Honda Motor Co. and Nissan Motor Co. are looking to finalize a merger agreement as soon as June after negotiations begin later Monday, and may combine in 2026, Japanese media reported, citing unidentified sources.

Three people were injured in an explosion at a military unit in South Korea’s southeastern city of Gimhae, Yonhap News reported, citing police and fire authorities.

Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.

Source: Bloomberg, 4:54

Source: Bloomberg, 5:03

Source: Bloomberg, 23:57

Singapore Post Ltd. shares slumped by the most in more than four years after the firm fired its chief executive officer and a number of other senior executives following allegations related to its international e-commerce logistics parcels business.

Source: Bloomberg, 5:29

Rupert Murdoch’s News Corp. agreed to sell Foxtel Group to sports platform DAZN Group Ltd. in a deal that values the Australian pay-television and streaming service at A$3.4 billion ($2.1 billion).

Malaysia Airlines has grounded its new Airbus A330neo plane within days of its maiden flight due to technical issues, the Business Times reported on Sunday.

UK private sector activity is set for a “steep” decline in the next three months, the Confederation of British Industry said, putting immediate pressure on Chancellor of the Exchequer Rachel Reeves to show she can deliver economic growth in the new year.

Source: Bloomberg, 5:10

President-elect Donald Trump filled out key defense and crypto policy roles in his next administration, making billionaire Stephen Feinberg official as the No. 2 at the Pentagon and picking Michael Kratsios to lead tech policy at the White House.

“All the different hoaxes. The new one is that President Trump has ceded the presidency to Elon Musk. No, no, that’s not happening.” President-elect Donald Trump, speaking to  a conservative audience in Phoenix, says Musk is "not taking the presidency.” Trump has tapped Musk to head a cost-cutting and deregulation effort he calls the Department of Government Efficiency, and the appointment has already brought complaints of conflicts of interest. (Source: Bloomberg)

A woman in a New York City subway car was killed early Sunday after another passenger set her on fire and then watched from a nearby bench in the Brooklyn station as she was burnt alive, the police said.

Panama’s president rebuffed Donald Trump’s threat to reimpose US control over the Panama Canal, saying its shipping tolls aren’t inflated and that sovereignty over the waterway isn’t negotiable.

Source: Bloomberg, 4:55

UK businesses are pushing for Prime Minister Keir Starmer to agree a new deal with the European Union that reduces complexity for exporters, as he seeks to deliver on a promise to “reset” relations with the bloc.

His second term doesn’t start for a month, but Donald Trump is already sending shock waves around the world.

Source: Bloomberg, 5:17

Bloomberg's Morning Briefing Asia will resume publication on Dec. 27.

Source: Bloomberg, 5:20

Among the reasons for Honda Motor Co. to enter merger talks with Nissan Motor Co., one looms large: China.

Source: Bloomberg, 5:50

Palantir Technologies Inc. and Anduril Industries Inc. are in talks to partner with rivals to form a consortium that would bid together for US government work, the Financial Times reported Sunday.

Source: Bloomberg, 5:38