News
Visa, Bridge partner to launch stablecoin-linked cards
[NEW YORK] Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers across multiple countries in Latin America, which the companies say will...
Meta quarterly profit climbs despite big cloud spending
[SAN FRANCISCO] Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and...
Barclays beats first-quarter forecasts as Trump turmoil supercharges trading
[LONDON] Barclays booked a stronger than expected 19 per cent increase in first-quarter profit on Wednesday (Apr 30), as trading activity surged in the early months of US President...
US: Stocks end mostly up, rebounding from bad GDP report
Published Thu, May 1, 2025 · 06:07 AM[NEW YORK] Wall Street stocks finished mostly higher on Wednesday (Apr 30) after digesting a poor US GDP reading that was offset...
Trump should revise rules for AI chip exports, says Nvidia CEO
Huang says policies and support from the administration are crucial to accelerating the global diffusion of American AI technologyPublished Wed, Apr 30, 2025 · 11:22 PM[WASHINGTON] Nvidia chief executive...
TikTok plans to build 1b euro data centre in Finland
[HELSINKI] TikTok plans to invest 1 billion euros (S$1.48 billion) to build its first data centre in Finland as it moves data storage for European users to the continent,...
Miu Miu’s momentum powers Prada sales growth
Published Wed, Apr 30, 2025 · 08:03 PM[MILAN] Net revenues at Italian luxury group Prada rose 12.5 per cent at constant exchange rates in the first quarter, slightly above...
Elite UK Reit posts 10.2% rise in Q1 2025 distributable income to £4.8 million
[SINGAPORE] The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to £4.8 million (S$8.4 million) in Q1 2025,...
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Across the broader market, gainers beat decliners 288 to 177, after 971.8 million securities worth S$1.4 billion change hands[SINGAPORE] Equities on the Singapore bourse rose on Wednesday (Apr 30),...
Goldman sees central banks buying more renminbi, won, Singapore dollars
[SYDNEY] South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according...
