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Search Result for “betting”

Showing 1 - 10 of 217

BUSINESS

Line Man Wongnai weighs IPO in Hong Kong or New York

Bloomberg, Published on 06/02/2026

» Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in the local stock market.

BUSINESS

US dollar on course for worst year since 2003

Reuters, Published on 24/12/2025

» SINGAPORE - The US dollar is headed for its worst annual performance ​in more than two decades as investors wager that the Federal Reserve will have room to cut interest rates further next year, even as some of its peers look set to start raising them.

BUSINESS

Gold climbs above $4,500 for first time on geopolitics, rates

Bloomberg, Published on 24/12/2025

» Gold rose to a record above $4,500 an ounce on escalating tensions in Venezuela and expectations for more US rate cuts. Silver and platinum also advanced to all-time peaks.

BUSINESS

Gold sets 50th daily record this year on rate-cut bets and risk

Bloomberg News, Published on 23/12/2025

» NEW YORK — Gold rose to a record high — the 50th day it has done so this year — on escalating geopolitical tensions and prospects for more US rate cuts. Silver also set an all-time peak.

BUSINESS

Nex Point promotes green fleet options to firms

Business, Lamonphet Apisitniran, Published on 03/12/2025

» Commercial electric vehicle maker Nex Point Plc, a subsidiary of renewable energy giant Energy Absolute (EA) Plc, is accelerating its push into Thailand's fleet market with plans to sell 2,500 EVs next year, underscoring the company's ambition to position itself as a key player in the region's commercial EV sector.

BUSINESS

Thailand hurries B480bn in stalled projects to spur growth

Bloomberg, Published on 24/11/2025

» The government is betting that speeding up 480 billion baht in stalled investment projects will help support economic momentum as it races to compete with regional peers for foreign capital.

BUSINESS

AI boom is turning Malaysia’s palm oil estates into data centres

Bloomberg News, Published on 19/11/2025

» KUALA LUMPUR — Malaysia’s palm oil giants, long-blamed for razing rainforests, fuelling toxic haze and driving orangutans to the brink of extinction, are recasting themselves as unlikely champions in a different, potentially greener race: the quest to lure the world’s artificial intelligence (AI) data centres to the Southeast Asian country.

BUSINESS

Analysts expect crypto bull market to persist

Business, Nuntawun Polkuamdee, Published on 03/11/2025

» Renewed US-China trade tensions sparked a massive sell-off in the crypto market last month, with Bitcoin plunging from US$122,000 to $107,000 at one point, but analysts are referring to it as a "deep but temporary" reset, adding the bull cycle is not over yet.

BUSINESS

Regional markets dip on valuation concerns

Business, Nuntawun Polkuamdee, Published on 11/10/2025

» RECAP: Asian equities declined on Friday after a rally in US stocks stalled amid concern that valuations have become stretched, especially for technology companies, following a relentless surge.

BUSINESS

Illegal sites took 71% of Europe’s betting, casino sales

Bloomberg News, Published on 26/08/2025

» LONDON — Illegal gambling operators captured 71% of Europe’s online betting and casino market last year, or €80.65 billion (US$93.8 billion), as regulators struggled to rein in crypto casinos, prediction markets and unlicensed sportsbooks during a booming year for sports.