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July 16, 2024
 

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TRADE

Taiwan Semiconductor Manufacturing Co. (TSMC) is the world's leading chip contract manufacturer.
BUSINESS / Tech
Jun 5, 2024
Chinese AI chip firms downgrading designs to secure TSMC production
They submitted the less-powerful designs to TSMC — the world's leading chip contract manufacturer — to comply with U.S. restrictions, sources say.
Today's leaders need to balance national security measures with global cooperation to prevent the unraveling of the world's economy.
COMMENTARY / World
Jun 4, 2024
The global economy is more fragile than it seems
Today's leaders need to balance national security measures with global cooperation to prevent the unraveling of the world's economy.
A person walks past the logo of the 2024 Korea-Africa Summit in Goyang, South Korea, on Tuesday. Seoul will aim to secure critical mineral imports and boost trade ties with Africa as President Yoon Suk-yeol hosts dozens of heads of state from the continent at a major summit.
ASIA PACIFIC / Politics
Jun 4, 2024
South Korea's Yoon Suk-yeol pledges closer ties with Africa on minerals and trade
Hosting an inaugural summit, Yoon said South Korea will increase development aid for Africa as it looks to tap the continent's mineral resources and export market potential.
While European countries such as Germany have strengthened bilateral ties with Beijing, the EU as a whole is set on reducing reliance on the Chinese economy: a strategy that European Commission President Ursula von der Leyen calls "de-risking."
COMMENTARY / World / Geoeconomic Briefing
May 31, 2024
Europe’s vulnerability in the EU-China-U.S. geoeconomic triangle
Behind a semblance of unity, the EU and U.S. could be on clashing trajectories in their pursuit of economic security to reduce dependence on China.
Greek-flagged bulk cargo vessel Sea Champion is docked to the port of Aden, Yemen to which it arrived after being attacked in the Red Sea in what appears to have been a mistaken missile strike by Houthi militia, in February.
ENVIRONMENT / Climate change
Jun 1, 2024
How Red Sea disruptions are driving up carbon emissions
A surge of attacks on ships traveling the waters of the Red Sea is forcing shippers to reroute their vessels, driving up emissions.
Chinese electric vehicles bound for shipment at the Port of Taicang in China
BUSINESS / Tech
May 30, 2024
EU seeks roadblocks for Chinese EVs without sparking trade war
Crucially, the bloc must strike a balance with its aim for more Europeans to drive EVs as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Trade no longer generates a surplus in Japan, reflecting a surge in the cost of energy imports and an increase in offshore production.
BUSINESS / Economy
May 30, 2024
Yen's relentless slide revives Japan's interest in structural reforms
The currency's persistent weakness has alerted policymakers to more fundamental drivers behind it, such as the nation's dwindling global competitiveness.
Deputy U.S. Treasury secretary Wally Adeyemo
WORLD / Politics
May 30, 2024
China must stop aiding Russia in war, deputy U.S treasury chief says
The U.S. is "open to sanctioning” anyone helping Russia gain access to components that can be used for weapons, U.S. Deputy Treasury Secretary Wally Adeyemo said.
Prime Minister Fumio Kishida meets senior Chinese Communist Party official Liu Jianchao at the Prime Minister's Office in Tokyo on Wednesday.
JAPAN / Politics
May 29, 2024
Kishida asks senior Chinese official to lift marine import ban
Prime Minister Fumio Kishida on Wednesday met with senior Chinese Communist Party official Liu Jianchao, who is thought close to leader Xi Jinping.
Wanxiang America’s Neapco manufacturing plant in Belleville, Michigan
BUSINESS / Companies
May 29, 2024
Once embraced, Chinese companies now shunned in U.S. on security fears
It doesn’t matter if it’s mining or health care, even Chinese furniture could one day be seen as a national security issue, a lawyer who represents Chinese clients said.
In September 2022, U.S. President Joe Biden signed an executive order outlining what technology areas would be considered critical in the government's process for reviewing inbound investments that could pose a threat to national security.
COMMENTARY / Japan / Geoeconomic Briefing
May 27, 2024
How will Japan respond to new U.S. investment rules?
Washington is reforming inbound and outbound investment rules in the context of economic security concerns. Japan needs to prepare for these changes.
Bruno Le Maire, France's finance minister, speaks at an event in Nesle, France, in April 2023.
BUSINESS / Economy
May 27, 2024
China’s industry threatens entire global economy, France warns
Leading industrialized nations are coalescing for a tougher and more united challenge to overcapacities in China.
A SAIC Motor MG EXE181 concept EV during the Beijing Auto Show earlier this year.
BUSINESS / Tech
May 27, 2024
Xi’s China EV dream came true, but 10 years on, walls are going up.
China also overtook Japan as the largest auto exporter, but such achievements are also adding to tensions with the West.
U.S. Secretary of the Treasury Janet Yellen holds a news conference ahead of a meeting of Group of Seven finance ministers and central bank governors in Stresa, Italy, on Thursday.
BUSINESS / Economy
May 26, 2024
China slammed in G7 show of unity threatening trade escalation
The Group of Seven ministers and bankers accused the world’s second-biggest economy of hurting the economies of its trade partners.
Bank of Italy Gov. Fabio Panetta (left), French Finance Minister Bruno Le Maire (center) and Italian Finance Minister Giancarlo Giorgetti pose for a picture at the Group of Seven finance chiefs and central bank governors' meeting in Stresa, Italy, on Friday.
BUSINESS / Economy
May 25, 2024
China fear grips G7 with draft raising alarm at ‘harmful’ trade
A draft communique formulated at the Group of Seven meeting in the lakeside resort of Stresa introduces much stronger language than before.
Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California.
BUSINESS / Economy
May 25, 2024
USTR extends some Chinese tariff exclusions, but many to fall away
Friday's action means certain goods will maintain exclusions from import tariffs.
South Korean leader Yoon Suk-yeol (left), U.S. President Joe Biden (center) and Prime Minister Fumio Kishida walk during the Camp David summit on the outskirts of Washington last August. South Korea and Japan will be going into the summit with China more aligned than before following the Camp David meeting.
JAPAN / Politics / FOCUS
May 24, 2024
At Japan-South Korea-China trilateral summit, a chance to manage tensions
Just holding the summit is an accomplishment amid the considerable issues that divide the three countries.
The captain of a port pilot boat approaches a container ship outside the Port of Los Angeles in Los Angeles.
WORLD / Politics
May 24, 2024
A new trade war offers no easy way back for old global order
Then-U.S. President Donald Trump fired the first shots with tariffs on China seven years ago, then President Joe Biden ushered the U.S. into the new industrial policy age.
Joe Biden’s tariffs on Chinese electric vehicles and other imports are more than symbolic — they are a signal that the U.S. won’t accept a surge of imports that could undermine crucial parts of his administration’s agenda.
COMMENTARY / World
May 21, 2024
The U.S. is preparing for a second 'China shock'
The immediate impact of these tariffs will be small, because the United States currently imports very few of the affected goods from China.
Rishi Sunak speaks at a meeting of finance ministers ahead of the 2021 G7 leaders' summit in London on June 4, 2021.
WORLD / Politics
May 22, 2024
G7 finance chiefs seek common line on Russian assets and China
Negotiators have been discussing for weeks how to best exploit some $300 billion worth of seized Russian funds.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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