Singapore’s government said it rejects attempts by foreign embassies in the city-state to “incite domestic reactions on international issues involving third countries.” Read more here: https://bloom.bg/3ZscAMU
Bloomberg.com
Singapore Warns Foreign Embassies Against Stirring Up Reactions
Singapore signaled displeasure at embassies attempting to evoke a public response, after the US and Chinese missions to the city-state posted dueling social media videos lashing out at one another on issues from the Panama Canal to the South China Sea.
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A discount chain with signature red storefronts has drawn legions of Malaysians looking for good deals — and made its founder a billionaire. Read more here: https://bloom.bg/45s0CXo
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BREAKING: Two members of the Israeli Embassy’s staff were fatally shot outside the Capital Jewish Museum in Washington on Wednesday night, Homeland Security Secretary Kristi Noem said. Read more here: https://bloom.bg/4k9g8MC
Bloomberg.com
Two Israeli Embassy Staffers Killed in Washington Shooting
Two members of the Israeli Embassy’s staff were killed outside the Capital Jewish Museum in Washington on Wednesday night by a gunman who chanted “Free, Free Palestine,” officials said, condemning the attack as an antisemitic hate crime.
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EXCLUSIVE: Xi Jinping is considering a new version of his Made in China plan to keep a firm grip on manufacturing, even as Trump pushes to revive US factories. Read more here: https://bloom.bg/43Kf8IO
Bloomberg.com
Xi Mulls New Made-in-China Plan Despite US Call to Rebalance
President Xi Jinping’s government is considering a new version of its master plan to boost production of high-end technological goods, according to people familiar with the matter, signaling its intention to keep a firm grip on manufacturing as President…
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EXCLUSIVE: Ray Dalio won’t be an adviser to Indonesia’s new sovereign wealth fund Danantara, people familiar with the matter said, just two months after officials announced the billionaire’s involvement. Read more here: https://bloom.bg/43DErLv
Bloomberg.com
Dalio Won’t Join Indonesia Fund as Adviser in Blow to Prabowo
Ray Dalio won’t be an adviser to Indonesia’s new sovereign wealth fund Danantara, people familiar with the matter said, just two months after officials announced the billionaire’s involvement.
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LATEST: SpaceX’s colossal Starship rocket suffered a leak, tumbled out of control in space and exploded during a test flight, in a third straight major setback for the Elon Musk-led company. Read more here: https://bloom.bg/3T07B2k
Bloomberg.com
SpaceX Starship Destroyed in Third Straight Fiery Test Setback
SpaceX’s colossal Starship rocket suffered a leak, tumbled out of control in space and disintegrated as it hurtled back to Earth during a test flight on Tuesday, the third setback in a row for the Elon Musk-led company.
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🎙 As Donald Trump tries to remake global trade, the dollar’s historic dominance in Asia is unwinding.
Find out what’s driving Asia’s de-dollarization and what it means for the region’s biggest economies on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Find out what’s driving Asia’s de-dollarization and what it means for the region’s biggest economies on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
We’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.
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“The Sergey Brins of the world came as students and did wonders for the US economy.”
Former Reserve Bank of India Governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities. Read here: https://bloom.bg/4kfKnBF
Former Reserve Bank of India Governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities. Read here: https://bloom.bg/4kfKnBF
Bloomberg.com
Raghuram Rajan Warns US Risks Future by Curbing Foreign Students
Former Reserve Bank of India Governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities.
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LATEST: The Trump administration is appealing a trade court ruling that blocked its global tariffs, deeming they are illegal. Read more here: https://bloom.bg/3HhCPzK
Bloomberg.com
Trump’s Global Tariffs Deemed Illegal, Blocked by Trade Court
The vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda.
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Elon Musk says his time as a formal adviser to Trump is coming to an end, raising questions about the future of the DOGE effort he led. Read here: https://bloom.bg/4mCQfpV
Bloomberg.com
Musk Departs US Government With His Business Empire in Flux
Billionaire Elon Musk said Wednesday that his time as formal adviser to President Donald Trump is coming to a close, raising questions about the future of the Department of Government Efficiency effort he spearheaded.
