π A Bloomberg investigation shows China is building data centers in the remote Xinjiang region to fuel its AI ambitions β and looking to buy 115,000 Nvidia chips banned by the US to power them.
Listen to the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
Listen to the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
Weβre taking The Big Take to Asia. Each week, Bloombergβs 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.
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NEW: Thailand is known for its scenic beaches, Buddhist temples, and vibrant nightlife.
However, it also serves as a cautionary tale of a society where democratic institutions crumble, leaving oligarchs to fight it out. Read The Big Take: https://bloom.bg/4lkOjBm
π·: Seksan Rochanametakul/SOPA Images/LightRocket via Getty Images
However, it also serves as a cautionary tale of a society where democratic institutions crumble, leaving oligarchs to fight it out. Read The Big Take: https://bloom.bg/4lkOjBm
π·: Seksan Rochanametakul/SOPA Images/LightRocket via Getty Images
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Singapore students face intense interviews and grueling workloads just to join campus finance clubs βall in the hope of securing increasingly scarce banking jobs. Read more here: https://bloom.bg/3GrxCoT
π·: Shannon Chong
π·: Shannon Chong
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Meta has made unusually high compensation offers to new members of its "superintelligence" team β including a more than $200 million package for a former Apple distinguished engineer.
Apple didnβt try to match the offer, as it far exceeds pay at the company for leaders other than CEO Tim Cook. More here: https://bloom.bg/4ktU7HG
π·: David Paul Morris/Bloomberg
Apple didnβt try to match the offer, as it far exceeds pay at the company for leaders other than CEO Tim Cook. More here: https://bloom.bg/4ktU7HG
π·: David Paul Morris/Bloomberg
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π Mahathir Mohamad, Malaysiaβs longest-serving prime minister, turned 100 this week.
Bloombergβs Mishal Husain asked the former leader about aging, US tariffs and Beijing's tactics in the South China Sea.
Listen to interview on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Bloombergβs Mishal Husain asked the former leader about aging, US tariffs and Beijing's tactics in the South China Sea.
Listen to interview on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
Weβre taking The Big Take to Asia. Each week, Bloombergβs 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.
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LATEST: President Trump said the US will send Ukraine more Patriot missiles, which Kyiv has said it needs to protect itself from Russian airstrikes. Read here: https://bloom.bg/44MsL9U
Bloomberg.com
Trump Says He Plans to Send Patriot Missiles to Ukraine
President Donald Trump said the US will send more Patriot air-defense batteries to Ukraine, which Kyiv has said it needs to protect itself from Russian airstrikes.
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Tesla is opening its first India showroom as Elon Muskβs electric-vehicle maker looks to ply new markets and offset slowing sales where itβs already well established. More here: https://bloom.bg/44ujSmp
Bloomberg.com
Teslaβs Long-Awaited India Debut Bets on Luxury Vehicle Buyers
Tesla Inc. is opening its first India showroom as Elon Muskβs electric-vehicle maker looks to ply new markets and offset slowing sales where itβs already well established.
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BREAKING: Chinaβs economy held steady in the second quarter as exports shifted to markets outside the US.
Follow our live coverage: https://bloom.bg/4lQ5Pxd
Follow our live coverage: https://bloom.bg/4lQ5Pxd
Bloomberg.com
Chinaβs Economy Holds Steady as Exports Shift Outside US
China Releases Q2 GDP and Key Economic Data: Live Updates
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π A leaked phone call between Thailandβs Prime Minister Paetongtarn Shinawatra and Cambodiaβs Hun Sen set off a dramatic chain of events that could reshape Thai politics.
Find out more on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Find out more on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
Weβre taking The Big Take to Asia. Each week, Bloombergβs 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.
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The secretive family behind Tetra Pak has been quietly amassing billions in stocks across the globe.
The scale of these bets, which hasnβt previously been reported, highlight the growing sophistication in how some of the worldβs richest families manage their money. Read more here: https://bloom.bg/4kFxAYk
π·: Mike Egerton/PA Images/Getty Images
The scale of these bets, which hasnβt previously been reported, highlight the growing sophistication in how some of the worldβs richest families manage their money. Read more here: https://bloom.bg/4kFxAYk
π·: Mike Egerton/PA Images/Getty Images
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Fired. Reinstated. He still doesn't know why.
