Bloomberg Daybreak: Asia Edition

Business and finance news from the Asia-Pacific. The hottest name in China's domestic AI industry is Moonshot. The company's AI model -- known as Kimi K3 -- was released last Friday. It shows China is closing the gap on OpenAI and Anthropic more rapidly than anticipated -- even with limited access to the most advanced processors from Nvidia. We speak about the market reaction with David Savage, Bloomberg's MLIV Strategist. And -- Top diplomats from across South East Asia are gathering at the ASEAN Foreign Ministers' Meetings. US Secretary of State Marco Rubio will attend along with Chinese Foreign Minister Wang Yi. There is a lot of topics in focus, including Myanmar's future, the situation in the Middle East, China and Philippines bilateral relations. Bloomberg TV Host Avril Hong spoke to Bec Strating, Director of La Trobe Centre for Global Security. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Oil climbed to the highest level in more than a month and bonds fell as US and Iranian attacks escalated, renewing inflation concerns. Stocks stabilized after a technology-led selloff rattled markets last week. Treasury 10-year futures slipped 7/32, with trading in the cash market shut during Asian hours Monday because of a holiday in Japan. Government bonds in Australia and New Zealand also declined on concern that higher oil prices will stoke inflation. Equities were mixed. Nasdaq 100 futures rose 0.2% after Friday’s selloff, as Moonshot AI told investors it plans to go public within six months after its latest model challenged perceptions of US leadership in artificial intelligence. MSCI’s Asia Pacific equity index was little changed, while South Korea’s Kospi index fell 2.8% as traders returned following a holiday on Friday. For a look at the markets, Bloomberg TV Host Avril Hong spoke to Homin Lee, Senior Macro Strategist at Lombard Odier. Brent rose as much as 3.8% to $91.42 a barrel, the highest level since June, with back-and-forth strikes that have expanded beyond military targets. For an outlook of how the oil story is impacting the Asia-Pacific, Bloomberg TV Host Paul ALlen spoke to Illiana Jain, International Ecnomist at Westpac Banking Corporation.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to new home sales data with a focus on three stocks for the week ahead. In the UK – a look ahead to the UK preparing to usher in its 7th Prime Minister in 10 years. In Asia – a look ahead to Japan Marine Day. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific.West Texas Intermediate traded above $80 a barrel after adding more than 11% in the previous three sessions, as the US continued its attacks on Iran in a bid to secure shipping through the Strait of Hormuz. Gasoil prices, however, were a touch weaker in the previous session.Equity-index futures pointed to declines in Japan and South Korea, while those for Hong Kong and Australia indicated gains. Earlier, the tech-heavy Nasdaq 100 fell 0.3%, while a US semiconductor gauge pared some of its losses to finish down more than 2%. For a look at the markets we spoke to Ross Mayfield, Investment Strategist at Baird.For a look at trade across the world, we bring you a special interview, Bloomberg's David Gura sat down with US Trade Representative Jamieson Greer to discuss the section 301 investigation on Brazil, the trade surplus with Switzerland, and more.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific.Oil rose for a third day as President Donald Trump threatened further strikes on Iran, hours after the US resumed its blockade on the Islamic Republic’s shipping through the Strait of Hormuz. Global benchmark Brent advanced 1.8% to above $86 a barrel after surging 11% in the previous two sessions.The weak US inflation numbers and a strong start to the earnings season have revived the AI trade, boosting technology stocks after a recent bout of volatility. While the data gives the Fed more room to keep rates on hold, escalating tensions in the Middle East continue to cloud the inflation outlook by threatening higher energy prices. We spoke to Paisley Nardini, Portfolio Manager at Simplify Asset Management.For a preview of the incoming economic data out of China, Bloomberg TV Host Avril Hong talked to Peiqian Liu, Asia Economist at Fidelity International.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific.Oil extended gains and Treasuries held their losses after the standoff between the US and Iran intensified, raising concern that supply disruptions will reignite inflation and strengthen the case for higher interest rates.Brent climbed as much as 2.8% to $85.64 a barrel. The commodity jumped 9.6% on Monday — its biggest gain since May 2020 — after President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway. We spoke to Rob Haworth, Senior Investment Strategy Director at US Bank Wealth Management.For more analysis on how the new blockades are affecting oil prices and inflation, Bloomberg TV Hosts David Ingles and Yvonne Man talked to Chris Weston, Head of Research at Pepperstone.