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November 21, 2024
 

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TRADE

Chinese Finance Minister Lan Foan attends a news conference about a bill on raising ceilings on local government debt, at the Great Hall of the People in Beijing, on Friday.
BUSINESS / Economy
Nov 9, 2024
China unveils $1.4 trillion debt swap, saving stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus.
Asian chipmakers, led by Taiwan's TSMC and South Korea's Samsung Electronics, have collectively invested at least $117 billion in the U.S.
BUSINESS / Companies
Nov 7, 2024
What's at stake for Asian companies under a Trump presidency
Trump has floated the idea of a 10% or more tariff on all goods imported into the U.S.
U.S. President Donald Trump and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing on Nov. 9, 2017.
ASIA PACIFIC / Politics
Nov 7, 2024
Xi is better prepared for Trump even as 60% tariffs risk chaos
Xi would much prefer to avoid a tariff battle that risks proving much more devastating than the first round.
The European Commission's executive vice president, Valdis Dombrovskis, and Chinese Vice Premier He Lifeng finish a joint news conference following the 10th China-EU High-Level Economic and Trade Dialogue in Beijing in September 2023.
COMMENTARY / World
Nov 6, 2024
It's not just U.S. trade hawks. Europe fears China, too.
As China’s economic policies take hold, Europe's economic concerns may be just beginning.
A sign shows people where to vote in the 2024 presidential election on Election Day in Dearborn, Michigan, on Tuesday.
ASIA PACIFIC / Politics
Nov 6, 2024
China braces for more rivalry as close U.S. presidential race ends
Regardless of who wins, Beijing faces four more years of bitter superpower rivalry over anything from trade to Taiwan.
Donald Trump and Kamala Harris spar during the presidential debate on Sept. 10. Both are seeking to win over voters in swing states such as those of the Rust Belt, where America's economic security policies are acutely felt.
COMMENTARY / World / Geoeconomic Briefing
Nov 5, 2024
The prospects for economic security under Trump or Harris
Both the Democratic and Republican campaigns need Rust Belt voters on their side, but their strategies to protect American economic interests differ significantly.
While economic sanctions have not caused Russia’s economy to collapse as some had hoped, they have imposed significant costs on Vladimir Putin's government and his war aims.
COMMENTARY / World
Nov 5, 2024
Punishing Putin is more important than ever
In reality, the-Russian-sanctions-aren’t-working-why-bother argument is straight out Putin’s propaganda playbook.
Chinese solar panel manufacturer Trina Solar's facility in Thai Nguyen, Vietnam, on Aug. 30
BUSINESS / Tech
Nov 4, 2024
Chinese solar firms, ever-nimble, go where U.S. tariffs don't reach
Chinese solar firms have repeatedly sidestepped tariffs to dominate the global markets despite U.S. efforts over more than a decade to rein them in.
Republican presidential candidate Donald Trump and Kamala Harris, the Democratic candidate, face off in an election Tuesday that will have wide-ranging implications for Japan.
JAPAN / Politics / FOCUS
Nov 3, 2024
Status quo or disruption? Breaking down the U.S. election's impact on Japan
Regardless of who wins, Washington is likely to have limited bandwidth to change tack in a significant way with its most important Asian ally.
The close for the Tokyo Stock Exchange, Asia’s second-biggest equities market, will be moved back to 3:30 p.m. from Tuesday.
BUSINESS / Markets
Nov 1, 2024
High-frequency traders get an extra 30 minutes for Japan stocks
The extra half-hour is raising concerns among market participants who fear the shift will give rise to machine-driven price moves.
A local resident watches Ukrainian rescuers clear debris on the site of a Russian missile strike in Dnipro, Ukraine, on Saturday.
WORLD / Politics
Oct 31, 2024
U.S. sanctions entities in India, China and Turkey over Russia war supplies
The U.S. and its allies have piled thousands of sanctions on Russia since its invasion of Ukraine, yet Russia’s GDP is projected to grow 3.5% to 4% in 2024.
Republican Presidential Nominee Donald Trump
BUSINESS / Markets
Oct 31, 2024
Trump factor bringing uncertainty to Asian firms' U.S. investment outlook
The former president has criticized the Inflation Reduction Act as a "scam” and the CHIPS and Science Act as a bad deal.
New cars parked at Yantai port, in eastern China's Shandong province, on Oct. 21
BUSINESS / Economy
Oct 31, 2024
China tells carmakers to halt investment in some EU states, sources say
New EU tariffs on Chinese-built electric vehicles have prompted retaliation from Beijing.
Canadian Prime Minister Justin Trudeau shakes hands with Indian Prime Minister Narendra Modi at the G7 summit in Biarritz, France, on Aug. 25, 2019
WORLD / Politics
Oct 31, 2024
Canada-India tensions could escalate cyber threats and hinder immigration
Canada's deepening dispute with India over its alleged campaign of violence against Sikhs in Canada has so far had no immediate impact on trade.
New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium.
BUSINESS / Markets
Oct 30, 2024
EU slaps tariffs on Chinese EVs, risking Beijing backlash
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3%.
A Nvidia chip during the Taipei Computex expo in Taipei on May 29, 2023
BUSINESS / Tech
Oct 28, 2024
How a Mumbai drugmaker is helping Putin get Nvidia AI chips
An inconspicuous pharmaceutical company exported 1,111 units of Dell Technologies' most-advanced servers to Russia in April-August of this year.
Flames leap out of an oven where rare-earth-based chemicals are roasted for more than 20 hours, in Changshu, China.
BUSINESS / Tech
Oct 27, 2024
China tightens its hold on minerals needed to make computer chips
The country already produces nearly all the world’s supply of these materials. The new restrictions solidify that market dominance.
Indian Prime Minister Narendra Modi and German Chancellor Olaf Scholz.
WORLD / Politics
Oct 24, 2024
Germany is courting India as ties with China sour: What to watch
The trip to India comes at a crucial time for Germany as it struggles to revive its economy, which has been buffeted by the war in Ukraine and competition from China.
Preparations ahead of the Bloomberg New Economy event at the B20 in Sao Paulo, Brazil, on Wednesday
WORLD / Politics
Oct 24, 2024
Brazil's business leaders reluctant to pick between U.S. and China ties
Brazil’s agriculture minister has called for the country to join China’s Belt and Road, the superpower’s flagship global trade and infrastructure program.
Taiwanese chipmaker Taiwan Semiconductor Manufacturing Co. has halted shipments to a client after discovering semiconductors delivered to them found their way into Huawei products.
BUSINESS / Tech
Oct 24, 2024
TSMC cuts off client after discovering chips sent to Huawei
It’s unclear whether the TSMC client was acting on Huawei’s behalf, or where it’s based.
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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