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China Boosts Intelligence Reach in South China Sea, Report Says

China has upgraded surveillance and electronic warfare systems across several occupied reefs in the disputed South China Sea as it seeks to strengthen its defenses and expand intelligence capabilities, a new report shows.

China has upgraded surveillance and electronic warfare systems across several occupied reefs in the disputed South China Sea as it seeks to strengthen its defenses and expand intelligence capabilities, a new report shows.
Bloomberg PoliticsDec 3, 2:43 AM
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Shanghai Censors Social Media Posts Talking Down Housing Market

Shanghai authorities are censoring social media posts that express a pessimistic outlook on the housing market, underscoring the lengths regulators in the financial hub are taking to stem the deepening property crisis.

Shanghai authorities are censoring social media posts that express a pessimistic outlook on the housing market, underscoring the lengths regulators in the financial hub are taking to stem the deepening property crisis.
Bloomberg MarketsDec 3, 2:35 AM
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South Korea Says US Drills Can Be Reviewed for North Korea Talks

South Korean President Lee Jae Myung said regular joint military drills with the US could be reviewed in order to facilitate dialogue with North Korea, in his latest olive branch to Pyongyang as he seeks to reduce tensions with the nuclear-armed neighbor.

South Korean President Lee Jae Myung said regular joint military drills with the US could be reviewed in order to facilitate dialogue with North Korea, in his latest olive branch to Pyongyang as he seeks to reduce tensions with the nuclear-armed neighbor.
Bloomberg PoliticsDec 3, 2:21 AM
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South Korean Leader Touts Deal on Subs He Wants To Build At Home

Six months into his term as South Korea’s president, Lee Jae Myung floated a review of joint military drills with the US to spur dialogue with Pyongyang, while touting Washington’s green light on Seoul building nuclear-powered submarines as one of his top achievements.

Six months into his term as South Korea’s president, Lee Jae Myung floated a review of joint military drills with the US to spur dialogue with Pyongyang, while touting Washington’s green light on Seoul building nuclear-powered submarines as one of his top achievements.
Bloomberg PoliticsDec 3, 2:21 AM
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Solomon Defeats Former Governor McGreevey in Jersey City Runoff

Jersey City Council Member James Solomon won the race for mayor, beating former Governor James McGreevey, who sought to return to public office more than 20 years after resigning following revelations of an extramarital affair with a male aide.

Jersey City Council Member James Solomon won the race for mayor, beating former Governor James McGreevey, who sought to return to public office more than 20 years after resigning following revelations of an extramarital affair with a male aide.
Bloomberg PoliticsDec 3, 2:17 AM
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China ‘Strongly Deplores’ Second UK Delay on Embassy Decision

China condemned the UK for again delaying a decision on whether it can open a new embassy in London, escalating a dispute just before Prime Minister Keir Starmer’s expected visit next month.

China condemned the UK for again delaying a decision on whether it can open a new embassy in London, escalating a dispute just before Prime Minister Keir Starmer’s expected visit next month.
Bloomberg PoliticsDec 3, 2:16 AM
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Markets 'Bit Jumpy' on Lack of Available Data, JPMorgan's Craig Says

JPMorgan Global Asset Management's Kerry Craig says the lack of data has made the markets "a little bit jumpy" but upcoming US economic indicators are likely to allay investor concerns.

JPMorgan Global Asset Management's Kerry Craig says the lack of data has made the markets "a little bit jumpy" but upcoming US economic indicators are likely to allay investor concerns. Craig speaks on Bloomberg Television. (Source: Bloomberg)
Bloomberg MarketsDec 3, 1:57 AM
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SEC Halts High-Leveraged ETF Plans in Warning Over Risks

The US Securities and Exchange Commission has issued a flurry of warning letters to some of the country’s most prolific providers of high-octane exchange-traded funds, effectively blocking the introduction of products designed to deliver three and even five times the daily returns of stocks, commodities and cryptocurrencies.

The US Securities and Exchange Commission has issued a flurry of warning letters to some of the country’s most prolific providers of high-octane exchange-traded funds, effectively blocking the introduction of products designed to deliver three and even five times the daily returns of stocks, commodities and cryptocurrencies.
Bloomberg MarketsDec 3, 1:31 AM
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Senators to Question Admiral Bradley Over Second Strike | Balance of Power: Late Edition 12/02/2025

"Balance of Power: Late Edition" focuses on the intersection of politics and global business.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Senator Rand Paul (R-KY) says Defense Secretary Pete Hegseth has to take responsibility for the second strike that was ordered on a boat on Sept. 2. Constitutional Accountability Center President Elizabeth Wydra discusses if the second strike on a boat on September 2 suggests war crimes. (Source: Bloomberg)
Bloomberg PoliticsDec 3, 12:52 AM
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South Korea Triples Foreign Bond Issuance Limit to $5 Billion

South Korea has more than tripled its annual cap on foreign exchange stabilization bond purchases from its original plans, as concerns over its trade and investment deal with the US raise expectations of stronger dollar demand.

South Korea has more than tripled its annual cap on foreign exchange stabilization bond purchases from its original plans, as concerns over its trade and investment deal with the US raise expectations of stronger dollar demand.
Bloomberg MarketsDec 3, 12:37 AM