ICT magazine

Cheryl Cole could be heading Stateside to judge The X Factor. The Girls Aloud beauty is well on her way to signing a $2.2million deal with the US version of Simon Cowell’s popular UK talent show, according to new reports out of Britain. She’s been laying low since announcing the ...

Pop singer Britney Spears has reportedly broken up with her boyfriend Jason Trawick. What do you expect from a couple whose idea of a romantic dinner for two is the drive-thru at Mickey D’s? The couple parted ways last month after about a year of dating, according to reports. However, the singer’s ...

Talk show host Oprah Winfrey has been told by a US judge she must defend a defamation case filed against her by the former headmistress of her girls’ school in South Africa. Judge Eduardo Robreno refused to dismiss the legal action on March 15, saying Nomvuho Mzamane had enough evidence to ...

Singapore shares on track for highest close in 9 weeks, with US futures providing supportive lead (DJIA +21 points), says Dow Jones Newswires. STI is up 0.7% at 2,916.50 with resistance tipped at current 2010 high of 2,947. Dealer at local brokerage says Fed statement that US interest rates ...

FBI whistleblower Colleen Rowley was interviewed by Scott Horton, professor at Columbia Law School and Contributing Editor of Harper’s Magazine. Rowley said that in her testimony to the Joint Intelligence Committee regarding 9/11, she was “minded�...

Singapore shares extend gains as solid rises for key regional bourses underpin initial boost from hopes US interest rates to stay low for some time, reported Dow Jones Newswires. The STI is up 0.6% at 2,914.60 at midday vs morning low of 2,896.57 (flat) with resistance tipped at 2010 ...

Sound Global (E6E.SG), formerly known as Epure International, heads higher as news of new credit line reassures investors, reported Dow Jones Newswires. Chart shows reasonable traded volume, suggests buying appetite has some momentum, shares could have further upside with resistance tipped at current 2010 high of $1. Water and ...

Singapore’s STI trades above 2,900 level for first time in 8 weeks as Fed’s commitment to keep US interest rates low provides lift; STI last +0.2% at 2,901.44 with next resistance tipped at current 2010 intraday high of 2,947 (hit on Jan. 11). Read more...

Singapore’s benchmark Straits Times Index (.FTSTI) rose 0.77% to 2,896.43 points. US stocks rose to a new 17-month high last night after the Federal Reserve held benchmark rates near zero and maintained its pledge to keep them low for an extended period. Read more...

A promoter behind Lady Gaga’s Monster Ball World Tour has blamed fatigue and dehydration for the star’s lackluster performance and near collapse during a show in New Zealand last Saturday night. Fans of outlandish songstress were left fearing for her health after it appeared she nearly passed out during her gig ...

Sound Global, the China-based turnkey water and wastewater treatment solutions provider formerly known as Epure International, says it has secured a credit line of US$600 million ($837 million) from China Merchants Bank today. Sound Global intends to use this major credit facility to finance the group’s working capital requirements for ...

Mumbai, March 15 : Pharma major Ranbaxy Laboratories Friday said it will launch anti-diabetic drug Actos in the US by 2012. Ranbaxy, majority owned by Japan’s Daiichi Sankyo, said it has settled litigation with the country’s Takeda Pharmaceutical over a generic equivalent version of the medicine and received a non-exclusive royalty ...

Washington, March 16 India has not abandoned the “path of dialogue” but possesses the capacity “to deal effectively with those that pursue destructive agendas” against the country, India’s Foreign Secretary Nirupama Rao said in a major address here Monday. Despite the provocations we have faced constantly from terrorists whose linkages we ...

Neptune Orient Lines Ltd. said its unit APL (Bermuda) is taking a term loan of US$300 million ($419 million) from banks and financial institutions. The loan, which is guaranteed by NOL, will be used for general corporate funding purposes, the company said in a statement to the Singapore stock exchange ...

Cosco (F83.SG) has gained 0.8% at $1.26, extending yesterday’s 1.6% gain, as news of company landing rig building contract worth over US$500 million ($699 million) continues to spur interest, reported Dow Jones Newswires. Read more...

CIMB has raised Cosco Corp. (F83.SG) target price to $0.87 from $0.67 on earnings upgrades following news yesterday of contract win from Sevan Marine worth more than US$500 million ($699 million), reported Dow Jones Newswires. Read more...

AU Optronics is the first major Taiwanese LCD screen manufacturer that is going to build an advanced LCD factory in China. It is planned to build a 7.5-generation LCD panel factory for US$3 billion in Kunshan, China. The company will be able to spend $1.2 billion of its own money ...

Phillip Securities has upgraded Cosco (F83.SG) to “buy” from “sell”, raising its target price to $1.45 from $1.03, based on 2.80x FY10 P/B vs 2.01x previously. Also increases FY10-12 earnings estimates by 8.1%, 6.9%, 8.3% respectively to reflect contributions from new contract worth over US$500 million ($699 million) to ...

Singapore’s benchmark Straits Times Index (.FTSTI) slipped 0.24% to 2,874.33 points yesterday. US stocks were little changed last night as a late rebound in financial stocks offset nagging worries the Chinese government may tighten credit, a move that could slow growth in the global economy. Here are some stocks and ...

Ring The Alarm: Lady Gaga is bringing her “Poker Face” Stateside. On Monday, the pop star unveiled 31 new tour dates headed for the US and Canada. The “Telephone” singer will kick off the new leg of her North American Monster Ball Tour in Montreal on June 28. The upcoming ...