Wealthy Americans hoping to take advantage of New Zealand’s golden visa program are hoping the government will soon relax a ban on house sales to foreigners, advisers say. Read more here: https://bloom.bg/4krh5Q2
Bloomberg.com
Rich Americans Ready to Swoop In If New Zealand Relaxes Home-Buying Ban
Wealthy Americans eying New Zealand as a haven are hoping the government will soon relax a ban on house sales to foreigners, according to advisers.
Oil jumped on a report that US intelligence suggests Israel is making preparations to strike Iranian nuclear facilities. Read more here: https://bloom.bg/4mrtwx6
EXCLUSIVE: Former Malaysian PM Najib Razak met executives before the 2002 signing of a $1.2 billion submarine deal to prepare contracts designed to remunerate himself and others, French financial prosecutors alleged last year. Read more here: https://bloom.bg/4k7uYDg
Bloomberg.com
French Prosecutors Claim Najib Had Role in 2002 Submarine Deal Bribes
Allegations against former Malaysian prime minister are in 2024 court document. Prosecutors haven’t recommended that Najib stands trial.
Mexico's President Claudia Sheinbaum was already grappling with a massive security crisis when two close aides to Mexico City Mayor Clara Brugada were shot and killed in a targeted attack in the nation's capital. Read more here: https://bloom.bg/4klKISE
Bloomberg.com
Bloody Murders in Quiet Neighborhood Shatter Mexico City’s Calm
In the vast swaths of Mexico controlled by drug cartels, public executions and mass graves have long been the norm. Mexico City has largely been a haven from the goriest headlines.
🎙 Despite the global hype around China’s DeepSeek, very little is known about the man behind it – Liang Wenfeng.
Find out more about the founder who led the company to the frontline of AI advances on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Find out more about the founder who led the company to the frontline of AI advances on the Big Take Asia Podcast: 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.
Philippine President Ferdinand Marcos Jr. has called for the courtesy resignation of all his Cabinet secretaries in a push to “recalibrate” his administration following his slate’s underwhelming performance at last week’s Senate election. Read more here: https://bloom.bg/43OChsL
Bloomberg.com
Philippines’ Marcos Tells All Ministers to Quit in ‘Bold Reset’
Philippine President Ferdinand Marcos Jr. has told his entire Cabinet to resign, announcing a bid to “recalibrate” his administration after an underwhelming performance by his allies in last week’s Senate election.
Singapore’s government said it rejects attempts by foreign embassies in the city-state to “incite domestic reactions on international issues involving third countries.” Read more here: https://bloom.bg/3ZscAMU
Bloomberg.com
Singapore Warns Foreign Embassies Against Stirring Up Reactions
Singapore signaled displeasure at embassies attempting to evoke a public response, after the US and Chinese missions to the city-state posted dueling social media videos lashing out at one another on issues from the Panama Canal to the South China Sea.
A discount chain with signature red storefronts has drawn legions of Malaysians looking for good deals — and made its founder a billionaire. Read more here: https://bloom.bg/45s0CXo
Bloomberg.com
Dollar-Store Billionaire Poised to Emerge From Malaysia IPO
A discount chain with signature red storefronts has drawn legions of Malaysians looking for good deals — and made its founder a billionaire.
BREAKING: Two members of the Israeli Embassy’s staff were fatally shot outside the Capital Jewish Museum in Washington on Wednesday night, Homeland Security Secretary Kristi Noem said. Read more here: https://bloom.bg/4k9g8MC
Bloomberg.com
Two Israeli Embassy Staffers Killed in Washington Shooting
Two members of the Israeli Embassy’s staff were killed outside the Capital Jewish Museum in Washington on Wednesday night by a gunman who chanted “Free, Free Palestine,” officials said, condemning the attack as an antisemitic hate crime.
