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.
Whiplash on European markets as oil tumbles off four-year high, yen spikes
LONDON, April 30 : European markets performed a sharp U-turn on Thursday as oil prices plunged after hitting a four-year high, UK gilt yields dropped after the Bank of England held interest rates and a jump in the yen prompted speculation about foreign exchange intervention.With a European Central B ...
Oil worries spook European markets before ECB and BoE decisions
LONDON, April 30 : Renewed risk aversion swept global equity and bond markets on Thursday and oil surged to a four-year high on worries that the Iran war could worsen, before what could be difficult European Central Bank and Bank of England meetings.The rise of global oil benchmark Brent crude futur ...
Whiplash on markets as oil prices fall from 4-year high, yen spikes, bond yields dip
LONDON, April 30 : Oil prices retreated after hitting a four-year high and global bond yields fell in a dramatic day on markets as the ECB and Bank of England kept rates steady on Thursday, while the yen surged following talk of foreign exchange intervention.European markets performed a U-turn in a ...
EM stocks, FX fall on renewed Iran war risks, but set for monthly gains
April 30 : Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7 per cent, while investors assessed the impact of a hawkish stance by the U.S. Federal Reserve. Trump is slated to receive a briefing on plans for a ...
Qualcomm shares jump as optimism on smartphones, AI chips outweigh dismal forecast
April 30 : Qualcomm shares jumped 10.3 per cent before the bell on Thursday, as investors latched on to the chief executive's optimism about a recovery in its smartphone business and data center opportunities, eclipsing a weak third-quarter forecast.CEO Cristiano Amon, in an interview with Reut ...
Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecast
April 30 : Qualcomm shares jumped more than 13 per cent on Thursday, as investors latched on to the chief executive's optimism about a recovery in its smartphone business and data center opportunities, eclipsing a weak third-quarter forecast.CEO Cristiano Amon, in an interview with Reuters on W ...
MLT's 4Q2026 DPU fell 7% y-o-y while FY2025's DPU fell by 9.8%
The Edge Singapore - Mapletree Logistics Trust’s 4QFY2026 distributions per unit (DPU) for the three months to Mar 31 fell by 7% y-o-y to 1.819 cents while FY2026 DPU for the 12 months to Mar 31 declined by 9.8% y-o-y to 7.262 cents. Gross revenue and net property income (NPI) for 4Q FY2026 were 1.7% and 0.9% lower re ...
SGX-Nasdaq Global Listings Board on track for launch in mid-2026
Benjamin Cher - Prospective companies are likely to include Nasdaq-listed or Nasdaq-ready firms with international or Asian-focused growth strategies, say analysts
New Global Listing Board set for mid-year debut: MAS and SGX RegCo
Felicia Tan - The new Global Listing Board (GLB) is set to be launched in the middle of the year, according to the Monetary Authority of Singapore (MAS) and the Singapore Exchange Regulation (SGX RegCo) on April 30. The announcement follows the public consultation pertaining to related amendments to the Securitie ...
SGX-Nasdaq dual-listing bridge to debut in mid-2026; resulting IPOs could tap EQDP funds
Benjamin Cher - The changes to the Securities and Futures Act could pave the way for more tie ups between SGX and other exchanges
Japan's TEPCO posts 454.3 billion yen loss in year ended March
TOKYO, April 30 : Tokyo Electric Power Co on Thursday posted a net loss of 454.3 billion yen ($2.85 billion) for the fiscal year ended in March, compared with a 161.3-billion-yen profit a year earlier. TEPCO, which restarted a nuclear power reactor earlier this year for the first time since the Fuku ...
