Bloomberg Daybreak Asia. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia.
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Quicktake Geo walks through the most interesting story of the news cycle with a look towards the day in Asia
Shanghai Virus Outbreak Persists as Shandong Infections Jump
Hong Kong’s Top Market Regulator to Depart for UK Counterpart
Musk’s Dispute With Twitter Over Bots Continues to Dog Deal
Twitter Challenges India to Court Over Blocked-Tweets, Suspension Orders
A Stock Trader’s Guide to Navigating the Chip Industry
Biden Set to Meet With Advisers to Discuss Cutting China Tariffs
Burning Trains Reveal Wrath of Millions Without Jobs in India
Risk-Taking Retail Traders in Korea Are Shifting to Safety in Bonds
Singapore’s Wealthy Want Tax Relief for Overseas Charity Gifts
Celebrities React to ‘Godfather’ Star James Caan’s Death
Luxury Brand Tom Ford Hires Goldman Sachs to Explore Potential Sale
Venture Capital Has a Battery Blind Spot
Billionaires Can’t Get Enough of Private Equity
Fallen Billionaire Offers a Lens on Xi’s China
The US Industrial Complex Is Starting to Buckle From High Power Costs
Putin’s War Threatens Europe’s Ambitious Climate Goals
Geely Is Launching Satellites in a Bid to Bring Driverless Cars to China
Biden Awards Medal of Freedom to Biles, Rapinoe, Late Apple Founder Jobs
Ghislaine Maxwell Appeals Conviction for Sex-Trafficking
Black and Hispanic Americans Are More Likely to View Masks as Essential
NYC Will Dole Out Inflatable Dams to People at Risk for Floods
Volkswagen’s CEO Talks Batteries, Supply Chains and the Porsche 911
Hong Kong’s Nearly Empty Airport Gets an $18 Billion Expansion
Seattle’s Homelessness Chief Worries Inflation Will Erode Progress
One of Europe’s Smallest Nations Tries a Big Idea: Free Public Transit
Crypto Needs Consistent Regulation Across Nations, US Treasury Says
Embattled Crypto Lender Celsius Accused of Fraud by Ex-Employee in Suit
Bitcoin Rides Stock Rally to Hit Highest Level in Over a Week
Darin Feinstein, co-founder of Core Scientific, during the Bitcoin 2022 conference in Miami, Florida.
David Pan
Core Scientific Inc., a top crypto miner, sold the bulk of its Bitcoin holdings in June as a steep drop in digital assets squeezes finances for even the leaders of the industry.
Core Scientific sold 7,202 mined coins for $167 million last month, leading to a 79% drop in Bitcoin holdings on its balance sheet, according to the company’s monthly update. The Austin, Texas-based company now holds 1,959 coins.
