haidi: hanwha senior executive vice president speaking to rishaad salamat.ed a record 420,875 cars in the first quarter beating analyst expectations. the automaker had/prices earlier this year -- slashed prices earlier this year to appeal to customers battling inflation. endeavor group is said to be nearing a deal to acquire world wrestling entertainment. the entertainment conglomerate could announce a deal soon. bloomberg reported in february wwe's executive chairman was looking to get $9 billion for the company. shares have gained 33% this year, giving it a value of $7 billion. china escalates the tech battled with a national security investigation into u.s. chipmaker's micron's product. we discussed the implications next. this is bloomberg. ♪ vonnie: this is "bloomberg daybreak: asia." opec+ has announced a surprise oil production cut of over $1 million -- one million barrels per day. the resurrection could add to inflationary pressures across the world forcing central banks to keep interest rates higher and crippling economic growth. the white house resp

haslinda: that was the hanwha aerospace senior executive vp.oil is trading on these rise move -- on the surprise move by opec+ cutting a million barrels a day. it said it is a cautionary move ensuring stability of the oil market. we saw oil rise 8%. currently in asian trade rising 5% right now. rishaad: japan tankan survey, confidence among large manufacturers deteriorated to two-year lows. the central bank governor will maintain altar easy -- ultra easy monetary policy. perhaps we have got global economic clouds emerging once again. hong kong does offers lunch break -- goes off for his lunch break. this is bloomberg. ♪ science proves quality sleep is vital to your mental, emotional, and physical health. and we know 80% of couples sleep too hot or too cold. introducing the new sleep number climate360 smart bed. the only smart bed in the world that actively cools, warms, and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number. >> the following is a pai