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Read Today's News →Updated: 2026-08-05T04:06:25+00:00
Indonesian sovereign wealth fund Danantara plans to allocate capital to hedge fund managers later this year. The move aims to diversify its investment portfolio through external fund managers.
Bolivia deployed over 200 police and military officers to patrol its border with Brazil to combat gang violence. The troops were sent in response to criminal activity originating from Brazilian gangs operating near the shared border. Footage documented the enforcement operation underway.
Mitsubishi UBE Cement Corp. plans to list on the Tokyo stock exchange in December, according to sources familiar with the matter. The company was formed five years ago through a merger of units from Japanese materials companies.
Police responded to Perez Hilton's Miami home Tuesday night after receiving multiple reports about a disturbing livestream. The Hollywood gossip journalist appeared covered in blood and seemingly harming himself during the broadcast. Miami-Dade County Sheriff's Office deputies were dispatched. Hilton was hospitalized following the police investigation.
North Korea's Kim Yo Jong, sister of leader Kim Jong Un, threatened military action against Japan, accusing it of abandoning its defensive military stance. The statement followed Japan's missile test. Kim Yo Jong holds significant political influence in North Korea's government.
Former President Trump warned Iran would face severe consequences if the Hormuz Strait doesn't reopen soon. US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent announced negotiations have advanced toward resuming shipping through the strait. Oil prices declined following the diplomatic progress.
A Russian ballistic missile strike on Kyiv killed two people and injured others, according to city officials. The head of Kyiv's military administration reported that Russia conducted a massive attack, hitting residential buildings in the Ukrainian capital.
A 41-year-old Salvadoran man, Edwin Lopez-Cornejo, died at Delaney Hall ICE detention center, sparking protests demanding answers. His death marks the second fatality at the facility, intensifying anger over conditions and oversight at the immigration detention center.
China leads the US and other G7 nations in several key areas of AI development, according to Rhodium Group analysis. However, China lags behind in chip technology. Reva Goujon, a Rhodium Group director and report co-author, discussed the findings on Bloomberg.
Bloomberg's "The Asia Trade" program broadcasts from Tokyo and Sydney, featuring hosts Shery Ahn and Haidi Stroud-Watts. The show covers major market-shaping stories, including US-Iran deal developments and SpaceX's decline following AI spending, providing analysis from industry newsmakers.