Data
Power crunch, red tape forcing Asia’s data centres out of hyperscaler hubs
Operators are pivoting towards a ‘decentralised’ model – which places data centres in ‘Tier-2’ cities[SINGAPORE] Operators are starting to move data centres out of metropolitan hubs and opting for...
Supertankers sailing to pick up Venezuelan oil for China make U-turns, ship data shows
[HOUSTON] Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes made U-turns and were headed back to Asia, LSEG shipping data showed on Monday,...
Wall Street opens higher after jobs data; tariff ruling awaited
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday (Jan 9), as investors digested weaker-than-expected jobs data, while awaiting a Supreme Court ruling on US President Donald...
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes[NEW YORK] Meta Platforms agreed to a series of electricity...
Gold falls as commodity index adjustments weigh ahead of US jobs data
[BENGALURU] Gold fell on Friday (Jan 9) as commodity index readjustments and a firm US dollar kept the pressure on prices in the near term, with investors positioning ahead...
London player Colt targets data centre migration to expand Singapore market share
It views global connectivity as its competitive advantage, and identifies opportunities in SGX data centre migration[SINGAPORE] Data centre migrations are an opportunity for global challengers to consolidate and solidify...
Wall St opens muted after AI-driven rally; labour data in focus
[NEW YORK] Wall Street’s main indexes opened muted on Wednesday (Jan 7), as investors took a breather after an AI-driven rally in the previous session, while awaiting a labour...
DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion
DAYONE-FUNDRAISING/ (URGENT):DayOne Data Centers raises over $2 billion to fund Europe, Asia expansion[SINGAPORE] DayOne Data Centers has entered into definitive agreements for over US$2.0 billion in its series C...
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for seven billion rupees
[SINGAPORE] CapitaLand India Trust (Clint) has entered into definitive agreements to divest 20.2 per cent of its stakes in three data centre assets under development to the CapitaLand India...
CapitaLand India Trust to divest 20.2% stakes in three data centre assets for 7 billion rupees
The assets will be acquired by CapitaLand Investment’s development-focused data centre fund, which completed its first close with S$150 million in equity[SINGAPORE] CapitaLand India Trust (Clint) has entered deals...