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Bloomberg in asian news

Bloomberg - Risa Hontiveros - Philippines says China-centric Pogos ‘deeply’ linked to global crime rings - scmp.com - China - Philippines

Philippines says China-centric Pogos ‘deeply’ linked to global crime rings

The Senate inquiry on so-called Philippine offshore gaming operators has established ties between these gambling operations and foreign criminal groups, Senator Risa Hontiveros told foreign correspondents. “We have seen numerous and deep links to transnational crime syndicates,” she said.

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Bloomberg - Australia’s housing crisis festers as reforms stuck in political gridlock - scmp.com - Australia

Australia’s housing crisis festers as reforms stuck in political gridlock

A key piece of the centre-left Labor government’s housing programme is in limbo after opposition parties on Wednesday voted to defer for two months legislation that aims to help first homeowners break into the market. The bill is for a shared equity scheme which would allow citizens to buy houses with a smaller deposit.

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Bloomberg - North Korea may sell nuclear bomb-making materials to rogue states, experts warn - scmp.com - Usa - North Korea - Austria - city Pyongyang - city Vienna

North Korea may sell nuclear bomb-making materials to rogue states, experts warn

The International Atomic Energy Agency started its annual general conference in Vienna on Monday, days after Pyongyang revealed images of a factory where uranium isotopes can be separated to fuel nuclear weapons.

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Bloomberg - China’s Lenovo builds AI servers in India as supply chain shift gathers pace - scmp.com - China - India

China’s Lenovo builds AI servers in India as supply chain shift gathers pace

The company said Tuesday it has started making the large, powerful computers in Pondicherry, southeastern India, moving beyond products such as laptops and smartphones.

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Bloomberg - Southeast Asian - US tariffs on China to lend a hand to Malaysia’s glove makers - scmp.com - China - Usa - Thailand - Malaysia

US tariffs on China to lend a hand to Malaysia’s glove makers

Top Glove jumped as much as 32 per cent, the most ever, while Hartalega Holdings Bhd rallied by the 30 per cent limit. The gains come a day after Thailand peers spiked, as analysts point out that Southeast Asian producers will be the main beneficiaries. Malaysia’s market was closed for a holiday on Monday.

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Bloomberg - First Malaysia, next: the world? 99 Speed Mart eyes international expansion - scmp.com - Malaysia

First Malaysia, next: the world? 99 Speed Mart eyes international expansion

The over 2,600-store-strong chain now seeks to grow to 3,000 outlets nationwide by the end of 2025, and have a presence in Kelantan – the only state in Malaysia that it’s missing from.

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Bloomberg - China’s grip on rare earths undercuts US, Japan and Australia projects - scmp.com - Japan - China - Usa - state Indiana - state Texas - Australia - Houston

China’s grip on rare earths undercuts US, Japan and Australia projects

A couple of hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of rare earth minerals critical to high technology has yet to break ground.

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Bloomberg - Corrupt? I was just ‘hitchhiking’ on a friend’s private jet, Widodo’s son says - scmp.com - Usa - Indonesia

Corrupt? I was just ‘hitchhiking’ on a friend’s private jet, Widodo’s son says

“My trip to the US was on my friend’s [private jet],” Kaesang said in a statement. He did not provide further details about the identity of the aircraft’s owner.

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