Ascott shuts Newton training centre ahead of lease expiry, lays off 6 staff
Chong Xin Wei - [SINGAPORE] Ascott, the wholly owned lodging business unit of CapitaLand Investment, is winding down its hospitality training centre in Newton and laying...
Stocks retreat as US-Iran peace talks stall
LONDON: Stock prices fell across the board Thursday (Apr 23) from their recent highs as investors tempered enthusiasm for a quick end to the Middle East war.The benchmark international oil contract, Brent North Sea crude, was back above US$100 a barrel, threatening widespread inflation that could de ...
Stocks mostly fall as US-Iran peace talks stall and oil prices rise
Uncertainty over the Middle East war left investors worried, with one analyst saying there is still “a tug of war between the fundamentals.”
Q&M’s Ng in married deal with Asdew Acquisitions, Han Seng Juan and Bryan Lim involving 27 mil shares at 60 cents each
Teo Zheng Long - Dr Ng Chin Siau, founder and CEO of Q&M Dental Group (SGX: QC7 ) , is yet again involved in another private, off-market transactions with external parties. In an April 23 SGX filing, Quan Min Holdings, an entity used by Ng and related parties to control Q&M Dental Group, disposed 27 million ...
First REIT's DPU fell by 13.8% y-o-y in 1Q2026
The Edge Singapore - First REIT had a challenging 1Q2026 due to currency headwinds. Rental and other income declined 8.4% y-o-y to $23.2 million in 1Q2026. Net property and other income fell 8.3% y-o-y to $22.5 million over the same period. The decrease in rental and other income was primarily due to the loss of income ...
BP chairman overcomes shareholder backlash to win first election
Slightly more than 81.8% of shareholders vote in favour of Albert Manifold
Wall St opens lower on Middle East impasse, mixed earnings
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Apr 23), with investors hesitant to extend the recent equities rally in...
Applied Digital signs $7.5 billion AI data center lease with US hyperscaler
April 23 : Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its new Delta Forge 1 site, it said on Thursday, strengthening its position as a data center provider for artificial intelligence workloads.Shares of the company jumped more than 12 p ...
Suntec REIT’s 1QFY2026 DPU grew by 23.9% y-o-y to 1.936 cents
Teo Zheng Long - For 1QFY2026 ended March 31, Suntec REIT’s (SGX: T82U ) distribution income (DI) was up by 24.8% higher y-o-y to $57.3 million while DPU jumped by 23.9% y-o-y to 1.936 cents across the same period. The improvement was driven by stronger operational performance of its Singapore office and retail po ...
Trump says US to attack any boats laying mines in Strait of Hormuz
He has ordered the United States navy ‘to shoot and kill’
Suntec Reit Q1 DPU rises 23.9% to S$0.01936 on strong Singapore office, retail performance
Therese Soh - Retail revenue gets boost from higher occupancy and rent at Suntec City mall, says manager
S$8m director pay, Iran war risks among issues raised by Sheng Siong investors ahead of AGM
Therese Soh - Asked about declaring special dividend, group says maintaining balance sheet strength is ‘prudent’
Singapore leads global per capita use of Anthropic’s Claude AI as businesses ramp up adoption: GIC
Jean Low - SINGAPORE ranks as the largest user of Anthropic’s artificial intelligence (AI) model Claude on a per capita basis, highlighting the Republic’s rapid...
H2G Green’s subsidiary inks MOU with Thailand’s SCAN Inter to establish upstream supply chain for Bio-LNG
Teo Zheng Long - H2G Green’s (SGX: 5AI ) subsidiary, GasHubUnited Utility (GasHub) announced that it has signed a non-binding memorandum of understanding (MOU) on April 22 with SCAN Inter Public Company (SCAN Inter), which is a Thailand-based Bio-LNG producer, in establishing upstream supply chain for bio-liquefie ...
CapitaLand Investment wins $2.4 billion real estate investment mandate from Income Insurance
The Edge Singapore - CapitaLand Investment (CLI) announced it has secured the investment mandate to manage Income Insurance’s direct real estate portfolio. The portfolio comprises retail, commercial and industrial assets held directly by Income Insurance and through its joint ventures. CLI will enhance the performance ...
