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Moonstake Enters into DeFi Market together with Muse.Finance

pandora
6 minutes

SINGAPORE, Mar 31, 2021 - (ACN Newswire) - Today, Moonstake is proud to announce the entry into the DeFi market together with Muse.Finance. The Staking and DeFi Boom in 2020, Top Staking Provider Moonstake Joins The DeFi SpaceIn January, 2021, Moonstake officially announced its entry to the DeFi sector. Today, with over 800 million USD in total staking assets, Moonstake is the top 8 biggest staking provider in the world. In less than one year since launch, Moonstake achieved rapid growth in both product development and a strong positioning in the market. Moving towards the DeFi sector, Moonstake welcomes applications from DeFi products looking to connect to its powerful staking network.Though the concept was almost unknown back in 2019, the decentralized finance (DeFi) ecosystem has experienced an explosive growth in 2020. According to DeFi Pulse, while it took almost two years for DeFi deposits to reach USD 1 Billion in Total Locked Value (TVL) as of Q4 2019, it took less than six months (March to July 2020) for DeFi TVL to spike from ~USD 550 million to ~USD 4 billion (~727% increase). Today, the DeFi TVL sits at $42.6 billion.As of 29 March 2021, the market cap of all Proof-of-S...

JCN Newswire
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TOYOTA GAZOO Racing Presents World Debut of the New GR 86

ruth
4 minutes

Toyota City, Japan, Apr 5, 2021 - (JCN Newswire via SEAPRWire.com) - On April 5, 2021, TOYOTA GAZOO Racing (TGR) gave the new GR 86 its world debut in an online event held together with Subaru Corporation (Subaru). Following the GR Supra and GR Yaris, the new GR 86 is the third global model in TGR's GR series of sports cars. The new GR 86 is scheduled to launch in Japan in autumn 2021.Toyota developed the original 86 with the goal of delivering the dreams and the joy of driving inherent in sports cars to its customers. Conceived as a front-engine, rear-wheel-drive vehicle with intuitive handling and instinctive responsiveness, the 86 launched in 2012. Since then, the vehicles have been utilized as base models for a variety of participatory motorsports, including rallies, one-make races, gymkhana, and dirt trials, while others have been uniquely customized. A total of more than 200,000 86s have been sold worldwide, playing the role of reliable partners for their owners.TGR's new GR 86 and Subaru's new BRZ were jointly developed. Yet, although the two vehicles share the same vehicle base, the two companies focused on imbuing their respective models with a distinct driving feel. While...

SeaPRwire

Man charged with murder of 49-year-old at Bedok Reservoir Road flat

aseanpr
2 minutes

SINGAPORE- A man who allegedly killed another in a Bedok Reservoir Road flat last weekend appeared in a district court on Monday (April 5) and was charged with murder. Naing Lin, 49, is said to have stabbed the victim, who is of the same age, last Saturday. There is no further information on the weapon used as of this point. In an statement on Saturday evening, police said that they were alerted to the incident at around 10.15am that day. Officers arrived at the unit and found the victim lying motionless at the scene. A resident, who lives in the same block and wanted to be known only as Mr Seow, 55, had earlier told Chinese-language newspaper Shin Min Daily News that the unit was cordoned off at noon on Saturday. He said: "There were about six police officers along the corridor. They did not disclose what happened and told me only to leave quickly." Another neighbour, domestic helper Ms Yato, 32, said that she had heard two men quarrelling in the unit on Friday night. According to her, one of the men then shouted: "Stop it! I'm already angry." Naing Lin is remanded at the Central Police Division and his case has been adjourned to April 12. Offenders convicted of murder will face t...

SeaPRwire

How to pick the right maternity insurance

elean
1 minute

SINGAPORE - Welcoming a baby into the world is usually a joyous moment for new parents. But the costs of unexpected events can be high. 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.

