Tag - economy

 
 

ECONOMY

Yields in Japan’s $7.8 trillion government debt market are now rising rapidly after years of moving at a glacial pace.
BUSINESS / Economy
May 16, 2025
Japan’s steep bond curve divides investors, challenges economy
Yields in the country’s $7.8 trillion government debt market are shifting higher at breakneck speed after years of moving at a glacial pace.
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
BUSINESS / Economy / FOCUS
May 16, 2025
Akazawa's dilemma: no tariff deal or a half-baked deal
Japan has realized the U.S. has no intention of seriously talking about duties on automobiles now.
U.S. Commerce Secretary Howard Lutnick speaks in the Oval Office after President Donald Trump announced a trade deal with the U.K. on May 8. The agreement is far from a win for London, which has chosen deference over strength in dealing with Washington's bullishness.
COMMENTARY / World
May 16, 2025
Lessons from the U.S.-U.K. trade deal: Don’t appease a bully
The tariff agreement signed between London and Washington does little to boost the U.K. economy and, despite appearances, is a diplomatic defeat for Prime Minister Starmer.
"Given the extremely high uncertainties in play, my view is that it is appropriate for the bank to conduct monetary policy deliberately to reflect the actual state of economic recovery,” Toyoaki Nakamura, the Bank of Japan’s most dovish board member, said in a speech Friday in Fukuoka Prefecture.
BUSINESS / Economy
May 16, 2025
BOJ’s most dovish member warns against rushing to raising rates
Toyoaki Nakamura’s speech comes shortly after government data showed that Japan’s economy shrank more than expected in the first quarter.
The Japanese economy flipped back into reverse in the first three months of the year, with consumption staying below its pre-pandemic level as inflation saps purchasing power.
BUSINESS / Economy
May 16, 2025
Japan’s economy shrank for the first time in a year before tariff jolt
The first contraction under Prime Minister Shigeru Ishiba adds to concerns about the resilience of the economy before tariffs came into effect.
The yen slumped more than 2% on Monday alone, nearing ¥150 to the dollar, after the U.S. and China temporarily lowered tariffs, triggering a reversal of bearish dollar bets.
BUSINESS / Economy
May 15, 2025
Rich Japanese still fear yen crash, wealth manager says
Japan's most prosperous households are still scarred by the market’s collapse in the early 1990s.
Over 30 years, U.S.-China trade talks have largely failed because Beijing prioritizes protecting its political system, making only symbolic concessions, while Washington struggles to win lasting changes.
COMMENTARY / World
May 15, 2025
The U.S. will never win a trade war with China
For sure, the 90-day truce is merely temporary relief. As long as negotiations continue as they are, the U.S. will not be able to win a trade war with China
Ryosei Akazawa, Japan's tariff czar, after the first round of talks in Washington. Media reports indicate he may be headed back to the United States next week for the third round of negotiations.
BUSINESS / Economy
May 15, 2025
Third round of U.S.-Japan tariff talks may be held next week: report
Akazawa’s two previous visits to Washington yielded no tangible results.
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
BUSINESS / Markets
May 14, 2025
Tokyo Stock Exchange wants stocks to be affordable for the average investor
Attracting more small investors could help reduce volatility due to the introduction of a wider range of investment strategies.
U.S. President Donald Trump's policies, including attacks on research funding, immigration and trade threaten the foundations of American economic exceptionalism, and the resulting damage may be difficult to undo.
COMMENTARY / World
May 14, 2025
American exceptionalism meets its maker
The question is whether U.S. President Donald Trump’s destructive policies have now brought this economic exceptionalism to an end.
Japan will call for the public and private sectors to spend about ¥60 trillion in total over the five years to fiscal 2029 to improve the productivity of small and midsize companies.
BUSINESS / Economy
May 14, 2025
Japan considers five-year wage hike plan for smaller firms
The government will call on the public and private sectors to spend about ¥60 trillion in total over the five years.
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.
JAPAN / Politics / FOCUS
May 13, 2025
Consumption tax set to dominate Upper House election debate
Broaching the subject has traditionally been seen as akin to kicking a hornet's nest.
Senior officials of Liberal Democratic Party and Komeito agreed Tuesday on the need to draft a supplementary budget before a possible extraordinary session of the Diet this autumn.
JAPAN / Politics
May 13, 2025
LDP and Komeito agree to draft supplementary budget before autumn session
The extra budget is expected to fund measures to deal with inflation and the impact of U.S. President Donald Trump's tariffs.
Chinese leader Xi Jinping speaks during the opening ceremony of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on Tuesday.
ASIA PACIFIC / Politics
May 13, 2025
China's Xi slams 'bullying' as Beijing hosts Latin American leaders
The Chinese leader also pledged $9.2 billion in credit toward "development" for the region — part of a broad set of initiatives aimed at deepening cooperation.
"The Bank of Japan’s stance to continue to raise the policy interest rate is unchanged” given low real rates and the outlook for its price goal to be met, one of the nine board members said at the central bank's April 30 to May 1 meeting, according to a summary of opinions released Tuesday.
BUSINESS / Economy
May 13, 2025
BOJ still intends to raise rates while monitoring tariffs, summary shows
The written account of the BOJ gathering comes as risk appetite returns to global financial markets following the cooldown in U.S.-China tariff tensions on Monday.
A Warren Buffett Squishmallow is displayed during a Berkshire Hathaway shareholders meeting in Omaha, Nebraska, in May 2023. Buffett’s $25 billion bet on five Japanese trading houses reflects his belief that the country’s overlooked market rewards patient investors who embrace its unique business culture.
COMMENTARY / Japan
May 13, 2025
Buffett’s little Japan handbook — and other lessons
The legendary investor recently revealed what inspired his interest in Tokyo’s trading houses — and offered a host of tips for would-be followers.
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
BUSINESS / Economy / ANALYSIS
May 13, 2025
Xi defiance pays off as Trump meets most China trade demands
Going forward, experts say, this will make the Chinese side confident that they have leverage over the U.S. in any negotiations.
The number of business failures due to labor shortages grew to 36 from 25 a year before, while the number of bankruptcies because of inflation remained high, at 56, against 60.
BUSINESS
May 12, 2025
Japan business failures hit 11-year high for April
More failures were seen mainly among smaller companies with weak business bases as their revenue was squeezed by rising prices and higher labor costs.
Prime Minister Shigeru Ishiba at the White House earlier this year. Ishiba said Monday that farmers won't be sacrificed for automakers in Japan's tariff negotiations with the U.S.
BUSINESS / Economy / FOCUS
May 12, 2025
Japan might be playing long game in U.S. tariff talks
Tokyo is resisting making any major concessions, possibly in the hope that mounting domestic pressure will force U.S. President Donald Trump to give it a better deal.
The U.S. economy has shifted from strong growth to heightened recession risk and uncertainty due to President Trump’s aggressive trade tariffs and budget cuts, leaving Congress to reclaim control over policy to avoid worsening economic disruption and global instability.
COMMENTARY / World
May 6, 2025
Only the U.S. Congress can end Trump's economic uncertainty
There is no chance of reining in the disruption and destruction unless the Republican-controlled U.S. Congress reclaims its constitutional authority over trade policy.

Longform

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