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Hong Kong bankers have become fixated on an $11 billion loan deal with unusually high stakes for the financial hub. Read more here: https://bloom.bg/43BXUw2
Bloomberg.com
Hong Kong Bankers on Edge Over $11 Billion New World Refinancing
Hong Kong bankers have become fixated on an $11 billion loan deal with unusually high stakes for the financial hub.
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Karol Nawrocki, a nationalist candidate backed by Donald Trump, is on course to win Poland’s presidential election, defeating the centrist mayor of Warsaw in a blow to the country’s pro-European Union government. Read more here: https://bloom.bg/43Fv25Z
Bloomberg.com
Nationalist Wins Poland’s Presidency in Setback for EU Ties
A nationalist candidate backed by Donald Trump won Poland’s presidential election, defeating the centrist mayor of Warsaw and complicating efforts to shift the nation back into the European Union mainstream.
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Donald Trump is eager to land more trade deals, but talks with China and Europe continue to languish amid communications breakdowns and fresh tariff threats. Read more here: https://bloom.bg/4kqFO7z
📷: Francis Chung/Politico/Bloomberg
📷: Francis Chung/Politico/Bloomberg
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Breaking: South Korea’s Kim Moon-soo has conceded defeat to Lee Jae-myung in the presidential election. Follow our coverage: https://bloom.bg/4klO9ct
📷: SeongJoon Cho/Bloomberg
📷: SeongJoon Cho/Bloomberg
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🚨 LIVE NOW: Chinese startups are developing AI-powered robots that can be put to work in factories, nursing homes and even military combat.
Join our reporters for a Live Q&A on how and what’s next: https://bloom.bg/4n30zrN
Join our reporters for a Live Q&A on how and what’s next: https://bloom.bg/4n30zrN
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One of Australia’s largest pension funds is ramping up its cash holdings to near Covid 19-era levels as President Donald Trump’s trade war roils global markets. Read more here: https://bloom.bg/4dPXAP2
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🎙 The Nintendo Switch is one of the highest selling consoles of all time.
Now the company is under pressure to do even better with the Switch 2. Find out whether the new device can live up to the hype on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Now the company is under pressure to do even better with the Switch 2. Find out whether the new device can live up to the hype on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
We’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.
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“He has proved to be a political survivor, after legal scandals, questionable opposition tactics, and even threats to his life.”
Lee Jae-myung, the tenacious left-leaning maverick who became South Korea’s new president, has spent a lifetime picking himself off the canvas to fight again. Read more here: https://bloom.bg/3HkFOYd
Lee Jae-myung, the tenacious left-leaning maverick who became South Korea’s new president, has spent a lifetime picking himself off the canvas to fight again. Read more here: https://bloom.bg/3HkFOYd
Bloomberg.com
Outspoken South Korea Leftist Survived Stabbing on Path to Power
Lee Jae-myung, the tenacious left-leaning maverick who became South Korea’s new president on Wednesday, has spent a lifetime picking himself off the canvas to fight again.
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President Donald Trump signed a proclamation that bans individuals from 12 countries from entering the US, reinstating one of the most controversial and defining measures from his first term. Read more here: https://bloom.bg/45Gh8TT
📷: Francis Chung/Politico/Bloomberg
📷: Francis Chung/Politico/Bloomberg
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President Donald Trump directed aides to investigate whether former President Joe Biden’s staff conspired to hide information about his health from the public and enacted any executive actions without his predecessor’s knowledge. Read more here: https://bloom.bg/4kNVgdx
Bloomberg.com
Trump Orders Inquiry Into Biden’s Health, Use of Autopen
President Donald Trump directed aides to investigate whether former President Joe Biden’s staff conspired to hide information about his health from the public and enacted any executive actions without his predecessor’s knowledge.
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