Business
Cyber Espionage Surge Hits Taiwan's Semiconductor Sector, Analysts Warn
Chinese-linked hacking groups have escalated targeted cyber espionage efforts against Taiwan's semiconductor companies and financial…
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Business
Business
Nvidia CEO Dubs Chinese AI Models as "World-Class" as H20 Chip Sales Resume
Chinese artificial intelligence models being nurtured through the backing of Chinese companies are "world class," according to Nvidia CEO…
Business
Who are Jason Wei and Hyung Won Chung? Meta Hires 2 More OpenAI Engineers
Meta, the parent of Facebook, has recruited two high-profile researchers from OpenAI—Jason Wei and Hyung Won Chung—in its latest AI hiring…
Business
Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal
Uber will invest US$300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next…
Business
US: Wall St opens marginally higher as markets weigh data
Wall Street opened largely steady on Thursday (Jul 17), as investors mulled over fresh economic data, while upbeat results from Taiwan’s…
Business
Samsung chairman Lee’s long legal saga ends with acquittal
Samsung Electronics executive chairman Lee Jae-yong was cleared of all charges related to accounting fraud and stock manipulation by South…
Business
India’s private market boom set to continue, as investors keep shunning China
A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s…
Business
No let-up in India’s private market boom as investors continue to shun China
A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s…
Business
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two…
Business
Singapore shares continue winning streak; STI up 0.7%
The benchmark Straits Times Index (STI) extended its winning streak on Thursday (Jul 17), tracking gains in regional markets. The STI rose…
Business
Video of flag vendor beating in Bangladesh falsely shared as incident in India
A video of a vendor selling Bangladeshi flags being beaten up by a uniformed man has circulated in social media posts that falsely claim…
Business
OCBC to develop quantum applications with NUS, NTU and SMU
OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative…
Business
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps Julius…
Business
Swatch Group H1 Profits Down 88%, As Greater China Woes Continue
PARIS – China continues to weigh heavily on the Swatch Group, with the company posting Thursday an 88 percent slump in first-half net…
Business
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end AI chips from the likes of Nvidia and Advanced Micro Devices, which is…
Business
Taiwan’s TSMC says second quarter profit up 60%
The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chips — …
Business
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record,…
Business
Scientists Stunned: Moon Soil May be Able to Support Life – What They Discovered Will Blow Your Mind!
In a latest study, published in the journal Joule, scientists have claimed that the soil on the Moon could support life. Yes, you read it…
Business
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus…
Business
Trek 2000 divests stake in Terrenus Energy valued at around S$8.2m
The shares are currently held as investment and do not generate any income or revenue for FY2024 Technology provider Trek 2000…
Business
China vows to address ‘irrational competition’ in EV sector
China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to…
Business
Companies look to AI for financial resilience amid global volatility: DBS survey
Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI)…
Business
Companies look to AI to enable financial resilience amid global volatility: DBS survey
Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI)…
Business
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial…