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Lexus Accelerates Its Electrified Future with LF-Z Electrified Concept Debut

Toyota City, Japan, Mar 31, 2021 - (JCN Newswire via SEAPRWire.com) - Lexus announced initiatives for the transformation of the Lexus brand through its "Lexus Concept Reveal Show".LF-Z ElectrifiedWith an unyielding spirit of innovation and support from buyers around the world, Lexus has continued to evolve as a luxury lifestyle brand. Lexus has delivered amazing product and brand experiences with new technologies and value since 1989. Now, the automotive industry has entered a period of once-in-a-century transformation. In addition to the growing social mission of carbon neutrality and compliance with the Sustainable Development Goals (SDGs) of the United Nations, customers' lifestyles and values are changing and diversifying at a speed previously beyond imagination. The social environment, mobility needs, and customer lifestyle demands have evolved as part of the evolving luxury landscape. Throughout it all, Lexus continues to innovate for the benefit of society at large, as well as for our customers. Lexus will continue to respond swiftly and with careful consideration to the changing times and needs of our customers, and will strive to transform itself into a brand that exceeds ...

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UREEQA Advisory Board Welcomes the Music Industry Leader Kevin Leflar

ONTARIO CA, Mar 30, 2021 - (ACN Newswire) - His roster of clients is impressive and includes the likes of James Taylor, Santana, Mark Knopfler and Dire Straits, and the list goes on. Kevin Leflar, co-founder, president and CEO of officialCOMMUNITY - has seen it all. Spending 30+ years straddling both the music and technology worlds, Leflar has become one of the best-known authorities on the impact of digital technology on the music industry. Leflar's List of ClientsLaunching his career as a band manager in his early 20s, sending demo tapes to music labels and ultimately representing a Juno award-winning artist, Leflar spurred a bidding war landing him one of the biggest deals in Canadian history. By his mid-twenties, he had his own label, was offered bands and musicians to manage and could have written his own ticket in the industry.Leflar's interests and career took a turn into the tech sector pre-Y2K, working on what he describes as "Web 1.0," where software developers were considered somewhat rock stars - in their own right. After igniting his passion for all things Internet technology, contributing to the growth of a company from five to 350+ employees in only four short years,...

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Bin Zayed targets RM100 billion FDI to Malaysia in the next few years

KUALA LUMPUR, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - Bin Zayed International LLC (BZI) has targeted RM100 billion worth of foreign direct investment (FDI) to Malaysia over the next few years, to be delivered in phases, starting with the development of Widad@Langkasuka.BZI is a leading conglomerate owned by His Highness Sheikh Khaled bin Zayed Al Nahyan, who is a senior member of the Abu Dhabi royal family member as well as a prominent business leader and philanthropist in the Gulf States, with diverse business interests in the local and international markets, and which its business ventures include management of real estate and construction of residential and commercial buildings and towers.In a formal letter to the Prime Minister of Malaysia, BZI expressed its strong interest to invest in Malaysia via an exclusive collaboration with Widad Business Group."After some productive meetings and further discussions, WBG and BZI are most proud and pleased to jointly inform the Prime Minister that we have agreed to form a joint venture entity in Malaysia for the specific purpose of the development project in Langkawi, Kedah, Widad@Langkasuka. We are confident that this project w...

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UREEQA Advisory Board Welcomes Music Industry Leader Kevin Leflar

ONTARIO CA, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - His roster of clients is impressive and includes the likes of James Taylor, Santana, Mark Knopfler and Dire Straits, and the list goes on. Kevin Leflar, co-founder, president and CEO of officialCOMMUNITY - has seen it all. Spending 30+ years straddling both the music and technology worlds, Leflar has become one of the best-known authorities on the impact of digital technology on the music industry.Leflar's List of ClientsLaunching his career as a band manager in his early 20s, sending demo tapes to music labels and ultimately representing a Juno award-winning artist, Leflar spurred a bidding war landing him one of the biggest deals in Canadian history. By his mid-twenties, he had his own label, was offered bands and musicians to manage and could have written his own ticket in the industry.Leflar's interests and career took a turn into the tech sector pre-Y2K, working on what he describes as "Web 1.0," where software developers were considered somewhat rock stars - in their own right. After igniting his passion for all things Internet technology, contributing to the growth of a company from five to 350+ employees in only ...

