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July 19, 2025
 

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GLOBAL ECONOMY

U.S. Treasury Secretary Scott Bessent speaks to members of the media after a Senate Republican policy luncheon at the U.S. Capitol in Washington on Friday.
BUSINESS / Economy
Jun 28, 2025
Tariff deals could be wrapped up by Sept. 1, Bessent says as talks pick up
The U.S. Treasury chief did not mention any changes to a July 9 deadline for countries to reach deals with the United States or see tariffs spike higher.
Canadian Prime Minister Mark Carney and U.S. President Donald Trump arrive for a family photo during the Group of Seven leaders' summit at the Kananaskis Country Golf Course in Kananaskis, Alberta, on June 16.
BUSINESS / Economy
Jun 28, 2025
Trump halts trade talks with Canada, shattering optimism over tariff deals
The move came just hours after U.S. Treasury Secretary Scott Bessent struck an upbeat tone on trade, saying deals could be reached by Sept. 1.
U.S. Secretary of Commerce Howard Lutnick attends an event at the White House in Washington on Thursday.
BUSINESS / Economy
Jun 27, 2025
Lutnick says U.S.-China truce signed and 10 trade deals imminent
The move includes a commitment from China to deliver rare earths used in everything from wind turbines to jet planes.
People attend a protest following U.S. attacks on Iranian nuclear sites, amid the Iran-Israel conflict, in Tehran on Sunday.
BUSINESS / Economy
Jun 23, 2025
U.S. strikes on Iran come at fragile moment for the global economy
The biggest economic impact from a prolonged conflict in the Middle East would likely be felt via surging oil prices.
U.S. Federal Reserve Chair Jerome Powell attends a news conference in Washington on Wednesday.
BUSINESS / Economy
Jun 21, 2025
Trump floats firing 'numbskull' Fed chair Jerome Powell
The Republican leader regularly berates Powell over the bank's decisions not to lower interest rates.
About three-quarters of Japanese imported crude oil travels through the Strait of Hormuz, which Iran has threatened to close.
BUSINESS / Economy / FOCUS
Jun 20, 2025
Japan’s economy is particularly vulnerable amid Middle East conflict
The yen is not trading like a safe-haven asset following Israel's efforts to knock out Iran's nuclear program.
Norway's central bank in Oslo. The krone slid roughly 1% against the dollar and the euro after a rate cut.
BUSINESS / Economy / ANALYSIS
Jun 20, 2025
Oil, war and tariffs tear up global markets' central bank roadmap
Monetary policy uncertainty is one more headwind for markets to navigate against a backdrop of geopolitical and trade risks.
World Bank Deputy Chief Economist Ayhan Kose speaks during an interview on Monday in Washington.
BUSINESS / Economy
Jun 11, 2025
World Bank sees Japan's growth slowing in 2025
The institution has lowered its 2025 growth estimate for Japan's gross domestic product to 0.7% in inflation-adjusted real terms.
The Port of Los Angeles, in San Pedro, California. The World Bank stopped short of forecasting a recession, but said global economic growth this year would be its weakest outside of a recession since 2008.
BUSINESS / Economy
Jun 10, 2025
World Bank slashes global growth forecast as trade tensions bite
The bank stopped short of forecasting a recession, but said global economic growth this year would be its weakest outside of a recession since 2008.
By spurring the ASEAN countries to deepen cooperation, with one another and with others, U.S. tariffs could bring about an even more prosperous — and, crucially, resilient — grouping.
COMMENTARY / World
Jun 9, 2025
Trump vs. a united ASEAN
By spurring the ASEAN countries to deepen cooperation, U.S. tariffs could bring about an even more prosperous — and, crucially, resilient — grouping.
A Mercedes-Benz production line in Rastatt, Germany, earlier this month. European auto suppliers alone have filed hundreds of requests to China for rare earths since early April, with only about a quarter granted.
