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Search Result for “china”

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INVESTMENT

Bitcoin miners pivot to Southeast Asia after China crackdown

Bloomberg News, Published on 14/06/2024

» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.

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INVESTMENT

Investment giant Franklin Templeton explores Thailand expansion

Bloomberg News, Published on 23/01/2024

» HONG KONG - Franklin Templeton is weighing expansion in Thailand, seeking to lure local investors of offshore products as the asset manager strengthens its Asia operations.

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INVESTMENT

'Salesman' PM Srettha travels world to court investments

Bloomberg News, Published on 09/11/2023

» Srettha Thavisin, a former property tycoon turned prime minister, has spent the two months he has been in office focused on turning around Thailand’s below-par economic performance.

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INVESTMENT

Thailand bets on EVs to draw trillion baht in foreign investment

Bloomberg News, Published on 26/10/2023

» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.

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INVESTMENT

Bitcoin touches an almost 2-month low

Bloomberg News, Published on 18/08/2023

» LONDON - Bitcoin reached an almost two-month low as risk aversion weighs on the cryptocurrency market with global government bond yields climbing to the highest in about 15 years.