Data
Singtel-TM joint venture to develop data centres in Malaysia, enhance digital connectivity
SINGTEL’S regional data centre business, Nxera, is partnering Malaysia telco TM to develop data centres, starting with a data centre campus in Johor, the joint venture (JV) said on...
Asia: Markets rise with Wall Street as traders eye latest US data
ASIAN equities rallied on Tuesday, tracking another tech-driven record on Wall Street, while investors awaited fresh US economic data to get a better handle on the outlook for inflation.With...
Bank of Japan may raise rates in July depending on data, says Governor Ueda
BANK of Japan Governor Kazuo Ueda said on Tuesday the central bank could raise interest rates next month, depending on economic and price data available at the time.“Our decision...
Fed’s Mester sees inflation risks to upside despite better data
Federal Reserve Bank of Cleveland President Loretta Mester said she still sees inflation risks as tilted to the upside despite welcome news in the latest data.Mester, speaking in print...
Japan watchdog recommends action on MUFG units over sharing of client data
JAPAN’S securities watchdog recommended on Friday (Jun 14) that the banking and securities units of Mitsubishi UFJ Financial Group (MUFG) be penalised for what it said was unauthorised sharing...
US: S&P 500, Nasdaq open higher on soft inflation data, chip boost
THE Nasdaq and S&P 500 rose on Thursday (Jun 13), led by a jump in chip stocks, after lower-than-forecast producer inflation data fanned expectations of interest rate cuts from...
Asia: Stocks build on Wall Street records after US inflation data
ASIAN traders extended a rally across world markets on Thursday as they welcomed figures showing US inflation slowed further last month, tempering concerns about the Federal Reserve’s forecast of...
Europe: Shares gain as cool US data bolsters Fed rate cut hopes
EUROPEAN shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool US inflation reading propped up hopes that the Federal Reserve could kick-off its policy easing cycle...