Business
DayOne Data Centers seeks US$2 billion in upsized funding deal: sources
Singapore-based DayOne Data Centers is in advanced talks to raise more than US$2 billion in an upsized Series C funding round to help…
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Data
Business
Data centres are expensive. Reits are ‘powerful tools’ to raise capital - and Singapore benefits
Data centres are expensive - to construct and to operate, as they are also power-guzzling. Amid the AI boom, as demand from hyperscalers…
Business
Reits are emerging as ‘powerful tools’ to fund rocketing data centre costs – Singapore benefits
Data centres are projected to need a US$6.7 trillion investment globally to keep up with compute power demand by 2030 Data centres are…
Business
Data centres are expensive. Reits are ‘powerful tools’ to raise capital - and Singapore is benefiting
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030 Data centres are…
Business
Gold holds steady after weak US jobs data reinforce rate-cut bets
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of…
Business
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut…
Business
TikTok to invest more than 200 billion reais in Brazil data centre
ByteDance’s TikTok will invest more than 200 billion reais (S$49 billion) to build a data centre in Brazil, marking its first project in…
Business
Fed data suggests central bank has stopped losing money
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury The Federal Reserve appears to…
Business
Wall Street opens lower as investors assess data, Microsoft falls
Wall Street’s main indexes opened lower on Wednesday (Dec 3), as investors assessed data pointing to a weak jobs market, while Microsoft…
Business
Most Asian markets rise as traders await key US data
Money markets have put the chances of a Dec 10 cut at around 90%, with another three forecast by the end of next year Markets mostly rose…
Business
Gold flat as investors await US data for rate-cut signals
US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices were little…
Unsorted
South Korean President Lee calls for harsher penalties after Coupang data breach
Coupang’s top executives were grilled for hours by South Korean lawmakers about their failure to prevent the country’s largest ever data…
Business
Wall Street opens lower ahead of Powell speech, manufacturing data
Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely…
Business
Asian markets mixed as traders eye US data ahead of Fed decision
Among the reports due for release are private jobs creation, services activity and personal consumption expenditure Asian equities were…
Business
China’s Private Home-Sale Data Vanishes After Vanke Turmoil
(Bloomberg) -- Two of China’s private data agencies skipped releasing data on monthly home sales by the country’s top developers, after…
Business
Vietnam Emerges as Regional Hotspot for AI Data Centres Amid Multi-Billion-Dollar Investments
Vietnam is rapidly gaining prominence as a regional hub for artificial intelligence (AI) infrastructure, as a surge of large-scale data…
Business
India’s Adani seeks up to US$5 billion investment in Google data centre to join AI boom
Indian billionaires Gautam Adani and Mukesh Ambani have also unveiled investments in building data centre capacity India’s Adani Group…
Business
Malaysia’s electrical firms to gain from data centre boom: JP Morgan report
The market capitalisation of MEP businesses has compounded by nearly three times from 2024 to late 2025 Malaysia’s electrical companies…
Business
CME trading halted due to cooling issue at data centres
Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres. “Support is…
News
Malaysia’s data centre hub tightens approvals on water worries
Johor, the Malaysian state emerging as a regional data centre hub, is raising the bar for new projects as authorities seek to curb the…
Business
Asian stocks extend global rally as data boost rate cut hopes
ASIA extended a global equities rally on Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve…
Business
US: Wall Street opens mixed as investors assess data, Alphabet shines
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to…
Business
US stocks opens mixed as investors assess data, Alphabet shines
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to…
Business
JTC, NUS to explore setting up new facility on Jurong Island to test green data centre innovations
Separately, refiner Aster will invest US$150 million in a new gas turbine, and inks deal to produce low-carbon hydrogen Industrial…