People walk past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Monday, Nov. 20, 2023, in Tokyo. Asian shares were higher Monday after Wall Street closed...
TOKYO – Japan’s services activity expanded at the slowest pace this year in October, a business survey showed on Monday, reinforcing concerns that the key sector propelling economic growth is continuing to soften. The final au Jibun Bank Service purchasing managers’ index (PMI) fell to 51.6 in October from 53.8 in September, beset by weak demand. The index was slightly above the flash reading of 51.1 and remained over the 50.0 threshold separating expansion from contraction, according to the survey compiled by S&P Global Intelligence. ...
MANILA, Philippines — Aboitiz InfraCapital Inc. (AIC) is targeting to finally start the construction of a data center soon, fleshing out the partnership inked with United States-based technology firm EdgeConneX (ECX) less than two years ago. Cosette Canilao, AIC president and CEO, told the Inquirer they were hoping to begin building their first data center within the year. The companies are still finalizing the location and the data capacity of the hub, which is designed to cater to critical servers and information technology networks, she sa ...
MARRAKECH, Morocco -The European Central Bank should aim to engineer a “soft landing” for the euro zone’s economy, as long as it is confident that inflation will keep falling towards its 2 percent goal, ECB policymaker Francois Villeroy de Galhau said on Thursday. The French central bank governor repeated his view that the ECB should keep its key interest rate at its current level – the highest in its 25-year history – for as long as necessary. But he also opened the door to taking growth into consideration as a “secondary mandate ...
MANILA -Local companies are fortifying their cyber defenses to support remote working, which has become a preference for many employees since the onset of the pandemic that barred mobility, according to an enterprise cloud provider. Trend Micro Philippines country manager Ian Felipe, in an interview with the Inquirer, said that organizations “showed improvement in their cyber preparedness levels” as “robust cybersecurity enables Filipino employees to work from anywhere securely and efficiently.” ...
MANILA -Industry giant Globe Telecom said it was the first in the Philippines to deploy “end-to-end” 5G “network slicing,” which gives the operator flexibility on how it allocates data to different applications. Network slicing is one of the defining features of 5G, which is touted as the next-generation mobile standard that offers ultra-fast internet speeds. Globe said in a statement on Monday the feature was “successfully tested for cloud gaming, a virtual reality laboratory (VR Lab), video surveillance analytics, augmented reality ...
ACEN eyes expansion in Pilbara, Australia ; Better alternative sources of protein; why you dont need so much of it ; Yellow alert risks raised but enough power supply assured for Oct polls
Google has been investing heavily in cloud infrastructure to try and catch Amazon and Microsoft, but the unit has been unprofitable until now.
MANILA -Converge ICT Solutions Inc. is spending at least $60 million to put up three data centers given the increasing demand for data storage in the advent of accelerated digitalization. Dennis Uy, the CEO and founder of the internet service provider, told reporters in Manila last week their goal of building data hubs in Pampanga, Quezon City and Cebu in the next 18 to 24 months. These will accompany existing facilities in Clark and Pasig. Each data center will be built with 600 racks, which can be expanded to 1,000. A rack houses servers, net ...
A transmission tower is silhouetted against the setting sun near Kori Nuclear Power Plant in Busan, South Korea, Aug 18, 2022. REUTERS/Kim Hong-Ji