News archive from 10 January 2012, page 7

Singapore Hot Stocks-Rigbuilders up on strong order outlook

DMG & Partners, which hosted Sembcorp Marine's chief financial officer Tan Cheng Tat at a recent event, said management was confident of winning more than S$5 billion ($3.9 billion) of new orders in 2012, higher than S$3.7 billion in 2011....

 
CES: Intel readies Ultrabook marketing barrage

CES: Intel readies Ultrabook marketing barrage

The global campaign kicks off in April and is expected to surpass Intel 2003 efforts to promote its Centrino technology for wireless connectivity in laptops. Intel spent about $300 million on that campaign. "Our focus for 2012 is to drive...

 
CES: Samsung aims for 16 percent boost in 2012 TV sales

CES: Samsung aims for 16 percent boost in 2012 TV sales

At the Consumer Electronics Show in Las Vegas this week, TV makers from Samsung and LG Electronics Inc unveiled improved versions of Internet-enabled TVs with 3D, voice and motion recognition capabilities. Executives from Samsung, one of the few...

 

RESEARCH ALERT-HSBC upgrades Singapore Air to overweight

STATEMENT: HSBC said that after underperforming the MSCI index for Asia Pacific ex-Japan by 15 percent in the past three months, it believes that "compelling value has emerged" and that the downgrade cycle for the company has run out of...

 

Olympus sues current, former executives

The company's share price, however, surged nearly 30 percent on the news, with investors looking forward to the eventual renewal of the board and to Olympus finally drawing a line under a $1.7 billion accounting fraud. Olympus has lost almost 50...

 
RBS to cut thousands of investment banking jobs

RBS to cut thousands of investment banking jobs

The review of part-nationalised RBS's Global Banking and Markets (GBM) division is likely to be released on Thursday and will see RBS say it may sell some businesses, such as Hoare Govett and cash equities, and scale back across most areas of the...

Reuters, 04:24 in Business
 

Alcoa gives positive aluminum outlook

The largest U.S. aluminum producer forecast 7 percent growth in global aluminum demand this year and said cutbacks in production will result in a global supply deficit of 600,000 tonnes in 2012. Alcoa added that its growth projection was ahead of the...

Reuters, 04:24 in Business
 
China export growth slows on weak demand from Europe

China export growth slows on weak demand from Europe

Growth in China's exports slowed in December because of sluggish demand from the US and Europe. Exports rose by 13.4% from a year earlier, which was less than November's year-on-year rise of 13.8%. Import growth during December also slowed, rising...

BBC, 04:45 in Business
 
CES: YouTube eyes gadgets, channels to boost viewership

CES: YouTube eyes gadgets, channels to boost viewership

The next challenge for the popular service, which already has 800 million viewers a month, is to make YouTube a more central part of these viewers' lives, said Robert Kyncl, YouTube vice president in charge of content partnerships. "What we want...

 
BRUCIE CELEBRATES 80TH BIRTHDAY

BRUCIE CELEBRATES 80TH BIRTHDAY

Showbiz legend Bruce Forsyth celebrates his 80th birthday. To mark the occasion, the Strictly Come Dancing host is holding a press conference at London's Dorchester Hotel, followed by a lavish party for family and friends. In an interview last week,...

 
Ford's chief poses succession dilemma for the company

Ford's chief poses succession dilemma for the company

For once the rock star comparison doesn't seem quite so absurd. For the latest product launch, at this year's Detroit motor show, Ford CEO Alan Mulally strode into the arena in the usual blazing spotlights, billowing dry ice and blaring music. It's...

BBC, 05:25 in Business
 
Microsoft boss hits familiar chord

Microsoft boss hits familiar chord

Microsoft CEO Steve Ballmer struck familiar chords on Monday in his swan song at the International Consumer Electronic Show. Much of his 70-minute presentation in Las Vegas revolved around Microsoft's work on software that Ballmer has been promising...

 
HUFFMAN QUIZZES MACY OVER SEX SCENES

HUFFMAN QUIZZES MACY OVER SEX SCENES

WILLIAM H. MACY is bombarded with questions from his wife FELICITY HUFFMAN after every SHAMELESS sex scene he shoots. The actress admits she's not fond of watching her husband play alcoholic patriarch Frank Gallagher in the U.S. series because he...

 
Swiss cenbank seeks new member after chief quits

Swiss cenbank seeks new member after chief quits

Hildebrand's wife Kashya, a former hedge fund trader who now runs a Zurich art gallery, bought 400,000 Swiss francs (269,956.08 pounds) worth of dollars on August 15, three weeks before her husband oversaw steps to cap the rise of the safe-haven...

Reuters, 05:56 in Business
 

Police find 15 bodies in western Mexico

The victims, which were discovered along with threatening messages, were left on a highway on the outskirts of Zitacuaro, a city some 160 kilometres (100 miles) west of Mexico City, the state attorney general's office said. Local emergency services...

 


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