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
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
Читать полностью…
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
🎙️ 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
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
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
🎙️ 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
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
Singapore will start classifying some substances used in vape pods as controlled drugs from next month, paving the way for stiffer penalties. Read more here: https://bloom.bg/41Usili
📷: Hollie Adams/Bloomberg
Correction: Trump threatens additional tariffs and export restrictions on advanced US tech in retaliation against countries with digital taxes. Read more here: https://bloom.bg/4lJ1Dis
Читать полностью…
Soaring temperatures and humidity are creating a deadly heat crisis across India, where sweat can’t evaporate and bodies can't cool. Bloomberg visited a hospital struggling to cope with the impact of heat stress. Read the full investigation: https://bloom.bg/3HProja
📷: Kanishka Sonthalia/Bloomberg
KPop Demon Hunters, an animated musical released by Netflix, topped the US and Canadian box office during a two-day theatrical debut, a rare win at the theaters for the streaming giant. Read more here: https://bloom.bg/4mY3kcM
Читать полностью…
Meta is hiring another key Apple artificial intelligence executive, even as the social networking company prepares to slow its recruitment. More here: https://bloom.bg/4mTvEx2
📷: Gabby Jones/Bloomberg
Indian Prime Minister Narendra Modi welcomed improved ties with China as US Treasury Secretary Scott Bessent escalated criticism on the South Asian nation over its purchases of Russian oil. read more here: https://bloom.bg/4lEMPl5
Читать полностью…
President Trump's threat of 50% tariffs on Indian exports to the US mark an escalation in a breakdown of the relationship between the two countries that started in the wake of May's India-Pakistan conflict. Read more here: https://bloom.bg/45bXZZC
📷: Jim Watson/AFP via Getty Images
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
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
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
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
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
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
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
Читать полностью…
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
🎙️ Shipyards across South Korea are busier than they’ve been in years, thanks, in part, to a $150 billion commitment by Seoul to revive America’s shipbuilding industry.
Could the alliance help counter China’s maritime dominance? Listen to the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
BREAKING: Donald Trump says Fed Governor Lisa Cook will be removed from her position effective immediately https://bloom.bg/3HU2S0l
📷: Al Drago/Bloomberg
The honeymoon is officially over for burrito baron Steven Marks: Just a year after Guzman y Gomez’s blockbuster market debut made him a multimillionaire, the founder’s fortune is getting hammered. Read more here: https://bloom.bg/45QtlUI
📷: Brent Lewin/Bloomberg
Elon Musk tried to enlist Mark Zuckerberg for his unsolicited bid to buy OpenAI this year, the startup said in a court filing. Read more here: https://bloom.bg/4oSKvK6
📷: David Paul Morris/Bloomberg
Singapore ride-hailing users got a rude shock on Wednesday after prices on the most popular app jumped about a hundred times from the usual rates, with short trips within the city costing $1,000 or more. Read more here: https://bloom.bg/4lzgWdi
Читать полностью…
🎙 On today’s Big Take Asia podcast, how a rebel army in Myanmar became a major player in the global supply for rare earths — and what its growing influence means for neighboring China: https://link.podtrac.com/jxfy2rhy
Читать полностью…
LIVE NOW: Trump is breaking with more than a decade of US policy. Is Washington shifting from strategic partner to trade adversary?
Join Bloomberg reporters for a Live Q&A on what this means: https://bloom.bg/41sPJlr
