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April 30, 2025
 

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Chinese President Xi Jinping delivers a speech in Pretoria, South Africa, Aug. 22, 2023.
ASIA PACIFIC / Politics
Jul 18, 2024

Xi to map out vision for China’s economy as key meeting wraps up

The summit comes as China battles a years-long real estate crisis, which has prompted the longest deflationary streak since 1999.
The yen strengthened Wednesday to break the psychological threshold of ¥155 against the dollar, with technical indicators suggesting the momentum can continue.
BUSINESS / Markets
Jul 24, 2024

Yen extends advance as unwinding of global carry trades ramps up

Investors are betting on more rate hikes in Japan and the chance of further intervention by authorities to prop up the Japanese currency.
The Nikkei stock index fell to a three-month low on Thursday.
BUSINESS / Markets
Jul 25, 2024

Nikkei closes at 3-month low as yen strengthens

The 225-issue average fell 3.28% to end the day at 37,869.51, its lowest close since April 25.
A monitor shows an increase in the 225-issue Nikkei average, in Tokyo on Tuesday.
BUSINESS / Markets
Aug 13, 2024

Nikkei surges 3.5% on return from holiday as weak yen supports

The Nikkei average ended the day at the session's peak of 36,232.51, trading higher in the last 40 minutes of trading.
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference on May 6 in Beverly Hills, California.
BUSINESS / Companies
Aug 15, 2024

Musk’s free speech mantra collides with crackdowns on hate speech and disinformation

Since taking over, Musk has largely abandoned X’s prior efforts to curb misinformation, instead asking users to police themselves.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024

Panama Canal eases limits that caused global shipping bottleneck

Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
Government Pension Investment Fund in Tokyo
BUSINESS / Markets
Sep 4, 2024

GPIF watchers say $1.75 trillion fund may buy more Japan stocks

GPIF is likely to have reclaimed its position as the world’s largest pension fund, thanks to the yen’s rebound after a brief slip earlier this year.
The European Court of Justice is set to give a ruling on Irish tax breaks to U.S. company Apple on Tuesday.
BUSINESS / Tech
Sep 10, 2024

D-Day for Apple and Google as EU court to rule on major cases

The Apple case has been one of several investigations in the previous decade into sweetheart tax arrangements between major companies and several EU countries.
Shoppers outside an office building in Beijing in August. China's overall public spending — which includes local governments — is shrinking, not growing. It contracted about 2% in the first seven months of 2024.
BUSINESS / Economy
Sep 12, 2024

China’s attempt to boost demand is stifled by wall of austerity

While finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, their counterparts in the provinces are in full belt-tightening mode.
The People's Bank of China building in Beijing
BUSINESS / Economy
Sep 24, 2024

China unleashes stimulus blitz in push to hit annual growth goal

The People's Bank of China has announced moves to boost banks’ lending to consumers and corporates, and a cut to its key short-term interest rate.
Intel, once the world’s largest chipmaker, has become the target of takeover speculation since a rapid deterioration of its business this year.
BUSINESS / Tech
Sep 28, 2024

Arm is rebuffed by Intel after inquiring about buying product unit

Intel, once the world’s largest chipmaker, has become the target of takeover speculation since a rapid deterioration of its business this year.
The Bank of Japan headquarters in Tokyo. Worries about the implications of further BOJ tightening against a global backdrop of easing were again on display this week, with new Prime Minister Shigeru Ishiba saying Japan wasn’t ready for more rate hikes yet.
BUSINESS / Markets
Oct 5, 2024

Stepped-up global easing risks making it harder for BOJ to hike

Worries about the implications of further BOJ tightening against a global backdrop of easing were again on display this week.
New economic revitalization Minister Ryosei Akazawa speaks during an interview on Tuesday in Tokyo.
BUSINESS / Economy
Oct 10, 2024

Japan is aiming for a growth-oriented economy, new minister says

The new minister also underlined his resolve to attain the government's target of raising the weighted average of minimum wages in the 2020s.
Japan's core inflation slowed in September due to the rollout of energy subsidies.
BUSINESS / Economy
Oct 18, 2024

Japan’s inflation slows for first time since April

The slowdown in price gains largely hangs on government subsidies.
Preparations ahead of the Bloomberg New Economy event at the B20 in Sao Paulo, Brazil, on Wednesday
WORLD / Politics
Oct 24, 2024

Brazil's business leaders reluctant to pick between U.S. and China ties

Brazil’s agriculture minister has called for the country to join China’s Belt and Road, the superpower’s flagship global trade and infrastructure program.
Stadium workers paint the World Series logo on the field at Dodger Stadium on Thursday, a day ahead of the start of the Fall Classic.
BASEBALL / MLB
Oct 25, 2024

Baseball’s biggest stars and biggest markets align for MLB broadcaster

As much as the history of the two franchises, the teams’ star players and league-leading records this season should help attract more casual baseball fans.
Gov. Kazuo Ueda has made it clear over the past few months that any monetary policy moves are dependent on inflation and growth data being aligned with forecasts.
BUSINESS / Economy
Oct 31, 2024

