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Search Result for “black market”

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BUSINESS

SpaceX sets $800 billion valuation, confirms 2026 IPO plans

Bloomberg News, Published on 13/12/2025

» NEW YORK — SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite maker at about US$800 billion, according to a company message seen by Bloomberg on Friday.

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BUSINESS

Thailand’s deflation streak and deadly floods pile pressure on rate cut

Bloomberg News, Published on 03/12/2025

» Thailand’s consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year.

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BUSINESS

Intel pledges $208 million Malaysia chip investment

Bloomberg News, Published on 02/12/2025

» KUALA LUMPUR — Intel Corp will invest an additional 860 million ringgit (US$208 million) to make Malaysia its assembly and testing operations centre, according to Prime Minister Anwar Ibrahim, giving a boost to the Southeast Asian nation’s critical role in the global semiconductor supply chain.

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WORLD

Global flights in chaos as top-selling Airbus jet hit by recall

Bloomberg News, Published on 29/11/2025

» HONG KONG — Airlines across the world cancelled hundreds of flights and scrambled to adjust schedules, as a major Airbus SE software glitch threatened to derail a crucial holiday travel season.

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BUSINESS

Thailand posts biggest trade deficit since 2023 as imports surge

Bloomberg News, Published on 25/11/2025

» Thailand posted its widest trade deficit since early 2023, with a surge in imports of capital goods and raw materials from China, even as exports lost momentum after US buyers frontloaded purchases to beat higher tariffs.

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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.

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BUSINESS

'Baby Shark' creator Pinkfong shares surge up to 62% on debut

Bloomberg News, Published on 18/11/2025

» SEOUL — Baby Shark creator Pinkfong Co jumped as much as 62% in its trading debut as investors snapped up the studio behind YouTube’s most-viewed jingle, following strong demand for the small initial public offering (IPO).

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BUSINESS

Gold reclaims $4,000/oz level as dollar slips, US shutdown woes persist

Bloomberg News, Published on 06/11/2025

» BENGALURU — Gold rose above the key US$4,000 per ounce level on Thursday, supported by a retreat in the dollar, while a prolonged government shutdown in the United States raised worries over the economic outlook.

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BUSINESS

Thais mourning late Queen Mother spark run on black clothes

Bloomberg News, Published on 30/10/2025

» Retail shops across Thailand are struggling to meet the demand for black outfits and muted wardrobes as people mourn for the passing of Her Majesty Queen Sirikit The Queen Mother.

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BUSINESS

Philippine peso falls to new record low

Bloomberg News, Published on 28/10/2025

» MANILA — The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more tolerance for weakness.