News
Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
[ad_1] For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial[SINGAPORE] Singapore’s energy regulator has received considerable interest from companies in...
Adidas sees 120-million-euro Trump tariff hit
[ad_1] [FRANKFURT] German sportswear giant Adidas said Wednesday (Oct 29) that it expected US President Donald Trump’s tariff blitz to cost it 120 million euros (S$180.7 million) for the year.The...
Singapore expands electricity system with Meranti’s hydrogen-ready power plant
[ad_1] At full capacity, the 682-megawatt facility on Jurong Island can power over a million four-room flats[SINGAPORE] The Energy Market Authority’s (EMA) wholly owned subsidiary, Meranti Power, has developed a...
Director of Hong Leong Asia unit resigns amid probe by authorities in China
[ad_1] Wu Qiwei, a former board member of China Yuchai International, is suspected of ‘serious violations of discipline and law’[SINGAPORE] Wu Qiwei, a director of Hong Leong Asia subsidiary China...
Increasingly challenging to find suitable land for data centres: Keppel CEO
[ad_1] Loh Chin Hua says the company has been exploring power banking to boost efficiency[SINGAPORE] Finding land with the right connectivity and access to water to build data centres is...
‘Thoroughbred over unicorns’: How SGAG parent Hepmil went from seed to sale
[ad_1] Advertising and public relations giant Publicis Groupe is acquiring the company for an undisclosed sum[SINGAPORE] South-east Asia’s tech scene received a boost with news of Hepmil Media Group’s acquisition...
Nvidia storms past US$5 trillion valuation as AI boom powers meteoric rise
[ad_1] The milestone underscores the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry[NEW YORK] Nvidia made history on Wednesday (Oct 29) as the...
UBS Q3 profit beats expectations as investment banking rebounds, legal costs ease
[ad_1] [ZURICH] UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted performance. The Zurich-based bank said net income was US$2.5 billion...
Mercedes beats margin forecasts as premium sales offset job-cut charges
[ad_1] [BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business as improved sales of premium models helped to offset one-off charges...
Vietnam boutique brands expand to Singapore amid rising demand
[ad_1] These labels, which do well among Singaporeans on their home turf, are setting up outlets to hawk trendy, affordable fashion[SINGAPORE] Along the first floor of Suntec City, a splash...
