Culture
Tencent-backed Airwallex acquires OpenPay, in a move that pits it against Stripe Billing
[SINGAPORE] Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment orchestration and revenue analytics services. The Singapore-based company will bring OpenPay’s billing...
Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial regulators could intervene to slow the dumping.Chinese stocks’...
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
[SINGAPORE] As a former competitive swimmer waiting to enter university, Joyce Lee started freelancing as a swim instructor in 1999 to help support her family in the wake of...
US tech titans pay homage to Trump at White House dinner
[WASHINGTON] Tech world executives showered Donald Trump with praise on Thursday during a rare dinner that saw the US president host some of the most important players in AI...
Qantas trims executive bonuses by 15% for fiscal 2025 over cyber hack
Published Fri, Sep 5, 2025 · 10:50 AMAUSTRALIA’S Qantas Airways has cut short-term bonuses for its top executives and CEO by 15 per cent in fiscal 2025 after a...
OpenAI set to start mass production of its own AI chips with Broadcom, FT reports
Published Fri, Sep 5, 2025 · 09:03 AMOPENAI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to...
Broadcom to help OpenAI create AI chip to take on Nvidia
[SAN JOSE, California] Broadcom is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia.
The two firms plan to ship...
Starbucks China valued at about US$5 billion by bidders, sources say
[HONG KONG] Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two...
Starbucks China reportedly valued at about US$5 billion by bidders
[HONG KONG] Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5 billion, said two...
Stocks to watch: ST Engineering, Olam, Yangzijiang Financial, Stoneweg Europe Stapled Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 5): ST Engineering: Over the next five years, the company will invest S$250...
