What especially shook investors was the prospect that China may have closed the tech gap with the United States in AI and especially DeepSeek’s claim that it developed R1 for just $5.6 million—a far ...
Analysts warned that companies in the artificial intelligence (AI) ecosystem – including in Singapore – could be hit after the rise of Chinese AI firm DeepSeek caused a meltdown in US tech stocks.
Keppel REIT is in good financial health. As of Dec. 31, 2024, gearing of 41.2% is well below the 50% regulatory limit. This implies that asset values need to fall 17% in order to breach this limit, ...