Low De Wei, Bloomberg

Low De Wei

Bloomberg

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Recent:
  • Bloomberg
  • The Seattle Times
Past:
  • WealthManagement.com

Recent articles by Low:

What You Need to Know About the Chinese Spy Balloon Floating Over the US

The US Defense Department said Thursday it’s monitoring a suspected Chinese surveillance balloon floating over the western state of Montana, underscoring mutual suspicion between the world’s two largest economies just as top diplomats prepare to hold talks in Beijing. Here’s everything we know so far: → Read More

Porsche blunder puts $148,000 sports car on sale for just $18,000

When a Porsche AG dealership in China posted an online advertisement for the latest Panamera sports car, it wasn't the sleek curves of the motor that grabbed the most attention — it was the bargain price. Drivers dreaming of a... → Read More

Chinese City Turns Quarantine Camp Into Temporary Homes for ‘Skilled Talent’

Local governments in China are looking for new uses for the makeshift quarantine facilities built during the pandemic, after years of strict Covid Zero rules left many authorities strapped for cash. → Read More

Everything You Need to Know About the Fight Between Adani and Hindenburg

In a David versus Goliath battle, a small New York short seller is taking on one of Asia’s richest people. Hindenburg Research’s allegations against Adani Group are threatening to unravel the meteoric rise of 60-year-old Indian tycoon Gautam Adani, whose wealth surged by $44 billion in 2022 when many billionaires saw their fortunes shrink. → Read More

Djokovic’s Father to Skip Australian Open Semi-Final Over Russia Flag Fallout

The father of Serbian tennis star Novak Djokovic will not attend his son’s semi-final game at the Australian Open after he was filmed with a group of pro-Russia fans following an earlier match. → Read More

Soaring Singapore Rents Set to Climb Another 10-15% This Year

A breakneck surge in residential rents hammered Singapore’s tenants with increases of about 21% in the first nine months of 2022 — and the pain looks set to continue this year. → Read More

World Cup Fans Without Masks Pose Dilemma for Chinese Broadcasters

Footage of maskless fans packed into Qatar’s stadiums for the World Cup is putting China -- facing rising discontent over its continuing strict Covid protocols -- in a bind. → Read More

Everything You Need to Know About Malaysia's Tangled New Government

After days of political horse-trading and palace intrigue following Saturday’s election, Malaysia is finally set to unveil a new government. → Read More

Home seller offers a free Tesla to attract buyers

A homeowner in New Zealand's rapidly cooling housing market is turning to an unusual way to attract buyers. → Read More

Execution Joke Costs Japan's Justice Minister His Job

Japanese Justice Minister Yasuhiro Hanashi stepped down after joking the only time he gets noticed is when he signs off on executions, becoming the second minister forced out in less than a month and dealing a fresh blow to Prime Minister Fumio Kishida’s government. → Read More

Museum Staff Face Discipline After Breaking Chinese Treasures

Taiwan’s National Palace Museum said it disciplined two staff members who accidentally damaged historical artifacts, after an opposition lawmaker accused it of a cover-up. → Read More

Airline Offers Rent and Unlimited Flights for Remote Workers

Japan’s Star Flyer is trying to draw remote workers in Tokyo with airfare-plus-rent subscriptions. → Read More

One of Vietnam’s Hottest Instagram Spots Shut Over Safety Fears — Again

Authorities in Vietnam’s capital have ordered the temporary closure of one of the city’s most popular attractions, a 300-meter stretch of railway narrowly bordered by cafes, restaurants and shops.Officials in Hanoi’s downtown Hoan Kiem district announced the move late Wednesday, blaming safety violations raised by the national railway, and said all shops in the area have to close in the next… → Read More

Why Singapore Could Decriminalize Sex Between Men

Singapore is reviewing a colonial-era rule that criminalizes sex between men while trying to protect a law that prevents same-sex marriages. Here’s where things stand: → Read More

Majority of Singaporeans Say Inflation Handled ‘Badly,’ Poll Shows

More than half of Singaporeans think the government is handling inflation “badly,” according to a new poll, highlighting challenges facing the country’s leaders as the nation undergoes a political transition. → Read More

China Says Beijing Isn't Locked Down. These Pictures Tell a Different Story.

China has slapped down rumors that its capital will be put into a Shanghai-style lockdown because of a persistent Covid-19 outbreak, saying Beijing remains operational. But, official lockdown or not, many of what were once the city’s busiest streets are now deserted. → Read More

Who’s Gagosian, the Winning Bidder for Warhol’s $195M ‘Marilyn’

What you need to know about the businessman who managed to secure the most expensive work by an American artist sold at auction. → Read More

Singapore Seeks Expats With ‘Super’ Skills

Singapore is seeking to attract higher-caliber foreign workers under a new points-based visa system, as part of the government’s broader push to boost local employment while positioning itself as a global city, Manpower Minister Tan See Leng said. → Read More

Singapore Seeks to Rebuild Coffers After $74 Billion Covid Fight

Singapore will lay out plans for a post-pandemic future in its budget Friday, which is expected to focus on rebuilding finances to face long-term challenges such as rising health-care costs amid an aging local workforce. → Read More

What to Expect From Singapore's Budget, From Tax Hikes to Business Relief

Singapore is expected to announce tax increases in its budget Friday as officials seek to balance the books after two years of pandemic-induced deficits -- even as challenges mount from rising inflation and a slowing economic recovery. The return to a fiscally conservative stance is complicated by the largest price increases in years. Potential changes to policies on foreign labor and the tax… → Read More