Crypto fuels drone purchases in Russia and Iran, report says
March 30 : Groups linked to Russia and Iran are increasingly using cryptocurrency to finance the purchase of low-cost military drones and components, according to a new report from blockchain analytics firm Chainalysis.Commercially available drones have become central to conflict in Ukraine and the ...
Bangladesh seeks US waiver to import Russian diesel as energy crisis deepens
DHAKA, March 30 : Bangladesh has approached the U.S. seeking a temporary sanctions waiver to allow import of Russian diesel, officials said on Monday, as Middle East turmoil disrupts global energy markets and strains fuel supplies.Dhaka has requested a waiver similar to the one granted to India, pro ...
India approves over $750 million in projects for electronic component manufacturing
NEW DELHI, March 30 : India on Monday approved 29 proposals from various companies under its electronics component manufacturing program, with a total investment of 71.04 billion rupees ($751.21 million), the Electronics and Information Technology Ministry said.India has launched a series of incenti ...
Air Canada CEO Michael Rousseau to quit after furor about crash condolence video
Quebec’s National Assembly votes 92-0 to demand Rousseau’s resignation
Voyager, Icarus Robotics to test free-flying robot on space station
March 30 : Space-tech firm Voyager Technologies has secured a mission management contract with robotics startup Icarus Robotics to demonstrate a free-flying robotic system on the International Space Station (ISS), the companies said on Monday. NASA has been pushing for more private-sector activity i ...
Wall Street opens higher after selloff, Middle East in focus
[NEW YORK] Wall Street’s main indexes opened higher on Monday (Mar 30) after logging declines in the previous session, following President Donald...
Events manager Kin Productions lodges preliminary prospectus for Catalist IPO
Ranamita Chakraborty - The group intends to expand its business operations with its IPO proceeds
Microsoft unveils AI upgrades, rolls out Copilot Cowork to early-access customers
March 30 : Microsoft on Monday unveiled new features in its Copilot research assistant that would allow users to utilize multiple AI models simultaneously within the same workflow, the latest move by the tech giant to improve its AI offering and boost adoption. In a new feature called "Critique ...
Malaysia tourism hit by fuel shock; tour prices may jump 50%
Tan Ai Leng - Cancellations, rising diesel costs and weak demand leave industry players facing mounting pressure
Trump threatens Iran energy sites if no deal reached on war
This is Trump’s latest threat against Iran to allow shipping through the Hormuz Strait
India proposes making government advisories legally binding on tech giants
(Story refiles to fix day in first paragraph to Monday from Tuesday)BENGALURU, March 30 : India on Monday proposed changes to its IT law to make advisories and clarifications legally binding on internet platforms such as Meta, Google and X, the latest in a string of stricter compliance requirements ...
Nvidia’s price-to-earnings ratio sinks to 7-year low as war and AI angst weigh
This suggests that its shares are a bargain, but is tied to uncertainty that has shaken investors’ confidence
Amova emerges as substantial shareholder of Valuetronics after adding more shares at 88.7 cents each
The Edge Singapore - Amova Asset Management has emerged as a substantial shareholder of Hong Kong-based but Singapore-quoted Valuetronics Holdings. On March 25, the fund manager paid $719,364.59 for 811,100 shares, which works out to around 88.7 cents per share. From 19.9 million shares, or 4.85%, Amova now owns just ov ...
Choo Chiang receives approval-in-principle from SGX to transfer listing to Mainboard
The Edge Singapore - Choo Chiang Holdings has received approval-in-principle from SGX to move its listing to the mainboard from the Catalist. The company first announced plans to move the listing on March 19. It will next call for an EGM at a date to be determined for shareholders to give their go ahead. The company was ...
Choo Chiang, Aspial Lifestyle receive approval-in-principle from SGX to transfer listings to Mainboard
The Edge Singapore - Choo Chiang Holdings has received approval-in-principle from SGX to move its listing to the mainboard from the Catalist. The company first announced plans to move the listing on March 19. It will next call for an EGM at a date to be determined for shareholders to give their go ahead. The company was ...
Cotton On Asia to close; liquidators appointed
[SINGAPORE] Cotton On Asia is set to close, according to a notice published in the Government Gazette on Monday (Mar 30).
