Fashion
Genting Singapore shares up 6.4% despite H1 profit drop
[SINGAPORE] Shares of Genting Singapore were up 6.4 per cent on Friday (Aug 14), despite the profit decline of 33.5 per cent for the first half of the year...
DeepSeek raises peak prices of flagship AI models to more than four times current levels ahead of IPO
Increase suggests firm is placing more focus on profitability as it eyes a stock-market debutPublished Fri, Aug 14, 2026 · 08:45 AMDEEPSEEK is steeply raising the prices for its...
The end of tokenmaxxing? How AI is moving to pay-as-you-go
OpenAI’s Sam Altman said the company imagines a future “where (AI) is a utility, like electricity or water, and people buy it from us on a meter” SILICON Valley spent...
Reddit shares surge on S&P 500 inclusion later in August
The social media platform will join the benchmark gauge prior to the start of trading on Aug 18Published Fri, Aug 14, 2026 · 08:20 AM[NEW YORK] Reddit will join...
First Resources H1 net profit up 57.4% at US$234.9 million; declares S$0.08 dividend per share
[SINGAPORE] First Resources posted a 57.4 per cent rise in net profit to US$234.9 million for the first half ended Jun 30, driven by higher production volumes and improved...
ChatGPT maker OpenAI’s revenue run rate tops US$40 billion ahead of IPO
This roughly doubles its run rate from end-2025 and bolsters its Wall Street debut plansPublished Fri, Aug 14, 2026 · 07:53 AM[SAN FRANCISCO] OpenAI is on track to generate...
Gold steadies as traders weigh Fed rate path and Mideast tension
The metal remains on track for a second weekly gain despite pulling back on Aug 13 from a 10-week highPublished Fri, Aug 14, 2026 · 07:50 AM — Updated...
AMD looks to raise US$4 billion to US$5 billion in debt offering: source
Semiconductor companies are increasingly turning to capital markets to fund AI-related investmentsPublished Fri, Aug 14, 2026 · 06:34 AMADVANCED Micro Devices on Thursday (Aug 13) launched a four-part debt offering that...
European shares subdued ahead of euro zone inflation data; focus on Middle East
Published Fri, Aug 14, 2026 · 05:55 AMEUROPEAN shares were muted on Thursday (Aug 13) as investors awaited euro zone inflation data following a strong earnings season, while weaker commodity...
JD.com expects second-half electronics sales to improve after quarterly revenue falls
Published Thu, Aug 13, 2026 · 10:25 PM[BEIJING] JD.com, a major sales platform for consumer electronics products in China, expects home-appliance sales to improve in the second half, it...
