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Spot Gold Falls 3.44% to $4,594.87/Oz; Spot Silver Falls 5.66% to $70.86/Oz as Trump Threatens Further Attacks on Iran
Gold retreated from two-week highs on Thursday after U.S. President Donald Trump said that Washington would continue its military campaign in Iran in the coming weeks, pushing crude prices sharply higher and dampening hopes of interest rate cuts.Spot gold fell 3.44% to $4,594.87 per ounce; spot sil...
Tiger News
10 minutes ago
RPT-ROI-Oil shock resilience in March - or smoke and mirrors?: Mike Dolan
By Mike Dolan LONDON, April 2 (Reuters) - The Iran war's energy shock is historic. The real economy has taken it on the chin so far. One of the difficulties in investing around any sudden crisis like the Middle East conflict is that there's very little immediate economic info...
Reuters
11 minutes ago
GLOBAL MARKETS-Stocks sink, oil leaps above $100 as Trump vows to keep hitting Iran
Hopes of end to conflict evaporate after Trump speechOil surges as stagflation risks swirl, denting risk assetsStocks sharply lower as Trump speech provides little clarityInvestors likely to stay defensive as Trump ramps up threatsBy Ankur BanerjeeSINGAPORE, April 2 (Reuters) - Markets recoiled on T...
Reuters
11 minutes ago
LIVE MARKETS-Prime-time disappointment
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com PRIME-TIME DISAPPOINTMENTIn a 19 minute prime-time address, U.S. President Donald Trump squashed burgeoning hope among investors o...
Reuters
20 minutes ago
Japanese stocks see biggest weekly foreign fund outflow in two decades
April 2 (Reuters) - Japanese stocks saw the largest weekly foreign fund outflow in two decades in the week through March 28, as surging oil prices driven by the Middle East war raised fears of weaker global growth and corporate earnings.Foreigners dumped a net 4.45 trillion yen ($27.92 billion) of J...
Reuters
24 minutes ago
Oracle Helps Drive Malaysia's Digital Innovation Ambition by Training 300,000 Students and Professionals in Artificial Intelligence, Cloud, and Emerging Technologies
Oracle collaborates with MyDIGITAL Corporation to help advance Malaysia's Digital Economy Blueprint and National 4IR Policy by equipping local talents with in-demand digital skills, strengthening the IT talent pipeline, and fostering a value-based, innovation-led economy. KUALA LUMPUR, Malaysia, Ap...
PR Newswire
38 minutes ago
South African Markets - Factors to watch on April 2
JOHANNESBURG, April 2 (Reuters) - The following scheduled economic events, equity and currency market moves may affect South African markets on Thursday.ECONOMIC EVENTSSouth African Treasury bill auctionSOUTH AFRICAN MARKETSThe South African rand was slightly stronger on Wednesday, as global markets...
Reuters
43 minutes ago
Gulf Weighs Costly Pipeline Network as Hormuz Threat Reshapes Energy Routes: FT
Gulf states are reconsidering major pipeline projects to bypass the Strait of Hormuz amid fears of prolonged Iranian disruption. Saudi Arabia is evaluating expanding its 7mn b/d East-West pipeline to Yanbu and boosting Red Sea export capacity, while the UAE may increase flows via Fujairah or revive ...
Tiger News
an hour ago
UK Stocks-Factors to watch on April 2
April 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.81%.THAMES WATER: Britain's largest water supplier is poised to reach an agreement with water regulator Ofwat that will allow it to avoid new fines until 2030, the Financial Times ...
Reuters
an hour ago
EMERGING MARKETS-Asian stocks, currencies slide after Trump warns of heavy strikes on Iran
KOSPI plunges 4.2% after Trump's speechIndian rupee jumps on cenbank's FX support measuresIndonesia, Malaysia stocks down about 1% eachPhilippine stock market closed for holidayBy Sneha Kumar April 2 (Reuters) - Emerging Asian equities and currencies tumbled on Thursday after U.S. Presid...
Reuters
an hour ago
EMERGING MARKETS-Asian stocks, currencies slide after Trump warns of heavy strikes on Iran
KOSPI plunges 4.2% after Trump's speechIndian rupee jumps on cenbank's FX support measuresIndonesia, Malaysia stocks down about 1% eachPhilippine stock market closed for holidayBy Sneha Kumar April 2 (Reuters) - Emerging Asian equities and currencies tumbled on Thursday after U.S. Presid...
