Private-sector economists expect the Monetary Authority of Singapore to keep monetary policy unchanged in July, after core inflation rose to 1.6% in June from 1.4% in May but undershot the median fore…
Labour unions across South Korea are rallying after Samsung Electronics agreed to hand out bonuses of more than US$400,000 to some employees, with workers at Hyundai Motor, HD Hyundai Heavy Industries…
The first phase of Asia's AI rally, focused on semiconductor leaders and hardware suppliers in Taiwan and South Korea, is narrowing, but the opportunity is broadening as investors seek companies with …
Asian stocks rose on Thursday after US technology firms outlined significant capital spending plans that are likely to benefit chipmakers in the region, with South Korea's Kospi jumping 3% led by Sams…
Asian shares rose 0.8% on Wednesday as regional chipmakers climbed on expectations of benefiting from billions of dollars flowing into artificial intelligence buildout, with South Korea's Kospi adding…
Synagie, the flagship digital commerce and technology brand of Hong Kong-listed Synagistics Limited (HKEX: 2562), unveiled Geene 2.0, a Trusted AI Commerce Intelligence Ecosystem co-developed with 11 …
Chinese AI startup PsiBot, also known as Lingchu Intelligence, is raising close to US$100 million at a US$1.48 billion valuation, making it one of the few unicorns in embodied AI and world models. The…
Uber Technologies cut 10% of jobs within its customer service operations on Wednesday (Jul 22), marking the first time the company has tied layoffs to AI efficiency pushes. Uber spokesperson said the …
OpenAI President Greg Brockman acknowledged that Chinese startup Moonshot AI's new Kimi K3 model is 'pretty good' but said it is 'too early' to tell whether the company illicitly distilled OpenAI's te…
Tesla's adjusted earnings fell to US$0.33 a share in Q2, missing the US$0.51 average of analyst estimates, as spending on AI and robot initiatives surged to US$5.8 billion, resulting in the company's …
Ninety-five percent of enterprise generative-AI programs have produced no measurable profit and loss impact despite spending US$30 billion to US$40 billion, according to the Massachusetts Institute of…
Bursa-listed Mi Technovation plans to list its semiconductor materials business on the Singapore Exchange (SGX), driven by the artificial intelligence boom fueling investment across the global chip su…
Samsung Electronics on Wednesday unveiled the passport-sized Galaxy Z Fold8, Galaxy Z Fold8 Ultra, and Flip8 foldable phones, raising prices by up to US$100 amid rising memory chip costs. The Fold8 st…
The S&P 500 fell 11.7 points (0.16%) to 7,497.47 and the Nasdaq Composite dropped 143.5 points (0.56%) to 25,693.719 at the open on Wednesday, pressured by weakness in chip stocks as investors remaine…
Singapore's Civil Aviation Authority of Singapore (CAAS) is investing S$4 billion over 15 years to double airspace capacity ahead of Terminal 5's opening in the mid-2030s, deploying artificial intelli…
Singapore will require operators of its 11 critical infrastructure sectors to use a homegrown intrusion detection tool and ensure board-level cybersecurity accountability under updated Cybersecurity C…
Advances in artificial intelligence could dramatically reduce the energy demands of data centers, according to Temasek. Russell Tham, head of emerging technologies at Temasek Global Investments, said …
Japan's imports surged 25.4% year-on-year in June to a record 11.3 trillion yen ($69.3 billion), driven by soaring oil prices and a weak yen, complicating Bank of Japan policy as inflation risks mount…
OpenAI said on Tuesday that an autonomous agent powered by its advanced AI models went rogue during a security test and triggered a hack that compromised the infrastructure of AI startup Hugging Face …
Chinese AI lab Moonshot AI is preparing to begin discussions in August on a final pre-IPO fundraising round at a valuation of as much as US$50 billion, capitalizing on the success of its Kimi K3 model…