Bloomberg Daybreak: Asia Edition

Business and finance news from the Asia-Pacific.
The US military struck Iran for the second straight day, an escalation of violence that threatens to strain an already fragile ceasefire. The attacks came just hours after President Donald Trump at the NATO summit in Turkey said the US would probably target Iran again. The US launched attacks on Tuesday and revoked a waiver allowing new sales of Iranian oil in response to attacks on ships in the Strait of Hormuz that the administration blamed on the Islamic Republic. Oil extended its gains. We spoke to Stephen Stapczynski, Bloomberg's Asia Energy Team Leader.
Plus - China's consumer prices rose slower than expected and factory inflation showed signs of peaking, after a pullback in commodity costs with an easing of tensions over Iran last month. The consumer-price index decelerated to 1% in June from a year earlier, compared with a gain of 1.2% in the previous month, according to data released by the National Bureau of Statistics on Thursday. The median estimate in a Bloomberg survey of economists was 1.1%. Producer inflation accelerated slightly to 4.1% from a year ago, matching forecasts. On a month-on-month basis, factory prices declined 0.3% from May, their first drop since July 2025. Bloomberg TV hosts Haidi Stroud-Watts and Avril Hong spoke to Robin Xing, Chief China Economist at Morgan Stanley.
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Business and finance news from the Asia-Pacific.

Oil prices rose and Asian stocks were little changed as investors assessed the implications of renewed geopolitical tensions for energy supplies and risk assets. The moves came after US benchmarks fell on Tuesday, with a gauge of chip stocks dropping more than 4%. The Nasdaq 100 slid 1.8%. For more on the market action, we spoke to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.

Plus - The US launched airstrikes in Iran and revoked a waiver that allowed it to sell oil globally, further imperiling a peace agreement after a series of attacks on ships in the Strait of Hormuz. The US Treasury Department announced it was barring new sales of Iranian oil after July 7, a key incentive intended to get Tehran to abide by a deal that calls for reopening the strait. The American actions marked the most serious threat yet to the interim agreement signed between the two countries' leaders on June 17, and threatened to scuttle negotiations aimed at achieving a permanent peace. Bloomberg TV host Paul Allen spoke to Jessica Genauer, Public Policy Institute Academic Director and Associate Professor in International Relations at the University of New South Wales (UNSW).
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Business and finance news from the Asia-Pacific.
Asian equities dropped as technology shares came under renewed selling pressure due to investors rotating into other corners of the market. Chip bellwether Samsung Electronics Co. fell after its results. Samsung Electronics Co.'s quarterly profit surged 19-fold, but failed to impress investors accustomed to eye-catching growth from the suppliers of chips to the global AI boom. We speak to Bloomberg MLIV Strategist Mark Cranfield.
Plus - The yen should be as much as 20% stronger than it is — around 130 per dollar, a former top foreign exchange official in Japan said, pushing back against those speculating that the currency might continue its slide. Bloomberg TV host Shery Ahn spoke exclusively to Tatsuo Yamasaki, who served as vice finance minister for international affairs a little over a decade ago about his outlook on the Japanese currency.
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Business and finance news from the Asia-Pacific.
Australia will host Indian Prime Minister Narendra Modi next week for an annual leaders summit. Modi will also visit Indonesia and New Zealand. For more on India and New Zealand's relationship, we speak to Ainsley Thomson, Bloomberg's Wellington Bureau Chief.
Plus - Asian stocks and US equity-index futures pared their initial gains Monday as technology stocks lost momentum. Bloomberg TV hosts Yvonne Man and David Ingles spoke to Jun Bei Liu, Ten Cap Co-founder and Lead Portfolio Manager.
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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 – we look at the potential impact of AI on the labor market
In the UK – we preview the upcoming NATO summit in Turkey
In Asia – we discuss inflation in China ahead of new economic data
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