Big Take Asia

Hackers the FBI has linked to North Korea stole $6.3 billion from Binance, pulling off the biggest crypto heist of all time.
On today’s Big Take podcast, host Sarah Holder speaks with Bloomberg crypto editor Ryan Weeks and Bloomberg Economics’ Adam Farrar about how the attack unfolded and how stolen crypto is increasingly funding Pyongyang’s nuclear ambitions.
Read more:
North Korean Hackers Behind Binance Crypto Heist Are Weaponizing AI
Kim Jong Un Flouted Sanctions to Amass $22 Billion Windfall
Further listening: The Unexpected Rise of North Korea’s Economy
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
See omnystudio.com/listener for privacy information.

After a rare double downgrade warning from MSCI, Indonesia suffered its worst stock rout in nearly 30 years.
On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Indonesia bureau chief Ben Otto about what dropping Southeast Asia’s largest economy from key global benchmarks would mean for investors and what Jakarta can do to avert the crisis.
Read more: What Happens If Indonesia Is Removed From MSCI’s Global Indexes?

Further listening: Indonesia’s $15 Billion Free Lunch Experiment
Watch, from Originals: Inside Indonesia's Market Meltdown
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Host: K. Oanh Ha; Guest: Ben Otto; Produced by Naomi Ng; Edited by Crispina Robert; Engineering by Greg Tock.
See omnystudio.com/listener for privacy information.

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, Reshaping Carry Trade
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Host: K. Oanh Ha; Guest: Paul Jackson; Produced by Naomi Ng; Edited by Crispina Robert and Julia Weaver; Engineering by Greg Tock.
See omnystudio.com/listener for privacy information.

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
Watch, from Originals: How India's Day Retail Traders Lost Billions
Host: Rebecca Choong Wilkins; Guest: Savio Shetty; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Julia Weaver. Engineering by Sean Carter II.
See omnystudio.com/listener for privacy information.

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 Index: 500 of the World’s Richest People
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Hosted by K. Oanh Ha; Guests: Cindy Wang, Catherine Thorbecke; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Paddy Hirsch Engineering by Greg Tock.
See omnystudio.com/listener for privacy information.