Fashion
Data centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore is benefiting
Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030[SINGAPORE] Data centres are expensive to construct and operate, as...
SGX not exploring or considering bid for Cboe Australia
[SINGAPORE] Singapore Exchange said it’s not considering buying Cboe Global Markets’ Australian unit, refuting an earlier Australian Financial Review report.“The speculation reported in the AFR article and other media...
Micron to exit consumer memory business amid global supply shortage
[BENGALURU] Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence...
Asian markets stumble as traders struggle to hold Fed cut rally
Bets on a US reduction on Wednesday have surged to around 90% in the past two weeks[HONG KONG] Asian markets struggled to maintain their early momentum on Thursday (Dec...
Ship rates spiking 467% marks upended trade across commodities
Freight rates have eased slightly from a peak at the end of November, but elevated costs are reverberating across the shipping market[HONG KONG] Rates to ship commodities from energy...
Gold holds steady after weak US jobs data reinforce rate-cut bets
[BENGALURU] Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of a US interest rate cut at...
Ringgit rally, fiscal strength fuel Malaysia’s bond momentum
[KUALA LUMPUR] Malaysia’s improving fiscal outlook, moderating inflation and resilient currency are enhancing the appeal of its bonds, positioning them for continued gains into next year.Global funds have poured...
Goldman, BlackRock rush to fill wealth-advice void in Australia
As governments everywhere struggle with ageing populations and ballooning deficits, the country’s superannuation system stands out as a model – with a warning[MELBOURNE] On one of Larry Fink’s frequent...
Nvidia scores lobbying win as Congress rejects chip export bill
Lawmakers are working on another bill, the Safe Act, which would codify existing limits on AI chip sales to China[WASHINGTON] Nvidia is on the verge of securing a massive...
Intel says it will keep networking and communications unit
The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says[SAN FRANCISCO] Intel said on Wednesday (Dec 3) that it has opted to...
