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July 20, 2025
 

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GLOBAL ECONOMY

International Monetary Fund (IMF) and World Bank Fall meetings signage outside the IMF headquarters in Washington on Sunday
BUSINESS / Economy
Oct 21, 2024
As poor nations' default wave peaks, a cash shortage could replace it
The issue, and what to do about it when Western countries are increasingly loath to send money overseas, is a key topic at the IMF World Bank autumn meetings this week.
An electric stock board at the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo on April 19
BUSINESS / Markets
Oct 21, 2024
Asian IPOs set for blockbuster week as ‘animal spirits’ return
Asian markets are seeing a return of "animal spirits," or changes in market behavior often driven by emotions.
Gantry cranes at the Yantian International Container Terminals in Shenzhen, China, on April 15
BUSINESS / Economy
Oct 21, 2024
World economy fault lines shift from prices to politics and debt
The U.S. presidential election, soaring government debt and the escalating conflict in the Middle East all hang over the global economic outlook.
Russian President Vladimir Putin attends a BRICS business forum in Moscow on Friday.
COMMENTARY / World
Oct 20, 2024
The rise of BRICS and the emerging multipolar world
The diversity among BRICS members presents challenges in forming a unified agenda, especially given differing political systems and goals.
A customer shops for tomatoes at the vegetable section of a supermarket in Beijing on Thursday.
BUSINESS / Economy
Oct 18, 2024
China's third-quarter GDP hits weakest pace since early 2023
Authorities have sharply ramped up policy stimulus, but markets are waiting for a clearer road map to put the economy back on a solid longer-term footing.
China has shifted the economic narrative. The country's rapid growth and production under a repressive regime challenges the idea that good institutions are necessary for wealth.
COMMENTARY / World
Oct 18, 2024
Beijing’s success is a conundrum for Nobel winners
China has shifted the economic narrative. The country's rapid growth under a repressive regime challenges the idea that good institutions are necessary for wealth.
With a significant need for renewable energy investment in developing countries, China can help drive the adoption of global green infrastructure and technology. 
COMMENTARY / World
Oct 17, 2024
China’s overcapacity can help transition the world
A collaborative effort between the U.S. and China on clean energy initiatives could significantly accelerate the global transition to green technologies.
The Champayan Lagoon in Altamira, Tamaulipas, Mexico. A new report finds that nearly 3 billion people and more than half of the world’s food production are in areas experiencing a worsening water shortage.
ENVIRONMENT / Sustainability
Oct 17, 2024
Water crisis endangers 8% of GDP in high-income countries, report warns
The report finds that nearly 3 billion people and more than half of the world’s food production are in areas experiencing a worsening water shortage.
Chinese Finance Minister Lan Foan. For investors who were hoping to hear authorities spell out exactly how much the government will spend to revive the ailing economy, Saturday's news conference was disappointing.
BUSINESS / Economy / ANALYSIS
Oct 12, 2024
China's stimulus message leaves investors wanting though hanging onto hope
Saturday's news conference reiterated Beijing's broad plans to revive the ailing economy, leaving investors disappointed at the lack of detail.
The U.S. Federal Reserve's cutting of the federal funds rate from 5.3% to a range of 4.75-5%, its first monetary-easing cycle in over four years, has provided China with greater flexibility to stimulate its struggling economy.
COMMENTARY / World
Oct 10, 2024
What U.S. interest-rate cuts mean for China
The Fed's easing cycle means lower debt burdens and higher liquidity, allowing countries to cut rates without fearing excessive capital outflows.
Japan's has experienced a significant decline in global economic power, with its share of global gross domestic product dropping from 18% in the 1980s to an anticipated 3% by 2050.
COMMENTARY / Japan
Oct 8, 2024
Japan needs more than mere economic strength
Japan, a country that has long relied on its economic prowess for international stature and standing, must change its perspective.
In recent years, less than 1% of overall U.S. job growth came from manufacturing. Meanwhile, 9 out of 10 new jobs came from the service sector — nearly half of them in education and health services.
COMMENTARY / World
Oct 7, 2024
A lot of ‘unskilled’ workers actually aren’t
Often people have incredible skills; they just aren’t skills currently in high demand.
Then-U.S. President Donald Trump welcomes his visiting French counterpart, Emmanuel Macron, in Washington in April 2018. European leaders, such as Macron, recognize the need to adapt to a new reality where globalization may no longer drive growth, especially if Trump wins the U.S. election.
COMMENTARY / World
Oct 7, 2024
Trump-proofing Europe looks impossible
Global supply chain strengths turn into weaknesses in a fragmented world, with unreliable access to cheap energy, Chinese consumers and U.S. security.
There's long been one mantra in mainstream economics: Growth is good. But recently, an alternative term has begun taking root in popular culture and policy: "degrowth."
