🇸🇬 Shein valued at US$22 billion to US$25 billion ahead of IPO, Bloomberg Intelligence says
🇸🇬 The estimate is below the roughly US$30 billion valuation some investors have pushed for. Source: singapore-straitstimes Country: Singapore
Singapore
Corporate earnings, M&A, IPOs, and business developments from Singapore.
🇸🇬 Apple tests China’s CXMT memory chips for iPhones and MacBooks, WSJ reports
🇸🇬 It is holding early talks with the chipmaker, sources say Source: singapore-businesstimes Country: Singapore
🇸🇬 MetaOptics defers US dual listing on geopolitical uncertainty, market volatility
🇸🇬 The semiconductor optics firm may revisit an international dual listing when market conditions are supportive Source: singapore-businesstimes Country: Singapore
🇸🇬 South-east Asia views AI as less of a threat and more as a way to boost capabilities: Microsoft
🇸🇬 More AI users in region say they can produce work that they could not a year ago, compared with global peers Source: singapore-businesstimes Country: Singapore
🇸🇬 Berkshire accelerates buybacks, lowers cash stake as profit tops forecasts
🇸🇬 Quarterly operating profit rose 16% to US$12.98 billion, net income more than doubled to US$25.67 billion Source: singapore-businesstimes Country: Singapore
🇸🇬 Nvidia to invest up to US$3 billion in Stargate data centre developer Lancium: The Information
🇸🇬 The chipmaker will invest an initial US$2 billion for a roughly 20% stake in the company behind the Stargate data centre campus Source: singapore-businesstimes Country: Singapore
🇸🇬 Toyota RAV4 Hybrid review: Why this is more of an engineering masterpiece than an EV
🇸🇬 It’s practical and easy to live with, and it sips fuel. Are you excited yet? Source: singapore-businesstimes Country: Singapore
🇸🇬 Alibaba plans to charge big users of its next open-source AI model, sources say
🇸🇬 The plans show Chinese AI firms are converging on a business model as they push to take market share from their US rivals. Source: singapore-straitstimes Country: Singapore
🇸🇬 SGX has IPO pipeline of around 50 companies in various stages of readiness amid record results
🇸🇬 It reports a 7.8% rise in FY2026 net profit to S$698.4 million, driven by gains across all segments Source: singapore-businesstimes Country: Singapore
🇸🇬 AI is boosting UK productivity and harming jobs, says Bank of England
🇸🇬 The report provides early signs that UK firms are moving from experimentation to using AI as a driver of growth. Source: singapore-straitstimes Country: Singapore