Business
Nvidia sells off stake in Arm, a company it once tried to buy
The world’s most valuable company has become a major investor across the technology industry Nvidia sold off the last of its stake in Arm…
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arm
Business
Qualcomm, Arm hit by concern that memory shortage is spreading
The historic build-out of AI infrastructure is driving the shortage of memory chips Shares of Qualcomm and Arm Holdings fell steeply after…
Business
Jollibee CFO says growth supports 2027 US listing of international arm
The international business accounts for 6,800 of 10,300 stores by the end of last year’s third quarter [MANILA/SINGAPORE] Jollibee Foods’…
News
Minnesota Woman Dies After Shark Bites Off Arm While Snorkelling in St. Croix
A 56-year-old Minnesota woman, identified as Arlene Lillis, has died following a suspected shark attack Thursday afternoon at Dorsch Beach…
Business
Sumitomo’s energy arm may set up LNG trading desk in Singapore
The energy trading arm of Sumitomo Corp is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to…
Business
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation Chip technology…
Business
Seven & i’s IPO of US arm hinges on faster turnaround, CEO says
Seven & i Holdings’ chief executive is pressing its US convenience-stores business to deliver a faster turnaround as the retailer seeks a…
Unsorted
SoftBank’s Arm plans to set up chip training facility in South Korea
It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments…
Business
Xiaomi’s EV arm makes a profit for the first time
The division, which sold its first car last year, posts a profit of 700 million yuan in the September quarter Xiaomi reported quarterly…
Business
Arm to offer Nvidia’s NVLink technology in AI data centre chips
Arm Holdings plans to start incorporating Nvidia’s NVLink technology into chip designs for artificial intelligence (AI) data centres,…
Business
Wee Hur shares up 3.4% after property arm named top bidder of Upper Thomson condo site
Shares of Wee Hur jumped 3.4 per cent around midday on Friday (Oct 24) following the news of the group’s property arm and its controlling…
Business
Renault Q3 revenue rises on car sales, finance arm
Renault’s third-quarter sales gained 6.8 per cent, helped by demand for new models such as the Dacia Bigster as well as higher revenue at…
Business
Arm expands AI licensing program to boost on-device AI market share
Arm Holdings said on Monday (Oct 20) that it is expanding its Flexible Access licensing program to cover its Armv9 edge artificial…
News
Hamas military arm denies responsibility for attacking Israeli troops
The military wing of the Palestinian Islamist group Hamas has denied any responsibility for attacks on Israeli troops in the south of the…
Business
Crypto exchange Gemini launches Australian arm
Cryptocurrency exchange Gemini said on Thursday (Oct 9) that it has launched an Australian operation as the firm expands into the country,…
Business
SoftBank to buy ABB’s robotics arm in US$5.4 billion deal
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese…
Business
Sunway group to buy Hongkong Land’s property arm MCL Land for S$738.7 million
Real estate group Hongkong Land Holdings will sell its Singapore and Malaysian property arm MCL Land to Malaysia’s Sunway group for…
Business
Malaysia's Sunway Group to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith Real estate group Hongkong Land will sell its…
Business
Ant digital arm puts 60 billion yuan energy assets on its blockchain
The firm has so far completed financing for three clean energy projects using this approach, raising about 300 million yuan in total for…
Business
Fu Yu provides updates on probe into its supply chain arm
Fu Yu Corporation has confirmed that its unit’s US$3 million payment to a third party, that has been the subject of a probe, was made for…
Business
Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm
Health, the healthcare arm of the Philippines’ oldest conglomerate Ayala, said on Monday (Aug 11) that a private equity firm backed by…
News
Woman Loses Arm After Being Attacked by Lion at Queensland Zoo
A woman has sustained severe injuries to an arm when she was attacked by a lion at an Australian zoo. The Darling Downs Zoo in Queensland…
Business
Temasek-backed Clifford Capital names Lily Choh CEO of its asset management arm
Singapore-headquartered infrastructure credit platform Clifford Capital announced on Monday (Jul 7) that it has appointed Lily Choh as…
News
Who Was Julian Ryan? Hero Dad Dies after Almost Severing His Arm While Trying to Save Family During Catastrophic Texas Floods
A Texas dad of two died while trying to rescue his family from the catastrophic flood —nearly severing his arm as he smashed through a…