Posts by Stephanie Irvin
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning – The Business Times
TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest reasoning model products, as a global race intensified to create AI models capable of tackling complex problems. The company released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI’s o1…
Read MoreEastspring urges investors in Asia to be active, instead of tracking indices – The Business Times
INVESTORS in Asia need to be active in managing their portfolios this year, given the wider themes at play that could lead certain individual stocks to outperform the indices of which they are a part. This is the advice from Vis Nayar, chief investment officer of Eastspring Investments, the US$271 billion Asia-based asset management arm…
Read MoreSunway Healthcare picks banks for what could be biggest Malaysia IPO in years – The Business Times
SUNWAY has picked banks including HSBC Holdings and Malayan Banking to help arrange an initial public offering (IPO) of its healthcare business, sources familiar with the matter said, in what could be Malaysia’s biggest IPO in a decade. Jefferies Financial Group and UBS Group have also been selected to help coordinate the Sunway Healthcare Group…
Read MoreComac jets for Vietnam show China’s push for international market – The Business Times
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to authorise its planes in the country, according to two people with knowledge of the talks and documents. Comac’s actions in Vietnam demonstrate how the state-owned firm has in the past year embarked on…
Read MoreWill Writing 101: Don’t Let Your Family Fight Over Your Stuff
Ever thought about what happens to your stuff when you’re gone? Yeah, it’s not the happiest thought, but it’s super important. Writing a will might sound like something only rich folks do, but honestly, everyone should have one. It’s not just about money; it’s about making sure your family doesn’t end up in a big…
Read MoreApple’s iPhone sales in China plunged 18% in holiday quarter – The Business Times
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for the company in its biggest market after the US. The company’s flagship handsets, China’s top sellers a year earlier, relinquished the top spot to Huawei Technologies, Counterpoint Research found. Apple slipped to third…
Read MoreClaims against e-wallet providers reach half a million dollars in just over a month: Fidrec – The Business Times
A TOTAL of 16 claims amounting to half a million Singapore dollars were filed against e-wallet providers in just over a month, with a median claim amount of S$1,246, and an average claim amount of S$31,426. These claims include disputes arising from fraud or scams, delays or failure in customer service, as well as unauthorised transactions following…
Read MoreChina’s Comac aims to lift C919 jet production capacity to 50 this year: report – The Business Times
CHINESE planemaker Comac plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a Comac executive told a media outlet supported by the Shanghai government. Comac deputy general manager Shen Bo also said the Shanghai-based state-owned firm aims to manufacture 30 C919 aircraft this year, in an interview with The…
Read MoreColler Capital expands in South-east Asia private equity secondary market with Singapore office – The Business Times
The move extends the company’s commitment to the region as demand from institutional and private wealth investors rise LONDON-headquartered Coller Capital, one of the largest global investors in the private equity (PE) secondary market, is setting up an office in Singapore amid growing demand from institutional and private wealth investors in South-east Asia. It said…
Read MoreInchcape+ opens BYD commercial EV showroom in Singapore, partners ComfortDelGro for charging – The Business Times
Inchcape+ will provide vehicles for commercial fleets, while ComfortDelGro delivers charging infrastructure and financing support INCHCAPE+, a subsidiary of London Stock Exchange-listed automotive distributor Inchcape, on Tuesday (Jan 21) opened a 2,000 square foot BYD showroom in Singapore’s west and signed an agreement with ComfortDelGro (CDG) to promote the adoption of commercial fleets. Located at…
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