Data
AI boom set to fuel data centre deals in Asia this year
GLOBAL private equity investors and asset managers are readying for billions of US dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial...
AI boom set to fuel data centre deals in Asia this year
GLOBAL private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence...
Philippines’ PLDT in talks to sell up to 49% of data centre business to Japan’s NTT
THE Philippines’ largest telecommunications group PLDT is in talks to sell up to 49 per cent of its data centre business to Japan’s Nippon Telegraph and Telephone (NTT), PLDT...
Apple is working on its own AI chip for data centres: WSJ
APPLE has been developing a homegrown chip to run artificial intelligence (AI) tools in data centres, though it’s unclear if the semiconductor will ever be deployed, The Wall Street...
Asia: Markets build on rally as US jobs data boost rate cut hopes
MOST Asian markets rose on Monday after data showing fewer US jobs were created last month rekindled optimism interest rates will be cut this year, while mainland Chinese equities...
Data centre operators seek government support as demand for green energy surges
TOTAL power demand from data centres in Singapore is expected to increase as more companies digitalise and transition to using cloud infrastructure. In view of this, market watchers say...
Oil settles down on US jobs data, steepest weekly loss in three months
OIL prices settled lower on Friday (May 4), and posted their steepest weekly loss in three months as investors weighed weak US jobs data and possible timing of a...
US: Wall St opens sharply higher on soft jobs data
Wall Street’s main indexes opened higher on Friday (May 3) after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in...
