China trade corridor a good foundation to do more, as bilateral cooperation not sure ‘win-wins’: SM Lee
Tan Weizhen - He adds trade is now mixed up with security and rivalry considerations, among others, with more effort needed for positive outcomes
Sembcorp, Digital Reef announce phase 1 of 280 MW UK data centre
Evan See - The project is expected to begin construction this year at Wilton, a leading industrial site
Saudi Arabia's Humain picks Goldman Sachs to advise on data centre financing, sources say
DUBAI, May 19 : Saudi Arabia-backed artificial intelligence company Humain has picked Goldman Sachs to advise on a financing package to build data centres in the kingdom that could be worth at least 20 billion riyals, two sources with knowledge of the matter told Reuters, as the firm races to expand ...
Delfi reports lower EBITDA of US$16.8 mil for 1QFY2026; net sales up 6.2% y-o-y to US$159.1 mil in the quarter
Teo Zheng Long - Delfi Limited (SGX: P34 ) has reported an EBITDA of US$16.8 million ($21.6 million) for 1QFY2026 ended March 31, which is a decline of 0.8% y-o-y due to lower gross profit margin and slightly higher operating costs. The group’s net sales for 1QFY2026 increased 6.2% y-o-y to US$159.1 million, mainl ...
S&P 500 and Nasdaq open lower as chip stocks drag, inflation fears persist
[NEW YORK] The S&P 500 and the Nasdaq opened lower on Tuesday (May 19), pressured by a selloff in heavyweight chip stocks...
Nissan eyes exporting Chinese-made electric cars to Canada
NISSAN Motor is considering exporting cars built at a joint venture with its Chinese partner to Canada, which is opening up its market...
Microsoft's biggest India data center on track to go live in mid-2026, executive says
May 19 : Microsoft's biggest data center in India is on track to open by mid-2026, its country head said on Tuesday, as the tech giant spends heavily to bolster its position in one of the world's largest markets for artificial intelligence services.There's "massive demand" f ...
The Rockefeller Foundation and Temasek Trust announce Global Coalition for Nuclear Philanthropy
The Edge Singapore - The Rockefeller Foundation and Temasek Trust have, on May 19, announced the launch of the Global Coalition for Nuclear Philanthropy (GCNP), a collaborative initiative to deploy philanthropic capital to support nuclear energy as a driver for clean energy security, economic growth, energy abundance an ...
Goldman Sachs targets ‘huge opportunity’ despite Iran shock
GOLDMAN Sachs Group’s international co-heads say the turbulent start to the year has done little to deter clients, underscoring Wall Street’s bullish...
Sembcorp announces Phase 1 of Wilton International Data Centre
The Edge Singapore - Sembcorp Energy UK has announced a joint development agreement to deliver Phase 1 of a new data centre development at its Wilton International site in Teesside, in partnership with data centre and digital infrastructure specialist Digital Reef. A planning application has been submitted for the initi ...
Workday to keep expanding Indian workforce, deepen AI investments, executive says
BENGALURU, May 19 : Workday would sustain the pace of workforce expansion in India, a top executive said on Tuesday, as the human resources and enterprise software maker deepens investments in artificial intelligence and opens new offices.India is home to more than half of all global capability cent ...
