News

Singapore shares track regional gains on Friday; STI up 1.4%
SINGAPORE shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for Chinese New Year. The benchmark Straits Times Index...
Waymo is getting ready to tackle Los Angeles’ freeways. How have the robotaxis fared so far?
Waymo’s fleet of electric, self-driving taxis has been available for hire in parts of Los Angeles for a few months now. And in a post on X this week,...
Who is Liang Wenfeng, the geek behind DeepSeek?
The rise of Chinese artificial intelligence (AI) firm DeepSeek caused a meltdown in US tech stocks on Monday (Jan 27). Nvidia on Monday suffered a wipeout of nearly US$600...
Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout
Analysts warned that companies in the artificial intelligence (AI) ecosystem – including in Singapore – could be hit after the rise of Chinese AI firm DeepSeek caused a meltdown...
Singapore shares rise before Chinese New Year break; STI up 0.1%
SINGAPORE stocks ended higher on Tuesday (Jan 28), before markets closed for the Chinese New Year break. At the close, the Straits Times Index (STI) was up 0.1 per cent...
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
Major U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese artificial intelligence startup DeepSeek unveiled a system that it says can compete against OpenAI’s ChatGPT model...
JLR to invest £65 million to meet demand for custom luxury car colours – The Business Times
JAGUAR Land Rover (JLR) will invest £65 million (S$109 million) to expand its luxury paint services in the UK and Slovakia to meet increased demand for personalised cars from...
Chinese commodities firms bear the brunt of a slowing economy – The Business Times
Overcapacity has compounded the impact of China’s slowing growth on these stalwarts of the old economyCHINESE industrial profits show commodities producers ending 2024 at the bottom of the pile....
Japfa surges 16% to S$0.615 after news of S$0.62 privatisation offer – The Business Times
The company announced on Friday that members of its founding family were making a joint offer to acquire around 18.3% of the company’s total issued sharesSHARES of agri-food company...
Trump talks ‘free speech’ while moving to muzzle those he disagrees with
In one of his first acts in office, President Trump issued an executive order promising to end government censorship and restore free speech.The order accused the outgoing Biden administration...
Column: The rise of Silicon Valley, from indifference to lords of the political universe
When the high and mighty of Silicon Valley assumed their privileged perch at the swearing-in of President Trump, it was an ostentatious show of wealth and power unlike any...
China’s new rules to add one trillion yuan into market: analysts – The Business Times
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ailing stock market, with the most bullish calculation by...