France to harness nuclear power for AI data centres, says Macron
PARIS, March 10 : France will be able to open data centres and meet the needs of artificial intelligence thanks to its large energy exports, French President Emmanuel Macron said on Tuesday."In France, last year, we exported 90 terawatt-hours of decarbonized electricity. Thanks to our nuclear p ...
Singapore blue-chips rise 2.2% after Trump says Iran war will end ‘very soon’
Tay Peck Gek - The Straits Times Index is up 104.03 points at 4,860.64
Singapore-based Quest Global invites banks to pitch for US$1 billion India IPO: sources
The IPO is expected to include a mix of primary shares and secondary sales by existing investors
Lego bets on Pokemon, interactive bricks as war threatens higher costs
Toymaker’s CEO says the existing deals it has mean that the effect of rising oil prices is likely to be gradual and...
Volkswagen says to cut 50,000 jobs as profit slides
WOLFSBURG, Germany: Volkswagen said Tuesday (Mar 10) that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016."In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany," Volkswagen CEO Oliver Blume said in a let ...
Schneider Electric backs NUS’ Sustainable Tropical Data Centre Testbed phase 2 on Jurong Island
Nurdianah Md Nur - Schneider Electric Singapore is partnering with the National University of Singapore's (NUS) College of Design and Engineering (CDE) to develop and test data centre technologies suited to Singapore's tightening sustainability requirements. The energy technology company has signed on as the ...
Singapore remains bright spot for Airwallex as revenue doubles in 2025: Apac GM
Benjamin Cher - This is the second year the payments company has experienced a doubling of revenue growth in this market
Singapore remains bright spot for Airwallex as revenue doubles in 2025: Airwallex APAC GM
Benjamin Cher - This is the second year the payments company has experienced a doubling of revenue growth in this market
Having a child can be a financial mistake, but that’s okay
Leslie Yee - The costs of raising kids are high, and parents’ employability may suffer
Aramco sees ‘catastrophic consequences’ for oil markets if Hormuz strait remains blocked
Shipping and insurance disruptions now trigger domino effects across other industries
Aramco sees ‘catastrophic consequences’ for oil if shipping doesn’t resume in Strait of Hormuz
Shipping and insurance disruptions now trigger domino effects across other industries
TSMC sales grow 30% on sustained global demand for AI hardware
Analysts on average expect a 33% increase in the first quarter
German start-up plans 30-megawatt AI data centre in boost to sovereign control
FRANKFURT, March 10 : German start-up Polarise plans to build a new 30-megawatt artificial intelligence data centre that would double Germany's domestically-run computing capacity as European nations push to gain more control over critical tech infrastructure.The facility, set to come online in ...
High-floor freehold strata office unit at Southpoint up for sale at $20.5 mil
Jovi Ho - A premium freehold strata office unit on a “high floor” of Southpoint, located at 200 Cantonment Road, is up for sale at a guide price of $20.5 million. This translates to $3,195 psf based on the existing strata area, says CBRE, the exclusive marketing agent, in a March 10 announcement. Spanning ...
Chinese tech hubs promote OpenClaw AI agent despite security warnings
OpenClaw, an open-source AI assistant that does everything from booking flights to organising email, has gained particular traction in China.
Vast ship clusters, speeding tankers point to Strait of Hormuz jamming amid Iran conflict
The jamming can distort vessels’ reported speeds and locations
Can tapping oil reserves tame the Iran war price shock?
As conflict chokes off oil exports from the Persian Gulf, governments around the world have a critical line of defence against price shocks: Emergency stockpiles such as the US Strategic Petroleum Reserve (SPR), created in t
Senior bankers quit for rivals as Asia talent fight intensifies
The shifts have hit across key coverage groups, from real estate to equity capital markets
Ex-Meta AI chief Yann LeCun's AMI raises $1.03 billion for alternative AI approach
March 10 : Advanced Machine Intelligence, the startup founded by former Meta Platforms chief AI scientist Yann LeCun, said on Tuesday it raised $1.03 billion based on a $3.50 billion pre-money valuation, as it seeks to commercialize artificial intelligence systems built around reasoning, planning an ...
