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
📷: Qilai Shen/Bloomberg
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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
📷: Christian Monterrosa/Bloomberg
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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
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
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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
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
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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
📷: Bloomberg
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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
📷: Akio Kon/Bloomberg
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🚨 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
Follow along for the latest updates and analysis ⬇️ https://bloom.bg/3CCcx8E
Bloomberg.com
SoftBank-Backed Swiggy’s Shares Bounce Back, Defying Weak Market
Swiggy Latest Updates: Shares Bounce Back Even as Indian Stocks Decline
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🎙 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
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
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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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
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
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“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
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
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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
📷: Andrew Harnik/Getty Images
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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
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
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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
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
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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
📷: Dhiraj Singh/Bloomberg
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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
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
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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
📷: Roslan Rahman/AFP/Getty Images
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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
📷: Glenn Harvey
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Students from India surged 23% to overtake China for the first time since 2009 as international enrollment bounces back from a pandemic slump. https://bloom.bg/3UYA0HD
📷: Christopher Furlong/Getty Images
📷: Christopher Furlong/Getty Images
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An Indian startup controlled by Asia’s richest man will introduce its first humanoid robots in 2025, taking on US and Chinese rivals who have a head start in the burgeoning field. Read more about Addverb Technologies here: https://bloom.bg/3YS88pK
📷: Addverb Technologies Ltd.
📷: Addverb Technologies Ltd.
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Presidential term: Voters in Gabon agreed to extend the country's presidential terms to seven years from five in a vote for a new constitution that’s seen as an important step toward a return to civilian rule. https://bloom.bg/3CydxLe
Tax Dispute: Resolute Mining will pay the Mali government about $160 million as it seeks to resolve a tax dispute that’s seen its chief executive officer detained. https://bloom.bg/3ZflaOv
Markets rally: Citigroup expects South African equities to overcome recent weakness and outperform emerging market peers, as the new government’s pro-reform agenda tempers headwinds linked to the US election outcome. https://bloom.bg/3ZbSfMo
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
Tax Dispute: Resolute Mining will pay the Mali government about $160 million as it seeks to resolve a tax dispute that’s seen its chief executive officer detained. https://bloom.bg/3ZflaOv
Markets rally: Citigroup expects South African equities to overcome recent weakness and outperform emerging market peers, as the new government’s pro-reform agenda tempers headwinds linked to the US election outcome. https://bloom.bg/3ZbSfMo
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
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Exclusive: Top Justice Department antitrust officials have decided to ask a judge to force Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world.
If the US federal judge accepts the proposal, they have the potential to reshape the online search market and the burgeoning AI industry. Read more: https://bloom.bg/3Og3cGo
📷: Sheldon Cooper/SOPA Images/LightRocket via Getty Images
If the US federal judge accepts the proposal, they have the potential to reshape the online search market and the burgeoning AI industry. Read more: https://bloom.bg/3Og3cGo
📷: Sheldon Cooper/SOPA Images/LightRocket via Getty Images
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