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Bloomberg in asian news

Bloomberg - Singapore home sales at lowest since 2008 with developers and buyers locked in a stand-off - scmp.com - Singapore - city Singapore

Singapore home sales at lowest since 2008 with developers and buyers locked in a stand-off

Singapore new-home sales are likely to fall this year to their lowest level since the global financial crisis, according to property consultancies that cut their forecasts after yet another month of weak transactions.

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Bloomberg - Singapore’s electronics exports soar amid China’s anti-tariff chips strategy - scmp.com - China - Singapore - city Singapore

Singapore’s electronics exports soar amid China’s anti-tariff chips strategy

Electronics exports rose 35.1 per cent in August from a year earlier, following a revised increase of 16.8 per cent the previous month, according to data released by Enterprise Singapore on Tuesday. That was the fastest growth since June 2010.

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Bloomberg - Singapore sets course for ‘bold changes’ to reinvigorate flagging stock market - scmp.com - Singapore - city Singapore

Singapore sets course for ‘bold changes’ to reinvigorate flagging stock market

Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its Second Minister for Finance.

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Bloomberg - Vietnam counts the US$1.6 billion cost of Super Typhoon Yagi’s destruction - scmp.com - Usa - Vietnam

Vietnam counts the US$1.6 billion cost of Super Typhoon Yagi’s destruction

The losses could trim 0.15 percentage points off 2024’s economic growth, according to state media, citing an estimate by the Ministry of Planning and Investment. Third-quarter growth could see 0.35 percentage points shaved off, while the fourth quarter may see a hit of 0.22 percentage points. The government previously targeted this year’s expansion at as much as 7 per cent.

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Anwar Ibrahim - Bloomberg - Malaysia’s PAS vows to shut casino if it controls Pahang – ‘gambling is harmful’ - scmp.com - Malaysia

Malaysia’s PAS vows to shut casino if it controls Pahang – ‘gambling is harmful’

A senior official from Parti Islam Se-Malaysia said if voters in central Pahang state – home to Genting Bhd.’s casino – wanted gambling to end, they should choose the Islamic party. The party is tapping into concerns by the country’s Muslim majority over gambling, which is forbidden in the Koran.

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Bloomberg - Indian apparel tycoon Harish Ahuja buys luxury home in London’s Notting Hill for US$27 million - scmp.com - Usa - India - Britain - city London

Indian apparel tycoon Harish Ahuja buys luxury home in London’s Notting Hill for US$27 million

An Indian tycoon behind an apparel empire has just paid £21 million (US$27 million) for a home in London’s Notting Hill district, marking one of this year’s biggest UK residential deals that defied a wider slowdown in luxury sales.

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Elon Musk - Bloomberg - Elon Musk calls Australia ‘fascists’, attacks social media laws targeting misinformation - scmp.com - Australia

Elon Musk calls Australia ‘fascists’, attacks social media laws targeting misinformation

Tech billionaire Elon Musk has labelled the Australian government as “fascists” over proposed new laws to crack down on digital misinformation, particularly on social media websites.

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Bloomberg - Philippines investigates Grab over alleged rape, robbery of Vietnamese woman in car - scmp.com - Usa - Philippines - Vietnam

Philippines investigates Grab over alleged rape, robbery of Vietnamese woman in car

Philippine regulators are investigating the alleged robbery and sexual assault of a Vietnamese woman who booked a car ride via Grab Holdings Ltd.

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