US authorities have been probing Indian companies trading chemicals used to make fentanyl but with little success. https://bloom.bg/4pw0iOd

📷: Johannes Eisele/AFP/Getty Images

An AI-enabled teddy bear sold by a Singapore-based company is back on the shelves after researchers discovered it chats unprompted about sexual fetishes and other unsuitable topics. https://bloom.bg/3M4UYmv

📷: FoloToy

Hong Kong’s leader is holding a briefing as the city's deadliest fire in decades kills at least 55. Follow our live blog for the latest news and analysis: https://bloom.bg/43UuytR

🚨LIVE NOW: Bloomberg reporters answer your questions in a Live Q&A about RBI's intervention to stabilize the Indian rupee after its biggest drop since 2022. https://bloom.bg/43VLQH7

Illegal Bitcoin mining in Malaysia has become so prolific that authorities are deploying drones with thermal imaging to search for unusual power use. More here: https://bloom.bg/3Xz5HYZ

📷: Deputy Minister of PETRA’s Office

🎙️ President Trump's tariff war with China sent US firms scrambling to find new manufacturing hubs. India looked ideal, until the White House changed course.

On today’s Big Take Asia podcast, how shifting trade policies are undermining India's push to become the world’s next factory: https://link.podtrac.com/jxfy2rhy

Chinese AI startup MiniMax spent its first three years largely on the sidelines of AI development. While rivals chased local ChatGPT clones, it was tackling a harder problem: building a single model capable of processing text, speech and video. Now, the $619 million IPO crystallizes a surge in wealth for its founder Yan Junjie. https://bloom.bg/3Z4mKmo

📷️: Lam Yik/Bloomberg

US Commerce Secretary Howard Lutnick says a trade deal with India did not materialize last year because Prime Minister Narendra Modi did not call President Donald Trump. https://bloom.bg/49ncFHr

📷: Prakash Singh/Bloomberg

As Indian investors nurse losses in high-momentum favorites, the focus is shifting back to good old earnings. The so-called quality factor — stocks with strong profitability and balance sheets — is set to regain favor after two years of underperformance, according to Bernstein’s quant team.

Our new Markets Daily India newsletter explores what traders are looking at: https://bloom.bg/4pzl7bm

🎙️ Amid Iran’s brutal crackdown on protesters, President Trump threatened to slap a 25% tariff on its trading partners.

Find out why the move puts China and India firmly in his trade war crosshairs, yet again, on the Big Take Asia podcast with K. Oanh Ha and Daniel Ten Kate: https://link.podtrac.com/jxfy2rhy

🎙️ Trillions of dollars in Japanese assets are held by elderly citizens at risk of cognitive decline.

On the latest Big Take Asia podcast, K. Oanh Ha and Bloomberg’s Alice French discuss what this "dementia money cliff" means for the nation and the broader global economy: https://link.podtrac.com/jxfy2rhy

🎙️ From sinking Treasuries to global selloffs, the turmoil in Japan’s bond market is being felt far beyond its borders.

Find out how the crash is rattling international investors and why markets are still on tenterhooks on today’s Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

🚨 LIVE NOW: Modi's budget delivers a double shock: a shield against Trump's tariffs and a tax hike on India's booming F&O market. Bloomberg's Menaka Doshi, Shruti Srivastava, Chiranjivi Chakraborty and Subhadip Sircar analyze the impact in a Live Q&A. Join and ask your questions: https://bloom.bg/4kg2isC

A new AI automation tool from Anthropic sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday as investors raced to dump shares with even the slightest exposure. https://bloom.bg/49UxtGo

📷: Michael Nagle/Bloomberg

🚨 LIVE NOW: Modi secured a surprise trade deal with Trump, boosting the rupee and offering relief to conglomerates. But did Indian refiners lose their access to Russian oil? Bloomberg's Laura Davison, Shruti Srivastava, Alex Gabriel Simon, Rakesh Sharma answer your questions in a Live Q&A on the winners and losers. https://bloom.bg/3NTBfY5

The saga of a contested gold mine shows how President Prabowo Subianto is putting Indonesia on a collision course with global markets. https://bloom.bg/4ryeO9a

📷: Krisztian Bocsi/Bloomberg