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Search Result for “stock markets”

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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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WORLD

Singapore court allows $2.7b suit against Standard Chartered over 1MDB fraud

Bloomberg News, Published on 25/11/2025

» SINGAPORE — A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1Malaysia Development Berhad (1MDB) fraud, liquidators seeking to recover the funds said on Monday.

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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

Bitcoin ETF investors in the red After $89,600 level breaks

Bloomberg News, Published on 18/11/2025

» NEW YORK — The Bitcoin rally that welcomed a wave of new investors through easy-to-access exchange traded funds (ETFs) has officially gone underwater.

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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

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.

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BUSINESS

Weak Thai tourism set to crimp baht year-end rally, analysts say

Bloomberg News, Published on 21/10/2025

» The Thai baht’s traditional year-end rally will be dimmed as Chinese tourists continue to shun the country and traders bet on interest rate cuts, according to analysts.

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BUSINESS

Gold tops $4,000 for first time, fuelled by US shutdown

Bloomberg News, Published on 08/10/2025

» LONDON - Spot gold has smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally.

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BUSINESS

Starbucks $1 billion restructuring to close stores, cut jobs

Bloomberg News, Published on 25/09/2025

» NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.