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INVESTMENT

Singapore's Temasek forms $7.5 billion private debt platform

Bloomberg News, Published on 06/12/2024

» SINGAPORE — Singapore state investor Temasek Holdings Pte has set up a private credit platform with an initial portfolio of about S$10 billion (US$7.5 billion) in a bid to seize more opportunities in the burgeoning asset class.

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WORLD

South Korea’s Yoon lifts martial law after political gamble

Bloomberg News, Published on 04/12/2024

» South Korean President Yoon Suk Yeol said he will rescind his martial law decree, giving in to the parliament’s opposition just hours after his dramatic move imposing it that shook markets and surprised other world leaders.

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WORLD

The best and worst places for expats to live now

Bloomberg News, Published on 03/12/2024

» After a turbulent year, with headlines dominated by divisive politics, war and trepidation over the future, is it time to make that move you have always dreamed about? If so, the question is, where next?

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GENERAL

Hong Kong opens third airport runway with marginal gain in landing slots

Bloomberg News, Published on 28/11/2024

» Hong Kong’s third airport runway officially starts operating on Thursday, but there’ll be hardly any additional flight capacity for at least another year. 

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WORLD

Israel and Hezbollah reach cease-fire agreement for Lebanon

Bloomberg News, Published on 27/11/2024

» Israel reached a deal for a 60-day cease-fire with the Lebanese militant group Hezbollah after weeks of talks mediated by the US, a first step toward ending a conflict that’s killed thousands of people and opening the door to fresh peace initiatives in the Gaza Strip.

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WORLD

Vietnam issues disciplinary 'warning' to former parliament chair

Bloomberg News, Published on 22/11/2024

» HANOI — Vietnam's Politburo has issued a disciplinary "warning" to the former parliament chairman Vuong Dinh Hue for violations of anti-corruption regulations, underscoring the ruling Communist Party's determination to crack down on graft.

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LIFE

Duct-taped banana sells for $6.2 million

Bloomberg News, Published on 21/11/2024

» NEW YORK — Arguably the most famous artwork of the past decade has found a new buyer. Comedian, a sculpture by the artist Maurizio Cattelan, consisting of a piece of duct tape and a banana stuck to a wall, has sold for US$6.2 million at Sotheby’s in New York after more than six minutes of fierce bidding. The buyer is China-born crypto entrepreneur Justin Sun, the auction house confirmed.

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GENERAL

Marina Bay Sands eyes largest loan to fund casino expansion

Bloomberg News, Published on 19/11/2024

» SINGAPORE — Marina Bay Sands is seeking a loan of around S$12 billion (US$9 billion), in what would be the largest financing from Singapore, as the company looks to fund the planned expansion of its casino resort in the city state.

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GENERAL

Xi seizes role as global defender of free trade against Trump

Bloomberg News, Published on 16/11/2024

» LIMA — As United States President-elect Donald Trump threatens to impose tariffs on the entire world, Xi Jinping is once again wasting no time in positioning himself as the premier defender of the international trading system.

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WORLD

Man-yi intensifies into super typhoon, threatening Philippines

Bloomberg News, Published on 16/11/2024

» MANILA — Tropical cyclone Man-yi has strengthened into a super typhoon, threatening to bring intense rains and high waves on the Philippines' main island that’s still reeling from a string of storms in recent weeks.