Business
Fast Company Discusses Data Storage Solutions
The artificial intelligence revolution faces a critical bottleneck that few are discussing – data storage infrastructure. While headlines…
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Data
Business
US: S&P 500 opens slightly higher with focus on earnings, economic data
THE benchmark S&P 500 opened slightly higher on Thursday (Jan 16) following strong gains in the previous session, as investors assessed…
Business
US: Wall St opens higher after inflation data, strong bank earnings
Wall Street’s main indexes opened higher on Wednesday (Jan 15), as data showed core inflation rose less than expected in December and…
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Data readiness is the biggest AI challenge for global life insurers
Data readiness is the biggest challenge in getting value from AI reported 78% of global life insurers. Australia was top in terms of data…
Business
Greenback firms as strong jobs data support Fed easing pause
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month,…
Business
US: Wall St opens lower after hot payrolls data stokes rate cut worries
WALL Street’s main indexes opened lower on Friday (Jan 10) after a better-than-expected jobs report fanned expectations that the Federal…
Business
Gold prices on track for weekly gain; US data on tap
GOLD prices remained stable on Friday (Jan 10) during early Asian hours, poised for their strongest week since mid-November, as investors…
Business
US: Wall St opens muted as investors assess data, Trump economic emergency report
Wall Street’s main indexes opened subdued on Wednesday (Jan 8), as investors digested softer-than-expected jobs data and took stock of a…
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Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s…
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Oil prices ease as weak economic data offsets higher US winter storm heating demand
OIL prices eased in volatile trade on Monday (Jan 6) as some bearish economic news from the United States and Germany offset bullish…
Business
Gold steady as investors await US economic data
Gold prices held steady on Monday (Jan 6) as investors awaited a slew of US economic data due out this week for guidance on the US Federal…
Business
US: Wall St opens higher as markets await data, policy changes
WALL Street’s main indexes opened higher on Friday (Jan 3), as investors kept a close eye on upcoming economic data and geared up for…
News
First South Korean plane crash flight recorder data recovered
Experts have successfully transmitted data from one of the two flight recorders recovered after the weekend's plane crash in South Korea…
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Unlawful border crossings dropped to four-year low in November, new data show
Unlawful border crossings along the U.S.-Mexico border have dropped to a four-year low, according to U.S. Customs and Border Protection,…
Business
Who’s pulling ahead in South-east Asia’s data centre race?
THE start of the artificial intelligence (AI) boom has led to a global race among countries to build more data centres and ramp up their…
Business
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased…
Business
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations…
Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
Business
Gold hovers near two-week peak as focus shifts to US inflation data
GOLD prices remained mostly unchanged on Tuesday (Dec 3), staying near a two-week high hit in the previous session, as investors awaited…
Business
Microsoft unveils zero-water data centres to reduce AI climate impact
MICROSOFT, trying to mitigate the climate impact of its data centre building boom, is starting to roll out a new design that uses zero…
Business
US: Wall Street opens muted with jobs data in focus
WALL Street’s main indexes opened subdued on Thursday (Dec 5) following record high closes for all three main indexes in the previous…
Business
NTT Data seeks to buy land in Johor Bahru to build data centre
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing…
Business
Gold little changed; investors await US payrolls data
GOLD prices were little changed on Thursday (Dec 5) as investors awaited US payrolls data, due on Friday, for more cues on the Federal…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…