Business
Data centre Reits could come knocking on SGX’s doors as conditions turn favourable
Rising enthusiasm for AI, availability of cheaper financing due to lower interest rates among reasons cited by analysts THE data centre…
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Data
Business
Data centre Reits could head for IPO on SGX as conditions turn favourable
Rising enthusiasm for AI, availability of cheaper financing due to lower interest rates among reasons cited by analysts THE data centre…
News
Germany's statistical office reports possible data leak
Germany's Federal Statistical Office (Destatis) has suspended a digital reporting system for authorities after indications of a possible…
Business
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its central…
Business
US: Wall Street edges higher at the open after PPI data
WALL Street’s main indexes edged higher at the open on Thursday (Nov 14) after a broadly in line reading of producer prices data, with…
Business
Inflation data boots Wall Street as stocks hover near records
Wall Street moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors anticipating further…
Business
US: Wall Street opens little changed after in-line inflation data
WALL Street’s main indexes were steady on Wednesday (Nov 13) after in-line consumer price inflation data kept the Federal Reserve on track…
Business
US dollar pulls back from six-month peak after US inflation data
THE US dollar pulled back from a 6½-month high against major currencies on Wednesday (Nov 13) after data showed US inflation for October…
Business
US: Wall Street opens little changed as focus moves to economic data
WALL Street was steady at the open on Tuesday (Nov 12) as focus shifted from the US election to key inflation data later in the week for…
Business
Gold hovers near one-month low ahead of US data, Fed speakers
Gold hovered near a one-month low on Tuesday (Nov 12) as investors looked forward to US economic data and comments from Federal Reserve…
Business
Australia’s HMC Capital to list data centre trust worth A$4 billion
AUSTRALIA’S HMC Capital will press ahead with the initial public offering of its data centres business that would be worth A$4 billion…
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…
Business
YTL Power and Sembcorp Industries among power firms likely to benefit from South-east Asia data centre boom
THE heating up of data centre growth in South-east Asia has been drawing investor interest. Now, analysts are turning the spotlight on one…
Business
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: Stocks rise as market eyes Fed decision after weak jobs data
WALL Street stocks rose on Friday (Nov 1) following strong Amazon earnings and weak US jobs data that was seen as boosting the likelihood…
Business
KKR sees US$250 billion spent annually from data centre boom
SOARING demand for data centres to support artificial intelligence and cloud-computing will boost global spending in the sector to US$250…
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…