Blog Posts by Deepak Shenoy

  • NCKU to Hold UK Internship Exhibition

    TAINAN, Taiwan--(BUSINESS WIRE)--

    An exhibition which presents the experiences and outcomes of the 2014 Charnwood Arts (UK) Internship, led by Assistant Professor Ming Turner from the Institute of Creative Industries Design (ICID), National Cheng Kung University (NCKU), will be staged at C-Hub from March 9 to 13.

    The exhibition will display a selected body of photographs, taken by a group of NCKU students during the internship period, covering their work, life and play while in the UK.

    According to Turner, the team is composed of 10 MA and Ph.D. students from ICID, who traveled to the UK and worked with Charnwood Arts from July 21 until September 1 in 2014.

    A short film was produced to document some of the key moments and events during the internship.

    The ICID Ph.D. student Ho Ching-Chwang, who is also a contemporary calligraphy artist, will exhibit a

    Read More »from NCKU to Hold UK Internship Exhibition
    Contact:
    National Cheng Kung University
    Sonia Chuang, +886-6-275-7575 ext. 50042
    News Center
    Fax: +886-6-238-9919
    sonia20@mail.ncku.edu.tw
  • Samsung ditches plastic design, adds mobile pay in new phone

    Samsung ditches plastic for stylish design in new phone, adds mobile-payment technology

    NEW YORK (AP) -- Samsung, locked in a tight race with Apple to be the world's biggest smartphone maker, has unveiled an important new phone that ditches its signature plastic design for more stylish metal and glass.

    The South Korean phone manufacturer also unveiled a premium model with a display that curves around the left and right edges so that information can be glanced at on the side. The Galaxy S6 and S6 Edge will both include technology for mobile payments, though Samsung isn't unveiling a service to rival the iPhone's Apple Pay until this summer.

    Samsung and Apple have gone back and forth as the world's top smartphone maker in recent years. Apple's iPhone 6 and 6 Plus, released last year, have helped the Cupertino, California, company catch up. Both of Apple's new phones are larger than previous versions and their size was heavily marketed, in part to appeal to customers who liked Samsung's large phones.

    Read More »from Samsung ditches plastic design, adds mobile pay in new phone
  • The Chinese central bank's second rate cut in three months will not be enough to halt a downturn in the world's second largest economy, with more easing steps needed, say economists.

    The People's Bank of China (PBOC) cut benchmark interest rates by 25 basis points to 5.35 percent on February 28 as deteriorating economic conditions forced the central bank to shorten the time gap between policy moves. It had already delivered a lending rate cut on November 21 and a reserve requirement ratio cut (RRR) on February 5.

    The rate cut, which came sooner than some analysts had expected, was announced hours before the release of the official purchasing managers index (PMI) for February, which showed the country's manufacturing activity contracted for a second straight mont h .

    More steps needed

    "Against this backdrop, we think more easing steps will follow ," said Louis Kuijs, chief China economist at the Royal Bank of Scotland (London Stock Exchange: RBS-GB). " This is needed

    Read More »from After rate cut, here's what PBOC will likely do next
  • Chipmaker NXP to buy Freescale

    NXP Semiconductors, which specialises in chips used in debit and credit cards, is buying smaller US rival Freescale in a deal that will create a company with a combined enterprise value of $40bn.

    Netherlands-based NXP will pay Freescale's shareholders $6.25 a share in cash and 0.3521 of an NXP share, valuing the US company about $11.8bn, in the latest in a series of acquisitions in the rapidly consolidating semiconductor industry. After the deal Freescale shareholders will own about a third of the combined company.

    Nasdaq-listed NXP, once part of the electronics company Philips and which has a market capitalisation of $21.4bn, will pay virtually no premium for Freescale, which had a market value of $11.1bn at the end of last week.

    The companies said late on Sunday that NXP would fund the deal with $1bn in cash, $1bn in new debt and 115m shares. The new entity would have combined revenue of more than $10bn.

