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May 15, 2025
 

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TRADE

Morgan Stanley analysts estimate the top five makers of hearing aids hold roughly 99% of the global market, which they predict will be worth over $14 billion by next year rising from about $12 billion in 2023.
BUSINESS / Tech
May 15, 2025
Trump’s tariffs spare Europe-dominated hearing aid industry
An ecosystem developed over more than a century has given the three Danish companies and a Swiss rival a quasi-monopoly on the market for devices that help people hear better.
Iceland's national flag flies next to the European flag
WORLD / Politics
May 15, 2025
Trump's Greenland threats spark Iceland jitters
Around 74% of Icelanders think Trump's interest in Greenland, and in the Arctic in general, pose a threat to their country, according to a recent poll.
Over 30 years, U.S.-China trade talks have largely failed because Beijing prioritizes protecting its political system, making only symbolic concessions, while Washington struggles to win lasting changes.
COMMENTARY / World
May 15, 2025
The U.S. will never win a trade war with China
For sure, the 90-day truce is merely temporary relief. As long as negotiations continue as they are, the U.S. will not be able to win a trade war with China
U.S. President Donald Trump (center), Qatar's Emir Tamim bin Hamad Al-Thani (right) and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha on Wednesday.
BUSINESS / Companies
May 15, 2025
Qatar Airways orders 160 Boeing twin-aisle jets during Trump visit
The deal for Boeing 777X and 787 planes with GE Aerospace engines was worth $96 billion, according to the White House.
U.S. Trade Representative Jamieson Greer travels to the resort island of Jeju, South Korea, to join his counterparts at the meeting of Asia-Pacific Economic Cooperation members on Thursday and Friday.
WORLD / Politics
May 15, 2025
Trade chiefs jostle for time with Greer at APEC meeting in South Korea
Many will seek talks with the U.S. trade representative to try to blunt the impact of U.S. President Donald Trump’s barrage of tariffs.
Ryosei Akazawa, Japan's tariff czar, after the first round of talks in Washington. Media reports indicate he may be headed back to the United States next week for the third round of negotiations.
BUSINESS / Economy
May 15, 2025
Third round of U.S.-Japan tariff talks may be held next week: report
Akazawa’s two previous visits to Washington yielded no tangible results.
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
BUSINESS / Companies
May 14, 2025
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
No matter what happens, they expect the new levies to cost them a lot.
A liquefied natural gas (LNG) tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in 2017.
BUSINESS
May 14, 2025
Japan under pressure from U.S. to invest in Alaska LNG pipeline
Doubts over the pipeline's profitability and viability leaves Japan's participation in the $44 billion (nearly ¥6.7 trillion) project uncertain.
Chinese Vice Premier He Lifeng attends a meeting with global business leaders at the Great Hall of the People in Beijing on March 28.
WORLD / Politics
May 14, 2025
China surrounded Xi aide with seasoned experts to seal U.S. deal
The crew engaging with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer was on public display for the first time Sunday.
U.S. President Donald Trump's policies, including attacks on research funding, immigration and trade threaten the foundations of American economic exceptionalism, and the resulting damage may be difficult to undo.
COMMENTARY / World
May 14, 2025
American exceptionalism meets its maker
The question is whether U.S. President Donald Trump’s destructive policies have now brought this economic exceptionalism to an end.
Trade Minister Yoji Muto will skip the Asia-Pacific Economic Cooperation meeting, a decision that will likely lower Tokyo’s chances of securing an opportunity for bilateral talks with U.S. Trade Representative Jamieson Greer.
BUSINESS / Economy
May 14, 2025
Japan’s key officials to skip APEC meet attended by U.S. trade representative
This won’t be the first time Japan’s trade minister will miss the APEC gathering in recent years, but sending a lower-ranking official may make it harder to hold one-on-one talks.
U.S. President Donald Trump speaks during the Saudi-U.S. business investment forum in Riyadh, Saudi Arabia, on Tuesday.
