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Search Result for “$8 billion”

Showing 1 - 10 of 172

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INVESTMENT

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

Bloomberg News, Published on 09/05/2024

» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

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LIFE

Taylor Swift draws 5 times as many US travellers as Olympics

Bloomberg News, Published on 07/05/2024

» Paris authorities have spent years readying for the almost 2 million international visitors expected for the 2024 Summer Olympics, but they may have overlooked a far bigger phenomenon now coming to the city: Taylor Swift.

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GENERAL

Thai drinks firm plans Singapore IPO for coconut water exporter

Bloomberg News, Published on 07/05/2024

» Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.

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INVESTMENT

Bitcoin ETF discounts reach records after late-day selloff

Bloomberg News, Published on 02/05/2024

» NEW YORK - Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.

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GENERAL

Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.

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GENERAL

Shopping mall owner said to consider biggest IPO since 2022

Bloomberg News, Published on 21/03/2024

» Shopping mall owner Siam Piwat Company is moving closer to what would be Thailand's biggest initial public offering (IPO) in about two years, according to people with knowledge of the matter.

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GENERAL

Cash gifts, free milk raise risks to Thailand, Indonesia ratings

Bloomberg News, Published on 27/02/2024

» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.

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INVESTMENT

Bitcoin surges to $50,000 for first time since 2021

Bloomberg News, Published on 13/02/2024

» BOSTON - Bitcoin hovered around US$50,000 after briefly scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that cast doubt on the industry's viability.

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GENERAL

Central bank seen resisting rate-cut pressure

Bloomberg News, Published on 07/02/2024

» The Bank of Thailand (BoT) will probably keep its benchmark rate steady at more than a decade-high on Wednesday, resisting political pressure for a cut as the monetary authority is wary of lowering borrowing costs too soon.

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GENERAL

Government taps Chinese influencers to boost exports

Bloomberg News, Published on 07/02/2024

» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.