‘Iran conflict impact mixed’: Maybank Securities upgrades Wilmar to ‘buy’ on constructive outlook, despite headwinds
Therese Soh - Expecting the Middle East war to have a ‘mixed’ impact on Wilmar, the brokerage lifts its target price by 23.4%
Bank Indonesia may defend rupiah amid volatile oil, analysts say
The central bank has pledged “firm and consistent interventions” in onshore and offshore foreign-exchange markets to cushion the currency
Apple now makes about 25% of iPhones in India after China pivot
Companies are discussing with New Delhi another round of incentives to support export growth
City Square Mall’s $50 mil AEI adds 26,000 sq ft of GFA; mall records 9.7% rental reversion
Jovi Ho - City Developments’ (CDL) City Square Mall has completed a $50 million asset enhancement initiative (AEI) that lasted nearly 20 months. As part of the AEI, the 12-storey mall has gained approximately 26,000 sq ft of additional gross floor area (GFA) by “decanting facilities” and extending atriu ...
City Square Mall’s $50 mil AEI adds 26,000 sq ft of GFA, records 9.7% rental reversion
Jovi Ho - City Developments’ (CDL) City Square Mall has completed a $50 million asset enhancement initiative (AEI) that lasted nearly 20 months. As part of the AEI, the 12-storey mall has gained approximately 26,000 sq ft of additional gross floor area (GFA) by “decanting facilities” and extending atriu ...
HSBC scraps work from home for client-facing staff in Hong Kong
The new demands come into effect on Apr 1
Mongolia urges Rio Tinto to rewrite terms of Oyu Tolgoi copper mine, FT reports
March 9 : Mongolia is seeking to renegotiate the "unfair" commercial terms of mining giant Rio Tinto's $18 billion Oyu Tolgoi copper mine, the Financial Times reported on Monday. Mongolia's Prime Minister Gombojavyn Zandanshatar warned Rio in a meeting on Monday that the current ...
Three strategic investments for the chief information officers in 2026
Kenny Ng - The promise of artificial intelligence (AI) has catalysed a massive wave of infrastructure investment across Asia, with ICT spending in the Asia Pacific (Apac) region projected to reach USD $1.4 trillion in 2025. However, this rising tide is not lifting all boats. Despite the market buzz, individual ...
Three strategic investments for the chief innovation officers in 2026
Kenny Ng - The promise of artificial intelligence (AI) has catalysed a massive wave of infrastructure investment across Asia, with ICT spending in the Asia Pacific (Apac) region projected to reach USD $1.4 trillion in 2025[1]. However, this rising tide is not lifting all boats. Despite the market buzz, individ ...
Japan’s Takaichi faces fresh scrutiny over BOJ policy stance
The BOJ raised its short-term policy target to a 30-year high of 0.75 per cent in December
Singapore-based Stryv acquires water purifier brand Sterra
Roy Ang believes both companies can hit their goal of achieving an overall nine-figure revenue in 2027
Brazilian payments unicorn Ebanx focuses on Asia-Pacific with upcoming Singapore headquarters
Benjamin Cher - The firm expects total payment volume growth of 30% in the region this year
Payments company Ebanx to set up headquarters in Singapore as it shifts focus to Asia-Pacific
Benjamin Cher - The firm expects total payment volume growth of 30% in the region this year
Asia private credit chases gains as stress mounts for US peers
Broader credit markets have also been shaken by loan blowups in developed economies
Airlines begin to hike fares due to higher fuel prices, shares stabilise
March 10 : Air New Zealand said on Tuesday it has raised fares due to the Middle East conflict and may take further pricing action, underscoring how global airlines will seek to pass on the costs of higher oil prices to passengers. Jet fuel prices, which were around $85 to $90 per barrel prior to th ...
