Bernard Arnault’s fortune jumped by $17 billion in a single day, taking his net worth to $201 billion, according to the Bloomberg Billionaires Index.

The surge comes after China’s top leaders gave the green light to supercharge stimulus in the world’s second-largest economy. Read more here: https://bloom.bg/47JNsnZ

📷: Girette/Bloomberg

Japan’s ruling party picked Shigeru Ishiba as its next leader, positioning an advocate of an “Asian NATO” to become prime minister in a move that risks further increasing tensions with China. More here: https://bloom.bg/3N3HrJg

📷: Toru Hanai/Bloomberg

Militants are gaining strength in Bangladesh after a tumultuous change in government, raising concerns that Islamist extremists are on the verge of gaining a foothold in a volatile part of the world. Read more: https://bloom.bg/3zr1ka6

📷: K M Asad/AFP/Getty Images

Chocolate crisis: After huge bean shortages and turmoil across the market this year, the cocoa harvest this season is looking promising. But it may not be enough to bring chocolate prices down. https://bloom.bg/47QrC2g

Telecoms deals: Kenya’s biggest phone company Safaricom is in talks with Elon Musk’s Starlink and other satellite providers on potential future partnerships. https://bloom.bg/3BuNiog

Currency devaluation: Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG. https://bloom.bg/3ZAvP86

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

I was one of the hundreds of unlucky commuters caught up in this week’s Singapore MRT chaos. Here's what it was like.

That and more in this week's free Singapore Edition: https://bloom.bg/3Y0WSIq

📷: Paul Miller/Bloomberg

Binance founder Changpeng Zhao pledged to keep investing in the blockchain sector as well as artificial intelligence and biotechnology, in the crypto mogul’s first public comments since his release from US custody.

Zhao was released from a correctional facility in California on Sept. 27. Read more here: https://bloom.bg/4gI02bn

📷: David Ryder/Bloomberg

In a nation where the norm has been for people to park their assets in cash and deposits that offer almost no interest, Shigeru Fujimoto has accumulated about ¥2 billion ($14 million) of wealth.

Read more on how the 88-year-old former pet-shop owner built his fortune: https://bloom.bg/3TQrcTz

📷: Yasutaka Tamura/Bloomberg

War in Sudan: The UAE's foreign ministry says a Sudanese military aircraft launched a "cowardly" attack on the residence of its ambassador to Sudan. https://bloom.bg/3ByXTyw

Loan approved: The World Bank approves $1.57 billion in new lending to Nigeria, aimed at easing the "complex difficulties" facing women and girls. https://bloom.bg/3ZN0MWC

Growth acceleration: South Africa's deputy president expects the economy to grow faster than expected, and the country's 10-year bond yield hits a two year low. https://bloom.bg/47PpebK

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

LIVE: Israel has begun "targeted ground raids" in Lebanon in a significant escalation in its battle against Hezbollah.

Follow our free-to-read blog for the latest news, updates and analysis https://bloom.bg/3zGu4eS

📷: Itani/AFP/Getty Images

Infrastructure fund: South Africa’s infrastructure development agency has restructured its pipeline of planned projects to make them more attractive to the private sector, as state officials court investors in the UK. https://bloom.bg/3BCk6M7

Walking a tightrope: Kenya’s National Assembly will receive an impeachment motion against Deputy President Rigathi Gachagua, a process that could potentially destabilize an economy that's barely recovered from months of anti-government protests. https://bloom.bg/47NgzH4

Back to Africa: Benin, from where more than a million people were shipped to the Americas at the height of the slave trade, has approved a law that makes their descendants eligible for citizenship in the small West African nation. https://bloom.bg/3TOQ0vj

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

The Israeli military on Tuesday said that Iran had fired more than 100 missiles directly at the country, a severe escalation in the battle between the Middle Eastern rivals fought mainly so far through proxies.⁣
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The launch comes after Israeli forces moved into southern Lebanon as part of a campaign against Tehran-backed Hezbollah. The US earlier in the day warned of an imminent attack by Iran. Read the latest updates here: https://bloom.bg/47Roine
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📷: Menahem Kahana/AFP/Getty Images

Samsung is laying off workers in Southeast Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs. Read more here: https://bloom.bg/4gJMTyt

📷: Jean Chung/Bloomberg

🎙 Democratic VP candidate Tim Walz lived in China as a young man and experienced more of the country than most.

