Showing 91 - 100 of 353
Philippines sees up to $6bn of investments in casinos
Reuters, Published on 19/03/2024
» MANILA - Foreign and domestic firms are expected to invest much as $6 billion in the Philippines' casino sector in the next five years, the head of its gaming regulator said, bolstering its status among Asia's top gambling destinations as competition increases.
SET building new base as risk appetite improves
Published on 16/03/2024
» Thai shares moved sideways over the past week as the benchmark SET index built a new base 10 to 15 points higher than before. Three key investment flows were observed:
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
Bitcoin retreats from record high as 'bubble' talk grows louder
Bloomberg News, Published on 15/03/2024
» NEW YORK - Bitcoin retreated from its latest record high amid an intensifying debate about whether the latest bull run in cryptocurrencies is evidence of speculative froth in global markets.
El Salvador removes income taxes for money from abroad
Reuters, Published on 13/03/2024
» SAN SALVADOR: El Salvador's Congress approved on Tuesday a reform to remove income taxes previously imposed on money from abroad, in a move to attract more foreign investment.
Bourse sees return of foreign funds
Business, Nareerat Wiriyapong, Published on 12/03/2024
» Despite a 3.2% contraction of the Stock Exchange of Thailand (SET) index in the first two months of 2024, foreign funds flew back to the Thai bourse in February as investors lowered their expectations of the Federal Reserve's policy rate cut to only three times this year.
SET poised to bottom out in March
Business, Published on 12/03/2024
» As expected, the Stock Exchange of Thailand ticked up in February, adding 6.15 points, or 0.5%, to close the month at 1,370.67. The first week of the month started strongly as positive tourism sentiment boosted the index by 1.4%. But the market quickly encountered pushback as the Bank of Thailand refrained from cutting interest rates.
Bitcoin tops $71,000 for the first time as rally builds steam
Published on 11/03/2024
» Bitcoin topped $71,000 for the first time, advancing for a sixth straight day and taking this year’s rally to almost 70% on the back of massive inflows into US exchange-traded funds.
Asian stocks advance on hopeful rate outlook
Business, Published on 09/03/2024
» RECAP: Asian stocks rose to a seven-month peak on Friday as investors cheered the prospect of an imminent interest rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.
Subdued earnings performance puts pressure on SET
Business, Published on 09/03/2024
» The SET index established a trading range between 1,357 and 1,405 points in February. The bourse hit a low of 1,357 at the start before bouncing back, but traded mostly sideways for the remainder of the month. Key factors expected to influence market direction in March include: