Business
Huawei unveils new AI chip tech to rival Nvidia
The Shenzhen-based firm is planning to launch Ascend 950PR early next year, Ascend 950DT chip in late 2026, Ascend 960 in late 2027, and…
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tech
Business
Tokyo: Nikkei hits intraday record high on boost from tech shares
Japan’s Nikkei share average rose to an intraday record high on Thursday, led higher by technology shares, but gains were limited after…
Business
Hong Kong to speed up development of border tech hub, John Lee says
Absent bold new measures, the city’s housing market is likely to remain under pressure, with home values hovering near their lowest since…
Business
Serverless by Design: The Multi-Cloud Vision Transforming Retail Tech
Over 90% of the world's data has been generated in just the past two years. It is a statistic that sounds almost absurd, until you picture…
Business
With stock purchase, Elon Musk signals confidence in Tesla's self-driving tech
In a move that boosted Tesla’s stock in midday trading on Monday, it was revealed that Chief Executive Elon Musk purchased approximately…
Business
Further upside expected for Hang Seng Tech Index
THE Hang Seng Tech Index, which tracks Hong Kong’s 30 largest listed technology companies, has continued its bullish momentum since a…
Business
Oracle marches toward US$1 trillion club; tech stocks cheer
The stock’s gains also put co-founder Larry Ellison on course to beat Elon Musk as the world’s richest man Oracle’s shares rose on…
Business
Top Japan start-up Sakana AI touts nature-inspired tech
WHEN David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive…
Business
Europe: Tech drag weighs on Stoxx 600 despite Inditex boost
EUROPEAN shares reversed course to close lower on Wednesday as a boost from Spanish fast-fashion giant Inditex was offset by a pullback in…
Business
Alibaba leads Chinese tech funding spree with US$3.2 billion deal
The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international…
Business
China’s green tech firms pour billions into overseas factories
Industry giants, including Contemporary Amperex Technology, BYD and Trina Solar, have announced billions on overseas factories in more…
Business
HRnetGroup targets Vietnam’s booming tech sector with new subsidiary
It notes interest in hiring of IT engineers, data scientists and product teams by companies in finance and banking, media and platforms,…
Business
Singapore early-stage emerging tech startups see 14% rise in deal volume, but funds raised slip 8%
There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million Singapore’s early…
Business
CEOs eyeing tech deals record flock to key Goldman confab
CEOs, investors, analysts and even some bankers gathering for one of the tech industry’s biggest summits this week in San Francisco will…
Business
The tech and trends driving growth in aerospace MRO
Featuring leaders from both the private and public sectors, The Business Times roundtable on aerospace maintenance, repair and overhaul…
Business
Google ruling shows how tech can outpace antitrust enforcement
The rapid pace of development in the world of tech, particularly in AI, spurred a judge’s cautious approach to curbing Google’s online…
Business
US: Tech shares lead stocks higher ahead of jobs data
Wall Street stocks finished mostly higher on Wednesday following gains by Google parent Alphabet and Apple as markets look ahead to key US…
Business
Asian Markets Mixed as Japan Tech Slide Offsets China AI Strength
Asian markets started the week on a mixed footing, with Japan's Nikkei weighing on regional sentiment, but Chinese markets continued their…
Business
China tech giant JD.Com unit, two other firms plan US$1 billion Singapore Reit
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based…
Business
Musk's xAI sues Apple and OpenAI, escalating billionaire's tech feud
Elon Musk on Monday ramped up his legal feud with OpenAI as his companies filed a new lawsuit against OpenAI and Apple accusing both of…
Business
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited…
Business
US: Wall Street mostly down as tech still under pressure
stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and…
Business
STI rises 0.1% despite US big tech sell-off
Across the broader market, gainers beat losers 277 to 256, with 1.48 billion securities worth S$1.49 billion changing hands Equities in…
Business
Asia: Markets dip after US tech slide
Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of…