Showing 1 - 10 of 1,238
Thailand working ‘relentlessly’ to solve Myanmar crisis - Srettha
Bloomberg News, Published on 24/05/2024
» TOKYO: Thailand is "working relentlessly" to bring an end to the crisis in neighbouring Myanmar where rebel groups have been clashing with the military-government, according to Prime Minister Srettha Thavisin.
Solar storm brings dazzling aurora, threatens power grids
Bloomberg News, Published on 11/05/2024
» LOS ANGELES - A severe solar storm this weekend brought a dazzling display of the Northern Lights that could be seen across Europe and as far south as Alabama in the United States, while threatening to trigger blackouts and disrupt navigation systems around the world.
Carmakers flag difficult year on costs, muted EV demand
Bloomberg News, Published on 09/05/2024
» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.
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.
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.
Microsoft to invest $1.7bn in cloud, AI in Indonesia
Bloomberg News, Published on 30/04/2024
» JAKARTA - Microsoft will invest US$1.7 billion in Indonesia to empower the Southeast Asian country with cloud services and artificial intelligence (AI), including by building data centres, visiting chief executive Satya Nadella said on Tuesday.
Dirtier and heavier oil in demand as market shifts
Bloomberg News, Published on 22/04/2024
» SINGAPORE - Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.
Apple to invest $250m to expand Singapore campus
Bloomberg News, Published on 18/04/2024
» SINGAPORE - Apple Inc plans to invest more than US$250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement on Wednesday.
Chinese EVs bet they can dethrone Japan brands in Thailand
Bloomberg News, Published on 09/04/2024
» TOKYO - Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co promised to double sales in Thailand to 30,000 electric vehicles (EVs) this year.
Central bank rate decision puts spat with PM in spotlight
Bloomberg News, Published on 09/04/2024
» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.