EXCLUSIVE: China has begun enforcing a long-overlooked tax on overseas investment gains by the countryโs ultra-rich, according to people familiar with the matter https://bloom.bg/3zWXaaa
๐ท: Paul Yeung/Bloomberg
๐ท: Paul Yeung/Bloomberg
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Prime Minister Justin Trudeau accused Indian diplomats of backing a pattern of criminal harassment and violence against Canadians, escalating a dispute that began last year when he suggested Indian agents were involved in the murder of a Canadian Sikh activist. Read more here: https://bloom.bg/4dHJXjn
๐ท: David Kawai/Bloomberg
๐ท: David Kawai/Bloomberg
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Biden administration officials have discussed capping sales of advanced AI chips from Nvidia and other American companies on a country-specific basis, people familiar with the matter said, a move that would limit some nationsโ artificial intelligence capabilities https://bloom.bg/4f1rhMs
๐ท: Bloomberg
๐ท: Bloomberg
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Dirty money: Senegal is poised to be removed from a global dirty-money list as early as next week, a potential boost to the country following a reform push to counter money laundering and terrorist-financing risks. https://bloom.bg/4h5xgS6
Gas trade: TotalEnergies aims to approve an import terminal for liquefied natural gas in Mozambique next year that may help users in neighboring South Africa avoid a potential supply crisis. https://bloom.bg/3YrszLn
Against the law: Mozambiqueโs attorney general notified opposition presidential candidate Venรขncio Mondlane that his actions in the election are violating the constitution and electoral laws and urged him to stop. https://bloom.bg/4f0G0qS
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Gas trade: TotalEnergies aims to approve an import terminal for liquefied natural gas in Mozambique next year that may help users in neighboring South Africa avoid a potential supply crisis. https://bloom.bg/3YrszLn
Against the law: Mozambiqueโs attorney general notified opposition presidential candidate Venรขncio Mondlane that his actions in the election are violating the constitution and electoral laws and urged him to stop. https://bloom.bg/4f0G0qS
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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๐ After being sentenced to death for financial fraud, Vietnamese tycoon Truong My Lan has appealed and awaits her fate. How did her scheme come apart?
Listen to the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
Listen to the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
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Impeachment trial: Kenyan Deputy President Rigathi Gachagua appeared before the countryโs first impeachment trial, the latest challenge to William Rutoโs administration in the wake of this yearโs deadly anti-government protests. https://bloom.bg/3Y6oLxK
Springbok deal: Rugby unions linked to South Africaโs richest men, and the nationโs sports minister have set back a controversial private equity deal over the commercial rights to the world-champion Springbok team. https://bloom.bg/3NNIZaR
Water crisis: South Africa and Namibia held talks aimed at resolving a long-running disagreement over rights to the Orange River, a key water source that demarcates the border between the two nations. https://bloom.bg/3Y9FvUF
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Springbok deal: Rugby unions linked to South Africaโs richest men, and the nationโs sports minister have set back a controversial private equity deal over the commercial rights to the world-champion Springbok team. https://bloom.bg/3NNIZaR
Water crisis: South Africa and Namibia held talks aimed at resolving a long-running disagreement over rights to the Orange River, a key water source that demarcates the border between the two nations. https://bloom.bg/3Y9FvUF
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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Former One Direction singer Liam Payne, 31, was found dead after falling from a hotel balcony in Buenos Aires on Wednesday, local officials said. Read more here: https://bloom.bg/3YoS9R5
๐ท: Tobias Schwarz/AFP/Getty Images
๐ท: Tobias Schwarz/AFP/Getty Images
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China's housing ministry is holding a briefing, and investors are watching for more stimulus announcement. Follow our live blog for the latest news and analysis https://bloom.bg/402cYmB
๐ท: APTN
๐ท: APTN
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Vietnamese tycoon Truong My Lan, already on death row for fraud, has been found guilty on additional charges in a second trial. Read more: https://bloom.bg/3YoZmk7
๐ท: Maika Elan/Bloomberg
๐ท: Maika Elan/Bloomberg
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Cathay Pacific is introducing an art gallery to its refreshed business class cabin, part of a $12.9 billion multi-year outlay on new planes and upgraded lounges. Take a closer look: https://bloom.bg/4dKbGzO
๐ธ: Paul Yeung/Bloomberg
๐ธ: Paul Yeung/Bloomberg
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Wealth surge: Aliko Dangote's wealth jumps $15 billion with his long-awaited "monster" Nigerian oil refinery up and running. But he says he wouldnโt wish the experience on his worst enemy. https://bloom.bg/3YqFsFl
Spycraft diplomacy: The US offered to share secret intelligence with the Democratic Republic of Congo and Rwanda to try secure a cease-fire in one of the worldโs longest-running conflicts. https://bloom.bg/3zYs3el
Tanker explosion: Nigerian police said the death toll from an explosion involving a gasoline tanker in the countryโs north has now increased to 153. https://bloom.bg/402DBb3
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Spycraft diplomacy: The US offered to share secret intelligence with the Democratic Republic of Congo and Rwanda to try secure a cease-fire in one of the worldโs longest-running conflicts. https://bloom.bg/3zYs3el
Tanker explosion: Nigerian police said the death toll from an explosion involving a gasoline tanker in the countryโs north has now increased to 153. https://bloom.bg/402DBb3
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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China's GDP grows 4.6% in the third quarter, slightly above expectations, but slowing growth highlights need for more stimulus. Follow our live blog for the latest updates and analysis: https://bloom.bg/3Y9Uyxx
๐ท: APTN
๐ท: APTN
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Gold topped $2,700 an ounce for the first time, as concerns over escalating conflicts in the Middle East and a tight US election race prompt investors to flock to safety. Read more: https://bloom.bg/4hoH9L9
๐ท: Chalinee Thirasupa/Bloomberg
๐ท: Chalinee Thirasupa/Bloomberg
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๐จ Indian markets have never been hotter amid a record infrastructure push in the world's fastest-growing major economy. Ambitions to grow rapidly put a spotlight on how to finance the boom.
