Tag - economy

 
 

ECONOMY

U.S. Treasury Secretary Scott Bessent speaks outside the White House in Washington on Wednesday. Bessent appears to have taken a larger role in articulating U.S. President Donald Trump's trade policies to financial markets.
BUSINESS / Economy
Apr 11, 2025
Amid turmoil over tariffs, Bessent rises in Trump trade world
Multiple sources close to the White House said the former hedge fund manager was giving the U.S. president the best counsel among a team of advisers on trade.
Environmental, social and governance funds are increasingly looking to Japan, as efforts to boost diversity are coming amid a regulatory and government push for better corporate governance.
BUSINESS / Companies
Apr 11, 2025
Trump’s DEI rollback gives Japan a chance to draw ESG inflows
Japanese firms have long lagged behind their Western peers on gender equality, but the U.S. crackdown on diversity may give them a chance to shine.
U.S. President Donald Trump's abrupt U-turn on his tariff measures has been met with a mix of relief and bewilderment.
BUSINESS / Economy
Apr 11, 2025
U.S. allies greet Trump’s tariff U-turn with relief and defiance
As governments try to divine what would convince Trump to grant permanent waivers, his new willingness to reverse course inserts another layer of uncertainty.
Tokyo stocks tracked Wall Street lower as the United States and China hiked tariffs on imports from each other.
BUSINESS / Markets
Apr 11, 2025
Nikkei sinks as tariff-fueled selling resumes
An increase in U.S. levies on China to 145% has reignited concerns about the global economy and corporate profits.
A trader works during the closing bell at the New York Stock Exchange (NYSE) on Thursday.
BUSINESS / Economy
Apr 11, 2025
Trump trade war with China revives recession and bear market fears
While announcing a 90-day tariff pause on dozens of countries, Trump ratcheted up tariffs on Chinese imports, raising them effectively to 145%.
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington on Thursday.
BUSINESS / Companies
Apr 11, 2025
Trump tariff pause leaves CEOs asking: What happens in 90 days?
Trump's tariff flip spurs a stock rally but sows deeper confusion for companies bracing for long-term trade fallout.
U.S. President Donald Trump looks on after signing an executive order in the Oval Office of the White House on Wednesday in Washington.
BUSINESS / Economy
Apr 10, 2025
Tokyo cheers Trump’s tariff U-turn with second-biggest market gain ever
The news of Trump’s 90-day pause on “reciprocal tariffs”was welcomed by Japan and its markets, with the 225-issue Nikkei stock average up more than 9% on Thursday.
Prime Minister Shigeru Ishiba raises his hand to answer a question about the U.S. tariff measures during a parliamentary committee session in Tokyo on Monday.
JAPAN / Politics
Apr 10, 2025
Government considers fresh economic package to tackle impact of U.S. tariffs
Consensus is growing within the LDP-Komeito coalition over the need for intervention, though opinions are mixed on how to do it.
Producer prices of farm goods surged 19.7% in fiscal 2024 from the previous year, reflecting higher prices of rice sold to wholesalers.
BUSINESS
Apr 10, 2025
Japan producer prices rise 3.3% in fiscal 2024
According to a preliminary report by the Bank of Japan, the producer price index in the year through March hit a record high for the third straight year.
One thing is clear: The era of global interdependence, built on efficiency and mutually beneficial arrangements before U.S. President Donald Trump returned to power, has come to an end.
COMMENTARY / World
Apr 10, 2025
Navigating the Trump storm
Trump's second term aims to reshape the global trade system, challenging the current world order with rising tariffs and economic uncertainty.
U.S. President Donald Trump speaks as he attends the National Republican Congressional Committee dinner in Washington on Tuesday. Trump allowed new tariffs — including a 24% levy on Japan — to go into effect as scheduled on Wednesday.
BUSINESS / Markets
Apr 9, 2025
Trump's tariff gambit leaves Asia stunned and scrambling
Tariffs take time to actually affect prices and trade flows, but financial markets are already responding to the possibility of severe economic dislocation.
Shipping containers on the outskirts of Houston on Tuesday. China has vowed to "fight to the end" after Donald Trump further ramped up tariffs.
BUSINESS / Markets
Apr 9, 2025
Trump tariffs take effect, hiking trade levies to a 100-year high
The latest tariffs push levies imposed on China this year to as high as 104%, along with import taxes on roughly 60 trading partners that run trade surpluses with the U.S.
Bank of Japan Gov. Kazuo Ueda said Wednesday the central bank's stance is to conduct policy appropriately by carefully assessing the remaining uncertainties surrounding tariffs.
BUSINESS / Economy
Apr 9, 2025
BOJ's Ueda conveys wait-and-see stance on U.S. tariffs
He suggests the central bank will see how the tariff measures evolve before assessing the potential impact, and any required response.
U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House on April 2.
COMMENTARY / World
Apr 9, 2025
A conversation of the deaf after Trump’s tariffs
Trump likes win-win scenarios, but his version is different from those of his trade partners.
With Trump's tariffs, countries with lower labor costs like China will continue to outcompete the United States and gain stronger footholds in global markets.
COMMENTARY / World
Apr 9, 2025
Trump’s tariffs will accelerate America’s economic decline
Trump’s critics rightly point out that the tariff will raise U.S. car prices, but that is just one of its many drawbacks.
Traders work on the floor of the American Stock Exchange (AMEX) area of the New York Stock Exchange (NYSE) on Friday.
BUSINESS / Markets
Apr 9, 2025
Market calm is shattered as abrupt selloffs roil Wall Street
As recession fears build, markets have continued to flash warning signs.
Japan posted a surplus in the current account balance for the first time in two months, mainly as the trade balance turned into a surplus.
BUSINESS / Economy
Apr 8, 2025
Japan's current account surplus hits record high in February
The country posted a surplus in the current account balance, mainly as the trade balance turned into a surplus.
Japan is facing challenges with Donald Trump's new tariffs and is considering increased purchases of U.S. goods, negotiating tariff reductions and expanding auto production in the U.S. to reduce the trade deficit and avoid further economic tension.
COMMENTARY / Japan
Apr 8, 2025
What is Japan's play on Trump's tariffs?
Japan had expected some consideration for being the largest source of foreign direct investment in the U.S. from 2019 to 2024, with total investment of around $860 billion.
U.S. President Donald Trump meets with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House in Washington on Monday.
BUSINESS / Economy
Apr 8, 2025
Trump threatens to hike China tariffs further as market plunge continues
A global trade war touched off by U.S. President Donald Trump's sweeping tariffs escalated further on Monday.
Wall Street banks, under political pressure and tempted by short-term gains, are abandoning climate commitments and pouring billions into fossil fuels, risking both environmental catastrophe and massive future economic losses.
COMMENTARY / World
Apr 7, 2025
Wall Street will regret helping the world burn
For an industry in the business of money, it sure has a funny way of ensuring its destruction. 

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Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
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