🚨 Happening Now: Trump has just changed the rules of global hiring by introducing a $100,000 fee to apply for an H-1B visa. The move is already sparking panic across the tech industry and US-based skilled immigrants.

Join Bloomberg’s Nasreen Seria, Eric Martin, Sankalp Phartiyal and Ruchi Bhatia for a Live Q&A on what it means for Indian tech, students and US hiring: https://bloom.bg/3VNWifr

Hong Kong’s bankers and traders hunkered down at home or booked hotels near the office as Super Typhoon Ragasa descended on the Asian financial hub. Read more here: https://bloom.bg/4pCflH9

New Zealand appoints Sweden’s Anna Breman as the RBNZ’s first female governor in the central bank's 90-year history. Read more here: https://bloom.bg/3W5oKcA

🎙️ President Trump and Chinese President Xi Jinping have reached a tentative deal to secure TikTok’s future in the US.

On today’s Big Take Asia Podcast, what could change for US-based users on the platform, and who had the upper hand at the negotiating table: https://link.podtrac.com/jxfy2rhy

Late-night host Jimmy Kimmel took a conciliatory tone in his return to TV, saying “it was never my intention to make light of the death of a young man.” Read more here: https://bloom.bg/46PB1YO

📷: Randy Holmes/Getty Images

Indian markets are reeling from Trump’s surging tariffs and H-1B visa chaos. Four financial experts weigh in on how to invest right now: http://bloom.bg/470Bh7n

📷: Dhiraj Singh/Bloomberg

Spot gold prices climbed above $4,000 an ounce for the first time, as concerns over the US economy and a government shutdown added fresh momentum to a scorching rally. Read more here: https://bloom.bg/4mSssRG

📷: Kiyoshi Ota/Bloomberg

"Digital arrests” are swindling Indians out of millions and leaving trauma in their wake. But they can be stopped, writes Bloomberg Opinion columnist Andy Mukherjee. More here: https://bloom.bg/4mXJXQH

📷: Elke Scholiers/Bloomberg

🚨 LIVE NOW: A wave of listings in India, from Tata Capital to LG, has made the country the world's fourth-largest IPO market this year. What’s next?

Bloomberg's Menaka Doshi, Lianting Tu, Rajesh Mascarenhas, Chiranjivi Chakraborty answer your questions in a Live Q&A. http://bloom.bg/4q916tB

🎙️ South Korean companies are offering workers up to $72,000 to have babies in an effort to boost the nation’s declining population.

Are cash incentives enough to solve the problem? We explore on on today’s Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy

EXCLUSIVE: Apple plans to make new home hub devices and tabletop robots in Vietnam as it pivots away from China https://bloom.bg/4qbNzS2

📷: Samyukta Lakshmi/Bloomberg

China’s Victory Day parade in September showed off a new, uncrewed submarine the size of a semi-truck — meant to keep tabs on US vessels and seafloor cables — and shined a spotlight on Beijing’s investment in the undersea domain.

The US submarine industry, by contrast, is struggling to get out of drydock after years of delays, rising costs and a weakened industrial base https://bloom.bg/3LbJVHF

📷: Ashley Cowan/HII

Singapore now has one of the world's best pension systems according to a new global ranking, while India takes bottom spot. Read more here: https://bloom.bg/4hbQ9Dj

📷: Lauryn Ishak/Bloomberg

A potentially “catastrophic” breach of US-based cybersecurity provider F5 has been blamed on state-backed hackers from China. Read more here: https://bloom.bg/4o33tg3

📷: Chris Ratcliffe

Ex-Malaysian Prime Minister Najib Razak, who’s in jail for corruption over the 1MDB scandal, may return to politics if he’s pardoned, his lawyer says. More here: https://bloom.bg/4qg9tn6

📷: Samsul Said/Bloomberg

Chen Zhi’s family office website describes the 37-year-old as a "young business prodigy." But US and UK authorities say he’s behind scam centers run by forced labor. Read more here: https://bloom.bg/3JtzsXO

📷: Prince Holding Group

🎙️ Indian-based workers once supported American financial services firms. Now, they’re increasingly key to their operations.

On today’s Big Take Asia podcast: How India’s government is encouraging Wall Street firms to expand their footprint in India and how President Trump’s new visa policies could speed up the push: https://link.podtrac.com/4rorpntg

🎙️ On today’s Big Take Asia podcast, Bloomberg’s James Mayger and Isabel Reynolds explore why comments on Taiwan from Japan’s new prime minister have inflamed tensions with China — and where the diplomatic standoff could go from here: https://link.podtrac.com/jxfy2rhy

Chen Tao and his wife Liu Chunlan, have become one of China’s richest AI billionaires, as their fortune soar on the world’s insatiable demand for the technology and a critical partnership with Nvidia.

Read more on their combined $9.1 billion net worth, vaulting them above the likes of Bill Ackman and Jon Gray on the Bloomberg Billionaires Index. https://bloom.bg/3KfTeX9

US authorities have been probing Indian companies trading chemicals used to make fentanyl but with little success. https://bloom.bg/4pw0iOd

📷: Johannes Eisele/AFP/Getty Images

An AI-enabled teddy bear sold by a Singapore-based company is back on the shelves after researchers discovered it chats unprompted about sexual fetishes and other unsuitable topics. https://bloom.bg/3M4UYmv

📷: FoloToy