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Showing 11 - 20 of 659

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INVESTMENT

Tiny Singapore sees sudden frenzy in deals worldwide

Bloomberg News, Published on 21/06/2024

» SINGAPORE - Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by the relative economic and political stability of the island nation nestled in Southeast Asia.

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GENERAL

Central bank renews case to limit digital wallet scheme

Bloomberg News, Published on 19/06/2024

» The Bank of Thailand (BoT) remains firm in its opposition to a government plan to give 500 billion baht in cash to almost all its adult citizens to revitalise consumption activity, saying the prudent thing would be to limit assistance to the needy.

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WORLD

Tibet government in exile says US law pressures China to talk

Bloomberg News, Published on 18/06/2024

» DHARAMSHALA - A new US law on Tibet and a high-profile visit by American lawmakers to the region will put pressure on China to engage with the government in exile, a top official said.

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GENERAL

B1.4tn fund says gold to counteract weak stocks

Bloomberg News, Published on 14/06/2024

» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.

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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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WORLD

Astronaut, 'Earthrise' photographer, dies in plane crash

Bloomberg News, Published on 08/06/2024

» WASHINGTON - William Anders, the US astronaut whose "Earthrise" photograph from lunar orbit captured humanity's humble place in the cosmos, punctuating the 1960s' race to the moon with one of the most recognised images of the 20th century, has died. He was 90.

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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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GENERAL

Govt plans Asia's first sovereign sustainability-linked bond

Bloomberg News, Published on 29/05/2024

» The government plans to sell as much as US$1.1 billion of baht-denominated sustainability-linked bonds (SLBs) in the fourth quarter, in what looks set to be the first such offering from an Asian government.

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MOTORING

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.

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GENERAL

Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.