News

Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
[ad_1] The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles [SINGAPORE] The Republic’s electric vehicle (EV) adoption rate...
Wall Street sees an AI bubble forming and is gaming what pops it
[ad_1] Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom[NEW YORK] It has been three years since OpenAI set off euphoria over...
Xpeng in negotiations partner with EPMB to start EV production in Malaysia
[ad_1] Chinese EV maker aims to make Malaysia a base for expansion across Asean’s right-hand-drive markets[SHANGHAI] Xpeng said on Friday (Dec 12) that it is in negotiations to partner EP...
Green stocks are big winners as tech boom drives energy demand
[ad_1] Lower interest rates have also improved the outlook for debt-heavy clean-power countersIT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his...
Intel has tested chipmaking tools from firm with sanctioned China unit: sources
[ad_1] Two of ACM’s units, based in Shanghai and South Korea, are barred last year from receiving US technology[WASHINGTON/SAN FRANCISCO] Chipmaker Intel, has tested chipmaking tools this year from a...
Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets
[ad_1] The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening[KARACHI] Pakistan has signed a memorandum of understanding with crypto exchange Binance...
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
[ad_1] The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
China is ‘rejecting’ Nvidia’s H200 chips, outfoxing US strategy, David Sacks says
[ad_1] China is weighing a package of incentives worth as much as US$70 billion to support its local chipmaking industry[WASHINGTON] China has figured out the US strategy for allowing it...
US regulator grants crypto firms initial approval to launch trust banks
[ad_1] The regulator still has to sign off with a final stamp of approval before each of the trust banks can begin to operate[NEW YORK] Crypto giants, including Ripple and...
Musk’s X posts higher sales amid costly turnaround
[ad_1] [NEW YORK] Sales at Elon Musk’s X jumped during the third quarter, but the social network is still dealing with significant costs – including from the firm’s restructuring –...
Ghost oil ships dock in Venezuela, showing challenge for US
[ad_1] The International Energy Agency estimates the current oversupply at a record 3.8 million barrels a day[HOUSTON] Two so-called ghost oil ships are currently loading off the coast of Venezuela,...
Google faces 110 million euros French asset freeze after Russian ruling, documents show
[ad_1] [PARIS/MOSCOW] The administrator of Google’s defunct Russian business has obtained a temporary freeze on some 110 million euros (S$167 million) of the Alphabet-owned company’s assets in France, official orders...