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🎙️ Amid Iran’s brutal crackdown on protesters, President Trump threatened to slap a 25% tariff on its trading partners.
Find out why the move puts China and India firmly in his trade war crosshairs, yet again, on the Big Take Asia podcast with K. Oanh Ha and Daniel Ten Kate: https://link.podtrac.com/jxfy2rhy
As Indian investors nurse losses in high-momentum favorites, the focus is shifting back to good old earnings. The so-called quality factor — stocks with strong profitability and balance sheets — is set to regain favor after two years of underperformance, according to Bernstein’s quant team.
Our new Markets Daily India newsletter explores what traders are looking at: https://bloom.bg/4pzl7bm
US Commerce Secretary Howard Lutnick says a trade deal with India did not materialize last year because Prime Minister Narendra Modi did not call President Donald Trump. https://bloom.bg/49ncFHr
📷: Prakash Singh/Bloomberg
Chinese AI startup MiniMax spent its first three years largely on the sidelines of AI development. While rivals chased local ChatGPT clones, it was tackling a harder problem: building a single model capable of processing text, speech and video. Now, the $619 million IPO crystallizes a surge in wealth for its founder Yan Junjie. https://bloom.bg/3Z4mKmo
📷️: Lam Yik/Bloomberg
🎙️ President Trump's tariff war with China sent US firms scrambling to find new manufacturing hubs. India looked ideal, until the White House changed course.
On today’s Big Take Asia podcast, how shifting trade policies are undermining India's push to become the world’s next factory: https://link.podtrac.com/jxfy2rhy
Illegal Bitcoin mining in Malaysia has become so prolific that authorities are deploying drones with thermal imaging to search for unusual power use. More here: https://bloom.bg/3Xz5HYZ
📷: Deputy Minister of PETRA’s Office
🚨LIVE NOW: Bloomberg reporters answer your questions in a Live Q&A about RBI's intervention to stabilize the Indian rupee after its biggest drop since 2022. https://bloom.bg/43VLQH7
Hong Kong’s leader is holding a briefing as the city's deadliest fire in decades kills at least 55. Follow our live blog for the latest news and analysis: https://bloom.bg/43UuytR
An AI-enabled teddy bear sold by a Singapore-based company is back on the shelves after researchers discovered it chats unprompted about sexual fetishes and other unsuitable topics. https://bloom.bg/3M4UYmv
📷: FoloToy
US authorities have been probing Indian companies trading chemicals used to make fentanyl but with little success. https://bloom.bg/4pw0iOd
📷: Johannes Eisele/AFP/Getty Images
Chen Tao and his wife Liu Chunlan, have become one of China’s richest AI billionaires, as their fortune soar on the world’s insatiable demand for the technology and a critical partnership with Nvidia.
Read more on their combined $9.1 billion net worth, vaulting them above the likes of Bill Ackman and Jon Gray on the Bloomberg Billionaires Index. https://bloom.bg/3KfTeX9
🎙️ On today’s Big Take Asia podcast, Bloomberg’s James Mayger and Isabel Reynolds explore why comments on Taiwan from Japan’s new prime minister have inflamed tensions with China — and where the diplomatic standoff could go from here: https://link.podtrac.com/jxfy2rhy
🎙️ Indian-based workers once supported American financial services firms. Now, they’re increasingly key to their operations.
On today’s Big Take Asia podcast: How India’s government is encouraging Wall Street firms to expand their footprint in India and how President Trump’s new visa policies could speed up the push: https://link.podtrac.com/4rorpntg
Chen Zhi’s family office website describes the 37-year-old as a "young business prodigy." But US and UK authorities say he’s behind scam centers run by forced labor. Read more here: https://bloom.bg/3JtzsXO
📷: Prince Holding Group
Ex-Malaysian Prime Minister Najib Razak, who’s in jail for corruption over the 1MDB scandal, may return to politics if he’s pardoned, his lawyer says. More here: https://bloom.bg/4qg9tn6
📷: Samsul Said/Bloomberg
A potentially “catastrophic” breach of US-based cybersecurity provider F5 has been blamed on state-backed hackers from China. Read more here: https://bloom.bg/4o33tg3
📷: Chris Ratcliffe
Singapore now has one of the world's best pension systems according to a new global ranking, while India takes bottom spot. Read more here: https://bloom.bg/4hbQ9Dj
📷: Lauryn Ishak/Bloomberg
China’s Victory Day parade in September showed off a new, uncrewed submarine the size of a semi-truck — meant to keep tabs on US vessels and seafloor cables — and shined a spotlight on Beijing’s investment in the undersea domain.
