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WORLD

Malaysian ex-PM's wife sued over $346m of luxury goods

Bloomberg News, Published on 11/05/2024

» KUALA LUMPUR - 1Malaysia Development Bhd (1MDB) is among companies that are suing the wife of former Malaysian prime minister Najib Razak for allegedly obtaining over US$346 million worth of luxury goods through misappropriated funds.

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WORLD

Solar storm brings dazzling aurora, threatens power grids

Bloomberg News, Published on 11/05/2024

» LOS ANGELES - A severe solar storm this weekend brought a dazzling display of the Northern Lights that could be seen across Europe and as far south as Alabama in the United States, while threatening to trigger blackouts and disrupt navigation systems around the world.

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GENERAL

Singapore Air’s budget brand Scoot axed flights on parts shortage

Bloomberg News, Published on 10/05/2024

» Scoot, the budget carrier arm of Singapore Airlines, cited a parts shortage for its recent cancellation of dozens of flights.

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WORLD

Putin renews nuclear threats against West

Bloomberg News, Published on 09/05/2024

» MOSCOW - Russian President Vladimir Putin warned the West against threatening Russia as he pursues his invasion of Ukraine and revived his nuclear saber-rattling at the annual military parade on Moscow’s Red Square marking the victory in World War II.

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INVESTMENT

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

Bloomberg News, Published on 09/05/2024

» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

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PROPERTY

Major Chinese city scraps housing curbs as easing gains pace

Bloomberg News, Published on 09/05/2024

» HANGZHOU- Hangzhou, a major city in eastern China, removed all of its remaining homebuying curbs in the latest example of a local government pursuing aggressive easing to end the property crisis.

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MOTORING

Carmakers flag difficult year on costs, muted EV demand

Bloomberg News, Published on 09/05/2024

» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.

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LIFE

Taylor Swift draws 5 times as many US travellers as Olympics

Bloomberg News, Published on 07/05/2024

» Paris authorities have spent years readying for the almost 2 million international visitors expected for the 2024 Summer Olympics, but they may have overlooked a far bigger phenomenon now coming to the city: Taylor Swift.

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GENERAL

Visa waiver extended for Indians, Taiwanese

Bloomberg News, Published on 07/05/2024

» The cabinet has approved a plan to extend visa exemptions for tourists from India and Taiwan for six more months, as the country seeks to boost the number of foreign arrivals to shore up the sluggish economy.

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GENERAL

Thai drinks firm plans Singapore IPO for coconut water exporter

Bloomberg News, Published on 07/05/2024

» Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.