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August 15, 2024
 

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GLOBAL ECONOMY

Japan Times
BUSINESS
Jul 13, 2023
Financial world failing to account for likely cost of record-breaking heat
The world just had the hottest week on record, which followed the hottest June on record, but many companies and investors have not considered the risk this poses to their physical assets.
Japan Times
COMMENTARY / World
Jul 10, 2023
Shipping needs nuclear power to solve its emissions problem
The shipping industry’s energy needs far exceed the capacity of green sources like solar and wind. There is only one clean alternative: nuclear power.
Japan Times
COMMENTARY / World
Jul 6, 2023
The governance threat to global economic prosperity
The past few years have been characterized by growing political instability, which increases the risk of abrupt policy reversals that could dampen investment and undermine global economic growth.
Japan Times
COMMENTARY / World
Jul 6, 2023
The mighty U.S. dollar can fight off the digital upstarts
The de-dollarization project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced.
Japan Times
COMMENTARY / World
Jul 4, 2023
Japan a likely winner in United States’ China strategy
While America's economic security posture toward China may be too much for some countries to stomach, it is at least helping its closest allies.
Japan Times
COMMENTARY / World
Jul 3, 2023
The American economy is teetering on the edge
The U.S. economic situation is precarious and much will depend on fiscal and monetary policy. Still, many forecasters expect that a minor recession is coming.
Japan Times
COMMENTARY / World
Jun 29, 2023
The myth of AI-driven unemployment
Whether generative AI — including large language models like ChatGPT-4 — will be good for workers depends significantly on whether it leads to more innovation in products or processes.
Japan Times
COMMENTARY / World
Jun 28, 2023
Adam Smith, founding father of modern economics, 300 years later
The tercentenary of Adam Smith’s birth is an opportunity to consider how his insights into the dynamics of economic growth will shape our understanding of a world with AI.
Japan Times
BUSINESS
Jun 28, 2023
UBS looks to cut around 35,000 jobs after emergency takeover of Credit Suisse
The cull of staff will dramatically worsen what was already a dismal year for financial sector jobs worldwide.
Japan Times
COMMENTARY / World
Jun 26, 2023
A fulfilling job is a luxury of modern times
The idea that your work should pay emotional dividends — and not just the bills — would have seemed strange to most people before the 20th century.
Japan Times
BUSINESS
Jun 26, 2023
Gloom grips China markets again as stimulus trade fizzles out
China’s travel spending during the dragon-boat festival holiday fell short of pre-COVID levels, underscoring the slowdown in consumption.
Japan Times
COMMENTARY / World
Jun 23, 2023
ASEAN finds itself stuck between the U.S. and China
To build resilience at a time of great-power rivalries, Southeast Asian countries must strengthen regional cooperation.
Japan Times
WORLD
Jun 21, 2023
Unlocking climate trillions with a global plan from a sinking island
A summit in Paris this week will bring together the heads of government from more than 100 countries to grapple with financial scarcity as the single-biggest impediment to climate action.
Japan Times
BUSINESS / Markets
Jun 20, 2023
Gold prices at record highs near ¥10,000 per gram
Gold, regarded as a safe-haven asset in times of emergencies and inflation, has been increasingly attracting demand.
Japan Times
COMMENTARY / World
Jun 19, 2023
COVID-19 was a natural experiment for climate policy
When fossil-fuel demand declines only in some countries, supply does not fall because other parts of the world will absorb the unused fuel at lower prices.
Japan Times
BUSINESS
Jun 15, 2023
Pacesetter New Zealand’s recession may be harbinger for world
New Zealand led the world in raising interest rates to combat the post-pandemic inflation wave. Now it’s officially in recession in a possible preview of what lies ahead for others.
Japan Times
BUSINESS / Economy
Jun 15, 2023
Fed chief dances between pause and hikes in communication two-step
The surprisingly high projections may reflect a return to the Fed’s strategy of cooling a resilient economy while slowing its tightening campaign.
Japan Times
COMMENTARY / World
Jun 14, 2023
How to restructure Chinese supply chains
China must reconfigure its industries and supply chains to meet the challenges posed by rising geopolitical tensions and rapid population aging.
Japan Times
BUSINESS / Economy
Jun 12, 2023
Inflation and hot labor market drive dissent as Fed signals rate pause
Officials worry progress on inflation has stalled and say the Fed may need to do more to cool a surprisingly resilient economy.
Japan Times
COMMENTARY / World
Jun 6, 2023
Saudi Arabia's solo oil production cut is a risky strategy
By implementing a unilateral output reduction, Riyadh is hoping to boost crude prices.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

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

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

SUSTAINABLE JAPAN

mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality
mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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