News
China’s Huawei develops new AI chip, seeking to match Nvidia: WSJ
The Chinese company hopes that the latest iteration of its Ascend AI processors will be more powerful than Nvidia’s H100Published Mon, Apr 28, 2025 · 08:25 AM[BENGALURU] China’s Huawei...
CapitaLand Investment’s launch of new C-Reit comes as it takes long-term view of China business
[SINGAPORE] CapitaLand Investment (CLI) holds a long-term view of its business in China where it has built a strong foundation as part of the CapitaLand Group for over 30...
OCBC-GEH saga: Could the insurer’s suspension be resolved through a selective capital reduction?
At OCBC’s annual general meeting on Apr 17, chairman Andrew Lee left no doubt that the banking group has been unmoved by calls for it to distribute its stake...
China says CK Hutchison’s ports deal must not try to avoid antitrust review
[BEIJING] China’s top market regulator said on Sunday (Apr 27) that it was paying close attention to CK Hutchison’s planned sale of most of its ports operations to a...
Shein hikes US prices as much as 377% ahead of tariff increases
Fast-fashion giant Shein Group raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on small parcels, in an early sign of the potential effect...
Singapore homes in the Central Business District
[SINGAPORE] Land parcels along Cross Street in the Central Business District have been earmarked for redevelopment for residential use, according to the Urban Redevelopment Authority (URA). One of the...
US dollar poised for worst 1st 100 days of presidency since Nixon
A dollar gauge is on track for its worst performance during the first 100 days of a US presidency in data going back to the Nixon era, when America...
S-Reits rebound from early April sell-off
[SINGAPORE] Real estate investment trusts in Singapore (S-Reits) have rebounded strongly over the past two weeks, in line with the broader recovery in the Singapore market following the sell-off...
Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
[GERMANY] Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence (AI) startup and social media business,...
Only Google can run Chrome, company’s browser chief tells judge
Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today, given its “interdependencies” on other parts of...