    Freescale, a former division of Motorola, makes chips for

    Read More »from Chipmaker NXP to buy Freescale
  • Market Makers Vs. Electronic Communications Networks

    The foreign exchange market (forex or FX) is an unregulated global market in which trading does not occur on an exchange and does not have a physical address of doing business. Unlike equities, which are traded through exchanges worldwide, such as the New York Stock Exchange or the London Stock Exchange, foreign exchange transactions take place over-the-counter (OTC) between agreeable buyers and sellers from all over the world. This network of market participants is not centralized, therefore, the exchange rate of any currency pair at any one time can vary from one broker to another. (To get a complete overview of forex, see Introduction to The Forex Market and A Primer On The Forex Market.)

    Tutorial: Electronic Trading

    The main market players are the largest banks in the world, and they form the exclusive club in which most trading activities take place.This club is known as the interbank market. Retail traders are unable to access the interbank market because they do not have

    Read More »from Market Makers Vs. Electronic Communications Networks
  • Trade Forex With A Directional Strategy

    Forex was once a marketplace available only to governments, central banks, commercial and investment banks and other institutional investors like hedge funds. Today, however, there are many venues where just about anyone can trade currencies. These include currency futures, options on futures, PHLX-listed foreign currency options and the largely unregulated over-the-counter (OTC) forex market. Once the forex trader has decided which venue(s) and instrument(s) he or she will trade, it's time to develop a well-conceived trading strategy before putting any trading capital at risk. Successful traders must also predetermine their exit strategies and other risk-management tactics to be used should a trade go against them. Here we look at how to develop a trading strategy for the currency markets based on directional trading.(To review some of the concepts in this piece, check out Basic Concepts For The Forex Market and Common Questions About Currency Trading .)

    Tutorial: Top 10 Forex

    Read More »from Trade Forex With A Directional Strategy
  • Asian stocks kicked off the week at new highs, as an interest rate cut in China on Saturday offset a weaker finish on Wall Street last week and data indicating shaky growth in the world's top two economies.

    The People's Bank of China cut the benchmark interest rate by 25 basis points to 5.35 percent and reduced the benchmark saving rate by a similar margin to 2.5 percent.

    HSBC's final reading of China's manufacturing sector in Febuary came in at 50.7, much higher than the flash reading of 50.1 and the official February reading announced over the weekend, which showed a second straight month of contraction due to unsteady exports and slowing investment.

    U.S. equities ended lower last Friday as economic growth in the world's biggest economy slowed more sharply than initially thought in the fourth quarter. Analysts polled by Reuters expected GDP growth of 2.1 percent, after a final reading of 5.0 percent in the third quarter.

    The blue-chip Dow Jones Industrial Average

    Read More »from China's rate cut buoys Asia stocks; yuan at over two-year low
  • Amgen's Kyprolis Outperforms Rival Drug In Study

    In a new study, patients with the blood cancer multiple myeloma who had failed at least one prior treatment were half as likely to see their disease worsen if they received Amgen's drug Kyprolis than if they got Velcade, a more established medicine from Takeda, according to an Amgen press release.

    The result validates Amgen's August 2013 decision to spend $10.4 billion to buy Onyx Pharmaceuticals, the company that developed Kyprolis, But the biggest test is due in 2016, when another trial, called Clarion, will compare Kyprolis and Velcade in patients who have just been diagnosed, a far bigger market. Velcade generates annual sales of more than $2 billion.

    Sean Harper, Amgen's head of research and development, says he thinks the new result increases the odds for the front-line study, called Clarion.  "You've got to think that it’s going to de-risk Clarion," says Harper. "Now, it’s science, it’s an experiment, you can’t predict the results...[But] again, you’ve gone head to head, and you

    Read More »from Amgen's Kyprolis Outperforms Rival Drug In Study
  • Hanergy Thin Film Power Group, China’s largest supplier of thin-film solar equipment and products, said on Friday it had raised HK$5.46 billion, or $705 million, from the sale of 1.5 billion new shares, representing a 3.48% stake, to  Macrolink New Resources at a price of HK$3.64 per share.

    Macrolink is a member of the Macrolink Group, a collection of companies with ties to Beijing tycoon Fu Kwan.  Hanergy said in a statement it would use funds raised from the stock sale for future investment and development “when opportunities arise.” Chinese media recently reported that Hanergy is looking to invest in a car venture and would supply solar panels for vehicles.

