South Korea's parliament is voting for a second time to impeach President Yoon over his short-lived attempt to impose martial law. Follow live updates: https://bloom.bg/41z9VD3
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Elon Musk’s charitable foundation ballooned to $9.5 billion in assets last year while handing out $237 million in gifts, most of which went to other entities controlled by the Tesla CEO. The figures are part of the Musk Foundation’s latest tax filing, obtained Thursday by Bloomberg News. Read more: https://bloom.bg/3DeoguJ
📷: Tolga Akmen/EPA/Bloomberg
The viral success of South Korea's super-spicy Buldak ramen has helped make the company's CEO — a former stay-at-home mom — a billionaire. More here: https://bloom.bg/4iAhzmL
📷: Samyang Roundsquare
🚨 LIVE NOW: South Korea's powerful conglomerates are facing a revolt of their own as the country reels from the political fallout over a brief martial law.
Join our reporters for a Live Q&A. Ask questions here:
https://bloom.bg/41wAZmC
EXCLUSIVE: The US is weighing harsher oil sanctions against Russia just weeks before Trump returns to office https://bloom.bg/3OOY4JG
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Japan’s megabanks are flush with cash and eager to invest.
Here's what they are doing with it: https://bloom.bg/49Cepek
Singapore's sovereign wealth fund, known for its caution, is taking more private markets risk.
GIC's CEO reveals he's looking to invest more in the US and private equity. https://bloom.bg/3Zv9FCj
What's next for Syria?
The fall of Bashar Al-Assad is putting the world on watch for more chaos in the Middle East. Read more: https://bloom.bg/4g4hgz4
📷: Omar Sanadiki/AP Photo
A passenger on a domestic flight in Mexico attempted to divert the plane to the US by force on Sunday, according to Volaris, one of the country’s main airlines. https://bloom.bg/49vfFQ7
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The leader of South Korea’s ruling People Power Party says that Prime Minister Han Duck-soo will manage the nation’s affairs as the country deals with the fallout from a political crisis sparked by President Yoon Suk Yeol’s bungled martial law. The party will prepare an orderly exit plan for Yoon, PPP leader Han Dong-hoon said in a prepared statement after meeting with the prime minister: https://bloom.bg/41mJiRK
📷: Jean Chung/Bloomberg
Disney's super-hyped new cruise ship sets sail from Singapore in a year's time. It's big news for the city, and for the tourism industry. Find out more in this week's free-to-read Singapore Edition newsletter: https://bloom.bg/4fePO0o
📷: Disney
Tax dispute: Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for cash. https://bloom.bg/4gjWtHo
Debt-crisis: Ghana's two main political parties have rotated power for the past three decades, and tomorrow's election looks like perpetuating that cycle with the opposition seemingly set to trounce President Nana Akufo-Addo's ruling party. https://bloom.bg/3D3h7xf
No deal: South African Rugby Union members rejected a bid from Ackerley Sports for a stake in the commercial rights to the world’s highest-ranked national rugby team, shortly after a rival proposal was made public. https://bloom.bg/3Vq43bB
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Former senator David Perdue has accepted the appointment as US Ambassador to China, says President-elect Donald Trump in a Truth Social post. https://bloom.bg/4eYIiGE
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🎙 South Korea’s President Yoon shocked the world when he first imposed, then lifted, martial law – the first since the nation achieved full democracy nearly 40 years ago.
Bloomberg’s K. Oanh Ha speaks to Sam Kim on the stunning turn of events on the Big Take Asia Podcast. https://link.podtrac.com/jxfy2rhy
Bitcoin hit the highly-anticipated $100,000 record, fueled by optimism that President-elect Trump's administration will herald a crypto boom. More here: https://bloom.bg/3ZBVrAR
📷: Getty Images
Singapore has embraced cryptocurrency more than any other country - but it's been a bumpy ride. Find out why in this week's free Singapore Edition newsletter: https://bloom.bg/41zZ8J4
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Once hailed as the planet’s greatest retailer, Greg Foran could now make a reasonable claim to be the hardest working man in aviation.
Here's why: https://bloom.bg/3BqIiS5
📷: Fiona Goodall/Bloomberg
A single cell. A global business worth billions. A trade that can bring rewards—or human costs that cannot be measured.
