Russian Elite Seek Refuge in Thailand: Phuket’s Transformation
July 28, 2023
Thailand's allure as a premier tourist destination has welcomed a unique cohort to its picturesque landscapes – Russian elites. As Western doors...
‘No city anymore’: Mariupol survivors take train to safety.
Survivors of Mariupol's brutal siege recount their traumatic escape, describing a city reduced to ruins, where they endured weeks of bombardment, hunger, and desperation before finally finding safety on a train to western Ukraine.
WHO says 99% of the world’s population breathes poor-quality air.
The World Health Organization warns that nearly all global populations breathe air failing quality standards, with pollutants causing respiratory issues and millions of preventable deaths annually.
Refugee exodus reaches 2.8 million as Russian strikes hit west Ukraine
Thousands of refugees flee Ukraine following Russian attacks near the Polish border, with UN data showing over 2.8 million people have left the country. European officials predict up to 5 million may ultimately seek refuge, marking the fastest-growing refugee crisis since World War II.
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
GlobalFoundries is investing $4 billion in a new chip factory in Singapore, joining rivals like TSMC and Samsung in expanding production capacity. The US-based company aims to address ongoing semiconductor shortages across industries, with additional investments in the US and Germany.
U.S. OPENS PROBE INTO TESLA’S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES
The National Highway Traffic Safety Administration has launched a formal safety investigation into Tesla's Autopilot system after identifying 11 crashes involving emergency vehicle scenes since 2018. The probe will examine 765,000 Tesla vehicles equipped with Autopilot since 2014.
Tens of thousands protest in Berlin against the war in Ukraine.
Approximately 30,000 protesters gathered near Brandenburg Gate in Berlin, waving Ukrainian flags and holding signs demanding an end to the war. Participants of all ages marched through the city, chanting slogans like "Stop Putin" and "Solidarity with Ukraine!"
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
Asian stocks dropped on Tuesday as investor sentiment was dampened by escalating COVID-19 cases in China, ongoing Ukraine-Russia tensions, and anticipated US interest rate increases. MSCI's Asia-Pacific index fell 1.97%, with Chinese stocks experiencing significant weakness, reflecting growing economic uncertainty in the region.
Bubble tea chain raises US$656m in Hong Kong IPO
Chinese bubble tea brand Nayuki Holdings Ltd. successfully raised $656 million through its Hong Kong initial public offering. The company plans to sell 257.3 million shares priced between HK$17.2 and HK$19.8, with founders potentially becoming billionaires after the listing.
Asia’s US$350bil gas projects intensify the clean energy debate.
Asia is investing over US$350 billion in liquefied natural gas (LNG) projects, aiming to reduce coal consumption while triggering debates about long-term fossil fuel dependence and renewable energy adoption across China, Philippines, and Vietnam.
