Japan's inflation ticked up in October, and the BOJ may be on track for a rate hike. Masa Takeda, Portfolio Manager at the Hennessy Japan Fund, discusses how Prime Minister Sanae Takaichi's economic package could address inflation.

Plus, the S&P closed lower with morning gains from Nvidia earnings evaporating. Adam Coons, Chief Investment Officer at Winthrop Capital Management, talks today's trading.

Japan's inflation ticked up in October, and the BOJ may be on track for a rate hike. Masa Takeda, Portfolio Manager at the Hennessy Japan Fund, discusses how Prime Minister Sanae Takaichi's economic package could address inflation.
Plus, the S&amp;P closed lower with morning gains from Nvidia earnings evaporating. Adam Coons, Chief Investment Officer at Winthrop Capital Management, talks today's trading.

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

Takaichi and Japan Inflation, Nvidia's S&P Gains Evaporate

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cd17e997-ea27-469a-9640-b39c002a2724/transcript

Business and finance news from the Asia-Pacific.

Asian stocks and US equity-index futures advanced on optimism that the US-Iran talks could lead to a peace deal. However, concerns over a prolonged closure of the Strait of Hormuz have unsettled investors, pushing bond yields higher recently amid fears high oil prices will fuel inflation and force central banks to keep interest rates elevated. Even so, traders have largely brushed aside those risks since the war began in late February, propelling stocks to record highs on renewed enthusiasm for the artificial intelligence trade. We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.

And we go to Shanghai, where the JPMorgan Global China Summit is underway. Bloomberg's Haslinda Amin spoke to Benjamin Vuchot, The Hongkong and Shanghai Hotels CEO about his company's business outlook.

Business and finance news from the Asia-Pacific.
Asian stocks and US equity-index futures advanced on optimism that the US-Iran talks could lead to a peace deal. However, concerns over a prolonged closure of the Strait of Hormuz have unsettled investors, pushing bond yields higher recently amid fears high oil prices will fuel inflation and force central banks to keep interest rates elevated. Even so, traders have largely brushed aside those risks since the war began in late February, propelling stocks to record highs on renewed enthusiasm for the artificial intelligence trade. We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.
And we go to Shanghai, where the JPMorgan Global China Summit is underway. Bloomberg's Haslinda Amin spoke to Benjamin Vuchot, The Hongkong and Shanghai Hotels CEO about his company's business outlook.

Asian Stocks Rise on Optimism Over US-Iran Talks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/733d63c8-5ada-4410-9645-b452002ad42a/transcript

Business and finance news from the Asia-Pacific.

Nvidia Corp. aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support artificial intelligence ambitions. The company faces growing competition from chipmakers trying to carve out a piece of the AI computing business, and major buyers of Nvidia's technology are developing their own in-house components. In other news, SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and the super-voting share plan allowing Elon Musk to keep the company under his control. The rocket, satellite and artificial intelligence giant is giving the billionaire the power to outvote anyone else, and promising him outsize rewards, including as many as 1 billion shares, if he can pull it off, according to a filing Wednesday with the US Securities and Exchange Commission. To break it all down, we spoke to Daniel Newman, CEO of the Futurum Group.

Plus - In a last-minute reversal, Samsung Electronics Co. reached a tentative deal with its labor union, averting a potentially crippling strike that had been scheduled to start Thursday at the world's largest memory chipmaker. The South Korean company said in a statement late Wednesday that "labor and management have reached a tentative agreement on wages and the collective bargaining agreement." The company's union also confirmed suspension of plans for a strike that had been planned for May 21 to June 7. Samsung's stock rose about 5% in pre-market trading on Nextrade. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Tom Kang, Director at Counterpoint Research. 

Business and finance news from the Asia-Pacific. Nvidia Corp. aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support artificial intelligence ambitions. The company faces growing competition from chipmakers trying to carve out a piece of the AI computing business, and major buyers of Nvidia's technology are developing their own in-house components. In other news, SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and the super-voting share plan allowing Elon Musk to keep the company under his control. The rocket, satellite and artificial intelligence giant is giving the billionaire the power to outvote anyone else, and promising him outsize rewards, including as many as 1 billion shares, if he can pull it off, according to a filing Wednesday with the US Securities and Exchange Commission. To break it all down, we spoke to Daniel Newman, CEO of the Futurum Group.
Plus - In a last-minute reversal, Samsung Electronics Co. reached a tentative deal with its labor union, averting a potentially crippling strike that had been scheduled to start Thursday at the world's largest memory chipmaker. The South Korean company said in a statement late Wednesday that "labor and management have reached a tentative agreement on wages and the collective bargaining agreement." The company's union also confirmed suspension of plans for a strike that had been planned for May 21 to June 7. Samsung's stock rose about 5% in pre-market trading on Nextrade. Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Tom Kang, Director at Counterpoint Research.&nbsp;

Nvidia Earnings Beat, SpaceX Files IPO, Samsung Reaches Deal to Avoid Strike

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/49ca9c2d-00e2-4e03-a0cb-b45100123070/transcript

Equities declined as concerns around Iran lingered even after President Donald Trump said he was holding off on fresh strikes on the Middle East country. Oil fell. Brent crude slipped 2% to about $110 a barrel, after earlier falling 2.8%. Trump said plans for a strike on Iran were called off following appeals from Persian Gulf allies, adding that "serious negotiations are now taking place." We spoke to Mark Cranfield, Bloomberg MLIV Strategist.

And - Australian policy makers are increasingly concerned about inflation expectations becoming unanchored, a senior Reserve Bank official said, as the latest oil-price shock from the Iran war hits at a time when underlying price pressures from the previous inflation surge have yet to fully subside. Reserve Bank Assistant Governor Sarah Hunter highlighted the danger of rising inflation expectations in a speech to a Bloomberg Forum for Investment Managers on Tuesday, focusing on persistent price pressures in the economy both before and after the energy shock triggered by the war in Iran. Hunter spoke to Bloomberg TV Host Haidi Stroud-Watts. 

Equities declined as concerns around Iran lingered even after President Donald Trump said he was holding off on fresh strikes on the Middle East country. Oil fell. Brent crude slipped 2% to about $110 a barrel, after earlier falling 2.8%. Trump said plans for a strike on Iran were called off following appeals from Persian Gulf allies, adding that "serious negotiations are now taking place." We spoke to Mark Cranfield, Bloomberg MLIV Strategist.
And - Australian policy makers are increasingly concerned about inflation expectations becoming unanchored, a senior Reserve Bank official said, as the latest oil-price shock from the Iran war hits at a time when underlying price pressures from the previous inflation surge have yet to fully subside. Reserve Bank Assistant Governor Sarah Hunter highlighted the danger of rising inflation expectations in a speech to a Bloomberg Forum for Investment Managers on Tuesday, focusing on persistent price pressures in the economy both before and after the energy shock triggered by the war in Iran. Hunter spoke to Bloomberg TV Host Haidi Stroud-Watts.&nbsp;

Stocks Drop as Iran Concerns Linger, RBA on Inflation

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c9f06eed-f51a-4238-8474-b44f0029dacd/transcript

Takaichi and Japan Inflation, Nvidia's S&P Gains Evaporate

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