SeaPRwire

‘My mother doesn’t think she has a problem’: Challenges faced by those helping hoarders in S’pore

aseanpr
1 minute

SINGAPORE - Mr Chng, 26, took this video as he carefully made his way up the stairs to his mother's second-floor Chinatown home. There is barely enough space for him to walk, a narrow path on the stairs is flanked on both sides by mounds of stuff. To the right are boxes stacked shoulder height or higher against a wall. To the left, paper bags and plastic bags packed with unidentified objects are strewn, alongside an assortment of items seemingly picked up from the trash - random bits of paper and empty drink bottles. 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.

SeaPRwire

Green bond boom leaving out vulnerable countries, says report

elean
1 minute

LONDON (BLOOMBERG) - The green finance revolution risks leaving out emerging markets (EMs), including some of the world's most vulnerable nations to climate change. There is too much emphasis on developed-market standards to define EM bond rules, according to a report from London's Imperial College Business School, based on interviews with over 40 asset managers and global banks. 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.

SeaPRwire

S’pore investors who chase high returns fall victim to scams: 6 high-profile deals that went sour

elean
1 minute

SINGAPORE - With savings interest rates lower than 2 per cent and soaring property prices allowing only the wealthy in, investors in Singapore have been chasing higher returns by hunting down overseas properties and alternative schemes. But this quest has seen many fall victim to scams. 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.

ACN Newswire
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China Medical System (0867.HK): Accelerating Development and Stepping to a New Height Driven by Innovation

indie
16 minutes

HONG KONG, Apr 2, 2021 - (ACN Newswire via SEAPRWire.com) - As the earning season approaches, once again listed pharmaceutical companies are attracting the attention of the public. Recently, China Medical System Holdings Limited ("CMS" or the "Company") has released its annual results, with both revenue and profit higher than market expectations. According to its 2020 annual results, turnover is up by 14.4% to RMB6.946 billion; net profit up by 30.7% to RMB2.556 billion; basic earnings per share up to RMB1.024, with a proposed final dividend of RMB0.20 per share.In the past, influenced by expectations of the effects of China's centralized procurement policy and the Company's product transition, CMS's valuation in the capital market was once under pressure, but with the Company's strategic transformation from a CSO to an innovative pharmaceutical company, coupled with its own solid business growth, its share price has gained a significant increase in the past few months, but is still relatively low in the capital market. The Company's current dynamic P/E ratio is only about 13x, with a market value of HK$ 39.4 billion. However, market values of innovative pharmaceutical companies wi...

SeaPRwire

Universities in Singapore focusing research efforts on solving global post-pandemic problems

aseanpr
4 minutes

SINGAPORE - Universities here are altering their research landscape to emphasise interdisciplinary and results-driven studies. This is meant to find more solutions for pressing global issues such as food security and public health - the challenges of a post-pandemic era. Late last year, the National University of Singapore (NUS) launched a research programme and fund to put together 100 cross-faculty research teams in five years, with the aim of getting 20 new projects running every year. Injecting up to $20 million a year on the Reimagine Research Initiative, NUS will fund interdisciplinary studies that go beyond getting published in prestigious journals, to making impact in the real world. The initiative has enrolled 21 groups so far, and it is set to be one of the largest university-wide research programmes, said NUS deputy president of research and technology Chen Tsuhan. In January, the Nanyang Technological University (NTU) unveiled its five-year plan detailing goals in education and research. A key tenet of its plan is to support interdisciplinary research to address global challenges, and find ways to accelerate innovation from research discoveries. At NUS, Professor Chen s...

