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Bessent in Tokyo Ahead of Xi‑Trump Meet | The Asia Trade 5/12/2026

DeFi Daily News by DeFi Daily News
May 12, 2026
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Bessent in Tokyo Ahead of Xi‑Trump Meet | The Asia Trade 5/12/2026
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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 Sydney and Singapore with Paul Allen and Avril Hong, 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
00:01:49 – Trump says ceasefire with Iran on ‘massive life support’
00:12:37 – Nvidia CEO to miss China trip; Musk, Cook to join Trump for Xi summit
00:14:12 – Australia’s housing sector in focus
00:17:19 – Australia’s budget deficit set to narrow
00:25:02 – Why Bessent’s China trip has a long Tokyo layover
00:27:08 – Nomura’s Yujiro Goto on Bessent’s meetings with Takaichi, Katayama
00:36:15 – SoftBank’s Son in talks for major data center project in France
00:43:37 – BOJ signals chance of rate hike next month over inflation risks
00:47:27 – Markets open in Japan, South Korea & Australia
00:50:37 – Manulife Investment Management’s Colin Purdie on market outlook
01:00:20 – Iran says it has deployed mini subs in contest to control Hormuz
01:01:03 – Aramco sees Hormuz halt causing 100 million-barrel oil loss
01:07:17 – Trump says he will discuss Taiwan arms sales at Xi summit
01:12:51 – China investors bet Xi-Trump meet to extend trade-detente rally
01:20:16 – AUSTRALIA AHEAD: ANU’s Jill Sheppard on Australia’s budget reforms
01:33:13 – Pound weakness picks up with focus on UK PM Starmer’s future
——–
More on Bloomberg Television and Markets

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Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

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Tags: AheadAsiaAustralian DollarAvril HongBessentBrian FowlerColin PurdieCommonwealth of AustraliaDavid FinnertyDonald TrumpJames MaygerJapanJeanny YuJill SheppardJim ChalmersKKR & Co. LPManulife Investment ManagementMark CranfieldMayumi NegishiMeetMichael HeathNarendra ModiNectar GanNomura Holdings Inc.paul allenSatsuki KatayamaScott BessentStephen StapczynskiTokyotradeXi JinpingXiTrumpYujiro Goto
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