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Jumbo Bee Powers Up ASEAN with Modular Battery Breakthrough
In a time when electricity costs across ASEAN are rising and demand for reliable energy is surging, Jumbo Bee Power Solutions Pte Ltd is…
Business News
World Business News
Ukrainian Drone Strikes Cut Russia’s Refining Capacity by 30%
Ukrainian drone strikes have cut Russia's oil refining capacity by about 30% since late October, Reuters reported citing industry sources.
World Business News
Scammers’ E-Wallet Use in Philippines More Than Doubles
Reported use of e-wallets to move stolen money in the Philippines jumped to 73% from 34%, Coins.ph said, citing a GASA report.
Tech
Singapore’s Terra Invest Backs Abu Dhabi AI Firm AIREV
Singapore-based Terra Invest joined a strategic funding round for Abu Dhabi agentic AI company AIREV, targeting finance and healthcare uses.
World Business News
Canada Extends Relief From Counter-Tariffs on US Goods to 2028
Canada extended tariff relief on certain US imports to June 2028 while ending relief for some goods made at home.
World Business News
Vietnam, Laos Central Banks Push Wider Cross-Border QR Payments
Vietnam and Laos central banks plan to expand cross-border QR payments and local-currency use, aiming for US$10 billion in trade.
Artificial Intelligence
Deutsche Telekom Expands Munich AI Factory to 20 Megawatts
Deutsche Telekom will invest about EUR250 million to expand its Munich AI factory to 20 megawatts after the first phase sold out.
Business News
Malaysian Stocks Tread Carefully Amid Inflation Fears And Uncertainty
FBM KLCI slips as inflation concerns, weaker oil prices, earnings anticipation and election uncertainty keep investors cautious this week ahead.
World Business News
Morgan Stanley Slashes Samsung, SK Hynix Price Targets
Morgan Stanley cut its price targets for Samsung Electronics and SK hynix by up to 38%, even as Korean chip stocks rallied.
World Business News
SoftBank Posts $7 Billion Loss on US Data Centre Hit
SoftBank Group swung to a 1.1 trillion yen quarterly loss after a US$3.7 billion hit from revised US data centre plans.
World Business News
Hesai Revenue Jumps 34% as Lidar Shipments Surge 65%
Chinese lidar maker Hesai lifts third-quarter revenue 34.3% as shipments of sensors for cars and robots surge 65%.