TSMC plans 3-nanometre chip production in Japan with $17 billion investment, Yomiuri reports
TOKYO, Feb 5 : TSMC plans to mass produce advanced 3-nanometre chips in Kumamoto in southern Japan with investment totalling $17 billion, Japanese newspaper Yomiuri reported on Thursday.Japan's government, which has subsidised Taiwan's leading chipmaker to build out capacity in Kyushu, is ...
SGX H1 profit up 0.8% at S$342.7 million on the back of record half-year revenue
Shikhar Gupta - EPS for the half-year period stands at S$0.32, a slight increase from S$0.318 for H1 FY2025
Aims Apac Reit 9M DPU rises 2.5% to S$0.0725 on higher rental reversions, cost efficiencies
Shikhar Gupta - The distribution will be paid on Mar 26, after the record date on Feb 16
CapitaLand China Trust H2 DPU down 11.7% at S$0.0233 on lower retail, business park revenue
Therese Soh - Full-year DPU of S$0.0482 translates to a 6.2% implied yield, says manager
CapitaLand China Trust H2 DPU down 11.7% at S$0.0233
Therese Soh - Revenue falls year on year to S$144.5 million from S$168.5 million
BYD extends German car sales lead over Tesla with 1,000% surge
Chinese-owned brands MG, Leapmotor and Xpeng have for months expanded in Europe amid a bruising EV price war at home
CLCT reports lower 2HFY2025 DPU of 2.33 cents, full-year DPU of 4.82 cents
The Edge Singapore - CapitaLand China Trust (CLCT) has reported distribution per unit (DPU) of 2.33 cents for its 2HFY2025 ended Dec 31, 2025, down 11.7% y-o-y. This brings its payout for the whole of FY2025 to 4.82 cents, down from 5.65 cents in FY2024. Net property income in 2HFY2025 dropped to $94.4 million from $108 ...
AIMS APAC REIT reports 2.5% y-o-y rise in DPU for nine months to Dec 31
The Edge Singapore - AIMS APAC REIT reported a 2.5% y-o-y rise in distribution per unit to 7.25 cents for the nine months to Dec 31, 2025. Distributable income rose by 3.1% to $59.3 million. Net Property Income (NPI) increased by 4.1% y-o-y $103.7 million, underpinned by higher rental reversion and lower property expens ...
Samsung opens 'Samsung House' in Milan ahead of Milano Cortina Games
MILAN, Feb 4 : Samsung Electronics opened its first "Samsung House" at Milan's historic Palazzo Serbelloni on Wednesday night, as the longtime Olympic sponsor seeks to raise its profile at the Milano Cortina Winter Games. The South Korean tech giant said it will also revive its " ...
SGX 1HFY2026 adjusted earnings up 11.6% to $357.1 mil
The Edge Singapore - SGX Group has reported earnings of $342.7 million for its 1HFY2026 ended Dec, comparable to the year-earlier period. However, adjusted net profit after tax was up 11.6% y-o-y to $357.1 million. According to SGX, this adjusted line excludes certain non-cash and non-recurring items that have less bear ...
Operationalising business trust: Why Singapore must move now
By investing in digital infrastructure and enterprise resilience, Budget 2026 can transform the Republic’s trust premium into a lasting competitive advantage
Illinois man admits to hacking Snapchat accounts to steal nude photos
BOSTON, Feb 4 : An Illinois man pleaded guilty on Wednesday to phishing the Snapchat access codes of nearly 600 women in order to hack their accounts and steal nude photos, which he kept, sold or traded on the internet.Kyle Svara, 26, pleaded guilty in federal court in Boston to charges including co ...
Google parent Alphabet says it could double capital spending in 2026
The big cloud companies are expected to collectively shell out more than US$500 billion on AI this year
Jeff Bezos's Washington Post guts staff, shrinks news coverage
Feb 4 : The Washington Post, owned by Amazon.com founder Jeff Bezos, began widespread layoffs on Wednesday that will drastically shrink the size of the storied newspaper and affect all departments, according to a recording of a company-wide call shared with Reuters.The cuts will impact a third of al ...
Verizon Wireless sues T-Mobile, alleges false advertising
NEW YORK, Feb 4 : Verizon Wireless sued T-Mobile on Wednesday, accusing its largest rival of false advertising and causing irreparable harm by promising consumers more than $1,000 of annual savings if they switch cellphone carriers.According to a complaint filed in Manhattan federal court, T-Mobile ...
Oil prices climb 3% as market awaits US-Iran talks
Opec members Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq export most of their crude via the Strait of Hormuz,...
