Bloomberg Daybreak: Asia Edition

Asian stocks, off to their best-ever start to a year, took a breather Wednesday with Japanese equities slipping amid rising tensions with China. Also, President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, declaring it would be sold with the proceeds benefitting both countries. For more on the market action, we turn to Garfield Reynolds, Bloomberg's Team Leader for Markets Live Asia. And, we go to Las Vegas next, where the Consumer Electronics Show is underway. And Bloomberg had a chance to catch up with Nvidia CEO Jensen Huang, Siemans AG CEO Roland Busch, and Advanced Micro Devices CEO Lisa Su. They all spoke to Bloomberg's Ed Ludlow. See omnystudio.com/listener for privacy information.

US energy and defense shares advanced after the ouster of Venezuelan President Nicholas Maduro. Bloomberg's Stephen Stapczynski provides perspective on the latest in Venezuela and what it means for oil markets.The CES conference is beginning in Las Vegas. Today, Nvidia CEO Jensen Huang announced a group of AI models and tools designed to speed up development of autonomous vehicles. Bloomberg's Annabelle Droulers is at the conference with more on Nvidia's Alpamayo.Questions remain for investors on the durability of the AI trade, outlook for the Fed, and geopolitical risk surrounding Venezuela. Andrew Skatoff, Founder & Chief Investment Officer at Bancreek Capital Advisors, discusses how to separate the signal from the noise.See omnystudio.com/listener for privacy information.

Oil fluctuated as traders weighed the fallout from the US capture of Venezuelan President Nicolás Maduro on global crude supply and its wider impact on the nation’s energy sector. Viraj Patel is Head of Asset Allocation at Fiduciary Trust International. He speaks on what the future may hold for oil markets, and provides expectations for the American economy in the New Year. Venezuela’s allies across the globe took to social media to condemn the US attack. For more on the future of Chinese investments in Venezuela, Alicia Garcia Herrero, Chief APAC Economist at Natixis, talks with Bloomberg's Paul Allen and Avril Hong.See omnystudio.com/listener for privacy information.

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 what’s in store for commodities and housing in 2026. In the UK – a look at the culinary and cultural trends to watch for in Europe next year. In Asia – a look ahead to why the Reserve Bank of Australia may be set to pivot to interest rate increases in the new year. See omnystudio.com/listener for privacy information.

Stocks kicked off trading in the new year on a positive note with US equity-index futures advancing, while gold and silver gained. Trading is thin across the Asia-Pacific, with several markets shut for the holidays. Also, South Korea's exports maintained growth momentum, supported by strong semiconductor demand, easing concerns over global trade protectionism and tariff-related uncertainty that had weighed on the country for much of the year. For more on the market action, we turn to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. Chinese President Xi Jinping says China has met the targets in its 14th Five-Year Plan for economic development in the 2021-2025 period, according to his New Year's Eve message. Xi highlights achievements in AI large models and chip R&D, and says China has become one of the economies with the fastest growing innovation capabilities. For more on the outlook for the Chinese economy for the year and what is ahead for the Asia Pacific, we speak to Stephanie Leung, Chief Investment Officer at StashAway. See omnystudio.com/listener for privacy information.