Technology
Lenovo’s profit beats estimates as AI fuels PC recovery hopes
Investors are betting that PC makers from HP to Dell Technologies will benefit in 2025 as consumers pick up devices with more AI featuresLENOVO Group’s quarterly profit beat projections,...
Asean wellness real estate in pink of health on investor surge: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health and wellness industries, said a report by CapitaLand Investment...
Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
RIO Tinto does not support a push by some shareholders to consolidate the company’s dual-exchange share listing in Sydney, its CEO said on Wednesday (Feb 19) as the miner...
Former manager at DBS Bank admits cheating 4 clients of S$348k
A WEALTH planning manager with DBS Bank cheated four of his clients of S$348,000 in total by duping them into investing in fictitious fixed deposits with “attractive terms”.Pang Yuheng,...
Telstra’s profit jumps, announces A$750 million share buyback
TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced an A$750 million (S$639 million) share buyback, citing...
Seatrium wins offshore rig contract from Saudi Aramco-backed International Maritime Industries
RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard International Maritime Industries (IMI) to provide equipment, and a licence to build...
Microsoft develops AI model for videogames
MICROSOFT has developed an artificial intelligence (AI) model of a videogame which can help generate visuals and actions, the company announced on Wednesday (Feb 19).The model, called Muse, was...
Chinese rivals seize on Illumina’s blacklisting to woo clients
BEIJING’S surprise move to blacklist Illumina has unleashed a frenzy among the US firm’s Chinese rivals to win market share from the gene-sequencing giant.While Illumina is still assessing the...
Bank of Japan’s hawkish stance seen boosting demand for US corporate bonds
INTEREST rate hikes from the Bank of Japan (BOJ) should help cut currency protection costs for Japanese investors, spurring their appetite for US investment-grade corporate bonds, according to Bank...
Singapore High Court Grants Last-Minute Stay of Execution for Malaysian National Pannir Caught with 51g of Heroine
In an unexpected development, the Singapore High Court has granted Malaysian Pannir Selvam Pranthaman a stay of execution while the case is still pending. Pannir was originally set to...