The human egg is a precious resource, exchanged in markets open, gray or black. To tell its story, we follow a teenage girl in India, lured into selling her eggs; a model in Argentina whose genetic makeup is prized; a mother in Greece, told by police that her eggs were stolen; and two “egg girls” from Taiwan who have put themselves at risk to earn money in the US.
Click here to learn how, to supply a fertility industry worth billions, women around the world get paid for their eggs—and sometimes pay dearly: https://bloom.bg/3BsZRkA
📷: Illustrations by Magali Cazo
🎙 South Korea’s family-run conglomerates – or chaebols – have until now been seen as largely untouchable.
On the latest Big Take Asia Podcast, listen to how a takeover bid for one of these chaebols is rattling the richest families in Korea, at a time of wider political turmoil: https://link.podtrac.com/jxfy2rhy
One of China’s best known makeup artists, Mao Geping, became a billionaire after his beauty company's hot debut in Hong Kong, defying the nation’s consumer slowdown. https://bloom.bg/3ZMRjhu
📷: Han Haidan/China News Service/Getty Images
BREAKING: UnitedHealthcare CEO murder suspect Luigi Mangione is charged with murder in New York https://bloom.bg/4g3g0wb
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Juan Soto has decided to sign a record-breaking $765 million contract with the New York Mets, ESPN reports. This surpasses the total valuation of Shohei Ohtani’s $700 million, 10-year contract with the Los Angeles Dodgers last December. Read more: https://bloom.bg/3OLJAKo
📷: Sarah Stier/Getty Images
The capture of Damascus was led by HTS, or the Organization for the Liberation of the Levant, and it has suddenly thrust its leader — a Syrian named Ahmed Al-Sharaa, better known by his nom de guerre, Mohammed al-Jolani — into a highly influential position with a potential say over the future of Syria.
The leader of what was once an al-Qaeda affiliate is positioning himself as a moderating force. More here: https://bloom.bg/3Dflh4Y
📷: Abdulaziz Ketaz/AFP/Getty Images
Syrian President Bashar al-Assad has fled Damascus, according to multiple reports, as rebel forces entered the capital following a stunning territorial advance over a few days. The toppling of the longtime ruler is sending shockwaves through the Middle East - follow our live blog for the latest updates: https://bloom.bg/3OHakMe
📷: Sam Hariri/AFP/Getty Images
BREAKING: Vote to impeach South Korea’s President Yoon fails after ruling party boycott https://bloom.bg/3OM1r3Y
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President Yoon Suk Yeol told South Korea he was "sincerely sorry" for his brief imposition of martial law, in a speech ahead of a scheduled impeachment vote on Saturday: https://bloom.bg/4f4giBt
📷: South Korea Presidential Office
Elon Musk poured at least $274 million into political groups in 2024, fueling a spending spree that helped Donald Trump win the presidency, and securing a new title for himself: the most prolific donor of the election cycle. Read more: https://bloom.bg/4gpKh89
📷: Al Drago/Bloomberg
US President-Elect Donald Trump says venture capitalist David Sacks will be the “White House A.I. & Crypto Czar,” according to a Truth Social post: https://bloom.bg/4gmk4r6
📷: David Paul Morris
Airline strike: South African Airways, the state-owned national carrier, has reduced flights after some pilots embarked on a strike following deadlocked wage talks. https://bloom.bg/4f98qP8
Gulf deals: Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power. https://bloom.bg/3OHbyXD
Tax laws: Kenyan lawmakers have reinstated some tax measures that the government agreed to abandon earlier this year after thousands of people took to the streets in protest. https://bloom.bg/3OGNJ2c
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Illegal mining: Ghana is potentially losing billions from illegal gold mining that is causing environmental carnage with protesters calling for the government to close it down ahead of an election on Saturday. https://bloom.bg/3Vi13O7
Rugby deal: The body that oversees the reigning rugby-union world champions, South Africa’s Springboks, told lawmakers it faces the risk of collapse if it doesn’t boost revenue. https://bloom.bg/4eWETrW
Oil mess: Shell’s Trans-Niger pipeline has drawn criticism for environmental damage, with its sale to Renaissance Africa Energy raising concerns about future liabilities and decommissioning costs. https://bloom.bg/41jVJxI
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
