Showing 21 - 30 of 982
Asia's worst stock loser erases Thai founder from billionaire status
Bloomberg News, Published on 10/07/2024
» Somphote Ahunai, whose net worth topped US$4.8 billion two years ago, is no longer a billionaire after a series of unwieldy efforts to diversify one of Thailand's biggest renewable-power producers into a Tesla-like transport specialist.
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.
Suzuki to stop making cars in Thailand to focus on EV shift
Bloomberg News, Published on 07/06/2024
» Suzuki Motor Corp will halt production of cars and trucks in Thailand by the end of next year to focus resources on producing electric and hybrid vehicles elsewhere, the company said Friday.
Europe, US 'fearful' of Chinese EVs
Bloomberg News, Published on 07/06/2024
» CHONGQING - Foreign countries are “afraid” of Chinese electric vehicles (EVs), BYD (Build Your Dreams) Co Chairman Wang Chuanfu said in a swipe at European and United States efforts to constrain imports of China-made cars.
Singapore wealth flows face renewed scrutiny in superhacker case
Bloomberg News, Published on 31/05/2024
» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.
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.
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.
Microsoft pledges $2.2bn in AI investment in Malaysia
Bloomberg News, Published on 02/05/2024
» KUALA LUMPUR - Microsoft Corp will invest US$2.2 billion to build digital infrastructure in Malaysia, the latest in a series of big-ticket bets on Asia’s rising prominence as a technology market.
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.
Southeast Asia heat breaches records, prompts gas buying
Bloomberg News, Published on 30/04/2024
» Southeast Asia's severe heat wave is pushing temperatures and power demand to new records, straining grids and prompting traders in the region to bulk up on natural gas cargoes.