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August 13, 2026
 

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GLOBAL ECONOMY

A South Korean job seeker checks his appearance using a smartphone as another reviews his notes before an interview at a job fair in Seoul on July 12.
BUSINESS
Aug 12, 2026
World youth unemployment rate rose last year, U.N. agency says
Some of the steepest increases were seen in high-income countries as artificial intelligence begins to change the jobs market.
The yen saw the worst performance among Group-of-10 peers on Monday as it weakened to the ?159 level against the dollar.
BUSINESS
Aug 11, 2026
Yen erases half of intervention gains as traders test Japan and U.S. authorities
The Japanese currency weakened by 1%, ending the session at ?159.29 per dollar, marking the worst performance among Group-of-10 peers on Monday.
U.S. and Japanese officials have warned investors they¡¯re determined to keep defending the yen if needed.
BUSINESS / Economy
Aug 8, 2026
Yen jumps on U.S. data as traders watch for intervention clues
The currency gained 0.4% on the day to trade at ?157.76 per dollar as of 5 p.m. in New York.
Federal Reserve Gov. Lisa Cook speaks at the Stanford Institute of Economic Policy Research in Palo Alto, California, on May 27.
BUSINESS / Economy
Aug 8, 2026
Trump renews effort to fire Fed Gov. Lisa Cook, continuing attacks on central bank
The White House told Cook in a letter this week that the president was ¡°considering¡± removing her from her role.
Blockchain's revival is being driven by financial institutions that are tokenizing assets, launching stablecoins and pursuing 24/7 markets.
COMMENTARY / World
Aug 5, 2026
Bankers are doing grown-up stuff with crypto now
Turning cash into code will reduce the number of steps in market transactions and trades, allowing for instant settlement and programmable rules on where money goes and when.
U.S. Treasury Secretary Scott Bessent has taken an active interest in Â鶹´«Ã½ economic affairs.
BUSINESS / Economy / FOCUS
Aug 5, 2026
Scott Bessent draws on hedge fund instincts to help rescue yen
Most recent Treasury Secretary predecessors came from what is known as the sell-side of finance, but Scott Bessent, with a decades-long hedge fund career, is different.
COMMENTARY / World
Aug 4, 2026
The limits of Asia¡¯s two major growth models
China and India entered the last decade at opposite extremes, with China dominating global manufactured?goods exports while India derived roughly half of its GDP from services.
Beijing's Central Business District. A Bank of Italy paper estimated that domestic factors, such as weak consumption and overcapacity, have driven about 75% of Chinese export growth.
BUSINESS / Economy
Aug 3, 2026
China draws ¡®red lines¡¯ around its economic model ahead of EU and U.S. trade talks
The West frames China¡¯s policies as mercantilist and opposing global trade ?rules, saying its priority for producers over households pushes cheaper goods into global markets.
Paul Sheard, former executive vice president at major U.S. financial information service business S&P Global, speaks during an interview in New York on Monday.
BUSINESS / Economy
Jul 29, 2026
BOJ needs to raise policy rate to 1.5%, former S&P Global executive says
Economist Paul Sheard such a hike is needed to fight inflation reflecting higher import prices amid the yen¡¯s weakness.
Global economic imbalances are widening again as U.S. deficits and China¡¯s surpluses grow, creating financial vulnerabilities that require domestic fixes and coordinated international management.
COMMENTARY / World
Jul 28, 2026
The world¡¯s biggest economies face a dangerous imbalance problem
Only by taking coordinated action to manage the associated risks can the world prevent today¡¯s tensions from erupting in another global economic crisis.
Shipping containers on a container ship at the Port of Long Beach, California.
BUSINESS / Economy
Jul 24, 2026
Trump rebuilds tariffs with forced-labor duties on 60 economies
Duties on items from the European Union and Taiwan will be at least 10% and products from Japan will be taxed at at least 12.5%.
Unlike recent energy crises, today's geopolitical shock is destroying supply rather than rerouting it, exposing the limits of the standard policy toolkit.
COMMENTARY / World
Jul 22, 2026
Why this energy shock is different
Governments can mitigate its impact on those most exposed, but only if fiscal and monetary policy work in concert.
A Chinese People's Liberation Army honor guard welcomes U.S. President Donald Trump during a ceremony hosted by Chinese leader Xi Jinping in Beijing on May 14.
COMMENTARY / World
Jul 15, 2026
Managing Sino-American Interdependence
Only after World War II did trade become increasingly intraindustry, and now the U.S.-China economic relationship has gone further.
Vessels in the Strait of Hormuz, as seen from Musandam, Oman, on June 18
BUSINESS / Economy
Jul 4, 2026
European nations now believe some Hormuz fees are inevitable
Privately, some Gulf Arab officials hold the same view, sources said, though this is not necessarily the formal position of their governments.
Foreign exchange dealers work inside the Woori Bank trading room in Seoul.
