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March 20, 2025
 

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GLOBAL ECONOMY

U.S. Federal Reserve Chair Jerome Powell speaks at a news conference in Washington on Wednesday.
BUSINESS / Economy
Mar 20, 2025
Powell downplays growing risks, sees tariff impact as transitory
His use of the word "transitory” was surprising because the Fed employed the same word when inflation exploded following the onset of COVID-19.
A vendor shouts out his price for lettuce in a market in Beijing on March 9. Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest economy struggling to kick-start spending and trade headwinds intensifying as U.S. tariffs kick in under U.S. President Donald Trump.
BUSINESS / Economy
Mar 18, 2025
Global stock markets rise as China outlines plan to boost consumer spending
Beijing plans to raise income with property reforms, stabilize the stock market and encourage lenders to provide more consumption loans.
A worker inspects a steel coil on the factory floor before Canada's Prime Minister-designate Mark Carney visits the ArcelorMittal Dofasco steel mill in Hamilton, Ontario, Canada, on Wednesday.
BUSINESS / Economy
Mar 13, 2025
Trump threatens further tariffs as EU and Canada retaliate against U.S. levies
The U.S. tariffs have rattled investor, consumer and business confidence and raised recession fears.
Coils of rolled steel sit in an industrial yard in Hamilton, Ontario, Canada
BUSINESS / Markets
Mar 12, 2025
U.S.-Canada trade war heats up as Trump doubles metals tariffs, then backs off
The switch came after a Canadian official also backed off his own plans for a 25% surcharge on electricity.
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in the capital on Tuesday.
BUSINESS / Markets
Mar 11, 2025
Asian stocks slide as U.S. growth worries grip markets
In Asia, stocks were battered across the board with Japan's Nikkei and Taiwan stocks hitting their lowest levels since September.
A trader works on the floor of the New York Stock Exchange at the opening bell in New York on Monday, when stocks plummeted as investors fretted that uncertainty over President Donald Trump's tariff policy could tip the world's biggest economy into a recession.
BUSINESS / Markets
Mar 11, 2025
Markets rocked by Trump show economic fear across Wall Street
What had been a steady pullback from the U.S. stock market accelerated sharply Monday as investors retreated from virtually every type of risk.
U.S. President Donald Trump speaks to reporters as White House Press Secretary Karoline Leavitt stands with him aboard Air Force One on his return to Washington on Sunday.
BUSINESS / Economy
Mar 10, 2025
Trump declines to rule out recession in U.S. this year
The U.S. president's on-again, off-again tariff threats have roiled financial markets and stoked unease among consumers.
Qianmen street, Beijing, in March 2023. Though the immediate shock has passed, COVID-19's legacy continues to reshape global economies and markets.
BUSINESS / Economy
Mar 8, 2025
Five years on, the economic impact of COVID-19 lingers
Though the immediate shock has passed, COVID-19's legacy continues to reshape global economies and markets.
U.S. President Donald Trump speaks from the Oval Office of the White House in Washington on Friday. Trump said tariffs could be imposed on Canadian dairy and lumber products within days, in a growing trade war with the United States' northern neighbor.
BUSINESS / Economy / FOCUS
Mar 8, 2025
Trump’s on-again, off-again tariff strategy sows confusion
Hasty announcements have injected chaos into the economy and financial markets, casting doubts about the White House’s trade strategy.
Ukraine has become a leader in drone warfare, particularly with its innovative use of first-person view drones. These drones have proven highly effective in targeting Russian military equipment and ammunition depots.
COMMENTARY / World
Mar 6, 2025
Breaking down Ukraine’s true value
With the U.S. now increasingly acting in Russia’s interests, supporting Ukraine is not just a moral imperative for Europe, it is an existential one.
The yield on Japan’s 10-year note climbed 7 basis points to 1.5%, the highest since 2009.
BUSINESS / Economy
Mar 6, 2025
German bond rout goes global as yields surge in Japan
The yield on Japan’s 10-year note climbed 7 basis points to 1.5%, the highest since 2009.
Tariffs and trade uncertainty are causing the U.S. economy to lose steam, and companies more vulnerable to slower growth are starting to show the cracks.
BUSINESS / Markets
Mar 6, 2025
Investors spy the dawn of a tectonic shift away from U.S. markets
For most of the last three years, investors had bet on "U.S. exceptionalism," with the country ahead of others in economic growth, stock prices and AI.
The international system led by the United Nations faces challenges such as failing to maintain peace, end corruption and implement reforms, raising concerns of a League of Nations-like collapse.
COMMENTARY / World
Mar 4, 2025
