member of the Board of Directors of DENSO Corporation."Although it is difficult to project how the business environment might change due to factors like COVID-19 and semiconductor supply, we have achieved a favorable result in our first quarter and raised our full-year forecast," said Yasushi Matsui, senior executive officer and member of the Board of Directo...

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Showa Denko Group Challenges to Realize Carbon Neutrality by 2050

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko K.K. (SDK; TSE:4004) decided to work on realization of carbon neutrality by 2050 as an embodiment of "company that contributes to a sustainable global society," which is stated in the Showa Denko Group's long term vision as the "ideal state of newly integrated company."*Scope 1 (GHGs emitted from its own production activities); Scope 2 (GHGs emitted from production processes of purchased resources including electricity)As countermeasures against climate change, Paris Agreement (adopted in COP21) and other global programs are in progress. In Japan, the Japanese Government has declared to aim to achieve carbon neutrality and revised national target for GHG reduction. Thus implementation of programs on carbon neutrality is expected to be accelerated worldwide.With regard to the Showa Denko Group, the Group has been working on countermeasures against climate change including its endorsement of TCFD (Task Force on Climate-Related Financial Disclosures) in 2019. Furthermore, the Group decided this time to promote its GHG emission reduction measures which are listed in the road map, in order to achieve the Group's carbon...

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Agreement Concluded for Mitsubishi Power to be Integrated into MHI

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - As announced on May 10, Mitsubishi Heavy Industries, Ltd. (MHI) reached an agreement under which Mitsubishi Power, Ltd. will be integrated into MHI. An absorption-type split agreement to integrate the two companies' business operations has now been concluded, whereby the business operations and employees of Mitsubishi Power will be taken over by MHI effective October 1, 2021.1. Summary of absorption-type split agreementUnder the newly concluded agreement, the business operations and employees of Mitsubishi Power involved in the design, manufacture, sale, installation and engineering of thermal power generation systems will be transferred to MHI and integrated. The move will further accelerate the "Energy Transition" solutions that serve as one of MHI Group's growth engines. In addition, the two companies' management resources will be unified to enable greater efficiency, and a dynamic business structure will be formed to respond more flexibly to changes in the global markets.2. Integration of Mitsubishi Power's major domestic basesAmong Mitsubishi Power's current plants and bases within Japan, those located in areas where MHI...

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险情就是号令,江西应用科技学院学子驰援郑州

HONG KONG, Jul 30, 2021 - (亚太商讯 via SEAPRWire.com) - 辰林教育集团控股有限公司(「辰林教育」或「公司」,股份代号:1593)连日来,一场历史罕见的持续性强降雨突袭河南,防汛形势十分严峻。近日,19名赣青突击队队员携带近百件救援装备驰援河南郑州。经队员自主报名,赣青突击队总队结合队员知识、技能等情况考虑,最终确定江西应用科技学院6名退伍军人陈坤、宁剑通、胡世伟、刘学钊、柯梓琦、左威同学出发赶赴河南郑州救援。“我是2020年11月加入赣青突击队南昌总队的第一批成员,在7月22日接到总群通知,需要组织队员奔赴河南抗洪救灾时,我立刻报名并最终入选。从南昌到河南共800多公里,一路上我看到的,都是去往河南救灾的车队和运送救灾物资的车辆,一种民族自豪感油然而生,也为我自己是一名去往河南的救灾队员,感到无比得光荣和自豪。同时我也是一名退役军人,在去年退伍时就立下了‘退伍不褪色,若有战召必回’的誓言,现如今我也真正践行了这个誓言。”参加救援的陈坤同学说到。柯梓琦说:“我们在前往救援现场的途中,路上都是全国各地的物资车和救援队,切切实实地感受到了人民的团结和祖国的强大。在救援过程中遇到了很多比较危险的情况,有的水域水流又快又急且水深在三米左右,这对我们自身的救援能力是一个很好的检验。”据了解,在去年的7月,江西应用科技学院就在全省率先组建第一批高校青年突击队深入防汛第一线,213名团员青年积极主动投身防汛抢险,赴南昌市新建区铁河乡、昌邑乡参与抗洪救灾,以最快速度集结抗灾力量,争当防汛救灾的排头兵,为打赢防汛救灾攻坚战贡献青春力量,此次驰援郑州更是“应科速度”的一种体现。据悉,赣青突击队是由团省委、省防汛抗旱指挥部办公室、省应急管理厅、省水利厅等单位共同发起、组建和管理的社会应急救援专业队伍。本次出征的队员主要是由以往参与过防汛救灾的退役军人、心理专家、医务人员等组成,具有丰富的实战经验。此新闻稿由博达浩华国际财经传讯公司代表辰林教育集团控股有限公司发布。如有垂询,请联络︰博达浩华国际财经传讯集团冯嘉莉小姐 +852 3150 6763 kelly.fung@pordahavas.com陆淼小姐 +(86) 21 3397 8878 ivy.lu@pordahavas.com刘媛小姐 +(86) 21 3397 8796 louise.liu@pordahavas.com杨冬梅小姐 +(86) 21 3397 8725 may.yang@pordahavas.com陈蒙小姐 +(86) 21 3397 8896 mona.chen@pordahavas.com王嘉盈小姐 +(852) 3150 6720 jessika.wong@pordahavas.com Copyright 2021 亚太商讯. All rights re...

