Showing 1 - 10 of 49
SpaceX sets $800 billion valuation, confirms 2026 IPO plans
Bloomberg News, Published on 13/12/2025
» NEW YORK — SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite maker at about US$800 billion, according to a company message seen by Bloomberg on Friday.
AI teddy bear back on sale after shock sex talk
Bloomberg News, Published on 26/11/2025
» SINGAPORE — A teddy bear powered by artificial intelligence (AI) sold by a Singapore-based company is back on the shelves after researchers discovered it chats unprompted about sexual fetishes and other unsuitable topics.
AI boom is turning Malaysia’s palm oil estates into data centres
Bloomberg News, Published on 19/11/2025
» KUALA LUMPUR — Malaysia’s palm oil giants, long-blamed for razing rainforests, fuelling toxic haze and driving orangutans to the brink of extinction, are recasting themselves as unlikely champions in a different, potentially greener race: the quest to lure the world’s artificial intelligence (AI) data centres to the Southeast Asian country.
Singapore mulls holding top bank execs responsible for AI risks
Bloomberg News, Published on 13/11/2025
» SINGAPORE — Singapore’s central bank has proposed a set of guidelines that will hold the board and senior management of financial institutions responsible for risks that arise from their use of artificial intelligence (AI).
IMF warns Asia’s growth will cool this year, next on trade risks
Bloomberg News, Published on 24/10/2025
» SYDNEY — The Asia-Pacific remains the fastest-growing region in the world, though higher tariffs and rising protectionism are likely to reduce demand for its exports and eventually weigh on activity, according to the International Monetary Fund (IMF).
Gold tops $4,000 for first time, fuelled by US shutdown
Bloomberg News, Published on 08/10/2025
» LONDON - Spot gold has smashed through $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally.
New Zealand names first woman as governor in central bank’s 90-year history
Bloomberg News, Published on 24/09/2025
» AUCKLAND — New Zealand named Anna Breman as the new Reserve Bank governor, appointing a woman to the role for the first time as it seeks to refresh an institution damaged by the unexpected departure of predecessor Adrian Orr earlier this year.
Defence firms lure recruits with yoga, even condoms
Bloomberg News, Published on 03/09/2025
» LONDON — Rheinmetall AG has come up with a cheeky way to introduce itself to young job seekers.
Illegal sites took 71% of Europe’s betting, casino sales
Bloomberg News, Published on 26/08/2025
» LONDON — Illegal gambling operators captured 71% of Europe’s online betting and casino market last year, or €80.65 billion (US$93.8 billion), as regulators struggled to rein in crypto casinos, prediction markets and unlicensed sportsbooks during a booming year for sports.
Thai data centre capacity may triple on surging demand for AI
Bloomberg News, Published on 20/08/2025
» Thailand’s data centre capacity is expected to triple in the next three years as investments of about US$6.5 billion pour into the sector to meet surging demand for cloud computing and artificial intelligence (AI).