EXCLUSIVE: Xi Jinping is considering a new version of his Made in China plan to keep a firm grip on manufacturing, even as Trump pushes to revive US factories. Read more here: https://bloom.bg/43Kf8IO
Bloomberg.com
Xi Weighs a New Made-in-China Plan Despite US Call to Rebalance
President Xi Jinping’s government is considering a new version of its master plan to boost production of high-end technological goods, according to people familiar with the matter, signaling its intention to keep a firm grip on manufacturing as President…
EXCLUSIVE: Ray Dalio won’t be an adviser to Indonesia’s new sovereign wealth fund Danantara, people familiar with the matter said, just two months after officials announced the billionaire’s involvement. Read more here: https://bloom.bg/43DErLv
Bloomberg.com
Dalio Won’t Join Indonesia Fund as Adviser in Blow to Prabowo
Ray Dalio won’t be an adviser to Indonesia’s new sovereign wealth fund Danantara, people familiar with the matter said, just two months after officials announced the billionaire’s involvement.
LATEST: SpaceX’s colossal Starship rocket suffered a leak, tumbled out of control in space and exploded during a test flight, in a third straight major setback for the Elon Musk-led company. Read more here: https://bloom.bg/3T07B2k
Bloomberg.com
SpaceX Starship Rocket Explodes in Third Straight Setback
SpaceX’s colossal Starship rocket suffered a leak, tumbled out of control in space and exploded during a test flight on Tuesday, in a third straight major setback for the Elon Musk-led company.
🎙 As Donald Trump tries to remake global trade, the dollar’s historic dominance in Asia is unwinding.
Find out what’s driving Asia’s de-dollarization and what it means for the region’s biggest economies on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Find out what’s driving Asia’s de-dollarization and what it means for the region’s biggest economies on the Big Take Asia Podcast: 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.
“The Sergey Brins of the world came as students and did wonders for the US economy.”
Former Reserve Bank of India Governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities. Read here: https://bloom.bg/4kfKnBF
Former Reserve Bank of India Governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities. Read here: https://bloom.bg/4kfKnBF
Bloomberg.com
Raghuram Rajan Warns US Risks Future by Curbing Foreign Students
Former Reserve Bank of India Governor Raghuram Rajan warned about the long-term risks to the US economy if politics eroded the pipeline of international students to American universities.
LATEST: The Trump administration is appealing a trade court ruling that blocked its global tariffs, deeming they are illegal. Read more here: https://bloom.bg/3HhCPzK
Bloomberg.com
Trump Global Tariffs Deemed Illegal, Blocked by Trade Court
President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of the Republican’s economic agenda.
Elon Musk says his time as a formal adviser to Trump is coming to an end, raising questions about the future of the DOGE effort he led. Read here: https://bloom.bg/4mCQfpV
Bloomberg.com
Musk Departs DOGE, Leaving Cost-Cutting Effort’s Legacy in Doubt
Billionaire Elon Musk said Wednesday that his time as formal adviser to President Donald Trump is coming to a close, raising questions about the future of the Department of Government Efficiency effort he spearheaded.
Hong Kong bankers have become fixated on an $11 billion loan deal with unusually high stakes for the financial hub. Read more here: https://bloom.bg/43BXUw2
Bloomberg.com
Hong Kong Bankers on Edge Over $11 Billion New World Refinancing
Hong Kong bankers have become fixated on an $11 billion loan deal with unusually high stakes for the financial hub.
Karol Nawrocki, a nationalist candidate backed by Donald Trump, is on course to win Poland’s presidential election, defeating the centrist mayor of Warsaw in a blow to the country’s pro-European Union government. Read more here: https://bloom.bg/43Fv25Z
Bloomberg.com
Polish Nationalist Moves Ahead in President Vote, New Poll Shows
A nationalist candidate backed by Donald Trump was on course to win Poland’s presidential election, defeating the centrist mayor of Warsaw in a blow to the country’s pro-European Union government.
Donald Trump is eager to land more trade deals, but talks with China and Europe continue to languish amid communications breakdowns and fresh tariff threats. Read more here: https://bloom.bg/4kqFO7z
📷: Francis Chung/Politico/Bloomberg
📷: Francis Chung/Politico/Bloomberg
Breaking: South Korea’s Kim Moon-soo has conceded defeat to Lee Jae-myung in the presidential election. Follow our coverage: https://bloom.bg/4klO9ct
📷: SeongJoon Cho/Bloomberg
📷: SeongJoon Cho/Bloomberg