Business
Nvidia, AMD agree to pay US 15% of China chip sale revenue
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part…
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Business
Business
Nvidia, AMD agree to pay US 15% of China AI chip sales in unusual move
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from Chinese AI chip sales to the US government in a…
Business
Steel giants look into carbon capture hubs across Asia
A consortium of global steelmakers and energy majors has launched a pre-feasibility study on building carbon capture, utilisation and…
Business
Chinese State Media Challenges Nvidia's H20 AI Chips Again Over Alleged Backdoor Risks and Weak Performance
A Chinese state media-linked account has once again raised questions about Nvidia's H20 artificial intelligence chips. Criticized by…
Business
Computer-driven traders are bullish on stocks, humans are bears
THE thing about trading stocks is everyone has an opinion. And right now there’s an unusual divergence in the market that’s as stark as…
Business
Hyperlocal deliveries fuel 300% stock rise for Shopee owner Sea
In the battle royale of global e-commerce, the names are familiar and formidable: Amazon. TikTok Shop. Shein. Temu. But in South-east…
Business
Thai king endorses Vitai’s appointment as central bank chief
Vitai Ratanakorn is set to take office from Oct 1, according to a Royal Gazette notification Thailand’s King Maha Vajiralongkorn has…
Business
Nvidia H20 chips not safe for China: state media
The chips could achieve functions including “remote shutdown” through a hardware “backdoor”, according to the article Nvidia’s H20 chips…
Business
Hearing of Hyflux founder, ex-CEO Olivia Lum, ex-CFO and directors starts Monday
The trial of Hyflux founder and former chief executive Olivia Lum, ex-chief financial officer (CFO), and four independent directors is…
Business
Hearing of Hyflux founder and ex-CEO Olivia Lum, ex-CFO and directors starts Monday
The trial of Hyflux founder and former chief executive Olivia Lum, its ex-chief financial officer (CFO), and four independent directors is…
Business
Small to mid-cap stocks book highest net institutional inflows in Q3 2025
In the first five weeks of the third quarter of 2025 till Aug 7, institutions net bought S$130 million worth of Singapore-listed stocks.…
Business
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Business
Trump-linked World Liberty pitches a US$1.5 billion crypto vehicle
Big investors are being sounded out on a plan for World Liberty Financial, the Trump family-backed venture, to set up a public company…
Business
US regulators to play key role in next crypto, bank fight
[WASHINGTON, DC] A major battle between crypto firms and traditional lenders over interest and bank charter applications is poised to be…
Business
Meta’s US$29 billion deal marks pivotal moment for private credit
The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented…
Business
Our Age of Zombie Culture
It’s not alive, but it’s not dead, either. It consumes a vast amount of resources. It’s mindless: what presents as its will is really a…
Business
Chinese tech financier released after probe: former colleague
Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while…
Business
US licenses Nvidia to export chips to China, official says
The commerce department has started issuing licences to Nvidia to export its H20 chips to China, a US official told Reuters on Friday (Aug…
Business
Europe: Shares post biggest weekly gain in 12 powered by financials
European shares posted their biggest weekly gain in 12 weeks on Friday (Aug 8), as banking stocks continued to drive the benchmark index…
Business
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
Business
Skechers Beat Expectations in Q2 as Shoe Firm Continues on Path to Go Private
Skechers quietly released its second quarter earnings after the market closed on Friday as the company continues its work to go private.…
Business
Tariff Impacts at Under Armour and Allbirds Rattle Shoe Investors
Some shoe investors are heading for the hills over worries connected to lowered earnings guidance from Under Armour, Allbirds and Crocs…
Business
Talking the Talk, Fashion CEOs on the Future
Fashion’s bigwigs are not necessarily all-out control freaks. Some are, of course. But not every chief executive officer needs to have a…
Business
Sri Trang Agro-Industry swings to net loss of 786.8 million baht in Q2
Sri Trang Agro-Industry swung to a net loss of 786.8 million baht (S$31.3 million) for the second quarter ended June, from earnings of…