PLife REIT’s distributable income in 1Q2026 rises 15.1% y-o-y despite revenue and NPI decline
The Edge Singapore - ParkwayLife REIT's (PLife REIT) gross revenue in 1QFY2026 for the three months to Mar 31 declined by 2.1% y-o-y to $38.2 million mainly due to JPY FX depreciation and lower rental income from the Japan portfolio due to tenant exit affecting five Japan nursing home properties, partially offset b ...
Cybersecurity firm Check Point Software first-quarter profit beats estimates, cuts 2026 revenue outlook
TEL AVIV, April 30 : Check Point Software Technologies reported a higher than expected 13 per cent rise in quarterly profit, boosted by double-digit revenue growth in subscriptions that protect and prevent corporate networks from cyber threats.The Israel-based company, however, trimmed its 2026 reve ...
Over 40% of UK firms suffered cyber attack last year, survey finds
LONDON, April 30 : More than two-fifths of British businesses suffered a cyber breach or attack in the past 12 months, the same figure as for the previous year, according to a government survey published on Thursday.Approximately 612,000 businesses reported at least one cyber breach or attack in 202 ...
S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes
[NEW YORK] The S&P 500 and the Nasdaq opened higher on Thursday (Apr 30) as investors drew comfort from strong earnings, even...
Bank of England holds rates as officials consider hikes ahead
The Monetary Policy Committee (MPC) voted 8-1 in favour of leaving the benchmark rate at 3.75%
France opens formal probe into teenage suspect in massive ID data breach
PARIS, April 30 : The Paris prosecutor's office has opened an investigation into a 15-year-old, suspected of having hacked the country's ID agency and trying to sell the data of millions of French people on the dark web this month, it said on Thursday.The teenager, whose identity was not r ...
Meta raises $25 billion in bond sale after lifting AI spending plan
April 30 : Meta Platforms sold investment-grade bonds worth $25 billion in six portions, according to a regulatory filing on Thursday, as the social media giant ramps up investments in artificial intelligence infrastructure.The news follows a $30 billion bond sale last year that was Meta's bigg ...
Meta looks to raise up to $25 billion with bond sale, Bloomberg News reports
April 30 : Meta Platforms is looking to sell between $20 billion and $25 billion of investment-grade bonds, Bloomberg News reported on Thursday, citing people with knowledge of the transaction.The company had raised $30 billion in its biggest-ever bond offering last year, part of a recent push by Bi ...
Prada first-quarter revenue rises 3%, driven by sales in Americas region
Group earnings are 1.3 billion euros, below analysts’ consensus of 1.4 billion euros
Mastercard profit climbs on steady transaction volumes
Its net income climbed to US$3.9 billion, or US$4.35 per share
Iron Mountain raises annual forecasts on AI-fueled data center boom
April 30 : Iron Mountain raised its annual forecast on Thursday, as companies increasingly rely on its data centers to meet growing demand for artificial intelligence capabilities.Demand for computing power needed to train AI models and run applications such as ChatGPT has driven a data center boom, ...
US company aims to resurrect bluebuck antelope that was hunted to extinction
WASHINGTON, April 30 : The bluebuck, an antelope with a silvery slate-blue coat and striking horns, inhabited the coastal grasslands of South Africa's southwestern Cape region until European settlers hunted it to extinction in around 1800. A U.S. company now plans to resurrect the bluebuck as p ...
L3Harris lifts 2026 profit forecast on strong weapons demand
April 30 : Defense supplier L3Harris Technologies lifted its 2026 profit forecast after beating first-quarter revenue estimates on Thursday, as it banks on strong demand from the Pentagon for its weapons and military intelligence systems. A series of conflicts, including the U.S.-Israel war on Iran, ...
Instant View: Japan's yen surges, as Tokyo issues strong intervention warning
LONDON, April 30 : The Japanese yen surged on Thursday, following stark warnings from Tokyo officials, including the finance minister, that intervention to prop up the currency could be imminent.Dollar/yen was last trading at 156.56, down more than 2 per cent on the day in an eye-popping move that h ...
Prices of Nvidia’s B300 server at 7 million yuan in China on US curbs: sources
This is due to a crackdown on chip smuggling which has dried up black-market supply
SingLand AGM: Marina Square plans to be announced in June, board looking at value-up options
The Edge Singapore - Singapore Land Group’s (SingLand) AGM on Apr 30 was uneventful with just two shareholders asking questions to the board. One shareholder asked whether the management is still looking at establishing a REIT to monetise some of its assets. SingLand’s chairman, Wee Ee Lim said a listed REIT is a ma ...
