SGX blames faulty disk for outage; to add data monitoring tests in future

SINGAPORE (July 19): The lengthy response time to July 14’s trading outage has affected SGX’s reputation, the president of the Singapore Exchange (SGX) acknowledged.

“It’s something that we need to now grapple with. It’s a complex equation we have to work through, and the only way is to practice,” Muthukrishnan Ramaswami told The Edge separately during a press briefing today.

Ramaswami also said that the bourse plans to include data reconciliation measures in future simulated market disruption tests.

HP makes waves in among S-REITs

SINGAPORE (July 19): HP is known worldwide for its technology-related products. But to Singapore, it is also a long-time investor and big employer. As the company moves its operating facilities and offices around the island, it will likely leave its mark on its landlord’s portfolio, many of whom are locally listed real estate investment trusts (REITs).

Worldwide PC shipments down 5.2% in 2Q, but turnaround seen, says Gartner

SINGAPORE (July 12): Worldwide PC shipment for the second quarter was down 5.2% y-o-y to 64.3 million units, extending the decline to seven straight quarters. During the quarter, all regions except North America saw a drop in volume. However, Gartner, which released these statistics, sees signs of improvement.

“One of the ongoing problems in the PC market has been the price hike in selected regions due to the weakening local currency against the US dollar,” says Mikako Kitagawa, principal analyst at Gartner.

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