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SingTel secures $476 million green loan to develop data centre
07 Feb 2025

SingTel secures $476 million green loan to develop data centre

Singapore Telecommunications (SingTel) said on Friday that it had secured a S$643 million ($476.16 million) green loan to finance the development of a new 58 megawatt (MW) data centre in the city-state.
Emerson beats quarterly profit estimates on strong industrial components demand

Emerson beats quarterly profit estimates on strong industrial components demand

06 Feb 2025
Engineering solutions provider Emerson topped first-quarter profit estimates on Wednesday, fueled by resilient demand in its valves and regulators unit.
Alphabet plans massive capex hike, reports cloud revenue growth slowed

Alphabet plans massive capex hike, reports cloud revenue growth slowed

05 Feb 2025
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.
Data centre demand drives Keppel's annual profit higher

Data centre demand drives Keppel's annual profit higher

05 Feb 2025
Singapore’s Keppel posted a 5% rise in its full-year underlying profit on Wednesday, as earnings for its connectivity segment were boosted by strong demand for digital infrastructure required for artificial intelligence-based services.
Infineon more positive on revenue outlook after Q1 stronger than expected
04 Feb 2025

Infineon more positive on revenue outlook after Q1 stronger than expected

German chipmaker Infineon slightly revised up its full-year revenue outlook on Tuesday due to expected currency effects after a fall in fiscal first-quarter revenue was not as bad as expected.
Software firm Dassault Systemes sees higher sales, earnings in 2025

Software firm Dassault Systemes sees higher sales, earnings in 2025

04 Feb 2025
French software company Dassault Systemes on Tuesday forecast revenue growth of between 6% and 8% for 2025, above the 5% rise seen last year, counting on its competitive positioning after its software revenue improved in the fourth quarter.
Chipmaker STMicroelectronics sees an even softer first quarter in 2025

Chipmaker STMicroelectronics sees an even softer first quarter in 2025

30 Jan 2025
STMicroelectronics, one of Europe’s largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025, as the downturn seen in its key markets drags on into the new year.
ASML shares surge after strong bookings

ASML shares surge after strong bookings

29 Jan 2025
ASML shares rose sharply in early Frankfurt trading on Wednesday following strong quarterly bookings.
Rivian says other automakers 'knocking on door' about tech from VW joint venture

Rivian says other automakers 'knocking on door' about tech from VW joint venture

24 Jan 2025
A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
23 Jan 2025

OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
Taiwan's HTC to sell part of XR unit to Google for $250 million

Taiwan's HTC to sell part of XR unit to Google for $250 million

23 Jan 2025
Taiwan’s HTC said on Thursday it will sell part of its unit for extended reality (XR) headsets and glasses to Google for $250 million and transfer some of its employees to the U.S. company.
Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

10 Jan 2025
South Korea’s Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local giants with established petrol and hybrid vehicle technologies.
Dubai developer DAMAC signs $1 billion deal with blockchain platform MANTRA

Dubai developer DAMAC signs $1 billion deal with blockchain platform MANTRA

10 Jan 2025
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said on Thursday.
Honeywell, NXP Semiconductors expand partnership to develop aviation technology

Honeywell, NXP Semiconductors expand partnership to develop aviation technology

09 Jan 2025
Honeywell and NXP Semiconductors will expand their partnership to develop AI-driven technology for aviation and autonomous flying, the companies said on Wednesday.

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