KUALA LUMPUR, Sept 30 (Bernama) -- Instead of focusing only on highly proficient and technology-savvy mining stalwarts, the two latest mining rigs by BitHarp Group Limited allow casual enthusiasts as well as small-time miners to make their fortune out of crypto mining.
Within less than a month in the market, Lyre Miner and Harp Miner have been used by many common users without any technical background to earn healthy returns on their investment. With low energy-consumption of 600W and 2400W, respectively, Lyre Miner and Harp Miner are now among the most energy-efficient mining hardware in the market. Both products can be used for mining Bitcoin, Ethereum, Litecoin and Dash. BitHarp is currently running a ‘3 plus 1’ promotional campaign lasting until Oct 2. More details at https://www.bitharp.com/ -- BERNAMA
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KUALA LUMPUR, Sept 30 (Bernama) -- AM Best has affirmed the Financial Strength Rating of B++ (good) and the Long-Term Issuer Credit Rating of ‘bbb’ of Beneficial Insurance Limited (BIL) New Zealand.
The stable outlook of these credit ratings reflect BIL’s balance sheet strength, which AM Best categorised as adequate, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. BIL’s balance sheet strength is underpinned by risk-adjusted capitalisation that is categorised as strongest, as measured by Best’s Capital Adequacy Ratio, according to a statement. BIL has a track record of strong operating performance, as demonstrated by a five-year average return on equity ratio of 25.2 per cent (fiscal years 2015 to 2019). Profitability over this period has been driven by favourable underwriting performance and stable investment returns. AM Best expects strong underwriting performance by BIL over the medium term, supported by continued low loss ratios and from gradually improving expense ratios, as the company executes its business growth plan and benefits from economies of scale. BIL is a niche insurer that focuses on pet insurance in New Zealand. The company’s limited business profile assessment is largely a result of its small-scale operations, as well as product and geographical concentration in New Zealand. AM Best is a global credit rating agency and information provider with exclusive focus on the insurance industry. More information at www.ambest.com. -- BERNAMA KUALA LUMPUR, Sept 27 -- A series of exhibitions staged by the Agency for Cultural Affairs comes to a close today, in the ‘Japan Media Arts Distributed Museum’ at Tokyo’s Haneda Airport.
The series which began on Sept 11, is aimed at demonstrating media arts or Japanese cultures in 10 airports and other institutions. The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History, according to a statement from the Japan Media Arts Distributed Museum Office. This event at the airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan. The exhibition features an installation developed by the AR3Bros., a trio of Japanese augmented reality creators, with the motifs of artworks ‘Edo Scenes Folding Screens’ and ‘Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama’. These works portraying the feudal period of Edo (old Tokyo), are owned by the National Museum of Japanese History. More information at https://jmadm.jp/en. -- BERNAMA TOKYO, Sept. 27, 2019 /Kyodo JBN- AsiaNet/ --
The Agency for Cultural Affairs is using Tokyo's Haneda Airport to stage the latest exhibition in the "Japan Media Arts Distributed Museum" project, an initiative launched by the governmental branch to demonstrate media arts/Japanese cultures at about 10 airports and other institutions. The Haneda event ties in with another exhibition under way at the airport involving the National Museum of Japanese History. Overview of Exhibition at Haneda Airport Dates & Time: Wednesday, September 11, to Friday, September 27, 2019 (1st year of Reiwa) *An artwork experience section opens to the public there between 11:30 and 18:30 on these dates. Location: near the Haneda Nihonbashi Bridge, 5th Floor, International Terminal, Haneda Airport Content: An installation developed by the AR3Bros., a trio of Japanese augmented reality (AR) creators, with the motifs of artworks "Edo Scenes Folding Screens" and "Edobashi Hirokoji (Edo Bridge Grand Avenue) Diorama." These works portraying the feudal period of Edo (old Tokyo) are owned by the National Museum of Japanese History. A section is set up at the exhibition to enable visitors to have an interactive experience with the installation by using AR devices. Official website: https://jmadm.jp/en/ The Agency for Cultural Affairs has been hosting the "Japan Media Arts Distributed Museum" series of exhibitions at about 10 airports and other places, as part of its new project to demonstrate media arts/Japanese cultures at gateways to the country's different regions. This event at Haneda Airport follows the first exhibition, which was held at New Chitose Airport near Sapporo in northern Japan. The Haneda segment of the "Distributed Museum" project is organized in collaboration with another exhibition under way at the airport, titled "HANEDA × REKIHAKU: Think Japan" and jointly hosted by Tokyo International Air Terminal Corporation and the history museum known by its abbreviated name of REKIHAKU. The installation, titled "Find Iemitsu (Shogun Tokugawa Iemitsu) from the Folding Screens, and you will experience the Edo period with AR technology," produced by the creative unit AR3Bros. using AR technology. The artists and creators featured in this series capture cultural resources borne out of various local milieus through their fresh perspectives and display them in places like airports, which serve as gateways to these regions. By showcasing the works of media arts, the organizers are inviting visitors to explore the true spirit of these cultures throughout their travels. - The organizers are also planning to hold other events at Haneda Airport in the future. Their details will be announced when confirmed. - Information on upcoming exhibitions in the series, including the names of host airports, will be updated when confirmed. For more details, https://kyodonewsprwire.jp/prwfile/release/M105685/201909251284/_prw_PA1fl_ne0X67v3.pdf Source: Japan Media Arts Distributed Museum Office http://mrem.bernama.com/viewsm.php?idm=35624 KUALA LUMPUR, Sept 26 -- Amazon Prime Video has launched new features for Thursday Night Football (TNF), allowing global NFL fans to customise their streaming experience.
