Over-the-air tech in vehicles poses cybersecurity risks

A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters The automotive industry’s increasing use of over-the-air technology to update vehicle systems makes it more susceptible to cyberattacks, analysts say, urging more intervention in the…

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UMC starts mass production in Singapore; Citi sees improving outlook

Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Taiwan’s second-largest contract chipmaker, United Microelectronics Corporation (UMC), announced Tuesday its first mass-produced silicon photonics wafers manufactured within its Singapore facility. UMC is aiming to address the growing demand for high-speed…

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Singapore’s economy expands 5.7% in the second quarter, beating expectations

Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore’s economy expanded 5.7% in the second quarter, topping market expectations, on the back of strong growth in the manufacturing sector. Growth was higher than the 5.5% expected by economists polled…

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crypto, defense, AI, European luxury names

Temasek Holdings Pte Ltd. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 16, 2023. The festival runs through Nov. 17. Lionel Ng | Bloomberg | Getty Images Nagi Hamiyeh, president of Temasek Global Investments, said crypto investment is “still off the table” for the company as it strives to move past a…

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AI demand fuels investors’ portfolios while oil posts biggest monthly decline

An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April 15, 2026. Bloomberg | Bloomberg | Getty Images Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Artificial intelligence remains the market’s favorite, with investors continuing to rotate…

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Firms move operations from Singapore to Malaysia

A general view of the bumper to bumper traffic as vehicles are seen crossing into Singapore a day ahead before Malaysia closes its borders at the causeway bordering Malaysia’s southern state of Johor Bahru and Singapore on March 17, 2020 in Singapore. Suhaimi Abdullah | Getty Images A raft of companies has been shifting operations…

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