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Business News on July 4, 2012


UK mortgage debt comes down as more Britons favors repayment
Trend shows that fewer Brits are borrowing against equity in their homes Andhra News

The Missing Leadership Piece in the Petrochemical & Refining Industry
With lower energy costs, due to cheaper natural gas and the coming of shale gas, the petrochemical and refining industry will experience a boom, says Steve Skarke, Senior Vice President of Operations, Kaneka Texas Corporation. However, the industry is currently unprepared for that ACN Newswire

SGX June Derivatives, Commodities, Clearing Volumes Up
Singapore Exchange (SGX) today said derivatives, commodities and clearing activities grew in June from a year earlier while securities turnover was lower.Securities- In June, securities turnover fell 25% year-on-year and 18% month-on-month toS$21.2 billion; securities daily average value declined 21% year-on-year and 14% month-on-month to S$1.0 billion ACN Newswire

World's Water Leaders Share Solutions to Unlock Policy, Planning and Project Delivery Challenges
The water industry must create and capitalize on "economies of scope," said a group of more than 80 world water leaders. This key finding offered insight into the need to address increasing scarcity and cost of the world's most precious resources.Participants defined scope as the need to look holistically at the touch points of water with energy, food, and industry ACN Newswire

HKTDC 2011/12 Annual Report Tabled in Legco
The Hong Kong Trade Development Council (HKTDC) remains focused on helping Hong Kong succeed in a difficult global environment by promoting emerging market opportunities while maintaining relations with mature economies, said HKTDC Chairman Jack So,in the Council's annual report for the past fiscal year. The report was tabled today in the Legislative Council ACN Newswire

A*STAR Scientists Make Groundbreaking Discovery of Mechanism that Controls Obesity, Atherosclerosis and Potentially Cancer
A*STAR scientists from the Institute of Molecular and Cell Biology (IMCB) and the Singapore Bioimaging Consortium (SBIC) have discovered a new signalling pathway that controls both obesity and atherosclerosis ACN Newswire

MHI Receives Award for Testing of 3,400ton/day CO2 Recovery Facility for Technology Qualification Program from Statoil, Norway
Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded from Statoil, an international energy company with headquarter in Norway, to undertake verification testing for a technology qualification program (TQP) for one of the world's largest carbon dioxide (CO2) capture facilities ACN Newswire

Fujitsu Builds Private Cloud-Based Shared Platform for BANDAI NAMCO Group's Mission-Critical Systems
NAMCO BANDAI Holdings Inc. and Fujitsu Limited today announced their collaboration on the construction of a cloud-based shared platform that aims to integrate accounting and other mission-critical systems, primarily SAP, as well as operating systems at BANDAI NAMCO Group's major group companies ACN Newswire

FX Alliance Inc. Receives Letter from NYSE Regarding Timely Notice of Record Date for 2012 Annual Meeting of Stockholders
FX Alliance Inc. ("FXall" or the "Company") (NYSE: FX), the world's leading electronic foreign exchange platform, today announced that on July 3, 2012, it received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") advising that FXall did not comply with Sections 204.21 and 401 ACN Newswire

MHI and PUB sign MOU on Advanced Water Treatment & Recycling Technology
Mitsubishi Heavy Industries, Ltd. (MHI) and PUB, Singapore's national water agency today signed a Memorandum of Understanding (MOU) to collaborate on the research and development of integrated water infrastructure system for used water treatment andreclamation. MHI's first initiative under the terms of the MOU will be a test-bedding project at PUB's Jurong Water Reclamation Plant ACN Newswire

Lumenpulse and Technolite Expand Strategic Partnership in South East Asia LED Lighting Market
Lumenpulse Inc. (www.lumenpulse.com) today announced the expansion of its strategic partnership agreement with Singapore-based Technolite. The new agreement will extend the scope of the partnership to include Hong Kong, Malaysia, Indonesia, Vietnam, Thailand, Brunei and the Philippines, giving Lumenpulse a stronger presence in the region. MarketWire

Trophy Slots Introduces Three New Games to Play on Facebook
Editors Note: There are three photos and one video associated with this press release. MarketWire

Dockwise Ltd: Dockwise Increases Holdings in Fairstar From 83.4% to 93.6%
Dockwise today announces that,through its wholly-owned subsidiary Dockwise White Marlin B.V., Dockwisenow controls 93.63% of the outstanding shares of Fairstar Heavy TransportN.V. ("Fairstar"). MarketWire

Andrews Development International PLC Provides Multiple Company Update
Mr. Claude Brun, President and CEO of Andrews Development International PLC. (GXG: ANDI) (www.andrewsdi.com), a financial company which was formed as a diversified financial holding company, today issued a general business update: MarketWire

Cirque du Soleil Founder Organizes Largest Poker Fundraiser Ever in Las Vegas, Raising $5.3 Million in Support of ONE DROP
Guy Laliberte has sparked ONE DROP fever in Las Vegas this week with a never before seen charity poker tournament "The BIG ONE for ONE DROP". The founder of Cirque du Soleil combined his hobby for poker with that of philanthropy and raised $5.3 million in support of ONE DROP, a charity he created a mere 5 years ago to give access to safe water for all, today and tomorrow. MarketWire

Ossur Salutes Oscar Pistorius
Össur salutes Oscar Pistorius, for being selected to compete in the individual men's 400m and 4x400m relay on behalf of Team South Africa. MarketWire

Daytrading Stock Alerts Continue Blistering 2012 With 100% Perfect Picks
Investors often find it extremely difficult to find top-notch trading ideas. What differentiates the many blogs and services available on the internet is history and proven performance. In these, BullTrade.com stands out. Since 1998, BullTrade.com has helped investors navigate the ups and downs with an extremely impressive track record MarketWire

Red Eagle Mining Commences Oxide Drilling Program at Santa Rosa
Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce that following the successful first (see news release dated January 17, 2012: http://redeaglemining.com/news/?pg=1&nyy=2012&nid=17) and, recently completed, second (see news releases dated June 13, 2012: http://redeaglemining.com/news/?pg=1&nyy=2012&nid=35 and June 26, 2012: http://redeaglemining MarketWire

Portugal's ZON Multimedia selects Ericsson for IT Managed Services
MarketWire

RAE Systems Launches New RAEGuard 2 Photoionization Detector With Advanced Capabilities for Monitoring Volatile Organic Compounds
RAE Systems, the leader in gas and radiation detection solutions and portable detectors, today announced its new RAEGuard 2 fixed head photoionization detector (PID) that offers advanced capabilities in monitoring volatile organic compounds (VOCs) MarketWire

Bombardier Arrives at Farnborough Airshow 2012 with a Full Complement of Aircraft and Customer Support Solutions
The world's third largest civil aircraft manufacturer, Bombardier Aerospace is pleased to return to the Farnborough International Airshow with an impressive display of its diversified portfolio of business and commercial aircraft MarketWire

Russell Indexes: Asia Outperformed Europe, Underperformed US in First Half 2012; All Global Regions Positive
The Russell Developed Asia Pacific Index returned +4.6% in the first half of 2012, relative to a +3.4% return for the Russell Developed Europe Index and a +9.3% return for the Russell 1000® Index of U.S. large cap stocks. MarketWire

Wärtsilä to supply integrated power and propulsion systems for three offshore service vessels
Wärtsilä Corporation, Press Release, 4 July 2012 at 11 am EETWärtsilä, the marine industry's leading solutions and services provider, is to supply complete and fully integrated power generation and propulsion packages for three vessels being built for Pacific Radiance Ltd., the Singapore based company specialising in offshore service activities GlobeNewswire

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