Big Take Asia
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
Has Sanae Takaichi Made Japan Great Again?
Japanese Prime Minister Sanae Takaichi wants to put Japan back in the fast lane, with huge investments in everything from AI to space technology. But can she generate the growth to justify the spending without unsettling markets and voters?
On today’s Big Take Asia podcast, host K. Oanh Ha talks to Bloomberg’s Paul Jackson about Takaichi’s first-year scorecard and the economic and political pressures that could determine whether her agenda succeeds.
Read more: Japan Is Still Figuring Out How a Female Prime Minister Should Lead
Further listening: Japan Hikes Rates, R...
How India’s Day Traders Broke the World’s Biggest Options Market
When millions of retail investors piled into India’s options market to get rich quick, losses mounted and regulators launched a sweeping crackdown.
On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins and India equities reporter Savio Shetty break down how the world’s largest options market unraveled, why regulators are struggling to police the country’s latest craze and where traders are placing their bets now.
Read more: How India Built (and Broke) the World’s Biggest Options Casino
Further listening: Inside Jane Street: The Enigmatic Firm That Rules Wall Street<...
The Surprising People Getting Very Rich Off AI
Beyond software and chips, the AI boom relies on good old-fashioned manufacturing of essential components – a skill that has made a new class of people very, very rich.
On today’s Big Take Asia podcast, host Oanh Ha talks with Bloomberg reporter Cindy Wang and Opinion columnist Catherine Thorbecke about how nimble producers—think toilet manufacturers and furniture makers—pivoted to this booming industry, and the risks of concentrating too much AI manufacturing in one part of the world.
Read more: ‘Like It’s Raining Gold’: The AI Boom’s Unexpected Billionaires
Bloomberg Billionaires Ind...
China’s New Message to Its Billionaires: Pay Up
China is ramping up an ongoing effort to shore up local government budgets and fund AI data centers with tax revenue from its richest citizens. Billionaires across the country are seeing bills hit their doorstep, and one major deadline to pay up is just weeks away.
On today’s Big Take podcast, host David Gura talks to Bloomberg’s Lulu Chen about why Beijing is enforcing and rewriting its tax rules, and the measures some wealthy citizens are taking to pay up or fight back.
View profiles for each of the world’s 500 richest people, see th...
US-China AI Race to Take Center Stage at Trump-Xi Meeting
As Chinese President Xi Jinping makes his first visit to Washington in over a decade, trade and the AI race will likely dominate talks with Donald Trump.
On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s John Liu unpack what each leader hopes to gain and why they may have no choice but to cooperate on AI safety.
Read more: The Tough AI Questions Looming Over the Trump-Xi Summit
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Hosted by K. Oanh...
Japan Hikes Rates, Reshaping Carry Trade
It’s been a big week for central banks around the world. Yet among the flurry of rate decisions, the Bank of Japan’s move stands out. After decades of near-zero interest rates, policymakers are betting Japan’s economy is finally returning to something closer to normal.
On today’s Big Take Podcast, K. Oanh Ha and Bloomberg’s Paul Jackson explore why the Bank of Japan is hiking rates at its fastest pace in decades, what the shift means for the yen carry trade and how Japan’s policy moves could ripple across global markets.
Read more...
Big Pharma Needs New Drugs. China Has Them
American pharma giants are increasingly turning to Chinese labs to discover, test and develop cutting-edge drugs.
On today’s Big Take Asia podcast, Bloomberg’s Amber Tong and Robert Langreth join Oanh Ha to break down why global drugmakers are sourcing their next big breakthroughs from China — and what that means for US biotech dominance.
Read more: Big Pharma Is Hooked on Chinese Licensing Deals
Hosted by K. Oanh Ha; Produced by Naomi Ng and David Fox; Guests: Amber Tong and Robert Langreth; Edited by Paddy Hirsch and Crispina Robert.
Fact-checking by Bru...
Is the US AI Reckoning an Opportunity for China?
“The people building AI earnestly believe that it could kill us all by the end of the decade.” An X post by a former employee of both OpenAI and Anthropic went viral this week and is prompting big questions. Among them: are the safety concerns in the US an opportunity for China?
On the Big Take podcast, host Sarah Holder and Bloomberg’s Mike Shepard talk through what an AI safety reckoning could look like — and whether an industry in the midst of intense competition can slow down.
Read more:
Anthropic Worker Quits Over AI Firms ‘G...How India Is Training the Robots of the Future
Tens of thousands of workers in India are wearing head-mounted cameras to record their every move, helping train humanoid robots to perform everyday human tasks.
