India's proposal to preload national ID app Aadhaar on phones faced pushback
NEW DELHI, March 19 : India's government privately proposed in January that firms like Apple, Samsung and Google consider pre-installing its biometric identification app Aadhaar on phones, a move opposed by a group representing the smartphone giants, industry letters show.The tussle over preloa ...
Exclusive-India's proposal to preload national ID app Aadhaar on phones faced pushback
NEW DELHI, March 19 : India's government privately proposed in January that firms like Apple, Samsung and Google consider pre-installing its biometric identification app Aadhaar on phones, a move opposed by a group representing the smartphone giants, industry letters show.The tussle over preloa ...
Wall St opens lower as oil prices gain
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 19) as crude prices soared on intensifying Middle East hostilities, reviving...
Google expands utility deals to curb data‑center power use during peak demand
NEW YORK, March 19 : Google has signed agreements with five U.S. electric utilities in states from Arkansas to Minnesota to curtail its electricity use during periods of peak demand, the company said on Thursday, in its latest effort to secure power for fast‑growing data centers amid slow addition ...
ECB keeps rates on hold as Iran war clouds outlook
It’s monitoring the war and its impact on inflation, both including and excluding energy prices, and growth
Paris appeals court rejects France’s attempt to suspend Shein’s marketplace
The French state had found obscene dolls and banned weapons for sale on the retailer’s website
UOB reiterates Asean growth ambition in decade ahead
The Edge Singapore - United Overseas Bank has reiterated its Asean growth ambition, putting this region as one of its priorities in the decade ahead. "We will strengthen our position as the leading trade bank in Asean, build a profitable and scalable consumer franchise and deliver sustainable returns through cycles ...
Some sea carriers are imposing fuel surcharge for road transport
Tay Peck Gek - Meanwhile, others are hiking existing fees
Maersk, Hapag-Lloyd, Japan’s Ocean Network slapping on fuel surcharge for road transport
Tay Peck Gek - Inland part of intermodal freight covers all transport over land using modes such as trucks, and is typically bundled with ocean freight
Uber to invest US$1.3 billion in EV-maker Rivian as part of robotaxi deal
The ride-hailing company will initially invest US$300 million and fund the remaining amount until 2031
Xiaomi to invest at least $8.7 billion in AI over next three years, CEO says
BEIJING, March 19 : Xiaomi will invest at least 60 billion yuan ($8.70 billion) in artificial intelligence over next three years, CEO Lei Jun said on Thursday.His comment comes as the company announced its latest AI model called MiMo-V2-Pro.($1 = 6.8998 Chinese yuan renminbi)
Italian court scraps 15-million-euro privacy watchdog fine on ChatGPT-maker OpenAI
Top Ikea retailer to cut 800 office jobs
This affected jobs across the group, mainly in Sweden and at the headquarters in the Netherlands
Legal data company Relativity confidentially files for US IPO
March 19 : Legal data company Relativity said on Thursday it had confidentially filed for an initial public offering in the U.S.The number of shares to be offered and the price range for the proposed offering have not been determined.Chicago-based Relativity develops cloud-based software using AI to ...
BOE ‘stands ready to act’ as it unanimously votes to hold rates
It has voted to leave rates unchanged at 3.75%
Samsung aims to invest record US$73 billion on AI chip thrust
It is attempting to retake the lead from SK Hynix
Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal
SAN FRANCISCO, March 19 : Uber will invest up to $1.25 billion in electric vehicle maker Rivian as part of a deal in which the ride-hailing firm will start deploying 10,000 fully autonomous R2 SUVs as robotaxis from 2028, the companies said on Thursday.Rivian's shares rose about 9 per cent in p ...
AI push faces a two-speed reality
Nurdianah Md Nur - Budget 2026 placed AI at the centre of Singapore’s growth agenda. Prime Minister and Finance Minister Lawrence Wong described AI as a “decisive factor for success” and said Singapore’s edge lies in deploying it “effectively, responsibly, and at speed.” While the policy direction is clear ...
