Thailand has a plethora of innovative startups, from artificial intelligence to agricultural technology, but their progress is stymied by a huge problem that threatens the nation’s economic development: Big Business. Corporate-linked investors dominate the nation’s funding scene, said Charle Charoenphan, co-founder of Techsauce, a Bangkok-based startup accelerator and organiser of an annual summit bearing the same name. That’s hurting the ...

  Biotech, social media and cryptocurrencies are the usual hotspots for crazy asset prices. This year, though, one of the highest valuations offered in any US acquisition is for the sewer system of a tiny township in Pennsylvania. NextEra Energy Inc, the world’s biggest utility by market capitalisation, announced in June it was buying the wastewater system of Towamencin township, ...

  It’s a binary world. To an extreme extent, opinions on the market are divided, and they are split on one key issue: Will the Fed have to “pivot” towards easier monetary policy in the next few months, or won’t it? This question vitiates investment decisions in almost any asset you care to mention. Everywhere you look, choices are contingent ...