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GENERAL

Government taps Chinese influencers to boost exports

Bloomberg News, Published on 07/02/2024

» The government is planning to enlist Chinese social-media influencers to hawk things from the so-called elephant pants to local sweet delicacies to their followers back home, as part of the Southeast Asian nation’s bid to shore up exports to the world’s No. 2 economy.

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GENERAL

Sugar outlook worsens as yields slide after dry spell

Bloomberg News, Published on 06/02/2024

» Thailand’s sugar output is set to be even lower than expected this season after dry weather stunted growth, which will squeeze global supply and could extend a rally in benchmark futures.

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WORLD

Changi Airport traffic hitting pre-Covid levels

Bloomberg News, Published on 06/02/2024

» Singapore Changi Airport’s passenger volumes are expected to reach pre-pandemic levels in 2024, the country’s transport ministry said in a written response to parliamentary questions.

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GENERAL

Red Sea danger leads global oil buyers to switch markets

Bloomberg News, Published on 05/02/2024

» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.

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WORLD

Chinese billionaire’s carmaker adds satellites in Musk territory

Bloomberg News, Published on 03/02/2024

» HONG KONG - A Chinese rocket launched a group of communications satellites produced by one of the country's largest carmakers, boosting the nation's efforts to catch up in low-Earth orbit — an area dominated by Elon Musk's SpaceX.

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MOTORING

Tesla, VW at risk of ties to Uyghur forced labour in China

Bloomberg News, Published on 01/02/2024

» NEW YORK - Five of the world's major carmakers are not sufficiently mapping their supply chains to stamp out links to forced labour programs in China's Xinjiang region, according to a report by Human Rights Watch (HRW).

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WORLD

Former Malaysia king halves Najib’s jail term to 6 years: report

Bloomberg News, Published on 31/01/2024

» Former Malaysian Prime Minister Najib Razak’s prison sentence has been shortened to six years from 12 years in a decision by a board led by the former King Abdullah Ahmad Shah, according to a Channel News Asia report.

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GENERAL

Musk judge rules ‘unfathomable’ pay deal made Tesla CEO overpaid

Bloomberg News, Published on 31/01/2024

» DELAWARE - In throwing out Elon Musk's US$55 billion Tesla pay deal, a Delaware judge began her legal opinion with a simple question: “Was the richest person in the world overpaid?”

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TECH

Neuralink's first human brain implant

Bloomberg News, Published on 30/01/2024

» SAN FRANCISCO - Elon Musk’s Neuralink Corp has performed its first brain implant on a human — a major step toward the billionaire’s goal of one day enabling people to control computers with their minds. And for the first time Musk has given the implant device a name.

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GENERAL

China restricts lending of securities for short selling

Bloomberg News, Published on 28/01/2024

» HONG KONG - China will halt the lending of certain shares for short selling from Monday the securities regulator announced Sunday, in a move to support the country’s slumping stock markets.