Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley.
Liz Truss Considers Cutting VAT to 15% to Ease UK Crisis: Telegraph
Top Central Bankers Deliver Hawkish Message at Jackson Hole
South Korea President’s Prominent Rival Set to Lead Opposition
Trump May Get a ‘Special Master’ Review of Seized Documents
Powell’s 8-Minute Speech Erases $78 Billion From Richest Americans
Lone Pine Assets Shrivel as Hedge Fund Reels From Record Losses
Prince Charles Edits British Black Newspaper ‘The Voice’
Bob LuPone, Who Helped Lead MCC Theater, Has Died At 76
China’s Hydro Power Crisis Is Just the Start
Vernacular Branding Scores Big by Aiming Low
HBO’s ‘House of the Dragon’ and the Return of Monoculture
Crypto’s Real Value Was Never $3 Trillion
DraftKings Is Coming for Your Dumb Money at Wrigley Field
The Trouble With Comparing Next-Gen Car Batteries
Cleveland-Cliffs, United Steelworkers Reach Tentative Contract
BYU Bans Fan Who Yelled Slur At Duke Volleyball Player
Australia Turns to Shaq Factor in Push for Indigenous Voice
Dried-Out Farms From China to Iowa Put Pressure on Food Prices
HUD, Texas At Odds Over Flood Relief Discrimination Claim
How Do You Build a (Digital) City?
Affordable Housing Developers Look to the White House for Help
Manhattan Congestion Pricing Hits a Nerve as Hearings Open
How Do You Build a (Digital) City?
Ex-Bond Star Who Switched to Crypto Career Is Unfazed by Layoffs
Texas Crypto-Mining Rush May Need as Much Power as Entire State of New York
Rebecca Choong Wilkins and
Lulu Yilun Chen
When investor demand for Chinese property debt was approaching its peak back in 2018, a banker could pull together the makings of a multi-million dollar deal during a Saturday boat trip around Hong Kong’s harbor and barely look up from her drink while doing it.
Now, the $203 billion market—which once yielded several deals a week and padded portfolios across the world from Pimco to UBS—is all but dead. And offshore investors are swallowing almost all of the losses.
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