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WORLD

Biden sparks fresh confusion over US policy on Taiwan

Bloomberg News, Published on 17/11/2021

» NEW YORK: President Joe Biden reignited confusion about his administration’s approach toward Taiwan hours after a lengthy virtual summit with Chinese leader Xi Jinping, providing an early test of whether the countries can move past the issue after a generally positive meeting.

WORLD

Malaysian economy back to contraction

Bloomberg News, Published on 12/11/2021

» Malaysia’s economy returned to contraction in the third quarter, the first Southeast Asian economy to report a renewed slump, but the central bank said it expects growth to rebound fast as virus curbs are eased.

THAILAND

World’s largest hydro-floating solar farm goes live in Ubon Ratchatani

Bloomberg News, Published on 09/11/2021

» A floating solar farm that’s equivalent to about 70 footbal fields in size has begun generating power in Ubon Ratchatani, reflecting the country’s push to achieve carbon-neutral status by 2050.

BUSINESS

Bitcoin, Ether hit records amid broad rally in cryptocurrencies

Bloomberg News, Published on 09/11/2021

» Bitcoin and Ether hit all-time highs Tuesday in an ongoing cryptocurrency rally that some analysts attributed partly to the search for investments to hedge risks from inflation.

WORLD

Protestors expose the stark reality of climate progress at COP26

Bloomberg News, Published on 07/11/2021

» The parade of announcements this week from world leaders, finance figures and climate diplomats at the COP26 summit culminated in a weekend parade of protesters through Glasgow, Scotland. The message from the thousands carrying placards around the venue of the meeting is one most insiders would agree with: The progress is still not enough to avoid catastrophe.

WORLD

Indonesia and Philippines join plan to shut coal plants early

Bloomberg News, Published on 03/11/2021

» The Asian Development Bank has launched a plan that aims to help Indonesia and the Philippines retire 50% of their coal fleet over the next 10 to 15 years.

WORLD

Tesla takes top spot in Singapore sedan sales

Bloomberg News, Published on 29/10/2021

» Tesla Inc’s Model 3 was Singapore’s top-selling sedan for the first time in September, as Elon Musk’s electric vehicle pioneer starts to make inroads in the world’s most expensive auto market.

LIFE

Apple finally falls victim to supply-chain crisis

Bloomberg News, Published on 13/10/2021

» Apple Inc, the world’s most valuable company, has finally joined a growing list of household names from Toyota to Samsung forced to cut back on business because of a global shortage of semiconductors.

BUSINESS

Merck’s Covid pill sparks Asia vaccine shares selloff

Bloomberg News, Published on 04/10/2021

» SINGAPORE: The price of shares in makers of vaccines and other coronavirus treatments dropped in Asia on Monday after Merck & Co said its experimental pill cuts the risk of hospitalization and death from Covid-19 in half.

BUSINESS

National shipping line to set off in June

Bloomberg News, Published on 23/09/2021

» Trade-reliant Thailand plans to launch a national shipping company next year to bolster its trade capabilities, reduce transport costs and become a bigger player in global logistics as the Malacca bypass opens.