Showing 1 - 10 of 37
Death toll surpasses 220 in Myanmar storm, worsening crisis in war-torn areas
Bloomberg News, Published on 17/09/2024
» NAYPYIDAW - Typhoon Yagi, the most powerful storm to hit Asia this year, killed at least 226 people in Myanmar and affected more than half a million more, adding another strain to the war-torn nation’s already limited resources.
Myanmar junta to lose restive state to armed group
Bloomberg News, Published on 27/08/2024
» SINGAPORE - Myanmar’s junta is on the verge of being expelled from a western-most state bordering Bangladesh, according to a new report, marking the one of the biggest military losses since a 2021 coup led to renewed civilian conflict across the country.
From ATMs to flights, epic IT crash leaves trail of chaos
Bloomberg News, Published on 20/07/2024
» LONDON - In what will go down as the most spectacular information technology (IT) failure the world has ever seen, a botched software update from cybersecurity firm CrowdStrike Holdings Inc crashed countless Microsoft Windows computer systems around the world on Friday.
NYSE fixes issue that showed 99% drops, triggered trading halts
Bloomberg News, Published on 04/06/2024
» A glitch during a software update early Monday led the New York Stock Exchange to erroneously halt trading on about 40 stocks and display odd trades showing a 99% drop in companies including Warren Buffett’s Berkshire Hathaway Inc.
Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
B.Grimm weighs stake sale in Thailand
Bloomberg News, Published on 21/09/2023
» LONDON - B.Grimm Group is considering selling a minority stake in its gas-fired power portfolio in Thailand that could be valued at about US$2 billion (72.48 billion baht) in a deal, according to people familiar with the matter.
Chinese hackers targeted Thailand, other SE Asian nations - report
Bloomberg News, Published on 09/12/2021
» Chinese hackers this year targeted military and civilian organisations in several Southeast Asian nations, particularly those with similar territorial claims or strategic infrastructure projects, suggesting the involvement of the state, a US-based cybersecurity firm said in new research released late Wednesday.
NZ stock trading halted for second day by cyber attack
Bloomberg News, Published on 26/08/2020
» WELLINGTON: Trading on the New Zealand stock exchange was halted for more than three hours on Wednesday as it came under cyber attack for a second day.
Singapore looks to rely less on foreign workers after pandemic
Bloomberg News, Published on 01/06/2020
» Singapore will have to find ways to rely less on foreign workers and accelerate automation of some tasks in its post-pandemic economy, Second Minister for Finance Indranee Rajah told reporters Monday.