Culture
Cambricon aims to triple chip output to replace Nvidia in China
The company is preparing to deliver half a million artificial intelligence accelerators in 2026[BEIJING] Cambricon Technologies plans to more than triple its production of AI chips in 2026, aiming...
Hepmil founders chose Publicis acquisition over fresh funding round, citing M&A risks
Karl Mak, the startup’s CEO and co-founder, says the team was not confident of executing its own M&A deals[SINGAPORE] While planning for its next phase of growth in the...
ExxonMobil to permanently shut one steam cracker in Singapore from March: sources
The shutdown of the plant, which opened in 2002, is expected to be complete by June[SINGAPORE] ExxonMobil plans to wind down operations at the older of its two steam...
Rio Tinto outlines plan to cut costs, raise productivity at strategy day
[MELBOURNE/LONDON] Rio Tinto CEO Simon Trott outlined a plan to focus on divestments and productivity growth at his first strategy day on Thursday (Dec 4) as he takes steps...
India central bank to tolerate weaker rupee as inflows dry up
[MUMBAI] India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the...
Data centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore is benefiting
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030[SINGAPORE] Data centres are expensive to construct and operate, as...
Data centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore benefits
[SINGAPORE] Data centres are expensive - to construct and to operate, as they are also power-guzzling.Amid the AI boom, as demand from hyperscalers for computing power drive up the...
Drew & Napier, Withers to collaborate on claims against Switzerland over Credit Suisse AT1 losses
The Singapore firm has filed arbitration for Japanese claimants; expects to file for Singapore, Hong Kong groups by Q1 2026[SINGAPORE] Drew & Napier, one of Singapore’s largest law firms,...
SGX not exploring or considering bid for Cboe Australia
[SINGAPORE] Singapore Exchange said it’s not considering buying Cboe Global Markets’ Australian unit, refuting an earlier Australian Financial Review report.“The speculation reported in the AFR article and other media...
Trump wants Asia’s ‘cute’ Kei cars to be made and sold in US
The ultra-compact cars are tailored to narrow roads with an affordable price tag to match their size[TOKYO] US President Donald Trump, apparently enamoured by the pint-sized Kei cars he...
