Nvidia to launch Singapore research hub as city-state boosts AI plans
Singapore has announced a new Nvidia research center and its first testbed to research, test and deploy physical AI, along with industry leaders.
Over 47,000 Samsung Electronics workers set to strike as wage talks break down, sending shares lower
More than 47,000 Samsung Electronics workers will begin a strike on Thursday after wage negotiations between the company and its union broke down.
Singapore inks AI deals with Google, OpenAI as ChatGPT-maker commits $234 million to local ecosystem
Singapore has signed new partnerships with Google and OpenAI to strengthen the city-state’s position as a global AI hub and accelerating AI deployment.
Alibaba reveals more powerful Zhenwu AI chip, new LLM
Alibaba announced updates to its AI offerings, including a more powerful chip and a new large language model.
Looking for attractive Asian stocks outside of AI? HSBC names 10 ‘forgotten gems’ for investors
HSBC picked out companies that have generated high return on equity, gained market share while remaining highly profitable and paying out strong dividends.
AI boom reshuffles global stock market pecking order as South Korea and Taiwan surge
A global reshuffling in stock-market hierarchy is underway. AI is propelling Taiwan and South Korea past a couple long-established Western countries.
CNBC Daily Open: Bond markets and the Senate rebuke Trump as Iran war worries linger
Trump faces resistance at home even as inflation expectations rise and affordability looms large ahead of the midterms.
U.S. Treasurys are now firmly in the ‘danger zone,’ strategists say
U.S. Treasurys are in a “danger zone” as surging long-term yields raise fears that sticky inflation could begin spilling over into equities, strategists said.
Goldman Sachs says AI and energy resilience are creating a North-South divide in Asian markets
North Asian markets are outperforming South Asian markets, supported by stronger fiscal ability and AI developments, Goldman said.
Asia markets fall as Treasury yields climb and Iran tensions linger
Asia-Pacific markets fell on Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions.
