Markets

SINGAPORE: With consumers and businesses gobbling up more data in an increasingly connected world, data centres are in hot demand.    Packed with rows and rows of servers, they store, process and communicate data produced every single day, forming the backbone of a booming digital economy around ...

SINGAPORE'S new restrictions on work pass holders from higher-risk regions could cause temporary uncertainty for companies in the technology and financial sectors, but this blip is unlikely to significantly dent expansion plans, observers told The Business Times.Continued on Page 2

THE world has become used to low inflation, but now, fears of inflation overshooting central banks' expectations are giving some investors pause.

Donald Trump encouraged the Capitol rioters and so earned his Facebook ban, but the social media giant's rules are in "shambles" and need fixing, the co-chair of the network's oversight panel said on Sunday (May 9).

If Epic Games hopes to dismantle the fortress surrounding Apple's iPhone and its app store, the video game maker probably will need to roll out some heavier artillery heading into the second week of a trial threatening Apple's US$2 trillion empire.

The shutdown of a vital US pipeline because of a ransomware attack stretched into a third day on Sunday (May 9), with the Biden administration saying an “all-hands-on-deck” effort is underway to restore operations and avoid disruptions in gasoline supply.

SpaceX will launch the "DOGE-1 Mission to the Moon" in the first quarter of next year, with Elon Musk's commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment.

Long-haul carrier Emirates to ship aid for free into India

Myanmar's military rulers have approved new investment in projects worth nearly US$2.8 billion, including a liquefied natural gas (LNG) power plant that will cost US$2.5 billion, the country's investment body said. Approvals for 15 projects were given on Friday (May 9) by the Myanmar Investment ...

JERUSALEM: Israel will sign a free trade agreement with South Korea this week, marking the first such arrangement with an Asian market, Israel's economy ministry said on Sunday. The deal is meant to bolster bilateral trade by cutting out customs duties and offering safety nets on investments ...