Business
US: Wall St opens slightly lower ahead of data, Fed commentary
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with…
Tag
Data
Business
Amazon debuts tools to make data centres less power hungry
AMAZON.COM’s cloud unit is rolling out components it says will make data centres run more efficiently, a move that could help address the…
Business
Gold slips as dollar strengthens; investors await US data
Gold prices slipped on Monday (Dec 2), snapping a four-session rally as the US dollar firmed, while market participants awaited key US…
Business
Singapore stocks close up 0.3%, tracking strong gains in Asia on positive China data
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks…
Business
Gold set for weekly decline; market awaits more US data
Gold traded flat on Friday (Nov 22) and was poised for a weekly decline as markets awaited key US economic data, which are expected to…
Business
Digital Core Reit responds to unitholders on proposed acquisition of additional stake in Frankfurt data centre
UNITHOLDERS of Digital Core Real Estate Investment Trust (Reit) have bombarded its manager with questions relating to its acquisition of a…
Business
Microsoft denies training AI models on user data
MICROSOFT on Wednesday (Nov 27) denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to…
Business
Gold prices barely move ahead of US inflation data
GOLD was little changed on Wednesday (Nov 27), as investors awaited US inflation data for clues on the scale of a possible Federal Reserve…
Business
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer…
Business
Investors mining new data to predict retailers’ results
HEADING into holidays some expect to disappoint, Wall Street investors like Goldman Sachs are using new ways to monitor shoppers’ actions…
Business
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each…
Business
US: Wall Street closes higher after business activity data
WALL Street closed higher on Friday (Nov 22), with all three major indexes posting weekly gains, as investors took comfort from data…
Business
US: Wall St opens higher after jobless claims data, Nvidia results
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia…
Business
Data centres the standout performers among S-Reits in Q3; analysts have mixed views on the sector overall for Q4
Singapore-listed Reits report healthy operational performance, even as they face pressure from higher interest rates DATA centres turned…
Lifestyle
Are you tracking your health with a device? Here's what could happen with the data
Every day millions of people share more intimate information with their accessories than they do with their spouse. Wearable technology —…
Business
In data: APAC outperforms amid global decline in deal activity
GlobalData reports that the Asia-Pacific (APAC) region recorded 11,808 deals, including mergers & acquisitions (M&A), private equity and…
Business
US semiconductor firm launches initiative in Singapore for power-efficient AI data centres
APPLIED Materials, the largest US maker of chip-manufacturing equipment, launched an initiative to bring together firms from across the…
Business
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on…
Business
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed…
Business
Keppel DC Reit to acquire data centres from Keppel for S$1.4 billion
KEPPEL DC Real Estate Investment Trust (Keppel DC Reit) has proposed to acquire interests in two data centres from a Keppel joint venture…
News
Germany's statistical office reports possible data leak
Germany's Federal Statistical Office (Destatis) has suspended a digital reporting system for authorities after indications of a possible…
Business
Inflation data boots Wall Street as stocks hover near records
Wall Street moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors anticipating further…
Business
US dollar pulls back from six-month peak after US inflation data
THE US dollar pulled back from a 6½-month high against major currencies on Wednesday (Nov 13) after data showed US inflation for October…
Business
Australia’s HMC Capital to list data centre trust worth A$4 billion
AUSTRALIA’S HMC Capital will press ahead with the initial public offering of its data centres business that would be worth A$4 billion…