Business
Airtrunk seeks S$2.2 billion loan to build Singapore data centres
Blackstone-owned data centre firm AirTrunk is seeking a S$2.2 billion green loan for a new greenfield project in Singapore, according to…
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Data
Business
Hard data shows US economy is solid, but there is fear around tariffs: Federal Reserve’s Goolsbee
CHICAGO Federal Reserve Bank President Austan Goolsbee on Tuesday said while the “hard” data show the underlying US economy is solid, the…
Business
US: Stocks plunge on tariff fears, inflation data
Wall Street stocks plummeted on Friday (Mar 28), with all three major indices ending the day sharply lower in anticipation of a fresh wave…
Business
US: Wall St opens lower after data fans inflation worries
Wall Street’s main indexes opened lower on Friday (Mar 28) as data showed underlying price pressures rose more than expected last month…
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Simon Launches New Data Capabilities
Simon, the nation’s largest owner, operator and developer of shopping and mixed-use centers, has launched new first-party retail data…
Business
Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that…
Business
China’s steel market is still in thrall to bleak property data
Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the…
Business
US: Wall St opens subdued after in-line inflation data
WALL Street’s main indexes had a subdued start on Friday (Feb 28) after data showed inflation rose as expected in January, while concerns…
Business
Gold set for first weekly drop in nine; focus on US inflation data
GOLD edged higher on Friday (Feb 28) but was set to snap an eight-week winning streak on a stronger US dollar, while investors turned…
Business
Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while…
Business
US dollar recovers as markets in consolidation mode; pares gains after data
THE US dollar rose against a broad range of currencies on Friday (Feb 21), partly retracing losses versus the yen as investors…
Business
Australia’s Goodman raises A$4 billion for data centres to tap AI boom
AUSTRALIA’S Goodman Group plans to raise A$4 billion (S$3.4 billion) via a share placement to develop a global network of data centres, as…
Business
Microsoft unveils quantum computing chip for future data centres
MICROSOFT announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve…
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Elon Musk's DOGE Leaks Classified Data about Intelligence Agencies on Its New Website, Leaving Spies Scrambling
Elon Musk's Department of Government Efficiency (DOGE) recently made headlines after classified information was inadvertently published on…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
US: Wall St opens sharply lower as hot inflation data dents rate cut hopes
WALL Street’s main indexes dropped at the open on Wednesday (Feb 12), as a hotter-than-anticipated inflation reading added to concerns…
Business
Huge data price hike sparks anger in Nigeria
Nigerians are expressing outrage over a big jump in the price of mobile data charged by some of the country's major phone networks. MTN -…
Business
'Utterly Insane': Elon Musk Alleges $50B Treasury Fraud After Judge Blocks DOGE Data Access
Tech billionaire Elon Musk strongly criticized a U.S. judge's decision blocking his Department of Government Efficiency (DOGE) team from…
Business
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million, five-year green loan to finance the development of a new 58…
Business
Americans running out of time to claim $6,000 settlement from data breach
Time is running out for millions of Americans affected by a data breach to claim their share of a large settlement. Victims of the Arthur…
Business
CapitaLand Investment to seed future data centre fund with US$700m investment in Japan
It is making disciplined acquisitions without acting like ‘a kid in a toy store’, says CLI’s Manohar Khiatani ASSET manager CapitaLand…
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Asean’s data centre gold rush to get a boost from DeepSeek’s AI leap: Maybank
DEMAND for Asean data centres is likely to remain resilient as Chinese artificial intelligence (AI) company DeepSeek is set to disrupt the…
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Kazakhstan delays release of Azerbaijan plane black box data
The publication of the black box data from an Azerbaijani plane that crashed in Kazakhstan last month has been delayed, a Kazakh official…
Business
No major impact from Johor data centres, US export ban: Keppel DC Reit manager - The Business Times
NEW data centres in Johor, Malaysia, and the US chip export ban are unlikely to have a big impact on Keppel DC Reit, said the manager on…