Asia Pacific
Allianz Indonesia accounts record growth of 16.12% in 2017
Life insurance company Allianz Life Indonesia has recorded year-on-year (yoy) asset under management (AUM) growth of 16.12 percent.
Allianz Life Indonesia chief investment officer Ni Made Daryanti said on Thursday that the company's AUM reached Rp 36.81 trillion (US$2.58 billion)...
Financials
Acquisition of majority stake in Payvision makes ING invests additionally
ING has reached an agreement to acquire a 75% stake in Payvision, a fast-growing, leading international omnichannel payments service provider. Payvision has a total value of EUR 360 million. The transaction will enable ING to strengthen its footprint in...
Company Statements
Anthem creates new investment program for associates, set to make 1000$ contribution to 401k accounts
Anthem, Inc announced that the company will contribute $1,000 to the 401(k) accounts for each of its more than 58,000 associates and recent retirees.
Anthem has created this new investment program for associates following revisions to the U.S. tax code...
Financials
China’s currency is still nowhere near overtaking the dollar for global payments
China is on a drive to promote the use of its currency globally but the yuan is still far from upsetting the greenback, according to an important global metric.
Data released this week from Swift, the global inter bank system...
Financials
Square shares climb after the payments company launches bitcoin trading for most users
Instantly buy and sell Bitcoin with the Cash App. Learn about what Bitcoin is, how Bitcoin works and more about cryptocurrency from Square's Cash App.
"We believe bitcoin and other crypto sales represent a potential mid/long term growth opportunity for...
Company Statements
Number of first-time buyers highest since 2007 despite deposits doubling
The number of first-time buyers is estimated to have reached 359,0001 in 2017, while those taking their first step on to the property ladder are putting down almost double the deposit than a decade ago, according to the latest...
Company Statements
Rexel divests its operations in south east asia
Rexel, worldwide expert in the multichannel professional distribution of products and services for the energy world, announces today the sale of its operations in South East Asia to A merican I ndustrial Acquisition Corporation Group (AIA C ) ,...
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