On today’s Big Take Asia podcast, Bloomberg’s Asia AI reporter Saritha Rai joins host Rebecca Choong Wilkins for an inside look at how vast troves of data are gathered by the very people who may eventually be replaced and what it all means for the US-China race for AI dominance.
Read more: Workers Are Teaching AI-Powered Robots to Take Over Their Jobs
Hosted by Rebecca Choong Wilk...
Deadly Flooding in Nepal Highlights Asia’s Climate Vulnerability
Hundreds of hydropower workers remain missing in Nepal after a glacial collapse caused catastrophic flooding. The disaster laid bare the rising climate risks across Asia and the danger of building in an increasingly volatile environment.
On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins sits down with Bloomberg’s Clara Ferreira Marques and Bloomberg Opinion’s David Fickling to talk about the human and economic toll of the disaster, why the catastrophe is a warning for the rest of the world and how Nepal’s big bet on clean energy may now be at risk.
How Two-Minute Microdramas Became a Billion-Dollar Industry
Microdramas — mini soap operas designed to be watched on your phone — have become one of the fastest-growing forms of entertainment in the world.
On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Yang Yang and Bloomberg Businessweek’s Christopher Beam about how millions got hooked on the medium, the challenges studios face as they try to reach new audiences and how AI could transform it all.
Read more: China Has the World Hooked on Two-Minute Microdramas
China Brought 90-Second Microdramas to the US. Now Hollywood Wants In
We have a...
The Unexpected Rise of North Korea’s Economy
North Korea was supposed to be broke and isolated. Now, it’s enjoying an unexpected economic boom.
On today’s Big Take Asia podcast, Bloomberg’s Cat Barton and host K. Oanh Ha unpack North Korea’s shift from pandemic-era hardship to a multibillion-dollar windfall, and discuss how the country’s newfound wealth is reshaping geopolitical alliances.
Read more: Kim Jong Un Flouted Sanctions to Amass $22 Billion Windfall
Further listening: North Korea’s Nuclear Program Reaches Tipping Point for the US
Watch, from Originals: Why Sanctions Aren’t Stopping North Korea
See omnystu...
The Chinese AI Model Rattling Silicon Valley and Washington
The launch of Moonshot AI’s Kimi K3 model has taken the tech world — and Washington — by storm, raising urgent questions about how a Chinese startup can suddenly rival the world's most powerful AI systems.
On today’s Big Take Asia podcast, host Oanh Ha speaks with Bloomberg’s Mark Anderson about the distillation method behind Moonshot’s breakthrough and what it means for the high-stakes AI race between the US and China.
Read more: Moonshot Plans IPO in Six Months After China AI Breakthrough
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Introducing: Our Town
Our Town from Bloomberg’s Big Take podcast follows residents of Gainesboro, Tennessee, after a group of far-right Christians moves in with plans for a radical social experiment.
Listen to Episode 1 in the Big Take.
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Why a Weak Yen Is America’s Problem
As the Japanese yen hit a 40-year low against the US dollar, Japan's government stepped in to support its currency. And it has a powerful ally in US President Donald Trump, who is putting the US financial might behind the historic currency intervention in what he called a “signal of friendship.”
On today’s Big Take Asia podcast, host K. Oanh Ha sits down with chief Asia foreign exchange correspondent Ruth Carson to unpack how the yen fell so far, what it could take to get it back on track and what’s at stake for the global e...
How India’s Cockroach Party Became a Political Force
Weeks of student-led protests forced the resignation of India’s education minister, in a rare public setback for Prime Minister Narendra Modi.
On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins and Bloomberg reporter Atul Dev discuss how India’s cockroach movement grew from a satirical online joke into a powerful anti-Modi protest and why its economic grievances resonate so deeply among young Indians at this moment.
Read more: Awakened Indian Students Hand Modi One of His Biggest Setbacks
India Youth Protests End as Modi Bows to Group’s Demands
Hosted...
Almost $1 Billion Later, the US Still Can’t Manufacture Medical Gloves
After the pandemic-era run on medical gloves, the US government set a plan in motion to reshore manufacturing. Roughly six years and almost $1 billion later, America is once again facing potential shortages of medical gloves because of supply chain disruptions stemming from the war in Iran.
On today’s Big Take podcast, host Sarah Holder and health care industry reporter Anna Edney break down why US efforts to make American medical gloves have largely failed, what it says about reshoring manufacturing writ large and where the industry goes from here.
Read more: Almost $1 Billion Later, the...
Chasing the Ancient Stolen Statues of Cambodia
When a 1,000-year-old Cambodian statue came up for auction at Sotheby’s in New York, it sparked off an investigation that uncovered one of the world’s most extensive art trafficking networks.
