Technology
Wall Street slips at open as investors assess key jobs data
[NEW YORK] Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy, paving the way for more monetary policy...
Thai central bank is ‘taking action’ on baht, worried by rapid rise
[BANGKOK] Thailand’s central bank has taken action to tackle the appreciation of the baht, governor Vitai Ratanakorn said on Tuesday (Dec 16).It is worried about the currency’s rapid rise...
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker IRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics.Founded 35 years ago, the Massachusetts company pioneered the development of...
Private equity and venture capital face tougher fundraising in 2025, with uneven exit recovery: Preqin report
[SINGAPORE] Private equity (PE) and venture capital (VC) fundraising has remained tough in 2025, a report by data platform Preqin shows.About US$64.4 billion was raised for VC investments globally...
CSE Global bags three electrification contracts valued at US$124.6 million
Contracts are for the design and manufacture of power distribution centres, and the integration of electrical and control systems and equipment[SINGAPORE] Global electrification and automation solutions provider CSE Global...
Asian markets drop with Wall Street as tech fears revive
Tech firms have been at the forefront of a global surge in equity markets for the past two years[HONG KONG] Asian markets dropped on Monday (Dec 15) as concerns...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently accessNVIDIA has told Chinese clients it is...