Jimmy Carter, the former Georgia peanut farmer who as US president brokered a historic and lasting peace accord between Israel and Egypt in a single term marred by soaring inflation, an oil shortage and Iran’s holding of American hostages, has died, the Washington Post reported. He was 100. Read more here: https://bloom.bg/3DzZJQV
📷: Scott Cunningham/Getty Images
Babies exposed to Covid in utero may face a higher risk of autism, a study shows, adding to a list of long-term health consequences from the virus. Read more here: https://bloom.bg/4iLITPf
📷: STR/AFP/Getty Images
How natural disasters and price-fixing crashed the world's fourth-largest insurance market. Read The Big Take here: https://bloom.bg/4fuRQt7
📷: Jiji Press/AFP/Getty Images
President Joe Biden signed funding legislation to keep the US government operating until mid-March, avoiding a year-end shutdown and kicking future spending decisions into Donald Trump’s presidency https://bloom.bg/4gNdOsp
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Elon Musk is turning to a Boring Co. executive and tech loyalists to help hire staff for the Department of Government Efficiency under Trump. More here: https://bloom.bg/49IjS32
📷: Al Drago/Bloomberg
China’s billionaires are slowly starting to recover their wealth after three years of losses, with tech tycoons leading the rebound.
The combined fortunes of 55 of the nation’s wealthiest tracked by the Bloomberg Billionaires Index have risen 16% to $809.6 billion since the beginning of January. More here: https://bloom.bg/4gAz7gE
📷: Bloomberg
🎙 China has been trying all sorts of ways – and pouring tons of money – to solve its housing crisis.
Find out on the Big Take Asia Podcast whether these government efforts are working, and what it will mean for China’s economy if the big push fails. https://link.podtrac.com/jxfy2rhy
“Bonuses are being paid later each year and getting smaller.”
Here's why Chinese investment bankers are struggling to stay relevant and thinking about transitioning to new careers: https://bloom.bg/407mFQt
📷: Qilai Shen/Bloomberg
Weeks before Donald Trump returns to the White House, China’s factories are expanding production abroad and growing their customer base outside the US as they gird for new levies from the self-proclaimed “tariff man” https://bloom.bg/41BaCvG
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President Yoon Suk Yeol’s demise may have been swift and shocking, but he is just the latest in a growing list of South Korean leaders who’ve seen their fortunes turn after rising to power.
Here’s a look back at the former heads of state and what happened to them: https://bloom.bg/3DeH3pv
NEW: Wealth managers are ramping up hiring in Hong Kong to cater to an inflow of mainland Chinese money. More here: https://bloom.bg/3OUVzFA
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South Korea's parliament is voting for a second time to impeach President Yoon over his short-lived attempt to impose martial law. Follow live updates: https://bloom.bg/41z9VD3
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Elon Musk’s charitable foundation ballooned to $9.5 billion in assets last year while handing out $237 million in gifts, most of which went to other entities controlled by the Tesla CEO. The figures are part of the Musk Foundation’s latest tax filing, obtained Thursday by Bloomberg News. Read more: https://bloom.bg/3DeoguJ
📷: Tolga Akmen/EPA/Bloomberg
The viral success of South Korea's super-spicy Buldak ramen has helped make the company's CEO — a former stay-at-home mom — a billionaire. More here: https://bloom.bg/4iAhzmL
📷: Samyang Roundsquare
🚨 LIVE NOW: South Korea's powerful conglomerates are facing a revolt of their own as the country reels from the political fallout over a brief martial law.
Join our reporters for a Live Q&A. Ask questions here:
https://bloom.bg/41wAZmC
Trump's tariff threats are setting off a global supply chain "freakout" that’s leaving companies prone to bottlenecks — and more vulnerable to economic shocks. Read the latest Big Take here: https://bloom.bg/4fCba7O
📷: Qilai Shen/Bloomberg
🎙From video games to a reality TV spinoff, Netflix has been trying to turn its Squid Game series into a global franchise. Rebecca Choong Wilkins speaks with Sohee Kim and Lucas Shaw about its big bet and the new season on The Big Take Asia podcast. https://link.podtrac.com/jxfy2rhy
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SoftBank’s billionaire founder Masayoshi Son surprised the world with a $100 billion AI plan in the US. But can he beat Nvidia? Read The Big Take here: https://bloom.bg/3VRNxBi
📷: Bloomberg Daybreak/Getty Images
China's Pop Mart has been on a tear this year, beating global peers like Disney and Sanrio. The secret: collectible dolls.
Here's how the company turned a cult following among China’s Gen Z into a global phenomenon: https://bloom.bg/3VQ4o7A
📷: Na Bian/Bloomberg
China’s property slump is getting worse. The government’s failure to stop falling prices is most evident in the city that has tried the hardest to reverse the trend. Read more: https://bloom.bg/4gC3S4Y
📷: Yufan Lu
“Everything has happened at lightning speed from beginning to end."
The swift fall of South Korea's president gestures at the nation's "palipali" culture. Koreans aren't afraid of bold pivots and voicing their displeasure to make a change. More here: https://bloom.bg/3Dl9mmp
📷: Jean Chung/Bloomberg
LATEST: Nissan shares jump as much as 24% while Honda’s fall up to 3.4% after reports of a potential merger to challenge the world's biggest carmaker https://bloom.bg/4iJufYw
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Activist investors are buying more Japanese stocks than ever before, giving them stronger influence in shaping the country's biggest companies https://bloom.bg/4ghNS8B
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NEW: A once-exiled son of Thailand's king says royals must allow criticism https://bloom.bg/4fgnY3G
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NEW: Indian tycoons Mukesh Ambani and Gautam Adani have tumbled out of the elite centibillionaires club.
Here's the outlook for their fortunes: https://bloom.bg/3OXVDED
📷: Bloomberg
BREAKING: South Korean lawmakers have voted to impeach President Yoon Suk Yeol, less than two weeks after he shocked the nation by briefly imposing martial law: https://bloom.bg/4gf6IwT
📷: SeongJoon Cho/Bloomberg
Singapore has embraced cryptocurrency more than any other country - but it's been a bumpy ride. Find out why in this week's free Singapore Edition newsletter: https://bloom.bg/41zZ8J4
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Once hailed as the planet’s greatest retailer, Greg Foran could now make a reasonable claim to be the hardest working man in aviation.
Here's why: https://bloom.bg/3BqIiS5
📷: Fiona Goodall/Bloomberg
A single cell. A global business worth billions. A trade that can bring rewards—or human costs that cannot be measured.
The human egg is a precious resource, exchanged in markets open, gray or black. To tell its story, we follow a teenage girl in India, lured into selling her eggs; a model in Argentina whose genetic makeup is prized; a mother in Greece, told by police that her eggs were stolen; and two “egg girls” from Taiwan who have put themselves at risk to earn money in the US.
Click here to learn how, to supply a fertility industry worth billions, women around the world get paid for their eggs—and sometimes pay dearly: https://bloom.bg/3BsZRkA
📷: Illustrations by Magali Cazo
🎙 South Korea’s family-run conglomerates – or chaebols – have until now been seen as largely untouchable.
On the latest Big Take Asia Podcast, listen to how a takeover bid for one of these chaebols is rattling the richest families in Korea, at a time of wider political turmoil: https://link.podtrac.com/jxfy2rhy
