Magnetic slices made from rare earth metals at a factory run by the Canadian company Neo Performance Materials in Narva, Estonia, on Sept. 17. China is exerting its power over rare earth magnets as leverage in international trade.
BUSINESS / Markets
Oct 9, 2025
China tightens rare earth export controls, targeting defense and chips
China produces over 90% of the world's processed rare earths and rare earth magnets.
For decades, investors have turned to the yen during market shocks, but that instinct is now under strain.
BUSINESS / Markets
Oct 9, 2025
Yen’s haven status undercut by gold surge and BOJ rate-hike doubts
For decades, investors have turned to the yen during market shocks, from financial crises to geopolitical blowups.
UK gold bullion bars are stacked at Baird & Co in Hatton Garden in London on Wednesday.
BUSINESS / Markets
Oct 9, 2025
Gold’s spectacular three-year rally is breaking all the records
Bullion has shaken off its reputation as a barbarous relic and muscled its way back toward the center of the global monetary system.
Tokyo stocks staged a powerful rally on Monday. On Tuesday, they rallied again, then retreated.
BUSINESS / Markets
Oct 7, 2025
‘Takaichi trade’ stalls as political reality calls for wait-and-see approach
Tokyo stocks zoomed to a new record and then quickly retreated.
A screen displays Japan's 10-year government bonds and the rate of the yen against the dollar outside a securities firm in Tokyo on Monday.
BUSINESS / Markets
Oct 6, 2025
Goldman sees Japan bond 'shocks' spilling over to Treasurys
Global bonds feel the ripple from Tokyo as investors react to Sanae Takaichi’s election win and looming fiscal stimulus.
An investor watches a board showing stock information at a brokerage office in Beijing.
BUSINESS / Markets / FOCUS
Oct 6, 2025
Thriving emerging markets look poised to wrap up banner year
Sentiment has rarely been this buoyant, with an HSBC Holdings survey showing emerging markets fund managers as the most bullish since the start of 2021.
A monitor in Tokyo shows the Nikkei 225 index closing Monday at 47944.76, up 2,175.26 points from the previous week.
BUSINESS / Markets
Oct 6, 2025
‘Takaichi trade’ takes Nikkei to record high
Takaichi is a proponent of expansionary fiscal spending and monetary easing, which is believed to have fueled market optimism and led to the rally.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?