Business
Gold subdued as investors await US data, comments from Fed officials
GOLD prices were little changed in early Asia hours on Monday (Nov 11), as market participants awaited comments from Federal Reserve…
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Data
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Recent US economic data points to a concerned Fed opening the door to series of rate cuts
BAD news is good news again. And the worse tidings that US Federal Reserve chairman Jerome Powell can bring about for US economic…
Business
Greenback rebounds against most major units after weak jobs data; traders eye US election
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US…
Business
US regulators reject amended interconnect agreement for Amazon data centre
US ENERGY regulators rejected an amended interconnection agreement for an Amazon data centre connected directly to a nuclear power plant…
Business
US: Wall St subdued at open as investors weigh earnings, data
US stock indexes were subdued at the open on Wednesday (Oct 30), as investors assessed mixed earnings reports and data that showed the…
Business
Keppel’s ‘moat’ gives it an edge in the data centre business: CEO
KEPPEL’S access to greener infrastructure and funds has created a “moat” and given the company an edge in the data centre business, noted…
Business
US banks brace for open banking era of consumer data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule…
Business
Honeywell partners with Google to integrate data with generative AI
HONEYWELL has signed a deal with Google to connect artificial intelligence (AI) technology with its industrial data, both companies said…
Business
Keppel and Australia’s biggest gas developer sign deal for liquid hydrogen to power Singapore data centres
Conditional agreement paves way for binding deal for Woodside Energy to supply the fuel from as early as 2030 Keppel has tied up with…
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Criteria for Green Mark certification for data centres to be tighter from March 2025
THE Building and Construction Authority (BCA) and the Infocomm Media Development Authority (IMDA) unveiled changes to the Green Mark for…
Business
Amazon, Google tap into nuclear power to fuel data centers and AI push
Amazon on Wednesday announced plans to invest in nuclear power production to fuel its data centers with clean energy, a key part of the…
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Harnessing Big Data for competitive advantage
IN TODAY’S increasingly complex business environment, data-driven decision-making has become a critical factor for maintaining a…
Business
Blackstone to invest 7.5 billion euros in data centres in northeastern Spain
BLACKSTONE, the world’s largest alternative asset manager, plans to invest 7.5 billion euros (S$10.7 billion) to develop data centres in…
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Network issue: India still lags US and China in 5G rollout, shows data
2 min read Last Updated : Oct 14 2024 | 11:30 PM IST India’s journey with 5G still has a long way to go. The country ranked 33 out of 39…
Business
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
GOLD rose over 1 per cent on Friday (Oct 11) after a US inflation data cemented prospects of a rate cut next month, restraining the dollar…
Business
Gold drifts higher after data supports US rate-cut bets
GOLD prices edged higher on Friday (Oct 11) after recent data supported bets for a US Federal Reserve interest rate cut next month, while…
Business
US: Wall Street opens lower after higher-than-expected CPI data
Wall Street’s main indexes fell at the open on Thursday (Oct 10), after data showed US inflation was higher than expected in September,…
Business
Singtel launches AI cloud service; to process data locally for sensitive sectors, government
SENSITIVE sectors, such as banking and healthcare, as well as the public sector, will soon be able to tap telco giant Singtel’s artificial…
Business
Fed rate cuts will push liquidity across the globe, including to China, despite strong US jobs data
China may be drawing funds from regional markets now, but global liquidity flows to Asia could be the proverbial tide that lifts all boats…
Business
India's foreign exchange reserves surge past $700 bn, shows RBI data
2 min read Last Updated : Oct 04 2024 | 8:38 PM IST India’s foreign exchange reserves surged past $700 billion in the week ended September…
Business
US: Wall Street opens higher after strong payrolls data
Wall Street’s main indexes opened higher on Friday (Oct 4) after a crucial labour report eased concerns about a rapid cooldown in the jobs…
Business
Gold holds steady as traders wait for US payroll data
GOLD prices traded flat on Thursday (Oct 3) but were slightly down for the week, as market focus shifted to a crucial US payrolls report…
Business
Govt ports outpace private peers in cargo traffic growth, shows data
3 min read Last Updated : Oct 04 2024 | 12:18 AM IST In a reversal of usual trends, central government-owned ports, also called major…
Business
Elite UK Reit applies to develop 80 MW data centre campus in Blackpool
ELITE UK Real Estate Investment Trust’s (Reit) manager has submitted a planning application to develop a new 80-megawatt (MW) data centre…