On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Matthew Campbell and American lawyer Bradley Gordon on how Cambodia’s looted treasures ended up scattered around the world and what it takes to bring them home.
Read more: Chasing the Man Who Stole the Gods
Watch, from Originals: Cambodia to Museums: We Want Our Statues Back
<...Xi Jinping Loves Soccer. Why Is China’s Team So Bad?
China’s men’s soccer team has qualified for the World Cup just once, despite millions in investment and a personal push from President Xi Jinping to turn the nation into a footballing powerhouse.
On today’s Big Take Asia podcast, host Oanh Ha speaks with Eric Zhu of Bloomberg Economics and Mark Dreyer, sports writer and author of Sporting Superpower, about why the country’s top-down engineering approach fails to capture the grassroots magic of the game and how academic pressure continues to push many young players off the field.
We have a special Bloomber...
Why China Is Flashing Its Military Muscle
China rattled neighbors from Japan to Australia on Monday by test-launching a long-range ballistic missile from a nuclear submarine in the Pacific Ocean. While such launches are rare, the latest test reflects Beijing’s increasing openness about its growing military strength.
On today’s Big Take Asia podcast, Rebecca Choong Wilkins, who covers Asian government and politics, joins host K. Oanh Ha to discuss the surprise launch, China’s expanding arsenal and what they reveal about Beijing’s military aspirations for 2027 and beyond.
Read more:
China’s ICBM Tests Point to New Normal Rattling the Pacific...Asia’s AI Stock Frenzy Is a Warning Sign for Global Markets
Thanks to the AI boom, stock markets in Taiwan and South Korea have seen historic rallies this year. But as retail investors pile in, often using borrowed money, concerns are growing over whether this momentum is sustainable.
On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins speaks with Bloomberg’s Asian markets reporter Charlotte Yang and Bloomberg Opinion’s Shuli Ren about the risks of betting on AI and how potential fallout could ripple beyond the region.
Read more: Taiwanese Go Deep Into Debt to Amp 100% Stock Rally
Play Micron, Hynix a...
China’s Instagram Gets Ready to Go Public
After more than a decade as a private company, Chinese social media app Xiaohongshu, known internationally as RedNote, is testing China’s mood for all things tech with its plan to list in Hong Kong.
On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Intelligence’s Robert Lea about why the time may be right for an IPO and what Xiaohongshu's debut says about the future of China’s tech industry.
Read more: Xiaohongshu Is Said to Ready Hong Kong IPO Filing This Month
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The Iran War’s Lasting Scars Across Asia
An interim deal to reopen the Strait of Hormuz offers relief, but Asia’s economic woes are far from over. Beyond the chokepoint, the conflict has forced long-lasting shifts in Asia’s food and energy flows.
On today’s Big Take Asia podcast, Oanh Ha joins Odd Lots co-hosts Tracy Alloway and Joe Weisenthal to discuss why Asia is reeling from the conflict and what the “new normal” looks like for global supply chains.
Hosted by Oanh Ha; Produced by Yang Yang; Reported by Tracy Alloway, Joe Weisenthal; Edited by Patrick Hirsch, Julia Weaver.
China Tightens Its Grip on Billions in Offshore Wealth
Offshore trading has long given Chinese investors access to global markets — often through legal gray areas. Now, Beijing is stepping in with its biggest crackdown in decades.
On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Lulu Chen about the sweeping restrictions and why Beijing is tightening controls over money leaving the country. We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Read more: China Targets Offshore Billions in Biggest Crackdown in Decades
Hosted by K. Oanh Ha; Produced by Naomi Ng, Yang Ya...
Huge AI Bonuses Spark South Korea Tech Wealth Fight
Samsung recently made headlines when it narrowly averted a strike by offering eye-popping bonuses to its chip workers. But the move has seemingly backfired—sparking deep resentment in other corners of the company and fueling a wider debate over wage equity in South Korea.
On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s Yoolim Lee break down how the wage dispute took hold in South Korea and discuss its broader global implications as other tech giants weigh how best to share the spoils of their AI windfalls.
Read more: Huge AI Bon...
Indonesia’s $15 Billion Free Lunch Experiment
Indonesia’s free lunch program is a massive operation, feeding tens of millions of people every day across a vast archipelago.
On today’s Big Take Asia podcast, host Rebecca Choong Wilkins talks with Bloomberg’s Rosalind Mathieson about the challenges facing President Prabowo’s flagship program and whether it can survive the strain.
