Posts by Stephanie Irvin
Nvidia CEO visits Beijing after US bars chip sales to China
[HONG KONG] Nvidia chief executive officer Jensen Huang arrived in Beijing on Thursday (Apr 17), shortly after the Trump administration barred the company from selling H20 artificial intelligence (AI) chip to China. Huang, a frequent visitor to the country, showed up in the capital at the invitation of a domestic trade group, according to a…
Read MoreRegistered Agent Reality: What They Actually Do For You
When you start a business, one of the first things you need to do is choose a registered agent. But what exactly does that mean? Registered agents play a vital role in your business by handling important paperwork and ensuring you’re compliant with state regulations. This article breaks down what registered agents do, clears up…
Read MoreOil posts weekly gain on trade deal hopes, new Iran sanctions
[NEW YORK] Oil prices settled more than 3 per cent higher on Thursday (Apr 17), supported by hopes for a trade deal between the United States and the European Union and new US sanctions to curb Iranian oil exports, which continued to elevate supply concerns. Brent crude futures settled US$2.11, or 3.2 per cent, higher…
Read MoreChina bans ‘smart’ and ‘autonomous’ driving terms from vehicle ads
[SHANGHAI] China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and will tighten rules around such technology upgrades, the government told industry representatives, according to a transcript of a meeting. The mandate on vehicle advertising was delivered by the Ministry of Industry and Information Technology…
Read MoreNickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
[SINGAPORE] Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the ill-gotten gains from his purported nickel trading. Ng, 37, accused of swindling nearly 1,000 victims of about S$1.5 billion over six years, paid S$8 million for a freehold, semi-detached…
Read MoreChinese tea chain Chagee CEO becomes a billionaire after US$411 million US IPO
[NEW YORK] A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic decoupling and market volatility. With the US IPO market at a near standstill and some analysts questioning whether Chinese stocks will be…
Read MoreHyundai to suspend EV production in South Korea due to slow demand, US tariffs
The suspension comes as EV orders from major markets have fallen sharply in April Published Thu, Apr 17, 2025 · 08:07 PM [SEOUL] Hyundai Motor plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow demand and US tariffs, Yonhap news agency reported on Thursday (Apr 17),…
Read More‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status
[SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and exhibitions (Mice) and concerts, said DBS analysts. This comes as Singapore eyes a new Mice hub downtown amid plans by the Singapore Tourism Board (STB) to leverage the country’s…
Read MoreBank of Korea holds rate steady while citing big rise in downside risks
[SEOUL] The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have emerged since February, in a dovish hold decision pointing to a resumption of policy easing in coming months. The central bank kept its seven-day repurchase rate unchanged at 2.75 per cent on…
Read MoreMalaysia Aviation Group reports RM54 million net profit in 2024
The parent company of Malaysia Airlines has been steadily growing and renewing its fleet Published Thu, Apr 17, 2025 · 11:07 AM [KUALA LUMPUR] Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, on Thursday (Apr 17) reported a net profit of RM54 million (S$16 million) for its 2024 financial year. Malaysia Airlines has…
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