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Search Result for “new capital”

Showing 1 - 10 of 354

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WORLD

New sinkhole opens up in Kuala Lumpur after woman is swept away

Bloomberg News, Published on 29/08/2024

» KUALA LUMPUR - A second sinkhole appeared in the heart of Kuala Lumpur on Wednesday, just 50 metres away from where a woman was swallowed into the ground last week and remains missing.

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WORLD

Myanmar junta to lose restive state to armed group

Bloomberg News, Published on 27/08/2024

» SINGAPORE - Myanmar’s junta is on the verge of being expelled from a western-most state bordering Bangladesh, according to a new report, marking the one of the biggest military losses since a 2021 coup led to renewed civilian conflict across the country.

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GENERAL

Troubled Thai firm Energy Absolute gets nod for bond extension

Bloomberg News, Published on 23/08/2024

» Energy Absolute Public Company Limited obtained approval to extend the maturity of 4 billion baht (US$116.5 million) of green bonds, providing some relief for the Thai renewable energy company that is under a fraud investigation. The shares surged the most in more than a decade.

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WORLD

Indonesia celebrates a new capital struggling to take shape

Bloomberg News, Published on 17/08/2024

» JAKARTA - Indonesia is set to inaugurate its unfinished future capital city in the middle of a remote jungle on the island of Borneo, as funding struggles, missed deadlines and a change in the country’s leadership weigh on the multibillion dollar project.

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INVESTMENT

Trump media shares soar on re-election bid boost

Bloomberg News, Published on 16/07/2024

» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.

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INVESTMENT

Bitcoin slides on Biden drama, risk of sales linked to Mt Gox

Bloomberg News, Published on 04/07/2024

» SINGAPORE - A third-straight daily slide in Bitcoin took the digital asset close to levels last seen in February amid challenges including political drama in the United States and the potential for disposals by creditors of the failed Mt Gox exchange.

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INVESTMENT

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.

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INVESTMENT

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.

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LIFE

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.

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INVESTMENT

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.