Read more: Handing Out $15 Billion of Free Meals Strains Indonesia's Budget
Hosted by Rebecca Choong Wilkins; Produced by Naomi Ng; Reported by Rosalind Mathieson, Eko Listiyorini; Edited by Paddy Hirsch.
Fact-checking by Eleanor Harrison-Dengate; Engineering by Alex Sugiu...
Weekend Listen: China vs the US: Kishore Mahbubani on a Zero-Sum Rivalry
Beyond this month's talks between Chinese President Xi Jinping and US President Donald Trump, there’s an epic tale that has been unfolding for decades. It’s a battle to be the world’s number one power and a much bigger story than the latest meeting of these two men.
Kishore Mahbubani is a former Singaporean diplomat who served as president of the United Nations Security Council. For two decades, he has argued that the West fundamentally misunderstands the rise of China and its challenge to American supremacy.
Mahbubani, who eventually turned to academia, now special...
SoftBank’s $60 Billion OpenAI Bet Sparks Concerns
SoftBank founder Masayoshi Son has made a $60 billion bet on OpenAI and its CEO Sam Altman – a commitment that has some insiders worried.
On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Min-Jeong Lee about how Son became captivated by Altman and what’s at stake for his reputation – and the company – as the AI race intensifies.
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Read more: SoftBank Founder’s Starstruck Bet on OpenAI Raises Concern
Watch, from Originals: The Troubled S...
The Biggest Takeaways from the Trump-Xi Summit
Tensions between the US and China have deepened since the last time a US president traveled to Beijing for a summit, in 2017. President Trump’s return to China, in a swirl of dinners and festivities, generated positive optics for host and guest alike, but brought less apparent progress on some of the biggest bilateral sticking points, from tariffs and trade to US arms sales to Taiwan.
On today’s Big Take podcast, Big Take Asia host K. Oanh Ha talks to Co-head for Asia John Liu and White House Correspondent Jeff Mason, who were both on the grou...
Modi Is More Powerful Than Ever — Even as India’s Economy Strains
Despite India facing economic headwinds, Prime Minister Narendra Modi’s party defied expectations with a stunning state election sweep — capped by a historic win in opposition stronghold West Bengal.
On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Menaka Doshi about how the BJP secured a shock victory and what an emboldened Modi might mean for India and the world.
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Read more: Resurgent Modi Paves Way to Keep Power in India Well Beyond 2030
Hos...
Weekend Listen: Will the Xi-Trump Summit Be Over Before It Starts?
As a high-stakes Trump–Xi summit looms, tensions over the Iran war and defiance of US sanctions threaten to derail what could be one of the year’s most consequential meetings. On Trumponomics, Bloomberg's Stephanie Flanders is joined by Jennifer Welch, chief geoeconomics analyst for Bloomberg Economics and Bloomberg News executive editor Dan Ten Kate to unpack whether the talks will happen—and what’s really at stake for the global economy if they do.
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Why China Blocked Meta’s $2 Billion Acquisition of Manus AI
China’s decision to block Meta’s $2 billion acquisition of AI startup Manus stunned the global AI industry.
On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Newley Purnell and Lulu Chen about how the deal crumbled and what it signals for Chinese startups trying to go global.
Read more: China’s Meta Backlash Renders Manus Model ‘Officially Dead’
Hosted by K. Oanh Ha; Produced by Yang Yang and Naomi Ng; Reported by Newley Purnell and Lulu Chen; Edited by Paddy Hirsch.
Fact-checking by Eleanor Harrison-Dengat...
Weekend Listen: Writer Amitav Ghosh on Why India Has Lost Its Way
For more than 30 years, the Indian-born writer Amitav Ghosh has built a global following with novels that draw on deep historical research.
But his latest offering, Ghost-Eye, is more esoteric. The plot moves back and forth between India and the US, using past lives to explore the ties between the personal and the political.
The plot centers on a psychiatrist treating a 3-year-old who shocks her family by insisting she remembers a past life in a fishing community.
In this conversation with Mishal Husain, Ghosh explains why he’s finding it harder to wri...
North Korea’s Nuclear Program Reaches Tipping Point for the US
As global attention is focused on war in the Middle East, North Korea has been accelerating its nuclear and missile program — testing new weapons and producing more warheads.
On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Jon Herskovitz on Kim Jong Un’s aggressive nuclear buildup and the strain that puts on US defenses.
Read more: North Korea’s Nuclear Arsenal is Outgrowing the US Missile Defenses
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Hosted by K. Oanh Ha; Pr...