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DENSO Provides First Quarter Results and Progress Updates in Key Focus

KARIYA, JAPAN, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced its global financial results for the first quarter of its 2022 fiscal year, which begins April 1, 2021, and ends March 31, 2022. The company also shared updates and actions it has taken in the key areas of Green - acting environmentally friendly - and Peace of Mind - creating a safe and seamless world for all.In the first quarter, DENSO hosted Dialog Day, an event that highlighted how the company intends to achieve carbon neutrality, eliminate accidents and create new business. As DENSO progresses in these areas, it will help the company achieve its Long-term Policy 2030 to enrich mobility that achieves sustainability, happiness and peace of mind for everyone."We are focused on sustainable management, solving social issues and accelerating business growth," said Yasushi Matsui, a senior executive officer and chief financial officer at DENSO Corporation. "These priorities will propel our ongoing development of technologies that are Green and foster Peace of Mind. Both areas are essential to our pursuit of clean and safe mobility and reaching carbon neutrality."DENSO's...

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BLACK SERIES CAMPER On the Grid and featured on NASDAQ’s big screen

BLACK SERIES Camper was displayed on the NASDAQ screen, showing itself to the world in Times Square, New York on July 14, 2021 – U.S. Eastern Standard time. Being on the NASDAQ screen is a great honor of a global leader and it's also one way of showing the strength and brand image of Black Series. The presentation of Black Series on the NASDAQ screen in Times Square, shows not only that the product quality and the service ability of Black Series has been recognized by customers, but also shows the company's strength and ambition to the world. High-end environmentally friendly Black Series Campers have sold well in Europe, the United States and throughout the world, with excellent quality, technical innovation, 15 year warranty frame and other quality services to obtain consumers' recognition. With over ten years of production and manufacturing experience, in the field of off-road trailer production, along with upgraded R&D and off-road performance testing. Black Series Campers have been distributed in many countries around the world. Embracing the future, the Black Series Campers always sense new trends, re-imagine travel destinations to rediscover their journey. Black Series C...

Woman who was serving SHN at hotel allegedly climbed into balcony of another room

SINGAPORE - A 39-year-old woman allegedly left on two occasions the hotel room where she was serving her stay-home notice (SHN) and even climbed into the balcony of another room. Singaporean Jin Chensu was charged on Friday (July 30) with two counts of failing to wear a mask outside her room and two counts of exposing others to the risk of Covid-19 infection. The Immigration and Checkpoints Authority (ICA) said in a statement on Friday that Jin arrived in Singapore from Cambodia on Oct 4 last year. She was served an SHN on the same day and that was to last until Oct 18. Jin was also briefed by an ICA officer that she was required to serve her SHN at a dedicated facility and was not allowed to leave her room there. But she allegedly left her room at Shangri-la Rasa Sentosa Resort without wearing a mask twice - on Oct 6 and 9. On the first occasion, Jin purportedly climbed into the balcony of another room on the floor above and remained there for about five minutes before returning to her room. She is said to have loitered along the common corridor in the second instance before a hotel staff member found her 25 minutes later. She was then escorted back to her room. On Thursday, Distr...

