You might have seen this on some platforms. Two Chinese ships have collided after one chase. A Philippine Coast Guard vessel in the South China Sea.Its latest dangerous encounter between the two nations with competing claims in this resource rich waterway. Clip Vincent joins us from Manila to help us understand what happened. So, Cliff, we've seen the videos.Walk us through the events of how this eventually took place. Yeah. So it happened during an operation of a Philippine coast guard.It's an operation me ...

I deal with Jensen, who is a great guy, and Nvidia. The chip that we're talking about, the H20. It's an old chip.China already has it, in a different form, different name, but they have it. Or, they have a combination of two, will make up for it and even then some. So Blackwell is super duper advanced.I wouldn't make a deal with that, although it's possible I'd make a deal. A somewhat. Enhanced in a negative way.Blackwell. In other words, take 30% to 50% off of it. But that's the latest and the greatest in ...

[NO AUDIO] THIS IS THE ASIA TRADE, INVESTORS AWAIT CLUES ON A RATE CUT NEXT MONTH AS AUSTRALIA'S RESERVE BANK WILL DELIVER A 25 BASIS POINT REDUCTION TODAY. TRUMP IS OPEN TO NVIDIA SELLING A SCALED DOWN BLACKWELL CHIP AND CHANGING HIS TUNE ON THE INTEL CD SAYING HE HAS AN AMAZING STORY. U.S. MARKETS CLOSED LOWER WITH THIN VOLUMES AS MARKETS AWAIT THE CPI NUMBERS COMING OUT TOMORROW MORNING AND WE EXPECT TO SEE HEADLINE CPI MOVING UP 2% ON THE YEAR.FUTURES LOOK FLAT AHEAD OF THAT. OIL IS MOVING HIGHER WITH D ...

Every other trade deal has been concluded very quickly. What is the pace of this one telling you. Well, there's not a lot of time for these negotiations to proceed.So I think it's extremely important that both sides have agreed to a tariff rollover. So now they can really put their energies and attention on the key outstanding issues, including export controls, critical minerals, excess capacity, you name it. There's lots of issues on the agenda and not a lot of time to come up with negotiated solutions.Let ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Vonnie Quinn taking you through to that closing bell with a global cybercast. It started with Tim Stenovec in the radio booth.Isabelle Lee in today for Carol Massar. Welcome to our audiences across all of our Bloomberg platforms Television, radio, YouTube. Tim Stanley back here on an interesting day here, a day where we see the markets move lower only fractionally.But of course, this is ahead of some key economic ...

Lithium prices are surging from multi-year lows, sparked by the shutdown of one of the world's largest mines. So, what could this mean for the cost of batteries, particularly electric vehicles and consumer electronics. China's CL, the world's largest EV battery maker, has suspended operations at a major lithium mine in Yuchun, Djang Xi.The mine is no small player. It supplies around 3 to 5% of the main kind of lithium used in EV batteries. A prolonged closure could tighten global supply and erode an industr ...

On China. Your administration agreed to send the most advanced or advanced NVIDIA and AMD chips obsolete now obsolete in well and in 50%. Probably in the twenties.No. Obsolete. No obsolete.Well, and then 50% army in the twenties. No, no, that's. This is an old chip that China already has.And I deal with Jensen, who is a great guy. And Nvidia, the chip that we're talking about, the H-20. It's it's an old chip.China already has it in a different form, different name, but they have it or they have a combinatio ...

Delivery people like this retiree are key to e-commerce platform shopppee success in Southeast Asia. Although Shopppee is competing with big names like Amazon, Alibaba, and Teimu in the region, it's managed to come out on top with the biggest market share. Its parent company C's share price has rebounded more than 300% since the start of 2024.During the pandemic, C started investing heavily in its own logistics arm, SPX Express. This helped it scale up and fend off competition. But beyond large-scale invest ...

Normally in diplomacy, you would hold that back a trip to the United States. We all remember when Trump raised the prospect in his first term of the Taliban coming to Camp David, and there were a lot of us sitting around. Maybe the reason they didn't come was that's just so strategically stupid.Yeah. And now we're inviting the leader of a country that's invaded an ally not to sign an agreement, not because he's made major, major concessions just to feel each other out, according to the president earlier tod ...

Live from Washington, D. C. This is balance of power with Joe Matthew.Donald Trump prepares for the most important meeting of his presidency. Welcome to the Monday edition. On the early side here on balance of power, as we look to Friday's summit between President Trump and Vladimir Putin, we'll talk about the stakes and chances for peace with Brett Bruen from the Global situation Room coming up in just a moment.Chipmakers in vedere and AMD will pay the administration to sell air chips in China. We're going ...