Tag - global

 
 

GLOBAL

After being whipsawed by false starts calling for the end of the Fed’s rate hiking regime, a Bloomberg gauge of the greenback is down nearly 3% since January in the steepest annual drop for the U.S. currency since 2020.
BUSINESS / Economy
Dec 29, 2023
U.S. dollar is set for worst year since 2020
The dollar’s fall stands in contrast to the pound, which is set for its best year since 2017.
People walk in the Zhujiang New Town area of Guangzhou.
ASIA PACIFIC
Dec 29, 2023
China’s richest provinces promise to take lead in driving growth
Almost all 31 mainland provinces held meetings to discuss next year’s priorities after the Central Economic Work Conference in Beijing this month.
Economists often struggle to predict business downturns and different economic theories may apply in different situations.
COMMENTARY / World
Dec 27, 2023
What economists got wrong about the Great Recession
Macroeconomics faces challenges and limitations in predicting and understanding economic events.
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
COMMENTARY / World
Dec 25, 2023
The yuan is finally showing some muscle in international trade
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
The problems afflicting Afghan society today, such as the repression of women’s rights and conflict, are also global issues.
COMMENTARY / World
Dec 13, 2023
Neglecting Afghanistan could have global repercussions
The problems afflicting Afghan society today, such as the repression of women's rights and conflict, are a reflection of those facing the wider world.
COP28 President Sultan Ahmed Al Jaber gives a press conference at the United Nations Climate Change Conference in Dubai on Dec. 4.
COMMENTARY
Dec 8, 2023
Climate solutions are debatable, but science is inescapable
How we set environmental policies depends on how we interpret the facts.
The COP28 climate conference is being held at Expo City Dubai for a total of 100,000 attendees, 2,000 of which are from fossil fuel companies.
COMMENTARY / World
Dec 11, 2023
COP28 like a trade show? That’s not a bad thing.
Some lament the presence of many fossil fuel representatives among the 100,000 attendees of COP28 in Dubai, failing to recognize their key role.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
Shein, a Chinese-founded online fast fashion platform, has filed to go public in the U.S. in what could be one of the world’s biggest IPOs.
COMMENTARY / World
Dec 4, 2023
Chinese are making a killing everywhere but in China
China's companies are racing to reap the benefits of entering the U.S., while also running away from a crowded and competitive local market.
COP28 has kicked off in Dubai amid division, as there is no firm commitment from developed nations to help out less financially secure countries. 
COMMENTARY
Nov 29, 2023
The Global South has lost faith in COP28
The Global South, which bears the brunt of climate change despite contributing minimally to emissions, is frustrated.
Chinese tourists buy gold bars and gold accessories at LukFook, a jewelry store, in Hong Kong.
BUSINESS / Economy
Nov 28, 2023
Gold bars and Tokyo apartments: How money is flowing out of China
The outbound shift of money in part indicates unease inside China about the sputtering recovery after the pandemic as well as deeper problems.
A man walks through the Central Business District on a rainy day, in Beijing.
BUSINESS / Economy
Nov 28, 2023
West's de-risking starts to bite China's prospects
China is outwardly confident about growth despite a global economic slowdown
Pro-Palestinian supporters gather in a show of solidarity at the National Monument in Jakarta on Nov. 5.
COMMENTARY / World
Nov 22, 2023
Asia’s Muslims grow weary of the West’s double standards
Indonesia and Malaysia have long taken a strong pro-Palestinian stance and neither has diplomatic ties with Israel.
Federal spending and political polarization prompted Moody's on Friday to lower its outlook on the U.S. credit rating to "negative" from "stable."
BUSINESS / Economy
Nov 11, 2023
Moody's turns negative on U.S. rating, drawing Washington's ire
Moody' lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability.
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
COMMENTARY / World
Nov 10, 2023
How China’s downturn could save the world
The world’s carbon footprint is split into three roughly equal portions: China, all developed nations and the rest of the world.
Tokyo retained third behind London and New York in this year's Global Power City Index (GPCI) report.
JAPAN / Society
Nov 9, 2023
Tokyo remains third in global power index despite downturn
Among other Japan cities, Osaka ranked 37th while Fukuoka placed 42nd in the index.
Occupy Wall Street protesters hold a rally in front of the U.S. Federal Reserve bank in downtown Denver in November 2011.
COMMENTARY / World
Nov 3, 2023
When minority rule by neoliberals fails
Left-leaning movements and progressive ideas and policies have gained ground in the United States, altering the perception of free markets.
U.S. Federal Reserve Board Chairman Jerome Powell during a news conference in Washington on Wednesday
BUSINESS / Economy
Nov 3, 2023
Global central banks mark a possible plateau
Policymakers in Frankfurt, London and Washington uniformly say rate cuts won't be on the table until price pressures are truly contained.
Economy minister Yasutoshi Nishimura (center) is right to insist that economic security is linked to national power and determines the fate of the nation. REUTERS
COMMENTARY / World
Oct 31, 2023
Economic security demands attention and defies simple explanation
A global challenge: Resilience and innovation are key strategies in the pursuit of economic security.
A ceremony marking the opening of the carbon credit market at the Tokyo Stock Exchange in Tokyo on Oct. 11
COMMENTARY / World
Aug 15, 2023
Why all carbon credits aren’t created equal
Because the carbon credit market is unregulated and completely voluntary, it’s been able to get away with a lack of scrutiny.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores