Thales to supply mine-hunting tech for Singapore Navy's unmanned fleet
Nurdianah Md Nur - Thales has secured a contract from ST Engineering to deliver its Pathmaster mine countermeasures system to the Republic of Singapore Navy (RSN). Pathmaster will be integrated into ST Engineering’s unmanned surface vehicles to help Singapore's navy detect, classify, and localise underwater min ...
Nvidia's Huang sparks 'Jensanity' in Taiwan with AI hero's welcome
TAIPEI: Wherever AI darling Nvidia's CEO Jensen Huang goes in Taiwan, his adoring fans and excited reporters follow, hanging on his every word, arms outstretched as they beseech him to sign books, posters and even baseballs. Huang, born in Taiwan's historic capital of Tainan before migrati ...
Nvidia software aims to create marketplace for AI computing power
SAN FRANCISCO/TAIPEI :Nvidia announced a new software platform on Monday that will create a marketplace for cloud-based artificial intelligence chips.Nvidia's graphics processors, or GPUs, dominate the market for training AI models and a raft of new cloud players called "neoclouds" su ...
Ryanair says tariff war top threat to growth; plans buyback
The carrier operates an all-Boeing fleet and is the US manufacturer’s biggest customer in Europe
Qualcomm to make data center processors that connect to Nvidia chips
SAN FRANCISCO/TAIPEI :Qualcomm on Monday said it will make custom data center central processing units, or CPUs, that use technology from Nvidia to connect to Nvidia's artificial intelligence chips.Nvidia's chips are dominant in the AI market but always paired with CPUs, a market traditio ...
Nvdia CEO unveils new technologies to protect AI chip lead
Ian King and Vlad Savov / Bloomberg - Nvidia Corp unveiled the latest raft of technologies aimed at sustaining the boom in demand for AI computing — and ensuring that its products stay at the centre of the action. Chief Executive Officer Jensen Huang on Monday kicked off Computex in Taiwan, Asia’s biggest electronics forum, touting ...
Analysts say SIA is fairly valued, with several raising target price
Tay Peck Gek - Their projections for FY2026 net profit range from S$900 million to S$1.4 billion
Analysts say SIA is fairly valued, with several adjusting target price
Tay Peck Gek - Their projections for FY2026 net profit range from S$900 million to S$1.4 billion
Analysts stay upbeat on NetLink despite FY2025 earnings dip
Nurdianah Md Nur - Analysts remain moderately optimistic about NetLink NBN Trust even though its FY2025 ebitda declined 1.5% y-o-y to $288.1 million due to lower revenue, lower non-operating income and higher operating expenses. Revenue dipped 1% y-o-y to $407 million due to a drop in ancillary project revenue from fe ...
Nail Palace director fails to get jail term replaced with fine after breaching consumer protection orders
The judge relied on evidence from undercover officers from Singapore's competition and consumer watchdog, who did spot checks on the Nail Palace salons.
RHB keeps ‘neutral’ on Singapore banks, sees uncertainties following ‘decent’ 1QFY2025
Douglas Toh - RHB Bank Singapore (RHB) has maintained its “neutral” call on Singapore banks following what is seen as a “decent” 1QFY2025, with most banks meeting expectations despite sharply lower benchmark rates and a bump up in pre-emptive loan provisioning. “Amid muted earnings and an uncertain macr ...
Xiaomi to invest at least 50 billion yuan in chip design: founder
[BEIJING] Chinese smartphone and electric vehicle maker Xiaomi said on Monday it plans to invest at least 50 billion yuan (S$9 billion) in chip...
Xiaomi to invest at least US$6.9 billion in chip design: founder
[BEIJING] Chinese smartphone and electric vehicle maker Xiaomi plans to invest at least 50 billion yuan (S$9 billion) in chip design over at least...
Nvidia CEO unveils new tech to keep global AI expansion going
The chipmaker is offering a new version of complete computers that it provides to data centre owners
Analysts stay bullish on LHN, eyes unlocking of value with Coliwoo spin-off listing
The Edge Singapore - Analysts from Maybank Securities and PhillipCapital have maintained their respective "buy" calls and target prices on LHN following its 1HFYF2025 numbers that were in line with expectations. For the six months to March 31, LHN reported earnings of $14.1 million, up 8.8% y-o-y, while revenu ...
Two SGX listcos eye investments in Johor-Singapore Special Economic Zone: Maybank
Therese Soh - Thomson Medical and Centurion are among the three Singapore firms that indicated a combined investment interest of up to RM2.35 billion over...
Two SGX listcos eye investments in JS-SEZ: Maybank
Therese Soh - They are among the three Singapore firms that indicated a combined investment interest of up to RM 2.35 billion over the next...
Grand Banks Yachts reports higher revenue for 3QFY2025, but quarterly earnings down y-o-y
Michael Ryan Tan - SGX Mainboard-listed Grand Bank Yachts (GBY) has reported a y-o-y increase in its 3Q FY2025 revenue but earnings in the same period, no thanks to lower margins, dropped 42.8% y-o-y. The group also saw earnings decline on the back of a lower margin sales mix and higher costs associated with product e ...
Alibaba shares slide as AI deal with Apple faces US scrutiny
Even with the latest retreat, shares are up more than 40 per cent this year thanks to the earlier gains
Build more CBD offices; go slow on decentralised offices and CBD homes
Leslie Yee - Follow market preferences to optimise land use
Richest Thai man raises top bank’s stake to be No 3 shareholder
Kasikornbank is the country’s second-biggest lender with total assets of 4.4 trillion baht
Maybank facilitates US$545 mil investments into economic zone
Anisah Shukry / Bloomberg - Malaysia’s largest lender Malayan Banking facilitated as much as MYR2.35 billion (US$545 million or $709.6 million) in client investments into the Johor-Singapore Special Economic Zone (JS-SEZ) as part of efforts to promote the region. Maybank facilitated the submission of letter of intents by Sin ...
Japan’s Yoshinoya bets big on ramen noodles for next phase of expansion
[TOKYO] Japan’s Yoshinoya said on Monday it was betting on ramen noodles for its next phase of growth, looking to turn it...
Xiaomi to invest at least $6.9 billion in chip design, founder says
BEIJING :Chinese smartphone and electric vehicle maker Xiaomi plans to invest at least 50 billion yuan ($6.93 billion) in chip design over at least 10 years starting from 2021, its founder Lei Jun said on Monday in a post on social media platform Weibo.Xiaomi has invested 13.5 billion yuan to self-d ...
China's Xiaomi to invest nearly US$7 billion in chips
The company is also set to launch its highly anticipated YU7 electric sports utility vehicle on Thursday (May 22).
Japan's Yoshinoya bets big on ramen noodles for next phase of expansion
TOKYO :Japan's Yoshinoya said on Monday it was betting on ramen noodles for its next phase of growth, looking to turn it into a third business pillar along with 'gyudon' beef bowls and udon noodles.Announcing a growth plan for the next five years, the fast-food chain operator best kno ...
Bank of Japan to keep hiking rates if economy rebounds from tariff hit: deputy governor
[TOKYO] The Bank of Japan will continue to raise interest rates if the economy rebounds from an expected hit from higher US...
Indonesia wages war on extortion that threatens to derail investor confidence
Elisa Valenta - A recent scandal has made headlines nationwide, targeting new investment project operated by a business unit of Chandra Asri
Indonesia wages war on extortion threatening to derail investor confidence
Elisa Valenta - A recent scandal has made headlines nationwide, targeting new investment project operated by a business unit of Chandra Asri
Chinese trader who made US$1.5 billion on gold builds a giant bet on copper
Plastics billionaire Bian Ximing is all in on the red metal
Nvidia in advanced talks to invest in PsiQuantum, The Information reports
Nvidia is in advanced talks to invest in quantum computing startup PsiQuantum, The Information reported on Sunday.Reuters could not immediately confirm the report. Nvidia declined to comment on the report, while PsiQuantum did not immediately respond to a Reuters request for comment.Reuters repo
How tech is reshaping Singapore’s built environment industry
Nurdianah Md Nur - Singapore’s built environment industry is a critical engine of its economy. Beyond constructing the homes, workplaces, and infrastructure that underpin daily life, the sector contributes about 3% to 5% of Singapore’s GDP annually. Recognising its pivotal role in the nation’s progress, Singapor ...
Singapore remisiers stay relevant by adding wealth management and other financial services
An individual can be both a remisier and a financial adviser if he has the necessary qualifications and licences
Convergence of financial services presents opportunities for remisiers in S’pore, say market watchers
An individual can be both a remisier and a financial adviser if he has the necessary qualifications and licences
