Data
Singtel, Hitachi to collaborate on data centres in Japan
They expect to ‘define more power-efficient methodologies that could advance any enterprise’s sustainability goals’THE regional data centre arm of Singtel’s Digital InfraCo unit, Nxera, is exploring opportunities with Hitachi...
Pound at new 13-month high, wage data nudges euro
BUSINESS activity data helped lift the pound to a new 13-month high against the US dollar on Thursday (Aug 22) and kept the euro just shy of a similar...
Pound at new 13-month high; euro slips on softer data
BUSINESS activity data helped lift the pound to a new 13-month high against the US dollar on Thursday (Aug 22) and kept the euro just shy of a similar...
US dollar hits year low versus euro as traders await data and Powell
THE US dollar edged higher on Wednesday (Aug 21) after falling to its lowest level against the euro this year as investors waited for revisions to US employment data...
Abu Dhabi’s Mubadala adds to data centre bets with Yondr deal
MUBADALA Investment is investing in London-based data centre developer Yondr Group, marking the Abu Dhabi wealth fund’s latest foray into a sector that’s expected to benefit from booming demand...
Market bullish ahead of inflation data, Powell’s speech; STI up 0.4% on Tuesday
SINGAPORE stocks extended rally on Tuesday (Aug 20) as investors await eagerly the Republic’s July inflation data and Federal Reserve chair Jerome Powell’s keynote speech. The Straits Times Index...
Goldman cuts US recession risk following retail sales, jobs data
GOLDMAN Sachs Group economists lowered the probability of a US recession in the next year to 20 per cent from 25 per cent, citing last week’s retail sales and...