SeaPRwire

Programme launched to drive passion in entrepreneurship and social change in youth

aseanpr
3 minutes

SINGAPORE - Youth with a passion for entrepreneurship and desire to tackle problems in the community will be able to attend a free six-week intensive programme where they learn to develop solutions to real-life problems with guidance from industry experts. The Campfire programme targets youth aged 18 to 35 who are keen on entrepreneurship, design innovation, social enterprise, volunteerism and creative storytelling. Th programme, which can take up to 50 participants at a time, is a partnership by the National Youth Council, *Scape and innovation agency Tribal Worldwide Singapore. It was launched at *Scape on Thursday (April 1), with the first batch of more than 40 participants. Founded by Tribal's head of film and social content Josiah Ng and creative group head Boston Ho, the Campfire programme aims to create more opportunities to support youth in the areas of jobs and skills, and engage them on social issues. National Youth Council chief executive officer David Chua said at the launch: "Young people want real world relevance and impact... (They) like to learn through exposure, they want to go into zones of discomfort and exploration." "And in the process they are also looking for...

ACN Newswire

GOME Strengthened Development in the Second Phase of its “Home . Living” Strategy

indie
11 minutes

HONG KONG, Apr 1, 2021 - (ACN Newswire via SEAPRWire.com) - GOME Retail Holdings Limited (HKEX stock code: 493) announced its audited annual results for the year ended 31 December 2020 (the "Reporting Period").Strengthened Development in the Second Phase after Successfully Completing the First Phase of "Home . Living" StrategyIn 2020, GOME completed the first phase of strategic development under its "Home . Living" strategy, and started in-depth development in a more refined manner in the second phase. In particular, GOME accelerated the development of its dual-platform new retail ecosystem powered by technology, intelligence and innovation, and established the "Social + Business + Sharing" GOME ecosystem with focus on online operation by integrating online and offline platforms and utilizing the strength of proprietary operation and third party external supply chain.During the Reporting Period, the novel coronavirus ("COVID-19") pandemic boosted the development of the "Stay-at-Home Economy" and led to change in consumer demand in the market. To capture the opportunities, GOME has stepped up efforts to further implement social marketing and expand its digital local retailing busine...

SeaPRwire

Credit Suisse seeks to wind up Sanjeev Gupta’s commodity trading unit

elean
3 minutes

LONDON (BLOOMBERG) - Credit Suisse Group is seeking to push one of Sanjeev Gupta's key commodities-trading units into insolvency, presenting a new threat to his metal empire after the collapse of his biggest lender. The application to wind up Liberty Commodities was filed in the UK's insolvency court late Tuesday (March 30) by a unit of Citigroup. Citi was acting under instructions from Credit Suisse, according to a person familiar with the matter who asked not to be identified discussing private information. The move marks a dramatic turn for the worse in Mr Gupta's battle to secure the survival of his corporate empire. For several weeks since Greensill Capital collapsed into insolvency, Mr Gupta and his GFG Alliance have been searching for new financing while simultaneously trying to persuade his existing lenders to hold off. And in another blow for Mr Gupta's embattled empire, Morgan Stanley and ICBC Standard Bank, two lenders to GFG's aluminum smelter in Dunkirk, France, have started talks with potential buyers of their loan exposure to the group, according to people familiar with the matter. An unnamed lender sought to sell US$7 million of the debt at 15 per cent discount on W...

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Motul and Honda Racing Corporation Aim for the Top in World Super Bike Partnership

pandora
4 minutes

Singapore, Mar 31, 2021 - (ACN Newswire) - One of Motul's longest-standing and most valued OEM partners is Honda, and the two companies have developed and enjoyed over many decades a dedicated technical collaboration and proud support of Honda's HRC factory racing teams in many different motorsport arenas. At the start of 2020 Honda returned to the Motul FIM World Superbike Championship (WorldSBK) as a full factory squad. Team HRC Riders Alvaro Bautista (L) and Leon Haslam (R) & Team HRC Manager Leon Camier (C) Team HRC Rider Alvaro Bautista #19 Team HRC Rider Leon Haslam #91 Team HRC Alvaro Bautista #19 Pre-Season Test Team HRC Leon Haslam #91 Pre-Season TestNow, for the 2021 season, Team HRC and its two riders, Alvaro Bautista and Leon Haslam, will benefit further from Motul's support as Official Lubricant Partner. Having made great steps forward with every race in 2020, there is only one aim for this season: the top!A partnership with strength in depthThe trust and deeply cooperative working relationship that has developed over the years has seen Motul contribute to the performance, reliability and efficiency of HRC's competition models over all terrains including circuits, ...

