
U.S. FAA issues impact notices on 5G wireless aviation
The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics.

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics.

Malaysia said on Thursday it has recovered enough funds linked to scandal-tainted state fund 1Malaysia Development Berhad (1MDB) to pay off only the principal amount of the debt still owed by the firm this year.

Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation data was not hot enough to force even faster monetary tightening by the Federal Reserve.

Bank stocks have rallied in recent weeks, but a pick-up in hedging on a key financial sector exchange-traded fund may be a sign that investors are wary of earnings season volatility, options market experts said.

Pfizer Inc (PFE.N) said on Tuesday it is reducing its U.S. sales staff as it expects doctors and other healthcare providers to want fewer face-to-face interactions with sales people after the COVID-19 pandemic ends.

Hong Kong will soon feel the negative effects of tougher COVID-19 quarantine curbs on air crew, with cargo traffic and the supply of goods into the city set to drop, Chief Executive Carrie Lam said on Wednesday.

Philips shares (PHG.AS) plunged more than 11% on Wednesday morning after the Dutch health technology company hiked the cost of its massive recall of ventilators and said earnings would take a big hit from global supply chain shortages

As stocks attempt to climb back from a brutal sell-off, investors are watching a variety of metrics to decide whether to buy the rally or brace for more declines.

Toshiba Corp’s (6502.T) proposal to split itself into three companies won’t solve its governance issues and the conglomerate should prioritise an overhaul of its board and management, said a senior executive at one of Japan’s largest pension funds.

If the world’s big central banks are convinced the economic emergency is over and policy should start to return to pre-pandemic settings, the ECB is likely to beat the Fed to it.

The Federal Aviation Administration (FAA) began publishing notices early on Thursday that detailed the extent of potential impact of new 5G wireless service on sensitive aircraft electronics.

Malaysia said on Thursday it has recovered enough funds linked to scandal-tainted state fund 1Malaysia Development Berhad (1MDB) to pay off only the principal amount of the debt still owed by the firm this year.

Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation data was not hot enough to force even faster monetary tightening by the Federal Reserve.

Bank stocks have rallied in recent weeks, but a pick-up in hedging on a key financial sector exchange-traded fund may be a sign that investors are wary of earnings season volatility, options market experts said.

Pfizer Inc (PFE.N) said on Tuesday it is reducing its U.S. sales staff as it expects doctors and other healthcare providers to want fewer face-to-face interactions with sales people after the COVID-19 pandemic ends.

Hong Kong will soon feel the negative effects of tougher COVID-19 quarantine curbs on air crew, with cargo traffic and the supply of goods into the city set to drop, Chief Executive Carrie Lam said on Wednesday.

Philips shares (PHG.AS) plunged more than 11% on Wednesday morning after the Dutch health technology company hiked the cost of its massive recall of ventilators and said earnings would take a big hit from global supply chain shortages

As stocks attempt to climb back from a brutal sell-off, investors are watching a variety of metrics to decide whether to buy the rally or brace for more declines.

Toshiba Corp’s (6502.T) proposal to split itself into three companies won’t solve its governance issues and the conglomerate should prioritise an overhaul of its board and management, said a senior executive at one of Japan’s largest pension funds.

If the world’s big central banks are convinced the economic emergency is over and policy should start to return to pre-pandemic settings, the ECB is likely to beat the Fed to it.
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