Data
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
[NEW YORK] Shares of data storage companies such as Seagate and Western Digital (WDC) have sharply outperformed the broader market this year, powered by the staggering demand for hard...
Amazon to invest another US$5 billion in South Korea data centres
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June[SEOUL] Amazon.com is setting aside another US$5 billion for investment...
Eurozone to get hard data on tariff damage as ECB sets rates
Europe’s largest economy is under the spotlight as Chancellor Friedrich Merz tries to engineer a recovery from two years of contraction[FRANKFURT] Europe will get a rigorous economic health-check this...
Europe: Shares close at record high on US data, trade hopes
[BENGALURU] European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in US-Chinese trade tensions,...
US: Stocks end at record highs after inflation data; Dow up 1%
[NEW YORK] Wall Street stocks surged to fresh records on Friday (Oct 24) after benign US inflation data set the stage for another US Federal Reserve interest rate cut.All...
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s upbeat results offered a boost.At 9.30 am EDT, the Dow...
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. [BENGALURU] Gold prices rose on Friday (Oct 24), supported by lingering...
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week[BEIJING] Gold prices edged lower on Thursday (Oct 23), weighed down by...