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. For analysis on the week ahead, highlighted by the US-consumer price report and two days of testimony from Fed Chair Kevin Warsh, Bloomberg TV Host Shery Ahn spoke to Frederic Neumann, Chief Asia Economist at HSBC. Oil rose and Treasuries fell after the US launched another round of strikes against Iran, reviving concern that higher energy prices will keep inflation elevated and interest rates higher for longer. Brent crude climbed 4.4% to $79.35 a barrel as conflicting claims over the status of the Strait of Hormuz fueled speculation about potential supply disruptions. Treasuries dropped across the curve with the yield on the rate-sensitive two-year note climbing three basis points to 4.24%, the highest since February 2025. Australian and Japanese sovereign bonds also fell, while the dollar strengthened against all of its Group-of-10 peers. For more on this, Bloomberg TV Host Avril Hong talked to Mark Cranfield, Bloomberg Strategist.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host John Tucker take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with a focus on three stocks for the week ahead. In the UK – a look ahead to what lays ahead for the European Central Bank as it grapples with a uncertain inflation landscape. In Asia – a look ahead to South Korea’s Constitution Day. See omnystudio.com/listener for privacy information.

Bloomberg’s David Gura hosts a special edition of Bloomberg Tech as SK Hynix starts trading on the Nasdaq, in what is the biggest-ever US listing by a foreign company. He recaps Ed Ludlow's sit-down interview with SK Group Chairman Chey Tae-won from the Nasdaq, and dives deeper into the listing's impact on the rest of the US chip sector.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. SK Hynix Inc. raised $26.5 billion in its American depositary receipt offering, as the South Korean memory chipmaker powered through volatility to deliver the largest ever US first-time share sale by a foreign company. The company sold 177.9 million ADRs for $149 each, according to a statement confirming an earlier Bloomberg News report. Each ADR is equivalent to a 10th of a Seoul-traded common share. At $26.5 billion, the offering tops Alibaba Group Holding Ltd.'s US debut to become the third biggest listing in history, according to data compiled by Bloomberg. We speak to Lianting Tu, Bloomberg's Managing Editor for Asia Equities. And for more analysis on SK Hynix, Bloomberg TV host Shery Ahn spoke to Brendan Burke, Research Director, Semiconductors, Supply Chain & Emerging Tech at the Futurum Group.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. The US military struck Iran for the second straight day, an escalation of violence that threatens to strain an already fragile ceasefire. The attacks came just hours after President Donald Trump at the NATO summit in Turkey said the US would probably target Iran again. The US launched attacks on Tuesday and revoked a waiver allowing new sales of Iranian oil in response to attacks on ships in the Strait of Hormuz that the administration blamed on the Islamic Republic. Oil extended its gains. We spoke to Stephen Stapczynski, Bloomberg's Asia Energy Team Leader. Plus - China's consumer prices rose slower than expected and factory inflation showed signs of peaking, after a pullback in commodity costs with an easing of tensions over Iran last month. The consumer-price index decelerated to 1% in June from a year earlier, compared with a gain of 1.2% in the previous month, according to data released by the National Bureau of Statistics on Thursday. The median estimate in a Bloomberg survey of economists was 1.1%. Producer inflation accelerated slightly to 4.1% from a year ago, matching forecasts. On a month-on-month basis, factory prices declined 0.3% from May, their first drop since July 2025. Bloomberg TV hosts Haidi Stroud-Watts and Avril Hong spoke to Robin Xing, Chief China Economist at Morgan Stanley. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific.Oil prices rose and Asian stocks were little changed as investors assessed the implications of renewed geopolitical tensions for energy supplies and risk assets. The moves came after US benchmarks fell on Tuesday, with a gauge of chip stocks dropping more than 4%. The Nasdaq 100 slid 1.8%. For more on the market action, we spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.Plus - The US launched airstrikes in Iran and revoked a waiver that allowed it to sell oil globally, further imperiling a peace agreement after a series of attacks on ships in the Strait of Hormuz. The US Treasury Department announced it was barring new sales of Iranian oil after July 7, a key incentive intended to get Tehran to abide by a deal that calls for reopening the strait. The American actions marked the most serious threat yet to the interim agreement signed between the two countries' leaders on June 17, and threatened to scuttle negotiations aimed at achieving a permanent peace. Bloomberg TV host Paul Allen spoke to Jessica Genauer, Public Policy Institute Academic Director and Associate Professor in International Relations at the University of New South Wales (UNSW).See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian equities dropped as technology shares came under renewed selling pressure due to investors rotating into other corners of the market. Chip bellwether Samsung Electronics Co. fell after its results. Samsung Electronics Co.'s quarterly profit surged 19-fold, but failed to impress investors accustomed to eye-catching growth from the suppliers of chips to the global AI boom. We speak to Bloomberg MLIV Strategist Mark Cranfield. Plus - The yen should be as much as 20% stronger than it is — around 130 per dollar, a former top foreign exchange official in Japan said, pushing back against those speculating that the currency might continue its slide. Bloomberg TV host Shery Ahn spoke exclusively to Tatsuo Yamasaki, who served as vice finance minister for international affairs a little over a decade ago about his outlook on the Japanese currency. