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November 22, 2024
 

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David Lawder
U.S. Secretary of Treasury Janet Yellen and Ukrainian Minister of Finance Sergii Marchenko speak prior to signing a joint statement on a U.S. loan paid for by profits from Russia's sovereign assets, at the Treasury Department in Washington on Wednesday.
WORLD / Politics
Oct 24, 2024
U.S. finalizes $20 billion share of $50 billion G7 loan to Ukraine
"Ukraine can receive the assistance it needs now, without burdening taxpayers," said U.S. President Joe Biden.
A woman sits in front of the New York skyline in Hoboken, New Jersey, on June 23.
BUSINESS / Economy
Oct 23, 2024
U.S. remains engine of global growth in latest IMF forecasts
In its latest World Economic Outlook, the IMF raised its 2024 and 2025 economic growth forecasts for the U.S.
Afghan women after an earthquake in Herat, Afghanistan, on Oct. 10, 2023
BUSINESS / Economy
Oct 14, 2024
Poorest nations in worst financial shape since 2006, World Bank says
The World Bank report finds these economies are poorer today, on average, than they were on the eve of the COVID-19 pandemic.
International Monetary Fund spokesperson Julie Kozack
BUSINESS
Oct 4, 2024
IMF says Japan should keep raising rates if inflation data warrants it
Prime Minister Shigeru Ishiba said on Wednesday that Japan is not in an environment requiring an additional rate hike.
Employees work on an electric car production line near Ningbo, China, in April 2021. In new measures announced Friday, the Biden administration is moving to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.
BUSINESS / Economy
Sep 14, 2024
U.S. locks in steep China tariff hikes, as some industries warn of disruptions
The tariffs include a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals.
U.S. President Joe Biden meets with Vietnam President Vo Van Thuong in Hanoi on Sept. 11, 2023. During Biden's visit to Hanoi last year, the U.S. and Vietnam elevated ties to a comprehensive strategic partnership.
BUSINESS / Economy
May 9, 2024
Vietnam's China ties loom large in U.S. hearing on market economy upgrade
Opponents cite Beijing's outsized influence on Hanoi while proponents argue that denial of market economy status would push Vietnam closer to its neighbor.
U.S. Treasury Secretary Janet Yellen meets China's Vice Premier He Lifeng at the Guangdong Zhudao Guest House, in Guangzhou, Guangdong province, China, on Saturday.
WORLD / Politics
Apr 6, 2024
U.S. and China to start new talks on balanced growth, Yellen says
The top priority of her four day visit to China was to persuade Beijing to rein in excess production capacity for clean energy technology.
Changes from the World Bank are part of broader reform efforts to expand the development lender's mission to tackle climate change and other global crises, and vastly enlarging its lending capacity.
BUSINESS / Economy
Feb 2, 2024
World Bank to offer access to emergency funds from existing loans
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
Indo-Pacific Economic Framework leaders pose for a family photo at the Asia-Pacific Economic Cooperation summit in San Francisco on Thursday.
BUSINESS / Economy
Nov 18, 2023
Indo-Pacific trade deal prospects dim as U.S. election year looms
Election-year pressures and resistance to tough commitments from some countries make a deal unlikely anytime soon, observers say.
U.S. Treasury secretary Janet Yellen (right) and He Lifeng, China's vice premier, shake hands during a meeting in San Francisco, California, on Thursday.
WORLD / Politics
Nov 10, 2023
Yellen seeks 'substantive' talks with Chinese vice premier ahead of APEC summit
U.S. Treasury officials have sought to downplay expectations for any breakthroughs from the meetings in San Francisco.
International Monetary Fund Managing Director Kristalina Georgieva walks after attending an interview at the International Media Center at the Group of 20 summit in New Delhi on Sept. 10.
BUSINESS / Economy
Sep 16, 2023
IMF to urge China to shift growth model toward consumption
IMF Managing Director Kristalina Georgieva plans to ask China to address a number of issues that are dragging down both Chinese and global growth.
A villager amongst the rubble of destroyed buildings following an earthquake near the town of Amizmiz, in the Al Haouz region of Morocco, on Sunday.
WORLD / Society
Sep 12, 2023
Morocco planning to hold IMF-World Bank meetings despite quake
The meetings in Marrakech were originally scheduled for 2021, but were postponed twice due to the COVID-19 pandemic.
Japan Times
BUSINESS
May 16, 2023
U.S. on track for June 1 default without debt ceiling hike, Treasury says
In her second letter to Congress in two weeks, Treasury Secretary Janet Yellen confirmed that the agency will be unlikely to meet all U.S. government payment obligations by early June.
Japan Times
BUSINESS / Economy
Apr 13, 2023
New BOJ chief vows to keep stimulus and shuns premature tightening
While other countries are experiencing elevated inflation, the situation is 'quite different' in Japan, Kazuo Ueda said.
Japan Times
ASIA PACIFIC
Feb 24, 2023
India urges focus on 'most vulnerable' at G20 meeting but avoids mention of war
The Indian leader made no direct mention of the Ukraine war in his address to G20 finance ministers and central bank governors in Bengaluru.
Japan Times
WORLD
Feb 16, 2023
U.S. could face debt-ceiling crisis this summer without deal
If the debt limit is not raised or suspended before extraordinary measures are exhausted, the government will be unable to pay its obligations fully.
Japan Times
WORLD / ANALYSIS
Dec 7, 2022
G7's Russian oil price cap evolves from revenue squeeze to market anchor
Analysts said the cap will have little immediate impact on the oil revenues that Moscow is currently earning to fund its war machine.
Japan Times
BUSINESS / ANALYSIS
Sep 30, 2022
U.S. has no appetite to intervene on behalf of falling pound or yen
The drop in the pound has largely been attributed to British spending plans that stretch the government's finances.
Japan Times
BUSINESS
Aug 11, 2022
U.S. rethinks approach to China tariffs in wake of Taiwan response
The president's team has been wrestling for months with various ways to ease the costs of duties imposed on Chinese imports during predecessor Donald Trump's tenure.
Japan Times
WORLD
Apr 21, 2022
G20 finance chiefs condemn Russia, with some members staging walkout
Indonesia's finance chief, who chaired a meeting of G20 finance officials in Washington, acknowledged the body faced unprecedented challenges but called for cooperation.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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