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GENERAL

Dirtier and heavier oil in demand as market shifts

Bloomberg News, Published on 22/04/2024

» SINGAPORE - Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.

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GENERAL

Srettha weighs funding options for digital handout

Bloomberg News, Published on 27/03/2024

» Prime Minister Srettha Thavisin said on Wednesday the economy had problems and needed a boost from a signature handout scheme worth 500 billion baht (US$13.7 billion), for which he was weighing options for funding.

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GENERAL

Gold jumps above $2,200 an ounce for first time on Dovish Powell

Bloomberg News, Published on 21/03/2024

» Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it isn’t alarmed by a recent uptick in inflation.

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WORLD

Russia’s Ultra-rich count cost of US$83bn wealth wipe-out

Bloomberg News, Published on 01/03/2022

» Russia’s billionaires are starting to feel the heat.

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BUSINESS

Govt mulls first tax on stock trading in 30 years to cut budget gap

Bloomberg News, Published on 26/01/2022

» The government is considering taxing stock trading for the first time in more than three decades, along with making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief.

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WORLD

India considers Taiwan trade talks as both spar with China

Bloomberg News, Published on 20/10/2020

» Support is growing within India’s government to formally start talks on a trade deal with Taiwan as both democracies see relations with China deteriorate.

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WORLD

Dual flu-covid nasal spray vaccine to start trial in Hong Kong

Bloomberg News, Published on 09/10/2020

» HONG KONG: An experimental dual vaccine for both influenza and the new coronavirus delivered via a nasal spray will enter human studies in Hong Kong next month, a top infectious diseases doctor said.

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BUSINESS

Govt to consider fresh stimulus measures to revive economy

Bloomberg News, Published on 30/09/2020

» The government is considering offering tax incentives to its middle and upper income groups to bolster consumption as part of new measures to revive an economy reeling under the impact of the coronavirus pandemic.

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WORLD

Malaysian parliament to pick new PM Monday

Bloomberg News, Published on 27/02/2020

» KULA LUMPUR: Malaysian lawmakers will meet on Monday to resolve the country’s political impasse after the king failed to find any candidate with a clear majority to become the next prime minister.

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WORLD

Tear gas, 'live rounds' fired as tens of thousands protest in Hong Kong

Bloomberg News, Published on 01/10/2019

» HONG KONG: Police shot tear gas volleys at protesters as simultaneous rallies raged across Hong Kong, including a march through the city centre, hours after celebrations for a holiday marking 70 years of Communist rule in China began in Beijing.