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Oil Climbs as US Strikes Iran Targets | The Asia Trade 5/26/2026

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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
00:01:32 – Markets pare back on risk as US strikes Iran assets
00:06:06 – Tech momentum in focus as Chinese chips rally
00:10:59 – Japan won’t issue more bonds to fund extra budget
00:13:41 – Philippine president Marcos begins Japan state visit
00:26:23 – Lowy Institute’s Shruti Pandalai on Quad foreign ministers’ meeting
00:38:19 – Big Take: World’s biggest housing bubble pops in New Zealand
00:45:06 – Korea to debut single-stock leveraged ETFs
00:47:56 – Markets open in Tokyo, Seoul and Sydney
00:50:34 – OCBC’s Vasu Menon on the market moves
01:01:56 – US launches ‘self-defense’ strikes in Iran
01:05:37 – Ebola death toll tops 200 in DR Congo
01:13:14 – Hot Asian summer to add to energy crunch
01:16:09 – Yuan strengthens to 2023 high
01:20:48 – Australia Ahead: Policy Institute of Australia’s Amy Auster on Australia budget backlash
01:31:59 – Chinese chip stocks surge on Huawei breakthrough
01:34:23 – Taiwan’s market cap overtakes India’s
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Yardeni Says Inflation, Fed Back in Play on Iran Crisis

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Ed Yardeni, president of Yardeni Research, says the flare-up of fighting with Iran rekindles market concern that rising oil prices will stoke inflation — and force the Federal Reserve to hike interest rates. He speaks on Bloomberg Television’s “Surveillance.”
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Trump Says US Will Give Ukraine License to Make Patriot Missiles

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President Donald Trump, speaking at the NATO Summit in Ankara, Turkey, says the US plans to give Ukraine a license to make their own air defense Patriot missiles. During a meeting with Ukraine President Volodymyr Zelenskyy, Trump says it’s very complex, but we’ll “show them how to do it.”
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Ukraine Seeks Faster Patriot Production

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Axios defense reporter Colin Demarest says President Donald Trump’s proposal to let Ukraine produce Patriot interceptors faces significant manufacturing, licensing and technology hurdles, making it unlikely to address Kyiv’s immediate air defense needs. He says shortages of advanced interceptors continue to raise broader questions about defense industrial capacity, while Ukraine’s rapid innovation in drones is reshaping how allies think about modern warfare.
——–
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Paramount-Warner Bros. Deal Challenged by California, States

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A group of 12 states sued Paramount Skydance Corp. Monday seeking to block its $110 billion bid to buy Warner Bros. Discovery Inc., alleging the blockbuster Hollywood deal would leave viewers with higher prices and fewer choices for movies and television.  Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst for Antitrust joins Bloomberg Businessweek Daily to discuss.
——–
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Makary on FDA’s rollback of hormone replacement therapy warnings #shorts #fda #hrt #womenshealth

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Dr. Marty Makary, former FDA Commissioner, explains the decision behind the FDA’s rollback of long-standing warnings on hormone replacement therapy. On Wall Street Week we look at the $360 billion women’s health market, Wall Street’s investment in menopause and the challenges of distinguishing evidence-based care from marketing hype https://bloom.bg/3EMZYZX

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