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August 15, 2024
 

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GLOBAL ECONOMY

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.
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.
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.
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.
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.
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.
Chinese President Xi Jinping attends the China-Africa leaders’ roundtable on the closing day of the BRICS summit in Johannesburg on Aug. 24
COMMENTARY / World
Sep 7, 2023
China and doubling of BRICS size challenges the U.S.-led global order
Although China is the world’s second largest economy, it still claims to be a developing country and depicts itself as the champion of the Global South.
Kohei Saito, a philosophy professor at the University of Tokyo who appears regularly in Japanese media to discuss his ideas, at home in Tokyo on March 16.
JAPAN / Society
Sep 7, 2023
Can shrinking be good for Japan? A Marxist bestseller makes the case.
Saito has tapped into what he describes as a growing disillusionment in Japan with capitalism’s ability to solve the problems people see around them.
A construction site of residential buildings by Chinese developer Country Garden in Beijing. Some economists now see growth in China’s economy slowing to 3.5% in 2030 and to near 1% by 2050.
BUSINESS / Economy
Sep 5, 2023
China slowdown means it may never overtake U.S. economy: forecast
Some economists now see growth in China’s economy — the world’s second largest — slowing to 3.5% in 2030 and to near 1% by 2050.
Workers unload sacks of onions from a truck at a wholesale market in Ghaziabad, Uttar Pradesh, India, on April 5.
BUSINESS / Economy
Sep 4, 2023
How these grocery staples became emblems of inflation in Asia
From war to disease to the effects of climate change, global food prices have been shaken by various factors in recent years.
Buildings in Guangzhou, China. Aside from short-term solutions, economists see three options for China to restructure its economy.
BUSINESS / Economy / ANALYSIS
Sep 4, 2023
Part of China's economic miracle was a mirage. Reality check is next.
While many analysts see a slow drift towards Japan-style stagnation as the most likely outcome, there is also the prospect of a more severe crunch.
An air raid shelter converted into luxury apartments at Ungererstrasse 158 in Munich, Germany
BUSINESS / Economy / ANALYSIS
Sep 4, 2023
Market flop: How Germany's property boom ended
The country's property sector in Europe's largest economy is suffering its worst slump in decades.
The Port of Los Angeles. AI tools are helping many organizations simplify trade-data analysis in ways that may help smooth cross-border commerce.
BUSINESS / Tech
Sep 3, 2023
AI fused with trade data may smooth clunky supply chains
Technology may soon sort through hundreds of millions of shipment records and error-prone datasets in a fraction of the time it takes today.
Chinese leader Xi Jinping is seen on a screen during a video address for the Global Trade in Services Summit, at the media center for the China International Fair for Trade in Services in Beijing on Saturday.
BUSINESS / Economy
Sep 2, 2023
The U.S., allies see opportunity and risk in slowing China economy
The U.S. and other G7 nations increasingly see evidence of deep-seated structural problems that ultimately will strengthen the West’s hand.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

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

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

SUSTAINABLE JAPAN

mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality
mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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