๐ฃ๐ It's official: Apple will hold its big product launch event on Sept. 7, where itโs expected to unveil the iPhone 14. Mark Gurman analyzes what the companyโs โfar outโ event invitation means: https://bloom.bg/3AoUsGy
๐ก There are signs that โinflation feverโ is finally breaking. But central banks are still hiking interest rates and the speed of relief will vary by country. https://bloom.bg/3cuIaEG
โถ๏ธ And hereโs whatโs next for Asian markets following the Fedโs hawkish tilt at the Jackson Hole symposium: https://bloom.bg/3TkSEXM
๐ก There are signs that โinflation feverโ is finally breaking. But central banks are still hiking interest rates and the speed of relief will vary by country. https://bloom.bg/3cuIaEG
โถ๏ธ And hereโs whatโs next for Asian markets following the Fedโs hawkish tilt at the Jackson Hole symposium: https://bloom.bg/3TkSEXM
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๐ China arrested hundreds of people allegedly involved in the nationโs largest-ever bank fraud and repaid more victims of the $5.8 billion scandal. https://bloom.bg/3CGWZyI
๐ฐ๐ With a $137.4 billion fortune, India's Gautam Adani is now the world's third richest person, trailing only Elon Musk and Jeff Bezos. https://bloom.bg/3CGVtfK
๐พ Serena Williams, who just won the first round match at her final US Open, is getting ready for the next stage of her career as a venture capitalist. https://bloom.bg/3e3GbHN
๐ฐ๐ With a $137.4 billion fortune, India's Gautam Adani is now the world's third richest person, trailing only Elon Musk and Jeff Bezos. https://bloom.bg/3CGVtfK
๐พ Serena Williams, who just won the first round match at her final US Open, is getting ready for the next stage of her career as a venture capitalist. https://bloom.bg/3e3GbHN
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๐จ๐ณ Why Xi Jinping won't rule for life, even if he's likely to win a third term at China's biggest political meeting of the year. https://trib.al/X4iYgX6
๐ซโฏ๏ธ YouTube had to fight terrorists on its platform. But there was a blind spot: White nationalism. https://trib.al/Mc43ADh
๐๏ธ๐๏ธ Tokyo wants to build a high-tech "mini-city" in its bay. https://trib.al/KjjPmox
๐ซโฏ๏ธ YouTube had to fight terrorists on its platform. But there was a blind spot: White nationalism. https://trib.al/Mc43ADh
๐๏ธ๐๏ธ Tokyo wants to build a high-tech "mini-city" in its bay. https://trib.al/KjjPmox
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๐ The biggest storm of 2022, Super Typhoon Hinnamnor, is moving into the East China Sea after disrupting flights in Okinawa. China is preparing to halt schools, factories and transportation as needed. https://trib.al/uWyCNeQ
๐จ๐ณโ The UN accused China of committing โserious human rights abusesโ against ethnic Muslims in Xinjiang in a report Beijing had tried to block. https://trib.al/eF0a8Bf
โฝ G-7 finance ministers will discuss this week on allowing purchases of Russian oil at a capped price, which could ease global energy prices. https://trib.al/pCeR9DF
๐จ๐ณโ The UN accused China of committing โserious human rights abusesโ against ethnic Muslims in Xinjiang in a report Beijing had tried to block. https://trib.al/eF0a8Bf
โฝ G-7 finance ministers will discuss this week on allowing purchases of Russian oil at a capped price, which could ease global energy prices. https://trib.al/pCeR9DF
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Hello, here's what you need to know right now:
๐ Global bonds entered a bear market for the first time in a generation, plunging 20% from their peak last year. https://bloom.bg/3RrJCXh
๐ China's lockdown of Chengdu has many fearing a repeat of Shanghai's two-month ordeal earlier this year. The city's 21 million residents had just six hours to prepare after the government announcement. https://bloom.bg/3efZcH4
๐ท๐บ Russia is holding major military exercises involving China and India as Putin pushes back against attempts by the US to isolate him over the invasion of Ukraine. https://bloom.bg/3Rdv8ue
๐ Global bonds entered a bear market for the first time in a generation, plunging 20% from their peak last year. https://bloom.bg/3RrJCXh
๐ China's lockdown of Chengdu has many fearing a repeat of Shanghai's two-month ordeal earlier this year. The city's 21 million residents had just six hours to prepare after the government announcement. https://bloom.bg/3efZcH4
๐ท๐บ Russia is holding major military exercises involving China and India as Putin pushes back against attempts by the US to isolate him over the invasion of Ukraine. https://bloom.bg/3Rdv8ue
