News
Google develops AI co-scientist to aid researchers
GOOGLE has developed an artificial intelligence (AI) tool to act as a virtual collaborator for biomedical scientists, the US blue chip said on Wednesday (Feb 19).The new tool, tested...
Microsoft unveils quantum computing chip for future data centres
MICROSOFT announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve problems beyond the reach of modern computers.The company...
Reviving SGX is not the endgame – creating a vibrant financial ecosystem is
IT IS somewhat counterintuitive that shares of the Singapore Exchange (SGX) have weakened since the Monetary Authority of Singapore (MAS) review group on Feb 13 announced tax incentives as...
US: Wall St opens slightly lower as markets assess latest tariff threats
WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats and head of minutes from the Federal Reserve’s...
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on Wednesday (Feb 19), citing people familiar...
All assets of biotech founder in Novo Nordisk suit frozen, including US$218 million in DBS account
The Danish drugmaker alleges misrepresentations by KBP Biosciences founder Huang Zhenhua about the success of its kidney drug PHARMA giant Novo Nordisk has been granted an injunction by the...
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
The company has opened...
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).He relinquished the role to “focus on other...
Singapore shares end Wednesday higher on UOB earnings, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billionSINGAPORE stocks closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the...
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the private healthcare group at more than S$1 billion,...
