Business

Two of America’s biggest semiconductor giants, Nvidia and Advanced Micro Devices (AMD), have reached an unprecedented arrangement with the United States government: to pay 15 per cent of their China-based sales revenue from certain advanced computer chips directly to...

Singapore investment and asset management firm Keppel has announced plans to divest the main telecommunications arm of its subsidiary M1 to Simba Telecom, in a transaction valued at S$1.43 billion. The agreement, unveiled on 11 August, will see Simba...

Global oil prices fell for a sixth straight trading session after the Kremlin announced that President Vladimir Putin will meet U.S. President Donald Trump in the coming days, stoking hopes that the war in Ukraine could be de-escalated via...

In Singapore and around the world, a quiet revolution is happening — right in our living rooms. As high-definition smart TVs become more affordable and streaming platforms like Netflix, Disney+, Prime Video, and HBO GO offer endless entertainment at...

Singaporeans banking with UOB may want to reassess their savings strategy. Come 1 September 2025, the popular UOB One Account will see its maximum effective interest rate slashed from 3.3% p.a. to 2.5% p.a., despite maintaining the same account...

Shares of tech titans Microsoft and Meta Platforms surged in European markets on Thursday, following impressive quarterly earnings that blew past investor expectations. The rally was driven by both companies’ continued dominance in artificial intelligence and cloud technologies, with...

Bitcoin has smashed past its previous records, hitting a new all-time high of S$145,404 (US$113,603) on 11 July 2025 (Singapore time), igniting renewed excitement among cryptocurrency investors.This milestone comes after a strong 44% rally over the past three months,...

Huawei has recently filed a groundbreaking patent for a sulfide-based solid-state battery that could potentially revolutionize electric vehicle (EV) technology. This innovative battery claims to offer an impressive range of 3,000 kilometers and ultra-fast charging capabilities in just five...

Singapore authorities have announced that access to two overseas online trading platforms, Octa and XM, will be blocked starting June 20, 2025, due to violations of financial regulations. This decision was made following a joint statement from the police...

A recent revelation has sent shockwaves through the tech community, as it was uncovered that Builder.ai, a London-based AI startup once valued at $1.5 billion and backed by Microsoft, has filed for bankruptcy. Investigations revealed that the company falsely marketed...