Bloomberg Daybreak: Asia Edition

Business and finance news from the Asia-Pacific Nvidia remains in focus as shares extend their decline and scrutiny grows around CEO Jensen Huang. The company's board has brought in a former federal prosecutor to investigate reports Huang was targeted by Chinese intelligence. We spoke with Michael Monaghan, Portfolio Manager of the Founders 100 ETF, about Nvidia's reliance on Huang, the potential fallout across the AI ecosystem and Anthropic's upcoming IPO. Also, Otter AI is expanding its push into Asia after raising 320-million dollars in new funding. The company is adding support for more languages as it looks to grow internationally. Bloomberg TV's Avril Hong spoke with Co-Founder and CEO Sam Liang about the company's expansion, competition in voice AI and the changing environment for artificial intelligence.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific Nvidia shares fell as the broader tech sector rallied, with investors weighing the fallout from CEO Jensen Huang's affair with a woman suspected of working for Chinese intelligence. For more on what the controversy could mean for markets, Bloomberg TV Host Heidi Stroud-Watts spoke with Floodlines Research Founder Anna Wu. Also, Citigroup is expanding its presence in China after winning approval for its wholly owned securities venture. The bank plans to hire about 100 bankers over the next several years, with Citi Global Corporate Banking Co-Head Kaleem Rizvi saying China remains too big for companies to ignore. Citi CEO Jane Fraser is also in China, where she told Bloomberg the country remains one of the biggest strategic opportunities in financial services. Bloomberg's Stephen Engle spoke with Fraser about Citi's expansion, the outlook for China, the AI investment boom and the risks facing the global economy.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Nvidia CEO Jensen Huang admitted to having an affair with a woman suspected of being a Chinese spy, prompting the Nvidia board to launch an investigation. Huang disclosed the romantic relationship in a memo to employees, saying "I was unfaithful to my wife" and that his actions hurt his family, and he is deeply sorry. The incident has sparked concerns about the stewardship of Nvidia, with the board investigation set to examine reports that Huang "has been the target of a foreign intelligence effort". The markets reacted to the news, in addition to the US midterm results. For more Bloomberg TV Host Annabelle Droulers spoke with Sean Darby, Mizuho Securities Asia Managing Director. Also, UBS is hosting its annual Australasia Conference in Sydney, bringing together corporate leaders, policymakers, economists, and institutional investors. It was here that Bloomberg TV Host Heidi Stroud-Watts was able to sit down with UBS CEO Sergio Ermotti.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 data, with a focus on 3 stocks for the week ahead. They include: Paramount Skydance (PSKY) Hims & Hers (HIMS) and TakeTwo Interactive (TTWO) In the UK – a look ahead to Ireland’s biggest summit ever. In Asia – a look ahead to China's Singles Day holiday.  See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian stocks slumped, with tech bellwether Taiwan dropping the most in more than a year, extending a post-election rout in chipmakers that deepened on Wall Street due to growing concern Democrats will seek tighter regulation of the artificial intelligence industry. South Korea's tech-heavy Kospi Index slid as much as 8.8%, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and SK Hynix Inc. both plunging more than 6%. Japan's benchmark Nikkei 225 Stock Average tumbled 5.7%, while the MSCI Asia Pacific Index declined 4.2%. Taiwan's key index sank 6.2%, weighed down by a slump in Taiwan Semiconductor Manufacturing Co. The S&P 500 Index plunged 4.4% on Thursday to mark its worst performance since the April 2025 tariff meltdown. The Nasdaq 100 slid 6.4%, wiping out $2.3 trillion in value as it capped its worst session since March 2020. A closely watched gauge of chip giants tumbled 12%, with Nvidia Corp., Qualcomm Inc. and Arm Holdings Plc among the biggest decliners. In a sign markets may be starting to stabilize, futures on the Nasdaq gauge gained 0.9%. We speak to Bloomberg's Sunny Bangia. And  - Richard Howes, Managing Director at Hearts & Minds Investment, discusses the investment opportunities in the private credit markets. He speaks with Haidi Stroud-Watts on the sidelines of the Sohn Hearts & Minds conference in Queenstown, New Zealand.