Former European Central Bank President Mario Draghi says Germany’s decision to ramp up defense spending is a “game changer” but warns there are risk. More here: https://bloom.bg/429xMrN

EXCLUSIVE: Malaysia's government is pushing ahead with legislation expanding curbs on media, according to people familiar with the matter. More: https://bloom.bg/4j3cpz3

Zhang Yiming, the founder of TikTok owner ByteDance, has become China’s wealthiest person for the first time. More here: https://bloom.bg/3FHYwYJ

📷: Gilles Sabrie/Bloomberg

Air India will woo the 35-million strong Indian diaspora with cheaper fares, as the carrier seeks to make up for its dated cabins amid upgrade delays. More here: https://bloom.bg/3DWYkEz

📷: Dhiraj Singh/Bloomberg

EXCLUSIVE: China has told state-owned firms to hold off on any new collaboration with businesses linked to Li Ka-shing and his family, according to people familiar with the matter. More: https://bloom.bg/4c7Qdlg

Australia’s PM Anthony Albanese has called an election for May 3, kicking off what’s expected to be a closely-fought campaign centered on cost-of-living pressures and a housing crisis in a sluggish economy. More: https://bloom.bg/4jcNiKt

An unprecedented nine-year stock boom has minted millionaires in India, but has also turned the country into a hotbed of financial scams.

Like the one that swindled Saraswata, an unsuspecting radiologist, out of $700,000. More here: https://bloom.bg/4l61Qgp

📷: Indranil Mukherjee/AFP via Getty Images

Some 150 years after the gold rush, miners are back in the New Zealand town of Reefton.

They're betting the gold-laden “reefs” of quartz that give the town its name run deeper than their forebears could reach, and that more valuable minerals can be now extracted with new technology. More here: https://bloom.bg/4l8h192

📷: Nancy Zhou/Bloomberg

BREAKING: A strong earthquake of magnitude 7.7 hits Myanmar, shaking parts of Thailand and Vietnam.

Witnesses in Bangkok said the shaking continued for more than a minute, with people fleeing onto the street. Read more: https://bloom.bg/426x3Yl

Trump's reciprocal tariffs are set to make history and break a global trading system loathed by MAGA. More here: https://bloom.bg/3FQl6yr

📷: Al Drago/Bloomberg

Mukesh Ambani is out to prove Indians will pay to watch video on the internet.

Read how India’s largest paid video service JioHotstar crossed a major milestone in a market where media companies have struggled. https://bloom.bg/3FNTNox

📷: NurPhoto/NurPhoto

New Zealand is seeing “red hot” interest in its revamped golden visa program from the US and Europe as rising geopolitical tensions prompt wealthy people to consider options abroad. More here: https://bloom.bg/4jbM6qq

📷: Birgit Krippner/Bloomberg

The US government says China became the dominant force in shipbuilding by unfair means and wants American shipyards to start catching up. What’s the plan, and can it work? Read here: https://bloom.bg/4je5J1e

📷: Jaris Ho/Getty Images

President Trump will consider a proposal for divesting TikTok’s US operations from Chinese parent company ByteDance, just days ahead of a deadline for its sale, according to people familiar with the matter. https://bloom.bg/3YeBfUF

Peter Dutton is making his first bid for Australia’s top job in an election on May 3 as the world shifts rightward. The 54-year-old politician is promising to boost the economy, end "woke" cultural initiatives, and take a hard line on immigration. https://bloom.bg/3QZh8WE

🎙 India’s historic stock market rally has sparked a retail-investing frenzy.

It's also become a breeding ground for financial fraud, scamming victims out of their life savings.

Find out more on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

Val Kilmer, the brooding, versatile actor who played fan favorite Iceman in “Top Gun,” donned a voluminous cape as Batman in “Batman Forever” and portrayed Jim Morrison in “The Doors,” has died. He was 65. More: https://bloom.bg/42t7DFC

📷: EuropaNewswire/Gado/Archive Photos

The Trump administration calculated its raft of new tariffs primarily based on existing trade balances.

But the actual formula used isn’t how the White House initially signaled the calculations would be done. Here's the breakdown: https://bloom.bg/3R0eXlK

📷: Office of the United States Trade Representative

President Trump has slapped a 26% tariff on US imports from India, higher than the levies applied to goods from the European Union, Japan and South Korea.

Here's why, and what it means: https://bloom.bg/4iVvIed

Vietnam left reeling as “cruel” 46% Trump tariff crushes economic hopes https://bloom.bg/4cBoidP

🚨 LIVE NOW: President Donald Trump’s new reciprocal tariffs are set to hit some of world’s poorest countries the hardest. Can the emerging nations rival China's supply chain? Bloomberg's Nasreen Seria, Philip Heijmans, Shruti Srivastava, James Mayger answer your questions in a Live Q&A. https://bloom.bg/4lhUQxg