News
Seatrium to sell ship-owning unit to Brazilian vessel operator for US$59.7 million
This is in line with its strategy of divesting non-core assets to enhance capital and operational efficiencies [SINGAPORE] Seatrium is selling its entire stake in its wholly owned indirect...
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...
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...
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...
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...
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...
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...
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...
Nearly half of Cat A COEs go to EVs, which account for 43% of new sales so far in 2025
They also made up 45.6% of Category A certificate of entitlement (COE) registrations in 9M 2025[SINGAPORE] The adoption rate of electric vehicles (EVs) in Singapore is gathering pace, with...
Emerging market stocks rise every month this year for the first time since 1993
The surge is driven by factors including strong gains in many AI-focused Asian tech stocks and a weaker US dollarTHE emerging-market (EM) equity benchmark gained for a 10th consecutive...
