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Billionaire Haven Switzerland to Reject 50% Inheritance Tax

Swiss voters are poised to reject an inheritance tax proposal targeting super-rich residents, mindful of the risk of an exodus from one of Europe’s most alluring havens for billionaires.

Swiss voters are poised to reject an inheritance tax proposal targeting super-rich residents, mindful of the risk of an exodus from one of Europe’s most alluring havens for billionaires.
Bloomberg Politics • Nov 28, 5:00 AM
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Trump Calls for ‘Reverse Migration,’ Outlines Sweeping Crackdown

President Donald Trump called for “reverse migration” in the US while outlining a series of potential measures to crack down on immigration, including suspending immigration from unspecified developing nations.

President Donald Trump called for “reverse migration” in the US while outlining a series of potential measures to crack down on immigration, including suspending immigration from unspecified developing nations.
Bloomberg Politics • Nov 28, 4:45 AM
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Trump Demands ‘Reverse Migration’ in Push for Sweeping Crackdown

President Donald Trump called for “reverse migration” in the US as he outlined a series of potential measures to crack down on immigration, including halting admissions from unspecified developing nations and revoking citizenship from some naturalized migrants.

President Donald Trump called for “reverse migration” in the US as he outlined a series of potential measures to crack down on immigration, including halting admissions from unspecified developing nations and revoking citizenship from some naturalized migrants.
Bloomberg Politics • Nov 28, 4:45 AM
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India Labor Czar Says Biggest Reform Since 1947 Will Boost Jobs

India’s move to distill its byzantine labor laws and get rid of obsolete rules will boost jobs and investment, according to the top bureaucrat handling the exercise, who pledged to complete the overhaul by early next year.

India’s move to distill its byzantine labor laws and get rid of obsolete rules will boost jobs and investment, according to the top bureaucrat handling the exercise, who pledged to complete the overhaul by early next year.
Bloomberg Politics • Nov 28, 4:41 AM
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Circular AI Deals Fuel Bubble Debate | Bloomberg Tech: Asia 11/28/25

The AI industry is awash with concerns of circular deals.

The AI industry is awash with concerns of circular deals. While some of Asia's tech giants may stand to benefit - is the spending sustainable for others? In the latest episode of 'Bloomberg Tech: Asia,' Shery Ahn and Annabelle Droulers follow the multi-billion-dollar transactions making waves in the region, and assess who can best weather the storm if the AI bubble bursts. (Source: Bloomberg)
Bloomberg Markets • Nov 28, 4:32 AM
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Indonesia Weighs New Lifetime Residency Incentives for Diaspora

Indonesia is weighing new incentives for a program granting lifetime residency to former citizens and other diaspora groups, after critics warned the plan was too costly and unlikely to curb the country’s brain drain.

Indonesia is weighing new incentives for a program granting lifetime residency to former citizens and other diaspora groups, after critics warned the plan was too costly and unlikely to curb the country’s brain drain.
Bloomberg Markets • Nov 28, 4:19 AM
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CME Futures Trading Stopped on Friday After Data Center Glitch

Live trading of commodities futures and options on the Chicago Mercantile Exchange halted on Friday due to technical issues, according to a Singapore-based spokesperson for CME Group.

Live trading of commodities futures and options on the Chicago Mercantile Exchange halted on Friday due to technical issues, according to a Singapore-based spokesperson for CME Group.
Bloomberg Markets • Nov 28, 3:45 AM
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Commodity Futures Trading Stopped After Data Center Glitch

Trading of futures and options on the Chicago Mercantile Exchange halted on Friday due to a technical issue at its data centers, according to a Singapore-based spokesperson for CME Group.

Trading of futures and options on the Chicago Mercantile Exchange halted on Friday due to a technical issue at its data centers, according to a Singapore-based spokesperson for CME Group.
Bloomberg Markets • Nov 28, 3:45 AM
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CME Futures Outage Disrupts Trading Across Global Markets

Trading of futures and options on the Chicago Mercantile Exchange was halted by a data-center fault, causing hours of disruption to markets across equities, foreign exchange, bonds and commodities.

Trading of futures and options on the Chicago Mercantile Exchange was halted by a data-center fault, causing hours of disruption to markets across equities, foreign exchange, bonds and commodities.
Bloomberg Markets • Nov 28, 3:45 AM
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Japan’s Two-Year Bond Sale Demand Weaker Than 12-Month Average

Japan’s two-year government bond auction Friday saw demand that was weaker than the 12-month average, as rising expectations of a near-term Bank of Japan rate hike sapped investor appetite.

Japan’s two-year government bond auction Friday saw demand that was weaker than the 12-month average, as rising expectations of a near-term Bank of Japan rate hike sapped investor appetite.
Bloomberg Markets • Nov 28, 3:44 AM
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Japan’s Weak Two-Year Bond Sale Shows Growing Rate Hike Risk

Japan’s two-year government bond auction Friday was met with weak demand, as rising expectations of a near-term Bank of Japan rate hike sapped investor appetite.

Japan’s two-year government bond auction Friday was met with weak demand, as rising expectations of a near-term Bank of Japan rate hike sapped investor appetite.
Bloomberg Markets • Nov 28, 3:44 AM
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North Korea Suspected of $30 Million Crypto Hack, Yonhap Says

North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.

North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.
Bloomberg Markets • Nov 28, 3:13 AM
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Is China winning the innovation race?

Once the world’s factory, Beijing’s relentless focus on R&D means the country has become the world’s laboratory.

Once the world’s factory, Beijing’s relentless focus on R&D means the country has become the world’s laboratory
Financial Times • Nov 28, 3:08 AM