Tech

SPH Media cuts 10% of tech employees in restructuring move in bid to stay sustainable
SPH Media cuts 10% of tech employees in restructuring move in bid to stay sustainable
THIRTY-FOUR or 10 per cent of SPH Media’s employees in its tech division across teams and ranks will be cut as the group aims to remain competitive and sustainable amid the...
Europe: Stoxx 600 hits 1-month low as bleak earnings weigh, tech stocks slump
Europe: Stoxx 600 hits 1-month low as bleak earnings weigh, tech stocks slump
Europe’s main stock index fell 1 per cent to its lowest in over a month on Wednesday (Oct 30), as technology and mining stocks led a broader market decline...
Nikkei closes at 2-week peak as tech shares track Nasdaq higher
Nikkei closes at 2-week peak as tech shares track Nasdaq higher
Japan’s Nikkei share average rose to a two-week closing high on Wednesday (Oct 30), as technology stocks tracked the Nasdaq’s record finish overnight.The Nikkei climbed 0.96 per cent to...
E.U. Partners With Venture Capital Firms to Boost Tech Investment
The European Union has announced that it is teaming up with 71 investors that will co-invest in innovative tech projects in the region. Together, the venture capital funds, public...
Beijing bourse plans to help smaller tech companies to list
Beijing bourse plans to help smaller tech companies to list
THE Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday (Oct...
DBS’ Piyush Gupta: Only half of banks making enough AI, tech progress
DBS’ Piyush Gupta: Only half of banks making enough AI, tech progress
THE head of Singapore’s biggest lender said only about half of the banking industry has made sufficient progress in transforming their businesses to embrace digitalisation and artificial intelligence (AI).“If...
Europe: Stoxx 600 ends week higher as tech stocks rebound
Europe: Stoxx 600 ends week higher as tech stocks rebound
EUROPE’S Stoxx 600 ended higher on Friday (Oct 18), as tech stocks made a strong comeback at the end of a bumpy week, while the European Central Bank’s (ECB)...
US: Nasdaq, S&P 500 open higher on tech boost
US: Nasdaq, S&P 500 open higher on tech boost
The S&P 500 and the Nasdaq opened higher on Friday (Oct 18), lifted by advances in technology shares, while the Dow Jones Industrial Average edged lower.The Dow Jones Industrial...
US: Wall Street opens flat after tech selloff
US: Wall Street opens flat after tech selloff
Wall Street’s main indexes were little changed at the open on Wednesday (Oct 16), as investors took a breather following a selloff in tech and oil stocks in the...
Bank of America folds fintech investment banking team into tech
Bank of America folds fintech investment banking team into tech
Fintech and software payments are bound to intersect as financial technology begins to resemble traditional technology such as software, banking official saysBANK of America has folded its fintech investment...