BUSINESS / Economy
Jun 6, 2025
The world's auto supply chain is in the hands of a few Chinese bureaucrats
China holds a near-monopoly on rare earth magnets — a crucial component in EV motors — and it added them to an export control list in April.
OECD Secretary-General Mathias Cormann delivers a speech at OECD headquarters in Paris on Tuesday.
BUSINESS / Economy
Jun 3, 2025
Trade war cuts global economic growth outlook: OECD
After 3.3% growth last year, the world economy is now expected to expand by a "modest" 2.9% in 2025 and 2026, the OECD said.
Despite doubts and talk of alternatives in Asia and beyond, the dollar remains dominant because there are no viable rivals and it continues to serve as the world’s key safe asset.
COMMENTARY / World
Jun 3, 2025
The problem with Asia's ‘sell America’ moment
The region’s currencies are enjoying a healthy rally. History warns against anti-dollar triumphalism.
Shipping containers at the port of Oakland, in California. White House trade adviser Peter Navarro said the U.S. will find other ways to impose tariffs if the current plan doesn't work.
WORLD / Crime & Legal
May 30, 2025
If trade court ruling stands, Trump seen shifting to other options for tariff assault
Legal and trade experts' advice to foreign governments, companies and other clients: Assume the tariffs will resume in one form or another.
Shipping containers from China at the Port of Los Angeles, in San Pedro, California.
BUSINESS / Economy / ANALYSIS
May 30, 2025
Trump's tariff tally: $34 billion and counting, global companies say
Many companies said the erratic nature of U.S. President Donald Trump's trade policies has made it impossible to accurately estimate costs.
U.S. President Donald Trump delivers remarks on tariffs at the White House in April.
BUSINESS / Economy
May 30, 2025
Trump's tariffs to remain in effect after appeals court grants stay
The move comes a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.
U.S. House Speaker Mike Johnson (center) attends a news conference at the Capitol on May 22 after the House narrowly passed a sweeping budget bill that some worry could add trillions to the country's deficit over the next decade.
COMMENTARY
May 28, 2025
The U.S. is about to discover if deficits actually matter
It turns out that this pattern — the bigger the debt, the less likely politicians are to address it — is lurking in the data, and not just in the U.S.
A branch of Danish jewelry maker Pandora in central Copenhagen on Feb. 6, 2024. Pandora CEO Alexander Lacik said the company is debating whether to raise prices globally or more in the U.S.
BUSINESS / Economy
May 21, 2025
Global retailers' tariff strategy risks spreading pain beyond U.S. consumer
Raising prices elsewhere to avoid big hikes in the U.S. risks fueling inflation in those other markets.
China’s Made in China 2025 program set an ambitious agenda, and a decade later, initial assessments conclude it had mixed success but maintain its goals will shape Chinese policy for years to come.
COMMENTARY / World
May 20, 2025
Ten years of Made in China 2025 sees mixed success
MIC2025 set an ambitious agenda, and a decade later, early reviews say it has had mixed success but maintain that its goals will shape Chinese policy for years to come.
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing on Capitol Hill in Washington on May 7.
BUSINESS / Economy
May 19, 2025
U.S. Treasury chief to focus on imbalances at G7 finance meeting
U.S. Treasury Secretary Scott Bessent will seek to refocus the group on addressing trade imbalances and nonmarket economic practices.
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.
Tokyo emerges as a top market for global tech talent
Tokyo ranks among the world's top tech talent hubs alongside Beijing, the San Francisco Bay Area, Bengaluru, Paris, New York and Dublin, according to Colliers' newly released global tech markets report.
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.
CDP leader criticizes ‘Japanese First’ policy and calls for inclusive society
Constitutional Democratic Party of Japan leader Yoshihiko Noda said it is obvious that Japanese society could not function without the help of foreign workers in manufacturing, health care, construction and public transportation.
JSA’s 100th anniversary event is a once-in-a-lifetime chance for sumo fans
Egyptian wrestler Osunaarashi has some fun with children during a special Japan Sumo Association event in 2017.
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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