Business
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
Amazon said on Wednesday (Jan 28) it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three…
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Business
Business
High Court orders winding-up of TT International
The liquidation marks the end of a long and complex chapter involving the group and Big Box mall The High Court has ordered consumer…
Business
Sembcorp expands Micron power deal to support AI growth
The chipmaker has begun construction on a Woodlands facility as part of a US$24 billion investment Sembcorp Industries on Wednesday (Jan…
Business
Singapore shares mixed; Straits Times Index declines
Singapore shares closed lower on Wednesday (Jan 28), with the Straits Times Index (STI) failing to sustain its momentum a day earlier amid…
Business
SK Hynix profit surges on relentless appetite for AI memory
Operating profit doubles to 19.2 trillion won (S$17 billion) in the December quarter Hynix reported its strongest quarterly results to…
Business
Hong Kong’s Exchange Fund posts record gain of HK$331 billion
Hong Kong’s Exchange Fund reported a record investment gain of HK$331 billion (US$42.4 billion) in 2025, helped by rising global markets.…
Business
Chinese snack retailer Busy Ming surges 69% in Hong Kong debut
The company will use IPO proceeds for supply-chain improvement and product development [SINGAPORE/HONG KONG] Busy Ming Group shares jumped…
Business
OCBC taps Citi to roll out securities lending for clients, following Maybank’s earlier move
This covers retail and corporate customers of OCBC Securities and clients of Bank of Singapore OCBC has rolled out a securities lending…
Business
VinaCapital Sees Vietnam GDP Growth Reaching up to 10% in 2026 on Infrastructure and Exports
Investment firm VinaCapital has struck an optimistic note on Vietnam's economic outlook, projecting that the country's gross domestic…
Business
ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plans reported stronger-than-expected bookings in the…
Business
Singapore-based Digital Edge to build US$4.5 billion data centre campus in Indonesia
Digital Edge, an Asian digital infrastructure firm backed by alternative asset manager Stonepeak Partners, plans to invest US$4.5 billion…
Business
Tether is shaking up the gold market with massive metal hoard
The company makes money from its dollar stablecoin that is the giant of the sector, with US$186 billion in circulation There are roughly…
Business
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the year Hong Kong…
Business
China gives green light to importing first batch of Nvidia’s H200 AI chips, sources say
A has approved its first batch of Nvidia’s H200 artificial intelligence chips for import, two people familiar with the matter told…
Business
China approves first batch of Nvidia H200 chip imports: sources
— China has approved its first batch of Nvidia H200 artificial intelligence chip imports, three people familiar with the matter told…
Business
BYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growth is weighing options to expand…
Business
Exclusive-China gives green light to importing first batch of Nvidia's H200 AI chips, sources say
Jan 28 (Reuters) - China has approved its first batch of Nvidia's H200 artificial intelligence chips for import, two people familiar…
Business
China to favour Brazilian soybean imports in H1 despite renewed US inflows
China is expected to boost imports of Brazilian soybeans in the first half of 2026, as record production and competitive prices propel…
Business
AI Steps Up in Project Management: Tackling Worldwide Challenges with PMI Infinity
It is often seen world over that teams invest time and money into projects, only to watch many of them falter. This is mostly due to…
Business
A Blueprint for Enterprise Resilience: The New Operating Model for Engineering Excellence
When large financial institutions talk about digital transformation, they often highlight the glamorous parts: cloud migrations, AI-driven…
Business
Why Care, Not Category, Is Driving One of Retail's Fastest-Growing Brands
In a crowded direct-to-consumer market where competitors multiply by the month and attention spans shrink by the day, sustained growth is…
Business
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth…
Business
Why Secure API Orchestration Is Becoming Core to Enterprise Architecture
As digital systems become more interconnected, APIs have moved from being simple integration tools to serving as the backbone of…
Business
MSCI halts Indonesia index changes, flags transparency risks
MSCI cited persistent “fundamental investability issues” and concerns over coordinated efforts to distort prices will pause certain index…