Business
Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed…
Tag
Data
Business
US: Wall Street opens lower as investors assess corporate earnings, mixed economic data
Wall Street’s main indexes opened lower on Thursday (Nov 6), as investors digested a slate of corporate earnings, while concerns around US…
News
Google planning powerful AI data centre on tiny Australian Indian Ocean outpost
Data centre could support AI-enabled military command and control node, expert says Google plans to build a large artificial intelligence…
Business
KKR, Singtel seek to fully own Singapore data centre firm in US$3.9 billion deal
KKR & Co and Singapore Telecommunications are in advanced talks to buy more than 80 per cent of ST Telemedia Global Data Centres – which…
Business
Gold edges lower as US jobs data dents rate-cut expectations
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after…
Business
Eyes turn to space to feed power-hungry data centres
TECH firms are floating the idea of building data centres in space and tapping into the sun’s energy to meet out-of-this-world power…
Business
US: Wall Street ends higher as solid data, strong earnings offset valuation concerns
US stocks rebounded on Wednesday as jitters over inflated tech stock valuations abated and upbeat earnings and better-than-expected…
Unsorted
China bans foreign AI chips from state-funded data centres: sources
The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use…
Business
Gold edges up on bargain-hunting as market awaits US jobs data
Bullion hit a record high of US$4,381.21 on Oct 20, but has fallen close to 10% since then. Gold prices edged higher on Wednesday (Nov 5)…
Business
Tesla’s UK car sales halve in October, New Automotive data shows
TESLA’S UK car sales halved year-over-year in October, data from research group New AutoMotive showed on Wednesday, echoing the steep…
Business
Data centres and clean power: Tricky marriage in the spotlight at Singapore’s energy forum
There are calls for financing support and grid upgrades to boost the union’s viability Clean energy – from both domestic projects and the…
Business
Increasingly challenging to find suitable land for data centres: Keppel CEO
Loh Chin Hua says the company has been exploring power banking to boost efficiency Finding land with the right connectivity and access to…
Business
Amazon to invest another US$5 billion in South Korea data centres
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June Amazon.com is setting…
Business
Blackstone, Saudis’ Humain ink US$3 billion data centre deal
Middle Eastern entities have also emerged as a particularly crucial source of funding for the capital-intensive sector Private equity…
Unsorted
Marina Bay Sands fined S$315,000 for 2023 data breach
IMDA notes the failure to take reasonable security measures during a software migration exercise, among other faults The Personal Data…
Business
Green data centres: Singapore companies call for new inter-agency body, innovative financing
Other suggestions include setting up a central agency to procure green energy, similar to Singapore GasCo A new inter-agency body, a…
Business
Eurozone to get hard data on tariff damage as ECB sets rates
Europe’s largest economy is under the spotlight as Chancellor Friedrich Merz tries to engineer a recovery from two years of contraction…
Business
Singapore to build 700MW data centre park on Jurong Island, pilot biomethane imports: Tan See Leng
Singapore will build a low-carbon data centre park on Jurong Island with up to 700 megawatts (MW) of capacity – its largest such facility…
Business
Europe: Shares close at record high on US data, trade hopes
European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in…
Business
US: Stocks end at record highs after inflation data; Dow up 1%
Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve…
Business
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Business
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Business
Bank of Japan chief signals need for more data in deciding October move
Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise various data, including information he collects during…