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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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WORLD

Bottled water contains more plastic particles than thought - study

Bloomberg News, Published on 10/01/2024

» NEW YORK - A typical one-litre (33-ounce) bottle of water contains some 240,000 plastic fragments on average, according to a new study. Many of those fragments have historically gone undetected, the researchers determined, suggesting that health concerns linked to plastic pollution may be dramatically underestimated.

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GENERAL

Central Retail open to investing in Selfridges if conditions are right

Bloomberg News, Published on 05/01/2024

» Central Retail Corp, one of Thailand’s biggest retailers, says it is open to investing in the iconic Selfridges department store in London if the opportunity meets the right conditions.

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WORLD

Why Malaysia recognises Hamas and what it means for US ties

Bloomberg News, Published on 11/11/2023

» KUALA LUMPUR - Malaysia unexpectedly jumped into the fraught politics of the Israel-Hamas war when Prime Minister Anwar Ibrahim vowed to maintain ties with Hamas even if his government were to come under outside pressure. Anwar has become one of the most vocal leaders in publicly criticising Israel, calling its military operations in Gaza the "height of barbarism".

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WORLD

Li Keqiang, China’s second-most powerful man for a decade, dies

Bloomberg News, Published on 27/10/2023

» BEIJING - China's former Premier Li Keqiang has died of a heart attack just months after stepping down as the nation's No. 2 official. He was 68.

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INVESTMENT

Thailand bets on EVs to draw trillion baht in foreign investment

Bloomberg News, Published on 26/10/2023

» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.

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WORLD

China finance giant’s missed payments alarm regulators, markets

Bloomberg News, Published on 14/08/2023

» NEW YORK - One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products.

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PROPERTY

Singapore’s sky-high rents show first signs of cooling

Bloomberg News, Published on 03/08/2023

» Singapore’s rental price growth slowed in the second quarter, cooling a years-long boom that has sapped affordability and threatened to dent the city-state’s appeal as a finance hub.

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BUSINESS

Debt-stricken Stark seeks way to avoid delisting

Bloomberg News, Published on 29/06/2023

» Stark Corporation Public Company Limited, the Thai industrial cable maker at the centre of an accounting scandal and debt default that rattled financial markets, plans to restructure its debt to stave off a forced delisting.

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BUSINESS

Asia’s gamblers cheer wave of legalisation

Bloomberg News, Published on 14/06/2023

» MACAU: In a sea change for the traditionally conservative region, some of the biggest tourism spots in Asia and the Middle East are moving toward building or allowing their first casinos, raising competitive pressure on existing hubs like Macau.