Business
China’s EV boom saddles its auto insurers with losses
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes…
Tag
Boom
Business
Chip crunch: how the AI boom is stoking prices of less trendy memory
The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers,…
Business
TSMC Q3 profit blows past market forecast to a record on AI spending boom
TSMC, the world’s main producer of advanced artificial intelligence (AI) chips, posted a 39.1 per cent jump in third-quarter profit to…
Business
BlackRock, Nvidia-backed group strikes US$40 billion data centre deal to fuel AI boom
The acquisition follows a slew of mega-deals focused on securing coveted compute capacity An investment consortium that includes…
Business
BlackRock, Nvidia-backed group including Temasek strikes US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group, including…
Business
Temasek, Nvidia, Blackrock part of group striking US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group including…
Beauty
The secrets behind the South Korean cosmetics boom: K-pop, Kardashians and churn
SEOUL — Jo Min-Su was working toward a computer science doctorate at one of South Korea’s best universities when he stumbled on his…
Business
TSMC posts forecast-beating Q3 revenue surge on AI boom
The company will report full third-quarter earnings on Oct 16, including an updated outlook for the current quarter and full year Taiwan…
Business
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub Data centre operators in…
Business
Data centre boom brings risks of overbuilding, Ares’ says
Alternative asset management giants have poured into data centre projects as a way to cash in on booming demand for processing power…
Business
AI spending boom is a bubble that will pay off: Bezos
Amazon.com chairman Jeff Bezos said that the spending on artificial intelligence resembles an “industrial bubble” that could lead to lost…
Business
China’s EV boom saddles its auto insurers with chronic losses
The country now has tens of millions of electric cars on its roads, and sales are rising at a rapid clip China’s giant electric vehicle…
Business
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker…
Business
From data centres to finance: analysts identify SGX’s best proxies to capture AI boom
Big names such as Singtel and DBS are among the eight companies identified as potential beneficiaries Even without any direct artificial…
Business
Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most of its earlier gains…
Business
Boustead bets on Reit launch, geospatial boom to drive growth
The engineering and technology group aims to unlock real estate value and ride the transformation of geospatial industry Boustead…
Business
Korean beauty sector’s glow-up drives private-equity deals boom
Recent investments by Blackstone and KKR could help push deals made this year in sector past those in 2024 From a premium hair salon chain…
Business
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that brought the company closer to the…
Business
China’s AI chip boom fuels rallies in Cambricon, Alibaba shares
The mainland’s chip-focused gauge, better known as Star50, now trades at 57 times forward earnings, above its five-year average of 41 Chip…
Business
Apac aviation boom presents ‘tremendous opportunity’ for maintenance, repair and overhaul
The strong growth of Asia-Pacific’s (Apac) aviation sector “presents tremendous opportunity” for the region’s maintenance, repair and…
Business
Nvidia CEO says AI boom far from over
Nvidia CEO Jensen Huang on Wednesday (Aug 27) dismissed concern about an end to a spending boom on artificial intelligence chips,…
Business
Nvidia CEO Jensen Huang says AI boom far from over
Nvidia CEO Jensen Huang on Wednesday (Aug 27) dismissed concern about an end to a spending boom on artificial intelligence chips,…
Business
Nvidia forecast shows decelerating growth after two-year boom
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is…
Celebrity
The Celebrity Picture Book Boom
There are no guilty pleasures in childhood. It is only as an adult that I feel a certain sheepishness when recalling one of my favorite…