On today's episode, we discuss China's plan to revive consumption by boosting people's incomes. That is according to the official Xinhua News Agency. This is part of Beijing's plan that adds to recent pledges by the government to support demand in an economy threatened by President Donald Trump’s tariffs. We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets

Plus we take a look at how Trump's trade salvo will shape US markets with Joy Yang, Head of Index Product Management & Marketing at MarketVector Indexes.

On today's episode, we discuss China's plan to revive consumption by boosting people's incomes.&nbsp;That is according to the official Xinhua News Agency.&nbsp;This is part of Beijing's plan that adds to recent pledges by the government to support demand in an economy threatened by President Donald Trump&rsquo;s tariffs.&nbsp;We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets Plus we take a look at how Trump's trade salvo will shape US markets with Joy Yang, Head of Index Product Management &amp; Marketing at MarketVector Indexes.

Listen for business and finance news centered in the Asia-Pacific region. 

Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

China Maps Out Plans to Bolster Consumption

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3dee4166-dcfc-4be7-ae2d-b2a3001ee9b3/transcript

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. 

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 &mdash; 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.&nbsp;
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.&nbsp;

Iran Oil Waiver Offers Lifeline to Tehran as Talks Proceed

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fa9e7639-d249-4f03-af13-b472001e6639/transcript

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.

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, &nbsp;KGI International Wealth Management.

Oil Drops, Asia Stocks Rise on Iran Talks Progress

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ced1e595-af9b-4207-8183-b47100335281/transcript

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.

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 &mdash; widely considered international waters &mdash; 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.

Kospi Jumps on Chipmakers, US Ends Hormuz Blockade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c91d33e0-315f-447f-8f42-b46e0033bcee/transcript

China Maps Out Plans to Bolster Consumption

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