Technology
US weighs sanctioning Huawei’s secretive Chinese chip network
THE Biden administration is considering blacklisting a number of Chinese semiconductor firms linked to Huawei Technologies after the telecom giant notched a significant technological breakthrough last year, sources familiar...
China banks hold lending rates as PBOC refrains from easing
CHINESE banks maintained their benchmark lending rates following the central bank’s recent decision to stand pat on monetary policy. The one-year loan prime rate (LPR) was held at 3.45...
Is your smart device safe from hackers? New FCC program will label cybersecure technology
Everyday household items, including your remote thermostat and your baby monitor, may make you vulnerable to cyberhackers. But a new federal program hopes to identify and label which internet-connected...
Meta does not expect new Nvidia chips to arrive until at least next year
FACEBOOK owner Meta Platforms is not expecting to receive shipments of Nvidia’s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters. Nvidia, the dominant designer of...
Stocks to watch: Wilmar, CLI, FLCT, Frasers Hospitality Trust, Second Chance
THE following companies saw new developments that may affect trading of their securities on Wednesday (Mar 20): Wilmar International: The agribusiness group’s wholly owned subsidiary, Wilmar Pakistan, intends to...
Ted Baker to go into administration: statement
BRITISH clothing chain Ted Baker is to go into administration across Europe due to outstanding debt and a difficult retail environment, a statement sent to AFP on Tuesday said....
Nvidia expects no ‘doomsday’ in US vs China tensions
NVIDIA chief Jensen Huang said on Tuesday he does not expect a “doomsday scenario” but is readying for the worst over tension between China and the United States. The...
Oil rises to multi-month highs on Russian supply concerns
OIL prices rose to multi-month highs for the second straight session on Tuesday as traders assessed how Ukraine’s recent attacks on Russian refineries would affect global petroleum supplies. US West...
