Showing 1 - 10 of 577
Singapore court allows $2.7b suit against Standard Chartered over 1MDB fraud
Bloomberg News, Published on 25/11/2025
» SINGAPORE — A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1Malaysia Development Berhad (1MDB) fraud, liquidators seeking to recover the funds said on Monday.
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.
Bitcoin ETF investors in the red After $89,600 level breaks
Bloomberg News, Published on 18/11/2025
» NEW YORK — The Bitcoin rally that welcomed a wave of new investors through easy-to-access exchange traded funds (ETFs) has officially gone underwater.
US sanctions firms from China to India over Iranian weapons
Bloomberg News, Published on 13/11/2025
» WASHINGTON — The United States sanctioned dozens of firms and people supporting Iran’s ballistic missile and drone manufacturing industry across countries in Asia and the Middle East as part of the Trump administration’s “maximum pressure” campaign against Tehran.
Thailand spurns Cambodia peace deal tied to US trade talks
Bloomberg News, Published on 12/11/2025
» Thailand has suspended a peace process with Cambodia that was a condition for tariff negotiations with US President Donald Trump, after Thai soldiers were injured in a land-mine blast near the border.
Thai woes deepen as central bank warns of Q3 GDP contraction
Bloomberg News, Published on 22/10/2025
» The Bank of Thailand (BoT) warned the tariff-hit country is suffering a deeper-than-expected downturn, with the economy having likely posted its first quarterly contraction since the end of 2022.
Starbucks $1 billion restructuring to close stores, cut jobs
Bloomberg News, Published on 25/09/2025
» NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.
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.
FBI releases video clip of suspect in Charlie Kirk killing
Bloomberg News, Published on 12/09/2025
» UTAH — The suspect in the killing of Charlie Kirk slipped behind a building, braced himself on the roof and swung off the edge, hitting the ground hard and leaving behind palm smudges and a single shoe print. He bolted across a patch of grass, cut through a parking lot and vanished into the trees.
Typhoons lift Philippines’ jobless rate to three-year high
Bloomberg News, Published on 10/09/2025
» MANILA — A string of typhoons and monsoon rains pushed the Philippines’ jobless rate to a three-year high, highlighting the economic impact of climate change to the Southeast Asian nation that is prone to tropical cyclones.