     The selling price for the shares sold to Macrolink was a 19% discount to Hanergy’s HK$4.52 closing price at the Hong Kong Stock Exchange on Friday.

    Macrolink New Resources has also agreed to purchase $198 million of production equipment that will be make solar panels to be installed on buildings, Hanergy said in a statement. As

    Read More »from China Thin-Film Solar Leader Hanergy Sells Stake To Macrolink; Gets $660 Mln In New Business
  • PrimeTime Entertainment Launches in Thailand, Selects Brightcove’s Zencoder to Power Multi-screen Video and On-demand Content

    Zencoder cloud-based encoding service empowers PrimeTime to deliver the newest Hollywood movies and TV series

    SINGAPORE--(BUSINESS WIRE)--

    Brightcove Inc. (BCOV), a leading global provider of cloud services for video, today announced that PrimeTime Entertainment, Thailand’s newest on-demand streaming service, has partnered with Brightcove to power transcoding for its over-the-top (OTT) entertainment channel. With Brightcove's Zencoder cloud-based encoding service, PrimeTime is able to rapidly deliver high-quality video on-demand (VOD) content to satisfy audiences across platforms and devices.

    "With the biggest on-demand selection of movies and TV series in Thailand, we manage a huge volume of content spanning popular movie franchises, indie movie jewels, all-time classics and whole seasons of TV dramas and comedies," said Kasidit Kolasastraseni, Founder and CEO for PrimeTime Solution Pte., Ltd and PrimeTime Entertainment Pte., Ltd. "Our goal is to deliver video content to consumers quickly and

    Read More »from PrimeTime Entertainment Launches in Thailand, Selects Brightcove’s Zencoder to Power Multi-screen Video and On-demand Content
    Contact:
    Press Contact
    Singapore:
    The Hoffman Agency for Brightcove
    Samson Lam, +65 6361 0250
    BrightcoveSG@hoffman.com

Blog Posts by Deepak Shenoy

  • NCKU to Hold UK Internship Exhibition

    TAINAN, Taiwan--(BUSINESS WIRE)--

    An exhibition which presents the experiences and outcomes of the 2014 Charnwood Arts (UK) Internship, led by Assistant Professor Ming Turner from the Institute of Creative Industries Design (ICID), National Cheng Kung University (NCKU), will be staged at C-Hub from March 9 to 13.

    The exhibition will display a selected body of photographs, taken by a group of NCKU students during the internship period, covering their work, life and play while in the UK.

    According to Turner, the team is composed of 10 MA and Ph.D. students from ICID, who traveled to the UK and worked with Charnwood Arts from July 21 until September 1 in 2014.

    A short film was produced to document some of the key moments and events during the internship.

    The ICID Ph.D. student Ho Ching-Chwang, who is also a contemporary calligraphy artist, will exhibit a

    Read More »from NCKU to Hold UK Internship Exhibition
    Contact:
    National Cheng Kung University
    Sonia Chuang, +886-6-275-7575 ext. 50042
    News Center
    Fax: +886-6-238-9919
    sonia20@mail.ncku.edu.tw
  • Samsung ditches plastic design, adds mobile pay in new phone

    Samsung ditches plastic for stylish design in new phone, adds mobile-payment technology

    NEW YORK (AP) -- Samsung, locked in a tight race with Apple to be the world's biggest smartphone maker, has unveiled an important new phone that ditches its signature plastic design for more stylish metal and glass.

    The South Korean phone manufacturer also unveiled a premium model with a display that curves around the left and right edges so that information can be glanced at on the side. The Galaxy S6 and S6 Edge will both include technology for mobile payments, though Samsung isn't unveiling a service to rival the iPhone's Apple Pay until this summer.

    Samsung and Apple have gone back and forth as the world's top smartphone maker in recent years. Apple's iPhone 6 and 6 Plus, released last year, have helped the Cupertino, California, company catch up. Both of Apple's new phones are larger than previous versions and their size was heavily marketed, in part to appeal to customers who liked Samsung's large phones.

