Vivian Balakrishnan, Singapore's foreign affairs minister, during the United Nations General Assembly (UNGA) in New York, US, on Saturday, Sept. 27, 2025. The United Nations General Assembly, which opened Tuesday, brings more than 150 world leaders and their entourages into Midtown - a convergence that has been compared to hosting the Super Bowl every day for a week, across an entire neighborhood....
Vivian Balakrishnan, Singapore's foreign affairs minister, during the United Nations General Assembly (UNGA) in New York, US, on Saturday, Sept. 27, 2025. The United Nations General Assembly, which opened Tuesday, brings more than 150 world leaders and their entourages into Midtown - a convergence that has been compared to hosting the Super Bowl every day for a week, across an entire neighborhood. Photographer: David Dee Delgado/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Should a war break out between China and the U.S. in the Pacific, "what you are seeing in the Strait of Hormuz will be a dry run," Singapore Foreign Minister Vivian Balakrishnan said Wednesday. Balakrishnan made the remarks at CNBC's CONVERGE LIVE event in Singapore, responding to a question on whether the city-state was facing any pressure from Washington and Beijing to choose between the two. Singapore has relationships with both the countries, and is uniquely positioned to take advantage of developments in the U.S. and China, Balakrishnan told CNBC's Steve Sedgwick. Singapore will "refuse to choose" one over the other, he added. "The way we conduct our affairs is we assess what is in Singapore's long term national interests, and if I have to say no to Washington or Beijing or anyone else, we don't flinch from that." "We are acting in our own long term national interest. We will be useful, but we will not be made use of," he added. 'Choke points matter' Separately, Balakrishnan also said that said the conflict in the Middle east had shown that "chokepoints matter," pointing out that Singapore also sits astride one of the world's critical trade arteries in the form of the Strait of Malacca. At its narrowest point, the Strait of Malacca is two nautical miles, compared to 21 nautical miles for the Strait of Hormuz. The minister was also asked if the actions of Iran in trying to extract tolls from ships passing the Strait of Hormuz would be have other countries thinking of also co...
Vietnam’s ride-hailing taxi Green & Smart Mobility JSC , which is owned by the country’s richest man, plans an initial public offering in the second half of 2028, according to founder Pham Nhat Vuong . The pre-IPO process for GSM will start to be implemented in the next two to three months, Vuong said at Vingroup JSC ’s shareholders’ meeting in Hanoi. GSM is 95% owned by Vuong, who is chairman of ...
Vietnam’s ride-hailing taxi Green & Smart Mobility JSC , which is owned by the country’s richest man, plans an initial public offering in the second half of 2028, according to founder Pham Nhat Vuong . The pre-IPO process for GSM will start to be implemented in the next two to three months, Vuong said at Vingroup JSC ’s shareholders’ meeting in Hanoi. GSM is 95% owned by Vuong, who is chairman of Vingroup. Read More: Vietnam’s GSM Weighs Overseas IPO, Eyes $20 Billion Market Value
In recent days, reports indicated that Alphabet’s Google is in advanced talks with Marvell Technology to co-develop two custom AI chips, a memory processing unit to work alongside Google’s tensor processing units and a new TPU tailored for inference workloads, potentially deepening Marvell’s role in hyperscale data center infrastructure. This potential collaboration with Google, alongside existing...
In recent days, reports indicated that Alphabet’s Google is in advanced talks with Marvell Technology to co-develop two custom AI chips, a memory processing unit to work alongside Google’s tensor processing units and a new TPU tailored for inference workloads, potentially deepening Marvell’s role in hyperscale data center infrastructure. This potential collaboration with Google, alongside existing relationships with other major cloud providers and Nvidia’s ecosystem investment, highlights...