Bloomberg

China's once-a-decade military parade showed off a slew of missiles, a directed-energy weapon for taking out drones and — for good measure — robot dogs. See what stood out: https://bloom.bg/3JHyC9E 📷: Qilai Shen/Bloomberg

North Korean leader Kim Jong Un’s teenage daughter made her international debut in China this week, with her unprecedented appearance abroad intensifying speculation she is being groomed as his eventual successor. More here: https://bloom.bg/45OufSU 📷: Korean Central News Agency/Korea News Service/AP Photo

🎙️ As Beijing flexes its might at its first military parade in years, behind the scenes, President Xi Jinping is orchestrating an unprecedented purge of generals. Find out what the shakeup could mean for China and the world on the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy

Prime Minister Narendra Modi used his first trip to China in seven years to reset relations with India’s powerful neighbor while also seeking to strengthen ties with Russia as President Donald Trump ratchets up tensions with New Delhi. Read more here: https://bloom.bg/4g4ZGfd

When Xi Jinping gathers his closest international allies for one of the landmark summits of his more than a decade-long rule, many will be seeking reassurance after emerging scarred from conflicts. They may not get it. Instead, China’s president is likely to dwell more on what’s ahead for the Shanghai Cooperation Organisation, at a time when Trump tries to hem in Beijing’s ambitions and upends US alliances with the likes of India. Read more here: https://bloom.bg/47iYhiL 📷: Maxim Shipenkov/Pool/AFP/Getty Images

Crypto investor Balaji Srinivasan wants to design a new kind of nation state. A troubled development in Malaysia has become a testbed for his ideas. Read more here: https://bloom.bg/4g0HNxR 📷: Chan Long Hei/Bloomberg

Singapore will start classifying some substances used in vape pods as controlled drugs from next month, paving the way for stiffer penalties. Read more here: https://bloom.bg/41Usili 📷: Hollie Adams/Bloomberg

🎙️ Shipyards across South Korea are busier than they’ve been in years, thanks, in part, to a $150 billion commitment by Seoul to revive America’s shipbuilding industry. Could the alliance help counter China’s maritime dominance? Listen to the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

Correction: Trump threatens additional tariffs and export restrictions on advanced US tech in retaliation against countries with digital taxes. Read more here: https://bloom.bg/4lJ1Dis

BREAKING: Donald Trump threatens additional tariffs and export restrictions on chips and other advanced tech from countries with digital taxes. Read more here: https://bloom.bg/4lJ1Dis

BREAKING: Donald Trump says Fed Governor Lisa Cook will be removed from her position effective immediately https://bloom.bg/3HU2S0l 📷: Al Drago/Bloomberg

Soaring temperatures and humidity are creating a deadly heat crisis across India, where sweat can’t evaporate and bodies can't cool. Bloomberg visited a hospital struggling to cope with the impact of heat stress. Read the full investigation: https://bloom.bg/3HProja 📷: Kanishka Sonthalia/Bloomberg

The honeymoon is officially over for burrito baron Steven Marks: Just a year after Guzman y Gomez’s blockbuster market debut made him a multimillionaire, the founder’s fortune is getting hammered. Read more here: https://bloom.bg/45QtlUI 📷: Brent Lewin/Bloomberg

KPop Demon Hunters, an animated musical released by Netflix, topped the US and Canadian box office during a two-day theatrical debut, a rare win at the theaters for the streaming giant. Read more here: https://bloom.bg/4mY3kcM

Elon Musk tried to enlist Mark Zuckerberg for his unsolicited bid to buy OpenAI this year, the startup said in a court filing. Read more here: https://bloom.bg/4oSKvK6 📷: David Paul Morris/Bloomberg

Meta is hiring another key Apple artificial intelligence executive, even as the social networking company prepares to slow its recruitment. More here: https://bloom.bg/4mTvEx2 📷: Gabby Jones/Bloomberg

Singapore ride-hailing users got a rude shock on Wednesday after prices on the most popular app jumped about a hundred times from the usual rates, with short trips within the city costing $1,000 or more. Read more here: https://bloom.bg/4lzgWdi

Indian Prime Minister Narendra Modi welcomed improved ties with China as US Treasury Secretary Scott Bessent escalated criticism on the South Asian nation over its purchases of Russian oil. read more here: https://bloom.bg/4lEMPl5

🎙 On today’s Big Take Asia podcast, how a rebel army in Myanmar became a major player in the global supply for rare earths — and what its growing influence means for neighboring China: https://link.podtrac.com/jxfy2rhy

President Trump's threat of 50% tariffs on Indian exports to the US mark an escalation in a breakdown of the relationship between the two countries that started in the wake of May's India-Pakistan conflict. Read more here: https://bloom.bg/45bXZZC 📷: Jim Watson/AFP via Getty Images