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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxAnaplan has launched a Singapore-based AWS data center to support local compliance needs and regional growth.The new facility expands the company’s global infrastructure and is aimed at customers in Southeast Asia that require in-country data hosting.Anaplan said the move will improve processing speeds and strengthen security controls, particularly for organisations in the public sector and financial services.The company will host its AI-driven planning and analysis platform on Amazon Web Services infrastructure in Singapore, allowing customers to meet local regulatory requirements while using its planning platform.Amit BaggaAmit Bagga, Managing…

Indonesia’s government spending jumps 26% in January

EUROPEAN SESSIONIn the European session, the only highlight is going to be the German IFO survey. The IFO is correlated with the German Composite PMI given that they measure basically the same thing. The Business Climate index is expected to tick higher to 88.3 vs 87.6 prior, but whatever the data, the market reaction will likely be muted given no changes to economic or policy outlook.AMERICAN SESSIONIn the American session, we just have Fed’s Waller giving a speech on economic outlook. He’s one of the most respected governors and has also been a “leading indicator” for Fed’s policy path. He’s…

Cotton futures posted a rally or 110 to 150 points across most contracts on Friday, as March closed out the week with a 92 point gain. Crude oil futures was down 4 cents per barrel on the day at $66.36. The US dollar index was down $0.170 to $97.685. USDA’s Export Sales report from this morning showed 466,253 RB of cotton sold in the week of 2/12. That was a marketing year high and the larges sale for a single week since June 2023. Vietnam was the largest buyer of 144,800 RB, with 126,400 RB to Bangladesh, and 50,000 RB to…

Fox News national correspondent Bryan Llenas reports on a historic blizzard expected to slam the Northeast with more than 29 million Americans under warning on ‘The Big Weekend Show.’ U.S. and Canadian airlines canceled flights Sunday to parts of Mexico after Mexican officials said drug lord Nemesio Oseguera, known as “El Mencho,” was killed in a military operation, triggering reported clashes in Jalisco state and prompting travel advisories. United Airlines canceled all Sunday flights to Puerto Vallarta and Guadalajara.”United Airlines flight operations to/from PVR (Puerto Vallarta) and GDL (Guadalajara) are canceled today,” United Airlines said in a statement to FOX…

Ethereum co-founder Vitalik Buterin has thrown his support behind the Fork-Choice Enforced Inclusion Lists (FOCIL) upgrade, calling it a critical reinforcement of the network’s cypherpunk principles.The protocol change, slated to headline the Hegota hard fork in 2026, aims to neutralize transaction censorship by forcing validators to include all valid transactions in the blockchain. Specifically, FOCIL mandates the inclusion of valid transactions to prevent validators from filtering activity in response to external sanctions or pressure. The upgrade works synergistically with EIP-8141 to designate smart accounts and privacy protocols as first-class network citizens. Developers have scheduled the mechanism for the Hegota upgrade,…

Reaction to US Supreme Court ruling and Trump’s new tariff threat

Appian (NASDAQ:APPN – Free Report) had its target price reduced by Barclays from $34.00 to $21.00 in a report issued on Friday morning,Benzinga reports. Barclays currently has an underweight rating on the stock. Other equities analysts have also recently issued research reports about the company. Zacks Research cut Appian from a “strong-buy” rating to a “hold” rating in a report on Friday, January 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Appian in a research note on Monday, December 29th. TD Cowen reaffirmed a “hold” rating on shares of Appian in a research report on Thursday, November…

A Trump-linked crypto firm is bringing the former president’s brand into the structured credit market.World Liberty Financial plans to tokenize loan-revenue interests tied to the Trump International Hotel and Resort Maldives, offering investors exposure to projected interest payments connected to the project’s financing rather than ownership of the property itself.With the completion date set for 2030, the deal converts future debt service into a digital security and places the current President’s name at the center of a regulated financial product.Put simply, investors will be buying a slice of a resort loan’s interest payments rather than buying any part of the…

Sentiment on the Magnificent 7 and software stocks has been very negative lately, resulting in significant underperformance from these groups. The perceived headwinds for these stocks are tied to developments in the artificial intelligence space, though the nature of those AI connections is different.The Mag 7 companies are undisputed AI leaders, with market concerns about these stocks centered on their ever-rising capital budgets. We had discussed these capex worries in our note following Q4 results from Amazon AMZN, Alphabet GOOGL, and Microsoft MSFT as follows -‘The market’s reaction to Amazon is broadly in the same category as Alphabet’s after its…