Today on the Big Take Asia Podcast, his ties with China and how they could influence foreign policy. https://link.podtrac.com/jxfy2rhy

Green shoots: Sentiment about South Africa has improved since the formation of a coalition government but the nation needs to be cautious about complacency, according to CEOs at two of the nation’s biggest financial-services companies. https://bloom.bg/4eP8DYe

Rainy day fund: Zambia will set up a sovereign wealth fund next year to shield the country from financial shocks and support key sectors including health and education. https://bloom.bg/47S3Djh

Longer terms bid: Kenyan lawmakers proposed revising the nation’s constitution to lengthen presidential and parliamentary terms, joining a growing trend in East Africa where similar amendments have enabled other leaders to extend their rule. https://bloom.bg/3zQfjpR

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Singapore's ex-transport minister S. Iswaran sentenced to 12 months in jail after pleading guilty to bribery and obstruction of justice. More here: https://bloom.bg/3NdAtS5

📷: Hester Tan/Bloomberg

🎙 Where are all the 3-bedroom apartments?

This week Rebecca Jones and Swati Pandey discuss why Sydney faces a surprising shortage.

Follow our new Bloomberg Australia Podcast as we lift the lid on the stories shaping the country's place in global business https://bloom.bg/3ZE5WEl

Historic pact: Britain struck a deal to cede sovereignty over the Chagos Islands in the Indian Ocean to Mauritius, while keeping control of a strategically important UK-US military base for another century. https://bloom.bg/47TY3N7

Virus outbreak: Rwanda’s first recorded infections of the Marburg virus, an Ebola-like hemorrhagic fever, is another sign that outbreaks of dangerous animal-borne diseases will become more frequent in an increasingly connected world. https://bloom.bg/3XPoFu4

Fraud sentence: Steinhoff’s former Chief Financial Officer Ben la Grange was sentenced to 10 years in prison on charges of fraud related to the manipulation of the group’s financial statements. https://bloom.bg/4dwjODS

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

As Australia grapples with a once-in-a-generation housing crisis, baby boomers looking to downsize from their large family homes are increasingly asking the same question: Where are all the three-bedroom apartments? Read more: https://bloom.bg/3zIKofk

📷: Brent Lewin/Bloomberg

Peace talks: Daniel Chapo, the ruling-party candidate in next week's Mozambique presidential election, says in an interview he favors talks to end a deadly Islamic State-backed insurgency that's delayed massive natural-gas investments. https://bloom.bg/3Y6EIFb

State graft probe: Kenya has asked the International Monetary Fund for an in-depth assessment of how corruption and mismanagement of state resources drain its public finances. https://bloom.bg/3ZMrnDl

Sports rights: SA Rugby, which oversees the reigning world champion Springboks team, said its member unions will on Oct. 17 vote on the sale of a 20% stake in a newly created commercial rights company to Ackerley Sports. https://bloom.bg/4gPfv9D

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Dyson has confirmed it's cutting staff in Singapore. With Samsung and Shein also laying off workers, what does it mean for the city's manufacturing ambitions?

Read more in this week's Singapore Edition newsletter: https://bloom.bg/3zUfRLq
📸: Bryan van der Beek/Bloomberg

A vast China-funded high-speed rail network is heading toward Singapore, and saddling Southeast Asian nations with debt along the way: https://bloom.bg/3TZtdwL

📸: Lauren DeCicca/Getty Images