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Australia will host Indian Prime Minister Narendra Modi next week for an annual leaders summit. Modi will also visit Indonesia and New Zealand. For more on India and New Zealand's relationship, we speak to Ainsley Thomson, Bloomberg's Wellington Bureau Chief. Plus - Asian stocks and US equity-index futures pared their initial gains Monday as technology stocks lost momentum. Bloomberg TV hosts Yvonne Man and David Ingles spoke to Jun Bei Liu, Ten Cap Co-founder and Lead Portfolio Manager.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – we look at the potential impact of AI on the labor market In the UK – we preview the upcoming NATO summit in Turkey In Asia – we discuss inflation in China ahead of new economic data See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. It's been a mixed day in equities after two days of tech-led losses in the US that were fueled by concerns the artificial intelligence-driven rally had run ahead of itself. We speak to Charlotte Yang, Bloomberg's Asia Equities reporter. Plus - Samsung Electronics Co. shares climbed 6.5% following a report that Anthropic PBC is in talks with the Korean company to manufacture a custom artificial intelligence chip. Bloomberg's Shery Ahn speaks to Bob O'Donnell, President and Chief Analyst at TECHnalysis Research.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. In the equity market, a selloff in US chipmakers reignited concerns that the artificial intelligence-driven rally has outpaced fundamentals. We speak to Jeff Buchbinder, Chief Equity Strategist for LPL Financial. Plus - We go to Japan, where one of its largest startup conferences, IVS 2026 is underway. Investors, major corporations, entrepreneur are gathering up to discuss the renewed strength and competitive ness of Japan's startups. Bloomberg's Haidi Stroud-Watts spoke to Clarey Zhu, a Growth Partner at Headline.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Chip stocks posted their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. "The story of the past six months is the market going all-in on AI infrastructure, but now people are asking if this is sustainable and if we should be worried," said CJ Muse, senior managing director and technology analyst at Cantor Fitzgerald. The Philadelphia Stock Exchange Semiconductor Index jumped 3.9% on Tuesday to bring its second-quarter gain to 88%, its best quarter ever. It soared 101% in the first half, putting it on track for its best year in its history. In contrast, the tech-heavy Nasdaq 100 Index climbed 28% in the second quarter, while the S&P 500 Index rose 15%. It was both of their best quarters since 2020, but the performances were dwarfed by the surge in chip stocks. We speak to Lianting Tu, Bloomberg's Managing Editor for Asia Equities. Plus - The yen traded around 162.65 per dollar after falling to a 40-year low this week. The currency's slide to a four-decade low against the dollar left traders eyeing Japan's next intervention threshold. After the currency weakened past the 162 per dollar level on Tuesday, strategists increasingly pointed to 163 and beyond, arguing the Finance Ministry may tolerate a weaker yen than it did in 2024. Bloomberg TV hosts Yvonne Man and Avril Hong spoke to Christopher Wong, Executive Director and FX Strategist at OCBC.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. The yen slid to its weakest level against the dollar since 1986, a milestone that will generate unease in Japan and put traders on high alert for authorities wading into the market. The currency depreciated 0.2% to touch 161.98 versus the greenback in New York trading overnight, breaching the 161.95 mark touched in July 2024 during an earlier campaign by Japan to shore up the exchange rate. The last time the yen traded at this level it was barreling in the opposite direction, midway through a massive and years-long rally that followed a currency accord engineered by the US. The world was a different place — Japan's asset bubble was still forming, the Soviet Union was cleaning up after the Chernobyl nuclear disaster and Top Gun had just launched Tom Cruise toward the pinnacle of Hollywood stardom. We speak to David Finnerty, Bloomberg's FX and Rates Strategist. Plus - China's factory activity improved more than expected in June, as booming exports offset cooling growth in the domestic economy.The official manufacturing purchasing managers' index climbed to 50.3, versus 50 in May, the National Bureau of Statistics said Tuesday. The median estimate of economists surveyed by Bloomberg was 50.1. The non-manufacturing measure of activity in construction and services unexpectedly rose to 50.2 from 50.1 last month. Bloomberg's Yvonne Man and Avril Hong spoke to Helen Qiao, Chief Economist for Greater China at Bank of America Global Research.