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The Straits Times - Get latest breaking news, business, sports, lifestyle, tech & multimedia and more news in Singapore, Asia & rest of the world at straitstimes.com. The Straits Times - Get latest breaking news, business, sports, lifestyle, tech & multimedia and more news in Singapore, Asia & rest of the world
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News
Tech firms hit by AI slowdown call with Fed expected to hike rates
3+ hour, 48+ min ago (647+ words) The Federal Reserve is expected to increase borrowing costs on Sept 16 as it tries to combat stubbornly high inflation. Published Sep 14, 2026, 12:02 PM HONG KONG – Tech firms tumbled on Sept 14 after leaders of companies at the forefront of the artificial intelligence…...
South Korea ramps up spy law to protect chip secrets from China
3+ day, 6+ hour ago (822+ words) Government and industry reports have sounded the alarm that China may overtake South Korea in terms of chips prowess, which has become central to the latter’s economy. Published Sep 11, 2026, 09:09 AM South Korea is tightening its defences against industrial espionage with…...
Malaysian data centres guzzle more power as temperatures soar
5+ day, 23+ hour ago (280+ words) Published Sep 08, 2026, 03:12 PM Updated Sep 08, 2026, 03:17 PM KUALA LUMPUR, Sept 8 - Malaysia's data centres are consuming more power as temperatures rise, leaving a 9 gigawatt gas-fired capacity gap for the government to fill by 2032, officials said on Tuesday. The share of data centres…...
ST Headstart: Investing in the US market - what you need to know
6+ day, 7+ hour ago (268+ words) A few years ago, I was interviewing retired F1 champion Nico Rosberg when he told me he invests in the S&P 500 – an index that tracks the 500 largest companies in the US. That piqued my interest and I ended up entering…...
AI strategies must protect workers, not just profits, says tech boss
1+ week, 2+ hour ago (910+ words) Published Sep 07, 2026, 11:56 AM Updated Sep 07, 2026, 12:05 PM SINGAPORE - While boardroom conversations about artificial intelligence (AI) have focused largely on its potential to lift productivity and profits, companies must also confront a more consequential question: What happens to the workers whose jobs…...
US jobs surge in August, unemployment rate holds steady
1+ week, 2+ day ago (624+ words) Non-farm payrolls in the US surged by 162,000 jobs in August, beating forecasts. Published Sep 04, 2026, 09:12 PM Updated Sep 04, 2026, 10:50 PM WASHINGTON – US jobs growth accelerated sharply in August while the unemployment rate held steady at 4.1 per cent, pointing to a still-stable labour…...
More Singapore firms plan to freeze or moderate wages and boost AI focus in 2027: SNEF
1+ week, 3+ day ago (594+ words) Rising manpower costs and continued uncertainty over the business outlook are pushing companies to be more cautious. Published Sep 03, 2026, 01:30 PM Updated Sep 03, 2026, 04:41 PM SINGAPORE – More employers in Singapore are planning to freeze salaries or give smaller wage increases in 2027 compared…...
South Korea utility proposes Samsung pays $18 billion in advance for power, paper says
1+ week, 4+ day ago (182+ words) Published Sep 03, 2026, 02:37 PM SEOUL – Korea Electric Power Corporation (KEPCO) has proposed Samsung Electronics pay 20 trillion won (S$18.69 billion) in advance for power lasting until 2031 to help fund the expansion of its grid, the Chosun Ilbo reported on Sept 3. It has…...
What keeps your bus rides safe and on time? A look at technologies behind the wheel
1+ week, 4+ day ago (1726+ words) SMRT Buses’ new Bus 4.0 initiative includes an operations centre that uses real-time data and AI to help reduce harsh braking and long wait times SMRT bus captain Saifulnizam bin Kasim, 42, says his priority on every shift is the safety of…...
South Korea proposes record $761b 2027 budget to supercharge AI investment
1+ week, 5+ day ago (577+ words) The proposal signals a shift in Asia’s fourth-largest economy under South Korean President Lee Jae-myung. Published Sep 01, 2026, 03:24 PM Updated Sep 01, 2026, 04:14 PM SEOUL - South Korea on Sept 1 unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for…...