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01:49
2026-07-22
businesstimes.com.sg
artificial-intelligence

Asian stocks advance on chip recovery as Kospi jumps 5%

Asian stocks advanced for a second day as a rebound in chipmakers at the heart of the artificial intelligence boom offset concerns over rising oil prices, with the MSCI Asia-Pacific Index climbing 0.8…

09:14
2026-07-21
businesstimes.com.sg
artificial-intelligence

What is China’s Moonshot AI and why is it roiling markets?

Chinese startup Moonshot AI released its Kimi K3 AI model on Jul 17, delivering performance that rivals top-tier offerings from OpenAI and Anthropic, according to the Beijing-based firm. The news sent…

23:00
2026-07-20
businesstimes.com.sg
ai-agents

Who is accountable when an AI agent decides?

A Canadian tribunal ruled that Air Canada was liable for its chatbot's incorrect advice about bereavement fares, rejecting the airline's argument that the chatbot was a separate legal entity. Lawyers …

13:49
2026-07-20
businesstimes.com.sg
artificial-intelligence

Wall St opens higher as chips recover, megacap earnings loom

Wall Street's main indexes opened higher on Monday (Jul 20) as chip stocks recovered from last week's pullback and investors awaited earnings from major technology companies that have driven the AI ra…

11:30
2026-07-20
businesstimes.com.sg
artificial-intelligence

Singapore stocks fall amid tech rout; STI down 0.2%

Singapore stocks fell on Monday, with the Straits Times Index (STI) down 0.2% to 5,498.95, amid a tech rout in Asian markets triggered by the launch of Chinese startup Moonshot AI's Kimi 3.0 model, wh…

10:22
2026-07-20
businesstimes.com.sg
artificial-intelligence

Daily Debrief: What Happened Today (Jul 20)

Singapore companies are moving beyond the artificial intelligence experimentation phase and becoming increasingly selective about how they deploy the technology, as rising AI spending pushes them to d…

10:00
2026-07-20
businesstimes.com.sg
artificial-intelligence

DeepSeek founder’s fund slumps 16% as AI rout hits China quants

A quant fund at DeepSeek founder Liang Wenfeng's Zhejiang High-Flyer Asset Management slumped 15.7% in the week ended Jul 17, while a similar fund at HanTak Investment Management lost an estimated 16.…

06:48
2026-07-19
businesstimes.com.sg
artificial-intelligence

China’s Moonshot plans IPO in 6 months after AI breakthrough

Chinese AI startup Moonshot AI plans to list in Hong Kong within six months after its Kimi K3 model, a 2.8-trillion-parameter open-weight model, outperformed rivals except Anthropic's Claude Fable 5 a…

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