Insurers’ search for yield must not compromise policyholder protection, says MAS assistant MD
Genevieve Cua - They must exercise strong risk management and apply robust stress testing, adds the central bank’s assistant MD Marcus Lim
Singapore stocks close flat amid escalating Middle East tensions
Young Zhan Heng - The STI is down 0.02% or 0.92 points at 4,897.26
Swiss cling on to cash as survey shows payment app use stalling
ZURICH, March 30 : Mobile payment app usage stalled in Switzerland last year, a Swiss National Bank survey showed on Monday, with cash remaining popular as a way of paying for goods and services in person.A large majority of respondents in the survey were in favour of the continued use of cash, with ...
Starcloud reaches $1.1 billion valuation as AI space race heats up
March 30 : Orbital compute infrastructure startup Starcloud has raised $170 million at a $1.1 billion valuation, as companies including Elon Musk's SpaceX and Jeff Bezos' Blue Origin race to move power-hungry AI data centers off-planet.Led by Benchmark and EQT Ventures, the fundraise under ...
Taiwan probes 11 Chinese firms for illegal poaching of tech talent
TAIPEI: Taiwan said on Monday (Mar 30) 11 Chinese firms are being investigated for alleged illegal poaching of semiconductor and other high‑tech talent, stepping up efforts to curb technology outflows amid rising geopolitical tensions with Beijing.More than 185 agents searched 49 locations and que ...
India’s luxury promise hits a wall: not enough malls to shop in
The country now ranks fourth globally in the number of individuals with wealth above US$100 million
Singapore’s Charge+ announces US$20 million Series B target for network growth in South-east Asia
Derryn Wong - Funds raised will be used to support the company’s regional development and strategic goal of 30,000 chargers globally by 2030
Sri Lanka raises power tariffs as energy costs begin to bite
COLOMBO, March 30 : Sri Lanka raised power tariffs for most households by 7.2 per cent and industries by 8.7 per cent on Monday as the island nation grapples with higher energy costs stemming from the Iran war.The new power prices are linked to a $2.9 billion program with the International Monetary ...
Nike’s China stumble exposes execution gaps
Insiders say top-down decision-making limits responsiveness to local market needs
Nvidia's PE sinks to seven-year low as war and AI angst weigh
March 30 : As global stock markets tumble over deepening worries about war in the Middle East, Nvidia, the world's most valuable company, finds itself trading at its cheapest price-to-earnings multiple since before ChatGPT kicked off the AI boom. The steep drop in Nvidia's PE suggests the ...
Apac airlines flew 9% more passengers in February, but Iran war clouds outlook
Therese Soh - The robust growth is supported by increased leisure travel during the Chinese New Year festive period
Apac airlines fly 9% more passengers in February, but Iran war clouds outlook
Therese Soh - The robust growth is supported by increased leisure travel during the Chinese New Year festive period
Maybank completes on-chain tokenised FX and cross border payment via MYR-SGD corridor
The Edge Singapore - Maybank announced that it had successfully completed the first transaction under its inaugural pilot project for tokenised deposits and cross-border payments with Yinson Holdings Berhad, the global energy infrastructure company, on March 25. This marks a significant milestone in the bank’s digital ...
BOJ highlights inflationary pressure from oil, weak yen
TOKYO, March 30 : Japan's underlying inflation rate may face stronger upward pressure from rising oil prices and the yen's declines than in the past as firms have become more active in hiking prices, the Bank of Japan said on Monday.The observation was part of the BOJ's staff paper an ...
RHB initiates ‘buy’ on iFast on rising Asia-Pacific wealth management demand
Koh Kim Xuan - The brokerage’s S$12.20 target represents a 36.7% increase from the group’s closing price on Mar 26
The blind spots slowing enterprise AI journey
Sachin Shridar - Singapore’s ambition to lead in artificial intelligence (AI) and digital innovation is accelerating enterprise transformation across sectors. Budget 2026 reinforces this direction through expanded national AI initiatives and continued investment in infrastructure, talent, and sector-specific innov ...
Singapore investors buy the dip, bucking global gold sell-off: OCBC, bullion dealers
Benicia Tan - Strong investor participation in Singapore and wider Asia suggests metal’s long-term role as a hedge continues
OCBC, local bullion dealers see surge in gold demand despite broader sell-off
Benicia Tan - Strong investor participation in Singapore and wider Asia suggests metal’s long-term role as a hedge continues
