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Iran fired hundreds of ballistic missiles at Israel in response to an unprecedented attack on its nuclear facilities on Thursday, which killed top Iranian generals and badly damaged key military infrastructure. Three people were killed in the Tel Aviv area and at least 40 were injured in multiple strikes, according to police and emergency services: https://bloom.bg/4lbdSod
📷: Tomer Neuberg/AP Photo
🚨 Here's the latest:
• Israel attacks Iran’s nuclear, ballistic missile programs
• Iran vows blow against Israel, US; Says no damage to refineries
• Israeli airstrikes killed commander of Revolutionary Guard
• US says not involved, warned Iran against targeting US assets
• Crude oil, gold surge as stocks drop on concern at attack
Follow our blog for the latest: https://bloom.bg/4n4uFuY
🚨 LIVE BLOG: Israel has launched airstrikes on Iran and is bracing for retaliatory action.
Follow the latest news and analysis: https://bloom.bg/4e0KnmH
Bloomberg.com
Israel Launches Strikes at Iran, Braces for RetaliationIsrael-Iran Live News: Israel Launches Strikes on Iran, Braces for Retaliation
Israel launched airstrikes on Iran, in a major escalation in the standoff over Tehran’s atomic program that risks sparking a new war in the Middle East. Read more here: https://bloom.bg/4kXwYOm
📷: BEHROUZ MEHRI/AFP
🎙 Japan is experiencing an intense talent war as recruiters for Wall Street banks court new hires with increased salaries, fancy dinners and other perks.
Find out more on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take AsiaWe’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
Trump's tariffs threaten the world's biggest carmakers with Toyota, Honda, Subaru and others bracing for a profit hit of more than $19 billion. Read more here: https://bloom.bg/4e33soc
Bloomberg.com
Trump’s Auto Tariffs Strike at the Heart of Japan’s EconomyToyota, Honda, Subaru and other Japanese carmakers brace for a profit hit of more than $19 billion as economists flag the risk of a recession and a setback for key wage cycle
The US ordered some staff to depart the embassy in Baghdad and allowed military service members’ families to leave the Middle East, officials said. Read here: https://bloom.bg/3FLviss
Bloomberg.com
US Orders Partial Evacuation of Iraq Embassy as Tensions RiseThe US ordered some staff to depart the embassy in Baghdad and authorized military service members’ families to leave the Middle East, officials said, after Iran threatened to attack US bases if talks over its nuclear program fall through.
For months, Trump pushed tariffs and trade restrictions on China to unprecedented levels to force Xi into talks. Now, Beijing has shown it can fire back, using its control over rare earth exports. Read here: https://bloom.bg/3FR8ese
📷: SeongJoon Cho/Bloomberg
Singapore-based Jetstar Asia will close next month, freeing up as much as $327 million to fund owner Qantas’s fleet renewal program. Read more here: https://bloom.bg/3HAMm52
📷: Brent Lewin/Bloomberg
Chinese banks have scaled back travel perks since last year, barring staff from flying business class and booking pricey hotels.
That’s giving domestic chains a boost: https://bloom.bg/3FYgGpw
Bloomberg.com
China’s Bankers Ditch Global Hotel Chains as Travel Budgets BiteThese days, Shanghai-based banker Jason Zhang can no longer stay at the Westin hotel in downtown Beijing’s financial district after his company cut its travel budget. Instead, he had to settle for a cheaper domestic hotel chain.
BREAKING: Donald Trump's global tariffs can continue for now, a US federal appeals court says. Read more here: https://bloom.bg/4mNocEm
Bloomberg.com
Trump Tariffs Can Stay in Place Longer, US Appeals Court SaysDonald Trump can continue to enforce his global tariffs for now, a federal appeals court held in a win for the president on one of his signature economic policies.
The US and China deescalated trade tensions, agreeing to a preliminary deal on how to implement the consensus the two sides reached in Geneva, negotiators for both sides said. Read more here: https://bloom.bg/4kU29do
📷: Chris J. Ratcliffe/Bloomberg
Mark Zuckerberg, frustrated with Meta’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and engineers who’ve met with him in recent weeks at his homes in Lake Tahoe and Palo Alto. Read more here: https://bloom.bg/4451obT
📷: David Paul Morris/Bloomberg
Shares of Chinese defense companies rallied, after Pakistan said it intends to buy one of the Asian power’s most-advanced fighter jets as a part of major arms purchase. See the list of everything Pakistan said it would acquire from China: https://bloom.bg/4ky1aA1
📷: Qilai Shen/Bloomberg
Israel intercepted a humanitarian aid ship trying to reach Gaza that was carrying activists including Swedish climate advocate Greta Thunberg, the group operating the vessel says. Read more here: https://bloom.bg/4ku5vE7
📷: Fabrizio Villa/Getty Images Europe
Scale AI, the startup that Meta is in talks to invest billions of dollars in, has rapidly gained influence in both tech and policy circles. Here's what the company does and where it came from: https://bloom.bg/3ZiFsHB
📷: David Paul Morris/Bloomberg
China's EV industry is experiencing a price war, with share prices tumbling and the government intervening to prevent price cuts. Read more here: https://bloom.bg/3SD4xcy
Bloomberg.com
BYD Unleashes an EV Industry Reckoning That Alarms BeijingThe price war engulfing China’s electric vehicle industry has already sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be getting started.
Demonstrations over US immigration raids escalated for a third day in the Los Angeles area, as thousands of protesters clashed with security forces and tear gas filled the air outside a downtown federal detention center. Read more here: https://bloom.bg/447dEsn
Bloomberg.com
Trump Deploys National Guard to LA Over Newsom’s ObjectionsDemonstrations over US immigration raids escalated for a third day in the Los Angeles area, as thousands of protesters clashed with security forces and tear gas filled the air outside a downtown federal detention center.
From the tuition boom and student burnout to a minister's dismay over a S$52,000 clinic bid, soaring costs are a hot topic in Singapore.
This week's free Singapore Edition newsletter dives into the price of education & healthcare in the city-state: https://bloom.bg/43Qn6Pu
Bloomberg.com
Singapore Kids Grapple With the Tyranny of TutoringEach week we’ll bring you insights into one of Asia’s most dynamic economies. If you haven’t yet, please sign up here.
BREAKING: Judge blocks Donald Trump from banning Harvard University's international students from entering the US for now. https://bloom.bg/4dPWouQ
Bloomberg.com
Trump Ban on Harvard Foreign Students’ US Entry Blocked for NowHarvard University won a temporary reprieve from President Donald Trump’s ban on its international students entering the US, a legal setback for the administration in its high-profile fight with the school.
