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🎢 U.S. stocks had a wild Monday — at one point losing $3 trillion in market value before staging a late rally. Volatility has continued with Asia stocks and U.S. equity futures falling on concerns of Fed tightening and geopolitical tensions. Follow the latest here: https://bloom.bg/3KEvqrk

❄️ Meanwhile, mentions of a “crypto winter” are flooding social media after Bitcoin plunged 50% from its recent high — sending chills to investors. https://bloom.bg/3nUWTuY

🔥 And in Canada’s red-hot property market, homeowners and investors are betting interest rates will never rise. https://bloom.bg/3rHy6vA
👛 Mark Zuckerberg's stablecoin ambitions are unraveling as Diem, the controversial crypto once backed by Meta, considers a sale of its assets after regulatory pressure. https://bloom.bg/35qLehh

🛫 Hong Kong's Covid Zero policy could keep it isolated until 2024 and fuel an exodus of foreign workers, the European Chamber of Commerce says in a draft report. https://bloom.bg/3rQBOTH

💰 Brian Kim rose from extreme poverty to become Korea’s richest person. But his fortune has tumbled $7 billion after a string of scandals hit Kakao. https://bloom.bg/3fVqCQ6
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🇺🇦 Russia signaled it will respond to any “aggressive” action by the U.S. over Ukraine. https://bloom.bg/3IDXY2l

🇺🇸 Wall Street analysts have been busy war-gaming just how quickly the Federal Reserve might start shrinking its balance sheet. https://bloom.bg/3tZVcAl

🐻 📉 From the S&P to Bitcoin, everything has taken a hit this year. But, it's the most speculative stuff that's leading the selloff. https://bloom.bg/3nZg9HW
📈 Traders are boosting bets for higher borrowing costs, with money markets now expecting five interest-rate increases from the Federal Reserve this year. https://bloom.bg/3KQpoE8

🇬🇧 The U.K. government’s investigation into pandemic parties in Boris Johnson’s office won't be published until next week, leaving him in limbo. https://bloom.bg/3H8Mwvk

🇺🇸 🇨🇳 While the U.S. Federal Reserve is set to hike rates, China's central bank is pumping stimulus with an eye on growth — not inflation. That's creating a headache for some. https://bloom.bg/3rWRkO0
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📈 Apple posted its highest-ever quarterly earnings, sailing past Wall Street estimates and marking a victory against a supply-chain crunch. https://bloom.bg/32H4INE

🌏 The Philippines is once again the worst place to be during the pandemic. Here's the latest update to our Covid Resiliency Ranking: https://bloom.bg/3G9sXlh

China’s American-born Olympic star is being very careful. Teenage freestyle skier Eileen Gu is the daredevil face of Xi Jinping’s winter sports initiative and a sponsor’s dream: a gold-medal contender with no desire to talk politics. https://bloom.bg/3KQh1Z9
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📝 Spotify is adding an advisory to any podcast episode that addresses Covid, directing listeners to a hub with more information. It’s a response to the growing controversy over the company’s support for Joe Rogan, who has hosted outspoken vaccine skeptics on his podcast. https://bloom.bg/3IRnscw

💰 Asia’s 20 richest families control $495 billion — more than Singapore's GDP — and some are pivoting to crypto, tech and e-commerce. See the full list of the region’s wealthiest: https://bloom.bg/3obU2Ov

😶 And an army of faceless suits is taking over the $4 trillion hedge fund world. https://bloom.bg/35vaH9b
🇷🇺 Moscow says reports the U.K. is considering new sanctions on Russian oligarchs’ financial holdings are “very alarming.” https://bloom.bg/3gbIKW6

🇬🇧 Prime Minister Boris Johnson will make a statement on Monday to set out his response to the allegations of rule-breaking by his office during Covid-19 lockdowns. https://bloom.bg/3g8CG0w

🎤 Joe Rogan apologizes in a bid to quell controversy about misleading coronavirus information that wiped almost $4 billion from Spotify’s value last week. https://bloom.bg/3IRGVK6

💸 Almost all new money in hedge funds is now flowing into vast, faceless funds. That means the era of the rock star is over — for now. https://bloom.bg/35vZMvX
🇮🇳 In one of the most watched economic events, India is expected to keep the world's fastest recovery going when it presents its budget — expected to top $500 billion — later Tuesday. https://bloom.bg/3rgCFy3

🇨🇳 George Soros says Xi Jinping may fail to extend his rule of China, citing a real estate crisis, ineffective vaccines and a falling birthrate as factors working against him. https://bloom.bg/32NBL2t

💰 China's aging tycoons are preparing to hand over $1 trillion in wealth to their heirs. https://bloom.bg/3IXbnCR
🇺🇦 🇷🇺 Russia has yet to formally respond to written proposals by the U.S. and NATO, as Western countries continue efforts to deter Moscow from attacking Ukraine. https://bloom.bg/3LbmnOW

👩🏿‍🤝‍👩🏻 More than a quarter of female workers at mining giant Rio Tinto have experienced sexual harassment and almost half of all staff have been victims of bullying, according to a report. https://bloom.bg/3AMB06i

💡 Nuclear power might help Europe reach net-zero while keeping the lights on. So why is the continent ditching reactors in the middle of an energy crisis? https://bloom.bg/3gvyfxb
🔎 Alphabet's stock split will lower its price from about $3,000 to $140 — helping bring its shares to the masses and possibly gain entry to the Dow. https://bloom.bg/3ufBJfb

🏦 Wall Street may be excited by the notion of a half-point rate hike in the U.S. this March, but Fed officials have yet to back such an idea. https://bloom.bg/3ohQevj

