News
Is Elon Musk worth $1 trillion? Shareholders get to decide
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in...
China blows past record for Europe car sales on hybrid, EV gains
The Asian nation’s latest plug-in hybrids offer long electric-only ranges, rapid charging and generous standard equipment at prices below European rivals[LONDON] Chinese carmakers posted their best month ever in...
News Analysis: Trade deal or trade truce? Questions remain as Trump meets with China’s Xi
WASHINGTON — President Trump faces the most important international meeting of his second term so far on Thursday: face-to-face negotiations with Xi Jinping, who has made China a formidable economic and...
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from mobile networking kit into artificial intelligence by...
PayPal raises earnings guidance after announcing OpenAI deal
[NEW YORK] PayPal Holdings raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet into ChatGPT, sending its shares soaring in early New...
Singapore’s Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
[MUMBAI] Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on private credit and real estate, senior...
Qualcomm to take on Nvidia with its own AI chips
Qualcomm on Monday announced the release of a new series of artificial intelligence chips to compete with the market leader Nvidia, as the race to cash in on the...
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.On Friday, two of Grindr’s board members who are also...
China’s central bank to resume bond trading on open market
China’s 10-year government bond yield fell sharply by 2 basis points following comments by PBOC governor[BEIJING] China’s central bank will resume buying and selling treasury bonds on the open...
Banks not told of power plant when it gave in-principle loan commitment to Tuaspring project: witness
Consortium sends18 questions to company upon finding out about the higher-risk power plant[SINGAPORE] The consortium of banks which considered financing Hyflux’s Tuaspring project sent the water treatment company a...