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. An artificial-intelligence bust, inflation and fiscal stress are among the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution cited those on a list of "pressure points" that currently "demand attention," with underlying financial vulnerabilities lurking that could amplify any shock. We speak to Oliver Shale, Investment Specialist at Ruffer. Plus - South Korea's Samsung Group and SK Group are poised to announce as much as 2,000 trillion won ($1.3 trillion) of investments over the next decade as part of President Lee Jae Myung's flagship industrial strategy, the Korea Economic Daily reported. The two groups are expected to unveil the package when their leaders present the plans at the presidential office on Monday, the newspaper said, without giving details of where it obtained the information. Samsung Electronics Co. and SK Hynix Inc. are each expected to build four to five semiconductor fabs in the Gwangju area, in the country's southwest, the newspaper said. Samsung is also expected to build chip packaging plants in South Chungcheong province while SK Hynix will expand NAND plants in North Chungcheong province, the newspaper added. Bloomberg TV hosts Shery Ahn and Paul Allen speak to Shaun Cochran, CITIC CLSA Head of Research.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the U.S June jobs report with a focus on three stocks for the week ahead. In the UK – a look ahead to this year’s Wimbledon tournament. In Asia – a look ahead to key readings on growth and inflation for Vietnam's economy. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Micron Technology, the largest US maker of computer memory chips, surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong. Revenue will be approximately $50 billion in the fiscal fourth quarter, which runs through August, the company said in a statement Wednesday. Analysts estimated $43.2 billion on average. Excluding some items, profit will be about $31 a share, compared with a projection of $25.31. For more on the market reaction, we speak to Jed Ellerbroek, Portfolio Manager at Argent Capital Management. Plus - Canada plans to send warships to the Indo-Pacific in two deployments this year, its defense minister said, part of a move to deepen military ties with regional allies even as Ottawa also endeavors to build closer trade relations with China. Defense Minister David McGuinty speaks to Bloomberg TV host Shery AhnSee omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal. Vice President JD Vance, attending the discussions in Switzerland, described the first round of negotiations as "very, very good" and said Iran had agreed to allow nuclear inspectors back into the country — a claim later backed up by President Donald Trump. But Iranian officials, who also cited progress, challenged that claim, saying Vance's assertion was "false and does not reflect reality." For a closer look at what is going on in the oil market, we speak to Stephen Stapczynski, Bloomberg's Asia Energy Team Leader. Plus - The World Economic Forum's Annual Meeting of the New Champions, often known as "Summer Davos", will be held this week in the Chinese port city of Dalian. This year's theme is "Innovating at Scale" and will bring together global leaders from government, business and academia, along with innovators and representatives from international organizations, media and civil society. Bloomberg's Stephen Engle sits down with Andre Hoffmann, World Economic Forum Co-Chair. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Oil gave up early gains and Asian stocks climbed as investors welcomed signs of diplomatic progress between the US and Iran. "Encouraging progress has been made including the creation of a mechanism for further technical talks," mediators Qatar and Pakistan said in a joint statement. The sides also established a communication line to avoid incidents and miscalculation, with the aim of ensuring safe passage for commercial vessels through the Strait of Hormuz. Technical-level discussions will continue this week. We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. Plus - for more on the market moves, Bloomberg TV hosts Yvonne Man and Avril Hong spoke to Cusson Leung, KGI International Wealth Management.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next U.S PCE and GDP data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to London Climate Action Week. In Asia – a look ahead to Australia CPI data. - Stuart Paul, US Economist with Bloomberg Economics, previews U.S PCE and GDP data.- Avalon Pernell, Bloomberg Equities Reporter, focuses on 3 stocks for the week ahead.- Joe Wertz, Bloomberg Weather and Climate Reporter, to preview London Climate Action Week.- Olivia Rudgard, Bloomberg Green reporter, to preview London Climate Action Week.- James McIntyre- Bloomberg Economist Covering Australia and New Zealand, previews Australia CPI data.