Bloomberg Daybreak Asia: Business News You Need to Start Your Day in Just One 15-Minute Podcast

First Republic says it's pursuing strategic options now and seeking to shrink its balance sheet. UBS will have big challenges ahead following that emergency takeover of Credit Swiss. Tesla is increasing its forecast for CapEx again and looks to be targeting $9 billion in 2023. A second round of job cuts underway at Walt Disney as Wall Street shifts focus from subscriber growth to the expense of operating online video platforms.