Waymo seeking about $16 billion near $110 billion valuation, Bloomberg News reports
Jan 31 : Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that would value it at nearly $110 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.Reuters could not immediately verify the report.
Bitcoin falls below $80,000, continuing decline
Jan 31 : Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53 per cent at $78,719.63 at 1748 GMT on Saturday.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair ...
SpaceX seeks FCC nod for solar-powered satellite data centers for AI
WASHINGTON, Jan 31 - Elon Musk's SpaceX wants to launch a constellation of 1 million satellites that will orbit Earth and harness the sun to power AI data centers, according to a filing at the Federal Communications Commission.The filing on Friday was posted a day after Reuters exclusivel ...
Nvidia CEO Huang denies he is unhappy with OpenAI, says 'huge' investment planned
TAIPEI, Jan 31 : Nvidia plans to make a "huge" investment into OpenAI, probably its largest ever, CEO Jensen Huang said on Saturday, denying he was unhappy with the ChatGPT maker. The chipmaker in September announced plans to invest up to $100 billion in OpenAI, a deal that would give Open ...
CDL’s freehold Newport Residences sells 56% of units on launch day
Jovi Ho - City Developments’ (CDL) freehold Newport Residences sold 139 of its 246 units on its Jan 31 launch, with sea-facing two-bedroom units fully sold, according to Mark Yip, CEO, Huttons Asia. In addition, “almost all” one-bedroom units facing the sea were snapped up, adds Yip. Around 79% of units ...
Property auction listings reach four-year high in 2025
Jovi Ho - A total of 529 properties were listed for auction in 2025, marking a four-year high for the Singapore property auction market, according to ETC, a member of Realion Group. An increase in the number of mortgagee-sale listings drove the number of overall auctions last year 22.2% higher compared to 202 ...
Toyota to recall over 161,000 US vehicles over rear-view camera display
Jan 31 : Toyota is recalling 161,268 vehicles in the U.S. for a problem with the rear-view camera display when the vehicle is in reverse, the National Highway Traffic Safety Administration said on Saturday.
Market swings in India surge from historic low as budget nears
With the Nifty 50 down more than 3% this year, Indian shares have become some of the world’s worst performers
Apple loses more AI researchers and a Siri executive in latest departures
The company has struggled to keep up with peers in the artificial intelligence race
ExxonMobil, Chevron clock best month since 2022 as crude surges
The robust moves come alongside an upswing in oil prices and a broader rally
Sandisk’s 1,600% rally keeps going after ‘unprecedented’ quarter
Memory and storage companies have historically traded at lower valuations due to their cyclical nature
Mercedes seeks to regain China luxury lead with new S-Class
Germany’s automakers have already lost the battle in the Asian nation on mass-market EVs
Tether’s annual profit drops 23% in midst of fundraising
USDT is the largest stablecoin, with over US$185 billion in circulation
Shorter waits for 1,300 BTO flats on sale in Feb; Tampines project to be ready in less than two years
It is one of the fastest flat completion times since such shorter waiting time projects were introduced in 2018
After EVs, smart driving tech to power China’s auto exports
China exported a record 7.1 million cars in 2025, buoyed by growing demand for new-energy vehicles (NEVs) as the global shift toward...
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforces
Hong Kong port operator violated Panama’s constitution, failed to serve public interest, Panama court ruled
Panama Ports Company is a subsidiary of Hong-Kong based CK Hutchison subsidiary
Nvidia’s plan to invest up to US$100 billion in OpenAI has stalled: report
Big Tech companies and investors such as SoftBank Group are racing to forge partnerships with the ChatGPT maker
Labubu maker Pop Mart sets up London hub for European push
The company will open 27 new stores in Europe in the coming year
Gold and silver plunge as wild swings rock metals markets
Bullion’s slide may have been accelerated by a so-called gamma squeeze
WTO panel backs China in case against US clean energy subsidies
The panel’s report recommended the United States withdraw the measures under the Inflation Reduction Act by Oct 1, 2026
US judge signals Musk's xAI may lose lawsuit accusing Altman's OpenAI of stealing trade secrets
Jan 30 : A federal judge signaled on Friday she may dismiss a lawsuit by Elon Musk's artificial intelligence startup xAI accusing Sam Altman's rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology.U.S. District Judge Rita Lin in San Francisco said h ...
SpaceX generated about US$8 billion in profit last year ahead of IPO: sources
Musk expects Starship to start launching payloads into space this year
Leveraging AI for SME growth, strengthening ESG readiness, among CPA Australia’s Budget wishlist
Nicklaus Wee - Budget 2026 comes at a pivotal time for Singapore. Global uncertainty continues to reshape the way businesses operate, with rising geopolitical tensions, supply chain disruptions and slower global growth affecting confidence. Domestically, households, like in many other countries, remain concerned a ...
Exclusive-Saks ending e-commerce partnership with Amazon, source says
NEW YORK, Jan 30 : Bankrupt retailer Saks Global is ending its "Saks on Amazon" partnership with e-commerce giant Amazon.com, a source with direct knowledge of the decision said on Friday.The partnership was already in dire straits when Saks filed for bankruptcy earlier this month, but the ...
Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Jan 30 : Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday, citing people familiar with the matter. Re ...
The case for AI sovereignty: Why, what and how
Tong Kooi Ong + Asia Analytica - Today, the question is no longer whether artificial intelligence (AI) will be adopted. Like electricity or the internet, its diffusion is all but inevitable. Even in its formative stage, AI is already reshaping modern life: disrupting industries, challenging existing economic and social structures, ...
Gold, silver prices tumble as investors soothed by Trump Fed pick
Gold fell as much as 12 per cent at one point, retreating below US$5,000 an ounce after hitting a record high near US$5,600 a day earlier.
Hong Kong port operator violated Panama's constitution, failed to serve public interest, Panama court ruled
PANAMA CITY, Jan 30 : The Supreme Court of Panama said a contract held by a Hong Kong company to operate ports at the Panama Canal failed to “serve the public interest and social welfare,” in its decision on Thursday voiding the contracts. While the court announced the decision on Thursday, it h ...
Oil hovers near six-month high as investors track US-Iran tensions
A stronger US dollar can limit demand from oil buyers paying in other currencies
Analysis:Combining SpaceX with xAI may be simple for Musk Inc, but Tesla isn't so easy
Jan 30 : Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world's richest man. But with SpaceX expected to go public later this year, and Tesla facing a challenging transition from human-driven EVs to robotaxis and robots, even some proponent ...
US stocks fall, as investors fret over Trump’s Fed nominee, earnings, inflation
Warsh is expected to favour lower interest rates
Google defeats bid for billions of dollars of new penalties in US privacy class action
Jan 30 : Alphabet's Google persuaded a federal judge in San Francisco on Friday to reject a bid by consumers for more than $2 billion in penalties over the company’s past collection of data from users who had switched off a key privacy setting.Chief U.S. District Judge Richard Seeborg denied ...
European shares cap strong January with earnings-fuelled gains
With the European Central Bank staying put on monetary policy, greater focus is on the US Fed’s outlook on interest rates
