Scientex’s recent Johor land acquisition receives approval.
PETALING JAYA – In a strategic move that underscores the growing interest in Muar as a key hub in the future Kuala Lumpur-Singapore high-speed rail (HSR) corridor, Scientex Bhd has…
Neumann Kaffee aims for expansion in Indonesia amidst growing coffee market
Hamburg’s Global Coffee Powerhouse Sets Eyes on Indonesia’s Growing Market Neumann Kaffee Gruppe (NKG), the esteemed global coffee conglomerate, has unveiled ambitious plans to deepen its footprint in Indonesia, signaling…
Subsidiary of CapitaLand excited to purchase three industrial properties in India for $43.2 million
In a significant move signaling its bullish outlook on the Indian real estate market, Singapore-based CapitaLand, through its Indian investment arm CapitaLand India Trust (CLINT), has announced the acquisition of…
Rising Incidents of Unauthorized Chinese Immigration into the United States
In recent years, there has been a noticeable surge in the number of Chinese immigrants entering the United States through its southern border. This influx is driven by individuals seeking…
Selkie Embraces AI for Valentine’s Collection Amid Ethical Debate
Selkie, the fashion brand celebrated for its ethereal, feminine designs, recently sparked a debate within its community by introducing a pet-themed Valentine’s Day collection titled “Home Is Where the Heart…
RBA Maintains High Interest Rate, Open to Future Adjustments Amid Inflation Concerns
In a move closely aligned with global central banking trends, the Reserve Bank of Australia (RBA) has opted to keep its cash rate steady at a 12-year peak of 4.35%.…
President Xi Jinping to Review Market Strategy as Hopes for Chinese Stock Revival Grow
With the Chinese stock market experiencing significant declines, anticipation is growing for a more decisive intervention from the government. Reports have surfaced that China’s top regulators, led by the China…
Oil Prices Tick Higher as Focus Shifts to Potential Gaza Ceasefire Negotiations
Oil prices saw a modest increase in early Tuesday trading, as the market’s attention turned to U.S. Secretary of State Antony Blinken’s Middle East visit. This diplomatic mission is closely…
Strong Economic Indicators Lead to Increased Treasury Yields, Aligned with Fed’s Cautious Rate Cut Outlook
The recent movements in the U.S. Treasury market reflect a broader recalibration of expectations around Federal Reserve policies. Following a period of intense speculation about potential rate cuts, strong economic…
Snap Inc. to Cut 10% of Global Workforce in Restructuring Move
Snap Inc., the parent company of Snapchat, has recently made headlines with its decision to reduce its global workforce by 10%, affecting approximately 530 employees. This move is part of…
US Announces Visa Bans for Spyware Misuse
The United States has escalated its measures against the misuse of commercial spyware by announcing a policy to impose global visa restrictions on individuals implicated in such activities. This move,…
L’Oréal’s New Policy: Mandatory In-Office Fridays
L’Oreal, a multinational cosmetics company with a global workforce of 87,000 employees, has recently implemented a new attendance policy. This policy requires employees to report to the office for at…
CapitaLand Ascott Trust plans to sell Citadines for a big total of S$148 million.
Singapore, February 6, 2024 – CapitaLand Ascott Trust (CLAS) has announced its plans to divest Citadines Mount Sophia Singapore in a strategic move that is expected to generate significant gains.…
Deliveroo reports that 57% of restaurants have adopted digital technologies.
In an era where technology continuously reshapes business landscapes, Singapore’s food and beverage (F&B) sector stands out as a beneficiary of digital advancement, particularly through the instrumental role of food…
Chinese Semiconductor Manufacturers Embrace Open Source Technology for Advanced Chip Production
Beijing’s Strategic Move in the Global Chip Market In a significant development that underscores China’s ambitious efforts to reshape the half-trillion-dollar global semiconductor industry, a Beijing-based military institute has made…
The AI Rush: Unveiling the Better Landscape of China’s AI Sector in 2023
In 2023, the artificial intelligence (AI) wave, powered by the remarkable progress of generative AI technologies like ChatGPT, captured global attention. This surge of interest did not bypass China, even…
OpenAI’s CEO happily considers a trip to Seoul in search of a new semiconductor partner in 2024.
SEOUL – In a strategic move to diversify its semiconductor sources and reduce its dependency on Nvidia, the US leader in artificial intelligence chips, OpenAI CEO Sam Altman is reportedly…
Fossil Discontinues Smartwatch Lineup
Fossil Group has officially announced its decision to exit the smartwatch market, with the Fossil Gen 6 being its last foray into this technological realm. This strategic shift away from…
Neuralink Conducts First Human Brain Chip Implant
Neuralink, has successfully implanted its first brain-computer interface (BCI) chip in a human being. This pivotal development comes after the U.S. Food and Drug Administration (FDA) granted Neuralink, co-founded by…
Apple Music Offering a 10% Boost for Quality Sound
Apple Music has announced an initiative to enhance the earnings of artists and labels through its latest royalty payment scheme. This innovative approach aims to promote higher-quality audio by offering…