Author: Admin
Multi-billion dollar deals between AI firms and computer chipmakers are expected to strengthen top semiconductor equipment maker ASML’s outlook when it reports third-quarter earnings on Wednesday. Investors and analysts expect to see evidence that customers of the Dutch firm, such as TSMC and SK Hynix, are stepping up plans to expand capacity in 2026 and beyond.Expectations are high following a 32 per cent run-up in ASML shares since September 2, against a 15 per cent rise in the benchmark Philadelphia Semiconductor Index in the same period.HOPES FOR AI DATACENTER EXPANSION FUEL CHIP MARKET RALLY In July, ASML management said it was…
Talks on a preferential tariff arrangement for Singapore’s pharmaceutical exports to the US continue, says Minister of State for Trade and Industry[SINGAPORE] Many pharmaceutical companies are waiting for confirmation from the US administration on whether their expansion plans qualify them for tariff exemptions, Minister of State for Trade and Industry Gan Siow Huang said in Parliament on Tuesday (Oct 14).On Sep 25, the US announced a 100 per cent tariff on branded or patented pharmaceutical products with effect from Oct 1, unless companies are building manufacturing plants in the US.“The implementation of this tariff has since been delayed to allow…
Blake Snell allowed the minimum through eight innings. The Dodgers’ wobbly bullpen allowed the maximum it could to still preserve his lead in the ninth. And after the Brewers swept the season series against the Dodgers, the reigning champions demonstrated that the postseason is a different entity as they narrowly escaped a bases-loaded jam to end Game 1 of the National League Championship Series with a 2-1 victory in Milwaukee. Here are my takeaways:1. Blake Snell untouchable again in a flawless performance All six regular season games between the Dodgers and Brewers this year — each of them Milwaukee wins — came in…
[KUALA LUMPUR] Shares of Genting and Genting Malaysia (Genm) rallied on Tuesday (Oct 14), becoming among the most actively traded stocks on Bursa Malaysia. This is after the leisure and gaming group announced plans to take Genm private in a RM6.7 billion (S$2.1 billion) deal.Trading resumed after Monday’s suspension, with both counters posting sharp gains in early dealings. GENM opened 9.8 per cent higher at RM2.35 from its previous close of RM2.14, briefly rising to RM2.36 before easing to RM2.31. More than 119 million shares changed hands within the first hour of trade.Parent company Genting climbed nearly 5 per cent…
The bank hopes to develop rather than displace jobs as it upskills its workforce across South-east Asia [SINGAPORE] Ivan Aw’s first three months in his new role at UOB Private Bank were, in his own words, a “bruising” experience.After spending more than a decade in personal financial services at UOB, he felt like he was starting from scratch, having stepped into the world of private banking and swapping familiar playbooks for a role with new jargon, ultra-high-net-worth clients and bespoke products.“Growth often starts with discomfort,” recalled Aw, now vice-president of segment insights and digital engagement at UOB Private Bank. “What…
The Philadelphia Eagles held the top spot in these rankings for the first four weeks of the season, but now it looks like the pole position could be a revolving door.None of the top 10, to be perfectly honest, look unequivocally like the best team in football. A case can be made for each one of them to end up as the best. You could just put the names in a hat, shake them up and make a strong argument for pulling them out in almost any order.I’m not saying that’s what I did. All I’m saying is … well,…
BENGALURU :Alphabet Inc’s Google will invest $10 billion to set up a massive data centre and artificial intelligence hub in Andhra Pradesh, officials from the southern Indian state said, marking its biggest such investment in the South Asian nation.Google will build a 1-gigawatt data centre campus in the port city of Visakhapatnam, combining AI infrastructure, large-scale energy sources, and an expanded fibre-optic network, according to a statement from the state government.A formal agreement is expected to be signed on Tuesday.The move comes amid intensifying competition among big tech companies, which are spending heavily on building new data centre infrastructure to…
The confrontation embodies a broader reality: Interdependence no longer guarantees stability – it guarantees leverageTHE autumn of 2025 marked a turning point in US-China relations. On Oct 9, China’s Ministry of Commerce announced sweeping export restrictions on rare earth elements (REEs), magnets, and related technologies vital to electric vehicles, semiconductors and defence systems. The new rules – to be implemented in phases on Nov 8 and Dec 1 – apply not only to materials mined in China but also to foreign-made products containing more than 0.1 per cent Chinese-origin REEs or manufactured using Chinese technology.President Donald Trump condemned the move as…
Children’s emotional pain isn’t always obvious. Sometimes it sounds like “I’m fine,” even in kids too young to explain what they feel. Dr. Byron McClure, Director of Innovation at 7 Mindsets, offers clear guidance on how to stay present, ask direct questions, and recognize when a child may need more support. He breaks down what parents often miss and how to act before distress turns into crisis. How to spot signs of mental distress in your children before they begin to escalate. BHM: How can parents stay present when a child insists, they’re fine? Dr. McClure: Stay close without pushing.…
Jorge Polanco spoke with John Smoltz about his amazing batting performance in the Seattle Mariners win over the Toronto Blue Jays in Game 2 of the ALCS.