News
US dollar poised for worst 1st 100 days of presidency since Nixon
[ad_1] A dollar gauge is on track for its worst performance during the first 100 days of a US presidency in data going back to the Nixon era, when America...
S-Reits rebound from early April sell-off
[ad_1] [SINGAPORE] Real estate investment trusts in Singapore (S-Reits) have rebounded strongly over the past two weeks, in line with the broader recovery in the Singapore market following the sell-off...
Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
[ad_1] [GERMANY] Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial intelligence (AI) startup and social media business,...
Only Google can run Chrome, company’s browser chief tells judge
[ad_1] Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today, given its “interdependencies” on other parts of...
NASA administrator was once arrested, accused of passing bad checks to casinos
[ad_1] [NEW YORK] President Donald Trump’s nominee for Nasa administrator, Jared Isaacman, was arrested on fraud charges in 2010 and faced lawsuits in two states for writing US$2 million in...
US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
[ad_1] [LONDON] A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as much as 12.9 per...
Tencent Music in talks to buy Ximalaya for US$2.4 billion
[ad_1] Published Fri, Apr 25, 2025 · 09:02 PM[BEIJING] Tencent Music Entertainment Group is in advanced talks to buy Chinese podcasting startup Ximalaya in a US$2.4 billion deal that would...
China’s Didi recruits ride-hailing drivers in Hong Kong push
[ad_1] [HONG KONG] China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China.
The move sets the Chinese ride-hailing pioneer up...
BYD first-quarter profit soars, beating Tesla on another metric
[ad_1] [HONG KONG] BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a robust start to the...
Seatrium chief financial officer resigns, to be replaced by strategy EVP
[ad_1] Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role[SINGAPORE] Seatrium has appointed Stephen Lu, its executive vice-president (EVP) for strategy, as...
Apple aims to build most iPhones for US in India by end-2026
[ad_1] [NEW DELHI] Apple is seeking to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China...
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[ad_1] Published Fri, Apr 25, 2025 · 02:22 PM[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800 Kunlun chips, which can support the training...