Bloomberg

Israel launched airstrikes on Iran, in a major escalation in the standoff over Tehran’s atomic program that risks sparking a new war in the Middle East. Read more here: https://bloom.bg/4kXwYOm

📷: BEHROUZ MEHRI/AFP

🎙 Japan is experiencing an intense talent war as recruiters for Wall Street banks court new hires with increased salaries, fancy dinners and other perks.

Find out more on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

Trump's tariffs threaten the world's biggest carmakers with Toyota, Honda, Subaru and others bracing for a profit hit of more than $19 billion. Read more here: https://bloom.bg/4e33soc

The US ordered some staff to depart the embassy in Baghdad and allowed military service members’ families to leave the Middle East, officials said. Read here: https://bloom.bg/3FLviss

For months, Trump pushed tariffs and trade restrictions on China to unprecedented levels to force Xi into talks. Now, Beijing has shown it can fire back, using its control over rare earth exports. Read here: https://bloom.bg/3FR8ese

📷: SeongJoon Cho/Bloomberg

Singapore-based Jetstar Asia will close next month, freeing up as much as $327 million to fund owner Qantas’s fleet renewal program. Read more here: https://bloom.bg/3HAMm52

📷: Brent Lewin/Bloomberg

Chinese banks have scaled back travel perks since last year, barring staff from flying business class and booking pricey hotels.

That’s giving domestic chains a boost: https://bloom.bg/3FYgGpw

BREAKING: Donald Trump's global tariffs can continue for now, a US federal appeals court says. Read more here: https://bloom.bg/4mNocEm

The US and China deescalated trade tensions, agreeing to a preliminary deal on how to implement the consensus the two sides reached in Geneva, negotiators for both sides said. Read more here: https://bloom.bg/4kU29do

📷: Chris J. Ratcliffe/Bloomberg

Mark Zuckerberg, frustrated with Meta’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and engineers who’ve met with him in recent weeks at his homes in Lake Tahoe and Palo Alto. Read more here: https://bloom.bg/4451obT

📷: David Paul Morris/Bloomberg

Shares of Chinese defense companies rallied, after Pakistan said it intends to buy one of the Asian power’s most-advanced fighter jets as a part of major arms purchase. See the list of everything Pakistan said it would acquire from China: https://bloom.bg/4ky1aA1

📷: Qilai Shen/Bloomberg

Israel intercepted a humanitarian aid ship trying to reach Gaza that was carrying activists including Swedish climate advocate Greta Thunberg, the group operating the vessel says. Read more here: https://bloom.bg/4ku5vE7

📷: Fabrizio Villa/Getty Images Europe

Scale AI, the startup that Meta is in talks to invest billions of dollars in, has rapidly gained influence in both tech and policy circles. Here's what the company does and where it came from: https://bloom.bg/3ZiFsHB

📷: David Paul Morris/Bloomberg

China's EV industry is experiencing a price war, with share prices tumbling and the government intervening to prevent price cuts. Read more here: https://bloom.bg/3SD4xcy

Demonstrations over US immigration raids escalated for a third day in the Los Angeles area, as thousands of protesters clashed with security forces and tear gas filled the air outside a downtown federal detention center. Read more here: https://bloom.bg/447dEsn

From the tuition boom and student burnout to a minister's dismay over a S$52,000 clinic bid, soaring costs are a hot topic in Singapore.

This week's free Singapore Edition newsletter dives into the price of education & healthcare in the city-state: https://bloom.bg/43Qn6Pu

BREAKING: Judge blocks Donald Trump from banning Harvard University's international students from entering the US for now. https://bloom.bg/4dPWouQ

BREAKING: Elon Musk takes X user's advice to “cool off” and says he won’t decommission SpaceX’s Dragon spacecraft, reversing earlier decision. https://bloom.bg/4jCpyim

President Donald Trump signed an executive action that prevents foreign nationals from entering the US to study at Harvard University, accusing the school of failing to implement discipline on campus and fostering a dramatic rise in crime. Read more here: https://bloom.bg/4kWYUSJ

President Donald Trump directed aides to investigate whether former President Joe Biden’s staff conspired to hide information about his health from the public and enacted any executive actions without his predecessor’s knowledge. Read more here: https://bloom.bg/4kNVgdx