JUST IN: China's Premier Li Qiang warns that the world could enter a "destructive spiral" over trade disruptions and defends his nation against overcapacity criticism: https://bloom.bg/4cAweKV

📷: Qilai Shen/Bloomberg

North Korea sent a new batch of around 350 balloons carrying trash across the border into South Korea, after Seoul said it detected parasites such as roundworms in the contents of previous dispatches: https://bloom.bg/3RLK9Wv

📷: Im Sun-suk/Yonhap/AP Photo

🚨 A Chinese spacecraft that landed on the far side of the moon is returning to Earth. Follow our live blog for the latest: https://bloom.bg/3RIrQBE

📷: CNSA/Xinhua via AP

Kenya protests: At least four people died after police fired on anti-government protesters who stormed Kenya’s parliament in the capital, where lawmakers were voting on controversial new tax measures. https://bloom.bg/3RDTnEo

Naira volatility: Nigeria’s central bank Governor Olayemi Cardoso said he's “relatively pleased” with the progress made in stabilizing the naira and believes the currency's excessive volatility may be a thing of the past. https://bloom.bg/3VACjjL

Coal delay: South Africa is risking $9.3 billion in climate finance by delaying the closing of a number of coal-fired power plants, a panel appointed by the country’s environment minister said. https://bloom.bg/3RJTjCR

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Who runs China? The country is governed through a labyrinth of committees, conferences and other bodies — here's a guide to understanding its complicated political universe: https://bloom.bg/4bpxiAi

🎙 27 years after Hong Kong was returned to China, we look at how Beijing is remaking the city’s identity and what that means for the future of the finance hub.

Listen to the Big Take Asia podcast https://link.podtrac.com/jxfy2rhy

An Indian government investigation found lapses in the corporate governance of Byju’s, but cleared the struggling online-education startup of financial fraud. Read more here: https://bloom.bg/3xomi8x

📷: Dhiraj Singh/Bloomberg

Nuclear anti-poaching: Beckham, a 1.7-ton rhino named after the English footballer, had a radioactive pellet drilled into his horn as a program to discourage poaching of the endangered animals in South Africa scales up. https://bloom.bg/3zk6uEe

Big chicken: Rainbow Chicken, a poultry firm backed by South African billionaire Johann Rupert, rose on its debut on the Johannesburg stock exchange, valuing the company at about $396 million. https://bloom.bg/3zfNp61

Kenya protests: The country’s sovereign dollar bonds are sinking as anti-government protests threaten to derail President William Ruto’s $2.3 billion plan to balance the budget and make the country’s debt sustainable. https://bloom.bg/3VZuoOr

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BREAKING: The Supreme Court will allow emergency abortions in Idaho, according to an opinion obtained by Bloomberg Law that appeared briefly online. Read more here: https://trib.al/dqwnckp

📷: Tierney L. Cross/Bloomberg via Getty Images

The era of big paychecks for Chinese financiers is fast coming to an end, as big firms impose $400,000 pay caps and claw back bonuses https://bloom.bg/3VYO58L

📷: Raul Ariano/Bloomberg

Ruto U-turn: Kenyan President William Ruto conceded to mass street protests and withdrew contentious new taxes. Now, he needs to figure out how to achieve fiscal targets set by the IMF. https://bloom.bg/3W19jmL

Coalition negotiations: Talks between South Africa’s two biggest political parties on forming a cabinet stalled after the African National Congress withdrew an offer to appoint a member of the smaller Democratic Alliance as trade and industry minister. https://bloom.bg/3xwLiuh

Bad omen: Morocco’s unrelenting dry spell is ushering in record wheat imports and risking fruit and vegetable sales abroad. https://bloom.bg/45K8jXp

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EXPLAINED: With a flip of a metaphorical light switch, India has joined the global finance machine. Here's a deep dive on the process, meaning and its impact on markets https://bloom.bg/3xMJBsB

Talks near deal: South Africa is close to concluding discussions on forming a government of national unity, the African National Congress said. The rand rallied. https://bloom.bg/3zmiwNv

ZiG tames inflation: Zimbabwe’s monthly consumer prices were unchanged as the nation’s stable bullion-backed currency helped put a lid on inflation. https://bloom.bg/4cEu2lM

Reparations: Namibia plans to set up a special purpose vehicle that descendants of victims of a 1904-1908 genocide will manage and control. https://bloom.bg/4eK96vc

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A Chinatown shophouse mural depicting a Samsui woman with a cigarette in hand ignited a brief but heated debate after some complaints that the woman depicted looked like a prostitute and demands that parts of it be painted over. That and more in our free-to-read Singapore Edition newsletter: https://bloom.bg/4cE5ZDo

📷: Roslan Rahman/AFP via Getty Images

New government: A broad rally in South African markets signaled investor relief after President Cyril Ramaphosa ended weeks of uncertainty by announcing a new cabinet that he said would prioritize economic growth. https://bloom.bg/3RRPKe5

Kenya protests: President William Ruto defended his decision to deploy the military to quell nationwide protests over the past two weeks that have left at least 24 people dead. https://bloom.bg/45JvwsJ

Corn exports: Tanzania will sell 650,000 tons of corn to Zambia after El Niño brought a severe dry spell in the neighboring country. https://bloom.bg/4bn6xfL

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

BREAKING: Hurricane Beryl reaches Category 5 strength, the earliest ever in the Atlantic in the calendar year, as the storm heads toward Jamaica https://bloom.bg/45MRv1E

Death toll: Anti-government protests in Kenya left 39 people dead and hundreds more injured, according to an updated count by the country's National Commission on Human Rights. Demonstrations resumed in various cities on Tuesday. https://bloom.bg/3L4TpBv

Bankers protest: Democratic Republic of Congo’s banks are urging authorities to rethink requirements for lenders to diversify their shareholdings by as much as 45%, saying the regulation is impractical. https://bloom.bg/3zr5ApD

Mining spill: Endeavour Mining is studying the damage from the leak of poisonous liquid at its second-biggest mine located in southern Ivory Coast. https://bloom.bg/4cswDQ6

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

🎙 Bankers at China’s oldest investment bank, CICC, are pledging their loyalty to the Communist Party. What does that mean for its future?

Listen to the Big Take Asia podcast https://link.podtrac.com/jxfy2rhy

Bankers at China’s top investment bank are saying goodbye to fat paychecks and hello to Communist Party membership, in a shift away from its Wall Street-style playbook. Here's why https://bloom.bg/3LctYhn

📷: Chau Luong for Bloomberg Businessweek

Pirate attacks: Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in both number and force. https://bloom.bg/45SnugX

Coal pact: South Africa is seeking to alter the terms of a landmark agreement tied to $2.6 billion in financing, under which it promised to cut its reliance on coal. https://bloom.bg/3VX3LbI

Travel boom: Oil and gas discoveries in Namibia are transforming the nation into a high-end business travel destination. https://bloom.bg/4bzQECJ

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday