Entrepreneurship
Cambricon aims to triple chip output to replace Nvidia in China
The company is preparing to deliver half a million artificial intelligence accelerators in 2026[BEIJING] Cambricon Technologies plans to more than triple its production of AI chips in 2026, aiming...
India central bank to tolerate weaker rupee as inflows dry up
[MUMBAI] India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the...
Data centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore is benefiting
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030[SINGAPORE] Data centres are expensive to construct and operate, as...
Reits are emerging as ‘powerful tools’ to fund rocketing data centre costs – Singapore benefits
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030[SINGAPORE] Data centres are expensive to construct and operate, as...
Paramount hikes Warner Bros breakup fee to US$5 billion
[LOS ANGELES] Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to sources familiar with the company’s...
Ringgit rally, fiscal strength fuel Malaysia’s bond momentum
[KUALA LUMPUR] Malaysia’s improving fiscal outlook, moderating inflation and resilient currency are enhancing the appeal of its bonds, positioning them for continued gains into next year.Global funds have poured...
Concerns of weak prospects at Low Keng Huat belie a history of strong shareholder returns
Over the past 16 years, its shares have delivered a total return higher than that of STI, CDL, Hongkong Land and UOL shares[SINGAPORE] The offeror for Low Keng Huat...
Oil settles slightly higher as Moscow peace talks fail to reach breakthrough
Recent Ukrainian attacks on oil export sites on the Russian Black Sea coast have highlighted the geopolitical concerns stemming from the war[HOUSTON] Oil prices settled higher on Wednesday (Dec...
Indexes close higher as data keeps Fed rate cut expectations elevated
[NEW YORK] US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal...
European shares end flat; Inditex jumps on strong November sales
[BENGALURU] European shares ended largely steady on Wednesday (Dec 3), aided by gains for technology that offset sharp declines in financials, while Inditex surged to a near one-year high...
