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WORLD

Singapore ties to alleged Cambodian scam ring under spotlight

Bloomberg News, Published on 16/10/2025

» SINGAPORE — The alleged head of a Cambodian criminal ring and his associates set up a family office in Singapore that claimed to receive tax breaks, while also building relationships with firms backed by state investor Temasek Holdings Pte and spending millions on properties in the city-state.

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WORLD

India seeks ban on online betting apps to curb addiction, frauds

Bloomberg News, Published on 20/08/2025

» NEW DELHI — India has moved a legislation to ban online money gaming due to rising instances of addiction, money laundering and financial frauds through these applications.

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WORLD

Starbucks opens free study rooms to lure customers

Bloomberg News, Published on 23/07/2025

» BEIJING — Starbucks Corporation has launched free “study rooms” in some of its China outlets, the company’s latest initiative to help boost consumer traffic as domestic competition surges in its second-biggest market.

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BUSINESS

Red Bull heir moves $1.1bn stake to Geneva trust firm

Bloomberg News, Published on 03/06/2025

» NEW YORK --  When an Austrian marketer and a Thai businessman decided to launch Red Bull to the world, they settled on a simple ownership structure: each would own 49% of the venture.

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BUSINESS

US tariffs sparked rush to get bitcoin mining gear out of Asia

Bloomberg News, Published on 17/04/2025

» KUALA LUMPUR — For about a week, Bitcoin mining firms in Southeast Asia faced an all-consuming deadline: midnight, April 9.

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BUSINESS

Apple customers dash to stores to buy iPhones ahead of tariffs

Bloomberg News, Published on 08/04/2025

» NEW YORK - The Trump administration’s threat of massive new tariffs has sent Apple’s share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to buy iPhones. 

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BUSINESS

Malaysia's Sarawak now gets its own airline in autonomy quest

Bloomberg News, Published on 12/02/2025

» KUALA LUMPUR — Malaysia's Sarawak state will acquire a sister company of national carrier Malaysia Airlines, its latest move to boost ownership of strategic assets as it pushes for greater autonomy.

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LIFE

Trump says he's open to Elon Musk or Larry Ellison purchasing TikTok

Bloomberg News, Published on 22/01/2025

» WASHINGTON — United States President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp Chairman Larry Ellison purchasing social video application TikTok as part of a joint venture with the US government.

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BUSINESS

Vietnam shipping giant sees revenue tripling in Trump tariff era

Bloomberg News, Published on 17/01/2025

» HANOI — Vietnam Maritime Corp, undaunted by potential tariffs from the incoming Trump administration that risk crimping the nation's trade, forecasts revenue to more than triple in the next decade, General Director Nguyen Canh Tinh said.

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BUSINESS

Nissan to cut 9,000 jobs, announces restructuring

Bloomberg News, Published on 07/11/2024

» TOKYO — Nissan Motor Company lowered its annual profit outlook, announced plans to cut 9,000 jobs and reduce capacity by 20%, as it seeks to cope with deteriorating sales in major markets.