BREAKING: Donald Trump says Fed Governor Lisa Cook will be removed from her position effective immediately https://bloom.bg/3HU2S0l

📷: Al Drago/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

🎙️ 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

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

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

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

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

🎙️ 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

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

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

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

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

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

🎙️ 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

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

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

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

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

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

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