The US submarine industry, by contrast, is struggling to get out of drydock after years of delays, rising costs and a weakened industrial base https://bloom.bg/3LbJVHF
📷: Ashley Cowan/HII
EXCLUSIVE: Apple plans to make new home hub devices and tabletop robots in Vietnam as it pivots away from China https://bloom.bg/4qbNzS2
📷: Samyukta Lakshmi/Bloomberg
🎙️ South Korean companies are offering workers up to $72,000 to have babies in an effort to boost the nation’s declining population.
Are cash incentives enough to solve the problem? We explore on on today’s Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
🚨 LIVE NOW: A wave of listings in India, from Tata Capital to LG, has made the country the world's fourth-largest IPO market this year. What’s next?
Bloomberg's Menaka Doshi, Lianting Tu, Rajesh Mascarenhas, Chiranjivi Chakraborty answer your questions in a Live Q&A. http://bloom.bg/4q916tB
"Digital arrests” are swindling Indians out of millions and leaving trauma in their wake. But they can be stopped, writes Bloomberg Opinion columnist Andy Mukherjee. More here: https://bloom.bg/4mXJXQH
📷: Elke Scholiers/Bloomberg
Spot gold prices climbed above $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally. Read more here: https://bloom.bg/4mSssRG
📷: Kiyoshi Ota/Bloomberg
Indian markets are reeling from Trump’s surging tariffs and H-1B visa chaos. Four financial experts weigh in on how to invest right now: http://bloom.bg/470Bh7n
📷: Dhiraj Singh/Bloomberg
Late-night host Jimmy Kimmel took a conciliatory tone in his return to TV, saying “it was never my intention to make light of the death of a young man.” Read more here: https://bloom.bg/46PB1YO
📷: Randy Holmes/Getty Images
🎙️ President Trump and Chinese President Xi Jinping have reached a tentative deal to secure TikTok’s future in the US.
On today’s Big Take Asia Podcast, what could change for US-based users on the platform, and who had the upper hand at the negotiating table: https://link.podtrac.com/jxfy2rhy
New Zealand appoints Sweden’s Anna Breman as the RBNZ’s first female governor in the central bank's 90-year history. Read more here: https://bloom.bg/3W5oKcA
Hong Kong’s bankers and traders hunkered down at home or booked hotels near the office as Super Typhoon Ragasa descended on the Asian financial hub. Read more here: https://bloom.bg/4pCflH9
🚨 Happening Now: Trump has just changed the rules of global hiring by introducing a $100,000 fee to apply for an H-1B visa. The move is already sparking panic across the tech industry and US-based skilled immigrants.
Join Bloomberg’s Nasreen Seria, Eric Martin, Sankalp Phartiyal and Ruchi Bhatia for a Live Q&A on what it means for Indian tech, students and US hiring: https://bloom.bg/3VNWifr
Chinese startups are accelerating brain implant trials, mounting a direct challenge to Elon Musk’s Neuralink. Read more here: https://bloom.bg/3K8yi3W
📷: Qilai Shen/Bloomberg
Chinese electric vehicle brands led by BYD are winning over European customers with sleek, high-tech models at competitive prices.
Now, a startup is looking to muscle in on a more modest market: micro cars. Read more here: https://bloom.bg/3K8JUnB
📷: Krisztian Bocsi/Bloomberg
Disney’s ABC network is taking Jimmy Kimmel Live off the air indefinitely amid a backlash to remarks the late-night host made about the killing of Republican activist Charlie Kirk. Read more here: https://bloom.bg/4n9YZE7
📷: Randy Holmes/Disney/Getty Images
A vacant office tower in the heart of Singapore shows how tough it’s become to lure even wealthy buyers. Read more here: https://bloom.bg/4ncog0n
📷: Low De Wei/Bloomberg
🎙️ From Nepal to Bangladesh, Gen Z is challenging the ruling elite in South Asia.
