Lifestyle
Arm Holdings plans to launch AI chips in 2025: report
SoftBank Group’s Arm Holdings plans to develop artificial-intelligence (AI) chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday (May 12).UK-based Arm will set up...
China national detained for illegal mining in Indonesia’s Borneo
Indonesian authorities have arrested a Chinese national suspected of conducting illegal mining activities in Borneo, according to a statement from the Energy and Mineral Resources Ministry. The suspect, who was...
South Korea plans US$7.3b programme to support chip industry
South Korea is preparing a programme to provide more than 10 trillion won (S$9.9 billion) to strengthen the country’s pivotal semiconductor industry, Finance Minister Choi Sang-mok said. Choi, in a...
Wilmar, Raffles Medical chairs continue adding to stakes
Institutions were net buyers of Singapore stocks over the five trading sessions through to May 9, with S$15.3 million of net institutional inflow, as 23 primary-listed companies conducted buybacks...
Luxury yacht charters rise as uber-rich eschew buying outright
Sales of luxury yachts may be down but the world’s megarich have found another, more instantaneous way to get their high seas kicks – chartering a swanky boat instead.Total...
Soyoil jumps on bets US tariffs to include Chinese cooking oil
Soybean oil futures surged by the most since July as traders bet that Chinese used cooking oil may be included on the list of tariffs expected to be announced...
Shein steps up London IPO preparations amid US hurdles to listing, sources say
Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced regulatory hurdles and pushback from US lawmakers, two...
US: Stocks closes up another weekly gain ahead of inflation data
US stocks eked out modest gains on Friday (May 10) and all three indexes posted another weekly advance as investors parsed comments from Federal Reserve officials and looked ahead...
Frasers Property H1 profit slides 81.8% on property value losses, lower residential contributions
NON-CASH unrealised fair-value losses and impairment on some of its commercial properties in the UK and Australia, as well as lower residential contributions from Singapore and Thailand, dragged down...
