Leadership
China to step up quantum computing, AI efforts as it aims for tech self-sufficiency
CHINA will formulate development plans for emerging industries including quantum computing and will continue striving towards achieving self-sufficiency in technology,...
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Singapore shares rise at Tuesday’s open; STI up 0.2%
SINGAPORE shares rose at the opening bell on Tuesday (Mar 5) morning, despite overnight losses in global markets. The Straits...
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Shell companies in Singapore linked to money laundering operation in India
ONE of India’s law enforcement agencies has uncovered a money laundering operation involving fake invoices issued by purported shell companies...
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Ex-Twitter executives sue Musk for unpaid severance
FORMER top executives of Twitter sued Elon Musk on Monday saying he has failed to pay them nearly US$130 million...
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JPMorgan joins French payments fray in tie-up with Visa rival
JPMORGAN & Chase will join France’s Cartes Bancaires, giving the payment network more heft to compete with United States rivals...
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War insurers shrug off Rubymar sinking in Red Sea, rates stable
THE cost of war risk insurance through the Red Sea remained stable on Monday (Mar 4) despite the sinking of...
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US: Wall St slips at open after recent rally; economic data on tap
US STOCK opened lower on Monday (Mar 4) after the S&P 500 and the Nasdaq’s record-closing highs in the prior...
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Nvidia leaps Aramco to be world’s third most-valuable company
NVIDIA has claimed another milestone by overtaking Saudi Aramco in market value, making the chipmaker the world’s third-most valuable public...
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Chinese battery giant CATL looks to set up R&D centres in Hong Kong to underpin technology exports
CHINESE battery giant CATL is in discussions to set up research and development centres in Hong Kong to create new...
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JPMorgan acquires startup Layerone to boost hedge fund offerings
JPMORGAN Chase acquired LayerOne Financial, an investment management platform that was spun out from Fortress Investment Group, as it seeks...
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