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MOTORING

Carmakers flag difficult year on costs, muted EV demand

Bloomberg News, Published on 09/05/2024

» PORTLAND - Automakers across Europe and Asia are warning of a challenging year as rising costs and waning demand for electric vehicles (EVs) weigh on profits.

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LIFE

Taylor Swift draws 5 times as many US travellers as Olympics

Bloomberg News, Published on 07/05/2024

» Paris authorities have spent years readying for the almost 2 million international visitors expected for the 2024 Summer Olympics, but they may have overlooked a far bigger phenomenon now coming to the city: Taylor Swift.

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GENERAL

Thai drinks firm plans Singapore IPO for coconut water exporter

Bloomberg News, Published on 07/05/2024

» Thai drinks maker General Beverage Co Ltd is planning a Singapore initial public offering (IPO) for a unit that distributes its brands including IF coconut water overseas, according to people familiar with the matter.

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GENERAL

Visa waiver extended for Indians, Taiwanese

Bloomberg News, Published on 07/05/2024

» The cabinet has approved a plan to extend visa exemptions for tourists from India and Taiwan for six more months, as the country seeks to boost the number of foreign arrivals to shore up the sluggish economy.

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WORLD

Israel raids Al Jazeera’s offices after banning broadcaster

Bloomberg News, Published on 06/05/2024

» Israeli officials seized Al Jazeera equipment on Sunday, hours after the nation’s cabinet approved a decision to shutter the Qatar-based TV news network’s operations in the Jewish state - an unprecedented step toward an international media outlet.

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WORLD

Indian nationals arrested in murder of Sikh activist in Canada

Bloomberg News, Published on 04/05/2024

» OTTAWA - Canadian police arrested three Indian nationals on Friday linked to the murder of a Sikh activist that sparked a major diplomatic clash between Canada and India.

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INVESTMENT

Bitcoin ETF discounts reach records after late-day selloff

Bloomberg News, Published on 02/05/2024

» NEW YORK - Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.

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TECH

Microsoft pledges $2.2bn in AI investment in Malaysia

Bloomberg News, Published on 02/05/2024

» KUALA LUMPUR - Microsoft Corp will invest US$2.2 billion to build digital infrastructure in Malaysia, the latest in a series of big-ticket bets on Asia’s rising prominence as a technology market.

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WORLD

Southeast Asia heat breaches records, prompts gas buying

Bloomberg News, Published on 30/04/2024

» Southeast Asia's severe heat wave is pushing temperatures and power demand to new records, straining grids and prompting traders in the region to bulk up on natural gas cargoes.

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INVESTMENT

Microsoft to invest $1.7bn in cloud, AI in Indonesia

Bloomberg News, Published on 30/04/2024

» JAKARTA - Microsoft will invest US$1.7 billion in Indonesia to empower the Southeast Asian country with cloud services and artificial intelligence (AI), including by building data centres, visiting chief executive Satya Nadella said on Tuesday.