U.S.-based Tora launched its Crosspoint dark pool service in Japan in February 2010 and says it provides traders with access to more than 5% of the orders passing through the Tokyo Stock Exchange.
Singapore’s November 3G spectrum auction paves way for fourth mobile telephony operator but new entrant unlikely as market already saturated, says Citigroup.
“Given the small size of the Singapore market and saturation levels, it would be very difficult for any new player to profitably come in at such a late stage and build relevant infrastructure,” says Citi.
ComfortDelGro Corporation has made a A$38.8 million ($46.8 million) takeover bid for Swan Taxis Limited, the largest provider of taxi services in the Perth metropolitan market with 1,667 taxis or a 91% share of the market.
If successful, ComfortDelGro says the move will further extend its presence in Australia where it is already one of the largest private bus operators in New South Wales and Victoria.
SMRT (S53.SG) and ComfortDelgro (C52.SG) are faring in line with most other STI components (index +0.1%), suggesting investors generally not concerned about 2.5% reduction in rail, bus fares from July, says Dow Jones.
Serial Multivision Pte Ltd (SMV), a 65% subsidiary of Serial System, has been appointed jointly with AG World Pte Ltd (AGW) as the exclusive outdoor media wall (LED) operator to manage and market the advertising platform.
Intel and Orange, one of the world’s leading telecommunications operators, announced a strategic agreement to deliver Orange multimedia services across a number of devices based on the Intel® Atom™ processor and MeeGo software platform. MeeGo – a result of a merger of the Linux-based Moblin™ and Maemo software projects – enables an open software environment for rapid development of a range of smart, PC-like devices and exciting new services. Establishing a common software framework across multiple devices, ranging from smartphones and tablets to netbooks and laptops, Intel and Orange will simplify access to an increasingly mobile and personalized Internet, driving uptake of new and existing applications and services.
India’s biggest mobile operator makes a fresh attempt to enter Africa
IN SIGNING up over 118m subscribers in India, Bharti Airtel, the country’s biggest mobile-phone operator, has ranged deep into the rural hinterland. In parts of the country, getting reliable reception is easier than finding reliable electricity. Take a ride in one of the four-wheel-drive taxis that ply rural India’s sorry roads and you are sure to see a mobile phone recharging from the cigarette lighter.
For its next 100m customers Bharti is looking even farther afield. On February 15th it confirmed plans to buy the operations of Zain, a Kuwaiti telecoms firm, in 15 African countries, with about 42m subscribers. Accustomed to gentle competition and well-heeled customers in the Middle East, Zain has struggled to make a go of the African market. Seven of its subsidiaries there lost money in the first nine months of last year. …
China’s largest mobile operator has assured its subscribers that their user privacy would be protected amid concern over the filtering of text messages for illegal or pornographic content. The country’s mobile phone users send out a billion SMSes everyday.
Li Kang, deputy director of customer services for China Mobile, said consumers were not affected by the [...]
Singapore Exchange, the operator of the city-state’s securities and derivatives markets, said fourth-quarter profit was $91.2 million or 8.51 cents a share, compared with 8.45 cents a share a year earlier. The company had revenue of $170 million, it said today in a statement.
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ATLANTA (AP) — The ESPN reporter surreptitiously videotaped nude in a hotel room expressed frustration at being “treated like Britney Spears” when she called 911 to report paparazzi gathered outside her Atlanta area home.
In an audiotape released Wednesday, Erin Andrews is heard speaking with a 911 operator in suburban DeKalb County on July 22 to [...]
Crane operator Tat Hong Holdings says the company has sold its 45% interest in KTH Mining Engineering to Kok Tong Construction for $1.1 million as part of the plans to divest its non-core businesses. The profit of $863,786 from the sale will go towards the group’s working capital.
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SAN FRANCISCO — The operator of a light-rail train that crashed and injured dozens of passengers in San Francisco came under scrutiny Sunday as federal investigators tried to figure out why he inexplicably turned off the automatic contro…
WAYNESVILLE, N.C. — A man insisted on being arrested after he walked into a western North Carolina bank while on the phone with a 911 operator to report that he planned to commit a robbery. The Asheville Citizen-Times reported the man in…
Following the neighbour Singapore that already launched iPhone 3GS on July 10 via SingTel, Indonesia’s largest operator, Telkomsel, has published a dedicated pre-order page for iPhone 3GS for Indonesian users.
Starting this week, the country’s users can pre-order 16GB Black, 16GB White, 32GB Black and 32GB White models. Telkomsel, the only operator for Apple’s iPhone in [...]