🤰 Pregnant women with Covid when they give birth rarely transmit the virus to their newborns, several studies show. https://bloom.bg/3gdkItU
💸 🇪🇺 Euro-area inflation unexpectedly accelerated to a record, heaping pressure on the European Central Bank to pare back pandemic stimulus more quickly. https://bloom.bg/3gf8WPC

🇺🇦 A journey across Ukraine shows a Russian invasion would come at a very high price. https://bloom.bg/3gjr3E8

💰 🇺🇸 After years of restraint, bank leaders are once again projecting a "whatever it takes" approach to compensation. For Wall Street, that means bonuses of $10 million, $15 million, $25 million — and more. https://bloom.bg/3gjEJig
🪱 A DeFi project known as Wormhole said hackers stole about $320 million in crypto in one of the biggest exploits on record. https://bloom.bg/3s5RtyE

📱 Apple's strongest quarter of iPhone sales in India shows it's finally making progress in the world's fastest-growing smartphone market. https://bloom.bg/35MVSz5

🎤 Who is leaving Spotify? Here's a running list of artists boycotting over Joe Rogan. https://bloom.bg/3IQjBN0
Hello 👋 Here’s what we’re reading right now:

👔 Institutional investors have upended the reign of retail day traders – at least for now. The change is both a cause and consequence of major market shifts. https://bloom.bg/3rvPaG7

🏛 The only Goldman banker standing trial for the 1MDB scandal is about to get his day in court. He has pleaded not guilty. https://bloom.bg/3gqkfoj

🇨🇳💰 Where is China investing? As the country’s economy slows, some Communist officials are becoming venture capitalists — and reaping big profits. https://bloom.bg/3gqn5JR
💰 Amazon is more than doubling the maximum base salary it pays employees to $350,000 from $160,000. https://bloom.bg/3gwSY3C

👑 Tycoon Gautam Adani overtakes Mukesh Ambani as Asia’s richest person, as his wealth grows by nearly $12 billion this year to hit $88.5 billion. https://bloom.bg/3ox58xJ

🚗 The Monday-to-Friday commute has disappeared forever — except maybe for bankers. https://bloom.bg/3HzrRAx
🚲 A shake-up at Peloton has resulted in a new CEO, 2,800 job cuts and a record rally. But its instructors — some of whom make upwards of $500,000 — are sticking around. https://bloom.bg/3B82TpG

🇭🇰 A top adviser to Hong Kong leader Carrie Lam says he’s “very optimistic” the city will reopen to the world within the next year, adding the government is looking at shortening travel quarantines. https://bloom.bg/3suUR6a

📦 China's continued embrace of Covid Zero is actually helping prevent further shortages and price hikes. https://bloom.bg/3HBYZYI
⛸️ Russia's 15-year-old skating star Kamila Valieva, who landed historic quad jumps at the Olympics, reportedly tested positive for a banned substance. She was seen at practice on Thursday. https://bloom.bg/3rDzlwS

📱 The biggest assembler of iPhones said component shortages are showing signs of easing, an encouraging indication for other manufacturers. https://bloom.bg/3HEPjwv

🐊 She billed herself as “The Crocodile of Wall Street” and her husband called himself an "occasional magician." Now this New York couple is accused of a $4.5 billion crypto crime. https://bloom.bg/3HA4g2R
Hello 👋 Here’s what we’re reading right now:

💸 Investors gave $1 billion to a Singaporean’s nickel-trading company. He's accused of taking the money and skipping the nickel. Here’s the story of how so many people got swindled: https://bloom.bg/33dDxu5

😡 Hong Kong is limiting gatherings in private places in the midst of its biggest virus outbreak. But it's facing resistance from residents distrustful of the government and tired of Covid Zero. https://bloom.bg/3rFyr2V

🐨 And the koala has officially been designated as an endangered species in Australia. https://bloom.bg/3JlhPnq
🏈 Just in: The Los Angeles Rams beat the Cincinnati Bengals 23-20 to win the Super Bowl. https://bloom.bg/33hGw4z

☎️ After a weekend call between Biden and Putin produced no breakthrough, it's the tensest week yet for governments watching Russia’s military buildup near Ukraine. https://bloom.bg/3GHBmMR

😷 What does the pandemic have in store for the world next? Don’t expect omicron to be the last variant — and don’t let your guard down, experts warn. https://bloom.bg/3HTk1SD
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↕️ Markets swung after an apparent sarcastic quip by Ukraine’s president about tensions with Russia, with stocks sliding and oil rising. https://bloom.bg/3uMoqmN

⛔️ Canadian Prime Minister Justin Trudeau invoked sweeping emergency powers to quell protests against vaccine mandates, including measures to choke off the flow of money to demonstrators. https://bloom.bg/3LyLI5k

🎢 And top hedge fund managers made $15.8 billion last year by riding volatile markets. https://bloom.bg/3sJBvdM
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🪖 Joe Biden said it's still possible Russia will invade Ukraine because its troops remain in a “threatening position." The U.S. has not verified Moscow’s claims that it has withdrawn some forces. https://bloom.bg/3LAAb5z

🇭🇰 Xi Jinping called for “all necessary measures” to get Hong Kong’s virus outbreak under control, according to a state-run newspaper, an unusually direct intervention. https://bloom.bg/3uZ5a5H

🛍️ Nationalism has transformed Chinese shopping habits. Data reveal how consumers are pivoting away from Western brands like Nike and Adidas — and may not return. https://bloom.bg/3BmFVes