Data
US dollar stays lower after US jobs data; euro up ahead of French election
THE US dollar index stayed slightly lower on Friday (Jul 5) after data showed US job growth slowed marginally in June while the unemployment rate rose, underscoring the view...
US: Nasdaq, S&P 500 hit record highs as payrolls data raises rate cut hopes
WALL Street stock indexes closed firmer on Friday (Jul 5), with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs, as new data showing US labour market weakness...
US: Wall Street opens muted after non-farm payrolls data
Wall Street’s main indexes were muted at the open on Friday (Jul 5) after data showed US job growth slowed to a still-healthy pace in June.The Dow Jones Industrial...
IT services company Alpha Data plans US$200 million Abu Dhabi IPO
The digital transformation provider offers technologies such as security and network infrastructureUNITED Arab Emirates-based IT services company Alpha Data is planning an initial public offering (IPO) in Abu Dhabi,...
Asia: Stocks extend gains, dollar dips as US data builds on rate hope
ASIAN equities rose and the dollar slipped further on Thursday as investors welcomed more data pointing to a softening labour market that gives the Federal Reserve room to cut...
Gold ticks higher after weak data fuels US rate cut bets
GOLD prices drifted higher on Thursday (Jul 4), after softer-than-expected US economic data added to hopes that the Federal Reserve could cut interest rates in September.Spot gold rose 0.1...
Amazon to build high-security data centre for Australia
AMAZON.COM will partner with the Australian government for a cloud data system to handle top secret information, in a move that Canberra says will improve the nation’s cyber capabilities...
Singapore data centre industry likely to focus on AI niche for computational efficiency: experts
With the government’s latest road map, data centres will be better placed to serve higher-value workloads THE limited capacity in the data centre sector is likely to push the local data centre...