The Merlion statue at night, juxtaposed against the skyscrapers of Singapore's central business districtImage source, Bloomberg via Getty Images
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Singapore has painstakingly cultivated a reputation as an open, business-friendly economy

ByTessa Wong and Osmond Chia, Reporting fromSingapore
  • Published39 minutes ago

A major scandal involving Nvidia founder Jensen Huang and a suspected Chinese spy based in Singapore has cast a spotlight on the city-state's success as a global chip hub - and a location for alleged illicit trade.

On Thursday, Huang stepped down from the US chip giant after admitting he had an affair. He was reportedly involved with a woman named Alice Huang, who ran Singaporean data centre company Megaspeed, a major buyer of Nvidia's chips.