News
LG Energy Solution Q3 profit likely up 34% on US EV sales rush
The company has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, as the US automaker looks to reduce reliance on Chinese imports due to...
AJJ Medtech to develop ‘world’s first’ multifunctional humanoid elderly care robot
It will work with China’s Huaxi Intelligent Technology Co to produce humanoid robots that will replicate human presence, offering both practical assistance and emotional engagement [SINGAPORE] AJJ Medtech has...
Australian airline Qantas says millions of customers’ data leaked online
Qantas confirmed earlier that hackers had targeted one of its customer contact centres[SYDNEY] Australian airline Qantas said on Sunday (Oct 12) that data from 5.7 million customers stolen in...
Megaspeed, Singapore firm at centre of US Nvidia chip probe, goes dark
[SINGAPORE] The streets outside the Central Business District were bustling with the lunchtime crowd. But on the seventh floor of Ocean Financial Centre, one office stood out for its silence.A self-described...
Hollywood-AI battle heats up, as OpenAI and studios clash over copyrights and consent
A year after tech firm OpenAI roiled Hollywood with the release of its Sora AI video tool, Chief Executive Sam Altman was back — with a potentially groundbreaking update.Unlike...
Exxon restarts FCCU at Texas refinery, sources say
[HOUSTON] Exxon Mobil restarted the gasoline-producing fluidic catalytic cracking unit on Thursday (Oct 9) at its 612,000-barrel-per-day refinery in Beaumont, Texas, people familiar with plant operations said.The 120,000-bpd FCCU...
Apple sued over use of copyrighted books to train Apple Intelligence
A separate group of authors sue the company last month for allegedly misusing their work in artificial intelligence trainingAPPLE was hit with a lawsuit in California federal court by...
Trump tariff threat pushes oil to five-month low
[HOUSTON] Brent and US crude futures fell more than US$2 a barrel, or more than 3 per cent, on Friday (Oct 10) as US President Donald Trump’s threat to...
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for...
China’s state banks ramp up US dollar buying to stabilise renminbi: sources
The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi[SHANGHAI/BEIJING] China’s major state-owned banks ramped up US dollar buying in the...
