Britain's economic productivity is showing sustained improvement, with annual growth in output per hour averaging 1.1% over the two years to end-June 2026, up from a 0.7% decline in the previous two y…
Asian stocks fell on Monday, with the Kospi Index dropping 1.4% as Samsung Electronics slumped over 6% after announcing plans to return up to 110 trillion won (US$80 billion) to investors by 2026, whi…
Hugging Face, a New York-based AI startup hosting open-source large language models and datasets, has been exploring a sale that could value it at US$13 billion or more, according to a Business Inside…
Prime Minister Lawrence Wong announced at the National Day Rally on Aug 23 that Singapore will reset marriage and parenthood policies, increasing childcare leave for working parents to up to 12 days a…
Singapore will introduce new rules for artificial intelligence agents and tighten social media safety measures for youth, Prime Minister Lawrence Wong said on Sunday (Aug 23) in his National Day Rally…
AEM Holdings Ltd, a Singapore-listed semiconductor test-equipment maker, issued its first-ever earnings per share (EPS) guidance of S$0.245 to S$0.275 for fiscal year 2026, citing strong artificial in…
A mysterious AI model called Ox Alpha, available free on OpenRouter with a one million-token context window and multimodal input, is gaining traction among developers, though its creator remains unkno…
Alibaba Group Holding Ltd. announced on Sunday (Aug 23) a proposed placement of new shares in Hong Kong with an aggregate consideration of HK$80 billion (US$10.2 billion), which would mark the largest…
US Treasury Secretary Scott Bessent's efforts to tame US borrowing costs briefly lowered long-term yields, but the dollar weakened while gold and Bitcoin rallied, reinforcing a global debasement trade…
Rising long-term Treasury yields, not hype, pose the biggest risk to AI valuations, according to Gary Tan, portfolio manager at Allspring Global Investments, who spoke on The Business Times' Market Fo…
The Institute of Singapore Chartered Accountants (Isca) has approved a proposed module exemption agreement with the Institute of Chartered Accountants of India (ICAI), exempting eligible ICAI members …
DayOne Data Centers is seeking a HK$1.86 billion (US$237 million) five-year loan from a consortium of Asian banks including DBS, OCBC, and UOB to refinance and expand its Hong Kong data centre, accord…
Kakao Corp plans to spin off its chat app-based platform business into a new company, tentatively named KakaoAI, and relist it on the Korea Exchange on Jan 27, 2027, following a Jan 1 split. KakaoAI w…
Large language models (LLMs) trained on a limited number of languages and owned by multinational companies pose cultural and economic threats to developing countries with minority languages, according…
SK Hynix, the South Korean memory chipmaker, is considering building a chip plant in Japan's Miyagi prefecture with an investment of tens of trillions of won, according to a Hankyoreh report citing in…
Singapore's economy grew 6.1% year on year in the first half, with second-quarter growth at 5.9%, driven by an artificial intelligence investment boom, prompting the government to raise its full-year …
Nvidia Corp. on Thursday (Aug 20) denied a report by The Information that it plans to begin shipping a language processing unit (LPU) tailored for Chinese customers by year-end, saying it has no China…
Broadcom is in talks with lenders to raise more than US$60 billion in debt for an AI chip financing deal that will benefit Anthropic and other companies, according to Bloomberg News. The financing cou…
A survey by Resume Builder found that nearly four in 10 U.S. college graduates were working or pursuing blue-collar or skilled trade jobs in 2025, driven by better long-term prospects and the belief t…
Alibaba Group Holding reported a 9% jump in revenue to nearly 269 billion yuan (US$40 billion) for the quarter ended June, driven by demand for its cloud computing from China's AI boom, but net income…