Showing 1 - 10 of 13
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.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
Chinese firm now owns Thai brokerage
Nuntawun Polkuamdee, Published on 12/02/2024
» CGS-CIMB Securities (Thailand) has changed its name to CGS International Securities (Thailand) (CGSI) after China Galaxy Securities acquired a 100% stake in the company in December 2023 in a move to strengthen its regional presence.
Asian shares advance after US tech rally
Business, Published on 03/02/2024
» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.
Ministry keeps an eye on debentures
Wichit Chantanusornsiri, Published on 10/01/2024
» The Finance Ministry is closely monitoring problems with corporate debenture repayments, says permanent secretary Lavaron Sangsnit.
Equities muted as timing of US rate cuts unclear
Business, Published on 06/01/2024
» RECAP: Asian shares were mixed yesterday and the dollar was near a three-week high as traders dialled back bets of early US interest-rate cuts, after Federal Reserve meeting minutes provided few clues.
Asian shares fall as Fed talks tough on rates
Business, Published on 11/11/2023
» RECAP: Shares in Asia fell yesterday after the head of the US Federal Reserve warned interest rates may have to climb further, stunting a rally in stocks and bonds and sending investors back to the dollar.
Miss Universe owner JKN files for debt rescue
Published on 09/11/2023
» Shares of JKN Global Group plunged by nearly 30% to a floor of 0.77 baht on Thursday after the owner of the Miss Universe Organization announced it had filed for business rehabilitation with the Central Bankruptcy Court.
Bitcoin leaps to 2023 high on ETF bets
Reuters, Published on 24/10/2023
» SINGAPORE - Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month high on speculation that an exchange-traded bitcoin fund is imminent.