Business
Indonesia’s Jokowi on Infrastructure, Economy, Election
Against the backdrop of the 7.3 billion dollar high speed rail Indonesia will launch on October, outgoing President Joko Widodo, better known as Jokowi, spoke with Bloomberg’s Haslinda Amin about the massive project, the economy, and his hopes on his successor not changing the country’s “vision.”
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Jonathan Ferro highlights the market-moving news you need to know heading into the opening bell on Wall Street.
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China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd. to operate within a “closed loop” restricted system for seven days as the southern manufacturing hub of Shenzhen battles its latest Covid outbreak. Emma O’Brien reports on Bloomberg Television.
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US oil executives say they were blindsided by the Trump administration’s Venezuela deal, which gives North American Blue Energy Partners access to fields that other companies had been pursuing. Bloomberg News White House Reporter Jennifer Dlouhy and Wall Street Journal National Security Reporter Vera Bergengruen are on Bloomberg This Weekend and say industry figures are also questioning whether the company can quickly develop new production and whether the arrangement can deliver lower gasoline prices before the midterm elections.
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UBS Group AG Chairman Colm Kelleher called on a small group of top advisers from his alma mater Morgan Stanley to ramp up contingency planning after clients pulled tens of billions of dollars from Credit Suisse Group AG. That move, coupled with groundwork that had been laid for years, allowed UBS to pull off one of the biggest bank deals ever in a matter of days. Michael Moore has the details in today’s “Big Take” on Bloomberg Television.
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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are RBC Capital Markets Head of Derivatives Strategy Amy Wu Silverman, Canada Chamber of Commerce Principal Economist Andrew DiCapua, Guggenheim Senior Analyst, Retail & E-Commerce Simeon Siegel, Marquee Brands CEO Heath Golden, Westwood Holdings Group CEO Brian Casey, AllianceBernstein Head of Equities Nelson Yu, BIVA CEO Maria Ariza, Panama Canal Administrator Ilya Espino de Marotta, Qualcomm CFO Akash Palkhiwala, Cisco President & Chief Product Officer Jeetu Patel, & Kroll CEO Jacob Silverman.
Chapters:
00:00:00 Bloomberg The Close
00:03:00 RBC’s Amy Wu Silverman on September Volatility & CPI
00:06:02 AI Data Centers, Midterms & Market Correlation Risks
00:10:09 Canada Retaliates With New U.S. Tariffs
00:13:00 Canada’s Trade Diversification & U.S. Dependence
00:17:21 Top Calls
00:18:30 Retail Outlook: Lululemon, Off-Price & Macy’s
00:22:36 Marquee Brands CEO on Roots Acquisition
00:25:37 Roots, Tariffs & Marquee’s Asset-Light Strategy
00:29:06 Martha Stewart, Cavalli & Global Brand Expansion
00:31:27 AI Power Demand & a New Texas Stock Exchange ETF
00:35:59 Markets, Tariffs & AI Capex With Nelson Yu
00:39:00 Market Broadening Beyond Big Tech
00:41:17 Iran Headlines Send Oil Higher & Stocks Lower
00:43:25 Closing Bell
00:46:23 Market Movers: Bloom Energy, Quantum Stocks & Intel
00:48:09 Amgen, Consumer Weakness & Treasury Yields
00:51:02 Market Recap: Iran, Oil, Canada & U.S. Trade Tensions
00:53:51 Investing in Mexico Amid U.S. Trade Uncertainty
00:57:45 Mexico’s Capital Markets, Listings & Foreign Investment
01:02:08 Panama Canal Chief on El Niño & Transit Cuts
01:05:05 Panama Canal Drought Risk, Revenue & Water Security
01:08:33 Panama Canal, U.S. Relations & Geopolitical Pressure
01:12:44 Qualcomm CFO on Amazon AI Data Center Deal
01:15:08 Qualcomm’s AI Chips, Power Efficiency & Hyperscalers
01:18:27 Smartphones, Edge AI & Qualcomm’s Growth Strategy
01:20:22 LIV Golf Files for Chapter 11 Bankruptcy
01:20:44 Cisco on AI-Powered Cybersecurity Threats
01:24:07 Cisco’s Secure Networks & Real-Time Threat Defense
01:25:43 Private Credit, SaaS Risk & Kroll’s Jacob Silverman
01:29:20 Refinancing Risk, Higher Rates & Private Credit
01:31:24 AI Cybersecurity Risks & the CrowdStrike Partnership
01:32:21 LIV Golf Bankruptcy: What Went Wrong
01:35:00 What to Watch
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@fiberoptikchanel9777
December 25, 2023 at 5:51 am
Happy to hear even the US, the super power is without bullet train. So Indonesia is better than the US in railways.