JCN Newswire
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Eisai: Application Submitted for Additional Indication of Anti Cancer Agent Lenvima in Combination With Keytruda as a Treatment for Advanced Renal Cell Carcinoma in Japan

ruth
2 minutes

TOKYO, Mar 31, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. and MSD K.K. a subsidiary of Merck & Co., Inc., Kenilworth, N.J., U.S.A., (known as MSD outside the United States and Canada) announced today that Eisai has submitted an application in Japan for the additional indication of its in-house discovered and developed multiple receptor tyrosine kinase inhibitor, LENVIMA (generic name: lenvatinib mesylate), in combination with Merck & Co., Inc., Kenilworth, N.J., U.S.A.'s KEYTRUDA (generic name: pembrolizumab) as a treatment for patients with advanced renal cell carcinoma (RCC). This is the first application to be submitted in Japan for this combination therapy.This application is based on the results of the Phase 3 CLEAR study (Study 307/KEYNOTE-581) for the first-line treatment of patients with advanced RCC, which were presented at the 2021 Genitourinary Cancers Symposium (ASCO GU), and simultaneously published in the New England Journal of Medicine in February 2021. In this trial, LENVIMA plus KEYTRUDA demonstrated statistically significant and clinically meaningful improvements in the primary endpoint of progression-free survival (PFS) as well as key secon...

ACN Newswire
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JCB sees online sales in Europe increase by more than 300% from 2016 to 2019, as online spending among cardmembers boom

indie
5 minutes

London & Tokyo, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has seen impressive growth in virtual spending with European retailers from its Asian cardmember base, with online sales growing by more than 300% across the continent between 2016 and 2019[1].These figures have been released alongside the launch of JCB's latest whitepaper, "Ecommerce: Business Without Borders", which includes exclusive insights for European retailers on Asian online spending patterns and why building omnichannel is key.Europe has always been a top travel destination for JCB cardmembers. However, during recent months without travel, many retailers have had to pivot their offering to cater for customers online. Thus, ecommerce spending in the region, already a growing trend among cardmembers, has now accelerated dramatically in response to recent events.Asian economies are at the forefront of global economic recovery, and JCB data shows that eager high-net-worth Asian shoppers are still willing to spend with European brands. European e-retailers therefore, have a huge opportunity to tap into this market as a rou...

ACN Newswire
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ZC Rubber Focuses on Innovation and Growth at Global Online Dealer Conference

indie
3 minutes

HANGZHOU, CHINA, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - ZC Rubber hosted its first Global Online Dealer Conference on March 19, 2021, with the theme "Innovate Into The Great Future". The conference offered a series of presentations outlining the company's strategic vision and plans for continued growth in 2021 and introduced its latest products, technologies and services to provide distributors and customers with resourceful information for better collaboration in the future.Mr. Shen Jinrong, the Chairman of ZC Rubber Group, said the company would continue to strengthen its position through further global expansion and technological innovation after achieving a historic performance in 2020 as its sales revenue reached RMB 28.22 billion, increased by 2.25%."We have been pursuing a strategy of Technological Innovation and have realized the overall improvement in product quality, production efficiency, and quality control since last year," Mr. Shen said. In 2020, ZC Rubber brought forward a new generation truck and bus tire based on the latest PSCT design theory and the state-of-the-art Flagship Series passenger car tires.He also shared the company's vision towards a full d...