Wall Street banks summoned by regulators after Archegos blowup

NEW YORK (BLOOMBERG) - Wall Street banks grappling with the implosion of Bill Hwang's investment firm spent Monday (March 29) briefing US regulators as Washington starts to dig into one of the biggest fund blowups in years. The Securities and Exchange Commission (SEC) summoned the banks for hasty meetings on what triggered the forced sale of more than US$20 billion (S$27 billion) of stocks linked to Mr Hwang's Archegos Capital Management, said people with knowledge of the matter who asked not to be named in discussing private conversations. The calls also involved the Financial Industry Regulatory Authority (Finra), with officials quizzing brokerages about any impacts on their operations, potential credit risks and other threats, said one of the people. Mr Hwang's brokers included Credit Suisse Group, Nomura Holdings, Goldman Sachs Group and Morgan Stanley. The speed at which Archegos ran into trouble and Wall Street's swiftness in liquidating its positions shocked traders, while prompting a race at US agencies to keep up with events. "We have been monitoring the situation and communicating with market participants since last week," an SEC spokesperson said in emailed statement. A ...

Nike sues over Lil Nas X ‘Satan Shoes’ with human blood in soles

NEW YORK (AFP, NYTIMES) - It's been quite a few days for sneakers, Satan and the artist Lil Nas X. It started with a recently released music video that sees the 21-year-old of "Old Town Road" fame give the devil a lap dance, which resulted in the Grammy winner exchanging disses with a sitting US governor who took issue with the seductive clip and began tweeting Bible verses at him. Then, the announcement that the rapper would collaborate with a Brooklyn company to make 666 pairs of "Satan Shoes" - black Nike Air Max 97s customized to feature a bronze pentagram, a Bible verse referring to Satan's fall and a drop of human blood mixed with red ink in the midsole - resulted on Monday (March 29) as many great American tales do: with a lawsuit. Nike is suing MSCHF Product Studio, the eccentric company that linked up with Lil Nas X to create the shoe, for trademark infringement and dilution, saying in a statement to AFP that "the Satan Shoes were produced without Nike's approval or authorization, and Nike is in no way connected with this project." In federal court documents, Nike alleges that the release has prompted boycott calls against them from offended consumers, who erroneously asso...

Jail, caning for man who raped unconscious woman at chalet after friends egged him on

SINGAPORE - A night club manager, who raped an unconscious woman at a chalet after being egged on by his friends, was sentenced to 12 years and three months' jail and 10 strokes of the cane on Monday (March 29). Yap Chun Chieh, 41, had earlier pleaded guilty to one charge of rape and one charge of outrage of modesty. He was among a group of men who had taken the victim, then 24 years old, to a chalet at D'Resort @ Downtown East on the morning of Sept 17, 2018. The victim, who was severely intoxicated, was raped by Yap and sexually assaulted by Tay Boon Huat, 29, while Gan Soon Chai, 35, furtively filmed the attack on his phone. Tay had earlier been sentenced to 10 years and three months' jail and five strokes of the cane, while Gan was sentenced to 15 months' jail and a fine of $20,800. In sentencing Yap on Monday, Justice See Kee Oon noted that his offence was "opportunistic". Yap was emboldened by the knowledge that the victim was so intoxicated that she was in no position to resist his advances, the judge added. He rejected as a mitigating factor that Yap was easily influenced by his peers. The defence had argued that Yap had a mild neurocognitive disorder due to a bout of menin...

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Fujitsu Develops AI for Image Inspection to Detect Abnormalities in Product Appearance with World-Leading Precision in Key Benchmark

TOKYO, Mar 29, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Laboratories today announced the successful development of an AI technology for image inspection that enables highly precise detection of a wide variety of external abnormalities on manufactured goods, including scratches and production errors. The technology leverages an AI model trained on images of products with simulated abnormalities, without having to prepare training data that uses actual images of defective products pulled from the inspection process of a production line.Fig 1. Outline of the development technologyFig 2. Comparison with the prior artThis technology is capable of correctly detecting abnormalities like frayed threads and defective wiring patterns in products that vary individually, even if they appear normal, such as carpets with different wool or color, or printed circuit boards with different wiring shapes depending on the part. The developed technology successfully achieved world leading accuracy (1) in a benchmark using public data (2) collected from external images of various manufactured goods.Fujitsu verified the effectiveness of this technology during the inspection process at the Nagano...

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NEL train service disruption: 5 other power-related faults over the years

SINGAPORE - Train service between Punggol and Serangoon stations on the North East Line (NEL) came to a halt for about three hours on Sunday (March 28) morning due to a fault in the overhead catenary system. The system supplies power to the trains and is installed on the ceiling of train tunnels. Here is a list of other power-related faults that affected the NEL over the years. 1. Feb 27, 2020 A six-hour-long disruption affected peak hour traffic along three stations on the NEL - Punggol, Sengkang and Buangkok. Initial investigations showed the delay was due to a broken contact wire that affected power supply to trains launching from the Sengkang depot, said SBS Transit in a statement then. 2. Oct 26, 2015 The two-hour disruption affecting the entire line happened after a new train undergoing testing damaged the overhead catenary system. It was returning to the depot from the mainline. Investigations revealed that the train was being manually driven when the driver saw sparks from above the train and stopped the train immediately. The train stopped at a stretch where the mainline and depot catenary system wires overlap, resulting in arcing between the two wire sections. Arcing occu...

Many in S’pore don’t know the costs of retirement

You are treating the family to a dinner at a new restaurant near your home. Before walking there, you stuff two $50 notes into your pocket as you assume it would be enough. Imagine the embarrassment when the waiter shows you a bill for $120 later. If you think being caught in public without enough money is bad, imagine the horror of having a bank account that has only a little left at old age because you have underestimated the expenses that you have to pay all these years. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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Me & My Career: Relishing challenges of evolving media industry

SINGAPORE - Many media professionals were affected by the Covid-19 pandemic, with video shoots disrupted and production halted, but Ms Janice Chiang made the most of the situation by helping her company pivot to a new product - live streaming. This helped Big 3 Media keep generating revenue during the circuit breaker last year, as it was able to help clients - government agencies - put out messages. "I had some background in live streaming from years ago, so I used that as an advantage to get the teams to quickly learn the ropes, to go out and sell that," says Ms Chiang, 33, who is head of operations at the media production company. This is just one example of how the media industry is constantly evolving, she says. "People tend to think of media industry jobs as writing, video production, being an actress or actor, but media encompasses way more than that, and it's changing... That's where the exciting part is." For example, viewers now want to interact with videos rather than just watch them, and the gaming industry is growing, she adds. Although media is typically not seen by more traditional parents in the same light as jobs such as law, medicine and engineering, it is a pretty...

Wall Street rallies on strong recovery hopes

NEW YORK (REUTERS) - The S&P 500 and Dow rose in a broad-based rally on Friday (March 26) with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984. The S&P 500 and the Dow ended a seesaw week higher as investors rebalancing their portfolios at the quarter's end continued to buy stocks that stand to benefit from a growing economy while they added some beaten-down technology shares. The Nasdaq also ended higher as less popular tech shares advanced, but the composite index posted its second weekly decline in a row. Wall Street surged in the last half hour of trading, lifting all three indexes more than 1%. The Russell 1000 value index, which includes energy, banks and industrial stocks, has gained more than 10% this year, outperforming its counterpart the Russell 1000 growth index , which is just above break-even for the year. Some of the tech heavyweights slid, such as Tesla Inc and Google parent Alphabet Inc, but Microsoft Corp and Facebook Inc bucked the trend, helping lift the S&P 500 and Nasdaq higher. "It is less a move out of technology than a move that evidences...

SG Tenants United For Fairness registered as a cooperative

SINGAPORE - About a year ago, a group of concerned tenants banded together on WhatsApp. The SG Tenants United For Fairness (SGTUFF) group held that they were getting the short end of the stick from their landlords. In January, the group was formalised as a cooperative with the same name, with more than 740 business owners as members. Led by Mr Terence Yow, managing director of the Enviably Me Group of Companies, the group is part of the Fair Tenancy Pro Tem Committee that unveiled a new code of conduct to establish fair tenancy practices yesterday. "As we got into all this fair tenancy work with the Government and landlords, we realised that we cannot remain an informal organisation if we want to have a voice and seat at the table in the long term," said Mr Yow. He added that after considering various formal entities, the group decided on registering as a cooperative as it is the "best of both worlds" between fulfilling a social and business mission. Mr Yow said that while SGTUFF will continue to advocate for fair tenancy, it will also look into how it can help improve manpower issues. He noted that with the Covid-19 pandemic, access to foreign labour is getting increasingly restri...

Misconception that job seekers need specialised skills to join sustainability sector: Experts

SINGAPORE - From public affairs to market analysis to research work, jobs in the sustainability sector are wide-ranging and may not require specialised skill sets, say human resource experts. "There is a general misconception that you need to be highly skilled in technical roles to participate in the green economy," says Ms Jaya Dass, managing director for Malaysia and Singapore at recruitment firm Randstad Singapore. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Five months’ jail for man who was supervisor during 2018 workplace accident that left worker paralysed

SINGAPORE - A man who was the supervisor during a 2018 workplace accident that left a worker paralysed from the waist down has been sentenced to five months' jail. Lua Hua Keong, 66, who was with Lua Chan Electrical and Construction Contractors at that time, was in court on Thursday (March 25) after his conviction in January of a negligent act that endangered the safety of his workers, including Mr Ye Ko Ko. The accident occurred on Feb 3, 2018, while workers from Lua Chan - including Mr Ye - were erecting part of a dome-shaped tent at a field in Ang Mo Kio. Lua was the supervisor in charge of the 14-member team at that time. Mr Ye and two other workers were supporting a part of an arched frame structure when it was being lifted manually to an upright position. The structure collapsed when another part of it suddenly slipped, and Mr Ye was struck on the head. He became unconscious and was taken to Tan Tock Seng Hospital. Court documents state that the accident left Mr Ye with spinal injuries. He became paralysed waist down with his upper limbs severely weakened, and is now wheelchair dependent. It was revealed that a proper risk assessment was not conducted before work started at t...

6 years and 10 months’ jail for man who took part in staged heist involving $418,000

SINGAPORE - A man who took part in a staged robbery involving $418,000 in cash was sentenced on Friday (March 26) to six years and 10 months' jail. Joshua John Foo Kuo-Li had faced a slew of charges before pleading guilty in a district court earlier this month to one count of cheating linked to the staged heist and two unrelated assault charges. The 25-year-old Singaporean also admitted to a criminal intimidation charge and seven drug-related offences. The court heard that Foo had worked with 28-year-old Ernest Leong Zhang Sheng to stage the heist in 2019. Leong was then engaged as a courier for Royston Lim Swee Sheng, a 39-year-old who was involved in the illicit money-changing trade. In proceedings which took place earlier, Deputy Public Prosecutor Sunil Nair said that on Feb 19 that year, Leong travelled to South Korea with two other couriers - Ng Yu Jie, 22, and Hong Jing Hui, 28 - to physically transport $418,000 to Singapore. While in the country, a man handed Ng the money. He then split the sum among the three couriers for ease of transportation to Singapore. Leong, who wanted to keep the money for himself, called Foo three days later and told him of the plan to cheat Lim by...

