• Super Micro forecasts sales of up to US$15.5 billion, topping rosiest projection

    The California-based firm benefits from surging demand for gear to train and run AI tasksPublished Wed, Aug 12, 2026 · 12:49 PM[SEATTLE] Super Micro Computer gave a revenue forecast for the current quarter that topped analysts’ estimates, a sign the booming artificial intelligence market continues to bolster sales of the company’s servers. Revenue will be US$14.5 billion to US$15.5 billion for the period ending in September, the company said on Tuesday (Aug 11) in a statement.Profit, excluding some items, will be US$1.01 to US$1.10 a share.Analysts polled by Bloomberg projected sales, on average, of US$12 billion, and profit of US$0.74. The…

Business

  • South Korea Revives Its Crypto Tax Plan. Parliament Will Decide Whether It Survives

    South Korea is once again preparing to tax cryptocurrency profits, setting up another political battle over investor protection, overseas trading and the future of digital asset regulation. The proposal would impose a 20% national tax on annual crypto gains exceeding 2.5 million won (about $1,740), with an additional local income…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Dunearn House sells 56% of 380 units at average of S$3,140 psf at launch

    A total of 212 of the 380 flats have been sold, with all three-bedders fully taken up [SINGAPORE] New residential project Dunearn House, a Frasers Property-led development in the upcoming Turf City precinct, sold 56 per cent of its 380 units at its weekend launch, with analysts divided on the…

World

  • China exports 20% fewer magnets to US despite trade truce

    Customs data show shipments stabilising in 2026, but still well below levels seen before curbs were introduced Published Mon, Jul 20, 2026 · 03:13 PM CHINA’S shipments of rare earth magnets to the US remain well below pre-trade war levels despite 2025’s truce, underscoring concerns in the Trump administration about…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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