Leadership
South Korea’s tech exports lose growth momentum as risks rise
The outlook for chip sales is turning less optimistic this year as growth in shipments has slowed in recent monthsSOUTH Korea recorded a contraction in technology exports for the...
Ron Sim’s Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and realised it was not suitable for use...
Singapore shares open lower on Thursday; STI down 0.1%
SINGAPORE equities began Thursday (Feb 13) in negative territory, following mixed performance overnight in the US and Europe. As at 9.01 am, the Straits Times Index (STI) fell 4.98...
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPUOFFSHORE and marine specialist Seatrium inked a memorandum of understanding (MOU) with BP Exploration & Production,...
Adobe launches AI video tool to compete with OpenAI
The Firefly Video Model, as Adobe is calling the service, will compete against SoraADOBE on Wednesday (Feb 12) released the first public version of an artificial intelligence (AI) tool...
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was not the release of a...
Pimco opens office in Dubai as asset managers flock to region
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.The Newport Beach, California-based firm, which manages...
Oil sinks 2% after Trump calls Putin, Zelensky to discuss end to war in Ukraine
OIL prices settled down more than 2 per cent on Wednesday (Feb 12) after US President Donald Trump took the first big step towards diplomacy over the war in...
