Showing 1 - 10 of 18
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
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.
Bitcoin ETFs post longest run of inflows as token nears record
Bloomberg News, Published on 07/06/2024
» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Parliament plans special session to fast-track budget
Bloomberg News, Published on 01/06/2024
» The parliament will convene a special session this month as Prime Minister Srettha Thavisin seeks to speed up approval of a budget bill to revive the country's economic growth.
Govt plans Asia's first sovereign sustainability-linked bond
Bloomberg News, Published on 29/05/2024
» The government plans to sell as much as US$1.1 billion of baht-denominated sustainability-linked bonds (SLBs) in the fourth quarter, in what looks set to be the first such offering from an Asian government.
Singapore Air staff score almost eight months’ salary as bonus
Bloomberg News, Published on 16/05/2024
» SINGAPORE - Singapore Airlines Ltd will reward staff with a bonus payout worth almost eight months of salary, according to a person familiar with the matter, after delivering a second consecutive record annual profit.
Malaysian ex-PM's wife sued over $346m of luxury goods
Bloomberg News, Published on 11/05/2024
» KUALA LUMPUR - 1Malaysia Development Bhd (1MDB) is among companies that are suing the wife of former Malaysian prime minister Najib Razak for allegedly obtaining over US$346 million worth of luxury goods through misappropriated funds.
Putin renews nuclear threats against West
Bloomberg News, Published on 09/05/2024
» MOSCOW - Russian President Vladimir Putin warned the West against threatening Russia as he pursues his invasion of Ukraine and revived his nuclear saber-rattling at the annual military parade on Moscow’s Red Square marking the victory in World War II.
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.