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Disney reassures investors streaming won’t break bank

Bloomberg Walt Disney Co.’s quest to become a digital-streaming giant will be an expensive endeavour, but the company can handle it. That’s the message of its latest earnings report, which exceeded Wall Street estimates and sent the shares up as much as 2.4% in late trading. Though profit fell 13% in the fiscal second quarter, that was better than what ...

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Vote-buying claim, machine glitches mar Philippines vote

Bloomberg Malfunctioning machines and hundreds of arrests for suspected vote buying are disrupting the Philippines’ midterm elections, with polling down to its final hour. Philippine President Rodrigo Duterte is poised for a majority win in both houses of Congress, even with slowing economic growth and controversial policies including a deadly drug war. Over 18,000 government positions are up for grabs ...

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Amnesty asks US to press Vietnam on rights amid arrests

Bloomberg Vietnam is increasingly jailing “prisoners of conscience” for comments made on social media platforms such as Facebook Inc, Amnesty International said, urging the US to challenge the government over the growing arrests during talks this week. The number of imprisoned activists has increased to 128 from 97 last year as the government implements a new controversial cyber security law, ...

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