ASIA PACIFIC

Renesas Introduces New Entry-Level RA0 MCU Series with Best-in-Class Power Consumption

Retrieved on: 
Tuesday, April 9, 2024

Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today introduced the RA0 microcontroller (MCU) Series based on the Arm® Cortex®-M23 processor.

Key Points: 
  • Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today introduced the RA0 microcontroller (MCU) Series based on the Arm® Cortex®-M23 processor.
  • The new, low-cost RA0 devices offer the industry’s lowest overall power consumption for general purpose 32-bit MCUs.
  • In addition, Renesas offers a Software Standby mode in the new MCUs that reduces power consumption by a further 99 percent to a miniscule 0.2 µA.
  • Renesas is now shipping the first group in the RA0 Series, the RA0E1 Group.

Options and Magtia Empower Trading Firms with Next Generation Symbology Solution

Retrieved on: 
Tuesday, April 9, 2024

Options Technology , a trailblazer in capital markets infrastructure, today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems.

Key Points: 
  • Options Technology , a trailblazer in capital markets infrastructure, today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems.
  • View the full release here: https://www.businesswire.com/news/home/20240409943088/en/
    Options today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems.
  • Danny Moore , President and CEO of Options, commented, “We are delighted to announce our partnership with Magtia to deliver next-level market data solution architecture to our customers across the capital markets.
  • Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure.

Ecommerce Innovator Spresso Secures Initial Series A Funding Led by Funds and Accounts Managed by BlackRock

Retrieved on: 
Tuesday, April 9, 2024

Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).

Key Points: 
  • Spresso , a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”).
  • “BlackRock's investment signifies their continued confidence in our vision,” said Jared Yaman, CEO of Spresso.
  • Commerce Suite : Robust ecommerce platform for building and managing successful online storefronts, ensuring seamless customer experiences.
  • “We are excited to continue to support the company’s growth through this investment.”
    BlackRock first made a strategic investment in Spresso in May 2023.

India International Remittance Market Business Report 2024: Total Inbound and Outbound Remittance is Forecast to Reach $231.95 Billion by 2028 with Inbound Accounting for $212.96 Billion - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024

International inbound remittance market in India has increased at 15.7% during 2023 to reach US$ 146.02 billion in 2024.

Key Points: 
  • International inbound remittance market in India has increased at 15.7% during 2023 to reach US$ 146.02 billion in 2024.
  • Remittance outflow market in India has increased at 15.3% during 2023 to reach US$ 13.11 billion in 2024.
  • This report provides a comprehensive analysis of the international inbound and outbound remittance market in India.
  • Actionable Insights for Businesses and Investors: The report provides data centric analysis for businesses and investors operating in the India remittance market.

Skytap Expands Global Footprint With Availability in Microsoft Azure India Data Centers

Retrieved on: 
Tuesday, April 9, 2024

Skytap , an industry-leading service to run IBM Power and x86 workloads natively in the cloud, today announced global expansion plans with planned availability in two additional Microsoft Azure data centers: Central India (Pune) and South India (Chennai).

Key Points: 
  • Skytap , an industry-leading service to run IBM Power and x86 workloads natively in the cloud, today announced global expansion plans with planned availability in two additional Microsoft Azure data centers: Central India (Pune) and South India (Chennai).
  • Introduced in 2020 with availability in Azure’s US East region, Skytap on Azure is one of the market’s only infrastructure-as-a-service purpose-built to run IBM Power workloads natively in Azure.
  • Skytap will be available in Azure’s India region starting with Central India (Pune) in April and then South India (Chennai) later this year, further expanding Skytap on Azure’s global reach.
  • “These value enhancements further strengthen the business case for moving traditional workloads to the cloud and deliver competitive advantages for those modernizing IT infrastructure.”
    “With Skytap on Azure, Microsoft brings the unique capabilities of the IBM Power ecosystem to Azure data centers in India.

Hafnia Limited – Increase in Quarterly Dividend Payout Ratio

Retrieved on: 
Tuesday, April 9, 2024

"The strong markets we've experienced in previous years have enabled us to achieve record earnings," said Mikael Skov, CEO of Hafnia.

