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Cryptoverse: 'Layer two' tokens enjoy new life as bitcoin soars
Reuters, Published on 28/11/2023
» BENGALURU - "Layer 2" cryptocurrencies native to projects built on top of "layer 1" blockchains such as Bitcoin and Ethereum - have found a new lease of life after a year in the doldrums, buoyed by a rising crypto tide.
China-linked fund seeks ouster of Australian rare earth miner's chairman
Reuters, Published on 22/11/2023
» MELBOURNE - A China-linked fund that is a major shareholder in Australia's Northern Minerals has filed a motion to oust the rare earth developer's chairman after the fund's move for a higher stake was rejected on national interest grounds early this year.
Sugar shortfall view raised to 2.4m tonnes
Reuters, Published on 14/11/2023
» NEW YORK - Global sugar production will fall short by 2.4 million metric tonnes of the expected consumption in the 2023/24 crop year that started in October, said consultancy CovrigAnalytics in a report on Monday, raising its supply deficit estimate by 200,000 tonnes.
Exports could fall 1.5% in 2023 - shippers
Reuters, Published on 07/11/2023
» Thailand's exports are seen falling between 1% to 1.5% this year, unchanged from a previous forecast, amid soft global demand, the Thai National Shippers' Council said on Tuesday.
Inflation falls for first time in 25 months
Reuters, Published on 06/11/2023
» Thailand's inflation rate fell for the first time in 25 months, thanks to falling energy prices due to government support measures and lower food prices, the commerce ministry said on Monday.
Thailand needs more resilience - central bank chief
Reuters, Published on 03/11/2023
» Thailand needs to be more resilient to grow sustainably, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Friday.
Finance Ministry cuts 2023 growth outlook to 2.7% as exports decline
Reuters, Published on 27/10/2023
» The Ministry of Finance on Friday cut its 2023 economic growth forecast to 2.7% from 3.5% seen earlier, due to weaker exports and lower government consumption.
Porsche warns luxury not immune to economic woes
Reuters, Published on 25/10/2023
» BERLIN - Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.
Bitcoin leaps to 2023 high on ETF bets
Reuters, Published on 24/10/2023
» SINGAPORE - Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month high on speculation that an exchange-traded bitcoin fund is imminent.
Russia, Myanmar discuss gas pipeline construction
Reuters, Published on 11/10/2023
» MOSCOW - Top energy officials from Russia and Myanmar held discussions in Moscow on Wednesday on Russian participation in the construction of a gas pipeline to Yangon, the Russian energy ministry said.