https://www.businesstimes.com.sg/ THE BUSINESS TIMES - Find latest business and financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific and global market news and more at The Business Times. en-US https://www.businesstimes.com.sg/favicon.ico https://www.businesstimes.com.sg/ 32 32 https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/cse-global-independent-director-quits-after-clashes-chairman-eugene-lai-over-board-refresh Wed, 17 Jun 2026 01:13:58 +0000 Shikhar Gupta Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/cse-global-independent-director-quits-after-clashes-chairman-eugene-lai-over-board-refresh Tan Chian Khong says Lai, who is also Heliconia chairman, requested his resignation from board, committee roles https://www.businesstimes.com.sg/international/global/spacex-vaults-past-amazons-market-value-options-listing-fuels-surge Tue, 16 Jun 2026 12:17:26 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/spacex-vaults-past-amazons-market-value-options-listing-fuels-surge Next up are Apple, Alphabet and Nvidia, all above US$4 trillion in market value https://www.businesstimes.com.sg/international/ai-splitting-job-market-two-pwc-study Tue, 16 Jun 2026 10:42:32 +0000 International Companies & Markets Telcos, Media & Tech /international/ai-splitting-job-market-two-pwc-study In another study, about 49 per cent of CEOs said they expected AI adoption to reduce junior hiring over the next three... https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/spacex-investors-us-retail-brokers-got-least-one-ipo-share Tue, 16 Jun 2026 07:23:02 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/spacex-investors-us-retail-brokers-got-least-one-ipo-share Demand for the shares exceeds US$100 billion https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-looks-raise-least-us20-billion-bond-offering Mon, 15 Jun 2026 14:28:05 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/nvidia-looks-raise-least-us20-billion-bond-offering It is part of a relentless wave of borrowing for companies spearheading the artificial intelligence boom https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/retail-investors-face-tighter-limits-funds-spacex-ipo-flipping Mon, 15 Jun 2026 11:36:54 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/retail-investors-face-tighter-limits-funds-spacex-ipo-flipping Underwriters and brokerage platforms impose market restrictions on flipping because it can destabilise the stock https://www.businesstimes.com.sg/international/britain-announces-sweeping-social-media-ban-under-16s Mon, 15 Jun 2026 08:53:51 +0000 International Companies & Markets Telcos, Media & Tech /international/britain-announces-sweeping-social-media-ban-under-16s Australia was the first country to ban social media for children under 16 https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/singapore-public-sector-commands-highest-ai-salary-premium-job-postings-surge-pwc-study Mon, 15 Jun 2026 06:56:54 +0000 Shikhar Gupta Telcos, Media & Tech Companies & Markets Singapore /companies-markets/telcos-media-tech/singapore-public-sector-commands-highest-ai-salary-premium-job-postings-surge-pwc-study The share of artificial intelligence-related listings is up at 5.3% in 2025, from 3.3% the previous year https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/musk-says-spacex-could-bring-us1-trillion-revenue-2030 Mon, 15 Jun 2026 06:50:32 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/musk-says-spacex-could-bring-us1-trillion-revenue-2030 However, some Wall Street analysts cautioned about the company’s growth https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/south-korea-watchdog-probes-brokerage-over-failed-spacex-ipo-share-allocation Mon, 15 Jun 2026 04:30:32 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/south-korea-watchdog-probes-brokerage-over-failed-spacex-ipo-share-allocation The move comes after Mirae Asset failed to secure SpaceX shares despite accepting investor deposits https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/bytedance-talks-chinas-iluvatar-corex-purchase-ai-chips-sources Mon, 15 Jun 2026 03:40:43 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/bytedance-talks-chinas-iluvatar-corex-purchase-ai-chips-sources The potential deals demonstrate that efforts by Chinese chipmakers to offer alternatives to foreign AI chips are gaining traction https://www.businesstimes.com.sg/international/global/spacex-set-surge-past-us2-trillion-valuation-blockbuster-nasdaq-debut Fri, 12 Jun 2026 14:45:03 