NEWSWORTHY
Japan's unexpected GDP growth in January-March leaves plenty of reasons for caution
The biggest driver of the expansion was imports falling even faster than exports, meaning that net exports technically drove growth in the economy.
Soldiers oversee fuel rationing in Venezuelan towns amid shortages as economy implodes
Soldiers oversaw rationing of gasoline at service stations in several parts of Venezuela on Sunday as worsening fuel shortages forced angry drivers to wait for hours to fill their tanks, prompting protests in some areas. Venezuela, whose economy is reeling from a painful five-year recession ...
In Iran, a plunging economy trumps fears of U.S. confrontation
Across Iran's capital, the talk always seems to come back to how things may get worse. Battered by U.S. sanctions and its depreciating rial currency, Iran's 80 million people struggle to buy meat, medicine and other staples of daily life. Now they wonder aloud about ...
Nomura experts see only slim chance of comprehensive China-U.S. trade deal this week
Nomura analysts see a high likelihood that further negotiations between the United States and China will be needed before a final trade deal is reached, dragging out a dispute between the world's two biggest economies that has kept investors on edge. "At this point, we ...
Japan stocks take hit as Trump officials say more China tariffs to come this week
The Nikkei stock average tumbled 1.51 percent on news of the swift deterioration in trade negotiations between the world’s two largest economies.
Hiring surge lifts U.S. economy — and Trump's re-election chances
The lowest unemployment rate in half a century. More than 260,000 new jobs. And higher hourly wages. "I'll be running on the economy," President Donald Trump declared on Friday. And why wouldn't he? The day's new round of sunny employment figures offered fresh evidence of a ...
President Donald Trump slammed the Federal Reserve on Tuesday for "incessantly" raising interest rates and said cutting rates by a full point would make the economy surge. In a Twitter outburst on the first day of a two-day central bank meeting to decide the course ...
Reiwa Era to open in wake of decades of tumultuous economic change in Japan
The Heisei Era began three decades ago with Emperor Akihito ascending the throne near the zenith of one of the biggest stock market bubbles in history. It's been punctuated by the triple hit of an earthquake, tsunami and nuclear meltdown, the fall of tech ...
Meeting the Reiwa Era's challenges
As we brace for the Reiwa Era, we must be ready to take on structural reform of the economy as well as administrative and fiscal reforms of a much larger and broader scale than took place in Heisei.
Abe's poker face: If Japan's leader is wavering on tax hike resolve, how will we know?
Twice before, Prime Minister Shinzo Abe has backed away from the sort of sales tax hike that toppled at least one predecessor. Now, he faces the same dilemma again. In five months Japan is set to raise the levy to 10 percent from the current ...
Surprise drop in factory output adds to warning signs for Japan's economy
The nation's factory output unexpectedly fell in March, the government said Friday, in a sign that gross domestic product is more likely to have shrunk during the first quarter. Japan needs to see a healthy recovery in exports and industrial output ahead of a long-delayed ...
