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A Shein office in Singapore. The meteoric rise of shopping platforms selling Chinese-made goods has been fueled by a decades-old loophole that allows cheap products to land in U.S. mailboxes tariff-free.
BUSINESS
Aug 4, 2023
Key trade loophole keeps cheap Chinese products flowing to U.S.
The fact that Chinese goods and China-founded companies are benefiting from the loophole has frustrated some U.S. lawmakers.
Children play on a beach near a Taiwan Navy supply ship on Nangan Island, which is part of the Matsu Archipelago that is controlled by Taipei and located close to the coast of mainland China.
COMMENTARY / World
Aug 4, 2023
A year after Nancy Pelosi’s historic visit, is Taiwan more secure?
Though both U.S. and broader international support for Taipei has accelerated, the Chinese military is regularly operating closer to the island than ever.
Demonstrators hold a rally in Washington on Thursday, the day former U.S. President Donald Trump, who is facing federal charges related to attempts to overturn his 2020 election, appeared in a U.S. district court in the nation's capital.
EDITORIALS
Aug 4, 2023
The United States of America vs. Donald J. Trump
The outcome of the trial against former U.S. President Donald Trump will test the rule of law and U.S. democracy.
The U.S. Capitol in Washington. After its downgrade of the U.S., Fitch’s AAA club now consists of Germany and Australia, along with seven others, including smaller, rich countries such as Switzerland and Luxembourg.
BUSINESS
Aug 4, 2023
Pristine AAA bond universe just got a whole lot smaller
Fitch's U.S. downgrade is the latest example of a decadelong trend in rich economies as worries about high and rising debt burdens come to the fore.
Two U.S. Navy sailors have been arrested on charges of providing sensitive U.S. military information to China. Both men are Chinese-born naturalized U.S. citizens.
WORLD
Aug 4, 2023
U.S. sailors charged with selling military secrets to China
Two sailors have been arrested on charges of providing sensitive U.S. military information to China. Both men are Chinese-born naturalized U.S. citizens.
Former U.S. President Donald Trump, a candidate for the Republican presidential nomination, arrives at Reagan National Airport in Washington en route to his arraignment in federal court on Thursday.
WORLD
Aug 4, 2023
Trump pleads not guilty to charges of obstructing election
After the hearing, the former U.S. president briefly addressed reporters at the Washington airport, calling it a "very sad day for America.”
Beijing's Ministry of State Security said China should create a system that makes it 'normal' for regular people to participate in counter-espionage.
WORLD
Aug 3, 2023
U.S. raises concerns over China's counter-espionage push
Washington worries that foreign companies in China could be punished for regular business activities.
Australian Ambassador to Japan Justin Hayhurst (center) walks beside Prime Minister Anthony Albanese (right) during the Group of Seven summit in Hiroshima in May.
JAPAN
Aug 3, 2023
Tokyo-Canberra ties key to Indo-Pacific’s future: Australian envoy
"We’ve never been more important to each other," says Justin Hayhurst, Australia’s new Ambassador to Japan.
A downgrade by Fitch Ratings is being viewed as a condemnation of partisan U.S. politics, including the recent debt ceiling standoff and the Jan. 6, 2021, insurrection at the U.S. Capitol.
BUSINESS
Aug 3, 2023
Fitch’s U.S. downgrade stokes the very fight it warned against
Washington’s hostile political factions have quickly taken up the agency's downgrade of U.S. government debt as a new weapon of political combat.
U.S. Vice President Kamala Harris meets with Mongolian Prime Minister Luvsannamsrai Oyun-Erdene at her ceremonial office in Washington on Wednesday.
WORLD
Aug 3, 2023
Mongolia and U.S. to sign 'Open Skies' deal ahead of talks
Deal would also provide easier options for cargo flights between the nations.
People embrace each other as demonstrators for and against the U.S. Supreme Court decision to strike down race-conscious student admissions programs at Harvard University and the University of North Carolina confront each other, in Washington on June 29.
WORLD
Aug 3, 2023
U.S. affirmative action ban spurs changes to college essay prompts
U.S. colleges are set to release their essay prompts this month when the common application used by many schools becomes public.
A monitor in Tokyo shows the 225-issue Nikkei stock average dropping more than 700 points on Wednesday.
BUSINESS
Aug 2, 2023
Japan shares post biggest one-day drop this year
Then benchmark 225-issue Nikkei average closed down 2.30% at 32,707.69 — its sharpest one-day drop since Dec. 20.
Up until the 1980s, Mexico was a country in which drug cartels and a corrupt state could cut deals that took much of the bloodshed out of the business. The government's crackdown on the drug traders, at the behest of the U.S., changed that.
COMMENTARY / World
Aug 2, 2023
Mexico and the U.S. are divided by guns and fentanyl
The two neighbors see the toll taken on their citizens by violence and drugs in different ways and can’t agree on which poses the most pressing threat.
Simon Humphries, head of design at Toyota, speaks during the world premier of the new Land Cruiser in Tokyo on Wednesday.
BUSINESS
Aug 2, 2023
Toyota’s iconic Land Cruiser returns to North America
The world’s biggest carmaker has unveiled three variations of one of its most enduring models, starting at around $50,000.
Jacob Anthony Chansley near the entrance to the Senate after breaching security defenses on Jan. 6, 2021
WORLD
Aug 2, 2023
Who else faced legal consequences after the U.S. Capitol attack?
Numerous people have been convicted at trial or pleaded guilty to crimes after seeking to block Congress from certifying Joe Biden's victory in 2020.
Russian Foreign Minister Sergei Lavrov and the chairperson of the African Union Commission, Moussa Faki Mahamat, attend a document signing ceremony during the Russia-Africa Summit in Sochi, Russia, in October 2019.
COMMENTARY / World
Aug 2, 2023
China’s weaponization of race and history
BRICS nations seek a more equitable global architecture that represents the interests of the Global South as China uses race to challenge the West.
Migrants at a base near Tripoli hand out food to other migrants after they were detained by the Libyan navy in September 2015.
COMMENTARY / World
Aug 2, 2023
An immigration wake-up call
Well-designed immigration policies in advanced economies could ease inflationary labor-market shortages and preventing humanitarian tragedies.
U.S. Treasury Secretary Janet Yellen on Tuesday called the downgrade of the United States' top-tier sovereign credit grade by Fitch Ratings "arbitrary” and "outdated.”
BUSINESS / Economy
Aug 2, 2023
U.S. credit rating downgraded from AAA by Fitch 
Fitch Ratings criticized the country’s ballooning fiscal deficits and an "erosion of governance” that have led to repeated debt limit clashes.
Former U.S. President Donald Trump makes his way inside the Manhattan Criminal Courthouse in New York on April 4. Trump was indicted on Monday over his efforts to overturn the results of the 2020 election — the most serious legal threat yet to the former president as he campaigns to return to the White House.
WORLD / Politics
Aug 2, 2023
Trump charged with conspiracy for efforts to overturn 2020 election
The indictment alleges Trump knowingly spread lies about the election in order to undermine public faith in the vote and remain in power.
Former U.S. President and 2024 presidential hopeful Donald Trump arrives to speak at an event in West Palm Beach, Florida, on July 15.
WORLD / Politics
Aug 2, 2023
Indictment could push Trump closer to 2024 Republican nomination
The former U.S. president has made the indictments a central plank of his campaign platform, portraying himself as the target of a biased justice system.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?