Jul 10

Business Daily meets: Max Levchin

The fintech entrepreneur tells us about co-founding PayPal, and how an embarrassing personal moment when trying to buy a car, led him to start the buy now, pay later company Affirm.Produced and presented by Leanna Byrne(Image: PayPal Co-Founder & Affirm CEO Max Levchin in 2019. C ... Show More

17m 34s

Jul 9

The impact of 'thirsty' data centres

We're in the US state of Georgia, where huge data centres need water to keep cool. But how is this need for cloud storage and AI capability affecting local residents and the environment?Presenter: Michelle Fleury Producer: Nathalie Jimenez(Image: Georgia resident Beverly Morris l ... Show More

17m 50s

Jul 8

Does university still get you a well-paid job?

Graduates are facing one of the toughest jobs markets in decades. We hear from students in India, the US and UK about whether they feel a university or college degree is worth it as we discuss the cost of attending university around the world and what your job prospects might be ... Show More

17m 27s

Oct 2021

Is Evergrande Really China’s Lehman Moment?

In September China's second largest real-estate developer, Evergrande, missed an $83.5 million debt payment. Skeptics and bears on China have long said that its property market, which makes up some 30 percent of GDP, is over-leveraged and overheated. The recent news has people as ... Show More

56m 54s

May 2024

The Big Short: China Edition

For years, China’s real estate market was booming. Developers, home buyers and Western banks rushed to invest. But the boom turned into a bubble, which eventually burst. WSJ’s Rebecca Feng reports on the warning signs that were ignored and we speak to two people who saw the colla ... Show More

24 m

Sep 2023

China's property crisis: how will it impact the economy?

Property giant Evergrande's financial problems have rippled through China's vast property industry, with several other developers defaulting on their debts. We look at this in more detail and and what’s likely to happen next for the sector – and the wider Chinese economy.

27m 15s

Aug 2023

Evergrande: Shares in the crisis-hit Chinese developer plunge by 80%

Shares in embattled Chinese property developer Evergrande have fallen almost 80% in their first day of trading in Hong Kong for a year and a half. The shares have lost more than 99% of their value in the past three years as Beijing cracked down on property firms. A technical issu ... Show More

50m 6s

Sep 2021

Evergrande debt crisis: China’s ‘Lehman moment’ vs Xi’s ‘Common Prosperity’

Mimi Lau speaks with SCMP reporter Pearl Liu about the background to the US$300 billion debt crisis for China's property giant Evergrande, the warning signs from 2019 and escalating events this year that lead to protests across China. Desk editor Zhou Xin explores how Evergrande ... Show More

38m 54s

Oct 2023

How did 6 million people in China buy homes that don’t exist?

China is in the middle of a housing market crisis. Two of its top property developers, Evergrande and Country Garden, are struggling to pay back debt or fulfil their promises to build properties they have already sold to millions of people.Fan Wang, a BBC reporter in Singapore, t ... Show More

13m 43s

Aug 2023

Is China’s ‘Lehman Moment’ Near?

A.M. Edition for Aug. 18. Financial stress at a large asset manager in China is making investors nervous about contagion from the country’s slumping property sector, as Evergrande files for bankruptcy. Reporter Rebecca Feng unpacks worries of China’s “Lehman moment.” Plus, Russia ... Show More

15m 43s

Evergrande and China's property woes