The Sen in Upper Bukit Timah sells 23% of units at launch weekend at average S$2,358 psf
Paige Lim - While sales were measured compared to recent launches, developer Sustained Land remains encouraged by the ‘healthy interest’ in key unit types
Samsung Electronics to add chip production line as demand rises
SEOUL: Samsung Electronics will add a chip production line at its plant in the South Korean city of Pyeongtaek to meet rising demand from the global boom in artificial intelligence, the company said on Sunday.Mass production will begin in 2028, the South Korean chipmaker said, adding that it also pl ...
Luxury condo sales rebound to levels before 2023 ABSD hike, buoyed by PR, Singaporean buying
Jessie Lim - Market watchers observe revived interest but hesitate to call it a recovery as foreign buying still largely shut out
Hyundai Motor announces $86 billion investment in South Korea after US trade deal
SEOUL :Hyundai Motor Group will invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, the automaker said on Sunday after Seoul finalised a trade deal reducing U.S. tariffs on South Korean autos to 15 per cent from 25 per cent. That compares with investments by Hyundai Motor an ...
Hyundai Motor announces US$86 billion investment in South Korea after US trade deal
SEOUL: Hyundai Motor Group will invest 125.2 trillion won (US$86.47 billion) in South Korea from 2026 to 2030, the automaker said on Sunday after Seoul finalised a trade deal reducing US tariffs on South Korean autos to 15 per cent from 25 per cent.That compares with investments by Hyundai Motor and ...
Zixin 1HFY2026 earnings double to RMB16.06 mil
The Edge Singapore - Zixin Group Holdings has reported earnings of RMB16.06 million for its 1HFY2026, double that of the year earlier period ended Sept. Revenue jumped by 40.8% y-o-y to RMB220.6 million. The company, which processes sweet potato into foodstuffs, attributes the increase in both revenue and net profit to ...
Zixin 1HFY2026 earnings double to RMB16.06 million
The Edge Singapore - Zixin Group Holdings has reported earnings of RMB16.06 million for its 1HFY2026, double that of the year earlier period ended Sept. Revenue jumped by 40.8% y-o-y to RMB220.6 million. The company, which processes sweet potato into foodstuffs, attributes the increase in both revenue and net profit to ...
As S-E Asia’s EV plans accelerate, consumer realities pose a bumpy road
Kimberly Wee SP - Governments across South-east Asia have set ambitious EV targets.
Affordable EVs have landed in Malaysia, but the country still trails Asean peers
Tan Ai Leng - Analysts do not expect it to catch up in the short term
Tan Kok Huat, CEO of Reclaims Global, boosts stake
Financial services and telecommunications booked the most net institutional inflow for the week of Nov 7 to 13
Vietnam’s EV boom: VinFast buys first, mass adoption follows
Jamille Tran - Domestic brands lead Vietnam’s EV market despite intense competition and limited government incentives
Tesla requires suppliers to avoid China-made parts for US cars: Report
Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the Wall Street Journal reported on Friday (Nov 14).The Elon Musk-led automaker and its suppliers have already replaced some China-made components and aim to switch all other ...
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for infringing a patent...
US jury says Apple must pay Masimo $634 million in smartwatch patent case
A federal jury in California said on Friday that Apple owes medical-monitoring technology company Masimo $634 million for infringing a patent covering blood-oxygen reading technology.The jury agreed with Masimo that the Apple Watch's workout mode and heart rate notification features violated M ...
Latest AI app swaps influencers for avatars – and brands want in
Topview is one of a few up-and-coming platforms focused on AI-generated videos
Apple intensifies succession planning for CEO Tim Cook, FT reports
Apple is stepping up its succession planning efforts as it prepares for Tim Cook to step down as chief executive of the tech giant as soon as next year, the Financial Times reported on Friday.John Ternus, Apple's senior vice president of hardware engineering, is widely seen as Cook's most ...
