Business
South Korean Authorities Move to Arrest Yoon | Bloomberg: The Asia Trade 1/3/25
“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
Chapters:
00:00:16 – Bloomberg: The Asia Trade begins
00:02:46 – South Korean investigators arrive to arrest Yoon
00:09:03 – Prestige Economics’ Jason Schenker on South Korea’s political turmoil and global investment outlook
00:24:08 – Tesla’s Annual EV sales drop for first time in over a decade
00:29:30 – China mulls battery parts export curbs
00:33:42 – Meta replaces Clegg with policy executive who has GOP ties
00:40:54 – Bloomberg Intelligence: Korean won could be Asia’s most undervalued currency
00:47:18 – South Korean markets open
00:47:19 – Military unit blocks Korean investigators’ entry into Yoon residence: Yonhap
00:54:35 – Fibonacci Asset Management’s Jung In Yun on Korea, market risks
01:08:52 – FBI says New Orleans, Vegas attacks don’t appear coordinated
01:12:06 – LME Nickel hits four-year low as 2025 opens with eyes on China
01:14:39 – Tesla Cybertruck joins list of EVs eligible for US subsidy
01:18:09 – Korean automakers poised for rebound on Won boost
01:24:27 – Yonsei University’s M. Jae Moon on South Korea’s political turmoil
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Business
Meta Debuts Lightweight $1,299 VR Glasses
Meta is expanding its smart-glasses lineup with its first camera-free models, support for the new Muse assistant and a new hearing-aid mode. And the new lightweight VR headset promises to reset the category, explains Mark Gurman.
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Business
India Voter Roll Protests Escalate as Opposition Ramps Up Pressure
Protests over India’s voter roll overhaul are showing little sign of fading. Bloomberg’s Government Reporter Sudhi Ranjan Sen explains why the CJP and opposition parties are intensifying pressure on the Election Commission and what the demonstrations could mean for the government.
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Business
Boeing Will Suspend 737 Max Production in January
Dec.16 — Boeing Co. will temporarily halt production of the grounded 737 Max in January, the Wall Street Journal has reported. Bloomberg Intelligence’s George Ferguson discusses the pause on “What’d You Miss?”
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Business
Spanish PM Sánchez Calls Snap Election as Housing Plan Fails
Spanish Prime Minister Pedro Sánchez called an early election for Nov. 29 after parliament rejected a housing plan last week that his government had hoped would quell mounting social protests. Bloomberg’s Rodrigo Orihuela reports.
——–
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Business
Trump Touts $54B South Korean LNG Plan in Alaska
“Balance of Power” focuses on the intersection of politics and global business. On today’s show, Rep. Madeleine Dean (D-PA) says the federal government must play a role in regulating artificial intelligence and work to establish guardrails, arguing that competition with China does not give Washington a pass on oversight. Francis deSouza, Scale AI CEO, says comprehensive testing is needed to understand what AI models can do and the risks they pose before determining how to mitigate them.
Chapters:
00:02:21 Bloomberg’s Jen Dlouhy on Trump Announces $200 Billion South Korean Investment
00:04:55 Bloomberg’s Mike McKee on Fed Inspector General Clears Powell of Wrongdoing
00:07:29 Bloomberg’s Erik Wasson on Senate Wraps Up Before Midterm Recess
00:10:28 Power Moves: Top Financial Moves
00:14:14 Rep. Madeleine Dean (D-PA) on Data Centers and AI Regulation
00:20:22 Rep. Madeleine Dean (D-PA) on the Iran War and Diplomacy
00:22:36 Rep. Madeleine Dean (D-PA) on Final US Forces Leave Iraq
00:25:16 Scale AI CEO Francis deSouza on AI Safety and Testing
00:27:43 Francis deSouza on Assessing AI Risks and Regulation
00:31:00 Francis deSouza on Risks From Open-Weight AI Models
00:33:53 Bloomberg’s Jeff Mason on Trump Considers Diesel Export Ban
00:36:59 Political Panel Reacts: Trump’s Midterm Campaign Strategy, Trump, Ken Paxton and the Texas Senate Race, Michigan Senate Race and New Polling
——–
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