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October 17, 2025
 

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Eswar Prasad
U.S. President Donald Trump holds up a signed executive order on tariffs at the White House on April 2. Trump's protectionism is rippling through labor markets and dampening consumer demand around the world.
COMMENTARY / World
Oct 14, 2025
Is the global economy as resilient as it seems?
U.S. economic expansion is losing steam as the Trump's erratic economic policies, harsh immigration tactics and cuts in social expenditures take a toll on growth and employment.
Japan Times
COMMENTARY / World
Aug 26, 2020
China’s digital currency will rise but not rule
A new version of the renminbi will fail to challenge the U.S. dollar's global dominance.
COMMENTARY / World
Oct 20, 2016
China is poised to win if the U.S. withdraws
China may offer a poor alternative for global leadership to the U.S., but it's hard not to see it as an increasingly credible one.
COMMENTARY / World
May 16, 2014
Why the dollar will remain the top currency
China is missing one crucial ingredient as it builds the renminbi's claim to reserve-currency status: the world's trust with regard to a broader and more credible set of public and political institutions.
COMMENTARY / World
Aug 5, 2010
Singing the siren song of capital controls
ITHACA, New York — Capital controls are back in vogue. Facing sharp currency appreciation and fearing asset-price booms fueled by hot money, countries such as Indonesia, Korea, and Taiwan have recently taken steps to limit inflows.
COMMENTARY / World
Nov 23, 2006
What monetary policy does China need?
PRAGUE -- China's remarkable growth has been financed recently by a rapid expansion of money and bank credit that is producing an increasingly unsustainable investment boom. This renews concern that the country may not be able to avert a replay of the painful boom-and-bust cycle it endured in the mid-1990s....
Coalition talks could bring Takaichi closer to being PM
Nippon Ishin no Kai leader and Osaka Gov. Hirofumi Yoshimura meets with Liberal Democratic Party President Sanae Takaichi in Tokyo on Wednesday.
Trump declares U.S.-China trade war as Bessent floats long truce
U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington on Wednesday.
Asia can learn from Europe’s immigration mistakes
Refugees and migrants, mostly from Syria and Afghanistan, crowd a platform at a train station in Budapest in September 2015. Hungary's focus on pro-natalist policies and minimal immigration has led to a significant improvement in its fertility rate compared to Japan.
Singapore thrived in a U.S.-led world. Now what?
The aircraft carrier USS Theodore Roosevelt moors at Changi Naval Base in Singapore in April 2018.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.
Number of scenarios now on the table for who might be Japan’s next prime minister
Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo on October 4.
Pace eyes great strides for Japan’s art market
Pace Japan Vice President Kyoko Hattori, the de facto head of the nation’s business, believes a larger, more lucrative art market will allow Japan to be more attractive for collectors.
A frenetic diplomatic schedule looms for Japan’s next leader — whomever that may be
As horse-trading and speculation surge over who will be elected the next prime minister in parliament — the ruling Liberal Democratic Party's Sanae Takaichi or a possible candidate put forward by a unified opposition — Japan’s next leader will be confronted with a quick succession of key diplomatic events.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building
By Patrick St. Michel

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Maruhachi never sleeps in quest for better futons

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