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INVESTMENT

Bitcoin’s longest losing streak of 2024 casts cloud over crypto

Bloomberg News, Published on 09/05/2024

» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.

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PROPERTY

Major Chinese city scraps housing curbs as easing gains pace

Bloomberg News, Published on 09/05/2024

» HANGZHOU- Hangzhou, a major city in eastern China, removed all of its remaining homebuying curbs in the latest example of a local government pursuing aggressive easing to end the property crisis.

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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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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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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

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.