Entrepreneurship
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to hopes of near-term revenue growth[BENGALURU] Tesla rolled...
Nvidia to invest in Musk’s xAI as part of US$20 billion funding
Data centre capacity is seen as a necessity for developing top AI models, though some have debated how much computing power can improve the technology[NEW YORK] The Elon Musk-backed...
Stocks to watch: DBS, Keppel Reit, NetLink NBN Trust, StarHub, Info-Tech
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): DBS Bank : The bank’s shares hit a new record high...
Intel to reveal tech details on forthcoming PC chip: sources
[SAN FRANCISCO] Intel plans to release technical details about its forthcoming chip for laptops, known as Panther Lake, on Thursday (Oct 9), four sources briefed on the plans told...
Oil settles flat amid Opec+ output hike, supply glut fears
[HOUSTON] Oil prices steadied on Tuesday (Oct 7) as investors weighed a smaller-than-expected increase to the Organization of the Petroleum Exporting Countries plus Russia (Opec+) output in November against...
Info-Tech Systems’ CFO to resign, shortly after SGX mainboard listing
Gan Lai Thong’s last day in the role will be Dec 31, 2025; no replacement announced yet[SINGAPORE] The chief financial officer (CFO) of software provider Info-Tech Systems will leave...
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand[SINGAPORE] Malaysian retail group Duty Free International reported on Tuesday (Oct 7) a net profit of...
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes[SINGAPORE] Internet service provider NetLink NBN Trust opened a S$110 million new central office in Seletar...
Indonesia mulls moving 10 trillion rupiah per lender to regional banks to boost growth
The first two recipients could be Bank of Jakarta and East Java’s Bank Pembangunan Daerah Jawa Timur[JAKARTA] Indonesia is considering moving up to 10 trillion rupiah (S$780 million) per...
JPMorgan sees end of ‘private-for-longer’ mantra for startups
[LONDON] After years of facing requests from startups to help them stay private for longer, JPMorgan Chase’s clients are starting to sing a different tune. “A lot of these...
