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The high-rise apartments — some with panoramic views of Singapore’s tropical cityscape — are airy, light-filled and spacious enough to comfortably raise a family. They are also public housing units, and for decades, were emphatically affordable, giving Singapore an enviable rate of homeownership.
China has a housing problem. A very big one. It has nearly four million apartments that no one wants to buy, a combined expanse of unwanted living space roughly the area of Philadelphia.
Samsung Electronics' latest high bandwidth memory (HBM) chips have yet to pass Nvidia's tests for use in the U.S. firm's AI processors due to heat and power consumption problems, three people briefed on the issues said.
Bhutan's governing philosophy of "Gross National Happiness" has been heralded the world over for balancing economic growth with the well-being of its citizens.
The Philippine Foreign Affairs Department said on its website last Friday that Manila would purchase five patrol vessels from Japan, to be delivered between 2027 and 2028, and the purchase underscored the two countries’ “unwavering commitment to enhance our maritime safety capabilities for the benefit of our nation and the broader maritime community”.
In May 2023, Amazon CEO Andy Jassy was asked by an attendee at the annual shareholder meeting how the company was innovating in generative artificial intelligence. OpenAI's ChatGPT had gone viral, and the major tech companies were all rushing products out the door to compete in the emerging world of chatbots and image generators.
STRESA, Italy -- As Group of Seven finance ministers and central bank governors meet in Italy from Thursday, a major topic is the fragmentation of world trade, a problem that U.S. and Europe blame partly on overproduction in China.
TOKYO -- Mitsubishi Electric and auto parts supplier Aisin plan to set up a joint venture for electric and hybrid vehicle components, Nikkei has learned, leveraging their combined scale for more efficient research and development as price competition intensifies.