Buffett acquires US$4.9 billion stake in Google parent Alphabet
WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further trimming its holdings in...
Indonesia’s rupiah reform: Will it make my Bali holiday more expensive?
Therese Soh - Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation
Warburg, Permira in talks to buy Clearwater Analytics, source says
Global private equity firms Warburg Pincus and Permira are in talks to buy investment and accounting software maker Clearwater Analytics, a source familiar with the matter told Reuters on Friday. Boise, Idaho-based Clearwater makes software that helps companies manage their investment portfolios. A ...
The reasons for ‘unrational’ negative enterprise value stocks in exchanges
Tong Kooi Ong + Asia Analytica - Capital markets are generally efficient, and investors as a whole are not stupid — that is, there is wisdom of the crowd. This is particularly so in today’s digital age where access to low-latency data has substantially levelled the playing field. Gone are the days where investing was driven by ...
Musk's Grokipedia leans on 'questionable' sources, study says
ELON Musk’s Grokipedia carries thousands of citations to “questionable” and “problematic” sources, US researchers said Friday (Nov 14), raising doubts about the...
Google ad tech antitrust trial closing arguments moved back
WASHINGTON :A final plea by Alphabet's Google to avoid a breakup of its advertising technology business in a U.S. court has been moved to November 21, the court said.Closing arguments for the Google trial were previously scheduled for Wednesday, according to a notice from U.S. District Court Ju ...
Google plans US$40 billion Texas data centre investment amid AI boom
ALPHABET’S Google will invest US$40 billion in three new data centres in Texas, as part of its push to expand capacity for...
Google plans US$40 billion Texas data center investment amid AI boom
ALPHABET’S Google said on Friday (Nov 14) it would invest US$40 billion in three new data centers in Texas, as part of...
US: Wall Street ends mixed; traders look to Nvidia report
WALL Street stocks ended mixed on Friday (Nov 14) as investors looked ahead to Nvidia’s quarterly results next week and worried that...
Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack
[HOUSTON] Oil prices settled more than 2 per cent higher on Friday (Nov 14) as Russia’s port of Novorossiisk halted oil exports...
Commentary: AI bubble trouble talk is overblown
For the foreseeable future, the market is facing a shortage of capacity – hardly the conditions that spell imminent disaster, says Richard Waters for Financial Times.
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate cut, even...
Berkshire reveals new $4.3 billion Alphabet stake, sells more Apple
Berkshire Hathaway revealed a $4.3 billion stake in Google parent Alphabet and further reduced its stake in Apple, detailing its equity portfolio for the last time before Warren Buffett ends his 60-year run as chief executive officer.In a filing on Friday with the U.S. Securities and Exchange Commis ...
Google to invest $40 billion in new data centers in Texas, Bloomberg News reports
Alphabet's Google will invest $40 billion in three new data centers in Texas through 2027, Bloomberg News reported on Friday.
Google plans $40 billion Texas data center investment amid AI boom
Alphabet's Google said on Friday it would invest $40 billion in three new data centers in Texas, as part of its push to expand capacity for artificial intelligence initiatives.The planned investment, which will be made through 2027, underscores the intensifying competition among AI and cloud se ...
Exclusive-Barrick Mining considers splitting into two entities, sources say
TORONTO -The board of Canada's Barrick Mining has raised the possibility of splitting the company into two separate entities, with one focused on North America and the other centered on Africa and Asia, four sources aware of the development told Reuters.A split could also include the outright s ...
Tiger Global slashes Meta stake by 63%
NEW YORK :Tiger Global Management, the hedge fund founded and led by Chase Coleman, slashed its stake in Facebook parent Meta Platforms during the third quarter, according to a filing released on Friday.During the quarter ended September 30, Tiger Global reduced its holdings in Meta by 62.6 per cen ...
Oracle bonds sell off as AI investment fuels investor concerns
Oracle Corp bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund its AI infrastructure, according to analysts and investors.Oracle did not immediately respond to a request ...