Companies & Markets
Singtel’s regional data centre arm Nxera opens largest data centre in Tuas
Nxera’s operational and pipeline capacity is expected to more than double to over 400 megawatts in the mid-term
Hotel Grand Central to book net loss in FY2025 on impairment losses
This comes after the group posted a 54.5% year-on-year decline in net profit for H1
About 120,000 users affected by Singtel-owned Optus’ mobile service outage
The Australian telco says it has ‘noticed a significant decline in the number of customers impacted’
US IPO proceeds to quadruple to record US$160 billion in 2026 as dealmaking rebounds, says Goldman
The Wall Street brokerage also expects the number of IPOs to double to 120 this year
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Singapore stocks continue rally, mirroring regional indices; STI up 0.5%
Across the broader market, gainers outnumber losers 432 to 165 after 1.3 billion securities worth S$2.4 billion change hands
Ascott to top S$500 million fee target on new signings, pipeline projects turning operational
The company has signed a record 19,000 units across 102 properties in 2025
Bitcoin steadies above US$70,000 after wild roller-coaster ride
The relative calm was in stark contrast to last week’s wild swings
DBS to give junior staff special one-time bonus of S$1,000 each
The lender will set aside S$18 million for the payment
Chinese chip firm Montage Technology soars 64% in Hong Kong debut
Retail portion of offering more than 700 times oversubscribed
Renminbi hits fresh 33-month high after report of regulators warning on US Treasury risk
Stronger fixing, FX reserves growth also lift sentiment