California to investigate xAI over Grok chatbot images, officials say
Jan 14 : California's governor and attorney general said on Wednesday that they were demanding answers from Elon Musk's xAI after the billionaire said he was not aware of any "naked underage images" generated by its artificial intelligence chatbot, called Grok."We’re deman ...
Musk says he was unaware of Grok generating explicit images of minors
Jan 14 : Elon Musk said on Wednesday he was not aware of any "naked underage images" generated by xAI's Grok chatbot, as scrutiny of the AI tool intensifies worldwide."I not aware of any naked underage images generated by Grok. Literally zero," Musk said in an X post.Musk� ...
Parliament deems Pritam Singh unsuitable to continue as Leader of the Opposition
[SINGAPORE] The House has expressed the view that Workers’ Party chief Pritam Singh is unsuitable to stay on as the Leader of...
Honeywell plans to carve out quantum computing unit Quantinuum via IPO
Jan 14 : Industrial company Honeywell said on Wednesday it plans for its majority-owned quantum computing unit Quantinuum to confidentially file draft initial public offering papers with the U.S. securities regulator.Quantinuum's IPO plans come at a time when companies are exploring ways to dev ...
Baidu is said to explore upgrading HK listing to primary status
This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong
Belgian cybersecurity startup Aikido hits unicorn status with new funding round
STOCKHOLM, Jan 14 - Belgium's Aikido Security has raised $60 million from investors led by tech-focused private equity firm DST Global at a valuation of $1 billion, the cybersecurity startup said on Wednesday, making it among Europe's first new unicorns of 2026. Founded in 2022, Aikido ...
Bank of America profit climbs as trading surges in volatile markets
Its sales and trading revenue rose 10% to US$4.5 billion in Q4
SATS appoints ex-CEO of GXO Logistics Malcolm Wilson as non-executive director
Nicole Lim - SATS has announced changes to the composition of its board with the appointment of Malcolm Wilson as an independent non-executive director of the company with effect from Jan 15. Wilson is currently the executive board member of Dawson Group, a portfolio company of KKR & Co. Prior to his role at ...
Retail traders pile into memory chipmakers as AI boom squeezes supplies, lifts prices
Jan 14 : Retail investors ramped up buying of U.S. memory and data storage chipmakers in January, following 2025's strong momentum on expectations that booming artificial intelligence infrastructure demand will tighten supply and lift prices.An acute global shortage of memory chips is forcing A ...
HSBC considers selling Singapore insurance business: sources
A sale would follow other HSBC disposals in Europe and North America
Advanced Systems Automation makes pre-conditional offer for ASTI Holdings
Nicole Lim - Advanced Systems Automation (ASA) has made a pre-conditional voluntary offer for all the shares in ASTI Holdings, which will only proceed if certain conditions have been satisfied. This includes on or before the long-stop date, if trading in the shares of ASTI is resumed, or the approval of a transf ...
Soilbuild Construction completes proposed one-for-four share split
Nicole Lim - Soilbuild Construction Group has completed the proposed share split of one existing share into four shares. As at 5pm on Jan 14, the company has an issued share capital of $107,867,163.64 comprising 661,864,184 shares, no treasury shares and no subsidiary holdings. The group proposed this one-for-fo ...
CICT to develop, own commercial component of mixed-use Hougang Central site
Chong Xin Wei - The trust gains an ‘attractive entry yield’ with an expected yield on cost of more than 5%
Women's, advocacy groups call on Apple, Google to drop X and Grok from app stores
WASHINGTON, Jan 14 : A coalition of women's groups, tech watchdogs, and progressive activists is calling on Alphabet owner Google and Apple to remove the social media site X and its related chatbot, Grok, from their app stores.In open letters published on Wednesday, the coalition accused the El ...
Infosys raises revenue view, sparks hopes of Indian IT turnaround
BENGALURU, Jan 14 : India's No. 2 software services exporter Infosys unexpectedly raised its revenue forecast on Wednesday and signaled a healthy demand outlook, citing steady discretionary tech spending and renewed momentum in its core financial services business.The forecast lifted its U.S.-l ...
India's Infosys beats Q3 revenue view; ups annual forecast range
BENGALURU, Jan 14 : Infosys reported better-than-expected third-quarter revenue on Wednesday, helped by a pickup in tech demand from its financial services clients.Revenue at India's second-largest IT services provider rose 8.9 per cent to 454.79 billion rupees ($5.04 billion) in the October-De ...
