Asia Economy
Singapore pushes for green data centers as growing AI demand strains energy resources
Erik Isakson | Digitalvision | Getty Images SINGAPORE — Singapore is pushing for green data centers as the explosive demand for artificial intelligence puts a strain on energy resources. The city-state launched a green data center roadmap on Thursday to support its ambitions for the digital economy as demand for AI and computing grows. “As […]
Read More
Japan’s Nikkei down 2%, leading losses in Asia ahead of data deluge on Friday
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
Read More
Apple to open initial retail outlet in Malaysia as Asia expansion proceeds
The new Iphone 15 Professional is shown during an Apple occasion at the Steve Work Theater at Apple Park in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Photographs Information | Getty Visuals Apple designs to open up its initial retailer in Malaysia following thirty day period, the corporation stated Wednesday, underscoring a even […]
Read More
Union at Samsung Electronics in South Korea to take strike motion
Samsung Electronics’ union in South Korea has declared it will start out getting strike action, together with advising members as an preliminary protest to get yearly leave on June 7, a union official claimed for the duration of a reside-streamed press convention on Wednesday. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics’ union in South Korea has declared it will start […]
Read More
Asia markets poised to open combined immediately after Nasdaq hits fresh new document large
Reserve Bank of Australia (RBA) at the central bank’s setting up in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Visuals Asia-Pacific marketplaces are set for a combined open up on Wednesday as the Nasdaq Composite strike an additional new document large on Wall Street to surpass 17,000 for the first […]
Read More
Asia markets range bound as ECB officials hint at rate cut, Australia retail sales on deck
The Melbourne skyline is reflected in the Maribyrnong River in the early morning light on April 18, 2023. William West | AFP | Getty Images Asia-Pacific markets were range bound on Tuesday as investors assess comments from the European Central Bank officials signaling that rate cuts may be on the horizon for the world’s largest […]
Read More
China calls on Japan and South Korea to reject ‘protectionism’ in trilateral summit
SEOUL, SOUTH KOREA – MAY 26: South Korean President Yoon Suk Yeol (3rd, L) talks with Chinese Premier Li Qiang (2nd, R) during a bilateral meeting at Presidential Office on May 26, 2024 in Seoul, South Korea. (Photo by Ahn Young-Joon – Pool/Getty Images) Pool | Getty Images News | Getty Images China on […]
Read More
Asia markets are poised to kick-start off knowledge-significant week larger, with aim on China PMI and India GDP
Aerial see of skyscrapers standing at the Lujiazui Money District at sunrise on June 8, 2022 in Shanghai, China. Zhang Zhuoming | VCG | Getty Visuals Asia-Pacific marketplaces had been established to start the ultimate 7 days of Might mostly higher, with traders awaiting critical economic data from China and India. The world’s 2nd-premier economic […]
Read More
Samsung’s HBM chips reportedly fall short Nvidia assessments due to heat and electricity usage woes
A male walks earlier the Samsung logo shown on a glass doorway at the company’s Seocho making in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Pictures Samsung Electronics’ latest significant bandwidth memory (HBM) chips have nevertheless to pass Nvidia’s tests for use in the U.S. firm’s AI processors due to heat and power intake […]
Read More
India and Japan are shiny places in Asia’s ‘supremely interesting’ equity and M&A marketplaces, JPMorgan says
India and Japan are two vivid places in Asia’s “supremely exciting” marketplaces, JPMorgan’s Filippo Gori explained at the bank’s World-wide China Summit on Thursday, referring to the region’s equity as nicely as deal-making landscape. “You have Japan, which is on fire. India, which is quite in high demand from customers,” Gori, co-head of worldwide banking […]
Read More