Huang noted that China’s revenue contribution to Nvidia has been traditionally around 20% but it was hard to predict how much that would change with the new U.S. export restrictions. Separately, he ...
Singapore narrows 2023 growth forecast to around 1% on weak exports | Video
The Singapore economy is expected to grow by around 1 per cent in 2023, narrowing from a previous forecast range of 0.5 per cent to 1.5 per cent due to subdued external demand. Nadirah Zaidi reports.
Nvidia working with US to make sure new China chips adhere to export curbs – report
CEO Jensen Huang said the company is working closely with the U.S. government to ensure new chips for the Chinese market are compliant with U.S. export restrictions, Reuters reported. Last month, it ...
Singapore’s middle distillates dip slightly amid surging exports
Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.
Cambodia’s export to RCEP members sharply up in 10 months
Cambodia exported US$6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 per cent from the same period ...
NVIDIA making China-specific chips in compliance with US export restrictions
Jensen Huang, NVIDIA's CEO, confirmed their commitment to developing products complying with strict US regulations for exporting chips to China ...
Singapore releases national AI strategy 2.0, plans for 15,000 AI experts
Singapore released an updated version of its national AI strategy ... Meanwhile, the United States, one of the world’s top chip manufacturing hubs, has begun to tighten export controls targeting ...
GRAINS-Wheat steadies after slide with export demand in focus
Chicago wheat edged higher on Tuesday in a technical recovery from a day-earlier slide, with traders watching to see if recent price lows will stir export demand. Corn also steadied after a sharp fall ...
Singapore stocks rebound after two sessions of losses, with STI up 0.3%
Gainers outnumbered losers 339 to 223, with 820 million securities worth $717.6 million changing hands. Read more at straitstimes.com.
SocGen’s crypto arm lists stablecoin on exchange Bitstamp
Societe Generale’s digital asset arm has listed its stablecoin on European exchange Bitstamp. Read more at straitstimes.com.
Singapore, China reaffirm close ties, discuss cooperation in emerging areas
BEIJING] Singapore’s Deputy Prime Minister Lawrence Wong and Chinese Premier Li Qiang on Wednesday (Dec 6) discussed opportunities for bilateral cooperation in the digital economy, renewable and clean ...
Long queues at Johor Bahru checkpoint after power outage; Singapore says heavy traffic at Woodlands due to tailback
SINGAPORE: A power outage at a Johor Bahru checkpoint resulted long queues for travellers on Wednesday (Dec 6) morning. According to travellers on social media, the power outage at the Bangunan Sultan ...
Singapore MAS sets robust crypto framework for 2024
In a significant development for the cryptocurrency sector, the Monetary Authority of Singapore (MAS) has detailed its latest regulatory framework to enhance the governance and operational standards ...
Singapore retail sales dip in October, breaking 8-month streak
SINGAPORE - Retail sales in October dipped, breaking an eight-month streak of increases. Read more at straitstimes.com.
She made gods for 70 years: meet the matriarch of Singapore’s last handcrafted Taoist deity producer
Singapore grandmother Tan Chwee Lian carved warriors and Taoist gods for most of her life. She leaves intricate tasks to younger members of the family now, but still greets visitors to the workshop.
Singapore’s carbon tax hikes should be higher than planned to speed up action: MAS’ Menon
DUBAI] SINGAPORE’s carbon tax needs to go even higher to accelerate climate action to address global warming, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), said on ...