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Blockpass Aids Prostarter in Providing One Time KYC for Multiple IDOs

indie
4 minutes

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - Blockpass is enthusiastic to disclose it will be providing compliance services to a range of new solutions and projects launching Initial DEX Offerings (IDOs) on Prostarter. With Blockpass and Prostarter working together, KYC and AML provision will be quickly and easily accessible to all participants, ensuring security and regulatory compliance in the DeFi space.Prostarter is a community-centric and transparent DeFi cross-chain platform offering project fundraisings, token sales, and much more for the Crypto community. Prostarter is now launching its IDO platform and wants to include a "One Time KYC" feature supported by Blockpass to overcome the hassle of multiple KYC submissions for every project IDO.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS tha...

ACN Newswire

Cirtek’s Financial Results in Second Half of FY2020 Demonstrate Significant Improvement, Sales of RFID Products Soars by 1.3 Times

indie
6 minutes

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - Cirtek Holdings Limited ("Cirtek" or the "Group"; HKEX: 1433), one of the leading apparel labels and trim products manufacturers, has announced its audited annual results for the year ended 31 December 2020. Despite adversities, the Group successfully achieved a turnaround; moving from a loss-making position as reported for its interim results to a profit-making position. Review of operationsAs the pandemic raged on, the global retail market, including the apparel market, was seriously affected. As a result, demand for apparel labels and trim products decreased correspondingly. The Group's business was inevitably affected, resulting in a year-on-year decrease in revenue of 26.5% to approximately HK$259.3 million. Nonetheless, the Group's orders started to rebound in the second half year and showed improvement when compared with the first half year, narrowing the decline for the whole year. Gross profit dropped 25.5% to approximately HK$130.2 million. With effective cost control measures and flexible deployment of resources for efficiency improvement, in addition to the support of new products with higher gross profit, gro...

JCN Newswire
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Eisai: European Medicines Agency Accepts the Marketing Authorisation Applications for Two Additional Indications of Anti Cancer Agent Lenvatinib in Combination with Pembrolizumab

ruth
4 minutes

TOKYO, Mar 30, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today that the European Medicines Agency (EMA) has confirmed it has accepted for review applications for the use of its in-house discovered multiple receptor tyrosine kinase inhibitor, lenvatinib mesylate (product name: LENVIMA / Kisplyx, "lenvatinib"), in combination with anti-PD-1 therapy pembrolizumab (brand name: KEYTRUDA), developed by Merck & Co., Inc., Kenilworth, N.J., U.S.A., (known as MSD outside the United States and Canada) as a treatment for patients with advanced renal cell carcinoma (RCC) and advanced endometrial carcinoma (EC), respectively.The application requesting an indication of lenvatinib in combination with pembrolizumab for RCC is based on the results of the pivotal Phase 3 CLEAR study (Study 307/KEYNOTE-581) for the first-line treatment of patients with advanced RCC, which were presented at 2021 Genitourinary Cancers Symposium (ASCO GU), and simultaneously published in the New England Journal of Medicine in February 2021. In this trial, lenvatinib plus pembrolizumab demonstrated statistically significant and clinically meaningful improvements in the primary endpoint of pr...

JCN Newswire
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NEC and Sumitomo Mitsui Construction develop DokoMinaPhone, a multi-lingual speech translation app with simultaneous message broadcast function

ruth
3 minutes

TOKYO, Mar 30, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has developed a multilingual speech translation system with a simultaneous message broadcast function in cooperation with SUMITOMO MITSUI CONSTRUCTION CO, LTD. (Sumitomo Mitsui Construction) to support communications in environments where different languages are used, such as construction sites. This system has been adopted by Sumitomo Mitsui Construction's "DoKoMinaPhone" smartphone application, making it is possible to broadcast translations to all users or designated working groups at once. In the construction industry, as globalization continues, it has become a challenge to facilitate communication with the increasing number of international workers in Japan, as well as local employees at overseas locations. In order to solve this issue, this system has first been developed to provide voice translation and simultaneous broadcasting between Japanese and English.System features1. Provides a more natural translation similar to human speechThe system is equipped with a neural translation engine from the National Institute of Information and Communications Technology (NICT), which is engaged in res...