SoftBank’s Arm plans to set up chip training facility in South Korea

SoftBank’s Arm plans to set up chip training facility in South Korea

It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments [SEOUL] South Korea’s industry ministry and SoftBank’s chip unit, Arm, have signed an agreement to strengthen the country’s semiconductor and artificial intelligence (AI) sectors, presidential policy adviser Kim Yong-beom said on Friday (Dec 5). The memorandum of…

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Ikea to ramp up US production as tariffs bite 

Ikea to ramp up US production as tariffs bite 

The push for local production aims to support its expansion in the US, its second-biggest market, and the wider region [LONDON/STOCKHOLM] Ikea plans to source more products from factories in the United States, the Swedish furniture group’s top supply chain executive told Reuters, as US President Donald Trump’s tariffs drive up the cost of importing…

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Exclusive | Brian McKnight’s ex-wife blasts singer’s ‘heartbreaking’ choice not to tell dying son Niko ‘I love you’

Exclusive | Brian McKnight’s ex-wife blasts singer’s ‘heartbreaking’ choice not to tell dying son Niko ‘I love you’

Brian McKnight’s ex-wife was heartbroken to hear the singer refused to tell their son Niko “I love you” on his deathbed. “Those words should come easily, freely and often,” Julie McKnight told Page Six in an exclusive statement Friday. “And in Niko’s case, lying on his sick bed, fighting through pain, fear and uncertainty, he…

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Manulife Singapore launches AI hub to groom talent

Manulife Singapore launches AI hub to groom talent

It is among 11 financial institutions working with IBF and MAS to pilot workforce development initiatives alongside adoption of artificial intelligence [SINGAPORE] Manulife Singapore on Friday (Dec 5) launched its artificial intelligence (AI) centre of excellence, with plans to expand its AI capabilities by growing its talent pool. Manulife said that it will increase the…

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UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook

UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook

The company is well-positioned to benefit from potential growth in the fluorescence-guided surgery market, say UOBKH analysts [SINGAPORE] UOB Kay Hian (UOBKH) initiated coverage on medical technology company UltraGreen.ai with a “buy” call, citing its market dominance in supplying indocyanine green (ICG) used in surgical procedures, and potential for “strong earnings growth”. The brokerage assigned…

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China’s three major airlines extend refunds and Japan flight changes to March 2026

China’s three major airlines extend refunds and Japan flight changes to March 2026

[BEIJING] Three major Chinese airlines will offer refunds and charge-free changes to Japan-related flights until March 28 next year, state-owned news outlet Yicai reported on Friday (Dec 5), extending an existing policy set to expire at the end of 2025. China Eastern Airlines, Air China and China Southern Airlines made the announcements separately, allowing inbound,…

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Tech, S-Reits among 30 most traded non-STI stocks in H2 to date

Tech, S-Reits among 30 most traded non-STI stocks in H2 to date

[SINGAPORE] Tech stocks and Singapore real estate investment trusts (S-Reits) are among the 30 most traded stocks outside the blue-chip Straits Times Index, booking a combined S$214 million in average daily turnover (ADT) for the second half of 2025 to Dec 3. Around 15 per cent, or S$34 million, of the combined ADT over this…

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