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Record Tanker Rates Threaten to Push U.S. Oil Exports to Asia to Seven-Year Low

23 October 2026 at 19:22
US crude oil exports to Asia are set to hit multi-year lows after the Iran war disrupted global shipping and pushed the cost to lease a tanker for the Pacific journey to a record of almost $80 million.

Henrik Lundqvist on Why He'll Always Be Grateful to Jim Dolan

23 October 2026 at 17:00

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On this episode of The Deal, Henrik Lundqvist tells Alex Rodriguez why he values Knicks and Rangers owner Jim Dolan for investing in his players https://www.bloomberg.com/the-deal

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Can Japan’s Economy Afford Takaichi’s Big Bet?

23 October 2026 at 09:00

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A year after becoming Japan’s prime minister, Sanae Takaichi is pursuing an ambitious plan to build a stronger, richer and more secure country. At the center of her strategy is a target of ¥370 trillion ($2.3 trillion) in public and private investment, spanning artificial intelligence, semiconductors, defense, energy, food technology and even manga.

But as Takaichi enters her second year in power, Japan faces a formidable combination of pressures: a weak yen, rising living costs, a shrinking workforce, enormous government debt and worsening relations with China. Takaichi also wants Japan to spend more on defense as security challenges grow across Asia.

This documentary examines Takaichi’s first year as prime minister, the forces that brought her to power and the risks surrounding her agenda.

Explore these and other related stories in more depth on Bloomberg.com

Japan Has Its First Woman Leader. Just Don’t Ask Her About Feminism: https://www.bloomberg.com/news/articles/2025-10-22/sanae-takaichi-is-japan-s-first-female-leader-but-equality-remains-elusive

Japan’s Takaichi Touts Sweeping Changes in Immigration Rules: https://www.bloomberg.com/news/articles/2026-09-28/japan-s-takaichi-touts-sweeping-changes-in-immigration-rules

Japan’s Takaichi Calls for Food Sales Tax Cut to 1% for Two Years: https://www.bloomberg.com/news/articles/2026-07-30/japan-s-takaichi-calls-for-food-sales-tax-cut-to-1-nhk-says

Takaichi’s Long-Term Vision May Fail to Dispel Inflation Angst: https://www.bloomberg.com/news/articles/2026-07-28/takaichi-s-long-term-vision-may-fail-to-dispel-inflation-angst

Japan’s Investment Targets Include AI, Quantum Computing: https://www.bloomberg.com/news/articles/2026-03-10/japan-s-investment-targets-include-ai-quantum-computing-drones

Japan Confirms Three-Day Yen Intervention in Spring to Lift Yen: https://www.bloomberg.com/news/articles/2026-08-06/japan-confirms-intervention-on-three-days-in-spring-to-buoy-yen

00:00 Introduction
01:18 Takaichi’s background
2:16 Election
3:53 Economic challenges
6:15 Work ethic
6:57 Policies
8:11 China and defense
9:12 Relationship with the US
10:05 Investment plan
11:16 Conclusion

#Japan #Yen #Takaichi
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Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel Bloomberg News for global news and insight in an instant.
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