Indian Prime Minister Narendra Modi disputed President Donald Trump’s claims that trade deals were used to clinch a ceasefire with Pakistan during last month’s military conflict. Read more here: https://bloom.bg/45ujR2L
Bloomberg.com
Modi Disputes Trump’s Version of India-Pakistan Ceasefire
Indian Prime Minister Narendra Modi disputed President Donald Trump’s claims that trade deals were used to clinch a recent ceasefire with Pakistan, the latest sign of possible strain in the relationship between New Delhi and Washington.
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Indonesia’s Bali airport saw dozens of flights canceled because of a volcanic eruption nearby, stranding holidaymakers and threatening the area’s key tourism industry. Read more here: https://bloom.bg/4eevMEo
Bloomberg.com
Dozens of Bali Flights Canceled After Major Volcanic Eruption
Indonesia’s Bali airport saw dozens of flights canceled because of a volcanic eruption nearby, stranding holidaymakers and threatening the area’s key tourism industry.
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EXCLUSIVE: Senior US officials are preparing for the possibility of a strike on Iran in the coming days, according to people familiar with the matter, a sign that Washington is assembling the infrastructure to directly enter a conflict with Tehran. More here: https://bloom.bg/4kFYMHk
Bloomberg.com
US Officials Plan for Possible Strike on Iran in Coming Days
Senior US officials are preparing for the possibility of a strike on Iran in coming days, according to people familiar with the matter, as Israel and the Islamic Republic continue to exchange fire.
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Amazon is ordering some corporate employees to move closer to their managers and teams, roiling a workforce already worried about job cuts and warnings from the top that artificial intelligence will shrink their ranks in the coming years. More here: http://bloom.bg/44jiJhn
📷: David Ryder/Bloomberg
📷: David Ryder/Bloomberg
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Singapore's finance industry is synonymous with large-scale electronic banking.
But in a rundown central mall, the city's cash-only money changers buy and sell foreign currency the old-fashioned way — often at better exchange rates than conventional banks. Read more here: https://bloom.bg/4jZvGSg
But in a rundown central mall, the city's cash-only money changers buy and sell foreign currency the old-fashioned way — often at better exchange rates than conventional banks. Read more here: https://bloom.bg/4jZvGSg
Bloomberg.com
Singapore’s Banking Hub Has a Corner Where Cash Is Still King
A rundown mall in the heart of the business district draws crowds seeking the best currency exchange rates
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The ex-wife of China Evergrande Group’s chairman spent millions on luxury apartments in London, nine months after the developer defaulted on its loans. Read more here: https://bloom.bg/3FNHOYx
Bloomberg.com
Evergrande Tycoon’s Ex-Wife Spent Millions on Homes as Firm Sank
The ex-wife of China Evergrande Group’s chairman spent millions on luxury apartments in London, nine months after the developer defaulted on its loans.
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The US attacked three nuclear sites in Iran and completed the operation successfully, President Donald Trump said in a Truth Social Post. Read more here: https://bloom.bg/4l0axZy
📷: Ron Sachs/CNP/Bloomberg
📷: Ron Sachs/CNP/Bloomberg
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American planes successfully attacked three nuclear sites in Iran, President Donald Trump has said, drawing the US into a conflict that escalated a week ago with Israeli attacks across the country. Follow live updates here: https://bloom.bg/3T2lqxy
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🚨 Here's what we know so far:
* US jets hit Iran’s three key nuclear sites
* Trump warns US to go after other targets if peace doesn’t come
* Iran’s state TV says personnel from the sites had been evacuated
Follow our live blog: https://bloom.bg/3T2lqxy
* US jets hit Iran’s three key nuclear sites
* Trump warns US to go after other targets if peace doesn’t come
* Iran’s state TV says personnel from the sites had been evacuated
Follow our live blog: https://bloom.bg/3T2lqxy
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Two supertankers both capable of hauling about 2 million barrels of crude U-turned in the Strait of Hormuz after US airstrikes on Iran raised the risk of a response that will ensnare commercial shipping in the region. Read more here: https://bloom.bg/4kT5w4E
Bloomberg.com
Supertankers Do U-Turns Around Hormuz After US Airstrikes
Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the mouth of the Persian gulf, having performed U-turns in the past 24 hours.
