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April 22, 2025
 

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GLOBAL ECONOMY

The International Monetary Fund headquarters during its spring meetings together with the World Bank Group in Washington in April 2023.
BUSINESS / Economy
Oct 23, 2024
IMF lowers global growth forecast for 2025, warning of growing risks
Global output will expand 3.2%, 0.1 percentage point slower than a July estimate, while inflation will slow from 5.8% in 2024 to 4.3% next year.
A woman sits in front of the New York skyline in Hoboken, New Jersey, on June 23.
BUSINESS / Economy
Oct 23, 2024
U.S. remains engine of global growth in latest IMF forecasts
In its latest World Economic Outlook, the IMF raised its 2024 and 2025 economic growth forecasts for the U.S.
China's strategic government support has enabled it to lead in the production and supply chains for renewable technologies, including wind turbines, solar panels and electric vehicles.
COMMENTARY / World
Oct 22, 2024
What happens when China becomes the green tech superpower?
What should be of more concern is the “soft power” that Beijing will acquire by mastering the green tech sector.
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."
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Toyoko Kids: The lonely street children of Tokyo
Many young people who feel neglected at home flock to the Toyoko area to find a community where they can fit in.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
The floor is art: Takuro Tamayama transforms mundanity
Takuro Tamayama’s sculpture “Models (Pair, 6 sets, 12 rings)” comes with a mathematical formation that scales it for different spaces.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Calling all Potterheads: ‘The Goblet of Fire’ comes to Tokyo
The Tokyo version of the globe-trotting exhibition features a Ministry of Magic set, which includes an imposing replica of the Magic Is Might monument representing magical fascism.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
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By Tomoko Otake

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