Business
China Evergrande Faces Biggest Payment Test Yet
China Evergrande Group faces its biggest test. The troubled property developer has to make coupon payments totaling $148.1 million for three dollar bonds before the end of 30-day grace periods Wednesday. Evergrande missed the initial interest deadlines last month. Stephen Engle reports on “Bloomberg Daybreak: Australia.”
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
source
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
Lebanon saw its deadliest day of fighting in months, heaping pressure on stalled US-Iran negotiations while Washington prepares fresh economic measures.
President Donald Trump told the Pentagon to “substantially reduce” joint military exercises with South Korea, indicating his shift was driven by frustration the longtime US ally hadn’t provided more support for his war with Iran.
And Japanese growth unexpectedly slowed in the three months through June – complicating the outlook for the Bank of Japan ahead of its rate decision next month.
Today’s guest: Frederik Ducrozet, Pictet Wealth Management, Head of Strategy & Macro Research.
Chapters:
00:00:00 – Daybreak Europe
00:01:07 – Global Stocks Futures Point Higher
00:05:47 – China’s 10-Year Yield Dips to Lowest in Over a Year
00:09:33 – US Prepares Fresh Iran Sanctions
00:12:46 – Slower Japanese Growth Complicates BOJ Picture
00:17:14 – Belgian Firefighters Battle Record Blaze
00:20:23 – Rhine River Water Level Hits Record Low
00:22:54 – Second Ceuta Border Push Falls Flat
00:25:25 – Dollar, Yields Dip as Fed Rate Hike Bets Ease
00:27:45 – Oil Swings With Lebanon Tensions & Hormuz in Focus
00:29:12 – Frederik Ducrozet, Pictet Wealth Management, Head of Strategy & Macro Research
00:34:25 – Wildberries Depot Ablaze After Ukrainian Drone Strike
00:40:39 – Asian Stocks Edge Higher, Korea on Holiday
00:44:33 – China’s Credit Demand Weakens
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Barclays said it’s cutting 5,000 jobs as part of an effort to reduce costs, adding that artificial intelligence is starting to create efficiency. That would affect about 5% of the bank’s employees, according to a presentation on Thursday. Barclays employed about 93,000 people globally at the end of 2025.
Stocks fell as megacap earnings failed to reassure investors about the rebound in the artificial intelligence trade, Chinese equities neared a bear market and escalating Middle East tensions drove oil prices higher.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade Starts: Markets Brace for Tech Earnings, Oil & European Open
00:01:15 – The Agenda: Meta and Tesla Earnings Divide the Tech Trade
00:03:12 – The Agenda: Oil Climbs as Saudi Attacks Raise Geopolitical Risks
00:05:11 – Breaking News: Barclays and Hermès Earnings in Focus
00:07:14 – Roche CEO Thomas Schinecker on Earnings, Innovation and Europe, Roche’s Cancer Drug Pipeline and Growth Potential
00:16:45 – French Bond Yields Hit 5% as Fiscal Concerns Mount
00:16:52 – Allspring Global Investment’s Henrietta Pacquement on French Bond Yields Hit 5% as Fiscal Concerns Mount, European Futures Slide Ahead of the Open
00:25:32 – SAP CFO Dominik Asam on Cloud Growth and AI Transformation, Europe Needs Less Regulation to Compete in AI
00:32:53 – Meta’s AI Investment and Tesla’s Capex Concerns, IBM and Texas Instruments Earnings
00:37:36 – Jensen Huang: Europe Needs to Embrace AI
00:38:50 – MLIV: Global Markets Sell Off as Investors Seek Safety, Alibaba Slides Amid China Regulatory Concerns
00:42:30 – Stock to Watch: Barclays, Nokia and Roche
00:45:47 – European Markets Open Lower
00:50:45 – Barclays Earnings Disappoint as Fixed Income Revenue Drops, Barclays Cuts Jobs as AI Drives Efficiencies
00:54:58 – European Tech and AI Earnings in Focus
00:59:21 – Market Movers: Hermès Tumbles on China Weakness and French Unrest
01:02:12 – Goldman Sachs’ Sharon Bell on the European Tech Trade, Where to Invest as European Growth Slows, FTSE 100 Outlook and the Impact of a Weaker Currency
01:11:15 – European Stocks Fall as Energy Outperforms
01:13:26 – Need to Know
01:14:16 – Morgan Stanley’s Amy Gower on Copper, AI and the Global Metals Outlook Indonesia’s Aluminum and Nickel Supply Boom
01:21:10 – Saudi Attacks Push Oil Prices Higher
01:25:30 – Hermès Hit by China Weakness and French Unrest
01:29:43 – What’s Driving Market Nervousness, French Bond Spreads Surge Contagion Risks Across European Debt Markets
01:34:09 – European Markets Remain Under Pressure
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Stephanie Guild, CIO of Robinhood, joins Scarlet Fu and Tom Keene on “Bloomberg Money.” They discuss how she is seeing consumers take advantage of the pullback in AI, having cash on the side to invest, and how Robinhood users can now use agentic AI agents to invest on their behalf.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
Blackstone Inc. President Jon Gray pushes back against the idea that there is an AI bubble. He says demand for AI is “almost parabolic.” He speaks to Dani Burger on “Bloomberg Open Interest” about investing in AI and the firm’s third-quarter earnings results.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
In this episode of Next Africa, we dive into the continent’s fast-evolving tech landscape, from booming fintech to startups tackling Africa’s digital divide. Flutterwave CEO Olugbenga Agboola says the company is on track to achieve profitability. Optasia CEO Salvador Anglada shares how the firm aims to expand across the continent and abroad after its blockbuster IPO. Plus, we explore how Fibertime is working to close South Africa’s digital divide and Axian Group’s Hassanein Hiridjee discusses how stronger telecom infrastructure can underpin Africa’s AI-driven future.
