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November 21, 2024
 

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TRADE

Trump has threatened blanket 60% tariffs on China, forcing some companies to consider shifting their supply chains to Southeast Asia.
BUSINESS
Oct 23, 2024
China's exporters run for cover as U.S. election nears
A Trump trade war 2.0 would be a moment of reckoning for many Chinese exporters, whose profits are dwindling under heavy deflationary pressure.
Former European Central Bank chief Mario Draghi presents his report on the future of European competitiveness to the European Parliament in Strasbourg, France, on Sept. 17.
COMMENTARY / World
Oct 23, 2024
Europe’s wake-up call on innovation and competitiveness
Europe stands at a critical juncture, needing to choose between maintaining the status quo or moving toward deeper integration.
The concept of "Buy American" has gained political traction among both leading U.S. parties, appealing to nationalist sentiments and the idea of supporting domestic jobs. But such a policy comes with real costs, monetary and otherwise.
COMMENTARY / World
Oct 23, 2024
‘Buy American’ policies don’t help Americans
Overall, the study's researchers estimate that "Buy American" provisions cost about $125,000 per job created, a relatively expensive investment.
Imports of Japanese koi were suspended in November 2023, when Chinese authorities stopped renewing import permits to fish farms once they expired from the end of October 2023.
JAPAN
Oct 22, 2024
China resumes imports of Japanese koi fish
Imports were suspended in November 2023, when Chinese authorities stopped renewing import permits to fish farms once they expired.
Built by Russian energy giant Gazprom, the pipeline from Comprehensive Gas Treatment Unit No.3 runs about 3,000 kilometers from the Chayandinskoye and Kovyktinskoye gas fields in the coldest part of Siberia to Blagoveshchensk, near the Chinese border.
BUSINESS / Markets
Oct 22, 2024
China overtaking Europe as top market for Russia’s pipeline gas
Russia’s Gazprom exported 23.7 billion cubic meters of natural gas to China in January-September, compared with 22.5 billion cubic meters to European customers.
Gantry cranes at the Yantian International Container Terminals in Shenzhen, China, on April 15
BUSINESS / Economy
Oct 21, 2024
World economy fault lines shift from prices to politics and debt
The U.S. presidential election, soaring government debt and the escalating conflict in the Middle East all hang over the global economic outlook.
Republican presidential nominee and former U.S. President Donald Trump attends a roundtable in Auburn Hills, Michigan, on Friday.
ASIA PACIFIC / Politics
Oct 19, 2024
Trump says he would impose tariffs on China if it were to 'go into Taiwan'
Asked if he would use military force against a blockade on Taiwan by China, Trump said it would not come to that because Xi Jinping respected him.
The Tokyo Electron logo is displayed at the Semicon Japan exhibition in Tokyo last December.
BUSINESS / Tech
Oct 19, 2024
Japan pressed by U.S. lawmakers to strengthen chip curbs on China
China remains a crucial and lucrative market for all chip toolmakers, and officials in Tokyo and the Hague are cautious about imposing more restrictions.
At least 10 firms have temporarily suspended some business activities with Nomura because of its market manipulation scandal.
BUSINESS / Companies
Oct 18, 2024
Big clients halt trades with Nomura over market manipulation scandal
At least 10 firms have temporarily suspended some business activities with Japan's biggest brokerage because of the breach.
China has shifted the economic narrative. The country's rapid growth and production under a repressive regime challenges the idea that good institutions are necessary for wealth.
COMMENTARY / World
Oct 18, 2024
Beijing’s success is a conundrum for Nobel winners
China has shifted the economic narrative. The country's rapid growth under a repressive regime challenges the idea that good institutions are necessary for wealth.
Components of a Huawei Technologies smartphone. Lawmakers in the U.S. are pushing to block Huawei suppliers from buying American chipmaking gear.
BUSINESS / Tech
Oct 17, 2024
Key lawmakers push to cut off Huawei suppliers from U.S. chip gear
The U.S. and its allies have broadly blocked sales of the most advanced chips and manufacturing gear to China.
Exports declined 1.7% from a year ago, led by cars, mineral fuels and construction machinery and slipping to negative growth for the first time since November last year.
BUSINESS / Economy
Oct 17, 2024
Japan’s exports fall most since 2021 amid global slowdown
Exports declined 1.7% from a year ago, led by cars, mineral fuels and construction machinery.
CEATEC brings together 808 companies and organizations from Japan and abroad.
BUSINESS / Tech
Oct 15, 2024
CEATEC begins near Tokyo as humanity enters 'a new era' with AI
The trade fair showcases products and services that employ artificial intelligence and other advanced technologies.
Renault R4 E-Tech electric cars are displayed during the media day at the 2024 Paris Motor Show on Monday.
BUSINESS
Oct 15, 2024
China-Europe rivalry heats up at Paris car show as EV tariffs loom
Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
Then-U.S. President Donald Trump welcomes his visiting French counterpart, Emmanuel Macron, in Washington in April 2018. European leaders, such as Macron, recognize the need to adapt to a new reality where globalization may no longer drive growth, especially if Trump wins the U.S. election.
COMMENTARY / World
Oct 7, 2024
Trump-proofing Europe looks impossible
Global supply chain strengths turn into weaknesses in a fragmented world, with unreliable access to cheap energy, Chinese consumers and U.S. security.
Containers are stacked at the Portsmouth Marine Terminal (PMT) in Portsmouth, Virginia, on Wednesday.
BUSINESS / Companies / ANALYSIS
Oct 5, 2024
U.S. port strike throws spotlight on big union foe: automation
Companies view automation as a path to better profit while unions see it as a job-killer.
Electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, China.
BUSINESS / Economy
Oct 5, 2024
EU tests its mettle to take on China with new EV tariff fight
The EU voted on Friday to boost tariffs as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers.
Lassana Diarra in Paris in May last year. Diarra was at the center of a high-profile case that could shake up the transfer market in European soccer.
SOCCER
Oct 4, 2024
Top EU court rules against FIFA in key transfer market ruling
In a landmark decision, the EU's top court has ruled some international soccer rules regulating player transfers are contrary to the bloc's laws.
A Geely assembly line in Chengdu, China, in April 2023
BUSINESS
Oct 4, 2024
EU presses ahead with Chinese EV tariffs after split vote
The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc.
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.
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

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