Thailand’s Board of Investment (BOI) has granted investment privileges to projects in the energy and digital sectors worth a combined 56.6 billion baht (US$1.64 billion) to strengthen the country’s infrastructure.
The stunning implosion of cryptocurrency exchange FTX, which mismanaged $8bn of customers’ digital assets and suffered a bank run on exchange deposits, initiated a second major crypto contagion event in just six months.
The cryptocurrency sector is showing early signs of stabilisation after two successive implosions – the collapse of the Terra Luna ecosystem and crypto hedge fund Three Arrows Capital – which unleashed a tidal wave of contagion across the broader digital assets market.
The UK’s much-anticipated summer travel revival risks descending into chaos as unions target airline strikes to coincide with school holidays while surging inflation and the cost of living crisis curb nascent demand recovery.
The war in Ukraine has delivered an acute supply shock to the eurozone, pushed already high inflation to new multi-decade highs and increased the risk of […]