Verizon offers $20 credit to customers affected by massive wireless outage
Jan 15 : Verizon Communications said on Thursday it is offering a $20 credit to hundreds of thousands of customers impacted by its 10-hour outage on Wednesday that the U.S. wireless company said was caused by a software issue.Verizon said the issue primarily impacted customers in the northeast, sout ...
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before
Asdew's Wang raises stake in Low Keng Huat to 7.29% with open market buying
The Edge Singapore - Wang Yu Huei, also known as Alan Wang, has emerged as a substantial shareholder of Low Keng Huat (Singapore), which is in the midst of a privatisation offer. Wang, who makes his investments via an entity called Asdew Acquisitions, on Jan 14 paid $33,636,195 for 43,542,000 shares, which works out to ...
Wall Street opens higher as chip stocks shine
[NEW YORK] Wall Street’s main indexes rose at market open on Thursday (Jan 15) after TSMC’s blockbuster quarterly results ignited a rally...
Maersk to return to Red Sea as stability improves in region
The opening of one of the world’s busiest transport bottlenecks is set to pressure profit margins amid an oversupply of vessels
Consultant warns of speculation risks in red-hot Johor property market
Choy Nyen Yiau & Eng Wen Tzer / The Edge Malaysia - The Johor property market is booming thanks to projects like the Rapid Transit System (RTS) Link and the Johor-Singapore Special Economic Zone (JS-SEZ), but there are risks of over-speculation beyond the areas directly benefiting from them, according to a consultant. Rahim & Co International Pro ...
SiFive to adopt Nvidia technology for speedy links between chips
SAN FRANCISCO, Jan 15 Reuters) - SiFive, which makes blueprints for parts of complex chips, said on Thursday it will become the first maker of RISC-V chip designs to integrate Nvidia technology that creates speedy links between chips.Like SoftBank's Arm Holdings - an industry giant, SiFive prov ...
German AI startup Parloa triples valuation to $3 billion in latest fundraise
Jan 15 : German startup Parloa has raised $350 million in a late-stage round that tripled the valuation of the artificial intelligence-driven customer service platform to $3 billion in less than a year.The Series D round, announced on Thursday, was led by General Catalyst and joined by existing inve ...
Fengshui consultant Joey Yap’s outlook for 2026: Year of the Fire Horse
Jovi Ho - 2025 was a defining year, says Malaysia-born fengshui master Joey Yap. Founder of the Mastery Academy of Chinese Metaphysics and chief consultant of the Joey Yap Consulting Group, Yap says his team called it a “consolidation and build year”. “After several years of rapid expansion, this was th ...
Indonesian tycoon Sukanto Tanoto’s eldest son buying Singapore retail assets: sources
Kalpana Rashiwala - Private vehicle seen linked to Andre Tanoto said to have picked up Lian Beng’s four big HDB units, is in due diligence...
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Chloe Lim - Group is set to release its financial results for the first half-year on or about Feb 12
CapitaLand India Trust wins second hyperscaler agreement for data-centre development
Chloe Lim - The facility has a gross power capacity of 55 MW and is set to be completed by Q4 2026
S’pore office workers want more cafes and networking events
Jovi Ho - Singapore office landlords are expected to help improve employee engagement by providing more on-site lifestyle amenities, according to the results of a recent office worker survey. Some 95% of local office workers surveyed expect on-site F&B, retail and wellness amenities within the building an ...
Lum Chang Holdings, Lum Chang Creations both guide for better 1HFY2026 earnings
Nicole Lim - Construction firm Lum Chang Holdings has guided for a “significant improvement” in net profit for 1HFY2026 ended Dec 31, 2025 as compared to the same period a year ago. This is due to stronger operating performance from the group’s restoration and interior fit-out business. Lum Chang Holdings ...
Lum Chang Holdings guides for “significant improvement” in net profit for 1HFY2026
Nicole Lim - Lum Chang Holdings has guided for a “significant improvement” in net profit for 1HFY2026 ended Dec 31, 2025 as compared to the same period a year ago. This is due to stronger operating performance from the group’s restoration and interior fit-out business. Lum Chang expects to release its full ...
Keppel bags 720 MW power bank for AI data-centre campus near Melbourne
Chloe Lim - The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity
CapitaLand India Trust secures second long-term agreement with hyperscaler for Tower 2 of Mumbai data centre
Nicole Lim - CapitaLand India Trust (CLINT) has secured a second long-term agreement with a leading global hyperscaler for Tower 2 of CapitaLand DC Navi Mumbai in Airoli, Navi, Mumbai. CapitaLand DC Navi Mumbai Tower 2 is a hyper dense facility with a planned IT load of 37 megawatts and gross power capacity of 5 ...