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/spacex-set-surge-past-us2-trillion-valuation-blockbuster-nasdaq-debut The landmark listing cemented Musk’s status as the first trillionaire ever https://www.businesstimes.com.sg/companies-markets/spacexs-record-ipo-said-draw-over-us350-billion-demand Fri, 12 Jun 2026 14:17:46 +0000 Companies & Markets Telcos, Media & Tech /companies-markets/spacexs-record-ipo-said-draw-over-us350-billion-demand SPACEX’s historic US$75 billion IPO drew more than US$350 billion in demand from institutions and retail investors, according to people familiar with... https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/infineon-open-5-billion-euro-chip-fab-part-eu-sovereignty-push Fri, 12 Jun 2026 08:23:22 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/infineon-open-5-billion-euro-chip-fab-part-eu-sovereignty-push It benefits from soaring demand for power chips used in AI data centres, which will be produced at the facility https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/global-banks-curb-hedge-fund-bets-sk-hynix-samsung-after-wild-moves Fri, 12 Jun 2026 07:30:36 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/global-banks-curb-hedge-fund-bets-sk-hynix-samsung-after-wild-moves Some large lenders are still willing to take new orders on a case-by-case basis https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmc-boss-frets-about-shortages-talent-water-taiwan Fri, 12 Jun 2026 07:24:20 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/tsmc-boss-frets-about-shortages-talent-water-taiwan Chief executive CC Wei calls for increasing efforts to train more workers https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/nvidia-begins-vera-cpu-sales-pitch-chinese-clients-sources Fri, 12 Jun 2026 06:33:27 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/nvidia-begins-vera-cpu-sales-pitch-chinese-clients-sources The company is quickly pivoting to the new product to revive its rapidly declining fortunes in China https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/ai-boom-drives-memory-chip-prices-insane-levels-us-adding-inflation-pressures Fri, 12 Jun 2026 04:25:14 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/ai-boom-drives-memory-chip-prices-insane-levels-us-adding-inflation-pressures Software and computer accessories are up a record 14.5% in May from a year earlier https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/adobes-cfo-departs-while-company-also-searches-new-ceo Fri, 12 Jun 2026 00:48:13 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/adobes-cfo-departs-while-company-also-searches-new-ceo The software maker’s Photoshop and other software have long been the standard for creative and marketing professionals https://www.businesstimes.com.sg/companies-markets/keppel-eyes-constrained-markets-next-frontier-data-centre-growth Thu, 11 Jun 2026 23:00:00 +0000 Young Zhan Heng Companies & Markets Telcos, Media & Tech /companies-markets/keppel-eyes-constrained-markets-next-frontier-data-centre-growth Its 25 MW floating data centre, set for operation in 2028, has secured 100% occupancy https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/spacex-ipo-draws-more-us70-billion-retail-orders Thu, 11 Jun 2026 13:48:49 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/spacex-ipo-draws-more-us70-billion-retail-orders The US$75 billion IPO would be the largest on record https://www.businesstimes.com.sg/international/meta-starts-unwinding-singapore-based-manus-deal-splitting-operations-data Thu, 11 Jun 2026 08:35:44 +0000 International Companies & Markets Global Telcos, Media & Tech /international/meta-starts-unwinding-singapore-based-manus-deal-splitting-operations-data Facebook’s owner has effectively put up a firewall between itself and the AI firm, which moved here in 2025 https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/alibabas-dingtalk-chief-departs-after-debate-erupts-over-ai-strategy Thu, 11 Jun 2026 07:50:22 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/alibabas-dingtalk-chief-departs-after-debate-erupts-over-ai-strategy Chen Hang left his role and will be replaced by technologist Chen Yusen https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/south-korea-fines-coupang-record-624-7-billion-won-data-leak Thu, 11 Jun 2026 03:47:23 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/south-korea-fines-coupang-record-624-7-billion-won-data-leak The e-commerce giant is widely popular in the country and is based in the US https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/oracles-ai-spending-blows-past-estimates-raising-worries-over-growing-debt