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Hereโs what weโre following right now:
๐ธ The arrest of a prominent UK hedge fund founder for alleged foreign-exchange market manipulation threatens to ripple across the industry. https://bloom.bg/3egFpau
๐คณ The owner of content-sharing platform OnlyFans made nearly $1 million a day in 2022 as profits soared during the pandemic. https://bloom.bg/3RuXyzD
๐ Britainโs factories are facing a bleak winter as production declines amid slowing demand and soaring energy costs. https://bloom.bg/3wQ3tYn
๐ธ The arrest of a prominent UK hedge fund founder for alleged foreign-exchange market manipulation threatens to ripple across the industry. https://bloom.bg/3egFpau
๐คณ The owner of content-sharing platform OnlyFans made nearly $1 million a day in 2022 as profits soared during the pandemic. https://bloom.bg/3RuXyzD
๐ Britainโs factories are facing a bleak winter as production declines amid slowing demand and soaring energy costs. https://bloom.bg/3wQ3tYn
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๐โก EU energy ministers are set to discuss special emergency interventions options Friday, according to a document seen by Bloomberg, in the latest move to rein in soaring energy prices in Europe. https://trib.al/Xszrj3O
๐บ๐ธ๐ฑ๐จ๐ณ The Biden administration is considering moves to restrict US investment in Chinese tech companies, sources say. https://trib.al/ogpLN27
๐ Bed Bath & Beyondโs CFO Gustavo Arnal, 52, was identified as the man who fell to his death from a skyscraper in Manhattan on Friday. https://trib.al/vT1jyM3
๐บ๐ธ๐ฑ๐จ๐ณ The Biden administration is considering moves to restrict US investment in Chinese tech companies, sources say. https://trib.al/ogpLN27
๐ Bed Bath & Beyondโs CFO Gustavo Arnal, 52, was identified as the man who fell to his death from a skyscraper in Manhattan on Friday. https://trib.al/vT1jyM3
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๐ Super Typhoon Hinnamnor left a trail of flooding, power outages and disruptions after passing through South Korea. At least one person was reported missing. https://trib.al/WhrleC9
๐ธ๐ฌ Singapore is seeking to attract "rainmakers" with its new visa for high-earning expats, and won't limit the number of applicants, the minister of manpower said. https://trib.al/mHO2y0c
๐ฐ The surging fortune of Gautam Adani, the world's third-richest person, is attracting fresh scrutiny to his companies' valuations, leverage and ties to the Indian government. https://trib.al/WL6QeX2
๐ธ๐ฌ Singapore is seeking to attract "rainmakers" with its new visa for high-earning expats, and won't limit the number of applicants, the minister of manpower said. https://trib.al/mHO2y0c
๐ฐ The surging fortune of Gautam Adani, the world's third-richest person, is attracting fresh scrutiny to his companies' valuations, leverage and ties to the Indian government. https://trib.al/WL6QeX2
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๐ Hedge funds are returning to Hong Kong's Sohn investment conference with their bullish 2021 bets mostly ruined. https://trib.al/HdVb5J5
๐พ A state funeral for former Japanese leader Shinzo Abe is dividing the public and threatening the current prime minister's agenda. There have been at least four protests against the ceremony, reported to cost $12 million. https://trib.al/x0Ip6bm
๐ญ Coal stocks in an ESG fund? In China, that's fair game as investors take cues from Xi Jinping's political priorities. https://trib.al/4aIupoa
๐พ A state funeral for former Japanese leader Shinzo Abe is dividing the public and threatening the current prime minister's agenda. There have been at least four protests against the ceremony, reported to cost $12 million. https://trib.al/x0Ip6bm
๐ญ Coal stocks in an ESG fund? In China, that's fair game as investors take cues from Xi Jinping's political priorities. https://trib.al/4aIupoa
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๐๐ฑ Here's everything you need to know about the iPhone 14 Pro and other new Apple gadgets. https://trib.al/I3LQ7pJ
๐จ The final suspect in Canada's mass stabbings was arrested and died of self-inflicted wounds. https://trib.al/YKoIb5k
๐ฎ๐ณ ๐ช India's military is running out of weapons due to Narendra Modi's push for locally made arms. https://trib.al/jMkXsu2
๐จ The final suspect in Canada's mass stabbings was arrested and died of self-inflicted wounds. https://trib.al/YKoIb5k
๐ฎ๐ณ ๐ช India's military is running out of weapons due to Narendra Modi's push for locally made arms. https://trib.al/jMkXsu2
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Queen Elizabeth II, Britain's longest-reigning monarch, died peacefully at 96. Though she had no say in government, she leaves a legacy of devoted public service and constancy that spanned 70 years, 15 prime ministers and multiple eras of political change. https://bloom.bg/3eCosY5
In this archive of photographs, we look back on two tumultuous centuries and one unflappable monarch: https://bloom.bg/3KYu4rX
Charles, her eldest child, will ascend the throne at a time when the UK is facing multiple crises. Here's how the early days of his rule could play out. https://bloom.bg/3cV87xz
In this archive of photographs, we look back on two tumultuous centuries and one unflappable monarch: https://bloom.bg/3KYu4rX
Charles, her eldest child, will ascend the throne at a time when the UK is facing multiple crises. Here's how the early days of his rule could play out. https://bloom.bg/3cV87xz
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๐ก๏ธ The worldโs hottest housing markets are facing a painful reset, with countries from Australia to Canada poised for double-digit price declines. https://bloom.bg/3QAxIJG
๐ช Ukraineโs forces continued their rapid advance in the Kharkiv region over the weekend, exploiting an extraordinary collapse of Russian defenses. https://bloom.bg/3eJhv7R
๐พ Carlos Alcaraz became the youngest to be ranked the world's No. 1 men's tennis player after the 19-year-old won the US Open for his first Grand Slam title. https://bloom.bg/3B00L3G
๐ช Ukraineโs forces continued their rapid advance in the Kharkiv region over the weekend, exploiting an extraordinary collapse of Russian defenses. https://bloom.bg/3eJhv7R
๐พ Carlos Alcaraz became the youngest to be ranked the world's No. 1 men's tennis player after the 19-year-old won the US Open for his first Grand Slam title. https://bloom.bg/3B00L3G
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Hereโs what weโre following right now:
๐ช Russia hit power plants deep behind Ukrainian lines as Kyivโs forces extended gains across the northeast part of the country. https://bloom.bg/3xkp1MP
๐ The UK economyโs 0.2% expansion in July was lower than expected, with industrial production and construction falling.
https://bloom.bg/3ByVMbO
๐ King Charles said heโd stay out of politics in a key address to Parliament. https://bloom.bg/3U6l9J1
๐ช Russia hit power plants deep behind Ukrainian lines as Kyivโs forces extended gains across the northeast part of the country. https://bloom.bg/3xkp1MP
๐ The UK economyโs 0.2% expansion in July was lower than expected, with industrial production and construction falling.
https://bloom.bg/3ByVMbO
๐ King Charles said heโd stay out of politics in a key address to Parliament. https://bloom.bg/3U6l9J1
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๐ฆ Netflix's โSquid Gameโ made history as the first foreign-language drama to win best director and best actor at the Emmys. https://bloom.bg/3Dssv3A
๐ค Xi Jinping is willing to work with Vladimir Putin to build a โmore justโ global order, China's top diplomat said. https://bloom.bg/3QyQnpb
๐ธ A hedge-fund manager has waited nearly a decade for China's yuan to collapse. He thinks the big payday is near. https://bloom.bg/3eK49Ix
๐ค Xi Jinping is willing to work with Vladimir Putin to build a โmore justโ global order, China's top diplomat said. https://bloom.bg/3QyQnpb
๐ธ A hedge-fund manager has waited nearly a decade for China's yuan to collapse. He thinks the big payday is near. https://bloom.bg/3eK49Ix
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๐ฅ A selloff sparked by hot US inflation data continued in Asia, with stocks, bonds and currencies tumbling. Some traders are now betting on a full-point Fed hike next week. https://bloom.bg/3Lbyk7s
๐ฆ In a stark reversal from mortgage boycotts, some Chinese homebuyers are rushing to pay off their loans. https://bloom.bg/3UaHR2I
๐ญ China's manufacturers are getting around US tariffs with the help of Mexico, which has a free-trade pact with its northern neighbors. https://bloom.bg/3qCedGk
๐ฆ In a stark reversal from mortgage boycotts, some Chinese homebuyers are rushing to pay off their loans. https://bloom.bg/3UaHR2I
๐ญ China's manufacturers are getting around US tariffs with the help of Mexico, which has a free-trade pact with its northern neighbors. https://bloom.bg/3qCedGk
