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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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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.

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GENERAL

Suvarnabhumi, Don Mueang set for $4.8bn expansion

Bloomberg News, Published on 30/04/2024

» The operator of Thailand's two main airports plans to spend about US$4.8 billion to more than double capacity by the end of the decade to cope with a surge in post-coronavirus-pandemic tourism.

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WORLD

Hamas studying Israel’s truce counterproposal

Bloomberg News, Published on 27/04/2024

» GAZA - Hamas said it has received and will study the latest counterproposal by Israel on a ceasefire in the Gaza Strip and the release of hostages.

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WORLD

Singapore plans law to support gig workers’ retirement

Bloomberg News, Published on 27/04/2024

» SINGAPORE - This year, Singapore will introduce a new law aimed at supporting so-called gig-economy workers plan for their retirement needs and get work injury protection, Minister for Manpower Tan See Leng said.

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WORLD

Kim Jong Un tests rockets to strike Seoul, perhaps sell to Putin

Bloomberg News, Published on 26/04/2024

» SEOUL - North Korea's leader Kim Jong Un oversaw tests of a new North Korean rocket system that could bolster his ability to attack Seoul and it may become a weapon he attempts to sell to Russia for use in its assault on Ukraine.

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PROPERTY

Singapore home price rises slow, rents fall

Bloomberg News, Published on 26/04/2024

» SINGAPORE - Home prices in Singapore grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.

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WORLD

Xi to meet Blinken to steady China-US ties

Bloomberg News, Published on 26/04/2024

» BEIJING - United States Secretary of State Antony Blinken will meet with President Xi Jinping in Beijing, as the world’s biggest economies spar on trade complaints and China's continued support for Russia.

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GENERAL

Dirtier and heavier oil in demand as market shifts

Bloomberg News, Published on 22/04/2024

» SINGAPORE - Oil that is more sulphurous and dense is gaining popularity in the Asian physical market in a rare shift away from the usual pattern as global crude flows change and rewards from refining move in its favour.