Author: user

[ad_1] (Bloomberg) — Ibiden Co., the dominant supplier of chip package substrates used in Nvidia Corp.’s cutting-edge semiconductors, may need to dial up the pace of production capacity increases to keep up with demand, according to its chief executive officer. Most Read from Bloomberg Sales of the 112-year-old company’s AI-use substrates are robust with customers buying up all that Ibiden has, CEO Koji Kawashima said, adding that that demand is likely to last at least through next year. Ibiden is building a new substrate factory in Gifu prefecture, central Japan, expected to go online at 25% production capacity around the…

Read More

[ad_1] By Hyunsu Yim SEOUL (Reuters) -South Korean investigators have sought an arrest warrant for suspended President Yoon Suk Yeol over this month’s short-lived imposition of martial law, an official said on Monday, the first time an incumbent president has faced such action. Yoon has failed to respond to summons for questioning by police and the Corruption Investigation Office for High-ranking Officials who are jointly investigating whether his Dec. 3 martial-law declaration amounted to insurrection. Police have tried but failed to successfully raid the presidential office as part of the investigation. A Seoul court will decide whether to issue an…

Read More

[ad_1] (Reuters) – A South Korean Jeju Air passenger jet crashed on landing at Muan International Airport on Sunday, killing 179 people in the country’s deadliest air disaster. The following are the final minutes of Flight 7C2216 as provided by South Korea’s transport ministry and fire authorities. All times are Korea Standard Time (GMT+9). 8:54 a.m. – Muan airport air traffic control authorises the aircraft to land on runway 01, which is orientated at 10 degrees east of north. 8:57 a.m. – Air traffic control gives “caution – bird activity” advisory. 8:59 a.m. – Flight 7C2216 pilot reports bird strike,…

Read More

[ad_1] The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results between individual stocks. At this point some shareholders may be questioning their investment in Deutsche Lufthansa AG (ETR:LHA), since the last five years saw the share price fall 60%. We also note that the stock has performed poorly over the last year, with the share price down 24%. Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they’ve been consistent with returns. See our latest analysis…

Read More

[ad_1] By Wayne Cole SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks. Volumes were light with the New Year holiday looming and a rather bare data diary this week. China has the PMI factory surveys out on Tuesday, while the U.S. ISM survey for December is due on Friday. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, but is still 16% higher for the year. eased 0.9%, but is sitting on gains of around 20%…

Read More

[ad_1] With stocks and bonds down, should I use retirement assets, such as a Simplified Employee Pension Plan (SEP) IRA, Roth or annuity, to pay down credit card debt? My stocks are down 15% to 20%, and my annuity is the only investment in the positive. I just turned 59 1/2. My debt is $240,000. -William My first suggestion would be to not make things more complicated for yourself than necessary. Specifically, I mean don’t worry about where the market is in relation to your portfolio. Although it is tempting, trying to coordinate your decisions with market behavior is ultimately…

Read More

[ad_1] South Korea’s acting President Choi Sang-mok has ordered the transport ministry to carry out an emergency safety inspection of the country’s airline operation system, local news agency Yonhap reported Monday.Choi was speaking at a disaster control meeting in Seoul, after a Jeju Air flight crashed at the country’s Muan International Airport on Sunday, leading to 179 fatalities with just two survivors, making it the deadliest air accident in South Korea. “The pilot declared mayday after issuing the bird strike alert,” said Joo Jong-wan, director of aviation policy division at the Ministry of Land, Infrastructure and Transport.Choi pledged that the government…

Read More

[ad_1] New York, New York–(Newsfile Corp. – December 29, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Symbotic Inc. (NASDAQ: NASDAQ:) between February 8, 2024 and November 26, 2024, both dates inclusive (the “Class Period”), of the important February 3, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Symbotic securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join…

Read More

[ad_1] New York, New York–(Newsfile Corp. – December 29, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Aehr Test Systems (NASDAQ: AEHR) between January 9, 2024 and March 24, 2024, both dates inclusive (the “Class Period”), of the important February 3, 2025 lead plaintiff deadline. SO WHAT: If you purchased Aehr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Aehr class action, go to https://rosenlegal.com/submit-form/?case_id=31986 or…

Read More