Singapore court awards 2 ministers S$230,000 each in Bloomberg libel case
Why it matters: The judge found malice, citing false claims and Bloomberg’s removal of the paywall to widen the article’s reach.
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Singapore court awards 2 ministers S$230,000 each in Bloomberg libel case
Why it matters: The High Court found malice and aggravated the damages, saying the article implied the ministers hid property deals to avoid scrutiny over possible money laundering.
Singapore court orders Bloomberg to pay 2 ministers S$230,000 each
What's new: The judge found malice, citing false information and Bloomberg's move to drop the paywall on the article.
Bloomberg, BBC News (World) +4
Meta, Microsoft push data center lease commitments past $850 billion
Why it matters: The long-dated obligations signal years of spending on AI chips, power and server capacity across the industry.
Emerging-market profits beat estimates for first time since 2022
Why it matters: Stronger earnings across Asian tech, Indian energy and Brazilian utilities bolster the case that this year’s nearly 30% rally has firmer footing.
Apple said to be preparing iPhone Air 2 with two cameras in 2027
The rumored upgrade also includes longer battery life and an A20 Pro chip, as first-generation sales remain modest.
Bloomberg, Antara News
South Korea’s Kospi jumps 90% as MSCI review nears on June 23
What’s next: Investors expect MSCI to keep South Korea in emerging markets for now as it tests market-access reforms.