Bank of Japan keeps policy rate steady at 0.25%, as expected

The central bank held its ground this week even as it faced considerable political and economic pressure and significant uncertainty on the horizon.
Astronauts Ayu Yoneda (left) and Makoto Suwa at a news conference in Tokyo on Oct. 23
JAPAN
Nov 6, 2024

New Japanese astronauts see moon landing as real possibility

Under the Artemis international lunar exploration program, Yoneda and Suwa, may become the first Japanese to land on the moon as early as the late 2020s.
Nintendo reported ¥27.7 billion in net profit in the July-September quarter, down 69% year on year.
BUSINESS / Companies
Nov 6, 2024

Nintendo Switch sales drop as successor console looms

Despite the decline, sales continue to be robust in comparison to past Nintendo platforms in the same year, Nintendo said.
Brazilian President Luiz Inacio Lula da Silva (left) shakes hands with Chinese President Xi Jinping after a signing ceremony held at the Great Hall of the People in Beijing in April 2023.
WORLD / Politics
Nov 14, 2024

Lula’s embrace of Xi sets up a clash over Trump’s China policy

Brazil’s geography and colonial history meant that it has traditionally looked to the Atlantic for commerce. Now it’s deepening ties with the Asia Pacific.
Nissan and its group firms have about $1.6 billion of debt due next year, a slight decrease from 2024, but that figure will jump to around $5.6 billion in 2026, the most in Bloomberg-compiled data going back to 1996.
BUSINESS / Companies
Nov 15, 2024

Nissan faces record debt bill with one year left to fix finances

The automaker and its group firms are seen having about $5.6 billion in debt due in 2026.
The yuan risks years of downward pressure during the second Trump presidency, and the threat of another trade war is already fueling bets against the currency.
BUSINESS / Economy / ANALYSIS
Nov 16, 2024

China’s dream of ‘powerful currency’ runs Into Trump’s return

The yuan risks years of downward pressure during the second Trump presidency, and the threat of another trade war is already fueling bets against it.
Members of the Indigenous People Association stage a protest to demand action on climate change, holding cutouts of U.S. President Joe Biden and Chinese leader Xi Jinping on the waters of Botafogo Bay, ahead of the Group of 20 summit in Rio de Janeiro on Saturday.
ENVIRONMENT / Climate change
Nov 17, 2024

Biden weighs fossil fuel finance curbs that could outlast Trump

Landing the deal is seen as essential to deliver on a promise Biden made during his first year in the White House.
Sacks of untreated and shredded plastic waste, left unattended, collect at an inoperative recycling site in Asan, South Korea, on Nov. 19.
ENVIRONMENT / Sustainability
Nov 25, 2024

South Korea's mountain of plastic waste shows limits of recycling

Seoul says that it recycles 73% of its plastic waste, but environmentalists say the real number is about 27%.
Saudi Crown Prince Mohammed bin Salman addresses the joint extraordinary leaders summit of the Organization of Islamic Cooperation (OIC) and the Arab League in Riyadh on Nov. 11.
WORLD / Politics
Nov 25, 2024

Mohammed bin Salman’s style shift sets up a new world order strategy

The implications of Saudi Arabia’s transformation under Crown Prince Mohammed bin Salman will reverberate far beyond the kingdom’s borders for decades to come.
The U.S. federal prosecutors' indictment of Indian billionaire Gautam Adani over an alleged bribery plot last week has sent ripples across the globe.
BUSINESS / Companies
Nov 26, 2024

Japan’s SBI follows Nomura in disclosing Adani funds exposure

The moves underscore how U.S. federal prosecutors’ indictment of Indian billionaire Gautam Adani over an alleged bribery plot has sent ripples across the globe.
The yen briefly breached the key ¥150 mark against the dollar on Friday, as traders' expectations for a rate hike by the Bank of Japan in December grow.
BUSINESS / Markets
Nov 29, 2024

Yen breaches key ¥150 level as Tokyo inflation fuels BOJ bets

The swaps market is now factoring in a 63% chance of a BOJ rate hike in December, twice the odds at the start of the month.
Member of French far-right party Rassemblement National (RN) Marine Le Pen (center) talks to the media next to party member Louis Aliot after a hearing in her trial on suspicion of embezzlement of European public funds, in Paris on Wednesday.
WORLD / Politics
Dec 2, 2024

Far-right leader Marine Le Pen has never been so powerful in France

Marine Le Pen is now the ultimate power broker in Paris.
The Internet Society of China has urged domestic companies to think carefully before procuring chips from the U.S.
WORLD / Politics
Dec 4, 2024

U.S. chips 'no longer safe,' Chinese industry bodies say in latest salvo

Their advice could affect U.S. chipmaking giants like Nvidia, AMD and Intel, which have managed to keep selling products in China despite export controls.
Yoshihiko Noda, the leader of the Constitutional Democratic Party of Japan, speaks during an interview in Tokyo on Friday.
BUSINESS / Economy
Dec 6, 2024

CDP leader calls for gradual BOJ rate hikes

Yoshihiko Noda urged the central bank to keep a close eye on economic and overseas developments when raising rates.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
Could this be Japan’s year at the Kentucky Derby?
Christophe Lemaire rides Admire Daytona, who was bred in Japan, during the UAE Derby at Meydan Racecourse in Dubai on April 5.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February

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

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
By Alex K.T. Martin

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