Technology
Former head of Chinese automaker JAC under investigation, anti-graft watchdog says
THE former chairman of Jianghuai Automobile Group (JAC), An Jin, is under investigation, China’s anti-graft watchdog said.An retired from the state-owned automaker in 2021 after 46 years, having served...
China Xiaomi’s market value soars by up to US$7.6 billion on EV launch
SHARES of China’s Xiaomi surged as much as 16 per cent on Tuesday (Apr 2) as the electronics maker’s sporty electric vehicle (EV) launched last week drew strong interest,...
Singapore owner, manager of Dali file petition to cap compensation at US$43.6 million in Baltimore bridge case
THE Singapore-based owner and manager of the containership Dali have filed a petition in the US, seeking to exonerate themselves or limit the damages that could arise from the...
Japan approves 590 billion yen in aid to chip venture Rapidus
JAPAN approved up to 590 billion yen (S$5.3 billion) in subsidies to chip venture Rapidus, committing more money to its ambition to catch up in semiconductor manufacturing. The additional...
Singapore stocks open flat on Tuesday; STI remains unchanged
SINGAPORE stocks were trading muted on Tuesday (Apr 2) morning, tracking the US market’s subdued performance. As at 9.01 am, the Straits Times Index (STI) was flat, rising just 0.02...
Tesla has Wall Street worried about how many cars it just sold
TESLA may be headed for a gloomy milestone as waning demand for electric vehicles (EVs) and elevated interest rates take a toll on sales.Analysts rapidly lowered their projections for...
Microsoft-backed Rubrik’s IPO filing shows US$354 million loss
RUBRIK, a cloud and data security startup backed by Microsoft, filed for an initial public offering, disclosing growing revenue and losses.The offering is being led by Goldman Sachs Group,...
McKinsey offering some staff nine months’ pay to leave firm
MCKINSEY & Co has made a unique offer to some of its staff: Take nine months’ pay and go away.The management-consulting firm is dangling the pay, along with career-coaching...
How Did Vontae Davis Die? Former Dolphins, Colts and Bills Player Dies Suddenly Aged 35 as Body Is Found at Grandmother’s Home in Florida
Vontae Davis, the former Miami Dolphins, Indianapolis Colts, and Buffalo Bills cornerback has died aged 35. Davis' body was found at a home in Southwest Ranches, Florida. According to...
Who is Gilbert Reyes Bermúdez? American Man Accused of Murdering 3 Women in Honduras, Whose Bodies were Found Inside a Car
An American citizen, Gilbert Reyes Bermúdez, has been arrested in the Dominican Republic over the alleged murder of three women in the Honduran island of Roatán, as per Honduran...