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PrideStaff Fresno and Visalia Offices Named to 2019 Best of Central Valley Business List

Saturday December 14 th 2019

FRESNO, Calif., Dec. 13, 2019 /PRNewswire-PRWeb/ — PrideStaff, a national, franchised staffing organization, is pleased to announce that their Fresno and Visalia offices were once again named to the Best of Central Valley Business List by The Business Journal.

Now in its sixth year, the program has grown tremendously. Up from a humble start of just 22,000 votes cast in 2014, the 2019 Best of Central Valley competition garnered nearly 160,000 online votes from readers choosing their favorite Central Valley businesses in 35 categories. This year marks the fifth consecutive win for PrideStaff Fresno and the second consecutive win for PrideStaff Visalia in the Best Employment Service category.

Blanca Covarrubias, Owner/Strategic-Partner of PrideStaff Visalia, pointed to a focus on service experience as a key success factor. “Today’s staffing industry is incredibly competitive, and my team works extremely hard to match hard-working people with great companies,” stated Covarrubias. “Being named a top Central Valley employment agency by members of our community reaffirms that great customer experience is what our candidates and clients love about PrideStaff.”

“It’s an honor to have our office voted as a leading staffing firm in our market, but even more satisfying to win five years in a row,” stated Sean Akin, Owner/Strategic-Partner of PrideStaff Fresno. “PrideStaff’s technology, national resources and proven franchise model give my team everything we need to deliver great results, and unmatched service, to the employers and job seekers we assist. Thank you to all the readers who voted for both our offices.”

“By living out PrideStaff’s mission to ‘Consistently provide client experiences focused on what they value most,’ Sean, Blanca and their teams make a meaningful impact on employers, job seekers and the entire Central Valley community,” said PrideStaff COO Tammi Heaton. “Being recognized by The Business Journal year after year is especially meaningful because votes are cast by readers. We are thrilled for both offices and look forward to supporting their continued success in 2020 and beyond.”

About PrideStaff
PrideStaff was founded in the 1970s as 100% company-owned units and began staffing franchising in 1995. They operate over 80 offices in North America to serve over 5,000 clients and are headquartered in Fresno, CA. With over 40 years in the staffing business, PrideStaff offers the resources and expertise of a national firm with the spirit, dedication and personal service of smaller, entrepreneurial firms. PrideStaff is the only nationwide, commercial staffing firm in the U.S. and Canada with over $100 million in annual revenue to earn ClearlyRated’s prestigious Best of Staffing Diamond Award six years in a row highlighting exceptional client and talent service quality.

For more information on our services or for staffing franchise information, visit


SOURCE PrideStaff

Xinhua Silk Road: SCO International Round Table held in E China’s Lianyungang to promote trade and logistics cooperation

Thursday December 12 th 2019

BEIJING, Dec. 12, 2019 /PRNewswire/ — Shanghai Cooperation Organization (SCO) International Round Table was held on Friday in Lianyungang, a port city in east China’sJiangsu Province, aiming to promote cooperation in trade and logistics among members of SCO.

The event organized by the Secretariat of the Shanghai Cooperation Organization has attracted participants from national ministries of SCO members as well as other representatives from their embassies in China.

During the event, a joint statement was released to further expand channels of cooperation in trade and logistics among members of SCO and jointly build a cross-border international logistics transportation channel between Asia and Europe.

The SCO, established in 2001, now includes China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan. It contributes over 20 percent to the global economy and occupies nearly half of the world population.

To facilitate logistics cooperation among SCO members, the event emphasized the important role of Lianyungang as a sea transportation base and a warehousing logistics center.

The International Logistics Park in Lianyungang, with a designed area of 44.89 square kilometers, provides logistics service for central Asia and the Pacific Rim.

As one of the first open coastal cities in China, Lianyungang is a national comprehensive transportation hub, and the Port of Lianyungang is one of China’s main container ports.

In recent years, Lianyungang has actively facilitated the construction of infrastructure under the Belt and Road Initiative (BRI) and set up an international logistics platform with distinctive features to promote the construction of the cross-border international logistics transportation channel.

The Shanghai Cooperation Organization Logistics Enterprises B2B Meeting was also held in Lianyungang on Saturday which attracted 10 enterprises in China’s logistics industry. They mainly talked about business cooperation in terms of the new intermodal logistics transportation channel between Asia and Europe, and related logistics needs from SCO members.

