Culture
ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light: sources
The chip’s ability to train AI models is currently unmatched by domestic equivalents[BEIJING/SINGAPORE] ByteDance and Alibaba have asked Nvidia about buying its powerful H200 AI chip after US President...
ComfortDelGro and Pony.ai get green light from Singapore regulators to start autonomous vehicle testing on public roads
[SINGAPORE] The Land Transport Authority (LTA) of Singapore has given its approval to transport operator ComfortDelGro and its autonomous vehicle (AV) partner Pony.ai to begin testing their AV shuttles...
HSBC’s senior bankers hid behind co-head roles, CEO Georges Elhedery says
Since taking charge, he has nearly halved the size of the bank’s operating committee[LONDON] HSBC’s chief executive officer Georges Elhedery said not enough executives were fully accountable for the...
3 Keppel subsidiaries put up for voluntary liquidation
The wholly owned units are Keppel Enterprise FinHub, Keppel Enterprise Services and Keppel People Services[SINGAPORE] Asset manager Keppel said on Wednesday (Dec 10) that three of its wholly owned...
Air India admits compliance culture needs overhaul after flying Airbus without permit
The report is a stark admission from the airline whose Boeing Dreamliner crash in June killed 260 people[NEW DELHI] An Air India investigation into why one of its Airbus...
Singapore stocks inch down ahead of Fed policy decision
[SINGAPORE] Singapore stocks ended lower on Wednesday (Dec 10), ahead of a policy decision by the US Federal Reserve.The benchmark Straits Times Index (STI) was flat, shedding 1.34 points...
Analysts upbeat on Singapore’s office Reits, naming one ‘uniquely positioned’ to tap rental upside
[SINGAPORE] The coming year is looking promising for office Singapore real estate investment trusts (S-Reits), said analysts.The sector has begun to see “tangible improvements in capital management metrics as...
Amazon to invest over US$35 billion in India on AI, exports
[BENGALURU] Amazon plans to invest more than US$35 billion in India by 2030 to expand its operations by boosting artificial intelligence (AI) capabilities and increasing exports, the US e-commerce...
Olam unit bags US$1.12 billion dual currency loan facility
It will be used to refinance ofi’s existing loans and for general corporate purposes[SINGAPORE] Agribusiness conglomerate Olam Group said on Wednesday (Dec 10) that its wholly owned subsidiary, Olam...
Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
[BENGALURU] Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market, pressuring prices, ahead of a widely anticipated...
