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November 24, 2024
 

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GLOBAL ECONOMY

Japan Times
EDITORIALS
May 19, 2023
The G7 is again at the cutting edge of global politics
This year's Group of Seven summit could be the most important in the bloc's history or that of Japan.
Japan Times
BUSINESS
May 18, 2023
China’s record-high youth unemployment rate expected to worsen
The jobless rate for those age 16 to 24 is at nearly four times the national rate, with 11.58 million graduates expected to flood the market this summer.
Japan Times
COMMENTARY / Japan
May 17, 2023
Investing in a rules-based order will dominate the G7
The G7 summit should prioritize preserving the rules-based order, denuclearization, dealing with China’s intentions and fostering unity with the Global South.
Japan Times
BUSINESS / Economy
May 17, 2023
With China in mind, economic security a G7 priority amid coercion worries
The leaders meeting will touch on “economic coercion” and address the need to further strengthen international cooperation to counter such moves.
Japan Times
COMMENTARY / World
May 16, 2023
ESG investing gains followers and triggers a ferocious debate
New business concerns demand new investment strategies such as with ESG guidelines, but traditionalists are pushing back.
Japan Times
COMMENTARY / World
May 15, 2023
Winners and losers in the artificial intelligence arms race
Technological change always creates winners and losers, but artificial intelligence such as ChatGPT has the potential to create more of the former than the latter.
Japan Times
BUSINESS
May 13, 2023
G7 finance chiefs set stage for Hiroshima summit with Ukraine and supply chains
Group of Seven finance chiefs and central bankers wrapped up three days of meetings on Saturday that focused largely on global economic and financial stability.
Japan Times
BUSINESS
May 13, 2023
G7 leaders' summit statement to target China's 'economic coercion'
G7 leaders are set to discuss concern about China's use of 'economic coercion' in its dealings abroad as part of their larger joint statement, a U.S. official said.
Japan Times
BUSINESS
May 12, 2023
Transfer of Russian assets in focus at G7 finance ministers meeting
Legal complexities and domestic restrictions are making it difficult to transfer seized assets to Ukraine to aid its reconstruction.
Japan Times
BUSINESS
May 11, 2023
As G7 finance summit kicks off, warnings of ‘catastrophe’ in the U.S.
Talks were to be about the global economy, but the spotlight was on negotiations over the U.S. debt ceiling in Washington.
Japan Times
WORLD
May 11, 2023
U.S. Congress and White House begin tough debt limit and budget negotiations
Time is tight to avoid a historic, economically destabilizing default on government debt, which the Treasury Department has warned could come as soon as June 1.
Japan Times
BUSINESS
May 10, 2023
Banking crisis concerns loom over G7 finance ministers meeting
As well as tackling the issue of crypto regulation, the ministers and central bank governors will be looking to strengthen the global financial system.
Japan Times
COMMENTARY / Japan
May 9, 2023
Kishida's Seoul visit was a positive step — at least in the short term
Fumio Kishida and Yoon Suk-yeol's meeting in Seoul required courage, political initiative and the support from all sides.
Japan Times
COMMENTARY / Japan
May 9, 2023
Kishida and Yoon try to reset Tokyo-Seoul relations
Fumio Kishida and Yoon Suk-yeol tried to remain sensitive to the populist views in their home countries while finding creative ways to not forget the past during their talks.
Japan Times
BUSINESS
May 9, 2023
Yellen is calling CEOs personally to warn on U.S. debt ceiling, sources say
Yellen told lawmakers last week that Treasury will likely be unable to pay all the government's bills as early as June 1 without an increase in the federal debt limit.
Japan Times
BUSINESS / Economy
May 9, 2023
Japan says G7 will discuss strengthening global banking system
The recent collapse of First Republic Bank has exacerbated investor worries about the U.S. banking sector, and raised calls for better global oversight.
Japan Times
ASIA PACIFIC / ANALYSIS
May 9, 2023
China's return to global stage checked by national security focus
Beijing's emphasis on security threatens to turn its re-engagement with the world after years of COVID curbs into a new era of isolation from the West, analysts say.
Japan Times
COMMENTARY / World
May 8, 2023
Are we sleepwalking into a prolonged global recession?
The current wave of interest-rate hikes has slowed inflation but also popped several asset bubbles, potentially triggering additional debt and financial crises.
Japan Times
BUSINESS / Economy
May 8, 2023
Powell’s bet against recession looks good — minus the credit crunch and a standoff
Federal Reserve Chair Jerome Powell reckons the U.S. economy can skirt recession. But the odds are stacked against him — thanks to banking, politics, and even the weather.
Japan Times
BUSINESS / Economy / FOCUS
May 7, 2023
What happens if the U.S. fails to raise its debt ceiling?
Time is running short as U.S. policymakers remain at an impasse on lifting the debt ceiling.
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.
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.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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.

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