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๐จ๐ณ๐ท๐บ Xi Jinping is set to meet Vladimir Putin in Uzbekistan on Thursday, as Russia struggles with its most significant military setbacks in Ukraine in months. https://bloom.bg/3eTc1rd
๐ Crypto markets are bracing for the "Merge," an upgrade to the Ethereum blockchain that would slash its energy use by 99% and shake up the digital-asset universe. https://bloom.bg/3Ucy2BC
๐พ Would you pay $2,000 a night to party in Singapore? Hotel rates are soaring ahead of Formula One and major investment conferences. https://bloom.bg/3eRsOLk
๐ Crypto markets are bracing for the "Merge," an upgrade to the Ethereum blockchain that would slash its energy use by 99% and shake up the digital-asset universe. https://bloom.bg/3Ucy2BC
๐พ Would you pay $2,000 a night to party in Singapore? Hotel rates are soaring ahead of Formula One and major investment conferences. https://bloom.bg/3eRsOLk
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๐ฆ The global economy may face a recession next year caused by aggressive policy tightening, the World Bank warned. https://bloom.bg/3LqhYYY
๐ช President Volodymyr Zelenskiy said โa mass burial siteโ has been found in Izyum, a city Ukrainian forces recaptured during a recent counteroffensive. https://bloom.bg/3RSqrXk
๐ก๏ธ The world's climate chaos can be traced to a slight drop in temperatures in the Pacific, and it's compounding into a $1 trillion problem. https://bloom.bg/3S7wmHv
๐ช President Volodymyr Zelenskiy said โa mass burial siteโ has been found in Izyum, a city Ukrainian forces recaptured during a recent counteroffensive. https://bloom.bg/3RSqrXk
๐ก๏ธ The world's climate chaos can be traced to a slight drop in temperatures in the Pacific, and it's compounding into a $1 trillion problem. https://bloom.bg/3S7wmHv
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๐น๏ธ The global race to hike interest rates is driving the world economy toward a recession. https://bloom.bg/3RUGow5
๐ธ Indian tycoon Gautam Adani has leapfrogged Jeff Bezos to become the worldโs second-richest person. Here's what's fueling his dizzying rise up the wealth rankings: https://bloom.bg/3DBbaWr
๐บBusiness-class airfares are sky-high, reaching as much as $20,000. That means many companies are asking employees to fly coach or not at all. https://bloom.bg/3DznWEM
๐ธ Indian tycoon Gautam Adani has leapfrogged Jeff Bezos to become the worldโs second-richest person. Here's what's fueling his dizzying rise up the wealth rankings: https://bloom.bg/3DBbaWr
๐บBusiness-class airfares are sky-high, reaching as much as $20,000. That means many companies are asking employees to fly coach or not at all. https://bloom.bg/3DznWEM
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โถ๏ธ What's next for Ethereum after the "Merge"? An expert breaks down the blockchain's monumental development to slash energy use in this week's Odd Lots podcast. https://bloom.bg/3ScL5kr
๐ The platform changes are far from over. Next come the Surge, Verge, Splurge and Purge. https://bloom.bg/3f10aXX
๐ฉA jump in Ether since mid-June is unwinding now that the revamp is done. Cryptocurrencies took a knock as investors brace for a wave of rate decisions from the US and Europe this week. https://bloom.bg/3BRTLYr
๐ The platform changes are far from over. Next come the Surge, Verge, Splurge and Purge. https://bloom.bg/3f10aXX
๐ฉA jump in Ether since mid-June is unwinding now that the revamp is done. Cryptocurrencies took a knock as investors brace for a wave of rate decisions from the US and Europe this week. https://bloom.bg/3BRTLYr
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๐ธ Even in a rough year for tech billionaires everywhere, Mark Zuckerberg's losses stand out. His fortune has plunged by over $70 billion in 2022 so far, the most of the world's 500 richest people. https://bloom.bg/3BSqext
๐ A tycoon billed it as "China's LVMH." Splashy acquisitions and $3 billion later, his dream is unraveling and the shockwaves are being felt from the Paris runways to Wall Street. https://bloom.bg/3Lz7rKX
๐ A little-known brokerage is behind some of the worldโs wildest IPOs, surging by an average of 2,200%. https://bloom.bg/3f5kB6o
๐ A tycoon billed it as "China's LVMH." Splashy acquisitions and $3 billion later, his dream is unraveling and the shockwaves are being felt from the Paris runways to Wall Street. https://bloom.bg/3Lz7rKX
๐ A little-known brokerage is behind some of the worldโs wildest IPOs, surging by an average of 2,200%. https://bloom.bg/3f5kB6o
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