U.S. officials are investigating whether Chinese artificial intelligence startup DeepSeek skirted American export restrictions on advanced chip sales and bought advanced Nvidia (NVDA) semiconductors through third parties in Singapore,
CapitaLand Ascendas Reit was the STI’s biggest gainer, up 2 per cent to $2.61, with Sembcorp Industries at the other end of the spectrum, down 2.2 per cent to $5.43. The local banks were mixed. OCBC Bank lost 0.3 per cent to $17.04 and UOB fell 0.4 per cent to $36.87, but DBS Bank gained 0.3 per cent to $43.73.
US stocks ended lower on Friday (Jan 31), with indices losing ground after the White House said US President Donald Trump will implement on Saturday tariffs of 25 per cent on Canadian and Mexican imports and 10 per cent on Chinese goods.
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
Law Minister K Shanmugam's Facebook post was a response to a Wall Street Journal article about US President Joe Biden commuting the death sentences of 37 inmates Law and Home Affairs Minister K Shanmugam said on Sunday that personal feelings are "set aside" to protect the majority of people in Singapore when it comes to the death penalty.
Ahead of the Lunar New Year break, the Singapore stock market had snapped the two-day slide in which it had fallen more than 10
The Dow Jones Industrial Average added 0.9 per cent while the Nasdaq advanced 0.2 per cent.
The Monetary Authority of Singapore forecast slower growth and contained inflation at home amid rising uncertainty from trade frictions abroad.
MICROSOFT on Wednesday (Jan 29) forecast disappointing growth in its cloud computing business, sending its shares down more than 5 per cent as investors worry about big spending, elusive artificial intelligence (AI) revenue and growing competition from cheaper AI models from China.
Global investors are worried the emergence of a low-cost Chinese AI model will threaten the dominance of AI leaders.
For 2024, core inflation averaged 2.4%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.7% versus 4.8% in 2023, suggesting that policymakers' efforts to tame price pressures have been a success.
SINGAPORE — SINGAPORE — Seagate Technology Holdings plc (STX) on Tuesday reported fiscal second-quarter earnings of $336 million. On a per-share basis, the Singapore-based company said it had net income of $1.55. Earnings, adjusted for non-recurring costs and stock option expense, came to $2.03 per share.