News
Trump’s unusual deal with Nvidia and AMD sparks concerns, legal questions
President Trump struck an unusual deal with Nvidia and Advanced Micro Devices that allows the companies to sell certain chips to China in exchange for giving the U.S. government...
Amazon cuts 110 jobs in reorganization of Wondery audio division
Amazon on Monday said it is cutting 110 roles from its audio division Wondery as part of a restructuring effort.The cuts reflect an industry shift toward producing more podcasts...
Lendlease Global Commercial Reit posts 1.8% higher DPU of S$0.018 for H2 FY2025
[SINGAPORE] Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a marginal improvement of 1.8 per cent in its distribution per unit (DPU) to S$0.018 for the half-year of...
China state media asks Nvidia to prove H20 chips are secure
[HONG KONG] China state media is calling for Nvidia to prove that its H20 chip is secure, saying it cannot allow flawed chips into the country.China’s top Internet watchdog...
Airbus said to deliver fewer aircraft in July amid engine woes
The world’s biggest planemaker has delivered around 370 planes in the first seven months of 2025, less than half its annual goalPublished Sat, Aug 2, 2025 · 09:55 AM[NEW...
Intel used to be the most valuable U.S. chipmaker. How it fell far behind Nvidia
Earlier this year, Intel’s new chief executive Lip-Bu Tan made frank remarks about how the Silicon Valley chipmaker keeps coming up short.“For quite a long time for Intel, we...
British Airways owner IAG beats second-quarter profit estimates
Published Fri, Aug 1, 2025 · 02:47 PM[LONDON] British Airways owner IAG reported better than expected second-quarter earnings on Friday (Aug 1), helped by strong demand for its transatlantic...
Palmer Luckey’s Anduril leads second-quarter surge for venture capital in greater L.A.
Venture capital investments in the greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into...
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop...
As Binance stays and Tokenize leaves, Singapore’s crypto sector is seeing change
[SINGAPORE] Tokenize Xchange said on Sunday (Jul 20) that it will exit Singapore after failing to secure a Major Payment Institution (MPI) licence, typically necessary for digital token service...
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
[SINGAPORE] China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its protracted timeline and China’s construction downturn will...
