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, according to a government work report. It will also...
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 Times Index (STI) gained 0.2 per cent or 5.28...
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 in Singapore for software and other services. The Enforcement...
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 after the billionaire took over the social media company...
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 Visa and Mastercard. The Wall Street giant was the...
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 the Rubymar cargo ship as underwriters had already factored...
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 session, as investors paused at the start of a...
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 company after Apple and Microsoft. The company ended Friday’s...
