Posts by Riah Marton
Tat Seng Packaging H1 profit rises 20.3% to S$10.1 million
CORRUGATED paper packaging manufacturer Tat Seng Packaging posted a 20.3 per cent increase in net profit to S$10.1 million for its first half year ended Jun 30, up from S$8.4 million a year ago. This was mainly due to higher revenue from its China operations and increased finance income, the group indicated in financial statements…
Read MoreEurope’s auto chipmakers have a deepening China habit
AS ADVANCED semiconductor companies in the US and allied countries pull back from China, a less glamorous sector of the chip market is turning even more to the world’s second-biggest economy. This season’s earnings show just how important China is to the largest players in automotive chipmaking at a moment when sales are suffering due…
Read MoreChilling Newly Released Bodycam Footage Shows Cops Stumble Across Trump Shooter Thomas Matthew Crooks on Rooftop Pointing His Gun [WATCH]
![Chilling Newly Released Bodycam Footage Shows Cops Stumble Across Trump Shooter Thomas Matthew Crooks on Rooftop Pointing His Gun [WATCH]](https://data.ibtimes.sg/en/full/76146/thomas-matthew-crooks.jpg "Chilling Newly Released Bodycam Footage Shows Cops Stumble Across Trump Shooter Thomas Matthew Crooks on Rooftop Pointing His Gun [WATCH]")
Newly released bodycam footage captures the moment a police officer is lifted onto the roof where Thomas Crooks, the would-be assassin of Donald Trump, was stationed — and later revealed he warned agents about the spot. The officer finds himself facing the barrel of the gunman’s weapon. The footage, provided to Fox News Digital, was…
Read MoreDisney to spend US$5 billion in Europe, UK on new blockbusters: FT
DISNEY plans to spend at least US$5 billion in the UK and continental Europe over the next five years to produce blockbuster movies and TV shows, Jan Koeppen, its president across Europe, the Middle East and Africa, told Financial Times (FT) on Friday (Aug 9). The company will commit about US$1 billion a year in…
Read MoreSHOCKING: Woman Dies after Getting Entangled in Conveyor Belt System at Chicago Airport
A woman has tragically died after getting caught in an airport baggage carousel. Her body was found entangled in machinery a baggage-processing area at O’Hare international airport in Chicago on Thursday. Police said she was 57 but have not released her name. According to a spokesperson from the Department of Labor, the woman was not…
Read MoreBitcoin bounces back above US$60,000 as Asian stocks rebound
BITCOIN continued to rally in tandem with a rebound in Asian equities on Friday (Aug 9) after a bruising selloff. The original cryptocurrency rose as much as 5.3 per cent to briefly top US$62,000, extending gains from Thursday. The moves marked a turnaround from earlier this week when the market posted its steepest decline since…
Read MoreNoah Lyles Reveals His Olympics 2024 Is Over as He Is Wheeled Off Tracks after Winning Bronze in 200m Without Disclosing Others He Has Covid
Noah Lyles competed in the men’s 200m final despite having Covid-19 and had to be taken out of the Stade de France in a wheelchair after finishing third place but later said that he has never felt prouder of himself. However, the Team USA star also announced that his Paris Olympics experience is likely over.…
Read MoreAlibaba, Tencent to provide snapshot of China’s economic landscape
ALIBABA Group, Tencent and JD.com will provide a snapshot of China’s economy and consumer sentiment, as another somber earnings season is expected in the region. The tech giants remain focused on boosting shareholder returns, so more buybacks might be in store when they report, according to Bloomberg Intelligence (BI) analysts Robert Lea and Jasmine Lyu. …
Read MoreAsia: Stocks track Wall St rally as US jobs data ease recession fears
ASIAN stocks rallied Friday (Aug 9) as investors breathed a sigh of relief after US jobs data soothed concerns that the world’s top economy could tip into recession, bringing a painful week to a positive end. Equities across the planet have seen big fluctuations since a closely watched gauge of the US labour market came…
Read MoreEx-Mozambique minister guilty of fraud tied to Credit Suisse
MOZAMBIQUE’S former finance minister Manuel Chang was convicted of US charges that he was part of a US$2 billion bond fraud scandal that ensnared Credit Suisse Group AG and triggered a financial crisis for the African nation. A federal jury in Brooklyn, New York, on Thursday (Aug 8) found Chang guilty of conspiracies to commit…
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