United Nations General Assembly President Annalena Baerbock says the UN faces a “decisive moment” with the selection of a new Secretary-General approaching. Speaking with Bloomberg’s Romaine Bostick on “Bloomberg Open Interest,” Baerbock also warns the UN could face a liquidity crisis.
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Tensions rise in New Delhi as thousands of supporters of India’s youth-led Cockroach movement attempt to march to the Parliament, demanding the education minister’s resignation.
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US equity futures rise in a tech rebound as SK Hynix is set for a US listing this week. Oil slumps as flows through the Strait of Hormuz are restored after some tanker U-turns and after OPEC+ members agree to a modest rise in oil supply next month. Presidents Donald Trump and Volodymyr Zelenskyy are expected to meet at a NATO summit in Turkey. Anneka Treon of ING discusses the earnings environment and the impact of supply shocks in markets.
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The US conducted a ninth straight day of airstrikes on Iran, bombing military targets and communications networks trying to force the Islamic Republic to stop shipping attacks and reopen the Strait of Hormuz. Iran continued to attack US bases in the likes of Kuwait, Jordan, Bahrain and Iraq. Tyler Kendall reports on Bloomberg Television.
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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
00:04:56 – Trump to set 100% tariff on generic drugs from August 2028
00:09:04 – China unleashes broad state support to halt tech stock selloff
00:14:48 – Trump plays down prospects for Iran talks
00:26:31 – Yen slides past 163 mark to fresh four decade low
00:32:50 – Third Bridge’s Scott Kessler on US tech earnings
00:39:57 – TSMC to hike chip prices by up to 10% in 2027: Nikkei
00:42:49 – BREAKING: Japan’s trade deficit widens as yen, Iran war inflate imports
00:44:19 – SpaceX’s great unlocking begins with $116B share release
00:47:25 – Markets open in Japan, South Korea and Australia
00:51:40 – Capital.com’s Kyle Rodda on markets strategy
01:01:18 – Trump: Generics tariff to reshore production
01:05:06 – Hegseth: Iran war has cost $37.5B
01:08:12 – ASEAN warns of spillover from Iran War
01:14:10 – BOC International’s Chen Haofei on China tech outlook
01:24:02 – Bloomberg MLIV: Yen’s slump shows BOJ lacks teeth
01:28:45 – Bloomberg Intelligence: EV demand stalls in Japan
01:31:23 – Bloomberg Intelligence: HK home prices poised for 19% growth by 2027
——–
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