Bloomberg Daybreak: Asia Edition

Business and finance news from the Asia-Pacific.
Stocks climbed to a record after President Donald Trump signaled progress toward a final agreement with Iran, adding fresh momentum to markets already buoyed by a rally in technology shares. Crude oil declined. We spoke to David Finnerty, Bloomberg's FX and Rate Strategist.
President Donald Trump said he would pause a US-led effort to help stranded ships exit the Strait of Hormuz to see if an agreement with Iran to end the war could be reached. "Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed," Trump said in a social media post on Tuesday. A US blockade of ships transiting to and from Iranian ports would "remain in full force and effect" despite the pause in the US-led effort to help stranded ships. For more analysis, we heard from Kirsten Fontenrose, Strategic Advisor at Systems Planning and Analysis. She spoke to Bloomberg's Shery Ahn and Haidi Stroud-Watts.
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Business and finance news from the Asia-Pacific.

Crude oil held its gains as the US and Iran exchanged fire, jolting a four-week-old ceasefire and raising concerns that Middle East tensions could escalate again. Brent edged 0.5% lower to just under $114 a barrel at the open Tuesday as escalating tensions around the Strait of Hormuz raised fears about high energy prices and global inflation. Australian shares opened lower, with markets closed in Japan, South Korea and mainland China. US equity-index futures were little changed after the S&P 500 Index retreated from its record on Monday. We spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.

And for more on the markets, we heard from Kyle Rodda, Senior Market Analyst at Capital.com speaking to Bloomberg TV hosts Paul Allen and Shery Ahn.
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Business and finance news from the Asia-Pacific.
Markets opened on an optimistic note after President Donald Trump said the US will begin guiding ships not involved in the Iran conflict through the Strait of Hormuz from Monday. However, a senior Iranian official warned that Tehran would consider any US interference in the Strait a ceasefire breach, according to an AFP report. For more on the markets, we heard from Dilin Wu, Pepperstone Research Strategist speaking to Bloomberg's Haidi Stroud-Watts and Shery Ahn.
Plus - Japan's prime minister is visiting Australia to strengthen ties with one of her country's strongest allies as she seeks to build on an updated regional strategy laid out in Vietnam. Sanae Takaichi touched down late Sunday local time in Canberra for the three-day visit, which will focus on defense, critical minerals and broader economic security. The two countries have grown increasingly concerned about the changing security and economic environment in the region, with Japan taking a more assertive military stance and looking to build economic ties and stable supply chains with nations such as Vietnam. We heard from Tobias Harris, Japan Foresight Founder and Principal speaking to Bloomberg's Haidi Stroud-Watts and Shery Ahn.
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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to the April jobs report in the U.S and a focus on 3 stocks for the week ahead.
In the UK – a look ahead to the UK’s Midterm local elections.
In Asia – a look ahead to the next RBA Decision.
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Apple delivered second-quarter revenue that edged past analysts’ estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating.

Revenue gained 17% to $111.2 billion during the period, which ended March 28, the company said in a statement Thursday. Analysts had anticipated $109.7 billion on average. Apple itself had projected sales growth of 13% to 16%.

The company is benefiting from a series of new products launched in March, including the MacBook Neo, iPhone 17e, updated iPad Air models and a fresh MacBook Pro. The $599 Neo — Apple’s first major push into low-cost laptops — has been particularly popular and remains sold out at several retailers.

Still, the results were uneven. Apple fell short of expectations in the Americas and Europe regions, while exceeding projections in China and other parts of Asia. The iPhone — its flagship product — was in line with the average Wall Street estimate.

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Ed Ludlow, Bloomberg Tech co-host
Anurag Rana, Bloomberg Intelligence Senior Technology Analyst
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