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Markets Brace for Fed, Trump’s Call on China Truce Extension | Bloomberg: The Asia Trade, 7/30/25

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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 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
00:03:26 – US, China agree to continue talks on tariff truce extension
00:12:35 – Traders look ahead to Fed meeting
00:17:37 – Treasuries rally as markets expect Fed to hold rates
00:24:16 – UBS Global Wealth Management Chief Economist Paul Donovan on navigating trade, rates
00:30:44 – IMF warns ‘precarious’ trade backdrop is hurting growth
00:36:16 – Rio Tinto 1H profits seen falling on US tariff impact
00:39:43 – Nissan set to report 1Q 2026 earnings
00:44:06 – Exclusive: iFlytek CFO on business strategy and AI outlook
00:46:37 – Markets open in Japan, South Korea & Australia
00:48:57 – Breaking: Singapore holds rates steady on tariff uncertainty
00:50:27 – Principal Asset Management Multi-Asset Portfolio Manager Raj Singh on market strategy
00:56:08 – Trump says India may pay 20% to 25% tariff
01:06:02 – Bloomberg Intelligence: Nissan among most exposed carmakers to US tariffs
01:11:52 – Council on Foreign Relations’ Heidi Crebo-Rediker on US tariff threats
01:21:14 – Xi ties his legacy and China’s economy to $167 billion dam
01:25:26 – Breaking: Japan issues tsunami warning for areas including Tokyo Bay
01:27:42 – HSBC, StanChart earnings tested by uncertainty on trade, rate trajectories
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Lululemon Needs a Full Product Overhaul, Widlitz Says

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SW Retail Advisors President and founder Stacey Widlitz discusses Lululemon Athletica lowering its full-year outlook for a second straight quarter on “Bloomberg The Close.”
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Apple Bets on Foldable iPhone Under New CEO

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Apple CEO John Ternus is preparing for his first major product event since succeeding Tim Cook, with a foldable iPhone expected to headline the September 9 launch. Bloomberg Intelligence Senior Hardware Analyst Woo Jin Ho joins Christina Ruffini and Jeff Mason on Bloomberg This Weekend and says Ternus’ engineering background could bring renewed focus to hardware and expanding Apple’s ecosystem as smartphone upgrades become increasingly incremental.
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Odd Lots: What’s Driving Africa’s Economic Growth?

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Africa has seen lots of economic growth in the last few years. According to the United Nations, growth across the continent is expected to reach 4.0% in 2026.

Joe Studwell, author of How Africa Works: Success and Failure on the World’s Last Developmental Frontier, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss what is driving this economic growth and how it compares to Asian counterparts.
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Trump suggests Pentagon could target drug cartels on land #politics

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President Donald Trump suggested the Pentagon will start targeting drug cartels with strikes on land in Venezuela and beyond.

Trump said the US could target any country trafficking illegal narcotics into the US, mentioning both Colombia and Venezuela.

Trump has previously said he wanted to widen the US military attacks against drug cartels that have fueled a deadly domestic opioid crisis.

Read more: https://www.bloomberg.com/news/articles/2025-12-02/trump-said-us-will-soon-do-land-strikes-on-drug-traffickers

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Kushner, Iger Buy Lakers for Record-Breaking $12.5 Billion

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Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of $12.5 billion, according to people familiar with the matter. Randall Williams has the details.
——–
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