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 ...
NHTSA deepens probe into Tesla's driver-assistance system
March 19 : The U.S. auto safety regulator has deepened a probe into Tesla's driver-assistance system to evaluate its effectiveness in identifying degraded road conditions after nine crashes linked to the technology including one that was fatal. The probe covers roughly 3.2 million vehicles, acr ...
US auto safety regulator opens probe into Tesla vehicles with FSD
March 19 : The National Highway Traffic Safety Administration opened an engineering analysis on 3.2 million Tesla vehicles in the U.S., equipped with Full-Self Driving, the U.S. auto safety regulator said on Thursday.
Hegseth wants Pentagon to dump Anthropic's Claude, but military users say it's not so easy
Pentagon staffers, former officials and IT contractors who work closely with the US military say they are reluctant to give up Anthropic’s AI tools, which they view as superior to alternatives, despite orders to remove them. After a dispute between Anthropic and the Pentagon over guardrails for ho ...
UOB CEO Wee Ee Cheong’s FY2025 pay down 20% at S$12 million, in line with profit drop
Renald Yeo - It is primarily made up of S$1.4 million in base salary and S$10.6 million in bonuses
UOB CEO Wee Ee Cheong’s FY2025 pay down 20% to S$12 million
Renald Yeo - It is primarily composed of S$1.4 million in base salary and S$10.6 million in bonuses
S’pore private residential market to remain resilient despite Mideast tensions: HSBC
Jovi Ho - Despite rising tensions in the Middle East, Singapore’s private residential market is expected to remain resilient, supported by owner-occupiers who contribute to the bulk of demand, say HSBC Global Investment Research analysts Rayson Khoo and Joy Wang. During periods of global uncertainty, local ...
Paris appeals court rejects government's request for suspension of Shein's marketplace
PARIS, March 19 : A Paris Court of Appeal on Thursday rejected the French government's request to suspend Chinese online platform Shein's marketplace, defeating an appeal by the state after a Paris court ruled against the government in December. Shein has been embroiled in a scandal since ...
Indonesia’s richest man, Djarum co-owner Michael Bambang Hartono, dies aged 86
Elisa Valenta - The tycoon had an estimated net worth of US$17.5 billion
Micron shares slip as hefty spending plans eclipse strong AI-fueled earnings
March 19 : Micron's shares dropped more than 4 per cent before the bell on Thursday, as the chipmaker's plans for heftier capex spending unnerved investors, taking the shine off another round of AI-fueled blockbuster quarterly earnings.Micron, whose shares have climbed more than 61 per cen ...
Singapore-based Crypto.com lays off 12% of staff, third cut in four years
The hardest hit departments include growth and customer relationship management
From chemical producers to sento baths, Japan feels the heat from Middle East supply crisis
TOKYO, March 19 : Japanese companies, from steel producers to chemical firms and even sento baths, are feeling the heat from reduced Middle East energy supplies, even as the government tapped stockpiles for a record oil release to soften the blow. Japan relies on the Middle East for around 90 per ce ...
Samsung Life to divest 1.3 trln won worth of Samsung Electronics' shares
SEOUL, March 19 : Samsung Life said in a corporate filing on Thursday that the company will divest 1.3 trillion won ($867.07 million)worth of its stake in Samsung Electronics.The decision is part of efforts to resolve risks from a local regulation on the governance of finance companies, it said. ($1 ...
UOB banks on stable renminbi as it plans 5 billion yuan Panda bond
The lender remains the only Singaporean bank in the Panda bond market
Taiwan central bank raises growth outlook, sees war impact on inflation
TAIPEI, March 19 : Taiwan's central bank on Thursday raised its growth outlook substantially for the year thanks to booming tech exports, but it also raised its inflation forecast, citing the impact of the war in the Middle East, and kept interest rates unchanged as expected. The central bank l ...
Taiwan central bank leaves key rate unchanged, raises growth outlook
TAIPEI, March 19 : Taiwan's central bank on Thursday raised its growth outlook substantially for the year thanks to booming tech exports, but it also raised its inflation forecast, citing the impact of the war in the Middle East, and kept interest rates unchanged as expected. The central bank l ...
Philippine jeepney drivers protest as rising fuel prices cut their pay
MANILA, March 19 : The ripple effects of the war in the Middle East are hitting home hard for Philippine jeepney driver Toni Prado, whose daily earnings have been gutted by soaring fuel prices.He was one of thousands of jeepney drivers who took to the streets across the country on Thursday to protes ...
Two-thirds of Singapore insurance asset managers plan to outsource fund management: survey
Therese Soh - Respondents from the city-state also say they aim to increase their allocations to private markets
Musk says Tesla may 'tape out' next-generation AI6 chips in December
SEOUL, March 19 : Tesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a factory for production, its next-generation AI6 chips in December. Musk said last year that Samsung Electronics would make the AI6 chip ...