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The US State Department issued a “Worldwide Caution” alert for American citizens, flagging the potential of travel disruptions and demonstrations following the US strikes on Iranian nuclear facilities. Read more here: https://bloom.bg/44dOlnk
Bloomberg.com
US Issues ‘Worldwide Caution’ for Americans After Attack on Iran
The US State Department issued a “Worldwide Caution” alert for American citizens, flagging the potential of travel disruptions and demonstrations following the US strikes on Iranian nuclear facilities.
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Exclusive reporting and analysis by Bloomberg reveal how a weakened Tehran can still inflict pain as it plans its retaliation. Read The Big Take here: https://bloom.bg/4ncW6CH
📷: Morteza/NurPhoto/Getty Images
📷: Morteza/NurPhoto/Getty Images
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American airstrikes had only a limited impact on Iran’s nuclear program, according to early US intelligence findings, as the United Nations watchdog urged fresh inspection of the sites. Read more here: https://bloom.bg/3T7XSat
Bloomberg.com
US Sees Limited Damage to Iran Atomic Sites as UN Watchdog Urges Inspections
American airstrikes had only a limited impact on Iran’s nuclear program, according to early US intelligence findings, as the United Nations watchdog urged fresh inspection of the sites.
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Scientists have discovered 20 previously unknown viruses in bats from China’s Yunnan province, including two closely related to the deadly Nipah and Hendra viruses, raising fresh concerns about the risk of animal pathogens infecting people. Read more here: https://bloom.bg/40mOnIr
📷: DBenitostock/Moment RF
📷: DBenitostock/Moment RF
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🎙 China’s relationship with Iran, its trade negotiations with the US and America’s strike on Iran have all put China in a difficult position.
On today’s Big Take Asia, host Oanh Ha is joined by John Liu, who oversees China coverage from Beijing, to discuss what’s at stake for China in Iran. https://link.podtrac.com/jxfy2rhy
On today’s Big Take Asia, host Oanh Ha is joined by John Liu, who oversees China coverage from Beijing, to discuss what’s at stake for China in Iran. 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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An obesity drug from China helped patients lose a lot of weight in a late-stage clinical trial, making it a prospective new challenger to blockbusters from Novo Nordisk and Eli Lilly. Read more here: https://bloom.bg/4llYYLR
Bloomberg.com
Chinese Biotech Showcases Challenger to Eli Lilly’s Obesity Drug
An obesity drug from China helped patients lose a lot of weight in a late-stage clinical trial, making it a prospective new challenger to blockbusters from Novo Nordisk A/S and Eli Lilly & Co.
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NEW: China's $1.3 trillion fund giant once bailed out Morgan Stanley. Now it's being increasingly shut out of the US as the world's two largest economies decouple.
Read The Big Take: https://bloom.bg/3TH5Ash
Read The Big Take: https://bloom.bg/3TH5Ash
Bloomberg.com
The Waning Ambitions of China’s $1.3 Trillion Fund Giant
China’s $1.3 trillion sovereign wealth fund spent years as one of the most sought-after investors in the world. It owned massive stakes in Blackstone Inc. and Morgan Stanley, struck deals with Goldman Sachs Group Inc. and plowed tens of billions of dollars…
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The story of how one Chinese owner of a toy factory responded to Trump's tariff whiplash illustrates how China remains central to global supply chains. Read more here: https://bloom.bg/4noOayw
📷: Qilai Shen/Bloomberg
📷: Qilai Shen/Bloomberg
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The dollar dipped amid an increase of bets on US interest-rate cuts on growing expectations the next Federal Reserve chairman is likely to ease monetary policy earlier than currently anticipated. Read more here: https://bloom.bg/4nqfYma
Bloomberg.com
Dollar Weakens as Trump Considers Naming Next Fed Chair Early
The dollar dipped amid an increase of bets on US interest-rate cuts on growing expectations the next Federal Reserve chairman is likely to ease monetary policy earlier than currently anticipated.
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President Donald Trump said he has identified a buyer for the US operations of the TikTok social media app, but he won’t provide details for two weeks. Read more here: https://bloom.bg/3TOIwYI
Bloomberg.com
Trump Says There’s a Buyer for TikTok But He Won’t Provide Name
President Donald Trump said he has identified a buyer for the US operations of TikTok, the social media app owned by Chinese company ByteDance Ltd., but he won’t provide details for two weeks.
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