Data

Coupang founder Kim Bom apologises for data leak, pledges compensation
Coupang founder Kim Bom apologises for data leak, pledges compensation
[SEOUL] Online retailer Coupang’s founder Kim Bom apologised for the first time for a recent leak of customer data and pledged to unveil a compensation plan as soon as...
US dollar caps worst week since June with focus on data ahead
US dollar caps worst week since June with focus on data ahead
[NEW YORK] A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations for further Federal...
Fed data show December surge in 10-year Treasury delivery fails
Fed data show December surge in 10-year Treasury delivery fails
[NEW YORK] Delivery fails involving 10-year Treasury notes surged to the highest level in eight years this month, a result of the Federal Reserve’s move to shrink its bond...
Singapore stocks flat; latest factory output data posts solid growth
Singapore stocks flat; latest factory output data posts solid growth
[SINGAPORE] Singapore stocks ended flat on Friday (Dec 26), even as the latest factory output data pointed to continued strength in manufacturing activity.The benchmark Straits Times Index (STI) was...
Keppel Data Centre Campus gets conditional approval for 10-year lease extension
Keppel Data Centre Campus gets conditional approval for 10-year lease extension
This is part of the sale of two hyperscale data centres in the campus to Keppel DC Reit[SINGAPORE] Authorities have greenlit a 10-year lease extension (to Jul 15, 2050)...
Data centre race: Singapore betting on quality over scale, say observers
Data centre race: Singapore betting on quality over scale, say observers
As the AI race heats up, the city-state is pursuing a ‘sustainable’ data centre strategy – but what stands in the way of its ambitions?[SINGAPORE] As South-east Asia and...
South Korea central bank to assess incoming data to decide whether and when to lower rates
South Korea central bank to assess incoming data to decide whether and when to lower rates
[SEOUL] South Korea’s central bank will decide whether and when to implement any further interest rate cuts next year based on a comprehensive assessment of incoming data, it said...
Wall Street opens lower as yields rise after GDP data
Wall Street opens lower as yields rise after GDP data
[NEW YORK] US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight technology stocks.At 09.30 am ET, the Dow...
China’s power reforms, global data centre buildout usher in battery boom
China’s power reforms, global data centre buildout usher in battery boom
[BEIJING] A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that...