00:00 – Bloomberg Next Africa
01:02 – Africa’s tech ecosystem
01:46 – Rwanda’s startup ecosystem
05:51 – VC investment landscape with Deepali Nangia from Speedinvest
09:21 – African startups to watch applications open
11:05 – Optasia CEO, Salvador Anglada on expansion plans
11:56 – Flutterwave CEO, Olugbenga Agboola on company’s path to profitability
15:56 – Fibertime’s path to connect South Africa’s townships
20:18 – Axian’s Group CEO Hassanein Hiridjee on investing in African infrastructure
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTech
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
-
Other3 years ago
Economic crisis Predictions|Bloomberg Surveillance 11/08/202…
-
Other3 years ago
Suppers Around The World – Tasty Recipes Please recognize th…
-
Food3 years ago
Kardea Brown’s Cheesy Hash Brown Casserole | Delicious Miss Brown | Food Network
-
Politics3 years ago
Russia hawks to Putin apologists: GOP stonewalls Ukraine aid, Tucker Carlson’s trip to Moscow
-
Other3 years ago
Giada De Laurentiis Makes Pan-Fried Zucchini w/ Anchovy Vina…
-
News3 years ago
White House warns of Russia invasion in Ukraine before end of Olympics
-
Sports3 years ago
Top 10 Saves from Week 13 of the 2021-22 NHL Season
-
Other3 years ago
Just how beginner Vivek Ramaswamy is gaining some Trump foll…
-
Other3 years ago
MaxMara Spring/Summer 2013 FULL SHOW|Milan Fashion Week MFW|…
-
Politics3 years ago
George Conway: ‘Lying, intimidating, bullying. That’s Trump at his worst, and that’s Trump always’
@bankfinanzas6348
January 14, 2024 at 5:31 pm
greetings from PERU the Group EVERGRANDE It is just a political issue, not so much an economic one. The Chinese government will inject aid sooner or later.
@AR-scorp
January 14, 2024 at 5:31 pm
Xi Xing is turning back China to old communist regime. Soon all private companies worth some value will be part of govt.
Great going. Keep it up.
@matthewpoteet8876
January 14, 2024 at 5:31 pm
German bondholders say its fake news that they are paying . They hold the bonds and have received no payment. China owns the media. The media can not be trusted on this issue.
@user-nf7gt6wb9x
January 14, 2024 at 5:31 pm
恒大一跨台完都完了 1.8万亿的欠款
@YouTubecensored
January 14, 2024 at 5:31 pm
This will not make it going broke
@julesgiddings8747
January 14, 2024 at 5:31 pm
Absolutely non the wiser!
@imeldomarcos4126
January 14, 2024 at 5:31 pm
U guys really need to move on from fud.
@anilrai6918
January 14, 2024 at 5:31 pm
Nothing is too big to fail. Chinese government should not bail out these dying corp. look at america and how much it is costing tax payer money to keep those dying corps
@edwillich1339
January 14, 2024 at 5:31 pm
There is nothing to support any payments have been made. This is just another CCP propaganda con job and US media is parroting what the CCP and financial institutions wants them to say. Just like the virus. Pathetic! True journalism is dead and the financial market is a huge Ponzi Scheme. It doesn't matter because this shit storm is coming whether they like it or not. Get your money out of the banks and buckle up.
@susanturner8457
January 14, 2024 at 5:31 pm
Buy commie shares and bonds ! what could go wrong!
@chx4eva
January 14, 2024 at 5:31 pm
Xi Jinping is crashing everything. He crashed bitcoin, Alibaba, Didi, tech companies, banks, now he's into real estate. He's just flexing his dikk trying to show all Chinese billionaires who's boss 🙄 meanwhile crashing the economy, obliterating hong kong, macau, next he has his dikk set on Taiwan
@stuart4860
January 14, 2024 at 5:31 pm
look for the government to purchase take large equity in most of these companies that are on the verge, the real estate market is mad in China and it needs to be frozen for 4-5 years. even when they arrest and execute people, it doesn't stop the next guy
@djcoded
January 14, 2024 at 5:31 pm
Bitcoin solves this
@racmir5588
January 14, 2024 at 5:31 pm
Evergrande has made no payments, none!
