Manulife going ahead with two office tower developments in Western Canada

Manulife Financial Corp.’s massive real estate arm is expanding in Western Canada – and increasingly choosing to develop towers rather than buy them.

The insurance company, whose real estate portfolio amounted to more than $8.5-billion at the end of 2012, is set to announce next week that it will develop a 27-storey office tower in downtown Calgary, bringing its portfolio in the city to about 1.3 million square feet.


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Shun Tak ready to launch its own hotel lines

Hong Kong-listed Shun Tak Holdings Ltd has launched a branded hotel management subsidiary called Artyzen Hospitality Group Ltd.

Yesterday’s announcement said Artyzen would “develop a collection of its own luxury hotel brands catering to different lifestyles” and offer hotel management services.

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Quam Joins CME Group’s Hong Kong Hub Accesses to the CME Globex Trading Platform

Hong Kong, Jul 23, 2013 (ACN Newswire via COMTEX) — Quam Limited (“Quam” or the “Group”, Stock Code:, a Hong Kong-based financial services group, today announces that Quam Securities Company Limited (“Quam Securities”), the brokerage arm of Quam with Category B class in HKEx ranking, has registered the Hong Kong telecommunications hub of Chicago Mercantile Exchange (“CME Group”) which enables Quam to access the CME Globex trading platform.

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RBC announces $500,000 commitment to Ronald McDonald House Charities Canada

Canada’s largest financial institution continues its focus on the mental health and wellness of children and families

TORONTO, July 24, 2013 /CNW/ – RBC Foundation today announced a $500,000 two-year commitment to Ronald McDonald House Charities (RMHC) Canada, the official charity partner for the 2013 RBC Canadian Open.

“We are proud to partner with Ronald McDonald House Charities Canada to support the mental health and well-being of the families of seriously ill children,” said Dave McKay, Group Head, Personal and Commercial Banking, RBC. “For more than 20 years, we have worked with Ronald McDonald Houses across the country and today’s announcement will help provide the resources and support families need physically, emotionally and mentally when they are facing the most challenging time in their lives.”

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RBC announces RBC Secure Cloud: The first cloud-based mobile payments solution in Canada

Protects client security and speeds transaction times

 TORONTO , July 18, 2013 /CNW/ – RBC today announced its RBC Secure Cloud mobile payments service (patent-pending). This new technology, a first in Canada , will allow clients to more safely and securely pay for purchases using their mobile devices. Keeping sensitive client data secure with RBC in the cloud, not on the phone, makes RBC Secure Cloud a safer, faster, more flexible solution. RBC will bring RBC Secure Cloud to market by the end of the year with debit and credit on a number of smartphone platforms.

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