Fashion
Nvidia CEO Jensen Huang says AI chip sales to China are blocked for now
The company is not trying to revive efforts to get Blackwell AI chips to Chinese firms[TAIPEI] Nvidia chief executive officer Jensen Huang said his company is effectively blocked from...
Indonesia discussing plan for merger of Grab and GoTo: official
[JAKARTA] Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the presidential spokesperson said on Friday (Nov 7).The government...
Ikea profit falls 26% to 1.7 billion euros as US tariffs fuel costs
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row[LONDON] Sweden’s Inter Ikea, which supplies furniture to Ikea stores...
Cortina’s H1 profit rises 10% to S$30.5 million amid stronger regional sales
[SINGAPORE] Luxury watch retailer Cortina posted a 10 per cent rise in net profit to S$30.5 million for the six months ended Sep 30, up from S$27.8 million a...
Singapore shares buck regional trend; STI up 0.2%
Across the broader market, decliners outnumber advancers 318 to 233, after 1.3 billion securities worth S$2.2 billion change hands[SINGAPORE] Local shares bucked the regional trend to end higher on...
Netherlands ready to drop Nexperia control if China chip exports resume: sources
[AMSTERDAM] The Netherlands is prepared to suspend a so-called ministerial order that gave it control over Chinese-owned chipmaker Nexperia in a move that would de-escalate a fight with Beijing...
Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC
Bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure, says deputy CEO[SINGAPORE] OCBC is still monitoring the impact...
AvePoint Q3 earnings jump four times to US$13 million; shares fall on EPS miss
[SINGAPORE] Cybersecurity company AvePoint has posted a 396.8 per cent increase in net profit to US$13 million for its third quarter ended Sep 30, from US$2.6 million in the...
JPMorgan’s billionaire clients want sports teams more than fine art
Sports have become more than just a passion investment of the ultra-rich and are now a growing part of their portfolio[NEW YORK] JPMorgan Chase & Co’s super-rich clients are...
Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain
[SINGAPORE] Singtel announced its indirect wholly owned subsidiary Pastel has raised gross proceeds of about S$1.5 billion from selling a 0.8 per cent stake in its regional associate, Bharti...