China’s Tech Grip Threatens India’s Manufacturing Ambitions
India wants to become a manufacturing powerhouse to rival China — but its reliance on the Chinese supply chain for things like batteries and semiconductors makes for a complex and exceedingly difficult puzzle to untangle.
On today's Big Take Asia Podcast, host Oanh Ha and Bloomberg’s Alisha Sachdev on how corporate India is struggling to navigate this unique geopolitical landscape.
Read more: China’s Control Over Tech Is Threatening India’s Manufacturing Dreams
Further listening: Asia Is Bearing the Brunt of the Iran War Energy Crisis
We have a special Bloomberg subscripti...
How Hormuz Closure Could Squeeze Asia’s Staple Crop
With the war in Iran creating a shortage of the fuel and fertilizer that farmers across Asia need to plant and harvest rice, many smallholders are seeking alternative supplies or pondering whether to plant at all.
On today’s Big Take Asia podcast, agriculture reporter Hallie Gu tells host Oanh Ha what the bottleneck in the Strait of Hormuz means for rice farmers from Cambodia to India — and how the fate of the region’s staple crop shapes its economy and politics.
Read more: Fuel Shortages From Iran War Threaten Asia’s Biggest Food Staple
Liste...
BONUS: ユニクロ・柳井正氏を直撃、アメリカ内陸部への執念と後継者
日本のアパレル王者、ユニクロ。アジアや米国の沿岸部で成功を収めた同社が、今まさに挑もうとしているのが、ブランド認知がまだ低い「フライオーバー・カントリー(内陸部)」と呼ばれる広大なエリアです。ここを制覇することは、創業者の柳井正氏にとってグローバルNo.1への「最後の難関」を意味します。
今回のエピソードでは、テキサス州ダラスの店舗取材に加え、銀座の旗艦店で柳井氏の買い物に同行した様子を披露。柳井氏本人のインタビュー音声を交え、なぜこのエリアを攻略しようとしているのか、そしてなぜ経営の第一線に留まり続けるのか、その真意に迫ります。
関連記事:ユニクロ柳井正、不屈の野心-米国攻略に向けた成長戦略の真髄「売上3兆円はいける」
ユニクロの東京旗艦店を柳井氏と歩く「買う立場で考える、全部」−世界26市場を支える経営哲学
制作・ホスト: 野上英文、 取材:リード・スティーブンソン 、編集:岩井春翔 、ファクトチェック:香月夏子 、サウンドデザイン・エンジニア: 安澤隆比古 、シニアプロデューサー: Naomi Shavin、デピュティ・エグゼクティブプロデューサー: Julia Weaver、エグゼクティブプロデューサー: Nicole Beemsterboer
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Uniqlo Is Coming for Middle America
Japan’s richest man — Uniqlo founder Tadashi Yanai — has struggled to win over the US, despite owning the world's third-largest clothing retailer by sales.
On today’s Big Take Asia podcast, Yanai takes Bloomberg’s Reed Stevenson to a store in Tokyo and explains why he’s betting big on America one more time.
Read more: Uniqlo's Billionaire Founder Wants Tenfold US Growth. Early Signs Are Good
Uniqlo Founder and Japan’s Richest Man Loves a $32 Pair of Slacks
Hosted by K. Oanh Ha; Produced by Yang Yang, Naomi Ng; Reported by Reed Stevenson...
Meet OpenClaw: The AI Craze Sweeping China
Fueled by a powerful mix of FOMO and a government drive to accelerate AI adoption, OpenClaw has exploded in popularity across China. But as these agentic systems gain sweeping access to personal data, reports of them “going rogue” are beginning to surface.
On today’s Big Take Asia podcast, host K. Oanh Ha sits down with Bloomberg’s Luz Ding and Bloomberg Opinion’s Catherine Thorbecke to dig into the rapid rise of agentic AI in China, why it has taken hold so quickly and the mounting security concerns pushing users and regulators to reassess the risks.
Read...
BTS Leads Netflix’s Push for Growth in Asia
BTS is back. After a near four-year hiatus, the K-pop icons returned with a historic Netflix event – the platform’s first concert live streamed from Asia.
On today's Big Take Asia Podcast, host K. Oanh Ha joins Bloomberg’s Sohee Kim and Lucas Shaw to discuss Netflix’s power move and how global streamers are fighting for dominance in the competitive Asian market.
Hosted by K. Oanh Ha Produced by Naomi Ng, Yang Yang Reported by Sohee Kim, Lucas Shaw Edited by Patrick Hirsch Fact-checking by Eleanor Harrison-Dengate Engineering by Taka Yasuzawa Deputy Executive Producer: Julia Wea...