Yen steadies after Japan intervention; traders brace for more action
TOKYO, May 1 : The yen trimmed gains against the dollar on Friday, but was still poised for its strongest weekly rally in more than two months after Japanese authorities stepped into the markets to haul the currency back from near two-year lows.Investors remained on high alert for further action fro ...
Yen trims gains against dollar after Japan's intervention in markets
TOKYO, May 1 : The yen eased slightly against the dollar on Friday, but was still poised for its steepest weekly gain in more than two months after Japanese authorities stepped in to lift the currency from near two-year lows.Investors remained on high alert for further intervention from Japan's ...
Fitch warns US debt burden is ‘far above’ other AA rated nations
All three major rating firms have the US pegged one level below triple-A
Meta, Amazon, Wall Street: Global giants slashing headcounts worldwide
Jermaine Fok - BT rounds up recent moves by major companies to pare their workforce in 2026
3 in 5 Singapore travellers rethinking travel plans over flight prices: Skyscanner report
Therese Soh - Most remain certain about their ability to travel abroad in the next three months
Core inflation in Tokyo slows, seen accelerating on energy shock
TOKYO, May 1 : Annual core inflation in April hit a four-year low and stayed below the central bank's 2 per cent target for a third straight month, as fuel and education subsidies offset rising raw material costs from the Middle East conflict.Analysts expect consumer inflation to re-accelerate ...
Core inflation in Tokyo stays below BOJ target for third month
TOKYO, May 1 : Annual core inflation in Tokyo hit 1.5 per cent in April, data showed on Friday, staying below the central bank's target for a third straight month as fuel subsidies offset rising raw material costs from the Middle East conflict.Analysts expect consumer inflation to re-accelerate ...
Toyota to build three assembly plants in India’s Maharashtra: Nikkei
The three new plants will make India Toyota’s fourth-largest production base
Tokyo April core CPI rises 1.5% yr/yr
TOKYO, May 1 : Core consumer prices in Tokyo rose 1.5 per cent in April from a year earlier, government data showed on Friday.The core consumer price index for Japan’s capital, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 1.8 per ...
UAE’s Opec exit: Shockwaves will be felt beyond oil prices
Cartel crack-up reflects growing friction and regional rivalry between the Saudis and the Emiratis
The quiet cost of a noisy workplace
Leaders must get better at recognising substance that does not announce itself
Roblox slashes annual bookings forecast as new safety features take their toll
Sharon Lee - ROBLOX cut its annual bookings forecast on Thursday, signalling that new safety initiatives may impact user growth and spending on its popular...
Oil prices rise with no sign of end to Iran war
MELBOURNE, May 1 : Oil rose on Friday as efforts to resolve the Iran war remained at an impasse, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude. Brent crude futures for July were up $1.04, or 0.94 per cent, to $111.44 per barrel by 0421 GMT, while ...
Oil rises over $1 with no sign of Iran conflict ending
MELBOURNE, May 1 : Oil rose on Friday as efforts to resolve the Iran conflict have hit an impasse, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude. Brent crude futures for July rose $1.19, or 1.08 per cent, to $111.59 a barrel by 0149 GMT, while We ...
US crude futures rise 41 cents to $105.50/bbl after prior intraday high of $110.93/bbl
MELBOURNE, May 1 : U.S. West Texas Intermediate crude rose 41 cents or 0.43 per cent on open to $105.50 a barrel, after a prior intraday Thursday high of $110.93 a barrel after uncertainty on the direction of the U.S. war against Iran persisted. WTI closed down $1.81, or 1.69 per cent, at $105.07, b ...
Meta CEO Zuckerberg blames layoffs on capital spending, won’t rule out more job cuts
Staff have openly criticised Zuckerberg and other company leaders
Sandisk joins Western Digital, Seagate in signaling strong AI storage demand
April 30 : Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling that enterprise spending on data storage products used in artificial intelligence data centers remains strong. Sandisk shares, which have risen about 350 per cent this ye ...