BUSINESS / Tech
May 14, 2025
Trump’s Middle East visit opens floodgate of AI deals led by Nvidia
Saudi Arabia and the United Arab Emirates are poised to win wider access to advanced AI chips from Nvidia and Advanced Micro Devices.
Chinese leader Xi Jinping speaks during the opening ceremony of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on Tuesday.
ASIA PACIFIC / Politics
May 13, 2025
China's Xi slams 'bullying' as Beijing hosts Latin American leaders
The Chinese leader also pledged $9.2 billion in credit toward "development" for the region — part of a broad set of initiatives aimed at deepening cooperation.
Huntar Company CEO Jason Cheung adjusts some of the toys on display at his office in Union City, California, on May 8. His company manufactures toys in China for clients in the U.S., Canada and Europe.
BUSINESS / Markets
May 13, 2025
Tariffs crippled U.S.-owned factory in China that made toys for Walmart
Huntar Company CEO Jason Cheung says his company would survive if tariffs come down quickly. If they don't, he'd lose everything.
U.S. President Donald Trump speaks during a news conference in the Roosevelt Room of the White House in Washington on Monday.
WORLD / Politics / FOCUS
May 13, 2025
Trump’s diplomatic frenzy spins big gambles as signs of success
The latest moves reveal a White House eager to show it has momentum to pivot from a volatile first 100 days.
The 90-day truce in the U.S.-China trade war was a huge relief for small businesses and millions of workers on both sides of the Pacific.
COMMENTARY / World
May 13, 2025
Trump and Xi tone down a senseless trade war
It was a huge relief for small businesses and millions of workers on both sides of the Pacific.
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
BUSINESS / Economy / ANALYSIS
May 13, 2025
Xi defiance pays off as Trump meets most China trade demands
Going forward, experts say, this will make the Chinese side confident that they have leverage over the U.S. in any negotiations.
A bulk carrier arrives at the Port of Los Angeles on April 28.
BUSINESS / Markets
May 13, 2025
China tariff relief spurs shipping rush and price hike U-turns
The temporary tariff relief means that U.S. companies will try to quickly ship out products that were being held in factory warehouses in China.
Sinovac, a Chinese COVID-19 vaccine, is administered in Bangkok in 2021. The recent U.S. withdrawal from the World Health Organization has further opened the field for Beijing to assert its role in global health, including through vaccine diplomacy.
COMMENTARY / World
May 12, 2025
If China triumphs, America has itself to blame
While Trump's policies bite at home, Beijing is stepping in to fill the void left by the U.S. retreat from global leadership in areas ranging from trade and investment to health.
Prime Minister Shigeru Ishiba at the White House earlier this year. Ishiba said Monday that farmers won't be sacrificed for automakers in Japan's tariff negotiations with the U.S.
BUSINESS / Economy / FOCUS
May 12, 2025
Japan might be playing long game in U.S. tariff talks
Tokyo is resisting making any major concessions, possibly in the hope that mounting domestic pressure will force U.S. President Donald Trump to give it a better deal.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
One month on, Osaka Expo urged to boost heat and crowd control measures
A gate to the Osaka Expo site is crowded with visitors on Monday.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Japanese retailers turn to California rice for cheaper alternative
U.S. Ambassador to Japan George Glass eats California rice at the U.S. Embassy in Tokyo on Tuesday along with Mitsuko Tsuchiya, vice president of retailer Aeon.
Sumo title contenders already emerging in early stages of Tokyo meet
Onosato (left) battles Abi on Day 3 of the Summer Basho in Tokyo on Tuesday.
Harmfully hot days for pregnant women in Japan nearly doubled over past five years
New research by a U.S. climate scientists’ group reveals that extreme heat has increased the risks of preterm births and other pregnancy complications in Japan, nearly doubling the number of days that are harmfully hot for pregnant women over the past five years.
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
Tokyo Stock Exchange wants stocks to be affordable for the average investor
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.

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