Nasdaq quarterly profit rises on trading boom amid volatility
The company’s market services revenue from trading grew 13% to US$317 million
Tencent unveils AI model in high-stakes test for OpenAI hire
The Hy3 represents a big advance in areas from complex reasoning to coding
Amex tops estimates as premium card spending stays strong
Billed business increased 10% to US$428 billion
Netflix buying back US$25 billion in stock after share decline
The announcement comes days after the company reported disappointing financial results
Norway’s 20 trillion kroner wealth fund loses 1.9% due to tech stocks slide
The bulk of it is in equities, which has lost 2.6%
France swaps Microsoft for Iliad's Scaleway to repatriate health data hub
April 23 : France has chosen domestic cloud provider Scaleway, a subsidiary of Iliad, to host the country's Health Data Hub, replacing Microsoft Azure in a long-contested arrangement, Scaleway said on Thursday.The decision fits into a broader shift as Europe seeks cloud sovereignty independent ...
Lululemon names former Nike executive O’Neill its next CEO
The new CEO must now drive growth as the company loses its grip on the athleisure market
Tesla's $25 billion spending plan tests investor faith in unproven AI bets
April 23 : Tesla CEO Elon Musk is asking investors to take a leap of faith on his costly bets in self-driving technology and humanoid robots that have yet to generate meaningful revenue.It raises a key question for investors: whether Tesla's rising spending can be justified without the kind of ...
American Airlines cuts 2026 forecast as high fuel costs hurt margins
Jet fuel prices have nearly doubled since the conflict erupted
Indian food delivery giant Zomato drops pricing clause after pushback, source says
NEW DELHI, April 23 : India's biggest food delivery app Zomato has agreed to drop a contract term that penalized restaurants for offering cheaper meals to walk-in diners, a company source said, after opposition from eateries who said the policy undermined their pricing decisions.Eternal's ...
CapitaLand Investment to manage Income Insurance’s S$2.4 billion real estate investment portfolio
Navene Elangovan - Including the new mandate, CLI has completed ‘over S$12.1 billion’ in Singapore deals in the past 16 months
Huawei to invest $2.63 billion on R&D in smart driving technologies
BEIJING, April 23 : Huawei Technologies will invest 18 billion yuan ($2.63 billion) on research and development into smart driving technologies globally including 10 billion yuan on computing power for training, a senior executive said on Thursday. In the next five years, Huawei will invest 70-80 bi ...
India's Infosys forecasts weak revenue growth as AI-driven caution dents IT spending
BENGALURU, April 23 : Infosys forecast annual revenue growth below market expectations on Thursday, as macroeconomic uncertainty and newer AI tools push clients to reassess tech spending, sending U.S.-listed shares of India's No.2 software services exporter down 6 per cent.Industry leader Tata ...
India's Infosys pegs fiscal year 2027 revenue growth at 1.5%-3.5%
BENGALURU, April 23 : Infosys, India's second-largest IT services firm, on Thursday forecast 1.5 per cent-3.5 per cent revenue growth for fiscal 2027, slightly below expectations, with the management saying the demand environment remained steady.U.S.-listed shares fell 4.7 per cent in premarket ...
Mobileye raises annual revenue forecast as auto industry demand recovers
April 23 : Mobileye Global raised its annual revenue forecast on Thursday, buoyed by robust demand for its advanced driver-assistance systems as automakers placed more orders after working through an inventory glut last year. Shares of the self-driving tech company jumped 19 per cent in premarket tr ...
Mobileye raises annual revenue forecast on strong demand
April 23 : Mobileye Global raised its annual revenue forecast on Thursday, buoyed by steady demand for its advanced driver-assistance systems, sending the company's shares up more than 13 per cent in premarket trading.The company has benefited from car manufacturers restocking their supplies af ...
ST Engineering shrugs off Middle East shocks, stays upbeat on satcom outlook
Young Zhan Heng - The impact of the conflict is ‘assessed to be not material at the group level’, says CEO Vincent Chong
Exclusive-Nippon Life's India asset manager to settle Yes Bank investment case, document shows
MUMBAI, April 23 : Japanese insurer Nippon Life's Indian asset management unit will pay a fine to settle allegations by Indian regulators that the fund fraudulently invested in bonds from lender Yes Bank, according to a document reviewed by Reuters.Nippon Life India Asset Management will pay 96 ...
DBS, OCBC, UOB shed nearly 3,000 jobs in 2025 amid restructuring, productivity push
Renald Yeo - Combined, the three lenders employed 104,266 people at end-2025, down 2.6% from the year before