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Port of Rotterdam Authority, Koole Terminals, Chiyoda Corporation and Mitsubishi Corporation Sign MoU to Study Commercial-Scale Hydrogen Imports to the Netherlands

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - The Port of Rotterdam Authority (POR), Koole Terminals, Chiyoda Corporation and Mitsubishi Corporation have entered into an MoU for the joint-study of commercial-scale imports of hydrogen to the Port of Rotterdam utilizing Chiyoda?s hydrogen storage and transportation technology (SPERA HydrogenTM). In May 2020, POR announced its Hydrogen Vision, under which it is aiming at developing green hydrogen supply chains for Northwestern Europe and becoming a hub for hydrogen imports. Its goals are to bring in 20 million tons of hydrogen annually by 2050, with tiered volume targets of 100,000 - 200,000 tons by 2025 and 300,000 - 400,000 tons by 2030. Successfully completed in December 2020, the first international hydrogen supply chain utilizing SPERA Hydrogen connects the Nation of Brunei and Japan's Kawasaki City. The technology is expected to play an important role in the realization of more commercial-scale hydrogen supply chains around the world. Backed by a strong and shared interest in both Chiyoda's technology and its commercial potential, the aforementioned parties to this MoU have already engaged in numerous discussions rega...

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Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander(1), a crossover SUV, fully evolved with a new-generation PHEV system. The vehicle will roll out in Japan in the second half of this fiscal year(2).With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range. Based on the newly developed platform, integrated components and an optimized layout allow the new model to accommodate seven passengers in three rows, offering a new level of comfort and utility in an SUV.The Outlander PHEV debuted globally in 2013, and in other markets after that, as proof of MMC's dedication in the research and development of electric vehicles (EVs) since 1964. An EV for everyday driving and a hybrid vehicle for excursions, the Outlander PHEV offers the quiet and smooth - yet powerful - road performance unique to EVs, along with safe driving with peace of mind in various weather and road conditions.Since the launch of the Outlander PHEV, it has been sold in more than 60 countries ar...

S’pore’s total employment falls in Q2 but unemployment rates improve: MOM

SINGAPORE - The heightened Covid-19 restrictions in May and June to curb Covid-19 infections have taken a toll on Singapore's labour market. The number of workers employed fell in the second quarter of this year, after registering its first increase in the previous quarter following a decline last year, said the Ministry of Manpower (MOM) on Friday (July 30). Its report of preliminary estimates for the labour market in the second quarter showed that total employment, excluding migrant domestic workers, contracted by 15,700. This comes as resident employment grew only modestly due to earlier phase two (heightened alert) measures from May 16 to June 13 and their impact on domestically oriented sectors. This slower growth was not enough to offset the steep decline in non-resident employment as a result of ongoing curbs on the inflow of migrant workers. The modest resident employment growth was attributed to declines in domestically oriented sectors that were more directly impacted by the stricter measures, such as the food and beverage services and retail trade, said the report. On the other hand, resident employment continued to rise steadily for outward-oriented sectors such as info...

