Companies
US penalises two Chinese companies that acquired tools for chipmaker SMIC
[NEW YORK] The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC), including them among...
US SEC launches task force on securities fraud by foreign companies
[WASHINGTON] The US Securities and Exchange Commission (SEC) is setting up a new unit to focus on securities fraud by foreign companies, one of the first signals of the...
Companies look to AI to enable financial resilience amid global volatility: DBS survey
[SINGAPORE] Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI) tools of particular interest, based on a global survey by DBS...
Companies keep slashing jobs. How worried should workers be about AI replacing them?
Tech companies that are cutting jobs and leaning more on artificial intelligence are also disrupting themselves.Amazon’s Chief Executive Andy Jassy said last month that he expects the e-commerce giant...
Singapore’s snares its largest Reit IPO in a decade while HK looks to another bumper year driven by China companies
[SINGAPORE] The past week has seen good news for the Singapore Exchange (SGX), with NTT filing to list a Reit - likely to Singapore’s largest in a decade -...
Trump Terminates Talks with Canada Over Tax on US Tech Companies and Threatens It to Get Ready for the Consequences Within Seven Days
Trump announced that he is halting trade negotiations with Canada due to its decision to move forward with a tax targeting tech companies and added that Canada would face...
Assisted living in Singapore: Companies face steep costs, but innovation is still possible
[SINGAPORE] Assisted living facilities – which enable elderly folk to live semi-independently with elderly-friendly amenities and care services – are a tough business in land-scarce Singapore. But there is...
Banks critical to help companies in more protectionist global economic order: Gan Kim Yong
[SINGAPORE] Banks play a critical role in helping companies as they adapt to a more protectionist global economic order, said Deputy Prime Minister Gan Kim Yong, who is also...