On today's Big Take Asia podcast, K. Oanh Ha and Karishma Vaswani break down what's driving youth-led protest movements and what they mean for lasting change: https://link.podtrac.com/jxfy2rhy
President Donald Trump said he has filed a $15 billion defamation and libel lawsuit against The New York Times, accusing the paper of serving as a “mouthpiece” for the Democrats. Read more here: https://bloom.bg/4mgB1Wk
📷: Samuel Corum/ Sipa/Bloomberg
Years after an infamous speech forced Alibaba founder Jack Ma from the public eye, China’s most recognizable entrepreneur is back. Read more here: https://bloom.bg/4gt9H67
📷: VCG/Visual China Group/Getty images
Russian prosecutors are targeting Denis Shtengelov's KDV Group, one of the country’s largest snack producers, for expropriation. Read more here: https://bloom.bg/3VVeELb
US Deputy Secretary of State Christopher Landau expressed regret over the recent detention of hundreds of South Korean workers in Georgia. Read more here: https://bloom.bg/47D1GJk
📷: Kent Nishimura/Bloomberg
A rare mega wealth transfer between generations has minted six new billionaires after the death of Singapore’s second-richest man. Read more here: https://bloom.bg/41RTcdH
📷: Courtesy of the Goh family
When Apple launched the iPhone X in 2017, it established a new category: the $1,000 smartphone. In the eight years since, that price point has barely budged.
That restraint won’t last forever. The company has already started signaling what comes next: the era of the $2,000 iPhone. Read more here: https://bloom.bg/3IdXMw0
📷: David Paul Morris/Bloomberg
🎙️ The leaders of China, Russia and India put on a surprising show of unity in a striking moment that went viral earlier this month.
On today’s Big Take Asia podcast, we’ll explore what’s driving their alignment and what the shift means for Trump: https://link.podtrac.com/jxfy2rhy
Thailand’s cannabis industry is eyeing a new lease of life under new Prime Minister Anutin Charnvirakul — a politician who pioneered its decriminalization and early success. Read more here: https://bloom.bg/4mMBGQp
📷: Dario Pignatelli/Bloomberg
Xi, Putin and Modi’s rare show of unity signals deep economic shifts and the emergence of a new order pushing against Trump. Read more here: https://bloom.bg/45OMx6l
📷: PIB/Anadolu/Getty Images
LIVE NOW: What do China's military parade and geopolitical summit tell us about Xi's ambitions?
Bloomberg journalists are answering your questions about what it means for the world in a live Q&A: https://bloom.bg/3VD9qUd
China's once-a-decade military parade showed off a slew of missiles, a directed-energy weapon for taking out drones and — for good measure — robot dogs. See what stood out: https://bloom.bg/3JHyC9E
📷: Qilai Shen/Bloomberg
North Korean leader Kim Jong Un’s teenage daughter made her international debut in China this week, with her unprecedented appearance abroad intensifying speculation she is being groomed as his eventual successor. More here: https://bloom.bg/45OufSU
📷: Korean Central News Agency/Korea News Service/AP Photo
🎙️ As Beijing flexes its might at its first military parade in years, behind the scenes, President Xi Jinping is orchestrating an unprecedented purge of generals.
Find out what the shakeup could mean for China and the world on the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
Prime Minister Narendra Modi used his first trip to China in seven years to reset relations with India’s powerful neighbor while also seeking to strengthen ties with Russia as President Donald Trump ratchets up tensions with New Delhi. Read more here: https://bloom.bg/4g4ZGfd
When Xi Jinping gathers his closest international allies for one of the landmark summits of his more than a decade-long rule, many will be seeking reassurance after emerging scarred from conflicts.
They may not get it. Instead, China’s president is likely to dwell more on what’s ahead for the Shanghai Cooperation Organisation, at a time when Trump tries to hem in Beijing’s ambitions and upends US alliances with the likes of India. Read more here: https://bloom.bg/47iYhiL
📷: Maxim Shipenkov/Pool/AFP/Getty Images
Crypto investor Balaji Srinivasan wants to design a new kind of nation state. A troubled development in Malaysia has become a testbed for his ideas. Read more here: https://bloom.bg/4g0HNxR
📷: Chan Long Hei/Bloomberg
