Showing 1 - 10 of 4,208
Dow index tops 40,000 for first time
Published on 16/05/2024
» NEW YORK - The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve.
New 'Lord of the Rings' movie will put Gollum centre stage
New York Times, Published on 11/05/2024
» NEW YORK - The next movie in the "Lord of the Rings" franchise will focus on Gollum, one of the series' most recognisable characters, Warner Bros Pictures announced on Thursday.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
The mother of all climate feedbacks?
Oped, Gwynne Dyer, Published on 10/05/2024
» 'Just like this year, last year the heatwave extended from parts of India to Bangladesh and Myanmar, and all the way to Thailand. This year it went further east, into the Philippines. So, it's the same pattern," said Prof Krishna Achutarao of the Indian Institute of Technology. "I do not particularly buy into this idea that El Niño is the cause."
Making sense of Microsoft's local outlays
Business, Suchit Leesa-nguansuk, Published on 09/05/2024
» Microsoft's announcement last week of its first investment in a data centre region in Thailand is expected to enhance the country's digital ecosystem and could fuel competition in the data centre sector.
AI boom fuelling data centre expansion into Asia
Reuters, Published on 08/05/2024
» SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of mergers and aquisitions (M&A) and other investment linked to data centres in the Asia-Pacific region as the artificial intelligence (AI) boom fuels demand for digital infrastructure.
Amazon.com commits another $9bn to Singapore
Published on 07/05/2024
» Amazon.com plans to spend $9 billion expanding its cloud computing infrastructure in Singapore, the latest global tech company to boost investment in Southeast Asia.
US-China to discuss arms control and artificial intelligence
Published on 07/05/2024
» WASHINGTON - US and Chinese diplomats plan to meet later this month to begin what amounts to the first, tentative arms control talks over the use of artificial intelligence.
1% credit card fee remains on hold
Business, Somruedi Banchongduang, Published on 04/05/2024
» The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.
Microsoft pledges $2.2bn in AI investment in Malaysia
Bloomberg News, Published on 02/05/2024
» KUALA LUMPUR - Microsoft Corp will invest US$2.2 billion to build digital infrastructure in Malaysia, the latest in a series of big-ticket bets on Asia’s rising prominence as a technology market.