@hatewarwar
December 25, 2023 at 5:51 am
Jokowi, Indonesia's best president
@Ross-zv7it
December 25, 2023 at 5:51 am
😊😊
@eddyr1041
December 25, 2023 at 5:51 am
He build it
@user-sr5ir2si6w
December 25, 2023 at 5:51 am
My President 🤟
@tengkuferdiansyah8617
December 25, 2023 at 5:51 am
🔥🔥👏👏Jokowi
@awantokurnistudio1166
December 25, 2023 at 5:51 am
Jokowi have Pinnochio syndrome,.. he's not lovely again because he's real face and own greed now is clear openly🙏
@KennySutomo
December 25, 2023 at 5:51 am
Setuju dengan mr president. Setaip pergantian presiden haruslah punya usaha untuk melanjutkan yg sblmnya karn jika tdk kita sama aja ngulang lagi dari 0.
@YoungTim
December 25, 2023 at 5:51 am
Congratulation for you have a brilliant president！
@caesars.indoamericandreame1545
December 25, 2023 at 5:51 am
Indonesia will become top 5 in the world🔥🇮🇩👍🏼
@leonwijaya7698
December 25, 2023 at 5:51 am
Yang orang luar lihat kemajuan Indonesia,mereka tidak tahu modal KCIC hasil utang dan KEBOHONGAN,di awal Presiden Jokowi menyatakan tidak akan pernah memakai APBN untuk KCIC tapi setelah anggaran membengkak Dia dengan sangat berani mengubah UU dan membolehkan pakai ABPN. Rakyat Indonesia overproud dan menutup mata hati dengan kebanggaan PALSU DAN SEMU. Jika gagal bayar utang ke China maka APBN terancam. Bangga membangun, dengan utang 7.800 trilliun terbesar dalam sejarah Indonesia tanpa pertimbangan 😢
@kf168
December 25, 2023 at 5:51 am
the questions are already scripted 😅
@DeihanDzilky
December 25, 2023 at 5:51 am
HIDUPLAH INDONÉSIA RAYA!!!
🇮🇩❤️🇮🇩
@rnb2445
December 25, 2023 at 5:51 am
Kemajuan indonesia terlalu sempit hanya berkutat di pulau jawa,di pulau jawa pun kesenjangan terlalu tinggi ada daerah yg begitu maju,di sisi lain ada daerah yang sangat tertinggal,kemajuan saat ini hanya berputar di kalangan menengah kalangan bawah hanyalah korban korban ambisi pemerintah yang ingin terlihat sukses kenyataannya mmtidak😂😅
@kudaliar6793
December 25, 2023 at 5:51 am
Good job ,. 👍👍 Presiden ❤
@erikafurudo9960
December 25, 2023 at 5:51 am
0:12 Let's make it clear. US is not the superpower country anymore. It's actually China.
@achsobb5021
December 25, 2023 at 5:51 am
Pake english takut hasilnya amburadul
@jichcchcvgvufycrceessdxdjh
December 25, 2023 at 5:51 am
Why this guy looks like my father!!
@rahulsubramanian6730
December 25, 2023 at 5:51 am
Congratulations to Indonesian brothers for their success! May God bless Indonesia!
@rushday247
December 25, 2023 at 5:51 am
State Budget became the guarantee..😂😂😂😂😂…
@BoyoProject
December 25, 2023 at 5:51 am
Balas ngomong Inggris dong pak Joko, lawan bicaramu pake bahasa Inggris, dari bloomberg gaperlu pake voice over
@multatuli1
December 25, 2023 at 5:51 am
Our vice president makhruf is old like biden, he got no achievement worth mentioning whatsoever, very disgusting 😢
@MrMynameindra
December 25, 2023 at 5:51 am
gak apa lapar yg penting punya kereta cepat…
@Edmund.
December 25, 2023 at 5:51 am
YouTube already gives the option to use different audio, i want to hear without the dubs
@yunhaingo
December 25, 2023 at 5:51 am
❤
@mukhsin.7615
December 25, 2023 at 5:51 am
Sayang sekali saya gak bisa bahasa enggres
@tkhchief
December 25, 2023 at 5:51 am
Thanks for bloomberg Tv' to say my country now is super power…it sound as rather overlative. But as my president can say we need over capacity….but all still a😮s only the begining….thanks its have been planned…😅
@IsaAzahari
December 25, 2023 at 5:51 am
Jokowi's decision to build bullet train is shocking world.
@lakajnck
December 25, 2023 at 5:51 am
have Jokowi as our president is a miracle
@RedAka999
December 25, 2023 at 5:51 am
Kalau target harus selalu tinggi,semua capres gitu aja, angan2 tinggi janjinya, pas akhir jabatan ngelesnya " kan target harus selalu tinggi" kan cman target doang😂😅
Namanya janji y harus ditepati yang realistis ,target tinggi tidak tercapai ya berarti anda ingkar,apalgi janjinya bnyk 76 janji,msh inget gw dan bnyk yg ingkarnya sama sebagian besar gk tercapai😅
@AlwiSetiawan
December 25, 2023 at 5:51 am
Enlivened by accounts with numbers. 😂
@yudiagungsaputro6092
December 25, 2023 at 5:51 am
Saya bangsa dengan presiden Jokowi Dodo mengangkat harkat dan martabat bangsa Indonesia dengan tetap mengunakan bahasa Indonesia ketika di wawancara media asing
@Mokkaiko
December 25, 2023 at 5:51 am
As Indonesian i’d rather to read the subtitles instead of hearing an interpreter honestly. Bcs i can observe which words that Pak jokowi said and the interpreter.
@bambamkitring6666
December 25, 2023 at 5:51 am
Good Leader will serve his nation and his people. Insfratucture first 😊
@jefryfaizal8337
December 25, 2023 at 5:51 am
Wkwk, pertanyaan english dibalas jawa. Gak terlalu penting, kerna mau terlihat wow dan gemgsi sama jiran. Yaudah hutang aja sana sini. 😁
@sofiaramoiofficial
December 25, 2023 at 5:51 am
Indonesia you are blessed to have a President like President Widodo serve two terms. I was blessed to get on the train on Saturday to Bandung from Jakarta and it was so quick I was confused if we were already in Bandung. Terima Kasih and ❤ from Papua New Guinea 🇵🇬
@Dylan-cr5ub
December 25, 2023 at 5:51 am
🇺🇸 🇮🇩 🤝.
@Dylan-cr5ub
December 25, 2023 at 5:51 am
LETS GO INDONESIA 🇮🇩 🆙
@arshad1647
December 25, 2023 at 5:51 am
Meanwhile western nations crying in the corner and barking debt trap debt trap
@renatobenigno8870
December 25, 2023 at 5:51 am
Presiden yang sangat visioner, kagum dan bangga dengan kerja beliau
@ziiobintang7235
December 25, 2023 at 5:51 am
Aq sangat mencintai presiden ku bapak jokowidodo,beliau asalah sosok pemimpin yg mengedepankan kepentingan rakyat,dan beliau sering sekali turun ke jalan untuk melihat kondisi rakyatnya..sejak awal menjadi presiden hingga hari ini❤
@razaindriaofficial
December 25, 2023 at 5:51 am
I wish Anees Baswedan will be new president of Indonesia ❤️ 🇮🇩 Good wishes for him.
@hexer-chan5303
December 25, 2023 at 5:51 am
1:20 is the Highlight of this conversation. This is what the economists from Imperial Manila (capital of the Puppet Philippines) should learn. They reason out why railway system is not feasible in Mindanao because it's unprofitable (they said). No wonder Philippines has an average IQ of 81.
@Fuk_Xin
December 25, 2023 at 5:51 am
A few rare brave man form the S.E Asia he is…👍
@user-gr1gb7os2t
December 25, 2023 at 5:51 am
Can india ever make this train?
@royachmadjaelani
December 25, 2023 at 5:51 am
Jokowi is the best 👍👍👍
@naniksrisuhartati2309
December 25, 2023 at 5:51 am
Ini kalo yg diwawancara WAN Abud, kesombongan penyepongnya udah kek liat Imam Mahdi bicara ekonomi 😂😂😂😂
@skc948
December 25, 2023 at 5:51 am
For 142 km it took 7.2 billion usd. Chinnese govt and Indonesian country is in big trouble, India is building the bullet train with same amount money but almost 4 times the length aks 572 km.
@TeoQiaoErQtps
December 25, 2023 at 5:51 am
1st China 460km/h. 2nd Indonesia 350km/h. 3rd Germany 330km/h. 4th France 320km/h. PancaSila + Jokowi. Jokowi has has done good jobs before the end of President 2024.
@firdausahmad1849
December 25, 2023 at 5:51 am
JOKER WIDODO