Showing 21 - 30 of 106
Bitcoin eyes record losing streak as 'stablecoin' collapse crushes crypto
Published on 13/05/2022
» SINGAPORE: Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below US$30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.
Bank of Mexico Plans to Launch Digital Currency by 2024
Business, Published on 03/01/2022
» The Bank of Mexico plans to put its own digital currency in circulation by 2024 to use the latest payments technology to foment financial inclusion in an economy that relies on cash for most transactions, according to the Mexican government.
Strong earnings lift stocks but inflation a worry
Business, Published on 16/10/2021
» Recap: Global stocks rallied yesterday, helped by strong quarterly earnings from Wall Street, while spiralling energy prices spurred concerns over a global energy crunch and inflation. Brent oil futures traded near $85 a barrel for the first time since October 2018.
Thai Union set to raise capital spending to B6bn next year
Business, Phusadee Arunmas, Published on 23/08/2021
» SET-listed Thai Union Group (TU), a global seafood company, looks set to raise its capital expenditure to as much as 6 billion baht next year, higher than its average of 4-4.5 billion, to accommodate recovering overseas demand.
Gold reels to 4-month low on fears of early Fed tapering
Reuters, Published on 09/08/2021
» Gold fell as much as 4.4% to a more than four-month low on Monday as robust US jobs data stoked concerns of a sooner-than-expected interest rate hike, which could increase the opportunity cost of holding non-interest bearing bullion.
Janet Yellen's new financial multilateralism
Oped, Published on 13/03/2021
» The International Monetary Fund and World Bank have sprung into action in ways that would have been inconceivable even a year ago. Under former President Donald Trump, the US -- the main shareholder, with veto rights, in both institutions -- did little to shape their policies. Now, the US is taking the lead in coordinating their role and helping poor countries respond to the Covid-19 crisis.
Hong Kong events industry pleads for lifeline
Published on 23/08/2020
» Exhibition planner Joe Wong Chu-kong's heart sank when the annual Hong Kong Book Fair was cancelled two days before it was due to open last month.
Silver vs. Gold: How the Two Metals Compare as Investments
Business, Published on 11/08/2020
» So far this year, investors in gold and silver have made out like bandits, especially when you compare the returns of the world's two best-known precious metals with those of stocks.
Malaysian ex-PM Najib guilty on all charges in first 1MDB trial
AFP, Published on 28/07/2020
» KUALA LUMPUR: Malaysia's ex-leader Najib Razak was found guilty on Tuesday in his first trial over the multi-billion-dollar 1MDB scandal, two years after the fraud contributed to the downfall of his long-ruling government.
Covid's Next Economic Crisis: Developing-Nation Debt
Business, Published on 28/07/2020
» Zambia was once a model in Wall Street's rush to issue debt for the world's poorest nations, attracting bigger orders and lower interest rates than some more-developed countries.