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Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased…
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US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the Federal Reserve…
Business
Gold hits two-week high with spotlight on US inflation data
GOLD prices nudged higher to touch a two-week peak on Wednesday (Dec 11), supported by escalating geopolitical tensions and expectations…
Business
Google invests in venture to build energy parks for data centres
ALPHABET’S Google is investing in mega energy parks that will generate renewable power as the company races to fuel its data centres. The…
Business
US: Wall St opens mixed, focus remains on inflation data
Wall Street’s main indexes opened mixed on Tuesday (Dec 10) ahead of a key inflation report this week that could influence the Federal…
Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
Business
Gold hovers near two-week peak as focus shifts to US inflation data
GOLD prices remained mostly unchanged on Tuesday (Dec 3), staying near a two-week high hit in the previous session, as investors awaited…
Business
Microsoft unveils zero-water data centres to reduce AI climate impact
MICROSOFT, trying to mitigate the climate impact of its data centre building boom, is starting to roll out a new design that uses zero…
Business
US: Wall St opens muted with inflation data in focus
WALL Street’s main indexes opened flat to lower on Monday (Dec 9), after the S&P 500 and the Nasdaq notched record closing highs in the…
Business
Bond traders see inflation data as key to cinching next rate cut
BOND traders are hoping to coast to the end of a volatile year – unless a surprise jump in inflation throws them another curve. Treasuries…
Business
Gold heads for second weekly fall; spotlight on US payrolls data
GOLD prices held steady on Friday (Dec 6) but were headed for a second straight week of decline, while focus shifted to the US payrolls…
Business
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
DIGITAL Core Real Estate Investment Trust (Reit), through its subsidiary Digital CR Singapore 5, completed its acquisition of an…
Business
US: Wall Street opens muted with jobs data in focus
WALL Street’s main indexes opened subdued on Thursday (Dec 5) following record high closes for all three main indexes in the previous…
Business
NTT Data seeks to buy land in Johor Bahru to build data centre
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing…
Business
Schneider Electric working with Nvidia to design data centre cooling systems
FRENCH electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data centre cooling systems for use in…
Business
Gold little changed; investors await US payrolls data
GOLD prices were little changed on Thursday (Dec 5) as investors awaited US payrolls data, due on Friday, for more cues on the Federal…
Business
US: Wall St opens higher as investors await economic data, Powell comments
WALL Street’s main indexes opened higher on Wednesday (Dec 4), with the benchmark S&P 500 and the Nasdaq hitting all-time highs as…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…
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…
Business
A*Star, thermal management company KoolLogix unveil joint lab to develop data centre cooling solutions
It will focus on developing and testing heat removal technologies for data centres that are driven by artificial intelligence and graphic…
Business
Thailand’s ‘data centre rush’ is starting, as Malaysia strains to keep pace with surging demand: Macquarie
MACQUARIE Research said that the data centre boom in Malaysia will continue but it’s unlikely to keep pace with surging demand. It said…
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…