David Ingles
Showing 1–2 of 2 interviews.
- Bloomberg Television1h 34m
US Envoy: Nvidia Affair Shows US Should Stay 'Diligent' on China
Yvonne Man, David Ingles, Monica Hsiao, Zino Helmlinger, Chris Phelan, David Perdue, Stephen Engel, Balaj Penn, Anthony Stevens, Juliana Liu, Xie Feng, Jill Deas, April Hong, Kirk Boudry
US inflation data and Fed signals for a potential 50 basis point hike have reshaped interest rate expectations while triggering market volatility in the AI sector, exemplified by Anthropic's historic valuation targets and NVIDIA's $1.7 trillion capitalization decline. Amidst these financial shifts, US and Chinese leaders confirmed upcoming high-level meetings to de-risk trade relations despite ongoing enforcement of China's supply chain controls and the national security implications of the NVIDIA espionage scandal. Regional markets reacted with a divergence between semiconductor gains in Japan and Taiwan against rate-sensitive downturns in China, even as strategists warn of looming debt sustainability risks and cooling AI growth rates.
- Bloomberg Television1h 33m
China Trade Surplus Tops $1 Trillion for Second Time
Yvonne Man, David Ingles, Will Zhao, Douglas Yones, Jane Fraser, Trump, Stephen Engel, Min Min Lo, Michael Dang, Mark Cranfield, Michael Haitha, Charlotte Yang, Catherine Lim, Shuli Ren, Kaleem Rizvi, John Herskovitz
Asia-Pacific markets rallied on falling oil prices and yields, even as NVIDIA faced intense regulatory scrutiny over alleged chip smuggling and personal scandals involving its CEO. Simultaneously, Anthropic moved forward with a potential trillion-dollar IPO while China reported a 35% surge in October exports despite stagnating industrial profits and a sharp decline in automotive sales. Financial activity expanded as Citigroup secured approval for a wholly-owned securities business in China to capture growing AI demand, whereas geopolitical tensions continued to influence global defense and trade dynamics.