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian stocks hovered near record highs in holiday-thinned trading as optimism that the reopening of the Strait of Hormuz will restore oil flows and curb inflation pressures buoyed risk appetite. The MSCI Asia Pacific Index was little changed after five straight days of gains, while the chip-heavy Kospi was the top performer in the region, jumping 2.6%. A gauge of the sector in the US surged more than 6% to an all-time high, led by Intel Corp., after President Donald Trump said the company would work with Apple Inc. to design and manufacture semiconductors in the country. We speak to Lianting Tu, Bloomberg's Managing Editor for Asia Equities. Plus - The US-Iran interim peace deal took effect and shipping started returning to the Strait of Hormuz as the US declared an end to its blockade and a complex negotiating period over Tehran's nuclear program began in earnest. US Vice President JD Vance told reporters Thursday at the White House that the 60-day clock for working out the contentious details in the so-called memorandum of understanding signed late Wednesday had started ticking. He downplayed concerns Iran could eventually impose tolls on traffic through the Strait of Hormuz, a move that would turn the crucial transport chokepoint — widely considered international waters — into a moneymaker for Tehran. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn speaks to Jessie Moritz, Senior Lecturer in Political Economy -- ANU Centre for Arab and Islamic Studies.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Federal Reserve Chairman Kevin Warsh vowed to restore price stability following his first policy meeting since taking the helm of the US central bank, after officials left interest rates unchanged and signaled growing support for rate hikes this year. "Persistently high prices are a burden for the American people, but the recent past need not be prologue," Warsh said in his debut press conference as chairman. Officials "are unambiguous and unanimous. This committee will deliver price stability." At the same time Warsh played down somewhat the projections from his colleagues showing nine officials foresee at least one quarter-point hike this year, with six anticipating at least two. Another nine expected no move or a cut. We speak to Jeffrey Roach, Chief Economist for LPL Financial.. And for more analysis on the Fed's decision, Bloomberg TV host Avril Hong spoke to Homin Lee, Senior Macro Strategist at Lombard Odier.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Bonds advanced ahead of the Federal Reserve's policy decision, as a slide in oil prices to a three-month low helped ease concerns of a renewed inflation shock. Investors are also reassessing the global interest-rate outlook as the Fed meets for the first time under Chairman Kevin Warsh, with some expecting no changes this week and a shift in how the Fed communicates with markets. We speak to David Finnerty, Bloomberg's FX and Rates Strategist. Plus - the US and Iran are preparing to formally sign an interim peace deal that's left both sides claiming victory, with details of the accord still emerging and leaving many European governments, energy investors and shipping companies with reservations about how fast the Strait of Hormuz can return to pre-war conditions. Bloomberg TV Hosts Haidi Stroud-Watts and Shery Ahn spoke to Parash Jain, HSBC Global Head of Transport and Logistics Research about his outlook on shipping ahead of Hormuz reopening. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific.Global stocks and bonds climbed on Monday as the US-Iran deal spurred a decline in oil prices and raised hopes that the war that has jolted markets since the end of February may be close to an end. Investors continue to monitor developments in the Middle East, watching for signs whether shipping traffic through the Strait of Hormuz is returning to normal and assessing if the peace accord will hold. We spoke to Stephen Stapczynski, Asia Energy Team Leader for Bloomberg News. Plus for the market reaction in the Asia Pacific, Bloomberg TV hosts David Ingles and Yvonne Man spoke to Tai Hui, JPMorgan Asset Management APAC Chief StrategistSee omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Stocks rallied, oil slumped and the dollar fell after the US and Iran said they had reached a deal to reopen the Strait of Hormuz. The Strait of Hormuz will be "opening" on Friday upon the signing of the deal with Iran, President Trump said in a post on Truth Social. The deal announcement came first from Pakistani Prime Minister Shehbaz Sharif, and was followed by Trump and Iranian state media. Neither side released the text of the deal but the broad contours had circulated for days. We spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. Plus for more on the US-Iran's peace agreement, Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to William Roebuck, executive vice president of the Arab Gulf States Institute.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next FOMC decision, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to a high stakes UK election and Bank of England decision. In Asia – a look ahead to a monetary policy decision from the Bank of Japan. See omnystudio.com/listener for privacy information.

Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s empire into one of the most valuable public companies in the world. The stock climbed as high as $176.52, or 31% above its offering price, less than two hours after the shares started trading shortly before noon in New York. The jump in price turned Musk into the world’s first trillionaire and sent the company’s market capitalization above $2 trillion. For instant reaction and analysis, Bloomberg's Kailey Leinz speaks with: Yahaira Anand, Bloomberg Television Reporter Craig Trudell, Bloomberg News Managing Editor of Global Business Coverage Ed Ludlow, Bloomberg Tech co-host See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Bank of Japan Governor Kazuo Ueda's hospitalization is generating uncertainty among investors over the central bank's messaging at its policy meeting next week, even as they remain convinced officials will raise interest rates. Ueda is expected to miss the BOJ's meeting on June 15-16 and will refrain from casting a vote, but will express his views via a statement. Deputy Governor Ryozo Himino will serve as acting chair while another deputy, Shinichi Uchida, will host a post-meeting press conference. Ueda's absence is unlikely to shift expectations of a hike, but uncertainty is growing among market participants about how clearly Uchida will communicate at the press conference. The BOJ's cautious approach to rate hikes has been weighing on the yen due to the large interest rate differential between the US and Japan. We speak to Winnie Hsu, Bloomberg's Asia Equities Reporter Plus - SpaceX has made history with the biggest-ever IPO, sending it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire. The company raised $75 billion in the IPO, pricing 555.6 million shares at $135 each, according to a statement on its website Thursday. SpaceX's IPO is more than double the size of Saudi Aramco's $29.4 billion listing in 2019. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Jay Ritter, Warrington College of Business, The IPO Initiative Director & Emeritus Professor.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Stocks dropped as Middle East tensions flared up with new US attacks on Iran, weighing on markets already grappling with a selloff in richly valued tech stocks. Oil climbed. The latest US strikes have injected more volatility into global financial markets and threaten to further crimp oil supplies. We speak to Mark Cudmore, Global Leader of the Markets Live Team at Bloomberg News. Plus - The American military launched strikes against "multiple" targets in Iran for the second straight day after President Donald Trump accused the country of dragging out talks on an interim peace deal. US Central Command said on X that it had begun "additional self-defense strikes" at 5:15 p.m. New York time on Wednesday. About four hours later, in another post, Centcom declared the operation complete and that military surveillance systems, air defense sites and communication systems were the targets. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Lanhee Chen, Fellow in American Public Policy Studies at the Hoover Institution at Stanford University. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific.Oil steadied after Israel and Iran agreed to end attacks against each other following an escalation of violence that threatened to derail efforts to end the war in the Middle East. We spoke to Stephen Stapczynski, Bloomberg's Asia Energy Team Leader. Plus - Asian stocks rebounded from their biggest drop since March as tensions in the Middle East eased and a selloff in artificial intelligence shares abated. South Korean shares climbed 3% after investors returned to the AI trade, which sent Wall Street gauges shares of chipmakers including Nvidia Corp. and Intel Corp. higher. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Marc Franklin, Head of Multi-Asset Solutions at Manulife Investment Management.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Stocks extended losses as a selloff in technology shares gathered pace and a robust US jobs data boosted bets on Federal Reserve interest-rate hikes. Oil rose and Treasuries fell as tensions flared in the Middle East. For more on the markets, we spoke to Lianting Tu, Bloomberg's Managing Editor for Asia Equities. Plus - South Korean stocks plunged as investors pulled back from artificial intelligence bets that have fueled the bull market in global equities. Bloomberg's Yvonne Man and Stephen Engle spoke to Sean Taylor, Chief Investment Officer and Portfolio Manager at Matthews Asia. See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to London tech week. In Asia – a look ahead to China PPI and CPI data. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian stocks declined along with US equity-index futures as enthusiasm for the artificial intelligence trade cooled after driving markets to record highs this year. Stocks are pulling back from record highs as Broadcom Inc.'s outlook for AI-chip sales fell short of elevated expectations, pausing a blistering advance in semiconductor shares from their war-driven lows. Investors now face a crucial test on Friday with the US jobs report, which could reshape expectations for Federal Reserve policy and determine whether the AI-fueled rally broadens further or loses momentum. We speak to Winnie Hsu, Bloomberg's Asia Equities Reporter. And for more analysis on the markets, Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to George Boubouras, Head of Research and Managing Director at K2 Asset Management.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian stocks fell alongside US equity-index futures as the AI-fueled rally that powered global equities to record highs lost momentum after a weak forecast from Broadcom. Asian losses followed a pullback on Wall Street, where the S&P 500 snapped a nine-day winning streak as renewed US-Iran clashes damped risk appetite. Some relief emerged early Thursday after the US announced a ceasefire between Israel and Lebanon, helping Brent crude halt a three-day rally. For more on the markets, we speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. Plus - SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk's rocket, satellite and artificial intelligence company targets a historic debut that could clear a path for more mega-listings. The Starbase, Texas-based company plans to market about 555.6 million shares for $135 each, according to its filing Wednesday with the US Securities and Exchange Commission. At that price, SpaceX would have a market value of almost $1.77 trillion based on the outstanding shares in the filing. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Sylvia Jablonski, CIO at Defiance ETF's.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian shares eased from record highs and oil held gains as efforts to revive a peace deal with Iran showed little progress. Even as the AI-driven rally continues to propel equities to record highs, financial markets have been whipsawed by geopolitical headlines after an escalation in Middle East hostilities jeopardized peace negotiations. For more on the markets, we heard from Willem Sels, Global CIO at HSBC Private Bank and Premier Wealth. He spoke to Bloomberg TV hosts Paul Allen and Haidi Stroud-Watts. Plus - COMPUTEX 2026 is themed "AI Together", focusing on three main topics: AI & Computing, Robotics & Mobility, and Next-Gen Tech—creating the ideal platform for global tech leaders to find international partners. CEOs from the world's leading technology companies will be in Taipei to discuss the outlook for AI and semiconductor demand. Bloomberg's Stephen Engle spoke to Craig McDonnell, ABB Robotics Business Line Managing Director Industries.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Oil climbed and the dollar strengthened as negotiations to extend the US-Iran ceasefire showed few signs of a breakthrough. Brent crude rose above $93 a barrel, rebounding from its lowest close since mid-April as tensions in the Middle East remained elevated and efforts to reopen the Strait of Hormuz showed little progress. For more on the markets, Bloomberg TV host Haidi Stroud Watts spoke to Jun Bei Liu, Ten Cap Co-founder and Lead Portfolio Manager. Plus - Philippine Defense Secretary Gilberto Teodoro outlines deepening military ties with a network of US allies or defense partners to Bloomberg TV. He tells Haslinda Amin why it's important to work together on military deterrence. They speak on the sidelines of the Shangri-La Dialogue in Singapore.See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the May jobs report, along with a focus on three stocks for the week ahead. In the UK – a look ahead to what comes next in the Ukraine war following fresh EU funds to Ukraine. In Asia – a look ahead to Australia GDP data. See omnystudio.com/listener for privacy information.