Bloomberg
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Singapore Court Orders Bloomberg to Pay $356,000 in Defamation Case
A Singapore court ordered Bloomberg to pay $356,000 in damages to two ministers after ruling that a 2024 article defamed them regarding property transactions.
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Shanmugam Alleges Trap in Bloomberg Defamation Trial
Singapore Home Affairs Minister K. Shanmugam testified that internal emails reveal Bloomberg had a pre-existing agenda to target his private property sale.
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Turkey’s Gold Reserves Plummet Amidst Lira Pressure
Turkey’s central bank sold 58 tonnes of gold in two weeks, slashing net reserves to 513 tonnes, the sharpest drop in seven years.
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Gemini Crypto Exchange Cuts 30% of Staff, Embraces AI Amid Losses
Gemini has significantly reduced its workforce by 30% this year and integrated AI tools as it grapples with substantial net losses and revenue challenges.
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Bitcoin ETFs See Surge in Inflows, Nearing Full Year-to-Date Offset
Bitcoin spot ETFs experienced significant single-day inflows, nearly reversing year-to-date outflows. Ten out of eleven ETFs recorded gains, signaling renewed investor interest.
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Terry Xu Absent as Ministers Seek Damages in Defamation Case
Terry Xu, chief editor of The Online Citizen, was absent from a High Court hearing on Feb 26 where ministers sought damages in defamation suits.
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Jennifer Jacobs Breaks Story as Trump Faces Backlash for Insulting Bloomberg Reporter
CBS News reporter Jennifer Jacobs was the first to reveal Donald Trump’s demeaning ‘piggy’ remark toward a Bloomberg journalist, igniting widespread criticism and debate over presidential decorum.
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Gold Prices Plummet: Investors Face Steepest Drop in Over a Decade
Gold prices experienced their largest one-day drop in over twelve years, as investors rushed to cash in on recent gains amid fears of overvaluation.