BUSINESS / Economy
Oct 5, 2024
These are boom times for ‘degrowth’
Kohei Saito believes one reason degrowth has had increasing appeal is because "younger generations are not enjoying the fruits of economic growth.”
Electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, China.
BUSINESS / Economy
Oct 5, 2024
EU tests its mettle to take on China with new EV tariff fight
The EU voted on Friday to boost tariffs as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers.
While China's recent initiatives signal a willingness to address economic challenges, the road ahead remains difficult as the country's policymakers have yet to offer a clear road to success.
COMMENTARY / World
Oct 3, 2024
A stimulus is good, but China still faces a hard slog
Beijing is back in investors' good books. To justify the euphoria, it needs some meaty goals.
An employee works on the production line of Nio electric vehicles at a JAC-NIO manufacturing plant in Hefei, Anhui province, in China in 2022.
BUSINESS / Economy
Sep 30, 2024
China's factory and service sectors skid as stimulus calls grow
The data showed China's manufacturing industry remains a pain point for policymakers, who acknowledged the economy faces "new problems."
A photo of Chinese leader Xi Jinping is displayed at the National Security Exhibition Gallery in Hong Kong on Monday. The 24-man Politburo led by Xi has recently unveiled a series of pro-growth goodies to help the country's economy.
BUSINESS / Economy / FOCUS
Sep 28, 2024
Xi’s big stimulus week aims to draw a line under China slowdown
A recent barrage of policy announcements marked a sea change in Xi’s approach to managing China’s $18 trillion economy.
The Federal Reserve building in Washington. Federal Reserve Chair Jerome Powell said last week he felt that the pre-pandemic years during which the Fed's rate hovered near zero for years and Europe delved into the exotic world of negative rates are gone for good.
BUSINESS / Economy
Sep 27, 2024
A global hunt for neutral rates to shape world finance costs
Policymakers are exploring whether the rates required to keep inflation in check and economies growing are higher now than the ultra-low ones before the pandemic.
Italian former prime minister and economist Mario Draghi (left) and European Commission President Ursula von der Leyen take part in a joint news conference about the future of European competitiveness at the EU headquarters in Brussels on Sept. 9.
COMMENTARY / Japan
Sep 25, 2024
Draghi warns Europe — and Japan — about the failure to innovate
The warning could not be clearer. Europe faces “an existential crisis.” “Over time, we will inexorably become less prosperous, less equal, less secure and, as a result, less free to choose our destiny.” Moreover, “without action, we will have to either compromise our welfare, our environment...
Japanese markets brace for triple whammy if opposition wins big
A Sanseito campaign van in Shinjuku. The populist party is gaining ground and challenging the more centrist parties.
Sunken WWII Japanese warship Teruzuki found off Solomon Islands
The Solomon Islands. A team from the U.S. nonprofit Ocean Exploration Trust has discovered the Imperial Japanese Navy destroyer Teruzuki on the deep seabed off the Solomon Islands as the 80th anniversary of the war's end approaches.
Living conditions index hits lowest level in 15 years in Japan
The share of respondents to a Bank of Japan quarterly survey in June who said they have become worse off came to 61.0%, up 5.1 percentage points from the previous survey.
In Upper House race, younger voters in Tokyo turn to DPP for new direction
The Tokyo district has the highest number of candidates in the 2025 Upper House election with 32 people in the running for seven seats.
Concerns grow in Japan over possible Russian interference in Sunday’s election
A think tank researcher said anti-government propaganda by Russian bot accounts was what has made the small far-right party Sanseito so popular leading up to the Upper House election.
Japan's rice farmers are confounded by Shinjiro Koizumi’s policies
Kiyoshi Shibata stands in front of one of the rice paddies in Murayama, Yamagata Prefecture, where he produces the prefecture's signature rice brand Tsuyahime.
From stalking to death threats, female candidates still face harassment
Mayu Ushida, a former NHK newscaster running for election in the Tokyo electoral district on the Democratic Party for the People ticket, signs an autograph for a voter after a public rally at Shinjuku Station in Tokyo on Tuesday.
Kawaii Lab redefines idol pop for the TikTok generation
Misa Kimura is the main producer for Kawaii Lab, a project by entertainment agency Asobisystem whose groups have found success by pairing a social media-first strategy with a fresh perspective on traditional idol-pop tropes.
Craig Mod's life in motion in a disappearing Japan
Mod's memoir “Things Become Other Things” chronicles his walking trips across the Kii Peninsula, surveying “a graceful end to a certain life cycle.”
With China and Trump, Japan defense report says world entering ‘new era of crisis’
A senior member of a Self-Defense Forces honor guard inspects a formation before the arrival of Prime Minister Shigeru Ishiba for a visit to the Defense Ministry in Tokyo on June 30.

Podcast

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

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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