Showing 1 - 10 of 306
Singapore’s income inequality at record low but concerns linger
Bloomberg News, Published on 09/02/2026
» SINGAPORE — Singapore’s income inequality fell to a record low last year amid lingering cost-of-living concerns, with Prime Minister Lawrence Wong pledging to reduce the gap further.
Surging billionaire wealth a political threat, Oxfam warns as Davos opens
AFP, Published on 19/01/2026
» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.
Musk seeks up to $134 billion in OpenAI lawsuit
Published on 17/01/2026
» Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing he deserves the “wrongful gains” that they received from his early support of the artificial-intelligence startup, according to a court filing.
Tesla shareholders voting on Musk’s $1-trillion pay package
AFP, Published on 06/11/2025
» NEW YORK - Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to achieve technological breakthroughs he vows will change the world.
Indonesia weighs transforming Bali into a regional financial hub
Bloomberg, Published on 13/10/2025
» Indonesia is planning to create a financial hub in tourist hotspot Bali as it seeks to boost its lagging economy by attracting international banks, asset managers and private equity firms, according to people familiar with the matter.
Elon Musk’s fortune tops $500 billion
Reuters, Published on 02/10/2025
» Tesla CEO Elon Musk on Wednesday became the first person ever to achieve a net worth of $500 billion, propelled by a rebound in the EV company’s shares and surging valuations of the tech entrepreneur’s other companies.
Wealth tax economist hits back at French tycoon's 'pseudo-academic' claim
AFP, Published on 22/09/2025
» PARIS - An economist behind a wealth tax plan embraced by the French left on Sunday urged France's richest person, Bernard Arnault, to show "respect for the truth" after the luxury goods tycoon described him as a "pseudo-academic" who wanted to "destroy the French economy".
Traders cautious as US tariff deadline nears
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 05/07/2025
» RECAP: Asian investors turned cautious on Friday as the July 9 deadline to avert steep US tariffs approached with very few trade deals concluded. President Donald Trump indicated that dozens of trading partners could simply get letters next week informing them of their rates.
Red Bull family the richest in Thailand: Forbes
Online Reporters, Published on 03/07/2025
» Red Bull co-owner Chalerm Yoovidhya is the richest person in Thailand this year with a net worth of US$44.5 billion, followed by the CP Group’s Chearavanont brothers with $35.7 billion, according to Forbes magazine.
Tesla launches long-discussed robotaxi service
AFP, Published on 23/06/2025
» NEW YORK - Tesla began offering robotaxi services on Sunday in the US city of Austin, Texas, an initial step that Elon Musk's backers believe could lead to the company's next growth wave.