Through the new innovations, Prime members can experience the game they love like never before, with a new line-up of expert insight and analyses, access to robust live data and a simplified experience. According to Prime Video Sports vice-president Marie Donoghue, there is something for every football fan, from deeper gameplay analytics at their fingertips, to differentiated commentary, to the ability to easily discover and watch on any device, anywhere in the world. Via X-Ray, fans can dive into leading edge insights like a quarterback’s average time to throw, a running back’s average yards after contact and a wide receiver’s average yards of separation, enabled through Next Gen Stats’ real-time player tracking. For audio, Prime members can choose from two additional Prime Video exclusive audio streams - Hannah Storm and Andrea Kremer and the United Kingdom English language broadcasters, Derek Rae and Tommy Smyth. Additionally, Prime members in the United States and Mexico have access to FOX Deportes, the exclusive Spanish-language broadcast. Visit https://www.primevideo.com to view the full TNF schedule and watch the official FOX broadcast available in over 200 countries worldwide. -- BERNAMA WELLINGTON, New Zealand, Sept 27 (Bernama-GLOBE NEWSWIRE) -- BitHarp Group Limited ( www.BitHarp.com ), an experienced manufacturer of crypto mining hardware, is now a favorite name amongst individuals interested in profitable crypto mining from the comforts of their home. The company’s recently launched products Lyre Miner and Harp Miner have initiated a new age in cryptocurrency mining, offering low heat and noise mining hardware that can be placed within limited spaces at home. Users can start earning profits immediately as the pre-configured mining rigs just require plugging in, choosing the preferred coin, and entering the pool data.
The most attractive benefit of Lyre Miner and Harp Miner is the ability of these products to generate quick return on interest for all users. This has been made possible by delivering high hash rate powers that are second to none in the market. Hash rate is a general measure of the processing power of crypto mining rigs. For the miners, a higher hash rate means increased profit-making opportunity and receiving block reward. Moreover, Lyre Miner and Harp Miner support profitability with their low energy consumption. The hash rate powers delivered by Lyre Miner and Harp Miner are mentioned below. Bitcoin: 335 TH/s (Lyre Miner) & 2000 TH/s (Harp Miner) Litecoin: 55 GH/s (Lyre Miner) & 300 GH/s (Harp Miner) Ethereum: 14 GH/s (Lyre Miner) & 75 GH/s (Harp Miner) Dash: 9 TH/s (Lyre Miner) & 50 TH/s (Harp Miner) “BitHarp is one of the earliest companies in this market to create products that are suitable for casual crypto enthusiasts mining from their home without much knowledge or experience,” said Daniel Cox, Engineering Director from BitHarp. “Lyre Miner and Harp Miner were designed to make crypto mining easy and affordable for them. It is a great pleasure for us to see many beginners earning profits using BitHarp mining rigs from home.” To find out more about Lyre Miner and Harp Miner, please visit https://www.bitharp.com/ About BitHarp: BitHarp is a New Zealand based cryptocurrency manufacturer of the most high-performance and flexible Mining rigs built with the goal of making mining easier and more profitable for investors. Media contact Alexa Zimine [email protected] +64 04 889 3268 SOURCE : Bitharp Group Limited KUALA LUMPUR, Sept 27 -- AKWEL, manufacturer of automotive and heavy goods vehicle components and specialist in fluid management and mechanisms, has announced its half-year (HY1 2019) results.
During that period, AKWEL recorded sales of €566.5 million, up 1.3 per cent and 3.4 per cent on a like-for-like basis. (€1 = RM4.58) One of the company’s major highlights over the past half-year was a positive free cash flow target, which stands at €26.1 million versus -€3.3 million in HY1 2018. The Group also maintained significant investments. The continued pressure regarding raw materials and exchange rate effects led to an increase in some purchase prices over the period. The AKWEL group's net financial debt decreased significantly from €40.6 million to €27.5 million in HY1. Shareholders' equity amounted to €478.5 million at June 30 versus €454 million at Dec 31, 2018. AKWEL now intends to focus more on boosting profitability. Efforts over the next six months shall focus specifically on improving industrial performance and the agility of facilities to keep resources more efficiently in line with business volume. Against this backdrop, the Group anticipates higher operating income than in the previous year, given the favourable base effect related to an additional €23 million in non-recurring provisions recorded in 2018. AKWEL also confirms its target of achieving approximately €1.2 billion in sales by 2020. -- BERNAMA HONG KONG, Sept 27 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Taiping Reinsurance Company Limited (TPRe) (Hong Kong) and its wholly owned subsidiary, Taiping Reinsurance (China) Company Ltd. (TPRe China) (China). The outlook of these Credit Ratings (ratings) is stable.
