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Japan approved ¥631.5 billion ($4 billion) in additional subsidies to quicken Rapidus Corp. into the intensely competitive AI chipmaking arena, ramping up financial support for a signature project widely regarded as a long shot....

IOI Properties Group Bhd. plans to establish a real estate investment trust holding its retail, hotel, and office assets, followed by a listing that could raise about 1.98 billion ringgit ($500 million) for the Malaysian developer....

Global funds are dumping Indian equities at a record clip as an energy shock from the US-Iran war threatens to derail the outlook of the world's fastest-growing major economy....

Apple Inc. has hired Uber Technologies Inc.'s head of public policy and government relations for Asia-Pacific as it looks to revamp its supply chains in the region....

Kalshi Inc. won a temporary reprieve from criminal prosecution in Arizona when a judge suspended the case at the behest of a federal regulator....

NASA's Artemis crew of four astronauts returned to Earth and splashed down in the Pacific Ocean, capping humanity's first return to the moon in more than 50 years. (Source: Bloomberg)...

Tiger Global has agreed to invest in PopUp Bagels at a $300 million valuation, according to people familiar with the matter — roughly five times what the startup was quoted at as recently as five months ago....

This week, Richard Haass of Centerview Partners on what to expect out of US-Iran peace talks. Plus, why Gulf states are begging Trump not to end the Iran war early and how the conflict could hit consumers, from gas prices to interest rates. And, former Canadian Finance Minister Chrystia Freeland warns of stagflation, a food crisis, and the growing strain on the US-led global order as finance leaders gather in Washington at the annual World Bank-IMF meetings. Later, how China quietly built a monopoly on the minerals that power modern life, and why American innovators think they can still leapfrog Beijing. (Source: Bloomberg)...

Dutch regulators approved Tesla's partially automated driving system, marketed as Full Self-Driving software, a move that could help open the door to a future approval in the European Union at large....

The US is expected to hold talks with Iran in an effort to reach an agreement, but former Council on Foreign Relations president Richard Haass of Centerview Partners warns that we should not expect too much, and that the war shows just how much leverage Iran has. (Source: Bloomberg)...

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Federated Hermes' RJ Gallo, Barclays' Jon Hill, Goldman Sachs' Alex Blostein, Fmr. Nato Supreme Allied Commander Gen. Wesley Clark (Ret.), Gabelli Funds' Macrae Sykes, Envestnet's Dana D'Auria, 22V Research's Kim Wallace, Carbone Fine Food Co-Founder Mario Carbone, Magnolia Bakery CEO Nathan Louer, & Former Super Bowl Champion Reggie Bush & United Athletes Tour CEO Len Brown. (Source: Bloomberg)...

The Federal Reserve is asking major US banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, according to people with knowledge of the matter....

Former NFL player and Super Bowl Champion Reggie Bush and United Athletes Tour CEO Len Brown discuss launching UAT, a competitive premiere golf league aimed towards former and current athletes. They talk with Katie Greifeld and Randall Williams for "The Close." (Source: Bloomberg)...

When the conflict with Iran started, some of the first headlines we saw had to do with shipping insurance. Marine insurers were said to be cancelling war risk coverage for vessels going through the Strait of Hormuz. Premiums were said to surge. Meanwhile, the Trump administration announced it would offer its own insurance for ships traversing the Gulf, in an effort to get things moving again. So why is insurance such a crucial part of maritime trade? And how does the system actually work? In this episode, we speak with Dorothea Ioannou, CEO of the American P&I Club, and Steven Ogullukian, the club's reinsurance director. We talk about the different roles of insurers, reinsurers, insurance clubs, and why ships need to have separate coverage for things like war, liability and hull loss. (Source: Bloomberg)...

PJM Interconnection LLC is seeking 15 gigawatts of new power supplies in an emergency proposal to address potential electricity shortages stemming from the boom in artificial intelligence....

As war in Iran crimps global oil supplies, it is hitting a range of other commodities and promising to remake global supply chains....

Bloomberg's Jeff Mason said that the bar for success in this weekend's peace talks between the US and Iran, is that both parties stay at the table and they don't 'fail,' potentially ending the tenuous two-week ceasefire. Mason said that Israel's strikes on Lebanon and oil flow through the Strait of Hormuz are the key hurdles as the two countries try to negotiate a longer term deal. (Source: Bloomberg)...

Blackstone Inc. filed for an initial public offering of a new data-center acquisition vehicle that plans to buy already-built and leased properties benefiting from the artificial intelligence boom....

Magnolia Bakery CEO Nathan Louer discusses US franchise expansion, remaining an 'attainable luxury,' and why driving traffic is the key to the company's long term strategy. He talks with Katie Greifeld and Bailey Lipschultz on “The Close.” (Source: Bloomberg)...

Carbone Fine Food Co-Founder Mario Carbone discusses global upheaval affecting food costs, 'cautious' customers, and why being experimental is part of their DNA. He talks with Katie Greifeld and Bailey Lipschultz on “The Close.” (Source: Bloomberg)...