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GENERAL

GDP growth fell in 2023, piling rate-cut pressure

Bloomberg News, Published on 23/01/2024

» Thailand's economic recovery lost momentum last year and missed official forecasts, according to a government spokesman Chai Wacharonke, potentially piling pressure on the central bank to pivot to early easing.

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WORLD

North Korea tests undersea nuclear weapon system, warns of more

Bloomberg News, Published on 19/01/2024

» SEOUL - North Korea claimed it conducted an "important" test of an underwater nuclear weapon system off the nation's east coast, the latest development stirring up tensions on the Korean Peninsula.

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MOTORING

Indonesia says BYD to invest $1.3 billion to boost output

Bloomberg News, Published on 19/01/2024

» China’s BYD (Build Your Dreams), the world’s largest maker of electric vehicles (EVs), will invest US$1.3 billion in Indonesia, including in a production facility, according to a senior government official.

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GENERAL

Thai Union to book B18.5bn charge for exiting Red Lobster

Bloomberg News, Published on 17/01/2024

» Thai Union Group Plc, one of the world's biggest makers of canned tuna, will take a one-time charge of US$530 million (18.5 billion baht) as it plans to exit the unprofitable US restaurant chain Red Lobster.

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WORLD

US launches fresh Yemen strike a day after broader attack

Bloomberg News, Published on 13/01/2024

» WASHINGTON - The United States launched a fresh airstrike on a Houthi rebel radar installation Friday, in what was described as a follow-up attack to an earlier barrage across Yemen intended to degrade the group's ability to target commercial shipping in the Red Sea.

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WORLD

Spy satellite race in Asia heats up with Japanese rocket launch

Bloomberg News, Published on 12/01/2024

» SEOUL - A rocket carrying the latest addition to Japan's network of spy satellites is bound for orbit, a major step for the island nation as its neighbours also look to strengthen their surveillance capabilities in space.

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INVESTMENT

Bitcoin ETFs take Wall Street by storm with historic debut

Bloomberg News, Published on 12/01/2024

» NEW YORK - Wall Street may be divided over crypto's investment credentials but for Bitcoin brethren Thursday delivered validation: The first United States exchange-traded funds investing directly in the largest digital currency finally went live.

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WORLD

Bottled water contains more plastic particles than thought - study

Bloomberg News, Published on 10/01/2024

» NEW YORK - A typical one-litre (33-ounce) bottle of water contains some 240,000 plastic fragments on average, according to a new study. Many of those fragments have historically gone undetected, the researchers determined, suggesting that health concerns linked to plastic pollution may be dramatically underestimated.

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WORLD

Unveiling world's most powerful passports in 2024

Bloomberg News, Published on 11/01/2024

» HONG KONG - There has been a shake-up in the passport world.

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WORLD

North Korea to send new class of missiles to Russia

Bloomberg News, Published on 11/01/2024

» SEOUL - North Korea is looking to step up its military cooperation with Russia by sending Moscow new types of tactical guided missiles, while Pyongyang may soon conduct fresh tests of its own missiles designed to deliver nuclear strikes, South Korea’s defence minister said.