Tag - global-economy

 
 

GLOBAL ECONOMY

In the international market, a larger number of airlines went bankrupt compared to domestic fliers due to the pandemic, with low-cost, long-haul carriers getting hit particularly hard.
COMMENTARY / World
Jul 28, 2023
Post-pandemic travel boom is running out of steam
Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom.
A farmer works in an irrigated field near the village of Botor, Somaliland in April 2016. This year’s El Nino is set to be particularly severe as it coincides with record global temperatures.
BUSINESS / Markets
Jul 24, 2023
El Nino threat looks underpriced as emerging-market bonds rally
The weather pattern typically results in hotter, drier conditions and therefore higher food prices in affected nations, giving policymakers more reason to keep pushing up borrowing costs.
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
BUSINESS / Economy
Jul 21, 2023
China's sagging economy looms over quarterly results around the world
Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Japan Times
COMMENTARY / World
Jul 19, 2023
Don’t write off China’s economic recovery
While China's post-pandemic economic recovery has so far lagged well behind expectations, a supportive policy package can go a long way toward changing that.
Japan Times
BUSINESS
Jul 17, 2023
China’s economic recovery loses steam as GDP disappoints
GDP expanded 6.3% in the second quarter from a year prior, data released by the National Bureau of Statistics showed Monday, weaker than the median forecast of 7.1%.
Japan Times
COMMENTARY / World
Jul 16, 2023
China’s stunted transformation
China has run into major road blocks as it has attempted to implement its 'dual circulation' growth strategy.
Japan Times
BUSINESS / ANALYSIS
Jul 14, 2023
Tumbling U.S. dollar a boon to risk assets across the globe
The greenback's tumble has come as U.S. Treasury yields have eased in recent days, dulling the dollar's allure while boosting a wide range of other currencies.
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.

Longform

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