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IMDA to co-fund deployment of robots by 500 firms over next 3 years
The authority’s support will focus on improving integration and interoperability[SINGAPORE] Five hundred local enterprises will receive support from the Infocomm Media Development Authority (IMDA) in their deployment of autonomous...
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers[LONDON] HSBC Holdings’ Swiss private bank is boosting the pay of some of its staff as it looks...
Foreigners buy most Philippine stocks in two years on BSP Bets
The buying has helped lift the nation’s benchmark index this week, set to close about 7% higher[MANILA] Global investors snapped up the most Philippine shares in more than two...
Coliwoo enters joint venture to acquire 1 King George’s Avenue property for S$40 million
The REHAU Building will undergo conversion works to transform it into a co-living space[SINGAPORE] Coliwoo Holdings has entered into a 50:50 joint venture (JV) with Macritchie Developments to acquire...
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division[LONDON] HSBC Holdings is restructuring its trading division as...
Is there an AI bubble and has it started to burst?
The artificial intelligence boom seems unstoppable, but a growing number of investors and other observers worry it could be a bubble about to burst. After skyrocketing more than 50%...
Google opens new AI engineering centre in Taiwan
[TAIPEI] Alphabet’s Google on Thursday opened in Taiwan its biggest artificial intelligence (AI) infrastructure hardware engineering centre outside of the US, in what Taiwan’s president said was a show...
Stocks to watch: SGX, CSE Global, Manulife US Reit, Keppel Reit, Wilmar, CDL
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 20): Source link
Nvidia’s switch to smartphone-style memory ‘to double server-memory prices by end-2026’
Tech-focused research firm says the change will spike the demand for chips that the industry can’t handle[BEIJING] Nvidia’s move to use smartphone-style memory chips in its artificial intelligence (AI)...
One prospectus, two markets: SGX-Nasdaq dual-listing highway to debut in 2026
This comes as the MAS review group wraps up its work and releases its final report[SINGAPORE] From next year, companies will be able to list on both the Singapore...
Google Deepmind launches research lab in Singapore to better study S-E Asia’s cultural nuances
[SINGAPORE] Artificial intelligence (AI) pioneer Google Deepmind on Wednesday (Nov 19) launched its research lab in Singapore.The lab’s opening is part of the group’s efforts to expand into the...
Asia: Markets bounce as Nvidia takes centre stage amid AI bubble fears
ASIAN investors battled on Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been caused by worries over an AI-fuelled bubble and...