See the original link:

SOURCE Xinhua Silk Road Information Service

KT Corp.’s Genie Music Launches World-first 5G Immersive Music Service

SEOUL, South Korea, Dec. 12, 2019 /PRNewswire/ — Genie Music Corp., a music subsidiary of KT Corp. (KRX: 030200; NYSE: KT), has introduced the first immersive music service in the world, Virtual Play (VP), with a K-pop album.

Targeting K-pop fans around the world, the new five-track album features the hottest hits from Korean girl group Mamamoo, including “Decalcomanie” and “Gogobebe,” which can be played in first-person ultra-high-definition (UHD) through 360-degree 3D-8K Virtual Reality (VR) technology.

Virtual Play is Genie Music’s latest music service, combining music with KT’s cutting-edge information and communications technologies (ICTs), including VR, augmented reality (AR) and holograms. The service is based on the world’s first nationwide commercial 5G network, which was launched by the Korean telecom leader in April.

“Innovation in music players is changing the many ways in which people can appreciate music,” said Genie Music’s CEO Cho Hoon. “Virtual Play, the first of its kind in the world, will delight global K-pop fans with immersive audiovisual music that can be enjoyed anytime, anywhere, unlike LPs and CDs.”

Genie Music has three key strategies to build an immersive content ecosystem over the next five years: create a new market in cooperation with K-pop production companies; refine 5G-based immersive music services; and diversify VP business models that target global K-pop fandom. The company will strengthen cooperation with its shareholders KT, LG U� and also CJ ENM, the strongest content powerhouse in the country.

Mamamoo’s VP album consists of application-type immersive content, head mount display (HMD), SD memory card and the artists’ photo book. It offers 1.5 million pixel resolution, which is five times more vivid than previous VR content, 290,000 pixels.

The video provides 360-degree views extending 180 degrees up and down, whereas previous content displayed VR images within 180 degrees on the front side. Viewers can make eye contact with each member of the group performing within arm’s reach and also watch their performance from behind.

Genie Music is also pushing ahead with development of real-time VR video stitching technology with ALPHACIRCLE Inc. This will enable the company to provide 5G-based, real-time streaming service of immersive VP music from K-pop concerts and music festivals.

As K-pop fandom spreads worldwide, Genie Music expects there will be greater demand of immersive content service beyond time and space. The global VR market will approximately amount to US$15 billion (around 119 trillion won) in 2022, according to the Korea Institute of ST Evaluation and Planning (KISTEP).

In the third quarter of 2019, Genie Music’s total sales reached 169.4 billion won, owing to its upgrades in music content and expansion in the AI streaming market with ultra-connectivity. Operating profit was 6.1 billion won.. The company is taking a lead role in the evolution of music service as the only streaming service provider of 5G-based, 24bit Free Lossless Audio Codec (FLAC) music in South Korea.


For inquiries, please contact our Global Media Relations Team at


KT Corporation, Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

For more information, please visit our English website at

Photo –

SOURCE Genie Music Corp

Asian Markets Mostly Higher After Fed Decision

(RTTNews) – Asian stock markets are mostly higher on Thursday following the positive cues overnight from Wall Street after the U.S. Federal Reserve announced its decision to leave interest rates unchanged and also signaled it expects interest rates to remain on hold throughout 2020.

Investors also looked ahead to developments on the U.S.-China trade front as a fresh round of U.S. tariffs on Chinese goods are set to kick in on December 15.

The Australian market is declining despite the positive cues from Wall Street.

The benchmark SP/ASX 200 Index is losing 32.10 points or 0.48 percent to 6,720.50, after touching a low of 6,713.10 earlier. The broader All Ordinaries Index is lower by 31.30 points or 0.46 percent to 6,821.90. Australian stocks closed higher on Wednesday.

Among the big four banks, ANZ Banking and Westpac are losing more than 1 percent each, while Commonwealth Bank and National Australia Bank are lower by almost 1 percent each.

Oil stocks are weak after crude oil prices declined overnight. Oil Search is declining more than 1 percent, Santos is lower by 0.5 percent and Woodside Petroleum is down 0.4 percent.