Reuters
an hour ago
MORNING BID EUROPE-Prime-time disappointment
A look at the day ahead in European and global markets from Ankur BanerjeeIn a 19 minute prime-time address, U.S. President Donald Trump squashed burgeoning hope among investors of an end to the war in the Middle East, saying Washington will hit Iran "extremely hard" over the next two to thr...
Reuters
2 hours ago
INDIA STOCKS-Indian shares fall after Trump dashes hopes of Iran war de-escalation
By Bharath Rajeswaran April 2 (Reuters) - Indian shares fell on Thursday, tracking weakness in Asian peers, after President Donald Trump said the U.S. would hit Iran "extremely hard" in the coming weeks, dimming hopes of a near-term end to the war that has unsettled global markets. T...
Reuters
2 hours ago
IBM Announces Strategic Collaboration with Arm to Shape the Future of Enterprise Computing
Collaboration aims to advance new technologies that expand infrastructure choice while preserving mission-critical environments ARMONK, N.Y., April 2, 2026 /PRNewswire/ -- IBM (NYSE: IBM) today announced a strategic collaboration with Arm to develop new dual‑architecture hardware that helps enterpr...
PR Newswire
2 hours ago
INDIA STOCKS-Indian shares open lower after Trump dashes hopes of Iran war de-escalation
April 2 (Reuters) - Indian shares opened lower on Thursday, tracking weakness in Asian peers, after President Donald Trump said the U.S. would hit Iran "extremely hard" within weeks, ending hopes of a near-term end to the war that has rattled the global economy.The Nifty 50 .NSEI was down 1....
Reuters
2 hours ago
GLOBAL MARKETS-Stocks sink, oil surges as Trump vows to keep hitting Iran
Hopes of end to conflict evaporate after Trump speechOil surges as stagflation risks swirl, denting risk assetsStocks sharply lower as Trump speech provides little clarityInvestors likely to stay defensive as Trump ramps up threatsBy Ankur BanerjeeSINGAPORE, April 2 (Reuters) - Markets recoiled on T...
Reuters
3 hours ago
These Singapore Stocks Have Proven Resilient, Maintaining Payouts Even During Downturns
For income-oriented investors, the most important factor is whether the company has the ability to pay dividends, regardless of the market conditions.This ability to consistently pay dividends brings good stability to your investment portfolio, especially during market downturns.Although some compan...
Tiger News
3 hours ago
KGL Resources jumps on agreement with Wheaton Precious Metal's unit
Shares of Australia's KGL Resources KGL.AX rise as much as 61.9% to A$0.34, their highest level since May 31, 2022 Set for best session since July 21, 2014Diversified miner enters agreement totalling $300 million with Wheaton Precious Metals' WPM.TO unit for Co's Jervois Copper Project i...
Reuters
3 hours ago
Japan's Nikkei reverses gains as Trump fails to provide clear sign for war's end
By Junko Fujita TOKYO, April 2 (Reuters) - Japan's Nikkei share average fell on Thursday, reversing earlier gains, after U.S. President Donald Trump did not provide a clear sign for the end of the Middle East war against Iran.The Nikkei .N225 was down 1.6% at 52,867 as of 0216 GMT, after risi...
