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April 03, 2025
 

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GLOBAL ECONOMY

Anti-World Bank protestors gather outside where the International Monetary and Financial Committee’s plenary session was being held in Washington in mid-April. 
COMMENTARY / World
Aug 28, 2023
The global order’s triple policy challenge and the tasks ahead
With public and private debt at record levels, political leaders face the monumental task of allocating resources to address critical global challenges.
A man rests at a fresh food market in Shanghai, China, in early August. The world's second largest economy was meant to drive a third of global growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
BUSINESS / Economy
Aug 28, 2023
China’s economic slowdown is rippling across the globe
Policymakers are bracing for a hit to their economies as China’s imports of everything from construction materials to electronics slide.
U.S. Federal Reserve Chairman Jerome Powell attends the Jackson Hole economic symposium in Moran, Wyoming, on Friday.
BUSINESS / ANALYSIS
Aug 26, 2023
Fed chief's 'higher for longer' mantra fans investor caution
Federal Reserve Chair Jerome Powell has left open the possibility of further rate increases and stressed the U.S. economy’s surprising strength.
Investors stand in front of an electronic board showing stock information on the first trading day after the weeklong Lunar New Year holiday at a brokerage house in Shanghai.
BUSINESS / Economy / FOCUS
Aug 26, 2023
China’s market rescue is failing as Xi holds back on stimulus
China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks without stronger stimulus packages.
EDITORIALS
Aug 26, 2023
Bigger isn’t necessarily better for the future of BRICS
Shared grievances may bind them, but they are not enough to fuel concerted action to challenge the dominace of the West.
Artificial intelligence is likely to help Big Tech companies cement their industry dominance as they are the ones with the resources to develop and maintain the most powerful AI models.
COMMENTARY / World
Aug 23, 2023
Unlocking AI’s potential for everyone
The tech industry’s dominant players are now deploying artificial-intelligence models to reinforce their positions in the market.
U.S. Commerce Secretary Gina Raimondo testifies during a Senate Appropriations Committee hearing on China in Washington last May.
BUSINESS / Economy
Aug 23, 2023
U.S. commerce chief to be latest Cabinet official to visit China
U.S. Commerce Secretary Gina Raimondo will visit China next week at the invitation of her Chinese counterpart.
Leaders from the BRICS group of major emerging economies are set to meet this week in South Africa, but internal divisions are likely to slow any plans to expand the bloc, experts say.
WORLD / Politics / ANALYSIS
Aug 22, 2023
Divergent interests likely to slow BRICS expansion
Plans to expand the bloc and boost payments in local currencies will top the agenda at the group's summit this week.
People look at job listings. A U.N. study has found that artificial intelligence is likely to change the intensity of work and the degree of worker autonomy than destroy jobs.
BUSINESS / Tech
Aug 22, 2023
AI more likely to change work than destroy jobs: U.N. study
The study found that 5.5% of employment in high-income countries was potentially exposed to impacts from generative AI, more than in low-income countries.
Washington is worried that Beijing’s struggles with high unemployment and an aging workforce make China “a ticking time bomb.”
COMMENTARY / World
Aug 21, 2023
America’s ‘new’ China narrative: A wounded dragon
The new China narrative is really about the West, its lead in technologies, the free market, wielding power and keeping all challengers at bay.
While the U.S. today accounts for only 25% of global economic output, the dollar remains involved in nearly 90% of all foreign-exchange transactions.
COMMENTARY / World
Aug 18, 2023
The real cost of de-dollarization
While there are currently no viable alternatives that could usurp the greenback, the biggest threat to its hegemony comes from the US government itself.
Pedestrians pass stores in Guangzhou. Economists say China needs measures to boost consumption and business confidence, but add that unlike previous slowdowns, there is no quick fix.
ASIA PACIFIC / Politics / ANALYSIS
Aug 18, 2023
Why is China not rushing to fix its ailing economy?
Even in a country known for opaque decision-making, analysts are pointing to signs that Beijing seems hesitant to deliver the bold policies needed.
The Inflation Reduction Act’s tax breaks for clean energy will help mitigate climate change but they will not meet the 2050 net-zero carbon goal.
COMMENTARY / World
Aug 17, 2023
Biden’s climate bill was too tame
U.S. President Biden and the Democratic Party's Inflation Reduction Act was too tame on fixing the climate.
U.S. Treasury Secretary Janet Yellen speaks at an event in Las Vegas on Monday.
WORLD / Politics
Aug 16, 2023
Yellen's Las Vegas stop shows Bidenomics can be a tough sell
Even as Americans feel the benefits, it's not clear this approach will deliver Biden the votes he needs in 2024.
By 2060, it is estimated that the combined gross domestic products of China, India and Indonesia will equal $116.7 trillion, making the bloc's economy three times larger than the United States.
COMMENTARY / World
Aug 15, 2023
The irresistible rise of the rest of the world
With 90% of the world's population, non-Western countries will no longer accept being excluded from global decision-making.
A trader on the floor at the New York Stock Exchange on July 26
BUSINESS / Markets
Aug 15, 2023
U.S. loss of AAA badge shows shift in views on government debt
Fitch Ratings flagged not only U.S. governance but also higher rates driving up debt service costs, an aging population and rising health care spending.
As long as coal plants are still operating, it is a good idea to make them capture their carbon dioxide emissions. But the sooner that coal is replaced by renewables, the better it will be for the planet.
COMMENTARY / World
Aug 11, 2023
Carbon capture and the changing economics of power generation
Carbon capture policies could unwittingly extend the life of dirtier energy sources.
People buy food at stalls promoting China's digital yuan, or e-CNY, during the 2022 China International Fair for Trade in Services in Beijing in September 2022.
BUSINESS / Markets
Aug 10, 2023
With blockchain 'bridge', China challenges U.S. dollar dominance
A Beijing-backed digital prototype for sending money around the world without relying on U.S. banks is advancing quickly.
A shopper at a Beijing grocery store in 2022. China's consumer and producer prices have both declined from 12 months ago, indicating that the world’s second-largest economy may be weakening.
BUSINESS / Economy
Aug 9, 2023
China shows signs of deflation as consumer and factory prices fall
A prolonged property market slump, plunging demand for exports and subdued consumer spending are weighing on China's economic recovery.
Now in their fourth year, Hong Kong's security crackdowns have led to the exodus of hundreds of thousands of people, resulting in grave manpower shortages and a stain on the city's image as place to do business.
COMMENTARY / World
Aug 9, 2023
Hong Kong needs to protect its image as a financial center
In Lee’s view, while reviving Hong Kong’s role as a global financial center, it is vital to continue the crackdown on perceived threats.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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BOARDING & INTERNATIONAL SCHOOL DAY 2025 (Sunday, April 20)
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