Culture
Nvidia to support AI development in Thailand
US CHIP giant Nvidia said on Tuesday (Dec 3) it would work with the Thai government to develop “world-class AI infrastructure” in the…
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Culture
Culture
HKBN shares jump after China Mobile makes HK$6.86 billion offer
HKBN shares jumped after China Mobile made a takeover bid that values the Hong Kong broadband provider at about HK$6.86 billion (S$1.2…
Culture
Brokers’ take: CGS International downgrades IHH to ‘hold’, DBS maintains ‘buy’ call
ANALYSTS are split on IHH Healthcare following relatively flat third quarter earnings and the company’s forecast for its Mount Elizabeth…
Culture
Tesla China shipments fall again amid hopes for bumper quarter
DELIVERIES from Tesla’s Shanghai factory fell for a second month in November, despite an increase in subsidies from the Chinese government…
Culture
China bans germanium, gallium exports to US in tit-for-tat move
CHINA announced an outright ban on several materials crucial to chip-making from being exported to the US citing concerns over military…
Culture
Japan's Nikkei hits three-week closing high in widespread rally
Japan’s Nikkei share average hit a three-week closing high on Tuesday (Dec 3) as heavyweight chip stocks led a broad rally on the back of…
Culture
A*Star, thermal management company KoolLogix unveil joint lab to develop data centre cooling solutions
It will focus on developing and testing heat removal technologies for data centres that are driven by artificial intelligence and graphic…
Culture
A*Star, thermal management company KoolLogix unveil S$8 million joint lab
It will focus on developing and testing heat removal technologies for data centres that are driven by AI and graphic processing units THE…
Culture
Thailand’s ‘data centre rush’ is starting, as Malaysia strains to keep pace with surging demand: Macquarie
MACQUARIE Research said that the data centre boom in Malaysia will continue but it’s unlikely to keep pace with surging demand. It said…
Culture
Apple accused of silencing workers, spying on personal devices
APPLE has been accused in a new lawsuit of illegally monitoring its workers’ personal devices and iCloud accounts while also barring them…
Culture
China’s central bank chief signals support for economy in 2025
CHINA’S central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh…
Culture
MicroStrategy is halfway through share sales to buy Bitcoin
JUST over a month after announcing plans to raise US$21 billion through stock sales to help fund additional purchases of Bitcoin,…
Culture
Gold edges higher as US rate-cut bets support bullion
GOLD prices edged higher on Tuesday (Dec 3), supported by growing expectations of a US interest rate cut this month, as focus shifted to…
Culture
Marco Polo Marine H2 net profit falls 41.5% to S$10.7 million on lower revenue
MARCO Polo Marine posted a lower net profit of S$10.7 million for the second half of its financial year ended Sep 30, 2024, down 41.5 per…
Culture
Ripple-linked XRP soars to third-largest token after Trump win
XRP, a token linked to Ripple Labs, has vaulted rivals to become the third-largest cryptocurrency in a US$100 billion rally. The token…
Culture
Jaguar to become electric-only niche luxury brand, and make under 60,000 cars a year
The British marque will no longer compete with BMW and Mercedes-Benz in mainstream luxury THIS big cat is going to change its spots.…
Culture
SpaceX discusses tender offer at roughly US$350 billion valuation
SPACEX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around US$350…
Culture
Big pharma’s bet on China biotech is a rare trade bright spot
AT A time when geopolitical tensions are hitting industries from semiconductors to electric vehicles, pharmaceutical dealmaking has become…
Culture
GM to sell its stake in Michigan EV battery plant to LG Energy
GENERAL Motors (GM) is selling its stake in an electric vehicle (EV) battery plant in Lansing, Michigan, to South Korean partner LG Energy…
Culture
Sanofi announces biggest China investment deal amid China-EU trade tensions
China is seeking to strengthen economic ties with individual members of the European Union Sanofi plans to invest around US$1.05 billion…
Culture
Intel CEO Gelsinger leaves as chipmaker’s turnaround flounders
INTEL chief executive officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the…
Culture
CapitaLand Malaysia Trust to acquire Selangor logistics property for RM180 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, has entered into a sale-and-purchase agreement to acquire a…
Culture
Euro falls against strengthening US dollar amid French political uncertainty
THE euro fell on Monday (Dec 2) versus a strengthening US dollar on growing concerns about a possible government collapse in France, which…
Culture
EQT and GIC to acquire majority stake in UK’s Calisen from consortium of investors
PRIVATE equity firm EQT and Singapore’s sovereign wealth fund GIC will acquire a majority stake in UK’s Calisen, more than four years…