Singapore
Ray Dalio warns a severe U.S. supply-demand debt problem could lead to ‘shocking developments’
Bridgewater founder Ray Dalio on Wednesday warned that a “very severe” supply-demand problem regarding U.S. debt. “The first thing is the debt issue, we have a very severe supply-demand problem,” Dalio told CNBC’s Sara Eisen at CONVERGE LIVE in Singapore. Dalio, who was speaking on the same panel as Salesforce CEO Marc Benioff, said this […]
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Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years. The cloud software giant said the investment is designed to accelerate the […]
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CONVERGE LIVE updates: Ray Dalio, Marc Benioff and Alibaba’s Tsai to talk AI, markets and more
Tourists visit the Jewel Changi Airport in Singapore on Sept. 7, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images SINGAPORE — Welcome to CNBC’s live blog on the first day of CONVERGE LIVE in Singapore, where global business leaders, investors and key policymakers will share ideas about what it means to innovate […]
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CNBC Daily Open: U.S. markets tumble as Trump administration dismisses economic fears and stock slump
U.S. President Donald Trump pumps his fist after deboarding from Air Force One upon arrival in West Palm Beach, Florida, U.S., March 7, 2025. Kevin Lamarque | Reuters CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will […]
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CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors […]
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Singapore looks to AI to help manage the health of its fast-aging population
A mural depicting Samsui women in Chinatown in Singapore. Edwin Koo | Getty Images From listening devices that detect falls to “patient sitter” systems in hospitals and robots helping with exercise in care homes, Singapore is looking to artificial intelligence to help manage the health of its elderly population. By 2030, a quarter of Singaporeans […]
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Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister
Nvidia’s headquarters on Feb. 26, 2025, in Santa Clara, California. Justin Sullivan | Getty Images Malaysia said it will take “necessary action” against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. That comes after Singapore Law and Home […]
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Nvidia’s unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025. Steve Marcus | Reuters Alarm bells went off in 2024 when Singapore unexpectedly emerged as Nvidia’s second-largest revenue source. The disclosure fueled widespread speculation that Nvidia’s artificial intelligence chips were […]
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Servers used in Singapore fraud case may contain Nvidia chips, minister says
Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia’s advanced chips, a government minister said on Monday. Nurphoto | Nurphoto | Getty Images Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia’s advanced chips, a government minister said on Monday. Singapore last week charged three men with fraud in a case local media […]
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A third of trucks leaving Singapore’s ports were empty — AI helped cut that number in half
Singapore’s trucking industry has long been weighed down by manpower shortages, high operational costs and wasted trips. Here’s how artificial intelligence helped change that. Efficiency should be everything at one of the world’s busiest shipping hubs. And yet, for years, Singapore’s haulier industry has been weighed down by manpower shortages, high operational costs and wasted […]
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