Showing 1 - 10 of 76
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.
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.
Bitcoin touches record as price nears all-time high
Bloomberg News, Published on 05/03/2024
» MUMBAI - Bitcoin's price is in sight of an all-time high and the crypto faithful are on tenterhooks for a never-before-seen level. But in market value terms the token already touched a record.
Central banks buying more gold than previously thought
Bloomberg News, Published on 31/10/2023
» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.
Thailand bets on EVs to draw trillion baht in foreign investment
Bloomberg News, Published on 26/10/2023
» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.
Billionaires muscle in on convenience store king’s domain
Bloomberg News, Published on 05/10/2023
» Some of Thailand’s wealthiest tycoons are looking to muscle in on the convenience-store sector, betting that a shift in consumer preferences for buying less but shopping more often will fuel demand for years to come.
China travel rebound bets turn toward airports
Bloomberg News, Published on 23/03/2023
» SINGAPORE: Investors hoping to cash in on a boom in Chinese travel after nearly three years of coronavirus pandemic lockdowns are shifting into airports, hotels and duty-free operators and away from airlines subject to fluctuating fuel prices and more intense competition.
Crypto woes spread as Celsius, Babel links hit another exchange
Bloomberg News, Published on 21/07/2022
» Zipmex, a cryptocurrency exchange that operates in Singapore and Thailand, has halted withdrawals as the fallout from a series of defaults spreads further throughout the digital-assets industry.
UBS, Citi among banks hit by Asia rich clients’ pullback
Bloomberg News, Published on 15/07/2022
» A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.
Bitcoin poised for biggest quarterly drop
Bloomberg News, Published on 30/06/2022
» Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment.