Showing 1 - 10 of 24
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.
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.
Jack Ma gives up power, escapes Beijing’s crosshairs
Bloomberg News, Published on 29/07/2022
» Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.
Bitcoin dips below $40,000
Bloomberg News, Published on 10/03/2022
» Bitcoin dropped back below US$40,000, erasing nearly all gains sparked by optimism about US President Joe Biden’s executive order on crypto, as digital currencies fell with stocks Thursday amid high inflation data and continued geopolitical uncertainty.
Bitcoin mining entry triggers a 6,700% surge in Thai tech stock
Bloomberg News, Published on 27/12/2021
» A world-beating share rally by a Thai technology company after it unveiled an expansion into Bitcoin mining has surprised even the firm’s chairman.
Crypto exchange Bitkub becomes unicorn, coin surges 200%
Bloomberg News, Published on 03/11/2021
» Bitkub Online Co became Thailand’s latest startup to notch up a valuation of more than $1 billion after it sold a majority stake to the nation’s biggest bank by market value. Bitkub’s coin tripled in value after the deal was announced.
Apple to let media apps avoid 30% fee after global scrutiny
Bloomberg News, Published on 02/09/2021
» SAN FRANCISCO: Apple Inc. will allow developers of some apps like Netflix to link from their software to external websites for payments by users, addressing a longstanding App Store complaint and settling an investigation by Japan’s Fair Trade Commission.
SE Asia added 70 million online consumers during pandemic
Bloomberg News, Published on 31/08/2021
» The Southeast Asia region, led by Indonesia, added 70 million new online shoppers since the start of the pandemic, according to an annual report by Facebook Inc and Bain & Co.
Bulls gather around Asia stocks for 2021
Bloomberg News, Published on 05/01/2021
» After narrowly beating their US peers for the first time in three years in 2020, Asian stocks could see another strong year, analysts say.
Shoppers in Asia want Europe’s handbags, not its supermarkets
Bloomberg News, Published on 24/12/2019
» LONDON: Even as global consumer brands grow more dependent on Asia for sales of everything from fancy handbags to baby formula, European retailers keep retreating from the world’s fastest-growing markets.