Page 6 - Bloomberg

Byju Raveendran gets six months in jail for contempt of court in Singapore

Byju Raveendran was ordered to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024

Mythos threat: Govt, tech firms test their softwares for vulnerabilities

Technology giants Infosys Ltd. and Tata Consultancy Services Ltd. are among companies carrying out the tests of their software for vulnerabilities in a secure environment to Mythos

'False narrative': BP's ousted chairman Manifold disputes wrongdoing claims

BP unexpectedly fired Manifold on Tuesday after eight months on the job, citing 'serious concerns' related to 'governance standards, oversight and conduct'

Nasa picks Jeff Bezos' Blue Origin, Firefly, others for moon base contracts

The announcement comes after Nasa unveiled a reorganization of its internal structure on Friday, combining various departments and promoting officials into new positions

Approx $20.6 billion of tariff refunds on way to importers: US govt

However, the govt's latest declaration to the US Court of International Trade also included an admission of a significant error in its last report to federal judge overseeing the tariff refund process

Memory chip frenzy sends SK Hynix, Micron into $1 trn club for first time

SK Hynix rose as much as 11 per cent in South Korea on Wednesday, taking its 12-month gain to more than 1,000 per cent and becoming the third Asian company to join the $1 trillion club

Beijing curbs overseas travel for top AI talent at private firms

In China, state-owned enterprises are known to hold the passports of their senior executives and Communist Party officials

China expands overseas travel curbs to top AI professionals at pvt firms

It's unclear how broadly those curbs will affect staffers across the industry, what level of seniority may be targeted or what specific roles could be added to the list of people affected

RBI, credit-rating firms assess West Asia conflict risks on India Inc

The consultations were aimed at evaluating conditions on the ground so authorities would not be caught off guard if the conflict deepens

Quad launches Indo-Pacific monitor plan as Strait of Hormuz crisis deepens

The meeting comes as Iran discusses establishing a permanent tolling system that would formalize its control over maritime traffic through the Strait of Hormuz

Quad diplomats meet in Delhi to revive group after Trump tensions

Quad, formed to counter China's growing influence in the Asia-Pacific region, has been beset by tension after Trump last year raised tariffs on Indian goods to 50% due to purchases of Russian oil

Congo Ebola outbreak is outpacing responders as patients flee clinics: WHO

Congo has reported 101 confirmed Ebola infections, 930 suspected cases and 221 suspected deaths, according to health ministry data released late Monday

Searing Asian summer may heighten risks of global gas price surge

Conflict in West Asia has choked a fifth of global LNG supply, but that hasn't resulted in extreme price spikes seen during previous energy crises, mainly due to weak Chinese imports

Japan slips to world's third largest creditor behind Germany and China

Japan's net external assets rose to an all-time high of ¥561.8 trillion ($3.5 trillion) at the end of 2025, but despite the increase, the total was surpassed by China

India's scorching nights strain power grid, raise health concerns

Higher heat means increased power consumption, and India has seen demand driven to repeated records, not only during the day but at night, resulting in occasional shortfalls

Taiwan overtakes India as world's 5th largest stock market on TSMC rally

Taiwan's ascent up the global equity rankings is largely driven by TSMC, which now accounts for about 42 per cent of the benchmark index, representing intense market concentration

Strategists warn yields to stay high even if West Asia conflict ends

Strategists warn long-term bond yields may remain elevated even if war-driven inflation eases, citing debt burdens, AI spending and higher rate expectations

Akasa Air gains ground as rivals cut flights amid Iran war disruption

Akasa Air, which was founded during the coronavirus pandemic and made its first commercial flight in 2022, operated 10,109 flights in March and April 2026

AI-fuelled rally drives global momentum stocks to record performance

Bulls say the AI frenzy can continue luring money into the market's biggest winners, though some caution that the scale of the outperformance is a warning sign

Rising swap rates open fresh return opportunities for India bond investors

Swap rates have gained since the US-Iran war began in late February, as traders bet that an oil-driven inflation surge will lead to tighter monetary policy