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Uncertainty in Markets as Trump’s Tariffs in Legal Limbo | Bloomberg: The Asia Trade 5/30/25

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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 Sydney with Haidi Stroud-Watts and Paul Allen, 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
00:02:44 – Appeals court gives Trump tariff reprieve
00:10:30 – Trump presses Powell to cut rates
00:16:21 – Taiwan ‘optimistic’ about US trade talks
00:23:50 – BREAKING: Japan April jobless rate 2.5%
00:24:40 – BREAKING: Tokyo May overall consumer prices rise 3.4% Y/Y
00:26:01 – Oasis Management’s Seth Fischer on investment strategy
00:34:24 – New Zealand Defense Minister Judith Collins on tensions, China
00:46:57 – Markets open in Australia, Japan & South Korea
00:50:20 – JPMorgan Asset Management’s Aisa Ogoshi on markets outlook
00:56:34 – Trump’s tariffs in legal limbo
01:02:14 – Taiwan’s Deputy Foreign Minister says currency not part of US trade talks
01:05:41 – Japan’s Ishiba calls Trump to talk tariffs
01:13:24 – Key defense forum underway in Singapore
01:19:33 – Blackstone’s Joan Solotar on private wealth opportunities in Japan
01:26:21 – The battle to own 7-eleven
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Cyclospora outbreak puts food safety to the test

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A cyclospora outbreak and salmonella flare up are putting food safety and restaurants to the test in the US.

It also caused consumers to cut back on eating out and food brands to take a closer look at their supply chains. Romaine Bostick reports.

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Citadel Offloads Risk From Situational Awareness

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Ken Griffin’s Citadel has offloaded more than 80% of the aggregate risk associated with the Situational Awareness stock portfolio it acquired from the embattled AI hedge fund. Citadel struck a deal last month to buy stocks from the fund led by Leopold Aschenbrenner. Bloomberg’s Hema Parmar reports.
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Euro Could Go Lower From Here, Yu Says

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Geoffrey Yu, BNY senior market strategist, says he expects the momentum for European equities to continue from here, but he says the Euro could go lower. He speaks on “Bloomberg Surveillance.”
——–
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Anthropic’s Revenue Surges as IPO Speculation Builds

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Anthropic is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago, according to documents seen by Bloomberg News. This comes as speculation builds around a potential IPO. Bloomberg’s Rachel Metz breaks down the latest financial figures and how they compare with OpenAI’s growth. She joins Ed Ludlow on “Bloomberg Tech.”

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Kalshi’s DeNault: We’re fundamentally different than sports betting

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Kalshi Head of Enforcement Robert DeNault says that, as an exchange, Kalshi is fundamentally different from a sportsbook. DeNault also says as an exchange they should be covered by Federal regulation.

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