News
Hong Leong Asia unit’s director and ex-chief accountant detained in China
[ad_1] [SINGAPORE] The director and former chief accountant of China Yuchai International (CYI) have been detained by Chinese authorities.Hong Leong Asia, which holds a 48.7 per cent stake in the...
Stocks to watch: Genting Singapore, Jardine Matheson, Mandarin Oriental, Parkway Life Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Oct 21): Genting Singapore : The mainboard-listed group on Monday named Si Chen...
Chip crunch: how the AI boom is stoking prices of less trendy memory
[ad_1] [SEOUL] The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers, spurring panic buying by some customers...
China scraps platinum tax break for state-owned giant
[ad_1] Wind is a favoured industry as the Asian nation aims to boost renewable energy and accelerate the country’s energy transition[NEW DELHI/LONDON] China will phase out a long-standing platinum tax...
Genomics giant Illumina to boost Singapore headcount by 25%, doubles down on local R&D
[ad_1] US-based company is developing next-generation sequencers, using AI models in the Republic to speed up diagnostics and lower healthcare costs[SINGAPORE] Life sciences player Illumina is set to grow its...
UK TV channel deploys AI host for current affairs documentary
[ad_1] [LONDON] A British television channel became the latest from around the world to use an artificial intelligence (AI) presenter, in a programme airing on Monday about the emergent technology’s...
Amazon‘s AWS nears recovery after major outage disrupts apps, services worldwide
[ad_1] [SAN FRANCISCO] Amazon.com said on Monday that a cloud computing unit at its data center in northern Virginia had largely contained fallout from a widespread Internet outage that caused...
Oil settles at 5-month low as supply glut fears mount
[ad_1] [HOUSTON] Oil prices settled at their lowest since early May on Monday as investors weighed a potential global glut, with US-China trade tensions adding to concerns about an economic slowdown and...
Apple hits first record of 2025 as iPhone optimism fuels rebound
[ad_1] The iPhone maker has soared more than 50%, finally turning positive for the year in late September[NEW YORK] Apple shares hit their first record of 2025 on Monday (Oct...
Wilmar Indonesia unit general manager charged over sugar imports
[ad_1] The unlawful raw sugar imports have allegedly caused state losses amounting to 578 billion rupiah[SINGAPORE] The general manager of Wilmar International’s Indonesian subsidiary has been charged by the Indonesian...