Apple sales forecast beats Wall Street expectations, shares rise
iPhone sales were held back in the quarter by supply constraints of advanced processor chips, said CEO Tim Cook
Oil prices rise with no sign of an end to Iran war
Trump was scheduled to receive a briefing on Apr 30 on plans for a series of fresh military strikes on Iran
Oil rises over US$1 with no sign of Iran conflict ending
Trump was scheduled to receive a briefing on Apr 30 on plans for a series of fresh military strikes on Iran
Oil retreats after hitting four-year high on concern of US-Iran war escalation
[NEW YORK] Global oil prices eased after hitting a four-year high of more than US$126 a barrel earlier on Thursday (Apr 30) on concerns...
US stocks: Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
[NEW YORK] US stocks advanced on Thursday and the S&P 500 and the Nasdaq logged their biggest monthly gains in years as solid corporate...
Stryker misses quarterly estimates on muted demand for medical devices
April 30 : U.S. medical device maker Stryker on Thursday maintained its full-year profit outlook but missed Wall Street estimates for first-quarter profit and revenue, weighed down by softer demand for implants and devices used in complex procedures ranging from spinal to orthopedic surgeries.The co ...
European shares log biggest monthly gains in over a year
EUROPEAN shares jumped more than 1 per cent on Thursday and marked their biggest monthly gain in over a year, as investors were...
Twilio raises annual revenue growth forecast on AI-driven demand, shares jump
April 30 : Twilio raised its full-year forecast on Thursday and posted stronger-than-expected first-quarter results, signaling sustained demand for its cloud communications tools as companies invest in customer engagement and AI-driven services.The company's shares surged 18 per cent in extende ...
Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
NEW YORK, April 30 : Meta Chief Executive Mark Zuckerberg attributed the Facebook parent's planned layoffs to increased capital spending for AI, and declined to rule out further job cuts, in comments to employees at a company town hall on Thursday.“We basically have two major cost centers in ...
Meta CEO attributes layoffs plan to capex, won't rule out further job cuts
NEW YORK, April 30 : Meta's Chief Executive Mark Zuckerberg attributed the company's plan for layoffs to increased capital expenditures and declined to rule out further cuts, in comments delivered to employees at an internal company town hall on Thursday.“We basically have two major cost ...
Atlassian lifts annual revenue forecast as AI features, enterprise sales boost growth
April 30 : Atlassian raised its annual revenue forecast on Thursday, banking on AI-driven features and a push into the enterprise segment to sustain growth amid tighter spending on collaboration tools.Shares of the company, which also beat Wall Street estimates for quarterly sales, rose more than 18 ...
Roku raises annual platform revenue forecast, shares climb
April 30 - Roku raised its annual platform revenue forecast on Thursday, signaling confidence that advertisers will continue to spend on its streaming platform, sending its shares up 10 per cent in extended trading. Roku is benefiting from the rise of streaming media, as more households make connect ...
Roku raises annual platform revenue forecast
April 30 - Roku raised its annual platform revenue forecast on Thursday, signaling confidence that advertisers will continue to spend on its streaming platform.The company now sees 2026 platform revenue growing 21 per cent to $5 billion, compared with its prior projection of $4.89 billion.
Reddit expects revenue above estimates as AI tools fuel ad growth
April 30 : Reddit forecast second-quarter revenue above analysts' estimates on Thursday betting on its AI-powered tools to boost advertising on the platform.Shares of the company rose around 3 per cent in volatile extended trading. They have fallen around 35 per cent so far this year.The social ...
US adds Vietnam and EU, removes Argentina, Mexico from trade investigation watchlists
WASHINGTON, April 30 : The U.S. Trade Represenatative's office added the European Union to its "Section 301" unfair trade practices watchlist on Thursday and removed Argentina and Mexico from its priority watchlist, citing improvements by those countries on intellectual property right ...
BREAKINGVIEWS-Meta's fall shows punters crave clearer AI payoff
NEW YORK, April 30 (Reuters Breakingviews) - Shares fell 10 per cent despite strong revenue growth and signs technology is boosting ad sales. The issue is funding: unlike Alphabet, Amazon or Microsoft, there’s no cloud arm to cushion infrastructure spending. A rapidly rising bet with an unclear, s ...
Apple says India antitrust body overstepping judicial authority as spat intensifies
NEW DELHI, April 30 : Apple has accused India's competition body of exceeding its powers by pushing the U.S. tech company to submit its financials in an antitrust case related to the iPhone apps market, while Apple challenges the law governing penalties, documents show. An April 24 non-public I ...
