The Bank of Communications Co., Ltd. (SHA:601328) (HKG:3328), a leading commercial bank in China, has officially opened its first branch in Australia, an important addition to its expanding global network. The new branch, located in Sydney, will provide first-class financial services to Australian customers and companies. Headquartered in Shanghai, the Bank of Communications currently has 11 overseas branches, including the Los Angeles Branch, which just opened 2 weeks ago.
Trend Micro, Inc. (TYO:4704) and the International Cyber Security Protection Alliance ("ICSPA") will establish a "global cyber nation" in Washington D.C. today to coordinate the international fight against cybercrime. As a global cloud security leader and one of the principal sponsors and founding members of the ICSPA, Trend Micro will support ICSPA in its bid to work with international governments and agencies to create a unified, worldwide defense force capable of protecting the global cyber nation.
Arc Exploration Limited (ASX:ARX) has commenced exploration field work at its Bima Project in Indonesia. The project covers 250 square kilometres and is prospective for copper and gold. The project has excellent infrastructure with a well-established road network covering almost all of the tenement area.
WCP Resources Limited (ASX:WCP) has received encouraging rock chip assays at its 100%-owned Yalgoo gold project. Gold grades of up to 60.4 grams/tonne were received. The Company is now preparing an initial drill program to test prospective targets.