Tag - economy

 
 

ECONOMY

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. 
Kwai Chung container ports in Hong Kong earlier this month
BUSINESS / Markets
Apr 7, 2025
East Asia tries a mix of measures to counter U.S. tariffs as markets suffer
U.S. President Donald Trump last week announced a raft of tariffs, with almost every country affected.
Prime Minister Shigeru Ishiba said Japan does not intend to seek direct confrontation with the U.S. over the newly levied tariffs, during a parliamentary committee session in Tokyo on Monday.
BUSINESS / Economy
Apr 7, 2025
Japan to avoid direct confrontation with the U.S. over Trump tariffs
The Japanese prime minister is calling for a more diplomatic and fact-based approach, in part by examining U.S. allegations about trade barriers.
To sustain growth, emerging and developing economies must boost productivity, increase labor-force participation (especially among women) and build stronger social support systems.
COMMENTARY / World
Apr 7, 2025
Emerging economies must get rich before they get old
To sustain growth, emerging economies must boost productivity, increase labor-force participation — especially among women — and build stronger social support systems.
U.S. President Donald Trump boards Air Force One as he departs for Washington, at Palm Beach International Airport in Palm Beach, Florida, on Sunday.
BUSINESS / Economy
Apr 7, 2025
Trump team rejects market fears, projecting defiance on tariffs
U.S. President Donald Trump’s top economic officials dismissed investors’ fears of inflation and recession, insisting a boom is on the horizon.
In a reflection of persistent price pressure, real wages declined for a second straight month in February, falling 1.2% from a year earlier.
BUSINESS / Economy
Apr 7, 2025
Japan’s nominal wages rise in bright spot as outlook darkens
Nominal cash earnings for workers climbed 3.1% in February from a year earlier, with the pace accelerating from a revised 1.8% in January, the labor ministry said Monday.
Vehicles used for ride-hailing services in the city of Kiryu, in Gunma Prefecture
JAPAN
Apr 6, 2025
Ride-hailing services spreading in Japan
About 3,300 people have registered as ride-hailing drivers in central Tokyo and other areas.

Longform

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