Tag: Asia-Pacific

BusinessTechnology

Asia-Pacific Markets Brace for Lower Open Following Wall Street Slump on Trade Tensions

Asia-Pacific markets are poised for a lower opening Thursday as trade tensions between the U.S. and China resurface. Investors are closely monitoring the Bank of Korea’s policy decision amid growing economic concerns across the region.

Market Declines Spread Across Asia-Pacific Region

Asia-Pacific markets were reportedly set for a lower opening Thursday, mirroring Wall Street’s declines as concerns about U.S.-China trade relations resurfaced. According to market analysts, the downward trend reflects growing investor anxiety about potential new trade restrictions between the world’s two largest economies.

by Nathan Cross
BusinessStartups

DayOne Seeks $1 Billion Investment for Global Data Center Expansion Push

Data center operator DayOne is reportedly seeking to raise $1 billion in new funding to accelerate its global expansion strategy. The Series C round could value the former GDS International unit at $4-5 billion as it expands beyond APAC markets.

Major Funding Round for Data Center Expansion

APAC data center operator DayOne is reportedly seeking to raise approximately $1 billion in a new funding round to fuel its expansion beyond the Asia-Pacific region, according to sources familiar with the matter. The company, which recently became an independent entity, is said to be tapping both new and existing investors for the Series C round.

by Henry Blakemore