Business
Microsoft relaxes data centre grip on OpenAI amid US$500 billion joint venture
MICROSOFT on Tuesday (Jan 21) said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture…
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Business
Japan’s NTT appoints banks for US$1 billion data centre Reit IPO in Singapore: sources
JAPAN’S Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a US$1 billion data centre real estate…
Business
Keppel DC Reit to divest Malaysia data centre for RM55.6 million
Reit subsidiary has entered into a sale and purchase agreement with Basis Bay Services MSC, an unrelated third party KEPPEL DC Real Estate…
News
Man causes alarm in German city centre with plastic gun
With Germany on edge after the attack on a Christmas market in Magdeburg, a man with a gun caused alarm in the northern city of Hamelin on…
Business
Who’s pulling ahead in South-east Asia’s data centre race?
THE start of the artificial intelligence (AI) boom has led to a global race among countries to build more data centres and ramp up their…
Business
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
DIGITAL Core Real Estate Investment Trust (Reit), through its subsidiary Digital CR Singapore 5, completed its acquisition of an…
Business
NTT Data seeks to buy land in Johor Bahru to build data centre
Malaysia is in the midst of a boom to build data centres as global tech players rush to meet the demand for infrastructure and computing…
Business
Schneider Electric working with Nvidia to design data centre cooling systems
FRENCH electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data centre cooling systems for use in…
Business
A*Star, thermal management company KoolLogix unveil joint lab to develop data centre cooling solutions
It will focus on developing and testing heat removal technologies for data centres that are driven by artificial intelligence and graphic…
Business
Thailand’s ‘data centre rush’ is starting, as Malaysia strains to keep pace with surging demand: Macquarie
MACQUARIE Research said that the data centre boom in Malaysia will continue but it’s unlikely to keep pace with surging demand. It said…
Business
Digital Core Reit responds to unitholders on proposed acquisition of additional stake in Frankfurt data centre
UNITHOLDERS of Digital Core Real Estate Investment Trust (Reit) have bombarded its manager with questions relating to its acquisition of a…
Business
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer…
Business
Barclays to add Singapore as private bank booking centre by 2026
BARCLAYS plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the…
Business
Financial claims surge 45%, led by spike in scam-related claims, says disputes resolution centre
THE Financial Industry Disputes Resolution Centre (Fidrec) handled 2,162 financial claims for its latest financial period from Jul 1,…
Business
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55…
Business
Hot stock: Keppel DC Reit up 4.6% as investors weigh S$1.4 billion data centre deal, equity fundraising
It remains the top-traded counter in terms of value by mid-day trading break on Wednesday UNITS of Keppel DC Real Estate Investment Trust…
Business
Equinix to build 6th Singapore data centre with US$260 million investment
DATA centre operator Equinix is building a sixth data centre in Singapore with an initial investment of US$260 million, the Nasdaq-listed…
Business
Data centre Reit listings may come calling for Singapore’s equity market as conditions turn favourable
Rising enthusiasm for AI, availability of cheaper financing due to lower interest rates among reasons cited by analysts THE data centre…
Business
Data centre Reits could come knocking on SGX’s doors as conditions turn favourable
Rising enthusiasm for AI, availability of cheaper financing due to lower interest rates among reasons cited by analysts THE data centre…
Business
Data centre Reits could head for IPO on SGX as conditions turn favourable
Rising enthusiasm for AI, availability of cheaper financing due to lower interest rates among reasons cited by analysts THE data centre…
Business
Australia’s HMC Capital to list data centre trust worth A$4 billion
AUSTRALIA’S HMC Capital will press ahead with the initial public offering of its data centres business that would be worth A$4 billion…
Business
YTL Power and Sembcorp Industries among power firms likely to benefit from South-east Asia data centre boom
THE heating up of data centre growth in South-east Asia has been drawing investor interest. Now, analysts are turning the spotlight on one…
Business
Blackstone in advanced talks to acquire shopping centre owner Retail Opportunity: sources
BLACKSTONE is in advanced talks to acquire Retail Opportunity Investments Corp (Roic), which owns US shopping centres and has a market…
Business
US regulators reject amended interconnect agreement for Amazon data centre
US ENERGY regulators rejected an amended interconnection agreement for an Amazon data centre connected directly to a nuclear power plant…