Lifestyle
Microsoft announces 4 billion-euro data centre investment in France
MICROSOFT on Sunday announced it would invest four billion euros (S$5.8 billion) to develop data centres in France to bolster its infrastructure in artificial intelligence and cloud computing.The US...
Baltic Exchange Shipping Insights
Capesize
Following the UK Bank holiday, Tuesday marked a strong start for the Capesize market with rising rates in both the Pacific and Atlantic regions, driven by increased miner activity...
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...