Advanced Systems Automation makes pre-conditional offer for Asti shares
Tan Nai Lun - If the deal materialises, the offeror intends to amalgamate the semiconductor businesses of both companies
Trump’s credit card cap will hurt consumers and economy: JPMorgan
It is a surprise move that has blindsided the industry, and has sent financial banking stocks tumbling
CDL to launch freehold Newport Residences with prices upward of S$3,012 psf
Ry-Anne Lim - The smallest one-bedroom units at the 246-unit CBD project are priced from just under S$1.3 million for long-delayed launch
DBS unlocks S$1 billion in AI value in 2025
Young Zhan Heng - But as Singapore’s lenders seek to ride the wave, agentic artificial intelligence’s rise poses challenges for local banking talent
Consortium comprising UOL Group awarded tender for Hougang Central at tender price of $1.5 bil
Nicole Lim - A consortium comprising UOL Group has been awarded the tender for the integrated residential and commercial site at Hougang at a tender price of $1.5 billion. The consortium, which includes the company’s JV company Horizon Residential (Residential SPV), and a wholly-owned sub-trust of CICT, submit ...
Catalist-aspirant Toku to sell 65 million shares at S$0.25 apiece for its initial public offer
Benjamin Cher - The company will raise net proceeds of S$13.7 million; post-listing, it will execute its expansion plans
Toku seeks brand recognition in fight with giants with Catalist listing
Benjamin Cher - Toku offers 65 million shares at S$0.25 apiece, raising S$16.3 million
CICT to divest Bukit Panjang Plaza for S$428 million
Tan Nai Lun - The sale is being undertaken to optimise the Reit’s portfolio and to give it greater financial flexibility
Bank of Japan puts self-defence ahead of solidarity with Fed’s Powell
BOJ is not immune to the kind of things happening with the Fed
CapitaLand Integrated Commercial Trust to divest Bukit Panjang Plaza for $428 mil
Nicole Lim - CapitaLand Integrated Commercial Trust (CICT) is divesting Bukit Panjang Plaza to an unrelated third party for $428 million. The sale includes 90 strata lots, together with the plant, mechanical and electrical equipment located therein. The net proceeds from the sales will be approximately $421.2 mi ...
Singapore stocks edge up in line with regional rise; STI gains 0.1%
Jude Chan - Across the broader market, advancers outnumber decliners 338 to 214, with 1.7 billion shares worth S$1.6 billion changing hands
Retail investors booked $2.62 bil net inflow into Singapore stocks in 2025 with three banks leading
Nicole Lim - Retail investors booked $2.62 billion of net inflow into Singapore stocks in 2025, bringing net retail inflows for the past 6 years to $17 billion, according to the Singapore Exchange’s market update on Jan 14. DBS Group Holdings (DBS), United Overseas Bank (UOB) and Oversea-Chinese Banking Corpor ...
Japanese yen rebounds from 18-month low against dollar
NEW YORK, Jan 14 : The Japanese yen rebounded from an 18-month low against the dollar on Wednesday as Japanese officials warned of potential intervention to shore up the currency, while the U.S. currency was modestly weaker against the euro as traders continued to evaluate likely Federal Reserve pol ...
Japan yen hits 18-month low; traders weigh up chances of intervention
LONDON, Jan 14 : The yen fell to its weakest level in a year-and-a-half against the dollar on Wednesday on speculation of a snap election that could pave the way for fiscal stimulus, prompting traders to consider the possibility that Japanese officials may step in to prop up the currency.The yen sli ...
Toyota raises offer for Toyota Industries by 15%
The tender price for group firm Toyota Industries was raised to 18,800 yen
China investigates Trip.com over alleged antitrust conduct
Regulator accuses the company of abusing its market position and engaging in monopolistic practices
China’s customs agents are told Nvidia’s H200 chips not permitted: sources
It is unclear whether the directives apply to existing orders for H200 chips, or only to new orders
Toku to raise $16.25 mil via IPO at 25 cents a share
Kwan Wei Kevin Tan - Cloud communications and customer experience platform Toku is seeking to raise $16.25 million via its initial public offering (IPO) placement of 65 million shares at 25 cents a share, the company announced on Jan 14. Toku was founded in 2018 by Thomas Laboulle, an infantry officer who served with th ...
