1 00:00:01,400 --> 00:00:04,320 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:04,320 --> 00:00:07,800 Speaker 1: Brian Curtis in Los Angeles. At least twenty people have 3 00:00:07,920 --> 00:00:11,600 Speaker 1: been killed after a magnitude seven point six earthquake struck Japan. 4 00:00:12,200 --> 00:00:15,920 Speaker 1: The quake hit off the Noto Peninsula on Japan's northwest coast. 5 00:00:16,200 --> 00:00:18,480 Speaker 1: Bloomberg's Isabelle Reynolds has more. 6 00:00:18,920 --> 00:00:22,200 Speaker 2: The town of Wajima, which is very popular with tourists 7 00:00:22,239 --> 00:00:24,759 Speaker 2: as a sort of fish market that tourists love to 8 00:00:24,800 --> 00:00:28,960 Speaker 2: go and visit. It seems completely decimated by an enormous 9 00:00:28,960 --> 00:00:32,159 Speaker 2: fire that broke out, so I think more than one 10 00:00:32,240 --> 00:00:36,360 Speaker 2: hundred buildings according to NHK have been involved in this blaze, 11 00:00:36,400 --> 00:00:39,760 Speaker 2: which is still ongoing. A lot of old wooden buildings 12 00:00:39,760 --> 00:00:41,120 Speaker 2: which are very prone to damage. 13 00:00:42,479 --> 00:00:46,960 Speaker 1: That's Bloomberg's Isabelle Reynolds. Japan's Nuclear Regulation Authority said in 14 00:00:47,000 --> 00:00:50,279 Speaker 1: an emailed statement there have been no abnormalities found at 15 00:00:50,360 --> 00:00:54,640 Speaker 1: nuclear power plants in the region. The Biden administration has 16 00:00:54,680 --> 00:00:57,600 Speaker 1: won another round in its efforts to try and slow 17 00:00:57,720 --> 00:01:01,360 Speaker 1: China from building its own semiconductor into street. Bloomberg's Ed 18 00:01:01,400 --> 00:01:02,160 Speaker 1: Baxter has the. 19 00:01:02,120 --> 00:01:05,720 Speaker 3: Story ASML holding is canceled. Shipments of some of its 20 00:01:05,760 --> 00:01:09,560 Speaker 3: machines to China at the Biden request. This week's before 21 00:01:09,720 --> 00:01:12,080 Speaker 3: the export bands on the high end ship making came 22 00:01:12,080 --> 00:01:15,880 Speaker 3: into effect, the Dutch manufacturer had licenses to ship three 23 00:01:16,080 --> 00:01:20,440 Speaker 3: top of the line deep ultraviolet lithography machines, but before 24 00:01:20,520 --> 00:01:24,240 Speaker 3: the deadline it decided to cancel the orders. The US 25 00:01:24,240 --> 00:01:27,480 Speaker 3: and allies have been trying to block access to the technology. 26 00:01:28,040 --> 00:01:29,480 Speaker 3: Ed Baxter Bloomberg Radio. 27 00:01:30,360 --> 00:01:33,640 Speaker 1: South Korean opposition party leader Lee J Mung has been 28 00:01:33,680 --> 00:01:36,920 Speaker 1: stabbed with a knife while talking to reporters in Busan. 29 00:01:37,480 --> 00:01:40,759 Speaker 1: Yon happ News says the assailant has been arrested. Lee 30 00:01:40,880 --> 00:01:43,600 Speaker 1: was seen collapsing to the ground as people rushed to 31 00:01:43,680 --> 00:01:46,560 Speaker 1: aid him. One man was seen pressing a handkerchief to 32 00:01:46,840 --> 00:01:51,240 Speaker 1: Lee's neck. Chinese ev maker BYD may have just overtaken 33 00:01:51,320 --> 00:01:54,280 Speaker 1: Tesla as the world leader in sales. Bloomberg's John Leu 34 00:01:54,360 --> 00:01:55,000 Speaker 1: has more. 35 00:01:55,640 --> 00:01:59,760 Speaker 4: When byds Tesla, it'll do two things. I think that's 36 00:01:59,800 --> 00:02:03,280 Speaker 4: going to put this company into the consciousness of people 37 00:02:03,320 --> 00:02:05,760 Speaker 