Posts by Yurie Miyazawa
Boeing faces new civil trial over 2019 Ethiopian Airlines crash
[NEW YORK] Boeing is poised to face a jury trial from Monday over the fatal 2019 crash of an Ethiopian Airlines 737 MAX plane, the first civil case related to the disaster to reach court. The Chicago trial, expected to last two weeks, was to feature two plaintiffs who lost family members in the calamity.…
Read MoreThe Hour Glass to acquire newly incorporated SPV for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country [SINGAPORE] The Hour Glass’ wholly owned unit in Australia has signed a deal to buy SPV, a watch retailer Down Under for A$90 million (S$72.4 million). It announced on Monday (Apr 7) that newly-incorporated SPV – whose principal activity…
Read MoreSingapore’s STI plunges 8.5%, Japan’s Nikkei drops over 8% as Asian markets sell off sharply
No respite for Asian markets after massive losses last week following Trump’s tariff announcements [SINGAPORE] The selloff continued as Asian markets tumbled on Monday (Apr 7) morning, following US President Donald Trump’s sweeping tariff announcement last Wednesday. The Straits Times Index (STI) plummeted by 8.5 per cent, falling below 3,500 with a drop of more…
Read MoreKarin leans into Chinese tech demand to keep 47-year profit run alive
[SINGAPORE] Few companies can boast a flawless track record – but Karin Technology has never booked a loss in its 47-year history, a streak chief executive Michael Ng credits to strict financial controls instilled from day one. Recalling an incident of over-trading in its early years that could have been “the end of the company”…
Read MoreDon’t catch the falling knife: Why analysts say it’s time to stay defensive
[SINGAPORE] Amid one of the steepest equity sell-offs in years on Wall Street, the more adventurous investors may be tempted to “buy the dip”, but equity analysts are advocating a risk-off strategy and a shift towards defensive plays instead. “For now, we continue to caution against prematurely buying into market weakness, especially in the US,”…
Read MorePSL becomes Uni-Asia substantial shareholder; Oceanus Group’s Peter Koh adds to stake
[SINGAPORE] Over the four trading sessions from Mar 28 to Apr 3, institutions were net buyers of Singapore stocks, with net institutional inflow of S$76 million, partially reversing the S$170 million net outflow over the preceding 10 sessions. This brought the net institutional outflow for the year to Apr 3 to S$1.54 billion. Institutional flows …
Read MoreTrump’s ‘Liberation Day’ will go down in history – just not as he hoped
IT’S starting to look like one of the largest self-inflicted wounds the US has ever suffered. The broad S&P 500 – the measure of US economic expectations and the cornerstone of millions of retirement accounts – fell almost 12 per cent in the first two sessions following the White House’s unveiling of sweeping tariffs on Wednesday (Apr…
Read MoreTrump’s ‘Liberation Day’ will go down in history – just not as he hoped
IT IS starting to look like one of the largest self-inflicted wounds the US has ever suffered. The broad S&P 500 – the measure of US economic expectations and the cornerstone of millions of retirement accounts – fell almost 12 per cent in the first two sessions following the White House’s unveiling of sweeping tariffs on Wednesday…
Read MoreCloud Computing Myths Busted
Cloud computing has taken the tech world by storm, offering businesses and individuals a way to access resources and services over the internet. But with its rise in popularity, a lot of myths have popped up. In this article, we’ll clear up some of the most common misconceptions about cloud computing, helping you understand the…
Read MoreIntel, TSMC recently discussed chipmaking joint venture: report
The world’s largest contract chipmaker will take a 20 per cent stake in the new company, the report says [BENGALURU] Intel and Taiwan Semiconductor Manufacturing Company (TSMC) have recently discussed a preliminary agreement to form a joint venture to operate the US chipmaker’s factories, the Information reported on Thursday (Apr 3), citing two sources involved…
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