Lululemon is booming in China. So, how did it crack the market where other international retail giants are fading?

Its playbook offers a glimpse. Read here: https://bloom.bg/3AAUsr4

📷: Qilai Shen/Bloomberg

JUST IN: Japan's parliament officially votes to keep Shigeru Ishiba as prime minister, setting him up for a potential meeting with President-elect Donald Trump https://bloom.bg/48GbCAl

New government: Mauritian Prime Minister Pravind Kumar Jugnauth conceded defeat in Sunday’s elections after early results showed his five-party Alliance Lepep coalition trailing its main rival. https://bloom.bg/3UNfxp0

Biggest listing: Pick n Pay is seeking to raise 8 billion rand ($449 million) through an initial public offering in discount retailer Boxer in what is set to be Africa’s biggest listing this year. https://bloom.bg/4fEgU1q

Green transition: Senegal will recommit to a $2.7 billion program to reduce its reliance on fossil fuels in coming weeks. https://bloom.bg/3NZqWyq

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday

Hong Kong is recovering after a bruising talent drain, with licensed finance jobs hitting a record as banks and asset managers bet on the city’s push to become the world’s biggest wealth management hub. Read more here: https://bloom.bg/3YL8GxD

📷: Paul Yeung/Bloomberg

China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. More here: https://bloom.bg/4fpjDfq

📷: Qilai Shen/Bloomberg

Donald Trump is expected to name Marco Rubio as secretary of state, a person familiar with the matter said, granting a top job in his second administration to a one-time rival who later became one of his most ardent supporters in the Senate. Read more: https://bloom.bg/3ADpqPh

📷: Christian Monterrosa/Bloomberg

President-elect Donald Trump has started to choose the people who he wants to implement his “America first” policies on the border, trade, economy and more.

From Susie Wiles to Marco Rubio, take a look at some of the people Trump is picking or set to pick: https://bloom.bg/411hr9N

📷: Bloomberg

More jobs: South Africa’s unemployment rate fell for the first time in a year as business confidence improved and economic growth showed signs of recovery. https://bloom.bg/3Cj0fC4

Parliamentary majority: Ghana’s Supreme Court reinstated the governing party’s majority in parliament, overruling a decision by the Speaker to declare four seats vacant. https://bloom.bg/3CyeXFj

Cost of debt: The premium on African sovereign debt over US Treasuries has dropped to a five-year low, signaling investor confidence in certain high-yield bonds even as concerns linger about how Donald Trump’s second presidency will impact the continent. https://bloom.bg/3CpAGQ1

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday

Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced. Read more here: https://bloom.bg/3AtYVMl

📷: Bloomberg

BREAKING: Nvidia picks SoftBank as its first customer to build an AI supercomputer with new Blackwell chips. More here: https://bloom.bg/4emFYcc

📷: Akio Kon/Bloomberg

🚨 LIVE BLOG: Shares of Indian food and grocery delivery company Swiggy will shortly start trading for the first time after a $1.3 billion IPO.

Follow along for the latest updates and analysis ⬇️ https://bloom.bg/3CCcx8E

🎙 Donald Trump is back.

Listen to the Big Take Asia Podcast to find out how countries across Asia are bracing for everything from higher tariffs to potential geopolitical flare-ups https://link.podtrac.com/jxfy2rhy

No water: The taps in Zimbabwe’s second-biggest city may run dry by the end of this year due to a severe drought and lack of investment in water infrastructure. https://bloom.bg/3YNpHqR

Formal recognition: Somaliland holds a long-delayed election on Wednesday amid hopes a new US administration will back the breakaway region’s campaign to gain formal recognition. https://bloom.bg/4es5psQ

National disaster: South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to free up funds for relief and reconstruction. https://bloom.bg/3CzKCGs

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday

“They threw all the flowers away."

China is silencing car attack mourners, a move that could backfire on its Communist Party. Read more here: https://bloom.bg/3AP3f8P

📷: Hector Retamal/AFP/Getty Images

How an internet joke became a government enigma. Read about US President-elect Donald Trump's new initiative. https://bloom.bg/3Z5JtPS

📷: Andrew Harnik/Getty Images

Diamond talks: Botswana’s new president picked Bogolo Kenewendo to be mines minister as his administration moves to cement a deal with De Beers to secure more benefit from its diamond riches. https://bloom.bg/3CmODhq

Canal+ deal: MultiChoice CEO Calvo Mawela is preparing to take on US streaming giants as the African TV company works to get its $3 billion deal with Vivendi SE’s Canal+ over the line with regulators. https://bloom.bg/3Obrmln

Tug of war: South Africa’s rand is caught between optimists who expect economic reforms will pay off, and pessimists selling it as Donald Trump’s policy proposals drive the dollar higher. https://bloom.bg/3APvQeb

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday

New Zealand is considering charging tourists when they visit national parks and other public land.

Many of its landmark destinations such as Milford Sound, Aoraki Mount Cook and the Tongariro Alpine Crossing are in such parks. More: https://bloom.bg/3AUn9zg

📷: William West/AFP/Getty Images

A penthouse on the 60th floor with celebrity broker Ravi Kewalramani attached and a $14 million price tag faces an unexpected challenge to getting sold: a picky owner carefully screening interested buyers. More here: https://bloom.bg/3Z6nAzO

📷: Dhiraj Singh/Bloomberg

Parliamentary vote: Senegalese President Bassirou Diomaye Faye will seek to consolidate his grip on power in parliamentary elections on Sunday to push through a series of reforms needed to steady the government’s shaky finances. https://bloom.bg/3ObUbOG

For sale: The tuna fishing fleet at the center of a $2 billion corruption scandal, which scuttled Mozambique’s economy and triggered court cases across three continents, is up for auction. https://bloom.bg/3AFVQJ6

Collaring elephants: Zimbabwe plans to collar and track the movement of dominant female elephants at a national park the size of Connecticut in a bid to lessen the conflict between the world’s second-biggest population of the pachyderms and rural farmers. https://bloom.bg/4eEPfg4

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday

Singapore Airlines is forging new partnerships and alliances across Asia, expanding the reach of the region's top-ranked airline. Find out what it means for passengers in this week's Singapore Edition newsletter: https://bloom.bg/3CsJft7

📷: Roslan Rahman/AFP/Getty Images

AI hysteria has largely played out in the stock market. Now debt bankers want to get in on the $1 trillion payday. Read The Big Take: https://bloom.bg/3AXLCDT

📷: Glenn Harvey