Data
US dollar higher after manufacturing data lowers June rate bets
THE greenback rose on Monday (Apr 1) after data showed the US manufacturing sector grew in March for the first time since September 2022, while the yen loitered below...
Singapore stocks end higher on Monday after positive China data; STI up 0.3%
SINGAPORE shares climbed on Monday (Apr 1) after the Good Friday weekend, on the back of data showing that China’s manufacturing activity expanded in March. The benchmark Straits Times...
Asia: Markets mixed after US inflation data, China figures give boost
ASIAN markets were mixed on Monday after data showed a slight uptick in US inflation but Federal Reserve boss Jerome Powell said the reading was “in line with expectations”.Traders...
Apac data centre lobby group hopes to help industry mature in the region
AS THE first such association of its kind, the Asia-Pacific Data Centre Association (APDCA) aims to educate governments and policymakers about the importance of data centres as infrastructure that...
US February inflation data ‘along the lines’ of what Fed wants, Powell says
THE latest US inflation data is “along the lines of what we would like to see”, Federal Reserve chair Jerome Powell said on Friday (Mar 29) in comments that...
US dollar gains as inflation data looms; yen on intervention watch
THE US dollar gained on the euro and pound on Thursday (Mar 28) after a US Federal Reserve policy maker said he wasn’t in a hurry to cut rates,...
Amazon bets US$150 billion on data centres required for AI boom
AMAZON.COM plans to spend almost US$150 billion in the coming 15 years on data centres, giving the cloud-computing giant the firepower to handle an expected explosion in demand for...
Asia: Markets mixed as traders assess latest rally, eye data and earnings
MARKETS were mixed in Asia on Wednesday following a negative day on Wall Street as observers warn the latest equities rally may have run out of steam, with investors...
