Showing 1 - 10 of 29
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.
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.
NYSE fixes issue that showed 99% drops, triggered trading halts
Bloomberg News, Published on 04/06/2024
» A glitch during a software update early Monday led the New York Stock Exchange to erroneously halt trading on about 40 stocks and display odd trades showing a 99% drop in companies including Warren Buffett’s Berkshire Hathaway Inc.
Singapore bank sues money laundering suspect for $15 million
Bloomberg News, Published on 01/12/2023
» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.
Stark finds B15.6bn of irregular transactions in audit
Bloomberg News, Published on 30/09/2023
» Stark Corp, a Thai industrial cable maker at the centre of an accounting scandal and debt defaults, discovered at least 15.6 billion baht of irregular transactions at its units after completing parts of a required special investigation.
Regulator files fraud charges against Stark
Bloomberg News, Published on 06/07/2023
» The Securities and Exchange Commission (SEC) has filed charges against the largest shareholder and others involved in the management of Stark Corporation Plc, the industrial cable maker at the centre of an accounting scandal and debt default.
Debt-stricken Stark seeks way to avoid delisting
Bloomberg News, Published on 29/06/2023
» Stark Corporation Public Company Limited, the Thai industrial cable maker at the centre of an accounting scandal and debt default that rattled financial markets, plans to restructure its debt to stave off a forced delisting.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Troubles mount for Stark hit by accounting scandal
Bloomberg News, Published on 21/06/2023
» Bondholders of Stark Corporation Public Company Limited called for immediate payment of about US$200 million after a special audit revealed accounting irregularities, the latest trouble for the Thai electrical components maker that has defaulted on debt and seen its shares plummet to near-zero.
The best restaurant in the world is..
Bloomberg News, Published on 21/06/2023
» The best restaurant in the world is Central, in Lima. The dynamic tasting menu restaurant from chef Virgilio Martinez features ingredients from Peru’s very diverse landscape, from potatoes sourced from of the heights of the Andes mountains to sea urchin from the ocean and notes the latitude of each dish.