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Entrepreneurs turn old Bangkok trade hub into trendy spot

January 5, 2025

ADNOC launches $18.7 billion takeover bid for Australia’s Santos
SYDNEY — Australian oil and gas company Santos announced Monday that it has received a takeover offer worth $18.7 billion from a consortium led by international energy investment company XRG, a subsidi of Abu Dhabi’s state-owned oil company ADNOC. The XRG-led consortium, which includes Abu Dhabi Development Holding Company (ADQ) and U.S. investment firm Carlyle,…
China’s consumption growth beats expectation on holiday spending
TOKYO — China’s retail sales expanded more than expected in May, boosted by holiday spending at the beginning of the month and the early start of the “618” online shopping festival. The gauge of household spending rose 6.4% last month, the fastest pace since December 2023, according to data published by the National Bureau of…
Hong Kong activist Oasis urges foreign funds to vote proactively in Japan
TOKYO — Japan is entering another busy season of annual general meetings, with a record number of shareholder proposals, including ones from Hong Kong-based activist investor Oasis Management. Founder and chief investment officer Seth Fischer, in an online interview with Nikkei Asia on Thursday, said that he has seen changes in how Japanese investors vote against…
Red Sox trade three-time All-Star Rafael Devers to Giants in blockbuster deal
BOSTON — The Boston Red Sox traded Rafael Devers to the San Francisco Giants on Sunday in a deal that could shake up pennant races on both coasts. Devers’ agent, Nelson Montes de Oca, confirmed the deal to The Associated Press. ESPN reported that the Giants are sending Boston a package of players that includes…
J.J. Spaun comes out victorious in a rainy U.S. Open
OAKMONT, Pa. — J.J. Spaun turned a sloppy mess of a U.S. Open at wet and nasty Oakmont into a thing of beauty at the end Sunday with two stunning shots that carried him to his first major championship. First came his driver on the 314-yard 17th hole onto the green for a birdie that…
‘Innocent bystander’ shot dead by ‘peacekeepers’ during ‘No Kings’ protest in Salt Lake City
An “innocent bystander” at the “No Kings” demonstration in downtown Salt Lake City was shot and killed Saturday, police said. Arthur Folasa Ah Loo, 39, of Utah, died in a hospital after being transported for his injuries following the shooting, according to an update from the Salt Lake City Police Department. Detectives believe Ah Loo…
Indonesian academics raise concern over government’s rewriting of history
JAKARTA — The Indonesian government’s plan to publish a new national history has raised alarm among academics and human rights groups, who have warned of a troubling attempt to conceal some of the darker chapters in the country’s past and erode freedom of speech. A prelimin draft of the book, circulated in limited circles, includes…
China adds 100 nuclear warheads in past year, report shows
TOKYO — China is beefing up its nuclear arsenal faster than any other country, a new report shows, highlighting the risks of a new nuclear arms race led by big powers. China currently possesses at least 600 nuclear warheads, which is an increase of about 100 a year since 2023, the Stockholm International Peace Research Institute…
Search continues for Minnesota suspect and Trump vetoes an Israeli plot: Weekend Rundown
Authorities in Minnesota have mobilized state and local police, SWAT teams and K-9 units across multiple counties as a massive search continues for a 57-year-old man suspected of shooting two state Democratic lawmakers in a targeted attack. Vance Boelter, 57, is accused of committing the “politically motivated” shootings. State Rep. Melissa Hortman and her husband,…