Posts by Liam Redmond
Singapore launches first EV fast-charging hub within an HDB car park at Tengah
The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output [SINGAPORE] National power company SP Group and EV-Electric Charging debuted the first electric vehicle (EV) fast-charging hub within an HDB car park on Saturday (May 16). EV-Electric Charging is the unit of Land Transport Authority…
Read MoreDayOne plans dual IPO in Singapore and US, FT reports
Published Sun, May 17, 2026 · 01:22 PM GLOBAL data centre operator DayOne, affiliated with China’s GDS Holdings, is planning to list simultaneously in Singapore and the US in a move that is set to raise US$5 billion, the Financial Times reported on Sunday (May 17). Reuters could not immediately confirm the report. DayOne did…
Read MoreDayOne considering dual IPO in Singapore and US, FT reports
Reuters reported in February that DayOne planned to raise US$5 billion in a US IPO that could value the company at US$20 billion Published Sun, May 17, 2026 · 01:22 PM — Updated Sun, May 17, 2026 · 06:30 PM GLOBAL data centre operator DayOne is considering a dual initial public offering in Singapore and the…
Read MoreSouth Korea says it will pursue all options to avoid Samsung strike
Published Sun, May 17, 2026 · 12:24 PM [SEOUL] South Korea will pursue all options, including emergency arbitration, to avoid a labour strike at the country’s biggest employer Samsung Electronics and to minimise any damage if one does occur, its prime minister said on Sunday (May 17). The world’s largest memory chip maker and its…
Read MoreBond sell-off threatens to knock AI stock frenzy off course
The bond market looms large in stock investors’ peripheral vision as the main threat to equities Published Sun, May 17, 2026 · 11:53 AM INVESTORS are fervently chasing the hot rally in tech and AI stocks while widely acknowledging that rising yields threaten to knock equities off course. The assessments from Bloomberg News interviews with…
Read MoreTata Electronics and ASML partner on India’s first semiconductor fab
India has pledged billions of dollars in subsidies to attract semiconductor-related plants Published Sun, May 17, 2026 · 09:54 AM TATA Electronics and ASML on Saturday signed an agreement to build India’s first front-end semiconductor fabrication plant in the state of Gujarat, as the country accelerates efforts to develop a domestic chip industry. The Dutch…
Read MoreTesla raises prices of Model Y cars in the US for the first time in two years
Published Sun, May 17, 2026 · 09:34 AM TESLA raised the prices of its Model Y cars in the United States on Saturday, according to its website. The company increased the price of its Model Y premium all-wheel drive and Model Y premium rear-wheel drive by US$1,000 to US$49,990 and US$45,990 respectively. The company also raised…
Read MoreStarbucks to open first corporate office in India for tech jobs
Published Sat, May 16, 2026 · 03:21 PM [NEW YORK] Starbucks is planning to open a technology office in India as the coffeehouse chain seeks to cut US$2 billion in costs. The new hub is slated for the company’s fiscal year 2027, which starts in October, according to a message sent to workers and seen…
Read MoreArm Holdings to face US antitrust probe over chip tech
The FTC investigation is the latest escalation in a global fight between the companies Published Sat, May 16, 2026 · 02:40 PM [SAN FRANCISCO] Arm Holdings is facing an antitrust investigation by the US Federal Trade Commission (FTC) over the UK company’s licensing of its semiconductor technology, part of ongoing global scrutiny of the business,…
Read MoreSpaceX holders sign off on 5-for-1 stock split ahead of IPO
Published Sat, May 16, 2026 · 02:05 PM [NEW YORK] SpaceX notified investors that it is executing a 5-for-1 stock split, a move that will reduce the price investors will pay for each share offered in its impending initial public offering. Shareholders were notified in an e-mail that the current fair market value per share…
Read MoreVinFast seeks to shed most debt with Vietnam factory spinoffs
Published Sat, May 16, 2026 · 01:35 PM VINFAST Auto said that its planned sale of two Vietnamese factories will enable the electric vehicle maker to shed about 182 trillion dong (S$8.8 billion) in debt and obligations while potentially speed its path towards profitability. “After restructuring, VinFast will essentially be debt-free, with only a small…
Read MoreConsumers sue Amazon for not refunding Trump tariff costs
The lawsuit asserts claims of unjust enrichment and violation of Washington state’s consumer-protection law Published Sat, May 16, 2026 · 12:57 PM [BOSTON] Amazon.com was sued on Friday (May 15) by consumers seeking refunds for costs passed on to them in the form of higher prices as a result of tariffs the US Supreme Court…
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