Culture
Google plans US$40 billion Texas data centre investment amid AI boom
ALPHABET’S Google will invest US$40 billion in three new data centres in Texas, as part of its push to expand capacity for artificial intelligence (AI) initiatives.The planned investment, which...
Google plans US$40 billion Texas data center investment amid AI boom
ALPHABET’S Google said on Friday (Nov 14) it would invest US$40 billion in three new data centers in Texas, as part of its push to expand capacity for artificial...
US: Wall Street ends mixed; traders look to Nvidia report
WALL Street stocks ended mixed on Friday (Nov 14) as investors looked ahead to Nvidia’s quarterly results next week and worried that the Federal Reserve may hold off on...
Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack
[HOUSTON] Oil prices settled more than 2 per cent higher on Friday (Nov 14) as Russia’s port of Novorossiisk halted oil exports following a Ukrainian drone attack that hit...
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate cut, even as the benchmark Stoxx 600 index registered...
Oil gains almost 2% as Russian port suspends oil exports after Ukrainian attack
[LONDON] Oil prices climbed nearly 2 per cent on Friday (Nov 14), boosted by supply fears after the Black Sea port of Novorossiisk halted oil exports following a Ukrainian...
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
[NEW YORK] Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts...
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions[TOKYO] Japan’s largest banks raised their annual profit forecasts and expanded share buyback programmes after strong...
Cartier owner sales lifted by jewellery, improving Asia
Strong demand for jewellery boosted the sales of brands such as Buccellati, Cartier, Van Cleef & Arpels and Vhernier by 6% [ZURICH] Swiss luxury group Richemont, owner of Cartier...
Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
[SINGAPORE] Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the year-ago period.This...
