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GENERAL

Stocks drop, gold and oil up as Israel hits Iran: markets wrap

Bloomberg News, Published on 13/06/2025

» SINGAPORE — Stocks fell along with equity-index futures and investors rushed to the safety of haven assets after Israel attacked Iran’s nuclear programme sites in a major escalation of tensions in the Middle East. Crude oil jumped 11%, the biggest move in more than three years.

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GENERAL

Myanmar recovery dented by devastating quake

Bloomberg News, Published on 12/06/2025

» NAY PYI TAW — Myanmar’s economy is headed for its worst performance since the pandemic as the strife-torn country reels from the impact of a devastating earthquake in March that’s estimated to have caused US$11 billion in damage, according to the World Bank.

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GENERAL

Chinese exports flood Southeast Asia on US tariffs

Bloomberg News, Published on 11/06/2025

» JAKARTA — Vietnam, Thailand and Indonesia are among Asian countries seeing the sharpest surge in Chinese imports as higher US tariffs upend regional trade, according to Citigroup Incorporated.

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WORLD

Malaysia's Anwar faces more challenges even as lawsuit paused

Bloomberg News, Published on 11/06/2025

» KUALA LUMPUR — After more than two years of relative political stability in Malaysia, Prime Minister Anwar Ibrahim faces multiple hurdles that could fuel discontent within his ruling coalition.

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LIFE

Nintendo sells record 3.5 million Switch 2 consoles in four days

Bloomberg News, Published on 11/06/2025

» TOKYO — Nintendo Company sold 3.5 million-plus units of the Switch 2 in just four days, a record-breaking start for the company’s first new console in eight years.

GENERAL

Qantas to close Jetstar Asia, freeing up capital for new fleet

Bloomberg News, Published on 11/06/2025

» Qantas Airways Ltd. said low-cost subsidiary JetStar Asia will close next month, freeing up as much as A$500 million ($327 million) in capital to fund the group’s fleet renewal program.

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MOTORING

Chinese carmakers near 10% UK share after fivefold BYD surge

Bloomberg News, Published on 05/06/2025

» LONDON — Chinese automakers stepped up their push into the United Kingdom (UK) last month, closing in on a 10% market share for the first time as demand for BYD (Build Your Dreams) Co electric models continues to boom.

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WORLD

Ship carrying EVs abandoned in Pacific after catching fire

Bloomberg News, Published on 04/06/2025

»  NEW YORK -- A ship carrying about 3,000 cars to Mexico has been  abandoned in the middle of the Pacific Ocean after catching fire on Tuesday. 

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WORLD

Trump, Xi have crossed wires on rare earths

Bloomberg News, Published on 04/06/2025

» NEW YORK — The United States and China appear to have different understandings of what was agreed on rare earths at last month’s trade talks in Geneva, according to an expert on critical minerals policy.

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WORLD

Japan’s fertility rate hits record low

Bloomberg News, Published on 04/06/2025

» TOKYO — Japan’s fertility rate declined in 2024 for the ninth consecutive year, reaching another historical low that underscores the immense challenge facing the government as it attempts to reverse the trend in one of the world’s most aged societies.