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MOTORING

Chinese carmakers near 10% UK share after fivefold BYD surge

Bloomberg News, Published on 05/06/2025

» LONDON — Chinese automakers stepped up their push into the United Kingdom (UK) last month, closing in on a 10% market share for the first time as demand for BYD (Build Your Dreams) Co electric models continues to boom.

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WORLD

Ship carrying EVs abandoned in Pacific after catching fire

Bloomberg News, Published on 04/06/2025

»  NEW YORK -- A ship carrying about 3,000 cars to Mexico has been  abandoned in the middle of the Pacific Ocean after catching fire on Tuesday. 

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WORLD

Japan’s fertility rate hits record low

Bloomberg News, Published on 04/06/2025

» TOKYO — Japan’s fertility rate declined in 2024 for the ninth consecutive year, reaching another historical low that underscores the immense challenge facing the government as it attempts to reverse the trend in one of the world’s most aged societies.

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WORLD

Trump, Xi have crossed wires on rare earths

Bloomberg News, Published on 04/06/2025

» NEW YORK — The United States and China appear to have different understandings of what was agreed on rare earths at last month’s trade talks in Geneva, according to an expert on critical minerals policy.

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GENERAL

Red Bull heir moves $1.1bn stake to Geneva trust firm

Bloomberg News, Published on 03/06/2025

» NEW YORK --  When an Austrian marketer and a Thai businessman decided to launch Red Bull to the world, they settled on a simple ownership structure: each would own 49% of the venture.

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THAILAND

3.78 trillion baht budget clears first parliamentary hurdle

Bloomberg News, Published on 31/05/2025

» The Lower House backed a 3.78 trillion baht (US$115 billion) annual budget as Prime Minister Paetongtarn Shinawatra’s multi-party coalition buried differences to support the spending plan.

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WORLD

Chinese students in US will be fine, says Trump

Bloomberg News, Published on 31/05/2025

» WASHINGTON — US President Donald Trump sought to downplay worries among Chinese student visa holders over his administration’s scrutiny, saying he would tell them that everything would be “fine” as they pursue their studies in the United States.

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WORLD

K-pop and breakdance power South Korea’s high-stakes presidential race

Bloomberg News, Published on 31/05/2025

» SEOUL — In South Korea’s high-stakes presidential campaign, K-pop is not just a cultural backdrop — it’s a political strategy.

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GENERAL

Thai rice demand quiet with no major deals, Indian rates near two-year low

Bloomberg News, Published on 29/05/2025

» BENGALURU — Ample supplies and expectations of another bumper crop in India kept rice export prices near a two-year low this week, while Vietnam and Thailand saw muted activity.

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GENERAL

Southeast Asia voices ‘urgency’ to diversify due to US tariffs

Bloomberg News, Published on 28/05/2025

» BOSTON — Southeast Asian leaders called out United States President Donald Trump’s tariff plans as causing uncertainties in commerce with their region’s largest export customer and underscoring an “urgency of diversifying trade beyond traditional markets.”