Technology
Hot stock: Sembcorp rises as much as 7% after H1 profit increase
The uptick in profit is mainly due to the absence of a S$78 million loss in H1 FY2023 from a discontinued operation SHARES of Sembcorp surged on Wednesday (Aug 7),...
Samsung’s 8-layer HBM3E chips clear Nvidia’s tests for use, sources say
A VERSION of Samsung Electronics’ fifth-generation high bandwidth memory (HBM) chips, or HBM3E, has passed Nvidia’s tests for use in its artificial intelligence (AI) processors, three sources briefed on...
Indonesia president launches China-based BTR’s anode plant
INDONESIA’S President Joko “Jokowi” Widodo on Wednesday (Aug 7) launched a plant built by China’s BTR New Material Group and Singapore’s Stellar Investment that will produce anode materials for...
DBS Q2 profit rises 6% to S$2.79 billion; declares S$0.54 per share dividend
DBS net profit for its second quarter rose amid a broad-based growth in total income, it said on Wednesday (Aug 7).Net profit for the three months ended June 30,...
Gold prices inch lower as US dollar, yields rebound
GOLD prices edged lower on Wednesday (Aug 7) as the US dollar and Treasury yields firmed, while bets of a September rate cut from the Federal Reserve limited further...
Hot ringgit trade gets another boost from foreign bond flows
THE Malaysian ringgit’s rally is luring global funds to buy more local bonds, giving a further boost to the emerging market ’s top-performing currency this quarter.Foreign investors poured RM5.5...
Elite UK Reit posts 19.5% lower H1 DPU of £0.014
ELITE UK Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the first half of the year fell 19.5 per cent to £0.014 from £0.0174 in the corresponding...
Super Micro’s weak profit fuels AI server margin anxieties
SUPER Micro Computer reported quarterly revenue and profit that missed analysts’ estimates, outweighing an annual sales outlook that was billions above Wall Street projections.Profit, excluding some items, was US$6.25...
Chevron dumps California for Texas after 145 years
CHEVRON, based in California since the days of kerosene lamps, is moving headquarters to Texas after years of fighting Golden State officials over strict environmental policies and costly regulations.The...
India Vs Germany Live Streaming: How to Watch the Paris Olympics 2024 Men’s Hockey Semifinal Online in the US, UK and India
Having demonstrated its determination by overcoming Great Britain in the quarterfinals despite being short-handed, India is now ready to tackle the challenge posed by defender Amit Rohidas' absence as...