Business
European stocks cool as traders assess Venezuela fallout, economic data
EUROPEAN stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest US-Venezuela…
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Data
Business
Wall St opens muted after AI-driven rally; labour data in focus
Wall Street’s main indexes opened muted on Wednesday (Jan 7), as investors took a breather after an AI-driven rally in the previous…
Business
Australian dollar hits 15-month top, inflation data a mixed bag
The Australian dollar hit 15-month highs on Wednesday as a mixed bag of inflation data kept alive the prospect of a near-term hike in…
Business
European stocks close at record high after economic data
EUROPEAN shares scored another record close on Tuesday, after benchmarks in Germany and Spain climbed to all-time highs, as positive local…
Business
DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion
DayOne Data Centers has entered into definitive agreements for over US$2 billion in its Series C equity financing, led by existing…
Business
AMD unveils new chip for corporate data centres, talks up demand
The company is widely regarded as the closest rival to Nvidia in the market for chips that create and run AI software Advanced Micro…
Business
Tesla UK car sales slump 29% in December as competition heats up: data
TESLA’S UK car registrations dropped by more than 29 per cent year-on-year in December, industry data showed on Tuesday, underscoring the…
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…
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Engineering the Modern Enterprise: How Rahul Jain Is Shaping Scalable Data and Cloud Transformation
Redefining the boundaries between data infrastructure and artificial intelligence to create self-optimizing enterprise ecosystems…
Business
Coupang founder Kim Bom apologises for data leak, pledges compensation
Online retailer Coupang’s founder Kim Bom apologised for the first time for a recent leak of customer data and pledged to unveil a…
Business
US dollar caps worst week since June with focus on data ahead
A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations…
Business
Fed data show December surge in 10-year Treasury delivery fails
Delivery fails involving 10-year Treasury notes surged to the highest level in eight years this month, a result of the Federal Reserve’s…
Business
Fed data shows December surge in 10-year Treasury delivery fails
Delivery fails involving 10-year Treasury notes surged to the highest level in eight years this month, a result of the Federal Reserve’s…
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Google is at last letting users swap out embarrassing Gmail addresses without losing their data
Google has finally answered users’ cries, allowing Gmail users to swap out embarrassing teenage email addresses. Gmail account holders can…
Business
Singapore stocks flat; latest factory output data posts solid growth
Singapore stocks ended flat on Friday (Dec 26), even as the latest factory output data pointed to continued strength in manufacturing…
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
South Korea central bank to assess incoming data to decide whether and when to lower rates
South Korea’s central bank will decide whether and when to implement any further interest rate cuts next year based on a comprehensive…
Business
Wall Street opens lower as yields rise after GDP data
US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on…
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
US Fed’s Goolsbee welcomes latest inflation data, says more rate cuts may loom
FEDERAL Reserve Bank of Chicago President Austan Goolsbee said on Thursday fresh inflation data is “good” and if it can be sustained it…
Business
European shares gain after US inflation data, ECB rate decision aids investor optimism
EUROPEAN shares made broad-based gains on Thursday, with lower-than-expected US inflation strengthening hopes for Federal Reserve interest…
Business
US stocks close higher fuelled by tech rally, soft inflation data
WALL Street’s main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal…
Business
Gold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US…