Thu, 11 Jun 2026 02:29:30 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/oracles-ai-spending-blows-past-estimates-raising-worries-over-growing-debt Analysts highlight investor concerns over rising debt and negative free cash flow https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/microsofts-xbox-plans-significant-layoffs-it-transforms-under-new-ceo Wed, 10 Jun 2026 23:16:20 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/microsofts-xbox-plans-significant-layoffs-it-transforms-under-new-ceo The layoffs are expected shortly after the close of the company’s fiscal year on Jun 30, according to sources https://www.businesstimes.com.sg/international/global/asml-cut-fewer-jobs-planned-after-union-negotiations Wed, 10 Jun 2026 22:46:02 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/asml-cut-fewer-jobs-planned-after-union-negotiations Staff will be told if their roles are affected next month https://www.businesstimes.com.sg/international/half-americans-fear-ai-could-put-someone-their-household-out-work-reutersipsos-poll Wed, 10 Jun 2026 10:40:21 +0000 International Companies & Markets Telcos, Media & Tech /international/half-americans-fear-ai-could-put-someone-their-household-out-work-reutersipsos-poll Many of the announced job cuts have come at tech firms https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/south-koreas-sk-hynix-eyes-us-listing-soon-august-sources Wed, 10 Jun 2026 09:36:46 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/south-koreas-sk-hynix-eyes-us-listing-soon-august-sources In March, a source has said the offering could raise as much as US$14 billion https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/global-watchdog-calls-tighter-controls-agentic-ai-finance Wed, 10 Jun 2026 08:50:36 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/global-watchdog-calls-tighter-controls-agentic-ai-finance The FSB said autonomous AI introduces risks that can “materialise at great speed” https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/meta-partners-reliance-first-india-ai-data-centre Wed, 10 Jun 2026 08:50:02 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/meta-partners-reliance-first-india-ai-data-centre Mukesh Ambani’s Reliance will build a 168 megawatt (MW) data centre in Jamnagar that Facebook’s parent will lease https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/shopee-cuts-hundreds-developer-jobs-globally-during-pivot-ai Wed, 10 Jun 2026 07:37:48 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/shopee-cuts-hundreds-developer-jobs-globally-during-pivot-ai The reductions, which started this week, amount to about 8% of the company’s developer workforce https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/bizlink-buy-blackstones-singapore-based-interplex-us850-million Wed, 10 Jun 2026 07:18:22 +0000 Shikhar Gupta Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/bizlink-buy-blackstones-singapore-based-interplex-us850-million Interplex Datacom makes the components that form the physical architecture of AI server racks https://www.businesstimes.com.sg/international/global/tata-boss-predicts-ai-agents-will-replace-half-its-tech-jobs Wed, 10 Jun 2026 07:17:02 +0000 Global Companies & Markets International Telcos, Media & Tech /international/global/tata-boss-predicts-ai-agents-will-replace-half-its-tech-jobs It already has an agreement with OpenAI to build AI data centres https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/india-freezes-starlink-approvals-over-iran-war-security-concerns-spacex-ipo Wed, 10 Jun 2026 07:08:54 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/india-freezes-starlink-approvals-over-iran-war-security-concerns-spacex-ipo The delay highlights a risk investors may have overlooked https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/tsmcs-monthly-sales-rise-30-thanks-sustained-ai-chip-demand Wed, 10 Jun 2026 06:56:18 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/tsmcs-monthly-sales-rise-30-thanks-sustained-ai-chip-demand Revenue in May is NT$416.98 billion, with combined April and May sales up 24% from the year-ago period https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/xpeng-ceo-head-robot-unit-humanoid-mass-production-imminent Wed, 10 Jun 2026 05:57:28 +0000 Telcos, Media & Tech Companies & Markets /companies-markets/telcos-media-tech/xpeng-ceo-head-robot-unit-humanoid-mass-production-imminent The EV maker has set a goal of starting mass production of Iron robots by the end of 2026