Launches
Lockheed Martin to buy up to 25 rocket launches from Firefly Aerospace
Lockheed Martin has entered a purchase agreement with Firefly Aerospace for up to 25 launches on its Alpha rocket by 2029, the US defence contractor said on Wednesday (Jun...
Cisco launches US$1 billion AI fund and makes first investments
CISCO on Tuesday (Jun 4) launched a US$1 billion fund to invest in artificial intelligence (AI) startups, joining a list of big technology companies rushing to take stakes in...
BYD launches new hybrid vehicle tech with lower fuel consumption
China’s BYD on Tuesday (May 28) launched its latest generation of a plug-in hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km on...
Hong Kong officially launches pilot for digital yuan payments
HONG Kong launched a pilot programme enabling digital yuan payments through major Chinese banks, the first example of China’s currency project being deployed beyond the mainland.
ADDX launches fixed income marketplace and digitised bond programme
PRIVATE market exchange ADDX has launched its blockchain-based ADDX Fixed Income Marketplace (ADDX FI) alongside a multi-issuer debt issuance programme for companies to issue digitised commercial paper and bonds....
China’s Nio launches Onvo brand to challenge Tesla’s best-selling model
CHINESE electric vehicle (EV) maker Nio on Wednesday (May 15) launched the first vehicle in its new lower-priced brand Onvo which aims to compete there with Tesla’s Model Y,...
Developers sell 301 new homes in April, down 58%, on fewer launches
DEVELOPERS in Singapore chalked up 301 new private home sales in April, 58.1 per cent lower than March’s take-up as fewer new units were launched in the month, official...
Google launches Trillium chip, improving AI data centre performance five-fold
GOOGLE parent Alphabet on Tuesday (May 14) unveiled a product called Trillium in its artificial intelligence (AI) data centre chip family that it says is nearly five times as...
Infineon launches savings programme as weak demand persists
GERMAN chip manufacturer Infineon announced a cost savings programme on Tuesday (May 7) as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand.
The company lowered its...
Singapore Diplomat Suspended For Allegedly Filming Unclothed Teen at Public Bath In Japan; Tokyo Police Launches Investigation
An officer from Singapore's Ministry of Foreign Affairs (MFA) has been suspended from duties following allegations claiming that he filmed a teenager at a public bath in Japan. The...