Stock market falls after mixed data on the economy
The U.S. stock market is drifting lower on Tuesday following mixed data on the economy’s strength, which did little to clear uncertainty about where interest rates may be heading. The S&P…
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D.C. Mayor Bowser skewers House for alleging police chief pressured staff to alter crime data
D.C. Mayor Muriel Bowser is blasting the House Oversight Committee for its "biased" report accusing Metropolitan Police Chief Pamela A. Smith of pressuring subordinates to fudge the city's…
Who should pay for the power grid’s race to keep up with data centers?
The amount of electricity data centers use in the U.S. in the coming years is expected to be significant. But regular reports of proposals for new ones and cancellations of planned ones…
Wall Street slips at open as investors assess key jobs data
Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy, paving the way for more monetary policy easing by the Federal Reserve…
Keppel divests remaining interests in two Singapore data centres for S$50.5 million to Keppel DC Reit
Asset manager Keppel announced on Tuesday (Dec 16) that its connectivity division has agreed to sell its stakes in two data centres for a total cash consideration of S$50.5 million to…
Singapore stocks edge lower ahead of key US data; STI down 0.2%
Singapore stocks ended lower on Tuesday (Dec 16), ahead of a slate of US economic data due later in the day. The benchmark Straits Times Index (STI) fell 0.2 per cent, or 9.44 points, to…
TotalEnergies wins 21-year deal to power Google data centres in Malaysia
The power supply contract is expected to take effect in the first quarter of next year France’s TotalEnergies said on Tuesday (Dec 16) it had signed a 21-year power supply deal with…
Europe: Stocks recover, banks lead; ECB decision, US data in focus
EUROPEAN shares ended higher on Monday in broad-based gains led by banks, kicking off a week packed with central bank decisions and delayed US economic data on a positive note, as…
US stocks close lower as investors position for busy week of data
WALL Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal Reserve candidates and commentary from policymakers…
Congressional panel accuses D.C. police chief of pressuring commanders to manipulate crime data
The police chief in the nation's capital pressured subordinates to manipulate department data to artificially lower the city's crime rates, according to a report by a Republican-led…
Oracle denies report on OpenAI data centre delays
Oracle denied on Friday (Dec 12) a media report that it was delaying OpenAI-related data centres, following investor worries over its debt-fuelled artificial intelligence (AI)…
PDRN Skincare, Espresso Hair, and Polka-Dot Nails: 9 Trends That Dominated 2025, According to Search Data
It's hard to believe that 2025 is coming to an end. It feels like just yesterday that we were waking up on January 1, turning our calendars to a fresh page, and predicting the biggest…
SoftBank eyes data centre group switch as Son hunts for AI
SOFTBANK Group is studying potential acquisitions including data centre operator Switch Inc., as billionaire founder Masayoshi Son ramps up the search for deals that can help it ride the…
Axa warns on data centre ‘gambles’ as private credit risks rise
French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private…
The new AI paradox: smarter models, worse data
AI promises a smarter, faster, more efficient future, but beneath that optimism lies a quiet problem that’s getting worse: the data itself. We talk a lot about algorithms, but not enough…
Coupang CEO resigns over historic South Korean data breach
Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea’s largest-ever data breach, which set off a regulatory and political backlash against the…
OpenAI Staffer Quits, Alleging Company’s Economic Research Is Drifting Into AI Advocacy
OpenAI has allegedly become more guarded about publishing research that highlights the potentially negative impact that AI could have on the economy, four people familiar with the matter…
South Korea police raid e-commerce giant Coupang over data leak
Personal information of 33.7 million customers had been leaked – almost two-thirds of the population South Korean police raided the Seoul headquarters of e-commerce giant Coupang on…
Microsoft “aggressively” looking at South-east Asian clean energy projects amid data centre boom
The tech giant will also “take a very close look” at Singapore’s latest call to build new data centres Microsoft is looking into cross-border clean energy projects in South-east Asia to…
US: Wall St closes with slight gains as data keeps Fed cut expectations on track
US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest rate cut next week…
SC Capital begins construction of 100MW data centre in Nanko island, Osaka
Singapore-based institutional real estate investment management firm SC Capital Partners Group on Friday (Dec 5) began construction of a data centre in Osaka, which has been allocated 100…
CLI-backed SC Capital starts work on US$600 million first phase of Osaka data centre
The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes Singapore-based institutional real estate investment management firm…
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index Asian markets struggled into the weekend on Friday (Dec 5) following a bland lead from Wall Street…
Gold steady as rising yields offset dollar weakness; PCE data eyed
Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US inflation data later in the day for clues into the…