UBS CEO Ermotti underlines his desire for internal successor
The bank is currently putting together the right candidates for the new leadership, he says
Australia social media ban hits 4.7 million teen accounts in first month
The country’s regulator said the measure has had a swift and sweeping impact
AI video startup Higgsfield hits $1.3 billion valuation with latest funding
Jan 15 : AI video generation startup Higgsfield raised $80 million in new funding, valuing the company at over $1.3 billion, it told Reuters, as investors rush to develop the sector amid booming demand for the new technology.The Series A extension round included the participation of Accel, GFT Ventu ...
ASML tops US$500 billion market cap as TSMC plans to spend more
The company is a clear beneficiary of the AI boom
India warns Apple it will proceed with antitrust case after company plays for time
NEW DELHI, Jan 15 : India has issued a final warning to Apple that it will proceed in an antitrust case against the U.S. tech giant as the company has delayed responses to officials for over a year and undermined the investigation, a confidential order shows.Apple has said it fears it could be fined ...
Air India warns of possible disruptions to A350 routes after jet suffers engine damage
Air India operates six Airbus A350s on lucrative routes, including between New Delhi and London, New York and Newark
This stock more than doubled in 2025. Now a family feud may unravel all of Nam Lee’s gains
Jude Chan - Investors should press for answers as a corporate governance nightmare unfolds at the company
A family feud could tear apart one Singapore-listed company’s 108% gain of last year
Jude Chan - Investors should press for answers as a corporate governance nightmare unfolds at Nam Lee Pressed Metal Industries
Philippines to join Indonesia, Malaysia in blocking Grok AI
[MANILA] The Philippines will join Malaysia and Indonesia in blocking Elon Musk’s Grok artificial intelligence chatbot amid growing concerns over sexualized images...
Changi Airport ranks as 4th busiest international airport in 2025: OAG report
Therese Soh - Dubai International Airport keeps its place as the world’s busiest international airport, with a seat volume of 62.4 million
Keppel secures 720MW powerbank capacity for AI data centre campus near Melbourne
Nicole Lim - Keppel has secured a 720 megawatt (MW) powerbank capacity for an AI data centre campus near Melbourne, Australia. This comes together with Keppel’s Connectivity Division securing the rights to lease a 123-hectare contiguous site near Morwell, Victoria, in phases and over time, from Australian ener ...
Spotify to raise monthly subscription price to $12.99 in US and other markets
Jan 15 : Spotify will increase the price of its monthly premium subscription plan by $1 to $12.99 in the United States, Estonia and Latvia markets, the Swedish streaming platform said on Thursday.The company said its new pricing would take effect on consumers' billing dates starting in February ...
Spotify to raise monthly subscription price to $12.99 in select markets
Jan 15 : Spotify said on Thursday it would raise the price of its monthly premium subscription service by $1 to $12.99 for existing subscribers in the United States, Estonia and Latvia markets.Shares of the Swedish streaming giant rose nearly 3 per cent in premarket trading.The company said its new ...
Analysis:US stocks leadership showing signs of broadening beyond tech
NEW YORK, Jan 15 : After years of watching technology stocks drive the U.S. bull market, investors are betting the rally will broaden to industrial, healthcare and small-cap companies, with a chance they can catch up and assert market leadership.Stocks such as Nvidia, Alphabet and Broadcom have buoy ...
Study finds Tyrannosaurus rex did not reach full size until age 40
WASHINGTON, Jan 15 : There is no question that Tyrannosaurus rex got big. In fact, this fearsome dinosaur may have been Earth's most massive land predator of all time. But the question of how quickly T. rex achieved its maximum size has been a matter of debate.A new study examining bone tissue ...
C-REIT market won’t overtake US REITs: CenterSquare Apac head
Jovi Ho - At the start of 4Q2025, Asia Pacific Real Assets Association (Aprea) chairman John Lim called Chinese hospitality assets “the best asset class” in real estate apart from data centres. Speaking to the media on the sidelines of the Asia Pacific Real Assets Leaders’ Congress on Oct 9, Lim said th ...
SIA Group’s passenger traffic up 1.9% in December
Chloe Lim - The group’s two carriers carry around 3.8 million passengers in the period – a new monthly record