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Search Result for “switzerland”

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WORLD

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.

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BUSINESS

Surging Thai gold exports to Cambodia spark demand for probe

Bloomberg News, Published on 13/09/2025

» An unusual surge in Thai gold exports to neighbouring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fuelling a rally in the baht, which threatens to undermine the nation’s exports and tourism.

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BUSINESS

Trump hails progress after first day of US-China trade talks

Bloomberg News, Published on 11/05/2025

» Senior US and Chinese negotiators spent hours behind closed doors in Switzerland on Saturday as they held high-stakes talks that offer the clearest opportunity yet for the two countries to de-escalate their trade war, with President Donald Trump calling it a “very good” meeting.

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BUSINESS

Vietnam shipping giant sees revenue tripling in Trump tariff era

Bloomberg News, Published on 17/01/2025

» HANOI — Vietnam Maritime Corp, undaunted by potential tariffs from the incoming Trump administration that risk crimping the nation's trade, forecasts revenue to more than triple in the next decade, General Director Nguyen Canh Tinh said.

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BUSINESS

Xi seizes role as global defender of free trade against Trump

Bloomberg News, Published on 16/11/2024

» LIMA — As United States President-elect Donald Trump threatens to impose tariffs on the entire world, Xi Jinping is once again wasting no time in positioning himself as the premier defender of the international trading system.

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LIFE

Watch industry failing to make models women want - survey

Bloomberg News, Published on 07/11/2024

» GENEVA — The watch industry is not producing and marketing enough models that women want to wear, a survey has found.

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WORLD

Singapore charges former bankers in laundering case

Bloomberg News, Published on 15/08/2024

» Singapore charged two former bank relationship managers who it accused of being involved in the country’s biggest money-laundering case, marking its first criminal actions against finance professionals in the S$3 billion (US$2.3 billion) scandal.

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WORLD

Rwanda confirms Kagame’s landslide win with 99.2% of vote

Bloomberg News, Published on 23/07/2024

» KIGALI - Rwanda's President Paul Kagame secured a fourth term after winning 99.2% of the vote, extending his two-and-a-half-decade rule of the East African nation.

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WORLD

Xi, Putin score wins as more Asia leaders aim to join Brics

Bloomberg News, Published on 21/06/2024

» SINGAPORE - As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the Brics economic bloc encountered a region keen to join a group seen as a hedge against Western-led institutions.

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BUSINESS

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.