Fashion
The biggest startups raised a record amount in 2025, dominated by AI
The excitement around artificial intelligence led to a record year for certain types of fundraising. Silicon Valley’s AI companies secured record funding in 2025, even as investors advised startups...
This Long Beach studio is designing America’s cheapest EV truck
In an echoing Long Beach studio, an ambitious team of designers is trying to reinvent how electric vehicles are made. Slate Auto has assembled a team of EV engineers...
As gold hits records, Indians opt for bars and coins over jewellery
India’s gold demand fell 14 per cent year on year in the first nine months of 2025[MUMBAI] For nearly two decades, Mumbai homemaker Prachi Kadam marked every festive season...
SoftBank has completed its US$40 billion investment in OpenAI
It has been building one of the largest private technology investment programmes in the world, with a particular focus on AI and related infrastructure[BENGALURU] Softbank has completed its US$40...
Southern California has an unlikely AI mecca: the very industrial Vernon
Five miles south of downtown Los Angeles, a single industrial block in Vernon is drawing as much electricity as a small town.Inside a three-story, 242,000-square-foot building known as LAX01,...
China vows to stabilise grain, edible oil production in key meeting
Beijing seeks food security in the face of economic challenges and pressures from urbanisation[BEIJING] China must stabilise grain and edible oil production, improve grain varieties and enhance quality, state...
Meta acquires Singapore-based startup Manus to bolster AI business
[SAN FRANCISCO] Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to small and medium-sized businesses.The deal is...
SoftBank to buy DigitalBridge in US$4 billion deal to bolster AI infrastructure push
The investment firm funds digital infrastructure sectors such as data centres, cell towers, fibre networks and others[BENGALURU] SoftBank will acquire digital infrastructure investor DigitalBridge in a deal valued at...
Singapore stocks close lower amid silver rally; STI inches down 0.1%
[SINGAPORE] Singapore stocks ended lower on Monday (Dec 29), tracking a mixed regional performance, while silver climbed above US$80 an ounce.The benchmark Straits Times Index (STI) lost 0.1 per...
China to pay interest on digital yuan in bid to boost adoption
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclearCHINA is about to start paying interest on its official digital currency in a fresh...
