🚨 LIVE NOW: How will a fresh interest-rate cut and housing crisis reshape Australia’s 2025 election?
Join our reporters for a Live Q&A. Ask questions here: https://bloom.bg/3XvmAnZ
Singapore is likely to boost spending in Lawrence Wong’s first budget as prime minister, offering more handouts to businesses ahead of election. Follow our live blog for the latest news and analysis: https://bloom.bg/4i1twB0
Читать полностью…The unravelling of the investment-banking expansion in China marks a seismic shift for Wall Street.
Once a crown jewel of global finance, China is now a fading prospect, forcing major banks to recalibrate their growth strategies. While many are shifting Asia resources to Japan and India, the China void is hard to fill. More here: https://bloom.bg/414fI1K
📷: Illustration by Carolina Moscoso
After promising to unleash “the big one,” President Donald Trump has directed his administration to propose a round of reciprocal tariffs that could remodel America’s trading relationship with the world.
Here's how they could be imposed, which countries would be affected the most, and more: https://bloom.bg/3EAgsnv
📷: Stefani Reynolds/Bloomberg
From the Ambanis to the Chengs, Asia's 20 richest families are collectively worth $558 billion. Here's who made the list: https://bloom.bg/3Ez2YIZ
📷: Sujit Jaiswal/AFP
China's long-running property crisis that's hobbled its economy and created a near $160 billion pile of distressed debt — the world’s largest — is sliding into a dangerous new phase. Read The Big Take: https://bloom.bg/4gL379C
📷: Fang Dongxu/VCG/Getty Images
President Donald Trump has ordered a stop to minting new pennies because they cost more to make than they’re worth. Read more here: https://bloom.bg/40SyJUv
Читать полностью…New Zealand is simplifying its so-called golden visa program, including removing an English language requirement, to attract wealthy immigrants and help spark an economic recovery. More here: https://bloom.bg/4gtNwLr
📷: Franck Fife/AFP via Getty Images
CEO Andy Jassy’s campaign to flatten Amazon’s middle management ranks has started rippling through the company, raising fears about the prospect of lean years and fewer promotions for experienced corporate staffers.
To assess the mood inside the company, Bloomberg interviewed employees from several departments. More here: https://bloom.bg/4jFkzPr
📷: David Ryder/Bloomberg
New: The US Postal Service said Wednesday that it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments https://bloom.bg/3WMRBmX
Читать полностью…The US Postal Service says it will temporarily suspend the acceptance of inbound international packages from China and Hong Kong Posts until further notice. Read more: https://bloom.bg/3CrpL8V
📷: Stephanie Keith/Bloomberg
Trump proposed the US taking over the Gaza Strip and assuming responsibility for reconstructing the war-torn territory during a press conference with Israeli Prime Minister Benjamin Netanyahu.
Netanyahu seemed to entertain but stop short of fully endorsing the proposal, which, if pursued, would represent a dramatic new US intervention in the Middle East and upend decades of foreign policy doctrine. More here: https://bloom.bg/4gt4UzC
📷: Anna Moneymaker/Getty Images
BREAKING: China slaps 15% tariffs on US coal and LNG moments after Trump's new tariffs come into effect. Follow our live blog for updates and analysis: https://bloom.bg/3CDK42S
Читать полностью…President Donald Trump pledged hundreds of billions in tariffs to remake the global economy and target even his closest neighbors.
But so far, it’s been more Art of the Deal than a revolution. Here's why: https://bloom.bg/40FXYcN
NEW: Indian Prime Minister Narendra Modi has been invited to meet with Trump in Washington next week, a White House official says. More here: https://bloom.bg/3CEimTz
Читать полностью…There are a limited number of US visas up for grabs each year for high-skilled workers.
Former staffers say India’s biggest outsourcing firm TCS made repeated use of manager-level visas to get around H-1B rules and game the system. More here: https://bloom.bg/4b6RgkS
📷 Jimena Peck/Bloomberg
Elon Musk’s artificial intelligence startup xAI showed off the updated Grok-3 model, showcasing a version of the chatbot technology that the billionaire has said is the “smartest AI on Earth.” Read more here: https://bloom.bg/3Qm2loA
📷: VCG/Getty Images
🎙 LIVE NOW: The rise of DeepSeek has sparked a rally in China's tech stocks - but will it last?
Bloomberg reporters are answering all your questions in a Live Q&A: https://bloom.bg/40Xi1n9
A tie-up involving Australia's Chemist Warehouse has produced a parade of fortunes — turning the pharmacy chain's two founders and its CEO Mario Verrocchi into billionaires.
Verrochi, who joined the company as an intern, said it was the result of "fifty years of toil, 50 years of grind, a bit of blood, sweat and tears." More here: https://bloom.bg/41eJmCP
📷: Brendon Thorne/Bloomberg
EXCLUSIVE: Asia’s second-richest man, Gautam Adani, is building a political influence operation spanning white shoe law firms and lobbyists, looking to simultaneously deal with legal cases and expand his business in the US, sources say. Read more here: https://bloom.bg/3ECJUJO
Читать полностью…🎙 As Trump rolls out a barrage of tariffs, what is Xi's game plan?
We unpack China's response and whether it can avoid a full-blown trade war with the US. Listen to the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
JUST IN: The Philadelphia Eagles beat the Kansas City Chiefs, 40-22, to win the Super Bowl. More here: https://bloom.bg/4hTdFEx
Читать полностью…Trump’s new trade war is further blurring the lines between Hong Kong and Beijing, threatening to erode the city’s main selling point as a global financial hub. Read more: https://bloom.bg/3Q7CwIN
📷: Paul Yeung/Bloomberg
Alphabet’s Google told employees that it will no longer formally seek to improve the diversity of its workforce, marking the latest step in Silicon Valley’s retreat from initiatives that have fallen out of favor during US President Donald Trump’s administration. More here: https://bloom.bg/4113xE3
📷: Saul Loeb/AFP/Bloomberg
🎙 How India and other Asian economies are racing to avoid a trade war with Trump.
Bloomberg reporters answer all your questions in a Live Q&A: https://bloom.bg/40LPVLC
BREAKING: Chinese e-commerce stocks drop after the US Postal Service suspends inbound parcels from China and Hong Kong.
Follow our live blog for the latest news and analysis: https://bloom.bg/410p4fU
China announced an investigation into Google in an apparent retaliatory move, moments after President Donald Trump slapped a 10% tariff on Beijing reigniting a trade war between the word’s largest economies. More here: https://bloom.bg/4gm4BXy
📷: Gabby Jones/Bloomberg
El Salvador’s president made an extraordinary offer to Donald Trump as the US seeks to ramp up deportations: the tiny Central American nation is willing to accept convicted criminals of any nationality, including American citizens. More here: https://bloom.bg/4aLZe2G
📷: Juan Carlos/Bloomberg
The global battle against unauthorized vapes is already a messy one. Donald Trump’s return to the White House promises to make things even more complicated. Read The Big Take here: https://bloom.bg/4hL2n5b
📷: Nico Brausch
Apple lambasted the EU’s Digital Markets Act after the first known porn app for the iPhone arrived on the company’s devices in the region. More here: https://bloom.bg/4jLP7iC
📷: Victor J. Blue/Bloomberg