One US Centers for Disease Control and Prevention official on what it's like to work for the agency under Donald Trump: https://bloom.bg/4lRRBvL
π·: David Ryder/Bloomberg
One US Centers for Disease Control and Prevention official on what it's like to work for the agency under Donald Trump: https://bloom.bg/4lRRBvL
π·: David Ryder/Bloomberg
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Larry Ellison is the worldβs second-wealthiest person for the first time ever, according to the Bloomberg Billionaires Index, as a red-hot rally in Oracleβs share price has catapulted his net worth to $251.2 billion. Read more here: https://bloom.bg/4549amK
π·: David Paul Morris/Bloomberg
π·: David Paul Morris/Bloomberg
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A large-scale luxury development in Singapore sold only a tiny fraction of units when it started accepting bookings, reflecting the struggles of the priciest segment in the city-stateβs otherwise stratospheric property market.
The W Residences Marina View condominium began pre-sales last Saturday, and buyers booked only two of its 683 units over the weekend, according to people familiar with the matter. More here: https://bloom.bg/44R3MSR
π·: IOI Properties Group Berhad
The W Residences Marina View condominium began pre-sales last Saturday, and buyers booked only two of its 683 units over the weekend, according to people familiar with the matter. More here: https://bloom.bg/44R3MSR
π·: IOI Properties Group Berhad
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The Late Show with Stephen Colbert will air its last episode in May of next year, marking the end of the late-night franchise, Paramount Globalβs CBS network said https://bloom.bg/45a4T1d
π·: Scott Kowalchyk/CBS/Getty Images
π·: Scott Kowalchyk/CBS/Getty Images
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It's a privately controlled company so clandestine that it doesnβt publicly identify a leader at the top. A staffer who once tried to track down an email list of governing partners recalled giving up, learning that Jane Street doesnβt want something like that circulating, not even to people working there.
Now rivals are picking its money-making secrets apart after a regulator in India announced a bombshell $564 million seizure of proceeds from what Jane Street once labeled its most profitable trading strategy. Read more here: https://bloom.bg/4ffZ465
π·: Jane Street
Now rivals are picking its money-making secrets apart after a regulator in India announced a bombshell $564 million seizure of proceeds from what Jane Street once labeled its most profitable trading strategy. Read more here: https://bloom.bg/4ffZ465
π·: Jane Street
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BREAKING: Trump says the US has reached a trade deal with Japan, setting a 15% tariff on Japanese goods. Read more here: http://bloom.bg/450iFCu
Bloomberg.com
Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15%
President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from the key American ally, while creating a $550 billion fund to make investments in the US.
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ποΈ Top EU leaders are headed to Beijing this week, for a major summit that could reshape relations between China and Europe for years to come.
On todayβs Big Take Asia podcast: how Trumpβs trade war is recalibrating geopolitical ties: https://link.podtrac.com/jxfy2rhy
On todayβs Big Take Asia podcast: how Trumpβs trade war is recalibrating geopolitical ties: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
Weβre taking The Big Take to Asia. Each week, Bloombergβs 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.
π25π€11β€10π€―4π4π₯3π’2
Air India Flight AI 171 was airborne for just 32 seconds on June 12 before disaster struck. But the key to unlocking what brought down Boeingβs most advanced jetliner may lie in a chilling 10-second gap buried in the crash probeβs timeline. Read more here: https://bloom.bg/453aeWO
Illustration: Christian Capestany, π·: Bloomberg
Illustration: Christian Capestany, π·: Bloomberg
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ποΈ China has launched construction on a $167 billion Mega-Dam in Tibet.
On todayβs Big Take Asia podcast: What the controversial project could mean for its neighboring countries and Beijingβs energy ambitions: https://link.podtrac.com/jxfy2rhy
On todayβs Big Take Asia podcast: What the controversial project could mean for its neighboring countries and Beijingβs energy ambitions: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
Weβre taking The Big Take to Asia. Each week, Bloombergβs 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.
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The story behind the kidnapping and disappearance of a Malaysian tycoon's wife in broad daylight β recounted from court filings, press statements and local media reports β left the nation stunned. Read more here: https://bloom.bg/3H2OhiQ
π·: Samsul Said/Bloomberg; Courtesy of the familyβs lawyer
π·: Samsul Said/Bloomberg; Courtesy of the familyβs lawyer
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BREAKING: The ex-CEO of eFishery has been detained by Indonesian police after he previously admitted to faking financial information. Read more here: https://bloom.bg/40Ptp5g
Bloomberg.com
Indonesia Police Detain Ex-eFishery CEO Who Faked Data, Two Others
Indonesian police have detained the co-founder of eFishery Pte, investigating a startup whose collapse shook up Southeast Asiaβs investment and tech community.
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