Inside the Explosive Feud That Rocked Singapore’s Richest Family
For decades, Singapore’s Kwek family, owners of one of the city’s biggest developers, looked to be the model of a successful family-run business. But that image was shattered when the family patriarch filed a lawsuit against his son. On today's Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg’s Sheryl Lee and Dexter Low to examine what happened behind the boardroom doors of City Developments and how investors are navigating its fallout. Further listening: A New Breed of Scammer Is Targeting Asia's Ultra-Rich See omnystudio.com/listener for privacy information.
15 Apr 15min
America Is Pumping The Brakes On EVs. GM Is Doubling Down.
It’s been a tough year for electric vehicles: Since President Trump took office for a second term, the US has started a complete 180 on its investment in EVs. And as Trump’s trade war continues, the industry is bracing for additional tariffs and disruption to supply chains. But one company is pushing forward: General Motors. On today’s Big Take podcast, Bloomberg Detroit Bureau Chief David Welch and host David Gura examine the road ahead for GM’s big bet on electric, and what it means for future EV buyers.Read more: GM’s Mary Barra Has to Make a $35 Billion EV Bet Work in Trump’s AmericaSee omnystudio.com/listener for privacy information.
14 Apr 15min
Forget the S&P or CPI. Meet the Bacon Egg and Cheese Index
When it comes to measuring economic pain, the cost of a humble breakfast sandwich might not be top of mind. But Bloomberg has an index that tracks the rising cost of a bacon, egg and cheese sandwich, plus a cup of coffee. And this year, it’s reached record highs. On today’s Big Take podcast, we hear from people up and down the BEC supply chain — from a wheat farmer to a coffee roaster to a guy who turned his life-long love of eggs into a career. What does the most important meal of the day tell us about inflation, supply and demand, and the complexities of financial markets? More importantly: how did this sandwich get so expensive? Follow the BEC Index on the Bloomberg Terminal: {ECAN US BEC<Go>} Read more: A Classic New York Cheap Breakfast Hits $8 on Steep Eggs Prices Further listening: Why Eggs Are So Expensive Right NowSee omnystudio.com/listener for privacy information.
11 Apr 20min
What a Trade War Means for Your Money
It’s been a bewildering time for retail investors trying to make sense of global markets. In the week since President Trump unveiled sweeping tariffs, markets have plunged, rebounded — and now, they’re sliding again. Meanwhile, the trade war between the US and China continues. Both announced severe new tariffs this week. On today’s Big Take podcast, Bloomberg’s Charlie Wells and host Sarah Holder try to make sense of what all this uncertainty means for your money and dig into what experts recommend doing to protect yourself right now and in the weeks and months ahead.See omnystudio.com/listener for privacy information.
10 Apr 19min
What the Heck Just Happened in the Bond Market?
It’s been a rollercoaster of a week for global markets. As President Trump goes back and forth about the size and scope of his tariffs, Bloomberg is watching one market especially closely: bonds. US Treasuries are widely seen as one of the world’s safest assets, especially in periods of financial volatility. But will they hold? On today’s episode of the Big Take DC, hosts Sarah Holder and Saleha Mohsin sit down with Bloomberg chief correspondent Liz Capo McCormick to unpack a week of sharp selloffs in the bond market, and how the swings could impact mortgage rates and student loans.See omnystudio.com/listener for privacy information.
9 Apr 14min
Why Asia Was Hit Hardest by Trump’s Tariff Onslaught
US President Donald Trump shocked the world -- and global markets -- with tariffs that exceeded expectations last week. But there was one region that was hit harder than most: Asia. Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%. On today's Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg's John Liu in Beijing and John Boudreau in Ho Chi Minh City to discuss the reactions from Asian economies and how the tariff onslaught may upend the trading world order. Read more: Trump’s Tariffs and China Collide to Shock the $115 Trillion Global Economy Tariffs Rip Through Southeast Asia Stocks, Sink Vietnam’s MarketFurther listening: The Trump Trade War’s First Casualty? The Bull Market Trump Announces Sweeping New Tariffs. What’s NextSee omnystudio.com/listener for privacy information.
8 Apr 18min
The Trump Trade War’s First Casualty? The Bull Market
It's been a volatile few days across global markets. As the equity sell-off has deepened, a growing number of market strategists have revised down their targets for where the S&P 500 will be at the end of the year, and economists at several big banks have updated their forecasts. Today on the Big Take podcast, unpacking the seismic effect US President Trump’s tariffs announcement is having on markets. Bloomberg Opinion’s John Authers joins host David Gura to contextualize the market moves — and explain what’s likely to happen next. Read more from John Authers here.See omnystudio.com/listener for privacy information.
7 Apr 19min
DNA and Bankruptcy Collide With 23andMe
The genetic testing company 23andMe filed for bankruptcy in March, after years of slowing sales, legal trouble, and a declining stock price. And now, the valuable trove of genetic data the company owns is for sale, sparking privacy concerns. On today’s Big Take, Bloomberg biotech reporter Gerry Smith traces the rise and fall of 23andMe, and bankruptcy reporter Jonathan Randles outlines what a possible sale could mean for millions of users’ genetic data. Read more: Bankrupt 23andMe’s DNA Data Gets Sale Nod as Concerns LingerSee omnystudio.com/listener for privacy information.
4 Apr 16min
