SEMICONDUCTOR solutions provider AEM Holdings suffered a recent IT breach that resulted in unauthorised access to its network, the company disclosed in a Monday (Sep 5) bourse filing. It did not elaborate when the breach occurred.AEM has since contained the incident and prevented further unauthorised access, it said, adding that the business remains operational. The company has engaged incident response consultants and external counsel to assess and manage the incident.The breach is not expected to have a material adverse impact on AEM’s earnings per share for FY2022 ending December.“The company takes IT security risks seriously and is conducting a rigorous review of the Incident and its IT systems to ensure that they remain robust, and the data it is entrusted with remains safe and secure

Singapore Airlines Pulls Another Airbus A380 Out Of Desert StorageThe good news for A380-lovers continues this week as another superjumbo has emerged from long-term storage. On July 1st, Singapore Airlines brought back an Airbus A380 from Australia, flying the jet from Sydney to Singapore Changi. During the worst of the pandemic, Singapore Airlines had stored eight of the type in the Australian outback. That number is now down to two as more jets come back online to fly passengers around the world.Source : https://simpleflying.com/singapore-airlines-a380-reactivation-june-2022/amp/

The Most Important Lesson Alphabet and Tesla Investors Can Learn From Amazon's Stock SplitHow will Alphabet and Tesla perform after their stock splits? There's a key lesson to be learned from Amazon.Could 2022 go down in the books as the year of the stock split? Maybe so. Several companies have already conducted splits this year, notably Amazon (AMZN -0.68%). Others are on the way, with investors especially anticipating upcoming stock splits for Alphabet (GOOG 0.72%) (GOOGL 0.48%) and Tesla (TSLA 2.54%).You'll no doubt be able to find very different opinions about the merits of buying these stocks before or after their respective splits. But you can often gain insight into what the future might hold by looking at the past. Here's the most important lesson Alphabet and Tesla investors can l

$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$Relax.Not dumping... yesterday share price was       1 existing + 1 spin off. Today the share price is only 1 existing and no spin off. Share holders will receive their spin off shares on 28 April.Today is ex - entitlement.  If you buy the       share today, You will not be entitled to the     share of the spin off.

Elon Musk’s Twitter Takeover Could Sink TSLA Stock*Investors are still waiting to learn if Elon Musk will acquire Twitter.*Since the deal’s announcement, both TWTR and Tesla stock have been turbulent.*Now experts worry that moving the deal forward could compromise TSLA stock further.Tesla stock has already declined 38% in 2022, but news of Elon Musk’s mission to acquire Twitter (NYSE:TWTR) could further accelerate its downtrend.For Musk, acquiring a company with a $30 billion market capitalization meant securing multiple sources of funding. He procured $7 billion from different entities including venture capital firm Andreessen Horowitz and tech mogul Larry Ellison. Crypto exchange Binance committed $500 million in equity funding. He also raised $12.5 billion through a margin loan, borrowe

Musk says there are still a few unresolved matters with Twitter dealElon Musk said there are still a few unresolved matters with his Twitter deal including the number of spam users on the system and the coming together of the debt portion of the deal.Musk, the world's richest person according to Forbes magazine, agreed to buy Twitter for US$44 billion."We're still awaiting resolution on that matter, and that is a very significant matter," he said, reiterating doubts over Twitter's claims that false or spam accounts represented fewer than 5 per cent of its monetisable daily active users."And then of course, there's the question of, will the, the debt portion of the round come together? And then will the shareholders vote in favour?"Musk, who spoke at the Qatar Economic Forum organised by Bl

Why Is Palantir (PLTR) Stock Up Nearly 10% Today?Palantir announced U.S. Space Systems Command (SCC) has awarded the company with an additional $53.9 million for its existing national security contract. This increase is on top of an existing $121.5 million contract, bringing the value of Palantir’s work to more than $175 million for this client alone.As a major player in the big data space, part of Palantir’s allure has been the company’s close connections with big government agencies. As far as revenue stability is concerned, this plays significantly into the company’s bull thesis. Indeed, this data-as-a-service company has become a meme stock in its own right, surging during last year’s impressive rally.source : https://investorplace.com/2022/06/why-is-palantir-pltr-stock-up-10-toda

Elon Musk envisions remaking Twitter in WeChat’s image>‘You basically live on WeChat in China. If we can re-create that with Twitter, we’ll be a great success’>Musk has agreed to acquire the social media platform for US$44 billion, but the deal has not yet Elon Musk, the CEO of Tesla Motors and founder of SpaceX, believes Twitter needs to be more like China’s WeChat to be successful. In a video meeting with about 8,000 Twitter employees on Thursday, Musk shared his vision for the social media platform, which he has agreed to buy for US$44 billion. The question and answer session was unusual since the deal, which was announced in April, has not yet closed and the acquisition is wobbly given the drop in the price of the Tesla shares that may finance the purchase.“There’s no WeChat

Elon Musk to Participate in Twitter All-Hands Meeting Thursday Elon Musk is set to participate in an all-hands meeting with Twitter Inc. employees on Thursday, marking the first time the billionaire will have spoken directly with the company's workforce since he began his courtship of it in April.Twitter Chief Executive Parag Agrawal announced the meeting in an email to staffers on Monday, saying they could submit questions for Mr. Musk in advance, a spokesman said. The company's marketing chief, Leslie Berland, will moderate the event, he said.Details of the meeting were earlier reported by Business Insider.Source : https://www.wsj.com/articles/elon-musk-to-participate-in-twitter-all-hands-meeting-thursday-11655165470

DBS raises 2-year fixed home loan rate to 2.75% per annum, highest among local banksDBS has just raised its rates on all home loan packages to 2.75 per cent per annum, placing it the highest among the trio of local banks.This comes after both UOB and OCBC raised rates on their home loan packages. OCBC and UOB’s fixed rates for 2-year home loan packages are at 2.65 per cent per annum.About 3 months ago, the DBS rate was 1.65 per cent for a 2-year fixed loan and 1.85 per cent for 3-year loans.The higher interest rates come in an economic climate where most seem to be expecting further rate hikes from the US Federal Reserve after Fed chair Jerome Powell’s indication that more of such hikes may be on the cards in the near future. Singapore, being a small and open economy, is highly susceptible