7 cultural and historical buildings in Bras Basah-Bugis to be lit up in red and white to mark National Day

SINGAPORE - August sees the annual light-up of civic, cultural and historical landmarks, and for Singapore's 56th birthday this year, the Bras Basah-Bugis precinct will be bathed in red and white. Unlike last year's focus on big hitters such as the Victoria Theatre and Concert Hall and The Arts House, less known arts avenues such as the National Design Centre, Objectifs - Centre for Photography and Film and the Stamford Arts Centre have been chosen. The Cathay, which was the tallest building in Singapore and South-east Asia when it opened in 1939, has also been selected. It was the first air-conditioned cinema and the first cinema to screen American and British films here at the time. Rounding up the crew of seven put together by the National Heritage Board (NHB) are the Central Fire Station, the Cathedral of the Good Shepherd and the National Museum of Singapore. All seven buildings will be lit every night in August from 7.30pm to 12am, in conjunction with the usual light-ups in the civic district. This year's selection of buildings also illuminates interesting but forgotten histories. Nestled at a busy junction opposite the National Library, the National Design Centre occupies th...

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Eisai and Biogen Present Preliminary Assessment of the Clinical Effects of Lecanemab (BAN2401)

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. and Biogen Inc. today announced results of a longitudinal preliminary assessment of the clinical effects of lecanemab (development code: BAN2401) -- granted Breakthrough Therapy designation by the U.S. Food and Drug Administration (FDA) in June 2021 -- following 18 months of treatment in the open-label extension (OLE) of the Phase 2b proof-of-concept study in subjects with early Alzheimer's disease (AD) (Mild Cognitive Impairment [MCI] due to AD and mild AD) at the Alzheimer's Association International Conference (AAIC) held in Denver, Colo., United States and virtually from July 26 to 30, 2021 (Presentation No.: 57780).Lecanemab Study 201 and OLELecanemab is an investigational humanized monoclonal antibody that preferentially binds to soluble amyloid- beta (Aβ) aggregates (protofibrils). Lecanemab reduced brain Aβ and slowed clinical decline in an 18-month Phase 2b proof of concept study (Study 201, n=856) in early AD (Alz Res Therapy 13; 2021). After analysis of the core study, there was an off-treatment gap period of 9-59 months (period of time between the last dose of lecanemab in the cor...

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4 Catholic churches in Singapore visited by Covid-19 cases who were asymptomatic

SINGAPORE - Four Catholic churches here have been visited by people who tested positive for Covid-19, posted the Roman Catholic Archdiocese of Singapore on its website on Thursday (July 29). They are: the Church of the Holy Spirit, the Church of the Holy Cross, the Church of the Immaculate Heart of Mary and St Anne's Church. The visits took place between July 18 and 25. The archdiocese said: "In all cases, the persons involved were asymptomatic. All affected churches are working with the relevant government agencies to identify those who have been exposed and to activate the necessary precautionary measures." It added that everyone has to remain vigilant and work together with church authorities to ensure the churches are safe places for worship. "We would like to take this opportunity to advise all our faithful to take care of their health, and if they are unwell to refrain from attending masses and seek immediate medical attention." Those who are unwell can watch the daily online mass broadcasts instead, it noted. It will not be making further comment on the cases. The four churches made separate Facebook posts on the details of each case. Father Henry Siew of the Church of the H...

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Biogen and Eisai Announce Design of ADUHELM ICARE AD-US Study, the First Real-World Observational Phase 4 Study in Alzheimer’s Disease at AAIC 2021

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - Biogen (Nasdaq: BIIB) and Eisai Co., Ltd. (Tokyo) today announced that Biogen led a late-breaking presentation on the design of the first real-world observational Phase 4 study in Alzheimer's disease called ICARE AD-US, at the Alzheimer's Association International Conference (AAIC), being held both virtually and in Denver, Colorado from July 26 - 30, 2021. ICARE AD-US, a prospective study of ADUHELMTM (aducanumab-avwa) 100 mg/mL solution for injection, is designed to collect real-world, long-term effectiveness and safety data on ADUHELM. The virtual oral session (#57522) was titled, "ICARE AD-US: design of a prospective, single-arm, multicenter, noninterventional real-world study of aducanumab in United States."ADUHELM is indicated for the treatment of Alzheimer's disease. Treatment with ADUHELM should be initiated in patients with mild cognitive impairment or mild dementia stage of disease, the population in which treatment was initiated in clinical trials. There are no safety or effectiveness data on initiating treatment at earlier or later stages of the disease than were studied. This indication is approved under accelerat...