Lifestyle
Hot stock: Genting Singapore rises 6.2% amid heavy trading on strong earnings
SHARES of Genting Singapore rose as much as 6.2 per cent in early trading as the top traded counter on the Singapore Exchange after the Resorts World Sentosa operator...
Singapore stocks open lower on Monday; STI down 0.1%
SINGAPORE stocks opened on a lacklustre note on Monday (May 13) despite modest gains on Wall Street. Singapore’s Straits Times Index (STI) headed down 0.1 per cent or 3.05...
ST Engineering posts 18.1% rise in Q1 revenue to S$2.7 billion
ST Engineering : S63 0% posted an 18.1 per cent rise in group revenue to S$2.7 billion for the first quarter ended Mar 31, 2024, it said in a...
Global chips battle intensifies with US$81 billion subsidy surge
SUPERPOWERS led by the United States and European Union have funnelled nearly US$81 billion towards cranking out the next generation of semiconductors, escalating a global showdown with China for...
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...