Follow our blog for the latest from #BloombergIndiaCreditForum โฌ๏ธ https://bloom.bg/48eopJT
Follow our blog for the latest from #BloombergIndiaCreditForum โฌ๏ธ https://bloom.bg/48eopJT
Bloomberg.com
Securities Regulator Mulls Easing Rules for Buying Government Bonds: India Credit Forum
India Credit Forum Live: Growth Goals Spotlight Bonds, Loans, Private Credit
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Gachagua removal: Kenyaโs High Court suspended a parliamentary resolution to impeach Deputy President Rigathi Gachagua and halted the process of replacing him on Friday, less than an hour after the National Assembly approved President William Rutoโs choice of a successor. https://bloom.bg/3Y9FujI
Capital chaos: Over a million people in South Sudanโs capital of Juba are grappling with a lack of power, running water, salaries and medicine as the nationโs key source of cash dries up. https://bloom.bg/3UdDhCH
Water crisis: South Africaโs biggest companies are exploring widening a partnership with the government to help resolve a water crisis thatโs threatening to leave the nationโs commercial hub dry. https://bloom.bg/3Yeg6Jq
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Capital chaos: Over a million people in South Sudanโs capital of Juba are grappling with a lack of power, running water, salaries and medicine as the nationโs key source of cash dries up. https://bloom.bg/3UdDhCH
Water crisis: South Africaโs biggest companies are exploring widening a partnership with the government to help resolve a water crisis thatโs threatening to leave the nationโs commercial hub dry. https://bloom.bg/3Yeg6Jq
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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Singapore has seen a recent influx of Chinese restaurants and drinks chains, triggering fierce competition in the local food scene. Read more in this week's free Singapore Edition newsletter: https://bloom.bg/4eOTVR4
๐ท: Bryan van der Beek/Bloomberg
๐ท: Bryan van der Beek/Bloomberg
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Hyundai is making its trading debut in India after a $3.3 billion IPO โ the country's largest listing ever.
Follow our live blog for the latest news and analysis: https://bloom.bg/3NxicPI
๐ท: Anindito Mukherjee/Bloomberg
Follow our live blog for the latest news and analysis: https://bloom.bg/3NxicPI
๐ท: Anindito Mukherjee/Bloomberg
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HSBC announced the appointment of Pam Kaur as chief financial officer, making her the first female finance director in its 159-year history.
This was part of a broad restructuring across different business lines and geographies as the newly appointed CEO Georges Elhedery embarks on ambitious cost cuts. Read more on their biggest overhaul: https://bloom.bg/3YxNpso
๐ท: HSBC Holdings Plc
This was part of a broad restructuring across different business lines and geographies as the newly appointed CEO Georges Elhedery embarks on ambitious cost cuts. Read more on their biggest overhaul: https://bloom.bg/3YxNpso
๐ท: HSBC Holdings Plc
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Billionaire businessman Adar Poonawallaโs Serene Productions will invest 10 billion rupees ($119 million) in Indian producer Karan Joharโs Dharma Productions and Dharmatic Entertainment, the maker of blockbuster Bollywood movies.
Joharโs studio has produced hits like โKuch Kuch Hota Haiโ and โKabhi Khushi Kabhi Ghamโ which starred superstars like Shahrukh Khan and Amitabh Bachchan. Read more here: https://bloom.bg/40dHs57
๐ท: Dhiraj Singh/Bloomberg
๐ท: Tommaso Boddi/Getty Images for Gold House
Joharโs studio has produced hits like โKuch Kuch Hota Haiโ and โKabhi Khushi Kabhi Ghamโ which starred superstars like Shahrukh Khan and Amitabh Bachchan. Read more here: https://bloom.bg/40dHs57
๐ท: Dhiraj Singh/Bloomberg
๐ท: Tommaso Boddi/Getty Images for Gold House
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Flash point: Time is running out to bring Mozambique back from the brink as a funeral for slain opposition officials and the release of election results coincide. https://bloom.bg/4eTzmmz
Newer mpox strain: Girls and young women may be more vulnerable to an infectious version of the virus that causes mpox that's spread from Democratic Republic of Congo to neighboring countries, a study showed. https://bloom.bg/3YyOAb9
Office relocation: Taiwan says it will not move its representative office from Pretoria, South Africaโs administrative capital, after accusing Beijing of pressuring the African nation to ask for a relocation. https://bloom.bg/3NA848T
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
Newer mpox strain: Girls and young women may be more vulnerable to an infectious version of the virus that causes mpox that's spread from Democratic Republic of Congo to neighboring countries, a study showed. https://bloom.bg/3YyOAb9
Office relocation: Taiwan says it will not move its representative office from Pretoria, South Africaโs administrative capital, after accusing Beijing of pressuring the African nation to ask for a relocation. https://bloom.bg/3NA848T
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now โ and where itโs headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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๐ How a small battery company became a global EV giant, challenging the likes of Elon Muskโs Tesla โ and where BYD plans to go from here โ on the Big Take Asia podcast. https://link.podtrac.com/jxfy2rhy
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