Unveils
Singapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by...
Microsoft unveils quantum computing chip for future data centres
MICROSOFT announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve problems beyond the reach of modern computers.The company...
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEOUOB’s board has announced a S$3 billion package to distribute surplus capital over the...
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new...
DeepSeek Unveils Janus-Pro-7B: AI Image Model That Outperforms DALL-E 3 and Stable Diffusion
Chinese AI startup DeepSeek has launched its latest image-generation model, Janus-Pro-7B, claiming it surpasses major competitors, including OpenAI's DALL-E 3 and Stability AI's Stable Diffusion. The announcement, made on...
China unveils plan to encourage insurance funds into stock markets – The Business Times
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost...
Honda unveils first US-made EVs, plans for high-performance chip
HONDA Motor debuted prototypes of its two latest electric vehicles (EVs) – a sedan and an SUV – with a new software operating system that will be built at...
Nvidia CEO unveils robot training tech, Toyota deal and new gaming chips
ARTIFICIAL intelligence (AI) to better train robots and cars, as well as new gaming chips dominated Nvidia CEO Jensen Huang’s keynote speech at the CES 2025 conference on Monday...