    Read More »from Samsung ditches plastic design, adds mobile pay in new phone
  • The Chinese central bank's second rate cut in three months will not be enough to halt a downturn in the world's second largest economy, with more easing steps needed, say economists.

    The People's Bank of China (PBOC) cut benchmark interest rates by 25 basis points to 5.35 percent on February 28 as deteriorating economic conditions forced the central bank to shorten the time gap between policy moves. It had already delivered a lending rate cut on November 21 and a reserve requirement ratio cut (RRR) on February 5.

    The rate cut, which came sooner than some analysts had expected, was announced hours before the release of the official purchasing managers index (PMI) for February, which showed the country's manufacturing activity contracted for a second straight mont h .

    More steps needed

    "Against this backdrop, we think more easing steps will follow ," said Louis Kuijs, chief China economist at the Royal Bank of Scotland (London Stock Exchange: RBS-GB). " This is needed

    Read More »from After rate cut, here's what PBOC will likely do next
  • Chipmaker NXP to buy Freescale

    NXP Semiconductors, which specialises in chips used in debit and credit cards, is buying smaller US rival Freescale in a deal that will create a company with a combined enterprise value of $40bn.

    Netherlands-based NXP will pay Freescale's shareholders $6.25 a share in cash and 0.3521 of an NXP share, valuing the US company about $11.8bn, in the latest in a series of acquisitions in the rapidly consolidating semiconductor industry. After the deal Freescale shareholders will own about a third of the combined company.

    Nasdaq-listed NXP, once part of the electronics company Philips and which has a market capitalisation of $21.4bn, will pay virtually no premium for Freescale, which had a market value of $11.1bn at the end of last week.

    The companies said late on Sunday that NXP would fund the deal with $1bn in cash, $1bn in new debt and 115m shares. The new entity would have combined revenue of more than $10bn.

    Freescale, a former division of Motorola, makes chips for

    Read More »from Chipmaker NXP to buy Freescale
  • Market Makers Vs. Electronic Communications Networks

    The foreign exchange market (forex or FX) is an unregulated global market in which trading does not occur on an exchange and does not have a physical address of doing business. Unlike equities, which are traded through exchanges worldwide, such as the New York Stock Exchange or the London Stock Exchange, foreign exchange transactions take place over-the-counter (OTC) between agreeable buyers and sellers from all over the world. This network of market participants is not centralized, therefore, the exchange rate of any currency pair at any one time can vary from one broker to another. (To get a complete overview of forex, see Introduction to The Forex Market and A Primer On The Forex Market.)

    Tutorial: Electronic Trading

    The main market players are the largest banks in the world, and they form the exclusive club in which most trading activities take place.This club is known as the interbank market. Retail traders are unable to access the interbank market because they do not have

    Read More »from Market Makers Vs. Electronic Communications Networks
  • Trade Forex With A Directional Strategy

    Forex was once a marketplace available only to governments, central banks, commercial and investment banks and other institutional investors like hedge funds. Today, however, there are many venues where just about anyone can trade currencies. These include currency futures, options on futures, PHLX-listed foreign currency options and the largely unregulated over-the-counter (OTC) forex market. Once the forex trader has decided which venue(s) and instrument(s) he or she will trade, it's time to develop a well-conceived trading strategy before putting any trading capital at risk. Successful traders must also predetermine their exit strategies and other risk-management tactics to be used should a trade go against them. Here we look at how to develop a trading strategy for the currency markets based on directional trading.(To review some of the concepts in this piece, check out Basic Concepts For The Forex Market and Common Questions About Currency Trading .)

    Tutorial: Top 10 Forex

    Read More »from Trade Forex With A Directional Strategy
  • Asian stocks kicked off the week at new highs, as an interest rate cut in China on Saturday offset a weaker finish on Wall Street last week and data indicating shaky growth in the world's top two economies.

    The People's Bank of China cut the benchmark interest rate by 25 basis points to 5.35 percent and reduced the benchmark saving rate by a similar margin to 2.5 percent.