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian stocks were mixed as consumer and financial stocks rose following gains in US equities, while investors rotated away from semiconductor shares. The majority of stocks in the MSCI Asia Pacific Index gained after the S&P 500 Index jumped 1.6% on Wednesday, its biggest advance in three months, and the Nasdaq 100 climbed 0.9%. South Korea's tech-heavy Kospi Index dropped 3.6%, reflecting investor concerns over the future of data-center development and losses in US chip stocks. The equity market rally since the US election signals that investors are willing to look past a potential policy gridlock in Washington after Democrats wrested control of both chambers of the US Congress. The gain in Treasuries on oil's slump and speculation that the so-called blue wave would limit President Donald Trump's ability to add to the deficit is also seen as supporting stocks. We spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. And - The Republican Party's generational collapse in this week's midterm elections ushered in a wave of finger-pointing largely aimed at the Oval Office, exposing deep fissures within the party and opening the door for 2028 hopefuls to hone their message. Vice President JD Vance, the GOP's presumed frontrunner, on Wednesday distanced himself from both President Donald Trump and the war against Iran. He blamed the party's defeat on the war, the cost of living and US-Israel ties, saying the conflict cost his party the Senate for at least six years. To those who are angry and "want to say, 'I told you so,'" Vance wrote in a lengthy social media post, "you're right, you did tell us so." Bloomberg's Paul Allen and Haidi Stroud-Watts spoke to International Capital Strategies CEO Heidi Crebo-Rediker.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. The Hong Kong Monetary Authority's fifth edition of the Global Financial Leaders' Investment Summit will convene approximately 280 global financial leaders in Hong Kong, including around 120 group chairpersons and CEOs to discuss key macroeconomic trends, financial market shifts, and emerging technological advances across sectors and asset classes. We feature our top interviews at the event.  Morgan Stanley CEO Ted Pick says the AI capex boom is only in the 'second inning' as Wall Street's top chiefs expect capital markets will continue to underwrite the global artificial intelligence infrastructure buildout. Speaking exclusively to Bloomberg's David Ingles and Yvonne Man, Pick projected cumulative spending could reach US$10-15T over the next decade. PIMCO CEO Emmanuel Roman believes the sovereign debt markets are very 'well anchored' and says the developments in middle east and the oil market is the reason the interest rates are higher. In an exclusive conversation with Bloomberg's Yvonne Man and David Ingles, Roman adds that AI's long term impact on the economy will be deflationary. See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Asian stocks fell after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress toward ending the war in Iran. The yuan weakened. The MSCI Asia Pacific gauge dropped 0.7%, with South Korea's tech-heavy Kospi Index sliding more than 3%. The decline came after a gauge of US chipmakers extended a three-day rout to 12% while the Nasdaq 100 sank 10% from its peak, entering a technical correction. In a sign that some investors are looking to buy the dip, US stock futures gained. Japanese markets were closed for a holiday. Chinese equities were mostly lower even after the central bank said it would encourage financial institutions to make greater use of stock-support tools and optimize their terms as authorities seek to bolster market stability. We speak to Lianting Tu, Managing Editor for Asia Equities. And - Goldman Sachs Group Inc. CEO David Solomon said that capital markets remain receptive as investors assess surging demand for AI and compute power. However, Solomon cautioned that technological supercycles rarely advance in a straight line. He spoke to Bloomberg TV from the sidelines of the Hong Kong Monetary Authority's Global Financial Leaders' Investment Summit.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. A selloff in stocks eased during Asian trading on Monday as regional equities fell less than their Wall Street peers and US equity futures turned higher. Benchmark equity indexes dropped in Japan and Australia, while rising in South Korea and Hong Kong, leaving the MSCI Asia Pacific Index down by 0.6%. That followed a Friday session where the Nasdaq 100 Index slumped 3.5% — its worst day since June — while the Philadelphia Semiconductor Index plunged 7.2%. Futures on the S&P 500 and Nasdaq 100 both climbed at least 0.4% on Monday, pointing to a recovery when US cash markets reopen. We speak to Bloomberg's MLIV Strategist David Savage. And the Women Chief Executives Summit is underway in Hong Kong. The event brings together current and former female chief executives from major financial institutions to discuss diversity, inclusion and Hong Kong’s development as an international financial center. Bloomberg’s Yvonne Man spoke to Capital Group Vice Chair Jody Jonsson.See omnystudio.com/listener for privacy information.

From the worlds of art and creativity to international business and strategy, this episode explores how cultural fluency can become a competitive edge. Hear from Phyllis Kao, Vice President of Luxury and Auctioneer at Sotheby's; Alan Gilpin, CEO of World Rugby; Judy Liu, co-founder of Trinity Asia; and Maggie Ng, CEO of HSBC Hong Kong on how to feel at home across different cultural and geographical contexts. This episode is sponsored by HSBC.See omnystudio.com/listener for privacy information.