BUSINESS / Markets
Jul 3, 2026
South Korea opens 24-hour won trading at a fraught moment
The launch onto the global stage is taking place just as the won is revisiting low levels last seen in 2009, which leaves the currency and economy more open to speculators.
Prime Minister Sanae Takaichi, U.S. President Donald Trump and other leaders gather during the Group of Seven summit in Evian-les-Bains, France, on June 16.
COMMENTARY / Japan
Jul 1, 2026
China¡¯s export controls target Japan to split the Group of Seven
Why Japan and why now? Tokyo raised the first question itself: Chief Cabinet Secretary Minoru Kihara protested that controls singling out Japan depart from international practice.
Japan spent ?11.7 trillion ($73 billion) between late April and late May to prop up the weak yen.
BUSINESS
Jul 1, 2026
Why is the yen so weak and what can Japan do about it?
The yen has tumbled past a 40-year low against the U.S. dollar, prompting the Japanese government to vow ¡°appropriate action at any time.¡±
U.S. President Donald Trump speaks during the Faith & Freedom Coalition event in Washington on Friday.
WORLD
Jun 27, 2026
U.S. and Iran trade strikes, putting new strain on Mideast ceasefire
The U.S. said its strikes were a response to ¡°unwarranted aggression against commercial shipping by Iranian forces¡± that ¡°clearly violated the ceasefire.¡±
Russian President Vladimir Putin and Singaporean Prime Minister Lawrence Wong meet on the sidelines of the Russia-ASEAN Summit in Kazan, Russia, on June 18.
COMMENTARY / World
Jun 25, 2026
ASEAN-Russia summit signals multipolar shift
Leaders¡¯ engagement in Kazan underscores Southeast Asia¡¯s pragmatic diplomacy amid global realignment.
New U.S. Federal Reserve Chairman Kevin Warsh holds a news conference after a Federal Open Market Committee meeting in Washington on June 17.
COMMENTARY / World
Jun 25, 2026
Warsh Fed era heralds a new trial for Asian currencies
The Warsh era has arrived. In his first news conference, the chair described it as a new chapter for the Fed. Asia needs to read in quickly.
Gut bacteria may be behind many of Â鶹´«Ã½ colorectal cancer cases
A Japanese research team found that a toxin produced by certain E. coli strains, colibactin, caused genetic mutations in nearly half of colorectal cancer cases studied
¡®Total whiplash¡¯: Foreign residents react to Â鶹´«Ã½ changing permanent residency rules
The entrance to the Tokyo Immigration Bureau in Minato Ward, Tokyo, in March. For some foreign residents of Japan, tightening measures for permanent residency have become one factor in a broader calculation over whether remaining in the country makes financial sense over the long term.
She is Russia¡¯s richest woman. Her business empire is going up in flames.
Tatyana Kim, the head and co-founder of Wildberries, speaks about Ukrainian drone attacks on the company's warehouses in the course of the Russia-Ukraine conflict, at an unidentified location, in this still image from a handout video released on July 31.
Severe tropical storm Chan-hom makes landfall near Tokyo
Severe Tropical Storm Chan-hom made landfall around Ibaraki Prefecture, near Tokyo, on Tuesday night.
What Â鶹´«Ã½ language rules for permanent residency should look like
Potential health care workers hoping to find work in Japan take Japanese language instruction in Jakarta. Not all applicants for permanent residency should be expected to reach this level of proficiency.
Where do foreign residents in Japan want to die?
The Yokohama Foreign General Cemetery is one of the few cemeteries in Japan that allows burials, albeit with conditions for the deceased, including foreign nationality and permanent residency in Kanagawa Prefecture.
¡®Total whiplash¡¯: Foreign residents react to Â鶹´«Ã½ changing permanent residency rules
The entrance to the Tokyo Immigration Bureau in Minato Ward, Tokyo, in March. For some foreign residents of Japan, tightening measures for permanent residency have become one factor in a broader calculation over whether remaining in the country makes financial sense over the long term.
As Â鶹´«Ã½ concrete jungles sizzle, urban forestry offers an all-natural fix
People and birds find relief from the sun in Tokyo's Nakano Ward earlier this month. While experts agree that urban greening is crucial to mitigating the impact of climate change, trees are becoming even more scarce in Japanese cities.
Â鶹´«Ã½ brewers experiment with a secret ingredient: music
At Smoke Craft, a craft beer brewery in Tokorozawa, Saitama Prefecture, music isn't just a background to the brewing process ¡ª it's an ingredient.
As countries ban social media for children, Japan mulls a different approach
Data from NTT Docomo¡¯s Mobile Society Research Institute released in June found that 55% of respondents across all age groups said they fiddled with their phones when they had nothing to do, even when another person was in front of them.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

Disaster relief workers Taichi Kato (left) and Seiji Yoshimura enter the collapsed living quarters at Kyuganji temple in Yatsushiro, Kumamoto Prefecture.
What Kumamoto revealed about Â鶹´«Ã½ earthquake readiness
By Alex K.T. Martin

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