News
Google DeepMind to open new AI research lab in Singapore
[SINGAPORE] Google DeepMind said on Wednesday (Nov 19) it is opening a new artificial intelligence research lab in Singapore that will focus on collaboration with governments, businesses, and academic...
Netgear accused by rival of China smear to fan security fear
The suit comes as TP-Link faces growing scrutiny in Washington over national-security issues[WASHINGTON] California-based TP-Link Systems says it may take a sales hit of more than US$1 billion because...
Gold steady as focus turns to Fed minutes, US jobs report
[BENGALURU] Gold prices were steady on Wednesday (Nov 19), as investors awaited minutes from the US Federal Reserve’s latest policy meeting and US jobs report that could shed more...
Bank Indonesia policy juggle makes rate moves harder to predict
The central bank has spurned market expectations at half of its 10 policy meetings so far this year[JAKARTA] Bank Indonesia’s (BI) balancing act between stability and growth has lately...
Stocks to watch: Singtel, LHN, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 19): Singtel : The telco was hit by an outage on Tuesday,...
US Fed official defends easing of bank oversight as concerns mount
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that weakened supervision could destabilise the financial system.“Our...
Boyu Capital considers bringing Tencent, GIC into Starbucks China deal
[HONG KONG] Boyu Capital is considering bringing in Tencent Holdings, GIC and potentially others as limited partners in its acquisition of a stake in Starbucks’ China business, sources familiar...
Roblox to scan users’ faces to verify age amid stubborn child safety concerns
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with...
Power infrastructure provider Amperesand raises US$80m in oversubscribed Series A round
[SINGAPORE] Amperesand, a next-generation power infrastructure provider for artificial intelligence (AI) data centres and critical power applications, raised US$80 million in an oversubscribed Series A funding round that closed...
Amazon’s Zoox offers free robotaxi rides in San Francisco
Amazon-owned Zoox is offering free rides on its San Francisco fleet of boxy, driverless taxis. The company said Tuesday it is providing the rides to people who download the...
