Trump says Nvidia’s Blackwell AI chip not for ‘other people’

Trump says Nvidia’s Blackwell AI chip not for ‘other people’

Nvidia has not sought US export licenses for the Chinese market because of Beijing’s stance on the company, CEO Jensen Huang says [NEW YORK] Artificial intelligence (AI) giant Nvidia’s most advanced chips will be reserved for US companies and kept out of China and other countries, US President Donald Trump said. During a taped interview…

Read More

Asia: Most markets rise on lingering trader optimism

Asia: Most markets rise on lingering trader optimism

[HONG KONG] Most stocks rose in Asian trade on Monday (Nov 3) after a busy last week, with optimism supported by another AI-led tech rally on Wall Street. Investors returned from the weekend in relatively good spirits after an upbeat end to October that saw China-US tensions ease, a US Federal Reserve interest rate cut…

Read More

The human cost of Xiaomi’s rapid pivot from smartphones to EVs

The human cost of Xiaomi’s rapid pivot from smartphones to EVs

The company still has a long way to go before it could break into the elite club of automakers [SINGAPORE] Months before he dropped to the floor in agony while grocery shopping with his young son, Wang Peizhi stayed up all night frantically preparing Xiaomi’s flagship store for the launch of its first electric vehicle…

Read More

Stocks to watch: Jardine Matheson, Nio, CapitaLand Ascendas Reit, Yangzijiang Financial, Wee Hur, Nam Lee, Fu Yu

Stocks to watch: Jardine Matheson, Nio, CapitaLand Ascendas Reit, Yangzijiang Financial, Wee Hur, Nam Lee, Fu Yu

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 3): Jardine Matheson : The London-listed conglomerate intends to repurchase up to US$250 million worth of shares under a proposed share buyback scheme, the company announced in a bourse filing on Monday. In line with its capital allocation…

Read More

Nio’s October deliveries surge 92.6% to 40,397 electric vehicles

Nio’s October deliveries surge 92.6% to 40,397 electric vehicles

[SINGAPORE] Chinese electric vehicle (EV) manufacturer Nio announced on Sunday (Nov 2) that it delivered 40,397 vehicles in October this year, up 92.6 per cent year on year. This is a new monthly record for the company, with 17,342 vehicles from its family-oriented smart EV brand Onvo; 5,912 vehicles from its smart high-end electric car…

Read More

Beyond chatbots, AI is giving companies a major efficiency boost

Beyond chatbots, AI is giving companies a major efficiency boost

[LAS VEGAS] Companies’ uses of artificial intelligence (AI) are going beyond chatbots and into the areas of automation and agents. For instance, since deploying agentic AI to respond to customer queries in real time, Japanese appliance manufacturer Rinnai Corporation has noted a 30 to 35 per cent improvement in efficiency. “(This) is huge when you…

Read More

It’s a Beautiful Day to Operate on These Grey’s Anatomy Secrets

It’s a Beautiful Day to Operate on These Grey’s Anatomy Secrets

Pulling the Plug on McDreamy After Rhimes cryptically admitted on the Nightly Show With  Larry Wilmore in 2015 that she had killed a character in the Shondaverse because she didn’t like the actor, speculation swirled that the corpse was Dempsey’s Derek, who had long since chosen to love Meredith when he was devastatingly killed off…

Read More

Fu Yu terminates group CEO David Seow for ‘gross default and misconduct’

Fu Yu terminates group CEO David Seow for ‘gross default and misconduct’

An interim committee has been set up to oversee all operational matters pending successor search [SINGAPORE] Mainboard-listed Fu Yu Corp has terminated group chief executive officer David Seow for gross default and misconduct, the mainboard-listed precision manufacturer announced on Saturday (Nov 1). His termination was effective Oct 31. He will also ease to be a…

Read More

Supreme Court faces decision on major Donald Trump policy this week

Supreme Court faces decision on major Donald Trump policy this week

The U.S. Supreme Court is set to hear oral arguments challenging President Donald Trump’s power to use the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs, a core pillar of his economic policy since taking office in January. The cases Learning Resources Inc. v. Trump and Trump v. V.O.S. Selections Inc., which are…

Read More