News
Perplexity in talks to integrate assistant into Samsung, Motorola phones
[LOS ANGELES] Perplexity AI, an artificial intelligence (AI) startup vying with Google and OpenAI, is ramping up efforts to get prime placement for its virtual assistant on smartphones. The...
TSMC Q1 profit set to jump, but Trump’s policies cloud its future
[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC), the main global producer of advanced chips used in artificial intelligence (AI) applications, is set to report a 57 per cent leap in...
Oil up 2% to a two-week high as new US sanctions target Iran’s exports
[HOUSTON] Oil prices rose nearly 2 per cent on Wednesday (Apr 16) to a two-week high on concerns about global supplies after Washington issued new sanctions targeting Chinese importers...
Industry players see room for private credit market to grow in South-east Asia
[SINGAPORE] Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater interest in South-east Asia, with regional governments...
Global chipmakers feel the pinch of Trump’s shifting trade policy
[BENGALURU] Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and...
Nickel scam accused Ng Yu Zhi splurged on 20-carat diamond ring, and had ‘five families’: witness
[SINGAPORE] Alleged nickel fraudster Ng Yu Zhi had “five families” – his wife, ex-wife and three girlfriends – one of his former employees told the High Court on Wednesday...
US: Wall Street falls, Nvidia drops after new US chip export curbs
Published Wed, Apr 16, 2025 · 09:44 PM[NEW YORK] Wall Street fell on Wednesday (Apr 16), with the Nasdaq leading declines after Nvidia flagged steep charges from new US...
Dollar back under pressure, safe havens outperform
[LONDON] The dollar resumed its descent on Wednesday (Apr16), dropping across the board and losing the most ground to the Swiss franc and the euro as a new bout...
ASML warns of tariff risks, maintains forecast as AI race accelerates
ASML, the world’s biggest supplier of computer chip-making equipment, said on Wednesday (Apr 16) that tariffs were increasing uncertainty around its outlook for 2025 and 2026, but stood by...
Hong Kong stocks drop on trade war anxiety, China inches higher
[HONG KONG] Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising concerns of an intensifying trade...
