News & Analytic Centre

New Nvidia AI Chips Overheating in Servers, Information Reports

Reuters Nvidia39;s new Blackwell AI chips, which have already faced delays, have encountered problems with accompanying servers that overheat, causing some customers to worry they will not have enough time to get new data centers up and running, the Information reported on Sunday. The Blackwell graphics processing units overheat when connected together in server racks designed to […]
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Alibaba Aims to Raise 5B in Dual Currency Bond Deal, Sources

SYDNEY, Nov 18 Reuters China39;s biggest ecommerce company Alibaba Group is aiming to raise 5 billion in multitranche dollar and offshore Chinese yuan bonds, according to two sources with direct knowledge of the matter. The company confirmed plans for bond fundraising in a regulatory filing on Monday but said the size, interest rate and maturity would […]
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Crypto Exchange OKX Launches Singapore Dollar Funds Transfer Service for Local Customers

SINGAPORE, Nov 18 Reuters Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollardenominated deposits and withdrawals to customers in the citystate, taking a step toward deeper integration with Singapore39;s traditional financial system as trading and interest in cryptocurrencies surge. The funds transfer service will be facilitated by Singapore39;s biggest bank DBS Group and […]
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Australias Competition Watchdog Begins Review of VocusTPG 3.4B Deal

Nov 18 Reuters Australia39;s competition regulator said on Monday it is seeking views on the Macquariebacked telecommunications group Vocus39; A5.25 billion 3.39 billion takeover of local telecom operator TPG Telecom39;s enterprise, government, and wholesale EGW fixed business and fibre network assets. The Australian Competition and Consumer Commission ACCC said it is seeking views from interested parties on […]
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UK Creates new Businesses at Slowest Rate since 2010

LONDON, Nov 18 Reuters Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longerterm economic growth and productivity, according to official data published on Monday. The number of new businesses started in the United Kingdom fell to 316,000 in 2023 from 337,000 in 2022, the Office for […]
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