Lifestyle
Country garden seeking exit from Chinese chipmaker CXMT: sources
AS CHINESE property developer Country Garden Holdings struggles under a mountain of debt, its venture capital arm is considering selling its stake in a chipmaker that may become a...
Malaysia’s ringgit overcomes this year’s slow start as inflows gather pace
THE Malaysian ringgit has raced ahead of all its Asian peers in the past three months and if market watchers are right, the move is set to gain traction.The...
ECB seen making fewer rate cuts in fight to curb inflation risks
Economists are dialling back their expectations for how far the European Central Bank (ECB) will lower interest rates after it starts cutting next week, according to a Bloomberg survey.Respondents...
British fintech Revolut views Asia-Pacific as key for expansion
THE Asia-Pacific region is one of the keys for global expansion at London-based Revolut, including markets such as Australia, New Zealand and Singapore, according to the fintech company’s head...
US is slowing AI chip exports to Middle East by Nvidia, AMD
US OFFICIALS have slowed the issuing of licenses to chipmakers such as Nvidia and Advanced Micro Devices (AMD) for large-scale artificial intelligence (AI) accelerator shipments to the Middle East,...
Renault to develop Twingos priced under 20,000 euros with Chinese partner
RENAULT said it would link up with a Chinese engineering company to develop future Twingo cars priced below 20,000 euros (S$29,249), as European automakers target smaller and cheaper electric...
Terraform Labs, Do Kwon agree to settle SEC civil fraud case
SINGAPORE-BASED Terraform Labs and its founder Do Kwon have reached a tentative settlement with the US Securities and Exchange Commission (SEC) which sued them for allegedly misleading cryptocurrency investors...
Azeus H2 net profit up 91% at HK$57.6 million on higher revenue
IT SOLUTIONS and products provider Azeus Systems Holdings : BBW 0% on Thursday (May 30) posted a 91 per cent rise in net profit to HK$57.6 million (S$10 million)...
