Culture
Broadcom launches Jericho chip to advance AI data centre networks
Building and deploying AI has become more computationally intensive and requires stringing together thousands of graphics processors…
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Culture
Culture
Figma sheds US$11 billion in market value days after blockbuster IPO
FieldCEO Dylan Field owns about 54.2 million the company shares worth about US$5 billion after selling 2.35 million shares in the IPO…
Culture
Amazon to cut Wondery staff, reorganise audio business
Amazon.com is breaking up the operations of its Wondery podcast network as part of a broad reorganisation of the business. About 110…
Culture
RevPAR is mixed across Frasers Hospitality Trust’s markets in Q3
Frasers Hospitality Trust saw its revenue per available room (RevPAR) drop in three of the five key markets in which it operates for the…
Culture
Lendlease Global Commercial Reit posts 1.8% higher DPU of S$0.018 for H2 FY2025
Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a marginal improvement of 1.8 per cent in its distribution per unit…
Culture
Spotify to raise premium subscription price in select markets from September
Spotify Technology shares gained in premarket trading after the company announced it is raising premium subscription prices across many…
Culture
US: Wall Street opens higher following Friday's dramatic selloff
Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in prospects of…
Culture
Lendlease Global Commercial Reit to divest office component of Jem to Keppel for S$462 million
Lendlease Global Commercial Reitwill be divesting the office component of the Juong commercial-retail development Jem to Keppel for S$462…
Culture
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe…
Culture
Singtel associate Bharti Airtel launches cloud, AI services for businesses, telcos
Airtel Cloud offers a range of services including, infrastructure- and platform-as-a-service with secure migration and scaling Singtel…
Culture
Razer to hire 150 people for new Singapore AI centre of excellence
Gaming company Razer is seeking to fill 150 artificial intelligence (AI)-related roles to work at its new AI Center of Excellence, it…
Culture
Razer to hire 150 people for new Singapore AI Center of Excellence
Gaming company Razer is seeking to fill 150 artificial intelligence (AI)-related roles to work at its new AI Center of Excellence, it…
Culture
Tesla approves share award worth US$29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk shares worth about US$29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the…
Culture
Singapore shares bounce back after 6-day losing streak; STI up 1%
Stocks on the Singapore Exchange (SGX) rebounded on Monday (Aug 4), snapping a six-day losing streak, even as Asian indices closed mixed.…
Culture
GIC takes 25% stake in Spain’s broadband venture
Sovereign wealth fund GIC will take a 25 per cent stake in a fibre optic broadband venture between MasOrange, partly owned by France’s…
Culture
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Culture
Trump to name new Fed governor, jobs data head in coming days
US President Donald Trump said that he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days,…
Culture
Vietnam’s VinFast in talks to boost local sourcing as first India plant opens
[THOOTHUKUDI, India] Vietnamese electric vehicle maker VinFast began operations at a new plant in India, its first overseas factory, on…
Culture
Malaysian palm oil firm FGV to be delisted on August 28
Felda settlers own shares in the company but have not seen the returns that they were promised when the company was listed in 2012…
Culture
BlueSG says it will pause its car sharing operations from Aug 8
Car sharing operator BlueSG on Monday (Aug 4) announced that it would pause its car sharing operations as part of a major upgrade to its…
Culture
Asia: Markets fluctuate as traders weigh tariffs, US jobs
Asian markets flitted between gains and losses on Monday as investors continued to digest last week’s tariff blitz by Donald Trump and a…
Culture
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following…
Culture
United Hampshire US Reit acquires freehold Pennsylvania shopping center for US$16.4 million
The purchase marks the Reit’s third acquisition in Pennsylvania, the manager says United Hampshire US Reit has acquired freehold shopping…
Culture
India hasn’t stopped Russian oil purchases after Trump rebuke
India has not given the country’s oil refiners instructions to stop buying Russian oil, according to sources familiar, days after US…