News
Nvidia to launch cheaper Blackwell AI chip for China after US export curbs: sources
[BEIJING/TAIPEI] Nvidia will launch a new artificial intelligence (AI) chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production...
Audience Analytics eyes growth in Vietnam, M&A opportunities
[SINGAPORE] Audience Analytics, an organiser of regional business awards and career fairs, is seeking growth in Vietnam with its recent investment in a business partner there, while looking out...
Japan Foods H2 loss widens to S$6.2 million amid ‘challenging year’ for Singapore F&B
[SINGAPORE] Restaurant operator Japan Foods on Sunday (May 25) reported a loss of S$6.2 million for the second half ended Mar 31, 2025, sinking further into the red from...
EU weighs cutting 20 banks from Swift in new Russia sanctions
The European Union (EU) is considering cutting more than 20 banks from Swift, the international payments system, as well as lowering a price cap on Russian oil and banning...
Riverstone and Ho Bee Land chairmen make fresh share purchases
[SINGAPORE] Over the five trading sessions from May 16 to 22, institutions were net sellers of Singapore stocks, with net institutional outflows of S$65 million, adding to net outflows...
AI is changing shopping. Will consumers buy in?
Carolyn Bennett remembers flipping through a yellow telephone book in the 1980s to find carpet stores and workers who refinished wood to help renovate her home.Today, the 67-year-old uses...
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concernsPublished Sat, May 24, 2025 · 01:15 PM[TOKYO] Advisory firm Glass Lewis has recommended shareholders re-elect Toyota Motor...
Salesforce is back in talks to acquire Informatica
[NEW YORK] Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the matter said. If a deal is...
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
[BENGALURU] Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT) reported on Friday (May 23).The data centre,...
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
[WASHINGTON] The US Justice Department (DOJ) said on Friday (May 23) it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud...