Transitioning to a new global structure without a League of Nations-style collapse
Like many idealistic efforts throughout history, the League of Nations teetered for years before its final collapse as the end of World War II.
Maersk shipping containers are stored aboard the ‘Albert Maersk’ in Navi Mumbai, India, on Feb. 28.
BUSINESS / Markets
Mar 3, 2025
U.S. tariffs and easing of Middle East tensions threaten reversal of shipping boom
Global liner rates fell 5.9% sequentially in the week ended Feb. 27, after earlier breaking below $3,000 per 12-meter container for the first time since early May
As more countries gain global influence, disagreements over the future world order are making cooperation harder, especially between democracies and autocracies.
COMMENTARY / World
Feb 23, 2025
The age of multipolarization
The shift to a multipolar world has been accompanied by deepening polarization within and between countries.
An electric vehicle factory in Rayong, Thailand. Asian countries are among the most vulnerable to President Donald Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
BUSINESS / Markets
Feb 22, 2025
How Trump’s tariffs could reorder Asia trade and exclude the U.S.
Asian countries are among the most vulnerable to Trump's economic grievances — but also well-placed to make deals to minimize their exposure.
People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, in June 2022.
BUSINESS / Economy / ANALYSIS
Feb 21, 2025
'Stagflation' fears haunt U.S. markets despite Trump's pro-growth agenda
The dreaded scenario has crept back as a key risk for investors in recent weeks.
The Marriner S. Eccles Federal Reserve Board Building in Washington. Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.
BUSINESS / Economy
Feb 20, 2025
Federal Reserve noted Trump policies could stir inflation, minutes show
Companies have told the U.S. central bank they generally expect to raise prices to pass along the cost of import tariffs.
Cargo ships full of shipping containers are seen at the port of Oakland, California, on Feb. 3 as trade tensions escalate over U.S. tariffs
BUSINESS / Economy
Feb 13, 2025
Trump says he will sign reciprocal tariffs order soon, as trade war fears mount
Trump's latest round of market-rattling tariffs comes as Indian Prime Minister Narendra Modi is due to visit the White House on Thursday.
Southeast Asian economies, once seen as beneficiaries of the U.S.-China trade war, now face challenges as escalating tariffs and trade tensions threaten their growth and regional stability.
COMMENTARY / World
Feb 5, 2025
Winners of the first trade war may not be so victorious
Stuck between the U.S. and China, Southeast Asia’s challenges this time around are much greater.
Snowfall in Tokyo as storm sweeps country
Snow falls on a narrow drinking alley in Tokyo's Bunkyo Ward on Wednesday morning.
Japan's record snow in February attributed to global warming
Tourists visit a park in front of the Imperial Palace amid snowfall in Tokyo on Wednesday.
‘DEI’ purge prompts Pentagon to remove webpage on Iwo Jima flag-raiser
A signed picture by photographer Joe Rosenthal of U.S. Marines raising the American flag on Iwo Jima is shown as part of a display at the new National Museum of the Marine Corps in Quantico, Virginia, in November 2006.
Putin spurns a Ukraine ceasefire but Trump calls talk a win
After U.S. President Donald Trump and Russian leader Vladimir Putin's phone call, talks aimed at advancing toward a broader peace plan will begin immediately, the White House, though it was unclear whether Ukraine will be involved.
Japan’s twin obsessions meet as MLB visits sumo’s heartland
Dodgers pitcher Clayton Kershaw takes part in a sumo demonstration in Tokyo on Friday.
In pictures: Tokyo's weeklong celebration of baseball's best
Shohei Ohtani belts a home run in the fifth inning of the second game of the Tokyo Series between the Dodgers and Cubs.
What's the fuss over Ishiba's gift vouchers?
Prime Minister Shigeru Ishiba waits for a session of the House of Councillors Budget Committee to begin in Tokyo on Friday.
At Tokyo Dome, a stage so big that even Shohei Ohtani felt nervous
Shohei Ohtani tips his batting helmet during the opening game of the MLB season between the Dodgers and Cubs on Tuesday at Tokyo Dome
Assassin’s Creed Shadows puts samurai style over substance
Releasing on March 20, Assassin's Creed Shadows excels in atmosphere and open-world gameplay but falls short of narrative expectations.
At Ventinove, Tuscan specialties taken to new heights
Tucked away behind the historic Tsuchida sake brewery, Ventinove's location and sleek, angular architecture make for impressive destination dining.

Podcast

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

Longform

Passengers that were on a morning train attacked by members of the Aum Shinrikyo group wait for medical assistance outside Kasumigaseki Station on March 20,1995.
The day a religious cult brought terror to Tokyo
By Alex K.T. Martin

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