Reuters
3 hours ago
AIoT Smart Healthcare Megatrend Arrives Home Control Powers a New Family Health Ecosystem with a 'Smart Home + Health & Wellness' Dual-Engine Strategy
As global population aging intensifies and consumers place greater emphasis on health management in the post-pandemic era, the convergence of AIoT with healthcare has emerged as a core pillar of the next technological wave. In this blue-ocean market, poised to surpass the trillion-dollar mark, the key question lies in extending professional medical services from hospitals into home, a critical focus for the industry. Against this backdrop, Home Control International Limited (1747.HK),a leading global provider of home control solutions, is executing a forward-looking strategic transformation. While continuing to deepen its core home control business, the Group has upgraded its brand to the "Omni Devices" brand, further expanding into the healthcare sector. Home Control is not merely following a trend; it is actively reshaping the global health management value chain through its deep technological expertise.The Company's latest 2025 annual results underscore its solid growth trajectory. Full-year revenue reached approximately US$109.4 million, representing a year-on-year increase of 1.8%, demonstrating operational resilience amidst a challenging macroeconomic environment. Regionally, while maintaining a strong presence in the Europe and the U.S. (which together accounted for approximately 70.2% of total revenue), the Company is strategically expanding into high-growth emerging markets, particularly India. Notably, revenue contribution from Asia increased from 13.0% in 2024 to 24.5% in 2025. This strategic shift not only optimizes the product mix but also provides diversified momentum for the Group's future growth. Driven by strong growth in higher-margin healthcare solutions and the absence of last year’s one-off impairment provision, profit attributable to owners of the Company surged 183.3% year-on-year to US$7.1 million.Rapid Smart Home Adoption in Europe and the U.S., as Whole-Home Automation Gains MomentumThe global smart home market is expanding rapidly. According to Global Market Insights, the European smart home market is projected to grow at a CAGR of 16.1% between 2026 and 2035, reaching US$150.1 billion by 2035. Meanwhile, North America, the world's largest and most mature market, accounts for nearly 40% of global growth and is rapidly shifting from standalone devices to whole-home automation. This trend is driven by two key factors. First, strong consumer demand for home security is accelerating the adoption of integrated smart security and mobile applications. Second, rising energy costs and stricter energy-efficiency regulations are significantly boosting demand for smart thermostats and lighting systems. Leveraging its extensive experience in high-quality home control solutions, Home Control upgraded its "Omni Remotes" brand to "Omni Devices" at the end of 2024. This strategic rebranding reflects the Company's evolution beyond traditional control solutions into a broader spectrum of offerings. By applying its long-established expertise in technology innovation, particularly in advanced sensing and wireless connectivity, the Company is developing tailored solutions for vertical segments, unlocking new growth drivers in the flourishing smart home market.Asia-Pacific Digital Health to Reach US$713 Billion, Strategically Targeting the Home Health Monitoring MegatrendIn contrast, the Asia-Pacific region is demonstrating even stronger momentum in the digital health. Market forecasts project the sector to grow at a CAGR of 22.98% from 2025 to 2035, surpassing US$713 billion. Remote patient monitoring and telehealth are among the fastest-growing segments, driven by the accelerating aging population across Asia and the increasing prevalence of chronic diseases like diabetes and cardiovascular conditions. These trends are significantly boosting demand for home-based health monitoring devices—such as blood glucose and blood pressure monitors—as well as preventive care solutions. Simultaneously, high smartphone penetration rates and strong government support for digital health infrastructure (e.g., China's "Healthy China 2030" policy) are accelerating the adoption of medical-grade devices in the home.In 2025, Home Control broadened its presence in the healthcare sector by integrating resources with its shareholder, Meta-Wisdom Tech Limited. During the year, revenue from healthcare solutions increased from 14.4% in 2024 to 21.4% of total revenue, highlighting the initial success of its transformation strategy. To build on this momentum, the Company established Orbiva Limited, a wholly-owned subsidiary in Hong Kong, dedicated to developing AIoT-enabled home healthcare platforms, ecosystems, and health management products.On the technology front, the Group has signed a strategic memorandum of understanding (MOU) with Nanyang Technological University (NTU) to jointly develop a secure AIoT-powered healthcare platform. Additionally, Orbiva has secured an intellectual property license for an AI assisted trustworthy home-care intelligence agent system, actively promoting the development of digital twin applications and secure health management devices. By combining technology R&D, data security, and product innovation, Home Control is accelerating the development of an integrated health management solution encompassing "Devices + Platform + Services," while deepening its presence in the Southeast Asian market to capitalize on regional growth opportunities.Smart IoT Empowers Personal Health Management, Launching a Closed-Loop Ecosystem and Transforming ValuationOverall, Home Control is undergoing a profound strategic transformation. While leveraging its established smart home foundation to generate stable cash flow, the Group has also been rapidly expanding its high-growth, high-value healthcare business. Building on this foundation, the Company is constructing a comprehensive ecosystem spanning hardware, software, data, and services through strategic acquisitions, industry-academia collaborations, and diverse partnerships. As the convergence of AIoT and healthcare deepens, the Group is steadily advancing toward its goal of real-time personal health monitoring and seamless integration of online-offline healthcare management. It is also accelerating the deep integration of smart home and health & wellness scenarios. This transformation not only provides a clear and scalable path for future growth but is also expected to drive long-term value creation and a sustained re-rating of the Company's valuation.02/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
3 hours ago
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