The ratings of TPRe reflect its balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also acknowledge the continued and holistic implicit and explicit support given by TPRe’s parent company, China Taiping Insurance Holdings Company Limited (CTIH), in terms of capital, investment, risk oversight and shared operational resources. TPRe’s capital and surplus has grown at an average rate of 15.7% over the past five years, mainly driven by capital injections from CTIH and the partial retention of operating profits during the period. AM Best expects the company’s risk-adjusted capitalization to remain robust over the short to intermediate term, supported by strong liquidity and comprehensive retrocession arrangements. Despite increasing pressure on its non-life underwriting margin over the past five years due to catastrophe losses and strong ongoing market competition, as well as challenges to investment yields amid a low interest rate environment and heightened volatility in capital markets, the company has delivered consistently profitable operating results during the period. Leveraging its strong foothold in domestic Chinese, Hong Kong and Macau markets, the company continues to diversify its geographical coverage and product scope in the life and non-life segments, for example, by strengthening its direct business relationships with onshore and international clients. The ratings of TPRe China reflect its strategic importance to TPRe, as well as its high level of integration with, and the explicit support it receives from TPRe. With the establishment of its branch office in Shanghai in mid-2019, TPRe China is expected to continue to be the primary contributor of revenue growth to TPRe’s consolidated financials. In 2018, the subsidiary accounted for more than half of TPRe’s consolidated non-life gross premium written. Going forward, TPRe China will seek to expand its life reinsurance business, particularly in protection-type products, including health and term life. Offsetting rating factors include downward pressure on non-life underwriting margin stemming from the robust expansion in business from China. In addition, the company’s investment portfolio is exposed to some concentration risk from single investments in bonds and mutual funds. Positive rating actions are unlikely over the near term. Negative rating actions could occur if there is a material decline in the company’s risk-adjusted capitalization, or if there is a material deterioration in operating performance. Negative rating actions also could occur if CTIH reduces the level of support that it provides to TPRe. Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication. This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases. AM Best is a global credit rating agency and information provider with an exclusive focus on the insurance industry. Visit www.ambest.com for more information. Copyright © 2019 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on businesswire.com: https://www.businesswire.com/news/home/20190926005601/en/ Contact James Chan Senior Financial Analyst +852 2827 3418 [email protected] Christie Lee Senior Director, Analytics +852 2827 3413 [email protected] Christopher Sharkey Manager, Public Relations +1 908 439 2200, ext. 5159 [email protected] Jim Peavy Director, Public Relations +1 908 439 2200, ext. 5644 [email protected] Source : AM Best KUALA LUMPUR, Sept 26 -- BRANDSTARS Selection Committee has announced the final winning selections for 2019 Korean luxury brands.
This year's newly selected brands include LG Pra.L (at-home beauty device category); Charmzone and MANYOFACTORY (cosmetics category) and MIDM Jen'y 3D Motion (skincare device category). Meanwhile, the brands selected for two consecutive years include Amorepacific Sulwhasoo, LG Household and Health Care's The History of Whoo and Nature Republic in the cosmetics category. Also listed are Korea Ginseng Corporation's CheongKwanJang (health food category); LG Electronic PuriCare (air purifier category), Huggies (disposable diaper category); Buldak Ramen (Ramen category); and Gentle Monster (sunglasses category), among others. LG Pra.L was named for its proven safety and efficacy based on the LG Electronics' outstanding hardware manufacturing technology, while Charmzone was selected for its continuous investments in technology. BRANDSTARS Selection Committee is a professional organisation composed of experts from the media and industries. It categorises the most loved brands in Korea, China and Southeast Asia by categories and announces the brands’ overall evaluation throughout the Asia region. More information at http://brandstars.co.kr. -- BERNAMA KUALA LUMPUR, Sept 25 -- Wencor Group (Wencor) and PT Garuda Maintenance Facility AeroAsia Tbk (GMF) have signed a cooperation agreement to develop a Total Material Solutions Program.
Wencor is a leading solutions provider to the aerospace aftermarket and GMF is a world-class MRO and internationally certificated repair station. According to Wencor chief executive officer (CEO) Chris Curtis, this new agreement aligns with its mission to provide engineering, programme management and material services necessary for MRO facilities to effectively serve customer base. The agreement outlines the general framework for the development, adoption and maximisation of alternate parts usage, DER repairs and maintenance kits. In the long term, the programme will result in greater cost savings and more efficient business practices that will enhance the bottom line and process flow for GMF, its subsidiary and affiliated company operations. GMF CEO, Tazar Marta Kurniawan said: “We look forward to working closely with Wencor to jointly find ways to reduce aircraft maintenance costs and improve reliability.” -- BERNAMA |
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