    HSBC's final reading of China's manufacturing sector in Febuary came in at 50.7, much higher than the flash reading of 50.1 and the official February reading announced over the weekend, which showed a second straight month of contraction due to unsteady exports and slowing investment.

    U.S. equities ended lower last Friday as economic growth in the world's biggest economy slowed more sharply than initially thought in the fourth quarter. Analysts polled by Reuters expected GDP growth of 2.1 percent, after a final reading of 5.0 percent in the third quarter.

    The blue-chip Dow Jones Industrial Average

    Read More »from China's rate cut buoys Asia stocks; yuan at over two-year low
  • Amgen's Kyprolis Outperforms Rival Drug In Study

    In a new study, patients with the blood cancer multiple myeloma who had failed at least one prior treatment were half as likely to see their disease worsen if they received Amgen's drug Kyprolis than if they got Velcade, a more established medicine from Takeda, according to an Amgen press release.

    The result validates Amgen's August 2013 decision to spend $10.4 billion to buy Onyx Pharmaceuticals, the company that developed Kyprolis, But the biggest test is due in 2016, when another trial, called Clarion, will compare Kyprolis and Velcade in patients who have just been diagnosed, a far bigger market. Velcade generates annual sales of more than $2 billion.

    Sean Harper, Amgen's head of research and development, says he thinks the new result increases the odds for the front-line study, called Clarion.  "You've got to think that it’s going to de-risk Clarion," says Harper. "Now, it’s science, it’s an experiment, you can’t predict the results...[But] again, you’ve gone head to head, and you

    Read More »from Amgen's Kyprolis Outperforms Rival Drug In Study
  • Hanergy Thin Film Power Group, China’s largest supplier of thin-film solar equipment and products, said on Friday it had raised HK$5.46 billion, or $705 million, from the sale of 1.5 billion new shares, representing a 3.48% stake, to  Macrolink New Resources at a price of HK$3.64 per share.

    Macrolink is a member of the Macrolink Group, a collection of companies with ties to Beijing tycoon Fu Kwan.  Hanergy said in a statement it would use funds raised from the stock sale for future investment and development “when opportunities arise.” Chinese media recently reported that Hanergy is looking to invest in a car venture and would supply solar panels for vehicles.

     The selling price for the shares sold to Macrolink was a 19% discount to Hanergy’s HK$4.52 closing price at the Hong Kong Stock Exchange on Friday.

    Macrolink New Resources has also agreed to purchase $198 million of production equipment that will be make solar panels to be installed on buildings, Hanergy said in a statement. As

    Read More »from China Thin-Film Solar Leader Hanergy Sells Stake To Macrolink; Gets $660 Mln In New Business
  • PrimeTime Entertainment Launches in Thailand, Selects Brightcove’s Zencoder to Power Multi-screen Video and On-demand Content

    Zencoder cloud-based encoding service empowers PrimeTime to deliver the newest Hollywood movies and TV series

    SINGAPORE--(BUSINESS WIRE)--

    Brightcove Inc. (BCOV), a leading global provider of cloud services for video, today announced that PrimeTime Entertainment, Thailand’s newest on-demand streaming service, has partnered with Brightcove to power transcoding for its over-the-top (OTT) entertainment channel. With Brightcove's Zencoder cloud-based encoding service, PrimeTime is able to rapidly deliver high-quality video on-demand (VOD) content to satisfy audiences across platforms and devices.

    "With the biggest on-demand selection of movies and TV series in Thailand, we manage a huge volume of content spanning popular movie franchises, indie movie jewels, all-time classics and whole seasons of TV dramas and comedies," said Kasidit Kolasastraseni, Founder and CEO for PrimeTime Solution Pte., Ltd and PrimeTime Entertainment Pte., Ltd. "Our goal is to deliver video content to consumers quickly and

    Read More »from PrimeTime Entertainment Launches in Thailand, Selects Brightcove’s Zencoder to Power Multi-screen Video and On-demand Content
    Contact:
    Press Contact
    Singapore:
    The Hoffman Agency for Brightcove
    Samson Lam, +65 6361 0250
    BrightcoveSG@hoffman.com

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