Showing 1 - 10 of 50
Vietnam tycoon faces second fraud trial after death sentence
Bloomberg News, Published on 19/09/2024
» HANOI - The second trial of Vietnamese real estate tycoon Truong My Lan, already facing the death penalty for massive fraud, began Thursday morning, underscoring the new Communist Party chief's determination to press ahead with a crackdown on corruption.
Musk, Tesla beat suit over promoting Dogecoin 'pyramid scheme'
Bloomberg News, Published on 30/08/2024
» SAN FRANCISCO - Elon Musk and Tesla Incorporated won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin into a US$258 billion "pyramid scheme."
Travellers to get full refund for delayed flights in Malaysia
Bloomberg News, Published on 29/08/2024
» KUALA LUMPUR - Airlines in Malaysia will have to give passengers the option of a refund if their flight is delayed for five hours or more, as the Southeast Asian nation joins countries beefing up consumer air-travel rights.
Indonesia celebrates a new capital struggling to take shape
Bloomberg News, Published on 17/08/2024
» JAKARTA - Indonesia is set to inaugurate its unfinished future capital city in the middle of a remote jungle on the island of Borneo, as funding struggles, missed deadlines and a change in the country’s leadership weigh on the multibillion dollar project.
Biden calls China 'xenophobic'
Bloomberg News, Published on 18/04/2024
» WASHINGTON - United States President Joe Biden called China "xenophobic" while highlighting the Asian nation’s economic woes, as he sought to make the case for US economic strength during a campaign stop in the swing state of Pennsylvania.
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.
Bali seeks new kind of tourist after kicking out 136 unruly visitors this year
Bloomberg News, Published on 09/06/2023
» Indonesia’s paradise island teeming with beaches and lush rice fields wants to refocus its tourism away from guests who tend to misbehave and instead lure talented nomads, retirees and health buffs.
Vietnam PM issues power shortage warning
Bloomberg News, Published on 19/05/2023
» HANOI: Vietnam faces power shortages in some areas through late this month as electricity use rises due to a heat wave, Prime Minister Pham Minh Chinh warned.
Vietnam succession battle heats up after president’s ouster
Bloomberg News, Published on 20/01/2023
» HANOI: Over the past few years, Vietnamese Communist Party Chief Nguyen Phu Trong has won praise from investors for removing corrupt officials. Now as some big names fall, it is becoming clear his campaign serves another purpose: strengthening his hand in choosing a successor.
Sri Lanka misses a leader as bailout slips further away
Bloomberg News, Published on 12/07/2022
» Investors are shifting their focus to Sri Lanka’s bilateral creditors as the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe dim prospects for rapid aid from the International Monetary Fund (IMF).