Singapore stocks end higher amid mixed regional showing; STI up 1.5%
Shikhar Gupta - City Developments leads gainers on the blue chip index
Indonesia plans to tighten state control over commodity exports
The rupiah reached a record low against the dollar this week
SQ321 final report: A timeline of the 2024 turbulence incident
Therese Soh - The aircraft ran into ‘sudden extreme turbulence’, leaving dozens injured and one dead
Fatal SQ321 flight: A timeline of the 2024 turbulence incident
Therese Soh - The incident, which occurred on May 21, 2024, left dozens injured and one dead
Fatal SQ321 flight: a timeline
Therese Soh - The incident, which occurred on May 21, 2024, left dozens injured and one dead
Nuclear power: Singapore to undertake IAEA review on decision-making ability
Sharanya Pillai - Safety will always be the ‘overriding’ priority in Singapore’s consideration of nuclear power, says PM Wong
Robotic hand maker Linkerbot is said to consider Hong Kong IPO
It said in February it completed a 1.5 billion yuan Series B fundraising round
Dexterous robotic hand maker Linkerbot is said to consider Hong Kong IPO
It said in February it completed a 1.5 billion yuan (S$282 million) Series B fundraising round
Singapore’s first National Adaptation Plan to help firms assess climate risks: Grace Fu
Low Youjin - It will also focus on identifying gaps in the country’s climate resilience efforts, says the minister
Singapore’s first climate adaptation plan to offer climate risk ‘checklist’ for businesses: Grace Fu
Low Youjin - It will identify gaps in national resilience efforts, help firms assess risks across operations
Coach owner Tapestry targets international markets for 70% of growth
[FASANO, Italy] Tapestry expects about 70 per cent of its growth over the next few years to come from international markets, with...
Delfi’s Q1 Ebitda slips 0.8% to US$16.8 million despite higher sales
Evan See - The group expects the Middle East conflict to exert upward pressure on some operating costs
India to monitor Boeing fuel-switch test tied to Air India London incident, documents show
NEW DELHI: Indian air safety officials plan to travel to Seattle to observe Boeing's testing of a fuel-control switch panel that was removed from an Air India 787 in February after the pilots on a London-Bengaluru flight flagged a possible defect, according to documents seen by Reuters.The test ...
ASML says first chips from new High-NA machines to arrive in months
ANTWERP, May 19 () - ASML expects to see the first products created on the company's new High-NA machines within months, the chief executive of the world's top computer chip equipment maker, Christophe Fouquet, said on Tuesday.Speaking at a conference in Belgium, Fouquet said he expects th ...
Maybank Securities upgrades Thai Beverage on attractive valuations and cyclical recovery
The Edge Singapore - Citing signs of a cyclical recovery, Hussaini Saifee of Maybank Securities has turned more bullish on Thai Beverage after the alcohol giant's 2QFY2026 results, with call upgraded from "hold" to "buy". He observes that spirits revenue was up 1.3% y-o-y and net profit up 6.4% ...
Yangzijiang Shipbuilding year-to-date orders sail past US$1.03 billion, pushing total order book to US$22.3 billion
Evan See - The company has set a target of US$4.5 billion order wins for FY2026
Yangzijiang Shipbuilding year to date order wins hit US$1.03 billion, outstanding order book reaches US$22.3 billion
Evan See - The company has set a target of US$4.5 billion order wins for FY2026
Yangzijiang Shipbuilding YTD order wins hit US$1.03 billion, outstanding orderbook reaches US$22.3 billion
Evan See - The company has set a target of US$4.5 billion order wins for FY2026
Explainer-What are Samsung union workers demanding and how might a strike play out?
SEOUL, May 19 : South Korean memory chip maker Samsung Electronics is facing its worst-ever strike, with nearly 48,000 workers threatening to walk off production lines on Thursday for 18 days over a dispute about bonus payouts. Here are key things to know:WHAT DOES SAMSUNG'S UNION WANT?Samsung& ...
Musk's failed court attack on OpenAI could leave lasting scars on CEO's reputation
OAKLAND, California, May 19 : OpenAI Chief Executive Sam Altman beat Elon Musk in federal court on Monday, but the win came at the cost of hearing his former colleagues call him a liar - repeatedly - under oath. A federal jury threw out former OpenAI co-founder Musk's case that the nonprofit wa ...
SQ321 final report: Radar issue may have left pilots blind to severe turbulence in 2024 incident
Shikhar Gupta - Despite intermittent issues, the report notes SIA followed published maintenance procedures for the plane’s weather radar
SQ321 final report: Radar issue in 2024 may have left pilots blind to severe turbulence
Shikhar Gupta - Despite intermittent issues, the report notes SIA followed published maintenance procedures for the plane’s weather radar
Fatal SQ321 flight: Radar issue in 2024 may have left pilots blind to severe turbulence
Shikhar Gupta - A possible radar blind spot and disputed hardware tests complicate liability for the fatal flight