Gold miners are also lower, despite gold prices rising overnight. Newcrest Mining is declining 0.7 percent and Evolution Mining is down 0.3 percent.

Bucking the trend, the major miners are modestly higher. Fortescue Metals is rising 0.3 percent, Rio Tinto is adding 0.2 percent and BHP is edging up 0.1 percent.

Wellard Ltd. said it has sold Ocean Shearer, the world’s largest purpose-built livestock carrier, for $53 million to Kuwait-based transport company Al Mawashi Ltd. The live exporter’s shares are gaining more than 19 percent.

On the economic front, Australia will see inflation expectations for December today.

In the currency market, the Australian dollar rose to a one-month high against the U.S. dollar on Thursday after the Federal Reserve left interest rates unchanged. The local currency was quoted at $0.6868, up from $0.6818 on Wednesday.

The Japanese market is modestly higher in choppy trade with investors remaining cautious as they digested data that showed Japan’s core machine orders declined for a fourth straight month in October.

The benchmark Nikkei 225 Index is adding 34.77 points or 0.15 percent to 23,426.63, after touching a low of 23,360.43 earlier. Japanese shares closed modestly lower on Wednesday.

Market heavyweight SoftBank Group Corp. is lower by 0.2 percent, while Fast Retailing is unchanged.

The major exporters are mostly lower on a stronger yen. Panasonic is declining more than 1 percent, Mitsubishi Electric is lower by almost 1 percent and Canon is down 0.5 percent, while Sony is adding 0.5 percent.

Among auto stocks, Honda Motor is losing more than 1 percent and Toyota Motor is edging down 0.1 percent. In the oil sector, Inpex is lower by almost 1 percent and Japan Petroleum is down 0.2 percent after crude oil prices declined overnight.

Bucking the trend, tech stock Tokyo Electron is gaining more than 3 percent and Advantest is rising almost 3 percent.

Among the other major gainers, Sumco Corp. is rising more than 3 percent, while Pacific Metals and Screen Holdings are higher by more than 2 percent each.

On the flip side, Nippon Suisan Kaisha is losing more than 3 percent, while Shinsei Bank, Konami Holdings and Nomura Holdings are lower by more than 2 percent each.

On the economic front, the Cabinet Office said that the total value of core machine orders in Japan was down a seasonally adjusted 6.0 percent on month in October, coming in at 798.8 billion yen. That missed forecasts for an increase of 0.7 percent following the 2.9 percent decline in September.

In the currency market, the U.S. dollar is trading in the mid 108 yen-range on Thursday.

Elsewhere in Asia, South Korea, Hong Kong and Taiwan are all rising more than 1 percent each, while Singapore is advancing almost 1 percent. New Zealand and Malaysia are also higher. Meanwhile, Shanghai is modestly lower and Indonesia is little changed.

On Wall Street, stocks closed higher on Wednesday after the Federal Reserve announced its decision to leave interest rates unchanged after three straight rate cuts. The decision was widely anticipated, although the Fed’s economic projections provided along with the announcement also showed a majority of meeting participants now expect interest rates to remain on hold throughout 2020.

The Dow crept up 29.58 points or 0.1 percent to 27,911.30, the Nasdaq climbed 37.87 points or 0.4 percent to 8,654.05 and the SP 500 rose 9.11 point or 0.3 percent to 3,141.63.

The major European markets also saw some strength on Wednesday. The U.K.’s FTSE 100 Index closed just above the unchanged line, while the French CAC 40 Index crept up by 0.2 percent and the German DAX Index climbed by 0.6 percent.

Crude oil prices declined on Wednesday after data showed a surprise increase in crude inventories in the U.S. in the week ended December 6. WTI crude for January dipped $0.48 or about 0.8 percent to $58.76 a barrel.

UK House Prices Drop Most Since April: RICS

(RTTNews) – UK house prices declined at the fastest pace since April as uncertainties from Brexit and general election weighed on the property market, survey data from the Royal Institution of Chartered Surveyors, or RICS, showed on Thursday.

The house price balance fell to -12 in November from -5 in October.

New buyer enquiries and sales also declined in November but expectations for property sales over the next year improved.

Whatever happens in the general election today, it is important that the new government provides reassurance both over the stewardship of the economy and the ongoing challenges around Brexit,” said RICS Chief Economist Simon Rubinsohn.