Showing 1 - 10 of 48
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.
Bitcoin ETFs post longest run of inflows as token nears record
Bloomberg News, Published on 07/06/2024
» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.
Cryptocurrencies picked for bull run year
Nuntawun Polkuamdee, Published on 03/06/2024
» This year is considered "golden" for cryptocurrencies after the US Securities and Exchange Commission (SEC) approved eight funds that plan to launch spot Ethereum exchange-traded funds (ETFs), according to analysts, with the bull run continuing in the second half based on strong interest from institutional investors.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Upbeat ETF outlook spurs Ethereum
Business, Nuntawun Polkuamdee, Published on 24/05/2024
» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.
SET makes another attempt to clear 1,400 hurdle
Published on 18/05/2024
» Thai shares continued to move sideways up, with the SET index struggling to clear 1,380 points (the next hurdle will be 1,400) throughout the past week, causing the market to stay rangebound.
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
Follow the yellow brick road
Nuntawun Polkuamdee, Published on 13/05/2024
» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.
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.
SET aims to strengthen supervision
Business, Nuntawun Polkuamdee, Published on 26/04/2024
» The Stock Exchange of Thailand (SET) plans to introduce more measures to strengthen market supervision from the end of the current quarter to early 2025, aiming to rebuild investor confidence, according to the bourse.