Juan Soto has decided to sign a record-breaking $765 million contract with the New York Mets, ESPN reports. This surpasses the total valuation of Shohei Ohtaniโs $700 million, 10-year contract with the Los Angeles Dodgers last December. Read more: https://bloom.bg/3OLJAKo
๐ท: Sarah Stier/Getty Images
๐ท: Sarah Stier/Getty Images
๐คฏ35๐13๐ฅ7๐ฑ2โค1
Singapore's sovereign wealth fund, known for its caution, is taking more private markets risk.
GIC's CEO reveals he's looking to invest more in the US and private equity. https://bloom.bg/3Zv9FCj
GIC's CEO reveals he's looking to invest more in the US and private equity. https://bloom.bg/3Zv9FCj
Bloomberg.com
Singaporeโs Cautious Wealth Fund Takes More Private Markets Risk
CEO Lim Chow Kiat offers a rare glimpse of GICโs strategy, including a US shift.
๐คฏ16๐13โค6๐1
BREAKING: UnitedHealthcare CEO murder suspect Luigi Mangione is charged with murder in New York https://bloom.bg/4g3g0wb
Bloomberg.com
Insurance CEO Shooting Suspect Charged With Murder in New York
Luigi Mangione was charged with murder in New York for the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson after a five-day manhunt over the killing.
๐ข34๐14๐ฑ8๐คฏ3โค2๐1
Japanโs megabanks are flush with cash and eager to invest.
Here's what they are doing with it: https://bloom.bg/49Cepek
Here's what they are doing with it: https://bloom.bg/49Cepek
๐25๐ค6๐ฑ3โค2๐ฅ2
One of Chinaโs best known makeup artists, Mao Geping, became a billionaire after his beauty company's hot debut in Hong Kong, defying the nationโs consumer slowdown. https://bloom.bg/3ZMRjhu
๐ท: Han Haidan/China News Service/Getty Images
๐ท: Han Haidan/China News Service/Getty Images
๐27โค8๐คฏ5๐ฑ1
EXCLUSIVE: The US is weighing harsher oil sanctions against Russia just weeks before Trump returns to office https://bloom.bg/3OOY4JG
๐56๐ฑ11๐6๐คฏ6โค5๐2๐ค2๐ข1
๐ South Koreaโs family-run conglomerates โ or chaebols โ 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
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
Podtrac
Big Take Asia
Weโre taking The Big Take to Asia. Each week, Bloombergโs 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.
๐18โค5
๐จ 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
Join our reporters for a Live Q&A. Ask questions here:
https://bloom.bg/41wAZmC
๐17โค2
A single cell. A global business worth billions. A trade that can bring rewardsโor 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 โegg girlsโ 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 eggsโand sometimes pay dearly: https://bloom.bg/3BsZRkA
๐ท: Illustrations by Magali Cazo
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 โegg girlsโ 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 eggsโand sometimes pay dearly: https://bloom.bg/3BsZRkA
๐ท: Illustrations by Magali Cazo
๐17๐ข16โค9๐ค6๐ฑ6
The viral success of South Korea's super-spicy Buldak ramen has helped make the company's CEO โ a former stay-at-home mom โ a billionaire. More here: https://bloom.bg/4iAhzmL
๐ท: Samyang Roundsquare
๐ท: Samyang Roundsquare
โค33๐19๐9๐3๐3
Once hailed as the planetโs 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
๐ท: Fiona Goodall/Bloomberg
Here's why: https://bloom.bg/3BqIiS5
๐ท: Fiona Goodall/Bloomberg
โค19๐12๐คฏ1
Elon Muskโs 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 Foundationโs latest tax filing, obtained Thursday by Bloomberg News. Read more: https://bloom.bg/3DeoguJ
๐ท: Tolga Akmen/EPA/Bloomberg
๐ท: Tolga Akmen/EPA/Bloomberg
๐59๐15๐ฑ14โค9๐คฏ9๐ค4๐ข4๐3๐ฅ2
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
๐39๐7๐ฅ4โค2๐2
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
๐35๐4โค2
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
๐ท: SeongJoon Cho/Bloomberg
๐ท: SeongJoon Cho/Bloomberg
๐81๐20๐16โค7๐ฏ7๐ฑ6๐ฅ2๐คฏ2๐ข1
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
Bloomberg.com
Private Banks Boost Hong Kong Hiring to Woo Rich Chinese Clients
Wealth managers are ramping up hiring in Hong Kong to cater to an inflow of mainland Chinese money.
๐ค14๐9โค7
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
๐ท: Bloomberg
Here's the outlook for their fortunes: https://bloom.bg/3OXVDED
๐ท: Bloomberg
๐24๐ฑ10๐4๐ค4๐ข2๐1
President Yoon Suk Yeolโs demise may have been swift and shocking, but he is just the latest in a growing list of South Korean leaders whoโve seen their fortunes turn after rising to power.
Hereโs a look back at the former heads of state and what happened to them: https://bloom.bg/3DeH3pv
Hereโs a look back at the former heads of state and what happened to them: https://bloom.bg/3DeH3pv
Bloomberg.com
Yoon Joins Growing List of Disgraced South Korean Presidents
President Yoon Suk Yeolโs demise may have been swift and shocking, but he is just the latest in a growing list of South Korean leaders whoโve seen their fortunes turn after rising to power.
๐19๐7๐6โค3๐2
NEW: A once-exiled son of Thailand's king says royals must allow criticism https://bloom.bg/4fgnY3G
โค21๐9๐ฑ3๐ข1
Weeks before Donald Trump returns to the White House, Chinaโs factories are expanding production abroad and growing their customer base outside the US as they gird for new levies from the self-proclaimed โtariff manโ https://bloom.bg/41BaCvG
Bloomberg.com
Chinaโs Factories Seek to Trump-Proof Business by Going Global
Weeks before Donald Trump returns to the White House, Chinaโs factories are expanding production abroad and growing their customer base outside the US as they gird for new levies from the self-proclaimed โtariff man.โ
โค20๐13๐5๐ฑ2๐ข1