@jefthe1
January 14, 2024 at 5:31 pm
China is a Zombie economy at this point
@toddm6999
January 14, 2024 at 5:31 pm
Japan's real-estate bubble of the 90's oh how history repeats itself….this Chinese fail is un recoverable. Just like in Japan.
@bloedblarre
January 14, 2024 at 5:31 pm
Coupon repayment schedule: Dec 28 – $255.2m, Jan 22 – $117.5m, Jan 24 $235m, Feb 14 $2.1m, Mar 23 $2.1 BILLION, Apr 11 $1.5 BILLION. Tits up. China will not repay US debts back, no recourse for American investors and in return war between the US and China will ensue. Welcome to world war 3. Thinking of going long Bombardier, Raytheon, Lockheed.
@jerichosharman470
January 14, 2024 at 5:31 pm
Ok if a math or company is paying with coupons that’s a sign they’re screwed
@jerichosharman470
January 14, 2024 at 5:31 pm
Ever grande is paying with coupons ?
@greatndit
January 14, 2024 at 5:31 pm
Evergrande still has about 3 billion USD
Their debt is 300 billion usd
For now they will pay , but sooner or later they will run out of money
@HelptheBroncos
January 14, 2024 at 5:31 pm
Sooooo…..expect another '08 next year ?
@edgardoromero9607
January 14, 2024 at 5:31 pm
What is the big problem? All the assets of Evergrande will be to pay its debts and then the buildings or other construction projects are sold, the company will disappear but many directors and owners of the company will end up in jail !!!
@dumbmoneyape9946
January 14, 2024 at 5:31 pm
“ITS HAPPENING “
@xrp-ben2723
January 14, 2024 at 5:31 pm
Defaulted. Hello System.
@TARGINO83
January 14, 2024 at 5:31 pm
Não entendi nada.
@kushkingla7385
January 14, 2024 at 5:31 pm
So the answer is to give more money to people that made bad decisions.
@johnlee1876
January 14, 2024 at 5:31 pm
Too bad it didn't really default. I wanted that Chinese government to be destroyed!!!
@Hooyahfish
January 14, 2024 at 5:31 pm
Are U.S. houses about to go on clearance?
@bradmackie3476
January 14, 2024 at 5:31 pm
Come on America (private investor) bail them out. Capitalism and greed must survive
@armchairwomanmao2922
January 14, 2024 at 5:31 pm
"Junk borrowers" …
@FEELGOODGREEN
January 14, 2024 at 5:31 pm
BITCOIN IS HERE 🚀
@F_P_
January 14, 2024 at 5:31 pm
AMC to the moon, bring on the crash!
@patrickdidier5938
January 14, 2024 at 5:31 pm
USA (Bloomberg) you have enough to clean up in your own country without pointing fingers on others……!!! Evergrande is not the end of the world !
@cruzmanakajolonar3717
January 14, 2024 at 5:31 pm
Ha! They defaulted! Shit!
@e.sanoop110
January 14, 2024 at 5:31 pm
If the chinese govt were to bail out Evergrande, how many more indebted companies and industries can they really afford to bail out? Guys bailouts only causes problems in the future, its never a permanent solution to anything. Period😶🙄🙄😶
@AKGamer-xk3eo
January 14, 2024 at 5:31 pm
so whether its capitalism or communism the politics win always kill the economics of the region
@JohnSmith-ps7hf
January 14, 2024 at 5:31 pm
Karma will catch up with china.
@philhampton9094
January 14, 2024 at 5:31 pm
Whether it's dems or reps or libs or whatever, the "government" doesn't look out for the masses.
You need to work on securing yourself financially.
@MrBoliao98
January 14, 2024 at 5:31 pm
Honestly, he will be able to pay, China wouldn't let him not pay, and he is not going to give up his Real Estate empire in China.
@benfranklin9519
January 14, 2024 at 5:31 pm
Evergrande is still not bankrupt as Bloomberg has been predicting? Why?
@findingmo7049
January 14, 2024 at 5:31 pm
The slow motion contagion. The writing is on the wall… why would anyone think there is any little hope for the Chinese developers to turn around the real estate market in China with all the mess they got themselves into? It’s a con move to keep their bond holders guessing that they will receive the payments, specially in USD.
@MrZozue
January 14, 2024 at 5:31 pm
Time to start Operation Crash and Print !!!
@frenchfrenzy1167
January 14, 2024 at 5:31 pm
Happy to help
@stayprepared2388
January 14, 2024 at 5:31 pm
Who dare to ask evergrande to pay anything ? China police already activated.
@khaoscip1234A
January 14, 2024 at 5:31 pm
Dollars bond, pay, bond, dollars bond, default, bond, junk, default, junk bond
@okladood-adam2564
January 14, 2024 at 5:31 pm
Just pull the plug, not worth keeping the company on life support.