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As delegations from the US and China begin a second day of trade talks, Commerce Secretary Howard Lutnick said things are "going well." bloom.bg/3HB14Jm

California sued to protect itself from the Trump administration’s threats to pull federal funding over a state law that allows transgender high school athletes to compete in female sports, the latest showdown between President Donald Trump and the most populous state.

NOW: #BloombergInvest Hong Kong begins with a focus on what's next in wealth in APAC. Join conversations hosted by Sonali Basak with Blue Owl Capital's Johann Santer, Pictet Wealth Management's Hui Yang Goh, Ardian's Jason Yao, and more.

President Donald Trump’s moves to deploy US troops to Los Angeles and hold a splashy parade on the Army’s 250th birthday fulfills his longtime goal of leaning on the military for a show of force and political power.

La elevada inflación y el descontento económico impactan la popularidad de Lula. Sus aliados afirman que el verdadero problema es que el presidente de 79 años sigue anclado en el pasado.

TONIGHT: Sonali Basak tracks the trends family offices in APAC are using to drive sophisticated co-investments and bespoke deals with: Blue Owl Capital's Johann Santer Ardian's Jason Yao Pictet Group's Hui Yang Goh Live at 6:10 PM HKT! 📺 bloom.bg/444Kfz3

Chinese President Xi Jinping held his first phone conversation with South Korea’s newly elected President Lee Jae-myung and called for cooperation to safeguard multilateralism and free trade.

TOMORROW: What's the future of tokenization when it comes to funds? Bloomberg Television's Sonali Basak speaks with Allianz CEO Tobias Pross at #BloombergInvest Hong Kong. Live at 2:30 PM HKT! 📺 https://bloom.bg/444Kfz3

TOMORROW: Will more shareholder friendly rules attract capital to Japan? Sonali Basak sits down with Apollo Global Management, Inc.'s Matthew Michelini at #BloombergInvest Hong Kong. Live at 11:15 AM HKT! 📺 http://bloom.bg/444Kfz3