Culture
European arms makers retreat as Ukraine peace plan gains traction
[BRUSSELS] European defence shares fell to their lowest levels since late August on Friday (Nov 21), pausing their strong run this year, after Ukrainian President Volodymyr Zelenskiy said he...
Foxconn-Nvidia US$1.4 billion Taiwan supercomputing cluster to be ready by H1 2026, Foxconn says
Apple’s top iPhone assembler has been expanding beyond electronics into electric vehicles and AI data centres[TAIPEI] Foxconn said on Friday (Nov 21) that a US$1.4 billion supercomputing centre it...
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
[MUMBAI] The Indian rupee weakened to a lifetime low against the greenback on Friday (Nov 21), pressured by shrinking risk appetite amid fading expectations of a Federal Reserve rate...
Changi Airport October passenger traffic rises 3.4% to 5.8 million
[SINGAPORE] Changi Airport on Friday (Nov 21) reported a 3.4 per cent year-on-year increase in passenger traffic in October.Passenger traffic came in at 5.8 million for the month, up...
Japanese logistics firm Nippon Express expands footprint in Singapore
Move enables it to meet increasing demand for logistics services amid development of the Johor-Singapore Special Economic Zone [SINGAPORE] Logistics company Nippon Express (NX) opened an expanded 100,000 sq...
Singapore stocks track regional declines on Friday; STI down 1%
[SINGAPORE] Local stocks ended lower on Friday (Nov 21), tracking declines in the region.The benchmark Straits Times Index (STI) was down 1 per cent or 42.73 points at 4,469.14,...
Asia tech rout resumes as stocks slide on AI valuation fears
ASIA’S tech-heavy markets slumped as sell-offs in sector leaders resumed on mounting concerns over stretched artificial intelligence (AI)-related valuations.South Korea’s Kospi index fell 3.8 per cent on Friday (Nov...
Founder of India’s top broker Groww joins billionaire financial elites
Keshre is the twelfth billionaire to emerge from India’s financial services industry in recent years[MUMBAI] The initial public offering of Groww, India’s answer to Robinhood Markets, was the culmination...
Intel CEO Tan Lip-Bu denies claims new hire stole TSMC trade secrets
The executive is alleged to have taken proprietary knowhow from his former employer just before his departure[SAN FRANCISCO] Intel chief executive officer Tan Lip-Bu dismissed reports about a new...
Singapore GasCo to seek LNG offers in Q1 2026 for supply from 2028
[SINGAPORE] Singapore’s new state gas buyer GasCo will seek offers in the first quarter for liquefied natural gas term supply for delivery from 2028 to meet an expected supply...
