Posts by Yurie Miyazawa
Qualcomm defeats Arm’s claim over chip design licence breach
Qualcomm prevailed at trial against Arm’s claim that it breached a licence for chip technology that the world’s largest maker of mobile-phone processors acquired when it bought a startup in 2021. Jurors in federal court in Delaware concluded on Friday (Dec 20) that Qualcomm did not violate the terms of an agreement covering Arm’s chip…
Read MoreUber investors are calling for more transparency into driver pay
A group of investors in Uber Technologies is calling on the ride-hailing service to disclose more information on how it pays drivers, saying a clearer breakdown is critical to assessing the company’s ability to make money. SOC Investment Group, an adviser to labour union pension funds representing a stake of less than 1 per cent…
Read MoreVenmo vs Cash App: Which Is Safer?
When it comes to sending money quickly and easily, Venmo and Cash App are two of the most popular choices. But, if you’re wondering, is Venmo or Cash App safer? It’s a good question, especially since we all want to keep our money secure. Each app has its own set of features and security measures,…
Read MoreGoogle says it could loosen search deals in US antitrust case
Alphabet’s Google proposed on Friday (Dec 20) a loosening of its agreements with Apple and others to set Google as the default search engine on new devices to address a US ruling that it unlawfully dominates online search. The proposal is much narrower than the government’s bid to make Google sell its Chrome browser in…
Read MoreBillions of dollars, bold action: Emerging markets battle a surging greenback
From Brazil to South Korea, emerging-market central banks are forming a line of defence as a rising US dollar pushes their currencies to multi-year lows. Bangko Sentral ng Pilipinas is watching the peso’s drop closely and has stepped up intervention in the currency market, Governor Eli Remolona said on Friday (Dec 20). Brazil’s central bank…
Read MoreSias to take its Invest Singapore programme to the heartlands
The Securities Investors Association (Singapore), or Sias, will step up efforts to boost retail participation in local stocks in 2025 and build on what has been a bumper year for investors. The initiative involves taking its Invest Singapore programme to the heartlands to encourage more people to look at the market here, while helping them…
Read MoreOil steady as markets weigh Fed rate cut expectations, Chinese demand
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling US inflation. Brent crude futures closed up 6 US cents or 0.1 per cent at US$72.94 a barrel, while US West Texas Intermediate crude futures rose 8 cents or 0.1…
Read MoreCatalist stocks’ poor performance highlights structural issues, market problems
Many have performed poorly since listing, with prices tumbling on the first day of trade and often seeing little to no trading volumes as a result AMID a dearth of new mainboard listings on the Singapore Exchange (SGX), initial public offering (IPO) activity on the local bourse has been propped up by a handful of…
Read MoreOUE Reit divests entire stake in Shanghai office property for 1.9 billion yuan
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai, to an unrelated entity for 1.9 billion yuan (S$357.4 million), said its manager in a bourse filing on Friday (Dec 20). Both the seller and…
Read MoreUS: Wall Street falls at open on concerns over rate outlook
WALL Street’s main indices dropped at the open on Friday (Dec 20) on fears over high interest rates next year, although a cooler-than-expected inflation report for November stymied losses. The Dow Jones Industrial Average fell 46 points, or 0.11 per cent, at the open to 42,296.26. The S&P 500 fell 25.1 points, or 0.43 per…
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