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November 22, 2024
 

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TRADE

Exporters will be helped both by the stronger dollar, and also by their exposure to the U.S. economic resilience.
BUSINESS / Markets
Apr 25, 2024
Dollar wrecking ball forces investors to seek cover in exporters
Those with significant dollar earnings are set for a windfall, with major beneficiaries including heavyweight Asian chipmakers.
South Korean President Yoon Suk-yeol
BUSINESS / Economy
Apr 25, 2024
South Korea’s economic growth beats forecast as exports rise
South Korea's gross domestic product advanced 1.3% in the three months through March, easily outpacing economists’ consensus for a 0.6% expansion.
Chinese President Xi Jinping’s government has so far shown restraint in responding to a drumbeat of U.S. trade curbs, but driving TikTok out of the U.S. could challenge that calibration.
WORLD / Politics
Apr 25, 2024
TikTok ultimatum puts U.S. firms in firing line for China response
Legislation approved on Wednesday would give parent company ByteDance nearly a year to divest the video-sharing platform before facing an outright ban.
Buyers inside an exhibition hall at the Canton Fair in Guangzhou on April 17.
BUSINESS / Companies
Apr 24, 2024
China’s prices are just too low for buyers to sweat about tariffs
Many buyers at China’s biggest trade event in the southern city of Guangzhou shrugged off the risk of an escalating trade war with the U.S.
U.S. Secretary of Commerce Gina Raimondo speaks at an event held by the National Committee on U.S.-China Relations and the U.S.-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November.
BUSINESS / Tech
Apr 22, 2024
Raimondo says Huawei’s chip breakthrough is years behind U.S. tech
Raimondo said the technology gap shows the Biden administration’s success in imposing export controls on China.
Australian Prime Minister Anthony Albanese, U.S. President Joe Biden and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego, in March last year.
ASIA PACIFIC / Politics
Apr 20, 2024
U.S. 'fully expects' to finalize new AUKUS trade exemptions in next 120 days
The announcement signals a further delay in the move, but offers the prospect of a positive outcome in the project to counter China.
Russian President Vladimir Putin and Iranian President Ebrahim Raisi during the signing of the Rasht-Astara railway agreement in May 2023.
WORLD / Politics
Apr 18, 2024
New 'sanctions-proof' transport routes put Russia at heart of global trade
Shipping and rail networks via Iran and an Arctic sea passage could strengthen Moscow’s pivot toward China and India and away from Europe.
U.S. President Joe Biden speaks at a campaign event at the Scranton Cultural Center in Scranton, Pennsylvania, on Tuesday.
BUSINESS
Apr 17, 2024
Biden seeks higher tariffs on Chinese steel and aluminum
The president was set to reiterate that United States Steel should remain American-owned.
Japan's exports grew 7.3% year-on-year in March, up for the fourth straight month, showing that the economy continues to benefit from the effects of the sliding yen.
BUSINESS / Economy
Apr 17, 2024
Japan’s exports get boost from China aided by yen tailwind
Exports gained 7.3% in March from a year earlier, with growth slightly decelerating from February’s 7.8% gain.
Workers clean argeli bark in the Ilam district of eastern Nepal. Thousands of miles away, in Japan, the bark will be used to make yen notes.
ASIA PACIFIC / Society
Apr 16, 2024
On Himalayan hillsides grows Japan’s cold, hard cash
One of the poorest pockets of Asia supplies a primary ingredient for the economy in one of the richest.
Max Lange, 19, a plant mechatronics engineering trainee from Oederan, stands next to a solar panel rolling off the assembly line as part of the last production of solar modules at the Meyer Burger Technology AG plant, due to an announced closure of the plant, in Freiberg, Germany, on March 12.
BUSINESS / Economy
Apr 16, 2024
Lacking support in battle with China, European solar firms head to U.S.
This week the European Commission has launched a voluntary charter for governments and companies to sign in support of solar manufacturing plants.
European Commission President Ursula von der Leyen at the European Parliament in Brussels, on April 10. Von der Leyen is unleashing a barrage of trade restrictions against China, aiming to tackle unfair trade practices that are said to be contributing to social and political challenges for the bloc.
WORLD / Politics
Apr 16, 2024
EU pushing back on China's 'assertive' trade practices with probes and policy
Investigations and moves to strengthen regulations aim to tackle trade imbalances that could cause social and political challenges for the bloc.
German Chancellor Olaf Scholz (left) with Chinese leader Xi Jinping in Beijing in November 2022. Scholz is travelling to China again this week with the goal of shoring up economic ties with Germany's biggest trading partner.
COMMENTARY / World
Apr 15, 2024
An EV trade war with China would be an own goal for carmakers
As German Chancellor Scholz visits China this week, he should push for stronger ties between Chinese and European automakers, especially in the EV market.
German Chancellor Olaf Scholz reviews soldiers of the German armed forces in Berlin on Thursday.
WORLD / FOCUS
Apr 12, 2024
Between the U.S. and a hard place, Germany's Scholz reheats China ties
With Germany's economy slumping, the nation hopes to gain fairer access to China's markets despite promises to "de-risk" from them.
Coverage of Xi Jinping's meeting with former Taiwan President Ma Ying-jeou in Beijing on Monday
ASIA PACIFIC / Politics
Apr 11, 2024
China-Taiwan trade data shows realignment as Xi meets ex-Taiwan leader Ma
The island’s shipments to the U.S. rose 65.7% year-on-year in March, while exports to mainland China grew just 6%.
The U.S. Department of Commerce building in January 2022
WORLD / Politics
Apr 11, 2024
Firms aiding Chinese military to get AI chips now face blacklist
The companies are "involved with providing AI chips to China's military modernization programs"
Resistance to adopting digital technologies, restrictive EU regulations, and energy-price shocks are potential explanations for Europe's lagging productivity.
COMMENTARY / World
Apr 10, 2024
Why is Europe losing the productivity race?
A forthcoming report from Mario Draghi will recommend removing barriers to competition, which would intensify the pressure on firms to innovate.
U.S. Treasury Secretary Janet Yellen visits the Guozijian Hutong Alley in Beijing on Monday.
WORLD / Politics
Apr 9, 2024
Yellen threatens sanctions for China banks that aid Russia war
America’s ultimate weapon against financial institutions is its ability to cut off access to U.S. dollars, a threat for any bank operating internationally.
U.S. Treasury Secretary Janet Yellen arrives to attend a meeting with university students at Beijing University National School on <i>Sunday</i>.
WORLD / Politics
Apr 8, 2024
Yellen advances U.S.-China ties despite tough criticism on exports
Yellen’s tough message hasn’t hurt progress made between the two sides.
U.S. Treasury Secretary Janet Yellen meets Chinese Premier Li Qiang at the Great Hall of the People in Beijing on Sunday.
BUSINESS / Economy
Apr 7, 2024
Yellen and Li express hope for U.S.-China cooperation
The U.S.-China relationship can only move forward with direct and open communication, Treasury chief Janet Yellen told Premier Li Qiang.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
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.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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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SWCC keeps changing with keyword ‘new challenges’

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