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…
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Business
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…
Business
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on…
Business
Amara announces it will delist from SGX mainboard on Jul 21
Hotel and property group Amara Holdings announced on Thursday (Jul 17) that it will be officially delisted from the mainboard of the…
Business
China probes US$100 underwriting fee amid Xi price war clampdown
China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded…
Business
Imperial Group Taps Into Renewed Opportunities for Contemporary Market
MILAN — At a time of global upheaval caused by geopolitical and economic headwinds, business woes are trickling down to all fashion…
Business
What is Laopu Gold? This Gen Z darling soared 2,000% and now it’s opened a store in Marina Bay Sands
Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been…
Business
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been…
Business
Asia: Stocks struggle as traders eye Fed saga, trade war
Asian markets fluctuated on Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the…
Business
Walmart eliminates hundreds of store-support and training jobs
The company aims to staff the academies differently based on the needs and number of participants and plans to add some new roles Walmart…
Business
Scale AI to cut 14% of staff following Meta investment
Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in…
Business
Digital Security Expert Kayode AyinOluwa Helps Shape Future of AI Safety Protocols in Healthcare
Healthcare systems worldwide grapple with artificial intelligence tools promising medical breakthroughs, which also expose patient data to…
Business
Smart Supply Chains: 5 Strategic AI Use Cases Driving Supply Chain Innovation
Artificial Intelligence (AI) is revolutionizing supply chain management by enhancing efficiency, agility, and resilience across global…
Business
Thailand seeks ways to curb gold price impact on currency
Thailand’s central bank and the finance ministry are discussing ways to address currency moves that are not aligned with fundamental…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager
ST Engineering is expected to get a one-off gain of around S$80 million from the proposed sale ST Engineering’s wholly owned subsidiary,…
Business
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
ST Engineering’s wholly owned subsidiary, ST Engineering Urban Solutions, has entered into an agreement with SP Group to divest their…