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May 25, 2025
 

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GLOBAL ECONOMY

A Wall Street sign in front of a U.S. Flag outside the New York Stock Exchange before the Federal Reserve announcement in New York on Sept. 18.
BUSINESS / Markets
Dec 24, 2024
Risks stack up for the global economy in 2025
New spending priorities beckon for national budgets already stretched after the pandemic, from tackling climate change to boosting armies to caring for aging populations.
Red flags fly at Tiananmen Square in Beijing on July 10.
WORLD / Politics
Dec 11, 2024
China begins annual economic meeting to hash out stimulus plan
The meeting will give investors their next glimpse into how China's policymakers plan to approach the coming year.
Masato Kanda, former vice finance minister for international affairs, will start his role as Asian Development Bank's president in February.
BUSINESS / Economy
Dec 6, 2024
Incoming ADB chief Kanda keeping eye on U.S. policy as Trump return looms
Any changes in tariffs, taxes and immigration restrictions in the U.S. could have a major impact on Japan and other Asian economies, he notes.
The United Nations once projected the world’s population would peak at 10.3 billion in the 2080s, but now expects 700 million fewer inhabitants by 2100.
COMMENTARY / World
Dec 4, 2024
Why falling fertility is not a crisis
The current population decline mirrors past transitions like the industrial revolution, where smaller families fueled economic growth and innovation.
A demonstrator wearing a mask of President Yoon Suk Yeol dances near a line of police officers across the street from the main gate to the National Assembly building in Seoul on Wednesday.
BUSINESS
Dec 4, 2024
South Korea’s whirlwind stint in martial law jolts markets
The move sparked whiplash in the country’s foreign-traded assets and caught global markets off guard.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
COMMENTARY / World
Nov 27, 2024
Bessent will have to fix America's finances. Good luck with that.
It’s hard to overstate the importance of the U.S. Treasury market as it sets global stock and bond prices and shapes U.S. deficit financing costs.
Trucks wait near the Zaragoza-Ysleta border crossing bridge to cross into the U.S., in Ciudad Juarez, Mexico, on Monday.
WORLD / Politics
Nov 27, 2024
Trump tariffs would harm all involved, U.S. trade partners say
Officials warn a trade war could erupt and damage economies, and seek talks with Trump after his surprise announcement of hefty tariffs on Mexico, Canada and China.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
BUSINESS / Economy
Nov 26, 2024
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
The president-elect says he will sign executive orders to enforce the measures when he returns to the White House on Jan. 20.
At the United Nations climate conference in Baku, rich nations found that efforts to reduce their own emissions and fund climate programs elsewhere in the world bought them little favor with developing countries most at risk of global warming.
COMMENTARY / World
Nov 26, 2024
Clean power must offer more hope to beat fossil fuels
Wealthy nations must treat climate change as a genuine crisis, advocating for bold financing programs to enable poor nations to industrialize with clean energy.
In developing Asia, where coal dominates and imported liquefied natural gas is expensive, natural gas remains limited in electricity grids.
COMMENTARY / World
Nov 24, 2024
Gas got America off coal. Now, it's coming for Asia's oil.
It can work in concert with carbon-free energy to break the hold of the dirtiest sources of power.
Chinese President Xi Jinping arrives for a bilateral meeting Peruvian President Dina Boluarte at the Government Palace in Lima on Nov. 14.
WORLD / Politics
Nov 20, 2024
Xi’s push for stable world of low tariffs undone by Trump and Putin
U.S. President-elect Donald Trump is threatening to put 60% tariffs on Chinese goods while China walks a tightrope regarding Russia’s invasion of Ukraine.
Chinese leader Xi Jinping reviews an honor guard upon his arrival for the Asia-Pacific Economic Cooperation forum in Callao, Peru, on Thursday.
BUSINESS / Economy
Nov 16, 2024
Xi seizes role as global defender of free trade against Trump
China’s leader warned on Friday that the global economy was fracturing as protectionism spreads, leading to "severe challenges.”
U.S. President-elect Donald Trump attends a meeting with House Republicans at the Hyatt Regency hotel in Washington on Wednesday.
WORLD / Politics
Nov 16, 2024
G20 set to back climate goals and global trade in message to Trump
Group of 20 leaders meeting in Brazil next week are set to show unity on climate action and global trade rules.
The Azerbaijan pavilion during the COP29 climate conference in Baku, Azerbaijan, on Monday
ENVIRONMENT / Climate change
Nov 14, 2024
Hopes pinned on low-key COP29 to thrash out climate-finance details
The Baku summit aims to reach new agreement for climate-related transfers from rich to poor countries, intended to replace a $100 billion annual target set in 2009.
Then-Chinese Vice Premier Liu He presents a letter from his boss, Xi Jinping, to then-U.S. President Donald Trump at the White House following trade negotiations in October 2019.
COMMENTARY
Nov 14, 2024
Trump’s tariffs and inflation fatigue are a toxic brew
Key to Trump's logic is the idea that the U.S. has all the leverage, and that just isn’t true in the current macroeconomic environment.
Taxes on U.S. citizens working abroad aren’t excessive so much as excessively complicated.
COMMENTARY / World
Nov 14, 2024
Trump is right: Expat taxes are too complicated
Taxes on U.S. citizens working abroad aren’t excessive so much as excessively complicated.
While equity investors are optimistic about tax cuts and deregulation, concerns are emerging in the bond and currency markets, which are signaling fears of higher inflation due to Donald Trump’s economic proposals.
COMMENTARY / World
Nov 12, 2024
Trump’s market honeymoon won't last much longer
Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing.
Donald Trump believes the U.S. should prioritize its own national interests like other countries rather than maintaining its traditional role as a global leader, signaling a dramatic shift in how the United States may engage with the world.
COMMENTARY / World
Nov 12, 2024
Who will step up if Trump steps back?
U.S. President-elect Donald Trump is indifferent to the global order and may adopt a foreign policy approach that reshapes the global balance of power.
Shipping containers are seen at the Port of Nanjing in eastern China's Jiangsu province on Oct. 17.
BUSINESS / Markets
Nov 12, 2024
China approaches record $1 trillion trade surplus to world’s ire
The pace of widening puts China on a collision course with some of the world’s biggest economies by aggravating an imbalance in global commerce.
From France to Mali, a deportee's struggle far from home
Moussa Sacko, a Malian deported from France — where he had lived since he was a young child — stands on a street in Bamako, Mali, in December. Compared with his home in France, Bamako feels like a different planet, Sacko said.
Trump announces Nippon Steel-U.S. Steel ‘partnership’ deal
U.S. President Donald Trump points as he boards Air Force One en route to New Jersey, at Joint Base Andrews, Maryland, on Friday.
Travelers avoid trips to Japan over viral comic book’s quake prediction
Visitors walk along Nakamise-dori as they visit Sensoji Temple in Tokyo's Asakusa district in March.
Tokyo's Yamanote Line resumes suspended train operations
All services on East Japan Railway's Yamanote Line in Tokyo were suspended for early Friday morning due to wire trouble.
Onosato set for yokozuna promotion after clinching Emperor’s Cup
Onosato after defeating Kotozakura at Ryokugikan in Tokyo on Friday. The win gave him a 13-0 record and clinched the Emperor's Cup, assuring him of promotion to yokozuna next week.
AI fiction is already here. Are humans ready?
After last year’s controversy over using AI to write about 5% of her novel, Rie Qudan was asked by an advertising magazine to write a short story where she uses AI for 95% of it. The resulting short story, “Kage no ame” (“Rain Shadow”), was published March 25.  
Six short films that capture our world in mere minutes
“Marion” provides a glimpse into the lives of bull dodgers, who perform a nonlethal version of bullfighting.
As Taiwan looks to boost ‘unofficial ties,’ Paraguay’s leader offers facilitator role
Paraguayan President Santiago Pena speaks during an interview with The Japan Times in Tokyo on Thursday.
GCAP next-gen fighter joint venture likely to be running by this summer
A concept model of the Global Combat Air Program's fighter jet is displayed during the DSEI Japan defense exhibition in the city of Chiba on Wednesday.
NTT develops world's first 'flying lightning rod' using drones
NTT's drone — aimed at triggering, then redirecting lightning — is described as a "flying lightning rod."

Podcast

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

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb
By Alex K.T. Martin

SUSTAINABLE JAPAN

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