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Search Result for “digital asset”

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BUSINESS

Siam Commercial Bank's purchase of crypto exchange Bitkub stalled

Published on 01/08/2022

» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.

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OPINION

China loses its Silicon Valley link

News, Shuli Ren, Published on 11/12/2018

» The death of a prominent Chinese scientist in the US has passed comparatively unnoticed beside the blizzard of global headlines devoted to the Huawei dispute, yet the tragedy bears upon another important aspect of Beijing's quest for technological leadership.

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OPINION

Authoritarian cryptocurrencies are on the march

News, Leonid Bershidsky, Published on 18/10/2017

» With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?

BUSINESS

Asian equities dip as Fed signals imminent rate hike

Business, Published on 27/02/2017

» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.

BUSINESS

Weakness in europe keeps global equities subdued

Business, Published on 31/10/2016

» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.

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BUSINESS

Fit to print

Asia focus, Cai Liang, Published on 15/08/2016

» The newspaper business has endured a rough decade, with readership declining globally as young people in particular abandon print and the digital revolution radically changes the media landscape.

BUSINESS

Rakuten to buy Viber messaging app

Bloomberg News, Published on 14/02/2014

» TOKYO — Rakuten Inc, the Japanese online retailer controlled by billionaire Hiroshi Mikitani, is buying the Viber Internet messaging and calling service for $900 million as it moves into social networking.

BUSINESS

Growth quickens on local demand

Bloomberg News, Published on 18/02/2013

» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.