Deliveroo strikes to precede London share listing

LONDON (AFP) - The meal delivery platform Deliveroo is bracing for strikes and other social actions by disgruntled riders as it gears up for a major London stock listing. Tipped as possibly the biggest stock market flotation in London for a decade, the group has come under fire for employment conditions that have already scared off a couple of large institutional investors. In Britain, where Deliveroo is based, a group of riders who are not affiliated with a trade union planned to stage a strike on Sunday. Others who have joined the IWGB union of independent workers say they will stage an action on April 7, the day that Deliveroo shares are to be made available to small shareholders. Large investors are to have a head start on buying the company's stock a week earlier. The eight-year-old delivery platform hopes for a market capitalisation of between £7.6 billion and £8.8 billion (S$14 billion - S$16.3 billion). Deliveroo's 100,000 riders deliver meals for 115,000 restaurants in 800 cities across the world. In France, two trade unions, the ITF and CGT, have called for Deliveroo riders to mobilise on Friday, with strike calls in Bordeaux, Lyon and Toulouse. The international network ...

2 in 5 security officers abused on the job, with figures rising due to Covid-19: Survey

SINGAPORE - Security officers here say it has become increasingly common for them to be subjected to some form of abuse, with the Covid-19 pandemic being blamed for increased tensions. A survey of 1,002 officers, conducted between September and November last year, found that two in five security officers were exposed to some form of abuse in their course of work. A previous survey of 707 officers released in June last year found that about one in three was abused on the job. Commenting on the results released on Thursday (March 25), Union of Security Employees (USE) executive secretary Steve Tan said that the officers were most commonly subjected to verbal abuse. This was in part because of the need for additional security checks in the light of safe measurement measures introduced amid the pandemic. "Visitors to various properties were asked to comply with safe management measures, and the person asking them to do it was the security officer," said Mr Tan. He added that officers were also under pressure from clients to ensure that the safe management rules were followed. "What is very clear is that Covid-19 has increased the tensions at the site," said Mr Tan. USE and the Singapor...

S&P 500 slips as tech stocks pull market lower

NEW YORK (REUTERS) - The S&P 500 closed lower on Wednesday (March 24) as optimism about the economic recovery by Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen was unable to halt a decline in technology shares for a second straight day. The remarks by the top two US economic officials mirrored what they told Congress the day before, with Powell saying on Wednesday the most likely case is 2021 will be "a very, very strong year." While the three major indexes closed lower, investors sold last year's big performers, the technology shares that doubled the Nasdaq index from year-ago lows, and bought the underpriced value-oriented stocks poised to do well in the recovery. Wall Street has seesawed this week as a months-long rotation into economically sensitive energy and financial shares, which have gained on an outlook for economic growth, was briefly upended by falling bond yields that prompted beaten-down technology stocks to rise. The 10-year yield fell to about 1.6%, a slide that in recent days had propped up tech stocks that rely on low-cost capital. Value-oriented shares on Wednesday closed flat, outpacing a 1.4% decline in growth stocks, which include tech...

Blogger Leong Sze Hian ordered to pay PM Lee $133,000 for defamation over sharing of article

SINGAPORE - The High Court has ordered blogger and financial adviser Leong Sze Hian to pay Prime Minister Lee Hsien Loong $133,000 for defamation. The sum includes $100,000 in general damages and $33,000 in aggravated damages. Mr Leong was sued for sharing, on his Facebook page, an article from the Malaysian news site The Coverage that falsely linked PM Lee to the 1Malaysia Development Berhad (1MDB) corruption scandal in Malaysia. Justice Aedit Abdullah said in a written judgment on Wednesday (March 24) that Mr Leong did so "without making any enquiries as to its truth whatsoever" and displayed "reckless disregard of whether the article was true or not". "When seen cumulatively with his refusal to apologise for the defamatory words, malice may be made out on the facts," the judge said. PM Lee's lawyers had argued for $150,000 in damages, in line with what was awarded in a previous defamation case involving blogger Roy Ngerng. But Justice Aedit said that in Mr Leong's case, there was "limited basis to award such damages". He said: "The malice in this case, unlike in several of the other cases cited to me, did not involve a defendant wilfully posting something he knew to be false at ...