News
Apple sends new round of cyberthreat notifications to users in 84 countries
The company is regularly warning users who may have been targeted by state hackers[WASHINGTON] Apple has sent a new round of cyberthreat notifications to users in 84 countries, the...
SoftBank’s Arm plans to set up chip training facility in South Korea
It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments[SEOUL] South Korea’s industry ministry and SoftBank’s chip unit, Arm, have signed...
X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration[BRUSSELS] Elon Musk’s social media company X was fined 120 million euros (S$181 million)...
A safety report card ranks AI company efforts to protect humanity
Are artificial intelligence companies keeping humanity safe from AI’s potential harms? Don’t bet on it, a new report card says.As AI plays an increasingly larger role in the way...
Singapore shares dip; STI down 0.1% on cautious sentiment
[SINGAPORE] Both Straits Times Index (STI) and the iEdge Singapore Next 50 Index finished lower on Friday (Dec 5), as concerns on the US economy continued to weigh on...
Temasek-backed Fullerton pares China hedge fund operations, workforce: source
[SINGAPORE] Fullerton Fund Management, backed by Temasek Holdings, has sharply scaled back its China private fund operations after years of struggling to build scale, a person with direct knowledge...
German factory orders jump on 87% surge in big transport items
Demand increased 1.5% from the previous month, which was revised significantly higher to show a 2% gain[BERLIN] German factory orders surged in October, supporting the prospect that Europe’s biggest...
India central bank cuts repo rate by 25 basis points, boosts liquidity
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5), in line with a consensus view, as record low...
CLI-backed SC Capital starts work on US$600 million first phase of Osaka data centre
The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes[SINGAPORE] Singapore-based institutional real estate investment management firm SC Capital Partners...
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020[BEIJING] China’s crackdown on borrowing by...
