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November 21, 2024
 

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TRADE

Port workers from the International Longshoremen's Association (ILA) participate in a strike at the Virginia International Gateway in Portsmouth, Virginia, on Wednesday.
BUSINESS
Oct 4, 2024
U.S. port workers, operators reach deal to end East Coast strike
A tentative agreement for a wage hike of around 62% over six years will immediately end a crippling three-day strike.
Traders borrow in currencies where rates are low and put that money to work in economies where rates are high, pocketing the difference.
BUSINESS / Markets / FOCUS
Oct 2, 2024
Massive carry trade still lurks in the shadows and looms over markets
Trillions might remain, slightly different, less obvious and all but forgotten by a market eager to move on.
Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, on Tuesday.
BUSINESS
Oct 2, 2024
U.S. dockworkers strike to stop automation already seen at other ports
Longshoremen have gone on strike for the first time since 1977 as the union takes a hard-line stance against automation.
The Port Authority of New York and New Jersey in Newark, New Jersey, on Monday. Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf coasts on Oct. 1.
BUSINESS / Markets
Oct 1, 2024
U.S. port labor dispute threatens range of products
A possible strike by 45,000 union workers could affect the availability of anything from bananas to clothing to cars and cost the U.S. economy $5 billion daily.
Then-U.S. President Donald Trump prepares to sign a memorandum on intellectual property tariffs on high-tech Chinese goods at the White House in March 2018.
COMMENTARY
Sep 30, 2024
Trumpism, Stalinism and the tariff debate
Trump loyalists — which these days means almost the entire Republican Party — insist as a group that foreigners, not American consumers, pay taxes on imports.
A tugboat passes shipping containers being unloaded and stacked on a pier at Port Newark, New Jersey, in 2021.
BUSINESS / Economy
Sep 30, 2024
U.S. East Coast port strike set to start on Tuesday, union says
If union members walk off the job, it would be the first coast-wide strike since 1977, affecting ports that handle about half of the U.S.' ocean shipping.
Shipping containers are stacked on a pier at the Red Hook Terminal in Brooklyn, New York. A prolonged strike, alongside an ongoing strike by 30,000 machinists at Boeing, could put a dent in the U.S. job market next month at a critical moment.
BUSINESS / Companies
Sep 27, 2024
Shippers scramble for workarounds ahead of threatened U.S. port strike
A prolonged strike, alongside an ongoing strike by 30,000 machinists at Boeing, could put a dent in the U.S. job market next month at a critical moment.
People shop for food during sunset hours in Taipei. Taiwan has lifted its import ban on Japanese foods.
JAPAN
Sep 26, 2024
Taiwan lifts import ban on Japanese foods
Taiwan eased its import restrictions further, allowing all Japanese food products to be shipped there in principle.
Houthi fighters march in a parade during a ceremony marking the 10th anniversary of the Houthi takeover in Sanaa, Yemen, on Saturday.
WORLD / Politics
Sep 25, 2024
Iran brokering talks to send advanced Russian missiles to Yemen's Houthis, sources say
Seven sources said that Russia has yet to decide to transfer the Yakhont missiles.
EV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, on July 4.
BUSINESS / Tech
Sep 25, 2024
Biden's car-tech ban is a powerful new weapon against Chinese EVs
The ban on Chinese hardware and software, announced by the U.S. Commerce Department, is the Biden administration's latest salvo.
Chevrolet Silverado 1500s and GMC Sierra 1500s make their way through an assembly line at the General Motors assembly plant in Fort Wayne, Indiana, on April 9.
BUSINESS
Sep 24, 2024
Biden administration proposes ban of Chinese and Russian car parts
The proposed ban is aimed at the sale and import of Chinese- and Russian-made hardware and software for connected vehicles.
Regardless of who wins the U.S. presidential election in November, Chinese decision-makers expect bitter disputes over trade, technology and Taiwan.
COMMENTARY / World
Sep 23, 2024
How Beijing is preparing for America's next president
Both Trump or Harris are expected to continue contentious issues surrounding trade, technology and Taiwan, without desiring open conflict.
Caption TK
JAPAN / Society / Regional Voices: Hokkaido
Sep 23, 2024
Hokkaido seeks to grow market for scallops in the U.S. — and beyond
China's refusal to budge from its ban on Japanese seafood forces local officials to look elsewhere.
Many of today’s cars — both gas and electric — are equipped with devices connecting them to the internet or cloud services, making them potential targets for hacking.
BUSINESS
Sep 22, 2024
Biden administration to prepare ban on Chinese car software
The U.S. Commerce Department has been meeting with industry experts as it looks to address security concerns raised by a new generation of so-called smart cars.
A shopper browses through locally caught seafood at a fish market in Soma, Fukushima Prefecture, in August 2023. China has not imported any seafood from Japan since September last year.
JAPAN
Sep 20, 2024
Japan agrees to stricter monitoring of Fukushima plant's treated water
Tokyo's nod to greater involvement of third-party inspectors — a key demand from Beijing — paves the way for a lifting of China's ban on Japanese seafood imports.
Bulk carriers float offshore from Singapore, on Feb. 19.
WORLD
Sep 19, 2024
The shadow fleet transporting sanctioned gas for Russia
In the short term it could provide some wartime profit, but Moscow's ultimate goal is to triple LNG exports by 2030.
A uranium stone. Russia is the world's largest exporter of enriched uranium.
ASIA PACIFIC / Politics
Sep 18, 2024
U.S. probes uranium imports from China amid concerns over Russian ban
The U.S. banned Russian enriched uranium in December 2023 as part of an effort to disrupt Russia's ability to fund its war on Ukraine.
Japan's export growth slowed sharply in August as shipments to the United States dropped for the first time in three years.
BUSINESS / Economy
Sep 18, 2024
Japan’s export growth slows as external demand moderates
Imports climbed 2.3%, falling short of the 15% gain forecast by economists, with trade deficit widening to ¥695.3 billion.
Employees work on an electric car production line near Ningbo, China, in April 2021. In new measures announced Friday, the Biden administration is moving to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.
BUSINESS / Economy
Sep 14, 2024
U.S. locks in steep China tariff hikes, as some industries warn of disruptions
The tariffs include a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals.
The lapse of the historic U.S.-China Science and Technology Agreement, coupled with escalating tariffs and trade restrictions, has exacerbated economic tensions between the two countries and impacted global stability.
COMMENTARY / World
Sep 12, 2024
Resetting U.S.-China economic relations
To address global challenges, active cooperation between the two economic powers is indispensable.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
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.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
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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