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
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President Donald Trump signed an executive action that prevents foreign nationals from entering the US to study at Harvard University, accusing the school of failing to implement discipline on campus and fostering a dramatic rise in crime. Read more here: https://bloom.bg/4kWYUSJ
Bloomberg.com
Trump Bars Foreign Students From Entering US to Attend Harvard
President Donald Trump signed an executive action that prevents foreign nationals from entering the US to study at Harvard University, accusing the school of failing to implement discipline on campus and fostering a dramatic rise in crime.
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BREAKING: Elon Musk takes X user's advice to “cool off” and says he won’t decommission SpaceX’s Dragon spacecraft, reversing earlier decision. https://bloom.bg/4jCpyim
Bloomberg.com
Musk Walks Back Threat to Decommission Dragon Spacecraft
Elon Musk seemingly backed down from a threat to decommission SpaceX’s Dragon spacecraft that ferries cargo and people to the International Space Station for the US, made during an escalation of a spat between the billionaire and President Donald Trump.
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BREAKING: Judge blocks Donald Trump from banning Harvard University's international students from entering the US for now. https://bloom.bg/4dPWouQ
Bloomberg.com
Harvard Wins Reprieve From Trump’s Foreign Student Ban
Harvard University won a temporary reprieve from President Donald Trump’s ban on its international students entering the US, a legal setback for the administration in its high-profile fight with the school.
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From the tuition boom and student burnout to a minister's dismay over a S$52,000 clinic bid, soaring costs are a hot topic in Singapore.
This week's free Singapore Edition newsletter dives into the price of education & healthcare in the city-state: https://bloom.bg/43Qn6Pu
This week's free Singapore Edition newsletter dives into the price of education & healthcare in the city-state: https://bloom.bg/43Qn6Pu
Bloomberg.com
Singapore Kids Grapple With the Tyranny of Tutoring
Each week we’ll bring you insights into one of Asia’s most dynamic economies. If you haven’t yet, please sign up here.
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Demonstrations over US immigration raids escalated for a third day in the Los Angeles area, as thousands of protesters clashed with security forces and tear gas filled the air outside a downtown federal detention center. Read more here: https://bloom.bg/447dEsn
Bloomberg.com
LA Clashes Escalate as Trump, Newsom Spar Over Troops
Tensions flared in Los Angeles on the third day of anti-deportation protests, as demonstrators clashed with law enforcement while President Donald Trump and California Governor Gavin Newsom exchanged blame over the unrest and responsibility for restoring…
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China's EV industry is experiencing a price war, with share prices tumbling and the government intervening to prevent price cuts. Read more here: https://bloom.bg/3SD4xcy
Bloomberg.com
BYD Unleashes an EV Industry Reckoning That Alarms Beijing
The price war engulfing China’s electric vehicle industry has already sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be getting started.
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Scale AI, the startup that Meta is in talks to invest billions of dollars in, has rapidly gained influence in both tech and policy circles. Here's what the company does and where it came from: https://bloom.bg/3ZiFsHB
📷: David Paul Morris/Bloomberg
📷: David Paul Morris/Bloomberg
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Israel intercepted a humanitarian aid ship trying to reach Gaza that was carrying activists including Swedish climate advocate Greta Thunberg, the group operating the vessel says. Read more here: https://bloom.bg/4ku5vE7
📷: Fabrizio Villa/Getty Images Europe
📷: Fabrizio Villa/Getty Images Europe
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Shares of Chinese defense companies rallied, after Pakistan said it intends to buy one of the Asian power’s most-advanced fighter jets as a part of major arms purchase. See the list of everything Pakistan said it would acquire from China: https://bloom.bg/4ky1aA1
📷: Qilai Shen/Bloomberg
📷: Qilai Shen/Bloomberg
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Mark Zuckerberg, frustrated with Meta’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and engineers who’ve met with him in recent weeks at his homes in Lake Tahoe and Palo Alto. Read more here: https://bloom.bg/4451obT
📷: David Paul Morris/Bloomberg
📷: David Paul Morris/Bloomberg
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The US and China deescalated trade tensions, agreeing to a preliminary deal on how to implement the consensus the two sides reached in Geneva, negotiators for both sides said. Read more here: https://bloom.bg/4kU29do
📷: Chris J. Ratcliffe/Bloomberg
📷: Chris J. Ratcliffe/Bloomberg
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BREAKING: Donald Trump's global tariffs can continue for now, a US federal appeals court says. Read more here: https://bloom.bg/4mNocEm
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Chinese banks have scaled back travel perks since last year, barring staff from flying business class and booking pricey hotels.
That’s giving domestic chains a boost: https://bloom.bg/3FYgGpw
That’s giving domestic chains a boost: https://bloom.bg/3FYgGpw
Bloomberg.com
China’s Bankers Ditch Global Hotel Chains as Travel Budgets Bite
These days, Shanghai-based banker Jason Zhang can no longer stay at the Westin hotel in downtown Beijing’s financial district after his company cut its travel budget. Instead, he had to settle for a cheaper domestic hotel chain.
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Singapore-based Jetstar Asia will close next month, freeing up as much as $327 million to fund owner Qantas’s fleet renewal program. Read more here: https://bloom.bg/3HAMm52
📷: Brent Lewin/Bloomberg
📷: Brent Lewin/Bloomberg
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For months, Trump pushed tariffs and trade restrictions on China to unprecedented levels to force Xi into talks. Now, Beijing has shown it can fire back, using its control over rare earth exports. Read here: https://bloom.bg/3FR8ese
📷: SeongJoon Cho/Bloomberg
📷: SeongJoon Cho/Bloomberg
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The US ordered some staff to depart the embassy in Baghdad and allowed military service members’ families to leave the Middle East, officials said. Read here: https://bloom.bg/3FLviss
Bloomberg.com
US to Pull Some Embassy Staff From Middle East as Tensions Rise
The US ordered some staff to leave its embassy in Baghdad, officials said, after Iran threatened to strike American assets in the Middle East in the event it’s attacked over its nuclear program.
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Trump's tariffs threaten the world's biggest carmakers with Toyota, Honda, Subaru and others bracing for a profit hit of more than $19 billion. Read more here: https://bloom.bg/4e33soc
Bloomberg.com
Trump’s Auto Tariffs Strike at the Heart of Japan’s Economy
Toyota, Honda, Subaru and other Japanese carmakers brace for a profit hit of more than $19 billion as economists flag the risk of a recession and a setback for key wage cycle
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🎙 Japan is experiencing an intense talent war as recruiters for Wall Street banks court new hires with increased salaries, fancy dinners and other perks.
Find out more on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Find out more 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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Israel launched airstrikes on Iran, in a major escalation in the standoff over Tehran’s atomic program that risks sparking a new war in the Middle East. Read more here: https://bloom.bg/4kXwYOm
📷: BEHROUZ MEHRI/AFP
📷: BEHROUZ MEHRI/AFP
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