Business
Budget 2026: Fund top-ups position Singapore as leading centre for equity fundraising
EQDP expansion signals long-term commitment to strengthen equities market Anchor Fund top-up shows the government’s willingness to invest…
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Business
GIC weighs selling stake in European data centre JV for up to one billion euros
is considering a sale of its 80 per cent stake in a European data centre joint venture (JV), a potential deal that could value the…
News
Australian laser maker EOS opens production centre in Singapore
The centre will produce EOS’s 100 kilowatt-class laser weapon system for Dutch and Korean customers Australia’s Electro Optic Systems…
Business
CapitaLand Ascendas Reit looks to redevelop older business park and data centre assets, as H2 DPU falls 2% to S$0.07528
The older business park assets are Changi Business Park and International Business Park CapitaLand Ascendas Reit (Clar) on Thursday (Feb…
Unsorted
White Employee at Inglewood Daycare Centre Fired After Video Shows Her Throwing Shoe at Black Special Needs Child
A mother of a 5-year-old is outraged after her daughter was struck by a shoe thrown at her by a staff member at a daycare in Inglewood.…
Business
No longer a ‘boring’ telco: Singtel’s S$13.8 billion data centre bet with KKR to power its transformation
By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to the global main stage When…
Business
No longer a ‘boring’ telco: Singtel’s multibillion-dollar data centre bet with KKR to power its transformation
By teaming up with KKR to take a controlling stake in STT GDC, the telco is moving from the regional league to the global main stage When…
Business
KKR, Singtel buy STT GDC for S$6.6 billion in one of Asia’s largest data centre deals
A KKR-led consortium, along with Singtel, will acquire Singapore-based ST Telemedia Global Data Centres (STT GDC) for S$6.6 billion. The…
Business
South-east Asia seeks data centre investments – but must reckon with their thirst
With rapid data centre growth straining the region’s water supply, the race is on for alternative water sources and cooling technologies.…
Business
Singapore-based Digital Edge to build US$4.5 billion data centre campus in Indonesia
Digital Edge, an Asian digital infrastructure firm backed by alternative asset manager Stonepeak Partners, plans to invest US$4.5 billion…
Business
SoftBank stops talks to buy data centre firm Switch
O] SoftBank Group has halted talks about an acquisition of US data centre operator Switch, a setback to founder Masayoshi Son’s ambition…
Unsorted
Data centre player Equinix funds study on nuclear energy tech for Singapore, including floating plants
It will also assess the feasibility of small modular reactors; aims to provide “data-driven” insights Data centre operator Equinix is…
Business
London retains top spot in own global financial centre survey for sixth year
London remains the world’s top financial centre ahead of New York, the City of London Corporation’s annual survey based on public data…
Unsorted
AI data centre boom risks roiling global carmaker supply chains
A data centre-driven memory chip shortage is forcing some suppliers to accept price hikes of over 100% The auto sector is bracing for yet…
Business
United Hampshire US Reit acquires Wallingford Fair Shopping Centre for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million The manager of United Hampshire US Real…
Business
London player Colt targets data centre migration to expand Singapore market share
It views global connectivity as its competitive advantage, and identifies opportunities in SGX data centre migration Data centre…
Business
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for seven billion rupees
CapitaLand India Trust (Clint) has entered into definitive agreements to divest 20.2 per cent of its stakes in three data centre assets…
Business
Keppel Data Centre Campus gets conditional approval for 10-year lease extension
This is part of the sale of two hyperscale data centres in the campus to Keppel DC Reit Authorities have greenlit a 10-year lease…
Business
Data centre race: Singapore betting on quality over scale, say observers
As the AI race heats up, the city-state is pursuing a ‘sustainable’ data centre strategy – but what stands in the way of its ambitions? As…
Business
China’s power reforms, global data centre buildout usher in battery boom
A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for…
Business
Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest…
Business
Oracle denies report on OpenAI data centre delays
Oracle denied on Friday (Dec 12) a media report that it was delaying OpenAI-related data centres, following investor worries over its…
Business
SoftBank eyes data centre group switch as Son hunts for AI
SOFTBANK Group is studying potential acquisitions including data centre operator Switch Inc., as billionaire founder Masayoshi Son ramps…
Business
Axa warns on data centre ‘gambles’ as private credit risks rise
French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid…