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November 24, 2024
 

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GLOBAL ECONOMY

China's ambitions to control the legacy chip market have implications for the world economy and Western nations are beginning to take countersteps.
COMMENTARY / World
Oct 18, 2023
China's economic ambitions squeeze the developing world
While Chinese diplomats try to promote “win-win” solutions, Chinese policy is preventing developing-world partners from selling goods to China.
Visitors walk down the main shopping street of Nanjing East Road, one of Shanghai's main commercial and tourist areas, on Sept. 30.
BUSINESS / Economy
Oct 17, 2023
China data likely to show fragile economy in need of support
Data due Wednesday will likely show gross domestic product expanded 4.5% in the July-to-September period from a year earlier.
Vitor Gaspar, director of the IMF's Fiscal Affairs Department
BUSINESS
Oct 13, 2023
IMF official says fiscal reform will only grow more difficult
According to data from the IMF, Japan's national debt-to-GDP ratio topped 260% in 2022.
U.S. Commerce Secretary Gina Raimondo gives a news conference at the Boeing aircraft hangar facility in Shanghai on Aug. 30.
COMMENTARY / World
Oct 12, 2023
Foreign businesses face a hostile China
The Chinese government's "zero-COVID" policy and regulatory favoritism toward local companies have created obstacles for foreign businesses.
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
COMMENTARY / World
Oct 11, 2023
Don’t worry about global population collapse
While environmentalists have long warned of a planet with too many people, now some economists are warning of a future with too few.
A lithium mine near Itinga, Minas Gerais state, Brazil
COMMENTARY / World
Oct 6, 2023
We’re not even close to running out of green minerals
Rising reserves challenge fears of mineral shortages in green transition.
Then-U.S. President Donald Trump, accompanied by Treasury Secretary Steven Mnuchin, announces a slew of retaliatory measures against China, including sanctions, at a news conference at the White House in May 2020.
COMMENTARY / World
Oct 6, 2023
Protectionism started the geopolitical fire
The protectionism in the post-pandemic economic shutdowns will also impact international relations.
Generative AI will change work for young professionals, but their reasoning skills will still be needed.
COMMENTARY
Oct 5, 2023
Is ChatGPT coming for entry-level jobs?
If entry-level workers get that much faster and better, won’t companies be able to get by with fewer of them? Maybe.
The World Trade Organization logo in Geneva
WORLD / Politics
Oct 3, 2023
At WTO, disregard for trade rules shows world is fragmenting
The WTO has warned a "polycrisis" of pandemic, war in Ukraine and inflation is sapping faith in globalization.
The U.S. Capitol in Washington. Congress is struggling to pass a short-term spending bill needed to keep the government open past the new fiscal year beginning Oct. 1.
BUSINESS / Economy
Sep 29, 2023
Missing economic data will test alternatives in U.S. shutdown
Nongovernment measures are seen as less reliable than Bureau of Labor Statistics, Census Bureau and Bureau of Economic Analysis releases.
A sign at the World Artificial Intelligence Conference in Shanghai on July 6. AI and quantum information science have recently become a major issue in international politics.
COMMENTARY / World / Geoeconomic Briefing
Sep 26, 2023
How emerging technologies can bring power to states
While the technologies are expected to largely change how militaries, economies and societies are operated, many of their social impacts remain unclear.
China's COSCO Shipping Ports is the world’s largest shipping company and port terminal operator.
COMMENTARY / World
Sep 26, 2023
China’s port investments and risks to national security
The gray area between domestic and foreign jurisdictions and private and state-owned enterprises should be cause for concern.
Meetings will be held regularly at the vice-minister level, with officials reporting back to Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng, according to the Treasury.
BUSINESS / Economy
Sep 23, 2023
U.S. and China form economy working groups in sign of better ties
Meetings will be held at the vice-minister level, with officials reporting back to U.S. Treasury chief Janet Yellen and Chinese Vice Premier He Lifeng.
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they feel overseas.
ASIA PACIFIC / Politics
Sep 22, 2023
China’s wealthy youth flock home as tensions with U.S. rise
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad.
Singapore has topped Hong Kong for the first time in the Economic Freedom of the World Index.
BUSINESS / Economy
Sep 21, 2023
In first, Singapore tops Hong Kong to become ‘world’s freest economy’
Hong Kong fell to second place in the Economic Freedom of the World Index for the first time since its began in 1970.
Apart from the direct economic costs, governments that conspire to thwart the dollar system risk losing America’s security guarantees as well.
COMMENTARY / World
Sep 20, 2023
The greenback’s full-spectrum dominance is here to stay
Debates about the future of the international monetary system often fail to appreciate the greenback’s full-spectrum dominance.
Traders work on the floor of the New York Stock Exchange.
BUSINESS / Economy
Sep 18, 2023
Wall Street comes to grips with how wrong it’s been in 2023
Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake.
Cuban President Miguel Diaz-Canel (left) laughs as he welcomes Saint Vincent and the Grenadines' Prime Minister Ralph Gonsalves during the G77+China summit at the Convention Palace in Havana on Friday.
WORLD / Politics
Sep 16, 2023
G77+China summit in Cuba calls for new global order
The grouping of developing and emerging countries representing 80% of the world's population kicked off a summit in Cuba on Friday.
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.
China's exports fell by 14.5% year on year in July, a stark contrast from the robust 17.2% export growth recorded in July 2022.
COMMENTARY / World
Sep 11, 2023
Why hasn’t China rushed to bail out its economy?
China's reluctance to unveil a massive stimulus package despite the ongoing economic slowdown has puzzled foreign observers and the Chinese public alike.
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.

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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