Key Points: 
  • "The strong markets we've experienced in previous years have enabled us to achieve record earnings," said Mikael Skov, CEO of Hafnia.
  • Hafnia remains committed to delivering strong shareholder value to its shareholders while safeguarding financial stability.
  • This stock exchange announcement was published by Charleston Lim of Hafnia Limited, on 9 April 2024 at 05:30 CEST.
  • Hafnia has offices in Singapore, Copenhagen, Houston, and Dubai and currently employs over 4000 employees onshore and at sea.

VeriSilicon Showcased Its Latest Power-Efficient IP Applications at Embedded World 2024

Retrieved on: 
Tuesday, April 9, 2024

VeriSilicon (688521.SH) today announced its demonstration at Embedded World 2024 in Nuremberg, Germany, booth numbered Hall 4A-518, where it is showcasing customers’ various leading products leveraging the company’s latest technologies and advanced solutions.

Key Points: 
  • VeriSilicon (688521.SH) today announced its demonstration at Embedded World 2024 in Nuremberg, Germany, booth numbered Hall 4A-518, where it is showcasing customers’ various leading products leveraging the company’s latest technologies and advanced solutions.
  • IoT: VeriSilicon’s LE Audio compliant complete Bluetooth Low Energy IP solution, LE Mesh system solution based on VeriSilicon’s BLE technology.
  • Among the top ten IP companies globally, VeriSilicon’s number of IP categories ranks top two2.
  • “We are thrilled to present our latest and innovative IP solutions at Embedded World 2024.

Award-winning Director Kurosawa Kiyoshi Pioneers Theater-to-Web3 Movie Distribution Model with Intertrust Supertickets on Nekojarashi’s Roadstead.io

Retrieved on: 
Tuesday, April 9, 2024

Nekojarashi, Inc. and Intertrust today announced they will debut Chime, a film by celebrated director, Kurosawa Kiyoshi, through a unique Web3 collaboration on Nekojarashi’s Digital Video Trading (DVT) Platform, Roadstead.io .

Key Points: 
  • Nekojarashi, Inc. and Intertrust today announced they will debut Chime, a film by celebrated director, Kurosawa Kiyoshi, through a unique Web3 collaboration on Nekojarashi’s Digital Video Trading (DVT) Platform, Roadstead.io .
  • Superticket purchasers will have exclusive rights to Chime, which will be available worldwide on April 12, 2024, Japan Standard Time.
  • In an unprecedented move for a Kurosawa film, Chime introduces a unique viewing experience through limited-edition Supertickets, available only for a month post-opening.
  • It is a crazy movie, a bizarre movie, and that is what this film is about,” said Kurosawa Kiyoshi.

AM Best Affirms Credit Ratings of Momentum Life Limited

Retrieved on: 
Tuesday, April 9, 2024

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Momentum Life Limited (Momentum Life) (New Zealand).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Momentum Life Limited (Momentum Life) (New Zealand).
  • The ratings reflect Momentum Life’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • AM Best considers Momentum Life’s operating performance to be adequate with a five-year average return-on-equity ratio of 5.2% (as calculated by AM Best).
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Trinseo Introduces Groundbreaking Flame-retardant Plastic Grades Without Using PFAS Additives During Manufacturing Process

Retrieved on: 
Tuesday, April 9, 2024

Many PFAS chemicals are commonly used for their important flame-retardant properties, as well as their resistance to heat, oil, stain, grease, and water.

Key Points: 
  • Many PFAS chemicals are commonly used for their important flame-retardant properties, as well as their resistance to heat, oil, stain, grease, and water.
  • Both EMERGE™ 8600PR and EMERGE™ 7360E65 use post-consumer recycled (PCR) substrates, while maintaining performance similar to that of virgin materials.
  • There is no intentionally added PFAS in the manufacturing process at Trinseo, and the recycled content facilitates waste reduction, carbon footprint reduction, and recycling in the consumer electronics industry.
  • Features of EMERGE™ PC 8600PV and 8600PR flame-retardant products:
    Halogenated additives are not used in the manufacturing process at Trinseo.