(Sept 11): Apple’s biggest surprise at its keynote address on Tuesday was not a new feature, device, or service, but an aggressive pricing strategy that’s a departure for the premium electronics maker.
The iPhone 11 starts at US$699 ($965), down from the iPhone XR’s US$749 price last year. The XR stays in the lineup for US$599, a US$150 decrease for a phone that’s only a year old. That’s one of the biggest year-over-year reductions in iPhone history.
SINGAPORE (Sept 2): “What Elon Musk wants to produce is a lifestyle. We are not interested in a lifestyle. We are interested in proper solutions that will address climate problems.” — Masagos Zulkifli, Singapore’s minister for environment and water resources, rebutting Tesla boss’ criticisms that Singapore is slow to adopt electric vehicles.
Hyflux denies deal with Utico — in yet another clarification
SINGAPORE (July 15): On July 16, top executives from tech behemoths Facebook, Google’s owner Alphabet, Amazon.com and Apple will testify before the US House Committee on the Judiciary. The congressional hearing, part of a wide-ranging antitrust probe of the tech players that have a combined market capitalisation of US$3.3 trillion ($4.49 trillion), will cover their potential threat to competition and innovation as well as whether their continued dominance is harmful to consumers or business rivals.
SINGAPORE (July 15): On July 16, top executives from tech behemoths Facebook, Google’s owner Alphabet, Amazon.com and Apple will testify before the US House Committee on the Judiciary. The congressional hearing, part of a wide-ranging antitrust probe of the tech players that have a combined market capitalisation of US$3.3 trillion ($4.49 trillion), will cover their potential threat to competition and innovation as well as whether their continued dominance is harmful to consumers or business rivals.
SINGAPORE (May 27): Mark Wee, executive director of DesignSingapore Council, is all too familiar with the narrow definition of “design”. Asked what it is, the response from any given audience would typically be “fashion design” or “interior design”.
(July 8): Take a minute to think about just how much technology has changed your life, in ways previously un-imaginable. The introduction of ride sharing was one such development. Has it occurred to you to be a part-owner in the same company that you derive immense utility from?
Interested? You are not alone. But many of my friends express caution investing in the stock market and avoid it like the plague. Others live and breathe share trading and love the thrill of making a quick buck.
MUMBAI (June 19): Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as a US-China trade war disrupts global supply chains and shows little sign of easing soon, a Thomson Reuters/INSEAD survey found.
The Thomson Reuters/INSEAD Asian Business Sentiment Index tracking companies' six-month outlook worsened in the three months ended June to 53, versus 63 in the previous two quarters.
(June 10): Investors were caught off guard by the sudden US assault on technology giants last week, but behind the scenes, the industry’s biggest companies have been preparing for this moment of reckoning for months.
They have hired lawyers and built up their lobbying shops in response to antitrust investigations that have been well under way in the European Union, and which are just now getting started in Washington.
SINGAPORE (May 27): Mark Wee, executive director of DesignSingapore Council, is all too familiar with the narrow definition of “design”. Asked what it is, the response from any given audience would typically be “fashion design” or “interior design”.
(May 27): Investors should probably brace for a protracted impasse on trade talks between the US and China. After the latest round of tariff hikes by both countries, China appears to have hardened its stance, with state media ramping up nationalistic rhetoric. The US blacklisting of Huawei Technologies raised tensions further and has widespread repercussions for many companies that are part of the complicated global supply chain.
In fact, should the tariff war turn into a bona fide tech war, it is very likely to spell the end of this bull market.