Parkway Life Reit Q1 DPU up 15.1% at S$0.0442 on higher Singapore hospital rents
Shikhar Gupta - Revenue falls 2.1% to S$38.2 million, dragging net property income down 2.7% to S$35.8 million
Japan yen surges 2%; officials issue strongest intervention warning yet
LONDON, April 30 : The Japanese yen surged on Thursday, following stark warnings from Tokyo officials, including the finance minister, that intervention to prop up the currency could be imminent.The dollar dropped 2.1 per cent to 156.985 yen at 1106 GMT, as the Japanese currency strengthened sharply ...
AstraZeneca invests £300 million in UK in boost for Starmer
The investment includes a new building at the British drugmaker’s headquarters in Cambridge
PSA wins bid for investment in Xiamen port
Benicia Tan - The transaction expands PSA’s footprint in China’s Fujian province
Prospect of prolonged Iran war disruption drives oil forecasts higher
April 30 : Analysts have increased their oil price forecasts for the second time since the Iran war began at the end of February as they factor in the prospect of prolonged energy market disruption, a Reuters poll showed on Thursday.International Brent crude has reached its highest in more than four ...
AI customer service startup Netomi raises $110 million
NEW YORK, April 30 : Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup’s chief executive told Reuters this week.Founded roughly a decade ago, Netomi uses artificial intelligence to improve customer service for companies including U ...
Roblox announces control measures to comply with Indonesia's social media curb
JAKARTA, April 30 : Videogame platform Roblox has started implementing several measures to comply with Indonesia's social media curbs for players under 16, the country's communications minister said on Thursday.Here are some key information about the measures:• The first measure is age v ...
Global Resource Construction’s subsidiary wins A$67 mil building works contract in Victoria, Australia
Teo Zheng Long - Global Resource Construction Limited’s (SGX: SN3 ) subsidiary, GRC Buxton, has been awarded a building works contract valued approximately A$67 million ($61.2 million) by Bazen Pty Ltd. The contract involves the design and construction of 115 apartments, together with an extensive landscaped commo ...
Singapore stocks rise 1.1% on Thursday, lifted by DBS’ above expectation earnings
Renald Yeo - For the truncated trading week, the Straits Times Index is down 1.7%
MLT posts 7% fall in Q4 DPU to S$0.01819; eyes up to S$300 million in China asset sales
Chong Xin Wei - China assets earmarked for sale are to be offloaded into a planned renminbi fund
Mapletree Logistics Trust posts 7% fall in Q4 DPU to S$0.01819
Chong Xin Wei - Distributable income down 6.1% at S$93 million from S$99.1 million
MLT posts 7% fall in Q4 DPU; eyes up to S$300 million in asset sales
Chong Xin Wei - China assets earmarked for sale are to be offloaded into a planned renminbi fund
Marine insurance and the five powers clause in times of war
Tay Peck Gek - The International Union of Marine Insurance has clarified that war risk insurance for vessels and cargo is, and will remain, available in...
Marine war cover and the five powers clause
Tay Peck Gek - [SINGAPORE] There was confusion at the beginning of the US-Israel attacks on Iran about insurers dropping war coverage for vessels, leaving them...
Elon Musk to return to witness stand for cross-examination by OpenAI's lawyer
OAKLAND, California, April 30 : Elon Musk is due to return to the witness stand on Thursday for a second day of cross-examination by Sam Altman's lawyer, in a high-stakes trial over a lawsuit Musk brought accusing OpenAI of abandoning its mission to develop artificial intelligence for the benef ...
Elon Musk returns to witness stand for cross-examination by OpenAI's lawyer
OAKLAND, California, April 30 : Elon Musk returned to the witness stand on Thursday for a second day of cross-examination by Sam Altman's lawyer in a trial over a lawsuit Musk brought accusing OpenAI of abandoning its mission to develop artificial intelligence for the benefit of humanity. The w ...
Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billion
April 30 : Alphabet's blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are delivering the clearest returns.All four of the U.S. tech giants that reported results on Wednesday signaled that spending on artificial intelligence w ...
No indication of AI displacing jobs widely, as firms using AI see productivity gains: MOM report
Early evidence suggests AI is complementing rather than displacing labour in Singapore, though AI adoption at work still remains low.
