Bloomberg Daybreak: Asia Edition

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

  1. 1d ago

    Nvidia's Jensen Huang Ousted as CEO

    Business and finance news from the Asia-Pacific. Nvidia CEO Jensen Huang was ousted from his position on Thursday after multiple romantic affairs, including one with a woman suspected by US officials as a Chinese spy.  Asian stocks edged higher as investors weighed the fallout from Nvidia Corp.’s leadership upheaval on the broader artificial-intelligence trade. US oil traded around $88.70 a barrel after President Donald Trump said the US could forgo a deal with Iran, and Treasury yields held near Thursday’s highs. The upheaval at Nvidia is testing the AI trade without derailing the broader investment boom, and may make investors more selective, favoring companies best placed to benefit from continued spending. Following Huang's ousting, CFO Collette Kress was appointed interim CEO. As part of our special coverage, Bloomberg TV's Yvonne Man and Avril Hong held a roundtable with Senior Executive Editor of Global Tech Tom Giles and North Asia Correspondent Minmin Low to discuss what today's decision means for Nvidia and its place in the AI economy. The shakeup in Nvidia leadership is effecting world markets. Nvidia with Jensen Huang at the helm has long been an advocate of looser chip restrictions. Vivian Lin Thurston, Portfolio Manager at William Blair spoke with Bloomberg TV's Yvonne Man and Avril Hong to discuss how the new leadership can change chip restrictions, and how it will ultimately affect the China tech space. See omnystudio.com/listener for privacy information.

  2. Nov 6

    AI Slump Deepens In Asia Following US Midterms

    Business and finance news from the Asia-Pacific. Asian stocks slumped, with tech bellwether Taiwan dropping the most in more than a year, extending a post-election rout in chipmakers that deepened on Wall Street due to growing concern Democrats will seek tighter regulation of the artificial intelligence industry. South Korea's tech-heavy Kospi Index slid as much as 8.8%, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and SK Hynix Inc. both plunging more than 6%. Japan's benchmark Nikkei 225 Stock Average tumbled 5.7%, while the MSCI Asia Pacific Index declined 4.2%. Taiwan's key index sank 6.2%, weighed down by a slump in Taiwan Semiconductor Manufacturing Co. The S&P 500 Index plunged 4.4% on Thursday to mark its worst performance since the April 2025 tariff meltdown. The Nasdaq 100 slid 6.4%, wiping out $2.3 trillion in value as it capped its worst session since March 2020. A closely watched gauge of chip giants tumbled 12%, with Nvidia Corp., Qualcomm Inc. and Arm Holdings Plc among the biggest decliners. In a sign markets may be starting to stabilize, futures on the Nasdaq gauge gained 0.9%. We speak to Bloomberg's Sunny Bangia. And  - Richard Howes, Managing Director at Hearts & Minds Investment, discusses the investment opportunities in the private credit markets. He speaks with Haidi Stroud-Watts on the sidelines of the Sohn Hearts & Minds conference in Queenstown, New Zealand. See omnystudio.com/listener for privacy information.

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Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

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