Hit the gas – stocks’ dashboard is working again

Hit the gas – stocks’ dashboard is working again

HAVE you ever noticed your ability to tune out background noise? So much, you don’t even hear when it stops? Investors do this now with a key global economic indicator: the “yield curve” … which is silently re-steepening. You can profit. The “yield curve” has over a century-long history as a great leading economic gauge.…

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Meta seeks US$29 billion from private capital firms for AI data centres, FT reports

Meta seeks US billion from private capital firms for AI data centres, FT reports

[BENGALURU] Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday (Jun 27). The Facebook-parent advanced discussions with private credit investors including Apollo Global Management, KKR, Brookfield, Carlyle and Pimco, the report said, citing people familiar with…

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‘Long overdue’: Experts welcome advisory against private-sector use of NRIC numbers for authentication

‘Long overdue’: Experts welcome advisory against private-sector use of NRIC numbers for authentication

[SINGAPORE] Urging the private sector to stop using NRIC numbers for authentication is a timely and pragmatic move to strengthen data security, industry players told The Business Times. On Thursday (Jun 26), the government released an advisory telling private-sector organisations to move away from using full or partial National Registration Identity Card numbers to authenticate…

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