The Asia Trade 11/05/25

Stocks took a hit today as fears surrounding AI impacted the tech sector, leading to a dip in Bitcoin prices. Bloomberg Television provided insights from various financial experts, including Sinead Colton Grant from BNY Wealth and Hayden Brown from Upwork, as they analyzed the market's performance just before the closing bell.

In the morning Tokyo session, Japanese Government Bonds (JGBs) saw a slight increase, following the positive price movements in U.S. Treasurys from the previous night.

Adam Richman, co-founder of Medium Rare, highlights that Gen Z and millennials are prioritizing experiences over material possessions. In a conversation on 'The Close' with Katie Greifeld and Matt Miller, he emphasizes the growing trend towards travel and live events among these generations.

Kevin Kajiwara from Teneo discusses how ongoing tariffs are affecting C-suites and boards, causing distortions in company behavior amid uncertainty. He shares insights during a conversation with Katie Greifeld and Matt Miller on 'The Close'.

Snowflake's CEO, Sridhar Ramaswamy, highlights the benefits of their 'pay for consumption model' in a recent discussion on Bloomberg Tech. He shares insights about exciting new partnerships with tech giants Google and SAP, emphasizing how these collaborations enhance the utility of Snowflake's AI products for customers.

Kristina Hooper, chief market strategist at Man Group, shares insights on the growing skepticism surrounding tech valuations, particularly in AI. She highlights how Chinese AI investments present unique opportunities compared to those in the US during her discussion with Caroline Hyde and Ed Ludlow on Bloomberg Tech.

Kathy Wylde, the president and CEO of Partnership for New York City, reassures that a potential win by NYC Mayoral frontrunner Zohran Mamdani won't lead to a crisis for businesses or a mass departure of wealthy residents from the city.

New Yorkers are heading to the polls as Bloomberg Markets covers the latest market movements and key issues affecting Wall Street. Today's discussion features insights from former EPA Administrator Gina McCarthy and Bloomberg's Madison Muller and Myles Miller.

Naver has announced record earnings for the third quarter, driven by significant growth in its AI initiatives. This impressive performance highlights the company's successful strategy in leveraging artificial intelligence to enhance its services and boost revenue.

Gold prices have seen a rebound as investors adopt a risk-off approach in the markets, with many looking ahead to the upcoming US payroll data for further insights.

In a dramatic turn of events, New York City's elite have unleashed a barrage of tactics against Zohran Mamdani's mayoral campaign, employing money, insults, and even scare tactics to thwart his ambitions. The atmosphere is tense as fears of a 'Hot Commie Summer' loom over Wall Street.

The article discusses five key areas where debt is becoming a significant concern in the rapidly growing AI data centre sector. It highlights the challenges and risks associated with financing these facilities, as well as the potential impact on the industry.

China is looking to issue a $4 billion bond, with orders exceeding $65 billion, indicating strong investor interest and confidence in the market.

Toyota has raised its full-year operating profit outlook, thanks to increased volumes and effective cost-reduction efforts. This positive adjustment reflects the company's strong performance and strategic initiatives.