Chinese AI startup MiniMax spent its first three years largely on the sidelines of AI development. While rivals chased local ChatGPT clones, it was tackling a harder problem: building a single model capable of processing text, speech and video. Now, the $619 million IPO crystallizes a surge in wealth for its founder Yan Junjie. https://bloom.bg/3Z4mKmo

📷️: Lam Yik/Bloomberg

US Commerce Secretary Howard Lutnick says a trade deal with India did not materialize last year because Prime Minister Narendra Modi did not call President Donald Trump. https://bloom.bg/49ncFHr

📷: Prakash Singh/Bloomberg

As Indian investors nurse losses in high-momentum favorites, the focus is shifting back to good old earnings. The so-called quality factor — stocks with strong profitability and balance sheets — is set to regain favor after two years of underperformance, according to Bernstein’s quant team.

Our new Markets Daily India newsletter explores what traders are looking at: https://bloom.bg/4pzl7bm

🎙️ Amid Iran’s brutal crackdown on protesters, President Trump threatened to slap a 25% tariff on its trading partners.

Find out why the move puts China and India firmly in his trade war crosshairs, yet again, on the Big Take Asia podcast with K. Oanh Ha and Daniel Ten Kate: https://link.podtrac.com/jxfy2rhy

🎙️ Trillions of dollars in Japanese assets are held by elderly citizens at risk of cognitive decline.

On the latest Big Take Asia podcast, K. Oanh Ha and Bloomberg’s Alice French discuss what this "dementia money cliff" means for the nation and the broader global economy: https://link.podtrac.com/jxfy2rhy

🎙️ From sinking Treasuries to global selloffs, the turmoil in Japan’s bond market is being felt far beyond its borders.

Find out how the crash is rattling international investors and why markets are still on tenterhooks on today’s Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

🚨 LIVE NOW: Modi's budget delivers a double shock: a shield against Trump's tariffs and a tax hike on India's booming F&O market. Bloomberg's Menaka Doshi, Shruti Srivastava, Chiranjivi Chakraborty and Subhadip Sircar analyze the impact in a Live Q&A. Join and ask your questions: https://bloom.bg/4kg2isC

A new AI automation tool from Anthropic sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday as investors raced to dump shares with even the slightest exposure. https://bloom.bg/49UxtGo

📷: Michael Nagle/Bloomberg

🚨 LIVE NOW: Modi secured a surprise trade deal with Trump, boosting the rupee and offering relief to conglomerates. But did Indian refiners lose their access to Russian oil? Bloomberg's Laura Davison, Shruti Srivastava, Alex Gabriel Simon, Rakesh Sharma answer your questions in a Live Q&A on the winners and losers. https://bloom.bg/3NTBfY5

The saga of a contested gold mine shows how President Prabowo Subianto is putting Indonesia on a collision course with global markets. https://bloom.bg/4ryeO9a

📷: Krisztian Bocsi/Bloomberg

🚨 LIVE NOW: The India AI Impact Summit has laid out an ambitious roadmap for 2026. But can Modi make the nation truly a global AI power? Bloomberg reporters answer your questions in a Live Q&A. https://bloom.bg/4ayNSk4

AI demand is triggering a historic memory-chip shortage. Meeting exponential demand for chips will be expensive and maybe even impossible. Read Bloomberg's interactive explainer on how the chip squeeze affects you: https://bloom.bg/4ujFvRf

📷: Google

Many of Asia’s richest families are reconsidering their relocation plans and reducing billions in investments in Dubai as the Iran war rattles the city. https://bloom.bg/3NrOVtl

📷: Walaa Alshaer/Bloomberg

🚨 LIVE NOW: Four-day work week and school closures - Asia is getting creative and drastic to conserve energy amid a severe fuel crunch. Is it enough to keep economies afloat? Bloomberg reporters answer your questions in a Live Q&A. https://bloom.bg/4bAw2NX

🚨 LIVE NOW: Tata Chairman N. Chandrasekaran's shock decision to not continue beyond February exit exposed deep divisions in its board. Bloomberg journalists answer your questions about the new trouble in a Live Q&A. https://bloom.bg/3Uo5jhB

Apple says that new CEO John Ternus will get a compensation package worth about $58 million in fiscal 2027, while Tim Cook’s role as executive chairman will pay around $47 million. https://bloom.bg/4668BbY

📷: Kevin Winter/Getty Images

Japan has a $640 billion investment plan to become an AI and chip powerhouse. Kioxia’s boom in one struggling rural city shows both the promise and limits of the country's ambition. https://bloom.bg/45X3omP

📷: Kiyoshi Ota/Bloomberg

Jaguar Land Rover's first electric Range Rover will start at $208,420, a price tag that will test wealthy buyers’ appetites for a battery-powered SUV. https://bloom.bg/4xzNQ4o

📷: Jaguar Land Rover Automotive Plc

The Nepal disaster is the latest example of how climate change is raising the risk of relying on water for electricity in the Himalayas. A changing climate is bringing with it unstable glaciers and unpredictable rain, creating new risks for existing projects and raising the potential cost of those that are still on the drawing board. https://bloom.bg/4gPKhAd

📷: Prashanth Vishwanathan/Bloomberg

EXCLUSIVE: TikTok developer ByteDance secures a $30 billion loan in Asia’s second-largest dollar-denominated borrowing this year. Read more: https://bloom.bg/4dbLUqz