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TSMC Q1 profit beats estimates amid surge of AI chip demand
Taiwanese semiconductor giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024, buoyed by global demand for its microchips used to power everything from mobile phones to AI technology. Roland Lim breaks down t
Dubai floods: Heavy rain causes chaos in city
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Fierce storms have led to floods in Dubai, causing significant damage to homes and businesses. Flights have also been delayed or diverted at Dubai International Airport, which is one of the world's busiest.
Lawrence Wong to take over as Singapore Prime Minister on May 15
Mr Lawrence Wong will become Singapore's Prime Minister on May 15, taking over from Mr Lee Hsien Loong, who took office in 2004.
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Sydney mall stabbing: Witnesses describe attacker shot dead by police
A knife-wielding man who fatally stabbed six people in a Sydney mall was shot dead by police on Saturday (Apr 13). Eyewitnesses at the busy Westfield Bondi Junction shopping centre described hearing gunshots as people rushed to take shelter in shops. Read
10 years on, Chinese families of missing MH370 passengers continue seeking answers
It's been nearly a decade since Malaysia Airlines Flight 370 disappeared while en route from Kuala Lumpur to Beijing. More than 150 passengers out of 239 onboard were Chinese nationals. 10 years on, some families of the Chinese passengers remain unbowed in
How MH370's disappearance prompted changes in Malaysia's aviation sector
It's been almost a decade since the disappearance of Malaysia Airlines Flight 370. The tragedy has prompted several changes in industry practices and greatly impacted the national carrier. For one, a multi-million dollar facility next to Kuala Lumpur Inter
Malaysia says willing to reopen search for missing MH370 plane
Malaysian Prime Minister Anwar Ibrahim said the country is willing to reopen the probe of missing MH370. It's been nearly a decade since the Boeing 777 -- which was travelling from Kuala Lumpur to Beijing -- disappeared with 239 people onboard, prompting t
Edwin Tong on the deal that brought Taylor Swift to Singapore
How much did Singapore pay to be the only regional stop for Taylor Swift's Eras Tour? "Nowhere as high" as reports have suggested, Minister for Culture, Community and Youth Edwin Tong told CNA in an interview on Friday (Mar 1). Thai Prime Minister Srettha
Analysts estimate 'Swiftonomics' will drive millions in revenue for Singapore
According to analyst estimates, millions of dollars in revenue will be generated across various industries from Taylor Swift's sold-out concert in Singapore. Some firms have been tailoring their products to cater to fans and they have reported a 20% jump i
Singapore's GDP growth at 1.1% in 2023, forecast for 2024 maintained at 1-3%
Singapore's economy grew by 1.1 per cent in 2023, slightly missing initial estimates of 1.2 per cent and slower than the 3.8 per cent expansion the previous year. Still, the Trade and Industry Ministry maintained its GDP outlook for 2024, forecasting growt
Sumit Agarwal and Shalini Mittal on impact of possibly more births in Dragon Year
Prime Minister Lee Hsien Loong has hinted at more support measures in the pipeline for families and couples looking to be parents. With the Dragon Year soon to come, CNA spoke to Sumit Agarwal, Professor of Finance, Economics and Real Estate at NUS Busines
Freedom of maritime navigation "non-negotiable" for global trade: Vivian Balakrishnan
Foreign Affairs Minister Vivian Balakrishnan has said that there is no substitute for maritime shipping and therefore maintaining the right of freedom of navigation remains absolutely essential. Dr Balakrishnan was addressing high-level delegates at the In
Singapore's economy expected to perform better this year compared to 2023: PM Lee
Speaking on the sidelines of a visit to Ng Teng Fong Hospital, Prime Minister Lee Hsien Loong said Singapore’s economy will perform better this year than in 2023, despite global uncertainties. Authorities had earlier predicted a full-year GDP of between on
PM Lee calls on opposition to bring their plans of how to use Singapore’s reserves to ballot box
If any political party thinks Singapore should dip more into its financial reserves, they should “bring it to the ballot box”, Prime Minister Lee Hsien Loong said during a parliamentary debate on Wednesday (Feb 7).
Workers' Party chief Pritam Singh asks PM Lee questions on Singapore's reserves and leasehold land
In parliament on Wednesday (Feb 7), Prime Minister Lee Hsien Loong responded to clarifications sought by Leader of the Opposition Pritam Singh on topics including whether the opposition had changed their tune on the withdrawal of the reserves, the Net Inve
Tech CEOs from Meta, X, TikTok testify at US Senate child safety hearing
CEOs from five of the biggest technology companies testified before the Senate Judiciary Committee on Jan 31 about children’s safety online. The CEOs are Meta’s Mark Zuckerberg, X's Linda Yaccarino, TikTok’s Chew Shou Zi, Snap’s Evan Spiegel and Discord's
Nations should not suspend UNRWA funding despite allegations, says analyst
Allegations that some members of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) were involved in the Oct 7 Hamas attack on Israel are not reason enough to suspend the agency’s funding, says senior politics and international lectu
Hong Kong court orders embattled Chinese developer Evergrande to liquidate
Chinese property developer Evergrande has been ordered to liquidate, after it failed to convince Hong Kong's high court that it is moving forward with its restructuring plan. Trading in Evergrande shares suspended in Hong Kong, after plunging 21% ahead of