Culture
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si[SINGAPORE] Digital bank GXS is cutting 82 jobs or about...
Chinese smart glasses firms eye overseas conquest
[HANGZHOU, China] In China, artificial intelligence (AI) glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing...
Most Asian markets rise as traders await key US data
Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year[HONG KONG] Markets mostly rose on...
Apple Tap to Pay now available in Singapore, allowing merchants to use iPhones as contactless payment terminals
The function also supports contactless credit and debit cards from American Express, JCB, Mastercard, UnionPay and Visa[SINGAPORE] Apple has announced that Tap to Pay on iPhone is now available...
Adani Group plans US$15 billion India airports expansion by 2030
[DELHI] The Adani Group plans to invest US$15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, sources familiar with the...
Stocks to watch: Far East Group, UltraGreen.ai, Infinity Development
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Dec 3): Far East Group : The company on Tuesday announced that its...
Amazon rushes out latest AI chip to take on Nvidia, Google
[WASHINGTON] Amazon.com’s cloud unit raced to get the latest version of its artificial intelligence (AI) chip to market, renewing efforts to sell hardware capable of rivalling products from Nvidia...
Oil eases amid uncertainty around Russia-Ukraine peace plan, oversupply worries
[NEW YORK] Oil prices declined 1 per cent on Tuesday (Dec 2) as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply. Brent crude futures settled 72 US...
Temasek-backed Xora Innovation leads US$46 million funding in Vinci
[SINGAPORE] Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday...
OpenAI declares ChatGPT ‘code red’ over stiff competition: report
CEO Altman says resources must be devoted to fending off the new competition to its chatbot[WASHINGTON] OpenAI CEO Sam Altman has declared a company-wide “code red” as its ChatGPT...
