Data
Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus
AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and mining stocks ahead of the release of April inflation...
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
[NEW YORK] Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen its competitive edge in the...
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
[BENGALURU] Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT) reported on Friday (May 23).The data centre,...
Europe: Stocks pressured by rising bond yields, weak economic data
EUROPEAN stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while data showing weak euro zone business activity added to the gloom.The pan-European Stoxx 600 index...
Oil Prices Fall After U.S. Credit Downgrade and Weak China Data
Oil prices dropped on Monday as two significant developments shook investor confidence. Moody's cut the U.S. sovereign credit rating, and China reported a more meager-than-expected increase in its industrial output and...
Greenback rises to fourth straight weekly gain on latest US economic data
THE dollar strengthened on Friday (May 16) after the latest round of economic data showed a rebound in import prices while consumer sentiment remained subdued as tariff worries jumped,...
OpenAI to help UAE develop one of world’s biggest data centres
[HONG KONG] OpenAI plans to help develop a massive new data centre in the United Arab Emirates that may eventually be one of the largest in the world, a...
US: Wall Street advances on trade hopes, data shows investor pessimism
[NEW YORK] Wall Street’s main indices rose on Friday (May 16) for their fifth straight day, buoyed by the US-China tariff truce earlier in the week even as economic...
