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Search Result for “financial services”

Showing 1 - 10 of 131

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TECH

AI could replace 4 million jobs in South Korea

Bloomberg News, Published on 16/11/2023

» SEOUL - Artificial intelligence (AI) may replace as many as 4 million, or 14% of South Korea's jobs, over the next two decades, a central bank study said, adding to a chorus of warnings on the looming disruption to labor markets around the world.

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GENERAL

US imposes sanctions on lucrative Myanmar state oil firm

Bloomberg News, Published on 01/11/2023

» YANGON - The United States announced sanctions against the Myanmar junta’s most lucrative state-owned enterprise, one of Washington’s most significant moves yet to curtail the military regime’s access to easy cashflow to buy weapons.

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TECH

Musk explains why he’s dumping Twitter name, iconic bird logo

Bloomberg News, Published on 25/07/2023

» LOS ANGELES: Elon Musk has explained his decision to strip Twitter of its famous blue-bird logo as a move to remake the business into a broad platform for communications and financial transactions, a target he’s described as the everything app.

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BUSINESS

Singapore Air adds flights to Bangkok, Phuket

Bloomberg News, Published on 22/11/2022

» Singapore Airlines Ltd will add flights to East and Southeast Asia, including Bangkok and Phuket, from early next year and trim some services to the United States as it tweaks routes and plane allocations to get a head start over rivals as nations ease travel restrictions.

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WORLD

US offers bounty for Singaporean over N. Korea oil shipments

Bloomberg News, Published on 04/11/2022

» The United States Department of State on Thursday issued a US$5 million bounty for information on a Singaporean businessman who broke international sanctions by transporting fuel to North Korea.

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BUSINESS

Singapore overtakes Hong Kong in world financial centres ranking

Bloomberg News, Published on 23/09/2022

» NEW YORK: Singapore has overtaken Hong Kong to become Asia’s top financial centre — and the third in the world — according to a new report that puts New York and London in the first and second spots.

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BUSINESS

Singapore regulator reiterates crypto dangers amid Hodlnaut woes

Bloomberg News, Published on 09/08/2022

» Cryptocurrency investment is “highly hazardous” but meltdowns in the sector have not created financial-stability risks for Singapore, regulators in the city-state said after another digital-asset firm ran into trouble.

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BUSINESS

Jack Ma gives up power, escapes Beijing’s crosshairs

Bloomberg News, Published on 29/07/2022

» Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business empire that had made him one of the country’s most powerful people.

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BUSINESS

UBS, Citi among banks hit by Asia rich clients’ pullback

Bloomberg News, Published on 15/07/2022

» A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.

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BUSINESS

CP Group’s data centres unit seeks $150 million in stake sale

Bloomberg News, Published on 12/04/2022

» True Internet Data Center Co, a unit of conglomerate Charoen Pokphand Group, is seeking to raise about $150 million from a sale of a minority stake, according to people with knowledge of the matter.