Will Trump’s progress in Asia last?

FT News Briefing

Forhecz Topher

News, Unknown, News & Politics, Daily News

4.4 • 1.2K Ratings

🗓️ 31 October 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amazon and Apple delivered solid earnings reports, and the FT’s Gideon Rachman explores whether Donald Trump’s foreign policy wins in Asia will hold. Plus, the European Central Bank has left its benchmark interest rate unchanged and the FT’s Jennifer Hughes says India’s initial public offering boom is not too hot, not too cold – it’s just right.

Mentioned in this podcast:

Amazon revenues rise 13% on strength in cloud computing unit

Apple predicts holiday boom in iPhone sales

‘Rely on America at your peril’: the vagaries of Trump’s foreign policy

Eurozone economy expands 0.2% in third quarter

ECB holds interest rates at 2%

India’s IPO boom has a goldilocks feel

Today’s FT News Briefing was produced by Lucy Baldwin, Victoria Craig, Sonja Hutson, and Marc Filippino. Our show was mixed by Kelly Garry. Additional help from Gavin Kallmann and David da Silva. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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Transcript

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0:00.0	Good morning from the Financial Times.
0:03.9	Today is Friday, October 31st.
0:05.9	And this is your FT News briefing.
0:08.6	Amazon investors had some pep in their step yesterday.
0:12.4	And will Trump's trade agreements in Asia stick?
0:15.9	Plus, India's markets could be having a Goldilocks moment.
0:20.0	I'm Mark Filipino, and here's the news you need to start your day.
0:30.9	Amazon and Apple both released solid earnings reports yesterday.
0:35.2	Amazon saw a 13% rise in revenue last quarter. That was thanks to,
0:40.2	you guessed it, booming demand for artificial intelligence, which led to more sales of the company's
0:46.0	cloud computing services. Amazon shares surged in after-hours trading yesterday. Apple reported record
0:52.9	profits over the past year, and the company gave a
0:55.7	bullish outlook for revenue over the holidays. That outlook is much higher than what analysts
1:01.1	expected. The company attributes that to a, quote, great start for the latest iPhone model, which
1:06.8	launched last month.
1:14.6	Yeah. which launched last month. U.S. President Donald Trump just wrapped up a week-long trip to Asia, and he was pretty
1:19.0	jazzed about it. Here he is on Air Force One talking about his meeting with China's President
1:24.1	Xi Jinping.
1:25.5	I thought it was an amazing meeting.
1:29.2	He's a great leader, a leader of a very powerful, very strong country, China.
1:35.9	He also nailed down a trade agreement with South Korea and had a pretty good meeting
1:39.5	with Japan's new Prime Minister, Sanai Takkiichi.
	...

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