Wall Street ends down as AI worries slam tech stocks
The S&P 500 has posted 93 new highs and 23 new lows
Commentary: Chinese AI videos used to look fake. Now they are making money
Beijing-based Kuaishou has spent the past year recasting itself as an AI video contender with global ambitions and it is succeeding, says Catherine Thorbecke for Bloomberg Opinion.
European stocks close at record high even as tech, healthcare drag
Denmark’s stock index has slid 6.7%, marking its steepest one-day fall since July 2025
Snap reports upbeat revenue as holiday season fuels ad sales
Feb 4 : Snap beat Wall Street estimates for fourth-quarter revenue, as more advertisers turned to the social media platform during the holiday season, sending its shares up over 2 per cent in extended trading.The Snapchat-parent said total active advertisers on the platform rose 28 per cent in the f ...
Snap reports upbeat fourth-quarter revenue as holiday season boosts ad spending
Feb 4 : Snap beat Wall Street estimates for fourth-quarter revenue, as more advertisers turned to the social media platform during the holiday season, sending its shares up nearly 6 per cent in extended trading.The Snapchat-parent said total active advertisers on the platform rose 28 per cent in the ...
Arm Holdings shares fall as licensing sales miss estimates
Feb 4 : Shares of Arm Holdings fell on Wednesday as its licensing revenues slightly missed Wall Street estimates, despite a push by the company to boost the segment with new chip technology designs. Shares were down about 8 per cent in after-hours trading.The company forecast fourth-quarter revenue ...
Google parent Alphabet forecasts sharp surge in 2026 capital spending
Feb 4 : Alphabet said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its investments to push ahead in the AI race. Analysts on average had expected Alphabet to spend about ...
Alphabet says capital spending in 2026 could double, cloud business booms
Alphabet said on Wednesday that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the Google parent as it deepens investments to allay constraints on compute capacity and push ahead in the AI race.Alphabet and its Big Tech rivals are expected to col ...
Dip-buyers go missing as software selloff slams stocks
NEW YORK: The software sector's deepening selloff on Wednesday (Feb 4) failed to lure bargain hunters, with the dip-buying reflex that has rescued countless tech routs conspicuously absent.After a broad selloff on Tuesday that saw the S&P 500 software and services index fall nearly 4 per ce ...
Global stock index dips with tech slump while dollar rises, oil rallies
NEW YORK/LONDON, Feb 4 : MSCI's global equities gauge lost ground on Wednesday with technology stocks leading losses on Wall Street, while the dollar rose against Japan's yen and silver outperformed gold following their recent plunge.Oil prices rose sharply for a second consecutive day as ...
Global stock index dips with tech under pressure, dollar higher
NEW YORK/LONDON, Feb 4 : MSCI's global equities gauge lost ground on Wednesday with technology stocks leading losses on Wall Street, while the dollar broadly rose after the latest U.S. economic data and silver outperformed gold following their recent plunge.Oil prices rallied for a second conse ...
Global stock index dips with dollar higher, precious metals mixed
NEW YORK/ LONDON, Feb 4 : MSCI's global equities gauge fell on Wednesday with technology stocks leading losses on Wall Street, while the dollar broadly rose after the latest U.S. economic data and in precious metals silver outperformed gold following a recent plunge.Oil prices were modestly low ...
NFL-Super Bowl prepares for potential AI cybersecurity threat
SANTA CLARA, California, Feb 4 : Before the New England Patriots and Seattle Seahawks face off at Super Bowl LX, Levi’s Stadium needed a tech upgrade package.To equip the venue for Sunday's Super Bowl, the National Football League and the San Francisco 49ers laid down miles of fiber optic cab ...
Roblox launches AI tech that generates functioning models with natural language
Feb 4 : Roblox launched an artificial intelligence technology on Wednesday that can generate fully functioning in-game models using natural language prompts, as the company aggressively pursues machine learning to attract more developers to its videogame platform. The technology, dubbed 4D creation, ...
Startup EnFi raises $15 million to deploy AI credit analyst agents at banks
NEW YORK, Feb 4 : Boston-based startup EnFi is raising $15 million with venture capital funds to increase deployment of artificial intelligence agents that analyze and make decisions on credit applications. The round is led by Fintop, with Patriot Financial Partners, Commerce Ventures, Unusual Vent ...
China’s Xi and Trump talk by phone, hours after Xi spoke to Putin
Trump says the two leaders had ‘a long and thorough call’
Nvidia-rival Cerebras Systems valued at $23.1 billion in latest financing
Feb 4 : AI chipmaker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion, nearly tripling its valuation just over four months after its previous financing. The round was led by Tiger Global. Other investors included Benchmark, Coatue an ...
AI chip maker Cerebras Systems raises $1 billion in late-stage funding
Feb 4 : AI chip maker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion.
