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November 23, 2024
 

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GLOBAL ECONOMY

Chinese President Xi Jinping arrives for a bilateral meeting Peruvian President Dina Boluarte at the Government Palace in Lima on Nov. 14.
WORLD / Politics
Nov 20, 2024
Xi’s push for stable world of low tariffs undone by Trump and Putin
U.S. President-elect Donald Trump is threatening to put 60% tariffs on Chinese goods while China walks a tightrope regarding Russia’s invasion of Ukraine.
Chinese leader Xi Jinping reviews an honor guard upon his arrival for the Asia-Pacific Economic Cooperation forum in Callao, Peru, on Thursday.
BUSINESS / Economy
Nov 16, 2024
Xi seizes role as global defender of free trade against Trump
China’s leader warned on Friday that the global economy was fracturing as protectionism spreads, leading to "severe challenges.”
U.S. President-elect Donald Trump attends a meeting with House Republicans at the Hyatt Regency hotel in Washington on Wednesday.
WORLD / Politics
Nov 16, 2024
G20 set to back climate goals and global trade in message to Trump
Group of 20 leaders meeting in Brazil next week are set to show unity on climate action and global trade rules.
The Azerbaijan pavilion during the COP29 climate conference in Baku, Azerbaijan, on Monday
ENVIRONMENT / Climate change
Nov 14, 2024
Hopes pinned on low-key COP29 to thrash out climate-finance details
The Baku summit aims to reach new agreement for climate-related transfers from rich to poor countries, intended to replace a $100 billion annual target set in 2009.
Then-Chinese Vice Premier Liu He presents a letter from his boss, Xi Jinping, to then-U.S. President Donald Trump at the White House following trade negotiations in October 2019.
COMMENTARY
Nov 14, 2024
Trump’s tariffs and inflation fatigue are a toxic brew
Key to Trump's logic is the idea that the U.S. has all the leverage, and that just isn’t true in the current macroeconomic environment.
Taxes on U.S. citizens working abroad aren’t excessive so much as excessively complicated.
COMMENTARY / World
Nov 14, 2024
Trump is right: Expat taxes are too complicated
Taxes on U.S. citizens working abroad aren’t excessive so much as excessively complicated.
While equity investors are optimistic about tax cuts and deregulation, concerns are emerging in the bond and currency markets, which are signaling fears of higher inflation due to Donald Trump’s economic proposals.
COMMENTARY / World
Nov 12, 2024
Trump’s market honeymoon won't last much longer
Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing.
Donald Trump believes the U.S. should prioritize its own national interests like other countries rather than maintaining its traditional role as a global leader, signaling a dramatic shift in how the United States may engage with the world.
COMMENTARY / World
Nov 12, 2024
Who will step up if Trump steps back?
U.S. President-elect Donald Trump is indifferent to the global order and may adopt a foreign policy approach that reshapes the global balance of power.
Shipping containers are seen at the Port of Nanjing in eastern China's Jiangsu province on Oct. 17.
BUSINESS / Markets
Nov 12, 2024
China approaches record $1 trillion trade surplus to world’s ire
The pace of widening puts China on a collision course with some of the world’s biggest economies by aggravating an imbalance in global commerce.
Japanese exporters could be hit by higher U.S. tariffs.
BUSINESS / Economy
Nov 11, 2024
Trump tariffs could have a significant impact on Japanese exports
The U.S. president-elect has promised 10% to 20% duties on all goods coming into the United States.
Donald Trump arrives for an election night event at the Palm Beach Convention Center in West Palm Beach, Florida, on Wednesday.
BUSINESS / Economy
Nov 10, 2024
Charting the global economy: Trump win reverberates around the world
Fed Chair Jerome Powell said Trump’s re-election will have 'no effect' on the central bank’s policy decisions in the near-term.
Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former U.S. President Donald Trump in Asheville, North Carolina, in August.
BUSINESS / Economy
Nov 9, 2024
Scott Bessent, top candidate for Treasury Secretary, meets with Trump
The Treasury Secretary job is a key Cabinet position, with vast influence over economic, regulatory and international affairs.
Chinese Finance Minister Lan Foan attends a news conference about a bill on raising ceilings on local government debt, at the Great Hall of the People in Beijing, on Friday.
BUSINESS / Economy
Nov 9, 2024
China unveils $1.4 trillion debt swap, saving stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting on interest rate policy in Washington on Thursday.
BUSINESS / Economy
Nov 8, 2024
Powell signals readiness to defy Trump in defense of Fed
Federal Reserve Chair Jerome Powell insisted the incoming president doesn’t have the power to fire him or other senior Fed leaders.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
The European Commission's executive vice president, Valdis Dombrovskis, and Chinese Vice Premier He Lifeng finish a joint news conference following the 10th China-EU High-Level Economic and Trade Dialogue in Beijing in September 2023.
COMMENTARY / World
Nov 6, 2024
It's not just U.S. trade hawks. Europe fears China, too.
As China’s economic policies take hold, Europe's economic concerns may be just beginning.
The disparity in adoption of artificial intelligence will cause uneven economic growth, with AI-driven sectors becoming cheaper and more efficient while AI-resistant sectors may slow overall economic progress.
COMMENTARY / World
Nov 6, 2024
AI’s effect on the U.S. economy will be wildly uneven
Businesses vulnerable to competition will face heavy pressure to adopt the new technology, but in government and education, adoption will be slower.
There will be considerable consistency in U.S. policy regardless of who wins the presidential election, however, and, unfortunately, many of them will trouble allies and partners.
COMMENTARY / World
Nov 5, 2024
Regardless of election results, U.S. foreign policy is sure to trouble allies
“Strategic competition between the United States and China is poised to intensify no matter who assumes the U.S. presidency in January 2025.”
Chinese leader Xi Jinping and senior officials and delegates at the National Peoples Congress in Beijing in March
BUSINESS / Economy
Nov 4, 2024
China stimulus questions to persist long after meeting this week
It may be months before detailed plans to support consumption come into focus.
Stock data is displayed in the Lujiazui financial district in Shanghai in August.
BUSINESS / Markets / ANALYSIS
Nov 1, 2024
Investors take cover in Asia ahead of U.S. election
Money managers are looking to make bets in India or China that stand to gain regardless of who becomes president. 
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
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.

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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