4: around the world in a way that it has that 38 00:02:05,920 --> 00:02:08,840 Speaker 4: company has not had ever before. The number two thing 39 00:02:08,840 --> 00:02:12,960 Speaker 4: it does is it really underscores how a dominant a 40 00:02:13,040 --> 00:02:15,959 Speaker 4: position China not only as a market, but as a 41 00:02:16,400 --> 00:02:20,240 Speaker 4: as a country with lots of companies producing electric vehicles, 42 00:02:20,240 --> 00:02:23,000 Speaker 4: how dominant a position China has in that industry now. 43 00:02:23,600 --> 00:02:27,200 Speaker 1: Meantime, Tesla's numbers are due tomorrow. The company is also 44 00:02:27,280 --> 00:02:30,960 Speaker 1: looking at record numbers. More on that from Bloomberg's Denise Pellegrini. 45 00:02:31,280 --> 00:02:34,520 Speaker 5: The Austin based ev maker is estimated to have handed 46 00:02:34,560 --> 00:02:37,520 Speaker 5: over almost four hundred eighty three thy two hundred vehicles 47 00:02:37,520 --> 00:02:40,520 Speaker 5: in the fourth quarter, according to analysts surveyed by Bloomberg, 48 00:02:40,680 --> 00:02:43,320 Speaker 5: and that would mean Tesla probably exceeded its goal to 49 00:02:43,360 --> 00:02:46,560 Speaker 5: deliver a record one point eight million cars last year. 50 00:02:46,680 --> 00:02:48,720 Speaker 5: This would be thanks in large part due to die 51 00:02:48,760 --> 00:02:52,639 Speaker 5: hard Elon Musk fans and tech savvy early adopters. The record, though, 52 00:02:52,639 --> 00:02:55,120 Speaker 5: is just a fraction of what Toyota or General Motors 53 00:02:55,160 --> 00:02:58,040 Speaker 5: normally sell, meaning for its next phase of growth, Tesla 54 00:02:58,080 --> 00:03:00,680 Speaker 5: has to win over everyday buyers who merely so like 55 00:03:00,760 --> 00:03:04,360 Speaker 5: vehicles based on more mundane parties things like price, are 56 00:03:04,480 --> 00:03:07,359 Speaker 5: ease of use. Denise Pellergreedy Bloomberg Radio. 57 00:03:08,160 --> 00:03:11,720 Speaker 1: President Shei Jinping has pledged to strengthen China's economic recovery 58 00:03:11,760 --> 00:03:14,640 Speaker 1: after a tough year. Bloomberg's Jenny Marsh has more. 59 00:03:14,840 --> 00:03:17,000 Speaker 6: This is she Jinping's New Year's Eve speech, and he 60 00:03:17,080 --> 00:03:20,080 Speaker 6: normally uses it to sort of trumpet the achievements his 61 00:03:20,160 --> 00:03:22,560 Speaker 6: nation's major in the year, and I think this speech 62 00:03:22,600 --> 00:03:25,680 Speaker 6: really stood out for how candid he was being about 63 00:03:25,720 --> 00:03:28,360 Speaker 6: these problems. It's the first time he's acknowledged that the 64 00:03:28,560 --> 00:03:32,639 Speaker 6: struggles that twenty twenty three have brought. But as you say, 65 00:03:32,680 --> 00:03:35,120 Speaker 6: you know, it also sort of underplayed in some ways 66 00:03:35,880 --> 00:03:39,000 Speaker 6: the problems that are still lying ahead in twenty twenty 67 00:03:39,000 --> 00:03:41,480 Speaker 6: four for the economy, and he didn't really have any 68 00:03:41,520 --> 00:03:42,760 Speaker 6: sort of quick fixes for that. 69 00:03:43,000 --> 00:03:46,560 Speaker 1: China is trying to stabilize a crisis in the property market, 70 00:03:46,840 --> 00:03:51,320 Speaker 1: boost growth, and prevent deflation. And that's news when you 71 00:03:51,360 --> 00:03:54,600 Speaker 1: want it. With Bloomberg News now, I'm Brian Curtis. This 72 00:03:54,800 --> 00:03:55,440 Speaker 1: is Bloomberg