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November 24, 2024
 

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GLOBAL ECONOMY

Japan Times
BUSINESS / Economy
Mar 13, 2023
Silicon Valley Bank collapse puts Fed's faith in a strong, low-risk financial system to the test
The failure of the 16th largest U.S. lender threatens to morph into a systemic shock, undermining confidence in bank deposits and touching off more destabilizing runs.
Japan Times
BUSINESS
Mar 13, 2023
After Silicon Valley Bank failure, U.S. acts to shore up confidence in banking system
The move will not lead to losses by American taxpayers and all depositors, including those whose funds exceed the maximum government-insured level, will be made whole.
Japan Times
BUSINESS / Economy
Mar 11, 2023
Silicon Valley Bank is largest failure since financial crisis, leaving billions stranded
Some 89% of the bank's $175 billion in deposits were uninsured as the end of 2022, according to the FDIC, and their fate remains to be determined.
Japan Times
ASIA PACIFIC
Mar 9, 2023
U.S. worries China will use supply chains as weapon
The pandemic demonstrated how the disruption of a single factory in China or elsewhere could halt the work of major industrial operations around the globe.
Japan Times
WORLD / Politics
Mar 7, 2023
China warns U.S. risks catastrophe with moves to ‘contain’ Beijing
Foreign Minister Qin Gang calls Washington’s approach toward Beijing a reckless gamble that threatens the future of humanity.
Japan Times
COMMENTARY / World
Mar 6, 2023
Trying to replace China’s supply chains? Don’t bother
Vietnamese factories were supposed to save globalization. It doesn’t look like that’s happening.
Japan Times
ASIA PACIFIC / Politics
Mar 5, 2023
China sets lowest growth target in years as parliament kicks off
China posted just 3% growth last year, missing its stated target of around 5.5% by a wide margin as the economy strained under the impact of strict COVID policies.
Japan Times
BUSINESS
Mar 3, 2023
Kishida urges extra inflation-relief steps as Japan's households struggle
The news comes as households grapple with intensifying cost-of-living pressures amid elevated inflation for items such as energy and food, hitting consumption and smaller businesses.
Japan Times
COMMENTARY / World / Geoeconomic Briefing
Mar 2, 2023
How Xi Jinping is fortifying China's economic security
Authorities in Beijing are working to build a strategy of obtaining economic predominance by using China's strengths, such as its price competitiveness.
Japan Times
BUSINESS
Mar 1, 2023
China’s economy shows strong recovery as 'zero-COVID' era ends
Top leaders in China have pledged to prioritize growth this year, and the country's rebound is also giving a boost to manufacturing in other parts in Asia.
Japan Times
COMMENTARY / World
Feb 28, 2023
Could a ‘greener’ World Bank be in the works?
The World Bank, the globe’s leading lender, should lead the fight against climate change.
Japan Times
BUSINESS / Economy
Feb 27, 2023
Supply chains have healed, yet their mark on inflation will endure
Short-term prices for containers from Europe to the U.S. East Coast are still more than double what they were in late 2019, according to data from Freightos.
Japan Times
BUSINESS / Economy
Feb 24, 2023
The world’s most painful trade is finally ending as dollar peaks
Investors say the dollar is on the way down because the bulk of Fed rate increases is over, and most other currencies will strengthen as their central banks keep tightening.
Japan Times
BUSINESS
Feb 24, 2023
Activists blast Biden’s pick of a Wall Street insider for World Bank president
However, some supporters have said that Ajay Banga, who was raised in India, brings a different perspective to an institution whose leaders typically have been deeply embedded in the U.S.
Japan Times
COMMENTARY / World
Feb 21, 2023
China decoupling debate misses the most important point
The decoupling of China and Western economies will be very expensive, but there are other needs to be considered.
Japan Times
COMMENTARY / World
Feb 20, 2023
Good financial advice hasn't changed in 300 years
With so much published on making money, and it all seemingly straightforward, why aren’t we all rich?
Japan Times
JAPAN
Feb 12, 2023
Japan's influence in Asia waning, Australia think tank says
A strengthening of Japan's defense capabilities will not be enough to compensate for the country's waning overall influence in Asia, an Australian think tank said.
Japan Times
BUSINESS
Feb 10, 2023
Shock of war hits a world economy at a crossroads
A year of war in Ukraine has already made a dent in world prosperity. But its deeper impact will be felt in how the conflict plays into shifts that were already reshaping the global economy.
Japan Times
COMMENTARY / World
Feb 9, 2023
Everyone loses in a fractured world
The dominance of national-security hawks distorts economic policy and impedes the delivery of global public goods — and could lead to an all-out global conflict.
Japan Times
COMMENTARY / World
Feb 5, 2023
AI is improving faster than most humans realize
Technologies such as ChatGPT will profoundly change the economy and other aspects of life, but they are getting better so quickly that it’s impossible to say how.
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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