Ford announced a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The strategic shift will result in $19.5 billion in charges, the company said Monday. CEO Jim Farley joined “The Close” to discuss the change and future EV plans https://bloom.bg/4rZVTFe

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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.

Chapters:
00:00:00 – Bloomberg: The Asia Trade begins
00:02:16 – Xi tests China’s reach by blocking Meta deal already done
00:06:46 – Stocks hold near records in countdown to tech earnings
00:12:56 – BOJ rate path in focus as yen teeters
00:18:17 – White House: Trump discusses Iran proposal with aides
00:25:16 – JPMorgan Securities’ Ayako Fujita on BOJ, Japan’s economic outlook
00:32:38 – Pre‑war stock playbook returns as traders favor Asia over US
00:38:40 – BYD profit likely fell, though recovery taking shape
00:41:34 – India, New Zealand sign “once‑in‑a‑generation” trade deal
00:47:25 – Markets open in Japan, South Korea, and Australia
00:49:51 – Central bankers to decide amid Iran war risks
00:55:00 – Bank of America President of International Bernard Mensah on business risks, opportunities
01:06:16 – Germany’s Merz says Trump being “humiliated” in Iran talks
01:17:46 – HK IPO demand strong as Xizhi debuts
01:22:54 – AUSTRALIA AHEAD: Fortescue Deputy Chairman Mark Barnaba on expansion plans, green transition
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President Donald Trump convened his national security team to discuss Iran’s proposal to end a war now in its third month and which has left thousands dead across the Middle East, as well as disrupted energy supplies. Bloomberg’s Joumanna Bercetche has the latest.
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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to …

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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, US Representative …

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