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Speaker 1: News when you wanted it with Bloomberg News Now, I'm

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Speaker 1: Brian Curtis in Hong Kong. Russian President Vladimir Putin will

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Speaker 1: make rare visits to North Korea and Vietnam this week.

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Speaker 1: It comes as he faces renewed challenges in the War

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Speaker 1: on Ukraine. Putin will travel to North Korea from Tuesday

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Speaker 1: to Wednesday, and then move on to Vietnam through Thursday.

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Speaker 1: The Task News agency says Russia and North Korea planned

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Speaker 1: to sign an agreement on strategic partnership on security and

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Speaker 1: economic cooperation. This will replace existing accords that date all

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Speaker 1: the way back to nineteen sixty one. Putin is said

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Speaker 1: to arrive in North Korea tonight. China and South Korea

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Speaker 1: will hold their first high level security talks in about

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Speaker 1: nine years. The talks coincide with Vladimir Putin's trip to

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Speaker 1: North Korea. China and South Korea will exchange views on

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Speaker 1: bilateral relations and deeper cooperation in various areas. Meantime, in NATO,

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Speaker 1: more than twenty allies are expected to hit the alliance's

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Speaker 1: target for defense spending this year. That's a record figure

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Speaker 1: for the bloc. NATO's Secretary General Jen Stoltenberg made the

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Speaker 1: announcement at an event in Washington. It marks a nearly

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Speaker 1: fourfold increase from twenty twenty one. Only six nations met

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Speaker 1: the goal that year. Ahead of Russian President Vladimir Putin's

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Speaker 1: invasion of Ukraine, President Biden's re election campaign has kicked

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Speaker 1: off a fifty million dollar June advertising blitz. The Biden

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Speaker 1: camp is targeting minority voters in battleground states ahead of

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Speaker 1: the president's debate with Donald Trump next week. A new

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Speaker 1: Biden ad is pulling no punches toward the former president

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Speaker 1: Donald Trump.

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Speaker 2: This election is between a convicted criminal who's only out

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Speaker 2: for himself and a president who's fighting for your family.

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Speaker 1: That spot is called character matters. It takes aim at

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Speaker 1: the criminal charge is levied against Trump. Biden and Trump

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Speaker 1: are scheduled to face off on June twenty seventh in

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Speaker 1: their first televised debate of the twenty two twenty four cycle.

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Speaker 1: Pole suggests they're running neck and neck, with Trump ahead

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Speaker 1: in most swing states. Both candidates have focused attention on

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Speaker 1: black and Latino voters, as Poles signal their support for

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Speaker 1: Biden is slipping in the meantime. Polling shows about one

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Speaker 1: in four voters are opposed to both candidates. A Pew

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Speaker 1: Research poll found that the level of so called double

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Speaker 1: hater voters is at an all time high. Bloomberg's Laura Davidson.

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Speaker 3: These are people that don't like Biden nor Trump, and

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Speaker 3: this is some pretty spectacular data. So about one in

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Speaker 3: four people don't like either candidate. This is almost double

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Speaker 3: what it was in twenty twenty, you know. And remember

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Speaker 3: we have the exact same candidates, but people just don't

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Speaker 3: like them as much as they did back four years ago.

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Speaker 1: Bloomberg's Laura Davison. In Washington, Philadelphia, FED President Patrick Harker

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Speaker 1: says interest rates are likely to stay high for the

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Speaker 1: near future. He's forecasting just one rate cut by the

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Speaker 1: end of the year.

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Speaker 2: I have a forecast for inflation, employment and economic activity

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Speaker 2: slowing but above trend growth, a modest rise and the

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Speaker 2: unemployment rate, and a long glide back to target for inflation.

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Speaker 2: If all of that happens to be as forecasted, I

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Speaker 2: think one rate cut would be could be appropriate by

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Speaker 2: your end.

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Speaker 1: FED officials left their benchmark rate at a two decade

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Speaker 1: high last week. Tesla is said to have received approval

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Speaker 1: to test its driver assistant system in Shanghai. We hear

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Speaker 1: that Hung Joe may also give approval. Bloomberg's Craig Trudell

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Speaker 1: has more, it's.

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Speaker 4: An incremental step, and I do think that there's some

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Speaker 4: potential for what Tesla markets is full self driving to

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Speaker 4: be a more meaningful contributor to their business in China,

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Speaker 4: which they could really use at the moment. But what

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Speaker 4: we don't know is just how long it's going to

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Speaker 4: take them to be able to offer this more widely.

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Speaker 1: That's Craig Trudell. Advanced driver assistant systems are become increasingly

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Speaker 1: more popular in China and common. Many local players, including

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Speaker 1: ex Pung and Shaomi, use them as a selling point

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Speaker 1: for their vehicles. Hong Kong has announced it will allow

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Speaker 1: trading during typhoons beginning September twenty fifth of this year.

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Speaker 1: Chief executive John Lee says details of the arrangement will

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Speaker 1: be announced later today. In sports, the Boston Celtics have

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Speaker 1: beaten the Dallas Mavericks to claim a record eighteenth NBA title.

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Speaker 1: It's won more than their old rivals, the Los Angeles Lakers.

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Speaker 1: The Celtics won one oh six to eighty eight in

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Speaker 1: Boston to take the championship four games to one. That's

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Speaker 1: news when you wanted it with Bloomberg News. Now, I'm

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Speaker 1: Brian Curtis. This is Bloomberg