Posts by Liam Redmond
Reits are emerging as ‘powerful tools’ to fund rocketing data centre costs – Singapore benefits
[ad_1] Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030 [SINGAPORE] Data centres are expensive to construct and operate, as they are also power-guzzling. Amid the artificial intelligence (AI) boom, as demand from hyperscalers for computing power drive up the need for data centre…
Read MoreData centres are expensive. Reits are ‘powerful tools’ to raise capital – and Singapore is benefiting
[ad_1] Data centres are projected to need US$6.7 trillion in global investments to keep up with computing power demand by 2030 [SINGAPORE] Data centres are expensive to construct and operate, as they are also power-guzzling. Amid the artificial intelligence (AI) boom, as demand from hyperscalers for computing power drive the need for data centre capacity,…
Read MoreTexas oil worker jailed in one of Mexico’s most violent prisons after mistakenly crossing border
[ad_1] A Texas oil field worker has been detained in one of Mexico’s most dangerous prisons for nine months after crossing the border in an “honest accident” — while his family pleads for his safe return. Caden Hawkins, 23, has been locked up on weapons charges at Cereso Estatal No. 3 in Juarez since March 2,…
Read MoreDrew & Napier, Withers to collaborate on claims against Switzerland over Credit Suisse AT1 losses
[ad_1] The Singapore firm has filed arbitration for Japanese claimants; expects to file for Singapore, Hong Kong groups by Q1 2026 [SINGAPORE] Drew & Napier, one of Singapore’s largest law firms, and international law firm Withers are collaborating on their claims against Switzerland for its forced write-down of Credit Suisse’s Additional Tier-1 (AT1) bonds. The…
Read MoreSGX not exploring or considering bid for Cboe Australia
[ad_1] [SINGAPORE] Singapore Exchange said it’s not considering buying Cboe Global Markets’ Australian unit, refuting an earlier Australian Financial Review report. “The speculation reported in the AFR article and other media articles is inaccurate. SGX Group is not exploring or considering an acquisition of Cboe Australia,” a spokesperson for the exchange said. Cboe Australia earlier…
Read MoreWhere Knicks’ OG Anunoby stands in his hamstring injury rehab
[ad_1] OG Anunoby continues to make progress in his rehab. He is taking contact in practice, Knicks coach Mike Brown said on Wednesday. That represents improvement from Brown’s update on Sunday, when he said Anunoby was doing 3-on-3 scrimmaging but had not yet been cleared for full contact. OG Anunoby NBAE via Getty Images Wednesday…
Read MoreMicron to exit consumer memory business amid global supply shortage
[ad_1] [BENGALURU] Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence (AI) data centres amid a global supply shortage of the essential semiconductors. Shares of the company were down 2.6 per cent in afternoon trading. Micron’s…
Read MoreIslanders rookie Cal Ritchie beginning to make impact at NHL level
[ad_1] The way Matthew Schaefer has upended the development curve has a way of making you forget what it usually looks like for a prospect to adjust to the NHL. Cal Ritchie’s first month with the Islanders is much closer to the norm. And lately, things have been falling into place for the 21-year-old. More…
Read MoreKnicks rebound from ugly loss with laugher over lowly Hornets
[ad_1] Coming off arguably their worst loss of the year, the desultory Hornets provided the Knicks with the perfect tonic at home. With just over two minutes left in the first quarter, Jordan Clarkson pushed the ball in transition, but the Hornets had both Tidjane Salaun and Sion James back ahead of him. Both looked…
Read MoreChina floods the world with gasoline cars it can’t sell at home
[ad_1] China’s gasoline-vehicle exports alone – not including EVs and plug-in hybrids – made it the world’s largest auto-exporting nation by volume in 2024 [WARSAW] China’s electric-vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers. But foreign players weren’t the only losers. Many Chinese…
Read MoreTyrod Taylor embracing his Jets moment after career ‘of perseverance’
[ad_1] Tyrod Taylor is having the kind of fun at the moment he probably should have had throughout his unique NFL journey, spanning 15 years and seven teams. Who knew this kind of fun would come in his 100th career start on Sunday, against the Dolphins, playing for a young Jets team that’s learning on…
Read MoreParamount hikes Warner Bros breakup fee to US$5 billion
[ad_1] [LOS ANGELES] Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to sources familiar with the company’s offer, part of a sweetened proposal designed to outshine rival bids. The sum would be paid to Warner Bros if a deal is agreed to…
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