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Bloomberg in asian news

Bloomberg - Canada casts doubt on ‘Asian Nato’, citing diverse regional interests in Indo-Pacific - scmp.com - Japan - Canada - China - Usa - South Korea - Washington - Ukraine - county White - city Tokyo - city Beijing - city Seoul

Canada casts doubt on ‘Asian Nato’, citing diverse regional interests in Indo-Pacific

Canadian Defence Minister Bill Blair cast doubt on the idea of an “Asian Nato,” saying that any US-led military alliance in the region would look different due to the diverse strategic interests there.

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Bloomberg - Malaysia’s Muhyiddin Yassin suffers fresh legal blow in corruption case - scmp.com - Malaysia

Malaysia’s Muhyiddin Yassin suffers fresh legal blow in corruption case

Appeal Court Judge Azizah Nawawi said on Wednesday the five-member panel would not pursue Muhyiddin’s case as the earlier bench had the jurisdiction to review the High Court decision, she said. Wednesday’s decision was unanimous, she added.

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Bloomberg - Chip war: former Samsung executives arrested for allegedly stealing tech for China - scmp.com - China - South Korea - city Beijing - city Sanction - city Washington - city Seoul

Chip war: former Samsung executives arrested for allegedly stealing tech for China

The Seoul Metropolitan Police Agency on Tuesday described how the pair had collaborated with local Chinese officials to build a semiconductor facility. One of the two, identified as a 66-year-old surnamed Choi, recruited South Korean chip experts and leaked Samsung memory technologies via a joint venture, the police said in a statement.

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Bloomberg - Singapore’s record setting US$24 million office sale on Orchard Road signals investor interest - scmp.com - Usa - Singapore - city Singapore

Singapore’s record setting US$24 million office sale on Orchard Road signals investor interest

An office floor in a building on Singapore’s Orchard Road is being sold for a record rate, in a sign of continued investor interest in the city state’s prime market.

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Bloomberg - Reuters - Ukraine war: sanctioned Russian plant delivering gas to Asia, defying US restrictions - scmp.com - Usa - Russia - Washington - Ukraine - Palau - city Moscow - city Sanction

Ukraine war: sanctioned Russian plant delivering gas to Asia, defying US restrictions

A sanctioned Russian liquefied natural gas export facility is sending a shipment to Asia for the first time, as Moscow continues a search for customers willing to take the fuel and circumvent US restrictions.

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Bloomberg - Thailand is drowning in household debt. The new prime minister wants to change that - scmp.com - Usa - Thailand - city Bangkok

Thailand is drowning in household debt. The new prime minister wants to change that

The initiative will also cover the informal sector, and will be implemented through state-owned financial institutions, commercial banks and asset management companies.

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Bloomberg - From Malaysian roadside snack seller to billionaire: inside Lee Thiam Wah’s meteoric rise - scmp.com - Malaysia - Singapore - city Kuala Lumpur

From Malaysian roadside snack seller to billionaire: inside Lee Thiam Wah’s meteoric rise

On Monday, the 60-year-old will be newly minted as a billionaire after his company 99 Speed Mart Retail Holdings Bhd goes public in Kuala Lumpur.

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Bloomberg - Singapore’s Changi Airport to expand with new mega terminal to stay ahead of regional rivals - scmp.com - Singapore

Singapore’s Changi Airport to expand with new mega terminal to stay ahead of regional rivals

The new Terminal 5 would add capacity for another 50 million passengers a year when operational in the mid-2030s, up from 90 million, and would allow the aviation hub serve more than 200 destinations, from almost 150 now.

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