News

Trump considering executive order to preempt state AI laws
US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a...
Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company[HONG KONG] Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of major Chinese automaker Geely,...
Shipping giants race to speed up China-Peru trade with new route
The ports of Callao and Chancay are only about 50 miles apart, or a few hours by truck, and both are close to Lima. [LIMA] Competition to accelerate maritime...
Many US Fed members were inclined against December interest rate cut: minutes
Fed Chair Jerome Powell said last month that a further reduction in December was “not a foregone conclusion”MANY US Federal Reserve officials were leaning against another rate cut in...
US: Wall Street indexes end rocky session higher ahead of Nvidia earnings
US stocks ended a choppy session higher on Wednesday, rebounding from recent losses as technology stocks rose ahead of Nvidia’s quarterly results. Indexes briefly pared gains after minutes from the last Federal Reserve...
Warner Music Group and AI startup Udio reach agreement in fight over copyrighted music
Warner Music Group on Wednesday said it reached an agreement with artificial intelligence startup Udio, ending a legal battle over concerns that copyrighted music was being used to train...
SGX to reduce board lot size to 10 units for securities above S$10
[SINGAPORE] Investors keen to add blue-chip stocks to their portfolio but deterred by the prices may soon be able to get a piece of the action. The Singapore Exchange...
Nokia streamlines business to focus on AI infrastructure boom
It plans to restructure into two main divisions – mobile networks and network infrastructure[LONDON] Nokia is banking on the boom in artificial intelligence (AI) and will streamline its business...
US: Wall Street opens higher as Nvidia test looms
[NEW YORK] Wall Street’s main indexes opened slightly higher on Wednesday (Nov 19) following sharp losses earlier in the week, as investors set their eyes on Nvidia’s earnings which...
Nvidia’s switch to smartphone-style memory ‘to double server-memory prices by end-2026’
Tech-focused research firm says the change will spike the demand for chips that the industry can’t handle[BEIJING] Nvidia’s move to use smartphone-style memory chips in its artificial intelligence (AI)...
Weaponisation of finance over geopolitics a concern, says GIC’s CEO
[SINGAPORE] Given the shifting geopolitical landscape’s major impact on security, trade and supply chains, Singapore’s sovereign wealth fund GIC’s CEO Lim Chow Kiat is worried that this might eventually...
Google Deepmind launches research lab in Singapore to better study S-E Asia’s cultural nuances
[SINGAPORE] Artificial intelligence (AI) pioneer Google Deepmind on Wednesday (Nov 19) launched its research lab in Singapore.The lab’s opening is part of the group’s efforts to expand into the...