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Emerging Markets in Focus, Japan Leadership Race | Bloomberg Daybreak: Asia Edition

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October 3, 2025

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In the US, stocks just notched record highs thanks to the tech rally. That is despite an ongoing government shutdown. Meantime, emerging markets are facing challenges from political risks in South America to Asia's slowdown under tariffs. For more insights, we turn to Jeff Grills – Head of EM Debt at Aegon Asset Management.

We go to Japan, where the country will get its second prime minister in just over a year when the ruling Liberal Democratic Party holds a leadership election this weekend. The new leader will replace outgoing Prime Minister Shigeru Ishiba, who was forced to resign after a historic upper house election loss in July. For more, we heard from David Boling, Eurasia Group Director for Japan and Asian Trade. Boling spoke to Bloomberg's Shery Ahn and Avril Hong on the Asia Trade.

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Bloomberg Daybreak Asia delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.

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Guests & Subjects Covered

South AmericaJeff GrillsEM DebtAegon Asset Management WeLiberal Democratic PartyPrime Minister Shigeru IshibaJuly ForAsian Trade Boling

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Emerging Markets in Focus, Japan Leadership Race | Bloomberg Daybreak: Asia Edition · Bloomberg Podcasts · Sentinel