News

China slows rather than halts copper smelting’s breakneck growth
THE Chinese government is getting serious about constraining the blind expansion of copper smelters, although its new policy is likely to pause rather than stop development.Eleven ministries signed an...
SingPost appoints former SGX CFO and former SIA Engineering CEO as new non-executive, independent directors
SINGAPORE Post (SingPost) on Monday (Feb 17) announced the appointment of two new non-executive, independent directors, Chng Lay Chew and Ng Chin Hwee.Ng formerly served as chief executive officer...
Apple aims to boost Vision Pro with AI features, spatial content app
APPLE is planning to add Apple Intelligence to its Vision Pro headset, along with an updated mode for guest users and a spatial content app, as it seeks to...
Australia set for first rate cut since 2020 as trade risks mount
AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board remains alert to potential inflationary pressures from mounting global...
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant local market ecosystemThe Straits Times Index (STI)...
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on...
Data centre S-Reits report growth in latest results
THE rise of artificial intelligence (AI) has been a key theme for investors in recent years, and data centre (DC) assets are likely beneficiaries as the adoption of such...
Falling yields pile pressure on China’s insurers
CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with deflation, as the bond market soared, the stock market took off in...
Google and Meta used to champion DEI efforts. Why Big Tech is pulling back
More than a decade ago, outcries about the lack of diversity in the tech industry reverberated across major Silicon Valley companies from Facebook to Google.Women and minorities spoke out...
Meta plans major investment into AI-powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered humanoid robots.The company is making a significant investment into the category...
Apple’s long-promised AI overhaul for Siri runs into bugs, possible delays
APPLE’s long-promised overhaul for the Siri digital assistant is facing engineering problems and software bugs, threatening to postpone or limit its release, according to sources with knowledge of the...
Trump’s Washington is opening its doors to eager fintechs
AFTER struggling to win much sway in a Biden-era Washington, some of the biggest fintech firms are now getting a lot more facetime on Capitol Hill. Groups that lobby...