Choo Chiang applies to move listing from Catalist to Mainboard
The Edge Singapore - Choo Chiang Holdings, quoted on the Catalist since July 2015, plans to transfer its listing to the Mainboard. It has on March 18 made an application to the exchange to do so. "The board is of the view that a listing on the Mainboard would be in line with the group’s long- term strategy and a ...
Singapore embraces the AI revolution
Kwan Wei Kevin Tan - The city-state is investing billions of dollars to develop AI computing resources, transform sectors of its economy and reskill workers Singapore rarely leaves goals like economic growth to chance. The city-state’s policymakers are known for taking a proactive approach to achieving its economic ob ...
Co-working with AI
Kwan Wei Kevin Tan - AI isn’t replacing jobs — it’s changing the way companies value skills and hire, says HRnetGroup’s Adeline Sim AI hasn’t dampened hiring so much as it has made companies more selective, says Adeline Sim, chief corporate officer and executive director of HRnetGroup (SGX: CHZ ) , a Mainboard ...
Jack Ma-backed Ant’s profit falls 91% on AI spending, fair value
The firm invests in AI to drive a new growth chapter after a regulatory crackdown ended two years ago
Jack Ma-backed Ant’s profit fell 91% on AI spending, fair value
The firm invests in AI to drive a new growth chapter after a regulatory crackdown ended two years ago
UK regulator probes Photoshop maker Adobe over cancellation fee concerns
LONDON, March 19 : Britain's competition regulator has launched an investigation into Photoshop maker Adobe to examine whether its early cancellation fees were unfair and misleading, the watchdog said on Thursday.The Competition and Markets Authority (CMA) will look at whether customers are giv ...
UK regulator probes Adobe over cancellation fees concerns
LONDON, March 19 : Britain's competition regulator has launched an investigation into Photoshop maker Adobe to examine whether its early cancellation fees were unfair and misleading, the watchdog said on Thursday.
Alibaba’s 67% profit plunge shows urgent need to monetise AI
The disappointing results show why the company is driving a major restructuring
UOB’s sustainable financing up 21% to S$70.1 billion
Shikhar Gupta - SMEs drive the increase with S$7.8 billion extended in loans to help them accelerate sustainable business practices
Banks cannot intervene in winding-up bids by 1MDB-linked firms: Singapore High Court
Ry-Anne Lim - They are ruled to have no standing to participate in the process, even though claims may later be brought against them
MSC to buy 50% stake in tanker giant Sinokor, Cypriot filing shows
LONDON, March 19 : Container shipping giant Mediterranean Shipping Company is to buy 50 per cent stake in South Korean shipping firm Sinokor, according to a public filing in Cyprus.After the acquisition MSC will jointly control Sinokor with Mr. Ga-Hyun Chung, who holds the entire share capital of Si ...
Director and company secretary to be charged over suspected involvement in money-laundering activities
Koh Kim Xuan - The fraudulent funds were obtained from investment and inheritance scams against overseas victims
Accenture forecasts quarterly revenue below estimates on cautious enterprise spending
March 19 : Accenture forecast quarterly revenue below estimates on Thursday, as clients remain cautious on spending on large IT transformation projects amid an uncertain economic environment.Shares of the Dublin, Ireland-based company were down 3 per cent in premarket trading.The company has been de ...
Swiss watch exports bounce back in February before war in Middle East
They rise 9.2% in February 2026 against February 2025
Singapore stocks fall as Fed holds firm; STI down 0.7%
Young Zhan Heng - Across the broader market, losers beat gainers 427 to 181, after 1.9 billion securities worth S$2.5 billion change hands
US agency upgrades probe into 3.2 million Tesla vehicles over FSD crashes
WASHINGTON, March 19 : The National Highway Traffic Safety Administration on Thursday escalated its probe into 3.2 million Tesla vehicles with Full Self-Driving driver-assistance on concerns the system may fail to detect or warn drivers in poor visibility.NHTSA first opened a preliminary evaluation ...
